Author : Business Wire

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Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Public relations, investor relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia. Founded in 1961, Business Wire is a trusted source for news organizations, journalists, investment professionals and regulatory authorities, delivering news directly into editorial systems and leading online news sources via its multi-patented NX network. Business Wire’s global newsrooms are available to meet the needs of communications professionals and news media worldwide.

Tavant Launches LO.ai: AI-Powered Product to Empower Loan Officers and Borrowers

Business Wire
Unveiled at MBA’s Annual Convention & Expo 2024, LO.ai boosts loan pull-through rates, reduces loan manufacturing costs, and automates loan officer training Tavant, a Silicon Valley-based provider of AI-powered digital lending technologies, announced today the availability of a new product, LO.ai, that augments its widely-adopted AI-powered digital lending platform, Tavant’s......

Algebrik AI Expands Founding Leadership Team with the Appointment of Jesse Frugé as VP of Product Management

Business Wire
Algebrik AI Inc., a New York-based company pioneering the world’s first cloud-native and AI-powered digital era Loan Origination Platform (LOS), today announced the appointment of Jesse Frugé as Vice President of Product Management. Founded by Pankaj Jain, a veteran in the industry, Algebrik is designed to address the challenges faced......

Pagaya Completes Acquisition of Theorem Technology, Inc.

Business Wire
On a combined basis, the company now has access to more than $3 billion of fund capital to support strong investor demand Pagaya Technologies LTD., a global technology company delivering AI-driven product solutions for the financial ecosystem, today announced the completion of its acquisition of Theorem Technology, Inc. (“Theorem”), a......

Extend Launches Bill Pay for Invoice Payments

Business Wire
Extend, a leading virtual card and spend management platform, today announced the launch of Bill Pay, a new feature that empowers businesses to streamline invoice payments using virtual cards. The Bill Pay feature simplifies the workflow for accounts payable processes, optimizes cash flow, maximizes credit card rewards, and enhances security......

Reducing Fraud and Amping up Authorizations: Worldpay and Capital One Share Transaction Data to Optimize Payments

Business Wire
New partnership aims to improve the detection of real fraud events and reduce false positive declines Worldpay and Capital One have joined forces in a new collaboration to optimize payment fraud decisioning and enhance payment security and efficiency with a data sharing agreement. Merchants enrolled in Worldpay’s flagship fraud detection and......

Shift4 Unveils Global Crypto Payment Capabilities

Business Wire
Shift4 becomes the first major payments company to offer a seamless way for merchants to accept crypto around the world Shift4, the global leader in integrated payments and commerce technology, announces Pay with Crypto, becoming the first major payments company to allow businesses worldwide to accept cryptocurrency with the click......

Unit21’s State of Fraud and AML Report Finds Scams Continue to Strike, While Real-Time Monitoring Shows Real Potential

Business Wire
Unit21, a global risk and compliance leader that proactively mitigates risks tied to fraud, money laundering, and other financial crimes, announced the findings of its third annual State of Fraud and AML report at Money2020. “The burden on fraud and AML teams across FIs and fintechs is well known, but what......

PublicSquare Formally Launches Payments Platform

Business Wire
Implements Strategic Plan to Streamline Organization Closes $5.35 Million Equity Investment PSQ Holdings, Inc. today reported the formal launch of its payments platform, the implementation of a strategic plan to streamline the organization, and the announcement of a private investment in public equity transaction (“PIPE”) of $5.35 million to help......

Marqeta Announces Marqeta Flex, An Industry-Leading, Buy Now, Pay Later Solution That Can Be Embedded Into Payment Apps

Business Wire
Marqeta Flex is being developed with payments platform Branch and payment providers Klarna and Affirm, enabling real time and customized BNPL options for consumers. Marqeta (NASDA, the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today unveiled its Marqeta Flex solution at Money 2020,......
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