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.

Texas Trust Credit Union Reaches $2 Billion Milestone, Doubling in Size Since 2016

Business Wire
by Business Wire0
Texas Trust Credit Union is now a $2 billion institution, putting it among the top 225 credit unions in the nation based on asset size. 2022 was another banner year for @TexasTrustCU. The credit union hit the $2 billion asset milestone making it the 222nd largest credit union in the nation.......

Momnt Names Mark Satisky as Chief Financial Officer

Business Wire
by Business Wire0
Momnt, a financial technology company that powers real-time lending and payment solutions for businesses at the point of need, has named Mark Satisky as the Chief Financial Officer, effective immediately. Satisky is a seasoned executive with experience leading high-growth technology organizations, most recently serving as the CFO of Stord, the......

Fiserv and Central Payments Deliver Modern Issuing Capabilities to Fintechs and Financial Institutions

Business Wire
by Business Wire0
Strategic relationship advances embedded finance capabilities that help brands create innovative debit programs in step with the realities of people’s lives Fiserv, Inc., a leading global provider of payments and financial services technology solutions, and Central Payments L.L.C., a banking-as-a-service (BaaS) provider, are enabling fintechs, enterprise businesses and payment facilitators to......

Array Partners with FICO to Address Growing Demand for Embedded Finance Products

Business Wire
by Business Wire0
Agreement brings FICO Scores to industry-leading private-label credit, identity and privacy management platform Fintech Meetup–Array, a leading financial innovation platform, announced a multi-year agreement with leading analytics software firm FICO that will provide FICO Scores and credit data to the millions of consumers that use Array’s product platform. “There are tens of thousands of banks,......

Western Union Money Transfers Now Available on MoMo App

Business Wire
by Business Wire0
Over 31 million MoMo customers can now receive Western Union money transfers through the MoMo App Western Union and MoMo announced a strategic collaboration enabling customers to receive Western Union money transfers on the MoMo app. It is the first time a money transfer operator’s services have become available on a leading......

TTV Capital Closes Fund VI at $250 Million to Invest in Early-Stage Fintech Companies

Business Wire
by Business Wire0
Largest fund in the firm’s twenty-three year history will include core and exploratory investments in payments, banking, embedded finance, and more TTV Capital, an early-stage fintech venture capital firm, announced that it has closed its sixth fund at $250 million, the largest since the firm was founded over two decades......

Mastercard Strengthens Customer Security With New AI ‘Cyber Shield’

Business Wire
by Business Wire0
Acquisition of Baffin Bay Networks enhances multi-layered protection against cyber risk Mastercard acquired cloud-based cybersecurity company Baffin Bay Networks to better help businesses deal with the increasingly challenging nature of cyber-attacks. “Our cloud-based Threat Protection service provides a simple and effective way to safeguard against application and network-level attacks” Baffin Bay......

WeWork Announces Comprehensive Agreement To Significantly Deleverage Capital Structure and Bolster Liquidity

Business Wire
by Business Wire0
Results in total funding and capital commitments of over $1.0 billion to support WeWork’s business plan for continued growth WeWork Inc., the leading global flexible space provider, announced that it has entered into a series of agreements with an ad hoc group representing over 60% of the company’s public bonds,......

Northern Trust to Provide Custody and Benefit Payments to South Shore Regional Centre for Education

Business Wire
by Business Wire0
Northern Trust has been selected by South Shore Regional Centre for Education (SSRCE) and Tri-County Regional Centre for Education (TCRCE), to provide custody and benefit payment services for their CUPE (Canadian Union of Public Employees) Staff and Support Staff defined benefit pension plans. “Northern Trust has a long and great......

Fisker Confirms Banking Relationship With JPMorgan Chase NA

Business Wire
by Business Wire0
Fisker Inc., driven by a mission to create the world’s most emotional and sustainable electric vehicles, confirms its global banking and treasury management relationship with JPMorgan Chase NA. “Amid turmoil in the banking sector, Fisker’s relationship with JPMorgan Chase provides us with strategic financial strength as we launch our first......
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