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.

Neo Financial Launches New Hybrid Neo Money card as a Debit Card Alternative

Business Wire
by Business Wire0
Expanding beyond credit, Neo now offers the benefits of a chequing account, high interest savings account, and premium rewards card for no annual fee Neo Financial (Neo) is announcing the launch of the Neo Money card, expanding on the benefits of the high-interest Neo Money account with credit-like rewards when......

MoneyLion Gives People the Chance to Turn Play Money Into Real Money With Scavenger Hunt in NYC

Business Wire
by Business Wire0
Brand kicks off FinLit month with gamified guerilla marketing activation in NYC starting April 1st, giving consumers the chance to unlock useful money hacks and win up to $1,000 in cash April is Financial Literacy Month and MoneyLion Inc., the go-to money app powered by next generation personalized financial content......

MetricStream and Kinetix Partnership Enables Customers to Automatically Identify Regulatory Obligations and Accelerate Regulatory Change Compliance

Business Wire
by Business Wire0
MetricStream, the global market leader in integrated risk management (IRM) and governance, risk, and compliance (GRC), announced its partnership with Kinetix, a financial technology company specializing in AI-powered technology solutions for banking and capital markets. This new partnership will provide compliance teams with automated, AI-powered identification, extraction, and review of regulatory......

Torch Capital Announces Over $200 Million In New Funding To Continue Investing in Consumer Technology Companies

Business Wire
by Business Wire0
Led by veteran entrepreneur and investor Jonathan Keidan, NYC-based Torch Capital surpasses $400M in AUM to support founders from seed through early-growth Torch Capital, the NYC-based early-stage VC fund, announced the closing of over $200M in new capital to continue investing in the next generation of disruptive tech-enabled brands and......

World’s Major Economies Playing Catch-Up as Widespread Adoption Drives Global Real-Time Payments Growth

Business Wire
by Business Wire0
New sophisticated use cases for consumers and businesses are driving global RTP volumes to record highs, with 195.0B RTP transactions recorded globally in 2022 — a YoY growth of 63.2% — according to the 2023 Prime Time for Real-Time report, published by ACI Worldwide, a global leader in mission-critical, real-time payments software, in......

Tribal Credit Launches Private Beta of Cash Copilot: A GPT-Powered Open Banking Solution for Emerging Market SMEs

Business Wire
by Business Wire0
Tribal Credit, a leading fintech company that provides financing, payment, and expense management solutions to small and medium-sized enterprises (SMEs) in emerging markets, announced the launch of the private beta of Cash Copilot, a new service that utilizes GPT technology and open banking data to help business owners, CFOs, and......

Identity Fraud Cost Nearly Half a Million US Dollars to Every Third Bank Last Year, Says Regula Global Survey

Business Wire
by Business Wire0
Regula, a global developer of forensic devices and identity verification (IDV) solutions, has released the findings of the second phase of their survey, which explores the business impact of investing in IDV. The results indicate a significant gap in the cost of identity fraud between Banking and FinTech organizations around......

ServisFirst Bank Correspondent Banking Division Announces Expansion into Texas

Business Wire
by Business Wire0
ServisFirst Bank, a subsidiary of ServisFirst Bancshares, announces the expansion of the Correspondent Banking Division into Texas. Founded in 2011, ServisFirst Bank’s Correspondent Banking Division currently operates in 27 states for 344 correspondent bank customers. Veteran banker, Don Dickerson will serve as Senior Vice President, Correspondent Banking for the Texas......

Citi Brings New Lending Opportunities to Sweden with Launch of Citi Securities Lending Access

Business Wire
by Business Wire0
Citi Securities Services announced Nordnet AB (Nordnet), the leading pan-Nordic digital platform for savings and investments, as the first Swedish client to start lending through its innovative Citi Securities Lending Access platform. The solution will enable Nordnet to expand its already successful securities lending programme to new markets and new client segments. “We......
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