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.

Republic Bank Completes Acquisition of CBank

Business Wire
Republic Bancorp, Inc., the parent company of Republic Bank & Trust Company, is pleased to announce the Bank has completed its previously announced merger with CBank and CBank’s wholly owned subsidiary, Commercial Industrial Finance, Inc. (“CIF”), for approximately $51 million in cash. “In addition, the acquisition of CIF greatly expands......

ThetaRay Reports Upswing in Demand for Cross-Border Transaction Monitoring Amid Banking Crisis

Business Wire
Financial instability is driving a large movement of funds by companies diversifying investments across institutions and countries, requiring fast and efficient money transfer services ThetaRay, a provider of AI-powered transaction monitoring technology enabling banks and fintechs trusted global payments, announced it is experiencing heightened demand for its sophisticated SONAR SaaS......

First Internet Bank Offers Access to Multi-Million Dollar FDIC Deposit Insurance Coverage

Business Wire
First Internet Bank announced it has renewed its participation in the IntraFi deposit network to offer ICS and CDARS. The program allows First Internet Bank customers to enjoy the safety and simplicity that comes with access to FDIC insurance protection at IntraFi network banks on deposits in an aggregate amount......

Dynamic Yield Launches Element, Bringing the Power of Mastercard to Personalization

Business Wire
Mastercard’s proprietary prediction models and aggregated consumer spend insights activate new ways for customers to enhance personalization across digital channels as part of the company’s Experience OS Dynamic Yield, a Mastercard company, unveiled Element, an exclusive suite of Mastercard applications and extensions integrated into Dynamic Yield’s Experience OS. As consumer demand......

Morgan Stanley Wealth Management Announces Key Milestone in Innovation Journey with OpenAI

Business Wire
Wealth Management division developing internal-facing service that leverages OpenAI technology and Morgan Stanley’s vast intellectual capital to deliver relevant content and insights into the hands of Financial Advisors in seconds, helping drive efficiency and scale Morgan Stanley Wealth Management (MSWM) announced an important milestone in its innovation journey through the......

Driving Digital Payment in Africa: Zemen Bank and Netcetera Join Forces

Business Wire
Zemen Bank, a commercial bank based in Addis Ababa, wanted to offer easy online payments to its customers without compromising on security. The bank is known for its service excellence, innovation and pioneering new products and adopting new services. They wanted to engage with Netcetera, an experienced digital player with......

Comvest Credit Partners Announces Investment in Cardiovascular Logistics

Business Wire
Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it has acted as Joint Lead Arranger on a senior secured credit facility for Cardiovascular Logistics, a new national cardiovascular services platform. The Financing supported the formation of the Company by......

ProcessMaker Partners with IMM to Increase Digital Banking Efficiency

Business Wire
Fintech provider integrates eSignature technology to ease and streamline account application process IMM, the only eSignature provider that specializes in eSignature and digital transaction solutions exclusively for financial institutions, and ProcessMaker, a leading Business Process Automation (BPA) company and workflow software solution provider based in Durham, N.C., announced a strategic partnership......

Fiserv Announces Executive Leadership Changes

Business Wire
Fiserv, Inc., a leading global provider of payments and financial services technology solutions, announced executive leadership changes that will further advance the company’s growth strategy. Jennifer Manchester, formerly Co-General Counsel, has been named Chief Human Resources Officer, Katia Karpova, formerly Chief Financial Officer for EMEA, has been named Head of......

ACI Worldwide To Partner With RedAbierta To Power Real-Time Payments in Honduras

Business Wire
Tech integrator RedAbierta to leverage ACI Enterprise Payments Platform and ACI Low-Value Real-Time Payments to launch Honduras’ real-time payments scheme ACI Worldwide, the global leader in mission-critical, real-time payments software, announced a partnership with financial technology company RedAbierta to power real-time payments in Honduras. RedAbierta, the central infrastructure provider in Honduras, will leverage......
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