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.

Guild Mortgage Announces Executive Management Succession Plan

Business Wire
Ms. Terry Schmidt to be Promoted to Chief Executive Officer Guild Mortgage, a growth-oriented mortgage lending company originating and servicing residential loans since 1960, announced the pending retirement of CEO Mary Ann McGarry, effective June 30, 2023, following a career of almost 40 years, which included leading the company’s growth......

Marqeta Announces Partnership with Stables in Australia to Power Prepaid Card

Business Wire
Marqeta will power the new Stables prepaid card, enabling users to convert stablecoins into fiat and spend wherever Mastercard cards are accepted online and in-store globally Marqeta, the global modern card issuing platform, announced a new partnership with Stables (formerly Tiiik) to power its new Mastercard prepaid card. Based in Sydney,......

Confluence and FundGuard Partner to Streamline Fund Reporting

Business Wire
Confluence’s Unity platform combined with FundGuard’s capabilities will enhance operational efficiency and deliver customers an out-of-box financial reporting experience Confluence Technologies, Inc., a global technology solutions provider helping the investment management industry solve complex investment data challenges, announced a partnership with FundGuard, the cloud native, AI-powered, multi-asset class investment accounting......

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

Business Wire
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
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
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
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
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
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
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......
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