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.

X9 Seeks Participants for New Research into Bank-held Crypto Asset Risks

Business Wire
The Accredited Standards Committee X9 Inc. announced that it is launching a research effort into the risks associated with crypto assets held by financial institutions. The initiative will develop a Technical Report that will be titled TR 60: Risk Assessment Framework for Bank Provided Crypto-Asset Custodial Accounts. The group seeks participants from......

Only 2% of Americans Can Identify Financial Solutions With Tax Advantages, Despite One-Third Wanting to Prioritize These Investments

Business Wire
Company shares five tax-efficient strategies to consider as part of a holistic financial plan As consumers focus on filing their taxes and spending those returns, a new study reveals a need for increased awareness around tax-efficient financial strategies. Lincoln Financial Group’s Consumer Sentiment Tracker reports that only 2% of Americans can correctly......

Silvergate Capital Corporation Announces Intent to Wind Down Operations and Voluntarily Liquidate Silvergate Bank

Business Wire
Company Considering How to Best Preserve Residual Value of its Assets Silvergate Capital Corporation, the holding company for Silvergate Bank, announced its intent to wind down operations and voluntarily liquidate the Bank in an orderly manner and in accordance with applicable regulatory processes. In light of recent industry and regulatory......

ACI Worldwide Partners with Philippines’ Security Bank to Transform the Bank’s Real-Time Payments Platform

Business Wire
Security Bank utilizes ACI’s Enterprise Payments Platform to modernize payments infrastructure, bringing “Better Banking” promise to life ACI Worldwide, a leading global provider of real-time payments and digital payment software solutions, and Security Bank Corporation (Security Bank), a leading universal bank in Philippines, announced that the bank has chosen ACI Worldwide’s......

Prove Identity Partners with Bitstamp USA to Further Strengthen Security and Compliance

Business Wire
Prove’s solutions will further bolster Bitstamp USA’s identity verification and KYC controls Prove Identity, Inc. (“Prove”), the leader in digital identity, announced a partnership with Bitstamp, the world’s longest-running cryptocurrency exchange, to further strengthen its security and compliance controls while also expediting its user onboarding process. “Our mission is to......

Socure Secures $95 Million Credit Facility with J.P. Morgan, Silicon Valley Bank and KeyBanc Capital Markets

Business Wire
Socure, the leading provider of digital identity verification and fraud solutions, announced it has entered into a $95 million, three-year credit facility with J.P. Morgan, Silicon Valley Bank, and KeyBanc Capital Markets. This line of credit will further strengthen the company’s financial position as it continues on its mission to be the......

Mashreq and i2c Join Forces to Enable Digital Payments Innovation in the UAE

Business Wire
Regional banking leader joins up with global issuer processor to accelerate region’s fintech growth i2c Inc. has announced a partnership with Mashreq, a leading financial institution in the UAE, to offer digital payment solutions to the region’s growing fintech industry. “UAE has seen significant growth and opportunity within the fintech space, making......

Indelve Partners with Mysten Labs to Launch Blockchain-Based Game Trantorian

Business Wire
Space-Themed, MMO Game to Leverage Sui Layer 1 Blockchain’s Gaming-Oriented Technology to Help Onboard Next Billion Users to Web3 Mysten Labs, a web3 infrastructure company and initial developer of the Sui, a Layer 1 blockchain, announced that it has entered into a strategic partnership with Indelve Inc., a blockchain video......

HMBradley Partners with Thought Machine to Usher in the Future of Banking

Business Wire
HMBradley’s partnerships with New York Community Bank and Thought Machine provide the ability to scale to meet consumer demand and offer more innovative products faster than ever before HM Bradley, Inc, a financial technology platform built to reward savers, announced a strategic partnership with Thought Machine, a leading provider of banking......

Sagent Appoints Industry Vet and Mortgage Servicing Ops Master Perry Hilzendeger as EVP of Servicing

Business Wire
Exec who helped build and run Wells Fargo’s near $1 trillion servicing portfolio brings ops expertise to accelerate Sagent’s modernization of servicing software Sagent, a Warburg Pincus-backed fintech software company modernizing mortgage servicing for banks and lenders, appointed former Wells Fargo and Homepoint Financial top servicing executive Perry Hilzendeger as......
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