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.

Opto Launches New Planner Tool to Visualize and Build Personalized Private Markets Allocations

Business Wire
by Business Wire0
Latest addition to Opto’s end-to-end private markets platform helps advisors illustrate the role of private markets investments in advancing long-term goals for their clients Opto Investments (“Opto”), a comprehensive, technology-led solution to simplify private markets investing and servicing for independent investment advisors and family offices, today announced the launch of its......

Nubank Announces Investment in Tyme Group, a Digital Bank With Operations in South Africa and the Philippines

Business Wire
by Business Wire0
Nubank leads series D funding round with US$ 150M investment; Tyme operates in South Africa and the Philippines with 15 million customers Nubank, one of the world’s largest digital financial services platforms, announces today an investment of US$150 million in Tyme Group as the lead of their series D funding round.......

Experian’s 2024 Global Identity & Fraud Report Spotlights Huge Growth in Highly Personalized GenAI-Driven Fraud Attacks

Business Wire
by Business Wire0
Businesses Must Employ a Multi-Layered Approach to Fight GenAI Fraud Experian announced its 2024 Global Identity & Fraud Report that provides a comprehensive view of the consumer and business response to the latest fraud patterns and fraud‑mitigation strategies in the worldwide financial services sector. The report offers combined insights from more than 1,000......

SecurityScorecard Threat Intel Report: 97% of Leading U.S. Banks Impacted by Third-Party Data Breaches in 2024

Business Wire
by Business Wire0
New report highlights growing risks in banking supply chains amid increasing third-party reliance SecurityScorecard today released an in-depth analysis revealing that 97% of the top 100 U.S. banks experienced a third-party data breach in the past year, exposing significant vulnerabilities in banking supply chains. As banks increasingly rely on third-party vendors......

XTM Announces Proposed $10 Million Investment by Pateno Payments

Business Wire
by Business Wire0
XTM Inc, a fintech company specializing in innovative payment solutions including Earned Wage Access (EWA) through its AnyDay™ platform, announced the execution on December 11, 2024 of an arms-length, non-binding Letter of Intent with Pateno Payments Inc. (“Pateno”) for the acquisition by Pateno of 51% of the equity of the......

Jiko Secures $29 Million in Series C Funding, Strengthens Its Board and Advisory Committee

Business Wire
by Business Wire0
Committed to powering the world’s liquidity with its unique T-bill platform, Jiko announces new additions to its corporate board and unveils the formation of its distinguished advisory committee. Jiko, the technology platform and bank that provides seamless access to U.S. Treasury bills, announced today the completion of a $29 million......

intelliflo redblack Delivers 110+ Customer-Driven Rebalancing and Trading Product Enhancements to Improve Advisor Efficiencies and Client Outcomes

Business Wire
by Business Wire0
intelliflo, the global cloud-based technology solution for financial advisors, today announced that it has delivered more than 110 enhancements in the past year to intelliflo redblack, the company’s award-winning rebalancing and trading solution. Approximately 75% of these enhancements stemmed directly from customer feedback, highlighting intelliflo’s commitment to shaping its technology in......

Mesh Payments Teams Up with SoFi Bank and Galileo to Drive Innovation In Travel and Expense Management

Business Wire
by Business Wire0
SoFi Bank’s relationship with Galileo strengthens Mesh Payments’ drive to reduce inefficiencies and accelerate the development of new products This partnership integrates Mesh Payments’ next-generation expense and card infrastructure with SoFi Bank’s scalable financial framework and Galileo’s modern, customizable API-based payments processing platform. By uniting these capabilities within a single......

Nearly 8 in 10 Financial Services Firms View AI as Critical to Industry’s Success, Finds New Report from Smarsh

Business Wire
by Business Wire0
Recent Smarsh compliance industry survey reveals a thoughtful approach to AI adoption, with AI governance and risk management use cases topping financial firms’ priorities for 2025 Today, Smarsh, the global leader in communications data and intelligence, published the results of its 2025 Communications Compliance Survey, revealing financial services firms’ top......

Pega Accelerates Resolution of Payment Exceptions and Investigations with New Edition of Pega Smart Investigate

Business Wire
by Business Wire0
Expanded AI-powered automation helps banks resolve payment exceptions faster while reducing operational costs Pegasystems Inc., The Enterprise Transformation Company™, today announced a new edition of Pega Smart Investigate™, including expanded automation and generative AI capabilities to help banks process payment exceptions and investigations faster and more efficiently. With a dramatically......
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