Category: Business

Business News from around the world.

SmartMetric Welcomes Latest Research Report That Forecasts 579 Million Biometric Payment Cards In Use By 2023

NEW YORK–(BUSINESS WIRE)–#ameritrade–SmartMetric, Inc. (OTCQB: SMME) – Research firm Goode Intelligence * predicts that there will be over 2.6 billion biometric payment users by 2023. Goode Intelligence, said the use of biometrics is being driven by a number of factors including: Desire for frictionless authentication while paying in all channels The need to reduce payment fraud Industry …

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ConsortiaTX Awarded Exclusive License for Food Allergy Microbial Therapy

Bio-therapeutics startup focused on developing therapies for food allergies BOSTON & SAN DIEGO–(BUSINESS WIRE)–#Boston—ConsortiaTX, Inc., a bio-therapeutics startup developing and commercializing microbial therapies to prevent and treat human disease and allergies, has signed an agreement with Brigham and Women’s Hospital (BWH) and Boston Children’s Hospital for an exclusive, worldwide license for foundational intellectual property related …

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First Data Polska Deploys Inside Secure’s Mobile Payment Technology To Securely and Easily Connect to Mastercard and Visa

AIX-EN-PROVENCE, France–(BUSINESS WIRE)–#banks–Regulatory News: Inside Secure (Paris:INSD) (Euronext Paris: INSD), at the heart of security solutions for mobile and connected devices, today announced that First Data Polska S.A., a division of the global leader in commerce-enabling technology, selected Inside Secure technology to enable secure and flexible connections to Mastercard and Visa. First Data Polska S.A. chose …

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Eastside Health Network and Premera Collaborate with Microsoft on New Health Plan

The Health Connect Plan will be available for Microsoft employees in King and Snohomish Counties BELLEVUE & KIRKLAND, Wash.–(BUSINESS WIRE)–An industry-leading collaboration among Microsoft (NASDAQ:MSFT), Eastside Health Network (EHN) and Premera Blue Cross will provide a new custom health plan option for King and Snohomish County-based Microsoft employees beginning 2019. The new option called The …

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Virtusa and Moxtra Establish Global Alliance to Help Financial Institutions Redefine Their Client Engagement

SOUTHBOROUGH, Mass.–(BUSINESS WIRE)–Virtusa Corporation (NASDAQ GS:VRTU), a global provider of digital strategy, digital engineering, and IT outsourcing services that accelerates business outcomes for its clients, and Moxtra, a leader in providing private, secure collaboration software services that help its clients fast-track high-value financial transactions, today announced that they have entered in to a collaboration to …

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MetLife Foundation and Verb Announce Winner of Financial Innovation Competition

Onward Financial Receives $100,000 Grant to Expand Full-Service Employee Financial Wellness Program NEW YORK–(BUSINESS WIRE)–$MET #financialhealth–MetLife Foundation and Verb announced Onward Financial as the first place winner of the Inclusion Plus competition in the United States. The competition was open to entrepreneurs, non-profits and other social impact organizations focused on addressing the financial health needs …

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Oak Street Health and Humana Team Up To Expand Access to Value-Based Care in Indiana With New Indianapolis Center

Location Serves Humana Medicare Advantage members INDIANAPOLIS–(BUSINESS WIRE)–Oak Street Health, a network of health centers providing primary care for Medicare patients, and leading health and well-being company Humana Inc. (NYSE: HUM) are expanding the availability of coordinated, patient-centered care in Indiana. Through a value-based care network agreement, Oak Street Health’s newest Indianapolis-area location serves Humana …

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Stellex Capital Management Completes Acquisition of Custom Glass Solutions

NEW YORK & LONDON–(BUSINESS WIRE)–#Automotive–Custom Glass Solutions, LLC (“CGS” or the “Company”) was acquired today by affiliates of Stellex Capital Management (“Stellex”), a middle market private equity firm with offices in New York and London. The financial terms of the transaction were not disclosed. Based in central Ohio, CGS is a leading manufacturer of large-format …

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Workers Credit Union Implements Gro Solutions to Supercharge Mobile Account Onboarding and Expand Digital Access for Members

ATLANTA–(BUSINESS WIRE)–#accountopening—Gro Solutions, a leading provider of digital growth solutions for banks and credit unions, announced Fitchburg, Mass.-based Workers Credit Union ($1.7 billion in assets) has selected Gro to power its mobile account openings and create a faster, more streamlined experience for both current and potential members alike. Workers Credit Union found Gro’s innovative solutions …

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Western Union Advances Consumer Bill Pay Cross Border

Western Union integrates Cross Border functionalities with Paykii and TransferTo DENVER–(BUSINESS WIRE)–#billpay—The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement today advanced its bill payment services cross-border, enabling consumers in the United States to pay bills and reload mobile phone services in Mexico. A collaboration with global processors Paykii and …

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Presidio Bank Reports Financial Results for the Third Quarter of 2018

SAN FRANCISCO–(BUSINESS WIRE)–#earnings–Presidio Bank (OTCBB: PDOB), a Bay Area business bank, today reported unaudited results for the third quarter ended September 30, 2018 with Net Income of $3.5 million, up $664 thousand (24%) from the second quarter of 2018 and up $1.4 million (68%) from the third quarter of 2017. Diluted Earnings per Share were …

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YellowPepper Announces Expansion to Brazil

Brazil Market Ripe with Opportunity for Digital Finance Transformation MIAMI–(BUSINESS WIRE)–YellowPepper, Latin America’s leading digital finance provider, today announced their expansion into Brazil. Its digital finance platform already powers 565M digital transactions annually with 52 clients in six countries, YellowPepper has become an indispensable financial services partner to Latin American institutions. “We have been the …

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CLA Selects Expensify to Serve Client Expense Reporting Needs

CLA, a top 10 U.S. accounting firm, has chosen Expensify to bring realtime expense reporting to thousands of clients nationwide. SAN FRANCISCO–(BUSINESS WIRE)–#CLAconnect–Expensify, the trusted expense management solution of 35% of the top 100 U.S. accounting firms, announced today that CLA has selected the app to serve the receipt tracking and expense reporting needs of …

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SCF Ventures Announces Growth Investment in Ruths.ai

SCF Ventures leads an investment round of growth equity into Ruths.ai, a software suite enabling analytics and data science across the oil and gas value chain. HOUSTON–(BUSINESS WIRE)–SCF Ventures is proud to announce a growth equity investment in Ruths Analytics and Innovation (“Ruths.ai”). In an effort to increase service efficiency and well productivity, oil and …

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Second Sight Completes $4 million Private Placement of Common Stock with Gregg Williams, Chairman of the Board of Directors

LOS ANGELES–(BUSINESS WIRE)–Second Sight Medical Products, Inc. (NASDAQ: EYES) (“Second Sight” or “the Company”), a developer, manufacturer and marketer of implantable visual prosthetics that are intended to create an artificial form of useful vision to blind individuals, today announced that it has entered into a stock purchase agreement effective October 18, 2018 with entities beneficially …

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CORRECTING and REPLACING ACI Worldwide Delivers Rapid Tech Transformation for Utkarsh Small Finance Bank in India

Utkarsh Small Finance Bank (USFB) is the first Indian bank hosted by AGS Transact Technologies to go live with the next generation of ACI’s UP Retail Payments solution NAPLES, Fla.–(BUSINESS WIRE)–#banking–The dateline of the release should read: NAPLES, Fla. (instead of NAPLES, Fla. & MUMBAI, India). The corrected release reads: ACI WORLDWIDE DELIVERS RAPID TECH TRANSFORMATION …

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Vertex Announces Partnership and Integration with Intershop Commerce Suite

Relationship will enable end-to-end tax functionality for Intershop’s e-commerce customers KING OF PRUSSIA, Pa.–(BUSINESS WIRE)–Vertex, Inc., a leading provider of tax technology and services, announced the integration of its indirect tax solutions to the Intershop Commerce Suite. As an Intershop tax technology partner, Vertex supports accurate, automated sales tax calculations and signature-ready returns, both on …

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HATCX Selects InstaMed to Power the Consumer Healthcare Payments Experience

Blue Cross and Blue Shield of Nebraska will be the first health plan to leverage the HATCX and InstaMed integration PHILADELPHIA & NEWPORT BEACH, Calif.–(BUSINESS WIRE)–InstaMed, healthcare’s most trusted payments network, announced today that HATCX selected InstaMed to power the consumer healthcare payments experience. InstaMed’s Member Payments solution will enable HATCX to embed payment functionality …

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Apollo Tactical Income Fund Inc. Declares November 2018 Monthly Distribution of $0.107 Per Share

NEW YORK–(BUSINESS WIRE)–(NYSE:AIF) – Apollo Tactical Income Fund Inc. (the “Fund”) today announced the declaration of its distribution for the month of November 2018 of $0.107 per common share, payable on the date noted below. The following dates apply to the declared distribution: Record Date: November 16, 2018Payment Date: November 30, 2018Per Share Amount: $0.107 …

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