Globe Newswire


IQST – iQSTEL Announces Q1 37% Revenue Increase To $19.42 Million: On Track To $90 Million 2022 Annual Revenue Forecast

New York, NY , May 16, 2022 (GLOBE NEWSWIRE) — iQSTEL, Inc. (OTCQX: IQST) today announced filing its Q1 financial report. The company realized a 37% increase in revenue to $19.42 million in Q1 compared to the same period in 2021.  The company is approaching breakeven posting a substantial bottom line improvement reducing its net […]

Majic Wheels Corp. Official Company Statement Regarding Caveat Emptor

HOUSTON, TEXAS, May 16, 2022 (GLOBE NEWSWIRE) — Wyoming-based holding Company Majic Wheels Corp. (OTC Pink: MJWL) has today issued this Official Company Statement to update its shareholders regarding the Caveat Emptor (CE) that was placed on the $MJWL ticker after trading hours on Friday 13 May, 2022. First, Majic Wheels Corp wishes to confirm […]

Global Fintech Jifiti Welcomes David Chubak, Former Citi Retail Banking CEO, to Board

Chubak will work closely with the Jifiti leadership team to expand their white-labeled POS financing solution for banks and merchants. This move serves as a vote of confidence by a senior banking executive in Jifiti’s unique approach to Buy Now Pay Later, which is to facilitate scalable, responsible and affordable POS financing solutions for regulated […]

Florida Bitcoin & Blockchain Summit Brings Fintech with a Florida Focus to Orlando May 26-27

NEW YORK, May 16, 2022 (GLOBE NEWSWIRE) — via CryptoCurrencyWire — The Florida Bitcoin & Blockchain Summit, the only fintech and blockchain event with a focus on the state of Florida, announces its live, in-person 2022 event May 26-27 at the Hilton Orlando Resort. The event will bring together fintech communities and technology evangelists from […]

MICT’s Merger Target Announces its Q1 2022 Results

NEW YORK, NY and MONTVALE, NJ, May 16, 2022 (GLOBE NEWSWIRE) — On May 10, 2022, MICT, Inc. (NASDAQ: MICT) (“MICT” or “Company”) and Tingo, Inc. (OTC Markets: TMNA) (“Tingo”) announced they had executed a definitive agreement to merge and consolidate their operations (the “Merger”) to create a highly profitable Nasdaq-listed Fintech and Agri-Fintech company serving […]

Crowdz Secures $10M Strategic Investment, Led by Citi and Global Cleantech Capital

The investment will enable Crowdz to expand its ability to bring accessible working capital to small businesses. Crowdz Blockchain Technology Crowdz Blockchain Technology CAMPBELL, Calif., May 16, 2022 (GLOBE NEWSWIRE) — Small and mid-sized enterprise (SME) finance platform Crowdz has secured $10 million in investment, led by Citi and Global Cleantech Capital, with participation from […]

Meriwest Credit Union Recognized as a 2022 Bay Area ‘Best Place to Work’

Meriwest Credit Union recognized as a 2022 ‘Best Place to Work’ by the San Francisco Business Times and the Silicon Valley Business Journal SILICON VALLEY, Calif., May 13, 2022 (GLOBE NEWSWIRE) — Meriwest Credit Union, one of the largest credit unions serving Silicon Valley, has been recognized as a winner in the 2022 Bay Area […]

PickleJar and O’Charleys Announce Lee Brice Memorial Day Celebration

100% of Donations Made via the PickleJar Live App to Benefit The Folded Flag Foundation NASHVILLE, TN, May 12, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — PickleJar, the live entertainment and artist payments app, announces today that it will support Lee Brice’s Memorial Day Celebration, sponsored by O’Charley’s Restaurant + Bar and Coca-Cola, an event that will be aired on radio stations […]

Finovate Announces Additional Details of Next Week’s FinovateSpring 2022 Event

NEW YORK, May 12, 2022 (GLOBE NEWSWIRE) — via NetworkWire — More than 1,100 senior executives from financial institutions around the world are expected to be in attendance at the FinovateSpring 2022 conference on May 18-20 in San Francisco. Finovate’s first in-person, West Coast fintech event since 2019 will feature live product demos from 50-plus […]

Cover Genius Appoints Gloria Basem as Chief People Officer

Experienced HR exec. to support rapid growth as the company more than doubles employee headcount Daniel Chavenson also joins as VP of Strategy and Corporate Development to accelerate strategic business opportunities NEW YORK, May 12, 2022 (GLOBE NEWSWIRE) — Cover Genius, the insurtech for embedded insurance, is pleased to announce the addition of Gloria Basem […]

DFCU Financial Announces Transaction With First Citrus Bank in Tampa, Florida

DEARBORN, Mich. & TAMPA, Fla., May 12, 2022 (GLOBE NEWSWIRE) — The Boards of Directors of DFCU Financial (“DFCU”) and First Citrus Bancorporation, Inc. (OTCPK: FCIT), the holding company for First Citrus Bank (collectively “FCB”), today announced the execution of a definitive agreement by which FCB will merge with DFCU in an all-cash transaction. Subject […]

Shield Partners with Intelligent Voice to Enhance Voice Surveillance Capabilities

With voice-based communication critical to remote work, Shield strengthens its ability to eliminate siloed electronic communication compliance through leading speech-to-text technology TEL AVIV, Israel, May 12, 2022 (GLOBE NEWSWIRE) — Shield (the Company), the world’s leading Workplace Intelligence platform for compliance teams, today announced it will be boosting its voice surveillance capabilities through a partnership […]

Clarus R+D Tax Credit Platform Unlocks Billions in New Tax Credits

Sophisticated Software Forever Alters the Way R&D Credits Are Claimed COLUMBUS, Ohio, May 12, 2022 (GLOBE NEWSWIRE) — The newest version of the Clarus R+D Tax Credit Platform has been released globally. Clarus R+D (https://clarusrd.com/), a fintech software company focused on accelerating the funding of innovation through technology, is announcing its game-changing platform to help […]

United Kingdom Prepaid Card and Digital Wallet Markets and Investment Opportunities Report 2022: Market is Expected to Increase from $43.91 Billion in 2022 to Reach $65.54 Billion by 2026

Dublin, May 12, 2022 (GLOBE NEWSWIRE) — The “United Kingdom Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend” report has been added to ResearchAndMarkets.com’s offering. The prepaid card market (value terms) in the United Kingdom increased at a CAGR of 8.7% during […]

Italy Prepaid Card and Digital Wallet Markets and Investment Opportunities Report 2022: Market is Forecast to Expand by Over $30 Billion by 2026

Dublin, May 12, 2022 (GLOBE NEWSWIRE) — The “Italy Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend” report has been added to ResearchAndMarkets.com’s offering. The prepaid card market (value terms) in Italy increased at a CAGR of 9.5% during 2017-2021. Over the […]

Sweden Prepaid Card and Digital Wallet Markets and Investment Opportunities Report 2022: Market is Forecast to Reach $7.86 Billion by 2026, from $5.36 Billion in 2022

Dublin, May 12, 2022 (GLOBE NEWSWIRE) — The “Sweden Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend” report has been added to ResearchAndMarkets.com’s offering. The prepaid card market (value terms) in Sweden increased at a CAGR of 9.5% during 2017-2021. Over the […]

IDEX Biometrics partners with Verisoft to accelerate biometric smart card adoption

Oslo, Norway – 12 May 2022 – IDEX Biometrics ASA announces collaboration with payment software provider Verisoft A.S. for commercialization of biometric payment solutions in EMEA and globally. Verisoft delivers end-to-end smart card issuance solutions, ranging from personalization software, digital payment solutions, card management and loyalty systems across 32 markets, and has delivered EMV solutions to […]

IDEX Biometrics ASA Releases Interim Report for the First Quarter of 2022

Oslo, Norway – 12 May 2022- IDEX Biometrics ASA, a leading provider of advanced fingerprint authentication solutions for payment cards and adjacent applications, today released financial results for the first quarter ending March 31, 2022. A webcast presentation will be held by Vince Graziani, Chief Executive Officer, at 09:00 CET. The webcast presentation can be […]

Heritage Commerce Corp Announces Completion of Subordinated Notes Offering

SAN JOSE, Calif., May 11, 2022 (GLOBE NEWSWIRE) — Heritage Commerce Corp (NASDAQ: HTBK) the holding company (the “Company”), for Heritage Bank of Commerce, announced today the completion of its private placement offering of $40 million of the Company’s 5.0% Fixed-To-Floating Rate Subordinated Notes due 2032 (the “Notes”). The Company intends to use the net […]

IQST – iQSTEL On Track To $90M In 2022 Revenue And Up-Listing To Nasdaq

New York, NY, May 11, 2022 (GLOBE NEWSWIRE) — iQSTEL, Inc. (OTCQX: IQST) today published a shareholder update from CEO Leandro Iglesias. The update highlights the company’s cash reserve that is insulating it from the prevailing bear market providing iQSTEL with the necessary resource it needs to continue on its path to achieving its $90 […]

Bancor 3, The Ultimate DeFi Liquidity Solution, Goes Lives With Launch Partners Polygon, Synthetix, Brave, Flexa, Yearn, Nexus Mutual & 30+ DAOs

Bancor‘s new Single-Sided, Impermanent Loss-Protected Liquidity Solution is set to unleash a wave of on-chain liquidity by making DeFi staking dead simple for DAOs and their token holders ZUG, Switzerland, May 11, 2022 (GLOBE NEWSWIRE) — Bancor (BNT), the inventor of DeFi and liquidity pools, has announced its new protocol version, Bancor 3, is now […]

Ortec Finance Expands Global Presence With Appointment of Kristin Harrington

Kristin Harrington, Managing Director, United States at Ortec Finance Kristin Harrington, Managing Director, United States at Ortec Finance SAN FRANCISCO, May 11, 2022 (GLOBE NEWSWIRE) — Ortec Finance, a global fintech company specialized in offering solutions and services for institutional investors to improve their investment decision-making, is pleased to announce the expansion of its global […]

Modaxo Expands Investment in Mobile Ticketing with Acquisition of Corethree

TORONTO, May 11, 2022 (GLOBE NEWSWIRE) — Modaxo Inc. (“Modaxo”), a global technology organization focused on moving the world’s people, today announced that it has expanded its investment in mobile ticketing and customer engagement technology through the acquisition of Corethree. Based in Watford, UK, Corethree has been a leading provider of mobile ticketing technology to […]

nCino to Convene Financial Services Industry at Annual User Conference nSight 2022

Cloud banking leader hosts tenth annual user conference to showcase best practices in building the financial services industry of tomorrow WILMINGTON, N.C., May 11, 2022 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, will host its tenth annual nSight user conference […]

Update: CryptoConcerts Inc. Creates Crypto-Ready Event Ticketing & NFTs

Launching later this year, the new Profitable Developments Inc. subsidiary will provide ticketing services for XR and IRL events of all kinds, allowing for crypto payments, NFT integrations and 360 streaming; Roadmap includes an IEO, a DAO and simultaneous in-person/metaverse event streaming solutions Los Angeles, CA, May 10, 2022 (GLOBE NEWSWIRE) — Profitable Developments Inc. […]

AppTech Payments Reports First Quarter 2022 Results

CARLSBAD, Calif., May 10, 2022 (GLOBE NEWSWIRE) — AppTech Payments Corp. (“AppTech”) (NASDAQ: APCX), a Fintech company powering commerce experiences, today announced results for its First Quarter ended March 31, 2022. The financial statements and 10-Q are available on sec.gov. First Quarter 2022 Financial Highlights 1Q22 revenue was approximately $104 thousand, a 3% increase versus […]

Net 1 Reports Third Quarter 2022 Results

JOHANNESBURG, South Africa, May 10, 2022 (GLOBE NEWSWIRE) — Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS; JSE: NT1) today released results for the third fiscal quarter ended March 31, 2022. Highlights: Revenue increased to $35.2 million, up 27% in rand terms and 22% in dollar terms, underpinned by stronger merchant revenue; After normalizing for $5.9 […]

Flywire Reports First Quarter 2022 Financial Results

First Quarter Revenue Increased 43% Year-over-Year First Quarter Revenue Less Ancillary Services Increased 47% Year-over-Year First Quarter Total Payment Volume Increased 46% Year-over-Year BOSTON, May 10, 2022 (GLOBE NEWSWIRE) —  Flywire Corporation (Nasdaq: FLYW) (the “Company”) a global payments enablement and software company, today reported financial results for its first quarter ended March 31, 2022. […]

Sidetrade: Double-digit growth in revenue to 12% for Q1 2022

First Quarter Revenue for 2022 Record-breaking new bookings surge in Q1 2022 Growth of +132% 81% of bookings were international, with 62% from the United States Increase in Order-to-Cash SaaS revenue to +21%Double-digit growth in revenue to 12%Sidetrade recognized as one of three Leaders in the first Gartner® Magic Quadrant™ for Integrated Invoice-to-Cash Applications Sidetrade […]

CryptoBucks Honored With 2022 ETA Transact Star Award

Payment processing app recognized for Technology Innovation at TRANSACT ETA Transact Star Award ETA Transact Star Award LAS VEGAS, May 10, 2022 (GLOBE NEWSWIRE) — The CryptoBucks App received the 2022 ETA Star Award for Technology Innovation at TRANSACT, the Electronic Transfer Association’s annual conference and award ceremony, in Las Vegas on April 12. The […]

Rillion Launches in United States as it Rebrands from Palette Software, a Leading Accounts Payable Automation Provider in the Nordics

Rillion, formerly known as Palette Software, will bring its nearly 30 years of experience to the U.S. market to provide a cloud-based solution aimed at simplifying and automating invoice management and accounts payable processes CHICAGO, May 10, 2022 (GLOBE NEWSWIRE) — Global SaaS solutions provider Rillion announced today its launch in the United States. Formerly […]

GBT Further Strengthening Its 3D, Multiplanar IC Architecture Patent via Its Continuation Application

Responding to USPTO office action, GBT aims to further focus on microchip’s wafer’s vertical and horizontal planes mounting concepts SAN DIEGO, May 10, 2022 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”), will be further broadening its 3D, multiplanar, integrated circuits design and manufacturing continuation patent application, responding to an United […]

Provident Hires Tara Brady as Customer Experience Director

New position underscores Bank’s commitment to elevate the customer experience Tara Brady, First Vice President, Customer Experience Director Tara Brady, First Vice President, Customer Experience Director ISELIN, N.J., May 10, 2022 (GLOBE NEWSWIRE) — Provident Bank, a leading New Jersey-based financial institution, announced today that Tara Brady has joined the Bank as First Vice President, Customer […]

Ebix Announces Q1 2022 Revenues of $286.3 Million with 7% Sequential Growth and Diluted EPS of $0.62 with 24% Sequential Growth

JOHNS CREEK, Ga., May 10, 2022 (GLOBE NEWSWIRE) — Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of on-demand software and e-commerce services to the insurance, financial services, travel, healthcare, and e-learning industries today announced the following results for the quarter ended March 31, 2022: Revenues of $286.3 million GAAP operating income of $30.1 million […]

Nuvei Announces First Quarter 2022 Results

Reaffirms Financial Outlook for 2022 Nuvei reports in U.S. dollars and in accordance with International Financial Reporting Standards (“IFRS”) MONTREAL, May 10, 2022 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), tomorrow’s payment platform, today reported its financial results for the three months ended March 31, 2022. “We had a strong […]

CryptoConcerts Inc. Creates Crypto-Ready Event Ticket & NTFs

Launching later this year, the new Profitable Developments Inc. subsidiary will provide ticketing services for XR and IRL events of all kinds, allowing for crypto payments, NFT integrations and 360 streaming; Roadmap includes an IEO, a DAO and simultaneous in-person/metaverse event streaming solutions Los Angeles, CA, May 10, 2022 (GLOBE NEWSWIRE) — Profitable Developments Inc. […]

FirstBank Maintains Robust Growth at the Start of 2022

Bank Continues to Support Down Payment Assistance Program and Contributes $250,000 to the Boulder County Wildfire Fund LAKEWOOD, Colo., May 09, 2022 (GLOBE NEWSWIRE) — FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” announced its 2022 first quarter summary on the company’s holdings and activities. The bank […]