Globe Newswire


IMS Announces Try Per Mile

Highly-configurable, mileage-based telematics product enables insurers to match the agility of insurtech disruptors. “When further developing our existing suite of solutions for mileage-based UBI programs, we wanted to offer insurance customers flexibility around the kind of telematics-enabled proposition that they could take to market, while at the same time empowering them to be as nimble […]

First National Corporation and The Bank of Fincastle Receive Shareholder Approvals for Merger

STRASBURG, Va. and FINCASTLE, Va., June 22, 2021 (GLOBE NEWSWIRE) — At separate shareholder meetings held on June 16, 2021, First National (NASDAQ: FXNC) (the “Company” or “First National”), the parent holding company of First Bank, and The Bank of Fincastle (OTC: BFTL) (“Fincastle”), received the required approval of each company’s shareholders to proceed with […]

Global Artificial Intelligence in Banking Market

Capital One, Citi, HSBC, JPMorgan Chase, Personetics, Quantexa, U.S. Bank, KASISTO, Affectiva, Hooyu, Simudyne, Ayasdi, Socure, DataVisor, ZestFinance, Feedzai, Dataminr, Darktrace, Yodlee, Sift Science, Arago, Callsign, CloudWalk, Cognicor, and Comply Advantage among others are the key players in the artificial intelligence in the banking market. Brooklyn, New York, June 22, 2021 (GLOBE NEWSWIRE) — According […]

Albertans save a total of $320M during Servus Big Share™ Contest, one wins $1M

EDMONTON, Alberta, June 22, 2021 (GLOBE NEWSWIRE) — Servus Credit Union is pleased to announce that its members saved a combined total of $320 million during this year’s Servus Big Share™ Contest, which ran from January 1 to April 30, 2021. Now in its third year, the contest and its one-million-dollar prize are designed to […]

Nuvei and Discover Global Network Sign Acquiring Agreement to Increase eCommerce Acceptance

Nuvei and Discover® Global Network partner to enhance borderless eCommerce opportunities for merchants and cardholders worldwide MONTREAL, June 22, 2021 (GLOBE NEWSWIRE) —  Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, announced today that its wholly owned subsidiary has signed an acquiring agreement with Discover® Global […]

European Online Payment Methods 2021 – Alternative Methods Gained Special Attention During COVID-19 Pandemic

Dublin, June 22, 2021 (GLOBE NEWSWIRE) — The “Europe Online Payment Methods 2021” report has been added to ResearchAndMarkets.com’s offering. “Europe Online Payment Methods 2021” provides insights into the current state and advances of the online payment market in the European region. Among other findings, the publication reveals that despite consumers in Europe still tending […]

GBT Files Patent For ICs Layout Automatic Correction of Geometrical Design Rules System

The technology aims for significant reduction of microchip’s layout design cycle; particularly, in advanced nanometer ranges, 7nm and below, enabling faster chip’s design and manufacturing cycle SAN DIEGO, June 22, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH ) (“GBT” or the “Company”), filed a provisional patent application for Integrated Circuits automatic design rule correction […]

illimity Approves Its 2021-25 Strategic Plan

MILAN, Italy, June 22, 2021 (GLOBE NEWSWIRE) — via InvestorWire – SIGNIFICANT AND SUSTAINABLE PROFITABILITY   2021E 2023E 2025E  ROE1 10% 15% 20% NET PROFIT €60-70MLN €140MLN >€240MLN ROBUST CAPITAL BASE INCLUDING DIVIDEND FLOW Shareholders’ equity 1 billion euro in 2023, 1.4 billion in 2025 CET1 RATIO constantly above 15% cumulated DIVIDENDS of ca. 180 […]

Flywire Survey Reveals Significant Affordability Issues Facing Students Around the World Due to COVID-19 Pandemic

3 in 5 students considered delaying higher education due to financial burden imposed by the pandemic BOSTON, June 22, 2021 (GLOBE NEWSWIRE) — The COVID-19 pandemic has exacerbated the education affordability crisis with students around the world. This is according to the new report, Passport to Higher Education: A Global Payments Study, from Flywire Corporation […]

CurrencyWork’s First Barrett-Jackson Digital Collectible (NFTs) Sell Off for Over $65,000 in 12 minutes

Los Angeles CA, June 21, 2021 (GLOBE NEWSWIRE) — CurrencyWorks Inc. (“CurrencyWorks” or the “Company”), (CSE: CWRK and OTCQB: CWRK), a financial technology blockchain pioneer, NFT, and digital payment provider is pleased to announce that the first NFT sales have been successfully concluded through the Motoclub.io platform – a joint venture between the Company and […]

Paya Announces Pricing of $250 Million Term Loan and $45 Million Revolving Credit Facility

ATLANTA, June 21, 2021 (GLOBE NEWSWIRE) — Paya Holdings Inc. (NASDAQ: PAYA) (“Paya” or the “Company”), a leading provider of integrated payment and commerce solutions, today announced the pricing of a seven-year, $250 million senior secured term loan and a five-year, $45 million senior secured revolving credit facility. The term loan will be issued at […]

Home Federal Bank Announces New Location in West Shreveport

SHREVEPORT, La., June 18, 2021 (GLOBE NEWSWIRE) — Home Federal Bank (“HFB”), the wholly-owned subsidiary of Home Federal Bancorp, Inc. of Louisiana (NASDAQ: HFBL), today announced plans to break ground on a new location in West Shreveport. The new Huntington branch will be located at 6903 Pines Road, just south of I-20. The new Pines […]

WSGF Introduces Cryptocurrency Backed Short-Term Vacation Rental Properties

Dallas, Texas, June 18, 2021 (GLOBE NEWSWIRE) — World Series of Golf, Inc. (OTC Pink: WSGF) (“WSGF”) has launched a Peer to Peer (P2P), Fintech, Alternative Short-Term Rental Purchase Finance Application (App), called Vaycaychella. The Vaycaychella App currently includes the listing of 10 target new properties in Cuba to restore and make short-term vacation rental […]

Fidelity D & D Bancorp, Inc. Announces Receipt of All Required Approvals for the Acquisition of Landmark Bancorp, Inc.

DUNMORE, Pa., June 17, 2021 (GLOBE NEWSWIRE) — Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) (“Fidelity”), the parent bank holding company of The Fidelity Deposit and Discount Bank (“Fidelity Bank”), a Pennsylvania state-chartered, FDIC-insured community bank and trust company headquartered in Dunmore, PA, announced today that the shareholders of Landmark Bancorp, Inc. (“Landmark”) have overwhelmingly […]

City National Bank Appoints Abel Montañez as Head of Private Banking

Veteran advisor led private banking in Los Angeles region LOS ANGELES, June 17, 2021 (GLOBE NEWSWIRE) — City National Bank announced today that Abel Montañez has joined the company as executive vice president and head of Private Banking, effective June 15, 2021. He is also a member of City National’s Executive Committee and reports to […]

Nuvei to be Added to S&P/TSX Composite Index

MONTREAL, June 17, 2021 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, today announced that prior to the open of trading on Monday, June 21, 2021 it will be added as a member of the S&P/TSX Composite Index. The S&P/TSX Composite is […]

UNCLE Credit Union Names 2021-2022 Board of Directors and Officers

UNCLE Credit Union Board of Directors Pictured from left to right: Lee Neely, Bob Corey, Neda Gray, Hugh Bussell, Robin Morris, Chung Bothwell, John Freeman, John Stein, Mila Shapovalov, Clay Smith, Peter Goldstein UNCLE Credit Union re-elected Chung Bothwell as Board Chairman for the 2021-2022 term. Chung Bothwell, UNCLE Credit Union Board Chairman LIVERMORE, Calif., […]

FDCTech’s Subsidiary Genesis Financial, Inc. Reaches Agreement to Sell Mortgage Broking Business for Over $1.75 million

Through its Australian subsidiary, Genesis has reached an agreement to divest its mortgage brokering business — Interactive Mortgage and Finance Pty Ltd (IMF), to provide surplus capital to acquire complementary companies in wealth management, digital assets, and financial brokerage. Irvine, CA, June 17, 2021 (GLOBE NEWSWIRE) — FDCTech, Inc. (“FDC” or the “Company,” OTCQB: FDCT), […]

Net1 expresses condolences on the passing of its Chairman Jabu Mabuza

JOHANNESBURG, South Africa, June 17, 2021 (GLOBE NEWSWIRE) — Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS; JSE: NT1) (“Net1” “we” or the “Company”) today announced that its Chairman, Jabu Mabuza, passed away on June 16, 2021. We are deeply saddened by the news of the passing of Jabu Mabuza and extend our condolences to his […]

ING to review strategic options for its Retail Banking business in France

 ING to review strategic options for its Retail Banking business in France ING announced today that it is conducting a strategic review of its Retail Banking business in France. The review is focused solely on the Retail Banking business and not on ING’s Wholesale Banking activities in France. ING has been active in the […]

Investar Holding Corporation Declares Quarterly Cash Dividend

BATON ROUGE, La., June 16, 2021 (GLOBE NEWSWIRE) — Investar Holding Corporation (the “Company”) (Nasdaq:ISTR), the holding company of Investar Bank, National Association (the “Bank”), declared a quarterly cash dividend of $0.08 per share to holders of Investar Holding Corporation common stock. The dividend is payable on July 31, 2021 to shareholders of record as […]

Susan R. Holliday Named Chair of the Board of Directors of Financial Institutions, Inc.

Susan R. Holliday Chair of the Board of Directors of Financial Institutions, Inc.  – Don Boswell, Dawn Burlew, and Kim VanGelder Appointed to Key Leadership Positions – New Directors Riveros and Zupan Elected to the Board  WARSAW, N.Y., June 16, 2021 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (NASDAQ:FISI) (the “Company” or “we”), parent company of […]

North Dallas Bank & Trust Co. Declares $0.25 Per Share Dividend

DALLAS, June 16, 2021 (GLOBE NEWSWIRE) — On June 15, 2021 the North Dallas Bank & Trust Co. (OTCBB: NODB) Board of Directors declared a $0.25 per share dividend. The dividend is payable to shareholders of record as of July 2, 2021 and will be paid on July 9, 2021. North Dallas Bank & Trust […]

Libro Credit Union teams with MX to empower financial wellness in southwestern Ontario

Southwestern Ontario’s largest credit union launches Yooli, an app built on MX’s award-winning data enhancement and financial health tools Introducing Yooli Southwestern Ontario, and LEHI, Utah, June 16, 2021 (GLOBE NEWSWIRE) — Libro Credit Union, the largest credit union in southwestern Ontario, announced it has launched a new money management app, Yooli, designed to help […]

RJD Green Inc. Subsidiary, IOSoft, Announces the Acquisition of an Additional Medical Services Software Platform

TULSA, OK, June 16, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — RJD Green Inc. (OTCPK: RJDG) announced their subsidiary, IOSoft Inc., has acquired a healthcare software platform, MedSwift, to provide superior solutions in logistics, communications and data storage and requires minimal set up and training. IOSoft management stated they are adding an additional synergistic software platform to […]

Teampay Launches Digital Corporate Card in Collaboration with Mastercard

Distributed Spend Management leader unveils new executive offering, Catalyst by Teampay; announces new iOS App Catalyst by Teampay Catalyst by Teampay is the first corporate card built on the foundation of the Mastercard digital first experience. Catalyst Card The sleek, contactless metal card is paired with a powerful digital purchasing experience. NEW YORK, June 16, […]

New Research Reveals 70% of Digital Bank Customers and 44% of Traditional Bank Customers Want Embedded Insurance Offers Based on Transaction Data

Data shows consumers are more compelled by contextual and convenient insurance offerings in banking experiences NEW YORK, June 16, 2021 (GLOBE NEWSWIRE) — A recent census-balanced survey of 3,551 US consumers from PYMNTS.com, commissioned by Cover Genius, sought to understand how financial institutions customers would react to embedded insurance offers — tailored insurance offerings based […]

Global Point-Of-Sale Terminals Market Is Expected to Reach USD 129.92 Billion by 2028 : Fior Markets

Point-Of-Sale Terminals Market By Component (Software, Hardware), By Product (Fixed, Mobile),By Application (Retail, Healthcare), By Deployment (On-premise, Cloud), By Region and Segment Forecasts from 2021 to 2028 Newark, NJ, June 16, 2021 (GLOBE NEWSWIRE) — As per the report published by Fior Markets, the global Point-Of-Sale Terminals Market is expected to grow from USD 75.05 billion […]

Felice Development Group Acquires 2.9 Acres & Moves Forward With 900-Unit, Mixed-Use Project on Capital Riverfront With Financing From EagleBank

Development at 1333 M Street SE Offers Multifamily Units, Outdoor Amenities & 45,000 SF Retail Space for Navy Yard East WASHINGTON, June 16, 2021 (GLOBE NEWSWIRE) — Felice Development Group (FDG) and Fields-Grade Development partnered to acquire 2.9 acres of land on the Anacostia Riverfront after securing PUD approval. FDG plans to develop a large-scale, […]

Verizon introduces financial literacy program for kids, offering parents peace of mind

Verizon Family Money gives parents tools to help kids save, spend, earn, and become money-savvy; on the network they trust What you need to know: Verizon Family Money enables parents to help kids save, spend, earn, and become money-savvy, all within an easy-to-use app and prepaid debit card. Kids get an experience designed with them […]

QOMPLX Expands “Privilege Assurance: Graph View” Visualizing Your Vulnerabilities and Enabling Rapid Response

See your Active Directory the way a hacker does — before you become a target TYSONS CORNER, Va., June 15, 2021 (GLOBE NEWSWIRE) — Today, QOMPLX announces a robust feature expansion for its Q:CYBER Privilege Assurance product: “Graph View”. It empowers customers to more quickly see and predict specific weaknesses in their cybersecurity posture, showing […]

CurrencyWorks’ Zer00™ Crypto Mining Platform Starts Working with the First Municipality to Implement Environmental Zero-Cost Energy Solution

Los Angeles CA, June 15, 2021 (GLOBE NEWSWIRE) — CurrencyWorks Inc. (“CurrencyWorks” or the “Company”), (CSE: CWRK and OTCQB: CWRK) a financial technology blockchain pioneer, NFT, digital currency, and payment platform provider, today is pleased to announce that Fogdog Energy Solutions Inc. has started working with the first municipality which will implement CurrencyWorks’ environment zero-cost energy crypto […]

HomeTrust Bancshares, Inc. Announces Profitability Improvement Plan and Balance Sheet Restructuring

ASHEVILLE, N.C., June 15, 2021 (GLOBE NEWSWIRE) — HomeTrust Bancshares, Inc. (NASDAQ: HTBI) (the “Company”), the holding company of HomeTrust Bank (the “Bank”), today announced its plans to further improve profitability by closing nine bank branches and restructuring its balance sheet with the prepayment of its remaining long-term borrowings. In addition, beginning July 1, 2021, […]

REN Connect Payments Software from Euronet Worldwide, Inc. to Enable Real Time Payments Capabilities for Bank of the Philippine Islands

LEAWOOD, Kan., June 15, 2021 (GLOBE NEWSWIRE) — Euronet Worldwide, Inc., (NASDAQ: EEFT), a leading global financial technology solutions and payments provider, announced today its REN Connect software will enable Bank of the Philippine Islands (BPI) to join and participate in the country’s real time payments network, Instapay. BPI will implement REN Connect, a product […]

Root, Inc. and Tremor Partner to Place Property Catastrophe Program

Companies’ leadership across technology and innovation enabled program placement in less than a week COLUMBUS, Ohio, June 15, 2021 (GLOBE NEWSWIRE) — Tremor and Root, Inc. (NASDAQ: ROOT), the parent company of the Root Insurance family of insurance companies, today announced that Root has successfully placed its June property catastrophe program with Tremor Panorama. As […]

Vemanti Group Announces Effectiveness of Form 10 Registration Statement

IRVINE, Calif., June 15, 2021 (GLOBE NEWSWIRE) — Vemanti Group, Inc. (“Vemanti” or the “Company”) (OTCQB:VMNT), a multi-asset technology-driven company, today announced that its Form 10 Registration Statement initially filed with the U.S. Securities and Exchange Commission (the “SEC”) on April 9, 2021, became effective on June 9, 2021. Moving forward, the Company will be subject to […]

Paya to Join Russell 2000® Index

ATLANTA, June 15, 2021 (GLOBE NEWSWIRE) — Paya Holdings Inc. (NASDAQ: PAYA) (“Paya”), a leading provider of integrated payment and commerce solutions, today announced that Paya is scheduled to join the small-cap Russell 2000 Index and the broad-market Russell 3000 Index, as well as the appropriate growth and value style indexes, at the conclusion of […]

Provident Bank Study Shows Digital Banking Still the Banking Method of Choice by Consumers

Post-pandemic, consumers still prefer ease and convenience of digital banking ISELIN, NJ, June 15, 2021 (GLOBE NEWSWIRE) — Provident Bank, a leading New Jersey-based financial institution, recently announced the results of an online survey of 600 U.S. consumers conducted in May 2021. As businesses begin to return to normal, the results of the survey help […]

National Catholic Society of Foresters Taps Breathe Life Hybrid Distribution Platform to Transform the Member Experience

Selects Breathe Life to Modernize How Life Insurance is Bought and Sold MONTRÉAL, June 15, 2021 (GLOBE NEWSWIRE) — Breathe Life, the leading provider of hybrid life insurance distribution solutions, today announced it has entered into an agreement with the National Catholic Society of Foresters (NCSF) to deliver a modern purchasing experience for NCSF insurance […]