Globe Newswire


GBT Filed Patent Application for AI Based Facial Recognition Security System

SAN DIEGO, Feb. 16, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”) with GBT Tokenize Corp. (“GBT/Tokenize”) filed with U.S. Patent and Trademark Office (“USPTO”) a patent for AI facial recognition system, for computers and mobile devices. The application has been assigned serial number 63147326 and the filing date […]

Outlook on the Wearable Payments Devices Global Market to 2026 – Industry Analysis and Forecasts

Dublin, Feb. 16, 2021 (GLOBE NEWSWIRE) — The “Global Wearable Payments Devices Market By Type, By Technology, By Application, By Region, Industry Analysis and Forecast, 2020 – 2026” report has been added to ResearchAndMarkets.com’s offering. The global Wearable Payments Devices Market size is expected to reach $42.9 billion by 2026, rising at a market growth […]

The global post-COVID-19 Retail POS market size is forecasted to grow from USD 15.8 billion in 2020 to USD 34.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 13.9%

during 2020–2026. The major growth drivers for the market include growing interest in non-cash transactions among consumers, increased data visibility through cloud POS systems and enhanced service delivery. New York, Feb. 15, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Retail Point of Sale Market by Product, End User And Region – […]

WESTPAY APPOINTS ABG SUNDAL COLLIER AS LIQUIDITY PROVIDER

Westpay AB, a leading fintech company, has entered into an agreement with ABG Sundal Collier ASA that they will act as a liquidity provider for Westpay’s share. The commitment takes place within the framework of Nasdaq Stockholm AB’s rules on liquidity enhancement and means that the liquidity provider quotas the purchase and sale volume corresponding […]

TD Bank Group Joins the Open Invention Network Community

DURHAM, N.C., Feb. 15, 2021 (GLOBE NEWSWIRE) — Open Invention Network (OIN), the organization formed to safeguard open source software (OSS) and now the largest patent non-aggression community in history, announced today that TD Bank Group (TD) has joined as a community member. Offering a full range of financial products and services to more than […]

Hardbacon secures more than $500,000 in funding

The fintech start-up, whose round of financing continues on FrontFundr.com until February 26, will use the funds to accelerate its growth and prepare for its IPO. MONTREAL, Feb. 12, 2021 (GLOBE NEWSWIRE) — Hardbacon has secured $522,200 in funding from over 350 investors through the FrontFundr equity crowdfunding portal. The company has thus reached its […]

Pinnacle Bankshares Corporation Announces Fourth Quarter and 2020 Earnings

ALTAVISTA, Va., Feb. 12, 2021 (GLOBE NEWSWIRE) — Net income for Pinnacle Bankshares Corporation (OTCQX:PPBN), the one-bank holding company (“Pinnacle” or the “Company”) for First National Bank (“First National” or the “Bank”), was $1,805,000, or $0.92 per basic and diluted share, for the quarter ended December 31, 2020, and $3,380,000, or $2.04 per basic and […]

Unity Bank Launches Partnership with NID Housing Counseling Agency and Donates $5,000 for Community Education Programs

NID-HCA Helps NJ & Lehigh Valley Residents Through All Phases of the Homeownership Cycle Unity Bank/NID-HCA Donation Check Presentation Photo NID Housing Counseling Agency Branch Manager Maurice Muhammad (left) accepts a $5,000 donation from Vincent Geraci, Unity Bank First Senior Vice President and Director of Mortgage Lending. Unity Bank has launched a partnership with the […]

Teampay Launches Strategic Partner Program to Provide Additional Value within the Spend Management Ecosystem

Distributed Spend Management leader continues to build momentum through its industry-wide network supporting the business process around spend NEW YORK, Feb. 12, 2021 (GLOBE NEWSWIRE) — Today, Teampay, the leading distributed spend management platform, announced the launch of its Partner Program to drive additional benefits for its customers. Through this program, Teampay cements its role […]

GreenBox POS Joins Visa’s Fintech Fast Track Program

GreenBox is working with Visa to deliver the next innovation in payments SAN DIEGO, Feb. 12, 2021 (GLOBE NEWSWIRE) — GreenBox POS (OTCQB: GRBX) (“GreenBox”, the “Company”), an emerging financial technology company leveraging proprietary blockchain security to build customized payment solutions today announced that it has joined Visa’s Fintech Fast Track program, speeding up the […]

First National Corporation Announces 9% Increase in Cash Dividend

STRASBURG, Va., Feb. 11, 2021 (GLOBE NEWSWIRE) — The Board of Directors of First National Corporation (Nasdaq: FXNC) declared a quarterly cash dividend of $0.12 per share on February 10, 2021. This was a 9% increase compared to the quarterly dividend paid on December 29, 2020. The dividend is payable on March 12, 2021 to […]

Patriot Bank announces key addition: Senior Vice President & Deputy Chief Credit Officer

STAMFORD, Conn., Feb. 11, 2021 (GLOBE NEWSWIRE) — Patriot National Bancorp, Inc. (“Patriot”) (NASDAQ:PNBK), the parent company of Patriot Bank, N.A. (the “Bank”), today announced it has appointed a seasoned credit administrator, Patrick Trombly, as its Senior Vice President and Deputy Chief Credit Officer. Mr. Trombly most recently served as Senior Vice President – Commercial […]

Instant Pay Fintech Clair Joins Cardtronics’ Allpoint Network of Surcharge-free ATMs

Clair Users Now Have Fee-Free Cash Access at Over 55,000 Allpoint ATMs HOUSTON, Feb. 11, 2021 (GLOBE NEWSWIRE) — Cardtronics today announced a new partnership with Clair, a social impact fintech focused on helping American hourly workers lead better financial lives, to give Clair members surcharge-free cash access through its retail-based network of over 55,000 Allpoint […]

ILLIMITY Ends 2020 With a NET PROFIT of 31 Million Euro (From 16 Million Euro Loss in 2019)

Equal to an ROE1 of 5.5% above Post-Covid Guidance figures Solid growth prospects for 2021 volumes and profits confirmed Appointment of two new non-executive independent directors Strong increase in net customer loans and investments (+35% over end 2019) to 2.2 billion euro Assets of 4.1 billion euro (3 bln at 31 December 2019) including liquidity […]

SUIC and QQ Pay Australia Form US-based Fintech Company SUIC QQ Pay USA Inc. to Deliver Breakthrough Payment Technology Solutions in the US$135 Billion Global Digital Commerce

NEW YORK, NY and Australia, Feb. 11, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Sino United Worldwide Consolidated Ltd. (OTC: SUIC) has formed a 70:30 fintech company with QQ Pay Australia, named SUIC QQPay USA Inc. based in New York. SUIC owns 70% and QQ Pay Australia owns 30%.  SUIC QQ Pay USA Inc. will drive innovation […]

GBT Researching a Development of a Radio Based Computer Vision System For Cardiovascular Applications

SAN DIEGO, Feb. 11, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”), is researching the potential development of a radio based computer vision system to be guided by AI for cardiovascular applications. This is the first phase of the research to evaluate an autonomous arterial clog cleaning mini-probe. A typical […]

Waterstone Financial Announces Election of New Board Member Derek L. Tyus

Derek L. Tyus Derek L. Tyus WAUWATOSA, Wis., Feb. 10, 2021 (GLOBE NEWSWIRE) — Waterstone Financial, Inc. (NASDAQ: WSBF) announced today that on February 8, 2021, its Board of Directors elected Derek L. Tyus to serve on the Board of Directors. “We are honored to have Derek join the Board of Directors of WaterStone Bank […]

Pinnace Bankshares Corporation Announces Cash Dividend

ALTAVISTA, Va., Feb. 10, 2021 (GLOBE NEWSWIRE) — Pinnacle Bankshares Corporation (“Pinnacle” or the “Company”) (OTCQX: PPBN), the one-bank holding company for First National Bank (the “Bank”), announced today that its Board of Directors declared a cash dividend of $0.14 per share on February 9, 2021, payable March 5, 2021, to shareholders of record as […]

Hardbacon Announces Its Intent to Go Public in 2021

MONTREAL, Feb. 10, 2021 (GLOBE NEWSWIRE) — Hardbacon, a personal finance application used by more than 25,000 Canadians, has announced its intention to go public in 2021. The company has proved itself a pioneer in equity crowdfunding with over 1,000 shareholders. Hardbacon raised more than $1 million through its first two rounds on the regulated […]

Purpose Financial Announces $53.5 Million Investment From Allianz X

Transaction adds a strong institutional investor with unique opportunities for future strategic partnerships between Purpose and Allianz Capital will be used to further accelerate growth of Purpose’s core platform Allianz X will join Purpose’s board of directors TORONTO , Feb. 10, 2021 (GLOBE NEWSWIRE) — Purpose LP (“Purpose Financial“), a leading financial technology platform, today […]

Archer and rpmAUM Announce Strategic Partnership

Provide Comprehensive Services to Investment Managers to Drive Growth BERWYN, Pa., Feb. 10, 2021 (GLOBE NEWSWIRE) — Archer®, a technology and services innovator for the investment management industry, and rpmAUM™, a provider of custom product, brand, and distribution solutions for investment managers, today announced a strategic partnership. The partnership will provide investment managers with a […]

As Pandemic-Driven Fraud Increases, Firms Respond with Accelerated Adoption of Defenses

Firms fight back with automation and accountability Atlanta, GA, Feb. 10, 2021 (GLOBE NEWSWIRE) — Today, Bottomline and Strategic Treasurer release the results of the 2021 Treasury Fraud & Controls Survey. This is the 6th annual survey between the long-time collaborators, whose research partnership also includes the annual B2B Payments Survey.   As in prior […]

Acquisition

10 February 2021 PayPoint Plc (“PayPoint” or the “Company”)   PayPoint announces the acquisition of RSM 2000 Significantly enhances digital payments capability and sector reach as part of continued step change in strategic delivery Founded in 1999, RSM 2000 provide a wide range of digital payment solutions, including Direct Debit processing, card and text payments […]

Global Wearable Payments Devices Market By Type, By Technology, By Application, By Region, Industry Analysis and Forecast, 2020 – 2026

The Global Wearable Payments Devices Market size is expected to reach $42. 9 billion by 2026, rising at a market growth of 27. 2% CAGR during the forecast period. The safe and secure payment method offered to the consumers for their purchase of products or services through the advanced integrated technology in their wearable devices […]

Global Digital Challenger Bank Market – Beyond the Hype

Dublin, Feb. 10, 2021 (GLOBE NEWSWIRE) — The “Beyond the Hype – Insight into Digital Challenger Banks” report has been added to ResearchAndMarkets.com’s offering. In the last decade, the concept of the digital-only bank has gone from isolated upstart players to a global phenomenon present in all major regions around the world. In the last […]

Recognise Implements nCino to Provide Agility and Flexibility to Its Clients and Team

SME-focused challenger bank goes live on the cloud-based platform to help ensure its client interactions are relationship-led and digitally enabled LONDON, Feb. 10, 2021 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced the go-live of the nCino Bank Operating […]

Flywire Expands Digital Education Payments Business in Latin America

Extends digital payment capabilities to growing number of Latin American students studying abroad Helps universities in Latin America attract more international students Partners with local agents to help connect students and schools worldwide BOSTON and SÃO PAULO, Brazil, Feb. 10, 2021 (GLOBE NEWSWIRE) — Flywire Corporation (Flywire), a global payments-enablement and software company, today announced […]

Ushur Closes $5M Series B Extension from Aflac Ventures and Iron Pillar

AI-powered insurtech platform aims to transform digital customer engagement SANTA CLARA, Calif., Feb. 09, 2021 (GLOBE NEWSWIRE) — Ushur, the no-code intelligent automation company, today announced a $5M addition to its over-subscribed $25M Series B funding in November 2020. Aflac Ventures and Iron Pillar participated in the round. This brings the total amount of the […]

Net1 appoints Lincoln Mali as Southern African CEO

JOHANNESBURG, South Africa, Feb. 09, 2021 (GLOBE NEWSWIRE) — Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS; JSE: NT1) (“Net1” or the “Company”) today announced that it has appointed Lincoln Mali as Chief Executive Officer (“CEO”) of Net1 Southern Africa, a new position for the company. A highly accomplished financial services executive with over 25 years […]

Financial Institutions, Inc. Announces Optimized Organizational Structure and Changes in Leadership

– Aligns Core Functions, Services and Talents to Meet Evolving Customer Needs and Expectations– Former Chief Financial Officer Justin K. Bigham Named Chief Community Banking Officer– Former Corporate Treasurer W. Jack Plants II Named Chief Financial Officer and Treasurer WARSAW, N.Y., Feb. 09, 2021 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (NASDAQ:FISI) (the “Company” “we” or “us”), parent company […]

Platinum Bank Quickly Deploys the nCino Bank Operating System® to Streamline Business Lending

Bank utilizes nCino’s Accelerate delivery model as part of its digital transformation WILMINGTON, N.C., Feb. 09, 2021 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that $425 million-asset Platinum Bank has deployed the nCino Bank Operating System to optimize […]

Euronet Worldwide, Inc., Adds Eight More Banks to Its ATM Shared Network in Spain

LEAWOOD, Kan., Feb. 08, 2021 (GLOBE NEWSWIRE) — Euronet Worldwide, Inc. (NASDAQ: EEFT), a leading global electronic payments provider, today announced agreements for ATM network participation services in Spain with the following eight banks: Grupo Caja Rural / Banco Cooperativo, Grupo Cajamar, Bankinter, Eurocaja Rural, EVO Banco, Triodos Bank, Caixa Guissona, and Laboral Kutxa. Under […]

Lake Shore Bancorp, Inc. Announces Fourth Quarter 2020 Dividend

DUNKIRK, N.Y., Feb. 05, 2021 (GLOBE NEWSWIRE) — Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ Global Market: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), announced that the Company’s Board of Directors approved a $0.13 per share cash dividend on its common stock, payable on March 15, 2021, to shareholders of record […]

Jay Ryan Joins Zafin as Chief Revenue Officer to Lead Growth of SaaS Cloud-Native Product and Pricing Solutions for Banks

Ryan will work to ensure Zafin is positioned for growth, leading sales strategy and operations NEW YORK, Feb. 05, 2021 (GLOBE NEWSWIRE) — Zafin, the world’s leading product and pricing platform for the next generation of banking, today announces the addition of Jay Ryan as chief revenue officer. Ryan will ensure the company’s global sales […]

Nuvei Announces Preliminary Fourth Quarter 2020 Results

Nuvei reports in U.S. dollars and in accordance with International Financial Reporting Standards (“IFRS”). All amounts in this press release are in U.S. dollars. MONTREAL, Feb. 05, 2021 (GLOBE NEWSWIRE) —  Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, today announced preliminary unaudited financial results […]

Net 1 Reports Second Quarter 2021 Results

JOHANNESBURG, South Africa, Feb. 04, 2021 (GLOBE NEWSWIRE) — Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS; JSE: NT1) today released results for the second fiscal quarter ended December 31, 2020. Q2 2021 Highlights and Recent Developments: Net increase of 44,000 EasyPay Everywhere (EPE) account holders, the first quarterly increase in eight quarters; IPG exit process […]

Net1 Sells Remaining Stake in Bank Frick

JOHANNESBURG, South Africa, Feb. 04, 2021 (GLOBE NEWSWIRE) — Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS; JSE: NT1) (“Net1” or the “Company”) today announced that it has sold its remaining interest in Bank Frick & Co. AG (“Bank Frick”) back to The Kuno Frick Family Foundation for $30 million. The gross proceeds of $30 million […]

Continuity Chooses CrossCheck Compliance LLC as Its Regulatory Compliance Consulting Partner

Continuity, a leading provider of technology solutions for compliance, risk and performance management, has chosen CrossCheck Compliance LLC, a leader in regulatory compliance consulting, to expand its ability to serve the financial institutions marketplace. NEW HAVEN, Conn., Feb. 04, 2021 (GLOBE NEWSWIRE) — Continuity announced today that it has entered into formal agreement to work […]

Digital Check Corp. Acquires Benchmark Technology Group, Inc.

Combines Cash and Check Automation Software Solutions Northbrook, IL, Feb. 04, 2021 (GLOBE NEWSWIRE) — Digital Check Corp., a leading provider of image capture and payments processing technology, is announcing the completion of its acquisition of Benchmark Technology Group, Inc., a leading provider of cash management automation solutions for the financial industry.  Benchmark Technology Group […]