Globe Newswire


Root, Inc. Bolsters Leadership Team with New Hires

Root Inc., the parent company of Root Insurance Company, announces key new hires as company extends its technical leadership and launches into its next chapter of growth COLUMBUS, Ohio, June 07, 2021 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), a leading AI technology provider for insurance and parent company of Root Insurance Company, today announced […]

Simmons First National Corporation Announces Agreements to Acquire Landmark Community Bank and Triumph Bancshares, Inc.

Acquisitions will complement existing footprint and enhance scale in Memphis and Nashville; will create the 9th largest bank in Tennessee based on deposit market share PINE BLUFF, Ark., June 07, 2021 (GLOBE NEWSWIRE) — Simmons First National Corporation (NASDAQ: SFNC) (“Simmons” or “Company”) announced today that it has entered into two separate definitive agreements to acquire […]

EbixCash Appoints Eminent Accounting, Regulatory & Banking Sector Leader – S Ravi to Its Board of Directors, as It Progresses Toward Its Prospective IPO in India

NOIDA, India and JOHNS CREEK, Ga., June 07, 2021 (GLOBE NEWSWIRE) — EbixCash Private Limited, a subsidiary of Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries today announced the appointment of Mr. S Ravi, as a new independent director to the […]

Paya Announces Proposed Debt Refinancing

ATLANTA, June 07, 2021 (GLOBE NEWSWIRE) — Paya Holdings Inc. (NASDAQ: PAYA) (“Paya” or the “Company”), a leading provider of integrated payment and commerce solutions, today announced plans to refinance its outstanding $228 million term loan facility due 2027 and $25 million revolving credit facility due 2025. The Company anticipates refinancing the facilities with the […]

The ACAMS 2nd Annual Global Anti-Financial Crime FinTech Summit Offers Cutting-Edge Look at Financial Technology’s Promises and Perils with Guidance from More than 80 Experts on Illicit Finance

Speakers include representatives from the U.S. Treasury Department, Japan’s Financial Services Agency, European Commission, Dubai International Financial Centre, Google, Stripe, PayPal and Coinbase CHICAGO, June 07, 2021 (GLOBE NEWSWIRE) — As part of its ongoing effort to help compliance professionals navigate the promises and perils of emerging technology, ACAMS will present a 3-day training and […]

CurrencyWorks to Present at the LD Micro Invitational XI Virtual Event

Cameron Chell, Chairman Presenting on June 10th at 900AM PST/1200PM EST Los Angeles CA, June 04, 2021 (GLOBE NEWSWIRE) — CurrencyWorks Inc. (“CurrencyWorks” or the “Company”), (CSE: CWRK and OTCQB: CWRK) a financial technology blockchain pioneer, NFT, and digital payment provider today announced that it will be presenting at the LD Micro Invitational XI Virtual […]

IDT Corporation Reports Third Quarter Fiscal Year 2021 Results

NEWARK, NJ, June 03, 2021 (GLOBE NEWSWIRE) — IDT Corporation (NYSE: IDT) reported net income per diluted share of $1.39 and Non-GAAP income per diluted share* of $0.47 on revenue of $374 million for the third quarter of FY 2021, the three months ended April 30, 2021. 3Q21 HIGHLIGHTS (Results are for 3Q21 and are […]

WAYNE SAVINGS BANCSHARES, INC. Ranks #50 on American Banker Magazine’s Top 200 Community Banks and Thrifts List for 2021

WOOSTER, Ohio, June 03, 2021 (GLOBE NEWSWIRE) — Wayne Savings Bancshares, Inc. (OTCQX:WAYN), (the “Company”), the holding company parent of Wayne Savings Community Bank (the “Bank”), announced today that it was named to the American Banker magazine’s Top 200 Publicly Traded Community Banks and Thrifts. In its May 2021 issue, American Banker ranked Wayne Savings […]

Root, Inc. Announces Entry into Wisconsin

Now available in 31 states, the insurer brings a mobile-first, modern car insurance experience to the Badger State COLUMBUS, Ohio, June 03, 2021 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced its entry into Wisconsin. Root is now available to the 4.3 million drivers in Wisconsin, making it […]

American Pacific Mortgage Eliminates Gaps in Customer Journey to Achieve 50% Increase in Borrower Retention Rate

APM leveraged automation to bolster borrower retention strategy to protect hard-won customer relationships during peak refi boom MINNEAPOLIS, June 03, 2021 (GLOBE NEWSWIRE) — Faced with a low-rate environment, American Pacific Mortgage (APM), a top-15 retail mortgage company in the country by volume, needed to upgrade its borrower retention strategy to help its 1,400 loan […]

GBT Is Researching To Develop An AI Empowered, Wireless Patient Health Monitoring System

The researched technology, is aiming to create a Radio-Based patient health monitoring system for homes or facilities SAN DIEGO, June 03, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. ( OTC PINK: GTCH ) (“GBT” or the “Company”) has commenced research with the goal of developing an AI empowered, wireless patient monitoring system. The project’s internal code name is […]

First Busey Corporation Finalizes Acquisition of Cummins-American Corp. and Glenview State Bank

CHAMPAIGN, Ill. and GLENVIEW, Ill., June 02, 2021 (GLOBE NEWSWIRE) — First Busey Corporation (“Busey”) (NASDAQ: BUSE), the holding company for Busey Bank, announced the completion of its acquisition of Cummins-American Corp. (“CAC”), the holding company for Glenview State Bank (“GSB”), effective May 31, 2021.  The transaction was previously announced on January 19, 2021. Under terms of the […]

UNCLE Credit Union Launches Alkami’s Award-Winning Digital Banking Platform

LIVERMORE, Calif., June 02, 2021 (GLOBE NEWSWIRE) — UNCLE Credit Union, serving four counties in the eastern region of the San Francisco Bay Area and the Central Valley, partnered with Alkami Technology, Inc. to deliver a new and enhanced digital banking experience to its 30,000 members. Built for security, speed and extensibility, Alkami’s award-winning digital […]

Nomination Deadline Approaching for 2021 Finovate Awards

NEW YORK, June 02, 2021 (GLOBE NEWSWIRE) — via NetworkWire — Finovate, a leading fintech event series and digital engagement platform, has announced the nomination deadline for companies looking to take part in the 2021 edition of the Finovate Awards. Now in its third year, the Finovate Awards recognize the companies driving fintech innovation forward […]

Prize-Linked Savings Startup PrizePool Announces $10M in Series A Funding

Consumers seeking prize-linked savings resulted in tremendous growth after seed funding in August 2020 SAN FRANCISCO, June 02, 2021 (GLOBE NEWSWIRE) — PrizePool, the popular prize-linked savings accounts, announced today it has raised $10 million in Series A funding, led by M13 and seed investors including Accomplice, Bling Capital, World Innovation Labs, and Coatue. Prior […]

Nuvei Secures Scheme Licenses to Process UK Payments Post-Brexit

Global fintech leader approved to acquire UK-based merchants requiring Mastercard and Visa licenses MONTREAL and CYPRUS, June 02, 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 FCA regulated subsidiary has secured the scheme licenses to […]

LaunchPad Café Ltd. Announces Signing of LOI to Combine with Ventana Biotech, Inc. (OTC:VNTA)

LaunchPad Café Ltd. Announces Signing of LOI to Combine with Ventana Biotech, Inc. (OTC:VNTA) LaunchPad Café, Ltd., a specialty finance Company, makes alternative funding available to entrepreneurs who are starting and growing businesses, and to those who have investment opportunities. In all cases, the two characteristics that are anticipated to be common among most borrowers […]

RJD Green Inc.’s Division Silex Holdings Updates on Improved Production Scale and Capabilities to Enhance Capacities and Quality Control for Their Growth in the Commercial Sectors

TULSA, OK, June 02, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — RJD Green (OTCPK: RJDG),  Silex Holdings announced the completion of their manufacturing improvements that markedly increase their production scale, quality control, and overall manufacturing capabilities, creating the opportunity to more than double their present commercial contracts creating as much as $2,000,000 in additional annual revenue. Silex Holdings, […]

GreenBox to Present at LD Micro Invitational XI

Chairman Ben Errez to Present Thursday, June 10th, 2021 SAN DIEGO, CA, June 02, 2021 (GLOBE NEWSWIRE) — GreenBox POS (NASDAQ: GBOX) (“GreenBox” or the “Company”), an emerging financial technology company leveraging proprietary blockchain security to build customized payment solutions, today announced that management will present at the LD Micro Invitational XI taking place virtually […]

Volly Announces the Acquisition of Home Captain

Boston, Massachusetts, June 02, 2021 (GLOBE NEWSWIRE) — Volly, an industry-leading provider of lending and marketing technology platforms and creative marketing services for the mortgage and banking industries, announced today that it has acquired Home Captain, a market-leading technology enabled real estate platform that shepherds homebuyers through the home buying journey.    Volly’s technology provides digital engagement platforms, […]

GBT Successfully Submitted System for Award Management (SAM) Registration

SANTA MONICA, Calif., June 02, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT”, or the “Company”) is seeking to conduct business with the US government agencies and successfully submitted a registration application with System for Award Management (SAM), registration #832011626. A SAM registration is required for any entity to bid on and […]

Feedzai’s Financial Crime Report: Fraud rises by 159% Year on Year

Global study shows fraudsters are cashing in on lifted lockdown restrictions Combining all banking fraud – internet, telephone, and branch – attacks grew 159% in Q1 2021 compared to Q1 2020 93% of all fraud attempts are carried out online Fraud rates on Android devices are significantly higher than iOS, despite having only half the […]

Nuvei Announces US$500 Million Bought Deal Secondary Offering

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL, June 01, 2021 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, has announced today that funds managed by Novacap Management Inc. (collectively, “Novacap”), Whiskey Papa Fox Inc. […]

HV Bancorp, Inc. Closes on a $10 Million Fixed to Floating Rate Subordinated Note

DOYLESTOWN, Pa., June 01, 2021 (GLOBE NEWSWIRE) — HV Bancorp, Inc. (the “Company”) (Nasdaq Capital Market: HVBC), the holding company of Huntingdon Valley Bank (the “Bank”), announced today the completion of its private placement of $10 million of a 4.50% Fixed to Floating Rate Subordinated Note (the “Note”). The Note will have a maturity date of May 28, […]

EagleBank Provides More than $81 Million in Financing for Montgomery County Housing Opportunities Commission

Funding will support revitalization of multifamily units in downtown Bethesda BETHESDA, Md., June 01, 2021 (GLOBE NEWSWIRE) — EagleBank, one of the largest community banks in the Washington, D.C. area, today announced that it provided $81.2 million in fixed rate acquisition financing to support a key affordable housing project in downtown Bethesda, MD. Bradley Crossing […]

Waterstone Financial Declares Special Cash Dividend

WAUWATOSA, Wis., June 01, 2021 (GLOBE NEWSWIRE) — On May 28, 2021 the Board of Directors of Waterstone Financial, Inc. (NASDAQ: WSBF) declared a special dividend of $0.50 per common share. “This special dividend reflects our strong performance thus far during 2021, as well as our continued strong financial condition,” said Doug Gordon, CEO of […]

WealthManagement.com Announces Finalists for the 2021 Industry Awards

Judges recognize 221 organizations for their outstanding support of financial advisor success from among more than 900 nominations Expanded awards program recognizes new and emerging fintech categories, strides in diversity and inclusion, and outstanding achievements by industry executives Winners to be announced during in-person and virtual awards ceremony at the Ziegfeld Ballroom in New York City on September […]

Stavvy Co-Founder Josh Feinblum Named a 2021 HousingWire Rising Star

Josh Feinblum, Co-Founder of Stavvy Josh Feinblum, Co-Founder of Stavvy BOSTON, June 01, 2021 (GLOBE NEWSWIRE) — Josh Feinblum, co-founder of Stavvy, the fully-integrated digital mortgage platform, was recently named a 2021 HousingWire Rising Star. The media organization included Feinblum as one of their 50 leaders under the age of 40 who are “shaping and […]

Nuvei Announces Filing of Amended and Restated Base Shelf Prospectus

MONTREAL, June 01, 2021 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U) today announces that it has filed and obtained a receipt for its amended and restated short form base shelf prospectus (the “Amended and Restated Prospectus”) amending and restating its short form base shelf prospectus dated December 7, 2020 […]

Prove to Acquire Mobile Behavioral Biometrics Company UnifyID to Accelerate Dynamic Multi-Factor Authentication

Prove to Add UnifyID’s Mobile Behavioral Biometrics and Push Authentication Technologies to Offer Companies a Modern Multi-Factor Authentication Platform as Businesses Seek to Reduce Reliance on One-Time Passcodes and Passwords NEW YORK, June 01, 2021 (GLOBE NEWSWIRE) — Prove announced today it will acquire UnifyID, a market leader in mobile-based passive authentication and behavioral biometrics. […]

Ackroo completes acquisition of InterActive DMS

Ackroo closes first US based acquisition HAMILTON, Ontario, June 01, 2021 (GLOBE NEWSWIRE) — Ackroo Inc. (the “Company” or “Ackroo”) (TSX-V: AKR) (OTC: AKRFF), a loyalty marketing, payments and point-of-sale technology and services provider, is pleased to announce that it has completed the acquisition of InterActive DMS (“IDMS”) through its’ wholly-owned subsidiary Ackroo Canada Inc. […]

EbixCash Announces Appointment of Renowned Economist SP Kothari to Its Board of Directors

NOIDA, India and JOHNS CREEK, Ga., June 01, 2021 (GLOBE NEWSWIRE) — EbixCash Private Limited, a subsidiary of Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries today announced the appointment of Mr. SP Kothari, as a new independent director to the […]

Nuvei Announces Voting Results of its Annual Shareholders’ Meeting and Appointment of General Counsel and Corporate Secretary

MONTREAL, May 31, 2021 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U) today announced that shareholders voted in favour of all items of business put forth by the Company at its annual shareholders’ meeting held on May 28, 2021 (the “Meeting”). Voting Results of the Meeting 1. Election of Directors The […]

KOHO continues their fight against banking BS launching initiative to help Canadians fight bank fee increases

TORONTO, May 31, 2021 (GLOBE NEWSWIRE) — Canadian Fintech KOHO furthers their commitment to challenging traditional banking through the launch of their “Fight the Fee” campaign. This initiative was designed in response to the Big 5 Banks raising account fees and minimum balance requirements while the COVID-19 pandemic continues. “Fight the Fee” aims to help […]

Micro Insurance Company and ImaliPay Partner to Deliver Digital Insurance Products to Africa’s Gig Workers

Micro Insurance Company x ImaliPay Partnership NEW YORK, May 31, 2021 (GLOBE NEWSWIRE) — MicroEnsure (now part of the Micro Insurance Company) and ImaliPay are partnering to deliver digital insurance products to Africa’s gig workers. These unique insurance products will provide this underserved sector with a safety net, so when the unexpected happens, people are […]

Flywire Corporation Closes IPO and Full Exercise of Underwriters’ Option to Purchase Additional Shares

BOSTON, May 28, 2021 (GLOBE NEWSWIRE) — Flywire Corporation (“Flywire”), a global payments enablement and software company, today announced the closing of its initial public offering of 12,006,000 shares of its common stock at a price to the public of $24.00 per share, including the full exercise by the underwriters of their option to purchase […]

Review and Analysis of the Data Measuring the Size of the Unbanked Population in the U.S., 2021 Report

Dublin, May 28, 2021 (GLOBE NEWSWIRE) — The “The U.S. Unbanked Issue is Improving; Are You Part of the Solution?” report has been added to ResearchAndMarkets.com’s offering. The efforts of fintechs and, to a lesser degree, traditional financial institutions to provide robust banking solutions to the unbanked population through prepaid cards are helping individuals to […]

First Horizon Corporation to Announce Financial Results and Host Conference Call on July 16

MEMPHIS, Tenn., May 27, 2021 (GLOBE NEWSWIRE) — First Horizon Corporation (NYSE:FHN) plans to announce second quarter 2021 financial results on July 16, 2021. The news release and supplemental materials will be available at ir.fhnc.com at approximately 6:45 am ET/5:45 am CT. FHN management will host a live presentation that morning with details as follows: Time: […]

Capital City Bank Group, Inc. Announces Cash Dividend

TALLAHASSEE, Fla., May 27, 2021 (GLOBE NEWSWIRE) — The Board of Directors of Capital City Bank Group, Inc. (NASDAQ: CCBG) declared a quarterly cash dividend on its common stock of $.15 per share. The dividend produces an annualized rate of $.60 per common share and is payable on June 21 to shareowners of record as […]