Globe Newswire


First Horizon Corporation to Participate in KBW Virtual US Regional Bank Leaders Conference

MEMPHIS, Tenn., May 27, 2021 (GLOBE NEWSWIRE) — First Horizon Corporation (NYSE: FHN) today announced that President and Chief Executive Officer, Bryan Jordan, will participate at the KBW Virtual US Regional Bank Leaders Conference on June 7, 2021 at 12:15 pm ET. A live webcast of the event along with an audio replay will be […]

Equifax Canada data indicates COVID-19 financial crisis is not over for consumers, small businesses

Analysis indicates growing concern for uneven K-shaped recovery Average Spend on Credit Cards The line graph charts the average spend on credit cards, which is returning to normal levels. Moving into Delinquency The bar graph indicates that credit conditions are improving across age groups. TORONTO, May 27, 2021 (GLOBE NEWSWIRE) — Equifax Canada has released […]

Ackroo releases Q1 2021 Financial Results

Ackroo achieves 13th consecutive positive EBITDA quarter HAMILTON, Ontario, May 27, 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, has filed its financial results for the period ended March 31, 2021. The results for the period ended March 31, […]

Nuvei to be Added to MSCI Canada Index

MONTREAL, May 26, 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 effective as of the close of the market on May 27, 2021 it will be added as a member of the MSCI Canada Index, as part of […]

Kearny Financial Corp. Announces Completion of Stock Repurchase Plan and Commencement of New Stock Repurchase Plan

FAIRFIELD, N.J., May 26, 2021 (GLOBE NEWSWIRE) — Kearny Financial Corp. (NASDAQ GS: KRNY) (the “Company”), the holding company for Kearny Bank, announced the completion of its previously disclosed 5% stock repurchase plan which authorized the repurchase of 4,210,520 shares. Such shares were repurchased at a cost of $51.1 million, or $12.15 per share. A […]

Financial Institutions, Inc. Announces Quarterly Cash Dividend

WARSAW, N.Y., May 26, 2021 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (NASDAQ:FISI) (the “Company”), parent company of Five Star Bank, SDN Insurance Agency, LLC (“SDN”), Courier Capital, LLC (“Courier Capital”) and HNP Capital, LLC (“HNP Capital”), announced today that its Board of Directors has approved a quarterly cash dividend of $0.27 per outstanding common share. […]

Capgemini Press Release // As FinTech firms become increasingly profitable, traditional banks counter with branded digital-only subsidiaries

Good evening, Please find below the press release issued today. Best regards, ___________________________________________________________________ Marishka MartinsGroup PR Consultant | Marketing & Creative Services Capgemini India | Mumbaiwww.capgemini.com Tel.: +91 9930835325 Email: [email protected]_____________________________ As FinTech firms become increasingly profitable, traditional banks counter with branded digital-only subsidiaries Paris, May 26, 2021 – FinTechs are approaching their next maturity […]

Sunrise Credit Union Adopts nCino Platform to Provide a First-Class Member Experience

Sunrise is live with nCino’s on-line and in-branch Deposit Account Opening solution, providing clients and employees a seamless application experience TORONTO and BRANDON, Manitoba, May 26, 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 Manitoba’s Sunrise Credit […]

GBT Introduces Generation II of its qTerm

GEN II Prototype qTerm Includes a Series of Enhancements SAN DIEGO, May 26, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT”, or the “Company”) via GBT Tokenize Corp, completed generation II of its qTerm device. The GEN II release is a second version that includes a series of enhancements that target higher […]

Global Insurtech Market Analysis & Forecast Report 2021-2028: Rising Use of Social Media to Identify Gaps and Offer Improved Customer Services Provide Numerous Growth Opportunities

Dublin, May 26, 2021 (GLOBE NEWSWIRE) — The “Insurtech Market Share, Size, Trends, Industry Analysis Report, By Deployment Model; By Insurance Type; By End-Use; By Technology; By Regions; Segment Forecast, 2021 – 2028” report has been added to ResearchAndMarkets.com’s offering. The global insurtech market size is expected to reach USD 45.09 billion by 2028 Significant […]

Flywire Announces Pricing of Initial Public Offering

BOSTON, May 25, 2021 (GLOBE NEWSWIRE) — Flywire Corporation (“Flywire”), a global payments enablement and software company, today announced the pricing of its initial public offering of 10,440,000 shares of its common stock at a price to the public of $24.00 per share. In addition, the underwriters have been granted a 30-day option to purchase […]

With $1.6mm Seed Raise, CAARY Appoints Senior Fintech Investment Strategist John MacKinlay as CEO to Lead U.S./Canada Equity Crowdfunding Campaigns

Fintech startup CAARY has unveiled a corporate credit card for SMEs which is the first of its kind in the Canadian finance industry, allowing businesses to qualify based on funding and revenue as opposed to credit history. The Company has appointed former OMERS investor John MacKinlay as its CEO to lead equity crowdfunding initiatives in […]

Root, Inc. Announces Innovation Partnership with Safekeep, Inc

Root, Inc., the parent company of Root Insurance Company, has engaged the innovative insurtech company focused on leveraging AI in claims COLUMBUS, Ohio, May 25, 2021 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, has announced that it has engaged Safekeep, an award-winning insurtech that uses AI to maximize […]

Alien Autopsy NFT Drop: Authenticated by the CIA, Reserve $1 Million on Rarible

The most famous piece of UFO evidence—an NFT of the film that led the CIA to confirm the existence of extraterrestrial life—has been compared to the Zapruder Film for its importance and was even memorialized on the X-Files; Bid now The NFT made from the original 1947 Alien Autopsy film. The auction of the most […]

EagleBank Provides $26 Million in Financing for Friendship Heights Retail Landmark Mazza Gallerie

Funding will support construction of multifamily units and retail space BETHESDA, Md., May 25, 2021 (GLOBE NEWSWIRE) — EagleBank, one of the largest community banks in the Washington, D.C. area, today announced that it provided $26 million in acquisition financing to support the revitalization of Mazza Gallerie, a landmark retail space in the thriving Friendship […]

Climate First Bank (In Organization) Prepares for Opening With New Executive Appointments

Latest additions to leadership team demonstrate the bank’s commitment to becoming the most successful values-based financial institution ST. PETERSBURG, Fla., May 25, 2021 (GLOBE NEWSWIRE) — Climate First Bank (In Organization), a values-based community bank with a focus on environmental regeneration, today announces two new senior additions to its inaugural team: Senior Vice President and […]

Zendrive, DSG and MiWay Usher in a New Era of Behavior-Based Motor Insurance with MiWay Blink

Powered by Zendrive’s cutting-edge mobility risk intelligence platform and integrated by DSG, MiWay Blink sets a new standard of innovation in South Africa’s motor insurance landscape SAN FRANCISCO, May 25, 2021 (GLOBE NEWSWIRE) — As the pandemic has dramatically accelerated the need for innovation in the global motor insurance industry, leading insurer MiWay and mobility […]

Sentieo Raises $20M Series B Round Following Record Demand for AI-Driven Financial Research Platform

Latest infusion will enable Sentieo to further drive digital transformation of financial and corporate research SAN FRANCISCO, May 25, 2021 (GLOBE NEWSWIRE) — On the heels of record revenue in 2020, Sentieo, the leading next-generation financial and corporate research platform provider, today announced it has raised $20 million in a Series B round of funding. […]

Asia-Pacific Cross-border and Remittance Service Market Report 2021: Need for Faster Payment Services and Lower Transaction Fees Creates New Growth Opportunities

Dublin, May 25, 2021 (GLOBE NEWSWIRE) — The “Digitalization and Data Analytics are Driving Asia-Pacific Cross-border and Remittance Service Market Growth” report has been added to ResearchAndMarkets.com’s offering. This study discusses the strategic imperatives that impact the market, drivers and restraints that influence growth, and opportunities that participants can leverage to grow in this market. […]

Financial Solutions Lab 2021 Accelerator Cohort to Improve Financial Resilience and Growth for Underserved Communities in Wake of Pandemic and Beyond

As part of 10-year $60 million initiative, selected companies focus on credit, insurance, digital banking, and asset building solutions for LMI, Black, Latinx and LGBT+ communities Financial Solutions Lab logo Chicago, IL, May 25, 2021 (GLOBE NEWSWIRE) — The Financial Solutions Lab, an initiative launched and managed by the Financial Health Network in collaboration with […]

CapLinked Announces New Government Clients

CapLinked Inc. welcomes new municipal and county government clients to the rapidly growing roster of organizations using its software platform to securely share information and manage multi-party projects LOS ANGELES, May 25, 2021 (GLOBE NEWSWIRE) — CapLinked, Inc., a developer of cloud-based information control software, today announced the addition of new municipal and county government […]

Embroker Expands C-Suite with Chief Insurance Officer and Chief Technology Officer Hires

Insurtech deepens executive bench to drive more volume and velocity through its digital business insurance platform SAN FRANCISCO, May 25, 2021 (GLOBE NEWSWIRE) — Embroker, the digital business insurance platform making it radically simple to get insured, today announced the appointment of two industry experts to the roles of Chief Insurance Officer and Chief Technology […]

Resolve Lands $60M to Expand its Embedded Billing Platform for B2B Buy Now Pay Later

Resolve digitizes customer net terms for B2B commerce, helping sellers and buyers to grow sales and cash flow while removing friction and risk from B2B payments SAN FRANCISCO, May 25, 2021 (GLOBE NEWSWIRE) — Resolve announced today that it has raised $60 million in funding to fuel the growth of its embedded billing platform for […]

Truxton Trust Advises Sabino Recovery on Debt Financing for Management Buyout

Truxton Trust – Sabino Recovery Tombstone Truxton Trust Advises Sabino Recovery on Debt Financing for Management Buyout NASHVILLE, Tenn., May 24, 2021 (GLOBE NEWSWIRE) — Truxton Trust Company is pleased to announce its role as lead lender and senior debt placement agent to Sabino Recovery, a provider of trauma and addiction residential treatment programs in […]

City National Bank Hires Cross-Border Banking Team in New York

Award-winning expat banking specialists complement City National’s East Coast expansion NEW YORK, May 24, 2021 (GLOBE NEWSWIRE) — City National Bank announced today that it has hired a new Cross-Border Banking team to serve the specialized needs of individuals and business teams who relocate to the U.S. from other countries. Based in New York, the […]

GreenBox POS Receives Approval for Bank Identification Number (BIN) for Merchant Onboarding

Highly Coveted License Allows GreenBox to Onboard Large ISO Portfolios, Further Accelerating Processing Volume Growth Potential SAN DIEGO, CA, May 24, 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 it has been approved by Merrick […]

Stavvy Announces Over $40 Million in Series A Financing, Partners with Flagstar Bank to Provide COVID Loan Relief to Consumers

The raise is the largest Series A in New England FinTech and PropTech history Kosta Ligris and Josh Feinblum, co-founders of Stavvy Kosta Ligris and Josh Feinblum, co-founders of Stavvy BOSTON, May 24, 2021 (GLOBE NEWSWIRE) — Stavvy, the Boston-based fintech platform, today announces a $40+ million Series A funding round. The investment will be […]

Stone Enters Into Investment Agreement With Banco Inter

GEORGE TOWN, Grand Cayman, May 24, 2021 (GLOBE NEWSWIRE) — StoneCo Ltd. (Nasdaq: STNE) (“Stone” or the “Company”), a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels, today announces that it has signed a definitive investment agreement with Banco Inter (B3: BIDI3, BIDI4, BIDI11) (“Banco Inter”), a […]

Grant Thornton India’s Assurance Practice Appointed as Statutory Auditors for Ebix’s India Centered, EbixCash Operations

NOIDA, India and JOHNS CREEK, Ga., May 24, 2021 (GLOBE NEWSWIRE) — 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 that its EbixCash Indian subsidiary has engaged Grant Thornton’s Indian audit affiliate Walker Chandiok & Co LLP (WCC) to […]

Mobile Wallet Market Size & Share | North America, Europe, & APAC Industry Statistics 2020-2026: Graphical Research

Major mobile wallet market players include AT&T, Due Inc., J.P. Morgan, PayPal, Visa Inc., Amazon, Google, ICICI Bank Limited, Mastercard, One Mobikwik System Pvt Ltd., One97 Communications Limited, Tencent Holdings Limited, American Express, Ant Financial Services Group, Allied Wallet, Inc., Apple, Barclays, First Data Corporation, Wells Fargo & Company, Skrill Ltd., Vodafone, and Samsung Electronics. […]

Danny Green Throws in a PORTL Hologram Machine with Ring NFT

The 3-time NBA Champion revealed he is an early investor in the holoportation startup; His uniquely created Danny Green 2020 NBA Championship Ring NFT dropping from game changing curation platform and marketplace New Renaissance is optimized for rotating, 4K PORTL display The world’s first volumetric pro sports memorabilia NFT dropped on the eve of the […]

BOK Financial named a 2021 DiversityInc Top Regional Company

TULSA, Okla., May 21, 2021 (GLOBE NEWSWIRE) — BOK Financial has been recognized by DiversityInc® as one of the nation’s top 20 regional companies for diversity and inclusion. The DiversityInc survey is one of the most comprehensive data-driven D&I analyses of some of the largest U.S. employers. The rankings are based on company-submitted data in […]

Ackroo Acquires InterActive DMS

Ackroo expands their AckrooPOS business and deepens industry expertise in automotive HAMILTON, Ontario, May 21, 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 its wholly-owned subsidiary, Ackroo Canada Inc., has signed a definitive asset […]

Investview (“INVU”) Extends Its DeFi Blockchain Technology Holdings and Invests Another $1 Million in NDAU The World’s First Adaptive Digital Currency Asset Proof-of-Stake for long-term store of value & adds NDAU as Method Dividend Payment

Eatontown, NJ, May 21, 2021 (GLOBE NEWSWIRE) — Investview, Inc. (OTCQB: INVU), a diversified financial technology company that through its subsidiaries and global distribution network provides financial technology, education tools, content, research, and management of digital asset technologies with a focus on Bitcoin mining and the new generation of digital assets, is pleased to announce […]

Boris Davidoff PhD Appointed Executive VP of Viper Networks, Inc.

TROY, Mich., May 20, 2021 (GLOBE NEWSWIRE) — Viper Networks, Inc. (Pink Sheets: VPER), an emerging international leader in the LED lighting products and integrated systems markets for Smart City projects, is pleased to announce the appointment of Boris Davidoff, Ph.D. as the company’s Executive VP and the Head of International Business Development. In addition, […]

Stax Strengthens E-Commerce Presence With PayCertify Partnership

Customers of the global fintech platform, PayCertify now have access to a more in-depth product offering and cohesive payments experience ORLANDO, Fla., May 20, 2021 (GLOBE NEWSWIRE) — Stax by Fattmerchant, the industry’s only complete all-in-one solution for managing everything in the payments ecosystem, announces its partnership with PayCertify, an innovative, global fintech marketplace and leader […]

Nuvei Granted Approval to Process Sports Betting and iGaming Payments in Michigan

Nuvei to provide payment processing technology and expertise to Michigan’s online gaming operators MONTREAL and DETROIT, May 20, 2021 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the payment technology partner of thriving brands, announced today that its wholly owned subsidiary has been granted approval by the Michigan Gaming Control Board […]

Aliaswire President to Speak at Southeast Acquirers Association Conference

Disruptive Payment Technologies and the Future of Fintech BURLINGTON, Mass., May 20, 2021 (GLOBE NEWSWIRE) — Aliaswire President Scott Goldthwaite will be a featured speaker at the 2021 Southeast Acquirers Association (SEAA) Annual Conference. The event takes place May 24-26 at the Hyatt Regency Coconut Point Resort & Spa in Bonita Springs, Florida. Goldthwaite will […]

Amerant Mortgage Expands its Footprint and Capabilities With the Acquisition of Idaho-based First Mortgage Company

Acquisition Provides Direct Access to Fannie Mae, HUD/FHA, and Veterans Administration CORAL GABLES, Fla., May 20, 2021 (GLOBE NEWSWIRE) — Amerant Mortgage, LLC, a joint venture between Amerant Bank, the second largest community bank headquartered in Florida, and a team of highly specialized professionals in the residential mortgage arena, announced today that it had acquired […]