New Leadership Bolsters Umpqua’s Innovation Arm Shawn Ahmed President & CEO of Pivotus, Inc. PORTLAND, Ore., July 12, 2018 (GLOBE NEWSWIRE) — Umpqua Holdings Corporation (NASDAQ:UMPQ), the parent company of Umpqua Bank, has appointed Shawn Ahmed as the new president and chief executive officer of Pivotus, the company’s innovation arm. With years of expertise leading both […]
LONDON, July 09, 2018 (GLOBE NEWSWIRE) — Going to the bank no longer means walking into a local branch. As technology advances, the way people interact with their money is changing dramatically, with most banking now being carried out in the digital realm. Agile financial technology companies are accelerating their disruption of traditional banking practices, […]
LONDON, July 06, 2018 (GLOBE NEWSWIRE) — Financial firms must quickly come to grips with two complex issues to survive in the marketplace for the long haul: digitalisation and sustainability. Digital innovations offer opportunities that could foster radical change in the financial sector, but regulators are struggling to keep up with the pace, while data […]
The company’s portfolio includes cognitive intelligence, complete banking management, multi-channel, virtual reality and security. SOUTHFIELD, Mich., June 28, 2018 (GLOBE NEWSWIRE) — Stefanini, a $1B global IT provider, presented its portfolio of banking solutions at CIAB’s largest technology event for the financial sector, held June 12-14 in Sao Paulo, Brazil. Aligned with the new needs […]
WILMINGTON, N.C., June 14, 2018 (GLOBE NEWSWIRE) — Live Oak Bank has reached a milestone in closing over 100 renewable energy loans in just a year and a half, providing more than $500 million in financing to renewable energy project developers nationwide. Live Oak is the largest USDA Rural Energy for America (REAP) lender in the nation […]
Joint offering additionally helps customers to comply with PSD2, AMLD5 and eIDAS regulations SAN DIEGO and TRONDHEIM, Norway, June 04, 2018 (GLOBE NEWSWIRE) — Mitek (NASDAQ:MITK) a global leader in digital identity verification software solutions, and Signicat, the world’s leading trusted digital identity provider, today announced a partnership to improve the digital customer on-boarding process […]
WILMINGTON, N.C., May 31, 2018 (GLOBE NEWSWIRE) — Live Oak Bank has reached a milestone in closing more than $100 million in financing to the insurance industry nationwide including retail agents, managing general agencies, and third-party administrators. Live Oak is one of the top insurance lenders in the country, according to data from the Small Business Administration, […]
Corvil’s UTC Traceability solution for MiFID and CAT compliance recognized for its innovation and value in accelerating customer compliance with emerging regulations Corvil Wins Best Time Synchronisation Solution at A-Team Group’s RegTech Awards 2018 – Corvil’s UTC Traceability solution for MiFID and CAT compliance recognized for its innovation and value in accelerating customer compliance with […]
LoanSphere Expedite enables electronic signature and document fulfillment capabilities for Lender Price’s Point of Sale Digital Lending solution Black Knight’s open API expansion allows for simplified loan solutions for digital mortgage POS providers Expedite APIs enable consistency of loan-related data and documents throughout the loan process Black Knight’s centralized digital API marketplace fosters innovation in […]
Tech CU Advances 49 Spots in One Year and Claims no. 1 spot in California SAN JOSE, Calif., April 03, 2018 (GLOBE NEWSWIRE) — Tech CU (Technology Credit Union) announced today it was named the number 3 best-performing credit union among 538 credit unions in the U.S. by S&P Global Market Intelligence, a leader in […]
Honored for its TV and Radio Ads, Community Service and Corporate Social Responsibility SAN JOSE, Calif., March 29, 2018 (GLOBE NEWSWIRE) — Tech CU (Technology Credit Union) announced today that its advertising has won the company two CUNA Diamond Awards in the categories of commercial video and radio ads. Additionally, the company won its first […]
Launch of Australia’s first true challenger bank, purpose-built to become a trusted ally and partner to Australia’s small and medium-sized businesses SAN FRANCISCO, March 27, 2018 (GLOBE NEWSWIRE) — Judo Capital is founded on the belief that the financing skills needed by the SME (small and medium-sized enterprise) community have been lost to increasingly centralized […]
Marketplace Lending Expertise to Complement Franklin Templeton Fixed Income Group Capabilities SAN MATEO, Calif., March 20, 2018 (GLOBE NEWSWIRE) — Franklin Resources, Inc. (NYSE:BEN), which operates as Franklin Templeton Investments, today announced the acquisition of Random Forest Capital, LLC (“Random Forest”), an investment firm with expertise in data science and non-bank marketplace lending. Following the […]
PHOENIX, AZ, March 19, 2018 (GLOBE NEWSWIRE) — No Borders, Inc. (the “Company”), announces that it has completed a reverse merger (the “Transaction”) under which Lannister Holdings, Inc. became a wholly owned subsidiary of No Borders, Inc. (OTC-NBDR). The Transaction closed on March 8, 2018. The Company’s common shares trade on the OTC Markets under […]
Institutional Level Volume, Speed and Security With An Integrated Digital Asset Bank & Trust Boca Raton, Florida, March 13, 2018 (GLOBE NEWSWIRE) — Today, at the Futures Industry Association Conference in Boca Raton, Florida, J. Robert Collins Jr., former President of the New York Mercantile Exchange, and a founder of the Dubai Mercantile Exchange, announced […]
Company Also Wins Three AVA Digital Awards SAN JOSE, Calif., March 07, 2018 (GLOBE NEWSWIRE) — Tech CU (Technology Credit Union) announced today that its vice president of human resources, Jeannine Boettcher, has won the YWCA Tribute to Women Award. Additionally, Tech CU was honored with three AVA Digital awards for the company’s digital ads, […]
Gabriele Columbro Executive Director, Symphony Software Foundation Jim Jagielski Co-Founder and Vice Chairman, Apache Software Foundation PALO ALTO, Calif., March 06, 2018 (GLOBE NEWSWIRE) — Symphony Software Foundation (the Foundation), the nonprofit organization fostering open source software innovation in financial services, will be hosting its second Open Source Strategy Forum on November 14, 2018. Following […]
Dublin, Feb. 28, 2018 (GLOBE NEWSWIRE) — The “Future of Digital Banking” report has been added to ResearchAndMarkets.com’s offering. The report includes a detailed analysis of the market, the opportunities in digital banking, the ecosystems and emerging models and a brief profile of players across internet & mobile banking, cloud service, mobile wallet, payment gateway, […]
Immediate support ensures Volante clients can avoid the non-compliance challenges of mandated standards change in cross border payments and trade finance New York, NY, Feb. 26, 2018 (GLOBE NEWSWIRE) — NEW YORK, LONDON, DUBAI, MEXICO CITY, 26 February 2018 – Volante Technologies Inc., a global provider of software for the integration, processing and orchestration of payments […]
Bank Value Creation Weakens Worldwide, Eroded by Rising Risk, Regulation, and Compliance Costs, and Heavy Penalties; Four Initiatives Are Critical for Risk Management Agenda, Says Report by The Boston Consulting Group Financial Penalties on Banks for Noncompliance Rose Financial Penalties on Banks for Noncompliance Rose NEW YORK, Feb. 22, 2018 (GLOBE NEWSWIRE) — A decade […]
Pittsburgh, PA, Feb. 20, 2018 (GLOBE NEWSWIRE) — Confluence, the global leader in investment data management automation for regulatory, financial and investor reporting, today announced an agreement with ICE Data Services, which is part of Intercontinental Exchange (NYSE: ICE), to help asset managers meet their compliance obligations with respect to SEC Modernization and other regulatory […]
SAN JOSE, Calif., Feb. 14, 2018 (GLOBE NEWSWIRE) — Tech CU (Technology Credit Union) announced today that it is providing a $23 million construction loan to W.L. Butler, Inc. The loan will fund the development of a 60-unit apartment building overlooking Central Park in San Mateo. “We are thrilled to be able offer this financing […]
LONDON, UNITED KINGDOM and NEW YORK, NY–(Marketwired – February 14, 2018) – 3d innovations, a data management software and services firm, today announced that in collaborating with financial institutions on data governance initiatives, the firm has reached an impressive figure of over USD one billion in cost avoidance. 3di have arrived at this positive checkpoint […]
Pilatus Bank Chairman Ali Sadr Pilatus Bank Chairman Ali Sadr LONDON, Feb. 05, 2018 (GLOBE NEWSWIRE) — We are living amid a constantly evolving digital landscape. FinTech startups and challenger banks are continuously launching new advanced digital products on the market. Consumers, being blown away by flashy technologies, demand for their banks to reinvent themselves […]
ANCHORAGE, Ala., Jan. 29, 2018 (GLOBE NEWSWIRE) — Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the “Company”) today reported profits for both the fourth quarter and full year in 2017. Net income attributable to the Company (“net income”) was $13.2 million, or $1.88 per diluted share, in 2017, compared to $14.4 million, or $2.06 per diluted […]
Pilatus Bank Chief Operating Officer Luis Felipe Rivera Pilatus Bank Chief Operating Officer Luis Felipe Rivera LONDON, Jan. 11, 2018 (GLOBE NEWSWIRE) — The reality is that fintech startups and challenger banks are threatening to make a major dent in the banking industry as a result of the emergence of digital technology. As an endless […]
DENVER, Dec. 20, 2017 (GLOBE NEWSWIRE) — Following its successful token generation event, WAX today announced it will use blockchain-backed loan platform SALT to allow token holders to use WAX as collateral for cash loans. WAX token holders will be able to keep their cryptocurrency assets, including gaming skins and crypto collectibles, while accessing cash […]
Pilatus Bank Chairman Ali Sadr Pilatus Bank Chairman Ali Sadr LONDON, Dec. 20, 2017 (GLOBE NEWSWIRE) — In banking and fintech, the most important commodity is “trust.” Ali Sadr, Chairman of Pilatus Bank, believes that it is important to recognize where the banking industry stands relative to other industries on the trust scale. The automotive […]
As regulatory uncertainty continues and SEC Modernization becomes reality, Confluence predicts broader data-centricity in business operations and the adoption of data analytics in fund compliance and governance Pittsburgh, PA and London, Dec. 18, 2017 (GLOBE NEWSWIRE) — Confluence, the global leader in investment data management automation for regulatory, financial and investor reporting, today announced a […]
Pittsburgh, PA, Dec. 12, 2017 (GLOBE NEWSWIRE) — Confluence, the global leader in investment data management automation for regulatory, financial and investor reporting, has been awarded “Best Use of the Agile Methodology” at the 2017 American Financial Technical Awards (AFTAs), hosted by Waters magazine and WatersTechnology.com. This marks the second year in a row that […]
SAN JOSE, Calif., Dec. 08, 2017 (GLOBE NEWSWIRE) — Tech CU (Technology Credit Union) today announced that it was named one of Silicon Valley’s most philanthropic companies by the Silicon Valley Business Journal, an honor the company has received for the past three years. Additionally, this holiday season, Tech CU announced it will be working closely […]
Seasoned Asset Management Fintech Leader to Focus on Client Servicing Pittsburgh, Nov. 28, 2017 (GLOBE NEWSWIRE) — Confluence, a global leader in investment data management automation for regulatory, financial and investor reporting, today announced the appointment of William “Bill” Kinnard as Vice President of Client Experience. Kinnard has over 18 years of experience in leading […]
Pilatus Bank COO Luis Rivera Pilatus Bank COO Luis Rivera We are living in a constantly evolving digital landscape says Pilatus Bank. Fintech startups and challenger banks are continuously launching innovative and advanced digital products on the market. Consumers experience instant gratification with immediate access to the latest technologies via their always-on mobile phones, Wi-Fi-connected […]
Dublin, Nov. 20, 2017 (GLOBE NEWSWIRE) — The “Future of Digital Banking” report has been added to Research and Markets’ offering. This report on the Future of Digital Banking’ offers banks looking to invest in their digital banking initiatives, and fintech companies looking to address this market, a single source of information and objective assessments […]
Funding led by Index Ventures will enable construction lending innovator to capitalize on accelerated growth, deepen team, and bolster investments in data utilization for industry NASHVILLE, Tenn., Nov. 15, 2017 (GLOBE NEWSWIRE) — Built, the Nashville, TN based technology company bringing construction lending into the digital age, today reached a pivotal point in the company’s […]
Bringing a much needed, rapidly implementable end-to-end open banking solution to clients across the globe NEW YORK, NY and LONDON, UNITED KINGDOM and DUBAI, UNITED ARAB EMIRATES and MEXICO CITY, MEXICO–(Marketwired – November 15, 2017) – Volante Technologies Inc.,a global provider of software for the integration, processing and orchestration of payments and financial messages on […]
• Regulatory requirements and technology innovation seen as driving back-office transformation • Results also find growing urgency to centralize data and automate processes Pittsburgh, PA, Nov. 14, 2017 (GLOBE NEWSWIRE) — Confluence, the global leader in investment data management automation for regulatory, financial and investor reporting, today released the results of its 2017 Asset Management […]
NEW YORK, NY–(Marketwired – October 30, 2017) – 3d innovations, a data management software and services firm, today announced it has hired market data specialist Greg Kozar to head up its main consulting and product competencies in the U.S. and Canada. Stephen Veasey, CEO, 3di, says, “60 percent of our client base is in North […]
Family Banking Product, In-House Credit Card Program and Annual Report Recognized in 2017 SAN JOSE, Calif., Oct. 26, 2017 (GLOBE NEWSWIRE) — Tech CU (Technology Credit Union) today announced that it has won two Credit Union Journal Best Practices Awards for its Family Banking product and in-house credit card program. Tech CU also won a Gold […]
RICHMOND, Va., Oct. 25, 2017 (GLOBE NEWSWIRE) — Xenith Bankshares, Inc. (Nasdaq:XBKS), parent company of Xenith Bank, announced financial results for the three and nine months ended September 30, 2017. The company reported net income of $7.158 million, or $0.30 per diluted share, for the third quarter of 2017. Results for the third quarter of […]
