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Jumio Records Largest Sales Quarter to Date, Extends its Leadership in Financial Services to the Bitcoin and ICO Markets

Jumio Records Largest Sales Quarter to Date, Extends its Leadership in Financial Services to the Bitcoin and ICO Markets

Demand for bitcoin is triggering the top cryptocurrency exchanges and ICO issuers to leverage Jumio’s Netverify to increase investor trust, improve credibility, and comply with emerging compliance directives PALO ALTO, CA–(Marketwired – Oct 23, 2017) – Jumio Corporation today announced that Q3 sales increased 411 percent year-over-year as a result of increased sales in the […]

Too-big-to-fail banks need to revisit their fintech strategy as it might pose a systemic risk, explains the Chairman of Pilatus Bank

Too-big-to-fail banks need to revisit their fintech strategy as it might pose a systemic risk, explains the Chairman of Pilatus Bank

LONDON, Oct. 19, 2017 (GLOBE NEWSWIRE) — The global economic system has long been affected by financial institutions being so large and interconnected that their failure could bring about an enormous financial crisis. Ali Sadr, Chairman of Pilatus Bank, believes that this has led to a complacency that potentially could impose a systemic risk on […]

PhillipCapital is a New Customer of Validus

PhillipCapital is a New Customer of Validus

AUSTIN, Texas, Oct. 18, 2017 (GLOBE NEWSWIRE) — Eventus Systems, Inc. (“Eventus”), a provider of innovative regtech software solutions, announced that Phillip Capital Inc. (“PhillipCapital”) is a client of its Validus risk and surveillance platform.  Validus provides a centralized view of trading, operations, surveillance, compliance and risk management information for a wide range of financial […]

Banks, Under Pressure, Must Act to Protect Customer Relationships in Payments

Banks, Under Pressure, Must Act to Protect Customer Relationships in Payments

As Diverse Digital Competitors Vie for Parts of the Payments Ecosystem, Incumbents Must Deepen Ties to Customers to Remain Dominant Players, Says Report by The Boston Consulting Group BOSTON, Oct. 16, 2017 (GLOBE NEWSWIRE) — Facing growing incursion from a diverse group of rivals—including digital giants, fintechs, device manufacturers, and retailers—banks need to reinvent their […]

Robert Reed Joins Tech CU as Chief Retail Banking Officer and Executive Vice President

Robert Reed Joins Tech CU as Chief Retail Banking Officer and Executive Vice President

Will Oversee Member Services and Retail Banking Functions SAN JOSE, Calif., Oct. 12, 2017 (GLOBE NEWSWIRE) — Tech CU (Technology Credit Union) announced today that Robert Reed has joined the company as its new Chief Retail Banking Officer and Executive Vice President. He will be responsible for delivering an incredible member experience by leading the company’s […]

Newtek Small Business Finance Maintains Position as Largest Non-Bank SBA 7(a) Lender

Newtek Small Business Finance Maintains Position as Largest Non-Bank SBA 7(a) Lender

Ranked #7 Among All Bank and Non-Bank SBA 7(a) Lenders LAKE SUCCESS, N.Y., Oct. 10, 2017 (GLOBE NEWSWIRE) — Newtek Business Services Corp. (“Newtek” or the “Company”) (NASDAQ:NEWT), an internally managed business development company (“BDC”), today announced that its wholly owned subsidiary Newtek Small Business Finance, LLC (“NSBF”) maintained its position as the largest non-bank […]

Volante Technologies VolPay Hub Fully Tested, Qualified and Integrated with TokenOS to Accelerate Adoption of Open Banking

Volante Technologies VolPay Hub Fully Tested, Qualified and Integrated with TokenOS to Accelerate Adoption of Open Banking

Giving banks quick connectivity to members in the Token ecosystem NEW YORK, NY and LONDON, UNITED KINGDOM and DUBAI, UNITED ARAB EMIRATES and MEXICO CITY, MEXICO–(Marketwired – October 10, 2017) – Volante Technologies Inc., a global provider of payments and message integration software, today announced that VolPay Hub is fully tested, qualified and integrated with […]

Tech CU Introduces Commercial Solar Financing Program with Belvedere Solar Finance

Tech CU Introduces Commercial Solar Financing Program with Belvedere Solar Finance

Program Designed for Tech CU’s Commercial, Non-Profit and Government Members SAN JOSE, CA–(Marketwired – October 05, 2017) – Tech CU (Technology Credit Union), in conjunction with Belvedere Solar Finance, today announced that it is introducing a solar financing program for its commercial, non-profit and government members. The program will allow members to finance solar systems […]

Tech CU Launches Card Manager

Tech CU Launches Card Manager

Provides Debit and Credit Card Holders with Real-Time Visibility into Transactions and Control Over Card Features SAN JOSE, CA–(Marketwired – September 21, 2017) – Tech CU (Technology Credit Union) today announced the launch of Card Manager, an intuitive mobile app that allows Tech CU credit and debit card holders to: Control when and where cards […]

ETC Selects Eventus Systems for Its State of the Art Trading Risk Management Platform

ETC Selects Eventus Systems for Its State of the Art Trading Risk Management Platform

Validus Cloud, an innovative regtech software solution, to provide a centralized view into trading, operations, surveillance, and compliance AUSTIN, Texas, Sept. 14, 2017 (GLOBE NEWSWIRE) — Eventus Systems, Inc. (“Eventus”), a provider of innovative regtech software solutions announced that Electronic Transaction Clearing, Inc. (“ETC”) is now a client of its Validus risk and surveillance platform. […]

Jumio Doubles Sales in Q2 2017 by Helping Banks and Financial Institutions Reliably Know Their Customers thumbnail

Jumio Doubles Sales in Q2 2017 by Helping Banks and Financial Institutions Reliably Know Their Customers

Digital ID Verification Leader Opens Wall Street Presence to Better Serve U.S. Financial Services Customers PALO ALTO, CA–(Marketwired – Sep 6, 2017) – Jumio Corporation today announced that Q2 sales were up 87 percent year-over-year due to sales within the financial services sector, with large sales to major US banks, cryptocurrency exchanges, and payment platforms. […]

Tech CU Provides $3 Million Real Estate Loan to Fund the Acquisition of Commercial Property in San Jose, CA

Tech CU Provides $3 Million Real Estate Loan to Fund the Acquisition of Commercial Property in San Jose, CA

Credit Union Partners with Former Intero Owners Tom Tognoli and John Thompson to Help Fuel Local Economy SAN JOSE, CA–(Marketwired – September 05, 2017) – Tech CU (Technology Credit Union) announced today that it is providing a $3 million commercial real estate loan to property developers and real estate investors Tom Tognoli and John Thompson, […]

Tech CU Wins Desjardins Adult Financial Education and Dora Maxwell Social Responsibility Awards Two Years in a Row

Tech CU Wins Desjardins Adult Financial Education and Dora Maxwell Social Responsibility Awards Two Years in a Row

CUNA Awards Celebrate Tech CU’s Efforts to Teach Financial Education and Contribute to the Community SAN JOSE, CA–(Marketwired – August 10, 2017) – Tech CU (Technology Credit Union) today announced that it has won two CUNA awards: second place for the Desjardins Adult Financial Education award and an honorable mention for the Dora Maxwell Social […]

Symphony Software Foundation Sets Out to Build a New Fintech Innovation Model thumbnail

Symphony Software Foundation Sets Out to Build a New Fintech Innovation Model

Adds four new Silver Members: Arcontech, BankEX, Cloud9 Technologies and FinTech Studios PALO ALTO, CA–(Marketwired – July 25, 2017) – Symphony Software Foundation (the Foundation), the nonprofit organization fostering innovation in financial services through open source software (OSS), continues to build on its 2016 growth, paving the path for a new fintech innovation model based […]

Continuity Adds Alexandra Ramin to the Executive Team as Chief Product Officer

Continuity Adds Alexandra Ramin to the Executive Team as Chief Product Officer

Company seeks to expand its product leadership with a seasoned product & integration professional NEW HAVEN, Conn., July 17, 2017 (GLOBE NEWSWIRE) — To help continue adoption across the industry, expand product offerings and quickly integrate targeted acquisitions, the company has hired Alexandra Ramin as its new Chief Product Officer. Alexandra (Alex) brings two decades […]

IIROC Extends Contract with Nasdaq SMARTS, Bolsters Surveillance Technology

IIROC Extends Contract with Nasdaq SMARTS, Bolsters Surveillance Technology

TORONTO and NEW YORK, July 14, 2017 (GLOBE NEWSWIRE) — The Investment Industry Regulatory Organization of Canada (IIROC) and Nasdaq, Inc. (Nasdaq:NDAQ) have signed an agreement which extends the surveillance technology relationship between IIROC and Nasdaq’s SMARTS. In this new phase, IIROC will increase its capabilities in advancing its cross-market, multi-asset surveillance across five stock exchanges and eight […]

Tech Capital, LLC Provides $2 Million Asset-Based Loan to Gemini Duplication, Inc.

Tech Capital, LLC Provides $2 Million Asset-Based Loan to Gemini Duplication, Inc.

Loan will support company’s acquisition strategy and technology investments SAN JOSE, CA–(Marketwired – July 12, 2017) – Tech Capital, LLC, the asset-based finance company and wholly-owned subsidiary of Tech CU, today announced that it has originated a $2 million asset-based loan for Gemini Duplication, Inc. The company provides statewide legal document evidence retrieval for California […]

Jumio partners with Monzo for strong identity verification

Jumio partners with Monzo for strong identity verification

Trusted identity verification expert joins with pioneering bank to verify new users and support Know-Your-Customer (KYC) requirements PALO ALTO, CA and LONDON, UNITED KINGDOM–(Marketwired – Jun 26, 2017) – Jumio, the creator of Netverify® Trusted Identity as a Service (TIaaS), has today announced a partnership with Monzo, which will see the digital challenger bank use […]

Tech CU Named a Top 100 Bay Area Corporate Philanthropist by San Francisco Business Times; Wins Stevie Awards for Financial Services Marketing Campaign of the Year and Annual Report and MAC Award for Best Annual Report

Tech CU Named a Top 100 Bay Area Corporate Philanthropist by San Francisco Business Times; Wins Stevie Awards for Financial Services Marketing Campaign of the Year and Annual Report and MAC Award for Best Annual Report

SAN JOSE, CA–(Marketwired – June 15, 2017) – Tech CU (Technology Credit Union) announced today it was selected as a Top 100 Bay Area Corporate Philanthropist by the San Francisco Business Times. The credit union also won two bronze Stevie Awards for Financial Services Marketing Campaign of the Year and Annual Report, and a silver […]

3d innovations Hires Industry and IPUG Vet John Ikel to Head up its Data Compliance and Licensing Function

3d innovations Hires Industry and IPUG Vet John Ikel to Head up its Data Compliance and Licensing Function

LONDON, UNITED KINGDOM–(Marketwired – June 07, 2017) – 3d innovations (3di), a global data management software and services firm to buy and sell side participants, has hired market data specialist John Ikel from BNP Paribas to head up its main consulting and product unit for data governance. Janelle Veasey, director and co-founder, 3d innovations, said, […]

Mike Floyd Joins Tech CU as Chief Credit Officer and Executive Vice President

Mike Floyd Joins Tech CU as Chief Credit Officer and Executive Vice President

30-Year Industry Veteran Tapped to Ensure the Continued Safety and Soundness of Tech CU’s Loan Portfolio SAN JOSE, CA–(Marketwired – May 24, 2017) – Tech CU (Technology Credit Union) announced today that Mike Floyd has joined the company as its new Chief Credit Officer and Executive Vice President. An industry veteran, Floyd is responsible for […]

Titan Regulation and Eventus Systems Announce Strategic Partnership

Titan Regulation and Eventus Systems Announce Strategic Partnership

Real-time analytics and risk mitigation system enhances the precision of audit services and reduces compliance costs and risks AUSTIN, Texas and SAN FRANCISCO, May 16, 2017 (GLOBE NEWSWIRE) — Titan Regulation (“Titan”), a provider of compliance solutions to the financial services industry, and Eventus Systems, Inc. (“Eventus”), a leading national provider of real-time analytics and risk […]

Tech CU Provides $8.5 Million Construction Loan for Presidio Bay Ventures to Create a Multifamily Development in San Francisco’s Dogpatch Neighborhood

Tech CU Provides $8.5 Million Construction Loan for Presidio Bay Ventures to Create a Multifamily Development in San Francisco’s Dogpatch Neighborhood

First “Ground Up” Construction Project in San Francisco Broadens Tech CU’s Market Presence SAN JOSE, CA–(Marketwired – May 15, 2017) – Tech CU (Technology Credit Union) announced today that it is providing an $8.5 million construction loan for Presidio Bay Ventures, LLC. The loan will fund the development of a 20-unit, multifamily project in San […]

Tech CU Honored with Four Prestigious Award Wins

Tech CU Honored with Four Prestigious Award Wins

COO and EVP Jeannine Jacobsen Named a Silicon Valley Business Journal 2017 Woman of Influence; Tech CU also a Winner of the Hermes Creative Awards, AVA Digital Awards and a Credit Union Journal Best Practices Award SAN JOSE, CA–(Marketwired – May 01, 2017) – Tech CU (Technology Credit Union) today announced four significant award wins […]

Continuity Adds Industry Veteran to the Executive Team as Chief Sales Officer

Continuity Adds Industry Veteran to the Executive Team as Chief Sales Officer

Company seeks to accelerate its strong growth and expand its leadership with a seasoned, FinTech professional NEW HAVEN, Conn., May 01, 2017 (GLOBE NEWSWIRE) — After quarter over quarter client growth throughout 2016 and Q1 2017 Continuity’s RegAdvisor® Pro and RegControls™ proves to be the RegTech, compliance management solution financial institutions (FIs) need. To help […]

ONE Savings Bank PLC : Annual Financial Report

ONE Savings Bank PLC : Annual Financial Report

OneSavings Bank plc(the Company) 2016 Annual Report and Accounts The following regulated information, disseminated pursuant to DTR6.3.5, comprises the 2016 Annual Report and Accounts which was sent to shareholders of OneSavings Bank plc on 31 March 2017. A copy of the Annual Report and Accounts is available at www.osb.co.uk. Enquiries: OneSavings Bank plcNickesha Graham-BurrellDeputy Company […]

Skandiabanken becomes largest shareholder in Quantfolio. Increases focus on private savings. thumbnail

Skandiabanken becomes largest shareholder in Quantfolio. Increases focus on private savings.

Bergen 23.3.2017: Skandiabanken aims to strengthen the private savings division by offering robo-advisory services, simplified, and with transparent pricing. Friday the 17th of March Skandiabanken entered an agreement to purchase 39,9% of the shares in Quantfolio AS. The investment represents an important step in the banks ongoing work to further strengthen and facilitate user-friendly digital saving […]

Tech CU’s Jeannine Jacobsen Wins YWCA Silicon Valley Tribute to Women Award

Tech CU’s Jeannine Jacobsen Wins YWCA Silicon Valley Tribute to Women Award

SAN JOSE, CA–(Marketwired – March 13, 2017) – Tech CU (Technology Credit Union) announced today that Chief Operating Officer and Executive Vice President Jeannine Jacobsen has won the YWCA Tribute to Women Award. Since 1984, the YWCA Silicon Valley Tribute to Women Awards has honored women in executive level positions and the companies who employ […]

Finquest Acquires Detecq to Strengthen Presence in Asia’s Tech M&A sector

Finquest Acquires Detecq to Strengthen Presence in Asia’s Tech M&A sector

HONG KONG, CHINA and SINGAPORE–(Marketwired – Feb 22, 2017) – Finquest acquires Detecq to help global investors, M&A advisors and mid-sized Asian technology companies take advantage of booming interest in the tech sector Fast-growing global platform for mid-market direct investment and M&A in Asia adds tech sector expertise to strengthen presence and bring added values […]

Joe Anzalone Joins Housing Trust Silicon Valley’s Board of Directors

Joe Anzalone Joins Housing Trust Silicon Valley’s Board of Directors

Board’s goal is to make housing more affordable in Silicon Valley SAN JOSE, CA–(Marketwired – February 15, 2017) – Today, Tech CU (Technology Credit Union) announced that its Executive Vice President and Chief Commercial Banking Officer, Joe Anzalone, has joined the Housing Trust Board of Directors. Founded in 1998, the Housing Trust’s mission is make […]

KBC Group: Ireland new core market of KBC Group. KBC Bank Ireland : a Digital-First Customer Centric Bank.

KBC Group: Ireland new core market of KBC Group. KBC Bank Ireland : a Digital-First Customer Centric Bank.

body { font-family: Arial, Verdana, Helvetica; font-size: 13px;} table.hugin { border-color:black;} td.hugin { padding: 3px; border-color:black;} Press Release Outside trading hours – Regulated information* Brussels, 9 February 2017 (07.00 a.m. CET) Ireland: new core market of KBC Group. KBC Bank Ireland : a Digital-First Customer  Centric Bank. During its meeting yesterday, the Board of Directors […]

KBC Group: Ireland: new core market of KBC Group. KBC Bank Ireland : a Digital-First Customer Centric Bank. (incl Dutch & French attachm)

KBC Group: Ireland: new core market of KBC Group. KBC Bank Ireland : a Digital-First Customer Centric Bank. (incl Dutch & French attachm)

body { font-family: Arial, Verdana, Helvetica; font-size: 13px;} table.hugin { border-color:black;} td.hugin { padding: 3px; border-color:black;} Press Release Outside trading hours – Regulated information* Brussels, 9 February 2017 (07.00 a.m. CET) Ireland: new core market of KBC Group. KBC Bank Ireland : a Digital-First Customer  Centric Bank. During its meeting yesterday, the Board of Directors […]

Metro Bank Accelerates Project Delivery Using Delphix

Metro Bank Accelerates Project Delivery Using Delphix

Delphix Software Dramatically Reduces Application Time, Enabling Bank to Achieve ROI in Just Six Weeks LONDON, UNITED KINGDOM–(Marketwired – Feb 8, 2017) – Delphix, the market leader in data virtualisation, has announced that the UK’s leading challenger bank, Metro Bank, has dramatically accelerated project delivery, cutting data provisioning time by 80 per cent, following the […]

Bottomline Technologies Set to Power Real-time Credit Transfers for European Banks

Bottomline Technologies Set to Power Real-time Credit Transfers for European Banks

LONDON, Feb. 08, 2017 (GLOBE NEWSWIRE) — Bottomline Technologies (NASDAQ:EPAY), a leading provider of technology solutions to help businesses pay and get paid, has been named as a Front Runner Provider by EBA Clearing for the pan-European EBA SEPA Instant Credit Transfer Scheme. The new Instant Credit Transfer Scheme will enable businesses and consumers to […]

Tech CU Provides $7 Million Commercial Real Estate Loan to Dollinger Properties; Funds Innovations Health’s Acquisition of Local Pediatric Businesses via SBA (7) Loan

Tech CU Provides $7 Million Commercial Real Estate Loan to Dollinger Properties; Funds Innovations Health’s Acquisition of Local Pediatric Businesses via SBA (7) Loan

Loans will support the acquisition of a San Jose office building (Dollinger Properties) and facilities providing complex care to medically fragile children (Innovations Health) SAN JOSE, CA–(Marketwired – January 31, 2017) – Tech CU (Technology Credit Union) announced today that it has provided a $7 million commercial real estate loan to Dollinger Properties to support […]

Eagle Bancorp, Inc. Announces Record Earnings Representing a 16% Increase for the Full Year 2016 and a 15% Increase in Net Income for the Fourth Quarter 2016

Eagle Bancorp, Inc. Announces Record Earnings Representing a 16% Increase for the Full Year 2016 and a 15% Increase in Net Income for the Fourth Quarter 2016

BETHESDA, Md., Jan. 18, 2017 (GLOBE NEWSWIRE) — Eagle Bancorp, Inc. (the “Company”) (NASDAQ:EGBN), the parent company of EagleBank, today announced record quarterly net income of $25.7 million for the three months ended December 31, 2016, a 15% increase over the $22.3 million net income for the three months ended December 31, 2015.  Net income […]

Eze Software Group Opens Toronto Office

Eze Software Group Opens Toronto Office

Builds On Continuous Growth in North America BOSTON, Dec. 20, 2016 (GLOBE NEWSWIRE) — Eze Software Group, a premier provider of global investment management technology, has opened a new office in Toronto. The Toronto location marks a new chapter in Eze Software’s growth in North America, enabling the team to provide faster on-the-ground support for […]

Polsinelli Hosts Panel on Recent Developments in FinTech and How They Will Affect Banking and Regulation

Polsinelli Hosts Panel on Recent Developments in FinTech and How They Will Affect Banking and Regulation

NEW YORK, NY–(Marketwired – Dec 15, 2016) –  Polsinelli, an Am Law 100 firm, held a panel discussion Thursday at their New York office about the legal and regulatory challenges banks are facing as they look to adopt to financial technology (FinTech).  The development of FinTech presents new opportunities for incumbent banks to revolutionize their […]

Corporate Banks Need Radical Shift to Remain Viable

Corporate Banks Need Radical Shift to Remain Viable

As Costs Rise and Margins Fall, Institutions Must Commit to Strategic Digital Transformation and Sharply Lift Performance to Survive Industry Disruption and Emerge Stronger, Says Report by The Boston Consulting Group BOSTON, MA–(Marketwired – Dec 12, 2016) – Corporate banks must reinvent themselves to adapt to a new climate in which digitally enabled business models […]

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