Globe Newswire

Kony Announces Strategic Partnership with Payveris to Deliver Innovative Digital Payments Solutions

Kony Announces Strategic Partnership with Payveris to Deliver Innovative Digital Payments Solutions

Collaboration to Enhance the Kony DBX Portfolio of Next Generation Digital Application and Platform Offerings CROMWELL, Conn., Aug. 28, 2018 (GLOBE NEWSWIRE) — Kony, Inc., a leading provider of digital banking solutions, today announced a strategic partnership with Payveris LLC, the fastest-growing provider of digital money movement technology to financial institutions. By collaborating with Payveris, […]

Sheila Ryan joins Clear Capital as Chief People Officer thumbnail

Sheila Ryan joins Clear Capital as Chief People Officer

Sheila Ryan joins Clear Capital as Chief People Officer Clear Capital announced Sheila Ryan has joined the company as Chief People Officer National real estate technology company hires 116 people so far this year RENO, Nev., Aug. 16, 2018 (GLOBE NEWSWIRE) — Clear Capital today announced Sheila Ryan has joined the company as Chief People […]

Paylocity to Attend Upcoming Investor Conferences

Paylocity to Attend Upcoming Investor Conferences

SCHAUMBURG, Ill., Aug. 15, 2018 (GLOBE NEWSWIRE) — Paylocity Holding Corporation (Nasdaq: PCTY), a leading cloud-based provider of payroll and human capital management software solutions, announced today its attendance at two upcoming investor conferences. Chief Financial Officer Toby Williams and VP of FP&A and Investor Relations, Ryan Glenn, will attend the Raymond James SMID Cap […]

Progressa Closes $84 Million Funding Round Co-Led by Canaccord Genuity and Gravitas Securities, Supporting Record Growth

Progressa Closes $84 Million Funding Round Co-Led by Canaccord Genuity and Gravitas Securities, Supporting Record Growth

TORONTO, Aug. 14, 2018 (GLOBE NEWSWIRE) — Progressa, a Vancouver and Toronto based financial technology company, announced today it has successfully closed an $84 million equity and loan funding round. The equity financing was co-led by Canaccord Genuity Corp. and Gravitas Securities Inc. and included Eight Capital and Paradigm Capital as part of the syndicate. […]

FactSet Declares Dividend

FactSet Declares Dividend

NORWALK, Conn., Aug. 10, 2018 (GLOBE NEWSWIRE) — FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading services, today announced that its Board of Directors approved a regular quarterly cash dividend of $0.64 per share.  The cash dividend will be paid on September 18, 2018 to holders of record of […]

Masaref shakes up the Egyptian banking industry

Masaref shakes up the Egyptian banking industry

LONDON, Aug. 08, 2018 (GLOBE NEWSWIRE) — As economic growth in Egypt continues to pick up, thanks to increased foreign investment and robust domestic consumption, stability endures in Egypt’s financial sector. Against this positive backdrop, a number of key financial players in Egypt are pressing forward with innovation and expansion – bringing with them new […]

Ebix Acquires Two Leading Travel Companies – Mercury Travels and Leisure Corp, to Launch Niche Luxury Travel Brand

Ebix Acquires Two Leading Travel Companies – Mercury Travels and Leisure Corp, to Launch Niche Luxury Travel Brand

JOHNS CREEK, Ga., Aug. 02, 2018 (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 one of its Indian subsidiaries has signed agreements to acquire Mumbai based Mercury Travels and Delhi based Leisure Corp for a […]

FactSet Announces Helen Shan as New Chief Financial Officer

FactSet Announces Helen Shan as New Chief Financial Officer

NORWALK, Conn., July 27, 2018 (GLOBE NEWSWIRE) — FactSet, a global provider of integrated financial information, analytical applications, and industry-leading services, today announced that Helen Shan will join as Chief Financial Officer (CFO) in September, 2018. Shan has more than 25 years of experience in business and financial services, and has held key executive roles […]

Live Oak Bancshares, Inc. Reports Second Quarter 2018 Results

Live Oak Bancshares, Inc. Reports Second Quarter 2018 Results

WILMINGTON, N.C., July 25, 2018 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (Nasdaq:LOB) (“Live Oak” or “the Company”) today reported second quarter net earnings available to common shareholders of $14.3 million, or $0.34 per diluted share, compared to $9.8 million, or $0.27 per diluted share, for the second quarter of 2017. “The power of the […]

ScratchWorks Recognized as a Finalist in the 2018 WealthManagement.com Industry Awards Program

ScratchWorks Recognized as a Finalist in the 2018 WealthManagement.com Industry Awards Program

The financial technology accelerator is recognized as a technology disruptor. Overland Park, Kan., July 24, 2018 (GLOBE NEWSWIRE) — ScratchWorks, a financial technology accelerator that connects innovative technology companies with investment and wealth management industry leaders, today announced it has been honored as a 2018 Industry Award finalist by WealthManagement.com. The recognition honors outstanding achievement […]

Ebix Acquires Pune Based Indus Software Technologies and Takes Leading Position in the Area of Providing Enterprise Lending Technology to Insurance & Financial Institutions

Ebix Acquires Pune Based Indus Software Technologies and Takes Leading Position in the Area of Providing Enterprise Lending Technology to Insurance & Financial Institutions

JOHNS CREEK, Ga., July 20, 2018 (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 it has acquired India based Indus Software Technologies Pvt. Ltd. (Indus), a global provider of enterprise Lending software solutions to financial institutions, […]

Double Win for Jumio and Monzo at the UK Digital Awards 2018 thumbnail

Double Win for Jumio and Monzo at the UK Digital Awards 2018

FinTech duo recognised for exceptional user experience during the account onboarding process Jumio and Monzo win two gold awards at UK Digital Awards 2018 FinTech duo Jumio and Monzo were recognised for exceptional user experience during the account onboarding process. LONDON, July 18, 2018 (GLOBE NEWSWIRE) — Jumio and Monzo have been recognised for their […]

Sbanken ASA : Strong growth in profitability

Sbanken ASA : Strong growth in profitability

Bergen, 13 July 2018. The Sbanken group had a strong growth in lending in the second quarter of 2018.The net profit increased to NOK 209.2 million, compared with NOK 154.7 million in the second quarter last year. The increase in profit was primarily a result of gains from the Vipps, BankAxept and BankID merger and […]

Umpqua Holdings Corporation Names Shawn Ahmed President and CEO of Pivotus, Inc. thumbnail

Umpqua Holdings Corporation Names Shawn Ahmed President and CEO of Pivotus, Inc.

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 […]

Voting for the World Finance Digital Banking Awards is now open

Voting for the World Finance Digital Banking Awards is now open

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, […]

Liechtenstein leads the change towards sustainable finance

Liechtenstein leads the change towards sustainable finance

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 […]

Stefanini Highlights Agile Solutions to Digitally Transform the Banking Market

Stefanini Highlights Agile Solutions to Digitally Transform the Banking Market

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 […]

Live Oak Bank Surpasses $500 Million in Renewable Energy Loans

Live Oak Bank Surpasses $500 Million in Renewable Energy Loans

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 […]

Mitek and Signicat partner to improve digital customer on-boarding for financial institutions

Mitek and Signicat partner to improve digital customer on-boarding for financial institutions

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 […]

Live Oak Bank Surpasses $100 Million in Insurance Loans

Live Oak Bank Surpasses $100 Million in Insurance Loans

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 Wins Best Time Synchronisation Solution at A-Team Group’s RegTech Awards 2018 thumbnail

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 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 […]

Black Knight Enables Digital Loan Data and Document Fulfillment with Lender Price, Expands Collaboration Via Agnostic APIs

Black Knight Enables Digital Loan Data and Document Fulfillment with Lender Price, Expands Collaboration Via Agnostic APIs

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 Wins CUNA Diamond and Communitas Awards

Tech CU Wins CUNA Diamond and Communitas Awards

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 […]

Microsoft and BankSight Collaborate with Judo Capital to Deliver Innovative Small Business Lending Platform

Microsoft and BankSight Collaborate with Judo Capital to Deliver Innovative Small Business Lending Platform

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 […]

Franklin Templeton Acquires Data Science Investment Firm Random Forest Capital

Franklin Templeton Acquires Data Science Investment Firm Random Forest Capital

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 […]

No Borders, Inc. (OTC: NBDR) Successfully Finalizes Reverse Merger with Lannister Holdings, Inc.

No Borders, Inc. (OTC: NBDR) Successfully Finalizes Reverse Merger with Lannister Holdings, Inc.

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 […]

FORMER NYMEX PRESIDENT TO LAUNCH WORLD’S FIRST DIGITAL ASSET EXCHANGE FOR HIGH-FREQUENCY TRADING

FORMER NYMEX PRESIDENT TO LAUNCH WORLD’S FIRST DIGITAL ASSET EXCHANGE FOR HIGH-FREQUENCY TRADING

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 […]

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

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

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, […]

Open Source Strategy Forum Announces 2018 Event in London and Opens Call for Papers thumbnail

Open Source Strategy Forum Announces 2018 Event in London and Opens Call for Papers

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 […]

Future of Digital Banking Report 2018 with Profiles of Players Across Internet & Mobile Banking, Cloud, Mobile Wallet, Payment Gateway, Crypto-Currencies, Big Data and Security Service Providers

Future of Digital Banking Report 2018 with Profiles of Players Across Internet & Mobile Banking, Cloud, Mobile Wallet, Payment Gateway, Crypto-Currencies, Big Data and Security Service Providers

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, […]

Volante Technologies supports SWIFT Standards Release 201

Volante Technologies supports SWIFT Standards Release 201

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 […]

Global Banking Recovery Stalls, as Risk and Regulatory Costs Bite thumbnail

Global Banking Recovery Stalls, as Risk and Regulatory Costs Bite

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 […]

Confluence and ICE Data Services to Help Firms Meet SEC Modernization Reporting Requirements

Confluence and ICE Data Services to Help Firms Meet SEC Modernization Reporting Requirements

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 […]

Tech CU Provides $23 Million Construction Loan to W.L. Butler, Inc. to Develop a new Apartment Project Overlooking San Mateo’s Central Park

Tech CU Provides $23 Million Construction Loan to W.L. Butler, Inc. to Develop a new Apartment Project Overlooking San Mateo’s Central Park

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 […]

3D Innovations (3di) Reaches Impressive Milestone in Licensing Cost Avoidance on Behalf of Clients thumbnail

3D Innovations (3di) Reaches Impressive Milestone in Licensing Cost Avoidance on Behalf of Clients

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 Discusses Whether FinTech is the ultimate solution to our everyday banking needs thumbnail

Pilatus Bank Chairman Discusses Whether FinTech is the ultimate solution to our everyday banking needs

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 […]

Northrim BanCorp Earns $13.2 million, or $1.88 per Diluted Share, in 2017 Gain from Sale of Subsidiary, Revaluation of Deferred Tax Assets, and Other Non-Operating Items Impact Profits

Northrim BanCorp Earns $13.2 million, or $1.88 per Diluted Share, in 2017 Gain from Sale of Subsidiary, Revaluation of Deferred Tax Assets, and Other Non-Operating Items Impact Profits

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 COO addresses the challenges banks face in their quest for digital transformation thumbnail

Pilatus Bank COO addresses the challenges banks face in their quest for digital transformation

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 […]

SALT’s Lending Platform to Allow WAX Tokens as Collateral for Loans

SALT’s Lending Platform to Allow WAX Tokens as Collateral for Loans

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 […]

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