Globe Newswire


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

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

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

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.

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)

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

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

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

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

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

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

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

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 […]

Eventus Systems Adds Surveillance and Compliance for Global Futures Trading

The Fast Growing FinTech and RegTech Company Opens New York Office To Meet Increased Demand for Its Alert, Reporting and Monitoring Software Scott Schroeder, Managing Director, Eventus Systems Scott Schroeder will head up the New York office of Eventus Systems. AUSTIN, Texas, Nov. 17, 2016 (GLOBE NEWSWIRE) — Fresh off CEO Travis Schwab’s appearance on […]

Skandiabanken ASA : Chooses Bleed for rebranding

Skandiabanken has chosen the design studio Bleed as their main partner for rebranding of the digital challenger bank. Change of name and a new look and feel will be central parts of the assignment. Following a bureau competition, Norway’s leading internet bank has chosen  Bleed as their main partner in the process of strengthening the […]

Xenith Bankshares, Inc. Reports Third Quarter and Year-to-Date 2016 Results

Results Reflect the Reversal of Substantially All of the Remaining DTA Valuation Allowance RICHMOND, Va., Nov. 14, 2016 (GLOBE NEWSWIRE) — Xenith Bankshares, Inc. (Nasdaq:XBKS), parent company of Xenith Bank, formerly known as Hampton Roads Bankshares, Inc. (HMPR) and Bank of Hampton Roads, respectively, today announced financial results for the three and nine months ended […]

Tech CU Named One of Silicon Valley’s Most Philanthropic Companies and a Family Friendly Workplace; Wins Three International MarCom Awards for its Advertising Campaign, Website and Annual Report

SAN JOSE, CA–(Marketwired – November 01, 2016) – 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, received a certificate of recognition for being a family friendly workplace and won three MarCom Awards: platinum for its Bank Happily Ever After […]

Tech CU Provides a $5.5 Million Commercial Loan for a Boutique Apartment Property in San Francisco’s Russian Hill

Loan will support new amenities, green building upgrades, accessory dwelling units SAN JOSE, CA–(Marketwired – October 26, 2016) – Tech CU (Technology Credit Union) announced today the funding of a $5.5 million commercial loan to support the refinance of a circa-1910 boutique apartment property located in the Russian Hill neighborhood of San Francisco. A portion […]

Canadian Small Businesses Anticipate Hiring Spree in 2017 – Equifax Canada Survey

43% Want to Grow But Have Limited Access to Business Financing TORONTO, ONTARIO–(Marketwired – Oct. 24, 2016) – (NYSE:EFX) – Three-in-four small business owners (77 per cent) say they will likely be hiring employees for new positions over the next 12 months, according to a survey conducted by Equifax Canada. Additionally, 43 per cent of […]

OnDeck Inks Agreement with Orchard

OnDeck selects Orchard Platform to provide reporting and data analytics for OnDeck Marketplace(R) NEW YORK, NY–(Marketwired – Oct 20, 2016) – Orchard Platform, the leading technology and data provider for online lending, today announced an agreement with OnDeck® (NYSE: ONDK), the leader in online lending for small business to provide OnDeck with an automated and […]

Eagle Bancorp, Inc. Announces Its 31st Consecutive Quarter of Record Earnings With Third Quarter 2016 Net Income Up 14% Over 2015

BETHESDA, Md., Oct. 19, 2016 (GLOBE NEWSWIRE) — Eagle Bancorp, Inc. (the “Company”) (NASDAQ:EGBN), the parent company of EagleBank, today announced record quarterly net income of $24.5 million for the three months ended September 30, 2016, a 14% increase over the $21.5 million net income for the three months ended September 30, 2015. Net income […]

Nvoicepay and Napier Park Financial Partners Close Growth Equity Investment

Napier Park Financial Partners Leads Round to Fuel Growth of Leading B2B Payment Automation Provider BEAVERTON, OR and SAN FRANCISCO, CA–(Marketwired – Oct 19, 2016) – Nvoicepay, the leader in payment automation software for the enterprise, and Napier Park Financial Partners, Napier Park Global Capital’s private equity group, jointly announced a $10 million growth equity […]

Eze Software Group Ranked Among Top 100 FinTech Companies

IDC, American Banker/BAI Recognize Growth, Service BOSTON, Oct. 05, 2016 (GLOBE NEWSWIRE) — Eze Software Group, a premier provider of global investment technology, has been ranked among the top 100 financial technology companies in two prestigious industry surveys. Eze was ranked #52 in the American Banker/BAI Fintech Forward ranking, and #57 in IDC Financial Insights’ […]

Skandiabanken ASA : Skandiabanken ASA hires Christoffer Hernæs as Head of Innovation and Development

In order to further strengthen its innovation capability and position as a challenger bank Skandiabanken has hired Christoffer Hernæs (35) as Head of Innovation and Development. The appointment of Christoffer Hernæs is an important step in the bank’s ongoing organisational changes to meet the competitive landscape of the future and to develop solutions creating great […]

Tech CU Announces Strong First Year for Tech Capital, LLC

Closed $6.1 Million in New Asset-Based Lending Commitments; Current Pipeline Totals $2.5 Million SAN JOSE, CA–(Marketwired – September 22, 2016) – Tech Capital, LLC, the asset-based finance company and wholly owned subsidiary of Tech CU, today announced that it has originated six asset-based lending commitments as of August 2016 for a total of $6.1 million. […]

Tech CU Wins Two CUNA Awards: Dora Maxwell Social Responsibility and Desjardins Adult Financial Education

Also Won Credit Union of the Year in the US From the International Finance Awards SAN JOSE, CA–(Marketwired – August 30, 2016) – Tech CU (Technology Credit Union) today announced that it has won two CUNA awards: First place in the Dora Maxwell Social Responsibility Community Service category and second place for the Desjardins Adult […]

Tech CU Launches Three New Credit Cards

These Include a Visa Signature With Rewards and Visa Classic (Secured and Unsecured) SAN JOSE, CA–(Marketwired – August 15, 2016) – Tech CU (Technology Credit Union) today began offering three new credit cards: a Visa Signature with Rewards, Visa Classic Secured and Visa Classic Unsecured. Accepted worldwide, all three cards offer a safe and secure […]

Skandiabanken ASA second quarter 2016: Another solid quarter from the challenger bank

Bergen, 12 August 2016: The Skandiabanken group made a net profit of NOK 359.4 million in the second quarter of 2016, compared to NOK 83.5 million in the second quarter of 2015. The profit from Visa Inc.’s acquisition of Visa Europe was NOK 228.3 million. At the end of the quarter, total customer lending was […]

CMLS Financial Announces Acquisition of Delta 360

TORONTO, ONTARIO–(Marketwired – Aug. 11, 2016) – CMLS Financial Ltd. (“CMLS Financial”), one of Canada’s largest independent mortgage services companies, is pleased to announce the successful acquisition of Delta 360 Inc. (“Delta 360”) effective August 1, 2016. Founded in 2005, Delta 360 is a Canadian-based technology provider focused on delivering superior mortgage and lending software […]

Tech CU Wins Three Marketing Association for Credit Unions (MAC) Awards

Silver for Its Website Redesign; Bronze for Its Comprehensive Advertising Campaign; Bronze for Its Branch Redesign and Digital Signage SAN JOSE, CA–(Marketwired – June 14, 2016) – Tech CU (Technology Credit Union) today announced it won three awards from the Marketing Association for Credit Unions (MAC), an organization that recognizes outstanding credit union marketing achievements. […]

Tech CU Announces Executive Promotions

Jeannine Jacobsen Named Executive Vice President (EVP) and Chief Operating Officer (COO); Richard Hanz Announced as Chief Financial Officer (CFO); and Dean Davis Named Senior Vice President (SVP) SAN JOSE, CA –(Marketwired – May 31, 2016) – Tech CU (Technology Credit Union) today announced three promotions within its executive ranks. As of May 13, 2016, Jeannine Jacobsen […]

Tech CU Adds Family Banking to Suite of Products

Allows Members to Teach Their Children About Money and Fiscal Responsibility SAN JOSE, CA–(Marketwired – May 24, 2016) – Tech CU (Technology Credit Union) today announced that it has added Family Banking to its suite of products. Designed to simplify financial transactions between family members, the new Family Banking product allows both a parent and child […]

OnDeck Expands Lending Options for Small Businesses in Canada

Introduces Line of Credit and Larger Term Loan to Speed Access to Capital for Small Business Owners Across Canada TORONTO, ONTARIO–(Marketwired – May 24, 2016) – OnDeck® (NYSE:ONDK), the leader in online lending for small business, announced today an expansion of its offerings to include a line of credit up to $50,000 and an expanded […]

Tech CU’s Marketing Wins CUNA Diamond and Hermes Creative Awards

Also Named Marketers That Matter(R) Finalist SAN JOSE, CA–(Marketwired – April 11, 2016) – Tech CU (Technology Credit Union) today announced its win of a both a CUNA Diamond Award (where it was named a “Category’s Best”) and a Platinum Hermes Creative Award in the Point of Sale and Retail Merchandising category. The company also received […]

MMKT Releases Quarterly Middle Market Loan Trend Report

NEW YORK, NY, April 07, 2016 (GLOBE NEWSWIRE) — MMKT Exchange LLC (“MMKT”), a leader in the middle market lending technology and data analytics space, announced today that it has released the Middle Market Loan Trend Report for Q4 2015.  The report is free and can be downloaded here:  https://blog.mmkt.com/2016/04/06/mmkt-releases-q4-2015-middle-market-loan-trend-report/ MMKT publishes this report in […]

Tech CU Makes Largest SBA Loan in Company History – $22.4 Million

Commercial Banking Group Continues to Grow as a Diversified Commercial Lender SAN JOSE, CA–(Marketwired – March 17, 2016) – Tech CU (Technology Credit Union) today announced that the credit union has funded its largest Small Business Administration (SBA) 504 loan to date. At $22.4 million dollars, the loan provided financing to assist a commercial tenant’s purchase […]

The Women of Tech CU Win Big

San Francisco Business Times Honors CEO Barbara Kamm as a Power Executive; Silicon Valley Business Journal Names VP Janikke Klem and SVP Kate Duggan as Women of Influence SAN JOSE, CA–(Marketwired – March 16, 2016) – Tech CU (Technology Credit Union) today announced that CEO Barbara Kamm was honored as a Power Executive by the San […]

Tech CU Unveils Redesigned Website

Features Innovative Design, Improved Navigation and Multiple Platform Accessibility SAN JOSE, CA–(Marketwired – March 09, 2016) –  Tech CU (Technology Credit Union) today announced the launch of its newly redesigned website. The new website provides a fresh look and feel along with a more intuitive and streamlined navigation, enhanced content, and the tools and resources to […]

progressa and Alpine Credits Announce Canadian Partnership

VANCOUVER, BRITISH COLUMBIA–(Marketwired – March 3, 2016) – progressa™, Canada’s fastest growing financial technology company focused on helping non-prime and near-prime Canadians seeking to improve their financial health, announced today that it has partnered with Alpine Credits to bring its online lending platform to the industry leading Alpine Credits network of companies. Following a successful […]

Tech CU Wins Two Silicon Valley ADDY Awards

Honored for Both Its Integrated Advertising Campaign and Radio Advertising SAN JOSE, CA–(Marketwired – March 02, 2016) – Tech CU (Technology Credit Union) today announced it has won a silver Silicon Valley Addy award for its integrated “Bank Happily Ever After” advertising campaign and a bronze award for its radio advertising. The American Advertising Federation’s ADDY […]