Techwire


Applied Releases Commercial Lines Premium Rate Index Findings for Q2 2024

Year-over-year average premium rates decreased across the most commonly placed commercial lines of business; average premium rates experienced variable change quarter over quarter Toronto, ON., Aug. 01, 2024 (GLOBE NEWSWIRE) — Applied Systems® today announced the second quarter 2024 results of the Applied Commercial Index™, the Canadian insurance industry’s premium rate index. Overall, the magnitude […]

Next Generation Payment Technology Market Share to be Worth USD 660.0 Billion by 2034, at 20.0% CAGR: Prophecy Market Insights

“Next Generation Payment Technology Market” from 2024-2034 with covered segments Type (EMV Chip, Near Field Communication, Magnetic Secure Transmission, Bluetooth Low Energy, and Quick Response Code), By Platform (Browser, Mobile App, and Point of Sale), By Security Architecture (Encryption and Tokenization, Secure Element Systems, Host Card Emulation, Biometrics, Certificates and Standards, and Fraud and Risk […]

SPZI: Bloxcross and JP3E Announce the Global Trade Financing Platform Is Live

NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) — JP 3E Holdings, Inc. (OTC: SPZI), formerly Spooz, Inc., recently acquired a majority stake in Bloxcross, Inc. In the wake of this significant acquisition, they announce the launch of a new Global Trade Financing Platform, positioning Bloxcross as a key element of the JP3E portfolio. We expect […]

CoreCard Corporation Reports Second Quarter 2024 Results

NORCROSS, Ga., Aug. 01, 2024 (GLOBE NEWSWIRE) — CoreCard Corporation (NYSE: CCRD) (“CoreCard” or the “Company”), the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, announced today its financial results for the quarter ended June 30, 2024. “Overall revenue of $13.8 million in the second quarter […]

Origence Announces New Associate Board Members

Origence Announces New Associate Board Members Linda Armyn, president and CEO of Bethpage FCU, April Clobes, president and CEO of Michigan State University FCU, and Chad Graves, president and CEO of Ent CU are the newest members of the Origence Board of Directors this year. Irvine, California, Aug. 01, 2024 (GLOBE NEWSWIRE) — Origence, the […]

OKX Lists USDT-Margined Pre-Market Futures for Hamster Kombat’s HMSTR Token

MAHE, Seychelles, Aug. 01, 2024 (GLOBE NEWSWIRE) — OKX, a leading crypto exchange and global Web3 technology company, has issued updates for August 1, 2024. OKX Lists USDT-Margined Pre-Market Futures for Hamster Kombat’s HMSTR Token OKX today listed a USDT-margined Pre-Market Futures for the Telegram mini-app game Hamster Kombat’s HMSTR token at 10:00 AM (UTC). […]

[Latest] Global B2B Payments Market Size/Share Worth USD 1689.4 Billion by 2033 at a 9% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)

[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global B2B Payments Market size & share revenue was valued at approximately USD 1125.5 Billion in 2023 and is expected to reach USD 1189.8 Billion in 2024 and is expected to reach around USD 1689.4 Billion […]

OKX Wallet Now Integrated with Instadapp for Enhanced DeFi Interactions

SINGAPORE, Aug. 01, 2024 (GLOBE NEWSWIRE) — OKX, a global Web3 technology company, has issued updates for August 1. OKX Wallet Now Integrated with Instadapp for Enhanced DeFi Interactions OKX Wallet is now integrated with Instadapp, a comprehensive DeFi platform that aggregates multiple DeFi protocols into one upgradable smart contract layer. Thanks to this integration, […]

Shawbrook to Leverage nCino to Automate Complex Lending Processes and Optimise Client Portfolios to Achieve Faster Time to Market

UK specialist bank to eliminate disparate systems in order to reduce risk, achieve data lineage and consistency and enhance credit risk management LONDON, Aug. 01, 2024 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that Shawbrook has chosen nCino to help automate its […]

PayPoint announces a further £10.5m investment in obconnect

PayPoint Plc 1 August 2024 PayPoint announces a further £10.5m investment in obconnect In July 2022, PayPoint Plc (“PayPoint”) made a minority investment in obconnect (the “Company”), an early-stage technology platform with the capabilities to provide complete market ecosystems across Open Banking, Finance, Data, Energy, Confirmation of Payee and Enhanced Fraud Data. This investment and […]

Trading update for the three months ended 30 June 2024

PayPoint PlcTrading update for the three months ended 30 June 20241 1 August 2024 A positive quarter with further progress on building blocks to £100m EBITDA by end of FY26 Nick Wiles, Chief Executive of PayPoint Plc, said: “This has been a busy and productive quarter for the Group in which we have delivered further […]

Worldline H1 2024 results

H1 2024 RESULTS Good first half performance in a challenging consumption environment€2,289m revenue, +2.1% organic growth, including +3.2% organic growth in MS (+6.2% underlying)€514m adjusted EBITDA, i.e. 22.5% of Group revenue€82m free cash flow, i.e. 16.0% conversion (24.1% excluding Power24 costs) Enhanced cost and transformation focusPower24 social processes completed Cost savings target increased to c.€220m, […]

FICO Survey: 1 in 3 Thais Reject Bank, Credit Card Applications Over Complex ID Checks

In a digital-first world, identity verification must not hinder new business BANGKOK–(BUSINESS WIRE)–(NYSE: FICO) Highlights Ease of use is the top priority for Thais, followed by good fraud protection Two in three consumers expect to answer 10 questions or less or they will abandon a savings account application Identity checks are on the rise but […]

OKX Wallet Launches ‘Trade Like You Meme It’ Campaign Featuring 60,000 USDT Worth of Rewards

SINGAPORE, Aug. 01, 2024 (GLOBE NEWSWIRE) — OKX, a global Web3 technology company, has issued updates for August 1. OKX Wallet Launches ‘Trade Like You Meme It’ Campaign Featuring 60,000 USDT Worth of Rewards OKX Wallet has launched a ‘Trade Like You Meme It’ campaign featuring 60,000 USDT worth of rewards. The campaign marks the […]

OKX Wallet Now Integrated with Connext for Seamless Crosschain Transactions

SINGAPORE, Aug. 01, 2024 (GLOBE NEWSWIRE) — OKX, a global Web3 technology company, has issued updates for August 1. OKX Wallet Now Integrated with Connext for Seamless Crosschain Transactions OKX Wallet is now integrated with Connext, a modular protocol designed for securely passing funds and data between chains. This integration offers OKX Wallet users seamless […]

NationsBenefits® Announces Direct Point-of-Sale (POS) Integration at Tak Shing Hong dba TS Emporium, Enabling Health Plan Members to Purchase Healthy Groceries and OTC Products

NationsBenefits and TS Emporium Partnership Enhances Healthcare Access for Diverse Populations in Los Angeles LOS ANGELES–(BUSINESS WIRE)–NationsBenefits, the market leader in supplemental benefits and healthcare fintech solutions, today announced a new partnership with Tak Shing Hong dba TS Emporium, the largest provider of traditional Chinese medicine, American Ginseng, and Asian delicacies in the United States. […]

Skyway Capital Markets Advises UCPM, LLC on Minority Growth Investment from Bregal Sagemount Basecamp

TAMPA, Fla.–(BUSINESS WIRE)–#EnvironmentalInsurance–Skyway Capital Markets, LLC (“Skyway Capital”) is pleased to announce that UCPM, LLC (“UCPM”) has received a minority growth investment from Bregal Sagemount (“Sagemount”), a growth-focused private equity firm. The Sagemount investment was from its inaugural $500 million small-cap fund, Bregal Sagemount Basecamp I (“Basecamp” or the “Fund”). Skyway Capital served as the […]

Remitly Announces CFO Transition Plan

Vikas Mehta to succeed Hemanth Munipalli as Chief Financial Officer SEATTLE, July 31, 2024 (GLOBE NEWSWIRE) — Remitly Global, Inc. (NASDAQ: RELY), a trusted provider of digital financial services that transcend borders, today announced the appointment of seasoned finance executive Vikas Mehta as Chief Financial Officer, succeeding Hemanth Munipalli, effective August 19, 2024. Munipalli is […]

Lake Shore Bancorp, Inc. Declares Second Quarter 2024 Dividend

DUNKIRK, N.Y., July 31, 2024 (GLOBE NEWSWIRE) — Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), announced today that the Board of Directors declared a cash dividend of $0.18 per share on its outstanding common stock. The dividend is expected to be paid on August […]

CLARA Intensifies Focus on Actionable Claims Document Intelligence

Claims Document Intelligence Pro Optimizes Adjuster Effectiveness With Valuable Risk Insights SUNNYVALE, Calif.–(BUSINESS WIRE)–#AI–Today, CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, launched Claims Document Intelligence Pro, a major milestone in the evolution of its transformative insurance claims AI platform. The introduction of Claims DocIntel Pro (formerly CLARA […]

Writer Releases State-of-the-Art Specialized LLMs to Revolutionize Healthcare and Financial Services AI Applications

#1 Benchmarked Palmyra-Med-70b and Palmyra-Fin-70b now available as open models on NVIDIA API catalog, Baseten, and Hugging Face, empowering developers with powerful, highly accurate tools to build and deploy industry-specific AI applications. Palmyra-Fin-70b becomes the only financial services model available as an NVIDIA NIM inference microservice and the first LLM that can pass the CFAⓇ […]

LibreMax Capital Partners with iCapital® to Expand Access to Securitized Products and Asset-Backed Finance

LibreMax’s Investment Strategy Now Available on iCapital Marketplace for Wealth Managers and Advisors NEW YORK–(BUSINESS WIRE)–LibreMax Capital, LLC (“LibreMax”), an asset management firm specializing in securitized products and asset-backed finance, today announced that it has entered into a partnership with iCapital1, the global fintech platform driving the world’s alternative investment marketplace for the wealth management […]

Introducing InvoiceAgility: An Integrated Capture and e-Invoicing Network Solution that Simplifies Accounts Payable Processes through AI-Powered Automation Resulting in Unmatched Speed, Accuracy and Compliance

IRVINE, Calif.–(BUSINESS WIRE)–#ap–Tungsten Automation announces the launch of InvoiceAgility, a new, integrated capture and e-Invoicing Network solution that simplifies accounts payable (AP) processes while eliminating friction and empowering financial operations through AI-powered workflow automation. Supply chain complexities, ever-changing regulations and growing fraud are overloading AP teams. InvoiceAgility eliminates those complexities to accelerate invoice processing, reduce […]

TELUS Digital Experience Launches Fuel EX, an Enterprise-Safe Generative AI Solution for Employee Productivity and Knowledge Search

Fuel EX stands out as a pioneering employee AI assistant, enabling businesses to harness the power of multiple GenAI models for everyday tasks while keeping sensitive information secure VANCOUVER, British Columbia–(BUSINESS WIRE)–TELUS International, rebranding to TELUS Digital Experience (TELUS Digital) later in the third quarter (NYSE and TSX: TIXT), has launched Fuel EX, an enterprise-safe […]

Consumer Mobile Payments Market Trends and Opportunity Forecast, 2030 – Micropayments Generating New Opportunities in Consumer Spending via Mobile Payments

Global Consumer Mobile Payments Market Global Consumer Mobile Payments Market Dublin, July 31, 2024 (GLOBE NEWSWIRE) — The “Consumer Mobile Payments – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering. The global market for Consumer Mobile Payments was valued at an estimated US$58.3 Billion in 2023 and is projected to reach US$252.3 […]

Federal Home Loan Bank of Atlanta Expands Workforce Housing Program, Allocating Total of $20 Million for Downpayment Assistance

ATLANTA, July 31, 2024 (GLOBE NEWSWIRE) — Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it will make an additional $10 million in Workforce Housing Plus+ Program funding available on Wednesday, July 31. The program, which opened in June 2024 with an initial allocation of $10 million, was developed to provide downpayment […]

Wolff Insurance Agency Elevates Policy Renewal Strategy with EZLynx

Independent agency automates policy renewal communications to enhance customer retention Lewisville, TX., July 31, 2024 (GLOBE NEWSWIRE) — EZLynx, an Applied company, today announced that Wolff Insurance Agency has selected EZLynx as its technology partner to optimize renewal communications for customer retention. The EZLynx management system with embedded automation and retention capabilities will enable Wolff […]

Finix Launches Recurring Billing Solution to Enhance Business Efficiency

New no-code tools enable businesses to customize and manage recurring payments SAN FRANCISCO, July 31, 2024 (GLOBE NEWSWIRE) — Finix, the full-stack payment processor enabling businesses to accept and send payments, today launched Recurring Billing, a new solution available on the Finix dashboard that enables customers to easily set up and manage recurring payments using […]

Western Circle Announces Groundbreaking AI Technology to Enhance Responsible Access to Online Funding Across the UK

LONDON–(BUSINESS WIRE)–#ai–Western Circle, a leader in providing financial help to UK consumers, is excited to announce the integration of its new AI technology. This technology aims to make money more responsibly accessible to more people in the UK. It underscores Western Circle’s ongoing mission to use innovative technology to address personal finance challenges and support […]

First National Corporation Reports Second Quarter Financial Results

STRASBURG, Va., July 31, 2024 (GLOBE NEWSWIRE) — First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), reported unaudited consolidated net income of $2.4 million and basic and diluted earnings per common share of $0.39 for the second quarter of 2024 and adjusted net income(1) of $3.0 million and adjusted basic and diluted earnings per common […]

Katapult to Announce Second Quarter 2024 Financial Results on August 14, 2024

PLANO, Texas, July 31, 2024 (GLOBE NEWSWIRE) — Katapult Holdings, Inc. (NASDAQ: KPLT), an e-commerce-focused financial technology company, today announced it will release its second quarter 2024 financial results before the market opens on Wednesday, August 14, 2024. The company will host a conference call and webcast to discuss these results at 8:00 AM ET […]

Global Microfinance Strategic Business Report 2024: Market to Reach $506 Billion by 2030 – Microenterprises Emerge as Vital Driver of Growth

Global Microfinance Market Global Microfinance Market Dublin, July 31, 2024 (GLOBE NEWSWIRE) — The “Microfinance – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering. The global market for Microfinance is estimated at US$224.6 Billion in 2023 and is projected to reach US$506.0 Billion by 2030, growing at a CAGR of 12.3% from […]

Global Embedded Finance Market Forecast Report 2024-2029, with Case Studies of Booksy, Stripe, Shopify, Booksy, Adorama and Paypal

Global Embedded Finance Market Global Embedded Finance Market Dublin, July 31, 2024 (GLOBE NEWSWIRE) — The “Global Embedded Finance Market Size, Share, Growth Analysis, By Type (Embedded Payments, Embedded Lending, Embedded Insurance, Embedded Wealth Management), Business Model, Industry (Retail & ECommerce, Healthcare) – Forecast to 2029” report has been added to ResearchAndMarkets.com’s offering. The embedded […]

The Bahamas Introduces Transformative Digital Asset Legislation: The DARE Act 2024

The Bahamas Leads with DARE Act 2024 NASSAU, The Bahamas–(BUSINESS WIRE)–The Securities Commission of The Bahamas (the Securities Commission) today announced the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024) has been passed into law by the Parliament of The Bahamas, in a pacesetting move that solidifies the country’s position as a leader in […]

Langley FCU Launches Deposit Accounts With Blend, Achieves 37% Growth In New Digital Account Openings

Partnership also delivered significant improvements in member experience, back-end efficiency, and banker training SAN FRANCISCO–(BUSINESS WIRE)–Blend, a leading provider of digital banking technology, is pleased to announce the successful implementation of its Deposit Accounts solution at Langley Federal Credit Union (Langley). Since its launch in March 2024, the credit union has reported significant improvements in […]

EagleBank Adds Experienced Commercial Real Estate Expert to the Board of Directors

Veteran Washington, DC Banking Executive and Maryland resident Louis P. “Pete” Mathews Jr. brings extensive asset management and Commercial Real Estate experience to EagleBank BETHESDA, Md., July 30, 2024 (GLOBE NEWSWIRE) — EagleBank (NASDAQ: EGBN), one of the largest community banks in the Washington, D.C. area, today announced the appointment of Pete Mathews as an […]

KYND Launches US Cyber Risk Analysis for Insurers

Award-winning British solutions provider brings simple, actionable platform to U.S. for easier, more proactive cyber risk portfolio management and resilience AUSTIN, Texas–(BUSINESS WIRE)–#cyberinsurance–KYND Limited, a trailblazing cyber risk solutions provider dedicated to demystifying complex cyber risk analysis, today announced its official launch in the United States. This expansion brings KYND’s innovative and simplified approach to […]

Confluence Helps Clients Achieve Compliance with SEC Tailored Shareholder Reporting

Confluence’s industry-leading solution successfully completed TSR filings for fund administrator and asset manager clients PITTSBURGH–(BUSINESS WIRE)–Confluence Technologies, Inc. (“Confluence”), a global financial technology solution provider for regulatory, analytics, and investor communications, announced today that its industry-leading Unity platform suite of products went live and completed filings for the U.S. Securities and Exchange Commission’s (SEC) Tailored […]

Tenet Energy and Sunnova Team Up to Promote Clean Home Energy Adoption with Solar and Electric Vehicles

Tenet and Sunnova join forces to offer exclusive promotions for consumers interested in sustainable energy options throughout their homes and vehicles NEW YORK–(BUSINESS WIRE)–Tenet Energy Inc. (“Tenet”), a climate financial technology platform to accelerate America’s sustainable energy transition, starting with electric vehicles, announced today that they have entered into a collaboration with Sunnova Energy International […]

RISR Partners With Journey Strategic Wealth, Equipping Advisors With Comprehensive Business Owner Engagement Tools

Journey Strategic Wealth’s advisors can now offer business owner clients more personalized plans through all-inclusive data and insights PHILADELPHIA–(BUSINESS WIRE)–#BusinessOwners—RISR, the first comprehensive business owner engagement platform for financial advisors, has joined forces with Journey Strategic Wealth (“Journey”), a nationwide advisory firm with a mission to be the premier platform for advisors seeking support around […]

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