ARCHBOLD, Ohio, Oct. 26, 2023 (GLOBE NEWSWIRE) — Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today reported financial results for the 2023 third quarter and year-to-date September 30, 2023. 2023 Third Quarter Financial and Operating Highlights (on a year-over-year basis unless noted): 82 consecutive quarters of profitability Net income was $4.8 million, or $0.35 per […]
Well-Positioned Balance Sheet with Strong Capital and Liquidity Organic Deposit Growth Highlights Third Quarter Results Robust Capital Position Builds Quarter over Quarter STUART, Fla., Oct. 26, 2023 (GLOBE NEWSWIRE) — Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF) today reported net income in the third quarter of 2023 of $31.4 million, or […]
The insurtech announces the addition of Donna Dorsey to its board of directors Donna Dorsey Donna Dorsey, Executive Vice President and Chief People & Culture Officer at Navistar, Inc. and Root, Inc. Board of Directors. COLUMBUS, Ohio, Oct. 26, 2023 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and […]
ATLANTA, Oct. 26, 2023 (GLOBE NEWSWIRE) — Federal Home Loan Bank of Atlanta (the Bank) today released preliminary unaudited financial highlights for the quarter ended September 30, 2023. All numbers reported below for the third quarter of 2023 are approximate until the Bank announces unaudited financial results in its Form 10-Q, which is expected to be […]
ATLANTA, Oct. 26, 2023 (GLOBE NEWSWIRE) — The board of directors of the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today approved a third quarter 2023 cash dividend at an annualized rate of 7.25 percent. “The Bank is dedicated to maintaining a financially strong cooperative and serving our members’ liquidity needs,” said FHLBank Atlanta […]
The Hunter Automotive Fraud Alliance empowers participants to share fraud intelligence for real-time fraud detection SCHAUMBURG, Ill.–(BUSINESS WIRE)–With rising vehicle prices and the automotive industry relying more heavily on digital retailing, lenders are experiencing an uptick in fraudulent loan applications. As a result, Experian® today introduced the Hunter Automotive Fraud Alliance©, a collaborative data network […]
#IdentityWeekAsia 2023: Unmissable networking for identity leaders across the APAC region Identity Week Asia is back for 2023, and it promises to offer unmissable networking for identity leading professionals and organisations across the APAC region. This premier event will take place from 7- 8 November at the Suntec Convention Centre in Singapore, showcasing the latest […]
The collaboration will deliver flexible, expanded cash management solutions for businesses across ACH, positive pay and sweep accounts PADUCAH, Ky.–(BUSINESS WIRE)–CSI, a nationwide provider of end-to-end fintech and regtech solutions, announced today it has finalized a partnership with Dragonfly Financial Technologies (Dragonfly), a digital banking and treasury management FinTech, to leverage Dragonfly’s Universal Online Banker […]
Azure OpenAI Service supports honest insurance with transforming alerts for potential fraud into human readable stories MASON, Ohio–(BUSINESS WIRE)–#AI—FRISS, one of the world’s most implemented solutions for trust automation at P&C carriers, has recently collaborated with Microsoft to enhance its AI fraud model explanations using Microsoft Azure OpenAI Service. As a Microsoft Global Partner, FRISS […]
SAN MATEO, Calif. & NEW YORK–(BUSINESS WIRE)–#Guidewire–Guidewire (NYSE: GWRE) and EvolutionIQ announced that EvolutionIQ has joined Guidewire PartnerConnect as a new Solution partner. The Built by Guidewire integration will allow Guidewire users to harness EvolutionIQ’s Claims Guidance within ClaimCenter, providing a unified workflow for users and streamlining data transmission between systems. Guidewire has also made […]
New program offers participants the ability to leverage ICE’s and the NYSE’s established enterprise technology and broad technological expertise LaunchPad employs cloud-based platform for product-evaluation, testing NEW YORK–(BUSINESS WIRE)–The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced NYSE LaunchPad. This […]
NerdUp By NerdWallet Addresses Gap In The Market; Combines Key Features To Expand Access And Remove Barriers For Consumers Who Want To Build Credit SAN FRANCISCO–(BUSINESS WIRE)–NerdWallet, Inc. (Nasdaq: NRDS), a platform that provides financial guidance to consumers and small and mid-sized businesses (SMBs), today announced the launch of its first financial product for consumers—NerdUp […]
HIPAA compliant Digital Health Science company debuts the chance to win Lululemon gift cards in the Aktivo Score® contest where conference attendees will compete for the highest Aktivo Score® gained throughout the show. NEW YORK–(BUSINESS WIRE)–Aktivolabs announced today the company will be exhibiting and presenting at the largest insurtech event in the world, ITC Las […]
Partnership to enhance Pathward’s suite of faster payments solutions to empower fintech firms, merchants, and platforms with faster payments nationwide SIOUX FALLS, S.D.–(BUSINESS WIRE)–Pathward®, N.A., a U.S.-based financial empowerment company driven by its purpose to power financial inclusion, today announced the expansion of its partnership with TabaPay, a leading money movement platform for merchants and […]
April Feely promoted to Senior Vice President and Group Director EB-5 Operations, and James M. Sozomenou promoted to Senior Vice President and Group Director EB-5 New Business Development NEW YORK–(BUSINESS WIRE)–Metropolitan Commercial Bank (the “Bank”) has announced the promotions of April Feely and James M. Sozomenou as Co-Heads of Metropolitan Commercial Bank’s EB-5 Private Client […]
ESPOO, Finland–(BUSINESS WIRE)–Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, announced being awarded a new multimillion-dollar deal with a leading provider of a range of telecom solutions in the MENA region. With this Project, Tecnotree aims to provide AI-embedded BSS customer engagement for the operator. The deal, implementing full […]
LAS VEGAS–(BUSINESS WIRE)–$AGREE #617000_sq_foot_data_center—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), is pleased to announce that its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”) has successfully completed unit testing on critical infrastructure components necessary to meet the power demands of high-performance computing (“HPC”) and artificial intelligence (“AI”) applications. Sentinum […]
Outdoor industry-focused insurance agency implements all-in-one management system and digital payments solution to standardize its operational processes and best serve customers Lewisville, TX., Oct. 26, 2023 (GLOBE NEWSWIRE) — EZLynx®, an Applied company, today announced that Cross Current Insurance has selected EZLynx and Applied Pay® as the technology foundation to support agency operations and business […]
Top customer recognition for technology innovation, business success and partnership in creating the connected insurance experience Chicago, IL., Oct. 26, 2023 (GLOBE NEWSWIRE) — Applied Systems® today presented its annual Pinnacle Awards at Applied Net 2023, the company’s flagship industry event, at the Aria Resort in Las Vegas. As the company’s highest customer honor, the […]
Duck Creek gathers with industry leaders to discuss the state of insurance and showcase the value of their joint solutions BOSTON, Oct. 26, 2023 (GLOBE NEWSWIRE) — Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, is gearing up for an extensive engagement with partners at […]
FAIRFIELD, N.J., Oct. 26, 2023 (GLOBE NEWSWIRE) — Kearny Financial Corp. (NASDAQ GS: KRNY) (the “Company”), the holding company of Kearny Bank (the “Bank”), reported net income for the quarter ended September 30, 2023 of $9.8 million, or $0.16 per diluted share, compared to $12.0 million, or $0.19 per diluted share, for the quarter ended June 30, […]
PORT ANGELES, Wash., Oct. 26, 2023 (GLOBE NEWSWIRE) — Matthew P. Deines, President and CEO, comments on financial results: “The Company continues to manage through this historic interest rate environment by remaining focused on deepening existing relationships and acquiring new customers,” said Matthew P. Deines, President and CEO. “We are also maintaining our commitment to reducing […]
STRASBURG, Va., Oct. 26, 2023 (GLOBE NEWSWIRE) — First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), reported unaudited consolidated net income of $3.1 million and diluted earnings per common share of $0.50 for the three-months ending September 30, 2023. This compared to net income […]
MOOREFIELD, W.Va., Oct. 26, 2023 (GLOBE NEWSWIRE) — Summit Financial Group, Inc. (“Company” or “Summit”) (NASDAQ: SMMF) today reported financial results for the third quarter of 2023, highlighting robust core operating performance marked by continued notable strength in its net interest margin. The Company’s continued success underscores its position as an exceptional community bank, reflecting […]
The growth of the global pet insurance market is driven by the surge in demand for pet insurance policies, rise in the number of veterinary centers, and increase in demand for financial safety in case of growing uncertainties. Wilmington, Delaware, Oct. 26, 2023 (GLOBE NEWSWIRE) — Allied Market Research recently published a report, titled, “Pet […]
SINGAPORE, Oct. 26, 2023 (GLOBE NEWSWIRE) — OKX, a leading Web3 technology company, has issued updates for October 26, 2023. OKX Wallet Now Integrated with Agilely, a Decentralized Stablecoin DeFi Protocol OKX Wallet is now integrated with Agilely, an interest-bearing and omni-chain decentralized stablecoin DeFi protocol. With this integration, OKX Wallet users can access Agilely […]
MONTEVIDEO, Uruguay, Oct. 25, 2023 (GLOBE NEWSWIRE) — MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com), Latin America’s leading e-commerce and technology company, intends to release financial results for its third fiscal quarter ended September 30th, 2023, on November 1st, 2023. The Company will host its earnings results video conference, as well as a conference call and audio […]
SIOUX FALLS, S.D.–(BUSINESS WIRE)–The Bancorp Bank, N.A. (“Bank”), a wholly-owned subsidiary of The Bancorp, Inc. (“Company”) (NASDAQ: TBBK), will hold a ribbon cutting ceremony on Thursday, October 26, 2023, in downtown Sioux Falls to celebrate the inauguration of its new office space. The opening of The Bancorp Building follows the Bank’s conversion to a national […]
RIVERSIDE, Calif., Oct. 25, 2023 (GLOBE NEWSWIRE) — Provident Financial Holdings, Inc. (“Company” or “Provident”), NASDAQ GS: PROV, the holding company for Provident Savings Bank, F.S.B. (“Bank” or “Provident”), today announced that Craig G. Blunden, Chairman and Chief Executive Officer (“CEO”), is retiring from his management positions as CEO of the Company and the Bank […]
MOUNTLAKE TERRACE, Wash., Oct. 25, 2023 (GLOBE NEWSWIRE) — FS Bancorp, Inc. (NASDAQ: FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank” or “1st Security Bank”) today reported 2023 third quarter net income of $9.0 million, or $1.13 per diluted share, compared to $8.5 million, or $1.08 per diluted share, for the comparable […]
BETHESDA, Md., Oct. 25, 2023 (GLOBE NEWSWIRE) — Eagle Bancorp, Inc. (the “Company”) (NASDAQ: EGBN), the parent company of EagleBank (the “Bank”), today announced net income of $27.4 million for the third quarter 2023, compared to net income of $28.7 million for the second quarter 2023 (the “prior quarter”) and $37.3 million for the third quarter 2022 […]
HARRISBURG, Pa., Oct. 25, 2023 (GLOBE NEWSWIRE) — October 25, 2023 – Harrisburg, PA – Mid Penn Bancorp, Inc. (NASDAQ: MPB) (“Mid Penn”), the parent company of Mid Penn Bank (the “Bank”) and MPB Financial Services, LLC, today reported net income available to common shareholders (“earnings”) for the quarter ended September 30, 2023, of $9.2 million, or […]
Despite Headwinds, RBAZ Delivers Strong Quarterly Earnings PHOENIX, Oct. 25, 2023 (GLOBE NEWSWIRE) — RBAZ Bancorp, Inc. (OTCIQ: RBAZ) (the “Company”), parent company of Republic Bank of Arizona (the “Bank” or “RBAZ”), announced a consolidated net income of $748,000, or $0.41 per share, for the quarter ended September 30, 2023 and $1,771,000, or $0.98 per […]
FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–#InnovationAwards–Velocity Solutions announces that its Retail Performance Engine™ has been selected as a finalist in NAFCU’s 2023 Innovation Awards. The Innovation Awards is an annual program presented by NAFCU Services that honors the transformational and valuable contributions to the credit union industry. All entries are evaluated by a panel of top executives […]
Recent investments drive digital growth with increased portfolio integration, data-enriched workflows and expanded connectivity to carrier markets Chicago, IL., Oct. 25, 2023 (GLOBE NEWSWIRE) — Applied Systems® today announced the innovative enhancements across its Digital Agency portfolio. Announced at the annual Applied Net conference, the latest advancements support increased integration across the Applied product portfolio […]
EZLynx unveils Quote By Text, Generative AI and other innovations across the platform at Applied Net 2023 Lewisville, TX., Oct. 25, 2023 (GLOBE NEWSWIRE) — EZLynx®, an Applied company, today announced increased investment and innovation across its EZLynx product portfolio at Applied Net 2023. The latest advancements in the EZLynx portfolio help agencies accelerate growth […]
Boost Re enables stakeholders to build full-stack insurance programs on Boost’s infrastructure, while offering an efficient means of deployment for alternative risk capital providers. NEW YORK–(BUSINESS WIRE)–Boost Insurance, the industry’s leading insurance infrastructure company, today announced the launch of Boost Re, an innovative new risk transfer platform, as the latest component of Boost’s comprehensive insurance-as-a-service […]
Enhancements to MeridianLink Marketplace empower financial institutions to personalize MeridianLink’s platform to meet the unique needs of consumers COSTA MESA, Calif.–(BUSINESS WIRE)–$MLNK—MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced the launch of its redesigned partner marketplace, MeridianLink® Marketplace. Marketplace offers MeridianLink customers the […]
Provenir’s AI-Powered Risk Decisioning Platform provides a cohesive risk ecosystem to enable smarter decisions across the full customer lifecycle PARSIPPANY, N.J.–(BUSINESS WIRE)–#AI—Provenir, a global leader in AI-powered risk decisioning software, today announced that it has been named a 2023 Banking Tech Awards finalist in the “Tech of the Future – AI and Data – Decision […]
SAN MATEO, Calif.–(BUSINESS WIRE)–#Guidewire–Guidewire (NYSE: GWRE) announced that Assurant’s new Ready for Guidewire validated accelerators are now available to ClaimCenter and PolicyCenter users in the Guidewire Marketplace. Assurant leveraged its history of innovation, proven risk management and compliance expertise, and customer experience focus to create two solutions that streamline what were once tedious processes for […]
