Techwire


PacWest Bancorp Announces Results for the Second Quarter 2023

SECOND QUARTER 2023 HIGHLIGHTS Net loss available to common stockholders of $207.4 million, or a loss of $1.75 per diluted share as the quarter was impacted by items related to loan sales and restructuring of our Civic subsidiary Adjusted earnings of $36.0 million and adjusted diluted earnings per common share of $0.22, which exclude the […]

First Busey Announces 2023 Second Quarter Earnings

First Busey Reports Second Quarter Net Income of $29.4 million and Diluted EPS of $0.52 CHAMPAIGN, Ill., July 25, 2023 (GLOBE NEWSWIRE) — First Busey Corporation (Nasdaq: BUSE) Message from our Chairman & CEO Second Quarter 2023 Highlights: Excluding net securities losses, net income1 for the second quarter of 2023 of $31.0 million or $0.55 per […]

Banc of California and PacWest Announce Transformational Merger and $400 Million Equity Raise from Warburg Pincus and Centerbridge

Combination will create California’s premier relationship-focused business bank Combined $36 billion asset bank with extensive Southern CA footprint to be headquartered in Los Angeles 20%+ accretion to BANC’s 2024 Estimated EPS and immediately 3% accretive to TBVPS $400 million equity raise is fully committed after extensive investor due diligence Robust capital at 10%+ pro forma […]

Orrstown Financial Services, Inc. Reports Earnings for the Second Quarter 2023

Net income of $9.8 million and diluted earnings per share of $0.94 for the three months ended June 30, 2023 compared to net income of $9.2 million and diluted earnings per share of $0.87 for the three months ended March 31, 2023 and net income of $8.9 million and diluted earnings per share of $0.83 […]

Waterstone Financial, Inc. Announces Results of Operations for the Quarter and Six Months Ended June 30, 2023

WAUWATOSA, Wis, July 25, 2023 (GLOBE NEWSWIRE) — Waterstone Financial, Inc. (NASDAQ: WSBF), holding company for WaterStone Bank, reported net income of $4.0 million, or $0.20 per diluted share for the quarter ended June 30, 2023 compared to $8.0 million, or $0.36 per diluted share for the quarter ended June 30, 2022. Net income per diluted share was $0.30 […]

Wayne Savings Bancshares, Inc. Announces Earnings for the six months ending June 30, 2023

WOOSTER, Ohio, July 25, 2023 (GLOBE NEWSWIRE) — Wayne Savings Bancshares, Inc. (OTCQX: WAYN), (the “Company”), the holding company parent of Wayne Savings Community Bank, reported net income (unaudited) of $4.0 million, or $1.83 per common share, for the year to date period ended June 30, 2023, a decrease of $63,000, or 1.5%, compared to […]

Tiblio AI “Roger,” an AI-Powered Options Income Assistant, Integrates with TradeStation® Securities Brokerage Services

Roger includes continuous calculations and trade assistance LOS ANGELES–(BUSINESS WIRE)–Tiblio, Inc. today announced the integration of “Roger,” an AI-powered options income assistant, with TradeStation Securities’ brokerage services. TradeStation Securities provides self-clearing online brokerage services for trading stocks, ETFs, options, and futures. With Tiblio AI, traders can customize their strategy by choosing up to 29 different […]

Business Warrior Corporation (BZWR) Introduces Marketing Services for Lenders

PHOENIX, July 25, 2023 (GLOBE NEWSWIRE) — Business Warrior Corporation (OTC: BZWR), the source for cloud-based lending solutions designed to fuel sustainable business growth, announced the launch of their innovative advertising service, designed exclusively for lenders, supported by a money-back guarantee. The service is a comprehensive solution utilizing advanced marketing strategies to attract top-quality borrowers […]

KS Bancorp, Inc. (KSBI) Announces Second Quarter 2023 Financial Results and Cash Dividend

SMITHFIELD, N.C., July 25, 2023 (GLOBE NEWSWIRE) — KS Bancorp, Inc. (the “Company”) (OTCBB: KSBI), parent company of KS Bank, Inc. (the “Bank”), announced unaudited results for the second quarter of 2023. The Company reported net income of $1.6 million or $1.41 per diluted share, for the three months ended June 30, 2023, compared to […]

Securities Commission of The Bahamas Relaunches Inaugural D3 Fintech Festival

The Securities Commission of The Bahamas today invites FinTech and Web3 builders to Nassau for the inaugural D3 Bahamas Festival – 10-12th October NASSAU, The Bahamas, July 25, 2023 (GLOBE NEWSWIRE) — Today, the Securities Commission of The Bahamas, in collaboration with the Government of the Bahamas and Finoverse, announced the relaunch of the inaugural […]

Cambridge Savings Bank Extends $10 Million Revolving Line of Credit to Leadpoint Business Services

A portfolio company of Boston-based Copley Equity Partners, Leadpoint harnesses capital to support promising growth trajectory CAMBRIDGE, Mass.–(BUSINESS WIRE)–#SMBs—Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, today announced that its Asset-Based Lending (ABL) team provided a $10M revolving line of credit to Leadpoint Business Services […]

IRALOGIX Urges Congress to Protect Interests of Low-Income Retirement Savers

Legislation is Required to Help Those Who Need it Most to Save for Retirement State-Mandated Retirement Plans Benefit Low-Income Workers, but an Even Playing Field is Required PITTSBURGH–(BUSINESS WIRE)–IRALOGIX, a leading innovator in financial technology advancements that harnesses the power of its proprietary technology to offer IRA-focused retirement solutions to every segment of the wealth […]

Closinglock Announces New Payment Solution Powered by J.P. Morgan

Closinglock’s new payment solution solves real estate wire fraud and creates faster payments for its customer base AUSTIN, Texas–(BUSINESS WIRE)–#closinglock–Closinglock, a leading provider of wire fraud prevention and fintech solutions for the real estate industry, is working with J.P. Morgan to provide a new, innovative digital payments offering to the real estate industry it serves. […]

Pinnacle Bankshares Corporation Announces 2nd Quarter/Mid-Year 2023 Earnings

ALTAVISTA, Va., July 25, 2023 (GLOBE NEWSWIRE) — Net income for Pinnacle Bankshares Corporation (OTCQX:PPBN), the one-bank holding company (the “Company” or “Pinnacle”) for First National Bank (the “Bank”), was $2,051,000, or $0.93 per basic and diluted share for the second quarter of 2023. Net income for the six months ended June 30, 2023, was […]

[Latest] Global Credit Card Payments Market Size/Share Worth USD 286.5 Billion by 2032 at a 9.1% 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 Credit Card Payments Market size & share revenue was valued at approximately USD 152.2 Billion in 2022 and is expected to reach USD 165.6 Billion in 2023 and is expected to reach around USD 286.5 […]

Best’s Commentary: AM Best to Review Collateral Arrangements at Rated Fronting Insurance Companies

OLDWICK, N.J.–(BUSINESS WIRE)–#insurance–With the recent published news reports on Vesttoo, an insurtech platform, AM Best is monitoring the rapidly evolving situation and reviewing its rated fronting carriers and other insurers that have material amounts of reinsurance counterparty credit risk and reliance on various forms of collateral. Based on this review, rating actions will be taken […]

Credit Card Transactions in Brazil May Have Peaked as Pix Continues to Surge

Matera releases mid-year “Pix by the Numbers” report highlighting the continued shift away from credit cards Pix secures its position as the dominant tender type ATLANTA–(BUSINESS WIRE)–#BrazilFintech—Matera, maker of world-class instant payments, QR code and digital ledger technology, today released its mid-year report on the adoption of Brazil’s highly successful Pix instant payments scheme. The […]

Mbanq Selects William Mills Agency for Public Relations Services

ATLANTA–(BUSINESS WIRE)–#Fintech–William Mills Agency, the largest independent public relations and marketing firm specializing in the financial industry, announces it will provide public relations services to Mbanq, which is headquartered in Naples, Florida. The global Banking-as-a-Service (BaaS) and Credit Union-as-a-Service (CUaaS) provider uses its patented technology and financial services expertise to empower any bank or company […]

Worldpay from FIS Launches Revenue Boost, Maximizing Ecommerce Potential for Merchants

Key facts New solution from Worldpay from FIS helps optimize payments on ecommerce sales. Turnkey solution could help deliver new revenue to enterprise merchants by optimizing payments approvals, while lowering costs. One customer in pilot saw $7 million of approval lift in less than 12 months1. JACKSONVILLE, Fla.–(BUSINESS WIRE)–Worldpay from FIS® (NYSE: FIS), a global […]

Auburn National Bancorporation, Inc. Reports Second Quarter Net Earnings

Second Quarter 2023 Highlights: Total revenues increased 6% from Q2 2022 Net interest income (tax-equivalent) increased 8% from Q2 2022 Net interest margin (tax-equivalent) was 3.03%, compared to 3.17% in Q1 2023 and 2.60% in Q2 2022 Cost of funds was 93 basis points, compared to 71 basis points in Q1 2023 and 32 basis […]

Updated Pilot Trading App Launches on Play Store and iOS Empowering Traders to Seamlessly and more quickly Capitalize on their Trading Opportunities

TORONTO, July 25, 2023 (GLOBE NEWSWIRE) — Pilot Trading, the innovative trading application from QuantGate Systems Inc. (OTCQB: QGSI), the Artificial Intelligence (“AI“), Machine Learning (“ML“) SaaS-based Fintech solution company, announces the availability of new and enhanced downloadable versions of its Pilot Trading app on the Google Play and the iOS application stores. Pilot Trading’s […]

Sandy Spring Bancorp Reports Second Quarter Earnings of $24.7 Million

OLNEY, Md., July 25, 2023 (GLOBE NEWSWIRE) — Sandy Spring Bancorp, Inc. (Nasdaq-SASR), the parent company of Sandy Spring Bank, reported net income of $24.7 million ($0.55 per diluted common share) for the quarter ended June 30, 2023, compared to net income of $51.3 million ($1.14 per diluted common share) for the first quarter of 2023 […]

Marygold & Co. and Speech Morphing, Inc. partner to revolutionize digital banking services

Say goodbye to chatbots and hello to your personalized digital banking assistant powered by the unique partnership’s voice-based artificial intelligence DENVER, July 25, 2023 (GLOBE NEWSWIRE) — Marygold & Co., a financial technology company and wholly owned subsidiary of The Marygold Companies, Inc. (NYSE American: MGLD), today announced its partnership with Speech Morphing, Inc., a […]

Best’s Market Segment Report: AM Best Revises Outlook on Philippines Non-Life Insurance Market to Negative

SINGAPORE–(BUSINESS WIRE)–#insurance—AM Best is revising its outlook on the Philippine non-life insurance market segment to negative from stable, citing increased negative pressure to the balance sheet strength and operating performance of domestic insurers amid rising challenges in accessing reinsurance capacity. In a new Best’s Market Segment Report, “Market Segment Outlook: Philippines Non-Life Insurance”, AM Best […]

Neobanking Market: Segmented: By account type ; By application and Region –Analysis of Market Size, Share and Trends for 2014 – 2019 and Forecasts to 2030

Neobanking Market: Segmented: By account type (neo banks and challenger banks); By application (personal and enterprises sector) and Region -Analysis of Market Size, Share and Trends for 2014 – 2019 and Forecasts to 2030. New York, July 24, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Neobanking Market: Segmented: By account type […]

Santander US Research Finds Consumers Resilient Despite Uncertainty

Seven in 10 middle-income Americans (68%) believe they are on the right track, despite concerns about inflation. Middle-income Americans are highly confident in banking, and few have made behavioral shifts in response to recent banking events. BOSTON–(BUSINESS WIRE)–Santander Holdings USA, Inc. (“Santander US”) today announced findings from a new survey showing Americans remain optimistic about […]

Grounded Technologies to Bring Core Deposits to U.S. Community Banks with Support from BMO

Grounded built a deposit marketplace on next generation technology to help community banks markedly improve their asset and liabilities planning capabilities NEW YORK–(BUSINESS WIRE)–Grounded Technologies (“Grounded”), a first-of-its-kind core deposit, loan, and CRA marketplace that works to provide regulated balance sheet growth to banks, today announced the launch of its flagship product with support from […]

Acrisure Brand Roll Out Reaches Southern United States

Lori Green to Lead the South Region Spanning Texas, Louisiana, Arkansas and Oklahoma ADDISON, Texas–(BUSINESS WIRE)–Acrisure, a global Fintech leader, today announced that local partners in its South Region will be re-branded as Acrisure in a continuation of the Company’s global brand roll out. As part of this roll out, Acrisure businesses in Texas, Louisiana, […]

NCR Unveils New Names for Businesses Ahead of Planned Separation

Digital Commerce Business to Become NCR Voyix; ATM Business to Become NCR Atleos, Both Reflecting Strength of NCR Brand ATLANTA–(BUSINESS WIRE)–NCR Corporation (NYSE: NCR), a leading enterprise technology provider, today unveiled the names for the two companies that will form after its planned separation, expected in the fourth quarter of 2023. Selecting company names is […]

ShapeShift and Mercle Collaborate to Launch Free Upgradeable NFT FOXatar PFPs on Polygon

ShapeShift has joined forces with Mercle to introduce free, upgradable and gasless FOX avatar NFTs on Polygon. Released in conjunction with ShapeShift’s integration of the Polygon chain, users can seamlessly explore 12 chains while unlocking 183 traits and 19 billion possible configurations for their FOX avatar.  DENVER, July 24, 2023 (GLOBE NEWSWIRE) —  ShapeShift DAO, […]

Greene County Bancorp, Inc. Reports 15th Consecutive Year of Record Net Income for Fiscal Year Ended June 30, 2023 and Opens Branch in Rensselaer County, NY

CATSKILL, N.Y., July 24, 2023 (GLOBE NEWSWIRE) — Greene County Bancorp, Inc. (the “Company”) (NASDAQ: GCBC), the holding company for The Bank of Greene County and its subsidiary Greene County Commercial Bank, today reported net income for the quarter and fiscal year ended June 30, 2023. Net income for the quarter and fiscal year ended […]

RJD Green, Inc. (RJDG) Timely Filed Q3 Quarterly Report on OTC Markets; Shows Revenue from Operations of $3,652,371 as of May 31, 2023

TULSA, OK, July 24, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — RJD Green Inc. (OTCPK: RJDG), a publicly traded company that operates as a holding company focusing on acquiring and managing assets, while actively exploring potential acquisitions and opportunities in diversified industries, announced the results of its Quarterly Report for Q3 Ended, May 31, 2023. […]

Five Star Bank Promotes Scott Bader to Chief Information Security Officer

Mr. Bader has over 15 years of experience managing technology services for Five Star Bank Five Star Bank Promotes Scott Bader to Chief Information Security Officer Five Star Bank Promotes Scott Bader to Chief Information Security Officer WARSAW, N.Y., July 24, 2023 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), parent company of Five […]

Lytus Technologies enters Fintech space with the launch of a new payment gateway in India

~Will invest 50 million dollars to expand their fintech service in India over the next 5 years~ Mumbai | New York, July 24, 2023 (GLOBE NEWSWIRE) —  Nasdaq-listed Lytus Technologies Holdings PTV. Ltd. (the “Company”) (NASDAQ: LYT), a leading global technology-driven services company, has announced the launch of its payments gateway for Indian consumers. This […]

Global AI in Fintech Market to Reach $30.61 Billion by 2028, Driven by Growing Internet Penetration and Demand for Process Automation in Financial Institutions

Global AI in Fintech Market Global AI in Fintech Market Dublin, July 24, 2023 (GLOBE NEWSWIRE) — The “Global AI in Fintech Market (2023-2028) by Component, Application, Deployment Mode, and Geography, Competitive Analysis, Impact of Covid-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering. The Global AI in Fintech Market is estimated to […]

Vizibill rebrand leverages 20 years of helping clients scale their businesses

eLabs, trusted subscription and recurring billing solutions provider is now Vizibill TORONTO, July 24, 2023 (GLOBE NEWSWIRE) — After 20 years in the customer billing services business, eLabs has rebranded to Vizibill.  The name change reflects eLabs’ evolution into an even more accurate, transparent, and agile customer subscription and recurring billing solutions provider.  Vizibill is […]

Preliminary Results FY23 Announcement and Q1 FY24 Trading Update

PayPoint Plc Preliminary Results FY23 Announcement and Q1 FY24 Trading Update PayPoint Plc today confirms that its preliminary results for the year ended 31 March 2023 will be announced on Friday 28th July 2023. The Board reconfirms that Group net revenue, excluding Appreciate Group, is expected to be around £125m (FY22: £115.1m) with accelerated revenue […]

Netspend Launches New X World Wallet™ During Inaugural Leagues Cup Soccer Tournament

U.S. Launch in Record Time Brings Leagues Cup Official Debit Card and Multicurrency Wallet to Tournament’s Multinational Fanbase AUSTIN, Texas–(BUSINESS WIRE)–Netspend today announced its new X World Wallet™ multicurrency travel wallet and payments super app will take centerstage as the official debit card of Leagues Cup in a campaign to run throughout the inaugural tournament. […]

KuCoin’s France Cryptoverse Report Unveiled: Gen Z Crypto Investors Powering French Crypto Market, 40% Entered in Just 6 Months

VICTORIA, Seychelles–(BUSINESS WIRE)–#blockchain–KuCoin, a leading global cryptocurrency exchange, has unveiled its 12th “Into the Cryptoverse” report, “Understanding Crypto Users In France.” The report uncovers the significant role of Gen Z investors in shaping the future of the French crypto market; approximately 40% of Gen Z crypto investors entered the crypto space in the last 6 […]