Techwire


Wayne Savings Bancshares, Inc. and Main Street Financial Services Corp. announce Merger of Equals transaction, creating a community bank with assets in excess of $1.3 billion

Highlights of the Announced Transaction: Pro forma assets of approximately $1.35 billion and a combined market capitalization of approximately $130 million. The combined company will have 18 branches, with a retail and lending presence covering Wooster, Ohio to Wheeling, West Virginia with exposure to the major metropolitan areas of Cleveland, Akron, Canton, Youngstown, and Pittsburgh. Meaningful synergies should […]

Airkit Announces Winter 2023 Platform Update Featuring Enhanced Data Security Capabilities and New Multi-Environment Deployment Capabilities

Latest features allow enterprises to build best-in-class digital customer experiences faster while also introducing the most comprehensive data security controls available amongst composable low-code platforms Airkit Airkit REDWOOD CITY, Calif., Feb. 23, 2023 (GLOBE NEWSWIRE) — Airkit’s #1-rated low-code platform that enables the composable enterprise today announced its Winter 2023 Platform Update, its first major […]

Multitude SE: Fitch Affirms Multitude at ‘B+’ with Stable Outlook

Multitude SE: Fitch Affirms Multitude at ‘B+’ with Stable Outlook Helsinki, 23 February 2023 – Multitude SE (ISIN: FI4000106299, WKN: A1W9NS) (“Multitude” or “the Group”) announces that Fitch Ratings has affirmed Multitude SE’s Long-Term Issuer Default Rating (IDR) at ‘B+’ with Stable Outlook. The senior unsecured notes have been affirmed at ‘B+’/RR4 and the subordinated […]

Metallicus Executives Announce Formation of FBBT Holdings, To Deliver Banking And Financial Services to Tech Industry and Investors

SAN FRANCISCO–(BUSINESS WIRE)–Executives of Metallicus, Inc., a financial services and technology company, have announced the formation of FBBT Holdings, Inc., to expand banking and financial services to underserved customers in emerging technology industries. The founders, Marshall Hayner and Irina Berkon, board members and executives of Metallicus, see the holding company providing regulated and compliant banking […]

Root, Inc. Announces 2022 Fourth Quarter and Full Year Results

COLUMBUS, Ohio, Feb. 22, 2023 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced financial results for the quarter and year end December 31, 2022. Root’s fourth quarter and full year financial results and management commentary can be found by accessing the shareholder letter posted to the company’s […]

Dynasty Financial Partners and BridgeFT Announce a Strategic Partnership to Make BridgeFT’s WealthTech API the Primary Data Aggregation Partner for Dynasty’s Integrated Technology Platform

Dynasty Financial Partners Will Make a Strategic Investment in BridgeFT to Help the Company Fuel Its Future Growth SAINT PETERSBURG, Fla. & CHICAGO–(BUSINESS WIRE)–Dynasty Financial Partners (“Dynasty”), the provider of technology-enabled wealth management solutions and business services for financial advisory firms, announced today that Dynasty has chosen BridgeFT’s WealthTech API as its primary custodial data […]

Halo Investing Secures Financial Services Permission from Abu Dhabi Global Market’s Financial Services Regulatory Authority (FSRA)

CHICAGO, Feb. 22, 2023 (GLOBE NEWSWIRE) — Halo Investing, a leading global Fintech headquartered in Chicago, U.S.A., today announced that it has secured its Financial Services Permission (“FSP”) from Abu Dhabi Global Market (“ADGM”)’s Financial Services Regulatory Authority (“FSRA”) effective 19 January 2023. The FSP enables professional investors to benefit from Halo Investing’s award-winning technology, […]

Discover® Launches the Discover Technology Experience to Share Knowledge, Build a Community and Help Others Master their Technology Craft

Joins the Linux Foundation and the Fintech Open Source Foundation to further develop and contribute to the open-source ecosystem RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover is announcing the launch of the Discover Technology Experience, a public-facing digital website that will help people build their technology craft and grow their careers through knowledge sharing. The Discover Technology Experience represents […]

Municipal Property Insurance Company Selects Origami Risk Core Platform for Policy Administration, Claims, Risk Services

Carrier Leveraging Origami’s Multi-Tenant SAAS P/C Insurance Suite To Streamline Underwriting, Billing, Claims Admin MIDDLETON, Wis.–(BUSINESS WIRE)–#CoreSolutions–Municipal Property Insurance Company (MPIC), a premiere provider of property insurance coverages to municipalities throughout Wisconsin, has selected Origami Risk’s multi-tenant SAAS P/C platform for underwriting, billing, and claims administration. In addition to gaining speed and efficiency in its […]

Orion Launches Advisor Academy, a Free On-Demand Learning Platform for Fiduciary Advisors

Wealthtech firm enhances education offering to help advisors grow their business, earn CE credit OMAHA, Neb.–(BUSINESS WIRE)–Orion Advisor Solutions, the premier provider of transformative wealthtech solutions for fiduciary advisors, announced today Orion Advisor Academy, a new on-demand learning platform that provides practical, actionable education for advisors to improve and grow their businesses while earning continuing […]

AccessOne Survey: 3 Out of 4 Consumers Say Inflation Impacts Healthcare Decisions

Responses reveal priority of relieving patients’ financial stress as hospitals work to recapture patient volumes CHARLOTTE, N.C.–(BUSINESS WIRE)–Seventy-one percent of consumers say inflation has affected healthcare purchasing decisions or their ability to pay their medical bills, according to a recent survey commissioned by AccessOne, a leading provider of patient financing solutions designed to help consumers […]

Intercontinental Exchange Selects Dow Jones as Main Provider of News Content Available on ICE Desktops

ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced it has selected Dow Jones as its main provider of news content on ICE desktops. Under the expanded agreement, customers will have access to premium news, data and insights from Dow Jones Newswires. This […]

Global M-Commerce Strategic Business Report 2023: Increasing Proliferation of Smartphones Drives Growth

Global Market for M-Commerce Global Market for M-Commerce Dublin, Feb. 22, 2023 (GLOBE NEWSWIRE) — The “M-Commerce: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering. The global market for M-Commerce estimated at US$422.1 Billion in the year 2022, is projected to reach a revised size of US$2.4 Trillion by 2030, growing at […]

Pecan AI Announces Marketing Mix Modeling Solution and Live Event Featuring Google Marketing and Data Expert

Pecan’s marketing mix modeling uses state-of-the-art machine learning to solve marketers’ measurement and planning needs NEW YORK & TEL AVIV , Israel–(BUSINESS WIRE)–#digitalmarketing—Pecan AI, the leader in AI-based predictive analytics for BI analysts and business teams, today announced the addition of marketing mix modeling (MMM) to its suite of low-code, automated predictive analytics solutions. As […]

Mission Lane and Plaid expand open finance partnership to offer additional connected solutions to underbanked customers

Expanded partnership will provide additional Plaid capabilities to Mission Lane’s more than 2 million customers, many of whom lack access to traditional financial services. RICHMOND, Va.–(BUSINESS WIRE)–Purpose-driven fintech Mission Lane today announced it is expanding its partnership with the data network Plaid to bring secure open finance solutions to its two million-plus customers. The expanded […]

Embroker Launches New Law Bundle Built on ONE by Embroker Platform

New single application provides law firms with tailor-made malpractice and cyber insurance quotes in real-time SAN FRANCISCO–(BUSINESS WIRE)–Embroker, the digital insurance platform making it radically simple to get business insurance, today introduced its new malpractice and cyber bundle for law firms. This bundle – its first vertical offering built on the new ONE by Embroker […]

2023 Banking & Financial Services Opportunity Trends Report: Focus on Hyper Personalized Banking, Biometric Payments, NFC Payments, Flexible Mobile Payments, Neo Banking, BaaP, and IaaS

Dublin, Feb. 22, 2023 (GLOBE NEWSWIRE) — The “Trend Opportunity Profile – Banking & Financial Services” report has been added to ResearchAndMarkets.com’s offering. This trend opportunity profile covers the global aspects of banking and financial services, featuring the most upcoming trends that cater to the BFS industry. In addition, the study describes the opportunities for […]

Nuvei Completes $1.3 Billion Acquisition of Paya

Adds Leading U.S. Provider of Integrated Payment and Commerce Solutions to Further Bolster Diversified Platform Anticipates Results for Fourth Quarter and Fiscal Year 2022 In Line with Previously Provided Outlook Sets Conference Call to Announce Fourth Quarter and Fiscal Year 2022 Results for March 8, 2023 MONTREAL, Feb. 22, 2023 (GLOBE NEWSWIRE) — Nuvei Corporation […]

Flywire Partners with FranConnect to Provide Integrated B2B Payments Solution to the Franchise Industry

Flywire’s integrated offering with leading provider of franchise management solutions offers a streamlined payment experience for franchisors Partnership aligns with Flywire’s strategy to pursue strategic partnerships as a key growth lever in B2B BOSTON, Feb. 22, 2023 (GLOBE NEWSWIRE) — Today, Flywire Corporation (Flywire) (Nasdaq: FLYW) a global payments enablement and software company, is announcing […]

Wipro Lab45 Taps Into the Power of Blockchain Technology to Change the Paradigm in Digital Identification and Verification

Launches Decentralized Identity and Credential Exchange (DICE) ID to make digital identification and credential verification faster, easier, and more secure DICE ID creates immediate trust between parties and giving end users control over their personal data Wipro was recently named to the Forbes Blockchain 50 2023 list NEW YORK & BANGALORE, India–(BUSINESS WIRE)–$WIPRO #DICEID—Wipro Lab45, […]

Face-swiping Payment Market [2023] – Latest Report Researches the Industry Growth, Type & Application, Key Players, Revenue and Gross Margin, Market Share, Industry Demand and Company Profiles are Presented

Pune, Feb. 22, 2023 (GLOBE NEWSWIRE) — Face-swiping Payment Market report analyses top opportunities in the market and summarizes the features that are and will drive the progress of the industry. Report also focus on earlier growing patterns, growth drivers, and present and upcoming trends, and estimate the overall development of the global Face-swiping Payment market […]

Catalyst Pharmaceuticals to Ring the Nasdaq Closing Bell in Honor of International Rare Disease Day

Spotlight On Raising Awareness for Rare Diseases on February 28, 2023 Celebrating the Tireless Contributions of Patients and Advocates who Work with the Biotech Industry to Bring New Treatments to the Community CORAL GABLES, Fla., Feb. 22, 2023 (GLOBE NEWSWIRE) — Catalyst Pharmaceuticals, Inc., (“Catalyst”) (Nasdaq: CPRX) today announced that the Company will ring the […]

Global Fuel Dispenser Market Projected to Grow at a 5.82% CAGR by 2030 – Report by Market Research Future (MRFR)

Fuel Dispenser Market Research Report Information by Product (General Fuel Dispenser and Self-Service Fuel Dispenser), by Type (Submersible and Suction), by Application (Petrol, Diesel, Biofuel, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of The World) – Market Forecast Till 2030 New York, US, Feb. 22, 2023 (GLOBE NEWSWIRE) — According to […]

Insurance Newslink Global Trends Database 2023: Over 50,000 Expertly Selected Articles on Market News and Trends

Dublin, Feb. 22, 2023 (GLOBE NEWSWIRE) — The “OnlyStrategic Insurance Newslink Global Trends Database” database has been added to ResearchAndMarkets.com’s offering. The Insurance Newslink Global Trends Database of 50,000+ articles contains expertly selected, edited and linked key intelligence worldwide from source with new articles added each week. The target strategic intelligence is worldwide market news […]

Ebix Signs Debt Extension Amendment with Existing Lenders

JOHNS CREEK, Ga., Feb. 22, 2023 (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, announced that it has signed an amendment (“Amendment No. 13”) to its existing credit agreement, extending the maturity date to May 23, 2023. Amendment […]

Avidia Bank Implements Nexus Closing by SimpleNexus to Provide Customers the Convenience of a Modern Closing Experience

Massachusetts bank rounds out its adoption of SimpleNexus’ digital mortgage toolset with the implementation of Nexus Closing LEHI, Utah, Feb. 22, 2023 (GLOBE NEWSWIRE) — SimpleNexus (https://simplenexus.com/), an nCino (NASDAQ: NCNO) company and developer of the leading U.S. homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced that Hudson, Massachusetts-based […]

EagleBank Provides Financing for Strathmore Square Development in North Bethesda

Funding supports the construction of two multifamily, residential apartment buildings and amenity retail in Strathmore Square BETHESDA, Md., Feb. 22, 2023 (GLOBE NEWSWIRE) — EagleBank (NASDAQ: EGBN), one of the largest community banks in the Washington, D.C. area, today announced it will provide $94,000,000 in financing to Aimco and Fivesquares Development, LLC to launch the construction […]

AppTech Payments Corp. Engages MZ Group to Lead Strategic Investor Relations and Shareholder Communications Program

CARLSBAD, Calif., Feb. 22, 2023 (GLOBE NEWSWIRE) — AppTech Payments Corp. (“AppTech”) (NASDAQ: APCX), an innovative Fintech company powering seamless, omni-channel commerce between businesses and consumers, has engaged international investor relations specialists MZ Group (MZ) to lead a comprehensive strategic investor relations and financial communications program across all key markets. MZ Group will work closely […]

Hume Bank Transforms Customer Onboarding with Q2’s Cloud-based Loan Origination Platform

Hume Bank selects Q2 to help future-proof and differentiate its customer onboarding journey for loan and deposit products AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, announced today that Hume Bank, a AU$1.7B community bank based in Albury, has selected Q2 to transform and streamline […]

Household Bills Take a 42% Bite Out of U.S. Household Income, Averaging $29,459 Per Year, as Consumers Struggle with Economic Headwinds

doxo’s new Report Shows That Americans Spend a Total of $3.87 Trillion Each Year on Household Bills, With Mortgage and Rent, Auto Loans and Utilities Topping the List of Largest Monthly Expenditures SEATTLE–(BUSINESS WIRE)–doxo, the innovative web and mobile bill pay service, today released its 2023 U.S Bill Pay Market Size & Category Breakout Report, […]

Clip Money Inc. Announces Non-Brokered Private Placement

TORONTO, Feb. 21, 2023 (GLOBE NEWSWIRE) — Clip Money Inc. (TSX-V: CLIP) (OTCQB: CLPMF) (“Clip Money” or the “Company”), a company that operates a multi-bank self-service deposit system for businesses, is pleased to announce a non-brokered private placement (the “Private Placement”) of up to 1,538,462 units of the Company (each a “Unit”) at a price […]

Investments in Unbanked Soar as KingsCrowd Capital Invests After Unbanked Is Rated A “Top Deal”

Ian Kane – CEO Unbanked Ian Kane – CEO Unbanked Ahmad Takatkah – CIO KingsCrowd Ahmad Takatkah – CIO KingsCrowd Unbanked / KingsCrowd Unbanked / KingsCrowd NEW YORK, Feb. 21, 2023 (GLOBE NEWSWIRE) — It was announced today that KingsCrowd Capital, a data-driven venture capital fund, has invested in Unbanked Inc after the company achieved […]

Meriwest Credit Union Announces Lisa Pesta as New CEO

Executive Vice President and COO, Lisa Pesta, assumes the helm of the $2.2 billion financial institution SILICON VALLEY, Calif., Feb. 21, 2023 (GLOBE NEWSWIRE) — Meriwest Credit Union Board of Directors is proud to announce the appointment of Executive Vice President and Chief Operating Officer, Lisa Pesta, as the new President and Chief Executive Officer […]

Blackhawk Network and Equitable Bank Introduce Joker Prepaid Visa Card at Retailers Across Canada

Canadian retailers offering new flexibility with open loop card addition in-store PLEASANTON, Calif.–(BUSINESS WIRE)–With the mission of supporting the expansion of payment options across Canada, Blackhawk Network (BHN) has launched its Joker Prepaid Visa open loop cards that give retailers across Canada the ability to sell open loop cards to in-store shoppers. Boasting no maintenance […]

De-Risking the Future: kWh Analytics, Arava Power, Paz Oil, Menora Mivtachim and Nomura Partner on Solar Investment

Solar Revenue Put production insurance supports Arava Power, Paz Oil and Menora’s US solar debut in a $200m senior secured credit facility lead by Nomura SAN FRANCISCO–(BUSINESS WIRE)–#solardata–kWh Analytics, the market leader in Climate Insurance, today announced a partnership with Arava Power, Paz Oil and Menora Mivtachim to provide production insurance to optimize debt terms […]

Sumsub releases a complete guide to business verification highlighting compliance challenges

Sumsub’s compliance team has shared a free guide on KYB verification trends and best practices MIAMI–(BUSINESS WIRE)–#KYB–Sumsub, an all-in-one verification platform, today published its Complete Guide to Business Verification (KYB) for businesses in the fintech, banking, payment, crypto, e-commerce and gambling industries. Business verification market size is expected to grow at a CAGR of 11.81% […]

Satoshi’s Index Becomes First Fintech Company to Use NFTs for Software License Ownership

The technology innovation uses NFTs to authenticate user ownership and permissions by recording software licenses of their product on the Ethereum blockchain SEATTLE–(BUSINESS WIRE)–Satoshi’s Index, the Web3 fintech firm offering automated crypto investments, relaunches with an upcoming mint, updated platform, and a first for blockchain – offering ownership of a software license using blockchain-token technology. […]

Suffolk Technologies Receives GlobeSt. Real Estate Forum’s Influencer in CRE Technology 2023 Award

Award recognizes innovative leaders in CRE technology BOSTON–(BUSINESS WIRE)–Suffolk Technologies, Suffolk’s built environment venture capital firm, was selected as a top organization in GlobeSt. Real Estate Forum’s Influencers in CRE Technology 2023 awards, which honor innovative CRE tech professionals, organizations and teams whose industry advancements are furthering practices and promoting efficiencies. The awards also highlight […]

Applied Real Intelligence (“A.R.I.”) Launches Venture Debt Opportunities Fund for Qualified Clients

A.R.I.’s Fund Brings Exclusive Access to Wealth Advisors and Affluent Clients for First Time LOS ANGELES–(BUSINESS WIRE)–#AI—Applied Real Intelligence LLC (A.R.I.), an investment management company based in Los Angeles, has launched its A.R.I. Venture Debt Opportunities Fund for Qualified Clients in response to significant interest from Registered Investment Advisors (RIAs), wealth advisors, and their affluent […]

Link Ventures Announces $150 Million Fund

LV3 makes first investment in payment protection company nsKnox CAMBRIDGE, Mass.–(BUSINESS WIRE)–#AI–Link Ventures (“LV”), a venture capital firm that focuses on investing in early-stage technology companies, announced today that it has launched its third investment fund, Link Ventures 3 LP (“LV3”), with approximately $150 million in commitments. This fund size is 50% larger than its […]