Techwire


HomeTrust Bancshares, Inc. Announces Regulatory Approval for Merger with Quantum Capital Corp.

ASHEVILLE, N.C., Jan. 31, 2023 (GLOBE NEWSWIRE) — HomeTrust Bancshares, Inc. (NASDAQ: HTBI) (“HomeTrust”), the holding company of HomeTrust Bank, today announced it has received the regulatory approvals, including approval from the Federal Reserve Bank of Richmond and the North Carolina Office of the Commissioner of Banks, necessary to complete the proposed merger of Quantum […]

Bitcoin Well Announces Executive Promotions and User Growth Updates

Online User Growth Online user growth over the last several months EDMONTON, Alberta, Jan. 31, 2023 (GLOBE NEWSWIRE) — Bitcoin Well Inc. (TSXV: BTCW) (“Bitcoin Well” or “Company”) is pleased to announce executive promotions alongside a company update in advance of our Q4 and Year End 2022 financials. The Company is excited to report the […]

AmeriCU to introduce a mobile mortgage lending experience powered by SimpleNexus

New York-based credit union to implement Nexus Engagement™, Nexus Origination™ and Nexus Closing™ to modernize the member homebuying experience and gain process efficiencies LEHI, Utah, Jan. 31, 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 […]

Juniper Research: Over 320 Million Credit Cards to Be Issued Globally by 2027, as Digital Card Issuance Platforms Expand into New Markets

BASINGSTOKE, England–(BUSINESS WIRE)–#creditcards–A new study from Juniper Research has found that the number of credit cards issued via digital card issuance platforms will exceed 321 million globally by 2027, from 120 million in 2023. This growth of almost 170% reflects the use of new advanced digital capabilities, such as digital loyalty schemes and instant issuance, […]

Bigbank AS Invites to Attend Webinars Introducing Second Series of Public Subordinated Bond Offering

Bigbank AS invites all interested parties to participate in a webinar introducing the issue of the public offering of Bigbank AS subordinated bonds in Estonia, Latvia, Lithuania. The webinars will be organised on February 1, 2023, at 13:00 (EET) in English and at 15:00 (EET) in Estonian. In the webinar, Bigbank AS management board members Martin Länts […]

Notice on Public Offering of Unsecured Subordinated Bonds of Bigbank AS and Registration of Prospectus Supplement

Bigbank AS (register code 10183757, address Riia tn 2, Tartu, 51004; Bigbank) hereby announces a public offering of Bigbank’s unsecured subordinated bonds (the Offering) and informs of registration of supplement no 1 to the base prospectus registered by the Estonian Financial Supervision Authority (the FSA) on 5 September 2022. The Offering is the second series […]

Fiserv Looks to Support New Payment Flows with Major Payment Institution License from Monetary Authority of Singapore

Company’s local operating entity granted license to provide merchant acquisition and domestic and cross-border money transfer services under the Payment Services Act SINGAPORE–(BUSINESS WIRE)–A Fiserv, Inc. (NASDAQ: FISV) operating entity that provides payment solutions for merchants in Singapore, First Data Merchant Solutions Private Limited, has been granted a Major Payment Institution (MPI) license by the […]

Outsourcing Helps Australian Insurers Mount Obstacles

Insurance companies are working with service providers to compete in a changing industry while facing rising claims, ISG Provider Lens™ report says SYDNEY–(BUSINESS WIRE)–#ERP–Insurance companies in Australia are turning to business process outsourcing (BPO) providers to overcome recent major challenges, meet changing consumer expectations and remain competitive, according to a new research report published today […]

Southern Missouri Bancorp Reports Preliminary Results for Second Quarter of Fiscal 2023; Declares Quarterly Dividend of $0.21 Per Common Share; Conference Call Scheduled for Tuesday, January 31, at 9:30am Central Time

Poplar Bluff, Missouri, Jan. 30, 2023 (GLOBE NEWSWIRE) — Southern Missouri Bancorp, Inc. (“Company”) (NASDAQ: SMBC), the parent corporation of Southern Bank (“Bank”), today announced preliminary net income for the second quarter of fiscal 2023 of $11.7 million, a decrease of $321,000, or 2.7%, as compared to the same period of the prior fiscal year. […]

Financial Institutions, Inc. Announces Fourth Quarter and Full Year 2022 Results

WARSAW, N.Y., Jan. 30, 2023 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (NASDAQ:FISI) (the “Company,” “we” or “us”), parent company of Five Star Bank (the “Bank”), SDN Insurance Agency, LLC (“SDN”), Courier Capital, LLC (“Courier Capital”) and HNP Capital, LLC (“HNP Capital”), today reported financial and operational results for the fourth quarter and year ended December 31, […]

UNCLE Credit Union Welcomes Chief Credit Officer and Announces Additional Title Changes

UNCLE Credit Union Welcomes Chief Credit Officer Blair Conner, SVP Chief Credit Officer LIVERMORE, Calif., Jan. 30, 2023 (GLOBE NEWSWIRE) — For the first time in their organization’s history, UNCLE Credit Union has added a Chief Credit Officer to its Senior Executive Team. Blair Conner joined the credit union as a Senior Vice President, Chief […]

Ncontracts Announces Launch of Risk Performance Management (RPM)

Latest suite combines RegTech leader’s most powerful risk and compliance management solutions BRENTWOOD, Tenn.–(BUSINESS WIRE)–Ncontracts, the leading provider of integrated compliance and risk management solutions to the financial industry, is helping to define a new category and view of risk management with the release of its Risk Performance Management (RPM) Suite. The RPM Suite combines […]

 Orion Champions Effort to Connect 10,000 Advisors to Families Facing Financial Hardships

 Wealthtech leader pledges support to the Foundation for Financial Planning’s ProBonoPlannerMatch.org initiative and offers free planning technology to advisors OMAHA, Neb.–(BUSINESS WIRE)–Orion Advisor Solutions, the premier provider of transformative wealthtech solutions for fiduciary advisors, announced today expanded financial support of the Foundation for Financial Planning (FFP) and its mission to bring free, quality financial advice […]

FirstBank Opens New Downtown Denver Location

Retail banking and office space at 1144 15th St. reflects market growth, commitment to community needs FirstBank Downtown Location (retail) The retail area of FirstBank’s new Downtown Denver location. FirstBank Downtown Location (office) FirstBank’s Downtown Denver office. FirstBank Downtown Location (front doors) Entrance to FirstBank’s new Downtown Denver location. LAKEWOOD, Colo., Jan. 30, 2023 (GLOBE NEWSWIRE) […]

Owlin Launches End-to-End KYC Solution for Payment Service Providers

NEW YORK & AMSTERDAM–(BUSINESS WIRE)–#fintech–Today, AI platform Owlin announced the launch of Owlin for KYC, offering Payment Service Providers (PSPs) a single solution for onboarding, monitoring, and offboarding merchants. With this new solution, Owlin helps PSPs with some of their most pressing priorities around meeting recent regulatory requirements and dealing with the insecurities that come […]

Durlston Partners Launches in the US

LONDON–(BUSINESS WIRE)–Durlston Partners, an expert talent advisory firm, specialising in technology, quantitative finance and data science, is delighted to announce the launch of its US office in New York City, marking the first in a series of planned openings globally. The New York office, which is located just north of Midtown, will deliver talent advisory […]

Ault Alliance Announces that BITNILE.com Will Launch March 1, 2023

Stockholders Invited to Participate in Online Tour February 28, 2023 LAS VEGAS–(BUSINESS WIRE)–$AP #AULT—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company formerly known as BitNile Holdings, Inc. (“Ault Alliance” or the “Company”), announced today it is inviting its stockholders to a tour of its next-generation marketplace, BITNILE.com, on February 28, 2023. The tour […]

8Twelve Enters into Mortgage Solution Agreement with Your Home Sold Guaranteed Realty

TORONTO, Jan. 30, 2023 (GLOBE NEWSWIRE) — 8Twelve Financial Technologies Inc. (“8Twelve” or the “Company”) is pleased to announce that it has entered into an agreement to provide mortgage solutions to Your Home Sold Guaranteed Realty (“YHSGR”), its agents and their clients. 8Twelve’s proprietary INFIN8 utilizes real-time analytics, AI, and workflow automation to identify the […]

Auburn National Bancorporation, Inc. Reports Record Full Year Net Earnings of $10.3 million, or $2.95 per share and Record Quarterly Net Earnings of $4.5 million, or $1.27 per share

Fourth Quarter 2022 Highlights: Net interest income (tax-equivalent) increased 23% from Q4 2021 Net interest margin (tax-equivalent) increased to 3.27% from 2.45% in Q4 2021 Cost of funds was 43 basis points, compared to 36 basis points in Q4 2021 Average loans increased by $34.4 million or 8% from Q4 2021 Notable non-routine items: $3.2 […]

Global 3D Secure Payment Authentication Market Report 2022: Increase In Online Sales Fuels Growth

3d-secure-payment-authentication-market-size.jpg 3d-secure-payment-authentication-market-size.jpg Dublin, Jan. 30, 2023 (GLOBE NEWSWIRE) — The “Global 3D Secure Payment Authentication Market Size, Share & Industry Trends Analysis Report By Application (Banks and Merchants & Payment Gateway), By Component (Merchant Plug-in, Access Control Server), By Regional Outlook and Forecast, 2022 – 2028” report has been added to ResearchAndMarkets.com’s offering. The Global […]

Eberl Claims Service Announces Acquisition of Transcynd Claim Partners

Companies join forces and further commit to offering comprehensive, tech-forward claims solutions to the U.S. property and casualty insurance industry Eberl Claims Service Announces Acquisition of Transcynd Claim Partners Companies join forces and further commit to offering comprehensive, tech-forward claims solutions to the U.S. property and casualty insurance industry. LAKEWOOD, Colo., Jan. 30, 2023 (GLOBE […]

iShares® iBonds® 2023 Term Maturity ETFs Near Final Distribution Dates

NEW YORK–(BUSINESS WIRE)–BlackRock announced today the planned termination of two 2023 iBonds ETFs, which possess the following timelines for trading, net-asset value (NAV) circulation and expected liquidation: Ticker Fund name Exchange Last day of trading Final NAV calculation date Liquidation date IBCE iShares® iBonds® Mar 2023 Term Corporate ex- Financials ETF NYSE Arca 3/30/2023 3/30/2023 […]

Insurtech COVU Leverages OpenAI to Streamline Insurance Agency Operations

REDWOOD CITY, Calif.–(BUSINESS WIRE)–COVU, the only all-in-one AI-enabled digital platform for insurance agencies, has released a new executive forecast on the industry shift toward using generative artificial intelligence (AI) tools to help insurance agencies streamline operations, customer service, and cross-selling opportunities. COVU is a pioneering insurtech startup that gives independent agencies comprehensive support and cutting-edge […]

KS Bancorp, Inc. (KSBI) Announces Fourth Quarter 2022 Financial Results and Cash Dividend

SMITHFIELD, N.C., Jan. 27, 2023 (GLOBE NEWSWIRE) — KS Bancorp, Inc. (the “Company”) (OTCBB: KSBI), parent company of KS Bank, Inc. (the “Bank”), announced unaudited results for the fourth quarter of 2022. The Company reported net income of $2.3 million or $2.11 per diluted share, for the three months ended December 31, 2022, an increase […]

UPDATE – PacWest Bancorp Announces the Evolution of Its Business Strategy

LOS ANGELES, Jan. 27, 2023 (GLOBE NEWSWIRE) — PacWest Bancorp (Nasdaq:PACW) (the “Company”) today announced a new strategic plan with a mission to maximize shareholder value by exceeding customer expectations. This plan focuses on strengthening our community bank businesses, exiting non-core products and services, and improving our operational efficiency. Specifically, the Company made the decision […]

River City Bank Reports a 6 Percent Increase to the Quarterly Cash Dividend on Common Shares

SACRAMENTO, Calif., Jan. 27, 2023 (GLOBE NEWSWIRE) — Steve Fleming, president and chief executive officer of River City Bank (the Bank), announced that the Bank’s board of directors has approved a 6 percent increase to the quarterly cash dividend from $0.33 per common share to $0.35 per common share. This increase was made in connection with […]

ICE Announces Plans to Implement EU Market Correction Mechanism and Related Price Cap on TTF Natural Gas

AMSTERDAM & LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced how it intends to implement the European Union’s Market Correction Mechanism Regulation (MCM Regulation) and related price cap on TTF natural gas derivatives, in time for entry into force of the regulation. ICE Endex, based […]

Greenwood Powers ‘Classically Ours’ Featuring Jeezy with the Atlanta Symphony Orchestra and Provides Exclusive Access to Elevate Members

Through New Lifestyle and Career Membership, Elevate, Greenwood also Provides Exclusive Access to the One-Night Only, Sold Out Performance ATLANTA–(BUSINESS WIRE)–Greenwood, the digital banking platform for Black and Latino individuals and businesses, is powering the debut performance of Classically Ours, a new concert series that blends the music of some of the biggest names in […]

Extension of the term of office of a Member of the Management Board of Bigbank AS

The supervisory board of Bigbank AS has decided on 25 January 2023 to extend the term of office of Mart Veskimägi as the member of the management board of Bigbank AS for another 3 years, beginning from the end of the previous term until 05 February 2026. The management board of Bigbank AS will continue […]

Provident Financial Services, Inc. Announces Record Fourth Quarter and Full Year Earnings, Declaration of Quarterly Cash Dividend and Annual Meeting Date

ISELIN, N.J., Jan. 27, 2023 (GLOBE NEWSWIRE) — Provident Financial Services, Inc. (NYSE:PFS) (the “Company”) reported net income of $49.0 million, or $0.66 per basic and diluted share for the three months ended December 31, 2022, compared to $43.4 million, or $0.58 per basic and diluted share, for the three months ended September 30, 2022 […]

Growing at a CAGR of 22.4% in 2022-2027, the Tokenization Market is driven rapidly by the Rising Adoption in E-commerce and Mobile payments, along with the growing need for Tokenization Solutions from BFSI Sector, says Mordor Intelligence.

Source- Mordor Intelligence Hyderabad, Jan. 27, 2023 (GLOBE NEWSWIRE) — The use of a tokenization solution, the concept of a surrogate being used to replace the sensitive value, has been prominently used in payments and financial services for a considerably long period of time. However, the consumer-driven demand for smart devices, coupled with rapidly changing […]

Earnest Appoints New Chief People and Chief Technology Officers

CPO Leanne Loveday-Smith and CTO Meetesh Karia to Support Strategic, Long-Term Growth and Evolution of Leading Fintech Company SAN FRANCISCO–(BUSINESS WIRE)–Earnest, a fintech company dedicated to making higher education accessible and affordable for everyone, today announced two strategic additions to the executive team: Chief People Officer (CPO) Leanne Loveday-Smith, SPHR, M.S. and Chief Technology Officer […]

Seacoast Reports Fourth Quarter and Full Year 2022 Results

Fourth Quarter 2022 Net Interest Margin Expands to 4.36%, Up 69 Basis Points from Prior Quarter Completes Acquisitions of Apollo Bancshares, Inc. and Drummond Banking Company Well-Positioned Balance Sheet with Strong Capital Position STUART, Fla., Jan. 26, 2023 (GLOBE NEWSWIRE) — Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF) today reported net […]

Flushing Financial Corporation Reports 4Q22 GAAP EPS of $0.34 and Core EPS of $0.57; Full Year 2022 GAAP EPS of $2.50 and Core EPS of $2.49

John R. Buran, President and CEO Commentary UNIONDALE, N.Y., Jan. 26, 2023 (GLOBE NEWSWIRE) — The Company reported fourth quarter 2022 GAAP EPS of $0.34, down 41.4% YoY, with ROAA of 0.48%, and ROAE of 6.06%. Core 4Q22 EPS was $0.57, a decrease of 14.9% YoY, with ROAA of 0.82% and ROAE of 10.29%. Full […]

PacWest Bancorp Announces the Evolution of Its Business Strategy

LOS ANGELES, Jan. 26, 2023 (GLOBE NEWSWIRE) — PacWest Bancorp (Nasdaq: PACW) (the “Company”) today announced a new strategic plan with a mission to maximize shareholder value by exceeding customer expectations. This plan focuses on strengthening our community bank businesses, exiting non-core products and services, and improving our operational efficiency. Specifically, the Company made the […]

Award-Winning Smart Card Cybersecurity Firm CardLab Enters into Strategic Partnership with Italian Hi-Tech Company WiBioCard

CardLab and WiBioCard have combined their proprietary technologies to create a fully integrated card and backend authentication solution that aims to unlock a new era of unique user identification and privacy protection. CardLab ApS CardLab was designated the “Most Secure and Innovative Cyber Security Protection Solution” by Business World Magazine. San Francisco, California, USA, Jan. […]

HOME FEDERAL BANCORP, INC. OF LOUISIANA REPORTS RESULTS OF OPERATIONS FOR THE THREE AND SIX MONTHS ENDED DECEMBER 31, 2022

Shreveport, Louisiana, Jan. 26, 2023 (GLOBE NEWSWIRE) — Home Federal Bancorp, Inc. of Louisiana (the “Company”) (Nasdaq: HFBL), the holding company of Home Federal Bank, reported net income for the three months ended December 31, 2022 of $1.7 million compared to net income of $1.2 million reported for the three months ended December 31, 2021. […]

PacWest Bancorp Announces Results for the Fourth Quarter and Full Year 2022

LOS ANGELES, Jan. 26, 2023 (GLOBE NEWSWIRE) — PacWest Bancorp (Nasdaq: PACW) – FOURTH QUARTER 2022 RESULTS $39.6M $0.33 14.39% 8.70% Net Earnings Available to Common Stockholders Diluted Earnings per Common Share ROATCE CET1 FOURTH QUARTER 2022 HIGHLIGHTS  Announced leadership transition with Paul Taylor as President and CEO and Kevin Thompson as CFO Strategically sold […]

Bankers Helping Bankers Names PULSE® Exclusive Debit Partner

Partnership advances Bankers Helping Bankers’ mission of empowering community banks HOUSTON–(BUSINESS WIRE)–Bankers Helping Bankers, an online platform that promotes innovation among community banks, has named Discover® Financial Services’ PULSE® debit network its exclusive debit partner. The agreement builds upon PULSE’s longstanding support of community banks and the Independent Bankers Association of Texas (IBAT), which co-founded […]