Techwire


Blue to debut a fintech super app for Iraq and the Middle East

DUBAI, United Arab Emirates–(BUSINESS WIRE)–Blue (Ishtar Gate Company for E-Payment Systems and Services), an Iraq-based fintech company providing a wide range of technology solutions, has released its latest technology that allows users to trade US-listed stocks via a mobile app called Bluepay. Recently approved by the Central Bank in Iraq as the first and only […]

Global Sensors Enabling IoT in Retail Research Report 2022: Hyper-personalized Customer Experience Driving Technology Adoption

Dublin, Dec. 16, 2022 (GLOBE NEWSWIRE) — The “Growth Opportunities for Sensors Enabling IoT in Retail” report has been added to ResearchAndMarkets.com’s offering. The scope of this research study is limited to technologies that enable an interactive and immersive customer experience. The study assesses emerging technologies that facilitate a personalized customer experience in the retail […]

First United Bank Successfully Rolls Out Finotta to Customers, Sees 120 New Savings Accounts within First 24 Hours

Oklahoma-based bank supports customers’ financial wellness with new Personalized Financial Guidance (PFG) platform, produces tremendous results in first 30 days OVERLAND PARK, Kan.–(BUSINESS WIRE)–Finotta, a provider of embedded fintech for digital banking, announced today that First United Bank & Trust has successfully launched its Personified platform to its digital banking customers. Since launching on November […]

Airwallex partners with TripActions to support its global expenses and reimbursements

SAN FRANCISCO–(BUSINESS WIRE)–Global fintech Airwallex is pleased to announce that it has been chosen by TripActions as the partner of choice for its global cross-border payments and FX needs to support TripActions Liquid, its corporate card and expense management solution. With support from Airwallex’s global payments and banking infrastructure, TripActions can further streamline travel and […]

MICT Regains Compliance with Nasdaq Minimum Bid Price Rule

MONTVALE, NJ, Dec. 15, 2022 (GLOBE NEWSWIRE) — MICT, Inc. (NASDAQ: MICT) (“MICT”) announced today that it has received a Bid Price Compliance Letter from The Nasdaq Stock Market LLC (“Nasdaq”) informing MICT that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq […]

Best’s Special Report: Underwriting Expenses Remain Stable; Higher Advertising Expenditures Fuel Growth for Some

OLDWICK, N.J.–(BUSINESS WIRE)–Increases in U.S. property/casualty insurers’ underwriting expenses have been offset by commensurate increases in net premiums written, which has resulted in stable expense ratios over the past decade, according to a new AM Best report. In its Best’s Special Report, “Underwriting Expenses Remain Stable, Higher Advertising Expenditures Fuel Growth for Some,” AM Best […]

Stretch and Highnote Partner to Accelerate Financial Access and Small Business Entrepreneurship

Partnership creates financial building blocks for those facing barriers to banking services and business ownership SAN FRANCISCO, Dec. 15, 2022 (GLOBE NEWSWIRE) — Stretch, an education and financial platform for aspiring small business owners, announces its partnership with Highnote, a fully cloud-native card issuance and program management platform. Through the partnership’s first financial product, people […]

TalkMeUp Wins Three Gold 2022 Brandon Hall Group Excellence in Technology Awards

Prominent recognition reflects the business impact of breakthrough technology at a time when communication effectiveness is fast becoming a differentiator in the market. PITTSBURGH–(BUSINESS WIRE)–#AI–TalkMeUp, a leader in innovative communication effectiveness technology, won three coveted Brandon Hall Group Gold awards for Excellence in Technology. The recognition was for entries in the following categories: Best Advance […]

STP Investment Services Acquires Leading Family Office and Wealth Advisory Fintech Solution, WealthSite

The acquisition brings STP’s AUA to over $400B and will accelerate the technology roadmap of the firm’s proprietary BluePrint™ platform WEST CHESTER, Pa.–(BUSINESS WIRE)–#Accounting—STP Investment Services (STP), a global, technology-enabled, end-to-end investment operations service provider, today announced it has acquired WealthSite, a firm that provides a fully integrated and highly customized accounting, portfolio management, reporting […]

Report: Nearly 1 in 4 Consumers Who File Chargebacks Admit to “Friendly” Fraud

Sift’s Q4 2022 Digital Trust & Safety Index Reveals Chargeback Disputes are up as Economic Conditions Tighten Globally Chargeback Costs on the Rise Sift uncovered that the average disputed dollar amount has risen to nearly $200 in 2022. Consumers Admit to Friendly Fraud Nearly 1 in 4 consumers who have filed a dispute admitted to […]

Paysign and EvoShare Announce Partnership

Paysign’s Reward Program Provides More Cash Back Offers with EvoShare HENDERSON, Nev.–(BUSINESS WIRE)–Paysign, Inc. (NASDAQ: PAYS), a leading provider of prepaid card programs, comprehensive patient affordability offerings, digital banking services, and integrated payment processing, and EvoShare, a microsavings-oriented fintech startup based in Berkeley, CA, today announced a new partnership and integrated experience to bring more […]

TaskUs Named ‘Leader’ in Frost & Sullivan’s ‘Frost Radar: North American Customer Experience Outsourcing Services Market’ 2022 Report

NEW BRAUNFELS, Texas–(BUSINESS WIRE)–TaskUs, a provider of next-generation digital customer experience and AI outsourcing services to fast-growing technology companies, was recognized by Frost & Sullivan as a Leader in its “Frost Radar: North American Customer Experience Outsourcing Services Market” 2022 report. Frost & Sullivan distinguishes companies across regional and global markets for their achievements in […]

Payoneer receives in-principle regulatory approval in Singapore

As a Major Payment Institution License holder, the company can expand payments offerings in the country NEW YORK–(BUSINESS WIRE)–Payoneer (NASDAQ: PAYO), the commerce technology company powering payments and growth for the new global economy, has received in-principle approval as a Major Payment Institution License holder from the Monetary Authority of Singapore (MAS). The license, once […]

Edison Partners invests $15 million in Schedule K-1 automation disruptor K1x, Inc.

Investment will help K1x scale its business of transforming Schedule K-1 aggregation and packet production from a laborious manual process to an automated process PRINCETON, N.J.–(BUSINESS WIRE)–#EdisonPartners—Edison Partners, a leading growth equity investment firm, today announced a $15 million investment in K1x, the leading provider of automated solutions for aggregation and packet production for the […]

Wolters Kluwer Indicator “pain index” highlights significant risk and regulatory compliance concerns for U.S. lenders

10th annual survey reveals regulatory change management as a key challenge alongside concerns regarding new regulations MINNEAPOLIS–(BUSINESS WIRE)–#RiskManagement–Keeping pace with the volume, scope and breadth of regulatory changes tops the list of key concerns facing U.S. banks, credit unions, and other lenders, according to the results of Wolters Kluwer’s latest Regulatory & Risk Management Indicator […]

CWB and Brim Expand Partnership to Deliver Innovative New Business Credit Card Program

TORONTO–(BUSINESS WIRE)–Brim Financial and Canadian Western Bank (CWB) announced today the expansion of their partnership with a new business credit card offering. After a successful partnership and rollout of CWB’s personal credit cards, CWB and Brim are introducing an innovative suite of credit card products for CWB’s business banking clients. The cards are powered by […]

CoreChain Partners with Odoo to Embed B2B Payments and Financing for Small and Midsize Businesses

Open Source ERP Leader to Offer Blockchain-based Embedded Payments and Finance Solution SAN FRANCISCO & NEW HAVEN, Conn.–(BUSINESS WIRE)–#ERP—CoreChain Technologies, the first B2B payments network built on blockchain, today announced that it has partnered with Odoo, a leader in open source all-in-one business software, to provide embedded B2B payments and financing for Odoo’s ecosystem of […]

Flushing Financial Corporation To Host Fourth Quarter and Full Year 2022 Earnings Call

UNIONDALE, N.Y., Dec. 15, 2022 (GLOBE NEWSWIRE) — Flushing Financial Corporation (the “Company”) (Nasdaq-GS: FFIC), the parent holding company for Flushing Bank (the “Bank”), today announced that it will release its fourth quarter and full year 2022 earnings after the market closes on January 24, 2023. John R. Buran, President and Chief Executive Officer, and […]

Flash News: OKX Lists FLOKI for Spot Trading, Offers Year-end Special Staking and Flash Deals

VICTORIA, Seychelles, Dec. 15, 2022 (GLOBE NEWSWIRE) — OKX, the world-leading cryptocurrency platform, has issued updates for the week beginning December 12, 2022. OKX launches deposits for FLOKI meme coinOn December 15, OKX launched deposits for FLOKI. Spot trading for FLOKI/USDT and FLOKI/USDC on OKX will launch on December 16, while FLOKI withdrawals will open […]

Flywire Releases Inaugural Environmental, Social and Governance (ESG) Report

Flywire’s 2022 ESG report provides baseline ESG metrics and details the company’s ongoing commitments to environmental, social, and governance initiatives Flywire continues to enhance its ESG strategy to enrich its surrounding communities, and deliver value to clients, payers, employees and other stakeholders BOSTON, Dec. 15, 2022 (GLOBE NEWSWIRE) — Today, Flywire (NASDAQ: FLYW), a global […]

Fintech Leaders, GoLogiq and GammaRey, Plan to Combine Forces in $320 Million Merger

Privately-held GammaRey plans to bring to GoLogiq (OTC:GOLQ): Profitable business with strong cash flow. Nearly $800 million in customer financial assets. Full-stack ecosystem for the New World Digital Economy: commodity-backed digital currency, digital wallet, and proprietary transaction platform for securities, goods and services. NEW YORK, Dec. 15, 2022 (GLOBE NEWSWIRE) — GoLogiq, Inc. (OTC:GOLQ), a […]

Partnership between FMG and FP Transitions ignites 360-degree growth solutions for independent advisor businesses

Firms team up to power comprehensive advisor growth by combining the consulting expertise of FP Transitions with the easy-to-use, proven marketing technology and content platform of FMG. Lake Oswego, OR, Dec. 15, 2022 (GLOBE NEWSWIRE) — FP Transitions, the industry’s leading growth consultancy for wealth management firms including succession planning, equity management and M&A services, […]

Pico and BSO Partner to Expand Global Crypto Offerings

BSO’s Crypto Connect offers global, low-latency, cloud-to-cloud connections into leading digital asset exchanges The expanded partnership will provide clients access to over 35 major global crypto exchanges in addition to more than 300 global venues currently available on PicoNet The addition of Crypto Connect to the PicoNet ecosystem will give clients an easy onramp into […]

Shield Introduces Hybrid Cloud Solution For Financial Institutions

Shield’s platform provides cloud advantages without sacrificing existing on-premises data strategy, supporting banks and other firms’ urgent need to migrate to the cloud. TEL AVIV, Israel and NEW YORK, Dec. 15, 2022 (GLOBE NEWSWIRE) — Shield, the world’s leading communication compliance platform, today launched new hybrid cloud infrastructure technology that provides financial institutions with flexible, […]

Rakuten France Launches New Integrated Payment and Cashback Solution, Club R Pay

Rakuten France partners with Mastercard and Marqeta with the launch of Club R Pay, becoming the first e-commerce player to offer an integrated digital payment method linked to a cash-back system LONDON–(BUSINESS WIRE)–Rakuten France has announced the launch of a brand-new integrated payment solution, Club R Pay, becoming the first e-commerce player to offer such […]

Survey: UK Consumers Accept More Identity Checks after Losses of £15.3m across Christmas ’21

New insight suggests consumers are getting more savvy when it comes to the checks made by lenders — but can still be frustrated by delays Highlights 63% reported an increase in identity checks 72% know their banks verify identities to protect accounts 25% have abandoned opening an account because identity checks were too difficult or […]

OTT Pay Launches Shopify Integration to Provide Payment Service for Merchants

OTT Pay launches an integrated payment feature with top e-commerce platform Shopify Inc., offering a secure and reliable gateway for merchants and shoppers to facilitate transactions. Toronto, ON, Dec. 15, 2022 (GLOBE NEWSWIRE) — Canadian payment service provider OTT Pay launches an integrated payment feature with top e-commerce platform Shopify Inc., offering a secure and […]

United Fintech Acquires Cobalt To Strengthen FX & Digital Assets Trading Capabilities

LONDON–(BUSINESS WIRE)–#finance—United Fintech, the end-to-end solution for banking technology, announces the 100 percent acquisition of Cobalt, the provider of critical risk and data services to the FX and digital asset markets. The acquisition elevates United Fintech’s position as the leading end-to-end solution connecting financial institutions with innovative fintechs to accelerate digital transformation. This is United […]

Multitude SE: Multitude Group financial calendar for 2023

 Multitude Group financial calendar for 2023 Helsinki, 15 December 2022 – Multitude SE (ISIN: FI4000106299, WKN: A1W9NS) (“Multitude” or the “Group”) announces the following publication dates of the Group’s financial reports in 2023, as well as the Annual General Meeting: Date Publication 16.03.2023 Multitude SE: 2022 preliminary results 30.03.2023 Multitude SE: full year 2022 results […]

OKX Ventures, GSRV Co-Lead $2 Million Seed Round for Decentralized Identity Platform Nametag

SEATTLE, Dec. 14, 2022 (GLOBE NEWSWIRE) — Nametag, creators of the new standard for end-user identity verification with web3, today announced a $2 million seed round co-led by GSRV and OKX Ventures, with participation from Coinbase Ventures, Alchemy Ventures, Continue Capital, Mask Network, and Project Galaxy, along with strategic angels Cryptodog, Spencer Yang, and Wesley […]

ICE Global Network Expands in Key Asian Markets

Enhancements in Hong Kong, Shanghai and Tokyo offer managed hosting services and ultra-low-latency connectivity to global markets and data ATLANTA–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced the expansion of the ICE Global Network in the Asia Pacific region, with new access centers in Hong […]

Eagle Bancorp, Inc. Announces Cash Dividend and New Repurchase Program

BETHESDA, Md., Dec. 14, 2022 (GLOBE NEWSWIRE) — Eagle Bancorp, Inc. (the “Company”) (NASDAQ: EGBN), the parent company for EagleBank, today announced a cash dividend for the fourth quarter of 2022, in the amount of $0.45 per share. The cash dividend will be payable on January 31, 2023 to shareholders of record on January 5, […]

MyComplianceOffice amplifies reach and growth with milestone acquisition and new products

Acquisition of Schwab Compliance Technologies in May 2022 cements position of MyComplianceOffice as a leading authority in compliance technology Ambitious growth strategy sees over 25% of annual revenues invested in R&D to support continual enhancements to the MyComplianceOffice platform NEW YORK–(BUSINESS WIRE)–#asiarisk–Global conduct risk and compliance technology provider MyComplianceOffice (MCO) had another strong and successful […]

Guidewheel Adds $9M in Series A-1 Funding to Empower Factories to Improve Margin and Reach Sustainable Peak Performance

New funding from Breakthrough Energy Ventures and others will support Guidewheel in deploying plug-and-play FactoryOps to empower the world’s factories to cost-effectively drive both financial and sustainability goals SAN FRANCISCO–(BUSINESS WIRE)–Guidewheel, the leading FactoryOps platform, today announced it has closed $9M in Series A-1 funding led by Breakthrough Energy Ventures, with participation from other existing […]

ICE Announces a Unique Wealth Management Platform Integration with BNY Mellon | Pershing

ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc., a leading global provider of data, technology and market infrastructure, and BNY Mellon | Pershing, a leading provider of clearing and custody solutions, announced today that the web-based version of the ICE Connect wealth management platform has been integrated into BNY Mellon | Pershing’s clearing and custody platform […]

Copper Launches Teen Investing Product To Power A Younger Generation of Investors

After engaging with 1,200,000+ Banking app users, Copper automates and simplifies real-world investing for teens from the ground up. SEATTLE–(BUSINESS WIRE)–Copper, the go-to banking app that truly teaches teens and kids about money and sets them up for future financial success, announced today its expansion to Copper Investing, a teen-centric Registered Investment Advisor (RIA). Copper […]

EvaBank Taps Lokyata’s AI Platform To Automate Loan Decisioning, Provide Greater Access To Credit To More Borrowers

WASHINGTON–(BUSINESS WIRE)–#autolending—Lokyata, a company focused on delivering products that digitize, automate, and scale lenders’ credit decisions, announced today that Cullman, Ala.-based, EvaBank ($396 million asset) has selected Lokyata’s AI-powered credit decisioning tools, ExcelRate and BankAnalyze, to fully automate its consumer lending process and support the bank’s mission to expand the availability of credit to members […]

CyberLink’s FaceMe® Receives FIDO Alliance UAF Level 1 Certification

As a UAF Level 1 Certified FIDO Alliance member, CyberLink’s FaceMe shows the world that it meets a variety of stringent identity verification standards that are required in today’s global financial and technology industries. TAIPEI, Taiwan–(BUSINESS WIRE)–#CyberLink–CyberLink Corp., a pioneer of AI and facial recognition technology, announced that its facial recognition engine FaceMe®, has received […]

Visa Pledges to Invest $1 billion in Africa to Accelerate Digital Transformation

During US-Africa Business Forum, Visa outlines pledge to invest $1 billion in Africa by 2027 to scale operations, deploy new innovative technologies and deepen collaboration with partners. WASHINGTON–(BUSINESS WIRE)–During the U.S-Africa Business Forum, Visa (NYSE: V) today announced a pledge to invest $1 billion in Africa over the next five years to advance resilient, innovative, […]

Sunlight Solutions Announces Sunlight Simplify

MINNEAPOLIS, Dec. 14, 2022 (GLOBE NEWSWIRE) — Sunlight Solutions (Sunlight), a cloud-native provider of core administration technology and innovative insurtech services, is pleased to announce the formal launch of a new business unit focused on providing medical professional liability (MPL) administration software, Sunlight Simplify. Building on a year of unprecedented growth in both customers and […]