Techwire


BitNile Holdings Issues November Bitcoin Production and Mining Operation Report

LAS VEGAS–(BUSINESS WIRE)–$AP #ARBK—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”) today published an unaudited update on Bitcoin production and miner installation. The number of miners and production capacity metrics within this press release represent the S19j Pro and XP Antminers at the Michigan data center and the Wolf […]

Turbo Insurance Group President Myles Johnson Aims to Change Consumers’ Relationship With Insurance

Like a true innovator, Myles Johnson identified the insurance industry’s archaic nature and set out to revolutionize it Turbo Insurance Group Logo Turbo Insurance Group Logo PHOENIX, Dec. 01, 2022 (GLOBE NEWSWIRE) — Myles Johnson founded Turbo Insurance Group in January 2022 with the aim to revolutionize insurance for families across America.  Proper insurance coverage safeguards […]

Viva Capital Funding Closes $85.0 Million in Bank Credit Facilities

Featured Image for Viva Capital Funding, LLC Featured Image for Viva Capital Funding, LLC EL PASO, Texas, Dec. 01, 2022 (GLOBE NEWSWIRE) — Viva Capital Funding, LLC (“Viva”), a leading invoice factoring specialty finance company, today announced the closing of $85.0 million in two bank credit facilities; consisting of $45.0 million for factoring and $40.0 […]

FINEOS Wins Digital Technology Project of the Year for Fortune 100 US Insurance Carrier

DUBLIN–(BUSINESS WIRE)–#digitaltransformation—FINEOS Corporation (ASX:FCL) is honored to have won the prestigious Digital Technology Project of the Year award from Technology Ireland. This highly competitive award recognizes the company that has delivered outstanding value to an end client through the innovative deployment and use of digital technology. FINEOS was selected for the enterprise transformation project that […]

ePayment System Market to Surpass US$ 456.6 Bn by 2031 due to Increasing Focused on Providing Flexible, Simpler, and Easy to Use Solutions for the Consumers- Future Market Insights, Inc.

The market for ePayment systems in the UK is anticipated to grow at a CAGR of around 18.5% over the forecast period. The demand for ePayment system in Japan and South Korea is expected to rise at around 18.6% CAGR and 17.9% CAGR, respectively through 2031 NEWARK, Del, Dec. 01, 2022 (GLOBE NEWSWIRE) — The […]

 U.K. Banks Modernize to Meet Regulatory, Market Demands

Rapid changes in technologies, consumer choices and laws kick off transformations across the banking industry, ISG Provider Lens™ report says LONDON–(BUSINESS WIRE)–$III #AI–Banks in the U.K. are carrying out large-scale technology transformations in response to evolving regulations, changing customer expectations and the emergence of new innovations and competitors, according to a new research report published […]

8Twelve Surpasses $100MM in funded private mortgages

TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) — 8Twelve Financial Technologies Inc. (“8Twelve” or the “Company”) is proud to announce that its private mortgage lending division has crossed a milestone of $100MM in funded private mortgages! A significant achievement given the company only recently celebrated its 4-year anniversary. 8Twelve’s private lending focuses on solving short-term funding problems […]

Riding Momentum from its Initial Funding Round Earlier this Year, Shield Announces $20 Million Series B Capital Raise

As financial institutions address the evolving regulatory environment, Shield boosts growth with support from its existing investors and UBS Shield’s Executive Team Ofir Shabtai, CTO and Co-Founder (Left), Shiran Weitzman, CEO and Co-Founder (Middle), Eran Noam, Chief Business Officer (Right) TEL AVIV, Israel and NEW YORK, Dec. 01, 2022 (GLOBE NEWSWIRE) — Shield today announced […]

Taulia Announces Updates to Payables Scenario Planner

SAN FRANCISCO–(BUSINESS WIRE)–Taulia, a leading provider of working capital management solutions, today announces significant updates to its Payables Scenario Planner. Taulia’s Payables Scenario Planner is a tool designed to provide Taulia customers with better visibility into liquidity and how their working capital position could change over time. The update will incorporate a variety of additional […]

GBT Successfully Concluded Testing of its GEN II Long-Range Radio System

GEN II Global Communication System is using SDR Technology and is Aimed to Work with GBT’s AI technology SAN DIEGO, Dec. 01, 2022 (GLOBE NEWSWIRE) — GBT Technologies Inc. ( OTC PINK: GTCH ) (“GBT” or the “Company”), successfully concluded its GEN II long range radio project, which has been assigned an internal code name of “Infinia”. GBT […]

Nordic Banks Accelerate Changes Amid Market Shake-up

Traditional banks are modernizing internal and customer-facing technologies to compete with new payment, investment and lending alternatives, ISG Provider Lens™ report says STOCKHOLM–(BUSINESS WIRE)–$III #AI–Banks in the Nordics are going through significant technology and business transitions, moving from legacy systems to new cloud-based platforms and products in response to new competition and changes in consumer […]

Thales Addresses Inclusivity With Its ‘Voice Payment Card’

A payment innovation that brings autonomy and convenience to visually impaired people  Based on its secure payment and connectivity expertise, Thales developed a solution to protect visually impaired people from fraud or mistakes made at shops. Thanks to the Thales Gemalto Voice Payment Card, blind and visually impaired people will enjoy a trusted and autonomous […]

Accomplish Financial launches innovative biometric card solution from IDEX Biometrics

Oslo, Norway – 01 December 2022 – IDEX Biometrics ASA and Accomplish Financial, a payment solution provider with a strong portfolio of fintechs and banks across the UK, Europe, and North America announce that Accomplish Financial will launch biometric payment cards enabled by the IDEX Biometrics TrustedBio Turnkey solution, powered by the SLC38 chip from […]

Hamburg Commercial Bank Goes Live on nCino

Germany’s “Best Performing Bank” completes successful implementation of the nCino platform to drive further efficiency WILMINGTON, N.C. and LONDON and HAMBURG, Germany, Dec. 01, 2022 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Hamburg Commercial Bank (HCOB) is […]

Wolters Kluwer wins plaudits for APAC Finance, Risk & Regulatory Reporting business

SINGAPORE–(BUSINESS WIRE)–#wolterskluwer—Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR) has won a number of independent industry awards celebrating excellence and innovation in the Asia Pacific (APAC) region. Regulation Asia has named Wolters Kluwer’s OneSumX for Regulatory Reporting the “Best Solution in Regulatory Reporting” in its prestigious Awards for Excellence for the fourth time in five […]

OneConnect Announces ADS Ratio Change

SHENZHEN, China–(BUSINESS WIRE)–OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in China, today announced that it will change the ratio of its American depositary shares (“ADSs”) representing its ordinary shares from one (1) ADS representing three (3) ordinary shares to one (1) ADS representing thirty […]

AWS Announces Eight New Amazon SageMaker Capabilities

Amazon SageMaker Role Manager makes it easier for administrators to control access and define permissions for improved machine learning governance Amazon SageMaker Model Cards make it easier to document and review model information throughout the machine learning lifecycle Amazon SageMaker Model Dashboard provides a central interface to track models, monitor performance, and review historical behavior […]

Federal Home Loan Bank of Indianapolis Board of Directors elects Chair, Vice Chair

Karen Gregerson of Indiana, Robert Fisher of Michigan to serve 2-year terms ending in 2024 Board elects Chair, Vice Chair The FHLBank Indianapolis Board of Directors elected Karen Gregerson and Robert Fisher as Chair and Vice Chair during the Board’s Nov. 18, 2022, meeting. Karen Gregerson is President and CEO of The Farmers Bank in […]

nCino Reports Third Quarter Fiscal Year 2023 Financial Results

Total Revenues of $105.3M, up 50% year-over-year Subscription Revenues of $88.3M, up 55% year-over-year Organic Subscription Revenues of $72.9M, up 28% year-over-year WILMINGTON, N.C., Nov. 30, 2022 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced financial results for its […]

Bank of New Zealand Selects nCino to Transform Digital Banking Experience

New Zealand’s leading business bank selects nCino cloud-based platform to exceed customers’ growing expectations AUCKLAND, New Zealand, Nov. 30, 2022 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that the Bank of New Zealand (BNZ) has selected the nCino Bank Operating […]

Speakers and Sessions Announced for CharmHealth Innovation Challenge and Showcase 2022

Interactive Forum Brings Together Industry Innovators To Move Digital Health Forward PLEASANTON, Calif.–(BUSINESS WIRE)–#Bioverge—CharmHealth today announced the full lineup of speakers and sessions for its second annual Innovation Challenge and Showcase 2022, an innovation-focused conference convening 25-plus digital health innovators in an immersive, educational experience. The conference offers students, product developers, investors, entrepreneurs, and nonprofits […]

City of Charleston Partners with Intellicheck to Equip King Street Area Businesses with ID Scanning App to Address Underage Drinking

MELVILLE, N.Y.–(BUSINESS WIRE)–#identity—Intellicheck, Inc. (Nasdaq: IDN), and the city of Charleston today announced the launch of a new pilot program aimed at tackling the problem of underage drinking. The six-month pilot will allow up to 31 King Street area bars and restaurants to use Intellicheck’s identity verification mobile technology application. Intellicheck’s ID verification technology has […]

Q2 Helps Johnson Financial Group Modernize Its Digital Banking Experience

Johnson Financial Group leverages Q2’s digital banking platform and the Q2 Innovation Studio to deliver a cohesive, personalized digital experience for its customers AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced it has helped Johnson Financial Group (“JFG”), a privately-held financial services company […]

Liberty Bank Partners with Sunwealth, Inc. to Invest $2.5 Million in Community-Based Solar Projects

Bolsters Liberty’s Evolving Solar Strategy; Helps Bring Green Jobs & Clean Energy to Communities Connecticut, USA, Nov. 30, 2022 (GLOBE NEWSWIRE) — (Middletown, CT. Nov. 29, 2022) David W. Glidden, President & CEO of Middletown, Connecticut-based Liberty Bank, today announced the Bank has made a $2.5 million investment in a pool of funds dedicated to […]

Rapid Changes Spur Digital Transformations at U.S. Banks

Pandemic effects and an ongoing wave of industry innovation are forcing institutions to use new digital platforms to compete, ISG Provider Lens™ report says STAMFORD, Conn.–(BUSINESS WIRE)–$III #ApplePay–U.S. banks are modernizing their technology and business models at an accelerating pace in response to competitive pressures, higher customer expectations and ongoing changes in regulation, according to […]

Record Tax Savings in Model Portfolios Underscore an Ongoing Opportunity for Investors in Volatile Market Environments

Data from 55ip’s tax-smart technology reveals a silver lining among the clouds of a down market as advisors leverage solutions and fuel record growth on the platform BOSTON–(BUSINESS WIRE)–#Advisors—55ip, the financial technology platform designed to deliver personalized, tax-smart investment management at scale, announced today that data from its platform this year reveals a record number […]

Equity Data Science Integrates FinX Capital Markets Investment Data to Enhance Multi-Asset Class Analytics Capabilities

Partnership boosts industry-leading solution into fixed income and broader markets NEW YORK–(BUSINESS WIRE)–#datascience–Equity Data Science, Inc. (“EDS”), an investment process management (IPM) software provider that delivers insights and productivity tools to hedge funds and asset managers, announced today it has integrated FinX Capital Markets’ global multi-asset reference data into the company’s award-winning IPM solutions. This […]

TurboTax Launches its Tax Year 2022 Products and Services

TurboTax Live Full Service tax experts can now fully prepare, finish, and file taxes in one meeting TurboTax Online delivers new and enhanced experiences for crypto investors, creators, and self-employed individuals SAN DIEGO–(BUSINESS WIRE)–TurboTax, from Intuit (NASDAQ: INTU), the global financial technology platform that makes TurboTax, QuickBooks, Credit Karma, and Mailchimp, announces the launch of […]

tastytrade Inc. Affiliate Introduces New tastycrypto Brand and Unveils Self-Custody Digital Wallet

tastycrypto will give users control over their digital assets and access to opportunities across decentralized finance. CHICAGO–(BUSINESS WIRE)–#DeFi–IG Group North America today introduces newly formed tasty Software Solutions, LLC, a technology company dedicated to building software that provides users access to opportunities across digital assets, web3, and decentralized finance. Continuing to drive blockchain innovation, tasty […]

Halo Investing Selected by BMO Wealth Management U.S. to Provide Access to Structured Notes Program

Halo’s platform helps advisors build a protected portfolio for their clients CHICAGO, Nov. 30, 2022 (GLOBE NEWSWIRE) — Halo Investing (“Halo”), an award-winning platform for protective investments, announced today that BMO Wealth Management U.S. has chosen Halo’s independent structured notes platform as a core technology solution for its structured note program. The Halo platform gives BMO […]

Kaizen Clean Energy Becomes Extreme E’s Official Clean Energy Technology Provider

LONDON–(BUSINESS WIRE)–#Hydrogen–The sport for purpose electric racing series, Extreme E, has today announced Kaizen Clean Energy (KCE) as its Official Clean Energy Technology Provider for Season 3, starting in 2023. Kaizen Clean Energy will support ENOWA, NEOM’s energy, water and hydrogen subsidiary, and Green Hydrogen Power Partner to Extreme E, in delivering a pioneering hydrogen […]

Amadeus and Chargebacks911 Join Forces to Help Airlines Handle Rise in Disputes

Chargebacks in travel are up 50% compared to 2019 due to increase in travel disruption caused by COVID-19 Fully outsourced service automates chargeback management using Amadeus’ rich travel and payment information TAMPA BAY, Fla.–(BUSINESS WIRE)–#Chargebacks–A chargeback is the formal process initiated when a cardholder disputes a payment – often leading to the cardholder being reimbursed […]

BitNile Holdings Announces 2023 Revenue Guidance of More Than $200 Million

Revenue guidance for 2023 includes expected revenue from the recently announced agreement to purchase assets from Circle 8 Crane Services, and excludes revenue from TurnOnGreen and Giga-tronics, which are expected to be spun off during 2023 LAS VEGAS–(BUSINESS WIRE)–$AP #2023_Revenue_Guidance—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”), today announced […]

Financial Capital Network (FCN) is a New FinTech Company That Leverages a Proprietary Tech Platform Powered by MSCI to Transform the Alternative Capital Raising Process

FCN Logo FCN Logo NEW YORK, Nov. 30, 2022 (GLOBE NEWSWIRE) — Financial Capital Network (FCN) is excited to announce the launch of fincapnet.com, an emergent platform powered by MSCI Risk Analytics that is poised to transform the alternative investment capital raising process. Built for the investment community, FCN connects alternative investment managers with institutional investors, […]

Flash News: OKX launches staking for SAND, GALA, ETC, APE and ENS; exempts European customers from paying fees when buying crypto with debit/credit card

VICTORIA, Seychelles, Nov. 30, 2022 (GLOBE NEWSWIRE) — OKX, the world-leading cryptocurrency platform, has issued business updates for the week ending 3 December, 2022. OKX launches staking for SAND, GALA, ETC, APE and ENS To meet OKX users’ needs for more flexible deposit and withdrawal, OKX Earn will successively launch flexible staking products for more […]

EbixCash Wins Long-term Maharashtra State Road Transport Corporation (MSRTC) Contract Involving Electronic issuance and Online Reservation System, for an Estimated 6 Billion Passenger Tickets

EbixCash also has been Awarded Advertising Rights for Printing Advertisement on Backside of Each Ticket NOIDA, India and JOHNS CREEK, Ga., Nov. 30, 2022 (GLOBE NEWSWIRE) — EbixCash Limited, a subsidiary of 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, today […]

Biz2Credit Named to the Deloitte Technology Fast 500, Inc. 5000, and Fintech 250 Lists for 2022, Wins ‘Great Place to Work’ Certification

Online Small Business Finance Platform Had Three-Year Revenue Growth of 1,167% NEW YORK, Nov. 30, 2022 (GLOBE NEWSWIRE) — Biz2Credit today announced that it has been named to several prestigious lists, including the Inc. 5000 list, CB Insights’ Fintech 250, the Deloitte Technology Fast 500, and most recently, “Great Place to Work” certification for the […]

EagleBank Provides $50MM in Acquisition and Renovation Financing to Insight Property Group and AHC Inc.

Funding will finance a 259-unit “affordable rent” multifamily property located in Reston, VA BETHESDA, Md., Nov. 30, 2022 (GLOBE NEWSWIRE) — EagleBank, one of the largest community banks in the Washington, D.C. area, today announced it has provided $50,400,000 in acquisition and renovation financing to Insight Property Group and AHC Inc. for a 259-unit “affordable […]

Regnology to Deliver Augmented Cloud Capabilities to the Regulatory Reporting Industry Through Partnership with Google Cloud

New cloud-based platform will bring greater efficiency, scalability, and security FRANKFURT, Germany–(BUSINESS WIRE)–#cloud–Regnology, a software provider with an exclusive focus on regulatory reporting solutions, today announces its partnership with Google Cloud to bolster Regnology’s regulatory reporting offering with fully-fledged cloud deployment and service capabilities. Dubbed Rcloud, the platform will leverage Google Cloud’s infrastructure to enhance […]

$6.8 Billion Worldwide Debt Collection Software Industry to 2027 – Featuring AgreeYa.com, Chetu, Debtrak and Experian Information Solutions Among Others

Global Debt Collection Software Market Global Debt Collection Software Market Dublin, Nov. 30, 2022 (GLOBE NEWSWIRE) — The “Debt Collection Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering. The global debt collection software market size reached US$ 3.6 Billion in 2021. Looking forward, the […]