Techwire

MEMIC Selects Gradient AI to Boost Speed and Accuracy of Underwriting for Workers’ Comp Insurance thumbnail

MEMIC Selects Gradient AI to Boost Speed and Accuracy of Underwriting for Workers’ Comp Insurance

Solution Allows Underwriters to Better Predict Risk, Capture Institutional Knowledge, and Address Talent Shortage BOSTON–(BUSINESS WIRE)–#AIinInsurance—Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry today announced that MEMIC has adopted its underwriting solution to better identify risks and improve the underwriting accuracy of workers’ compensation policies. Portland, Maine-based […]

Ubiquity Retirement + Savings® Hits New Record for 401(k) Plan Sales Amid a Year of Workforce Changes thumbnail

Ubiquity Retirement + Savings® Hits New Record for 401(k) Plan Sales Amid a Year of Workforce Changes

SAN FRANCISCO–(BUSINESS WIRE)–Ubiquity Retirement + Savings (Ubiquity), a financial technology pioneer in flat-fee small business retirement plans, broke its record for new 401(k) plan sales faster than its most aggressive forecasts had projected. The firm anticipates exceeding additional records by year-end, including record-breaking number of plan participants, plan sponsors, TPAs, and financial advisor relationships. New […]

First Israeli company joins ADIO’s Innovation Programme to establish FinTech R&D center in Abu Dhabi thumbnail

First Israeli company joins ADIO’s Innovation Programme to establish FinTech R&D center in Abu Dhabi

Pioneering technology firm that has become the industry’s fastest growing lender, Liquidity Group to establish R&D center at Abu Dhabi Global Market focused on developing Machine Learning-enabled LendTech solutions ADIO’s Innovation Programme supports Liquidity Group’s expansion to Abu Dhabi via financial and non-financial incentives Partnership agreement signed at Abu Dhabi Finance Week 2022 ABU DHABI, […]

Amount Joins the Mastercard Engage Partner Network for Open Banking thumbnail

Amount Joins the Mastercard Engage Partner Network for Open Banking

CHICAGO–(BUSINESS WIRE)–Amount, a banking technology provider powering end-to-end consumer and small business solutions for account opening, loan origination and financing, today announced it is joining the Mastercard Engage partner network. As a technology integration partner, Amount will support Mastercard customers in quickly building and deploying financial services solutions using Mastercard’s open banking platform for new […]

Carefull Passes $2 Billion in Transactions Analyzed in 2022, Adds New Marquee Partnerships and Products to Suite of Senior Financial Protections thumbnail

Carefull Passes $2 Billion in Transactions Analyzed in 2022, Adds New Marquee Partnerships and Products to Suite of Senior Financial Protections

During National Family Caregivers Month, Carefull recognizes the needs of financial caregivers with a growing product and user portfolio NEW YORK–(BUSINESS WIRE)–Carefull, the first digital platform built to protect the daily finances of older adults, today announced it has successfully analyzed and protected $2 billion of transactions from fraud and financial threats in 2022. The […]

Real-Time Payments Platform, Pidgin, Partners with OSSNA to Help More Financial Institutions Offer Faster Payments thumbnail

Real-Time Payments Platform, Pidgin, Partners with OSSNA to Help More Financial Institutions Offer Faster Payments

  ATLANTA–(BUSINESS WIRE)–Pidgin, a secure real-time payments platform built for the future of payments, today announced its partnership with OSSNA, a fintech dedicated to helping financial institutions integrate and launch innovative digital solutions, to enable more community banks and credit unions to deliver faster payments for account holders. Through the partnership with OSSNA, Pidgin will […]

U.S. Payments Forum Webinar Shares Messaging Strategies for Accelerating Customer Adoption of Transit Open Payments thumbnail

U.S. Payments Forum Webinar Shares Messaging Strategies for Accelerating Customer Adoption of Transit Open Payments

Speakers from Discover, Consult Hyperion, and TriMet share marketing best practices to help transit agencies fast-track the use of contactless, open loop payments systems REDWOOD CITY, Calif., Nov. 15, 2022 (GLOBE NEWSWIRE) — The U.S. Payments Forum, an integral part of the Secure Technology Alliance, today announced an upcoming webinar titled “Customer Messaging for Transit […]

POSaBIT Releases POSaBIT 2.0, Their Next-Generation Point of Sale Platform thumbnail

POSaBIT Releases POSaBIT 2.0, Their Next-Generation Point of Sale Platform

TORONTO & SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the premier cannabis point of sale and payments platform, has unveiled POSaBIT 2.0. Built on nearly a decade of industry experience, careful user research, and customer feedback, POSaBIT 2.0 is the most intuitive experience yet. The POSaBIT team had a laser focus on optimizing the […]

InsurTech Send Announces $10M Series A Funding Raise to Expand in US and UK thumbnail

InsurTech Send Announces $10M Series A Funding Raise to Expand in US and UK

Send co-founders – Andy Moss, Ben Huckel and Matt McGrillis Send co-founders – Andy Moss, Ben Huckel and Matt McGrillis LONDON, England, Nov. 15, 2022 (GLOBE NEWSWIRE) — Leading InsurTech Send Technology Solutions Ltd (Send) has today announced it has closed a Series A funding investment of $10M. The round was led by Venture Capital […]

Nuvei accelerates roll out of embedded payments solution thumbnail

Nuvei accelerates roll out of embedded payments solution

Nuvei for Platforms gives digital platforms, marketplaces, banks and fintechs more flexible payment capabilities to help accelerate their business Nuvei launches embedded payments solution The new product has been designed to serve the payment needs of eCommerce platforms, marketplaces, banks, processors and large fintechs. Montreal, Nov. 15, 2022 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or […]

Helcim Commits to Affordability During Looming Recession, While Bigger Competitors Focus on Profits thumbnail

Helcim Commits to Affordability During Looming Recession, While Bigger Competitors Focus on Profits

Payments company launches its newest marketing campaign to help small businesses stay flush during volatile economic times. Calgary, AB, Nov. 15, 2022 (GLOBE NEWSWIRE) — As other payment processors follow the trend of raising their prices, Helcim doubles down on its pledge of affordability to small businesses.  In an effort to signal its support for the business […]

OKX shapes the future of DeFi with Web3 Yield thumbnail

OKX shapes the future of DeFi with Web3 Yield

OKX Web3 Yield allows any DeFi investment to be made in a single transaction VICTORIA, Seychelles, Nov. 15, 2022 (GLOBE NEWSWIRE) — OKX, a world-leading cryptocurrency platform, has launched Web3 Yield as part of its expanding portfolio of leading Web3 offerings. OKX Web3 Yield makes it easy for users to discover the best ways to […]

Lesaka to Participate at Credit Suisse 2022 European Private and Public Companies Financial Disruption Conference thumbnail

Lesaka to Participate at Credit Suisse 2022 European Private and Public Companies Financial Disruption Conference

JOHANNESBURG, South Africa, Nov. 15, 2022 (GLOBE NEWSWIRE) — Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS:LSAK; JSE: LSK) today announced that Chris Meyer, Group CEO, will participate in a virtual panel discussion at the Credit Suisse 2022 European Private and Public Companies Financial Disruption Conference on Thursday, November 17, 2022 at 11:00 am South […]

LiquidityBook Launches LBX Portal, New OEMS Partnership Model Emphasizing Workflow Efficiencies for Both Sell Side and Buy Side thumbnail

LiquidityBook Launches LBX Portal, New OEMS Partnership Model Emphasizing Workflow Efficiencies for Both Sell Side and Buy Side

New solution enables brokers and outsourced trading desks to streamline client operations by delivering robust trade management capabilities with a single overlay, while offering end clients on the buy side clear and simple paths to upgrade as they grow New York, Nov. 15, 2022 (GLOBE NEWSWIRE) — LiquidityBook, a leading provider of cloud-native trading solutions […]

U.S. Bank Joins the Open Invention Network thumbnail

U.S. Bank Joins the Open Invention Network

DURHAM, N.C., Nov. 15, 2022 (GLOBE NEWSWIRE) — Open Invention Network (OIN), the organization formed to safeguard open source software (OSS) and now the largest patent non-aggression community in history, announced today that U.S. Bank has joined as a community member. U.S. Bank is the largest regional bank in the United States by assets and […]

Dynamo Software Expands to the Middle East to Capture Growing Demand for Alternative Investment Technology thumbnail

Dynamo Software Expands to the Middle East to Capture Growing Demand for Alternative Investment Technology

Dynamo Expands Global Footprint, Appointing Tarek Ghannoum as Regional Director of Middle East DUBAI, United Arab Emirates–(BUSINESS WIRE)–#AlternativeInvestments—Dynamo Software, Inc., a market-leading provider of end-to-end cloud software solutions for the alternative investment management industry, announced today further growth of its already established EMEA presence by expanding into the United Arab Emirates (UAE). The company has […]

Queen of Raw, Inc. Raises from Future Planet Capital for Software, Saving Companies $200 Billion in Waste thumbnail

Queen of Raw, Inc. Raises from Future Planet Capital for Software, Saving Companies $200 Billion in Waste

Climate fintech company grew 650% in 2022 as market forces expose supply chain inefficiencies, rising prices, and the blue economy shift LONDON–(BUSINESS WIRE)–Queen of Raw, Inc., a New York-based climate fintech company specializing in recouping value from excess inventory, has raised funding from Future Planet Capital (“FPC”), the international venture capital and impact investor with […]

Contactless Payment Transaction Market Is Estimated To Grow At CAGR Of 43.7 %, 2018-2027 | Latest Industry Coverage by Douglas Insights thumbnail

Contactless Payment Transaction Market Is Estimated To Grow At CAGR Of 43.7 %, 2018-2027 | Latest Industry Coverage by Douglas Insights

Some major players contributing to the Contactless payments growth are Microsoft Corporation, Cisco System Inc., Amazon.com Inc., Leostream Corporation, and IBM Corporation. Numerous other companies, including NetApp Inc., Citrix Systems Inc., Oracle Corporation, Evolve IP LLC, VMware Inc., and Din Cloud LLC, are also finding their way into the market to impact the market trends […]

2023 Global Insurance Symposium to Focus on ‘Thriving in a Changing World’ thumbnail

2023 Global Insurance Symposium to Focus on ‘Thriving in a Changing World’

– April 18-20 event to feature new tech, industry leaders & networking – DES MOINES, Iowa, Nov. 14, 2022 (GLOBE NEWSWIRE) — The Global Insurance Symposium (GIS) announced its 2023 conference will be held on April 18-20 at the Community Choice Credit Union Convention Center in Downtown Des Moines. This event draws insurance leaders from […]

Summit to Participate in D. A. Davidson Mid-Atlantic Banks Summit thumbnail

Summit to Participate in D. A. Davidson Mid-Atlantic Banks Summit

MOOREFIELD, W.V., Nov. 14, 2022 (GLOBE NEWSWIRE) — Summit Financial Group, Inc. (“Company”) (NASDAQ: SMMF) today announced that Robert S. Tissue, Executive Vice President and Chief Financial Officer, will be meeting individually with various institutional investors and analysts in conjunction with the D. A. Davidson Mid-Atlantic Banks Summit in Philadelphia, PA on Tuesday, November 15, […]

Nomi Health Launches Transformative Fintech Platform to Make Real-time Healthcare Payments a Reality thumbnail

Nomi Health Launches Transformative Fintech Platform to Make Real-time Healthcare Payments a Reality

The platform shrinks payment cycles from months to minutes to drive down rising healthcare costs and reduce administrative friction between payers, patients, and providers OREM, Utah–(BUSINESS WIRE)–Nomi Health — the direct healthcare company making it easy to access high-quality, affordable care across the U.S.— today announced the launch of its Connect fintech platform to power […]

OutSystems Recognizes its 2022 Innovation Award Winners thumbnail

OutSystems Recognizes its 2022 Innovation Award Winners

Customers’ successes illustrate the power of high-performance low-code to deliver innovative apps with the power to transform businesses BOSTON–(BUSINESS WIRE)–OutSystems, a global leader in high-performance application development, will honor the global 2022 OutSystems Innovation Awards winners at its virtual NextStep conference. The awards recognize, honor, and celebrate the customers and organizations who best exemplify the […]

Franklin Templeton to Celebrate Its 75th Anniversary with New York Stock Exchange Bell Ringing on November 15, 2022

Franklin Templeton to Celebrate Its 75th Anniversary with New York Stock Exchange Bell Ringing on November 15, 2022

SAN MATEO, Calif.–(BUSINESS WIRE)–Franklin Resources, Inc. [NYSE:BEN], a global investment management organization operating as Franklin Templeton, will ring the opening bell at the New York Stock Exchange on Tuesday, November 15th to mark the 75th anniversary of the company. President and CEO Jenny Johnson, along with colleagues and board members, will be at the Stock […]

ICE Benchmark Administration Publishes Feedback Statement on the Consultation on the Potential Cessation of ICE Swap Rate® based on USD LIBOR® thumbnail

ICE Benchmark Administration Publishes Feedback Statement on the Consultation on the Potential Cessation of ICE Swap Rate® based on USD LIBOR®

LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited (“IBA”) has published a feedback statement on its intention to cease the publication of ICE Swap Rate® settings based on USD LIBOR®. Following the FCA’s announcement on March 5, 2021, IBA does not […]

Members Heritage Credit Union Implements Access Digital from Access Softek to Modernize their Digital Banking Platform and Improve Security thumbnail

Members Heritage Credit Union Implements Access Digital from Access Softek to Modernize their Digital Banking Platform and Improve Security

-Access Digital provides the credit union’s members with a modern, unified user experience for mobile and online banking with advanced security and fraud protection features- BERKELEY, Calif.–(BUSINESS WIRE)–Lexington, Ky.-based Members Heritage Credit Union has selected Access Softek, an innovative digital banking platform provider, to modernize and significantly improve their mobile and online banking channels. The […]

Travelex Bank Eyes Growth With ThetaRay AI-Powered Payment Monitoring thumbnail

Travelex Bank Eyes Growth With ThetaRay AI-Powered Payment Monitoring

SONAR AML solution for transaction monitoring and sanctions list screening detects the earliest signs of financial crime SAO PAULO & NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–Travelex Bank, Brazil’s largest foreign exchange specialist, is preparing for a growth spurt across its money transfer business following the implementation of ThetaRay’s SONAR anti-money laundering (AML) SaaS solution […]

IQST – iQSTEL Reaches Profitability Ahead Of Forecast On 33% Q3 Revenue Growth To $21.94M On Track To Meet Or Exceed $90M In Revenue By Yearend thumbnail

IQST – iQSTEL Reaches Profitability Ahead Of Forecast On 33% Q3 Revenue Growth To $21.94M On Track To Meet Or Exceed $90M In Revenue By Yearend

New York, NY, Nov. 14, 2022 (GLOBE NEWSWIRE) — iQSTEL, Inc. (OTCQX: IQST) today announced filing its Q3 financial report for FY 2022. The company realized a 33% increase in revenue to $21.94 million in Q3 compared to the same period in 2021.  YTD revenue through September 30, 2022, is over $65 million keeping the […]

Intuit’s Third Annual Prosperity Accelerator Aims to Spur Growth for Greater Toronto Area Fintechs thumbnail

Intuit’s Third Annual Prosperity Accelerator Aims to Spur Growth for Greater Toronto Area Fintechs

Calls for submissions open for the program designed to advance financial prosperity of Canadians by accelerating growth, impact, and fundability of Toronto area startups TORONTO–(BUSINESS WIRE)–Intuit (NASDAQ: INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today the launch of its third annual Intuit Prosperity Accelerator in collaboration with […]

BitNile Holdings Announces It Expects to Have No Direct Impact to Its Business Related to the Crypto Exchange FTX Bankruptcy thumbnail

BitNile Holdings Announces It Expects to Have No Direct Impact to Its Business Related to the Crypto Exchange FTX Bankruptcy

LAS VEGAS–(BUSINESS WIRE)–$AP #AultLending—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”), announced today that it expects to have no exposure directly or through any of its subsidiaries or business units related to the collapsed cryptocurrency exchange FTX Trading Limited (“FTX”). Moreover, the Company states that its Bitcoin holdings are […]

Friendly Hills Bank Announces Name Change thumbnail

Friendly Hills Bank Announces Name Change

WHITTIER, Calif., Nov. 14, 2022 (GLOBE NEWSWIRE) — Friendly Hills Bank, a wholly-owned subsidiary of Friendly Hills Bancorp (OTC Pink: FHLB), announced today that it is aligning its brand to better serve its expanded footprint and greater lending capacity, and officially changing its name to First Pacific Bank. The new name, along with a new […]

MICT, Inc. Reports Third Quarter 2022 Results thumbnail

MICT, Inc. Reports Third Quarter 2022 Results

Revenue Increased 15% Quarter-over-Quarter to $13.8 Million Gross Profit from Insurance Business of $3.2 Million Increased 54% Quarter-Over-Quarter and 16% Year-over-Year Gross Margin of Insurance Business Increased to a Company Record 23% Acquisition of Tingo on Track for Completion by November 30, 2022 Tingo, Inc. Reports Q3 2022 Revenues of $291.7 Million and Income Before […]

Global FinTech Blockchain Market Size to grow USD 8.7 Billion by 2030 | CAGR of 43.8% thumbnail

Global FinTech Blockchain Market Size to grow USD 8.7 Billion by 2030 | CAGR of 43.8%

Global FinTech Blockchain Market Overview: The Global Market for FinTech Blockchain estimated at US$1.1 Bn in the year 2021, is projected to reach a revised size of US$8.7 Billion by 2030, growing at a CAGR of 43.8%. as per the latest research report by Spherical Insights & Consulting. Companies Covered: Accenture, Amazon Web Services, Inc., […]

Global Loan Origination and Management Market Size to grow USD 3308.1 Million by 2030 | CAGR of 14.7% thumbnail

Global Loan Origination and Management Market Size to grow USD 3308.1 Million by 2030 | CAGR of 14.7%

The Global Loan Origination and Management Market Size was valued at USD 1,897.78 million in 2021 and is expected to reach USD 3,308.10 million by 2030, growing at a CAGR of 14.7 % during 2021-2030. as per the latest research report by Spherical Insights & Consulting. Companies Covered:Nelito Systems Ltd, Fiserv Inc, Calyx Software, Bancorp […]

Zerobank Design Factory, Developer of Minna Bank's Core System, to Offer Full-Cloud Banking System thumbnail

Zerobank Design Factory, Developer of Minna Bank’s Core System, to Offer Full-Cloud Banking System

TOKYO–(BUSINESS WIRE)–#BaaS–Zerobank Design Factory Co., Ltd. (ZDF), a subsidiary of Fukuoka Financial Group, has announced that it will begin offering a full-cloud banking system. The system is based on the core system that ZDF and Accenture developed for Minna Bank. ZDF will provide this system to domestic and overseas financial institutions, as well as to […]

Winning together: Migrant goals power nearly half of teams heading to the world’s biggest sports tournament thumbnail

Winning together: Migrant goals power nearly half of teams heading to the world’s biggest sports tournament

Analysis from Remitly reveals migrant goal scorers made the difference for nearly half of the teams that qualified LONDON, Nov. 11, 2022 (GLOBE NEWSWIRE) — New analysis by Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a leading digital financial services provider for immigrants and their families in over 170 countries around the world, reveals that 41% […]

Roth Capital Partners to Host 11th Annual Roth Technology Event thumbnail

Roth Capital Partners to Host 11th Annual Roth Technology Event

Event to Feature One-on-One Meetings Between Institutional Investors and Senior Company Management from Select Companies across a Variety of Technology Sub-Sectors NEWPORT BEACH, Calif., Nov. 11, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Roth Capital Partners (Roth), a full-service investment bank renowned for serving emerging growth companies today announces that it will host the 11th Annual […]

Alipay+ Connects Global Merchant Partners to Over 100 Million Online Consumers During the Double 11 Shopping Festival thumbnail

Alipay+ Connects Global Merchant Partners to Over 100 Million Online Consumers During the Double 11 Shopping Festival

The digital & entertainment sector saw the highest level of user participation during the ongoing Double 11, achieving over 200 percent growth in transactions volume this year, followed by the O2O and e-commerce sectors. SINGAPORE–(BUSINESS WIRE)–Alipay+, a suite of cross-border payment and marketing solutions, has supported global online merchant partners to serve over 100 million […]

Origence Announces Strategic Financial Investment in Zest AI thumbnail

Origence Announces Strategic Financial Investment in Zest AI

Industry leaders strengthen partnership to serve the technology needs of credit unions Irvine, California, Nov. 10, 2022 (GLOBE NEWSWIRE) — Irvine, CA, November 10, 2022 – Origence, the leading lending technology solutions provider for credit unions, announces a strategic investment in Zest AI, a pioneer in automated underwriting powered by artificial intelligence (AI). This investment […]

CORRECTION -- AppTech Payments Reports Third Quarter 2022 Results thumbnail

CORRECTION — AppTech Payments Reports Third Quarter 2022 Results

In a release issued under the same headline earlier today by AppTech Payments Corp. (“AppTech”) (NASDAQ: APCX), please note that the two mentions of September 31 should have read September 30. The corrected release follows: CARLSBAD, Calif., Nov. 10, 2022 (GLOBE NEWSWIRE) — AppTech Payments Corp. (“AppTech”) (NASDAQ: APCX), a Fintech company powering commerce experiences, […]

AppTech Payments Reports Third Quarter 2022 Results thumbnail

AppTech Payments Reports Third Quarter 2022 Results

CARLSBAD, Calif., Nov. 10, 2022 (GLOBE NEWSWIRE) — AppTech Payments Corp. (“AppTech”) (NASDAQ: APCX), a Fintech company powering commerce experiences, today announced results for the three months ended September 31, 2022. The financial statements and 10-Q are available on sec.gov. Third Quarter 2022 Financial Highlights Revenue for the three months ended on September 30, 2022 […]

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