Techwire


FirstBank and Desert Community Foundation to Launch Coachella Valley Giving Day

Bank invites community to participate in 24 hours of giving on March 1, 2023 to support local nonprofits PALM SPRINGS, Calif., Nov. 03, 2022 (GLOBE NEWSWIRE) — Coachella Valley Giving Day is coming to Southern California thanks to a recent partnership between FirstBank, one of the largest privately held banks in the country with an emphasis on […]

UA Multimedia Provides Updates on New Application Development and Expansion Plans

IRVINE, CA, Nov. 03, 2022 (GLOBE NEWSWIRE) — UA Multimedia, Inc. (OTC: UAMM), a technology holding company and solution provider in the areas of blockchain, fintech, digital asset, Web3 and electric vehicle, is pleased to provide updates on new application development and expansion plans. After witnessing the Ethereum successfully transitioned from proof-of-work to proof-of-stake, the […]

OneConnect Announces Receipt of Notice Regarding NYSE Continued Listing Standards

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 received a letter from the New York Stock Exchange (the “NYSE”) dated October 6, 2022, notifying the Company that it is below the NYSE’s continued listing standards due to […]

BackBay Communications Signs 120th Private Markets Client

Specialist financial services communications firm celebrates client milestone after 17 years in business focusing on the private equity industry BOSTON–(BUSINESS WIRE)–BackBay Communications, a leading public relations and integrated marketing firm focused on the financial services sector, today announced it has partnered with over 120 private equity, private debt, venture capital, real estate, infrastructure and other […]

Friendly Hills Bancorp Reports Strong Third Quarter 2022 Loan Growth and Completion of Capital Offering

WHITTIER, Calif., Nov. 03, 2022 (GLOBE NEWSWIRE) — Friendly Hills Bancorp (the “Company”) (OTC Pink: FHLB), the holding company for Friendly Hills Bank (the “Bank”), today reported consolidated results for the third quarter of 2022, highlighted by continued strong loan portfolio growth. The Company also reported the successful completion of a private placement of common […]

Digital Check Corp. is SOC 2 Type 1 Certified

AICPA SOC logo For more information on the AICPA SOC for Service Organizations program, visit www.aicpa.org/soc4so Northbrook, IL, Nov. 03, 2022 (GLOBE NEWSWIRE) — Digital Check Corp., a global leader in image capture and payments processing technology, is proud to announce that it has achieved System and Organization Controls (SOC) 2 Type 1 certification in […]

Metrc Strengthens Executive Leadership Team with New Chief Technology Officer Appointment

New leadership to support continued product innovation and new market expansion LAKELAND, Fla., Nov. 03, 2022 (GLOBE NEWSWIRE) — Metrc, the most trusted and experienced provider of cannabis regulatory technology systems in the U.S., announced the appointment of Sam Peterson as Chief Technology Officer (CTO) to support the continued innovation of its product offerings and […]

CoreCard to Participate in Upcoming Investor Conferences 2022

NORCROSS, Ga., Nov. 03, 2022 (GLOBE NEWSWIRE) — CoreCard Corporation [NYSE: CCRD], the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, today announced that Leland Strange, President & CEO, and Matt White, CFO, will be participating in the following investor conferences: On Monday, November 14, 2022, […]

GBT’s AI Driven Financial Technology Patent Application Received a Notice of Publication

The patent application seeks to protect AI empowered technology for secured credit cards consolidation system SAN DIEGO, Nov. 03, 2022 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”) received a notice of publication for its financial software patent application. The patent application seeks to protect a secured, AI driven, credit […]

Cloud-based SaaS provider Business Warrior’s Next Play – PayPlan Enterprise™

PHOENIX, Nov. 03, 2022 (GLOBE NEWSWIRE) — Business Warrior Corp. (OTCQB: BZWR), the cloud-based SaaS platform for success and long-term growth for businesses is pleased to announce that the company has fully integrated two acquisitions, Helix House and Alchemy, into Business Warrior’s suite of services. What’s next? A full-service lending software platform called PayPlan Enterprise. […]

Nuvei Announces Third Quarter 2022 Results

Nuvei reports in U.S. dollars and in accordance with International Financial Reporting Standards (“IFRS”) MONTREAL, Nov. 03, 2022 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today reported its financial results for the three and nine months ended September 30, 2022. “We are pleased with our results […]

Two Weeks to Register: How to Conduct an ACH Risk Assessment and Develop an Effective ACH Risk Management Program (November 17-18, 2022)

Dublin, Nov. 03, 2022 (GLOBE NEWSWIRE) — The “How to Conduct an ACH Risk Assessment and Develop an Effective ACH Risk Management Program” training has been added to ResearchAndMarkets.com’s offering. As a Financial Institution, a Third-Party Service Provider (TPSP) or a Third-Party Sender (TPS), processing ACH transactions, you can encounter a variety of risks. Risk […]

WealthTech Solutions Market Size [2022-2027] | Global Industry Growth, Share, Demand Insights, Trends, Key Players, Geographical Segmentation, Gross Margin and Revenue, Key Findings and Forecast Research | Industry Research Biz

globalWealthTech Solutions market size was valued at USD 52000.0 million in 2021 and is expected to expand at a CAGR of 13.3% during the forecast period, reaching USD 110000.0 million by 2027. Pune, Nov. 03, 2022 (GLOBE NEWSWIRE) — The latest WealthTech Solutions Market research report 2022 provides detailed information about the market overview, modern trends, demand, […]

SDAX and Ownera Partner to Deliver Global Distribution for Private Market Digital Securities

The two FinTech companies inked a MOU to solidify their commitment to bridging the gap of interoperability between private market exchanges and institutions SINGAPORE & LONDON–(BUSINESS WIRE)–SDAX, a leading private markets investment and trading platform based in Singapore, announced a partnership with the signing of a Memorandum of Understanding (MOU) with Ownera, provider of a […]

Alipay+ Unveils its PLUS Moment at Singapore Fintech Festival: Merchant Coverage Doubles as Global Brands Embrace Seamless Shopping Experience

Ant Group Unveils Latest Milestones on its Globalization Efforts at Singapore Fintech Festival Highlights: Alipay+’s global merchant coverage has more than doubled over the past six months to over 2.5 million; The Chinese mainland has become the latest destination where Alipay+ connects merchants with various digital payment methods in Asia, ahead of the Hangzhou Asian […]

AI Spera to Showcase CTI Search Engine at Singapore Fintech Festival 2022

SINGAPORE–(BUSINESS WIRE)–AI Spera, the provider of AI-driven Cyber Threat Intelligence platform, is currently attending the Singapore Fintech Festival 2022, showcasing their newest and most advanced solutions to cybersecurity. They are introducing the Cyber Threat Intelligence search engine, Criminal IP, with special highlights given to their Attack Management Solution, Criminal IP RMR. Attendants can learn more […]

ANEXT Bank Launches New Industry Initiative to Scale Financial Inclusion for SMEs

The ANEXT Programme for Industry Specialists aims to make digital financial services more accessible through embedded financing collaborations IN Financial Technologies and Bizmann System are among the first to join the programme, allowing 15,000 SMEs to seamlessly access financing SINGAPORE–(BUSINESS WIRE)–ANEXT Bank, a digital wholesale bank incorporated in Singapore and a wholly-owned subsidiary of Ant […]

Ant Group Launches Alipay+ D-store™ Solution at Singapore FinTech Festival 2022

Rally the ecosystem of digital platforms to collaborate and accelerate the digitalization of the global service industry SINGAPORE–(BUSINESS WIRE)–Ant Group today officially launched its Alipay+ D-store™ at the Singapore FinTech Festival 2022. Alipay+ D-store™ is a business digitalization solution designed to support the service industry, especially brick-and-mortar businesses to digitalize their operations to boost efficiency […]

MoneyLion to Participate in Citi’s 2022 FinTech Conference, 13th Annual Craig-Hallum Alpha Select Conference, NYSE Financials Virtual Investor Access Day and Credit Suisse 26th Annual Technology Conference

NEW YORK–(BUSINESS WIRE)–MoneyLion Inc. (“MoneyLion”) (NYSE:ML), the go-to destination for personalized financial content, products and advice, announced today its participation at the following conferences in November: Citi’s 2022 FinTech Conference Attending: Monday, November 14th Where: New York, NY 13th Annual Craig-Hallum Alpha Select Conference Attending: Thursday, November 17th Where: New York, NY NYSE Financials Virtual […]

Ebix Hosts Q3 Investor Call Wednesday, November 9, 2022 at 11:00 a.m. ET

JOHNS CREEK, Ga., Nov. 02, 2022 (GLOBE NEWSWIRE) — Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of on-demand software and e-commerce services to the insurance, financial services, travel, healthcare and e-learning industries, today announced that the Company will report its 2022 third quarter results on Wednesday, November 9, 2022, and will host an investor […]

Paystand Named a Fastest-Growing Private Company by Silicon Valley Business Journal Two Years in a Row

The blockchain-enabled B2B payments network achieved unicorn status in 2022 and has grown 876% year-over-year for the past three years SCOTTS VALLEY, Calif.–(BUSINESS WIRE)–Paystand – the fastest-growing, blockchain-enabled B2B payments network – today announces that the Silicon Valley Business Journal has named it one of its fastest-growing private companies. Paystand placed third for the second […]

Remitly Reports Third Quarter 2022 Results

Active customers up 49% year over year Send volume up 44% year over year Revenue up 40% year over year Raising 2022 revenue outlook SEATTLE, Nov. 02, 2022 (GLOBE NEWSWIRE) — Remitly Global, Inc. (NASDAQ: RELY), a leading digital financial services provider for immigrants and their families in over 170 countries around the world, reported results for the […]

Lumiant Expands U.S. Sales Team on Heels of Ric Edelman and Savant Investment

New dedicated sales team will seek to build upon the international fintech’s hot start after less than six months in the United States CHICAGO–(BUSINESS WIRE)–#Advisors—Lumiant, an award-winning cloud-based advice and client engagement platform, that enables clients and their advisors to connect more deeply around their lives, values and finances, has announced the addition of three […]

Helbiz Starts In-App Sales of Insurance

Helbiz launches Helbiz Insurance to deliver a digital and integrated insurance offering aiming to revolutionize the micro-mobility industry NEW YORK–(BUSINESS WIRE)–$HLBZ–Helbiz, a leader in electric micro-mobility services [NASDAQ: HLBZ] and YOLO, Italy’s first mover in insurtech [EURONEXT: YOLO] are launching Helbiz Insurance, a new suite of digital insurance solutions for customers directly from the Helbiz […]

OutSystems High-Performance Low-Code Platform Powers Western Union Digital Banking Solution

New banking application offers users an integrated digital banking and money transfer solution, including access to a multi-currency digital wallet. BOSTON–(BUSINESS WIRE)–OutSystems, a global leader in high-performance application development, has teamed up with Western Union, a global leader in cross-border, cross-currency money movement and payments, to support the launch of its new digital banking offering […]

SCI 360 Announces Industry Advisory Board to Expand Financial Services Growth

The SCI 360 Advisory Board will provide strategic guidance to companies as they navigate SCI 360’s Suite of Financial Services Products. Advisors will strengthen SCI 360’s relationships with customers across multiple industries to drive growth and expansion. SCI 360 SCI 360 CINCINNATI, Nov. 02, 2022 (GLOBE NEWSWIRE) — SCI 360, the leader of Salesforce Consulting […]

Global Insurtech Market Size to grow USD 166.7 Billion by 2030 | CAGR of 52%

The Global Insurtech Market Size was valued at USD 3.85 billion in 2021 and the worldwide insurtech market is expected to reach USD 166.7 billion by 2030; Companies Covered: Oscar Insurance, Quantemplate, Shift Technology, Trov Inc., Wipro Limited, ZhongAn Insurance, Acko, Coya and Others Prominent Key Players. The Asia Pacific is expected to grow the […]

Cross River and TechUnited Join Forces for Second Year to Empower Women and Minority Business Owners Through Mentorship Program

Organizations kick off National Entrepreneurship Month with commitment to propelling the future of New Jersey businesses and a focus on the next generation of founders FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, and TechUnited, a non-profit membership organization focused on empowering entrepreneurs & innovators, announce […]

Praxent Supports Church Extension Plan in Developing Modern Mobile App

Praxent delivers full UI/UX refresh for financial services nonprofit’s mobile app and web portal designs AUSTIN, Texas–(BUSINESS WIRE)–Praxent, a fintech product agency with more than two decades of experience, today announced its partnership with Church Extension Plan (CEP), a financial services nonprofit that offers leading financial and administrative services to churches and ministries. Founded in […]

Axis Announces Expansion of its Funding Facilities

TORONTO–(BUSINESS WIRE)–Axis Auto Finance Inc. (“Axis” or the “Company”), (TSX: AXIS) a fintech lender servicing the alternative auto finance market and commercial equipment finance market, announced today that it has renewed its $120 million senior secured credit facility that supports its auto finance business, while also expanding its funding facilities used in its commercial equipment […]

XTM Inc. Joins Hospitality Experts to Address Compliance on Gratuity Payout

XTM is Joined by Restaurants Canada and Leading Hospitality Tax Lawyer, James Rhodes MIAMI & TORONTO–(BUSINESS WIRE)–$PAID #Fintech–XTM Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech creator of disruptive payment innovations specifically for service industries including hospitality, personal care and service staff, is partnering with Restaurants Canada, […]

How the Cost of Living Crisis has helped Twig Growth: Reaching One Million Users and Accelerated Two Million Downloads

LONDON–(BUSINESS WIRE)–Launched 15 months ago as a pioneering online initiative, merging banking expertise with marketplace-style buying-and-selling – Twig is expanding globally after hitting one million users this month, and two million downloads. The London-based, fast-growing circular economy fintech helps consumers to convert unwanted goods into cash. “We offer next-generation banking as the Bank of Things […]

Binary Defense Raises $36 Million From Invictus Growth Partners to Propel Rapid Expansion as the Most Trusted MDR Platform

The company will use the investment to drive customer acquisition with accelerated sales and marketing and expand machine learning to enhance its technology enabled service capabilities as it creates a world-class Managed Open XDR solution. CLEVELAND–(BUSINESS WIRE)–Binary Defense Systems, Inc., a leading Managed Detection and Response (“MDR”) and enterprise defense provider, announced that it closed […]

Summit to Participate in 2022 Hovde Group Financial Services Conference

MOOREFIELD, W.Va. , Nov. 02, 2022 (GLOBE NEWSWIRE) — Summit Financial Group, Inc. (“Company”) (NASDAQ: SMMF) today announced that H. Charles Maddy, III, President and Chief Executive Officer, and Robert S. Tissue, Executive Vice President and Chief Financial Officer, will be meeting individually with various institutional investors and analysts in conjunction with the 2022 Hovde […]

BitNile Holdings Issues October 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 Company’s Michigan data center and the […]

Anovaa to Acquire Quatromoney

Acquisition furthers product company’s expansion into financial education tools Anovaa to acquire Quatromoney Anovaa to acquire Quatromoney MALVERN, Pa., Nov. 02, 2022 (GLOBE NEWSWIRE) — Anovaa, a lending software product company, announced today that it has completed acquisition of Quatromoney, an online college financial planner that enables students and parents to better assess each college’s […]

Insights on the Business Income Insurance Global Market to 2031 – Digitalization in the Insurance Sector is Expected to Help Growth

Dublin, Nov. 02, 2022 (GLOBE NEWSWIRE) — The “Business Income Insurance Market By Type, By Coverage, By Loss Type, By Distribution Channel, By Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2031” report has been added to ResearchAndMarkets.com’s offering. According to the report the business income insurance market was valued at $14.93 billion in 2021, […]

Treez Completes Acquisition of Swifter – to Enhance Financial Services and Digital Payments Solutions for Cannabis Industry

SAN FRANCISCO, Nov. 02, 2022 (GLOBE NEWSWIRE) — Treez, the leading enterprise commerce technology platform for the cannabis retail and supply chain industry, announces that it has reached an agreement to acquire Swifter, a payment solutions platform tailored to meet the unique needs of the cannabis industry. Swifter’s impressive suite of existing multi-location operating retail […]

CoreCard Corporation Reports Third Quarter 2022 Results

CoreCard Raises Topline Fiscal 2022 Growth Guidance to 40+% NORCROSS, Ga., Nov. 02, 2022 (GLOBE NEWSWIRE) — CoreCard Corporation [NYSE: CCRD], the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, announced today its financial results for the quarter ended September 30, 2022. “CoreCard’s strong performance continued […]

Nuvei appoints Vicky Bindra as CPO / COO

Nuvei appoints Vicky Bindra as CPO / COO In this newly created role reporting to Nuvei Chair and CEO Phil Fayer, Vicky Bindra will oversee product development and operations, supporting growth across geographies and verticals. Montreal, Nov. 02, 2022 (GLOBE NEWSWIRE) — Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces the appointment of […]