Techwire

Lendistry Closes $85 Million Senior Debt Offering in One of the Largest Institutionally-Led Capital Raises by a CDFI in 2022 thumbnail

Lendistry Closes $85 Million Senior Debt Offering in One of the Largest Institutionally-Led Capital Raises by a CDFI in 2022

The investor consortium included 25 banks, insurance companies and ESG-focused institutions. This innovative structure provides attractive financing for Lendistry. Proceeds will support underserved small business lending initiatives across America. Featured Image for Lendistry Featured Image for Lendistry LOS ANGELES, Oct. 24, 2022 (GLOBE NEWSWIRE) — Lendistry, a minority-led and technology-enabled small business and commercial real […]

Highline Joins the American Transaction Processors Coalition thumbnail

Highline Joins the American Transaction Processors Coalition

DALLAS–(BUSINESS WIRE)–#billpay—Highline Technologies, the payments fintech that unlocks payroll-linked lending and billpay, announced it has officially joined the American Transaction Processors Coalition (ATPC). The Atlanta-based ATPC works through government affairs activities and public relations initiatives to promote and protect the payments industry. Highline will lend its voice and efforts in supporting ATPC’s ongoing work with […]

dLocal and Deel partner to support the remote workforce movement across Latam, Asia and Africa thumbnail

dLocal and Deel partner to support the remote workforce movement across Latam, Asia and Africa

Deel has expanded into 19 countries with more than 700 payment methods enabled since 2020 MONTEVIDEO, Uruguay–(BUSINESS WIRE)–dLocal, the leading cross-border payment platform connecting global merchants to emerging markets, today announced new partnership milestones with Deel, a leading global compliance and payroll solution that helps businesses scale their remote workforce capabilities. dLocal has been working […]

Cross River Expands Card Issuing with American Express

Cross River Expands Card Issuing with American Express

Collaboration allows Cross River to issue payments solutions on behalf of fintechs on the American Express network FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (Cross River), a technology infrastructure provider that offers embedded financial solutions, today announced a new collaboration with American Express that allows Cross River to issue credit cards on behalf of fintechs on […]

Siemens Selects FinLync for Advancement to Real-Time Treasury thumbnail

Siemens Selects FinLync for Advancement to Real-Time Treasury

Global leader selects FinLync’s multi-bank API aggregator to provide a single endpoint for real-time bank connectivity, regardless of data formats. NEW YORK–(BUSINESS WIRE)–FinLync, a privately held, global fintech company transforming corporate finance and treasury offices by aggregating global banking APIs to deliver embedded real-time payments and cash management, today announced that Siemens, a technology company […]

New Report Uncovers Key Insights from Fintech’s Top Women CMOs thumbnail

New Report Uncovers Key Insights from Fintech’s Top Women CMOs

New research from The Fletcher Group examines marketing strategies, tools and technologies marketers lean on to fill unmet market needs AUSTIN, Texas–(BUSINESS WIRE)–Women continue to be underrepresented in financial services, in technology, and in the c-suite across many industries. But a new report out today highlights how women CMOs are building some of the biggest […]

IDT Corporation to Present at LD Micro Main Event Investor Conference thumbnail

IDT Corporation to Present at LD Micro Main Event Investor Conference

NEWARK, NJ, Oct. 24, 2022 (GLOBE NEWSWIRE) — IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications services, today announced that Shmuel Jonas, Chief Executive Officer, will present at the LD Micro Main Event XV investor conference on Tuesday, October 25, 2022 in Los Angeles, CA. Mr. Jonas’ presentation is […]

Jifiti Launches B2B BNPL Functionality, Augmenting Its Robust White-Labeled BNPL Platform thumbnail

Jifiti Launches B2B BNPL Functionality, Augmenting Its Robust White-Labeled BNPL Platform

Banks, lenders and merchants can now provide BNPL financing to business customers, in addition to consumers, through one platform. Featured Image for Jifiti Featured Image for Jifiti COLUMBUS, Ohio, Oct. 24, 2022 (GLOBE NEWSWIRE) — Jifiti, a leading fintech company, announced today the launch of its business-to-business (B2B) BNPL solution. Any bank, lender and merchant […]

Global RegTech Market Report 2022: Increasing Need to Automate Regulatory Compliance Processes Driving Growth thumbnail

Global RegTech Market Report 2022: Increasing Need to Automate Regulatory Compliance Processes Driving Growth

Dublin, Oct. 24, 2022 (GLOBE NEWSWIRE) — The “RegTech Market by Component, Application, Organization Size, Deployment Mode, Technology, End User – Forecast to 2029” report has been added to ResearchAndMarkets.com’s offering. The research report provides an in-depth analysis of the RegTech market in five major geographies and emphasizes on the current market trends, market size, […]

FactSet and Agência Estado Partner to Deliver Integrated Financial News and Data Solutions to the Brazilian Financial Market thumbnail

FactSet and Agência Estado Partner to Deliver Integrated Financial News and Data Solutions to the Brazilian Financial Market

NORWALK, Conn., Oct. 24, 2022 (GLOBE NEWSWIRE) — FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading services, today announced its strategic partnership with Agência Estado, the leading real-time news and market data vendor in Brazil. The partnership integrates Agência Estado’s Portuguese-language newswire into FactSet’s flagship workstation to create the […]

ICE Launches Real Time Pricing of Link North American Physical Crude Trade Data Bringing New Transparency and Further Establishing ICE in the Gulf Coast thumbnail

ICE Launches Real Time Pricing of Link North American Physical Crude Trade Data Bringing New Transparency and Further Establishing ICE in the Gulf Coast

HOUSTON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced the launch of real-time physical crude pricing from Link Data Services (“Link Data”), in cooperation with Link Crude Resources (“Link”), one of the largest brokers of physical North American crude, bringing additional transparency to the North American […]

AppTech Payments Corp. Propels Fintech Industry Forward with Launch of Its Commerse™ Experiences-as-a-Service Platform thumbnail

AppTech Payments Corp. Propels Fintech Industry Forward with Launch of Its Commerse™ Experiences-as-a-Service Platform

“Commerse” by AppTech is an all-new, patent-backed Fintech platform delivering seamless Commerce Experiences-as-a-Service from a fully integrated, modular technology stack CARLSBAD, Calif., Oct. 24, 2022 (GLOBE NEWSWIRE) — AppTech Payments Corp. (AppTech) (NASDAQ: APCX), an innovative Fintech company powering seamless, omni-channel commerce between businesses and consumers, today unveiled its new product platform, Commerse while at […]

Helix and Visa DPS Collaboration Gives Companies a Personalized Approach to Fraud Management

Helix and Visa DPS Collaboration Gives Companies a Personalized Approach to Fraud Management

Helix partnered with Visa DPS to enable fintechs and brands to use Visa DPS’ suite of data and fraud solutions to build more profitable businesses through personalization AUSTIN, Texas–(BUSINESS WIRE)–Helix by Q2 (NYSE: QTWO), a cloud-native core purpose-built for embedded finance, today announced it has embedded its finance platform with Visa Debit Processing Service’s data […]

Brace Successfully Completes SOC 2 Type II Security Audit and PHOENIX Waterfalls Validation thumbnail

Brace Successfully Completes SOC 2 Type II Security Audit and PHOENIX Waterfalls Validation

Mortgage Servicing’s premier Default Management solution announces two successful compliance reviews. LOS ANGELES–(BUSINESS WIRE)–Brace, the mortgage servicing infrastructure fintech, today announced that it has successfully completed Type ll Service Organization Control (SOC 2) recertification examination. The audit conducted by Prescient Assurance, LLC found that for the fourth year in a row the company continues to […]

River City Bank Reports a 2022 3rd Quarter Cash Dividend on Common Shares thumbnail

River City Bank Reports a 2022 3rd Quarter Cash Dividend on Common Shares

SACRAMENTO, Calif., Oct. 21, 2022 (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, in connection with the Bank’s recently reported net income of $11.0 million or $7.43 diluted earnings per share for the quarter ending Sept. 30, 2022, a […]

Greene County Bancorp, Inc. Reports 27% Increase in Net Income for the Quarter Ended September 30, 2022 and is Selected for the Piper Sandler Sm-All Stars Class of 2022 for the Sixth Consecutive Year thumbnail

Greene County Bancorp, Inc. Reports 27% Increase in Net Income for the Quarter Ended September 30, 2022 and is Selected for the Piper Sandler Sm-All Stars Class of 2022 for the Sixth Consecutive Year

CATSKILL, N.Y., Oct. 21, 2022 (GLOBE NEWSWIRE) — Greene County Bancorp, Inc. (the “Company”) (NASDAQ: GCBC), the holding company for The Bank of Greene County and its subsidiary Greene County Commercial Bank, today reported net income for the quarter ended September 30, 2022, which is the first quarter of the Company’s fiscal year ending June […]

SRAX Launches the Sequire Investor Community Platform thumbnail

SRAX Launches the Sequire Investor Community Platform

LOS ANGELES, Oct. 21, 2022 (GLOBE NEWSWIRE) — SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, has launched its beta program for retail and institutional investors – Sequire Community. The Sequire Community is an ever-growing community of like-minded individuals, education, and […]

Ebix Reaffirms Strong Business Outlook and Announces Formation of Strategic Investment Committee of Independent Board Members thumbnail

Ebix Reaffirms Strong Business Outlook and Announces Formation of Strategic Investment Committee of Independent Board Members

JOHNS CREEK, Ga., Oct. 21, 2022 (GLOBE NEWSWIRE) — 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 announced provided an update on the state of its business while reaffirming a strong business outlook for the future. Strategic Investment Committee – […]

Wayne Savings Bancshares, Inc. Announces Record Earnings for the third quarter of 2022 and the nine-month period ended September 30, 2022; Loan growth annualized for the nine months ended September 30, 2022, was 29.4% thumbnail

Wayne Savings Bancshares, Inc. Announces Record Earnings for the third quarter of 2022 and the nine-month period ended September 30, 2022; Loan growth annualized for the nine months ended September 30, 2022, was 29.4%

WOOSTER, Ohio, Oct. 20, 2022 (GLOBE NEWSWIRE) — Wayne Savings Bancshares, Inc. (OTCQX: WAYN), (the “Company”), the holding company parent of Wayne Savings Community Bank, reported record net income (unaudited) of $6.6 million, or $2.89 per common share, for the year-to-date period ended September 30, 2022, an increase of $954,000, or 16.9%, compared to $5.6 […]

Root, Inc. CEO and Co-Founder Honored as FinTech Leader thumbnail

Root, Inc. CEO and Co-Founder Honored as FinTech Leader

Alex Timm, CEO and Co-Founder, has been named a Top 100 Leader in FinTech by FinTech Magazine COLUMBUS, Ohio, Oct. 20, 2022 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance, is proud to share that CEO and Co-Founder, Alex Timm, has been named […]

InspIR Group Deepens Bench in Rapidly Expanding Strategic Areas: ESG and Venture Stage Company Counsel thumbnail

InspIR Group Deepens Bench in Rapidly Expanding Strategic Areas: ESG and Venture Stage Company Counsel

Zelmira Silva Appointed as Partner at InspIR New York NEW YORK–(BUSINESS WIRE)–#inspiringtogether–InspIR Group (“InspIR”), the leading cross-border strategic investor relations and communications strategy firm, today announced the appointment of top industry talent through the internal promotion of Zelmira Silva to Partner. InspIR continues to expand in areas of high growth that are seeing significant client […]

Meriwest Credit Union Joins Over 56,000 Credit Unions to Celebrate International Credit Union Day thumbnail

Meriwest Credit Union Joins Over 56,000 Credit Unions to Celebrate International Credit Union Day

The theme of ICU Day 2022 is “Empower Your Financial Future with a Credit Union” SILICON VALLEY, Calif., Oct. 20, 2022 (GLOBE NEWSWIRE) — Today, Meriwest Credit Union joins over 56,000 credit unions around the world to celebrate International Credit Union (ICU) Day®. The theme of ICU Day 2022 is “Empower Your Financial Future with […]

In Response to Spiking Insurance Rates, Marble Launches Rate Watch thumbnail

In Response to Spiking Insurance Rates, Marble Launches Rate Watch

NEW YORK, Oct. 20, 2022 (GLOBE NEWSWIRE) — Marble, the free platform that makes it easy and rewarding to take control of all your insurance in one place, today announced the launch of its new Rate Watch feature. For the first time ever, and exclusively available to Marble members, consumers can be alerted if their […]

MultiBank Group Announces Two Additional Licenses in the UAE and Singapore thumbnail

MultiBank Group Announces Two Additional Licenses in the UAE and Singapore

DUBAI, United Arab Emirates–(BUSINESS WIRE)–#Broker–MultiBank Group, the largest financial derivatives institution worldwide, has consolidated its position as the world’s most regulated broker, announcing that its subsidiaries have been awarded new, coveted licenses issued by the Securities and Commodities Authority of the UAE (“SCA”) and the Monetary Authority of Singapore (“MAS”). From its establishment, MultiBank Group […]

Origami Risk Partners With STP To Make Regulatory Compliance and Audit Content Accessible Through Origami’s EHS Platform thumbnail

Origami Risk Partners With STP To Make Regulatory Compliance and Audit Content Accessible Through Origami’s EHS Platform

CHICAGO & VANCOUVER, British Columbia–(BUSINESS WIRE)–#Compliance–Origami Risk and STP ComplianceEHS (STP) today announced they are collaborating to make STP’s regulatory compliance and related audit content accessible through the Origami environment, health and safety (EHS) platform. Notably, EHS professionals, risk, and other executives using Origami’s EHS platform are able to maintain current legal Registers and associated […]

Evolve Bank & Trust to Be a Gold Kite Sponsor of the 40th Youth Villages 5K thumbnail

Evolve Bank & Trust to Be a Gold Kite Sponsor of the 40th Youth Villages 5K

Evolve Bank & Trust Evolve Bank & Trust MEMPHIS, Tenn., Oct. 20, 2022 (GLOBE NEWSWIRE) — Evolve Bank & Trust (“Evolve”), a leading financial technology solutions provider, will be a Gold Kite Sponsor for the 40th Youth Villages 5K in Memphis, TN. The Youth Villages 5K raises thousands of dollars each year to support many of […]

Helix and BM Technologies Collaborate to Deliver Next-Generation Embedded Finance

Helix and BM Technologies Collaborate to Deliver Next-Generation Embedded Finance

Combined solutions provide a modern banking-as-a-service platform, award-winning app development services and program management to enable leading brands to deliver differentiated experiences AUSTIN, Texas–(BUSINESS WIRE)–Helix by Q2 (NYSE:QTWO), a cloud-native platform purpose-built for embedded finance, and BM Technologies, Inc. (NYSE American:BMTX), formerly known as BankMobile, have announced they are partnering to provide comprehensive embedded banking […]

Contact Center Leader LiveVox to Showcase Integrated Agent Workflows, Designed to Enhance the Agent and Customer Experience, at Money20/20

Contact Center Leader LiveVox to Showcase Integrated Agent Workflows, Designed to Enhance the Agent and Customer Experience, at Money20/20

Contact centers can lay the foundation for exponential voice, digital, and AI ROI by easily orchestrating processes, data, and applications to deliver better agent workflows and address critical efficiency gaps SAN FRANCISCO–(BUSINESS WIRE)–$LVOX—LiveVox Holdings, Inc. (“LiveVox” or the “Company”) (NASDAQ: LVOX), a leading cloud-based provider of customer service and digital engagement tools, will be exhibiting […]

Sightline Secures Strategic Investment from J.P. Morgan thumbnail

Sightline Secures Strategic Investment from J.P. Morgan

LAS VEGAS–(BUSINESS WIRE)–Sightline Payments, a leading FinTech specializing in payments technology for the regulated gaming industry, today announced the completion of a funding round following a strategic investment from J.P. Morgan Payments. As part of this deal, Sightline will work with J.P. Morgan Payments to develop an integrated omnichannel solution for resort and online gaming […]

Netcapital Success Story EnergyX Receives $450 Million Private Equity Commitment in Support of Future IPO Plans thumbnail

Netcapital Success Story EnergyX Receives $450 Million Private Equity Commitment in Support of Future IPO Plans

EnergyX raised $4.5 million in growth capital on Netcapital Funding Portal BOSTON–(BUSINESS WIRE)–$NCPL #EquityCrowdfunding—Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced that lithium startup EnergyX, which completed two rounds of financing from 2020 to 2021 through the Netcapital Funding Portal, has received a $450 million investment commitment from […]

Financial Institutions Can Detect and Deter Account Takeover Fraud with First-of-its-Kind Solution from Fiserv thumbnail

Financial Institutions Can Detect and Deter Account Takeover Fraud with First-of-its-Kind Solution from Fiserv

AuthHub leverages real-time data across channels and payment types to help prevent the fastest growing form of fraud BROOKFIELD, Wis.–(BUSINESS WIRE)–Financial institutions can enhance their ability to detect and prevent account takeover fraud with a first-of-its-kind solution from Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions. Rather than […]

Chargebacks911 Appoints Industry Veteran Pel Faquiryan as Chief Growth Officer thumbnail

Chargebacks911 Appoints Industry Veteran Pel Faquiryan as Chief Growth Officer

Strategic leadership appointment designed to enhance Chargebacks911’s long-term performance and market position TAMPA BAY, Fla.–(BUSINESS WIRE)–#Chargebacks—Chargebacks911, the leading dispute technology specialist that powers chargeback remediation for the largest global eCommerce businesses as well as the world’s financial institutions, has appointed long-time finance leader Pelwasha ‘Pel’ Faquiryan as its Chief Growth Officer, responsible for the delivery of […]

TempoPay Launches Zero Interest, Flexible Payment Solution to Help Address Rising Healthcare Costs and Improve Health Outcomes thumbnail

TempoPay Launches Zero Interest, Flexible Payment Solution to Help Address Rising Healthcare Costs and Improve Health Outcomes

TempoPay helps employers provide better access to healthcare and help remove cost barriers NEW YORK–(BUSINESS WIRE)–Today, TempoPay – an innovative healthcare payments platform developed by healthcare, fintech and employee benefits experts – launches a new zero interest, flexible payment solution to help people get the care they need when they need it, without the financial […]

Ottr Finance, a Solana-based Crypto App, Raises $3.1 Million Pre-Seed Funding Led by Race Capital with Participation from Circle Ventures, Slow Ventures, and Kamal Ravikant thumbnail

Ottr Finance, a Solana-based Crypto App, Raises $3.1 Million Pre-Seed Funding Led by Race Capital with Participation from Circle Ventures, Slow Ventures, and Kamal Ravikant

Ottr makes holding and using crypto as easy as Venmo for the next billion crypto users How Ottr Works Ottr User Interface SAN FRANCISCO, Oct. 20, 2022 (GLOBE NEWSWIRE) — Ottr, a new Web3 mobile app that makes holding crypto easier and more secure than ever, is pleased to announce it has closed on a […]

Blue Federal Credit Union Celebrates International Credit Union Day thumbnail

Blue Federal Credit Union Celebrates International Credit Union Day

Other Local Credit Unions Join In Cheyenne Wyoming, Oct. 20, 2022 (GLOBE NEWSWIRE) — Credit unions throughout Wyoming and Colorado are celebrating International Credit Union (ICU) Day ICU Day® is recognized worldwide and celebrates the spirit of the global credit union movement. The day is recognized to reflect upon the credit union movement’s history, promote […]

Derivative Path Appoints FinTech Veteran Stephen Johnson as Head of Sales as Company Continues to Expand thumbnail

Derivative Path Appoints FinTech Veteran Stephen Johnson as Head of Sales as Company Continues to Expand

WALNUT CREEK, Calif., Oct. 20, 2022 (GLOBE NEWSWIRE) — Derivative Path, a leading provider of capital markets technology and derivatives services, continues to build its team by adding industry veteran Stephen Johnson as its new Head of Sales. In this newly created role, Johnson will lead the Derivative Path sales team and focus on maximizing […]

Zero Hash partners with Blockdaemon to power native crypto on-ramp solution thumbnail

Zero Hash partners with Blockdaemon to power native crypto on-ramp solution

Enabling Crypto Adoption with On-Ramps CHICAGO, Oct. 20, 2022 (GLOBE NEWSWIRE) — Blockdaemon, the leading institutional-grade blockchain infrastructure company for node infrastructure, along with Zero Hash, today announced a strategic partnership for Blockdaemon’s offering, Onramp. Blockdaemon Onramp is a leading cryptocurrency fiat-to-crypto on-ramp. Blockdaemon is leveraging Zero Hash’s API-driven infrastructure to natively offer customers crypto […]

Remitly Ushers in New Era of Regional Growth in Asia-Pacific thumbnail

Remitly Ushers in New Era of Regional Growth in Asia-Pacific

SEATTLE and SINGAPORE, Oct. 20, 2022 (GLOBE NEWSWIRE) —  Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a leading digital financial services provider for immigrants and their families in over 170 countries around the world, today announced key business milestones in the Asia-Pacific (APAC) region. Remitly has expanded its global footprint to include Japan and New Zealand. […]

National Survey Finds Nearly 75% of U.S. Businesses Have Been Affected by the Labor Shortage thumbnail

National Survey Finds Nearly 75% of U.S. Businesses Have Been Affected by the Labor Shortage

57% of professionals surveyed said their company has instated a work from home or hybrid work option to retain or attract talent ISELIN, N.J., Oct. 20, 2022 (GLOBE NEWSWIRE) — Provident Bank, a leading New Jersey-based financial institution, has released the results of its 2022 National Labor/Staffing Shortage Survey. The survey includes insights from 1,000 […]

The Global Virtual Cards Market size is expected to reach $37.5 billion by 2028, rising at a market growth of 19.1% CAGR during the forecast period thumbnail

The Global Virtual Cards Market size is expected to reach $37.5 billion by 2028, rising at a market growth of 19.1% CAGR during the forecast period

For use with mobile ordering and electronic transactions, a virtual card is a type of digital payment system that serves as a token. A process known as tokenization creates credentials automatically, and cards have built-in financial restrictions to finance them for either single-use or multipurpose transactions. New York, Oct. 20, 2022 (GLOBE NEWSWIRE) — Reportlinker.com […]

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