Techwire


Kora, the Personal Finance App Just for College Students, Reaches 100,000 Active Users on Budgeting Tool

Kora Insights, their premier budgeting tool, is achieving record usage amidst rising tuition and nationwide inflation CHICAGO–(BUSINESS WIRE)–Kora, a financial technology company exclusively serving college students, announced they’ve reached 100,000 active users on their Kora Insights budgeting tool1. This milestone arrives as students throughout the U.S. grapple with the rising costs of college and associated […]

Astra and Visa Partner to Enable Faster Funding for New Accounts

Astra, in collaboration with Visa Direct, brings instant account funding to neo-banks, marketplaces, and exchanges in the U.S. SAN FRANCISCO–(BUSINESS WIRE)–Astra, a leading provider of instant card-to-card funding as a service in the U.S.1, today announced it is using Visa Direct2 – Visa’s real-time3 payments service – to provide fast payments to millions of its […]

Maxi Adds US Money Transfer Service with Pin4

The new Agent-to-ATM service is now available through more than 20,000 independent ATMs across the United States. IRVING, Texas–(BUSINESS WIRE)–Maxi has launched a new service for its customers to send money within the USA. In partnership with Pin4, this is the first Agent-to-ATM domestic remittances service available within Maxi’s large portfolio of safe and convenient […]

TreviPay Releases Small Business Supplier Network Banking Solution to Support Recovery for Small Business Sellers Serving Business & Government Buyers

TreviPay’s newest payment network set to evolve financial services for small businesses to eliminate business accounts receivable and increase selling power OVERLAND PARK, Kan.–(BUSINESS WIRE)–Global B2B payments and invoicing network TreviPay today announced the launch of its Small Business Supplier Network (SBSN) across the United States, the industry’s first payments network built for banks and […]

Lexop Study Reveals a Disconnect Between Consumer Expectations and the Current Past-Due Customer Experience

Despite a growing preference for digital contact methods, traditional collections tactics still account for 73% of past-due customer interactions. MONTREAL–(BUSINESS WIRE)–A recent study conducted by Lexop, a Canadian-based fintech, revealed a significant disconnect between consumer expectations and the service levels companies provide once accounts become past due. The study, Early-Stage Collection Trends in 2022, surveyed […]

Skyhigh Security Named a 2022 Gartner® Peer Insights™ Customers’ Choice for Security Service Edge

Receives Customers Choice distinction with one of the highest rankings in the Global Enterprise Segment SAN JOSE, Calif.–(BUSINESS WIRE)–#SSE–Skyhigh Security today announced it was named a ‘Customers’ Choice’ in the Gartner Peer Insights ‘Voice of the Customer’: Security Service Edge report. The Skyhigh Security Service Edge (SSE) platform achieved an overall rating of 4.7 out […]

Nova Vision Acquisition Corp. Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination

Singapore, Aug. 09, 2022 (GLOBE NEWSWIRE) — Nova Vision Acquisition Corp. (NASDAQ: NOVV, the “Company”), a special purpose acquisition company, announced today that Nova Pulsar Holdings Limited, the Company’s initial public offering sponsor (“Sponsor”), has deposited into the Company’s trust account (the “Trust Account”) an aggregate of $575,000 (representing approximately $0.10 per ordinary share issued […]

GBT’s 3D, Multiplanar IC Continuation Patent Application Received an Issue Notification, expected to be Granted on August 9, 2022

This second 3D, MP microchip Application Seeks to Further Strengthen GBT’s Multi-Dimensional Integrated Circuits Design and Manufacturing Concept SAN DIEGO, Aug. 09, 2022 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”), received an issue notification from the United States Patent and Trademark Office (“USPTO”) for its 3D, Multi-Planar IC design and […]

Global Proximity Payment Market Report 2022: Shift Toward a Cashless System and the Arrival of In-Person Payment Experiences Opens Avenues For Growth

Dublin, Aug. 09, 2022 (GLOBE NEWSWIRE) — The “Global Proximity Payment Market By Offering, By Application, By Regional Outlook, Industry Analysis Report and Forecast, 2021 – 2027” report has been added to ResearchAndMarkets.com’s offering. The Global Proximity Payment Market size is expected to reach $26.4 billion by 2027, rising at a market growth of 11.6% […]

With Worldwide Revenues (Excluding Pre-Paid Cards) in Q2 2022 Increasing 32% Year-over-Year, Ebix Announces Q2 2022 Results

Q2 Revenues of $250.8 million, with 2% Year-over-Year (YOY) Growth Q2 Diluted EPS of $0.63, with 23% YOY Growth Q2 GAAP Operating Income of $30.1 million, with 10% YOY Growth Q2 Operating Cash flow of $21.4 million JOHNS CREEK, Ga., Aug. 09, 2022 (GLOBE NEWSWIRE) — Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of […]

Nuvei Announces Second Quarter 2022 Results

Nuvei reports in U.S. dollars and in accordance with International Financial Reporting Standards (“IFRS”) MONTREAL, Aug. 09, 2022 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), tomorrow’s payment platform, today reported its financial results for the three months ended June 30, 2022. “We reported a solid second quarter with a 44% […]

Biz2Credit Small Business Lending Index™ Finds Business Loan Approval Rates Rose at Small Banks, Dipped at Big Banks in July 2022

Loan approval percentages down slightly at big banks and credit unions, but non-bank lenders show continued growth NEW YORK, Aug. 09, 2022 (GLOBE NEWSWIRE) — Small business loan approval percentages at small banks rose from 21.1% in June to 21.2% in July, while approvals at big banks ($10m + in assets) dipped from 15.4% in […]

Asia Pacific Artificial Intelligence In Fintech Market Report 2022: Featuring Key Players IBM, Oracle, Google, Microsoft & Others

Dublin, Aug. 09, 2022 (GLOBE NEWSWIRE) — The “Asia Pacific Artificial Intelligence In Fintech Market Size, Share & Industry Trends Analysis Report By Component (Solutions and Services), By Deployment (On-premise and Cloud), By Application, By Country and Growth Forecast, 2022 – 2028” report has been added to ResearchAndMarkets.com’s offering. The Asia Pacific Artificial Intelligence In […]

Global Merchant Acquiring Market Report 2022: Rising Adoption of Cloud Payment Migration & AI based Merchant Acquiring Services Present Lucrative Opportunities

Dublin, Aug. 09, 2022 (GLOBE NEWSWIRE) — The “Global Merchant Acquiring Market: Analysis By Volume, By Transaction, By Payment Method, By Company Type, By Region Size and Trends with Impact of COVID-19 and Forecast up to 2026” report has been added to ResearchAndMarkets.com’s offering. In terms of volume, the global merchant acquiring market stood at […]

Root, Inc. Announces 2022 Second Quarter Results; Moving Forward with Reverse Stock Split at 1-for-18 Ratio

COLUMBUS, Ohio, Aug. 08, 2022 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced financial results for the quarter. Root’s second quarter results and management commentary can be found by accessing the shareholder letter posted to the company’s investor relations website at ir.joinroot.com. Root will host a conference […]

Blockchain in FinTech Market Size To Reach USD 31.4 Billion By 2030 With 47.9% CAGR – Report by Market Research Future (MRFR)

Continued Expansion of Open Banking & Payment Platforms Substantiate Market Size New York, US, Aug. 08, 2022 (GLOBE NEWSWIRE) — According to a comprehensive research report by Market Research Future (MRFR), “Blockchain in FinTech Market Analysis by Service Provider, Interaction Channel (bank branch, mobile application), Organization Size, Application (Payment, Smart Contract) —  Forecast till 2030” […]

ICE to Host Auctions of Nature Based Carbon Removal Credits for GreenTrees

NEW YORK & LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that it plans to begin carbon credit auctions for GreenTrees, a global leader in reforestation. GreenTrees is the number one reforestation program operator in the United States by credit issuance and wholly owned by ACRE […]

Global Fintech-as-a-Service Platform Market is Predicted to Grow at a Significant CAGR During 2022-2031; Increasing Investments by Banks in Advanced Technologies and Rising Adoption of Smartphones to Propel Growth – Research Nester

Key Companies Covered in the Global Fintech-as-a-Service Platform Market Research Report by Research Nester are Synctera Inc., Fafnir LLC, Rapyd Financial Network (2016) Ltd., NEO TECHNOLOGIES, FISPAN, Payward, Inc., Monzo Bank Ltd, Robinhood Markets, Inc., Stripe, Inc., Klarna Bank AB, and other key market players. New York, Aug. 08, 2022 (GLOBE NEWSWIRE) — Research Nester […]

RJD Green Inc.’s Earthlinc Division Executes an Agreement for Development of Green Remediation Services

TULSA, OK, Aug. 08, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — RJD Green (OTCPK: RJDG) announced today the Earthlinc Environmental Division of the Company has entered a twelve-month study and process development for green remediation service of animal waste. Ron Brewer, RJDG Green Inc. CEO, states: “Through our Earthlinc Environmental Division, RJD Green has received a contract […]

Global $5.75 Bn Smart Parking Markets, 2020-2021 & 2022-2030

Dublin, Aug. 08, 2022 (GLOBE NEWSWIRE) — The “Smart Parking Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 to 2030” report has been added to ResearchAndMarkets.com’s offering. The size of the global market for smart parking systems was evaluated at $5.75 billion in 2021, and it […]

Seacoast Announces Agreement to Acquire Professional Holding Corp.

Accelerates Seacoast’s Successful Strategy of Expanding its Presence in the Attractive South Florida Market STUART, Fla., Aug. 08, 2022 (GLOBE NEWSWIRE) — Seacoast Banking Corporation of Florida (“Seacoast”) (NASDAQ: SBCF), the holding company for Seacoast National Bank (“Seacoast Bank”), and Professional Holding Corp. (“Professional”) (NASDAQ: PFHD), parent company of Professional Bank, announced today that they […]

Juniper Research: Buy Now Pay Later Users to Reach Over 900 Million Globally by 2027, Driven by Low Cost of Credit

BASINGSTOKE, England–(BUSINESS WIRE)–A new study from Juniper Research has predicted that the number of BNPL (Buy Now Pay Later) users will surpass 900 million globally by 2027; increasing from 360 million in 2022. This substantial growth of 157% will be driven by the anticipated economic downturn, which will increase the demand for low-cost credit solutions. […]

HV Bancorp, Inc. Reports Results For The Quarter Ended June 30, 2022

DOYLESTOWN, Pa., Aug. 05, 2022 (GLOBE NEWSWIRE) — HV Bancorp, Inc. (the “Company” or “HVB”) (Nasdaq Capital Market: HVBC), the holding company of Huntingdon Valley Bank (the “Bank”), reported operating results for the Company for the quarter and six months ended June 30, 2022. Net income for the quarter ended June 30, 2022, was $640,000 […]

Mru Patel Appointed Non-Executive Director of Axis Technologies Group, Inc.

Los Angeles, CA, Aug. 05, 2022 (GLOBE NEWSWIRE) — Dr. William Tien, President and Chief Executive Officer of Axis Technologies Group, Inc. (OTC Pink: AXTG),  has appointed Mru Patel as Non-Executive Director to head AXTG’s new divisions, which include both digital-banking and carbon-credit projects. Mr. Patel’s role will be focused on Environmental and Social Governance […]

Ebang International to Launch New Ebonex Crypto-Linked Payment Cards Powered by Mastercard

SYDNEY, Australia, Aug. 05, 2022 (GLOBE NEWSWIRE) — Ebang International Holdings Inc. (Nasdaq: EBON, the “Company”, “we” or “our”), a global blockchain technology company, today announced that its Australian cryptocurrency exchange platform, Ebonex, has collaborated with Mastercard to enable a new crypto-linked card. Ebonex allows customers to buy, sell and trade crypto assets. This collaboration […]

Sound Results for illimity Also in the Second Quarter of 2022

Net Profit of 15.8 Million Euro (+6% Y/Y), Bringing the Net Result for the First Half Year to 31.5 Million Euro (+15% vs 1H21)Earnings Driven by Growth in Revenue, Which Rose to 80.6 Million Euro in 2Q22 (+13% Y/Y), illimity’s Best Quarterly Figure, and to 159 Million Euro in 1H22 (+25% Y/Y)Net Customer Loans at […]

AppTech Payments Reports Second Quarter 2022 Results

CARLSBAD, Calif., Aug. 04, 2022 (GLOBE NEWSWIRE) — AppTech Payments Corp. (“AppTech”) (NASDAQ: APCX), a Fintech company powering commerce experiences, today announced results for the three months ended June 30, 2022. The financial statements and 10-Q are available on sec.gov. Second Quarter 2022 Financial Highlights Revenue for the three months ended in June 30, 2022 […]

Cross River Doubles Down on Community Commitment with Spotlight on Financial Literacy

Company continues to take innovative approach to financial literacy education by highlighting how technology can propel financial inclusion Two events lead the charge in August, focusing on diversity and expansion to benefit even more families FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today announced additional […]

ZSuite Tech Secures $11 Million in Series A Round, Led by S3 Ventures

Market demand for unbound digital account platform continues to surge, funding to drive company’s growth, market expansion and product development WESTWOOD, Mass.–(BUSINESS WIRE)–ZSuite Technologies (ZSuite Tech), a financial technology company that powers financial institutions with unbound digital accounts encompassing escrow, subaccounting, sub-ledgering, FBO and trust accounts for commercial customers, today announced the completion of an […]

At-Bay Expands Insurance Offerings With Launch of Miscellaneous Professional Liability

Backed by Markel subsidiary, insurtech meets demand in underserved market with digital-first MPL product SAN FRANCISCO–(BUSINESS WIRE)–At-Bay, the specialty insurance provider for the digital age, today announced the launch of its Miscellaneous Professional Liability (MPL) product, becoming the first to offer an automatically underwritten policy that customizes coverage and pricing across more than 50 diverse […]

Cognito Selected by Thoughtworks as North America Agency of Record

Firm to provide corporate, financial and digital communications advisory as Thoughtworks reinforces its premium reputation following IPO Addition strengthens Cognito’s existing portfolio of professional services clients looking to enhance corporate reputation and drive brand awareness NEW YORK–(BUSINESS WIRE)–Cognito, a leading communications firm for financial, technology and professional services organizations, announced, today, it has been selected […]

Valley National Bancorp Invests $25 Million in an Early-Stage Fintech-Oriented Israeli VC

NEW YORK–(BUSINESS WIRE)–Valley National Bancorp (NASDAQ:VLY) today announced a $25 million investment in The Garage, a venture capital fund that builds and invests in early-stage startups in the fields of fintech, AI and cyber. The fund is backed by Bank Leumi, the leading bank in Israel and by BRM Group, a seasoned Israel-based family office […]

Aware to Exhibit Fraud-Resistant Financial Cybersecurity Authentication Solutions at Febraban Tech 2022

Attendees to experience a detailed look at Aware’s proven fraud-resistant, mobile banking authentication solutions at influential Latin American event BEDFORD, Mass., Aug. 04, 2022 (GLOBE NEWSWIRE) — Aware, Inc. (NASDAQ: AWRE), a leading authentication company applying proven and trusted adaptive authentication to solve everyday business challenges with biometrics, will be demonstrating the many advantages of […]

LendTech Innovator TSLC Wins Two Awards at the 2022 ABF Wholesale and Retail Banking Awards

TSLC gets recognized for its technology and efforts in the UAE by getting awarded the “AI & Machine Learning Initiative Of The Year” and “Financial Inclusion Initiative Of The Year.” TSLC: Awards TSLC: Awards DUBAI, Arab Emirates, Aug. 04, 2022 (GLOBE NEWSWIRE) — The Social Loan Company (TSLC), a leading credit-led financial wellness platform, is […]

Investview (“INVU”) Announces Expansion of Its Bitcoin Mining Farm Operation From Renewable Energy Sources of Hydro and Geothermal Energy – Operational Hash Rate Expected to grow by Nearly 50% to Over 400 PH/s Per Second

Eatontown, NJ, Aug. 04, 2022 (GLOBE NEWSWIRE) — Investview, Inc. (OTCQB: INVU), a diversified financial technology company that through its subsidiaries and global distribution network provides financial technology, education tools, content, research, and management of digital asset technologies with a focus on Bitcoin mining and the new generation of digital assets, announced today that the […]

GBT Technologies and GTX Corp Enter into a Second Letter of Intent Covering the Potential Worldwide Licensing rights for the Manufacturing, Sales and Distribution Focusing on qTerm

SAN DIEGO, Aug. 04, 2022 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC: GTCH) (the “Company”), a technology company focused on developing a portfolio of Intellectual Property targeted on integrated circuits design automation, IoT (Internet of Things), mesh radio technology and Artificial Intelligence (AI), today announced that on August 1, 2022, the Company and GTX Corp […]

Sopra Steria UK Continues Mission Toward Shaping a Better World With Social Value Driven Digital Transformation Initiatives

Momentum includes new customers success stories across UK Government and businesses which focus on delivering social value; industry recognition including top 20 ranking in Great Places to Work® and growth of 20% over the last two years LONDON–(BUSINESS WIRE)–Sopra Steria, a purpose-driven digital transformation provider, today shares news of its continued momentum and growth, building […]

United Arab Emirates Prepaid Card and Digital Wallet Market Investment Opportunities Report 2022: Market is Expected to Reach $9.26 Billion by 2026

Dublin, Aug. 04, 2022 (GLOBE NEWSWIRE) — The “United Arab Emirates Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend” report has been added to ResearchAndMarkets.com’s offering. The prepaid card market (value terms) in the United Arab Emirates (the UAE) increased at a […]

VCIB and City of Ottawa partner to help homeowners reduce emissions

Better Homes Ottawa Loan Program enables residents to retrofit their homes TORONTO, Aug. 04, 2022 (GLOBE NEWSWIRE) — Traditional territory of multiple Indigenous nations, including the Haudenosaunee and the treaty territory of the Mississaugas of the Credit — Vancity Community Investment Bank (VCIB) today announced a financing partnership with the City of Ottawa. VCIB’s $33.9 […]

Chile Prepaid Card and Digital Wallet Markets Databook 2022: Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend 2016-2025

Dublin, Aug. 04, 2022 (GLOBE NEWSWIRE) — The “Chile Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend” report has been added to ResearchAndMarkets.com’s offering. The prepaid card market (value terms) in Chile increased at a CAGR of 11.7% during 2017-2021. Over the […]