Techwire


BlackRock Update on the iShares MSCI Russia ETF (ERUS)

NEW YORK–(BUSINESS WIRE)–Effective August 3, 2022, the iShares MSCI Russia ETF (ERUS) has suspended the right of redemption of fund shares pursuant to an exemptive order issued by the Securities and Exchange Commission on August 3, 2022, in order to permit the fund to liquidate its portfolio. On August 17, 2022, BlackRock will begin liquidating […]

MercadoLibre, Inc. Second Quarter 2022 Letter to Shareholders

Net Revenues of $2.6 billion, up 56.5% year-over-year on an FX neutral basisIncome from operations of $250 million, with a 9.6% margin$30.2 billion Total Payment Volume, up 83.9% year-over-year on an FX neutral basis$8.6 billion Gross Merchandise Volume, up 26.2% year-over-year on an FX neutral basis MONTEVIDEO, Uruguay, Aug. 03, 2022 (GLOBE NEWSWIRE) — MercadoLibre, […]

Amdocs’ Vindicia Collaborates with ACI Worldwide to Provide Turn-key Payments Solution for Subscription Businesses

Collaboration provides subscription-based merchants with an end-to-end integrated solution to reduce time-to-market, retention, and overall costs JERSEY CITY, N.J., Aug. 03, 2022 (GLOBE NEWSWIRE) — Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, today announced its collaboration with ACI Worldwide (NASDAQ: ACIW), a leader in mission-critical, real-time payments software, to […]

MercadoLibre, Inc. Reports Second Quarter 2022 Financial Results

MONTEVIDEO, Uruguay, Aug. 03, 2022 (GLOBE NEWSWIRE) — MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com), Latin America’s leading e-commerce technology company, today reported financial results for the quarter ended June 30, 2022, in a letter to shareholders, which is now posted to the Investor Relations section of MercadoLibre’s website. The Company will host an earnings video as […]

One World Universe Inc. in Negotiations to Acquire a Majority Share in a Digital Bank

HUNTINGTON BEACH, CA, Aug. 03, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – One World Universe Inc. (OTC: OWUV), a publicly traded company that invests in sports related businesses, distressed assets, business opportunities within emerging industries such as the Metaverse, and providing humanitarian efforts in over 185 countries; One World Universe Inc. is in negotiations to […]

Cambridge Savings Bank Extends Financing Package to Support the Next Evolution of Growth for Fulfillment America

Working capital to support increased production as the world-class fulfillment company manages an uptick in services following the pandemic CAMBRIDGE, Mass.–(BUSINESS WIRE)–#SMBs—Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, today announced that its Corporate Banking team provided new client, Fulfillment America, Inc, with a […]

Oxygen Announces the State of the Creator Economy Report

Study Identifies the Needs of Modern Content Creation Entrepreneurs SAN FRANCISCO–(BUSINESS WIRE)–Oxygen, a modern financial platform designed for the 21st century economy, today released its State of the Creator Economy Report, which takes a look at the booming creator economy, the people behind the content, their goals and challenges, and the technologies that are quickly […]

Capitolis Unveils New Brand Identity Reflecting Company’s Continued Growth and Expansive Vision for Financial Markets

New brand identity includes a new logo, brand colors, brand purpose, promise and principles NEW YORK–(BUSINESS WIRE)–Capitolis, the technology company reimagining financial markets, announced today its new brand strategy and visual system including a logo which signifies Capitolis’ ability to unlock the potential of the global economy. The company, which enables safe growth in financial […]

Transact Partners With GradGuard To Provide Financial Insurance to Millions of Students

Partnership Allows for Safeguard Should a Student Need to Withdraw from School Due to Medical Reasons PHOENIX–(BUSINESS WIRE)–Transact, the leader in innovative payment and mobile credential solutions for a connected campus, today announced an enhanced partnership with GradGuard, the leading provider of college renters and tuition insurance. The partnership will provide families and students with […]

Vontive Crosses $1 Billion of Real Estate Financed

Company’s tremendous momentum underscores the demand for innovative platform SAN FRANCISCO & SEATTLE–(BUSINESS WIRE)–#AI—Vontive, the first embedded mortgage platform for investment real estate, today announced that it has financed more than $1.1 billion of residential properties owned by investors. The company originated $750 million of loans for these properties, and it has a success rate […]

Deep Instinct Pioneers Deep-Learning Malware Prevention to Protect Mission Critical Business Applications at Scale

Agentless approach meets the attacker earlier to protect financial services and other large enterprises from an underserved attack vector NEW YORK–(BUSINESS WIRE)–Deep Instinct, the first company to apply end-to-end deep learning to cybersecurity, today delivered Deep Instinct Prevention for Applications, an agentless, on-demand, antimalware solution for the enterprise that is device and operating system agnostic. […]

OriginClear Names Castle Placement for Water On Demand Offering

Platform will tap up to 64,500 institutional investors/lenders and 600,000+ accredited investors CLEARWATER, Fla.–(BUSINESS WIRE)–$OCLN #cleanwater—OriginClear Inc. (OTC Pink: OCLN), the Clean Water Innovation Hub™, announces that it has named investment bank Castle Placement (“Castle”) (www.castleplacement.com) as its exclusive placement agent to build the capital base for its Water On Demand™ program. The Company intends […]

OneScreen.ai Launches Most Comprehensive Public Directory of Out-of-home (OOH) Advertising Inventory and OOH Providers

Searchable directory makes OOH companies and 864,000+ listings easily discoverable by buyers, a major step in OneScreen.ai building the most open, integrated, cooperative infrastructure in OOH BOSTON–(BUSINESS WIRE)–#AI—OneScreen.ai, the marketplace provider for buying and selling out-of-home (OOH) advertising, has launched the most comprehensive public directory of OOH advertising inventory with more than 3,200 OOH providers, […]

ICOA PROGRESSES ITS EAGERLY AWAITED NFT MARKETPLACE INTO BETA

The ‘Symbiosis NFT Marketplace’ will put collaboration at its heart… Las Vegas, Nevada, Aug. 03, 2022 (GLOBE NEWSWIRE) — ICOA Inc. (OTC: ICOA), a publicly traded Nevada-based company that acquires exciting blockchain-driven ventures, has announced the beta launch of its highly anticipated community-led NFT marketplace, Symbiosis – the art of collaboration. The name ‘Symbiosis’ reflects […]

FinTech Automation Partners with Mastercard for Open Banking

FinTech Automation has been approved as one of the initial technology integration partners for open banking on Mastercard’s Engage partner network to help businesses build, launch, and grow payment solutions DALLAS, Aug. 03, 2022 (GLOBE NEWSWIRE) — FinTech Automation (“FTA”) announces it has been selected as one of the technology partners for open banking within […]

Secure Technology Alliance Announces Identity and Access Forum, Streamlined Organization and Membership Structures

Modeled after the successful U.S. Payments Forum, new Forum combines STA’s Identity and Access Councils including its mobile driver’s license (mDL) initiatives and more into a single group ENGLEWOOD, Colo., Aug. 03, 2022 (GLOBE NEWSWIRE) — The Secure Technology Alliance today unveiled changes to streamline its organization structure and membership levels to facilitate more efficient […]

Earned Wage Access Provider ZayZoon Raises $25.5M to Bring Financial Flexibility and Empowerment to All Employees as a Standard Benefit

Featured Image for ZayZoon Featured Image for ZayZoon CALGARY, Alberta, Aug. 03, 2022 (GLOBE NEWSWIRE) — ZayZoon, a provider of voluntary benefits that allows employees across the United States to instantly access their earned wages on-demand, is pleased to announce a series of financings that total $25.5 million in aggregate, consisting of $12.5 million in equity […]

nCino Announces Executive Leadership Appointments

WILMINGTON, N.C., Aug. 03, 2022 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced several new appointments across its executive leadership team to further support the Company’s continued growth, scale and product innovation. The following changes across nCino’s executive leadership team […]

Parafin Raises $60M Led by GIC to Help Every Company Launch Embedded Financial Services for Small Businesses

SAN FRANCISCO–(BUSINESS WIRE)–Parafin, a fintech infrastructure startup that companies such as marketplaces, vertical SaaS, and payment processors rely on to launch and embed financial services for their sellers, announced that it has raised a $60 million Series B financing round led by GIC, bringing its total equity funding to $94 million. This round includes participation […]

Tricolor Named Finovate Industry Awards Finalist for Both Excellence in Financial Inclusion and Best Consumer Lending Solution

Tricolor continues to earn plaudits for its use of technology and AI to lend affordably to underserved Hispanics and provide them a path to the financial mainstream DALLAS, Aug. 03, 2022 (GLOBE NEWSWIRE) — Tricolor today announced it has been named a finalist in two categories for the annual Finovate Awards: Excellence in Financial Inclusion […]

Revere Partners Announces Investment in FeatherPay

New York, NY-based oral-health tech investment fund Revere Partners announces investment in FeatherPay to accelerate the consumerization of the patient payment experience in key healthcare segments. Revere Partners Revere Partners NEW YORK, Aug. 03, 2022 (GLOBE NEWSWIRE) — Revere Partners, the first independent venture fund providing capital for cutting-edge innovations in the oral and systemic […]

CoreCard Corporation Reports Second Quarter 2022 Results

NORCROSS, Ga., Aug. 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, announced today its financial results for the quarter ended June 30, 2022. “CoreCard’s strong performance continued in the second quarter and resulted in total revenue […]

Ebix Hosts Q2 Investor Call Tuesday, August 9, 2022 at 11:00 a.m. ET

JOHNS CREEK, Ga., Aug. 03, 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 second quarter results on Tuesday, August 9, 2022, and will host an investor […]

Germany Prepaid Card and Digital Wallet Market Report 2022: Prepaid Card Companies are Launching Products Targeting the Young Generation

Dublin, Aug. 03, 2022 (GLOBE NEWSWIRE) — The “Germany 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 Germany increased at a CAGR of 9.9% during 2017-2021. Over the […]

Equifax® Canada Expands Financial Data Exchange Engagement

Chief Data Officer Sandy Kyriakatos Appointed to FDX Board TORONTO, Aug. 03, 2022 (GLOBE NEWSWIRE) — Equifax Canada is deepening its commitment to promote a consent-based approach to open banking and educating Canadians on consumer-led banking by expanding its engagement with Financial Data Exchange. A member of FDX since 2020, Equifax Canada’s Chief Data Officer, […]

Real Time Technologies acquires InComm Agent Solutions, adds critical payments technology and extends retail footprint

Real Time Technologies’ purchase of InComm Agent Solutions adds critical payments technology to its core business and expands serviceable areas – ushering in a new era of best-in-class retail management software solutions for the wireless industry TAMPA, Fla., Aug. 03, 2022 (GLOBE NEWSWIRE) — Real Time Technologies, Inc (RT²), a leading enterprise software platform company […]

US FinTech Startup CabbagePay is set to redefine the way money flows.

NEW YORK–(BUSINESS WIRE)–#cabbagepay–FinTech startup CabbagePay has officially launched in major US cities with its goal to redefine the way money moves for all businesses, as it continues to penetrate brands, stores, websites, and apps. CabbagePay is growing rapidly due to its cost-effective payment rails and myriad use cases in all walks of industries from retail, […]

Synctera Debuts Operational Compliance Support for FinTech Builders

Ground Control offers FinTech builders end-to-end compliance support through the Synctera platform SAN FRANCISCO–(BUSINESS WIRE)–Synctera, a leading FinTech platform helping innovators bring financial products to market more efficiently, has launched Ground Control, an end-to-end banking and compliance operational support program for developers and builders of financial products. Ground Control is a complimentary service that helps […]

VRGL and BridgeFT Partner to Streamline Portfolio Analysis for Wealth Managers

Alliance Delivers Access to Real-time Investment Data and Client Reporting to Enhance Client and Prospect Engagement CHICAGO & DALLAS–(BUSINESS WIRE)–Bridge Financial Technology (“BridgeFT”), a data-centric wealth management technology platform, today announced it has partnered with VRGL, Inc (“VRGL”), a provider of institutional-grade analytics and automated data extraction to the wealth management industry. The partnership will […]

Cybernance Announces Addition of Okta Single Sign On

SSO Interface improves security of cyber assessment and reporting AUSTIN, Texas–(BUSINESS WIRE)–#FFIEC–Cybernance Corporation has announced the addition of Single Sign On (SSO) for its NIST CSF and FFIEC CAT cyber assessment and reporting platform. The implementation of the Okta SSO will satisfy the demand for identity security across Cybernance’s entire user base. The secure cloud […]

YouHodler Gets Regulatory Approval to Operate in Italy

Milan, Italy, Aug. 02, 2022 (GLOBE NEWSWIRE) — Europe financial intermediary and FinTech platform YouHodler bolstered its European occupation by obtaining registration and regulatory approval in Italy. Currently, the company has offices in Switzerland and Cyprus and services various countries in Europe and around the world. Now, it will expand its physical presence once again […]

BitNile Holdings Announces Conference Call to Provide an Update on TurnOnGreen Special Dividend

LAS VEGAS–(BUSINESS WIRE)–$AP #AmosKohn—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”), will host a conference call at 2:00 PM Pacific Time on Tuesday, September 6, 2022, to provide an update on the status of the planned spinoff of the Company’s subsidiary, TurnOnGreen, Inc., an electronic vehicle (“EV”) charging and […]

Green Payments Launches Dealer Genie, a Long-Awaited Payment Processing Solution for Automotive Dealers

The cloud based, PCI-compliant platform has already directly helped over 500 dealers nationwide LONG BRANCH, N.J., Aug. 02, 2022 (GLOBE NEWSWIRE) — Green Payments, a credit card processing and point of sale disrupter, today announces its new Dealer Genie program, which gives automotive dealer merchants complete control over their internal processing while creating a seamless […]

RevoluGROUP Canada Inc. Launches RevoluTRANSFER International FX Transfers up to 3 million USD and RevoluPAY Visa Instant Cards

Vancouver, BC, Aug. 02, 2022 (GLOBE NEWSWIRE) — RevoluGROUP Canada Inc. (TSX-V: REVO), (Frankfurt: IJA2) (the “Company”) is pleased to announce that it has officially launched RevoluTRANSFER, arguably its most anticipated revenue vertical to date. Leveraging our EU PSD2 banking license, United States MSB II, Canadian FINTRAC, passporting approval, and contractual financial partnerships, the new […]

Nav Awards $10,000 Small Business Grant to English for a Lifetime

Reflecting Nav’s overall mission to elevate small businesses, Nav’s Small Business Grant will help both the grant winner, English for a Lifetime, expand its classroom offerings and runner-up, Burst of Life, expand its inventory. SALT LAKE CITY, Aug. 02, 2022 (GLOBE NEWSWIRE) — Nav Technologies, Inc. (“Nav”), a simple and intelligent financing platform for small […]

Scrut Automation Launches ‘Risk Management’ for Cloud-Based Companies

Scrut Risk Management is designed to help customers manage their risks more effectively. The tool streamlines risk assessments by automating risk identification, evaluation, mitigation, and monitoring. BENGALURU, India–(BUSINESS WIRE)–#Automation—Scrut Automation, a leading compliance automation platform, unveiled Risk Management, a first-of-its-kind risk assessment tool, to further bolster its offerings in the compliance automation industry. Larger organizations […]

1st Capital Bancorp Announces Appointment of Anne C. Leach to Board of Directors

Anne C. Leach Director, 1st Capital Bank SALINAS, Calif., Aug. 01, 2022 (GLOBE NEWSWIRE) — 1st Capital Bancorp (the “Company”), (OTCQX: FISB), the $1.01 billion asset bank holding company and parent company of 1st Capital Bank (the “Bank”), today announced the appointment of Anne C. Leach as a director.   Ms. Leach is a partner of […]

Discover Hosts Grand Opening of Its Chatham Customer Care Center and Shine Bright® Community Center

Mayor Lori Lightfoot and Elected Leaders Joined Discover in the Ribbon Cutting of the Center Set to Employ more than 1,000 Employees from Invest South/West Communities, Provide Free Space for Use by Community-Based Organizations and House a Tech Hub RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover today hosted the grand opening of its Chatham Customer Care Center and Shine […]

PacWest Bancorp Announces Quarterly Dividends

LOS ANGELES, Aug. 01, 2022 (GLOBE NEWSWIRE) — PacWest Bancorp (Nasdaq: PACW) announced today that its Board of Directors has declared a quarterly cash dividend of $0.25 per common share. The cash dividend is payable on August 31, 2022 to stockholders of record at the close of business on August 15, 2022. The Board of […]