The fund will allow the company to better leverage its technology and credit analysis models SÃO PAULO, Brazil, July 21, 2022 (GLOBE NEWSWIRE) — Neon, a fintech company and digital bank focused on improving the lives of working Brazilians, today announced it has raised $80 million US in its first Credit Rights Investment Fund (FIDC) […]
Nuvei is enabling Eyas to accept all relevant payment methods across its entire UK brand portfolio, including carrier billing London, July 21, 2022 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), tomorrow’s payment platform, announces today it is extending its partnership with online gaming business Eyas Gaming, to provide the operator […]
NASHVILLE, Tenn., July 21, 2022 (GLOBE NEWSWIRE) — Truxton Corporation, the parent company for Truxton Trust Company (“Truxton” or “the Bank”) and subsidiaries, announced its operating results for the quarter ended June 30, 2022. Second quarter net income attributable to common shareholders was $4.1 million or $1.41 per diluted share compared to $3.6 million or […]
George A. Makris, Jr., Simmons’ Chairman and CEO, commented on the quarter Although second quarter results were significantly impacted by accounting adjustments and one-time merger expenses related to our acquisition of Spirit of Texas Bancshares during the quarter, Simmons’ operating results excluding these items were extremely strong. Highlights for the quarter include a significant increase […]
NOIDA, India, July 21, 2022 (GLOBE NEWSWIRE) — EbixCash Limited, a technology enabled provider of digital products and services in the B2C, B2B and financial technology arena, today announced the appointment of Jammu & Kashmir Bank’s entire network spanning 1,000 branches as a sub-agent, to facilitate international remittance services for its Ria Money transfer business. […]
WASHINGTON, July 21, 2022 (GLOBE NEWSWIRE) — Vantage Market Research’s recent analysis of the Global Cryptocurrency Exchange-Platforms Market finds that increasing demand for the platform to facilitate the trading of cryptocurrencies for fiat money, high usage of smartphones across the globe, and growth in venture capital investment are some major factors driving the growth of […]
MELBOURNE, Australia–(BUSINESS WIRE)–Airwallex, a leading global fintech platform, announced the launch of its Airwallex Online Payments App on Shopify. The Airwallex Online Payments App is a payment gateway plugin that merchants can integrate on their online store to accept payments from their global customers. This new app is offered through Airwallex’s payment acceptance solution that […]
RUTHERFORD, N.J., July 20, 2022 (GLOBE NEWSWIRE) — Blue Foundry Bancorp (NASDAQ: BLFY), the holding company for Blue Foundry Bank, announced that it has adopted a program to repurchase up to 2,852,250 shares of its common stock, which is approximately 10% of its outstanding common stock. This is the Company’s first stock repurchase program since […]
LOS ANGELES, July 20, 2022 (GLOBE NEWSWIRE) — PacWest Bancorp (Nasdaq: PACW) – SECOND QUARTER 2022 RESULTS $122.4M $1.02 $174.6M 24.42% Net Earnings Diluted Earnings per Common Share PPNR ROATCE SECOND QUARTER 2022 HIGHLIGHTS Net Earnings of $122.4 Million or $1.02 Per Diluted Share Net Interest Income (TE) of $327.8 Million […]
BETHESDA, Md., July 20, 2022 (GLOBE NEWSWIRE) — Eagle Bancorp, Inc. (the “Company”) (NASDAQ: EGBN), the parent company of EagleBank (the “Bank”), today announced net income of $25.2 million for the second quarter 2022, compared to net income of $45.7 million for the prior quarter and $48.0 million for the year-ago quarter. Net income was $0.79 per […]
As investors become more selective, fintech, cyber, supply chain and alternative energy opportunities remain hot and key beneficiaries of global VC funding, reaching $120.2 billion during Q2’22. Investors increased focus on profitability while the Americas and Europe show most resilience, attracting $66.2 billion and $27.3 billion in VC funding, respectively, in Q2’22. Global fundraising reached […]
StyleScan, a provider of sustainable virtual model merchandising technology, partners with theREMODA, a digital marketplace for luxury and vintage consignment, to display inventory on inclusive virtual models of various sizes and ethnicities. LOS ANGELES–(BUSINESS WIRE)–StyleScan, the developer of virtual-dressing technology for the fashion industry, announced today a new partnership with theREMODA, a San Francisco-based digital […]
Carrier Leveraging Origami’s Multi-Tenant SAAS P/C Insurance Suite To Streamline Underwriting, Billing, and Claims Admin LEXINGTON, Ky.–(BUSINESS WIRE)–#CoreSolutions–Kentucky Employers’ Mutual Insurance (KEMI), the largest provider of workers’ compensation insurance in Kentucky, has selected Origami Risk’s multi-tenant SAAS P/C platform for underwriting, billing, and claims administration. Specifically, Origami’s platform offers KEMI a variety of tools and […]
ALEXANDRIA, Va.–(BUSINESS WIRE)–One year after introducing a mental health initiative aimed at tackling addiction among entrepreneurs, QED Investors today expanded the program to more than 16,000 employees at its Spanish-language portfolio companies across Latin America. The program, called ‘Shatterproof Just Five’ and offered in partnership with Operation Lighthouse, is focused on eliminating the stigma of […]
River City Bank Logo River City Bank Logo SACRAMENTO, Calif., July 20, 2022 (GLOBE NEWSWIRE) — River City Bank (the Bank) reported a net income of $8.9 million, or $5.98 per diluted share, for the quarter ending June 30, 2022, which compares favorably to the $7.3 million, or $4.97 per diluted share, for the same […]
An accelerating shift into dividend stocks indicates investors may have predicted recession in the first quarter. Sentiment around crypto is divided among generations, as Gen Z investors pull back and millennial investors lean in. DALLAS–(BUSINESS WIRE)–Apex Fintech Solutions (“Apex”), the “fintech for fintechs” powering innovation and the future of digital wealth management, today released its […]
Ryan Serhant-backed RLTY Capital’s commission purchasing is now available to agents, brokerages, and developers throughout New York State including the Hamptons and Hudson Valley NEW YORK–(BUSINESS WIRE)–RLTY Capital, a New York-based real estate tech platform and specialty finance firm backed by Ryan Serhant and SERHANT. Ventures, today announced that its service is now available across […]
By automating model deployment, Pecan takes critical next step in bringing data science to BI analysts, marketers, and other business users NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–Pecan AI, the leader in AI-based predictive analytics for BI analysts and business teams, today announced the addition of one-click model deployment and integration with common CRMs, marketing […]
California’s first self-insured auto program designed specifically for nonprofit organizations within the state, implements the Insurium platform DENVER–(BUSINESS WIRE)–#bowrivercapital–California-based NonProfits’ United (nonprofitsunited.com) has selected and successfully implemented the Insurium core P&C insurance software platform to support its vehicle insurance pool and workers’ compensation processing with underwriting, policy administration, billing, and reporting. “Insurium allows us to […]
Expands management liability offering and reinforces data-centric underwriting strategy LOS ANGELES–(BUSINESS WIRE)–#excessinsurance–Counterpart, the management liability insurtech, today announced the launch of its Excess insurance product for small businesses. Backed by Aspen, the Excess policy is another offering to support small businesses in a time of heightened litigation. Counterpart is the first management liability provider to […]
-The expansion will enhance business banking for small businesses and community financial institutions- COLUMBUS, Ohio–(BUSINESS WIRE)–BankiFi, an embedded banking solutions provider, announced its expansion into North America with the launch of BankiFi Americas. The organization’s growth and expansion into the U.S. market will support the unique digitization and payment modernization requirements of SMBs, while placing […]
Future-proof Android Terminal Technology and Applications Brighten the Future Money 2020 Money 2020 LOS ANGELES, July 20, 2022 (GLOBE NEWSWIRE) — WizarPOS, the trailblazer in Android terminal and payment systems, will exhibit at Money 20/20 Las Vegas on Oct. 23-26, 2022. At WizarPOS booth 1303, the team will introduce the latest product innovations and evolutions in […]
Company Formed as Interest in Impact Investing Continues to Increase SEATTLE, July 20, 2022 (GLOBE NEWSWIRE) — Investment and product development executives Josh Hile and Marshall Dunford announced today the formation of Citizen Mint, a new impact investing platform designed to help investors generate both financial returns and positive societal and environmental impacts. The new […]
R-Three Technologies, Inc. (OTC: RRRT) Appoints Entrepreneur, Fintech Expert, and Social Advocate Extraordinaire Karla Ballard as CEO Karla Ballard New York, New York, July 20, 2022 (GLOBE NEWSWIRE) — R-Three Technologies (OTC: RRRT) (“The Company”) (“RRRT”) (www.r3tgroup.com) is thrilled to announce it has appointed FINTECH and Blockchain expert Karla Ballard as CEO for RRRT. Ballard’s […]
Long-time Nexus Engagement and Nexus Origination customer implements Nexus Closing to provide an end-to-end, single sign-on experience for homebuyers LEHI, Utah, July 20, 2022 (GLOBE NEWSWIRE) — SimpleNexus (https://simplenexus.com/), an nCino (NASDAQ: NCNO) company and developer of the United States’ leading homeownership platform for loan officers (LOs), borrowers, real estate agents and settlement agents, today […]
Dublin, July 20, 2022 (GLOBE NEWSWIRE) — The “Global Frictionless Commerce Growth Opportunities” report has been added to ResearchAndMarkets.com’s offering. The retail industry is undergoing a transformational shift wherein physical and digital customer experiences are converging. Retailers want to leverage digital tools that will help them derive contextual, behavioral, and location-based information to create unique […]
Global AML Solutions Market Global AML Solutions Market Dublin, July 20, 2022 (GLOBE NEWSWIRE) — The “Global Anti-money Laundering Market (AML) by Component, Solution (KYC/CDD & Sanctions Screening, Transaction Monitoring, and Case Management & Reporting), Organization Size, Deployment Mode (On-Premises, Cloud), End User & Region – Forecast to 2027” report has been added to ResearchAndMarkets.com’s […]
Open Banking and real-time credit assessment used to improve efficiency and expand vital financial services to more people responsibly LONDON & TEL AVIV, Israel–(BUSINESS WIRE)–FICO: Highlights: FICO and Israel’s Open-Finance.ai enter partnership agreement Open-Finance.ai aims to assist financial institutions and Fintechs in transforming decision-making for credit grantors, insurers and other firms to drive speed and […]
LONDON, July 20, 2022 (GLOBE NEWSWIRE) — Orbital has added support for USDC, on the Solana layer 1 blockchain protocol, to its crypto-commerce payment processing solution. USDC has been growing quickly over the last year, and is on course to become the largest stablecoin, both in the market and across Orbital’s clients – overtaking USDT […]
Increase in automation uses across many industries, such as BFSI, retail, residential, and others and rise in demand for customer service automation in the banking industry drive the growth of the global intelligent virtual assistant in banking market. The pandemic had a positive impact on the growth of the market, owing to increase in usage […]
PayPoint Plc Trading update for the three months ended 30 June 20221 20 July 2022 A good quarter across the PayPoint Group in line with expectations Nick Wiles, Chief Executive of PayPoint Plc, said: “Whilst early in our financial year, we have continued to build on the strong momentum across the Group and remain confident […]
DENVER, July 19, 2022 (GLOBE NEWSWIRE) — National Bank Holdings Corporation (NYSE: NBHC) reported: For the quarter For the quarter – adjusted(1) 2Q22 1Q22 2Q21 2Q22 1Q22 […]
Net income of $8.9 million and diluted earnings per share of $0.83 for the quarter ended June 30, 2022 compared to net income of $8.4 million and diluted earnings per share of $0.76 for the quarter ended March 31, 2022; earnings grew despite a significant reduction in Small Business Administration (“SBA”) Paycheck Protection Program (“PPP”) […]
STUART, Fla., July 19, 2022 (GLOBE NEWSWIRE) — Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF), announced that on July 19, 2022, the Company’s Board of Directors declared a quarterly cash dividend of $0.17 per share to the holders of the Company’s common stock. The dividend is payable on September 30, 2022 […]
WALNUT CREEK, Calif., July 19, 2022 (GLOBE NEWSWIRE) — Derivative Path, a leading provider of capital markets technology and derivatives services to regional and community banks, continues to grow its team by adding industry veteran Matthew Petrik as FX Head of Product. In this role, Petrik will oversee the vision and roadmap for Derivative Path’s […]
Integrating a broad set of operational and transactional data with analytics modeling positions financial institutions to maintain resiliency and grow BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, is enabling financial institutions to leverage data to gain forward-looking insights into business operations and manage governance and […]
Analyze portfolios of commercial and residential properties, as well as Asset-backed securities and corporate operations tied to those locations ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced the launch of the ICE ESG Geo-Analyzer, which leverages ICE’s geospatial data modelling to provide […]
New connectivity in RoadSync products enables drivers to pay with a cell phone number ATLANTA–(BUSINESS WIRE)–#digitalpayments—RoadSync, the leading digital financial platform for the supply chain, today announces the launch of its direct payment solution, which streamlines the transaction between the broker/carrier and the warehouse merchant while lessening the burden on the driver. The end-to-end solution […]
CyberLink’s FaceMe Fintech solution combines the latest ID authentication, facial recognition and liveness detection technologies, ensuring intuitive, accurate and secure identity validation to Good Finance’s online banking customers. TAIPEI, Taiwan–(BUSINESS WIRE)–#CyberLink–CyberLink Corp., a pioneer of AI and facial recognition technologies, has partnered with Good Finance to integrate its AI facial recognition engine, FaceMe into Good […]
NYSE Vice Chairman John Tuttle Will Serve as President of NYSE Institute Organization Will Work with U.S. and Global Policymakers, Generate Thought Leadership, and Support Free Enterprise around the Globe NEW YORK–(BUSINESS WIRE)–The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, announced […]
