Techwire


Flyp Selects Galileo to Power Its Gamified Mobile Banking Platform

The Banking-as-a-Service application will leverage Galileo’s flexible API-enabled platform to offer a new, powerful way to bank SALT LAKE CITY–(BUSINESS WIRE)–Galileo Financial Technologies, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI), today announced that its API-enabled financial technology powers Flyp. Flyp is a banking app and digital wallet, […]

Service Lloyds Enhances Workers’ Compensation Underwriting with Gradient AI

Allows Underwriters to Better Predict Risk, Improve Pricing Accuracy, Supports Company Expansion Plans BOSTON–(BUSINESS WIRE)–#AI—Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry announced today that Service Lloyds Insurance Company has adopted its solution to better predict risk and improve the pricing accuracy of workers’ compensation policies. Specializing […]

Q2 Achieves Record Fintech Adoption by Financial Institutions

Quadrupled fintech integrations on the Q2 platform to 80+ solutions through the Q2 Innovation Studio, and 280 licenses signed by financial institutions AUSTIN, Texas–(BUSINESS WIRE)–Q2 (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today provided an update on the rapid expansion of its fintech partner ecosystem since launching the Q2 Innovation […]

CAIS Receives Strategic Investment from Hamilton Lane

Latest capital infusion underscores heightened demand for alternative investments access amid growing economic uncertainty NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform, today announced a strategic investment from Hamilton Lane (NASDAQ: HLNE), a leading private markets investment management firm with more than $901 billion in assets under management and supervision. Hamilton Lane is the latest […]

Tenet Launches New Electric Vehicle Financing Platform

Company Also Announces $18 Million Seed Round That Will Accelerate The Adoption of Sustainable Home Upgrades NEW YORK–(BUSINESS WIRE)–Tenet today unveiled a new financial solution that lowers the cost of ownership for EVs and ushers in a new era that puts carbon-free emissions within reach for almost every new car owner and buyer. Launching with […]

Ubiquity Retirement + Savings® Adds 3(16) Administrative Fiduciary Services to Select 401(k) Products

Innovative services offer plan sponsors comprehensive compliance and back office administrative support SAN FRANCISCO–(BUSINESS WIRE)–Furthering their commitment to providing retirement savings solutions for all, Ubiquity Retirement + Savings® (Ubiquity), a financial technology pioneer in flat-fee small business retirement plans, today announces the addition of 3(16) administrative fiduciary services to its 401(k) product Reserve(k)®, with plans […]

Mercury® Financial Demonstrates Leadership in Financial Inclusion, Surpassing $2.0 Billion of Near Prime Credit Card Balances

Disciplined, data driven approach results in high credit quality portfolio WILMINGTON, Del.–(BUSINESS WIRE)–Mercury® Financial, LLC, a financial inclusion technology leader exclusively serving the near-prime market with credit cards, announced today that it has achieved another milestone, with customer loans topping $2.0 billion. The company’s advanced technology, experienced credit card team and disciplined approach enables Mercury® […]

Ushur Expands Experience Automation Portfolio with Launch of Invisible Portal™ for Insurance, Healthcare and Financial Services

No-code platform enables citizen developers to launch customized and secure information exchange portals for retirement, claims and benefit administration SANTA CLARA, Calif., June 28, 2022 (GLOBE NEWSWIRE) — Ushur, the leader in AI-powered Customer Experience Automation™ (CXA), today announced Invisible Portal™ providing non-technical citizen developers a workflow-driven environment to visually build secure, encrypted portal-like experiences […]

Advisor360° Introduces New Beneficiaries Capability for Insurance Policies

Financial advisors can see and report beneficiaries consolidated across investment and insurance products for a more connected digital wealth experience WESTON, Mass.–(BUSINESS WIRE)–#Data—Advisor360°, a Software as a Service (SaaS) provider of integrated technology for the wealth management industry, today announced a significant cross-product enhancement to its existing Beneficiaries capability. Financial advisors are now able to […]

Vergent LMS Empowers Data-Driven Decisions with CRS Partnership

RIDGELAND, Miss.–(BUSINESS WIRE)–Vergent LMS, a premier fintech lending platform, announced that it is partnering with CRS, the single platform for all credit, fraud, and compliance needs, to simplify compliance, unlock more data, and boost data-driven decisions for Vergent customers. CRS joins 25 years of credit industry expertise with modern technology to power smart, scalable lending. […]

Cogent Bank Launches Real-Time, Blockchain-Based Payments Through TassatPay®

NEW YORK–(BUSINESS WIRE)–#KevinGreene—Tassat® Group Inc., the leading provider of private blockchain-based, B2B real-time payments and financial services solutions to banks, today announced that Orlando, Florida-headquartered Cogent Bank has launched a fully-integrated digital banking platform powered by Tassat. The private permissioned blockchain-based payments platform, now available to Cogent Bank’s business-to-business (B2B) clients, is the latest adoption […]

Cloud Security Alliance, Cyber Risk Institute Partner to Create Cloud Controls Matrix (CCM) Addendum for the Financial Sector

Strategic collaboration addresses sector-specific requirements within CCM framework SEATTLE–(BUSINESS WIRE)–#cloud–The Cloud Security Alliance (CSA), the world’s leading organization dedicated to defining standards, certifications, and best practices to help ensure a secure cloud computing environment, today announced that it has partnered with the Cyber Risk Institute (CRI), a non-profit coalition of financial institutions and trade associations, […]

Conversion Capital Launches $122 Million Fund III to Invest in Early-Stage Fintech and Infrastructure Startups

Fund focuses on software, cloud infrastructure, and data technologies that will bring increased efficiency and scale to highly regulated and complex industries NEW YORK–(BUSINESS WIRE)–Conversion Capital, an early-stage venture firm, today announced the closing of its oversubscribed and largest fund to date: a $122 million Fund III backed by leading institutions, family offices, and over […]

Sionic Enters Multi-Year Agreement With Google Cloud To Host ULink™ Commerce Services Platform

Companies to Build on Successes in the Secured Payments and FinTech Channels ATLANTA–(BUSINESS WIRE)–#Bank2Bankpayments—Sionic, a leading provider of omni-commerce, consumer-to-business payments solutions, today announced it has selected Google Cloud as the exclusive provider of cloud services for the nationwide rollout of its real-time, bank-to-bank digital payment service, enabling instant cash deposits from customers to merchants’ […]

StellarFi Announces Public Launch, Empowering Over 100 Million Americans to Build Credit Simply by Paying Bills

 StellarFi is the first and only product that reports all bill payments directly to Experian, TransUnion and Equifax The more than 40,000 who had been on the waitlist now may build credit quickly through StellarFi’s system of building a positive-payment history The company is a public benefit corporation with a focus on supplying accessible financial […]

North American Bancard honored with API Award

The Strawhecker Group’s 2022 Best of Breed API Report recognizes ‘exceptional’ payment gateways Troy, Michigan, June 28, 2022 (GLOBE NEWSWIRE) — North American Bancard, LLC, (NAB) a U.S.-based leader in electronic payment solutions, is pleased to announce that it has been honored by The Strawhecker Group (TSG) in its 2022 “Best of Breed” API Awards.  […]

Passport Technology Launches New Loyalty & Rewards Platform at Cahuilla Casino Hotel

Featured Image for Passport Technology Featured Image for Passport Technology LAS VEGAS, June 28, 2022 (GLOBE NEWSWIRE) — Passport Technology (“Passport”), a global leader in innovative payment technology and customer engagement for the gaming industry, today announced the launch of Passport’s Lush™ loyalty and rewards platform, and Mira™ player enrollment kiosks, at Cahuilla Casino Hotel […]

iQSTEL Announces MOU with BASF To Field Test IoT Labs IoTSmartTank Technology

New York, NY, June 28, 2022 (GLOBE NEWSWIRE) — iQSTEL, Inc. (OTCQX: IQST) today announced the company, with its subsidiary, IoT Labs LLC, has entered into a memorandum of understanding (MOU) with BASF Corporation to field test IoT Labs award winning IoTSmartTank technology. The non-binding MOU memorializes a new agreement to move forward with field […]

OneConnect Announces Proposed Dual Primary Listing on The Stock Exchange of Hong Kong Limited

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 the proposed dual primary listing of its ordinary shares, par value US$0.00001 per share (the “Shares”) by way of introduction on the Main Board of The Stock Exchange of Hong Kong […]

Velexa Launches Embedded Investing as a Service Platform

Financial and non-financial institutions will now have access to flexible and scalable technology to help customers invest and grow their wealth. Featured Image for Velexa Featured Image for Velexa LONDON, England, June 28, 2022 (GLOBE NEWSWIRE) — Velexa, a recently launched WealthTech, today announced the launch of their Investing Platform as a Service with embedded […]

Worldwide Banking Encryption Software Market to Grow Substantially at 12.5% CAGR from 2022 to 2028 – Report by Vantage Market Research

WASHINGTON, June 28, 2022 (GLOBE NEWSWIRE) — Vantage Market Research’s recent analysis of the Global Banking Encryption Software Market finds that growing use of digital payment technology, rising cyber-attacks around the world, and increasing demand for data security technology among banks & financial institutions are influencing the growth of the Banking Encryption Software Market in […]

Porch Group’s Homeowners of America Launches Insurance Services in Oklahoma

Homeowners Insurance Offerings Now Available in 18 States SEATTLE, June 28, 2022 (GLOBE NEWSWIRE) — Porch Group’s (Nasdaq: PRCH) (“Porch Group”) Homeowners of America (HOA), a property and casualty insurance provider, announced the continued momentum of its national expansion with the introduction of service in Oklahoma. Porch Group, a leading vertical software company reinventing the […]

National Survey Finds 83% of Consumers are Cutting Back on Personal Spending, Travel Due to Inflation  

Findings show that Americans are spending hundreds of dollars more per month on gasoline and groceries Inflation Word Cloud When survey respondents were asked which price increases on regularly purchased products or services have hurt consumers the most, gasoline, groceries, and clothing were among the most frequently mentioned items. ISELIN, N.J., June 28, 2022 (GLOBE […]

Resolve Expands Leadership Team to Fuel Growth and Meet Rising Demand of B2B Customers

B2B payments innovator adds former Amazon and Podsight executives as part of expanded team leading risk, people, and sales operations SAN FRANCISCO, June 28, 2022 (GLOBE NEWSWIRE) — Resolve, the B2B payments solution offering net-terms-as-a service, today announced key new hires to accelerate growth and meet the escalating demand for its embedded payments and accounts […]

Aite-Novarica Group Announces Winners of the 2022 Insurance Technology Impact Awards

Boston, MA, June 28, 2022 (GLOBE NEWSWIRE) — Aite-Novarica Group is pleased to announce the winners of the 2022 Insurance Technology Impact Awards. Now in its eleventh year, the Insurance Technology Impact Awards program recognizes insurer IT initiatives and projects that have generated real business impact for their organizations. More than 60 technology projects were submitted […]

Worldwide Accountable Care Solutions Market to Grow Substantially at 16.3% CAGR from 2022 to 2028 – Report by Vantage Market Research

WASHINGTON, June 28, 2022 (GLOBE NEWSWIRE) — Vantage Market Research’s recent analysis of the Global Accountable Care Solutions Market finds that factors such as a growing need to curtail healthcare costs, government initiatives to promote patient-centric care facilities, increasing incidences of chronic diseases, rising number of accountable care organizations, increasing advancement in big data capabilities […]

(CORRECTION) Majic Wheels Corp. Appoints Chairman & Chief Strategy Officer

The fintech and blockchain-centered enterprise is proud to expand its highly experienced and dynamic roster through its recent add-on HOUSTON, TEXAS, June 28, 2022 (GLOBE NEWSWIRE) — Majic Wheels Corp. (OTC: MJWL), a Wyoming-based holding company priming itself as a mainstay in the disruptive tech space through strategic mergers and acquisitions, is pleased to announce […]

Hackensack Meridian Health Innovates Patient Billing and Payments with TD Bank and Nordis Technologies

CHERRY HILL, N.J. & CORAL SPRINGS, Fla.–(BUSINESS WIRE)–#CCM—TD Bank and Nordis Technologies have collaborated to deliver a fully integrated patient billing and payments solution for Hackensack Meridian Health, New Jersey’s largest and most comprehensive health system. The seamless system has digitally transformed key revenue cycle operations for greater efficiency, automation and agility while improving patient […]

Cerby Launches With World’s First Security Platform for Unmanageable Applications

Innovative architecture mitigates risk by empowering employees to register their own applications, allowing organizations to detect and automatically correct security lapses Shadow IT spending—applications acquired and used by business professionals with company funds but without IT authorization—now represents more than 40% of enterprise IT outlays 86% of cloud-based services in the average enterprise now represent […]

Sabey Data Centers Commits to Net-Zero Carbon Emissions by 2029

Accelerating its science-based target set previously for both direct and indirect emissions AUSTIN, Texas–(BUSINESS WIRE)–#Environment—Sabey Data Centers, a premier colocation data center provider, today announced its commitment to reach net-zero carbon emissions by or before 2029 across its Scope 1 and Scope 2 emissions. The Science-Based Target Initiative (SBTi), a global body that aligns enterprise […]

Financial Data Exchange (FDX) Reports 32 Million Consumer Accounts on FDX API to Power Open Banking and Open Finance

Implementation of interoperable and market-led financial data sharing API standard continues to grow in the US and Canada. RESTON, Va.–(BUSINESS WIRE)–The Financial Data Exchange (FDX) today reports that 32 million consumer accounts are now using its FDX API for open finance data sharing. Since FDX’s last report in January 2022, nearly one million additional consumer […]

Layer Three Ventures Announces $30M Web3 Crypto Fund and Accelerator

Layer Three Ventures, a sustainable and ethical web3 investment fund and accelerator launched this month targeting $30M for its first fund. This new “Web3” venture fund takes a customized approach to sourcing, supporting, launching, and funding the next generation of successful Web3 startups. Founder, Taylor Ryan Founder, Taylor Ryan SAN FRANCISCO, June 27, 2022 (GLOBE […]

Majic Wheels Corp. Appoints Chairman & Chief Strategy Officer

The fintech and blockchain-centered enterprise is proud to expand its highly experienced and dynamic roster through its recent add-on HOUSTON, TEXAS, June 27, 2022 (GLOBE NEWSWIRE) — Majic Wheels Corp. (OTC: MJWL), a Wyoming-based holding company priming itself as a mainstay in the disruptive tech space through strategic mergers and acquisitions, is pleased to announce […]

Greystone Appoints Hafize Gaye Erkan as CEO

Gaye Erkan Gaye Erkan appointed CEO of Greystone Founder and CEO Steve Rosenberg to continue to serve as the Executive Chair Further expansion of core commercial, multifamily real estate lending and capital markets business to come alongside entrance into new financial service sectors NEW YORK, June 27, 2022 (GLOBE NEWSWIRE) — Greystone, a leading national […]

OTT Pay Brings Advanced FinTech Solutions to Canadian Campuses

TORONTO, June 27, 2022 (GLOBE NEWSWIRE) — International students at the University of Toronto can now make purchases in campus bookstores with greater ease by paying in foreign currency. The University of Toronto (UofT) Bookstore and leading payment service provider OTT Pay, today, announced the launch of online payment options for students to pay in […]

GBT Tokenize Corp. Completed Phase One of its Intelligent Soccer Games Analytics and Score Prediction Platform

SAN DIEGO, June 27, 2022 (GLOBE NEWSWIRE) — GBT Tokenize Corp. (“GTC”), a joint venture that is 50% owned by GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”), completed phase one of its intelligent soccer analytics platform. The Company targets AI practical applications evaluations in various domains through its subsidiary companies and joint ventures. […]

nCino Hires Chief People Officer to Lead Company’s Strategic People Functions Through Next Phase of Global Growth and Maturation

WILMINGTON, N.C., June 27, 2022 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Chris Ainsworth has joined the Company as its first Chief People Officer, serving as a member of the nCino Executive Leadership Team. “At nCino, one of […]

Citi, J.P. Morgan and AccessFintech Achieve Operational Efficiencies Through Data and Workflow Collaboration

30% reduction in trade fails over 12 months and 76% reduction in email traffic for operational processes for trades between the two dealers Collaboration with AccessFintech delivering superior client service, transforming operational processes and risk management LONDON & NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–#BePartOfTheNetwork—AccessFintech, a leading fintech company evolving the financial operating model through […]