Techwire


TransferMate Secures $70m Funding Round to Accelerate Innovation in B2B Cross-Border Payments and Expand Its Global Presence; Company Valued at $1BN

DUBLIN–(BUSINESS WIRE)–TransferMate, the world’s leading provider of B2B payments infrastructure as-a-service, today announced a $70M funding round bringing the company to a valuation of $1BN and $130M of total funding. Railpen, one of the largest UK pension funds, managing £37 billion, participated in the round. TransferMate has grown its global licensing infrastructure and banking network […]

Cambridge Savings Bank Helps Local Business Owner Drive Impressive Growth with Commercial Lending Solution

CSB provided a $2.4 Million commercial real estate lending and working capital line of credit financing solution to support the growth of Yankee Trader Seafood 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 Commercial Lending team provided a […]

Zindigi Brings Pakistan’s Largest Tech Event – Future Fest 2022

Zindigi is Pakistan’s best digital Banking App powered by JS Bank Featured Image for Zindigi Featured Image for Zindigi KARACHI, Pakistan, May 20, 2022 (GLOBE NEWSWIRE) — Zindigi – Pakistan’s first customizable digital banking experience powered by JS Bank – sponsored a three-day event in Islamabad from May 13-15. Zindigi Future Fest included four conferences […]

Inveniam Capital Partners and Rialto Markets Announce Partnership to Further Accelerate Adoption of Middle Market Corporate Capital Raises and Trading of Private Market Securities

MIAMI–(BUSINESS WIRE)–Inveniam Capital Partners (Inveniam), and Rialto Markets (Rialto) announced today that Inveniam has made a capital investment in Rialto Markets and will support the burgeoning market with connectivity into its private market data eco-system. Inveniam via Inveniam.io, is the operating system for private market data that drives price discovery and automated waterfall calculations. Rialto […]

Marble Launches First Rewards-Based Mobile App For Insurance

NEW YORK, May 20, 2022 (GLOBE NEWSWIRE) — Marble, the all-in-one insurance rewards platform where households can confidently organize, optimize, and save on all of their insurance, no matter who their provider is, announced the launch of their highly anticipated mobile app today. Marble’s app is now available for free download via the Apple App […]

QRails Simplifies Earned Wage Access Delivery with Its AnyDay Platform

 QRails’ AnyDay platform becomes one of the first SAP®-certified solutions for EWA, interoperating with SAP® SuccessFactors® solutions DENVER–(BUSINESS WIRE)–QRails, a global, vertically integrated provider of end-to-end earned wage access (EWA) and financial wellness solutions, announced today its EWA solution, AnyDay, has achieved SAP® certification as integrated with cloud solutions. QRails is one of the first […]

Identifee Partners With Nacha Consulting to Develop User-Friendly ACH Education Videos

Organizations partner to create short, on-demand video lessons. LOS ANGELES, May 20, 2022 (GLOBE NEWSWIRE) — Today, Identifee, the connected platform for financial services, announced a strategic collaboration with Nacha Consulting, Nacha’s payments advisory team, to develop new ACH-related educational content.  With this new relationship, Identifee will create a series of ACH-related video micro-lessons built […]

Auto fintech Caribou raises $115 million in Series C funding, valuing company at $1.1 billion

Funding round led by existing investor Goldman Sachs Asset Management WASHINGTON, May 20, 2022 (GLOBE NEWSWIRE) — Caribou, the auto fintech whose mission is to help people take control of their car payments, today announced it has closed $115 million in an oversubscribed Series C funding round, which brings the company’s valuation to $1.1 billion. […]

medZERO Continues to Sign up Innovative Companies Wanting to Offer Expanded Benefits to Attract and Retain Employees in Competitive Market

PORTLAND, Ore.–(BUSINESS WIRE)–#healthcare–In the race to retain employees in a competitive market, medZERO’s innovative app-based healthcare funding solution is an increasingly attractive add-on benefit for employers. “In this competitive job market, we want to do everything we can to attract and retain the best employees,” said Candace Atnip, Chief People Officer for Bamboo Sushi. “medZERO’s […]

Can I trust you? Online fraud boom leads US & UK consumers to doubt brands’ ability to protect their digital identities

Research from Onfido demonstrates the emotional cost of fraud is a breakdown of trust between consumers and brands NEW YORK & LONDON–(BUSINESS WIRE)–Onfido, the leading global digital identity verification and authentication provider, today announces the results of a study revealing the emotional impact of fraud on consumers and how this is fostering distrust of brands […]

Bectran Unveils Automated Lien Filing and Tracking Solution to Streamline Lien Management for the Construction Industry

CHICAGO–(BUSINESS WIRE)–#automation–Credit, Collections & Accounts Receivable Software leader Bectran, Inc. has released an integrated lien filing and monitoring solution designed to streamline the accounts receivables collateralization process. This solution automatically organizes and transmits contractor job information directly to lien service providers, eliminating the need for manual processing. A lien is a legal right to claim […]

Cambridge Savings Bank Helps Local Mother and Daughter Business Owners Drive Impressive Growth with Commercial Lending Solution

CSB provided a $2.4 Million commercial real estate lending and working capital line of credit financing solution to support the growth of Yankee Trader Seafood 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 Commercial Lending team provided a […]

Flueid Expands Platform to Fuel Home Equity Transactions

Company adds new vertical to existing refinance and purchase capabilities to enhance its solutions suite and support a rapidly emerging market Flueid also announces new features and product milestones to strengthen its platform AUSTIN, Texas–(BUSINESS WIRE)–Flueid, the leading real estate technology company using data and insights to fuel transactions from end-to-end, today announced the launch […]

PickleJar Honored as Gold Stevie Award Winner in 2022 American Business Awards

HOUSTON, TX, May 19, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — PickleJar, the live entertainment and payments platform bringing together communities on and off the stage, was named the 20th Annual American Business Awards® Gold Stevie® Award winner for Best App & Mobile Website. The award highlights the distinct features accessible to PickleJar Members to like, share and support […]

UPDATE – Esusu and Jonathan Rose Companies Partnership Leads to 95% of Residents Improving Their Credit Scores

New data shows access to rent reporting can provide financial stability and access to wealth building opportunities for renters HARLEM, N.Y., May 19, 2022 (GLOBE NEWSWIRE) — Esusu, the leading financial technology company advancing rent reporting and data solutions for credit building, announced today new data from the company’s two year partnership with Jonathan Rose […]

Lavu and Verifone Partner to Provide Unified Payments and Point of Sale Solutions to Restaurants

Cross-Distribution Partnership Will Enable Card Present, Card Not Present, Mobile, Peer-To-Peer, and Cryptocurrency Payments at Restaurants ALBUQUERQUE, N.M.–(BUSINESS WIRE)–#digitalpayments—Lavu, a major global restaurant software and payments solution provider built by restaurant people, and Verifone, a global FinTech leader and payment solution provider to the world’s best-known brands, today announce a new cross-distribution partnership that will […]

Ripple Commits $100M to Scale and Strengthen Global Carbon Markets, Addresses Quality and Transparency Using Blockchain and Crypto

Demand for carbon offsets expected to skyrocket to $550B by 2050 to meet Paris Climate Accord goals SAN FRANCISCO–(BUSINESS WIRE)–Ripple, the leader in enterprise blockchain and crypto solutions, today announced its commitment of $100 million to carbon markets. The funding will accelerate carbon removal activity and help modernize carbon markets through investments in innovative carbon […]

Introducing VettaFi: Solving Asset Managers’ Biggest Challenges, From Data and Insights to Indexing and Distribution

ETF Trends, ETF Database, Alerian, S-Network Global Indexes are all now part of VettaFi LOS ANGELES–(BUSINESS WIRE)–The asset management industry has a powerful new fintech partner as of today with the launch of VettaFi, the collective brand powered by the industry veterans, tech enthusiasts, and data scientists from ETF Trends, ETF Database, Alerian, and S-Network […]

UNCLE Credit Union Presents 2022 Board Election Results

UNCLE Credit Union Board of Directors Pictured from left to right: Lee Neely, Bob Corey, Neda Gray, Hugh Bussell, Robin Morris, Chung Bothwell, John Freeman, John Stein, Mila Shapovalov, Clay Smith, Peter Goldstein UNCLE Credit Union re-elected Chung Bothwell as board chairman for the 2022-2023 term. Chung Bothwell UNCLE Credit Union elected Neda Gray as […]

Coast Central Credit Union Selects Access Softek’s Access Digital to Create a Digital-First Banking Experience

BERKELEY, Calif.–(BUSINESS WIRE)–Coast Central Credit Union ($2.1 billion in assets) has selected Access Softek’s Access Digital, an omnichannel digital banking platform, for its comprehensive digital banking capabilities, tight integration with Corelation’s KeyStone core, real-time fraud protection, and conversational banking solutions to provide members with enhanced service across all digital channels. The credit union selected Access […]

Brace Unveils New Default Management Platform

Cloud-based solution drives real-time efficiency, bringing speed, insight and confidence to homeowners and Servicers LOS ANGELES–(BUSINESS WIRE)–Brace, the mortgage servicing infrastructure fintech, today launched its next generation Default Management Platform featuring an end-to-end solution for both consumers and Servicers. As homeowners continue to face significant risks and challenges to get timely responses from their mortgage […]

Novo Launches Boost for Faster E-Commerce Payments; Hires Kevin Phillips as EVP of Lending

Former Kabbage CFO to build out lending products that will help small businesses improve their cash flow MIAMI–(BUSINESS WIRE)–Novo, the powerfully simple financial platform for small businesses, today announced that the company has brought on Kevin Phillips, former CFO at small business lending company Kabbage, to launch and scale Novo’s lending business. Today, Novo is […]

Praxent Supports alooola in Launching Digital-First Financial Advisory Platform Geared Toward Millennials

Praxent helps established RIA with mobile app development, Plaid and DriveWealth integrations AUSTIN, Texas–(BUSINESS WIRE)–Praxent, a fintech design and engineering partner to financial companies, today announced that it has supported the launch of alooola, an education-based wealth management and investment advisory platform. Founded by Glen Eagle (RIA Glen Eagle Advisors/Broker-Dealer Glen Eagle Wealth), alooola was […]

Allegacy Federal Credit Union Partners with NCR and Google Cloud to Transition to a Data-Driven Organization

ATLANTA–(BUSINESS WIRE)–NCR Corporation (NYSE: NCR), a leading enterprise technology provider, today announced that North Carolina-based Allegacy Federal Credit Union (FCU) will leverage NCR and Google Cloud’s data warehousing and analytics solution. NCR will bring together a number of disparate data sources across Allegacy FCU’s enterprise to provide a dashboard with data visualization tools that will […]

Marqeta Adds Evolve Bank & Trust as Bank Partner to Expand Program Management Capabilities

With Evolve’s Unique Banking-as-a-Service Solutions, Marqeta Diversifies its Offering, Increasing Flexibility and Speed for Customers OAKLAND, Calif.–(BUSINESS WIRE)–Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced the addition of Evolve Bank & Trust as a new bank partner to offer additional solutions for customers that take advantage of Marqeta’s full program management capabilities. […]

Founded by Game Industry Vets, Azra Games Raises $15M in Seed Round Led by Andreessen Horowitz & NFX to Unlock the Power of web3 for Mainstream Games

First Title from Azra Games to Deliver the Ultimate Fantasy and Core Games Fun of Collectible & Combat Role Playing with web3 Real Value to Players SACRAMENTO, Calif.–(BUSINESS WIRE)–Azra Games, a blockchain games company dedicated to building best-in-class collectible and combat RPGs for the web3 era, has raised $15M in a seed round led by […]

Fred Loya Insurance Company Uses SCI 360’s 360 DEMAND Review App to Automate Claims Processing, Significantly Reducing Processing Times, and Reducing Exposure by $3.8M a Year

Featured Image for Fred Loya Insurance Featured Image for Fred Loya Insurance CINCINNATI, May 19, 2022 (GLOBE NEWSWIRE) — SCI 360’s 360 DEMAND Review Application is being used by Fred Loya Insurance, a Texas-based Auto Insurance Company and the 18th Largest Hispanic Top 500 Owned & Operated Company in the United States, transforming and automating […]

Passport Technology Surpasses 400 LiveCage Activations Across 17 States

LAS VEGAS, May 19, 2022 (GLOBE NEWSWIRE) — Passport Technology (“Passport”), a global leader in innovative payment technology and customer engagement for the gaming industry, continues to lead in providing cashier automation and efficiency through LiveCage™. Now in 65 gaming locations, the LiveCage platform is highly praised for dramatically improving labor efficiencies, reducing variances to […]

TDCX to Be Included in the MSCI Global Small Cap Index

SINGAPORE–(BUSINESS WIRE)–TDCX Inc. (“TDCX” or the “Company”) (NYSE: TDCX), an award-winning digital customer experience solutions provider for innovative technology and other blue-chip companies, today announced that it will be included in the MSCI Global Small Cap Index – Singapore Index. This will take effect after the close of the U.S. market on May 31, 2022. […]

Neon, Brazil’s Newest Unicorn, Drives Innovation to Reduce Financial Inequalities and Continues Momentum Toward Improving the Lives of the Working Class

Neon Poised to Take Full Advantage of the Massive Opportunity in Brazil – Fintech’s Hottest Market Pedro Conrade, Founder and CEO of Neon Pedro Conrade, Founder and CEO of Neon SÃO PAULO, Brazil, May 19, 2022 (GLOBE NEWSWIRE) — Neon, a fintech company and digital bank focused on improving the lives of working Brazilians, today […]

Esusu and Jonathan Rose Companies Partnership Leads to 95% of Residents Improving Their Credit Scores

New data shows access to rent reporting can provide financial stability and access to wealth building opportunities for renters HARLEM, N.Y., May 19, 2022 (GLOBE NEWSWIRE) — Esusu, the leading financial technology company advancing rent reporting and data solutions for credit building, announced today new data from the company’s two year partnership with Jonathan Rose […]

Dave & Buster’s Announces Expiration of HSR Waiting Period to Acquire Main Event

DALLAS, May 19, 2022 (GLOBE NEWSWIRE) — Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY), (the “Company”), announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, applicable to the Company’s pending acquisition of Main Event from owners Ardent Leisure Group and RedBird Capital Partners expired at 11:59 p.m. Eastern Time, on […]

stc pay Scales to 8 Million Accounts on Temenos Open Platform

Temenos open platform for composable banking enables the Middle East’s leading digital wallet to scale efficiently to meet the growing demand for mobile digital banking GENEVA–(BUSINESS WIRE)–Temenos (SIX: TEMN) today announced that stc pay, the Middle East’s leading digital wallet, is live on Temenos open platform for composable banking. Temenos’ cloud-native platform has supported stc […]

CommerceWest Bank Recognized in the Annual List of the Top 200 Publicly Traded Community Banks

IRVINE, Calif.–(BUSINESS WIRE)–CW Bancorp (OTCQX: CWBK), the parent company of CommerceWest Bank, was ranked #25 out of the 200 Banks in the annual published list by American Banker for The Top 200 Publicly Traded Community Banks. The list was led by companies with strong profitability metrics, minimal credit losses and ample levels of low-cost deposits. […]

POS Terminal Market is Expected to Surpass a Valuation of US$ 73.7 Bn by the End of 2022 | POS Terminal Analysis, Development, Revenue, Future Growth and Forecast

Companies Profiled in POS Terminal Market are Cisco Systems Inc, Emerge Mobile (Pty) Ltd., Equinox Payments LLC, Hewlett-Packard Development Company L.P., Ingenico S.A., iVeri Payment Technologies (Pty) Ltd, Micros Systems Inc., Miura Systems Ltd., NCE Corporation, NCR Corporation, Panasonic Corporation, PAX Technology Ltd., Samsung Electronics Co. Ltd., Toshiba Corporation, Vectron Systems, VeriFone Systems Inc., Wincor […]

Empuls by Xoxoday Now Available on Microsoft AppSource

SAN FRANCISCO–(BUSINESS WIRE)–#AppSource—Xoxoday, Make Everyday Rewarding, today announced the availability of Empuls on Microsoft AppSource, an online cloud marketplace providing tailored line-of-business solutions. Empuls, the all-in-one employee engagement platform, enables a holistic approach to employee engagement. Empuls helps leaders make data-driven informed decisions on employee engagement activities, identify areas of improvement, and build the desired […]

Crypto Industry Leaders Champion Free Multi-Chain Scam Reporting Tool, Chainabuse, to Empower Users Against Crypto Fraud

Community-driven platform powered by blockchain intelligence firm TRM Labs SAN FRANCISCO–(BUSINESS WIRE)–TRM Labs, the leader in blockchain intelligence solutions, along with crypto industry leaders including Circle, Solana Foundation, The Aave Companies, Hedera, Binance.US and Civic, have today announced the launch of a new community-powered scam reporting platform, Chainabuse, which empowers anyone in the crypto economy […]

Corvia Adds REPAY as Processing Partner

AUSTIN, Texas–(BUSINESS WIRE)–#ecommerce—Corvia, Inc., a fintech company focused on making the complex simple by complementing world-class technology with strong business and regulatory acumen, announced today it has added Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”), a leading provider of vertically-integrated payment solutions, as its newest payment processing partner. The relationship will provide additional fuel for Corvia’s […]

RJD Green Inc. (OTCPK: RJDG) Announced Their Subsidiary, IOSoft Inc., Procures Two Corporate Accounts for Usage of Their Software Platform, ioSoft Suites

TULSA, OK, May 18, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — RJD Green Inc. (OTCPK: RJDG) announced their subsidiary, IOSoft Inc., received two additional corporate agreements forusage of services from the ioSoft Suites software platform. IOSoft management stated, “These agreements will incorporate usage of ioSoft LinkUP communication software as well as the adjudication and accelerated payment systems of the ioSoft Suites platform.” ioSoft Suites: where […]

Audi Finance and Volkswagen Finance And Lexop Announce Partnership To Optimize Collections Using Contactless Technology

MONTREAL–(BUSINESS WIRE)–Audi Finance and Volkswagen Finance, the automotive captive finance company of the Audi, Ducati and Volkswagen brands in Canada and Lexop, a self-serve facilitation software that optimizes the repayment journey for Customers, have entered into a partnership to digitize their collections activities. Past-due Customers will receive automated emails that link to an intuitive self-serve […]