Techwire

Provenir Joins Visa Ready for BNPL Program to Support AI Risk Decisioning for Burgeoning Buy Now Pay Later Sector thumbnail

Provenir Joins Visa Ready for BNPL Program to Support AI Risk Decisioning for Burgeoning Buy Now Pay Later Sector

Providing universal access to data, simplified AI and sophisticated decisioning technology, Provenir continues to broaden its partnership with Visa PARSIPPANY, N.J.–(BUSINESS WIRE)–Provenir, a global leader in AI-powered risk decisioning software for the fintech industry, today announced it is part of the Visa Ready for BNPL program, providing lenders offering Buy Now Pay Later (BNPL) services […]

Counterpart Adds Additional A-Rated Carrier to Expand Management Liability Insurance to More Small Businesses thumbnail

Counterpart Adds Additional A-Rated Carrier to Expand Management Liability Insurance to More Small Businesses

Partnership with Aspen Insurance and Markel Insurance Company brings Counterpart’s innovative risk management products and services to a broader market LOS ANGELES–(BUSINESS WIRE)–Counterpart, the management liability insurtech, today announced the launch of their partnership with Aspen Insurance to bring Aspen’s management liability products to small businesses across a broader array of industries and geographies. Aspen […]

SECU To Deploy Scienaptic’s AI-Powered Credit Decisioning Platform thumbnail

SECU To Deploy Scienaptic’s AI-Powered Credit Decisioning Platform

Initial tests show potential for 19% more approvals, 22% reduced loss rate and 80% auto-decision rate NEW YORK–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider, Scienaptic AI announced that SECU (State Employees’ Credit Union of Maryland) is planning to implement its AI-powered credit decisioning platform. The deployment, scheduled for later this year, will enhance and […]

CryptoBucks Honored With 2022 ETA Transact Star Award thumbnail

CryptoBucks Honored With 2022 ETA Transact Star Award

Payment processing app recognized for Technology Innovation at TRANSACT ETA Transact Star Award ETA Transact Star Award LAS VEGAS, May 10, 2022 (GLOBE NEWSWIRE) — The CryptoBucks App received the 2022 ETA Star Award for Technology Innovation at TRANSACT, the Electronic Transfer Association’s annual conference and award ceremony, in Las Vegas on April 12. The […]

Discover Publishes 2021 Corporate Responsibility Report thumbnail

Discover Publishes 2021 Corporate Responsibility Report

RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover today published its 2021 Corporate Responsibility Report Building a Brighter Tomorrow, which shares actions the company undertook in fulfilling its mission to help people achieve brighter financial futures. From providing free financial education curriculum to thousands of classrooms across the country, operating responsibly, and protecting the environment to bringing new jobs and […]

DigniFi Welcomes Pagaya to Its Inclusive Financing Platform, Expanding Lending Services to Small Businesses

DigniFi Welcomes Pagaya to Its Inclusive Financing Platform, Expanding Lending Services to Small Businesses

Pagaya, a financial technology company working to reshape the financial ecosystem, is helping DigniFi offer over 6,000 small businesses and their customers increased access to on-the-spot financing. SEATTLE–(BUSINESS WIRE)–DigniFi, an inclusive financing platform whose credit branded products are issued by WebBank, announced that Pagaya has joined the platform as a credit analysis partner. By supplementing […]

Rillion Launches in United States as it Rebrands from Palette Software, a Leading Accounts Payable Automation Provider in the Nordics thumbnail

Rillion Launches in United States as it Rebrands from Palette Software, a Leading Accounts Payable Automation Provider in the Nordics

Rillion, formerly known as Palette Software, will bring its nearly 30 years of experience to the U.S. market to provide a cloud-based solution aimed at simplifying and automating invoice management and accounts payable processes CHICAGO, May 10, 2022 (GLOBE NEWSWIRE) — Global SaaS solutions provider Rillion announced today its launch in the United States. Formerly […]

Provident Hires Tara Brady as Customer Experience Director thumbnail

Provident Hires Tara Brady as Customer Experience Director

New position underscores Bank’s commitment to elevate the customer experience Tara Brady, First Vice President, Customer Experience Director Tara Brady, First Vice President, Customer Experience Director ISELIN, N.J., May 10, 2022 (GLOBE NEWSWIRE) — Provident Bank, a leading New Jersey-based financial institution, announced today that Tara Brady has joined the Bank as First Vice President, Customer […]

GBT Further Strengthening Its 3D, Multiplanar IC Architecture Patent via Its Continuation Application thumbnail

GBT Further Strengthening Its 3D, Multiplanar IC Architecture Patent via Its Continuation Application

Responding to USPTO office action, GBT aims to further focus on microchip’s wafer’s vertical and horizontal planes mounting concepts SAN DIEGO, May 10, 2022 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”), will be further broadening its 3D, multiplanar, integrated circuits design and manufacturing continuation patent application, responding to an United […]

Ebix Announces Q1 2022 Revenues of $286.3 Million with 7% Sequential Growth and Diluted EPS of $0.62 with 24% Sequential Growth thumbnail

Ebix Announces Q1 2022 Revenues of $286.3 Million with 7% Sequential Growth and Diluted EPS of $0.62 with 24% Sequential Growth

JOHNS CREEK, Ga., May 10, 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 the following results for the quarter ended March 31, 2022: Revenues of $286.3 million GAAP operating income of $30.1 million […]

Nuvei Announces First Quarter 2022 Results thumbnail

Nuvei Announces First Quarter 2022 Results

Reaffirms Financial Outlook for 2022 Nuvei reports in U.S. dollars and in accordance with International Financial Reporting Standards (“IFRS”) MONTREAL, May 10, 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 March 31, 2022. “We had a strong […]

Italian Digital Bank Achieves Record Growth with Temenos Banking Cloud thumbnail

Italian Digital Bank Achieves Record Growth with Temenos Banking Cloud

Flowe, the environmentally-friendly Italian challenger bank, reaches 700,000 accounts GENEVA–(BUSINESS WIRE)–Temenos (SIX: TEMN), the cloud banking platform, announced that Flowe, the digital bank of Banco Mediolanum, has reached a major milestone with 700,000 accounts in its first 18 months since its launch. With Temenos open platform for composable banking, Flowe is growing twice as fast […]

Biz2Credit Small Business Lending Index™ Reports Approval Rates Inched Upward in April 2022 thumbnail

Biz2Credit Small Business Lending Index™ Reports Approval Rates Inched Upward in April 2022

NEW YORK, May 10, 2022 (GLOBE NEWSWIRE) — Small business loan approval percentages at big banks ($10m + in assets) rose from 14.9% in March to 15.1% in April, and small banks’ approvals also increased from 20.6% in March to 20.8% this past month, according to the Biz2Credit Small Business Lending Index™ released today. Among […]

Entersekt partners with Capitec Bank to Boost Security and Reduce Friction for E-Commerce Transactions thumbnail

Entersekt partners with Capitec Bank to Boost Security and Reduce Friction for E-Commerce Transactions

Entersekt integrates NuData Security’s behavioral analytics intelligence into its EMV 3-D Secure solution to provide Capitec customers with real-time risk-based authentication for online purchases CAPE TOWN, South Africa–(BUSINESS WIRE)–#3DSecure—Entersekt, a global leader in device identity and authentication solutions, today announced that Capitec Bank has implemented its innovative EMV 3-D Secure solution that boosts the security […]

CryptoConcerts Inc. Creates Crypto-Ready Event Ticket & NTFs thumbnail

CryptoConcerts Inc. Creates Crypto-Ready Event Ticket & NTFs

Launching later this year, the new Profitable Developments Inc. subsidiary will provide ticketing services for XR and IRL events of all kinds, allowing for crypto payments, NFT integrations and 360 streaming; Roadmap includes an IEO, a DAO and simultaneous in-person/metaverse event streaming solutions Los Angeles, CA, May 10, 2022 (GLOBE NEWSWIRE) — Profitable Developments Inc. […]

Kestra Financial Launches Retirement Plan Enterprise in Partnership With Envestnet Retirement Solutions thumbnail

Kestra Financial Launches Retirement Plan Enterprise in Partnership With Envestnet Retirement Solutions

Integrated, flexible platform designed to enhance and advance retirement plan engagements at no additional cost to financial professionals AUSTIN, Texas–(BUSINESS WIRE)–Industry leading wealth management platform, Kestra Financial, today announced the launch of Retirement Plan Enterprise (RPE) in partnership with Envestnet Retirement Solutions. Designed to elevate retirement plan solutions, RPE provides a comprehensive retirement plan practice […]

ICE Launches its First Nature-Based Solutions Carbon Credit Futures Contract thumbnail

ICE Launches its First Nature-Based Solutions Carbon Credit Futures Contract

LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that it has launched a Nature-Based Solutions carbon credit futures contract (“NBS future”). The NBS future, which trades under the contract code NBT, physically delivers Verified Carbon Unit (VCU) credits certified under Verra’s Verified Carbon Standard (VCS) Agriculture, […]

Levo Credit Union Deploys Scienaptic’s AI-Powered Credit Decision Platform To Enhance Loan Approvals thumbnail

Levo Credit Union Deploys Scienaptic’s AI-Powered Credit Decision Platform To Enhance Loan Approvals

Early results indicate potential for 42% more auto-approvals for auto loans and 45% more auto-approvals for unsecured loans NEW YORK–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider Scienaptic AI announced today that Levo Credit Union, a 30,000 member strong credit union serving the South Dakota region, is live on its platform. Scienaptic’s platform will allow […]

FirstBank Maintains Robust Growth at the Start of 2022 thumbnail

FirstBank Maintains Robust Growth at the Start of 2022

Bank Continues to Support Down Payment Assistance Program and Contributes $250,000 to the Boulder County Wildfire Fund LAKEWOOD, Colo., May 09, 2022 (GLOBE NEWSWIRE) — FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” announced its 2022 first quarter summary on the company’s holdings and activities. The bank […]

IQST – iQSTEL Announces Acquisition of US Based Whisl Telecom Adding Estimated $5.6 Million In Annual Revenue thumbnail

IQST – iQSTEL Announces Acquisition of US Based Whisl Telecom Adding Estimated $5.6 Million In Annual Revenue

New York, NY, May 09, 2022 (GLOBE NEWSWIRE) — iQSTEL, Inc. (OTCQX: IQST) today announced the acquisition of Whisl Telecom (www.whisl.com), a U.S. based telecommunications operator located in Houston, Texas.  Whisl provides Voice/SMS services to U.S. corporate customers and operators and expects to generate $5.6 million in revenue over the next 12 months with a […]

BitNile Holdings Reports Preliminary Q1 2022 Financial Results Including Revenue of Approximately $32 Million, up 142% From the Prior First Fiscal Quarter thumbnail

BitNile Holdings Reports Preliminary Q1 2022 Financial Results Including Revenue of Approximately $32 Million, up 142% From the Prior First Fiscal Quarter

LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”) today reported preliminary financial results for its first quarter ended March 31, 2022. Three months ended March 31, 2022 highlights include: Revenue of approximately $32 million, an increase of 142%, from $13.2 million in the prior first fiscal […]

Bibox Partners with Nuvei To Enable Easier Access to Cryptocurrencies thumbnail

Bibox Partners with Nuvei To Enable Easier Access to Cryptocurrencies

Industry-leading AI digital asset trading platform Bibox has integrated Nuvei’s Simplex solution to streamline access to 145+ cryptocurrencies Montreal, May 09, 2022 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), tomorrow’s payment platform, announces today its partnership with Bibox, the world’s first AI-driven digital asset trading platform. The collaboration will provide […]

Payment as a Service Market Size Worth USD 22156.8 Million by 2028 | Payment as a Service Industry Expected CAGR 8.1% | Vantage Market Research thumbnail

Payment as a Service Market Size Worth USD 22156.8 Million by 2028 | Payment as a Service Industry Expected CAGR 8.1% | Vantage Market Research

WASHINGTON, May 09, 2022 (GLOBE NEWSWIRE) — Vantage Market Research’s recent analysis of the Global Payment as a Service Market finds that rising regulatory initiatives to promote payment solutions as well as optimized customer/merchant experience with quick and secure payment, are factors that influencing the growth of Payment as a Service Market. The total Global […]

Roth to Host Canada Showcase Day on May 17 in New York City thumbnail

Roth to Host Canada Showcase Day on May 17 in New York City

Event to feature company presentations and one-on-one meetings between institutional investors and senior management from select Canadian companies across the Technology & Media, Consumer, Healthcare, AgTech and Sustainability sectors NEWPORT BEACH, Calif., May 09, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Roth Capital Partners, LLC (“Roth”) www.roth.com and Roth Canada, Inc. (“Roth Canada”), announce that they […]

Otonomo to Showcase Its Next-Generation Mobility Intelligence Solutions at EcoMotion Week 2022 thumbnail

Otonomo to Showcase Its Next-Generation Mobility Intelligence Solutions at EcoMotion Week 2022

HERZLIYA, Israel and SAN FRANCISCO, Calif., May 09, 2022 (GLOBE NEWSWIRE) — Otonomo Technologies Ltd. (Nasdaq: OTMO), the platform powering the mobility economy, will exhibit its next-generation mobility intelligence solutions at EcoMotion Week at Booth #401 EcoMotion Highway in Tel Aviv, Israel on May 11, 2022. As a Bronze sponsor of the event, Otonomo will […]

ORIGENCE DELIVERS RECORD NUMBER OF CREDIT UNION LOANS IN FIRST QUARTER OF 2022 thumbnail

ORIGENCE DELIVERS RECORD NUMBER OF CREDIT UNION LOANS IN FIRST QUARTER OF 2022

Credit Unions on the CUDL Auto Lending Network Remain Nation’s Top Auto Lender Irvine, California, May 09, 2022 (GLOBE NEWSWIRE) — Origence, a CU Direct brand, today announced that it had delivered a record amount in credit union loans through its lending platforms in the first quarter of 2022. Credit unions funded a record 403,258 […]

$1,359.5 Mn Growth of Mobile Banking Market with CAGR of 11.9% | Increasing Personalization of Products and Services | Mobile Banking Report Growth, Trends, Usage by Country by Vantage Market Research thumbnail

$1,359.5 Mn Growth of Mobile Banking Market with CAGR of 11.9% | Increasing Personalization of Products and Services | Mobile Banking Report Growth, Trends, Usage by Country by Vantage Market Research

WASHINGTON, May 09, 2022 (GLOBE NEWSWIRE) — Vantage Market Research’s recent analysis of the Global Mobile Banking Market finds that the rising number of unique mobile users is expediting market growth. Primarily driven by rising technological advancements, the total Global Mobile Banking Market is estimated to reach USD 1,359.5 Million by the year 2028. The […]

Insights on the $332.5 Bn Fintech Market is Expected to Grow at a CAGR of over 19.8% During 2022-2028 | Vantage Market Research thumbnail

Insights on the $332.5 Bn Fintech Market is Expected to Grow at a CAGR of over 19.8% During 2022-2028 | Vantage Market Research

WASHINGTON, May 09, 2022 (GLOBE NEWSWIRE) — Financial technology is one of the most widespread terms used for research in finance industry in present time. Financial Technology (FinTech) is the use of modern innovative technology in the field of finance. It is basically used for innovative and disruptive technology for providing the financial services. Fintech […]

Fidelity Bank Announces Retirement of Richard J. Lettieri thumbnail

Fidelity Bank Announces Retirement of Richard J. Lettieri

DUNMORE, Pa., May 06, 2022 (GLOBE NEWSWIRE) — Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) (“Fidelity”), the parent bank holding company of The Fidelity Deposit and Discount Bank (“Fidelity Bank”), a Pennsylvania state-chartered, FDIC-insured community bank and trust company headquartered in Dunmore, PA, announces the retirement of Richard J. Lettieri, Director, effective May 3, […]

Despegar to Acquire 100% of Viajanet, an Online Travel Agency in Brazil thumbnail

Despegar to Acquire 100% of Viajanet, an Online Travel Agency in Brazil

BRITISH VIRGIN ISLANDS–(BUSINESS WIRE)–Despegar.com, Corp. (NYSE: DESP) (“Despegar”), the leading online travel company in Latin America, today announced that it has agreed to acquire TVLX Viagens e Turismo S.A (“Viajanet”), one of the leading online travel agencies in Brazil, for a total consideration of approximately US$15 million and subject to customary closing conditions. Under the […]

WNS Recognized as a ‘Leader’ Across P&C Market Segments by NelsonHall thumbnail

WNS Recognized as a ‘Leader’ Across P&C Market Segments by NelsonHall

NEW YORK & MUMBAI, India–(BUSINESS WIRE)–#AdvancedAnalytics–WNS (Holdings) Limited (NYSE: WNS), a leading provider of global Business Process Management (BPM) solutions, today announced that it has been recognized as a ‘Leader’ by NelsonHall in all three market segments of Property & Casualty (P&C) Operations Transformation, including Claims Administration Capability, Customer/Distribution Service Administration Capability, and New Business […]

CEA International LLP Advises GMEX Group on its Investment Round Led by Burkhan’s Tempus Network thumbnail

CEA International LLP Advises GMEX Group on its Investment Round Led by Burkhan’s Tempus Network

TAMPA, Fla. & LONDON–(BUSINESS WIRE)–#equityraise—CEA International LLP (“CEAI”) acting as advisor to GMEX Group Limited (“GMEX”) in its equity financing round, announced today that lead investor terms have been secured for an undisclosed amount. The deal is expected to close during June 2022 subject to necessary approvals with participation from other strategic and institutional investors […]

ING posts 1Q2022 net result of €429 million and strong pre-provision profit thumbnail

ING posts 1Q2022 net result of €429 million and strong pre-provision profit

  ING posts 1Q2022 net result of €429 million and strong pre-provision profit   1Q2022 profit before tax of €668 million; CET1 ratio remains robust at 14.9% • Income strong with robust net interest income and continued increase in fee income • Operating expenses under control, lower than a year ago and sequentially • Retail […]

Coinfirm Releases Smart Contract AML Oracle For DeFi Compliance thumbnail

Coinfirm Releases Smart Contract AML Oracle For DeFi Compliance

LONDON–(BUSINESS WIRE)–#aml–Coinfirm is announcing the release of the AML Oracle, the smart contract-based AML compliance solution for the DeFi scene. Because DeFi protocols run on-chain smart contracts – meaning that any compliance layer needs the same format of technology required to interact with a DeFi provider through client smart contracts – a specially-tailored AML solution […]

Insurers Seek Tech Support to Compete in Changing Market thumbnail

Insurers Seek Tech Support to Compete in Changing Market

ISG Provider Lens™ report finds insurers embracing different technologies and provider relationships based on their maturity and primary objectives STAMFORD, Conn.–(BUSINESS WIRE)–$III #AI–Insurance carriers increasingly are turning to outside providers for platforms and services to help them grow and compete in a rapidly changing industry, according to a new research report published today by Information […]

EMTECH and HaitiPay Unveil The First CBDC Proof Of Concept for the Haitian Market, Leveraging Distributed Ledger Technology, APIs and Fintech Services to Reimagine the Country’s Payment Rails thumbnail

EMTECH and HaitiPay Unveil The First CBDC Proof Of Concept for the Haitian Market, Leveraging Distributed Ledger Technology, APIs and Fintech Services to Reimagine the Country’s Payment Rails

WASHINGTON & PORT AU PRINCE, Haiti–(BUSINESS WIRE)–EMTECH, a Central Bank Digital Currency (CBDC) Infrastructure provider based in the U.S. joined forces with HaitiPay, a fintech company in Haiti, to demo its first CBDC + Fintech Proof Of Concept and showcase the impact it can have on the Haitian economy. Both companies, led by Haitian women, […]

Association of Independent Mortgage Experts Expands 2022 Sponsorships thumbnail

Association of Independent Mortgage Experts Expands 2022 Sponsorships

AIME expands key sponsorships with newly signed partnerships PHILADELPHIA–(BUSINESS WIRE)–#BrokersAreBetter–The Association of Independent Mortgage Experts (AIME) announced an update to its 2022 sponsors, including JMAC Lending, PowerTPO, and The Loan Store, totaling 26 wholesale industry partners committed to growing the broker channel. In an effort to continuously provide optionality to wholesale mortgage professionals, AIME has […]

MercadoLibre, Inc. Reports First Quarter 2022 Financial Results thumbnail

MercadoLibre, Inc. Reports First Quarter 2022 Financial Results

MONTEVIDEO, Uruguay, May 05, 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 March 31, 2022, in a letter to shareholders, which is now posted to the Investor Relations section of MercadoLibre’s website. As previously announced, the Company will host an […]

Advisor Group Selects CAIS for Alternative Investment Access and Education thumbnail

Advisor Group Selects CAIS for Alternative Investment Access and Education

Customizable platform solution meets unique needs of the Nation’s Largest Network of Independent Wealth Management Firms NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform for independent financial advisors, today announced its selection by Advisor Group to provide a platform solution for improved alternative investment access, education and transaction workflow. Advisor Group is the nation’s largest […]

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