Techwire

Alacriti Announces Fast Push-to-Card Payouts Enabled by Visa Direct thumbnail

Alacriti Announces Fast Push-to-Card Payouts Enabled by Visa Direct

Orbipay Push-to-Card enables businesses and financial institutions to deliver secure funds disbursements directly to a recipient’s debit card, in real-time PISCATAWAY, N.J.–(BUSINESS WIRE)–#digitalpayouts—Alacriti, a fintech company specializing in payments and money movement, today announced its new, fast push-to-card solution that enables businesses to disburse funds directly to their eligible debit cards—in real time—enabled by Visa […]

Snappy Kraken Recognizes Best Industry Marketing Work with Jolt! Awards thumbnail

Snappy Kraken Recognizes Best Industry Marketing Work with Jolt! Awards

Delivered at the firm’s inaugural Jolt! conference, the awards recognize the best marketing and branding campaigns among financial advisers and fintech companies LAS VEGAS–(BUSINESS WIRE)–#AdvisorMarketing—Snappy Kraken, the MarTech innovator serving financial services professionals, today announced the recipients of its Jolt! awards, which recognized 10 of the best marketing campaigns, branding or other public relations initiatives […]

Cambridge Savings Bank Provides Modera Wealth Management with $26 Million Financing Package to Power M&A Growth, Build Out Employee Equity Strategy thumbnail

Cambridge Savings Bank Provides Modera Wealth Management with $26 Million Financing Package to Power M&A Growth, Build Out Employee Equity Strategy

CAMBRIDGE, Mass.–(BUSINESS WIRE)–#cambridge—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 $26 million financing package over the life of the relationship, including both a refinance of existing debt and new debt, to Modera Wealth Management, LLC […]

Valia Ventures Closes Fund II, a $50M Seed Stage Fund thumbnail

Valia Ventures Closes Fund II, a $50M Seed Stage Fund

Early stage venture capital firm to use new funds to continue backing ambitious founders from all backgrounds NEW YORK & SAN FRANCISCO & LONDON–(BUSINESS WIRE)–Valia Ventures (“Valia”), an early stage venture capital firm, today announced it has closed on $50M in commitments for an oversubscribed second fund (“Valia Ventures II”) to continue backing ambitious companies […]

Equitybee Announces Corporate Rebrand to Support Strategic Vision and Accelerated Growth thumbnail

Equitybee Announces Corporate Rebrand to Support Strategic Vision and Accelerated Growth

Leading employee stock options funding platform launches a new visual identity, new website, and refreshed positioning following 500% YoY growth PALO ALTO, Calif.–(BUSINESS WIRE)–Equitybee, the employee-focused stock options funding solution, today announced a corporate rebrand and launch. The timing of the new visual identity aligns with the significant transformation that is taking place across the […]

Leading Companies Choose Qualtrics to Deliver Great Customer Experiences During An Uncertain Time thumbnail

Leading Companies Choose Qualtrics to Deliver Great Customer Experiences During An Uncertain Time

Companies across industries around the globe increase their investment in customer experiences amid a challenging business environment Qualtrics is now the only platform that allows companies to listen, analyze and act on feedback from all sources to build deeper relationships with stakeholders PROVO, Utah & SEATTLE–(BUSINESS WIRE)–Qualtrics (Nasdaq: XM), the leader and creator of the […]

Lynk Unveils Lynk Circle to Enable Organizations to Create Their Own AI-Driven Knowledge Networks, Filling the Gap in Knowledge Management thumbnail

Lynk Unveils Lynk Circle to Enable Organizations to Create Their Own AI-Driven Knowledge Networks, Filling the Gap in Knowledge Management

Lynk Circle is a SaaS solution for organizations to efficiently discover and unlock knowledge that sits within their people networks NEW YORK & SINGAPORE–(BUSINESS WIRE)–Lynk, an AI-driven knowledge management platform, is proud to unveil Lynk Circle, a purpose-built SaaS solution that helps businesses and organizations find the right person with the right knowledge in their […]

Explode the “Liquidity Smile,” CODA Markets Unveils Powerful Intraday Auction Trading Tool thumbnail

Explode the “Liquidity Smile,” CODA Markets Unveils Powerful Intraday Auction Trading Tool

Introducing Apex CODA Fuse, an on-demand auction product combining algorithmic trading with efficient liquidity—enabling a single order to trade with multiple counterparties NEW YORK–(BUSINESS WIRE)–No more disguising orders, no more waiting in line to trade one at a time, no more concentrating your volume to the beginning and end of the day (aka the “liquidity […]

Consumers Prefer Cards to Pay, Choices Differ by Age, Shows Fiserv Research thumbnail

Consumers Prefer Cards to Pay, Choices Differ by Age, Shows Fiserv Research

Interest in digital card options has grown, with physical cards still in demand BROOKFIELD, Wis.–(BUSINESS WIRE)–Credit and debit cards are the payment method of choice for most consumers according to new research from Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions. Cards are seen as the fastest, easiest […]

$1.4 Billion-Asset Community Bank Partners with Fintech for Lending Process Automation thumbnail

$1.4 Billion-Asset Community Bank Partners with Fintech for Lending Process Automation

Opportunity Bank of Montana goes live with Teslar Software to enhance loan and deposit strategy SPRINGDALE, Ark.–(BUSINESS WIRE)–Opportunity Bank of Montana and Teslar Software today announced their partnership to streamline the bank’s lending process for both employees and customers. The bank anticipates loan growth of up to 10% this year and leveraging Teslar will allow […]

Reply Sustainable Investment Challenge 2022: Over 13,750 People From 95 Countries Took Part in the Zero-impact Online Competition thumbnail

Reply Sustainable Investment Challenge 2022: Over 13,750 People From 95 Countries Took Part in the Zero-impact Online Competition

TURIN, Italy–(BUSINESS WIRE)–The third edition of the Investment Challenge – the second challenge on the sustainability theme – created by Banca Generali and Reply in collaboration with MIP Politecnico di Milano, MainStreet Partners and CFA Society Italy, has officially ended. The online competition saw record numbers, with over 13,750 participants from 95 countries generating a […]

dLocal Launches dLocal Go to Help Small Businesses Start, Grow and Succeed in Emerging Markets Around the World thumbnail

dLocal Launches dLocal Go to Help Small Businesses Start, Grow and Succeed in Emerging Markets Around the World

New service will provide fast and simple ways to process payments in Latin America, Africa and Asia to help small businesses and entrepreneurs MONTEVIDEO, Uruguay–(BUSINESS WIRE)–dLocal, the leading payment platform connecting global merchants to emerging markets, today announced a new offering, dLocal Go, an online platform for entrepreneurs, startups, and small and medium-sized business owners […]

Mobile Wallet Market to Grow at a CAGR of 25% through 2028 | BlueWeave Consulting thumbnail

Mobile Wallet Market to Grow at a CAGR of 25% through 2028 | BlueWeave Consulting

North America dominates the mobile wallet owing to the high smartphone ownership in developed countries such as the US and Canada. According to statistics, the United States has around 273.76 million smartphone users, which significantly affects the increasing use of mobile wallets in this region. However, the Asia-Pacific region is projected to witness the highest […]

MonetaGo Named Best Fintech Startup in Trade By Global Trade Review thumbnail

MonetaGo Named Best Fintech Startup in Trade By Global Trade Review

LONDON & SINGAPORE & NEW YORK–(BUSINESS WIRE)–Financial technology solutions provider MonetaGo has been awarded ‘best fintech startup in trade’ by Global Trade Review. The annual GTR Leaders in Trade awards celebrate the achievements of pioneering institutions and top performers in the trade, commodity, supply chain, export finance and fintech markets. This award recognises MonetaGo’s systematic […]

Flywire Survey: B2B Finance Professionals Look to Payment Process Improvements to Help Accelerate Profitability thumbnail

Flywire Survey: B2B Finance Professionals Look to Payment Process Improvements to Help Accelerate Profitability

Survey reveals 92% of respondents believe they could increase their Earnings Per Share with a better Accounts Receivables (A/R) solution BOSTON, May 05, 2022 (GLOBE NEWSWIRE) — As companies continue to adapt to the digital world, those with antiquated payment processes are facing major disadvantages affecting both revenue and reach, according to a new survey […]

BIGG Digital Assets Inc. Subsidiary Netcoins hires President, Mr.Fraser Matthews thumbnail

BIGG Digital Assets Inc. Subsidiary Netcoins hires President, Mr.Fraser Matthews

VANCOUVER, British Columbia, May 05, 2022 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”)(CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Netcoins (Netcoins.ca) (“Netcoins”), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, and Blockchain Intelligence Group (blockchaingroup.io) (“BIG”), a leading developer of blockchain technology […]

CoreCard Corporation Reports First Quarter 2022 Results thumbnail

CoreCard Corporation Reports First Quarter 2022 Results

NORCROSS, Ga., May 05, 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 March 31, 2022. “CoreCard’s strong performance continued in the first quarter and resulted in total net […]

Global Payment Gateway Market Size, Share & Industry Trends Analysis Report By Type, By End Use, By Enterprise Size, By Regional Outlook and Forecast, 2021 - 2027 thumbnail

Global Payment Gateway Market Size, Share & Industry Trends Analysis Report By Type, By End Use, By Enterprise Size, By Regional Outlook and Forecast, 2021 – 2027

The Global Payment Gateway Market size is expected to reach $73. 9 billion by 2027, rising at a market growth of 22. 0% CAGR during the forecast period. A payment gateway is a software and a server that shares all information relevant to an online transaction involving a certain bank account and responds to customers […]

Temenos Introduces Everyone’s Banking Platform at the Temenos Community Forum 2022 thumbnail

Temenos Introduces Everyone’s Banking Platform at the Temenos Community Forum 2022

More than 1,500 attendees from banks, fintechs, BaaS players and partners around the world to gather at TCF in London GENEVA–(BUSINESS WIRE)–Temenos (SIX: TEMN), the cloud banking platform, today announced that more than 1,500 leaders from the world’s leading banks, fintechs, BaaS providers and Temenos partner ecosystem will come together at the Temenos Community Forum […]

BlackRock Announces Release of First Quarter Commentaries for Certain Closed-End Funds (BIGZ, BSTZ, BMEZ, BCAT, and ECAT)

BlackRock Announces Release of First Quarter Commentaries for Certain Closed-End Funds (BIGZ, BSTZ, BMEZ, BCAT, and ECAT)

NEW YORK–(BUSINESS WIRE)–BlackRock today announced the release of quarterly fund commentaries for BlackRock Innovation and Growth Trust (NYSE: BIGZ), BlackRock Science and Technology Trust II (NYSE: BSTZ), BlackRock Health Sciences Trust II (NYSE: BMEZ), BlackRock Capital Allocation Trust (NYSE: BCAT), and BlackRock ESG Capital Allocation Trust (NYSE: ECAT) (the “Funds”) for the first quarter of […]

Buckle Trend Watch: High Gas Prices and Automotive Inflation Causing Behavioral Shifts in Rideshare and Delivery Drivers thumbnail

Buckle Trend Watch: High Gas Prices and Automotive Inflation Causing Behavioral Shifts in Rideshare and Delivery Drivers

Drivers as small business owners strategize to put extra money in their pockets JERSEY CITY, N.J.–(BUSINESS WIRE)–#Buckleup–As the gig economy grows, so do the numbers of people opting to drive – whether to supplement their income for a savings goal, as a second job, or by making driving a full-time career. Each of these drivers […]

SmartRIA® Named a WealthTech100 Company by FinTech Global thumbnail

SmartRIA® Named a WealthTech100 Company by FinTech Global

The prestigious ranking recognizes the world’s most innovative technology solution providers that address the digital transformation challenges, and opportunities investment firms, private banks, and financial advisors face KNOXVILLE, Tenn.–(BUSINESS WIRE)–#Compliance–SmartRIA, a powerful, easy-to-use cloud-based software solution designed to meet the specialized compliance management needs of investment advisors, compliance teams, operations teams, consultants and attorneys serving […]

Corvia Expands Acquiring Sponsorship with MVB Bank Relationship thumbnail

Corvia Expands Acquiring Sponsorship with MVB Bank Relationship

AUSTIN, Texas–(BUSINESS WIRE)–#BINsponsorship—Corvia, Inc., a fintech company simplifying payments complexity by complementing world-class technology with strong business and regulatory acumen, announced today it has expanded its acquiring bank sponsor relationships with the addition of MVB Bank. The new registered agent relationship will enable Corvia to better support a partner-centric approach of providing superior service for […]

Truxton Trust Announces New Role for Founding Leader of Wealth Management thumbnail

Truxton Trust Announces New Role for Founding Leader of Wealth Management

NASHVILLE, Tenn., May 04, 2022 (GLOBE NEWSWIRE) — Truxton Trust has announced a new role for its founding leader of Wealth Management. In addition to serving as counsel to the Wealth Management team, Executive Vice President Derrick Jones will focus on Corporate Development specifically Strategy, Recruiting, Training, and Business Development. “Since our inception over 17 […]

PRO Unlimited Named “Market Leader” in Ardent Partners’ 2022 MSP Solution Advisor Report thumbnail

PRO Unlimited Named “Market Leader” in Ardent Partners’ 2022 MSP Solution Advisor Report

PRO ranked highly for the universal strength of its Integrated Workforce Management platform comprised of MSP, technology and data BURLINGAME, Calif.–(BUSINESS WIRE)–PRO Unlimited, an Integrated Workforce Management (IWM) platform provider, announced today that it has been named a “Market Leader” in Ardent Partners’ 2022 Managed Service Provider (MSP) Solution Advisor report. PRO was evaluated against […]

Masa Finance Raises $3.5 Million Pre-Seed to Build the World’s First Hybrid Credit Protocol & Decentralized Credit Bureau thumbnail

Masa Finance Raises $3.5 Million Pre-Seed to Build the World’s First Hybrid Credit Protocol & Decentralized Credit Bureau

Masa’s decentralized credit protocol bridges off-chain data with on-chain data to create the world’s first Hybrid Credit Protocol & Decentralized Credit Bureau SAN FRANCISCO–(BUSINESS WIRE)–Masa Finance, the first-of-its-kind hybrid credit protocol, has come out of stealth and announces completing a Pre-Seed funding round of $3.5 million USD (closed in November 2021) from Unshackled Ventures, executives […]

Papaya and Applied Innovation Partner to Enable Frictionless Payment Methods for Accounts Receivable Management thumbnail

Papaya and Applied Innovation Partner to Enable Frictionless Payment Methods for Accounts Receivable Management

This partnership allows Applied Innovation’s business customers to offer payments in seconds using Papaya’s proprietary “Bill Understanding Technology” LOS ANGELES–(BUSINESS WIRE)–Papaya, a modern bill payment platform that uses proprietary computer vision technology to simplify bill payments for consumers, today announced its partnership with Applied Innovation, a software development company that provides a suite of solutions […]

MAXEX Helps Mortgage Originators Access Greater Liquidity Options With New DSCR Program, Expanded Bulk and Forward Trading Services. thumbnail

MAXEX Helps Mortgage Originators Access Greater Liquidity Options With New DSCR Program, Expanded Bulk and Forward Trading Services.

ATLANTA–(BUSINESS WIRE)–MAXEX, the first digital mortgage exchange, announced today the launch of a new DSCR (debt service coverage ratio) loan program and the expansion of its bulk and forward trading capabilities. Mortgage market turmoil has originators looking for new loan programs and liquidity to grow their business, rebalance their portfolios and serve their borrowers. By […]

First American Mortgage Solutions Announces First-of-its-Kind Title and Settlement Integration With ICE Mortgage Technology’s New Encompass Platform thumbnail

First American Mortgage Solutions Announces First-of-its-Kind Title and Settlement Integration With ICE Mortgage Technology’s New Encompass Platform

SANTA ANA, Calif.–(BUSINESS WIRE)–First American Mortgage Solutions LLC, a part of the First American family of companies, today announced a new integration with ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure. First American is the first title and settlement provider to offer automated […]

Affirm to Be First Buy Now, Pay Later Partner Fully Integrated to Carat From Fiserv

Affirm to Be First Buy Now, Pay Later Partner Fully Integrated to Carat From Fiserv

Affirm will be seamlessly available to Fiserv enterprise merchant clients via a simplified onboarding experience SAN FRANCISCO & BROOKFIELD, Wis.–(BUSINESS WIRE)–Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Fiserv, a global provider of payments and financial services technology solutions, today announced a relationship that will make Affirm available […]

Axis Auto Loan Portfolio Surpasses $200 million thumbnail

Axis Auto Loan Portfolio Surpasses $200 million

TORONTO–(BUSINESS WIRE)–Axis Auto Finance Inc. (“Axis” or the “Company”) (TSX: AXIS), a rapidly growing financial technology company changing the way Canadians purchase and finance used vehicles, today announced that it has broken its single day loan originations record and has surpassed $200 million in Auto Loan Portfolio balances. Axis set a new daily auto loan […]

Intercontinental Exchange Reports April 2022 Statistics thumbnail

Intercontinental Exchange Reports April 2022 Statistics

ADV up 16% y/y; OI up 6% y/y ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology and market infrastructure, today reported April 2022 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet. April […]

Fiserv to Simplify How Businesses Enable Buy Now, Pay Later thumbnail

Fiserv to Simplify How Businesses Enable Buy Now, Pay Later

Businesses using Carat or Clover will be able to implement their preferred BNPL providers for in-store and online commerce Affirm will be first BNPL option fully integrated into Carat system for enterprise merchants BROOKFIELD, Wis.–(BUSINESS WIRE)–Businesses of all sizes will be able to simplify the enablement of Buy Now Pay Later (BNPL) options with streamlined […]

Coinfirm Adds 840,361 Tokens To AML Platform, Offering Full Coverage Of All Tokens thumbnail

Coinfirm Adds 840,361 Tokens To AML Platform, Offering Full Coverage Of All Tokens

LONDON–(BUSINESS WIRE)–In the largest update of protocol coverage in Coinfirm’s history, the firm has added support for 840,361 new tokens to the AML Platform, offering total digital asset coverage of 17 blockchains. Now, the company’s industry-recognized blockchain agnostic AML Platform supports ~846 thousand cryptocurrency assets and tokens. The breakdown of the newly supported coverage – […]

BSE Ebix Appoints Sachin Seth as CEO & Managing Director thumbnail

BSE Ebix Appoints Sachin Seth as CEO & Managing Director

MUMBAI, India and JOHNS CREEK, Ga., May 04, 2022 (GLOBE NEWSWIRE) — BSE Ebix Insurance Broking Private Limited (BSE Ebix), a joint venture of BSE and Ebix Singapore Pte Ltd., announced today that Sachin Seth has been appointed as CEO and MD of BSE Ebix. An upcoming InsurTech player – BSE Ebix is focused on […]

PayRetailers Strengthens Its Operations in Latin America thumbnail

PayRetailers Strengthens Its Operations in Latin America

Spanish company PayRetailers continues to strengthen its local operations in Latin America and announces the opening of its new offices in Peru, while continuing to look at acquisitions to increase its presence in other countries. BARCELONA, Spain–(BUSINESS WIRE)–Payment technology solutions have found fertile ground for expansion in Latin America given the lack of financial inclusion […]

TSG Announces 2022 Omnichannel Provider of the Year thumbnail

TSG Announces 2022 Omnichannel Provider of the Year

Payments Excellence Award honors Fiserv and ACI Worldwide Omaha, NE, May 04, 2022 (GLOBE NEWSWIRE) — The Strawhecker Group (TSG), a globally recognized analytics, intelligence, and consulting firm in the payments industry, is proud to announce that Fiserv has won TSG’s 2022 Omnichannel Provider of the Year award. Through an in-depth review and submission process, […]

U.S. Payments Forum Launches New Electric Vehicle (EV) Open Payments Working Committee thumbnail

U.S. Payments Forum Launches New Electric Vehicle (EV) Open Payments Working Committee

Committee seeking experts to take part, support accelerated EV adoption and open payments implementation at charging locations ENGLEWOOD, Colo., May 04, 2022 (GLOBE NEWSWIRE) — The market for Electric Vehicles (EV) has grown exponentially in recent years. Building on this momentum, the U.S. government promised $5 Billion in federal funds over five years to create […]

GBT’s AI based, Motion Detection Wireless Patent has been Granted thumbnail

GBT’s AI based, Motion Detection Wireless Patent has been Granted

The Patent was Granted on April 12, 2022; Patent # 11,302,032 SAN DIEGO, May 04, 2022 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”), intelligent wireless motion detection patent, internal code name “Apollo”, was granted on April 12, 2022. The non-provisional patent protects wireless, real time motion detection technology that is […]

Ebix Hosts Q1 Investor Call Tuesday, May 10, 2022 at 11:30 a.m. ET thumbnail

Ebix Hosts Q1 Investor Call Tuesday, May 10, 2022 at 11:30 a.m. ET

JOHNS CREEK, Ga., May 04, 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 first quarter results on Tuesday, May 10, 2022, and will host an investor […]

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