Techwire

Pidgin to Present Its Instant Payment Innovations at the Federal Reserve’s FedNow℠ Service Provider Showcase at Nacha Conference thumbnail

Pidgin to Present Its Instant Payment Innovations at the Federal Reserve’s FedNow℠ Service Provider Showcase at Nacha Conference

NASHVILLE, Tenn.–(BUSINESS WIRE)–Pidgin, a secure, real-time payments platform built for the future of payments, is excited to present its instant payment innovations at the Nacha Smarter Faster Payments 2022 conference as part of the Federal Reserve’s live FedNow Service Provider Showcase. Kevin Olsen, senior vice president of Pidgin, will present on Monday, May 2nd at […]

KlariVis and Open Finance Leader MX Partner to Serve Financial Institutions With Data-Driven Insights thumbnail

KlariVis and Open Finance Leader MX Partner to Serve Financial Institutions With Data-Driven Insights

Powerful data tools and financial insights to deliver additional revenue and growth opportunities with MXdata Featured Image for KlariVis Featured Image for KlariVis ROANOKE, Va., April 28, 2022 (GLOBE NEWSWIRE) — Klarivis, a fast-growing enterprise dashboard and analytics solution for the financial services industry, today announced a new partnership with MX Technologies, Inc., a leader […]

Kearny Financial Corp. Announces Third Quarter Fiscal 2022 Results and Declaration of Cash Dividend thumbnail

Kearny Financial Corp. Announces Third Quarter Fiscal 2022 Results and Declaration of Cash Dividend

FAIRFIELD, N.J., April 28, 2022 (GLOBE NEWSWIRE) — Kearny Financial Corp. (NASDAQ GS: KRNY) (the “Company”), the holding company of Kearny Bank (the “Bank”), reported net income for the quarter ended March 31, 2022 of $17.7 million, or $0.25 per diluted share, compared to $18.8 million, or $0.26 per diluted share, for the quarter ended […]

MonetaGo Delivers Major Milestones in Strategy for Trade Finance De-duplication in India, Sets the Stage for Global Adoption in 2022 thumbnail

MonetaGo Delivers Major Milestones in Strategy for Trade Finance De-duplication in India, Sets the Stage for Global Adoption in 2022

MUMBAI, India & NEW YORK–(BUSINESS WIRE)–Four years after commencing an ambitious mission to prevent duplicate financing of invoices in India, MonetaGo today underlines major progress in delivering on its commitments, including transforming the speed and transparency of invoice financing and unlocking the value of disparate information spread across multiple organisations and data silos. The service […]

Simmons First National Corporation Reports First Quarter 2022 Diluted EPS of $0.58 thumbnail

Simmons First National Corporation Reports First Quarter 2022 Diluted EPS of $0.58

Key Highlights in the First Quarter of 2022: Net income of $65.1 million, or $0.58 on a fully diluted per share basis Core earnings of $67.2 million, or $0.59 on a fully diluted per share basis Newly funded loans and advances top $2.5 billion in the quarter, outpacing loan paydowns and payoffs Commercial loan pipeline […]

FS Bancorp, Inc. Reports Net Income for the First Quarter of $6.9 Million or $0.81 Per Diluted Share and the Thirty-Seventh Consecutive Quarterly Dividend thumbnail

FS Bancorp, Inc. Reports Net Income for the First Quarter of $6.9 Million or $0.81 Per Diluted Share and the Thirty-Seventh Consecutive Quarterly Dividend

MOUNTLAKE TERRACE, Wash., April 28, 2022 (GLOBE NEWSWIRE) — FS Bancorp, Inc. (NASDAQ: FSBW) (the “Company”), the holding company for 1st Security Bank of Washington (the “Bank”) today reported 2022 first quarter net income of $6.9 million, or $0.81 per diluted share, compared to $11.9 million, or $1.35 per diluted share for the same quarter […]

2022 FinHealth Spend Report Marks First-Ever Decline in Ten Year History of Tracking Fees and Interest Paid for Everyday Financial Services thumbnail

2022 FinHealth Spend Report Marks First-Ever Decline in Ten Year History of Tracking Fees and Interest Paid for Everyday Financial Services

Reduction attributed to student loan debt moratorium, pandemic-related decline in credit card debt and government stimulus funds allowing many to avoid high-cost lending; but underserved populations still pay greater proportion of fees and number of factors indicate likely rise in year ahead Chicago, IL, April 28, 2022 (GLOBE NEWSWIRE) — The Financial Health Network, the […]

Aite-Novarica Group Announces Winners of the 2022 Banking Fintech of the Year Awards thumbnail

Aite-Novarica Group Announces Winners of the 2022 Banking Fintech of the Year Awards

Aite-Novarica Group will recognize the innovative fintech vendors that have leveraged best-in-class technology during the Banking Fintech of the Year Webinar being held virtually on May 5, 2022. Boston, MA, April 28, 2022 (GLOBE NEWSWIRE) — Aite-Novarica Group is pleased to announce the winners of the 2022 Banking Fintech of the Year Awards. The awards […]

Economic Times Felicitates EbixCash Chairman Robin Raina Amongst the Most Promising Business Leaders of Asia 2021-22 thumbnail

Economic Times Felicitates EbixCash Chairman Robin Raina Amongst the Most Promising Business Leaders of Asia 2021-22

NOIDA and JOHNS CREEK, April 28, 2022 (GLOBE NEWSWIRE) — EbixCash Limited, a technology enabled provider of digital products and services in the B2C, B2B and financial technology arena, through an integrated business model, today announced that its Chairman Robin Raina was recently felicitated by The Economic Times amongst the “Most Promising Business Leaders of […]

connectFirst Credit Union Selects nCino Across Multiple Lines of Business thumbnail

connectFirst Credit Union Selects nCino Across Multiple Lines of Business

nCino’s single platform to provide premier member experience by increasing transparency, producing a best-in-class workflow TORONTO, April 28, 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 Calgary’s connectFirst Credit Union (connectFirst) will deploy the nCino Bank Operating System® across multiple lines […]

The Community Financial Corporation Reports EPS of $1.10 and Annualized Loan Growth of 12.9% for the First Quarter 2022 thumbnail

The Community Financial Corporation Reports EPS of $1.10 and Annualized Loan Growth of 12.9% for the First Quarter 2022

First Quarter 2022 Highlights Net Income: Net income totaled $6.3 million for the quarter ended March 31, 2022, or $1.10 per diluted common share compared to net income of $6.3 million or $1.07 per diluted common share for the quarter ended March 31, 2021 and $6.8 million or $1.18 per diluted common share for the quarter ended […]

Western Union and Zain Cash Collaborate to Facilitate Digital Cross-border Money Transfers in Jordan thumbnail

Western Union and Zain Cash Collaborate to Facilitate Digital Cross-border Money Transfers in Jordan

Zain Cash customers will be able to conveniently send and receive money around the clock with a few clicks. AMMAN, Jordan–(BUSINESS WIRE)–Western Union (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments and Zain Cash, the award-winning mobile financial services arm of Zain – a leading mobile telecom operator in the Middle […]

Onuu Announces Inaugural List of Partners to Democratize Access to Financial Security for 166M Americans thumbnail

Onuu Announces Inaugural List of Partners to Democratize Access to Financial Security for 166M Americans

Visa, AAA Life Insurance and SCOR join Onuu in bringing financial education and resources to Americans of modest means AUSTIN, TEXAS–(BUSINESS WIRE)–Today, Onuu, an all-in-one banking and insurance solution, announced its first round of partnerships with some of the most innovative and trusted companies globally, including Visa and AAA Life Insurance. These partners are laying […]

Live Oak Bancshares, Inc. Reports First Quarter 2022 Results thumbnail

Live Oak Bancshares, Inc. Reports First Quarter 2022 Results

WILMINGTON, N.C., April 27, 2022 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (Nasdaq: LOB) (“Live Oak” or “the Company”) today reported first quarter of 2022 net income of $34.5 million, or $0.76 per diluted share. “Live Oak Bank continues to focus on soundness, profitability and growth – in that order – and this quarter sustains […]

Root, Inc. Announces 2022 First Quarter Results thumbnail

Root, Inc. Announces 2022 First Quarter Results

COLUMBUS, Ohio, April 27, 2022 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced financial results for the quarter. Root’s first quarter results and management commentary can be found by accessing the shareholder letter posted to the company’s investor relations website at ir.joinroot.com. Root will host a conference […]

Lake Shore Bancorp, Inc. Announces 2022 First Quarter Financial Results and Declares Dividend thumbnail

Lake Shore Bancorp, Inc. Announces 2022 First Quarter Financial Results and Declares Dividend

DUNKIRK, N.Y., April 27, 2022 (GLOBE NEWSWIRE) — Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), reported unaudited net income of $1.1 million, or $0.18 per diluted share, for the 2022 first quarter compared to net income of $1.7 million, or $0.29 per diluted share, […]

Airwallex Launches First Above the Line Campaign in London thumbnail

Airwallex Launches First Above the Line Campaign in London

LONDON–(BUSINESS WIRE)–This month, leading global fintech Airwallex launched its first above the line (ATL) campaign in the UK to raise local awareness of its Borderless Cards, enabling businesses to easily make digital and physical card payments around the world. Last week, Airwallex launched a series of adverts across London’s underground stations to showcase the Airwallex […]

BlackRock Identifies Three Permanent Transformations Unlocking Exponential Growth Opportunities  thumbnail

BlackRock Identifies Three Permanent Transformations Unlocking Exponential Growth Opportunities 

Expands Megatrends Platform with Emergent Food and Blockchain ETFs NEW YORK–(BUSINESS WIRE)–From an industrial renaissance to medical breakthroughs and the new consumer, BlackRock’s new paper highlights how permanent changes have created underestimated investment opportunities. “Today, there is more potential for rapid change than at any other point in history,” said Armando Senra, Head of Americas […]

Truxton Trust Names Buck Patton and Mitch Van Zelfden Vice Presidents thumbnail

Truxton Trust Names Buck Patton and Mitch Van Zelfden Vice Presidents

NASHVILLE, Tenn., April 27, 2022 (GLOBE NEWSWIRE) — Truxton has promoted Buck Patton, CFP®, to Vice President and Wealth Advisor and Portfolio Manager Mitch Van Zelfden, CFA, to Vice President. Derrick Jones, Senior Managing Director, said, “Buck and Mitch are representative of our purpose as a wealth management practice, combining an exceptional investment process with […]

Facing Thinner Margins and a Down Market, Trucking Technology is Helping Independent Trucking Companies Compete, New SmartHop Report Finds thumbnail

Facing Thinner Margins and a Down Market, Trucking Technology is Helping Independent Trucking Companies Compete, New SmartHop Report Finds

43.5% of new drivers entered the market in the last two years, according to the First Annual State of Independent Drivers and Small Fleets The top three areas drivers in most need of support include: finding discounted fuel and insurance, as well as finding and booking high-quality loads While industry attracted many newcomers in the […]

Ascendus Goes Live On Scienaptic’s Platform For AI-Powered Credit Underwriting To Strengthen SMB Lending thumbnail

Ascendus Goes Live On Scienaptic’s Platform For AI-Powered Credit Underwriting To Strengthen SMB Lending

Scienaptic platform projected to drive up to 30% more approvals from existing leads NEW YORK–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider, Scienaptic AI announced that the deployment of its platform at Ascendus is now live. The implementation enhances Ascendus’ credit decisioning and helps the lender make advanced loan decisions for small and medium-sized businesses. […]

UK-based Fintech DNA Payments Reaches 100,000 Card Terminals and Online Points of Sale thumbnail

UK-based Fintech DNA Payments Reaches 100,000 Card Terminals and Online Points of Sale

LONDON–(BUSINESS WIRE)–After a solid first quarter of growth, DNA Payments, a leading independent vertically integrated payments provider, is proud to announce that it achieved 100,000 card payment terminals and online points of sale in April. This significant milestone for the Group comes after it announced recent acquisitions and explosive organic growth in the first quarter […]

Global Mobile Payment Market (2022 to 2027) - Featuring Alibaba, Apple and Google Among Others thumbnail

Global Mobile Payment Market (2022 to 2027) – Featuring Alibaba, Apple and Google Among Others

Global Mobile Payment Market Global Mobile Payment Market Dublin, April 27, 2022 (GLOBE NEWSWIRE) — The “Global Mobile Payment Market (2022-2027) by Pay Option, Purchase Type, Payment Type, Industry, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering. The Global Mobile Payment Market is estimated to […]

HomeTrust Bancshares, Inc. Announces Financial Results for the Third Quarter of Fiscal 2022 and Quarterly Dividend thumbnail

HomeTrust Bancshares, Inc. Announces Financial Results for the Third Quarter of Fiscal 2022 and Quarterly Dividend

ASHEVILLE, N.C., April 27, 2022 (GLOBE NEWSWIRE) — HomeTrust Bancshares, Inc. (NASDAQ: HTBI) (“Company”), the holding company of HomeTrust Bank (“Bank”), today announced preliminary net income for the third quarter of fiscal 2022 and approval of its quarterly dividend. For the quarter ended March 31, 2022 compared to the corresponding quarter in the previous year: […]

Paya to Announce First Quarter 2022 Financial Results on May 10, 2022 thumbnail

Paya to Announce First Quarter 2022 Financial Results on May 10, 2022

ATLANTA, April 27, 2022 (GLOBE NEWSWIRE) — Paya Holdings Inc. (NASDAQ: PAYA) (“Paya” or the “Company”), a leading integrated payments and commerce solution provider, today announced that the Company will release its first quarter 2022 financial results on Tuesday, May 10, 2022 after market close. On Wednesday, May 11, 2022, at 8:00am ET, Paya CEO […]

MassMutual Ventures Announces New USD 300 Million Fund for Europe and Asia-Pacific thumbnail

MassMutual Ventures Announces New USD 300 Million Fund for Europe and Asia-Pacific

BOSTON & LONDON & SINGAPORE–(BUSINESS WIRE)–MassMutual Ventures (MMV) announced today that its Asia-Pacific (APAC) and Europe team has launched a new fund of $300 million to invest in early and growth-stage companies in digital health, financial technology, enterprise SaaS, and cybersecurity. With this launch, the team has widened its investment reach to include Europe and […]

Evolve Bank & Trust Appoints Davina Bergin as President, SBA Lending Division thumbnail

Evolve Bank & Trust Appoints Davina Bergin as President, SBA Lending Division

Davina Bergin Davina Bergin MEMPHIS, Tenn., April 27, 2022 (GLOBE NEWSWIRE) — Evolve Bank & Trust (“Evolve”), a leading financial technology solutions provider, announced today it has appointed Davina Bergin as President of its SBA Lending Division. Bergin joins Evolve with more than 30 years of experience in the SBA Lending industry. “Davina’s experience is […]

Harvest Trading Cap Academy joins Salvadoran authorities to train young people on Bitcoin thumbnail

Harvest Trading Cap Academy joins Salvadoran authorities to train young people on Bitcoin

Harvest Trading Cap’s educational entity, Harvest Trading Cap Academy gave its masterclass on cryptocurrencies in El Salvador, a country where bitcoin is officially regulated. Jairo Gonzalez CEO of Harvest Trading Cap gives Masterclass in El Salvador Jairo Gonzalez expresses his gratitude for the support he has received from El Salvador and the reception he and […]

Fidelity D & D Bancorp, Inc. Reports Record First Quarter 2022 Financial Results thumbnail

Fidelity D & D Bancorp, Inc. Reports Record First Quarter 2022 Financial Results

DUNMORE, Pa., April 27, 2022 (GLOBE NEWSWIRE) — Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC) and its banking subsidiary, The Fidelity Deposit and Discount Bank, announced its unaudited, consolidated financial results for the three month period ended March 31, 2022 reporting new record high results. Unaudited Financial Information Net income for the quarter ended […]

EagleBank Provides Construction Financing to Urban Atlantic for Affordable Workforce Housing in New Carrollton, Maryland thumbnail

EagleBank Provides Construction Financing to Urban Atlantic for Affordable Workforce Housing in New Carrollton, Maryland

Funding supports construction of 291 Class A affordable and transit-adjacent apartments with exceptional regional accessibility and community amenity access BETHESDA, Md., April 27, 2022 (GLOBE NEWSWIRE) — EagleBank, one of the largest community banks in the Washington, D.C. area, today announced it provided $54,250,000 in financing to Urban Atlantic Development LLC to support the construction […]

Kristan Latham Joins BridgeCore Capital As Director of Loan Originations thumbnail

Kristan Latham Joins BridgeCore Capital As Director of Loan Originations

BEVERLY HILLS, CA, April 27, 2022 (GLOBE NEWSWIRE) — via NewMediaWire –BridgeCore Capital, Inc. today announced that Kristan Latham has joined the firm as Director of Loan Originations. In this newly created position, Latham will be responsible for loan originations on commercial real estate in markets served by BridgeCore throughout the country, further expanding BridgeCore leading […]

Partners Life Becomes First New Zealand Life and Health Insurer To Go Live On The FINEOS Platform thumbnail

Partners Life Becomes First New Zealand Life and Health Insurer To Go Live On The FINEOS Platform

Clients will benefit from enhanced service and future digital self-service CHRISTCHURCH, New Zealand–(BUSINESS WIRE)–#Cloud—FINEOS Corporation (ASX:FCL), the market-leading provider of group and individual core systems for life, accident and health insurance, today announced that Partners Life has become the first life and health insurance company in New Zealand to go live on the FINEOS Platform. […]

CORRECTION -- Pinnacle Bankshares Corporation Announces First Quarter 2022 Earnings thumbnail

CORRECTION — Pinnacle Bankshares Corporation Announces First Quarter 2022 Earnings

ALTAVISTA, Va., April 26, 2022 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Pinnacle Bankshares Corporation (OTCQX:PPBN), please note that the date 3/31/2021 in the first column of the financial table has been corrected to read 3/31/2022. The corrected release follows: Net income for Pinnacle Bankshares Corporation (OTCQX:PPBN), the one-bank holding company […]

Flushing Financial Corporation Reports 1Q22 GAAP EPS of $0.58 and Core EPS of $0.61 thumbnail

Flushing Financial Corporation Reports 1Q22 GAAP EPS of $0.58 and Core EPS of $0.61

Record Net Interest Income and Record Low Cost of Funds John R. Buran, President and CEO Commentary UNIONDALE, N.Y., April 26, 2022 (GLOBE NEWSWIRE) — The Company reported first quarter 2022 GAAP EPS of $0.58, down 3.3% YoY, ROAA of 0.91%, and ROAE of 10.83%. For the first quarter, Core EPS of $0.61 increased, 13.0% […]

First Busey Announces 2022 First Quarter Earnings thumbnail

First Busey Announces 2022 First Quarter Earnings

CHAMPAIGN, Ill., April 26, 2022 (GLOBE NEWSWIRE) — First Busey Corporation (Nasdaq: BUSE) Message from our Chairman & CEO First Quarter 2022 Highlights: First quarter 2022 net income of $28.4 million and diluted EPS of $0.51 First quarter 2022 adjusted net income1 of $29.1 million and adjusted diluted EPS1 of $0.52 Core loan1 growth of […]

Randolph Bancorp, Inc. Announces First Quarter 2022 Financial Results thumbnail

Randolph Bancorp, Inc. Announces First Quarter 2022 Financial Results

QUINCY, Mass., April 26, 2022 (GLOBE NEWSWIRE) — Randolph Bancorp, Inc. (the “Company” or “Randolph”) (NASDAQ Global Market: RNDB), the holding company for Envision Bank (the “Bank”), today announced a net loss of $235,000, or $0.05 per basic share and diluted share, for the three months ended March 31, 2022 compared to net income of […]

Sutton Bank and Bankers Helping Bankers Launch BaaS Association thumbnail

Sutton Bank and Bankers Helping Bankers Launch BaaS Association

ATTICA, Ohio–(BUSINESS WIRE)–Sutton Bank and Bankers Helping Bankers (BHB) are pleased to announce the creation of the BHB Banking-as-a-Service (BaaS) Association, aimed at serving the unique needs of BaaS Sponsor banks. Sutton Bank, Attica, OH is proud to be one of the founding, charter members of the Association. According to Robert Keil, SVP, Chief Payments […]

Veritex Community Bank Expands Houston Banking Team thumbnail

Veritex Community Bank Expands Houston Banking Team

New additions to focus on Middle-Market Banking, Commercial Real Estate, Private Banking and Professional Services HOUSTON, April 26, 2022 (GLOBE NEWSWIRE) — (www.veritexbank.com) Veritex Community Bank, a Texas headquartered bank specializing in providing depository and credit services to small to mid-sized businesses, has appointed William Ray Jr as EVP and managing director for middle-market banking, […]

Cogni, the First Lifestyle-Focused Digital Bank, Launches With $23 Million Series A From Top Investors thumbnail

Cogni, the First Lifestyle-Focused Digital Bank, Launches With $23 Million Series A From Top Investors

With a series of innovative products lined up, Cogni is creating the first Web2 to Web3 mobile banking platform of its kind NEW YORK–(BUSINESS WIRE)–Cogni, a digital banking platform aimed at enhancing consumer lifestyles, announces today its $23 million Series A funding round, bringing a new wave of digital banking innovations to consumers who want […]

QuoteMedia Announces Major Agreement with a Schedule 1 Canadian Bank thumbnail

QuoteMedia Announces Major Agreement with a Schedule 1 Canadian Bank

PHOENIX, April 26, 2022 (GLOBE NEWSWIRE) — QuoteMedia, Inc. (OTCQB: QMCI), a leading provider of market data and financial applications, announced that it has been selected as market data and technology provider for one of the Schedule 1 Canadian banks. Pursuant to the multi-year agreement, QuoteMedia will provide a wide-ranging enterprise deployment of financial data […]

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