Techwire


Propelling Growth: Global AI in BFSI Market to Garner a Revenue of $84,337.5 Million by 2028, Growing at a CAGR of 21.4% from 2021 to 2028 [220-Pages] | Reveals by Research Dive

The global AI in BFSI market is expected to witness an exponential growth, owing to the rising need for optimized customer experience. The banking sub-segment is expected to be most profitable. The North America region is expected to dominate the global market in analysis period. New York, USA, March 23, 2022 (GLOBE NEWSWIRE) — According […]

Citi Works with Stenn to Help Promote Deep Tier Supplier Financing

Citi is working with global fintech Stenn to help close the financing gap faced by many international small and medium sized enterprises (SMEs) LONDON–(BUSINESS WIRE)–Citigroup Inc. (NYSE: C) Citi has announced that it has started working with Stenn, a global platform providing SME funding, as part of the expansion of its global trade payables finance […]

BLUbeem™ by Brink’s Digital Cash Payment Solution Now Accessible in Clover® App Market

BLUbeem Makes Managing Cash Payments Easier, Safer and More Efficient for Merchants RICHMOND, Va., March 23, 2022 (GLOBE NEWSWIRE) — The Brink’s Company (NYSE:BCO), the global leader in cash management, route-based secure logistics and payment solutions, announced today the availability of its BLUbeem digital cash payment solution via Clover from Fiserv, a leading point-of-sale (POS) […]

Leading VCs and Deloitte invest £4.1M (€5M/$5.4M) in Climate X, a climate risk analytics provider

LONDON–(BUSINESS WIRE)–#climatesolution—Climate X, a London-based climate risk analytics provider, has raised £4.1M (€5M/$5.4M) in seed funding. CommerzVentures and A/O PropTech led the round – joined by Voyagers Climate Tech Fund, Blue Impact Ventures, Deloitte LLP and angel investors including David Rowan (founding Editor-in-Chief at WIRED), Kat Borlongan (former Director at La French Tech) and Renaud […]

Hardbacon Acquires Simplerate.ca to Expand Its Credit Cards and Rewards Content Offering

As part of the acquisition, Hardbacon will continue to maintain Simplerate.ca and to update it with unique content that helps Canadians get more bang for their buck Hardbacon X Simple Rate Hardbacon acquires Simplerate.ca MONTREAL, March 23, 2022 (GLOBE NEWSWIRE) — Hardbacon, a personal finance application used by more than 35,000 Canadians, announced today the […]

EbixCash Partners with Axis Securities to Offer Integrated 3-in-1 Savings, Demat and Trading Account Services to its Customers

In Line with EbixCash’s Strategic Approach, Partnership Offers Seamless Service Enabling the Digital Journey of Indian Consumers NOIDA, India, March 23, 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 a strategic agreement with […]

Bitcoin Well Expands Services Through Partner Program

EDMONTON, Alberta, March 23, 2022 (GLOBE NEWSWIRE) — Bitcoin Well Inc. (“Bitcoin Well”) (TSXV: BTCW), a technology company building and utilizing products that offer safe and easy ways to buy, sell and use bitcoin, is pleased to announce that it has signed an agreement with CNA Financial Services (“CNA”) to offer full scale in-person bitcoin […]

Africa & Middle East Embedded Insurance Market Report 2022: Market is Expected to Grow by 40.2% to Reach $2,329.0 Million in 2022 – Forecast to 2029

Dublin, March 23, 2022 (GLOBE NEWSWIRE) — The “Africa & Middle East Embedded Insurance Business and Investment Opportunities – Q1 2022 Update” report has been added to ResearchAndMarkets.com’s offering. Africa & Middle East’s Embedded Insurance industry in the region is expected to grow by 40.2% on annual basis to reach US$2,329.0 million in 2022. The […]

Global Embedded Finance Markets and Investment Opportunities Report 2022: Market is Expected to Grow by 39.4% to Surpass $240 Billion in 2022 – Forecast to 2029

Dublin, March 23, 2022 (GLOBE NEWSWIRE) — The “Global Embedded Finance Business and Investment Opportunities – 50+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments – Q1 2022 Update” report has been added to ResearchAndMarkets.com’s offering. The global Embedded Finance industry is expected to grow by 39.4% on annual basis to reach US$241,018.2 million […]

Africa & Middle East Embedded Finance Market & Investment Opportunities Report 2022: Market is Expected to Grow by 45.3% to Reach $10,359.2 Million in 2022 – Forecast to 2029

Dublin, March 23, 2022 (GLOBE NEWSWIRE) — The “Africa & Middle East Embedded Finance Business and Investment Opportunities – 50+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments – Q1 2022 Update” report has been added to ResearchAndMarkets.com’s offering. Africa & Middle East’s Embedded Finance industry in the region is expected to grow by […]

Proxymity Announces New Strategic Investment by BNP Paribas Securities Services

BNP Paribas Securities Services plans to adopt the platform in multiple markets, and becomes the ninth major global financial institution to join the Proxymity Consortium BNP Paribas BNP Paribas LONDON, March 23, 2022 (GLOBE NEWSWIRE) — Proxymity, the leading digital investor communications platform, announced today that BNP Paribas Securities Services has invested $6 million in […]

Proxymity Announces New Strategic Investment by BNP Paribas Securities Services

BNP Paribas Securities Services plans to adopt the platform in multiple markets, and becomes the ninth major global financial institution to join the Proxymity Consortium BNP Paribas BNP Paribas LONDON, March 23, 2022 (GLOBE NEWSWIRE) — Proxymity, the leading digital investor communications platform, announced today that BNP Paribas Securities Services has invested $6 million in […]

CR2/IBS Intelligence Latest Market Insight Report Looks at the Importance of Digital Onboarding for Banks Today

DUBLIN–(BUSINESS WIRE)–The latest IBS Intelligence report, in partnership with CR2 (www.cr2.com), looks at how critical digital onboarding is for banks and other financial institutions to retain their current customers while also attracting new ones. As a result, banks are attempting to create an easy, tailored, and frictionless end-to-end digital buying and contracting experience. Having the […]

Cambodia’s Vattanac Bank Partners with EMQ to Power Real-time Cross-border Payments across Asia

Partnership enables Vattanac Bank to expand and streamline multi-currency payouts from Cambodia to key economic corridors across EMQ’s global network SINGAPORE & PHNOM PENH, Cambodia–(BUSINESS WIRE)–#London–Vattanac Bank, a leading Bank in Cambodia today announced a partnership with global payments network EMQ, to facilitate real-time cross-border payments across Asia, with more markets in the pipeline. By […]

NSI Insurance Group Acquires Majority Stake in InsurTech Startup HoneyQuote

MIAMI–(BUSINESS WIRE)–Florida-based digital insurance agency HoneyQuote.com has been acquired by one of the largest independent insurance agencies, NSI Insurance Group – a move that will enable the startup to expand its operations nationally, launch new product lines, and facilitate larger distribution partnerships. HoneyQuote’s machine learning algorithm matches users with property insurance carriers in real-time. Its […]

Truxton Trust Names Miles Kirkland, Kevin Brodrick, and Spence Dabbs as Managing Directors and Drew Mallory as Chief Fiduciary Officer

NASHVILLE, Tenn., March 22, 2022 (GLOBE NEWSWIRE) — Truxton has promoted Miles T. Kirkland, CFA, Kevin S. Brodrick, CTFA, and W. Spence Dabbs, JD, CTFA, to Managing Directors for Wealth Management Services. Also, Managing Director, Andrew “Drew” J. Mallory, CFA, will assume the additional role of Chief Fiduciary Officer. Derrick Jones, Senior Managing Director, said, […]

Volery Capital Recognized in ImpactAssets 50

IA50 selects Volery for second consecutive year. GREENWICH, Conn.–(BUSINESS WIRE)–Volery Capital, a private equity firm focused on growth investments ​​in ​companies that address climate change and economic inclusion, was included in the ImpactAssets 50 Emerging Managers list for the second consecutive year. ImpactAssets has released the ImpactAssets 50 2022 (IA 50), a database for institutional […]

InterSystems Releases Suite of Financial Services Solutions Powered by Smart Data Fabric Architecture

New solutions integrate and harmonize information from existing systems and silos to provide a wealth of business benefits for financial services firms CAMBRIDGE, Mass.–(BUSINESS WIRE)–InterSystems, a creative data technology provider dedicated to helping customers solve the most critical scalability, interoperability, and speed problems, has announced the release of a new suite of solutions for the […]

One Detroit Credit Union and Detroit-based Bankjoy Team Up to Launch Mobile Banking 2.0

The new app will bring banking on-the-go to underserved residents in Detroit DETROIT–(BUSINESS WIRE)–One Detroit Credit Union, with $56 million in assets and 11,000+ members, announced today that it will launch a new mobile banking app with its long-standing partner and digital banking provider Bankjoy. Mobile banking 2.0 represents a significant upgrade to the credit […]

Scienaptic’s AI-Powered Credit Decisioning Platform Wins 2022 BIG Artificial Intelligence Excellence Award

NEW YORK–(BUSINESS WIRE)–#AI–Leading AI-powered credit decisioning disruptor, Scienaptic AI, announced its AI-based underwriting platform has been named a winner in the 2022 Artificial Intelligence Excellence Awards, presented by the Business Intelligence Group. The Artificial Intelligence Excellence Awards recognize organizations, products and people who bring AI to life and apply it to solve real problems. The […]

Scienaptic’s AI-Powered Credit Decisioning Platform Wins 2022 BIG Artificial Intelligence Excellence Award

NEW YORK–(BUSINESS WIRE)–#AI–Leading AI-powered credit decisioning disruptor, Scienaptic AI, announced its AI-based underwriting platform has been named a winner in the 2022 Artificial Intelligence Excellence Awards, presented by the Business Intelligence Group. The Artificial Intelligence Excellence Awards recognize organizations, products and people who bring AI to life and apply it to solve real problems. The […]

JamLabs Announces Innovative Online Data Selling Platform

“jShop” Empowers Data Owners to Launch Online Data Shops With a Private Label and an Intuitive Buying Experience. Sell Data, Transform Data Into New Products, Get & Retain Customers and Fulfill Orders. TORONTO, March 22, 2022 (GLOBE NEWSWIRE) — JamLabs Data Science (JamLabs) is launching jShop, a powerful, innovative cloud-based product management platform for companies […]

Mobile Payment Technologies Global Market Report 2022

Major players in the mobile payment technologies market are PayPalInc. , MasterCard, Bharti Airtel, GoogleInc. , Apple Inc. , First Data Corporation, American Express Co. , Vodacom Group, Millicom International Cellular, Mahindra Comviva, Orange, DwollaInc. New York, March 22, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Mobile Payment Technologies Global Market […]

Q2 and ALTR Expand Partnership to Deliver Unparalleled Data Control and Protection to Financial Institutions

ALTR’s patented security technologies and unprecedented combination of data control and protection form the foundation for Q2 Trustview™, powered by ALTR, to provide data governance and security to Q2 banking and lending customers. AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, and ALTR, innovator of complete […]

Wolters Kluwer Compliance Solutions Leader Shares Digital Lending Technology Expertise

HousingWire Q&A points to digital lending’s benefits in mortgage arena in an era of accelerated innovation and digital transformation MINNEAPOLIS–(BUSINESS WIRE)–#digitallending–Businesses are increasingly focused on what can be achieved by shifting from manual to automated processes, especially in terms of attaining greater economies of scale and cost efficiencies. In the world of financial services and […]

CyberLink’s FaceMe® Achieves Perfect Score and is Granted Level 2 Certification in iBeta’s Advanced Anti-Spoofing Test

A 100% spoofing-prevention rate for both 3D printed and resin facial masks, confirms FaceMe® as a leading facial recognition solution for preventing biometric fraud in remote applications, such as online banking, requiring identity verification before granting access to sensitive data or valuable assets. TAIPEI, Taiwan–(BUSINESS WIRE)–#CyberLink–CyberLink Corp. (5203.TW), a pioneer in AI and facial recognition, […]

CyberLink’s FaceMe® Achieves Perfect Score and is Granted Level 2 Certification in iBeta’s Advanced Anti-Spoofing Test

A 100% spoofing-prevention rate for both 3D printed and resin facial masks, confirms FaceMe® as a leading facial recognition solution for preventing biometric fraud in remote applications, such as online banking, requiring identity verification before granting access to sensitive data or valuable assets. TAIPEI, Taiwan–(BUSINESS WIRE)–#CyberLink–CyberLink Corp. (5203.TW), a pioneer in AI and facial recognition, […]

Reigo Doubles Securitization to $200 Million in Residential Bridge Loans

Fintech company that uses AI and machine learning techniques to transform the underwriting process achieves second securitization since June 2021, led by Cantor Fitzgerald; and closes a $13 million Series A funding used to expend R&D and operations TEL AVIV, Israel–(BUSINESS WIRE)–Reigo Investments, a global financial real estate technology company using data science and artificial […]

e.pop Partners with Ecologi to Plant 100,000 Trees in Africa

The partnership enables consumers to participate in reforestation efforts, planting a geotagged tree in their name. One hundred thousand mangrove trees to be planted in Kenya, Uganda and Madagascar NEW YORK CITY–(BUSINESS WIRE)–#RedoReceipts–e.pop, a digital receipts fintech with a mission to transform the payments ecosystem for merchants and consumers, and eliminate paper receipt waste, announced […]

British Direct-to-consumer Modern Luxury Fashion Brand ME+EM Raises £55m to Accelerate International Expansion

● Highland Europe, the growth investor behind Matchesfashion.com, Threads and Huel, is leading the investment ● Female-founded ME+EM is seeing triple digit growth as consumers prioritise higher quality purchases with sustainability credentials ● US, Australia and Middle East are key growth geographies LONDON–(BUSINESS WIRE)–ME+EM – the UK’s first, and fastest growing direct-to-consumer luxury fashion brand […]

Nova Credit and SafeRent Solutions Partner to Increase Housing Opportunities for Immigrants

Innovative Approach Reduces Business Risk While Increasing Opportunity for Newcomers to Access Housing by Tapping Into International Credit History NEW YORK–(BUSINESS WIRE)–Nova Credit, the fintech unlocking opportunities for those historically excluded from the credit system and companies looking to serve them, and SafeRent Solutions, an innovator in resident screening and renters insurance solutions, today announced […]

The Lemonade Foundation Turns to Blockchain to Protect Subsistence Farmers from Climate Change

Lemonade Crypto Climate Coalition to offer climate insurance to the world’s most vulnerable farmers. NEW YORK–(BUSINESS WIRE)–The Lemonade Foundation, the nonprofit founded by Lemonade to effect exponential social and environmental impact through technology, announced today the formation of the Lemonade Crypto Climate Coalition. The coalition is being constituted as a Decentralized Autonomous Organization (DAO), dedicated […]

Galileo Accelerates Latin American Growth with Expansion into Colombia

SoFi’s recent Technisys acquisition cements strategic commitment to Latin America as the definitive standard for vertically integrated financial technology platforms BOGOTA, Colombia–(BUSINESS WIRE)–Galileo Financial Technologies, a subsidiary of SoFi Technologies, Inc. (NASDAQ: SOFI), today announced its recent expansion into Colombia. Galileo is currently providing services in Colombia where it can partner with issuers, banks, ecommerce […]

With a Two-Year Revenue Growth of 71 Percent, Red Fan Communications Ranks No. 126 on Inc. Magazine’s List of the Southwest Region’s Fastest-Growing Private Companies

Companies on the 2022 Inc. 5000 Regionals Southwest list had an average growth rate of 154 percent. AUSTIN, Texas–(BUSINESS WIRE)–Inc. magazine announced today that Red Fan Communications is No. 126 on its third annual Inc. 5000 Regionals Southwest list, the most prestigious ranking of the fastest-growing private companies based in Arizona, New Mexico, Oklahoma, and […]

POSaBIT Enters Two New Markets, Texas and Georgia

SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of point of sale software and payments infrastructure in the cannabis industry, has launched their point of sale and payments solution in two new markets: Texas and Georgia. These are the seventeenth and eighteenth states overall where a POSaBIT solution is active. “As a […]

POSaBIT Enters Two New Markets, Texas and Georgia

SEATTLE–(BUSINESS WIRE)–POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of point of sale software and payments infrastructure in the cannabis industry, has launched their point of sale and payments solution in two new markets: Texas and Georgia. These are the seventeenth and eighteenth states overall where a POSaBIT solution is active. “As a […]

Payfare Powers Cash Back Rewards on Fuel Purchases for Dashers in Response to Surging Gas Prices

TORONTO–(BUSINESS WIRE)–$PAY #gigworkers—Payfare (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for the gig workforce, announces boosted rewards on fuel purchases for all U.S. DoorDash Dashers with a DasherDirect debit card powered by Payfare. Cardholders can now earn 10% cash back on gas, an increase from the existing 2% cash back […]

Canoe Intelligence Wins Business Infrastructure Award at The WealthBriefing WealthTech Americas Awards 2022

NEW YORK, March 22, 2022 (GLOBE NEWSWIRE) — Canoe Intelligence (“Canoe”), a financial technology company redefining data management processes for alternative investors and allocators, today announced the honor of winning the Business Infrastructure award in the US categories at the WealthTech Americas Awards 2022. Showcasing ‘best of breed’ in the Americas, the awards have been […]

Canoe Intelligence Wins Business Infrastructure Award at The WealthBriefing WealthTech Americas Awards 2022

NEW YORK, March 22, 2022 (GLOBE NEWSWIRE) — Canoe Intelligence (“Canoe”), a financial technology company redefining data management processes for alternative investors and allocators, today announced the honor of winning the Business Infrastructure award in the US categories at the WealthTech Americas Awards 2022. Showcasing ‘best of breed’ in the Americas, the awards have been […]

U.S. Payments Forum Resource Provides Clarity on the Use of EMV 3DS For Debit Routing

ENGLEWOOD, Colo., March 22, 2022 (GLOBE NEWSWIRE) — There is an increased interest among payments industry professionals to explore enhanced security and authentication techniques. The U.S. Payments Forum today released a resource which proposes a new solution concept for routing debit transactions that include EMV 3-D Secure (3DS). The EMV 3DS protocol specification facilitates cardholder […]