Techwire


TradePMR Enhances New Account Opening Capabilities to Support Advisor Growth

As independent advisors continue to add new clients and grow share of wallet, automated custodial solution helps streamline onboarding processes GAINESVILLE, Fla.–(BUSINESS WIRE)–#Custodian—TradePMR, a technology and custodial services provider for registered investment advisors (RIAs), today announced new enhancements to its account-opening capabilities aimed at streamlining the new client onboarding process. The latest enhancements allow advisors […]

Tricolor Issues $288M ABS Social Bond to Support Scale and Advance Financial Inclusion in Underserved Hispanic Communities

Responsible lender’s third issuance of the year and fifth social bond overall was oversubscribed 7.8X and will be used to support upward financial mobility and expand financial inclusion for low income, credit invisible Hispanics DALLAS, Oct. 07, 2024 (GLOBE NEWSWIRE) — Tricolor today announced a $288 million social bond – its third this year and […]

ICE Mortgage Monitor: Average Payment Hits All-Time High; Spiking Insurance Costs Rising at 3X the Rate of Principal, Interest, and Taxes

– The average monthly payment (principal, interest, taxes and insurance, or PITI) among active mortgages hit a record $2,070 in August; up $140 (+7.2%) from last year and $399 (+19.3%) since the start of 2020 – Average PITI on loans originated in the last two years is $600 per month higher than that of 2020/2021 […]

$65+ Billion RegTech Market Analysis (2024-2032) by Component, Deployment Mode, Enterprises Size, Application, End-user, Region – Identify Emerging Trends and Lucrative Investment Opportunities

RegTech Market RegTech Market Dublin, Oct. 07, 2024 (GLOBE NEWSWIRE) — The “RegTech Market Report by Component, Deployment Mode, Enterprises Size, Application, End User, Region (2024-2032)” report has been added to ResearchAndMarkets.com’s offering. The global RegTech market reached US$ 13.2 billion in 2023. Looking forward, the market is expected to reach US$ 65.7 billion by […]

Chimney Collaborates with Jack Henry to Revolutionize How Financial Institutions Engage with Homeowners

Community and regional financial institutions can now show home value, home equity, educational resources, and personalized guidance and offers within their banking app NEW YORK–(BUSINESS WIRE)–Chimney™, a fintech company transforming how financial institutions use property data, announced that its product suite, including its newest innovation, Chimney Home, is now accessible through the Jack Henry™ digital […]

Main Street Financial Services Corp. Announces Dividend Reinvestment Plan for Shareholders

WOOSTER, Ohio, Oct. 07, 2024 (GLOBE NEWSWIRE) — Main Street Financial Services Corp. (OTCQX:MSWV), (the “Company”), the holding company parent of Main Street Bank Corp. (the “Bank”) announced today that it has implemented a Dividend Reinvestment Plan (DRIP) as part of the Computershare Investment Plan. The DRIP will provide eligible Main Street Financial Services Corporation […]

Toronto Hosts its Fourth Annual Refugee Hiring Event Connecting 600 Refugees with Top Employers

TORONTO, Oct. 07, 2024 (GLOBE NEWSWIRE) — Toronto is hosting its fourth annual Refugee Hiring Event on October 7th, 2024, bringing together over 600 pre-screened refugees and displaced individuals with leading local employers. Organized by the Refugee Jobs Agenda Roundtable, the event aims to create meaningful employment opportunities and support the integration of refugees into […]

Storfund Launches Groundbreaking Financing Solution with TikTok Shop

Daily Advance from Storfund cracks the complexity of ecommerce cash flow on a global scale and the agreement will see the solution deployed in the US LONDON–(BUSINESS WIRE)–Fintech Storfund has announced a new partnership with TikTok Shop that will introduce the first fully embedded cash flow solution in a major US marketplace, an innovation set […]

Digital Payment Research Report 2024: Global Market to Grow by $19.19 Trillion by 2032, Fueled by FinTech Innovations in Contactless Payments, QR Codes, and Blockchain

Digital Payment Market Digital Payment Market Dublin, Oct. 07, 2024 (GLOBE NEWSWIRE) — The “Digital Payment Market Report, Forecast by Type, Offering, End User, Countries and Company Analysis, 2024-2032” report has been added to ResearchAndMarkets.com’s offering. The global digital payment market was valued at US$ 8.97 Trillion in 2023 and the figure is expected to […]

EveryLife and PublicSquare Extend "Buy For a Cause" Efforts to Support Families Affected by Hurricane Helene

“Buy For a Cause” Extended Through October 11th Amid Record-Breaking Response WEST PALM BEACH, Fla.–(BUSINESS WIRE)–EveryLife, America’s fastest-growing diaper company and a wholly owned subsidiary of PublicSquare (NYSE: PSQH), is extending its partnership with PublicSquare to provide immediate assistance to families impacted by Hurricane Helene. In response to record-breaking generosity and the vast ongoing need, […]

National Bank Holdings Corporation Announces Date for 2024 Third Quarter Earnings Release

DENVER, Oct. 04, 2024 (GLOBE NEWSWIRE) — National Bank Holdings Corporation (NYSE: NBHC) expects to report its third quarter financial results after the markets close on Tuesday, October 22, 2024. Management will host a conference call to review the results at 11:00 a.m. Eastern Time on Wednesday, October 23, 2024. Interested parties may listen to […]

Hyperscale Data’s Defense Subsidiaries Seeing Increase in Demand

LAS VEGAS–(BUSINESS WIRE)–$AGREE #AGREE—Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company (“Hyperscale Data,” or the “Company”), today announced that two of its defense industry subsidiaries, Enertec Systems 2001 Ltd. and Digital Power Corporation, are seeing an increase in demand for their products, which they believe are due to the current situation in the […]

ZoomInfo Copilot Named a Finalist in The 2024 A.I. Awards

Go-To-Market Platform Recognized in “AI Implementation of the Year” Category from International Cloud Artificial Intelligence Awards Program   Key Takeaways ZoomInfo Copilot is one of seven finalists in the inaugural awards program, cementing its place as an innovative AI platform for go-to-market teams This recognition is a testament to the innovation and tangible benefits of ZoomInfo’s […]

Breslin Appointed to Board of Directors of JBT Bancorp, Inc.

JONESTOWN, Pa., Oct. 04, 2024 (GLOBE NEWSWIRE) — JBT Bancorp, Inc. (OTCQX: JBTC), the holding company of Jonestown Bank & Trust Co. (JBT), recently announced that effective October 1, 2024, Gina Breslin has been appointed to the JBT Bancorp, Inc. and JBT Board of Directors. Breslin is a Shareholder and Consultant with North Group Consultants, […]

Beneficient Appoints Patrick J. Donegan to Board of Directors

DALLAS, Oct. 04, 2024 (GLOBE NEWSWIRE) — Beneficient (NASDAQ: BENF) (“Ben” or the “Company”), a technology-enabled financial services holding company, today announced the appointment of Patrick J. Donegan as an independent member of the Company’s Board of Directors as of September 30, 2024. In addition to being an independent director, he was appointed to serve […]

HomeTrust Bank Committed to Serving Local Communities Following Hurricane Helene

ASHEVILLE, N.C., Oct. 03, 2024 (GLOBE NEWSWIRE) — While the full impact of Hurricane Helene and its aftermath, including catastrophic rain and flooding, is still unknown, relief efforts continue, and HomeTrust Bank is committed and prepared to serve its employees and customers who were affected. “Our thoughts and prayers are with the many families and […]

CSI Customer Signature Bank of Arkansas Opens New Banco Sí Branch, Flagship Location Celebrates Two-Year Anniversary

Powered by CSI, the community bank’s fully bilingual bank division provides Spanish-only banking services to Springdale’s growing population PADUCAH, Ky. & SPRINGDALE, Ark.–(BUSINESS WIRE)–Signature Bank of Arkansas, a community bank headquartered in Northwest Arkansas, recently opened its second Banco Sí location in Springdale. The new banking experience allows the bank to reach new customers and […]

Priority Makes Plastiq Simpler and More Accessible: All Features Now Available Free for All Businesses

ALPHARETTA, Ga.–(BUSINESS WIRE)–Priority has announced a significant change to its bill pay solution, Plastiq. Effective immediately, Plastiq is removing its subscription tiers, making all features – including those previously reserved for premium plans – completely free to use for all businesses. Users will only pay a transparent transaction fee per use. “At Priority, we understand […]

Counterpart Adds General Liability Coverage to Bolster Miscellaneous Professional Liability Offering

The new line simplifies the process for both brokers and their clients to get coverage for their most complex exposures LOS ANGELES–(BUSINESS WIRE)–Counterpart, a leading management and professional liability insurtech, today announced the addition of General Liability (GL) insurance to its Miscellaneous Professional Liability (MPL) product line. This new offering provides small businesses access to […]

Stenn Opens Atlanta Office

New U.S. headquarters supports global fintech’s strategic growth and expansion plans ATLANTA–(BUSINESS WIRE)–Stenn, the leading digital fintech enabling growth for businesses engaged in international trade, e-commerce and digital services, today announced the opening of its new United States headquarters in Atlanta. As a leading fintech hub in the U.S., opening an Atlanta office solidifies Stenn’s […]

iCapital® and Bridge Investment Group Launch Enhanced Performance Reporting for Alternative Investors

The new feature enables investors to access interactive and comprehensive performance reporting for both closed-end and open-ended funds, powered by iCapital’s technology and data solutions. NEW YORK–(BUSINESS WIRE)–#alternatives—iCapital1, the global fintech platform driving access to alternative investments, and Bridge Investment Group (NYSE: BRDG) (“Bridge”), a leading alternative asset manager with more than $48 billion in […]

Visa Announces Pilot Launch of Visa Commercial Solutions Hub to Unify Its Commercial Payments Ecosystem

New global platform will enable seamless management of business payments with efficient, intuitive and easy to implement solutions SAN FRANCISCO–(BUSINESS WIRE)–Visa (NYSE:V), a global leader in digital payments, announced a new commercial payments ecosystem, the Visa Commercial Solutions Hub. This strategic initiative will provide financial institutions and businesses efficient access to a wide range of […]

Independent Bankers Association of Texas and Community Capital Launch the “IBAT Loan Marketplace,” Streamlining Portfolio Management for Texas Banks

Texas community banks can now more efficiently source and close loan transactions – from participations to new loan originations. AUSTIN, Texas–(BUSINESS WIRE)–#bankinnovation–The Independent Bankers Association of Texas (IBAT) announces Community Capital Technology Inc. (Community Capital) as an official “Endorsed Provider” and the launch of the “IBAT Loan Marketplace,” a digital platform designed to empower Texas […]

Luminar Media Group/ Fortun Reports 3rd Quarter Results, Surpassing Forecasts and Demonstrating Impressive Growth

MIAMI, Oct. 03, 2024 (GLOBE NEWSWIRE) — Luminar Media Group, Inc. (OTCMARKETS: LRGR), a small business revenue-based finance company with a focus on Hispanic and minority-owned businesses, has released its financial results for the 3rd Quarter of 2024. The report highlights substantial growth across key financial and operational metrics, further solidifying Fortun’s expanding presence in […]

CompoSecure Earns Sustainability Silver Medal from EcoVadis for Second Consecutive Year, Placing in the Top 15% of Companies Globally

Strengthened commitment to sustainability practices results in a 7-point improvement Year-over-Year SOMERSET, N.J., Oct. 03, 2024 (GLOBE NEWSWIRE) — CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, was awarded a Silver Medal by EcoVadis, a globally recognized leader in business sustainability ratings, for the second consecutive year. This accolade […]

OKX Adds ETH/BTC to Dual Investment Product, Lists MOODENG, NEIRO, PYUSD and EIGEN

NASSAU, the Bahamas, Oct. 03, 2024 (GLOBE NEWSWIRE) — OKX, a leading crypto exchange and global Web3 technology company, has issued updates for October 3, 2024. OKX Adds ETH/BTC to Dual Investment Product, Lists MOODENG, NEIRO, PYUSD and EIGEN OKX today announced the addition of ETH/BTC to its Dual Investment product, as well as the listing […]

Summit Partners Raises $9.5 Billion for Twelfth U.S. Growth Equity Fund

Latest flagship fund will continue the firm’s longstanding focus on investing in profitable growth businesses BOSTON & MENLO PARK, Calif. & NEW YORK & LONDON–(BUSINESS WIRE)–#GrowthEquity–Summit Partners, a global growth equity investment firm, today announced the closing of its latest flagship U.S. growth equity fund. Summit Partners Growth Equity Fund XII (“Summit XII”) launched fundraising […]

Circle Appointed to Board Position on U.S. Government-led Partnership to Combat Illicit Finance

The new Illicit Virtual Asset Network (IVAN) is a global public-private partnership to identify and counter criminal threats and activity in real-time BOSTON–(BUSINESS WIRE)–Circle announced today that it holds an inaugural three-year seat on the board of directors of the new Illicit Virtual Asset Network. The group, known as IVAN, brings together governments, law enforcement […]

Tyfone, FinGoal Partner to Deliver Personalized Financial Insights to Account Holders

PORTLAND, Ore.–(BUSINESS WIRE)–#FinGoal–Digital banking solutions provider Tyfone today announced it has partnered with FinGoal to enable financial institutions (FIs) to deliver personalized products and resources to account holders. FinGoal’s Insight Platform turns transaction data into highly detailed personas and next best actions for every account holder. Going beyond the standard of merely cleaning transactions with […]

Invenco by GVR Announces an Array of Product and Solutions to Drive Innovation and Customer Success

Greensboro, NC, Oct. 02, 2024 (GLOBE NEWSWIRE) — Invenco by GVR, a worldwide retail and payment technology leader, announced strategic product initiatives focused on unified payment, remote management, and productivity. These initiatives reflect the company’s ongoing commitment to delivering cutting-edge solutions that meet the evolving needs of its global customer base:  Invenco by GVR Debuts […]

“We’re on a Mission,” says new iconectiv Operativ Task Force

Elite Team of Experts Tackles Real-World Challenges, Powering a Trusted Global Communications Ecosystem BRIDGEWATER, N.J.–(BUSINESS WIRE)–In a world where trust is fragile, identity is priceless and fraud lurks in darkness, there is a critical need for skilled experts ready to take on a wide range of challenges plaguing the global communications ecosystem. Enter the new […]

Fiserv Small Business Index® Steady for September as Spend Shifts to Services

Fiserv Small Business Index is unchanged at 141 Small business sales grew 1.8% year over year, and 0.1% month over month; transactions grew 4.0% year over year, and declined 0.6% month over month MILWAUKEE–(BUSINESS WIRE)–Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, has published the Fiserv Small Business Index […]

Rossby Financial Partners with Seeds to Empower Advisors with Personalized Portfolio Management at Scale

Seeds and Rossby pinpoint the solution to a long-standing industry dilemma: how can advisors deliver a more meaningful investing experience without additional operational complexity? NEW YORK–(BUSINESS WIRE)–#AdvisorExperience—Rossby Financial (“Rossby”)—a tech-forward, open architecture enterprise RIA—is proud to announce its partnership with Seeds Investor (“Seeds”)—a leading fintech company enabling advisors to create a personalized investing experience and […]

Backbase and Middesk Partner to Boost KYB Verification for Banks and Credit Unions

Middesk’s integration will enable financial institutions to verify real businesses instantaneously, reducing fraud and ensuring compliance ATLANTA–(BUSINESS WIRE)–Backbase, the creator of the Engagement Banking Platform, announced today an integration with Middesk, a business identity platform designed to automate business verification and underwriting decisions to help banks and credit unions to mitigate risk and reduce fraud. […]

Adaptive’s New Control Plane Ends Long-Standing Disconnect Between Data Protection and IAM

With global customers like M2P and recent funding led by Eve Atlas, the scalable zero-trust solution brings modern, enterprise-grade data protection and access control in one to the midmarket ATLANTA–(BUSINESS WIRE)–#AI–Today, Adaptive announced its modern new approach to data protection — a control plane that brokers access and safeguards sensitive information. By protecting data closer […]

Options Technology Redefines Market Data Transparency with the Launch of its Atlas Product Suite

NEW YORK & LONDON & HONG KONG–(BUSINESS WIRE)–Options Technology (Options), a leading provider of capital markets services, today announced the relaunch of its network, market data, and trading infrastructure solutions under a new brand umbrella: Atlas. Atlas, a comprehensive suite of four integrated products, is designed to deliver best-in-class performance and unparalleled transparency for market […]

SoFi Launches Directed Share Platform for U.S. IPOs and Capital Raises, Powered by PrimaryBid

New Platform Enables Companies to Expand Participation to Individual Investors in Public Offerings SAN FRANCISCO & LONDON–(BUSINESS WIRE)–$SOFI–SoFi Technologies, Inc. (NASDAQ: SOFI), a member-centric, one-stop shop for digital financial services that helps members borrow, save, spend, invest and protect their money, and PrimaryBid Technologies Inc., a leading capital markets fintech firm, today announced the launch […]

Totavi Announces New Suite of Marketing Services to Fuel Fintech Growth

Responding to demand from fintech clients, Totavi launches additional services designed to support rapid growth PASADENA, Calif.–(BUSINESS WIRE)–Totavi, a fintech consulting firm that prides itself on deep operational experience launching market-leading products, today announced a suite of marketing services to help financial organizations of all sizes establish brand awareness, acquire new customers, and drive revenue […]

Wolters Kluwer Wins 2024 International Business Award for Beneficial Ownership Reporting Tool

Recognition highlights growing public awareness around new Corporate Transparency Act reporting MINNEAPOLIS–(BUSINESS WIRE)–#CTCorp–Wolters Kluwer has earned an International Business Award for its work in helping businesses comply with new, beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act (CTA). Wolters Kluwer won in the Business Technology Solution achievement category for its Beneficial Ownership […]

FIS Launches Digital Trading Storefront to Revolutionize Cross Asset Trading

Key facts FIS has launched its Digital Trading Storefront, a scalable online platform that brings easy access and hyper-personalized experiences to digital trading across a wide variety of asset classes and markets. New solution gives clients the ability to reimagine their digital presence for the money at work phase of the money lifecycle. Digital Trading […]

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