Techwire

80% of Small-Medium Businesses Adopted or Expanded Digital Business Models – New Majesco Research thumbnail

80% of Small-Medium Businesses Adopted or Expanded Digital Business Models – New Majesco Research

Heightened expectations among businesses are driving a demand for a digital era of insurance that embrace new technologies and approaches MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the availability of its annual report on the changing landscape of small-medium businesses (SMB), SMB Insurance Customers: Growth […]

ICE Announces Record Growth in Renewable Fuel Contracts thumbnail

ICE Announces Record Growth in Renewable Fuel Contracts

NEW YORK & LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced rapid growth in its U.S. Renewable Identification Numbers (RINs) and European Biofuels derivatives, reflecting the increasing use of biofuels by the road transportation sector to reduce emissions. RINs are credits which track the compliance of […]

Scout Gaming Chooses Nuvei as Payment Provider for US Expansion thumbnail

Scout Gaming Chooses Nuvei as Payment Provider for US Expansion

Nuvei will power online payments for Scout Gaming’s US-based daily fantasy sports offering, FanTeam Nuvei Payment Technology Partner MONTREAL and LAS VEGAS, March 03, 2022 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the global payment technology partner of thriving brands, announces today that it has partnered with Scout Gaming, the […]

LendingUSA™ Introduces FastScreen™ Customer Prescreen Tool for the Funeral Home Industry in Partnership With TransUnion thumbnail

LendingUSA™ Introduces FastScreen™ Customer Prescreen Tool for the Funeral Home Industry in Partnership With TransUnion

LendingUSA’s enhanced instant decisioning capability uses TransUnion’s Instant Prescreen solution to automatically qualify new and existing customers for prescreened offers within seconds. LendingUSA logo and TransUnion Logo LendingUSA logo and TransUnion Logo SHERMAN OAKS, Calif., March 03, 2022 (GLOBE NEWSWIRE) — LendingUSA, a leading point-of-need fintech company, introduces a new tool, FastScreen, to funeral home […]

TSB Bank Accelerates Innovation with Dynatrace in its Drive to Become an All-Digital Bank

TSB Bank Accelerates Innovation with Dynatrace in its Drive to Become an All-Digital Bank

Full-stack observability and advanced AIOps dramatically reduce manual effort and enable teams to deliver seamless customer experiences faster and more efficiently WALTHAM, Mass.–(BUSINESS WIRE)–Software intelligence company Dynatrace (NYSE: DT) today announced TSB Bank is using the Dynatrace® platform to accelerate innovation as it expands digital services for its customers. TSB built a modern multicloud banking […]

DoorDash and Payfare Announce Exclusive Cash Back Rewards with DasherDirect thumbnail

DoorDash and Payfare Announce Exclusive Cash Back Rewards with DasherDirect

U.S. Dashers will have access to exclusive cash back rewards from national retailers SAN FRANCISCO & TORONTO–(BUSINESS WIRE)–$PAY #gigworkers–Today, DoorDash (NYSE: DASH) and Payfare Inc. (TSX: PAY) launched an exclusive expanded rewards program for Dashers across the United States. Now, DasherDirect cardholders can enjoy new savings including up to 6% cash back at participating restaurants, […]

Fintech Startups Given Chance to Join ‘Hotbed of Innovation’ at 2022 FIS Fintech Accelerator thumbnail

Fintech Startups Given Chance to Join ‘Hotbed of Innovation’ at 2022 FIS Fintech Accelerator

Key facts: Fintech startups and growth-stage companies are encouraged to apply for the 2022 FIS Fintech Accelerator and the opportunity to accelerate the development of their innovative solutions. Ten companies will be selected to present their solutions to more than 100 leading financial institutions, potential investors and industry participants. April 15 is the deadline to […]

Drip Capital Named to Y Combinator’s Top Companies List thumbnail

Drip Capital Named to Y Combinator’s Top Companies List

PALO ALTO, Calif.–(BUSINESS WIRE)–Drip Capital, Inc., a leading cross-border digital trade finance platform, has been named to Y Combinator’s Top Companies list. Listed and ranked by valuation, Drip Capital joins other notable Y Combinator fintech alumni like Stripe, Coinbase and Brex on the Top Companies list. This year’s list includes 267 public and private companies […]

Small to Midsize Banks Benefit from Reduced Fraud with Award-Winning Fiserv Solution Leveraging FICO Analytics thumbnail

Small to Midsize Banks Benefit from Reduced Fraud with Award-Winning Fiserv Solution Leveraging FICO Analytics

Payments and financial technology leader wins FICO® Decisions Award for AI, machine learning & optimization, using advanced fraud technologies SAN JOSE, Calif.–(BUSINESS WIRE)–#banking–FICO (NYSE: FICO): Highlights: Fiserv wins a 2022 FICO® Decisions Award for fraud management Fiserv has reduced fraud losses 10 to 15% for its financial institution clients False declines decreased by 20% for […]

CaixaBank Group, D-Wave Collaborate on Innovative New Quantum Applications for Finance Industry thumbnail

CaixaBank Group, D-Wave Collaborate on Innovative New Quantum Applications for Finance Industry

Leading bank in Spain becomes the first in the world to apply quantum computing in investment portfolio hedging calculation in the insurance sector With quantum computing, CaixaBank has seen an up to 90% decrease in time-to-solution for investment portfolio hedging and portfolio optimization, among other business benefits VALENCIA, Spain & BURNABY, British Columbia–(BUSINESS WIRE)–CaixaBank, the […]

SmartBank Selects nCino to Increase Speed and Simplify Commercial Loans thumbnail

SmartBank Selects nCino to Increase Speed and Simplify Commercial Loans

Community bank chooses nCino’s robust, single platform to best serve its community WILMINGTON, N.C., March 03, 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 $4 billion-asset sized SmartBank, a subsidiary of SmartFinancial, Inc. (“SmartFinancial” or the “Company”; […]

SmartBank Selects nCino to Increase Speed and Simplify Commercial Loans thumbnail

SmartBank Selects nCino to Increase Speed and Simplify Commercial Loans

Community bank chooses nCino’s robust, single platform to best serve its community WILMINGTON, N.C., March 03, 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 $4 billion-asset sized SmartBank, a subsidiary of SmartFinancial, Inc. (“SmartFinancial” or the “Company”; […]

Veritex Holdings, Inc. Announces Acquisition of interLINK, a Technology-Enabled Deposit Gathering and Processing Platform thumbnail

Veritex Holdings, Inc. Announces Acquisition of interLINK, a Technology-Enabled Deposit Gathering and Processing Platform

Enhances liquidity with flexible access to approximately $5.7 billion of core deposits Provides low-cost, stable core deposits to fund sustainable long-term growth Financially attractive with double-digit run-rate EPS accretion DALLAS, March 03, 2022 (GLOBE NEWSWIRE) — Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex” or the “Company”), the parent holding company for Veritex Community Bank, today announced […]

Veritex Holdings, Inc. Announces Acquisition of interLINK, a Technology-Enabled Deposit Gathering and Processing Platform thumbnail

Veritex Holdings, Inc. Announces Acquisition of interLINK, a Technology-Enabled Deposit Gathering and Processing Platform

Enhances liquidity with flexible access to approximately $5.7 billion of core deposits Provides low-cost, stable core deposits to fund sustainable long-term growth Financially attractive with double-digit run-rate EPS accretion DALLAS, March 03, 2022 (GLOBE NEWSWIRE) — Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex” or the “Company”), the parent holding company for Veritex Community Bank, today announced […]

Veritex Holdings, Inc. Announces Commencement of Common Stock Offering thumbnail

Veritex Holdings, Inc. Announces Commencement of Common Stock Offering

DALLAS, March 03, 2022 (GLOBE NEWSWIRE) — Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex” or the “Company”), the parent holding company of Veritex Community Bank, announced today that it has commenced an underwritten public offering of shares of its common stock. The Company intends to grant the underwriters a 30-day option to purchase additional shares of […]

Veritex Holdings, Inc. Announces Commencement of Common Stock Offering thumbnail

Veritex Holdings, Inc. Announces Commencement of Common Stock Offering

DALLAS, March 03, 2022 (GLOBE NEWSWIRE) — Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex” or the “Company”), the parent holding company of Veritex Community Bank, announced today that it has commenced an underwritten public offering of shares of its common stock. The Company intends to grant the underwriters a 30-day option to purchase additional shares of […]

OneConnect to Hold Annual General Meeting on April 8, 2022

OneConnect to Hold Annual General Meeting on April 8, 2022

SHENZHEN, China–(BUSINESS WIRE)–OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in China, today announced that it will hold its annual general meeting (the “AGM”) of shareholders of 2022 at 55F, Ping An Financial Center, No. 5033 Yitian Road, Futian District, Shenzhen, Guangdong, People’s Republic of […]

CU Direct Connect Changes Name to Origence Lending Services, Experiences 105% Growth in Credit Union Funded Loans in 2021 thumbnail

CU Direct Connect Changes Name to Origence Lending Services, Experiences 105% Growth in Credit Union Funded Loans in 2021

Centennial, Colorado, March 02, 2022 (GLOBE NEWSWIRE) — CU Direct Connect, an industry leader in lending operations support solutions, announced it has changed its name to Origence Lending Services, a CU Direct brand. The new name reflects the evolution of the company, while also more closely aligning its products and services with the Origence brand, […]

Flywire Reports Fourth Quarter and Fiscal Year 2021 Financial Results thumbnail

Flywire Reports Fourth Quarter and Fiscal Year 2021 Financial Results

Fourth Quarter Revenue Increased 55% Year-over-Year Fourth Quarter Revenue Less Ancillary Services Increased 56% Year-over-Year Fourth Quarter Total Payment Volume Increased 75% Year-over-Year Company Provides Fiscal Year 2022 Outlook BOSTON, March 02, 2022 (GLOBE NEWSWIRE) —  Flywire Corporation (Nasdaq: FLYW) (the “Company”) a global payments enablement and software company, today reported preliminary and unaudited financial […]

Flywire Reports Fourth Quarter and Fiscal Year 2021 Financial Results thumbnail

Flywire Reports Fourth Quarter and Fiscal Year 2021 Financial Results

Fourth Quarter Revenue Increased 55% Year-over-Year Fourth Quarter Revenue Less Ancillary Services Increased 56% Year-over-Year Fourth Quarter Total Payment Volume Increased 75% Year-over-Year Company Provides Fiscal Year 2022 Outlook BOSTON, March 02, 2022 (GLOBE NEWSWIRE) —  Flywire Corporation (Nasdaq: FLYW) (the “Company”) a global payments enablement and software company, today reported preliminary and unaudited financial […]

PickleJar Presents Revolutionary Women of Music Hosted by Kelly Ford and Featuring Lindsay Ell, Erin Kinsey, Ruthie Collins and Kristy O of American Young thumbnail

PickleJar Presents Revolutionary Women of Music Hosted by Kelly Ford and Featuring Lindsay Ell, Erin Kinsey, Ruthie Collins and Kristy O of American Young

No Cover Charge for the Showcase on March 5 at Tropicana in Las Vegas Ford Will Also Lead PickleJar’s Content Capture for “Sharla McCoy’s Nashvegas Live! National Broadcast Event” Leading Up to the ACM Awards LAS VEGAS, NV, March 02, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — PickleJar, the live entertainment and artist payments app, announces today […]

PickleJar Presents Revolutionary Women of Music Hosted by Kelly Ford and Featuring Lindsay Ell, Erin Kinsey, Ruthie Collins and Kristy O of American Young thumbnail

PickleJar Presents Revolutionary Women of Music Hosted by Kelly Ford and Featuring Lindsay Ell, Erin Kinsey, Ruthie Collins and Kristy O of American Young

No Cover Charge for the Showcase on March 5 at Tropicana in Las Vegas Ford Will Also Lead PickleJar’s Content Capture for “Sharla McCoy’s Nashvegas Live! National Broadcast Event” Leading Up to the ACM Awards LAS VEGAS, NV, March 02, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — PickleJar, the live entertainment and artist payments app, announces today […]

Remitly Reports Fourth Quarter and Full Year 2021 Results thumbnail

Remitly Reports Fourth Quarter and Full Year 2021 Results

Active customers up 50% year over yearSend volume up 64% year over yearRevenue up 69% year over year SEATTLE, March 02, 2022 (GLOBE NEWSWIRE) — Remitly Global, Inc. (NASDAQ: RELY), a leading digital financial services provider for immigrants and their families in over 150 countries around the world, reported results for the fourth quarter and […]

Digital Homeownership Company Better Expands Mortgage Services to Hawaii and New Hampshire thumbnail

Digital Homeownership Company Better Expands Mortgage Services to Hawaii and New Hampshire

The expansion into Hawaii and New Hampshire increases reach of the company’s mortgage services to 99% of U.S. market NEW YORK–(BUSINESS WIRE)–#FHA—Better, one of the fastest-growing digital homeownership companies, announced today that Better Mortgage launched services in two additional states: Hawaii and New Hampshire. The expansion, on the heels of Better Mortgage’s launch in Massachusetts […]

Real-Time Payments Industry Is Predicted To Reach US$ 16 Bn In 2022, And Is Expected To Grow At A CAGR Of 33 % By the End of 2032 thumbnail

Real-Time Payments Industry Is Predicted To Reach US$ 16 Bn In 2022, And Is Expected To Grow At A CAGR Of 33 % By the End of 2032

Real-Time Payments Market Analysis by Product Type (P2B, B2B, P2P, Others), by Component (Solutions, Services), by Deployment (Cloud, On-Premise), by Enterprise Size (Large Enterprises, SMEs), and Region- 2022 to 2032 ROCKVILLE, Md., March 02, 2022 (GLOBE NEWSWIRE) — Fact.MR foresees that the demand for real-time payments is projected to expand at a CAGR of 33% […]

Real-Time Payments Industry Is Predicted To Reach US$ 16 Bn In 2022, And Is Expected To Grow At A CAGR Of 33 % By the End of 2032 thumbnail

Real-Time Payments Industry Is Predicted To Reach US$ 16 Bn In 2022, And Is Expected To Grow At A CAGR Of 33 % By the End of 2032

Real-Time Payments Market Analysis by Product Type (P2B, B2B, P2P, Others), by Component (Solutions, Services), by Deployment (Cloud, On-Premise), by Enterprise Size (Large Enterprises, SMEs), and Region- 2022 to 2032 ROCKVILLE, Md., March 02, 2022 (GLOBE NEWSWIRE) — Fact.MR foresees that the demand for real-time payments is projected to expand at a CAGR of 33% […]

Haus Launches Home Equity Security Token $HAUS, Laying the Groundwork For a Completely New Marketplace Backed by the World’s Largest Asset Class thumbnail

Haus Launches Home Equity Security Token $HAUS, Laying the Groundwork For a Completely New Marketplace Backed by the World’s Largest Asset Class

Accomplishment Marks Another First in Fintech as Haus Continues Its Mission to Make Homeownership Accessible SAN FRANCISCO–(BUSINESS WIRE)–$HAUS #affordability—Haus today announced the launch of HausCoin ($HAUS), a completely new financial infrastructure offering an alternative to the debt and interest driven Mortgage Backed Security (MBS) markets with a new equity driven marketplace. Built on Ethereum blockchain, […]

CryptoBucks Launches White Label Software Solution That Makes Digital Payments More Simple, Seamless & Smart Than Ever Before thumbnail

CryptoBucks Launches White Label Software Solution That Makes Digital Payments More Simple, Seamless & Smart Than Ever Before

New Offering Allows Merchants in Domestic United States to Accept Cryptocurrency as Form of Payment Welcome to web3 Welcome to web3 MIAMI, March 02, 2022 (GLOBE NEWSWIRE) — It’s the dawn of a new era for the world of digital currencies as CryptoBucks, the world’s first cryptocurrency payment processing app, announced today the launch of […]

CryptoWorldCon, the Largest Conference Focused on Blockchain, Crypto, NFT, Metaverse, Bitcoin, Will Be Happening in Miami thumbnail

CryptoWorldCon, the Largest Conference Focused on Blockchain, Crypto, NFT, Metaverse, Bitcoin, Will Be Happening in Miami

CryptoWorldCon CryptoWorldCon MIAMI, March 02, 2022 (GLOBE NEWSWIRE) — With less than 30 days away, CryptoWorldCon (CWC), the event of blockchain technology and cryptocurrencies focused on cutting-edge schemes and trends in the blockchain market, will kick off Miami’s BitCoin Weekend April 1-2, 2022, held at one of Miami’s most prominent and renowned venues, the James […]

Cape Privacy Launches Self-Service Enterprise Solution to Enable Secure Predictions thumbnail

Cape Privacy Launches Self-Service Enterprise Solution to Enable Secure Predictions

Platform Runs Predictive Models on Encrypted Data Optimized for Snowflake SAN FRANCISCO, March 02, 2022 (GLOBE NEWSWIRE) — Cape Privacy, the platform that enables businesses to run predictive machine learning models on encrypted data, today announced the availability of its self-service enterprise solution optimized for the Snowflake data cloud. Businesses can now use Cape Privacy […]

EverC Appoints Ed Shenker to Chief Revenue Officer, Expanding Team in the U.S. thumbnail

EverC Appoints Ed Shenker to Chief Revenue Officer, Expanding Team in the U.S.

Shenker was listed among The Software Report’s top 25 software sales executives of 2021 NEW YORK and TEL AVIV, Israel, March 02, 2022 (GLOBE NEWSWIRE) — EverC, the pioneer in risk management and cyber intelligence for payment organizations, today announced the addition of Ed Shenker as the company’s new Chief Revenue Officer (CRO), based in […]

Invictus Growth Partners Acquires Revation Systems thumbnail

Invictus Growth Partners Acquires Revation Systems

The acquisition includes additional capital to accelerate the growth of its flagship solution, LinkLive, the most secure, artificial intelligence-enabled CCaaS platform. SAN FRANCISCO–(BUSINESS WIRE)–Revation Systems (“Revation”), a leader in cloud-based engagement and communication solutions, has closed a majority investment from Invictus Growth Partners (“Invictus”). Founded in 2003, Revation developed the industry’s most secure messaging and […]

Worldpay from FIS Eases Navigation of Global Crypto Regulations thumbnail

Worldpay from FIS Eases Navigation of Global Crypto Regulations

Key facts Worldpay from FIS has partnered with Shyft Network to enable merchants to easily comply with current and evolving regulatory requirements. Shyft Network’s infrastructure will keep merchants compliant with evolving Crypto regulation reflected in the FATF (Financial Action Task Force) Travel Rule guidance. A leader in Card-to-Crypto processing, Worldpay provides services for 4 of […]

GTreasury Partners with Infor, Empowering Customers with Enhanced Treasury Management Functionality thumbnail

GTreasury Partners with Infor, Empowering Customers with Enhanced Treasury Management Functionality

The partnership is designed to help customers visualize, analyze, and act on their cash positions with automated data integration between GTreasury and Infor CHICAGO, March 02, 2022 (GLOBE NEWSWIRE) — GTreasury, a treasury and risk management platform provider, today announced its partnership with Infor, a global leader in industry-focused business cloud software solutions. The deal enables […]

Austin Capital Acquires Candor Ventures thumbnail

Austin Capital Acquires Candor Ventures

Austin Capital General Partners acquires Candor Ventures to bolster its incubation and acceleration capabilities Photo 1 Candor Ventures management team (from left to right): Noah Berkson, Peter Larsen, and Raul Henriquez. IRVINE, Calif., March 02, 2022 (GLOBE NEWSWIRE) — Austin Capital General Partners, LLLP (“Austin Capital”) announces its strategic acquisition of Candor Ventures, a venture […]

KDDI Advances O-RAN Compliant 5G Standalone Virtualized Base Stations in Japan with HPE Telco Infrastructure thumbnail

KDDI Advances O-RAN Compliant 5G Standalone Virtualized Base Stations in Japan with HPE Telco Infrastructure

Open RAN and vRAN workload-optimized HPE server accelerates large-scale 5G deployment and delivers reduced footprint and resilience to accommodate 5G base station requirements TOKYO–(BUSINESS WIRE)–Hewlett Packard Enterprise (NYSE: HPE) today announced that KDDI, a leading Japanese telecommunications provider, is using the HPE ProLiant DL110 Gen10 Plus – Telco server for the commercial network operation of […]

ORIGENCE DELIVERS RECORD $57.4 BILLION IN CREDIT UNION LOANS IN 2021 thumbnail

ORIGENCE DELIVERS RECORD $57.4 BILLION IN CREDIT UNION LOANS IN 2021

Credit Unions on the CUDL Auto Lending Network were Nation’s Top Auto Lender in 2021 Irvine, March 01, 2022 (GLOBE NEWSWIRE) — Origence, a CU Direct brand, a leader in lending technology solutions, today announced that it had delivered a record amount in credit union loans through its lending platforms in 2021.  Credit unions funded […]

Razer Signs as Official Peripherals Partner With Envy Gaming thumbnail

Razer Signs as Official Peripherals Partner With Envy Gaming

Exclusive multi-year collaboration adds top esports teams and creators from Envy and OpTic Gaming to Team Razer roster IRVINE, Calif.–(BUSINESS WIRE)–#envy–Razer, the leading global lifestyle brand for gamers (Hong Kong Stock Code: 1337), today announced a multi-year, wide-ranging sponsorship that will see popular esports and entertainment group Envy Gaming name Razer as its Official Peripherals […]

TIS Shares Best Practices and Enables Compliance Capabilities for Customers Impacted by Russian Sanctions thumbnail

TIS Shares Best Practices and Enables Compliance Capabilities for Customers Impacted by Russian Sanctions

Recent sanctions against Russia’s banking and political community necessitate thorough screening of all cross-border financial transactions by international businesses TIS Company Logo TIS Company Logo BOSTON, March 01, 2022 (GLOBE NEWSWIRE) — TIS, a global leader in enterprise B2B payments, today announced a new initiative to help international businesses mitigate the impact of recent sanctions […]

Edge Focus Bolsters Fintech Expertise with Multiple Strategic Appointments thumbnail

Edge Focus Bolsters Fintech Expertise with Multiple Strategic Appointments

NEW YORK & CHICAGO–(BUSINESS WIRE)–#edgefocus–Edge Focus, a technology company that applies machine learning and artificial intelligence to analyze credit, is pleased to announce the appointment of Neel Mehta as Chief Marketing Officer, YeeMan Bergstrom as Principal Data Scientist, and Martin Bligh as Principal Engineer. These appointments build on the success of 2021 and signal the […]

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