Techwire


ICE Benchmark Administration launches Beta ICE Term SOFR Reference Rates

LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited (IBA) has launched an indicative, Beta version of its ICE Term SOFR Reference Rates. The Beta ICE Term SOFR Reference Rates (“ICE Term SOFR”) are designed to measure expected (i.e. forward-looking) SOFR rates […]

‘Bridge by BNP Paribas’ to Provide Digital Capital Introduction Services for Institutional Investors

Strengthens and widens the bank’s capital introduction offering and the range of innovative Prime Services solutions BNP Paribas offers to institutional investors globally NEW YORK & LONDON & HONG KONG–(BUSINESS WIRE)–BNP Paribas, Europe’s leading financial institution, today announces the launch of ‘Bridge by BNP Paribas’ – the bank’s digital capital introduction platform, offered exclusively to […]

Announcing Fyncr, the First All-in-One Credit Card Bill Payments Mobile App

FinTech Startup launches first-ever mobile app providing a one stop solution for credit card bill payments, reward earning and spending marketplace NEW YORK–(BUSINESS WIRE)–#creditcards–Remove the pressure of paying multiple credit card bills on different banking platforms with Fyncr, the first all-in-one-card bill payment mobile application in the United States that aims to help people better […]

BitNile Holdings’ Subsidiary, TurnOnGreen, to Install Commercial EV Chargers in Exclusive Bel Air Shopping Center

LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (the “Company”), announced today that its green energy technology and power supply subsidiary, TurnOnGreen, Inc. (“TurnOnGreen”), has partnered with The Glen Centre, in Los Angeles, Calif. to expand the property’s electric vehicle charging capabilities for its thousands of annual visitors. The electrification […]

Amplify ETFs Announces the Amplify Emerging Market FinTech ETF (EMFQ)

EMFQ replaces the Amplify International Online Retail ETF (XBUY) CHICAGO, Feb. 10, 2022 (GLOBE NEWSWIRE) — Amplify ETFs announces its newly appointed fund, the Amplify Emerging Markets FinTech ETF (NYSE: EMFQ), an index-based ETF investing in emerging market and frontier market companies that derive significant revenue from financial technology (FinTech) and technology-enabled financial applications. EMFQ […]

Neo Banking Market 2022-2029 Top Leading Players, Emerging Trends, Business Strategies, Revenue, and Research Report by Absolute Reports

Pune, Feb. 10, 2022 (GLOBE NEWSWIRE) — Global Neo Banking Market report delivers a complete overview of key components like drivers, limitations, historic and current trends, technical development, and future growth. Research report contains company analysis, size, share, revenue and sales of the company, current advancements. Neo Banking market analysis also focuses on the global key […]

Temenos Helps Challenger Banks Go Live in Weeks With New Banking Services on the Temenos Banking Cloud

Over 70 challenger banks select Temenos Banking Cloud as their platform of choice GENEVA, Switzerland–(BUSINESS WIRE)–Temenos (SIX: TEMN), the banking software company, today launched new Temenos Banking Services designed specifically to meet the unique requirements of challenger banks. These services can be deployed rapidly on the Temenos Banking Cloud, accelerating challengers’ time-to-market with innovative products […]

SumUp to Use Worldpay from FIS to Support Global Expansion and Growth

Worldpay from FIS selected by SumUp to provide global acquiring services. SumUp will utilise Worldpay’s scale to support continued global expansion. LONDON–(BUSINESS WIRE)–Financial technology leader FIS® (NYSE: FIS) has today announced that global fintech SumUp will use Worldpay’s merchant solutions portfolio, as the Europe-based fintech leader continues its global expansion. London-based SumUp supports over 3.5 […]

Thoughtworks Selected by Standard Chartered to Expand and Transform Digital Banking Services for Customers Globally

A multi-year program to develop a new cloud-based strategy and build future ready infrastructure for retail and wealth customers worldwide SINGAPORE–(BUSINESS WIRE)–Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering to drive digital innovation, today announced that it has been selected by international banking group Standard Chartered as the partner to […]

Net 1 Reports Second Quarter 2022 Results

JOHANNESBURG, South Africa, Feb. 09, 2022 (GLOBE NEWSWIRE) — Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS; JSE: NT1) today released results for the second fiscal quarter ended December 31, 2021. Highlights: Continued momentum in Easy Pay Everywhere (“EPE”), ending the quarter with just under 1.1 million EPE accounts as of December 31, 2021; At December 31, […]

i-payout Is a Gold Level Sponsor to the Direct Selling Legal and Compliance Summit in Austin, Texas

i-payout’s Direct Selling Solution Team is Available for In-Person Meetings During the Summit Austin, Texas, Feb. 09, 2022 (GLOBE NEWSWIRE) — i-payout is pleased to announce their Gold-Level sponsorship of the Direct Selling Legal and Compliance Summit 2022 in Austin, TX. The Direct Selling Legal and Compliance Summit will be held on February 16-18 and […]

Receivables SaaS platform Chaser launches SMS invoice chasing to help users reduce late payments

Chaser logo Chaser logo LONDON, Feb. 09, 2022 (GLOBE NEWSWIRE) — Chaser, the global accounts receivables SaaS platform and credit control service provider, today released SMS invoice chasing functionality to allow users to send invoice payment reminders to their customers that are otherwise hard to reach by email.  On average, emails receive a 25% open […]

North Dakota Growth Fund Adds Two Investments

Investments Now at $22.5 Million FARGO, N.D.–(BUSINESS WIRE)–50 South Capital Advisors, LLC, the general partner of the recently-formed North Dakota Growth Fund, is pleased to announce the fund’s most recent investments: LongWater Opportunities, a leading lower middle market private equity firm with offices in Fargo as well as Dallas, Texas; and Homegrown Capital, an early […]

Edmond Walters Joins YieldX Board of Advisors

Walters brings decades of wealth management industry experience that will help shape the future of YieldX’s disruptive fintech and investment management platform MIAMI–(BUSINESS WIRE)–#AdamGreen—YieldX, the fintech company reimagining income investing, welcomes the Founder of eMoney Advisor and Apprise Labs, LLC, Edmond Walters, to its board of advisors. A renowned innovator in financial advisor technology who […]

Tillful Teams Up with Highnote and Mastercard to Introduce the Tillful Card, Helping Small Businesses Access and Build Business Credit Faster

The first-of-its-kind Tillful Card aims to create a more inclusive credit system Tillful Teams Up with Highnote and Mastercard to Introduce the Tillful Card Tillful Card SAN FRANCISCO, Feb. 09, 2022 (GLOBE NEWSWIRE) — Tillful, the leading business credit platform for small and medium-sized businesses (SMBs), today announced it is working with Highnote and Mastercard […]

CLARA Analytics Launches AI Initiative for Claims Management With Nationwide

COLUMBUS, Ohio & SANTA CLARA, Calif.–(BUSINESS WIRE)–#AI—CLARA Analytics (“CLARA”) has announced it will partner with Nationwide to provide the leading artificial intelligence (AI) technology in the commercial insurance industry for a new program aimed at improving workers’ compensation claims operations using AI. Nationwide will implement CLARA’s Triage and Treatment solutions, which use AI and advanced […]

Clik2pay Boosts Capabilities with the Launch of Mobile App for Small Businesses

New app provides a simple and inexpensive way to request, receive and track payments TORONTO–(BUSINESS WIRE)–Payment service provider Clik2pay continues to add to its feature set with the launch of the new Clik2pay mobile app. This first-of-its-kind product allows merchants to collect funds from consumers, who can pay easily and securely online directly from their […]

Nav introduces more certainty for small businesses, with the launch of instant financing

Through its partnership with Enova SMB, Nav continues to make it easier for small businesses to access capital SALT LAKE CITY, Feb. 09, 2022 (GLOBE NEWSWIRE) — Nav Technologies, Inc. (“Nav”), the simple and intelligent financing platform that makes it easy for small businesses to compare their financing options, today announced an expansion to their […]

Paving the Way to Expert Investment Guidance for All

Pave launches Pave Finance, the first institutional-quality, algorithmically driven financial advice app available to all investors NEW YORK–(BUSINESS WIRE)–Pave, a financial technology company, is pleased to announce the launch of its new financial advisory app, Pave Finance: the first institutional-quality, algorithmically-driven financial advice app available to all investors for a low monthly fee. Pave is […]

 XTM Signs Iconic Art & Hospitality Brand Drake Hotel to Its Today™ Program Digital Payout Solution

 Legendary Drake Hotel Properties, an arts-infatuated hospitality brand, re-opens dining with efficiency, energy and a big buzz. XTM also welcomes Drake Devonshire and Motor Inn located in Prince Edward County and Drake One Fifty in Toronto’s financial district. MIAMI & TORONTO–(BUSINESS WIRE)–XTM, Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami […]

$89.1 Bn Digital Payment Market by Component, Deployment Mode, Organization Size, Vertical and Region – Global Forecast to 2026

Global Digital Payment Market Global Digital Payment Market Dublin, Feb. 09, 2022 (GLOBE NEWSWIRE) — The “Global Digital Payment Market by Component (Solutions (Payment Processing, Payment Gateway, Payment Wallet, POS Solution, Payment Security and Fraud Management) and Services), Deployment Mode, Organization Size, Vertical and Region – Forecast to 2026” report has been added to ResearchAndMarkets.com’s […]

EMTECH Announces First Digital Regulatory Platform for Central Banks and Fintechs Built to Usher in the Age of Regulatory Innovation for the Digital Currency Era

Unlocking Unprecedented Value by Modernizing Central Banking for the Web3 Era NEW YORK–(BUSINESS WIRE)–#centralbank—EMTECH, the modern worldwide provider of central banking digital infrastructure, today announced it has launched the first multi-country and multi-regulator solution for central banks, financial regulators and Fintech solution providers, the EMTECH Digital Regulatory Platform (DRP). The DRP is a groundbreaking solution […]

CCC Acquires Insurtech Safekeep

Acquisition of AI leader helps to advance CCC’s vision for straight-through processing across the claims lifecycle Safekeep is a leading enterprise platform digitizing subrogation across P&C insurance lines of business CHICAGO–(BUSINESS WIRE)–CCC Intelligent Solutions (CCC), a leading SaaS platform for the P&C insurance economy, announces it has acquired Safekeep, an AI leader in subrogation claims […]

Payfare Enhances Digital Banking Solution with the Addition of Early Direct Deposit

TORONTO–(BUSINESS WIRE)–$PAY #gigworkers—Payfare Inc. (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for the gig workforce, today announced an enhancement to its digital banking solution with the addition of early direct deposit. Payfare, who partners with some of the world’s largest gig platforms, already offers U.S. based users instant access to […]

SMC/Genesis Financial Announces Completion of 2019 and 2020 PCAOB Audits in preparation for S-1 Registration Filing

Charleston, SC, Feb. 09, 2022 (GLOBE NEWSWIRE) — SMC Entertainment, Inc. (“SMC” or the “Company”) (OTC: SMCE) and its majority-owned subsidiary, Genesis Financial, Inc. (“Genesis”) – an integrated financial technology company (“Fintech”) with a full suite of digital financial services solutions, are pleased to announce the completion of fiscal years 2019 and 2020 financial statement […]

Tricolor Wins LendIt Fintech Industry Awards for Excellence in Financial Inclusion

Tricolor recognized for innovative, A.I. and data-driven approach to reversing economic inequality and enabling financial inclusion for underserved Hispanics DALLAS, Feb. 09, 2022 (GLOBE NEWSWIRE) — Tricolor today announced it has been named the LendIt Fintech Industry Award winner for Excellence in Financial Inclusion. Tricolor was honored for its use of advanced technology as the […]

Pagaya Partners With Ally to Expand Access to More Customers

The company is partnering with Ally Financial and its Card products, to expand credit access NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–Pagaya, a financial technology company that enables financial institutions to expand access to more customers through its artificial intelligence (AI) network, today announced its new partnership with Ally Financial’s credit card business (formerly Fair […]

EIS Marks Year Anniversary of Life and Annuities Expansion with Two Leading Group Insurers Signed and New Products Released

Releases three new products with industry-leading features, fueled by investments in R&D and strong global market interest SAN FRANCISCO, Feb. 09, 2022 (GLOBE NEWSWIRE) — EIS, a core and digital platform provider for leading insurers, commemorated the one-year anniversary of the expansion of its core EIS Suite™ to carriers in the life and annuities markets by […]

Greenlight and Ty Burrell Team up to Shine a Light on Financial Literacy During the Big Game With New Ad Campaign

Leading family fintech company unveils first-ever Big Game commercial titled “I’ll Take It” ATLANTA–(BUSINESS WIRE)–Greenlight® Financial Technology, Inc. (“Greenlight”), the family fintech company on a mission to help parents raise financially-smart kids, today announced its Big Game debut with a new ad campaign starring Emmy®-winning actor and comedian Ty Burrell. The campaign shines a light […]

Singapore FinTech STACS Partners CSOP Asset Management as Blockchain Platform Provider for OTC Derivatives Trade Processing

Platform eliminates and streamlines bespoke trade matching parameters, resolving trade exceptions in real-time for asset managers SINGAPORE–(BUSINESS WIRE)–CSOP Asset Management Pte. Ltd. (‘CSOP’) and leading Singapore FinTech firm, Hashstacs Pte Ltd (‘STACS’) today announced the completion of their Over-the-Counter (‘OTC’) Derivatives Trade Processing prototype, built by STACS on its Distributed Ledger Technology (‘DLT’)-based platform, Vetta. […]

Clikalia Raises Euro 75 Million in Financing Round Co-led by Softbank Vision Fund 2 and Fifth Wall

Series C-1 funding will accelerate Clikalia’s growth across Europe and Mexico MADRID–(BUSINESS WIRE)–Clikalia, one of Europe’s leading real estate platforms, today announced the successful close of its Series C-1 funding round co-led by SoftBank Vision Fund 2 and Fifth Wall, with participation from existing investors Luxor Capital and Guillaume Pousaz. Proceeds from the round will […]

Connect Financial Announces L2 Arbitrum Migration Integrated and Live

Connect L2 Arbitrum Live. Connect L2 Arbitrum Live. CALGARY, Alberta, Feb. 08, 2022 (GLOBE NEWSWIRE) — Connect Financial, an innovative cryptocurrency financial platform, announces today the successful completion of their L2 Arbitrum migration and launches its full capabilities on the Connect Financial ecosystem. Connect Financial combines both DeFi and CeFi technologies within their platform where […]

Cambridge Savings Bank Provides TransCOR Information Technologies With Custom Lending Solution to Complete Business Succession Plan

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, announced that its Commercial Lending team provided a lending package to facilitate TransCOR Information Technologies’ business succession plan. Retiring from his post as president, TransCOR’s founder recently sold the company to long-time employee, Derek […]

Hubpay, the Cross-Border Wallet in MENAP, Becomes First Fintech to Hold EMI License in UAE and Pakistan, as It Raises $20 Million Series A, Led by Signal Peak Ventures

Hubpay team Hubpay team DUBAI, Arab Emirates, Feb. 08, 2022 (GLOBE NEWSWIRE) — MENAP-focused fintech Hubpay raises $20 million in Series A round. Hubpay has launched a cross-border digital wallet to drive financial inclusion across the region, offering zero-cost remittances. Signal Peak Ventures led the round, its first investment in the Arabian Gulf, joined by […]

Andersen Global Strengthens Foothold in the British Virgin Islands

SAN FRANCISCO–(BUSINESS WIRE)–#agexpansion–Following its recent expansion into the British Virgin Islands (BVI), Andersen Global adds dimension to its platform in the territory with collaborating firm Chorus International Services (BVI) Limited (Chorus-Global). Founded in 2019, Chorus-Global is a financial services provider specializing in the delivery of select corporate, fiduciary, governance, regulatory and fintech services from the […]

U+ Report Predicts Fintech Market to Reach $324 billion in 2026

Client-centric businesses are predicted to reign in the fintech industry as venture capitalists seek smart investments and customers chase savings and customer-friendly integrations Open Banking Open banking is a trending innovative banking solution within the fintech sector. SAN FRANCISCO, Feb. 08, 2022 (GLOBE NEWSWIRE) — U+, a leading global digital innovation company, announces the release […]

American Public Life Expands Relationship with FINEOS to Significantly Advance Data Transformation with Employee Benefit Administrators

The FINEOS Engage Smart Connectors empower and simplify the digital transformation of data, reducing manual effort and errors while dramatically increasing operational efficiencies ATLANTA–(BUSINESS WIRE)–#APL—FINEOS Corporation (ASX:FCL) today announced that American Public Life Insurance Company (APL), a leading provider of supplemental worksite benefits, has invested again in the FINEOS Platform by licensing FINEOS Engage Smart […]

SmartDeFi™ by FEG – Build Your Next Token the SmartDeFi™ Way

GLASGOW, Scotland, Feb. 08, 2022 (GLOBE NEWSWIRE) — via CryptoCurrencyWire — The FEG project (“FEG,” “FEG Token” or “FEGtoken”) today introduces SmartDeFi™, its revolutionary cryptocurrency launchpad platform. Crypto technology has grown at an astonishing rate in recent years, particularly over the last year. Adoption of cryptocurrencies continues to rise as organizations across the globe seriously […]

Global Rewards Partners with The Bancorp to Advance the Offerings of its Corporate Spend Platform

LAKEWOOD, N.J.–(BUSINESS WIRE)–#fintech–Global Rewards, a leading financial technology company serving businesses of all sizes, is pleased to announce a newly-formed partnership with The Bancorp, Inc. (NASDAQ:TBBK) and its subsidiary The Bancorp Bank. This collaboration allows Global Rewards to continue its mission to simplify corporate disbursement and employee spend and comes at a time when businesses […]

New York City Improves Access for Customers with Self-Service Payment Technology at Business Centers

The Department of Finance is working with government technology company CityBase to provide accessible payment kiosks at Queens and Bronx Business Centers NEW YORK–(BUSINESS WIRE)–#NYC–The New York City Department of Finance today announced the availability of self-service payment options for customers paying in person at its business centers in the Bronx and Queens. The Department […]