Techwire


Lexop Closes Expansion Round with Companyon Ventures

New investment will allow Lexop to continue the North American expansion of its digital collections software. MONTREAL–(BUSINESS WIRE)–#NorthAmericanexpansion—Lexop, a self-service software that optimizes the repayment journey for past-due customers, announced today that it raised a round of funding to support the development and expansion of its digital collection solution across North America. The round was […]

IQST – iQSTEL Announces 42% Revenue Growth In January Reaching $6.7 Million For The Month

New York, NY, Feb. 03, 2022 (GLOBE NEWSWIRE) — iQSTEL, Inc. (OTCQX: IQST) has entered 2022 with its sights on growing from $64 million in revenue, which the company anticipates formally reporting in its upcoming annual audited financial report for 2021, to a forecasted $90 million in 2022.  The company is also pursuing an uplisting […]

E-Commerce SaaS Company ‘Swiftline’ Launches to Acquire, Develop, and Operate Integrated Services

Swiftline launches with $12mm Series A financing to accelerate e-commerce businesses NEW YORK–(BUSINESS WIRE)–Swiftline, a new e-commerce SaaS company, announces its launch as an integrated data and technology platform which will enable e-commerce sellers with optimization strategies, business-building solutions, and access to growth capital that drives success. Led by a veteran team of e-commerce and […]

Majesco P&C Core Suite Now Deeply Integrated with Majesco Loss Control 360 to Deliver Unprecedented Underwriting Excellence, Enhanced Profitability and Customer Experience

MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that their market-leading Majesco P&C Core Suite is now deeply integrated with the best-on-class Majesco Loss Control 360 SaaS platforms, both used by reinsurers, insurers, brokers, MGAs and top risk engineering companies. Majesco’s next-gen SaaS core and loss […]

Algbra Unveils its Comprehensive Values-focused & Climate-impact FinTech With Strategic Mastercard Partnership

LONDON–(BUSINESS WIRE)–Algbra, a comprehensive values-focused and climate-impact FinTech, announced a milestone partnership with Mastercard yesterday evening, including joining the payment network’s Priceless Planet coalition. Algbra’s ground-breaking proposition has inclusivity, ethics and sustainability at its heart and requires all partners to sign up to its ethical standards, including clarity on where consumers’ money is held and […]

Tassat® Generates Record Interest From More than 200 Banks in the Digital Interbank Network™ and Names New CEO

40-Bank Working Group Established to Guide Launch of the First Blockchain-based Interbank Payments Network NEW YORK–(BUSINESS WIRE)–#KevinGreene—Tassat Group Inc., sponsor of the Digital Interbank Network (The Network), today announced that they are in discussions with more than 200 banks about joining The Network, which will enable member banks to execute secure and instantaneous real-time payments […]

Fidelity Institutional® Raises the Bar on Its Technology Offering to Better Support Advisors and Their Clients

Enhancements to WealthscapeSM and Wealthscape InvestorSM Provide an Improved User Experience New Integrations and Digital Service Options Help Advisors Become More Efficient New Digital Empowerment Tool Gives Insight into Firms’ Digital Strategy and Adoption BOSTON–(BUSINESS WIRE)–Fidelity Institutional® today announced updates to the WealthscapeSM advisor technology platform, including a refreshed Wealthscape InvestorSM mobile app; updates to […]

Bank of Baroda Embraces Digital Innovation, Improves Customer Service with NCR ATM as a Service

NCR’s end-to-end solution will transform nearly half of the bank’s ATM fleet ATLANTA–(BUSINESS WIRE)–Bank of Baroda, one of India’s largest banks, was looking to quickly increase efficiencies, implement the latest digital technology and deliver a more connected customer experience. With these goals in mind, it selected NCR Corporation (NYSE: NCR), a global enterprise technology provider, […]

Wolters Kluwer Compliance Solutions Partners with Broadridge to Offer Industry-leading Cost Basis Solution

Market-leading GainsKeeper solution extends the overall Broadridge offering to provide an end-to-end solution for tax reporting NEW YORK–(BUSINESS WIRE)–#broadridge—Wolters Kluwer Compliance Solutions and Broadridge Financial Solutions, Inc. (NYSE: BR), a global fintech leader, have enhanced their longstanding relationship by entering into a strategic alliance to provide an industry-leading solution for cost basis and tax reporting […]

Connected Capital Closes €154 Million Second Fund Targeting European B2B SaaS Scale-Ups as Global Demand for Cloud Software Grows

Amsterdam-based Private Equity Firm’s Second Fund is 3x Size of Previous Fund and Brings Total Assets to over €200 Million; New Fund Makes Connected Capital The Largest Pure-Play B2B SaaS Investor in Europe Connected Capital team Connected Capital team AMSTERDAM, Feb. 03, 2022 (GLOBE NEWSWIRE) — Connected Capital, a leading investor exclusively targeting European B2B […]

CoreCard Corporation Schedules Fourth Quarter 2021 Earnings Release and Conference Call

NORCROSS, Ga., Feb. 03, 2022 (GLOBE NEWSWIRE) — CoreCard Corporation (NYSE: CCRD), the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, intends to hold an investor conference call on February 15, 2022, at 11:00 A.M. Eastern Time in conjunction with the company’s earnings release for the […]

Discover Earns a Perfect Score for LGBTQ+ Equality Nine Years in a Row

RIVERWOODS, Ill.–(BUSINESS WIRE)–#fortune500–For the ninth consecutive year, Discover has earned a perfect 100 score and been named a Best Place to Work for LGBTQ+ Equality by the Human Rights Campaign’s Annual Corporate Equality Index, a benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. Discover joins the ranks of more […]

TELUS International Celebrates One Year as a Public Company

TELUS International remains the largest technology IPO in the history of the Toronto Stock Exchange VANCOUVER, British Columbia–(BUSINESS WIRE)–$TIXT—TELUS International (NYSE and TSX: TIXT), a digital customer experience innovator that designs, builds, and delivers next-generation solutions, including AI and content moderation, for global and disruptive brands, is celebrating its one year anniversary as a dual-listed […]

Bay Bridge Ventures Launches Institutional ESG and Sustainability Focused VC Firm ‘Purpose-Built From the Ground Up’

Andrew Karsh leaves CalPERS to launch diverse-owned and managed institutional investment firm focused on scalable, profitable and impactful technology investments in Climate Tech, Health Innovation and Inclusive Capitalism BERKELEY, Calif.–(BUSINESS WIRE)–Bay Bridge Ventures and its strategic advisors today announced the launch of the first purpose-built, institutional ESG and Sustainability focused venture capital firm. Bay Bridge […]

Specialized Landlord InsurTech Brand Steadily Sees Major Growth During 2021

The new challenger brand gains traction in legacy insurance market nationwide Steadily | Landlord Insurance Steadily | Landlord Insurance AUSTIN, Texas, Feb. 03, 2022 (GLOBE NEWSWIRE) — Success continues for Steadily, America’s top-rated landlord insurance company, as it today announces remarkable 7000% growth in gross written premium in 2021. The growth is supported by a 600% […]

Vodafone Business and RingCentral Bring Flexible Cloud Communications Solutions to Organisations Across Europe and Asia

BELMONT, Calif. & LONDON–(BUSINESS WIRE)–Vodafone Business and RingCentral Inc. (NYSE: RNG), a leading provider of global enterprise cloud communications, video meetings, collaboration, and contact centre solutions, today unveiled ‘Vodafone Business UC with RingCentral,’ a powerful new communications platform that brings together RingCentral’s flagship offering RingCentral Message Video Phone™ (MVP™) with Vodafone’s mobility and 5G capabilities […]

ComplyAdvantage Releases 2022 State Of Financial Crime Report

Designed as a strategic roadmap for compliance teams, the comprehensive annual report covers financial crime insights related to SARs, cybercrime, geopolitical hotspots, crypto regulations and, the ever-changing sanctions landscape LONDON & NEW YORK–(BUSINESS WIRE)–ComplyAdvantage, a global data technology company transforming financial crime detection, today announced the availability of the firm’s much anticipated annual report – […]

ING posts 4Q2021 net result of €945 million, FY2021 net result of €4,776 million

ING posts 4Q2021 net result of €945 million,FY2021 net result of €4,776 million 4Q2021 result before tax of €1,331 million; ING’s full-year 2021 result before tax rose 78% • Strong growth in fee income of 17% in 2021, net interest income resilient. • 4Q2021 net core lending growth of €13.4 billion and €30.6 billion in […]

Dashen Bank Accelerate Digital Branch Transformation with CR2 Partnership

ADDIS, Ethiopia–(BUSINESS WIRE)–#BranchTransformation–Dashen Bank (www.dashenbanksc.com) the largest private bank in one of the world’s fastest growing economies – Ethiopia – today announced it has extended its strategic partnership with CR2 (www.CR2.com) as they accelerate their Branch Transformation programme, a key pillar of their overall digital transformation taking place at the bank. This latest strategic initiative […]

Flywire to Announce Fourth Quarter and Full Year 2021 Results on March 2, 2022

BOSTON, Feb. 02, 2022 (GLOBE NEWSWIRE) — Flywire Corporation (Nasdaq: FLYW) a global payments-enablement and software company, today announced that its fourth quarter and full year 2021 financial results will be released after market close on Wednesday, March 2, 2022. Flywire will host a conference call to discuss fourth quarter and full year 2021 financial […]

Fraction Expands to the United States with New Approach to Home Equity Lines of Credit

Launching first in Washington State, the digital platform empowers homeowners with socially conscious financial solutions VANCOUVER, British Columbia–(BUSINESS WIRE)–#fintech—Fraction, a socially-conscious alternative for accessing home equity in a fair way, announces today its availability in the United States. The company’s first launch in Washington State comes on the heels of its $228mm USD debt-equity funding […]

Payliance Enhances Payment Processing Capabilities by Combining with Secure Payments Systems (SPS)

Leaders in payment processing solutions combine to enable consumer payment choice. COLUMBUS, Ohio–(BUSINESS WIRE)–Payliance, a Columbus, Ohio-based leader in payment processing solutions, today announced it has acquired Secure Payment Systems (SPS), a Las Vegas, Nevada-based leading provider of payment processing solutions for small to national retailers, government, and service providers. The combined company will be […]

UK Insurtech Policy Expert Surpasses One Million Home and Motor Customers

LONDON–(BUSINESS WIRE)–Policy Expert, the UK insurtech for home and motor insurance, has passed the milestone of one million live policyholders, doubling its customer base in less than three years as it builds on a decade of sustained growth. The business was founded in 2010 and sold its first home insurance policy in May 2011. Since […]

Lake Shore Bancorp, Inc. Announces Full Year 2021 and Fourth Quarter Financial Results

DUNKIRK, N.Y., Feb. 02, 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 $1.8 million, or $0.31 per diluted share, for the fourth quarter of 2021 compared to net income of $1.2 million, or $0.21 per diluted […]

Cross River and PayTile Join Forces to Deliver Location-Based Payments Platform

PayTile Pioneers the Use of Geo-Location to Offer Quick, Cashless Payments to Users Cross River continues to power leading financial services innovators, ensuring seamless, safe and secure transactions FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (“Cross River”), a technology-driven financial services organization that provides core infrastructure and embedded financial solutions, today announced that it will be […]

CLARA Analytics Takes On Escalating Commercial Auto Claims With Its AI-Driven Litigation Avoidance Engine

SANTA CLARA, Calif.–(BUSINESS WIRE)–#AI–As commercial auto losses continue to climb, CLARA Analytics (“CLARA”), the leading provider of artificial intelligence (AI) technology in the commercial insurance industry, releases its latest Litigation for Commercial Auto, empowering insurers to evaluate litigation risk, identify the best attorneys for each claim, resolve claims quickly, and control escalating costs. Powered with […]

Outseer Expands Industry-Leading Fraud Protection into Emerging Payments Categories

Outseer Emerging Payments™ builds on decades of fraud prevention and machine learning innovation with new solution for Buy Now, Pay Later installments BEDFORD, Mass.–(BUSINESS WIRE)–Outseer, the leader in payment authentication and monitoring solutions, introduces the next step in its strategic evolution with Outseer Emerging Payments™. This announcement marks Outseer’s first expansion beyond its market leading […]

John Marshall Bank Launches Fourth Fintech Lending Solution Partnership

RESTON, Va.–(BUSINESS WIRE)–Committed to offering best-in-class business banking services, John Marshall Bank (JMB) announced it has entered into a definitive agreement with an innovative new Small Business Administration (SBA) 7(a) loan processing platform, LendUX from Reliant Business Valuation. This technology will enable JMB to provide its small business customers greater and easier access to financing. […]

Provenir Achieves Record Growth in New Customers and Revenue in 2021

AI-powered risk decisioning provider realizes a 190+ percent increase in new customers and a 55 percent SaaS revenue increase, amid continued global expansion PARSIPPANY, N.J.–(BUSINESS WIRE)–#banking—Provenir, a global leader in AI-powered risk decisioning software, today announced record growth in 2021, achieving a 194 percent increase in new customers and a 55 percent increase in Software-as-a-Service […]

THG Adds Nuvei as Global Payments Provider

Nuvei Payment Technology Partner MONTREAL and LONDON, Feb. 02, 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 gone live as a payment provider with THG plc, the global technology platform company specialising in taking brands direct to […]

GreenBox POS (NASDAQ: GBOX) Leveraging Market Opportunities in Blockchain Payment Space

NEW YORK, Feb. 02, 2022 (GLOBE NEWSWIRE) — via InvestorWire — GreenBox POS (NASDAQ: GBOX) today announces its placement in an editorial published by NetworkNewsWire (“NNW”), one of 50+ trusted brands within the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities. To view the full publication, “The Payment Revolution: […]

Q2 Introduces Helix: Banking as a Service to Make Finance Human

AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced the introduction of Helix, the evolution of Q2’s Banking-as-a-Service (BaaS) platform. As a cloud-native core purpose built for embedded finance, Helix enables any innovative company to offer differentiated banking products that are personalized to serve the […]

BlueOne Card Inc. Announces the U.S. Retail Launch of its Prepaid Mastercard

The Company will offer its Prepaid MasterCard in retail liquor stores throughout the United States LOS ANGELES, Feb. 02, 2022 (GLOBE NEWSWIRE) — BlueOne Card, Inc. (“BlueOne Card”, “Company”) (OTC Pink: BCRD), is pleased to announce their planned February retail sales launch of their flagship product, the BlueOne Card in the United States. The BlueOne […]

Nuvei to Host Capital Markets Day on March 28, 2022

MONTREAL, Feb. 02, 2022 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the global payment technology partner of thriving brands, today announced it will host its inaugural Capital Markets Day in New York, on Monday, March 28, 2022. Management will provide insights and an update on the Company’s business, solutions […]

Bipsync and Canoe Intelligence Team to Streamline Collection and Categorization of Investment Documents

The collaboration between Bipsync and Canoe streamlines and automates the investment document collection and categorization processes for clients and delivers superior content management for investors to make more informed investment decisions. NEW YORK, Feb. 02, 2022 (GLOBE NEWSWIRE) — The best-of-breed RMS provider, Bipsync, partners with Canoe Intelligence (“Canoe”), a financial technology company redefining data management processes […]

OLB Group Achieves Annual Transaction Volume Run Rate of $1.35 Billion Following CBD Merchants Acquisition

Annual Revenue Run Rate for eCommerce Merchant Services, Anticipated to be Approximately $36 Million and Positive EBITDA for 2022. Merchants Acquisition is Expected to Add $25 Million to Revenue for 2022 NEW YORK–(BUSINESS WIRE)–The OLB Group, Inc. (“OLB,” “we,” “us,” “our,” or the “Company”), a diversified Fintech eCommerce merchant services provider and Bitcoin cryptocurrency mining […]

Great Hill Partners Completes Fundraise for Eighth Growth Buyout Fund with $4.65 Billion of Commitments

Vehicle to Continue Firm’s Strategy of Investing in Rapidly Growing and Disruptive Companies Across Five Core Sectors BOSTON–(BUSINESS WIRE)–Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies, today announced the completion of its fundraising for Great Hill Equity Partners VIII, L.P. (the “Fund”) with total commitments of $4.65 billion, inclusive of […]

BackBay Communications Announced More Than 160 Private Markets Investments for Clients in 2021

Specialist private equity communications firm also publicized 15 fund closes totaling $18.3 billion on behalf of private markets clients in 2021 BOSTON–(BUSINESS WIRE)–BackBay Communications, a leading integrated financial services public relations, thought leadership, and digital marketing firm, today announced it promoted 162 deal announcements on behalf of its private markets clients in 2021. Since the firm’s […]

Bitcoin Well Enters Into Innovative Agreement With Unified MMA

EDMONTON, Alberta, Feb. 02, 2022 (GLOBE NEWSWIRE) — Bitcoin Well Inc. (“Bitcoin Well” or “BTCW”), a technology company building and utilizing products that offer safe and easy ways to buy, sell and use bitcoin, is pleased to announce an innovative agreement with Unified MMA that will allow Unified MMA fighters to be paid their fight […]

BitNile Holdings Issues January Bitcoin Production and Mining Operation Report

LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”), today published an unaudited update on Bitcoin production and miner installation. The number of miners and production capacity metrics within this press release represent the S19j Pro Antminers at the Michigan data center. BitNile’s Bitcoin mining production is […]