Techwire


EagleBank Provides Acquisition Financing for Affordable Housing Complex in Southeast Washington, D.C.

Funding will support the renovation of a 379-unit, fully affordable multifamily housing community BETHESDA, Md., Feb. 02, 2022 (GLOBE NEWSWIRE) — EagleBank, one of the largest community banks in the Washington, D.C. area, today announced it provided $51 million in financing to support the acquisition and renovation of the Stanton Glenn Apartments, a 379-unit affordable […]

CR2 Explores What Lies Ahead for Banks in a Post-pandemic Future: A deep-dive into the challenges and opportunities in Africa, the Middle East and Asia

DUBLIN–(BUSINESS WIRE)–As the world emerges from a pandemic which has seen both market dynamics and consumer behaviours change, CR2 (www.cr2.com), along with senior banking leaders and market influencers, tease out some off the key trends that they feel will impact and shape banks of the future. The report, ‘The Bank of the Future’ looks at […]

Nuvei to Announce Fourth Quarter and Fiscal Year 2021 Results on March 8, 2022

MONTREAL, Feb. 01, 2022 (GLOBE NEWSWIRE) — Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI), the global payment technology partner of thriving brands, today announced it will release its financial results for the three months and year ended December 31, 2021 before market open on Tuesday, March 8, 2022. The Company also expects to provide its Financial […]

BlackRock Announces Release of Fourth Quarter Commentaries for Certain Closed-End Funds (BIGZ, BSTZ, BMEZ, BCAT, and ECAT)

NEW YORK–(BUSINESS WIRE)–BlackRock today announced the release of quarterly fund commentaries for BlackRock Innovation and Growth Trust (NYSE: BIGZ), BlackRock Science and Technology Trust II (NYSE: BSTZ), BlackRock Health Sciences Trust II (NYSE: BMEZ), BlackRock Capital Allocation Trust (NYSE: BCAT), and BlackRock ESG Capital Allocation Trust (NYSE: ECAT) (the “Funds”) for the fourth quarter of […]

RAYL Innovations Extends SuperApp Offering With Commercial Launch of RAYL.ApptivePro

VANCOUVER, British Columbia, Feb. 01, 2022 (GLOBE NEWSWIRE) — RAYL Innovations Inc. (“RAYL” or the “Company“), is pleased to announce that pursuant to the news release dated May 04, 2021, the Company has received overwhelming validation of the RAYL.Apptive SuperApp, with continued customer growth and attrition near zero. Following extensive customer feedback, there was significant […]

CEO’s of SOFI, XTMIF LSPD, and AFRM Leading Fintech Megatrends With Trillion Dollar Global Opportunities

NEW YORK, Feb. 01, 2022 (GLOBE NEWSWIRE) — Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from CEO’s of: SoFi Technologies (NASDAQ: SOFI), XTM, Inc. (OTC: XTMIF) (CSE: PAID), Affirm Holdings (NASDAQ: AFRM) and Lightspeed Commerce (NYSE: LSPD) (TSX: LSPD). Emerging megatrends in […]

defi SOLUTIONS Business Process Outsourcing (BPO) Implements State-of-the-Art Technology: Amazon Lex, chatbots with conversational AI, and Genesys®, a global cloud leader in customer experience orchestration

Working remotely or in-facility, defi team members offer digital, AI-enabled experience to lenders and their borrowers WESTLAKE, Texas–(BUSINESS WIRE)–#autofinance–defi SOLUTIONS is pleased to announce the implementation of both Amazon Lex and Genesys Cloud CX™ to empower its business process outsourcing team that represents lenders from across the US and in Canada. The Genesys Cloud CX […]

FirstBank Boosts Loan Officer Productivity by 20% with Total Expert

All-in-one CRM and customer experience platform delivers a better partner and borrower experience at scale MINNEAPOLIS, Feb. 01, 2022 (GLOBE NEWSWIRE) — At FirstBank, a leading regional bank with approximately $11.9 billion in total assets and 82 full-service branches across the Southeast, loan officers used to rely on multiple platforms to manage relationships with partners […]

AMTD Group Marches into the Metaverse Full Scale in Alliance with its SpiderNet Ecosystem Members and Business Partners

NEW YORK & HONG KONG & SINGAPORE–(BUSINESS WIRE)–AMTD Group and its subsidiaries including AMTD International (“AMTD IDEA Group”) (NYSE: AMTD, SGX:HKB), a company dual-listed on NYSE and SGX, together with the recent acquisitions of AMTD Digital Inc. and L’Officiel Inc SAS; AMTD Education; and AMTD Alpha Assets, alongside with the AMTD SpiderNet Ecosystem members and […]

Onyx Advisor Network and Advisor Circle Launch #RiseTogether Campaign and Partnership at Future Proof Festival

Throughout Black History Month and Women’s History Month, Future Proof’s Changing Faces of Wealth initiative bridges the diversity and equity gap in financial services experienced by underrepresented groups BOSTON & SACRAMENTO, Calif.–(BUSINESS WIRE)–#AdvisorCircle–The Onyx Advisor Network (Onyx), a comprehensive entrepreneurial support platform for minority-led financial advisory firms, and Advisor Circle, a product and content studio […]

Insurance Billing and Payments Moves from Back Office Function to Growth Accelerator – New Thought Leadership from Deloitte and Majesco

MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the availability of a new joint thought leadership report from Deloitte and Majesco which highlights overarching trends within billing and payments and how it is impacting decisions, opportunities, and growth. The report leverages recent market research and executive […]

The Change Company Closes First Ever Residential Mortgage Backed Securitization Comprised Entirely of CDFI Originated Loans

First ever RMBS transaction comprised entirely of mortgage loans originated by a Community Development Financial Institution was also designated a Social Bond by Institutional Shareholder Services. $297 million of residential mortgage loans backed the significantly oversubscribed ESG issuance which included over two dozen institutional investors. Offering allows Change to improve the cost of capital for […]

GWI Raises Over $180M to Continue Building the Future of Audience Insights Technology

UK-founded technology company secures Series B investment from Permira’s growth fund LONDON–(BUSINESS WIRE)–GWI, the leading audience insights company, announces it has raised over $180 million in Series B funding, valuing the company at over $850 million. Financing was led by Permira’s growth fund. Founded in 2009 by CEO, Tom Smith, GWI has become the leading […]

MarketAxess Announces Chief Information Officer Succession

Nash Panchal, formerly of Goldman Sachs, to succeed Nick Themelis as CIO NEW YORK, Feb. 01, 2022 (GLOBE NEWSWIRE) — MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, today announced that Nash Panchal will […]

2022 Payments Summit Agenda Features In-Depth Sessions on Mobile and Contactless Trends, BNPL, Fraud Mitigation, Cryptocurrency and Authentication

Event to include prominent speakers from across the global payments landscape ENGLEWOOD, Colo., Feb. 01, 2022 (GLOBE NEWSWIRE) — The Secure Technology Alliance’s 2022 Payments Summit will feature a full agenda of industry-defining topics. Sessions will explore contactless and NFC innovations, buy now, pay later and peer-to-peer transactions. It will also cover cryptocurrency, open payments, […]

Vergent Partners With Outsourcing Solutions Group for Accounts Receivable Services

RIDGELAND, Miss.–(BUSINESS WIRE)–Vergent LMS, a premier fintech lending platform, announced its partnership with Outsourcing Solutions Group (OSG), a consortium of best-in-class accounts receivable service providers, to integrate accounts receivable management solutions for clients. All lenders, regardless of size, face challenges managing and growing their businesses. Vergent and OSG have collaborated to develop a comprehensive solution […]

Amount acquires Linear Financial Technologies

With the acquisition, Amount creates a unique platform that can power both consumer and small business loan origination programs for financial institutions CHICAGO–(BUSINESS WIRE)–Amount, a banking technology provider offering account opening, loan origination and BNPL financing solutions, announced today the acquisition of Linear Financial Technologies (“Linear”), the premier SMB loan and account origination platform. Linear’s […]

GreenBox POS to Present At Winter Wonderland Vitual Conference – Best Ideas From The Buyside, February 8-11 2022

SAN DIEGO, CA, Feb. 01, 2022 (GLOBE NEWSWIRE) — GreenBox POS (NASDAQ: GBOX) (“GreenBox” or “the Company”), an emerging and rapidly growing fintech company today announced that management will present at the Winter Wonderland Virtual Conference – Best Ideas From The Buyside taking place February 8-11, 2022. Ben Errez, Chairman, is scheduled to participate in […]

GBT Filed an AI Empowered Financial Technology Patent Application Seeking to Protect an Advanced Credit Management Concept

The concept introduces an innovative, AI empowered technology for secured credit card management methods and systems SAN DIEGO, Feb. 01, 2022 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”) filed with U.S. Patent and Trademark Office (“USPTO”) a non-provisional patent application for systems and methods of a financial software application […]

MarketWall and Morningstar Launch Morningstar Global Market, a GEMINA-Based Research and Market Data Offering for Enterprise Clients

TORONTO–(BUSINESS WIRE)–$ALY.V #AI–Artificial Intelligence company, AnalytixInsight’s (TSX-V: ALY; OTCQB: ATIXF) FinTech affiliate, MarketWall, together with Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, today announced the launch of Morningstar Global Market, an innovative enterprise research and market data platform targeted for institutional users of financial data and related investment products. Morningstar Global […]

Prodege Accelerates Innovation & Growth Plan With Acquisition of Pollfish

EL SEGUNDO, Calif., Feb. 01, 2022 (GLOBE NEWSWIRE) — Prodege, a cutting-edge marketing and consumer insights platform, announced today that it has acquired Pollfish, a modern, mobile-first survey platform providing authentic responses in real-time. This acquisition furthers Prodege’s mission to ensure its partners have access to cost-effective and intuitive research solutions, allowing researchers to unearth […]

Ryder Selects REIN to Launch Embedded Insurance Program for Used Truck Customers

REIN’s comprehensive embedded insurance offering aims to simplify insurance process for Ryder used vehicle customers MIAMI–(BUSINESS WIRE)–Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and commercial fleet management solutions, selects REIN to launch “Insurance Services by REIN,” to Ryder used vehicle sales customers. As a leader in insurtech solutions, REIN can […]

Wayflyer hits unicorn status, raising $150m to support eCommerce businesses globally

The Irish revenue-based financing and growth platform for eCommerce merchants has raised $150m in a Series B round, co-led by DST Global and QED Investors, giving Wayflyer a post-money valuation of $1.6bn Investment will be used to continue Wayflyer’s global expansion, in the US, across Europe, and into Asia, as well as allowing the business […]

Modulr and Ripple Announce Strategic Partnership to Enable Seamless Payments Into the UK and Europe

Trust Payments first company to harness Modulr-Ripple technology LONDON–(BUSINESS WIRE)–Today, leading payments platform Modulr announced a partnership with Ripple, the leader in enterprise blockchain and crypto solutions, to enable seamless payments into the UK and Europe. Trust Payments, the global unified payments group, is the first customer to go live and begin benefiting from the […]

Luko Strengthens Its Pricing Process with Akur8

PARIS–(BUSINESS WIRE)–Luko and Akur8 are delighted to announce their collaboration to strengthen Luko’s pricing process! By forging this alliance with the first French neo-insurance company, Akur8 affirms its solid position in its domestic market and consolidates its position within the insurtech ecosystem in France and internationally. Specifically developed for insurers, Akur8’s solution enhances their pricing […]

ACI Worldwide and COMO Global Partner to Help eCommerce Businesses Grow Revenues

Payments service provider COMO Global to utilize ACI Secure eCommerce, giving merchants access to wide range of acquirers and alternative payment methods MIAMI–(BUSINESS WIRE)–#aci—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software, today announced a partnership with global payments service provider (PSP) COMO Global S.A. to support the company’s ambitious expansion […]

QUAINT OAK BANCORP, INC. ANNOUNCES FOURTH QUARTER AND YEAR-END EARNINGS

Southampton, PA , Jan. 31, 2022 (GLOBE NEWSWIRE) — Quaint Oak Bancorp, Inc. (the “Company”) (OTCQB: QNTO), the holding company for Quaint Oak Bank (the “Bank”), announced today that net income for the quarter ended December 31, 2021 was $2.1 million, or $1.04 per basic and $0.98 per diluted share, compared to $1.1 million, or […]

Financial Institutions, Inc. Announces Fourth Quarter And Full Year 2021 Results

WARSAW, N.Y., Jan. 31, 2022 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (NASDAQ:FISI) (the “Company” “we” or “us”), parent company of Five Star Bank (the “Bank”), SDN Insurance Agency, LLC (“SDN”), Courier Capital, LLC (“Courier Capital”) and HNP Capital, LLC (“HNP Capital”), today reported financial and operational results for the fourth quarter and year ended December […]

North American Bancard’s Payanywhere Honored in Restaurant Smart Terminal Award

Strawhecker Group recognizes product suite for forward-thinking commitment TROY, Michigan, Jan. 31, 2022 (GLOBE NEWSWIRE) — Jan. 31, 2022 North American Bancard, LLC (NAB), a progressive payment technology company with an advanced product platform, is proud to be honored by The Strawhecker Group (TSG) in its 2021 Restaurant Smart Terminal Provider of the Year award. […]

Another Way to #BeYou: T-Mobile Brings True Name® by Mastercard® to T-Mobile MONEY

What’s the news: T-Mobile MONEY customers can now use True Name, a feature that lets customers display their chosen name on their T-Mobile MONEY debit card. Why it matters: Transgender and non-binary Americans face substantial challenges and even discrimination and harassment when names on their bank cards don’t match who they truly are. And it’s […]

SMC/Genesis Financial, Announces Retirement of an additional 40,000,000 Shares from Outstanding Common Shares Provides Audit Update

Charleston, SC, Jan. 31, 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”) are pleased to provide this audit update and announce the cancellation of 40,000,000 common shares from the Company’s outstanding shares. This cancellation was […]

Q2 Unveils 2022 State of Commercial Banking Market Analysis Report

Q2’s PrecisionLender data predicts increased loan demand for large and mid-market firms and reveals cautious optimism for market recovery AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, released its 2022 State of Commercial Banking Market Analysis Report today. The report, based on insights mined from Q2’s […]

Funding Circle and Nationwide Launch Innovative Partnership to Improve Access to Critical Services for American Small Business Owners

DENVER–(BUSINESS WIRE)–#businessinsurance—Funding Circle, a leading online small business lending platform in the U.S., and Nationwide, one of the nation’s longest-standing insurance and financial services companies, today announced the launch of a brand new partnership specifically designed to improve access to much-needed capital and business insurance resources and services for American small business owners. This partnership […]

Paya Announces Launch of PayaGov

Launch marks the strategic alignment of market-leading solutions and services for government entities ATLANTA, Jan. 31, 2022 (GLOBE NEWSWIRE) — Paya (NASDAQ: PAYA), a leading integrated payments and commerce solution provider, today announced the launch of PayaGov, the company’s solutions and domain experts serving government agencies, municipalities, and service providers. The launch is a key milestone […]

Teslar Software Experiences Substantial Growth in 2021, Will Digitize Lending for Banks in 2022

Fintech expands client relationships, broadens tech offerings SPRINGDALE, Ark.–(BUSINESS WIRE)–Teslar Software, provider of portfolio management tools that aggregate and automate lending and deposit operations for community financial institutions, wrapped up a strong year full of significant growth, many company milestones, industry recognition and continued support of small businesses and communities across the country. In 2021, […]

OneScreen.ai Doubles Revenue Every Quarter, Triples Headcount in 2021

Out-of-home (OOH) advertising startup marks various milestones as it preps to expand on the first-of-its-kind media marketplace to streamline OOH industry BOSTON–(BUSINESS WIRE)–#AI—OneScreen.ai, a SaaS-enabled B2B marketplace provider for out-of-home (OOH) advertising, has hit various milestones as it preps to expand the first-of-its-kind media marketplace, streamlining the fragmented OOH advertising industry. The company doubled its […]

Making AI Attainable For All Michigan Credit Unions

Michigan Credit Union League and Scienaptic collaborate in new AI venture for Michigan credit unions NEW YORK–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider, Scienaptic AI announced an AI collaboration with the Michigan Credit Union League (MCUL). This alliance will enable the company to offer its AI-powered credit underwriting technology to credit unions throughout Michigan. […]

GO2bank Launches Experian Credit Care Advantage™ to Help Customers Safely and Easily Build, Improve and Protect Their Credit

Through partnership with Experian, Green Dot’s flagship digital bank gives customers access to Experian Boost™, Experian CreditLock and more AUSTIN, Texas–(BUSINESS WIRE)–#banking–Green Dot (NYSE: GDOT) is expanding its suite of credit-building tools available through its flagship digital bank GO2bank to help customers safely access and improve their credit, and protect themselves against identity theft. Many […]

OOOOO and Teddy Sagi to Launch Fanz.com – Offering Live Video Commerce, Non-Fungible Tokens (NFT) and Gaming for the World Game

VANCOUVER, British Columbia, Jan. 31, 2022 (GLOBE NEWSWIRE) — OOOOO Entertainment Commerce Limited (“OOOOO”) (OOOO: TSXV, OOOOF:OTC), a mobile commerce platform, is pleased to announce that the company will launch Fanz.com in March 2022. Fanz.com will target the global soccer community, offering live video commerce, NFTs, and mobile gaming. It is estimated that there are 3.5 billion soccer […]

LUCA Japan Announces a Strategic Partnership With Singapore-Based Xen Capital

Logo Logo TOKYO, Jan. 31, 2022 (GLOBE NEWSWIRE) — LUCA Japan Co., Ltd. (“LUCA Japan”), the digital platform for Alternative Investments announces a strategic partnership with Xen Technologies Pte. Ltd. (“Xen Capital”), the Singapore-based digital platform that provides a white-label alternative investment solution and marketplace. Through this strategic partnership, LUCA Japan will collaborate with Xen […]