Techwire


InsurTech NY Opens Third Annual Early-Stage InsurTech Competition

$200,000 in Prizes to be Awarded NEW YORK, Jan. 04, 2022 (GLOBE NEWSWIRE) — InsurTech NY has opened the application window for its third annual InsurTech Early-Stage Competition (www.insurtechny.com/competition). Three winning teams will split $200,000 in prizes. InsurTech startups will be selected as finalists based on their growth potential and market opportunity. The top teams […]

Pico Acquires Redline Trading Solutions

Transaction combines Redline’s award winning software solutions with Pico’s global ultra-low latency infrastructure and network underpinned by Corvil Analytics Transaction intended to accelerate Pico’s recurring revenue business, adding Redline’s 100% recurring revenue model, with significant opportunity to cross-sell solutions to Pico’s existing client base NEW YORK, Jan. 04, 2022 (GLOBE NEWSWIRE) — Pico, a leading […]

CORRECTING and REPLACING Modern Age Cards Through Modern Age AI: Uni Cards to Deploy Scienaptic AI-Powered Credit Decisioning Platform

Fintech start-up expects to approve more credit profiles and streamline decisioning processes NEW YORK & BANGALORE, India–(BUSINESS WIRE)–Please replace the release dated January 3, 2022 with the following corrected version due to multiple revisions. The updated release reads: MODERN AGE CARDS THROUGH MODERN AGE AI: UNI CARDS TO DEPLOY SCIENAPTIC AI-POWERED CREDIT DECISIONING PLATFORM Fintech […]

ICE Announces Launch of Its Fixed Income Quotation Transparency Service

ICE solution can help customers meet requirements under recent SEC Rule 15c2-11 amendments ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced the launch of its leading-edge service that is designed to enable broker-dealers to meet the new requirements resulting from recent amendments […]

NRS Launches NRS eWIC

Affordable New Solution Enables Independent Retailers to Accept eWIC Payments NEWARK, N.J., Jan. 04, 2022 (GLOBE NEWSWIRE) — National Retail Solutions (NRS), the operator of a leading point-of-sale (POS) network and payment processing service for independent retailers, today announced the introduction of NRS eWIC, a breakthrough eWIC payment processing service purpose-built for the independent retailer. […]

Corvus Insurance Acquires Lloyd’s Coverholder Tarian Underwriting Limited

Deal cements Corvus as the world’s leading Cyber InsurTech underwriter BOSTON–(BUSINESS WIRE)–Corvus Insurance, the leading provider of smart commercial insurance products powered by AI-driven risk data, today announced that it has acquired Tarian Underwriting Limited from Beat Capital Partners Ltd. Tarian is the leading cyber underwriting platform providing market-leading solutions to an ever-changing cyber risk […]

Brian Rafanello Joins Provident as SVP, Head of Treasury Management

Brian Rafanello Rafanello has joined the Bank as Senior Vice President, Head of Treasury Management ISELIN, NEW JERSEY, Jan. 04, 2022 (GLOBE NEWSWIRE) — Provident Bank, a leading New Jersey-based financial institution announced today that Brian Rafanello has joined the Bank as Senior Vice President, Head of Treasury Management.  Mr. Rafanello is based in the Bank’s […]

GBT is Developing a Mobile Application for its AI Based Healthcare Advisory System

Enabling API connection with healthcare providers telemedicine platforms and enhancing overall user’s experience SAN DIEGO, Jan. 04, 2022 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT”, or the “Company”) is now developing a mobile application for its AI empowered healthcare advisory system. The mobile application will be working with a back-end infrastructure, enabling […]

De Novo Cypress Bank & Trust Selects CSI’s NuPoint® Core Platform to Provide Tech Foundation for Integrated Banking Services

PADUCAH, Ky.–(BUSINESS WIRE)–Palm Beach, Florida-based Cypress Bank & Trust, a de novo bank serving markets across Florida, has selected Computer Services, Inc.’s (CSI) (OTCQX: CSVI) NuPoint® core platform as the backbone of its integrated banking services. The bank selected CSI, a provider of end-to-end fintech and regtech solutions, for its shared commitment to service and […]

Credit Union of Georgia Chooses Scienaptic for Enhanced AI-Powered Credit Decisioning

NEW YORK–(BUSINESS WIRE)–Scienaptic AI, a leading global AI-powered credit decisioning disruptor, announced that Credit Union of Georgia has selected its AI-powered platform, augmenting the credit union’s underwriting capabilities to make faster, stronger credit decisions, increasing loan approvals and enhancing members’ experiences. Originally founded to serve the financial needs of the faculty, staff, and students in […]

Financial Institutions, Inc. Schedules Fourth Quarter and Full Year 2021 Earnings Release and Conference Call

WARSAW, N.Y., Jan. 03, 2022 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (NASDAQ:FISI) (the “Company”), the parent company of Five Star Bank, SDN Insurance Agency, LLC (“SDN”), Courier Capital, LLC (“Courier Capital”) and HNP Capital, LLC (“HNP Capital”), will release results for the fourth quarter and full year ended December 31, 2021, after the market closes […]

Modern Age Cards Through Modern Age AI: Uni Cards to Deploy Scienaptic AI-Powered Credit Decisioning Platform

Fintech start-up expects to approve more credit profiles and streamline decisioning processes NEW YORK & BANGALORE, India–(BUSINESS WIRE)–Scienaptic AI, a leading global AI-powered credit decision platform provider, announced the deployment of its technology for Uni Cards. This implementation will enable Uni Cards to expand credit access in India by providing instant decisions to applicants and […]

Kinsale Capital Group Completes Listing Transfer to the New York Stock Exchange

NEW YORK–(BUSINESS WIRE)–The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, announced that Kinsale Capital Group, Inc. (NYSE: KNSL) has completed its listing transfer and will begin trading today as an NYSE-listed company. Kinsale Capital will now be able to leverage all […]

Provident Financial Services, Inc. Schedules Fourth Quarter and Year-Ended Earnings Conference Call

ISELIN, N.J., Jan. 03, 2022 (GLOBE NEWSWIRE) — Provident Financial Services, Inc. (NYSE: PFS) announced that it expects to release financial results for the quarter and year ended December 31, 2021 on Friday, January 28, 2022 at approximately 8:00 a.m. (ET). A copy of the earnings release will be immediately available on the Company’s website, […]

BitNile Holdings Issues 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. BitNile plans to focus its mining efforts at the Michigan data center and intends to sell the 1,600 S9 Antminers at the Indiana location. The number of […]

Payments Industry Revenue Models Beyond 2021: Social, Economic, and Political Changes are Impacting Payment Revenues

Dublin, Dec. 31, 2021 (GLOBE NEWSWIRE) — The “Payments Industry Revenue Models in 2021 and Beyond” report has been added to ResearchAndMarkets.com’s offering. As the world continues its uneven recovery from the global pandemic, the changes to countries, economies, businesses, and individuals that arose from the first lockdowns in 2020 continue to reveal themselves today. […]

United Kingdom InsurTech Market Landscape 2021-2026 – InsurTech is Thriving in the UK, Having Spun Out of the FinTech Revolution

Dublin, Dec. 31, 2021 (GLOBE NEWSWIRE) — The “United Kingdom InsurTech Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021-2026)” report has been added to ResearchAndMarkets.com’s offering. The UK insurance industry is fundamentally changing. The UK general insurance market continues to be fiercely competitive but is troubled by sustained low profitability fueled by the predominance […]

IQST – iQSTEL Expects To Meet Nasdaq Shareholder Equity Requirement Imminently

New York, NY, Dec. 30, 2021 (GLOBE NEWSWIRE) — iQSTEL, Inc. (OTCQX: IQST) today released another letter to shareholders from the CEO, Leandro Iglesias, in an ongoing series of updates in conjunction with the company’s ongoing initiative to up-list on Nasdaq. The CEO’s latest letter to shareholders is included in its entirety below: Dear Shareholders: […]

Assurely and Great American Insurance Group’s Executive Liability Division Begin Relationship Towards a New Era of Insurance

AUSTIN, Texas–(BUSINESS WIRE)–Working together in pursuit of innovating insurance for the better, the insurtech, Assurely, and the Executive Liability Division of Great American Insurance Group announced today an agreement to offer Directors and Officers Liability (D&O) insurance to private companies raising capital via technology platforms/portals and the internet; specifically, but not limited to, those leveraging […]

Great American Insurance Group’s Executive Liability Division and Assurely Begin Relationship Towards a New Era of Insurance

CINCINNATI–(BUSINESS WIRE)–Working together in pursuit of innovating insurance for the better, the Executive Liability Division of Great American Insurance Group and the insurtech, Assurely, announced today an agreement to offer Directors and Officers Liability (D&O) insurance to private companies raising capital via technology platforms/portals and the internet; specifically, but not limited to, those leveraging the […]

SmartAsset Launches Simpler Road to Retirement TV Ad Campaign With Marketing Architects

MINNEAPOLIS–(BUSINESS WIRE)–#advertising—SmartAsset, an online destination for financial advice and marketplace that connects consumers to financial advisors, launched a national TV campaign this week in partnership with All-Inclusive TV agency Marketing Architects. Founded in 2012, SmartAsset is an award-winning financial technology company that helps more than 75 million people each month make smart financial decisions through […]

Conflict and War Report (CWR) Has New Announcement on Ukrainian Fintech Banking Sector

KYIV, Ukraine, Dec. 29, 2021 (GLOBE NEWSWIRE) — Today, the Conflict and War Report (CWR) is pleased to announce its latest report on the Ukrainian banking and financial sectors.  The report discusses the growth in the fintech sector and efforts made to combat transparency and compliance issues in the emerging financial markets.  “As the conflict […]

North American Bancard Receives Merchant eCommerce Experience Award

The company was honored in The Strawhecker Group’s 2021 acknowledgements for ‘Best Human Interaction’ TROY, Michigan, Dec. 29, 2021 (GLOBE NEWSWIRE) — North American Bancard, LLC (NAB), a progressive payment technology company dedicated to growing and nurturing its partner network, is proud to be honored by The Strawhecker Group (TSG) in its 2021 eCommerce Merchant […]

MDT Elevates Jennifer Lee to Vice President of Software and Data Services

CUSO promotes long-time employee to lead software services, application support and data analytics FARMINGTON HILLS, Mich.–(BUSINESS WIRE)–Member Driven Technologies (MDT), a CUSO that hosts the Episys® core processing system from Symitar® to provide a private cloud alternative for core processing and IT needs, today announced that Jennifer Lee has been promoted to vice president of […]

Modyo and TODO1/iuvity Sign Agreement to Power a New Breed of Digital Financial Solutions

MIAMI & AMSTERDAM–(BUSINESS WIRE)–It gives us great pleasure to announce today that TODO1/iuvity’s solutions will have the frontend digital financial experience powered by Modyo integrated with TODO1/iuvity’s Open Service Platform. With more than 20 years of digital financial experience, TODO1 is an industry leader powering important financial institutions in Latin America that have served more […]

Gex Management Inc. and Quad M solutions Inc. enter into a Technology support and Marketing agreement

Deal Makes Gex Management Cash Flow and earnings positive Enter into an equity swap agreement Dallas, TX, Dec. 28, 2021 (GLOBE NEWSWIRE) — Gex Management Inc. (OTC:GXXM) has signed a technology support agreement with Quad M Solutions Inc. (OTC:MMMM). Under the agreement, GXXM will provide on going back office, tech support and product development. GXXM […]

GBT GRANTED Patents (IP – Intellectual Property) Update

GBT’s IP includes additional innovative pending patents, and the company intends to file more during 2022 SANTA MONICA, Calif., Dec. 28, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. ( OTC PINK: GTCHD ) (“GBT” or the “Company”), disclosed about its filing of patents with the U.S. Patent and Trademark Office (“USPTO”). In order to assist its followers, GBT […]

SmartMetric, the Developer of the Biometric Secured Credit Card, Says the Continued Blow Out in the Cost of Fraud for United States Merchants, Now Estimated at More Than $39 Billion, Is Unsustainable

NEW YORK–(BUSINESS WIRE)–#Amerisave–SmartMetric, Inc. (OTCQB: SMME): The LexisNexis cost of fraud report for 2021 has shown a significant increase since just before COVID-19. Every $1 of fraud costs U.S. merchants $3.60 compared to $3.13 in the pre-COVID time period (+15.0%). The significant percent of identity-related fraud continues to be at the point of sale. 1 […]

MAJIC ACQUIRES 26% STAKE IN BAMBOO AT US$126 MILLION POST MONEY VALUATION

Houston, Texas, Dec. 27, 2021 (GLOBE NEWSWIRE) — Majic Wheels, Corp. (OTC Pink: MJWL) (“Majic” or the “Company”), a Delaware corporation, that is positioning itself as a player in the disruptive industries of fintech and software development by means of acquisitions, today announced the closing of the previously announced Bamboo Wellness Holdings Limited acquisition of […]

TENET ALERT: Bragar Eagel & Squire, P.C. Reminds Investors that a Class Action Lawsuit Has Been Filed Against Tenet Fintech Group Inc. and Encourages Investors to Contact the Firm

NEW YORK, Dec. 24, 2021 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, reminds investors that a class action lawsuit has been filed against Tenet Fintech Group Inc. (“Tenet” or the “Company”) (Other OTC: PKKFF) in the United States District Court for the Eastern District of New York […]

Global $22.74 Bn AI in Fintech Markets to 2026

Dublin, Dec. 24, 2021 (GLOBE NEWSWIRE) — The “Global AI in Fintech Market (2021-2026) by Component, Application, Deployment Mode, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering. The Global AI in Fintech Market is estimated to be USD 5.6 Bn in 2021 and is expected […]

FDCTech Completes Pivotal Acquisition of AD Advisory Services Pty Ltd.

The acquisition of AD Advisory Services Pty Ltd. (ADS) is a step–change in creating a digital wealth management company with annualized revenue of $5.91 million and well-positioned for rapid growth through FDCTech‘s software development capabilities combined with ADS‘ proven executive team and client–centric financial advisors. Irvine, CA, Dec. 23, 2021 (GLOBE NEWSWIRE) — FDCTech, Inc. […]

MAJIC WELCOMES NEW MEMBERS TO ITS BOARD OF DIRECTORS

Houston, Texas, Dec. 23, 2021 (GLOBE NEWSWIRE) — Majic Wheels, Corp. (OTC Pink: MJWL) (“Majic” or the “Company”), a Delaware corporation, that is positioning itself as a player in the disruptive industries of fintech and software development by means of acquisitions, announces the appointment of new directors to the board. Majic Wheels Corp warmly welcomes […]

FinTech Industry Trends and Opportunities 2021-2026: Blockchain, Application Programming Interface (API), Robotic Process Automation, Data Analytics, and More

Dublin, Dec. 23, 2021 (GLOBE NEWSWIRE) — The “Global FinTech Market – Growth, Trends, COVID-19,and Forecasts (2021-2026)” report has been added to ResearchAndMarkets.com’s offering. FinTech (Financial Technology) is now a buzzword in the financial market. It refers to computer programs and other modern technologies used by businesses that provide automated and improved financial services. Over […]

iBLOXX Proprietary Trading Announces DMCC Crypto Trading License

DUBAI, United Arab Emirates–(BUSINESS WIRE)–iBLOXX Proprietary Trading DMCC, a fin-tech trading firm based in Dubai, announced last week that they have been granted the License for Proprietary Trading in Crypto Commodities by Dubai Multi Commodities Center. iBLOXX designs AI and Machine Learning algorithms to manage active trading models for a variety of instruments across traditional […]

Global Wearable Payment Device Market Research Report (2021 to 2026) – by Device Type, Technology, Sales Channel, Application and Region

Dublin, Dec. 22, 2021 (GLOBE NEWSWIRE) — The “Wearable Payment Device Market Research Report by Device Type, Technology, Sales Channel, Application, and Region – Global Forecast to 2026 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering. The Global Wearable Payment Device Market size was estimated at USD 34.85 billion in 2020, […]

German American Bancorp, Inc. (GABC) Announces Executive Management Additions

JASPER, Ind., Dec. 22, 2021 (GLOBE NEWSWIRE) — German American Bancorp, Inc. (NASDAQ: GABC) and its Bank subsidiary, German American Bank, have announced additions to its Executive Management team. As previously announced and approved by the Board of Directors earlier in the year with respect to its ongoing management succession plan the following promotions are […]

ICE Benchmark Administration to Launch GBP SONIA Spread-Adjusted ICE Swap Rate® as a Benchmark on January 4, 2022

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) plans to launch GBP SONIA Spread-Adjusted ICE Swap Rate® for use as a benchmark in financial contracts and financial instruments by licensees on January 4, 2022. The launch follows the successful publication […]

Axos Bank Named One of the Best Online Banks for Fourth Consecutive Year

MyBankTracker also gives top honors to Axos Bank’s Rewards Checking and High-Yield Savings accounts SAN DIEGO–(BUSINESS WIRE)–#bankingevolved–Axos Bank has been named among America’s Best Online Banks for the fourth year in a row, according to the independent financial comparison site MyBankTracker.com. “Axos Bank provides a comprehensive range of deposit and loan products that beat the […]

XTM Provides 2021 Year in Review

MIAMI & TORONTO–(BUSINESS WIRE)–XTM, Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech company in the neo-banking space, providing mobile banking and payment solutions for the hospitality and personal care industries throughout North America, is pleased to provide a business update and review of 2021 accomplishments. 2021 Highlights […]