Techwire


Paystand Puts Crypto on Its Balance Sheet, Setting a New Standard for B2B SaaS Operations

SCOTTS VALLEY, Calif.–(BUSINESS WIRE)–#DeFi—Paystand – the leader in blockchain-enabled B2B payments – today announced it has been purchasing Bitcoin (BTC) and Ether (ETH) on its balance sheet. This move marks a significant milestone for B2B SaaS companies and further legitimizes the emergence of cryptocurrency as a viable balance sheet asset. Paystand’s decision to accumulate and […]

Nuvei Expands its Acquiring Capabilities to the United Arab Emirates and North Africa

Nuvei Payment Technology Partner MONTREAL and DUBAI, Dec. 10, 2021 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the global payment technology partner of thriving brands, announced today its expansion of local acquiring services to support merchants in the United Arab Emirates (UAE) and North Africa. Nuvei is certified by […]

UPDATE – CloudPay Named a Star Performer and Major Contender in Everest Group Multi-Country Payroll Solutions PEAK Matrix® Assessment

Global Pay Provider Continues to Ascend Annual Assessment, Appearing Nine Years in a Row NEW YORK and LONDON, Dec. 10, 2021 (GLOBE NEWSWIRE) — Leading global pay provider CloudPay today shared its positioning as both a Star Performer and Major Contender in the Everest Group Multi-Country Payroll (MCP) Solutions PEAK Matrix® Assessment for 2021. CloudPay […]

Global Digital Payments Markets Analysis & Forecasts, 2015-2020, 2020-2025F, 2030F Featuring Alipay, Amazon Pay, Apple Pay, Tencent, Google Pay, First Data, Paypal, Fiserv, Visa, and MasterCard

Dublin, Dec. 10, 2021 (GLOBE NEWSWIRE) — The “Digital Payments Global Market Report 2021: COVID-19 Growth and Change to 2030” report has been added to ResearchAndMarkets.com’s offering. The global digital payments market is expected to grow from $5058.96 billion in 2020 to $5872.89 billion in 2021 at a compound annual growth rate (CAGR) of 16.1%. […]

Kilroy Continues Strong 2021 Performance With Major Leasing, Development and Capital Allocation Activity

Signs 80,000 Square-Foot Lease with Major Media Company, Delivers Final Two-Thirds of Kilroy Oyster Point Phase 1 and Sells San Diego Office Property for $37 Million LOS ANGELES–(BUSINESS WIRE)–Kilroy Realty Corporation (NYSE: KRC, “Kilroy”) today said its strategic focus on creating a young, contemporary and sustainable portfolio of office, life science and residential properties in […]

Net1 Appoints Naeem Kola as Group Chief Financial Officer

JOHANNESBURG, Dec. 10, 2021 (GLOBE NEWSWIRE) — Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS; JSE: NT1) (the “Company” or “Net1”) today announced that it has appointed Naeem Kola as Group Chief Financial Officer. Kola will take up his role with effect from March 1, 2022, and joins Net1 soon after the announcement of the transformative […]

Global Proximity Payment Market Report 2021, Featuring PayPal, Visa, Mastercard, Apple, Square, Google and Ingenico

Dublin, Dec. 10, 2021 (GLOBE NEWSWIRE) — The “Global Proximity Payment Market By Offering, By Application, By Regional Outlook, Industry Analysis Report and Forecast, 2021 – 2027” report has been added to ResearchAndMarkets.com’s offering. The Global Proximity Payment Market size is expected to reach $26.4 billion by 2027, rising at a market growth of 11.6% […]

Twig Acquisition of Loopster

LONDON–(BUSINESS WIRE)–Twig Group Ltd is pleased to announce the acquisition of Loopster Ltd, a second-hand clothing marketplace for an undisclosed amount. Twig is a London-based, next generation fintech and banking app that allows users to trade their fashion or electronic items for instant cash. Loopster, the first managed marketplace in the UK, developed a streamlined […]

The Community Financial Corporation Announces Authorization To Continue Share Repurchases Under 2020 Stock Purchase Program

WALDORF, Md., Dec. 09, 2021 (GLOBE NEWSWIRE) — The Community Financial Corporation (NASDAQ: TCFC) (the “Company”), the holding company for Community Bank of the Chesapeake (the “Bank”), reported that the Company’s Board of Directors has authorized the Company to continue purchasing shares of the Company’s common stock under the stock purchase plan originally authorized by […]

APOLLO Insurance partners with Millbrook Cathedral to offer their clients access to Digital Event Insurance

APOLLO Insurance partners with Millbrook Cathedral APOLLO Insurance has partnered with Millbrook Cathedral to offer immediate digital insurance, specifically tailored to weddings and events. Vancouver, Dec. 09, 2021 (GLOBE NEWSWIRE) — APOLLO Insurance, Canada’s leading online insurance provider, has partnered with Millbrook Cathedral to offer immediate digital insurance products, specifically tailored to weddings and events. […]

Concentra Bank and Cinchy Share Award for ‘Best Core Banking Solution Provider for COVID-19 Rapid Response’

SASKATOON, Sk. & TORONTO–(BUSINESS WIRE)–#CEBA–Concentra Bank (doing business as Wyth Financial), the leading provider of wholesale banking and trust solutions to Canadian credit unions, and Cinchy, the leading pioneer in the fast-growing Dataware space, are proud to announce they are sharing the 2021 Banking Technology Award for Best COVID Response Technology. The award, part of […]

Creator Economy, Supply Chain Software and the Metaverse Set to Drive 2022 Technology Trends, New GP Bullhound Report Predicts

Buy Now/ Pay Later, virtual doctor visits, and wearables tech to intensify Supply Chain software should see surge of adoption Workplace demographics to leverage AI/ ML to achieve more diversity NEW YORK & SAN FRANCISCO–(BUSINESS WIRE)–#QR–The ‘creator economy,’ decentralized finance, supercharged supply chains, ARM-based chips, and the metaverse virtual playground are among ten key trends […]

Major Investors Back Tradeshift’s Combined SaaS and Fintech Platform Connecting the World’s Supply Chains

SAN FRANCISCO–(BUSINESS WIRE)–Tradeshift has secured more than $200m in funding and debt from a combination of existing and new investors, including Koch Industries, one of the largest privately held companies in the US. Participation also came from IDC Ventures, LUN Partners, Private Shares, and Fuel Capital who increased their existing stake in Tradeshift’s combined portfolio […]

CloudPay Named Star Performer and Major Contender in Everest Group Multi-Country Payroll Solutions PEAK Matrix® Assessment

Global Pay Provider Continues to Ascend Annual Ranking, Appearing Nine Years in a Row NEW YORK and LONDON, Dec. 09, 2021 (GLOBE NEWSWIRE) — Leading global pay provider CloudPay today shared its positioning as both a Star Performer and Major Contender in the Everest Group Multi-Country Payroll (MCP) Solutions PEAK Matrix® Assessment for 2021. CloudPay […]

ZenBusiness Named 2021 Winner in the BIG Award for Business

AUSTIN, Texas–(BUSINESS WIRE)–Today, ZenBusiness received the Business Intelligence Group’s BIG Award for Business and was named 2021 Company of the Year. The organization’s annual program was advertised as the “_______ of the Year” program and rewards companies, products and people that are leading their respective industries. “ZenBusiness is proud to receive this recognition from the […]

Experian Named Global Fintech Leader in Center for Financial Professionals 2022 Report

Credit risk, fraud prevention categories place Experian within top overall ecosystem rankings COSTA MESA, Calif.–(BUSINESS WIRE)–Experian, the world’s leading global information services company, has been named a global fintech leader in the Center for Financial Professionals (CeFPro) Fintech Leaders 2022 report. The list and adjoining report are released annually by the international research organization, which […]

Tavant Partners with LogRocket to Expand Data & Analytics Capabilities of VΞLOX Lending Platform

Delivering Customer Insights to Improve Your Lending Experiences Continuously SANTA CLARA, Calif.–(BUSINESS WIRE)–#digital—Tavant, a top Silicon Valley-based provider of digital lending technologies, today announced a strategic partnership with LogRocket, a data and analytics company based in Boston, to enhance consumer lending experiences for American homebuyers. Tavant’s AI-powered consumer lending platform – VΞLOX – provides unique, […]

ServiceSource Accelerates Its Market Momentum with the Addition of Three New Clients Spanning a Wide Range of Solutions

Company’s Approach to Solving Sales and Customer Experience Challenges Attracts High Growth Cloud Leaders DENVER–(BUSINESS WIRE)–#SREV—ServiceSource International, Inc. (NASDAQ: SREV), the customer journey experience company, today announced that it has signed agreements with three new clients, providing services that span the entire sales process continuum. The new clients include a top 20 financial technology company, […]

New Report from Majesco Underscores the Importance of Distribution Management Transformation

Optimize business operations, enable key capabilities, and rise above the competition MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the availability of a joint report from Majesco, Distribution Management: A Path to Maturity. This report highlights the importance of Distribution Management transformation and key areas carrier’s […]

ICE Launches its First Asia Ethylene Futures Contracts to Hedge Key Component in Manufacturing of Plastics and Packaging

NEW YORK & LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that it plans to launch its first ethylene futures contracts on December 13. Designed for participants who need to manage their exposure to ethylene price risk from the U.S. Gulf Coast to Asia, the two […]

Legion Capital Named on 20 Companies Who Are Escalating Innovation In The Market in 2021

Private Equity FinTech Lender continues to excel with expanding real estate market in the United States ORLANDO, Fla., Dec. 09, 2021 (GLOBE NEWSWIRE) — Legion Capital Corporation (OTCQB:LGCP), a FinTech enabled, specialized business lender, was named in Global Business Leaders Magazine 20 Companies Who Are Escalating Innovation In The Market in 2021 Listing.   Legion Capital […]

LAFCU Modernizes Member Experience by Leveraging Digital Onboarding Through Partnership With MDT

Credit union leveraging digital engagement platform to facilitate personalized, intuitive member account opening experiences 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, announced today that $942 million-asset LAFCU has successfully launched Digital Onboarding’s […]

ICE Expands Climate Change and Alternative Data Capabilities With Acquisitions of risQ and Level 11 Analytics

Leverages sophisticated geospatial data technologies for innovative services in the municipal bond, mortgage-backed security and real estate markets ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced the acquisitions of risQ and Level 11 Analytics, which deploy sophisticated, data-driven technologies for managing climate […]

Resolve Secures $25M as Market for Embedded B2B Buy Now, Pay Later Solutions Catches Fire

Demand for Resolve’s platform grows as new marketplaces emerge and businesses look to ease supply chain challenges by removing friction from B2B transactions SAN FRANCISCO, Dec. 09, 2021 (GLOBE NEWSWIRE) — Resolve announced today that it has raised an additional $25 million in strategic equity funding to meet rising demand from business-to-business (B2B) companies seeking […]

New Digital Assets and Cryptocurrency Startups Join Mastercard Start Path Program to Jump Start New Opportunities and Solve Real-World Problems

From NFT-based rewards programs to innovative banking platforms and services, five new global cryptocurrency and digital assets startups join Mastercard’s award-winning program PURCHASE, N.Y.–(BUSINESS WIRE)–As interest in cryptocurrency and digital assets continues to rise, a new cohort will join the Mastercard Start Path Crypto startup engagement program dedicated to exploring and solving real world problems […]

AppTech Corp. Appoints Chad Nelley as Chief Operations Officer

CARLSBAD, Calif., Dec. 09, 2021 (GLOBE NEWSWIRE) — AppTech Corp. (“AppTech”) (OTC: APCX), a fintech company powering commerce experiences, announced today that Chad Nelley has joined the Executive Management Team as Chief Operating Officer. As COO of AppTech, Chad will provide leadership to establish and deploy policies and procedures to achieve operational success and go-to-market execution, […]

Nobul Completes $5B Sales

SAN MATEO, Calif., Dec. 09, 2021 (GLOBE NEWSWIRE) — Nobul Technologies (www.nobul.com), a consumer-centric real estate technology company, announced that it had crossed over $5,000,000,000 (five billion dollars) in completed sales. Nobul’s disruptive real estate technology marketplace empowers home buyers and sellers to evaluate customized offers from real estate agents who submit bids to compete […]

ABN AMRO and receeve cement strategic partnership for collections & recovery with €4m venture investment

HAMBURG, Germany, Dec. 09, 2021 (GLOBE NEWSWIRE) — receeve, the innovation leader in collections & recovery technology, is proud to announce our newest customer, ABN AMRO, the third-largest bank in the Netherlands. Amsterdam-based ABN AMRO selected receeve’s cloud-native, all-in-one platform to future-proof experiences for its most vulnerable customers and support strategy execution across international markets. […]

CrossLend opens Lisbon office and expands its team with a focus on digital lending solutions

BERLIN–(BUSINESS WIRE)–#crosslend–Building on the success of its offices in Berlin, Luxembourg, London, Frankfurt and Vienna, Berlin-based fintech CrossLend is continuing its European expansion with the opening of a new office in Lisbon, Portugal. The Lisbon team – consisting of experts with many years of experience in banking, risk management and investment in digital lending – […]

Nuvei Reaffirms Financial Outlook for Full Year 2021 and Long-Term Growth Targets

Remains Confident in Achieving Growth Targets for Total Volume, Revenue and Adjusted EBITDA Margin. Company Comments on Allegations Made in Short Seller Report Nuvei Payment Technology Partner MONTREAL, Dec. 08, 2021 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the global payment technology partner of thriving brands, today reaffirmed the […]

Figure Unveils First Solution for Private Companies to Raise, Manage, Trade Equity From Single Platform

Figure Equity Solutions is powered by blockchain to bring private companies effortless cap raises and liquidity SAN FRANCISCO–(BUSINESS WIRE)–Figure Technologies, Inc. (Figure™), a leader in transforming financial services through the power of blockchain technology, unveiled a first-of-its-kind solution that allows private companies to raise, manage, and trade equity on a single platform. Figure Equity Solutions […]

The Community Financial Corporation Announces CEO Succession Plan

WALDORF, Md., Dec. 08, 2021 (GLOBE NEWSWIRE) — The Community Financial Corporation (NASDAQ: TCFC) (the “Company”), the holding company for Community Bank of the Chesapeake (the “Bank”), today announced the appointment of James (“Jimmy”) M. Burke, President of the Company and the Bank, as President and Chief Executive Officer of both the Company and the Bank, effective August 31, […]

Live Oak Bank Named 2021 Greenwich CX Leader for Redefining Customer Interactions

WILMINGTON, N.C., Dec. 08, 2021 (GLOBE NEWSWIRE) — Live Oak Bank has been named a 2021 Greenwich CX Leader in the U.S. Commercial Small Business Banking category by Coalition Greenwich. The Greenwich CX awards recognize financial organizations that have excelled in three customer experience categories: customer satisfaction, customer loyalty and creating an environment that is easy […]

ZSuite Technologies Announces Integration with Q2’s Digital Banking Platform

ZSuite solutions now accessible via Q2’s digital banking platform and available for FIs to purchase and provide to their customers WESTWOOD, Mass.–(BUSINESS WIRE)–#Q2—ZSuite Technologies, a financial technology company that powers community financial institutions with digital escrow products for specific commercial verticals, today announced its API integration with Q2’s Digital Banking Platform, leveraging the Q2 Innovation […]

CLARA Analytics Launches Major Upgrade to AI-Driven MSP Compliance

SANTA CLARA, Calif.–(BUSINESS WIRE)–#AI—CLARA Analytics (“CLARA”), the leading provider of artificial intelligence (AI)-driven workers’ compensation claims management tools, today announced the release of MSP Compliance 2.0, a major upgrade to the company’s AI-driven offering that enables workers’ compensation carriers to generate CMS-approvable reports in just days instead of the usual four to six weeks. With […]

Popular Bank’s Easy Access Checking Receives Certification by Banking Advocates as a Safe, Affordable Account

Popular Easy Access Checking has been certified as meeting the Bank On National Account Standards for safe and affordable consumer transaction accounts as defined by the Cities for Financial Empowerment Fund. NEW YORK–(BUSINESS WIRE)–Popular Bank, a subsidiary of Popular, Inc. (NASDAQ: BPOP) announced that its consumer Popular Easy Access Checking was officially certified by the […]

SmartHop Closes Out Record Year with Debut of Insurance Offering for Carriers and Owner-Operators

Stress-free commercial auto and cargo insurance from SmartHop further levels the playing field for small trucking companies facing new pressures The company saw a record 15,000+ loads booked and over 14M miles driven in 2021; with its top drivers earning significantly more than the industry average Company plans to continue growing its business-in-a-box solution with […]

Paydit Announces Formation of Strategic Advisory Board as Company Positions Itself to Reinvent Debt Collection

Nationally recognized and respected advisors highlight the company’s commitment to reinventing debt collection leveraging advanced technology, and consumer-centric strategies Paydit Logo Paydit Logo LOS ANGELES, Dec. 08, 2021 (GLOBE NEWSWIRE) — Paydit, a disruptive fintech company that leverages an advanced tech platform using artificial intelligence, machine learning, and data-driven analytics designed to reinvent debt collections, […]

Community and Regional Banks Embrace Digital Transformation by Selecting FIS

Key facts PointBank, Bank of Southern California and three other community banks recently selected FIS as their new banking platform and digital provider, embracing HORIZON and Digital One as their banking and digital platforms for the future. FIS is a destination for innovative banks because of its flexible, modern solutions that scale with their growth […]

ICE Introduces Reference Data for Leveraged Loan Market

Leverages U.S. Bank’s leading loan administration franchise to offer high-quality, granular data ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced it will begin offering leveraged bank loan reference data through its ongoing collaboration with U.S. Bank. The offering will provide investors and […]