Techwire


Thought Machine raises $200m in Series C funding to bring world’s banks to the cloud

New investors JPMorgan Chase Strategic Investments, Standard Chartered Ventures and ING Ventures join cap table and client list ● Nyca Partners leads Series C round raising Thought Machine’s valuation to more than $1bn ● New institutional investors include ING Ventures, JPMorgan Chase Strategic Investments and Standard Chartered Ventures ● Lloyds Banking Group, who led Thought […]

PlanGap and Insurex Announce Strategic Reinsurance Partnership

Partnership to Architect Reinsurance Solutions for PlanGap® Social Security Protection Products ATLANTA–(BUSINESS WIRE)–#plangap—PlanGap, a financial product innovation company pioneering Social Security Protection, and Insurex have announced a strategic partnership to architect reinsurance solutions for the Social Security Protection marketplace. The recently released 2021 Social Security Trustees Report highlights the dire condition of the Social Security […]

Nuvei Approved to Provide Payment Processing Services to Sports Wagering Operators in Louisiana

Nuvei Payment Technology Partner MONTREAL AND BATON ROUGE, LA, Nov. 29, 2021 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the global payment technology partner of thriving brands, has announced that its wholly-owned subsidiary has been granted permission to provide payment processing services to daily fantasy sports and sports wagering […]

Global Digital Banking Market to Reach up to $1,702.4 Billion by 2026 and Witness Propelling Growth during the COVID-19 Crisis – Exclusive Report by Research Dive

The spread of COVID-19 across the globe has significantly impacted the global digital banking market due to the rising adoption of mobile payment solutions among people across the globe. The global market is predicted to continue to witness strong growth by 2026. New York, USA, Nov. 29, 2021 (GLOBE NEWSWIRE) — A research report published […]

Immuta Announces the Availability of SaaS for Modern Data Stacks

 Immuta SaaS enables data teams to automate data access control across their cloud data environment without having to worry about maintenance or infrastructure costs BOSTON–(BUSINESS WIRE)–#Data–Immuta, the leader in universal cloud data access control, today announced the general availability of Immuta software as a service (SaaS) deployment. Immuta SaaS, which recently received its SOC 2 […]

PayNearMe Announces Partnership with Pin4 to Enable Players to Withdraw iGaming and Sports Betting Winnings in Cash

MoneyLine™, powered by PayNearMe®, expands payout options to allow players to make real-time, cardless cash withdrawals at 18,000 ATMs across the nation SECAUCUS, N.J.–(BUSINESS WIRE)–SBC SUMMIT – PayNearMe, the payments company designed to manage the complexities of iGaming, today announced a partnership with Pin4 to enable operators to give players instant access to their winnings. […]

ICE Announces That One Million Contracts Have Traded on ICE Futures Abu Dhabi, Equivalent to One Billion Barrels of Murban Crude

ABU DHABI, United Arab Emirates–(BUSINESS WIRE)–Intercontinental Exchange (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that a total of over one million futures contracts have traded on ICE Futures Abu Dhabi (IFAD) since the exchange launched on March 29, 2021, equivalent to one billion barrels of Murban crude oil. Of […]

Ault Global Holdings’ Subsidiary, TurnOnGreen, to Install Commercial EV Chargers at a Premier California Resort Destination

LAS VEGAS–(BUSINESS WIRE)–$AGH #Alisal—Ault Global Holdings, Inc. (NYSE American: DPW), a diversified holding company (the “Company”), announced today that its green energy technology and power supply subsidiary, TurnOnGreen, Inc. (“TurnOnGreen”), has partnered with The Alisal Guest Ranch and Resort (“The Alisal”), in Solvang, Calif., to expand the property’s electric vehicle charging capabilities for resort guests […]

KOHO levels up their cash back incentive for Canadian gamers with Game On

TORONTO, Nov. 29, 2021 (GLOBE NEWSWIRE) — Canadian Fintech, KOHO, has launched a new cash back offer for gamers in Canada aptly termed Game On. Using the referral code “KOHOGAMER” new users can sign up for a free account and earn 5% cash back on gaming purchases with Xbox, Playstation, Twitch, Steam and Nintendo as […]

Malaysia Prepaid Cards Market Report 2021: Market is Expected to Grow by 17.2% to Surpass $7 Billion in 2021 – Forecast to 2025

Dublin, Nov. 29, 2021 (GLOBE NEWSWIRE) — The “Malaysia Prepaid Cards Business and Investment Opportunities – Market Size and Forecast (2016-2025), Consumer Attitude & Behaviour, Retail Spend, Market Risk” report has been added to ResearchAndMarkets.com’s offering. According to the Q2 2021 Global Prepaid Card Survey, prepaid card market in the Malaysia is expected to grow […]

Boyden Canada Appoints Mary-Katherine Bouchard Partner, Boosting Financial Services in Montréal

Mary-Katherine Bouchard reunited with previous colleagues in Montréal to provide expertise to private equity-backed and other fast-growth sectors Mary-Katherine Bouchard Partner, Boyden Montreal Montreal, Nov. 29, 2021 (GLOBE NEWSWIRE) — Boyden, a premier leadership and talent advisory firm with more than 75 offices in over 45 countries, is delighted to announce the appointment of Mary-Katherine […]

Insurdinary Surpasses 1000 Reviews!

Learn How Canada’s Fastest Growing Rate Comparison Platform is Impressing Folks Nationwide. TORONTO–(BUSINESS WIRE)–#financial–Millions of people across Canada have obtained quotes and helpful information from Insurdinary for their insurance and financial well being. More than 1000 of those folks have taken the time out of their day to review the company, and that does not […]

UK Insurtech Policy Expert Appoints Sanchit Suri as CEO

LONDON–(BUSINESS WIRE)–QMetric, the UK insurtech that provides home and motor insurance under the Policy Expert brand, has today announced the appointment of Sanchit Suri as Chief Executive Officer to take the reins from Co-Founder Tony Deacon, who has retired after establishing the business among the UK’s top 10 home insurance providers. QMetric combines a data […]

Worldwide Patient Engagement Solutions Industry to 2026 – Featuring Epic Systems, Lincor Solutions and McKesson Among Others

Dublin, Nov. 25, 2021 (GLOBE NEWSWIRE) — The “Patient Engagement Solutions Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering. The global patient engagement solutions market exhibited strong growth during 2015-2020. Looking forward, the publisher expects the market to grow at a CAGR of around 13% […]

Outlook on the Proximity Payment Global Market to 2030 – Opportunity Analysis and Industry Forecasts

Dublin, Nov. 25, 2021 (GLOBE NEWSWIRE) — The “Proximity Payment Market by Offering and Application: Global Opportunity Analysis and Industry Forecast, 2021-2030” report has been added to ResearchAndMarkets.com’s offering. Proximity payments are mobile payments in which the payer and the payee are in the same location and encompass payments that are both customer-to-business and person-to-person. […]

Results for the half year ended 30 September 2021

PayPoint PlcResults for the half year ended 30 September 2021 A positive first half across the PayPoint Group in line with expectations, with early delivery from growth initiatives FINANCIAL HIGHLIGHTS Net revenue1 from continuing operations of £56.1 million (H1 FY21: £46.4 million from continuing operations) increased by £9.7 million (20.9%), driven by a proactive recovery […]

Fintech Tipalti Accelerates Global Expansion With New Toronto, Canada Location

Company Plans to Hire 300 new team members by 2023 SAN MATEO, Calif.–(BUSINESS WIRE)–Tipalti, the leading global payables automation company, today announced that it will be opening new offices in Toronto, Ontario, Canada. This is the sixth global office for Tipalti, joining existing locations in San Mateo, California, Plano, Texas, London, England, Kibbutz Glil-Yam, Israel, […]

Global Mobile Wallet Market Research Report 2021-2026 – Major Players are Offering Mobile Vouchers, Digital Loyalty Schemes, Digital Charity Boxes, and Dynamic Currency Conversion

Dublin, Nov. 24, 2021 (GLOBE NEWSWIRE) — The “Mobile Wallet Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering. The global mobile wallet market exhibited strong growth during 2015-2020. Looking forward, the market is projected to grow at a CAGR of 20% during 2021-2026. The global […]

Vietnam Prepaid Cards Market Report 2021: Digital Wallet Providers are Moving Towards Super Apps to Gain Market Share

Dublin, Nov. 24, 2021 (GLOBE NEWSWIRE) — The “Vietnam Prepaid Cards Business and Investment Opportunities – Market Size and Forecast (2016-2025), Consumer Attitude & Behaviour, Retail Spend, Market Risk” report has been added to ResearchAndMarkets.com’s offering. According to the Q2 2021 Global Prepaid Card Survey, prepaid card market in the Vietnam is expected to grow […]

Citi Securities Services and Taskize Partner to Streamline Counterparty Operational Workflow

LONDON & NEW YORK–(BUSINESS WIRE)–Citi (NYSE:C) and Taskize Limited announced today that they have entered into a strategic agreement where Citi Securities Services’ custody clients can leverage Taskize’s query management platform to directly connect to their Citi Operations counterparts. This collaboration brings together Taskize’s structured workflow capabilities and Citi’s industry-leading proprietary custody network spanning over […]

Paycast Partners With Marqeta and Mastercard For New Marketplace Payment Solution

Paycast will leverage Marqeta’s modern card issuing platform and the Mastercard network to empower marketplaces with payment solutions that help platforms and sellers grow with fewer limitations. LONDON–(BUSINESS WIRE)–Marqeta (NASDAQ: MQ), the global modern card issuing platform, Mastercard (NYSE: MA), a leader in global payments, and Paycast (an SPG Company), the marketplace payment engine, announced […]

IncubEx Acquires Insurwave

Acquisition enables IncubEx to deliver innovative environmental and sustainability products and technology solutions to the corporate risk and insurance markets. IncubEx IncubEx LONDON, Nov. 24, 2021 (GLOBE NEWSWIRE) — IncubEx, Inc. (“IncubEx”), a Chicago-based privately held company that designs and develops new financial products in global environmental, climate risk and related commodity markets, announces the […]

Fanhua Reports Third Quarter 2021 Unaudited Financial Results

GUANGZHOU, China, Nov. 23, 2021 (GLOBE NEWSWIRE) — Fanhua Inc., (Nasdaq: FANH), (the “Company” or “Fanhua”), a leading independent financial services provider in China, today announced its unaudited financial results for the third quarter ended September 30, 20211. Financial Highlights for the Third Quarter of 2021: (In thousands, except per ADS) 2020Q3(RMB) 2021Q3(RMB) 2021Q3(US$) Change […]

Flywire to Participate in the Raymond James Technology Investors Conference

BOSTON, Nov. 23, 2021 (GLOBE NEWSWIRE) — Flywire Corporation (Nasdaq: FLYW)(“Flywire” or the “Company”) a global payments enablement and software company, today announced that Mike Massaro, CEO of Flywire, will be participating in a virtual fireside chat at the Raymond James Technology Investors Conference on Monday, December 6, 2021. The discussion will begin at 8:00am […]

InsurTech Hartford Ramping Up for 2022

As the world and industry plan for post-pandemic growth, InsurTech is more important than ever HARTFORD, Conn., Nov. 23, 2021 (GLOBE NEWSWIRE) — InsurTech Hartford (ITH), a thriving InsurTech ecosystem with global startup, agent/broker, carrier, solution provider, and investor constituents, is ramping up for 2022 with in-person events, networking and education opportunities. “It’s exciting to […]

Liqid Ranked Number 131 Fastest-Growing Company in North America on the 2021 Deloitte Technology Fast 500™

Company Attributes 1034% Revenue Growth to High Demand for Flexible, Efficient Data Center Architectures to Meet the Data-intensive Demands of Artificial Intelligence BROOMFIELD, Colo.–(BUSINESS WIRE)–#ArtificialIntelligence—Liqid, the world’s leading software company delivering data center composability, today announced it ranked 131 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life […]

Nuvei Receives Approval for Event Wagering and Fantasy Sports Payments in Arizona

Nuvei Payment Technology Partner MONTREAL and PHOENIX, Nov. 23, 2021 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the global payment technology partner of thriving brands, has announced that its wholly-owned subsidiary has been granted an Event Wagering and Fantasy Sports Supplier license in Arizona. Online sports betting became legal […]

Horizon and MERJ Launch ‘Upstream’ Securities Exchange and Trading App for Novel Digital Assets, Securities and NFTs

Strategic investors & partners include Pitbull and Timbaland’s Beatclub platform ZUG, Switzerland–(BUSINESS WIRE)–MERJ Exchange Limited and Horizon Fintex (“Horizon”), a blockchain technology company that builds and operates securities exchanges, have announced the launch of Upstream, a global marketplace for digital assets, securities, and NFTs to trade on the Ethereum blockchain. Upstream is available for download […]

Ellipse Introduces EVC® ALL-in-One, the First EMV Micromodule With an Integrated Screen to Display a Dynamic Security Code for E-commerce Protection

EVC All-In-One EVC All-In-One LOS ANGELES, Nov. 23, 2021 (GLOBE NEWSWIRE) — Ellipse is proud to announce today the launch of EVC® All-In-One, the first EMV module that transforms a basic payment card into an e-commerce EMV security product. The patented EVC All-In-One module features a built-in screen that displays a refreshed security code (also […]

GBT Develops a Visual Design-Rule Analysis System for Integrated Circuits

Targeted to provide a robust interactive design environment for early detection and elimination of IC’s layout design rule violations. SAN DIEGO, Nov. 23, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCHD) (“GBT” or the “Company”), is developing a nanometer range EDA tool that visually advises and eliminates design rule violations during the construction of […]

Shield Compliance and POSaBIT Bring Compliant Cannabis Banking and Payments to the Industry

Alliance offers cannabis-related businesses and financial institutions a safer way to process transactions while creating new revenue opportunities. SEATTLE–(BUSINESS WIRE)–Shield Compliance (www.shieldbanking.com) and POSaBIT (www.posabit.com) announced a strategic alliance to provide cannabis-related businesses (CRBs) and financial institutions a complete end-to-end view of compliance to ensure the transparency and traceability of transactions while also creating new […]

Sharonview Federal Credit Union Proud to Announce SVP, VP Promotions

Promotions include elevation of David Brand to SVP, Lending Operations David Brand Senior Vice President, Lending Operations, Sharonview Federal Credit Union, Indian Land, S.C. Indian Land, S.C., Nov. 23, 2021 (GLOBE NEWSWIRE) — Sharonview Federal Credit Union, one of the nation’s top 200 credit unions, is proud to announce a series of promotions to SVP […]

AppTech Corp. Announces 2021 Annual Shareholder Meeting

CARLSBAD, Calif., Nov. 23, 2021 (GLOBE NEWSWIRE) — AppTech Corp. (“AppTech”) (OTC: APCX) a fintech company powering commerce experiences, announced today it filed its proxy statement and will hold its Annual Shareholder Meeting on December 29, 2021 at 10:30 am pst. To enable shareholders to attend despite their location, AppTech will hold the meeting exclusively […]

Micro Insurance Company and Bikmo Partner to Enhance Cycle-To-Work Schemes in Austria

NEW YORK, Nov. 23, 2021 (GLOBE NEWSWIRE) — Micro Insurance Company (MIC) and Bikmo are partnering to provide digital solutions to encourage Cycle to Work schemes in Austria. In this partnership, MIC brings their underwriting expertise, with the ability to create unique solutions for very specific, non-traditional use cases. Bikmo, a European-based insurtech that specializes […]

United Fintech Announces Acquisition of Trading Analytics Firm FairXchange

Third acquisition in first year of operation to “save big banks from Big Tech” Partly acquiring London-based FairXchange, United Fintech makes third acquisition in first year of operation to “save big banks from Big Tech.” And according to its Danish CEO Christian Frahm, the fintech platform is becoming an increasingly desired “one-stop-shop” for big banks […]

Banking-as-a-service Market to reach $11.34 Billion by 2030: Allied Market Research

Rise in the use of digital transformation technology in banks, need for streamlining financial services, and developments in fund transaction services drive the growth of the global banking-as-a-service market. The market is expected to exhibit a CAGR of 17.1% during the forecast period. Based on region, Europe, followed by North America is expected to lead […]

Final Acceptance of Commitments from Office of Gas and Electricity Markets

PayPoint Plc This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation and is disclosed in accordance with the Issuer’s obligations under Article 17 of the Market Abuse Regulation. FINAL ACCEPTANCE OF COMMITMENTS FROM OFFICE OF GAS AND ELECTRICITY MARKETS (“OFGEM”) Further to the announcement made on 11 August 2021, […]

Trulioo Receives Approval from German Media Authorities to Provide Age Verification Services

Trulioo’s automated identity verification solution receives a positive assessment as an age verification system (AVS) concept in telemedia VANCOUVER, British Columbia–(BUSINESS WIRE)–#regtech—Trulioo, the global identity verification leader, today announced that the Kommission für Jugendmedienschutz (KJM) or the Commission for the Protection of Minors in the Media, has certified its solutions can be implemented in the […]

ICE Announces Planned Launch of Phase One of ICE Risk Model 2.0, a VaR-Based Portfolio Margining Methodology

CHICAGO & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced the first phase of its futures and options initial margin methodology update from ICE Risk Model (IRM 1.0) to a Value-at-Risk (VaR)-based portfolio margining methodology, IRM 2.0. IRM 2.0 utilizes a Filtered Historical Simulation VaR […]

EMS Offers Exclusive Payment Processing and Gift Card Program for Herbalife Nutrition Clubs

Cleveland, Nov. 22, 2021 (GLOBE NEWSWIRE) — Electronic Merchant Systems, a nationwide payment processor that has helped local businesses and small businesses grow for over 30 years, is offering an exclusive payment processing and gift card program for Herbalife Nutrition Clubs. Readers can find out more about the offer by heading over to the link: […]