Techwire


Financial Data Exchange (FDX) Adds 26 New Members

Regions Bank, FIS, Zions Bank, Trustly, Railz, Union Bank & Trust, Sensedia, ForwardAI, Community Savings Credit Union, Canadian Lenders Association, and others join effort to unify the financial services industry around common FDX API data sharing standard for open banking and open finance RESTON, Va.–(BUSINESS WIRE)–The Financial Data Exchange (FDX) has welcomed 26 new members […]

Net1 to Acquire the Connect Group

The Acquisition Significantly Expands Net1’s Addressable Market, Merchant Offering & Footprint as it Builds the Leading Fintech Platform in South Africa Company to Host Conference Call to Discuss Acquisition at 8:30am ET JOHANNESBURG, South Africa, Nov. 01, 2021 (GLOBE NEWSWIRE) — Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS; JSE: NT1) (the “Company” or “Net1”) today […]

Levo Credit Union Selects Scienaptic’s AI-Powered Credit Decisioning Platform to Enhance Loan Approvals and Member Experience

  NEW YORK–(BUSINESS WIRE)–Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Levo Credit Union has chosen its AI-powered platform, enabling the credit union to make faster loan approvals, reaching more members, increasing loan approval rates and enhancing member experience. Originally chartered in 1934, Levo serves over 30,000 members throughout Minnehaha, Lincoln, McCook […]

Ault Global Holdings’ Subsidiary BitNile Targets Growth to 20,000 Bitcoin Miners Increasing Total Hash Rate to 2.0 EH/s

Company’s Board of Directors Approves up to $140 Million in Future Additional Capital for BitNile’s Expansion LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—Ault Global Holdings, Inc. (NYSE American: DPW), a diversified holding company (the “Company”), announced that its subsidiary, BitNile, Inc. (“BitNile”), has increased its target of total Bitcoin miners to 20,000 as the Company’s board of directors […]

Discover Reveals Full 5% Cashback Bonus® Calendar For 2022

RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover today released its complete 5% Cashback Bonus® Calendar for 2022 to help cardmembers plan their spending and earn rewards. In addition to categories in which cardmembers can earn on everyday purchases, like Grocery Stores and Gas Stations, Discover added Fitness Club & Gym Memberships from January through March, expanded to both in-store […]

Mastercard and Partners Advance the Future of Sustainable Commerce

Mastercard accelerates its decarbonization timeline, committing to reach net zero by 2040; Carbon Calculator gains strong adoption throughout Europe and in Latin America PURCHASE, NY–(BUSINESS WIRE)–As world leaders come together for the UN Climate Change Conference (COP26), Mastercard unveiled an acceleration of its net zero timeline by a decade, from 2050 to 2040. It is […]

Tassat Launches Digital Dollars™ and Real-Time Bank Payment Network

Empowers banks to provide real-time, secure payments to their customers 24X7, 365 days a year. TassatPay™ real-time payments using DigitalDollars™ meet the requirements of banks regulated by the OCC, FDIC and NYSDFS and swiftly integrate with legacy banking systems. TassatPay™ and the network position banks to compete in the new digital world, including decentralized finance, […]

JBTC Announces 3rd Quarter 2021 Earnings

JONESTOWN, Pa., Oct. 29, 2021 (GLOBE NEWSWIRE) — JBT Bancorp, Inc. (OTC Pink: JBTC) reported quarterly earnings of $1,662,000, or $.68 per share, for the third quarter of 2021. Year-to-date earnings are $4,820,000, or $1.98 per share, up 57.3% from $3,063,000, or $1.26 per share, in the prior year. “Earnings were positively impacted by increases […]

ICBA Expands Preferred Service Provider Agreement with Wolters Kluwer to Include iLien Document Management

WASHINGTON–(BUSINESS WIRE)–#WoltersKluwer–The Independent Community Bankers of America (ICBA) has expanded its Wolters Kluwer Preferred Service Provider relationship to include its SaaS-based iLien system, offered by Wolters Kluwer Compliance Solutions. The platform helps community banks simplify and automate their lien, titling and real property documentation needs. The Wolters Kluwer iLien product suite allows community bankers to […]

Provident Financial Services, Inc. Announces Third Quarter Earnings and Declares Increased Quarterly Cash Dividend

ISELIN, N.J., Oct. 29, 2021 (GLOBE NEWSWIRE) — Provident Financial Services, Inc. (NYSE:PFS) (the “Company”) reported net income of $37.3 million, or $0.49 per basic and diluted share, for the three months ended September 30, 2021, compared to net income of $27.1 million, or $0.37 per basic and diluted share, for the three months ended […]

First National Corporation Reports Third Quarter 2021 Financial Results

STRASBURG, Va., Oct. 29, 2021 (GLOBE NEWSWIRE) — First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank (the “Bank”), reported unaudited consolidated net income of $2.4 million, or $0.38 per diluted share for the third quarter of 2021, which resulted in return on average assets of 0.71% […]

Ault Global Holdings Announces BitNile Achieves an Annual Run Rate of $14 Million to $15 Million in Bitcoin Mining Production

LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—Ault Global Holdings, Inc. (NYSE American: DPW), a diversified holding company (the “Company”), is pleased to provide an update on its subsidiary, BitNile, Inc. (“BitNile”), whose mining production of bitcoin has grown, as anticipated, to between $14 million and $15 million on an annualized basis, based on current market conditions. The Company […]

FV Bank Becomes Principal Member of Visa. Set to Launch Cryptocurrency Linked Visa Card Programs

FV Bank redefines banking with first vertically integrated banking, digital asset custody, and debit and credit card offerings San Juan, Puerto Rico, Oct. 29, 2021 (GLOBE NEWSWIRE) — (via Blockchain Wire) FV Bank (www.fvbank.us), the rapidly growing U.S. licensed global challenger bank and digital asset custodian, has announced that it has been approved as a Principal […]

Ibanera Expands FinTech Services in Singapore

SINGAPORE, Oct. 28, 2021 (GLOBE NEWSWIRE) — Ibanera, a global digital banking platform and financial services provider, announced that it will offer fintech services to customers in Singapore with a focus on domestic and cross-border money transfer services. The company offers a robust suite of compliance programs for transaction monitoring and has partnered with Jumio, Refinitiv […]

Netcapital Inc. Announces Equity Stake in Marketing Solutions Provider Caesar Media Group, Inc.

BOSTON–(BUSINESS WIRE)–$NCPL #entrepreneurship—Netcapital Inc. (OTCQX: NCPL), a digital private markets ecosystem, today announced that it has acquired a 10% stake in Caesar Media Group, Inc. an advanced marketing and technology solutions provider. Caesar Media Group will leverage its technology and data to provide Netcapital’s private company clients with lead generation, SEO, website development, project development, […]

Deluxe Officially Opens New Headquarters in Downtown Minneapolis

Trusted Payments and Business Technology™ company embraces opportunity to help with revitalization of Minneapolis business corridor MINNEAPOLIS–(BUSINESS WIRE)–Deluxe (NYSE: DLX), a Trusted Payments and Business Technology™ company, today announced the opening of its newly constructed, state-of-the-art headquarters at 801 Marquette in downtown Minneapolis. Following more than 18 months of working remotely, Minnesota-based Deluxe employees will […]

Heritage Commerce Corp Earns Record $13.7 Million for the Third Quarter of 2021, and $33.7 Million for the First Nine Months of 2021

SAN JOSE, Calif., Oct. 28, 2021 (GLOBE NEWSWIRE) — Heritage Commerce Corp (Nasdaq: HTBK), the holding company (the “Company”) for Heritage Bank of Commerce (the “Bank”), today announced third quarter 2021 net income of $13.7 million, or $0.23 per average diluted common share, compared to $11.2 million, or $0.19 per average diluted common share, for […]

Financial Institutions, Inc. Announces Third Quarter Results

WARSAW, N.Y., Oct. 28, 2021 (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 third quarter ended September 30, 2021. […]

Origence Indirect Lending Delivers $42 Billion in Auto Loans for Lenders Through Q3, 2021

Lenders using the Auto Lending Network, CUDL, Experience 16.3% YoY Growth Irvine, CA, Oct. 28, 2021 (GLOBE NEWSWIRE) — Origence, the leader in lending technology solutions, is reporting continued growth and market strength of credit unions using its CUDL auto lending network to originate indirect loans.  Lenders have funded 1.6 million loans through the CUDL […]

City National Bank Donates $100,000 to Build Yosemite Valley Welcome Center

The spacious and versatile new building will welcome millions of visitors annually LOS ANGELES, Oct. 28, 2021 (GLOBE NEWSWIRE) —  City National Bank announced today that it has committed $100,000 toward the creation of the new Yosemite Valley Welcome Center in Yosemite National Park, a landmark development for Yosemite Conservancy. Once finished — likely in […]

Climate First Bank Enhances Team with Green Banking Veterans

Local industry leaders join lending and business development team ahead of upcoming Central Florida branch opening ORLANDO, Fla., Oct. 28, 2021 (GLOBE NEWSWIRE) — Climate First Bank, a values-based community bank with a mission to reverse the climate crisis, today announces the additions of notable Central Florida banking executives Lex Ford and Jeff Cowherd who […]

Worldwide Cloud Point of Sale Industry to 2026 – Retail Segment is Expected to Hold Major Share

Dublin, Oct. 28, 2021 (GLOBE NEWSWIRE) — The “Cloud Point of Sale (PoS) Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” report has been added to ResearchAndMarkets.com’s offering. The Cloud Point of Sale (PoS) Market is expected to register a CAGR of 24.2% during the forecast period of 2021 – 2026. Large […]

Washington Nationals Partner with FIS for New Champions Club and Payment Solutions to Enhance the Fan Experience

Key facts: As The Official Payments Technology Provider for the Washington Nationals, Worldpay from FIS will power merchant processing technology that allows Nationals fans to pay for tickets, food, beverages, merchandise and sports betting at Nationals Park. FIS and the Washington Nationals are creating a newly renovated club and high-end fan experience at Nationals Park. […]

Nuvei wins Payment Service of the year at Vixio Global Regulatory Awards

MONTREAL, Oct. 28, 2021 (GLOBE NEWSWIRE) — Through its Mazooma platform, Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the global payment technology partner of thriving brands, is proud to be the first to bring Real-Time Payments to the U.S. sports wagering and iGaming industry. The offering enables players to receive payouts immediately […]

MMG Insurance Live with Majesco Digital1st® Insurance Platform

Implementation focused on a next generation agent portal for quoting MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that MMG Insurance Company, a long-term client of Majesco is live with a next-generation agent portal built on Majesco Digital1st® Insurance, a low-code/no-code digital insurance platform that seamlessly […]

UNest and Avibra Announce Strategic Partnership to Offer Affordable Wellness and Insurance Benefits to Parents

— First-of-its-kind program will provide families with a compelling suite of integrated resources to support their financial and emotional health — NORTH HOLLYWOOD, Calif.–(BUSINESS WIRE)–UNest, an app that empowers parents to invest and save for their kids’ future, and Avibra, a leading provider of personal well-being, risk, and protection solutions, today announced a partnership that […]

American Express® Launches New Fully Digital Business Checking Account for U.S. Small and Mid-Sized Businesses, with First-Ever Amex-Issued Debit Card

Earn $300 deposit as a welcome bonus1 with a new Business Checking account Earn interest on balances up to $500,000 with a competitive APY of 1.1%2 No monthly maintenance fees or minimum balance requirement Full-service digital banking that makes it easy to access and manage your checking account, while also connecting to existing American Express […]

Goldfinch Partners Names Veteran M&A Lawyer Matthew F. Herman as Partner and General Counsel

SEATTLE–(BUSINESS WIRE)–Goldfinch Partners, a private equity firm with approximately $1 billion of equity invested in digital transformation transactions across industry verticals, today announced that Matthew F. Herman will join as a Partner of the Firm and General Counsel in November 2021. Goldfinch invests in sectors and spaces about which it has deep knowledge, including marketing, […]

EasyTransfer Partners with Tencent Financial Technology to Provide Online Tuition Payments for Overseas Chinese Students

900 million users are now able to make overseas tuition payments online in 3 minutes on the new official WeChat mini program, WeRemit Tuition Pay BEIJING–(BUSINESS WIRE)–#easytransfer–Studying abroad just got easier for hundreds of thousands of Chinese students thanks to a new partnership between EasyTransfer, Tencent Financial Technology and payment platform Tenpay, subsidiaries of Tencent […]

Payment Security Market in India 2021-2025: A INR 289.90 Billion Market by 2025

Dublin, Oct. 28, 2021 (GLOBE NEWSWIRE) — The “Payment Security Market in India 2021” report has been added to ResearchAndMarkets.com’s offering. Payment security solutions offered in India include encryption, point-to-point tokenization, and EMV (Europay, MasterCard, and Visa). Payment security solutions in India are mostly being adopted by the sectors of banking, financial services, and insurance […]

Ault Global Holdings’ Subsidiary, TurnOnGreen, Announces Launch of New EV Residential Charger for the U.S. Market

TurnOnGreen’s EVP700-B Charger Available for Purchase through Amazon.com LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn–Ault Global Holdings, Inc. (NYSE American: DPW), a diversified holding company (the “Company”), is pleased to announce that its subsidiary, TurnOnGreen, Inc., has launched its first residential electric vehicle (“EV”) charger, the TurnOnGreen EVP700-B, available for purchase through Amazon.com, Walmart.com, and Turnongreenev.com starting October […]

Summit Financial Group Reports Higher Third Quarter 2021 Diluted Eps of $0.92 on Growth in Commercial and Total Loans, Increased Revenue, Further Asset Quality Improvement and Expense Discipline

MOOREFIELD, W.Va., Oct. 28, 2021 (GLOBE NEWSWIRE) —  Summit Financial Group, Inc. (“Company” or “Summit”) (NASDAQ: SMMF) today reported strong financial results for the third quarter of 2021, including growth in earnings, net interest income, revenue, and commercial and total loans, as well as further asset quality improvement and expense discipline. The Company, which serves […]

EagleBank Foundation’s Fight Against Breast Cancer Raises Over $420,000

Annual Effort Now in its 17th Year. Almost $5.0 Million in Total Funds Raised Since Inception BETHESDA, Md., Oct. 28, 2021 (GLOBE NEWSWIRE) — The EagleBank Foundation announced today that its annual Fight Against Breast Cancer Golf Classic (held on October 11, 2021) has raised more than $420,000. Proceeds from the event continue to support […]

INTERIM FINANCIAL REPORT JULY-SEPTEMBER 2021 

SEVERAL STEPS IN THE RIGHT DIRECTION THIRD QUARTER 2021 Net sales totalled MSEK 14.8 (14.2), a change of MSEK +0.6 / +4 % EBITDA was MSEK 0.1 (0.6), a change of MSEK -0.5 (1) Operating profit/loss was MSEK -1.6 (-0.9), a change of MSEK -0.7 (1) Profit/loss after tax was MSEK -1.7 (0.4), a change […]

Kearny Financial Corp. Reports Fiscal 2022 First Quarter Results and 10% Increase in Cash Dividend

FAIRFIELD, N.J., Oct. 27, 2021 (GLOBE NEWSWIRE) — Kearny Financial Corp. (NASDAQ GS: KRNY) (the “Company”), the holding company of Kearny Bank (the “Bank”), reported net income for the quarter ended September 30, 2021 of $19.7 million, or $0.26 per diluted share, compared to $18.5 million, or $0.24 per diluted share, for the quarter ended […]

RBAZ Bancorp, Inc. Announces Unaudited Financial Results For the Quarter Ending September 30, 2021

Sixth Consecutive Quarter of Earnings Growth PHOENIX, Oct. 27, 2021 (GLOBE NEWSWIRE) — RBAZ Bancorp, Inc. (OTCBB:RBAZ) (the “Company”), parent company of Republic Bank of Arizona (the “Bank” or “RBAZ”), announced a consolidated net income of $524,000, or $0.29 per share, for the quarter ended September 30, 2021 and $1,545,000, or $0.86 per share, for […]

Two Fintech Startups Are Changing the Face of Travel Insurance

SimplePin partners with Insured Nomads SimplePin partners with Insured Nomads PALM BEACH, Fla., Oct. 27, 2021 (GLOBE NEWSWIRE) — SimplePin, a leading cloud-based digital payments infrastructure provider for the insurance industry, is pleased to announce today its partnership with Insured Nomads, a global InsureTech provider for travel and health insurance to individuals and groups, poised […]

Endava Report Reveals Three Key Trends Driving the Future of Digital Payments

Endava Sees Companies Evolving their Digital Payment Strategies to Address Open Banking, Buy Now Pay Later, and New Consumer Payment Technologies LAS VEGAS & LONDON–(BUSINESS WIRE)–Endava (NYSE: DAVA), a leading next-generation technology services provider, released today at Money 20/20 USA their 2021 U.S. Spotlight Report: Three Key Trends in Payments. The report provides a detailed […]

Lake Shore Bancorp, Inc. Announces 2021 Third Quarter and Year to Date Financial Results and Declares Dividend

DUNKIRK, N.Y., Oct. 27, 2021 (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 $1.7 million, or $0.29 per diluted share, for the third quarter of 2021 compared to net income of $1.2 million, or $0.21 per diluted […]