Techwire


NSP and Flow Networks Join Forces to Expand the Scope of Real-Time Payment Connections

SAN FRANCISCO–(BUSINESS WIRE)–Flow Networks has partnered with Next Stage Partners (NSP) to further develop and expand their engaging consumer payment solution for customers worldwide. Flow Networks, creator of the Flow Platform, brings customers closer to the merchants and brands they love. Flow provides a real-time connection triggered at the moment of payment and customized by […]

Groundbreaking Aspiration Zero Launches Today, First-of-its-Kind Credit Card Built to Fight the Climate Crisis

Using an Aspiration Zero card just once a day allows the average American to fully offset carbon footprint and earn rewards for doing so LOS ANGELES–(BUSINESS WIRE)–$IPVF—Aspiration, the global leader in “Sustainability as a Service” products for consumers and companies, announced today the public launch of the Aspiration Zero card, the world’s first credit card […]

Hardbacon Partners With ClickInsurance to Introduce Auto and Home Insurance

Hardbacon x ClickInsurance Hardbacon partners with ClickInsurance to introduce auto and home insurance. MONTREAL, Oct. 14, 2021 (GLOBE NEWSWIRE) — Hardbacon, a personal finance application used by more than 30,000 Canadians, announced today a partnership with insurance comparison company ClickInsurance to introduce a better way to shop home and auto insurance in Quebec. As part […]

GBT Concludes its Long-Range Radio System Project, To Start Evaluating Commercial Applications Implementation

SAN DIEGO, Oct. 14, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. ( OTC PINK: GTCH ) (“GBT” or the “Company”), concluded its Infinia radio system successful testing phases, the testing phases included short and nationwide long distance voice and digital data communications. Infinia (internal project’s code name) testing used the system’s base extender and mobile units in wide […]

Optimity Launches Partnership with INGUARD to Provide Technology to Improve Health and Wellness

SAN FRANCISCO & TORONTO–(BUSINESS WIRE)–Optimity Inc., a ​​mission-driven technology company that improves the health, wealth and longevity of its users, is announcing a partnership with INGUARD, an Indiana-based insurance and risk management firm that is licensed in all 50 U.S. states. Under the agreement, Optimity will provide INGUARD customers access to its services that utilize […]

Jazz’s Corporate Customers Can Now Avail Specialized Insurance by MicroEnsure

NEW YORK, Oct. 13, 2021 (GLOBE NEWSWIRE) — MicroEnsure (part of Micro Insurance Company), a global provider of digital insurance products, and Jazz Business, one of the largest B2B solutions provider in the nation, have entered into an industry-first strategic partnership, to provide tailored insurance products at specialized rates to Jazz’s corporate customers. Under the […]

XREX Partners with TRM Labs to Bolster Platform Security

Implementation of TRM Labs’ tools further strengthens XREX’s ability to monitor transactions to ensure a clean and secure ecosystem Taipei, Taiwan, Oct. 13, 2021 (GLOBE NEWSWIRE) — (via Blockchain Wire) XREX Inc, the Taipei-headquartered neo fintech, today announced it has implemented a full suite of risk management tools developed by TRM Labs, a blockchain intelligence provider, to […]

Vimly® Benefit Solutions Secures Financing to Fuel Innovation and Growth

MUKILTEO, Wash.–(BUSINESS WIRE)–Vimly Benefit Solutions, the HRIS BenTech platform that provides a digital quote-to-card experience for carriers, third-party administrators, general agents, brokers, employers, and employees, announces the closing of a growth equity financing round led by MK Capital. This new partnership with MK Capital allows Vimly to build on its momentum within the group health […]

F2 Strategy Hires Banking and WealthTech Leader Andrea Bornstein-Bayer as Chief Operations Officer

Bornstein-Bayer is F2 Strategy’s first C-Suite hire as the WealthTech firm undergoes exponential growth Andrea Bornstein-Bayer Chief Operations Officer, F2 Strategy Santa Cruz, CA, Oct. 13, 2021 (GLOBE NEWSWIRE) — F2 Strategy, a WealthTech management consulting firm, today announced the appointment of Andrea Bornstein-Bayer as chief operations officer. A sought-after consultant in the WealthTech and […]

Tipalti Announces Solutions to Wipe Out Maverick Spend and Streamline Purchasing at Its Inaugural Conference, Tipalti Illuminate

B2B fintech company continues global expansion with the UK office as the first location for Tipalti Europe SAN MATEO, Calif.–(BUSINESS WIRE)–Tipalti, a global payables automation company, unveiled new innovations including integration of its current Procurement and Payables solution and a corporate payment card at Illuminate, its inaugural user conference, to help high-velocity companies control costs […]

Brex Opens to Global Startup with Operations in the US

SAN FRANCISCO–(BUSINESS WIRE)–U.S. fintech company Brex, the company redesigning finance for growing businesses, today announced that global startup founders with US businesses and operations will now be able to access all of the company’s products and services. While startups historically have chosen to establish themselves in Silicon Valley, the startup landscape has been transitioning over […]

Andrews Federal Taps Wise to Power International Money Transfers

Digital integration aimed to save U.S. Military members abroad with fast, cheap and convenient self service remittance offering SUITLAND, Md. & NEW YORK–(BUSINESS WIRE)–Andrews Federal Credit Union (Andrews Federal) and Wise today announce a new digital remittance integration set to save money for members of the Armed Forces – especially those stationed overseas – directly […]

Live Oak Bancshares, Inc. Announces Date of Third Quarter 2021 Financial Results

WILMINGTON, N.C., Oct. 13, 2021 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (“Live Oak”) (Nasdaq: LOB) today announced that it will report its third quarter 2021 financial results after U.S. financial markets close on Wednesday, October 27, 2021. In conjunction with this announcement, Live Oak will host a conference call to discuss the company’s financial results and business outlook on Thursday, […]

225 of Kasasa’s Financial Institution Clients Select Industry-Leading Identity Verification and Fraud Platform from Socure

The upgrade ensures Kasasa clients experience the benefits of identity verification accuracy and increased approval rates at account opening while reducing fraud AUSTIN, Texas & NEW YORK–(BUSINESS WIRE)–Kasasa®, an award-winning financial technology and marketing provider, and Socure, the leading provider of digital identity verification and fraud solutions, today announced that 225 of Kasasa’s INMO® clients, […]

Global FinTech Market Report 2021: Market was Valued at $7301.78 Billion in 2020 – Forecast to 2026

Dublin, Oct. 13, 2021 (GLOBE NEWSWIRE) — The “Global FinTech Market, By Technology, By Service, By Application, By Region, Competition Forecast & Opportunities, 2026” report has been added to ResearchAndMarkets.com’s offering. The Global FinTech Market was valued at USD7301.78 billion in 2020 and is projected to grow at a CAGR of 26.87% during the forecast […]

Lively Raises $80 Million Series C to Make HSAs the Next 401(k)

Fastest growing HSA expands offerings to top financial institutions and employers SAN FRANCISCO–(BUSINESS WIRE)–#HSA—Lively, Inc., creators of the modern health savings account (HSA), today announces an $80 million Series C round led by B Capital Group, with participation from Telstra Ventures and existing investor, Costanoa Ventures. This brings the company’s total funding to more than […]

SmartHop Debuts Mobile App For Truckers, Announces Two Key Hires

Fast-growing full-service dispatch company launches first mobile app to ease load booking from the road; welcomes new executives as headcount triples MIAMI–(BUSINESS WIRE)–SmartHop, the total dispatch solution that enables businesses to truck smarter not harder, today launched its first mobile application to help truckers book the best loads for their business from the comfort of […]

RadiantESG Selects STP Investment Services as End-to-End Operational Services Provider

WEST CHESTER, Pa.–(BUSINESS WIRE)–#BluePrint—STP Investment Services, a global financial technology company offering front, middle and back-office support, as well as investment operations outsourcing servicing more than $340 billion in total assets, has been selected by RadiantESG Global Investors to act as its all-inclusive operational services and platform solution. Through its newly launched, cloud-based Blueprint™ offering, […]

CompoSecure Announces General Availability and Shipping of Its Arculus KeyTM Card for $99, Enabling Consumers to Manage Cryptocurrency in One Secure Place

The simple cold storage wallet secures the world’s most popular cryptocurrencies with 3-factor authentication, protecting consumers from hacking and theft SOMERSET, N.J.–(BUSINESS WIRE)–$DBDR #3FA–CompoSecure, L.L.C. (“CompoSecure”), a leading provider of premium financial payment cards and emergent provider of cryptocurrency storage and security solutions, today announced it has begun shipping its Arculus KeyTM card, the next […]

Optiver Announces Principal Strategic Investments Team

CHICAGO & AMSTERDAM–(BUSINESS WIRE)–#Blockchain–Optiver, a leading global market maker, is pleased to announce the launch of its corporate strategic investment initiative, Optiver Principal Strategic Investments (PSI). For more than 35 years, Optiver has been committed to improving global financial markets at every stage, for all parties involved. Through Optiver PSI, the firm seeks to build […]

Aite-Novarica Group Announces Winners of the 2021 Impact Innovation Awards in Cash Management and Payments

Aite-Novarica Group will recognize the innovative financial institutions that have leveraged best-in-class technology during an awards presentation at the Innovation in Cash Management & Payments Forum being held virtually October 19 and 20. Boston, MA, Oct. 13, 2021 (GLOBE NEWSWIRE) — Aite-Novarica Group is pleased to announce the winners of the 2021 Impact Innovation Awards […]

Practice Ignition Expands R&D in Toronto to Focus on North American Market

Practice Ignition, the world’s first client engagement and commerce platform for professional services, announces its plans to establish a new Research & Development (R&D) team in Toronto to find world-class talent to join its journey to transform how accountants and bookkeepers engage clients, create efficiencies and get paid TORONTO, Oct. 13, 2021 (GLOBE NEWSWIRE) — […]

SAVVYY Brings the Future of Lending to Canadian Banks; Appoints Duncan Hannay to Board of Directors

TORONTO–(BUSINESS WIRE)–Today, SAVVYY, a Canadian-based technology leader in lending software solutions and infrastructure, announces Duncan Hannay has joined its Board of Directors. Currently President and CEO of Ontario Lottery and Gaming (OLG) Corporation, Hannay has previously held senior roles at Street Capital Bank of Canada, Finastra, Scotiabank and E*TRADE Financial. During his time as COO […]

Global Processing Services Raises Over US$300 Million to Accelerate Technology Development and Global Growth

Global API-first payment technology platform powers the world’s leading fintechs, including Revolut, Curve, Starling Bank, Zilch, WeLab Bank and Paidy Investment from Advent International and Viking Global Investors provides deep payments and fintech experience and capital; follows strategic investment by Visa in 2020 Company intends to use investment to accelerate technology investments in product innovation […]

Temenos Selected by Green Dot to Help Build and Power the Digital Bank and Fintech’s Cloud-Based Processing Platform

The Temenos Banking Cloud will enable greater features, functionality and scalability on a more streamlined, secure platform for Green Dot’s direct and banking platform services’ customers GENEVA–(BUSINESS WIRE)–Temenos (SIX: TEMN), the banking software company, today announced that Green Dot Corporation (NYSE: GDOT) has enlisted The Temenos Banking Cloud as its platform of choice to power […]

Pacific Western Bank Announces Close of Acquisition of Homeowners Association Services Division From MUFG Union Bank, N.A.

LOS ANGELES, Oct. 12, 2021 (GLOBE NEWSWIRE) — PacWest Bancorp (Nasdaq: PACW) (“PacWest”) announced today that its wholly-owned banking subsidiary, Pacific Western Bank (the “Bank”), completed the acquisition of MUFG Union Bank, N.A.’s (“Union Bank”) Homeowners Association (“HOA”) Services Division effective on October 8, 2021. The system conversion was completed over the weekend of October […]

Food Express Implements Cantaloupe Inc.’s Seed® Platform and Sees Significant Improvements Within First Six Weeks

Customer Optimizes Its Business with Cantaloupe Inc.’s Seed® Pro and Seed Office® Solution, Sees 97% Increase in Average Collections Per Visit MALVERN, Pa.–(BUSINESS WIRE)–$CTLP #autonomousretail–Today, Cantaloupe Inc., (Nasdaq: CTLP) (“Cantaloupe” or the “Company”), a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, announced that Food Express has […]

Evolve Bank & Trust Appoints Monica Wharton to Its Board of Directors

Monica Wharton Monica Wharton MEMPHIS, Tenn., Oct. 12, 2021 (GLOBE NEWSWIRE) — Evolve Bank & Trust (“Evolve”) announced it has appointed Monica Wharton to its Board of Directors. Wharton has an extensive track record of achievement and leadership excellence serving as a senior healthcare executive since 2008. She is currently the Executive Vice President and Chief […]

PickleJar to Livestream The Country Radio Broadcasters Country Radio Hall of Fame Induction Ceremony

NASHVILLE, TN, Oct. 12, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — PickleJar announces today they will exclusively deliver a free, digital livestream of CRB’s Country Radio Hall of Fame Induction Ceremony to a global audience on October 13, 2021. Broadcasting from the Westin Hotel in Nashville, the integrated live entertainment and cashless tipping platform will stream the […]

Socure Announces the Launch of Its Public Sector Business with a Mission to Improve Access to Government Digital Services and Eliminate Fraud

NEW YORK–(BUSINESS WIRE)–Socure, the leading provider of digital identity verification and fraud solutions, today announced the launch of its public sector business led by identity industry veteran and public sector expert Matt Thompson, who was recently named to the newly created role of General Manager of Public Sector Solutions for Socure. Socure enables government agencies […]

INSTANDA and Incandesco join forces to innovate insurance practices further

Enabling insurers to streamline underwriting processes, Incandesco’s FireSwipe integration into the INSTANDA platform will empower companies to insure the most accurate risk possible. Minneapolis, MN, Oct. 12, 2021 (GLOBE NEWSWIRE) — A new partnership between insurance innovator INSTANDA and fellow industry disruptor Incandesco will empower insurance carriers and MGAs to streamline quoting and underwriting processes. […]

Total Expert and FinLocker Partner to Help Financial Institutions Provide a Personalized Path to Homeownership

With Total Expert driving relationship engagement, FinLocker enables consumers to achieve goals through personalized communication from their financial institutions MINNEAPOLIS, Oct. 12, 2021 (GLOBE NEWSWIRE) — Total Expert, the customer experience platform purpose-built for modern financial institutions, and FinLocker, a leading next-generation, consumer-permissioned personal financial fitness platform, today announced a partnership to provide the customers […]

ZSuite Closes Out Third Quarter Record Growth, Expanded Product Suite

–More than 3,500 businesses leverage provider’s digital tools, surpasses $40 million in deposits– WESTWOOD, Mass.–(BUSINESS WIRE)–#ZDeposit—ZSuite Technologies, a financial technology company that powers financial institutions with digital escrow products for specific commercial verticals, today announced it closed out the third quarter with record growth in terms of new customers and revenue. To date, the provider […]

This October, Pave Finance Is Launching an Investment Advisor Empowering Everyone to Manage Their Money Like a Billionaire

NEW YORK–(BUSINESS WIRE)–#equality–In March of 2020 as the Covid-19 pandemic swept through New York City, Pascal Cevaer-Corey, Pave Finance’s co-founder and CEO, was becoming increasingly concerned about wealth inequality. His frustration surrounding the lack of access everyday people had to high-quality financial tools had been growing steadily over his tenure as a McKinsey consultant. “I […]

Signature Federal Credit Union and Five County Credit Union Implement DeepTarget to Provide Member-Specific Digital Engagements and Personalized Financial Stories

HUNTSVILLE, Ala.–(BUSINESS WIRE)–DeepTarget Inc., a solution provider that utilizes data mining and business intelligence to deliver targeted engagements across digital channels for banks and credit unions, today announced that Alexandria, Va.-based Signature Federal Credit Union and Bath, Maine-based Five County Credit Union, have successfully implemented its Digital Experience Platform (DXP). The credit unions utilize DeepTarget’s […]

Ampla Secures $250 Million Commitment to Accelerate Growth of Tech-Enabled Lending Platform

NEW YORK–(BUSINESS WIRE)–Ampla Technologies (together with its affiliates, “Ampla” or the “Company”), a leading provider of tech-enabled financing solutions for emerging consumer brands, today announced it has raised $250 million through its entry into a credit facility agreement with Atalaya Capital Management LP (“Atalaya”), a New York-based alternative asset management firm. The additional capital positions […]

Customer FullscopeRMS Transforms its Business with Majesco and Salesforce

Majesco Recognized in Salesforce Partner Innovation Awards MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco announced that it has helped customer FullscopeRMS transform its business by implementing the first absence management product to the reinsurance industry, Majesco ClaimVantage Absence Management. For this innovative work, Majesco has been named a recipient of the 2021 Salesforce Partner Innovation Award in Financial Services. […]

CapWay Launches Inclusive Digital Bank With Finance-Inspired Lifestyle Products and Services

Fintech Startup Fills Gaps Left by the Traditional Financial System CapWay Town Hall CapWay Town Hall ATLANTA, Oct. 12, 2021 (GLOBE NEWSWIRE) — CapWay, Inc., a financial technology startup based in Atlanta, has announced the launch of its neobank, the core service in its financial system of inclusive products and services. With a CapWay Money […]

RAYL Innovations announces the completed build-out of RAYL.Apptive Super-App

VANCOUVER, British Columbia, Oct. 12, 2021 (GLOBE NEWSWIRE) — RAYL Innovations Inc. (“the Company“) is pleased to announce that, following extensive development and exhaustive testing; with teams spanning three continents, including North America, Europe and Asia; the Company has completed the build-out of RAYL.Apptive. The super app delivered via the cloud, as software as a […]

InsurTech NY Announces its 2021 Accelerator Cohort

InsurTech NY 2021 Accelerator Cohort 15 companies invited to the 2021 insurance accelerator including: 360F, Amplify, Bright Dime, JAUNTIN’, Manifest, PerfectQuote, Spring, Sqwire, Trusty.care, Humn.ai, Innoveo, Joshu, Safely, Steadily and a stealth startup NEW YORK, Oct. 12, 2021 (GLOBE NEWSWIRE) — InsurTech NY, the largest InsurTech community in North America, announced today its second growth-stage […]