Techwire


i2c and Solid Partner to Offer Issuing-Processing Solutions via Fintech as a Service

Fintechs collaborate to simplify the adoption of payments capabilities through a single, fully integrated suite of services REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a leading provider of digital payment and banking technology, today announced its partnership with Solid, a modern Fintech as a Service (FaaS) platform, to provide streamlined access to banking, payments, and card services […]

Q2 Helps Stanford Federal Credit Union Transform Its Digital Banking Experience

Q2 helps Stanford Federal Credit Union gamify member rewards dashboard, roll out new international wire transfer services and deliver a clean, modern interface AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced Silicon Valley-based Stanford Federal Credit Union (Stanford FCU) has partnered with Q2 to […]

AcordPay Joins Duck Creek Technologies’ Partner Ecosystem, Offering Insurers Streamlined, Automated Payables and Receivables

Integration eliminates the tedious process for an insurer of manually reconciling all producer payments while simultaneously reducing handling time and posting errors Boston, Sept. 15, 2021 (GLOBE NEWSWIRE) — Duck Creek Technologies (Nasdaq: DCT) announced today that AcordPay, a North American leader in insurance payments technology that provides a suite of payment solutions including ClearPay, […]

Thales Partners with EVERING to Secure the Next-Generation of Wearable Fashion in Japan

EVERING, a fast-growing Japanese FinTech startup, launches its NFC ring, bringing the convenience of contactless payment to Japanese consumers, leveraging a “Less is Smart” philosophy. Thales’ to provide embedded security and contactless technology, as well as payment personalisation services to deliver trusted transactions with the smart ring. This first partnership with a technology start-up in […]

TomoCredit Raises $10 Million in Series A Funding to Help Build Credit for First Time Borrowers

The FICO-free credit card brings increased diversity to the consumer credit industry with a focus on cash flow, not on credit scores for customers SAN FRANCISCO–(BUSINESS WIRE)–TomoCredit, a fintech company offering a credit card focused on building a credit history for first-time borrowers, today announced a $10 million Series A funding round led by Kapor […]

Mobile Money African Industry to 2026 – Featuring MTN, M-Pesa and Airtel Money Among Others

Dublin, Sept. 15, 2021 (GLOBE NEWSWIRE) — The “Africa Mobile Money Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering. The Africa mobile money market reached a transaction value of US$ 365.4 Billion in 2020. Mobile money is a payment type made using mobile phones. It is […]

OpenLegacy’s Digitally-Driven Integration Platform Delivers 353% ROI According to New Total Economic Impact Study

Study demonstrates the power of the OpenLegacy platform in driving significant benefits in cost of innovation and time-to-market PRINCETON, N.J.–(BUSINESS WIRE)–#fintech—OpenLegacy, which transforms monolithic mainframe systems into cloud-native building blocks of innovation, today announced findings from a newly published commissioned Total Economic Impact (TEI) study conducted by Forrester Consulting. The study determined that OpenLegacy’s Digital […]

WEX Signs New Fleet Card Agreement with the State of Minnesota

PORTLAND, Maine–(BUSINESS WIRE)–WEX (NYSE: WEX), a leading financial technology service provider, today announced it has been awarded and entered into the state-wide fleet card contract with the State of Minnesota through the NASPO ValuePoint Master Agreement. WEX is proud to expand its extensive government contract portfolio and continue working with state-wide fleets. NASPO ValuePoint is […]

Red House B2B Marketing Celebrates 20th Anniversary

ATLANTA–(BUSINESS WIRE)–#abm–Red House, an award-winning B2B marketing firm, is celebrating its 20th anniversary—or as clients might say, 20 years of results. Red House opened on March 1, 2001 in downtown Alpharetta, central to the B2B corporations that were situated along the area’s fiber optic infrastructure. After a couple of substantial account wins, the agency began […]

Fiserv and GalaxE.Solutions Bring Additional Tech Jobs, Training to Milwaukee

City’s underserved communities will benefit from expansion of workforce and community development via “Outsource to Milwaukee” MILWAUKEE–(BUSINESS WIRE)–#EthnicallyDiverse—Fiserv, a leading global provider of payments and financial services technology solutions based in Brookfield, Wis., and GalaxE.Solutions, a transformational technology services company, are collaborating to create local job opportunities through the GalaxE “Outsource to Milwaukee®” program. The […]

IRI and Banyan Partner to Unlock New Opportunities for Retailers and Consumers

Retailers obtain deeper understanding of their consumers and realize alternative revenue streams Consumers gain insight into spending history, enabling more-informed decision-making, and benefit from enhanced shopping experiences Partnership creates opportunity for $1.6 trillion in annual sales coverage to Banyan’s privacy-by-design data network CHICAGO & NEW YORK–(BUSINESS WIRE)–IRI®, a fast-growing, global leader in innovative solutions and […]

i2c Certifies on Mexico’s Prosa Payments Network

Addition of i2c signals company’s growth in region and provides greater market choice in issuing and processing American Express, Mastercard and Visa programs REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a leading provider of digital payment and banking technology, today announced its certification with Mexican payments network, Prosa, providing local banks and fintechs greater choice in issuing […]

Mambu & Modyo Sign Partnership Agreement

Companies will work to accelerate digital transformation in Financial Institutions using Mambu’s Composable Banking Cloud and Modyo’s Next-Gen Digital Experience Platform MIAMI & AMSTERDAM–(BUSINESS WIRE)–It gives us great pleasure to announce today that Mambu and Modyo have signed a partnership agreement whereby Modyo will connect its core DXP to Mambu’s composable banking cloud platform. Modyo […]

Finical Appoints New Chief Operating Officer

Darrell Peppers Named COO at Finical Featured Image for Finical Holdings, LLC. Featured Image for Finical Holdings, LLC. DALLAS, Sept. 14, 2021 (GLOBE NEWSWIRE) — Finical Holdings, LLC, a leading provider of electronic payments in North America, today announced it has appointed Darrell Peppers as its Chief Operating Officer.  Finical provides credit card processing services to […]

SIMON Welcomes AIG Life & Retirement to Annuities Platform

Financial professionals can run powerful allocation analytics on AIG annuities in SIMON’s centralized Marketplace NEW YORK–(BUSINESS WIRE)–#annuities—SIMON Annuities and Insurance Services LLC (SIMON) today welcomes AIG Life & Retirement as the most recent carrier to join SIMON’s centralized Marketplace and premier platform for wealth managers. AIG Life & Retirement will have a broad selection of […]

Passport Technology Partners With Angel Of The Winds Casino Resort to Provide Full Suite of Advanced Casino Payments and Cage Automation SolutionsSub

Featured Image for Passport Technology Featured Image for Passport Technology LAS VEGAS, Sept. 14, 2021 (GLOBE NEWSWIRE) — Passport Technology Inc. (“Passport”), a global leader of payment technology for the gaming industry, announced today the signing of a multi-year agreement with Angel Of The Winds Casino Resort, delivering advanced casino payments, dynamic marketing, and cage […]

William Blair Expands Investment Banking Footprint to Denver With Addition of Managing Director

DENVER & CHICAGO–(BUSINESS WIRE)–William Blair, the premier global boutique with expertise in investment banking, investment management, and private wealth management, today announced the addition of Michael Nelson as managing director in the firm’s growing Technology investment banking team. Drawing on his deep fintech sector expertise and industry relationships, Nelson will play a pivotal role in […]

UNest Integrates PayPal to Simplify How Parents Fund Kids’ Savings and Investment Accounts

— Marks one of the first-ever integrations of digital wallets into UTMAs/custodial accounts — NORTH HOLLYWOOD, Calif.–(BUSINESS WIRE)–UNest, the money app that allows parents to invest and save for their kids’ future, today announced an integration with PayPal. The collaboration will make it significantly easier for UNest members to fund their children’s investment and savings […]

QED Investors Closes $1.05 Billion Fund VII

Oversubscribed Fund VII will Invest in Early and Growth-Stage Fintech Businesses ALEXANDRIA, Va.–(BUSINESS WIRE)–QED Investors, a leading global fintech venture capital firm, announced that it closed a significantly oversubscribed seventh fund (“Fund VII”), with capital commitments of $1.05 billion. Fund VII is comprised of a $550 million early stage fund and a $500 million growth-stage […]

Polygon Lists TORG on Their Cross-chain Bridge

The utility-focused cryptocurrency TORG pursues a platform independent direction for global reach DUBAI, United Arab Emirates–(BUSINESS WIRE)–#CoinPayments–TORG today announced a cross-chain bridge to Polygon – formerly Matic, an Ethereum scaling full-stack solution bringing mass adoption to the Ethereum platform. Initially launched on the Ethereum (ERC20) platform, TORG has become a multichain cryptocurrency, allowing its users […]

Xendit Secures $150 Million Series C to Build Out Digital Payment Infrastructure Across Southeast Asia

After a Year of Record Growth – and With Capital Infusion from Tiger Global Management, Accel, Amasia, and Goat Capital – Xendit Achieves Unicorn Status. JAKARTA, Indonesia–(BUSINESS WIRE)–Xendit, the fastest growing payments infrastructure for Southeast Asia, today announced a $150 million Series C that elevated the company to a short list of Southeast Asia unicorns. […]

Snowflake Launches the Financial Services Data Cloud to Accelerate Customer-Centric and Data-Driven Innovation in the Financial Services Industry

Financial Services Data Cloud enables businesses to build disruptive, customer-centric products and create new revenue streams while enabling compliance with the highest standards of security and governance Snowflake’s product revenue from customers in the financial services industry grew more than 100% YoY* Approximately 57% of Financial Services firms in the Fortune 500 are using Snowflake** […]

Outseer Protects $100 Billion in Payment Transactions Year-to-Date via 3-D Secure

New Outseer™ Fraud & Payments Report confirms 44% jump in 3-D Secure volume fueled by Card-not-Present explosion and imminent PSD2 mandate BEDFORD, Mass.–(BUSINESS WIRE)–#CNP–Outseer, the leader in payment authentication and monitoring solutions, has published its third quarter Fraud & Payments Report, confirming that a massive $100 billion in transactions in 2021 alone have been protected […]

Vantage Selects Majesco Billing for P&C, Policy for P&C and Digital1st® Insurance as Foundational Platforms for Fueling Insight-Driven Underwriting

Majesco Billing for P&C was implemented in 9 weeks for wholesale billing MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that 2020 startup, Vantage Group Holdings Ltd. (Vantage) is now live with Majesco Billing for P&C for its insurance segment, with plans to also implement Majesco […]

Discover Named Title Sponsor of NHL Winter Classic®

2022 Discover NHL Winter Classic® Will Feature St. Louis Blues at Minnesota Wild from Target Field, Saturday, January 1, Exclusively on TNT Multi-Faceted Partnership Includes Brand Integrations Surrounding the Discover NHL Winter Classic®, Second Intermission Report Sponsorship during Turner Sports’ Inaugural Season of NHL Coverage & Additional Content Elements throughout the Season ATLANTA & NEW […]

FloQast™ Launches FloQast Ops to Drive Excellence Across Accounting Operations

The new workflow manager extends the power of FloQast Close to better connect with accounting operations and accelerate close velocity LOS ANGELES, Sept. 14, 2021 (GLOBE NEWSWIRE) — FloQast, a provider of accounting workflow automation software created by accountants for accountants, today announced the launch of FloQast Ops, a new workflow manager solution that addresses […]

Peach Finance Secures $20 Million in Series A Funding Led by Canapi Ventures

Funding to Accelerate New Credit Product Launches, Customer-focused Initiatives and Recruitment & Hiring Follows Rapid Customer Growth Since Inaugural Product Launch OAKLAND, Calif.–(BUSINESS WIRE)–Peach Finance (“Peach”), a modern SaaS-based loan servicing platform, today announced that it has raised $20 million in Series A funding. Canapi Ventures led the round with participation from existing and new […]

Fortuna Credit Launches New Multi-Lender Platform and Transforms the Lending Experience for Non-Prime Consumers and Lenders

SPARTANBURG, S.C.–(BUSINESS WIRE)–#fortunacredit–Every person is the architect of their own fortune. Fortuna Credit today announces the launch of a new platform that will transform the online lending marketplace and empower non-prime consumers to take control of their financial health. Operating online in all 50 states, Fortuna Credit is a multi-lender marketplace connecting consumers to financial […]

GTS Founder Announces New Digital Asset Trading Firm “Radkl”

Driven by Innovation and Premier Technologies, Radkl Will Focus on Proprietary Trading and Investing Strategies in Digital Asset Markets Point72’s Steven A. Cohen Has Agreed in Principle to be an Early Investor NEW YORK–(BUSINESS WIRE)–Radkl, a pioneering digital asset investment and proprietary trading firm, was launched by partners of GTS today. Point72’s Steven A. Cohen […]

Embroker Launches New Standalone, Digital-First Cyber and Crime Business Insurance Products

New Data Shows Lack of Awareness Among Small to Medium-Size Businesses Regarding True Risk of Cyberattacks SAN FRANCISCO–(BUSINESS WIRE)–Embroker, the digital platform making it radically simple to get business insurance, today announced the availability of two new standalone digital insurance products: Cyber Insurance and Commercial Crime Insurance. Embroker insurance products, built digitally from the ground […]

ACI Worldwide Ranked in the Top 20 Largest Global Providers of Financial Technology by IDC FinTech Rankings

MIAMI–(BUSINESS WIRE)–ACI Worldwide, a leading global provider of real-time payments and digital payment software solutions, today announced its ranking in the IDC Financial Insights 2021 FinTech Rankings. ACI is ranked 19 on this international list of financial technology companies that were judged according to their global revenues attributed to financial institutions. Now in its 18th […]

BioCatch Joins Alkami’s Gold Partner Program, Providing Alkami Customers With Access to World-class Fraud Detection Powered by Behavioral Biometrics.

World-class technology used by largest financial institutions now accessible to Alkami network users; providing top-tier fraud detection NEW YORK–(BUSINESS WIRE)–BioCatch, the market leader in behavioral biometrics technology, is pleased to announce that they are now part of Alkami Technology, Inc.’s (Nasdaq: ALKT) Gold Partner Program. This new partnership enables Alkami’s network of bank and credit […]

Grow Credit Secures $106 Million to Offer Banks, Apps, Websites, and Employers a Platform to Help Consumers Build Credit and Save on Subscription Payments

SANTA MONICA, Calif.–(BUSINESS WIRE)–#creditbuilding—Grow Credit, a Black-owned financial inclusion platform, which partnered with MasterCard last year to help consumers leverage their subscription payments to build credit for free on Equifax, Transunion, and Experian, announced today that it has raised a $106.3 million financing seed round, comprised of $6.3 million in equity financing from various investors […]

GBT Filed a Non-Provisional Patent Application For Its Apollo Wireless Motion Detection and Imaging System

The comprehensive patent protects the radio based, motion detection and real-time imaging technology that can be implemented in a wide variety of domains SAN DIEGO, Sept. 14, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”), filed with the U.S. Patent and Trademark Office (“USPTO”) with fast-track request a non-provisional patent, […]

Deloitte and HighRadius Sign a Strategic Alliance to Accelerate Digital Transformation in the Office of the CFO

An alliance that delivers true ‘People-Process-Technology’ transformation that helps global enterprises maximize their financial performance in the age of digital. HOUSTON–(BUSINESS WIRE)–#AI—HighRadius, the Artificial Intelligence-powered Order-to-Cash and Treasury Management software leader, and Deloitte today announced a strategic alliance that will streamline the work of the Office of the CFO, using the HighRadius Autonomous Software platform. […]

Ault Global Holdings Takes Delivery of 1,000 S19j Pro Antminers to Be Deployed Promptly

LAS VEGAS–(BUSINESS WIRE)–$AGH #AP—Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced today that its wholly owned subsidiary, Ault Alliance, Inc. (“Ault Alliance”), has taken delivery of 1,000 S19j Pro model Antminers (the “Antminers”). On February 1, 2021, the Company announced that it was resuming bitcoin mining through the acquisition […]

Atmos Financial Launches Checking Accounts, Mobile App — Giving Consumers Climate-positive Control Over Personal Finance

Customers can earn above-industry average savings rates while leveraging their deposits to fight climate change. BERKELEY, Calif.–(BUSINESS WIRE)–#banking–Atmos Financial, a climate fintech company leveraging bank deposits to finance the clean energy transition, launched a groundbreaking checking account today that empowers customers to use their cash deposits to reverse global warming. Bank deposits are among the […]

Global Mobile Payment Methods 2021 Post COVID-19

Dublin, Sept. 14, 2021 (GLOBE NEWSWIRE) — The “Global Mobile Payment Methods 2021 Post COVID-19” report has been added to ResearchAndMarkets.com’s offering. Global Mobile Payment Methods 2021 Post COVID-19 provides insights into the current state and future trends of the mobile payment market in the world. Among other findings, the publication reveals that the value […]

GMO Payment Gateway Promoting Impact Financing for Financial Inclusion FinTech Companies

Impact debt to SATYA, a leading Indian microfinance institution of Gojo group TOKYO, Sept. 14, 2021 (GLOBE NEWSWIRE) — GMO Payment Gateway, Inc. (TSE First Section: 3769, President & Chief Executive Officer: Issei Ainoura, hereinafter “GMO-PG”), of the GMO Internet Group, which develops comprehensive payment-related services and financial services, has funded impact debt to SATYA […]

Net 1 Reports Fourth Quarter and Year End 2021 Results

JOHANNESBURG, South Africa, Sept. 13, 2021 (GLOBE NEWSWIRE) — Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS; JSE: NT1) today released results for the fourth quarter and year ended June 30, 2021. Financial Highlights: Net increase of approximately 23,000 EasyPay Everywhere (EPE) account holders during Q4 2021, and an additional 61,000 – combined – in July […]