The innovative SaaS company adds Menda Sims to the team, strengthening its roster of execs leading the fintech to unicorn status ORLANDO, Fla., Sept. 01, 2021 (GLOBE NEWSWIRE) — Stax by Fattmerchant, the industry’s only complete all-in-one solution for managing everything in the payments ecosystem, today announces the appointment of Menda Sims as chief payments […]
CAIS Platform manager Angelo Gordon to provide insights during CAIS’ exclusive alts track at SALT NY NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform, today announced that Angelo Gordon will be participating in the CAIS Alternative Investments Track at SALT NY. Angelo Gordon is a global alternative investment manager with more than $44 billion in […]
– Post-hoc analysis demonstrates sustained improvement of static glabellar lines with repeated treatment of DaxibotulinumtoxinA for Injection – Results suggest that the extended duration of therapeutic benefit with DaxibotulinumtoxinA for Injection can produce dermal remodeling due to the prolonged period of muscle inactivity NASHVILLE, Tenn.–(BUSINESS WIRE)–Revance Therapeutics, Inc. (Nasdaq: RVNC) a biotechnology company focused on […]
Launch Follows Extension of Partnership with MSCI to Expand ICE MSCI Offering in Asia Pacific ICE is the most liquid venue to trade MSCI derivatives and offers more than 100 futures contracts SINGAPORE–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, and MSCI Inc. (NYSE:MSCI), a leading provider of […]
SAN CARLOS, Calif., Sept. 01, 2021 (GLOBE NEWSWIRE) — Oportun Financial Corporation (NASDAQ:OPRT), a financial services company and digital platform that provides hardworking people with access to responsible and affordable loans, today announced the addition of two new independent board members to its diverse Board of Directors. Effective as of September 1, 2021, the appointments […]
Implementation of interoperable and market-led financial data sharing API standard continues to grow in the US and Canada. RESTON, Va.–(BUSINESS WIRE)–#FDXAPI—The Financial Data Exchange (FDX) today reports that 22 million consumer accounts are now using its FDX API for open finance data sharing. Since FDX’s last report in April 2021, over 1 million additional consumer […]
SAN DIEGO–(BUSINESS WIRE)–#CarbonReduction—Radicle Growth, a company-building platform for early-stage ag and food technologies, today announces its partnership with UPL, a global provider of sustainable agriculture products and solutions. The partners have come together to run “The Radicle Carbon and Soil Challenge by UPL”, which sets out to invest $1.25M USD in two start-up companies that […]
ALEXANDRIA, La., Aug. 31, 2021 (GLOBE NEWSWIRE) — Red River Bank has announced its planned expansion into the New Orleans, Louisiana, market and has hired Meghan Donelon as its New Orleans market president. A New Orleans native and Louisiana State University graduate, Meghan brings to the role a wealth of financial-services experience in large markets, […]
World’s first utilimeme eyes extended board competencies in pursuit of its revolutionary mission DUBAI, United Arab Emirates–(BUSINESS WIRE)–#BitMart—TORG, the world’s first utilimeme cryptocurrency, has been launched and is making fresh ripples in a sea of cryptocurrencies. Over 6,000 cryptocurrencies have been launched to date. One would have thought that there wouldn’t be much appetite for […]
Premier wealthtech provider unveils its vision for a unified advisor platform by merging software, investments, and psychology SCOTTSDALE, Ariz.–(BUSINESS WIRE)–From the floor of its first in-person user conference in two years, Orion Advisor Solutions announced its vision for the future of financial advice: a connected wealthtech and investment powerhouse, designed to drive advisor growth and […]
Transparent Service Manages Non-Discretionary Expenses and Combats Predatory Lending CHICAGO–(BUSINESS WIRE)–$AFRM #BuyNowPayLater—Willow, the fast-growing fintech that allows consumers to pay their bills on time with a simple pay-in-four plan, today introduced its proprietary and automated solution specifically designed for non-discretionary spending. Since launching in April, Willow has quickly gained consumer adoption for its inclusive offering, […]
Noyo’s API infrastructure solution for fast, accurate data exchange broadens Guardian Life’s connections to some of the leading benefits administration platforms across the industry SAN FRANCISCO–(BUSINESS WIRE)–#API–Noyo, the leading API platform powering the age of connected insurance, today announced an expansion of its partnership with The Guardian Life Insurance Company of America® (Guardian Life). With […]
MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that it has been recognized as a Challenger in the August 2021 Gartner Magic Quadrant for Life Insurance Policy Administration Systems, North America [1]. Per the report, which evaluates 15 vendors, “The pace of policy administration system adoption […]
SAN FRANCISCO–(BUSINESS WIRE)–Prelim, a fintech provider optimizing digital banking experiences for financial institutions, has announced a proprietary framework technology that allows banks and credit unions to connect with any technology company, including core providers, through a single line of code. Traditionally, community financial institutions in particular have been challenged to create thousands of lines of […]
The executive education courses will upskill professionals in smart transportation technologies and data-driven decision making BOSTON–(BUSINESS WIRE)–Esme Learning and the Massachusetts Institute of Technology (MIT) have expanded their collaboration in online executive education with two new six-week courses: Data Strategy: Leverage AI for Business and Smart Mobility: The Future of Transportation Tech & Sustainable Cities. […]
LOS ANGELES–(BUSINESS WIRE)–SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, announced it will host the first-ever Sequire EdTech Conference, a one-day investor event featuring prominent virtual work and remote learning companies. Event: 2021 Sequire EdTech Conference Date: September 13th, 2021 Time: […]
SHENZHEN, China–(BUSINESS WIRE)–OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service platform for financial institutions in China, today responded to certain allegations made about the Company circulated online. The Company first became aware of these allegations on August 20, 2021 from an anonymous whistleblower complaint containing multiple unsubstantiated claims, including […]
— Certification allows Evervault to remove the burden of maintaining cardholder data security standards from its customers so they can focus on their business with new peace of mind — On the heels of its HIPAA and SOC 2 Type II compliance announcements, Evervault is one step closer to achieving its goal of ending data […]
CAIS Platform manager Axonic Capital to provide insights during CAIS’ exclusive alts track at SALT NY NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform, today announced that Axonic Capital (“Axonic”) will be participating in the CAIS Alternative Investments Track at SALT NY. Axonic Capital is a global alternative investment manager with $4.5 billion in AUM. […]
Digital River’s pivot from legacy technology company to agile solutions provider yields results by simplifying ecommerce for a growing client base MINNEAPOLIS–(BUSINESS WIRE)–Digital River, an experienced global commerce enabler for established and fast-growing brands, announced today it signed a record-breaking number of new clients in the second quarter of 2021, outpacing 2020’s Q2 performance by […]
Buffalo, New York employee benefits and human resources advisory firm was acquired by SDN Insurance Agency, Financial Institutions’ insurance subsidiary WARSAW, N.Y., Aug. 31, 2021 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (NASDAQ:FISI) (the “Company”), parent company of Five Star Bank (the “Bank”), SDN Insurance Agency, LLC (“SDN”), Courier Capital, LLC (“Courier Capital”) and HNP Capital, […]
WILMINGTON, N.C. and DUBAI, United Arab Emirates, Aug. 31, 2021 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced its participation in the Middle East Banking Innovation Summit Plus 2021 (MEBIS Plus 2021) on September 15-16, 2021, in Dubai, UAE. […]
Early results show steep increases in approval rates and automation NEW YORK–(BUSINESS WIRE)–Leading global AI-powered credit decision platform provider, Scienaptic AI today announced that Gesa Credit Union has completed implementation and is now live on its platform. The deployment enables Gesa to make automated, AI-driven, smart credit decisions while enhancing credit access to members. Using […]
SAN DIEGO, Aug. 31, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”), evaluates developing a driver monitoring system based on its wireless movement and position detection technology, internal project code name Apollo. Apollo is an intelligent method and system to detect motion-based radio waves. An AI system controls radio wave […]
Continued inflation rises could impact debt levels and insolvencies TORONTO, Aug. 31, 2021 (GLOBE NEWSWIRE) — New mortgage volumes climbed to over 410k during Q2, the highest ever volume recorded in a single quarter. This is a 60.2 per cent increase compared to the same period in 2020, according to Equifax Canada’s most recent consumer […]
SHANGHAI–(BUSINESS WIRE)–“The Story of New Finance in China (II)” is a video series on YouTube that explains the latest innovative technologies and how they affect financial institutions in China. The series goes over a variety of financial technologies (called FinTech, for short) including artificial intelligence (AI), cloud computing, blockchain, robotics, big data, and satellite remote […]
BASINGSTOKE, England–(BUSINESS WIRE)–#b2bpaymentslandscape–A new study from Juniper Research has found the transaction value of B2B cross-border payments of all payment types will exceed $42.7 trillion in 2026, from $34 trillion in 2021. The research identified that growth of over 25% is being driven by increased popularity of eCommerce marketplaces, which are generally cross-border in nature. […]
HONG KONG–(BUSINESS WIRE)–#COVID19–Pacific Prime, a global health insurance brokerage and employee benefits specialist, has released the fourth edition of their annual State of Health Insurance Report. Taking a deep dive into the International Private Medical Insurance (IPMI) space, the report gathers insight from key industry leaders such as Julian Mengual, CEO – South East Asia […]
Premier payments industry event returns to Salt Lake City in February in collaboration with the U.S. Payments Forum ENGLEWOOD, Colo., Aug. 30, 2021 (GLOBE NEWSWIRE) — The Secure Technology Alliance today announced the 2022 Payments Summit, the only payments event providing practical, actionable guidance that can be used to develop strategies for implementing trending or new […]
Joint venture to launch Olea, a digital blockchain-enabled trade finance platform NEW YORK–(BUSINESS WIRE)–Standard Chartered, a leading international banking group, and Linklogis, a leading supply chain finance technology solution provider in China, today announced a joint venture to establish Olea, a fully-digitised trade finance origination and distribution platform that aims to bring together institutional investors […]
Cross-border payments and remittance transaction, even if essential, appear as a commodity for most customers; as a result, the fee structure has to be lowered to not appear as a pain point during the transaction, especially for the digital channel. New York, Aug. 30, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report […]
Demand for modern digital banking grows as more credit unions partner with fintech to deliver superior member experience DETROIT–(BUSINESS WIRE)–Digital banking provider Bankjoy is expanding its reach to more than one million members nationwide, demonstrating a strong and growing demand for its digital platform. This milestone comes on the heels of adding several more credit […]
In six-month timespan, LeaseLock has more than doubled its leases insured, eclipsing $2 billion mark LOS ANGELES–(BUSINESS WIRE)–LeaseLock, the world’s leading insurtech provider for real estate, today announced that Western Wealth Communities (WWCo) is implementing LeaseLock Zero Deposit™ to eliminate the financial and administrative burdens of security deposits. The rollout of Western Wealth also signals […]
Funding will be used to expand product offering and international reach as FV Bank redefines banking for fintech, blockchain and cryptocurrency firms San Juan, Puerto Rico, Aug. 30, 2021 (GLOBE NEWSWIRE) — (via Blockchain Wire) FV Bank (www.fvbank.us), the rapidly growing dual licensed challenger bank and digital asset custodian, has announced the successful closing of its […]
NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that a record 20,732 Micro NYSE FANG+™ Index futures traded on August 26, marking its highest volume day. Average daily volume has grown to a record 8,423 contracts in August. “The U.S. technology sector has had a […]
MOOREFIELD, W.Va., Aug. 27, 2021 (GLOBE NEWSWIRE) — Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a third quarter 2021 dividend of $0.18 per share payable on September 30, 2021 to common shareholders of record as of the close of business on September 15, 2021. Summit Financial Group, […]
$MJWL – Majic Presents CGCX Revenues & Business Lines $MJWL – Revenues & Projections Houston, Texas, Aug. 27, 2021 (GLOBE NEWSWIRE) — Majic Wheels, Corp. (OTC Pink: MJWL) (“Majic” or the “Company”), a Delaware corporation, that is positioning itself as a player in the disruptive industries of fintech and software development by means of acquisitions, […]
The WealthTech Solution Market Growth impelled by increasing number of banks, growing use of artificial intelligence in different verticals and surge in demand for financial analytics services; in 2020, the wealth management firms segment accounted for the largest market share. New York, Aug. 27, 2021 (GLOBE NEWSWIRE) — WealthTech Solution Market: Key InsightsAccording to our […]
LONDON & NEW YORK & SINGAPORE–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record total futures open interest of more than 48.1 million contracts on August 25, 2021. ICE’s North American natural gas futures and options, which includes Henry Hub and U.S. Basis Markets contracts, hit […]
Zeal helps SaaS platforms and direct employers build enterprise-level payroll products and scale their business SAN FRANCISCO–(BUSINESS WIRE)–Zeal (formerly Puzzl), an API-first payroll infrastructure provider, today announced a $13 million Series A round led by Spark Capital, with participation from Commerce Ventures and notable individual investors including: Marqeta CEO and Founder Jason Gardner and CRO […]
