NEW YORK–(BUSINESS WIRE)–Liquidity Capital, the global fintech and fund manager, today announced the closing of a $7M credit facility for deep-learning software company, Avaamo; a deal that took 24 hours to complete thanks to Liquidity Capital’s disruptive DYNAMiCs platform. Liquidity Capital’s DYNAMiCs platform uses machine learning technology to process due diligence and investment data in […]
New technologies give underserved consumers unprecedented access to lease durable goods under flexible LTO transactions with Acima and provide growth opportunities for retailers PLANO, Texas–(BUSINESS WIRE)–Acima, a virtual lease-to-own (LTO) Fintech business of Rent-A-Center, Inc. (NASDAQ/NGS: RCII), today launched new game changing LTO technologies that will empower underserved consumers and remove transaction barriers between these […]
BRUSSELS–(BUSINESS WIRE)–Excellerant Inc. (EXCL:OTC US), a technology focused investment holding company, today announced the appointment of Mr. Mirsad Devic as CEO as the company ramps up its investment activities in Europe and the US markets. Mr. Devic brings to the role more than 20 years of management experience having worked at the crossroads of technology, […]
Company achieves new milestone with AAA-rated issuance and record execution DALLAS, Aug. 02, 2021 (GLOBE NEWSWIRE) — Tricolor, an AI-powered CDFI providing high quality, affordable used vehicles and financing to underserved Hispanics, today announced its seventh securitization, an issuance of $234 million of asset-backed bonds secured by a pool of its installment loans. JPMorgan Securities […]
Toronto, Aug. 02, 2021 (GLOBE NEWSWIRE) — Versapay Corporation, a leading provider of cloud-based payments and accounts receivable (AR) automation solutions, announced the addition of Caroline Donahue and Leah Sweet to its board of directors. Both bring a wealth of experience in the FinTech industry, and their appointments position Versapay to continue its expansive growth in the B2B payments and AR automation market. Caroline Donahue was formerly the Chief Sales and […]
NEW YORK–(BUSINESS WIRE)–Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Credit Union of Colorado has selected its AI-powered platform. The implementation will enable the credit union to make stronger, faster credit decisions and enhance financial options for its members. Founded in 1934, Credit Union of Colorado was initially established to support state […]
The digital token focused on powering an entire economy on cryptocurrency NEW YORK–(BUSINESS WIRE)–#Ducx–Ducatus, a FinTech start-up whose vision is to make user-oriented blockchains available to everyday people, announced that its DucatusX (DUCX) token will begin trading on Pancake Swap today. The company is working towards realizing a purely cashless economy where digital payments are […]
Historic Actions Mark Q2 PHOENIX, July 30, 2021 (GLOBE NEWSWIRE) — Republic Bank of Arizona, the wholly-owned subsidiary of RBAZ Bancorp, Inc. (OTCBB:RBAZ), (“RBAZ”) (“Bank”) announced a net income of $490,000, or $0.27 per share, for the quarter ended June 30, 2021 and $1,047,000, or $0.58 per share, for the six months ended June 30, […]
JONESTOWN, Pa., July 30, 2021 (GLOBE NEWSWIRE) — JBT Bancorp, Inc. (OTC Pink: JBTC) reported earnings of $3,158,000 or $1.30 per share for the second quarter of 2021, up 128% from $1,388,000 or $0.57 per share in the prior year. “Earnings were positively impacted by increases in loan interest income, mortgage profits, and fees earned […]
ASHEVILLE, N.C., July 30, 2021 (GLOBE NEWSWIRE) — HomeTrust Bancshares, Inc. (NASDAQ: HTBI) (“Company”), the holding company of HomeTrust Bank (“Bank”), announced today that the annual meeting of stockholders will be held at 10:00 a.m., local time on November 15, 2021, at the Cambria Hotel, located at 15 Page Avenue, Asheville, North Carolina. About HomeTrust […]
Record liquidity across diverse asset classes LONDON & NEW YORK & AMSTERDAM–(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 million contracts on July 27, 2021. Open interest across ICE’s global environmental complex hit a record 2.86 million […]
ISELIN, N.J., July 30, 2021 (GLOBE NEWSWIRE) — Provident Financial Services, Inc. (NYSE:PFS) (the “Company”) reported net income of $44.8 million, or $0.58 per basic and diluted share, for the three months ended June 30, 2021, compared to net income of $14.3 million, or $0.22 per basic and diluted share, for the three months ended […]
Shreveport, Louisiana, July 29, 2021 (GLOBE NEWSWIRE) — Home Federal Bancorp, Inc. of Louisiana (the “Company”) (Nasdaq: HFBL), the holding company of Home Federal Bank, reported net income for the three months ended June 30, 2021 of $1.3 million compared to net income of $1.0 million reported for the three months ended June 30, 2020. […]
FAIRFIELD, N.J., July 29, 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 June 30, 2021 of $18.5 million, or $0.24 per diluted share, compared to $16.4 million, or $0.20 per diluted share, for the quarter ended […]
WARSAW, N.Y., July 29, 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 second quarter ended June 30, 2021. […]
Trading.TV Is the First And Only Fintech Platform Purpose Built for the Creator Economy NEW YORK–(BUSINESS WIRE)–Trading.TV, the world’s first social livestream and immersive chat platform for traders and financial content creators, announced today the launch of its platform, closed beta and a $6.1M seed funding round led by L Catterton Growth, Activant, Navy Capital […]
Construction-Focused VCs Lead the Funding Round With User Savings up to 15%, QuoteToMe Offers the Real Promise of Digitizing the Procurement of Construction Materials & Accounting Reconciliation EDMONTON, Alberta–(BUSINESS WIRE)–QuoteToMe, which is digitizing the construction industry’s procurement and financial processes, today announced it has funded a fully subscribed VC investment round of $2.5 million (CAD). […]
QuadraGen is an early stage company helping to transform commercial lending for financial institutions worldwide NEW YORK–(BUSINESS WIRE)–QuadraGen announces the launch of its next generation commercial loan servicing SaaS platform to help financial institutions transform their complex loan processing capabilities. The QuadraGen Platform supports various areas of loan operations, enabling more efficient and effective processing […]
Game-changing solution streamlines institutional investor reporting with a centralized record of performance and asset data that GPs manage and control SAN FRANCISCO–(BUSINESS WIRE)–#CRE—Juniper Square, the leading provider of investment management solutions for commercial real estate (CRE), today announced the launch of Institutional Reporting, the industry’s first networked reporting system designed to unite institutional LPs and […]
NEW YORK–(BUSINESS WIRE)–#FRR—Wolters Kluwer Finance, Risk and Regulatory Reporting (FRR), today announces Varo® Bank, N.A. as a new customer. Varo, the first consumer fintech in US history to be granted a national bank charter, has successfully filed regulatory reports using Wolters Kluwer’s OneSumX for Regulatory Reporting software. OneSumX for Regulatory Reporting combines bank data into […]
New CRM integrations and data-driven features help financial institutions level-up customer engagement MINNEAPOLIS, July 29, 2021 (GLOBE NEWSWIRE) — Total Expert, the CRM and customer engagement platform purpose-built for the financial services industry, today released an expanded platform, complete with powerful integrations and innovative product updates within Total Expert. The new functionality and data integrations […]
LendingPoint closes its largest ABS issuance ever, which increases its total issuance amount to over $3 billion KENNESAW, Ga.–(BUSINESS WIRE)–LendingPoint, a financial technology platform, today announced the closing of its largest securitization to date: LendingPoint 2021-A Asset Securitization Trust (“LDPT 2021-A”), which was $542,360,000 in size, rated by KBRA, and backed by a pool of […]
— New Platform Adheres to Strong Values When Making Sense of Financial Markets — NEW YORK–(BUSINESS WIRE)–#fintech—StoryTrading, a new social investing platform that helps individual investors and traders by understanding the story behind the trade, today announced it has partnered with fintech strategic advisory firm FS Vector to establish Guidelines for Ethical Collaboration among those […]
Socure announces industry-first capabilities, including eCBSV support as part of an integrated KYC solution and hyper-accurate address normalization, as well as SSN pre-fill for improved customer experience NEW YORK–(BUSINESS WIRE)–#dataprotection—Socure, the leading provider of digital identity verification and trust solutions, today introduced several technologies as it further expands its KYC solution, currently used by top […]
The partnership allows financial institutions immediate access to solutions and services that enable them to manage products in a central catalog and offer personalized customer journeys. LISBON, Portugal, July 29, 2021 (GLOBE NEWSWIRE) — Zafin, the world’s leading SaaS cloud-native product and pricing solutions for financial institutions, today announces that it has partnered with Bring […]
ASHEVILLE, N.C., July 29, 2021 (GLOBE NEWSWIRE) — HomeTrust Bancshares, Inc. (NASDAQ: HTBI) (“Company”), the holding company of HomeTrust Bank (“Bank”), today announced a preliminary net loss for the fourth quarter of 2021 and approval of its quarterly cash dividend. The loss was driven by expenses previously announced by the Company related to branch closures […]
ABERDEEN, Wash., July 29, 2021 (GLOBE NEWSWIRE) — Pacific Financial Corporation (OTCQX: PFLC), (“Pacific Financial” or the “Company”), the holding company for Bank of the Pacific (the “Bank”), today reported net income of $3.7 million, or $0.36 per diluted share for the second quarter of 2021, compared to $2.4 million, or $0.23 per diluted share […]
By integrating with the Alipay+ solution, Nuvei is making cross-border payments easier for merchants to tap into more than 1.2 billion e-wallet users MONTREAL and HANGZHOU, China, July 29, 2021 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, and Alipay, the world’s leading digital payment platform […]
Python-based Access to Governed Source of Enterprise Metrics and Data Models BOSTON–(BUSINESS WIRE)–AtScale, the leading provider of semantic layer solutions for modern business intelligence and data science teams, today announced the availability of AtScale AI-LinkTM. AI-Link provides a python interface to AtScale, rich with business context and metrics, to connect data science and augmented analytics […]
The integration automates processes and increases control of payment methods on Provana’s repayment platform ATLANTA–(BUSINESS WIRE)–Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”), a leading provider of vertically-integrated payment solutions, today announced a technology integration with Provana, a leading platform for credit and collections process management. Through the integration, Provana customers can now leverage REPAY’s payment processing […]
– Texas’ oldest state bank utilizes HC3 to enhance customer experience through communications – BIRMINGHAM, Ala.–(BUSINESS WIRE)–In an effort to improve digital customer experience, Gainesville, Texas-based First State Bank ($1.4 billion in assets) partnered with HC3, a data-driven tech company delivering customer communications, to refresh all digital presentments. Through the implementation of HC3’s services, First […]
Pentadata partners with Akoya to expand API-based data connections to several of the largest North American banks SAN FRANCISCO–(BUSINESS WIRE)–Pentadata Inc., leading the industry with the first fully secured API-based financial data platform, today announced it has signed an agreement to use the Akoya Data Access Network. Known for supporting data developers with building fintech […]
VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, announces that its wholly owned subsidiary, Carta Worldwide (“Carta”), a modern card issuing platform, is powering key public sector payment initiatives in the United Kingdom (“UK”) in partnership with leading payments solutions provider allpay, the UK market […]
STRASBURG, Va., July 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 $3.3 million, or $0.69 per diluted share, for the second quarter of 2021, which resulted in return on average assets of 1.31% […]
MOOREFIELD, W.Va., July 29, 2021 (GLOBE NEWSWIRE) — Summit Financial Group, Inc. (“Company” or “Summit”) (NASDAQ: SMMF) today reported financial results for the second quarter of 2021, including continued strong earnings on growth in loans and total revenue, as well as lower credit costs. Second quarter 2021 net income applicable to common shares totaled $10.4 […]
Dublin, July 29, 2021 (GLOBE NEWSWIRE) — The “Payment Gateway Market Size, Share & Trends Analysis Report by Type (Hosted, Non-hosted), by Enterprise Size, by End Use (BFSI, Retail & E-commerce), by Region and Segment Forecasts, 2021-2028” report has been added to ResearchAndMarkets.com’s offering. The global payment gateway market size is expected to reach USD […]
Southampton, Pennsylvania, July 28, 2021 (GLOBE NEWSWIRE) — Quaint Oak Bancorp, Inc. (the “Company”) (OTCQB: QNTO), the holding company for Quaint Oak Bank (the “Bank”), announced today that net income for the quarter ended June 30, 2021 was $1.5 million, or $0.76 per basic and $0.72 per diluted share, compared to $731,000, or $0.37 per […]
NEW YORK–(BUSINESS WIRE)–KBRA Analytics releases this month’s edition of The Bank Treasury Newsletter, the Bank Treasury Chart Deck, and Bank Talk: The After-Show. This month’s newsletter, Bank Treasurers Wish They Could Fly, reviews highlights from the Q2 2021 earnings results reported this month by the banking industry, focusing as usual on the treasury strategy it […]
Duck Creek’s commercial customers can plug real-time data and insights into their insurance processes – from marketing, quote and bind, to life of policy and renewal NEW YORK, July 28, 2021 (GLOBE NEWSWIRE) — Planck, an AI-based data platform for commercial insurance, announced today it has partnered with Duck Creek Technologies (Nasdaq: DCT), a leading […]
Joe Wheeler HTLF announces Director of Customer Experience DUBUQUE, Iowa, July 28, 2021 (GLOBE NEWSWIRE) — HTLF announced today that Joe Wheeler has been named Director of Customer Experience. In this role, Wheeler will oversee the strategy, planning and execution of the company’s overall customer experience goals and initiatives. In collaboration with business lines and executive management, he […]
