Techwire


Infinicept Launches Partner Network to Drive the Transformation to Software-Led Payments

Denver, July 19, 2021 (GLOBE NEWSWIRE) — Infinicept, a leading provider of embedded payments, today announced the launch of its Partner Network to help software and fintech companies get payments going their way. The Partner Network is designed to meet the evolving needs of companies as they embed payments into their digital experiences, providing them […]

CIBC and CIBC Asset Management Launch a New Suite of Sustainable ETFs on the NEO Exchange

20 ETF issuers now listed on NEO TORONTO–(BUSINESS WIRE)–$CSBA #CIBC—NEO is proud to welcome CIBC Asset Management (“CIBC AM”), the asset management subsidiary of CIBC, for their first-ever listings on the NEO Exchange with the launch of six actively managed, sustainable ETFs. CIBC has now become the 20th ETF Manager to list on NEO. Seeking […]

New York and Connecticut Approve Latest Version of OCTO Telematics DriveAbility® Advanced Score for Auto Insurance Pricing

BOSTON–(BUSINESS WIRE)–#analytics–OCTO Telematics, the leading insurance and fleet telematics services and analytics provider, today announces that the latest version of OCTO DriveAbility® Advanced Score was approved for use for auto insurance pricing in both New York and Connecticut. DriveAbility Advanced Score is approved for use in most U.S. states and has been widely used by […]

Versapay and PYMNTS Publish Research Based on 400 CFOs’ Insights on Digital Transformation in Accounting and Finance Departments

Toronto, July 19, 2021 (GLOBE NEWSWIRE) — In partnership with Versapay, a leading provider of cloud-based payments and accounts receivable automation solutions, PYMNTS.com has published new research examining the digital shift currently taking place within finance departments and the driving forces behind it. Based on a survey of over 400 Chief Financial Officers, the report, “The Strategic Role of the CFO: How AP […]

Veritex Holdings, Inc. Completes Investment in Thrive Mortgage

DALLAS, July 19, 2021 (GLOBE NEWSWIRE) — Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex” or the “Company”), the parent holding company for Veritex Community Bank (the “Bank”), today announced the Bank has completed the investment to acquire a 49% interest in Thrive Mortgage, LLC (“Thrive”) for $53.9 million in cash. As part of the investment, the […]

Numerica Credit Union Chooses Scienaptic to Empower AI Credit Decisioning Across Loan Products and Services

NEW YORK–(BUSINESS WIRE)–Leading global AI-powered credit decision platform provider, Scienaptic AI announced Numerica Credit Union has selected the company’s AI-powered platform to enhance its overall credit decisioning for several of its lending products and services, including consumer and commercial underwriting, CLI for credit cards, preapprovals, best credit product recommendations for members and credit risk assessment […]

Klar Raises Series B Led by General Atlantic to Support Growth of Its Digital Financial Services Platform in Mexico

MEXICO CITY–(BUSINESS WIRE)–Klar, a leading digital financial services platform providing a transparent, free and secure alternative to traditional debit and credit services in Mexico, today announced its Series B funding round, subject to applicable regulatory approvals, including clearance of the Mexican Banking and Securities Commission (CNBV) and the Mexican Economic Competition Commission (COFECE). General Atlantic, […]

Juniper Research: Over Half of Global Population to Use Digital Banking in 2026; Driven by Banking Digital Transformation

BASINGSTOKE, England–(BUSINESS WIRE)–#baas–A new Juniper Research study has found that 53% of the world’s population will access digital banking services in 2026; reaching over 4.2 billion digital banking users, from 2.5 billion in 2021. The research identified increased digital transformation efforts as enabling banks to function effectively during the pandemic; justifying the benefits of digital […]

RHCO Announces the Signing of Letter of Intent (LOI) for Acquiring Majority Shares of Ecoolex

$RHCO – Readen Holding Corp. Smart Merchant Service Platform with OkeApp & OkePay $RHCO – Readen Holding Corp. Smart Merchant Service Platform with OkeApp & OkePay Hong Kong, China, July 16, 2021 (GLOBE NEWSWIRE) — Readen Holding Corp. (OTC Pink: RHCO), a Venture Capital Corporation, today announced that they have signed a Letter of Intent […]

Marble Financial Becomes a Member of the Financial Data and Technology Associations (FDATA) To Support Its Open Banking & Data Privacy Strategy

VANCOUVER, British Columbia, July 16, 2021 (GLOBE NEWSWIRE) — Marble Financial Inc. (CSE: MRBL; OTC: MRBLF; FSE:2V0) (“Marble” or the “Company”), an AI-driven financial technology company that educates and helps Canadians better understand and manage their current cash flow and credit towards a better financial future, is pleased to announce that it has joined as […]

Global Power Banks Market to Reach $17.7 Billion by 2027

Abstract: Global Power Banks Market to Reach $17. 7 Billion by 2027. Amid the COVID-19 crisis, the global market for Power Banks estimated at US$8. New York, July 16, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Power Banks Industry” – https://www.reportlinker.com/p05896300/?utm_source=GNW 5 Billion in the year 2020, is projected to […]

Ackroo continues U.S. expansion

Ackroo increases US based revenues and adds talent HAMILTON, Ontario, July 16, 2021 (GLOBE NEWSWIRE) — Ackroo Inc. (the “Company” or “Ackroo”) (TSX-V: AKR) (OTC: AKRFF), a loyalty marketing, payments and point-of-sale technology and services provider, is pleased to announce that after their last acquisition they have grown their percentage of both clients and revenues […]

First Horizon Corporation Reports Second Quarter Net Income Available to Common Shareholders of $295 Million, or EPS of $0.53; $321 Million, or $0.58, on an Adjusted basis*

Second quarter 2021 ROTCE of 20.4% improved from 15.9% in first quarter 2021; Adjusted ROTCE of 22.2% improved from 20.2%* Tangible book value per share of $10.74 up 4% from first quarter 2021 MEMPHIS, Tenn., July 16, 2021 (GLOBE NEWSWIRE) — First Horizon Corporation (NYSE:FHN or “First Horizon”) today reported second quarter 2021 net income […]

Ault Global Holdings Announces Formation of Ault Global Real Estate Equities, Inc. to Invest in Commercial Real Estate

LAS VEGAS–(BUSINESS WIRE)–$AGH #AGREE—Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), announced that it has formed Ault Global Real Estate Equities, Inc., a Nevada corporation (“AGREE”), to invest in commercial real estate, targeting the middle-market segment in the Unites States. AGREE has appointed Christopher K. Wu as its Chief Executive […]

Thailand’s BAAC to implement Wolters Kluwer’s OneSumX for IFRS 9

SINGAPORE–(BUSINESS WIRE)–#IFRS9–Thailand’s Bank for Agriculture and Agricultural Cooperatives (BAAC) has selected Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR) to provide software for helping to ensure compliance with International Financial Reporting Standard (IFRS) 9. The bank will use OneSumX IFRS 9, a module of OneSumX for FRR, for managing its obligations around the accounting standard. […]

Wayne Savings Bancshares, Inc. Announces Earnings for the second quarter 2021

WOOSTER, Ohio, July 15, 2021 (GLOBE NEWSWIRE) — Wayne Savings Bancshares, Inc. (OTCQX: WAYN), (the “Company”), the holding company parent of Wayne Savings Community Bank, reported net income (unaudited) of $1,802,000 or $0.73 per common share for the quarter ended June 30, 2021, an increase of $151,000 or 9.1%, compared to $1,651,000 or $0.64 per […]

Cambridge Savings Bank Launches New Digital-Only Division, Ivy Bank

Ivy Bank was created to educate consumers on financial health, while offering market-leading rates on savings products with an emphasis on delivering best-in-class customer support CAMBRIDGE, Mass.–(BUSINESS WIRE)–#CDs—Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, is pleased to announce the launch of Ivy Bank […]

POP Network Reaches Agreement to bring in GDA Capital as Global Strategic Partner

GDA Capital will assist in the continued development of POP Network’s global brand initiatives POP Network Reaches Agreement to bring in GDA Capital as Global Strategic Partner GDA Capital will assist in the continued development of POP Network’s global brand initiatives Toronto, Canada , July 15, 2021 (GLOBE NEWSWIRE) — The POP Network and GDA […]

SIMON Says Hello to Variable Annuities, Expanding the Insurtech’s Marketplace Lineup to Deliver Holistic Retirement Solutions to Wealth Management Professionals

SIMON now offers variable annuities, one of the most flexible and widely used annuity types, in its Marketplace, delivering powerful analytics for asset allocation and income solutions NEW YORK–(BUSINESS WIRE)–#annuities—SIMON Annuities and Insurance Services LLC (SIMON) is pleased to announce the expansion of its annuities platform and digital marketplace for wealth managers with the launch […]

Majesco Announces Launch of Next Generation Customer Portal – Majesco Digital Customer360 for P&C

Provides a unified next-generation digital platform that provides a holistic customer experience vastly different from the traditional, transactional portal approach MORRISTOWN–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the launch of Majesco Customer360 for P&C, a next generation customer portal. Majesco Digital Customer360 for P&C is an […]

KFC España Launches Mobile Payments with Nuvei and Judopay

The technology providers will enable mobile-centric payment services in the fast-food giant’s branches throughout Spain MONTREAL and LONDON, July 15, 2021 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, and Judopay, a leading mobile-centric technology provider, have announced that they will enable mobile […]

QuickBooks Introduces New Hardware to Enhance Mobile Payments Offering for Small Businesses

QuickBooks Card Reader and Power Stand deliver portable, contactless payment capabilities and industry-first design features MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–As the consumer shift to contactless payments becomes permanent, Intuit (Nasdaq: INTU) QuickBooks is introducing QuickBooks Card Reader, a new innovative payments device designed for today’s small business owners. Integrated with QuickBooks Payments, which processes more than […]

Auvik Networks Secures $250 Million Growth Investment from Great Hill Partners

WATERLOO, Ontario & BOSTON–(BUSINESS WIRE)–Auvik, an award-winning provider of cloud-based network management software, today announced that it has secured a US$250 million investment from Great Hill Partners, a private equity firm that invests in high-growth, disruptive businesses. The investment is expected to accelerate Auvik’s mission by funding product development, segment expansion, geographic reach, and other […]

Vertis Exits Stealth With Industry’s First Data Science Solution to Optimize Critical Workforce and Workplace Strategies and Decisions

The Vertis Market Intelligence Platform leverages proprietary data science to enable enterprise, HR and real estate decision makers to create and implement business critical strategies with clarity and conviction SANTA CLARA, Calif.–(BUSINESS WIRE)–Vertis, Inc., a high-growth data-science SaaS company, emerged from stealth mode today, and unveiled the general availability of its “Vertis Market Intelligence Platform”SM, […]

CSI Ranks 2nd in Channel Futures’ Annual MSP 501 Managed Services Provider List

PADUCAH, Ky.–(BUSINESS WIRE)–Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, has been named to Channel Futures’ Managed Services Provider (MSP) 501 list, ranking second. The annual list recognizes the top managed services providers based on operational excellence and revenue. The providers named to this year’s MSP 501 have proven […]

Syngrafii Announces New iinked Seal Technology for Compliant Remote Online Notarization

TORONTO–(BUSINESS WIRE)–#KYC—Syngrafii, the global provider of compliant remote signing solutions, has announced the launch of its proprietary iinked Seal™ capability developed to enable lawyers and notaries to affix electronic seals to documents in real time on a video platform. The new product is a key development in Syngrafii’s 2021 Platform Release 2.6 – adding compliant […]

GBT Launches Large Scale Testing For Its qTerm GEN II Prototype

This Larger Scale Testing Aims To Collect Expanded Data From General Population And To Be Used For Potential FDA Certification Process SAN DIEGO, July 15, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT”, or the “Company”) is launching a larger scale testing for its qTerm GEN II prototype device. GEN II release […]

Temenos Supercharges Digital Banking with Micro Apps Delivering Hyper-Personalized Customer Experiences Faster

With Temenos Infinity Micro Apps, banks can gain market traction by delivering seamless experiences at speed and ease and dramatically improving time to value With microapps, Temenos Infinity enables banks to offer human digital banking experiences tailored to specific customer needs and market segments Temenos Infinity is used by over 650 financial institutions helping them […]

INNORULES to Enter the Southeast Asian Financial Market by Winning Digital Transformation Project of the Biggest Japanese Insurance Company

SEOUL, South Korea–(BUSINESS WIRE)–#BankDigitalTransformation—INNORULES (CEO, Kil Kon Kim) announced that it supplied the company’s Digital Decision Manager (DDM) to the future innovation project of one of the biggest insurance companies in Japan and the first stage system has been opened. INNORULES is a professional developer of a Business Rule Engine (BRE) solution. BRE simplifies tasks […]

Extreme Tech Challenge Announces 2021 Special Awards Winners Headed to Global Finals

PALO ALTO, Calif.–(BUSINESS WIRE)–#NextGenXTC–Extreme Tech Challenge (XTC), the world’s largest startup competition for purpose-driven tech innovation, announced today four Special Awards Winners selected to compete at the XTC 2021 Global Finals presented by TechCrunch on July 22, 2021. Tech startups, venture capitalists, corporate innovation executives, policymakers, philanthropists, researchers, and academia around the world are invited […]

Meeting between President Cortizo Cohen and Mauricio Ramos, CEO of Millicom, strengthens Tigo’s commitment and long-term investment in Panama

Meeting between President Cortizo Cohen and Mauricio Ramos, CEO of Millicom, strengthens Tigo’s commitment and long-term investment in Panama Millicom|TIGO’s commitment to infrastructure modernization and investment in Panama, which Millicom has chosen for its regional Fintech Hub, to be strengthened with a further investment of $250 million. Luxembourg, July 15, 2021 – Millicom, a leading provider of fixed and mobile services in Latin […]

Red River Bank Opens Newest Banking Center in Lake Charles, Louisiana

Red River Bank’s Country Club Road Banking Center in Lake Charles, Louisiana Red River Bank opened its newest full-service banking center on July 6, 2021, at 1855 Country Club Road in Lake Charles, Louisiana. ALEXANDRIA, La., July 14, 2021 (GLOBE NEWSWIRE) — Red River Bank opened its newest full-service banking center on July 6, 2021, […]

Blue Ridge Bankshares, Inc. and FVCBankcorp, Inc. Announce Transformational Combination to Create a Top-Performing Financial Institution

Enhanced Scale to Drive Increased Growth and Profitability: Strengthens core franchise to create 4th largest Virginia-headquartered community bank1 Strong, Affluent, Growing Markets of Operation: Strong, affluent growth markets across Virginia, Maryland and North Carolina Enhanced Revenue Streams with Increased Sources of Fee Income: Specialty business lines, including mortgage, SBA, government contracting and FinTech partnerships Powerful […]

Flywire to Announce Second Quarter 2021 Results on August 10, 2021

BOSTON, July 14, 2021 (GLOBE NEWSWIRE) — Flywire Corporation (Nasdaq: FLYW) a global payments-enablement and software company, today announced that it will host a conference call to discuss second quarter 2021 financial results on Tuesday, August 10, 2021 at 5:00pm ET. Hosting the call will be Mike Massaro, CEO, Rob Orgel, President and COO, and […]

Meriwest Credit Union Celebrates 60 Years of Member Service

The former San Jose IBM Employees Federal Credit Union Commemorates 60 years of “people helping people” SAN JOSE, Calif., July 14, 2021 (GLOBE NEWSWIRE) — Sixty years ago, John F. Kennedy implored, “Ask not what your country can do for you – ask what you can do for your country.” In May of that year, […]

Razer Announces New Razer Blade 17 With Most Powerful Intel Processor Ever Found in a Razer Laptop

The Blade 17 and Blade 15 Base Model see massive upgrades alongside the 11th gen Intel® Core™ H-series processors: Faster Performance, Faster Storage, and Thunderbolt 4. IRVINE, Calif.–(BUSINESS WIRE)–#THX–Razer™, the leading global lifestyle brand for gamers (Hong Kong Stock Code: 1337), today announced the next generation of Razer Blade 17 gaming laptops, built-on the latest […]

HTLF Names Wendy Reynolds First Chief Diversity, Equity and Inclusion Officer

New role reinforces company values and commitment to DEI Wendy Reynolds Wendy Reynolds Chief DEI Officer DUBUQUE, Iowa, July 14, 2021 (GLOBE NEWSWIRE) — HTLF (Heartland Financial USA, Inc. – NASDAQ: HTLF) has named Wendy Reynolds to its newly created Chief Diversity, Equity and Inclusion Officer role. This new senior position reinforces HTLF’s company values […]

Yosemite Bank & Founders Community Bank Rebrand as Premier Valley Bank

New name unifies banking centers across Central California; local team remains unchanged FRESNO, Calif., July 14, 2021 (GLOBE NEWSWIRE) — For several years, our banking teams have operated under three brand names across Central California: Yosemite Bank, Founders Community Bank and Premier Valley Bank. Effective immediately, all banking centers will begin operating under the Premier […]

Payment Gateway Market Value Anticipated To Reach US$ 90.5 Billion By 2028 Covering Covid-19 Analysis: Acumen Research and Consulting

Acumen Research and Consulting, a global provider of market research studies, in a recently published report titled “Payment Gateway Market– Global Industry Analysis, Market Size, Opportunities and Forecast, 2021-2028” LOS ANGELES, July 14, 2021 (GLOBE NEWSWIRE) — The Payment Gateway Market is expected to grow at a CAGR of around 12.6% from 2021 to 2028 and […]

M1 Finance Announces $150M Funding Round Led by SoftBank Vision Fund 2

The Finance Super App climbs to a $1.45B valuation to continue its mission to build the best platform for long-term money management CHICAGO, July 14, 2021 (GLOBE NEWSWIRE) —  M1 Finance, the fast-growing Finance Super App offering automated investing, borrowing, and banking products, today announced a $150 million Series E funding round. SoftBank’s Vision Fund […]