Techwire


Fellows Fund Gathers Top Minds to Fund AI Breakthroughs

MIAMI & SUNNYVALE, Calif.–(BUSINESS WIRE)–#AI–Motivated to help AI researchers and engineers successfully launch category-defining companies, 10 leaders in the field have formed Fellows Fund. The platform expects to support a half dozen companies this year by, among other things, facilitating talent acquisitions, customer introductions, and spearheading investor outreach. Recent Significant Milestones: April 2021: Fellows Fund […]

Next Step Sets Company Record for Core and Digital Banking Conversions with Credit Unions in the First Half of 2021

ORLANDO, Fla.–(BUSINESS WIRE)–#banking–During a time of increased competition and changing member expectations, Next Step completed 13 core and 9 digital banking system conversions for 14 credit unions in the first half of 2021 by delivering industry-leading consulting and project management services. As a key focus of these successful conversions, Next Step assisted these institutions in […]

ICE Mortgage Technology Millennial Tracker Finds Share of Millennials Poised for Homeownership Increases as FICO Requirements Loosen

PLEASANTON, Calif.–(BUSINESS WIRE)–ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today shared that according to the ICE Mortgage Technology™ Millennial Tracker, the percentage of purchase activity to total closed loans among millennials increased for the third consecutive month. In May, 67% of loans […]

Global Mobile Payment Market (2021 to 2026) – Industry Trends, Share, Size, Growth, Opportunity and Forecasts

Dublin, July 12, 2021 (GLOBE NEWSWIRE) — The “Mobile Payment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering. The global mobile payments market reached a value of US$ 1.43 Billion in 2020. As per the estimates by the publisher, the market is anticipated to witness […]

Netcapital Inc. Portfolio Company Deuce Drone Launches Food Delivery Service by Drone

Deuce Drone Secures Exclusive Contract to Conduct Lunch Delivery at BB&T Financial Centre in Mobile BOSTON–(BUSINESS WIRE)–$NCPL #deucedrone—Netcapital Inc. (OTCQX: NCPL) announced that portfolio company Deuce Drone successfully completed a live demo of their app and drone delivery services, signaling that they will be prepared to launch revenue-generating flights in the next few weeks. The […]

As Merger Nears, Tailwind Acquisition Corp. Highlights QOMPLX’s Strong Business Growth and Momentum

Tailwind applauds QOMPLX’s continued acceleration of business momentum, new partnerships, elite talent hires, intellectual property expansion, groundbreaking new products, and media coverage LOS ANGELES, July 12, 2021 (GLOBE NEWSWIRE) — In advance of the approaching July 20th shareholder meeting, Tailwind Acquisition Corp. (NYSE: TWND) (“Tailwind”), a special purpose acquisition company, is proud to highlight the […]

Uzabase Launches SPEEDA Edge, a New Kind of Emerging Technology Research Platform

NEW YORK–(BUSINESS WIRE)–#Fintech–Uzabase, the Tokyo-based company that provides business intelligence products to clients around the world, today announces the launch of a first-of-its-kind research platform: SPEEDA Edge. The SPEEDA Edge emerging industry intelligence platform contains custom profiles and proprietary analysis of more than 2,500 leading companies operating across more than 40 rapidly-growing industries in six […]

Global Bank Kiosk Market (2021 to 2026) – Introduction of NFC-Based Contactless Payments in Banking Sector in APAC Region Presents Opportunities

Dublin, July 12, 2021 (GLOBE NEWSWIRE) — The “Global Bank Kiosk Market with COVID-19 Impact Analysis, by Type (Single-function Kiosk, Multi-function Kiosk, Virtual/Video Teller Machine), Location (Indoor, Outdoor), Offering, Distribution, and Geography – Forecast to 2026” report has been added to ResearchAndMarkets.com’s offering. The bank kiosk market was valued at USD 744 million in 2021 […]

Kinnevik: Interim report 1 January – 30 June 2021

“With the Zalando distribution completed, we continue our pivot and strengthen our strategic focus on younger digital innovators that aim to reimagine everyday lives while generating sustainable returns over the long-term.” Georgi Ganev, CEO of Kinnevik Key Strategic Highlights We distributed our Zalando investment to our shareholders Babylon will become a public company through merging […]

Bryn Mawr Bank Corporation Announces Date of Second Quarter 2021 Financial Results

BRYN MAWR, Pa., July 09, 2021 (GLOBE NEWSWIRE) — Bryn Mawr Bank Corporation (NASDAQ: BMTC) (the “Corporation”), parent of The Bryn Mawr Trust Company, expects to report second quarter 2021 financial results after markets close on Thursday, July 22, 2021. About Bryn Mawr Bank Corporation Bryn Mawr Bank Corporation (the “Corporation”) (NASDAQ: BMTC), is the […]

First Horizon Announcement on Series F Preferred Stock Dividend

MEMPHIS, Tenn., July 09, 2021 (GLOBE NEWSWIRE) — First Horizon Corporation (NYSE: FHN) today announced a cash dividend amount of $874.72 per share on FHN’s 4.70% Non-Cumulative Perpetual Preferred Stock, Series F (“Series F Preferred Stock”) which was issued on May 3, 2021. This equates to a cash dividend of $0.218680 per Depositary Share (NYSE: […]

North Dallas Bank & Trust Co. Announces Second Quarter Earnings of $0.71 per Share

DALLAS, July 09, 2021 (GLOBE NEWSWIRE) — North Dallas Bank & Trust Co. (OTCBB: NODB) announces net earnings of $1,880,378 or $0.73 per share for the three months ending June 30, 2021, compared to $1,833,896 or $0.71 per share for the same period in 2020. Year to date net earnings through the six months ending […]

STRATEGY EXPANSION CONTINUES, WESTPAY SIGN AGREEMENT WITH SUSOFT IN NORWAY

Westpay AB, a leading fintech company, continues to expand its reach and footprint on the Nordic payment market. As a result, Westpay has contracted Susoft, strategic POS Partners in Norway. Susoft will integrate their POS solutions and make Westpay’s offerings available for its customers. – I am not surprised by the way we continue to grow […]

DN Capital, Early Backer of Auto1, Shazam and OLX, Launches New $350m Fund to Shape Post-pandemic World

● Fund V targets early-stage founders developing tech to boost global recovery ● Firm has a long record of backing startups before they become market leaders: Auto1 (FSE), Shazam (Apple), Endeca (Oracle), OLX (Naspers), MrSpex(MRX), Remitly, GoStudent, Jobandtalent, Hometogo ● Founded in 2000, DN Capital now manages $950m across five funds LONDON–(BUSINESS WIRE)–DN Capital, one […]

National Bank Holdings Corporation Announces Date for 2021 Second Quarter Earnings Release

DENVER, July 08, 2021 (GLOBE NEWSWIRE) — National Bank Holdings Corporation (NYSE: NBHC) expects to report its second quarter financial results after the markets close on Monday, July 26, 2021. Management will host a conference call to review the results at 11:00 a.m. Eastern Time on Tuesday, July 27, 2021. Interested parties may listen to […]

Long Beach Accelerator Welcomes Second Round of Entrepreneurs

LBA congratulates the inaugural cohort on its completion of the program and greets a new class LONG BEACH, Calif.–(BUSINESS WIRE)–The Long Beach Accelerator (LBA) recently celebrated the graduation of its inaugural cohort, a class that has already produced fantastic early results. Further, LBA is proud to announce the kick-off of Cohort 2 with five new […]

Alliant Credit Union Launches Digital Inclusion Initiative

The challenger bank is on a mission to create a more digitally equitable world CHICAGO–(BUSINESS WIRE)–Alliant Credit Union, a digital financial institution and one of the country’s largest credit unions and “challenger banks,” launched a digital inclusion initiative to support the need for broadband access, technology equipment and technology education in underserved communities nationwide. “We […]

Payrix Celebrates 5-Year Anniversary by Surpassing $60M in Annual Payouts to Software Clients

Atlanta, GA, July 08, 2021 (GLOBE NEWSWIRE) —  Payrix, the acknowledged leader in embedded fintech, today announced it is driving over $60M in annual payments revenue to its software-as-a-service (SaaS) clients.  Through its white-glove customer-centric approach, first-of-its-kind payment facilitation platform and industry-leading expertise, Payrix empowers clients with flexible embedded payment solutions that are built for […]

Stax and CareTime Partner To Provide Home Care Agencies With an Integrated Payments Experience

Home care agencies now benefit from flexible payment options and receive faster payments through Stax Connect’s convenient payment processing solution ORLANDO, Fla., July 08, 2021 (GLOBE NEWSWIRE) — Stax by Fattmerchant, the industry’s only complete all-in-one solution for managing everything in the payments ecosystem, today announces its partnership with CareTime, a leading software company for the […]

Socure Unveils Industry’s First BNPL-Specific Solution, Extending Its Leadership in Identity Verification and Trust for Alternative Payment Providers

Purpose-built solution powers top Buy Now, Pay Later providers to attract new merchants, increase revenue, and reduce loss rates NEW YORK–(BUSINESS WIRE)–#dataprotection—Socure, the leading platform for digital identity verification and trust, today announced the introduction of the first identity verification and fraud solution purpose-built for the Buy Now, Pay Later (BNPL) industry. The solution leverages […]

Silverfort Introduces Industry First Prevention Against Pass the Ticket Attacks

Until Now, Forged Kerberos Sessions Could Only be Detected Retroactively BOSTON & TEL AVIV, Israel–(BUSINESS WIRE)–#ActiveDirectory—Silverfort, the unified identity protection company, today released a new protection capability that enables organizations to proactively prevent lateral movement attacks that utilize the Pass the Ticket (PTT) technique. This Kerberos-based exploit could previously only be detected after an attack […]

Salary Finance Rewards American Workers For Opening and Contributing to Savings Accounts

Company will provide employees of partnered employers with up to a $50 bonus for contributing to high-interest savings account BOSTON–(BUSINESS WIRE)–#HR—Salary Finance, the leading provider of socially responsible financial products for American workers, announced an ambitious new product today that aims to help millions of U.S. workers save more money. In partnership with financial technology […]

NorthOne Expands Footprint Across U.S. With New Portland Office

NorthOne’s team grows 230% thus far in 2021 NEW YORK–(BUSINESS WIRE)–NorthOne, one of the country’s leading banking apps for small businesses, today announced the opening of its newest office in Portland, Oregon, just six months after opening its San Francisco office. As the company continues to expand its footprint across the country, the foundational Portland […]

Teslar Software Powers More Than 20% of 2021 PPP Loans, Launches New Solution to Digitize Commercial and SBA Lending

SPRINGDALE, Ark.–(BUSINESS WIRE)–Teslar Software, provider of portfolio management tools that aggregate and automate lending and deposit operations for community financial institutions, announced today that their technology powered over 20% of Paycheck Protection Program loans issued in 2021. The 1.3 million loans powered by Teslar this year represent $22 billion of funding for small businesses across […]

Cascades and Flinks Form Strategic Partnership

Collaboration will provide financial services firms with best-in-class retirement income planning experience TORONTO–(BUSINESS WIRE)–Cascades Financial Solutions Inc., a PureFacts company, and Flinks announced today a strategic partnership to provide financial services firms with a best-in-class retirement income planning experience. The collaboration will see the integration of Cascades’ decumulation planning engine with Flinks’ financial data aggregation […]

With Peak Hurricane Season Underway, Consumers Want More Options for Receiving Insurance Claim Payments Quickly and Securely, New ACI Worldwide Study Reveals

Insurance companies must consider adding options for digital disbursements to ensure payments quickly reach consumers in their time of need Fewer consumers prefer to receive payments by check; direct deposit to banks is most preferred method Checks getting lost in the mail is a top concern among consumers MIAMI–(BUSINESS WIRE)–#BillPay–New data from ACI Worldwide (NASDAQ: […]

ICE Announces That a Record 20,124 Murban Crude Oil Futures Contracts Traded on July 6

ABU DHABI, United Arab Emirates–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that a record 20,124 ICE Murban Crude Oil Futures traded on ICE Futures Abu Dhabi (“IFAD”) on July 6, marking its highest volume day since the contracts launched on March 29. Alongside ICE Murban […]

Tradeweb Announces First Fully Electronic SOFR Swap Spread Trade

NEW YORK–(BUSINESS WIRE)–Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced it has completed the first fully electronic institutional Secured Overnight Financing Rate (SOFR) swap spread trade. BlackRock and J.P. Morgan were counterparties to the trade on the Tradeweb Swap Execution Facility (TW […]

GBT Researching Implementation of AI Methods For Optical Networks

Pursuing Significantly Higher Performance, Quality And Security For Optical Communication Systems SAN DIEGO, July 08, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. ( OTC PINK: GTCH ) (“GBT” or the “Company”), is researching implementation of AI techniques for optical networks to significantly improve performance, quality, reliability and security. Artificial intelligence has created a whole range of possibilities within […]

Global Supply Chain Issues Can No Longer Be Classified as Outlier Events, According to Taulia

The ability to adapt to higher levels of supply chain uncertainty is now essential for global companies and their suppliers SAN FRANCISCO–(BUSINESS WIRE)–The supply chain challenges seen throughout the world in recent months, from the pandemic to the Suez Canal blockage and now the ongoing closure of the Yantian terminal in Shenzhen, can no longer […]

Investment in the Snappy Group

8 July 2021 PayPoint Plc PayPoint announces £6.6m investment in the Snappy Group PayPoint has today announced a £6.6m investment in the Snappy Group home delivery business. The deal will see PayPoint acquire a stake in the Dundee-based firm with PayPoint Group’s CEO, Nick Wiles, taking a seat on the Snappy Group board. The investment […]

Wolters Kluwer FRR Triumphs in HKMA and Waters Technology Awards for Excellence and Innovation

SINGAPORE–(BUSINESS WIRE)–#FRR–Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR) has won three major awards for its RegTech, risk management and regulatory reporting solutions in the Asia Pacific (APAC) region. Waters Technology has named the company’s OneSumX for FRR the Best Middle Office Platform in its 2021 Asia Awards and the Hong Kong Monetary Authority (HKMA) […]

Truffle Capital Announces the Results of the 16th Truffle 100 Ranking

In 2021, the software publishing sector will strengthen its key role in the French economy: On the whole, it has not been severely affected by the pandemic Subscription-based invoicing for SaaS services has protected it from economic shocks It continues to invest in research and development to prepare for the future It creates skilled jobs […]

Climate Finance Partnership Raises US$250 Million at First Close to Invest in Emerging Market Climate Infrastructure

Global Consortium of Ten Investors Including Governments, Philanthropies, and Institutional Investors Commit Initial Capital to Help Reduce Carbon Emissions in Emerging Markets NEW YORK–(BUSINESS WIRE)–BlackRock has secured more than US$250 million in commitments from a consortium of global institutional investors, governments and philanthropies for the Climate Finance Partnership (CFP), a flagship blended finance vehicle focused […]

Intuit Research Joins the Alida Partner Network to Enhance Customer Experiences in Asia

Partnership will provide brands an elevated customer experience through listening, interpreting and acting on customer feedback SINGAPORE–(BUSINESS WIRE)–Alida (formerly Vision Critical), creator of the world’s first CXM & Insights Platform, today announced Intuit Research, a diverse group of researchers, will join its Partner Network to deliver elevated customer experience (CX) and insights to organizations in […]

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

WILMINGTON, N.C., July 07, 2021 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (“Live Oak”) (Nasdaq: LOB) today announced that it will report its second quarter 2021 financial results after U.S. financial markets close on Wednesday, July 21, 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, […]

Franklin Templeton Partners with vWise to Deliver Personalized Investment Solutions to Defined Contribution Participants

SAN MATEO, Calif.–(BUSINESS WIRE)–Franklin Templeton today announced a strategic investment and collaboration with California-based vWise, Inc. to integrate technology, predictive analytics, behavioral finance insights and a personalized investment solution designed to improve retirement outcomes in Defined Contribution (DC) Plans. Franklin Templeton’s patent-pending proprietary Goals Optimization Engine (GOETM), combined with vWise’s Experience Platform, will use real-time […]

Southeast Asia Digital Transition Driving Growth Even in Face of Pandemic Slowdown

Digital Payments Infrastructure Pioneer Xendit Sees Payment Value Soar 10 Percent Each Month in 2021 As More of Region’s Businesses Transition to Digital Financial Future JAKARTA, Indonesia–(BUSINESS WIRE)–Xendit, the fastest growing digital payments infrastructure for Southeast Asia, today announced it is experiencing a surge in digital transactions, providing evidence that the region’s emphasis on building […]