Techwire


Community First Bank Selects Q2’s Digital Banking Platform

Washington-based community bank partners with Q2 to deliver a seamless digital banking and wealth management experience for its clients AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced that Community First Bank of Kennewick, Washington chose Q2’s best-of-breed platform to deliver a unified digital banking […]

GeoWealth Powers Global X’s ETF Model Portfolios to Explosive Growth in US

Since 2018 introduction directly to US Registered Investment Advisors, models have seen a CAGR of 350+% CHICAGO–(BUSINESS WIRE)–GeoWealth, a TAMP built specifically for Registered Investment Advisors (RIAs) with $15B in platform assets and north of $6B in AUM, is pleased to announce that Global X, a New York-based provider of ETFs owned by Mirae Asset […]

NXTsoft and Upstart Partner to Streamline Delivery of AI-Based Lending Platform to Banks and Credit Unions

BIRMINGHAM, Ala. & SAN MATEO, Calif.–(BUSINESS WIRE)–NXTsoft (nxtsoft.com), the market leader in secure, comprehensive and complete API connectivity, and Upstart (NASDAQ: UPST), a leading AI lending platform provider, today announced a partnership that will enable Upstart to more efficiently implement its all-digital AI lending platform to any U.S.-based financial institution. Upstart’s AI model leverages over […]

Oxygen Debuts “Elements” Loyalty Program for Debit Cardholders, New Look

The company has also launched P2P “Friends” money feature in addition to a suite of flexible saving features specifically designed to help creators, freelancers and other DIYers pay collaborators and achieve multiple savings goals SAN FRANCISCO–(BUSINESS WIRE)–Digital finance platform Oxygen today announced an ambitious new loyalty and savings program, Oxygen Elements, with four different levels […]

Passbook by Remitly Launches Suite of New Features

Amid strong customer demand, financial services provider Remitly doubles down on vision of financial inclusion SEATTLE–(BUSINESS WIRE)–Remitly, the mobile-first provider of international remittances and financial services for immigrants, today announced the launch of several new digital banking features in the Passbook by Remitly app. Remitly is rethinking how immigrants access banking services, and with the […]

Bank of America Launches Personal Retirement Strategy, a New Digital Investment Advisory Program

Latest Addition to Financial Life Benefits® Suite of Workplace Solutions Provides Investment Guidance to Help Employees Achieve Retirement Income Goals CHARLOTTE, N.C.–(BUSINESS WIRE)–Bank of America today announced the launch of Personal Retirement Strategy, a new digital investment advisory program. Institutional and corporate retirement plan clients can now offer this Merrill program designed to help plan […]

Significant Shortfalls in Third-Party Insurance Coverage Detailed in New Report

Enterprise Insurance Verification Inadequacies Create Risk of Vicarious Liability Lawsuits ATLANTA–(BUSINESS WIRE)–#Insurtech–Evident, a leading insurance verification service provider, observed that 75% of third-party vendors fail to comply with enterprise insurance requirements despite being contractually obligated to do so. The findings are highlighted in Evident’s “State of Third-Party Insurance Verification” report, which draws on an analysis […]

OLB Group to Enable Secure Digital Asset Transfer With NFT Solutions on Ethereum Platform

Fintech company implementing non-fungible token (NFT) capabilities to secure sales of electronic tickets and other digital assets using blockchain tokens NEW YORK–(BUSINESS WIRE)–The OLB Group, Inc. (NASDAQ: OLB), a provider of cloud-based omnicommerce and payment acceptance solutions for small and mid-sized merchants, announced that its SecurePay payment gateway will support the transfer or sale of […]

Compliance Systems Signs 48 New Financial Institutions in First Quarter

Midwest BankCentre, RCB Bank, Select Bank and Trust among trending list of financial institutions improving account opening experiences GRAND RAPIDS, Mich.–(BUSINESS WIRE)–Compliance Systems, the financial industry’s leading provider of modern digital and dynamic compliance documentation, today announced that 48 banks and credit unions have partnered with the company in the first quarter of 2021 to […]

Atom Finance Raises $28 Million Series B Led by SoftBank to Empower Informed Investment Decisions Globally

New cash infusion to fuel growth — increasing global subscribers, hiring top-tier talent, expanding B2B integration offering and opening an office in Miami NEW YORK–(BUSINESS WIRE)–Atom Finance, the consumer software platform providing access to institutional-quality investment resources, today announced a $28 million Series B funding round led by the SoftBank Latin America Fund with participation […]

New Report from BigCommerce and PayPal Sheds Light on Consumer Spending Habits Post-Covid

Survey results highlight need for retailers to have omnichannel strategies to support customer preferences AUSTIN, Texas–(BUSINESS WIRE)–Consumer shifts in how and where people buy products evolved significantly during the COVID-19 pandemic, creating new opportunities for retailers to use new channels, fulfillment strategies and payment options, according to the results of a new survey out today […]

IMS Announces Try Per Mile

Highly-configurable, mileage-based telematics product enables insurers to match the agility of insurtech disruptors. “When further developing our existing suite of solutions for mileage-based UBI programs, we wanted to offer insurance customers flexibility around the kind of telematics-enabled proposition that they could take to market, while at the same time empowering them to be as nimble […]

B2B Payment Provider, ZTL, Selects Napier’s Anti-financial Crime Solutions

LONDON–(BUSINESS WIRE)–RegTech company, Napier, provider of advanced anti-financial crime compliance solutions, has announced its AI-led technology has been chosen by emerging Norwegian FinTech, ZTL Payment Solution. Napier will supply the B2B payment provider with Transaction Screening, Transaction Monitoring and Client Screening. These tools will enhance ZTL’s ability to identify suspicious activity related to money laundering […]

Tradeweb Announces Expected Closing Date for Acquisition of Nasdaq Fixed Income

NEW YORK–(BUSINESS WIRE)–#earnings–Tradeweb Markets Inc. (NASDAQ: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced that all required regulatory and self-regulatory approvals have been obtained for the company’s previously announced acquisition of Nasdaq Fixed Income, Nasdaq’s U.S. fixed income electronic trading platform. Tradeweb expects the closing of […]

Adlumin Announces Membership with the Community Bankers Association of Illinois (CBAI)

The cybersecurity company joins the CBAI community to bring its patented grade security and compliance automation platform to community banks. WASHINGTON–(BUSINESS WIRE)–Last month, Adlumin became an associate member of the Community Bankers Association of Illinois (CBAI), allowing the company to expand its reach and provide community bankers in the state of Illinois with security and […]

Commit USA Bolsters North American Expansion With Bob Gold & Associates as Agency of Record

Cutting-Edge Tech Developer Teams with Award Winning PR Firm to Promote Global Powerhouse of Software Development and Engineering Talent NEW YORK–(BUSINESS WIRE)–Commit USA, a global technology services company specializing in custom software and IoT solutions, has selected Bob Gold & Associates (BG&A), a nationally recognized data-driven public relations and brand management agency, as its PR […]

Joint Study by Cantaloupe, Inc. and Michigan State University Finds Digital Payments Are Now the Preferred Payment Method at Vending Machines Powered by Increased Use of Contactless Credit Cards

Hospitals, Professional and Military Locations Show Greatest Annual Increases in Digital Payments Low Volume Machines Show Significant Increases in Contactless Payments MALVERN, Pa.–(BUSINESS WIRE)–$CTLP #MichiganStateUniversity—Cantaloupe, Inc. (Nasdaq: CTLP) (“Cantaloupe” or the “Company”), a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, today announced the findings of a […]

First National Corporation and The Bank of Fincastle Receive Shareholder Approvals for Merger

STRASBURG, Va. and FINCASTLE, Va., June 22, 2021 (GLOBE NEWSWIRE) — At separate shareholder meetings held on June 16, 2021, First National (NASDAQ: FXNC) (the “Company” or “First National”), the parent holding company of First Bank, and The Bank of Fincastle (OTC: BFTL) (“Fincastle”), received the required approval of each company’s shareholders to proceed with […]

Finstro Signals Intent to Launch U.S.-Based Technology-Driven Trade Credit and Payment Solution in $26 Trillion1 B2B Market

U.S. operation to build on continued growth in Australia where Finstro has provided over AUD$1 billion of capital to more than 7,000 SMBs to date NEW YORK–(BUSINESS WIRE)–#B2Bpayments–Finstro, a technology-powered provider of trade credit and payment solutions for B2B commerce, is expanding to the U.S. market. The Australian firm, which has operational centers in Asia […]

Global Artificial Intelligence in Banking Market

Capital One, Citi, HSBC, JPMorgan Chase, Personetics, Quantexa, U.S. Bank, KASISTO, Affectiva, Hooyu, Simudyne, Ayasdi, Socure, DataVisor, ZestFinance, Feedzai, Dataminr, Darktrace, Yodlee, Sift Science, Arago, Callsign, CloudWalk, Cognicor, and Comply Advantage among others are the key players in the artificial intelligence in the banking market. Brooklyn, New York, June 22, 2021 (GLOBE NEWSWIRE) — According […]

Albertans save a total of $320M during Servus Big Share™ Contest, one wins $1M

EDMONTON, Alberta, June 22, 2021 (GLOBE NEWSWIRE) — Servus Credit Union is pleased to announce that its members saved a combined total of $320 million during this year’s Servus Big Share™ Contest, which ran from January 1 to April 30, 2021. Now in its third year, the contest and its one-million-dollar prize are designed to […]

Cequence Security Sees Record Growth as API Security Risks Explode

Leader in API security secures 4 new patents, adds notable new investors, expands global reach and more SUNNYVALE, Calif.–(BUSINESS WIRE)–Cequence Security, a leading API security vendor, today announced strong corporate momentum with significant growth in revenue, customers and brands protected over the last 12 months, further validating its groundbreaking, open and extensible AI-based API security […]

Tinkoff Adopts Anodot’s Next-Level Technology to Revolutionize its Customer Experience, Payment, and Trading Monitoring

Anodot enables financial services giant Tinkoff to provide operational efficiency across its platform reducing time to detection by 30% ASHBURN, Va.–(BUSINESS WIRE)–Today, Russia’s leading fintech innovator, Tinkoff, announced that it has selected Anodot, the autonomous business monitoring company, to help safe-proof the way customers experience payments and trading on the Tinkoff platform. The adoption of […]

Rimes Brings Its ETF Data Management Solution to Snowflake Data Marketplace Amidst Global ETF Boom

LONDON–(BUSINESS WIRE)–#RIMES—RIMES, the global leader in Managed Data Services (MDS) and RegTech solutions for financial institutions, has today announced the availability of its Exchange Traded Funds (ETF) Data Management Solution on Snowflake Data Marketplace. RIMES sources all ETF data directly from the sponsors and applies industry leading data quality standards setting the RIMES ETF data […]

Wells Fargo Joins the Akoya Data Access Network to Advance API-based Financial Data Aggregation

 Partnership further shifts data access away from credential-based data aggregation enabling fintechs and data aggregators to receive increasing API coverage through Akoya BOSTON–(BUSINESS WIRE)–#akoyanetwork–Akoya LLC announced today that Wells Fargo has joined the Akoya Data Access Network. Fintechs and data aggregators can now request application programming interface (API)-based access to Wells Fargo customer data for […]

CloudLinux Joins FINOS to Bring Open Source Software and Technology Standards to the Financial Services Industry

Company’s TuxCare services play leading role in securing open source for financial institutions; joins FINOS as silver member PALO ALTO, Calif.–(BUSINESS WIRE)–#cloudlinux–CloudLinux today announced that it joins FINOS (the Fintech Open Source Foundation) as a silver member to contribute projects within its financial open source community, from its TuxCare security services. FINOS is a nonprofit […]

Nuvei and Discover Global Network Sign Acquiring Agreement to Increase eCommerce Acceptance

Nuvei and Discover® Global Network partner to enhance borderless eCommerce opportunities for merchants and cardholders worldwide MONTREAL, June 22, 2021 (GLOBE NEWSWIRE) —  Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, announced today that its wholly owned subsidiary has signed an acquiring agreement with Discover® Global […]

Wyoming Deposit & Transfer Awarded Bank Charter as a Special Purpose Depository Institution for Digital Assets by Wyoming Division of Banking Unanimous Approval

The new regulated digital asset bank will provide seamless banking and custody solutions across the U.S through an integrated qualified custody and banking platform CHEYENNE, Wyo.–(BUSINESS WIRE)–Wyoming Deposit & Transfer Corporation (WDT) is pleased to announce it was unanimously granted a new Bank Charter today by the Wyoming Division of Banking under the regulatory framework […]

Payoneer Rebrands Ahead of Public Listing: A Universe of Opportunities

A universal brand for a universal future of commerce NEW YORK–(BUSINESS WIRE)–Payoneer, the commerce technology company powering payments and growth for the new global economy, announced today a rebrand to reflect its current position in the market and its vision to be the world’s go-to partner for digital commerce everywhere. The new brand marks another […]

NCR Corporation, the Industry Leader in Multi-Vendor Software, Is First to Achieve ATMIA Next Gen Level 2 API Certification

ATLANTA–(BUSINESS WIRE)–NCR Corporation (NYSE: NCR), a global enterprise technology provider for the financial industry, and the ATM Industry Association (ATMIA), today announced certification of NCR’s Activate Enterprise NextGen ATM application to Level 2 of the new ATMIA Next Gen Framework. NCR is the first technology provider to achieve this milestone. This new certification standard is […]

Canada’s League Data Co-Operative Migrates to Mambu’s Fintech Platform

–CUSO selects agile technology platform for expansion and growth– BERLIN, MIAMI, SINGAPORE & HALIFAX, Nova Scotia–(BUSINESS WIRE)–#cloudbanking—League Data, the Chief Information Officer and technology partner for the Atlantic Canadian credit unions, has selected Mambu’s SaaS banking platform to empower its member credit unions which represents more than 320,000 members. Mambu’s modern and innovative platform will […]

European Online Payment Methods 2021 – Alternative Methods Gained Special Attention During COVID-19 Pandemic

Dublin, June 22, 2021 (GLOBE NEWSWIRE) — The “Europe Online Payment Methods 2021” report has been added to ResearchAndMarkets.com’s offering. “Europe Online Payment Methods 2021” provides insights into the current state and advances of the online payment market in the European region. Among other findings, the publication reveals that despite consumers in Europe still tending […]

Intuit Launches New Accelerator for AI-focused Startups to Help Communities Overcome Financial Challenges in North America

The second annual program invites global tech startups with AI-driven solutions to apply to the latest edition of the Intuit Prosperity Accelerator: AI, powered by Highline Beta. TORONTO–(BUSINESS WIRE)–#AI–Intuit Inc. (Nasdaq: INTU), a leading global financial platform company known for products such as TurboTax, QuickBooks, Credit Karma and Mint, and Highline Beta, a venture studio […]

GBT Files Patent For ICs Layout Automatic Correction of Geometrical Design Rules System

The technology aims for significant reduction of microchip’s layout design cycle; particularly, in advanced nanometer ranges, 7nm and below, enabling faster chip’s design and manufacturing cycle SAN DIEGO, June 22, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH ) (“GBT” or the “Company”), filed a provisional patent application for Integrated Circuits automatic design rule correction […]

illimity Approves Its 2021-25 Strategic Plan

MILAN, Italy, June 22, 2021 (GLOBE NEWSWIRE) — via InvestorWire – SIGNIFICANT AND SUSTAINABLE PROFITABILITY   2021E 2023E 2025E  ROE1 10% 15% 20% NET PROFIT €60-70MLN €140MLN >€240MLN ROBUST CAPITAL BASE INCLUDING DIVIDEND FLOW Shareholders’ equity 1 billion euro in 2023, 1.4 billion in 2025 CET1 RATIO constantly above 15% cumulated DIVIDENDS of ca. 180 […]

Flywire Survey Reveals Significant Affordability Issues Facing Students Around the World Due to COVID-19 Pandemic

3 in 5 students considered delaying higher education due to financial burden imposed by the pandemic BOSTON, June 22, 2021 (GLOBE NEWSWIRE) — The COVID-19 pandemic has exacerbated the education affordability crisis with students around the world. This is according to the new report, Passport to Higher Education: A Global Payments Study, from Flywire Corporation […]

Tradefeedr Launches Ground-breaking Foreign Exchange Data Analytics Platform

Platform is live and is rolling out to 15+ leading sell-side and 20+ major buy-side firms signed and onboarding, with another 20 in the pipeline, creating a powerful network effect Tradefeedr has created a community-based, independent, FX trading database allowing market participants to connect, analyse their trading data and collaborate Enables clarity, insight, efficiency and […]

CurrencyWork’s First Barrett-Jackson Digital Collectible (NFTs) Sell Off for Over $65,000 in 12 minutes

Los Angeles CA, June 21, 2021 (GLOBE NEWSWIRE) — CurrencyWorks Inc. (“CurrencyWorks” or the “Company”), (CSE: CWRK and OTCQB: CWRK), a financial technology blockchain pioneer, NFT, and digital payment provider is pleased to announce that the first NFT sales have been successfully concluded through the Motoclub.io platform – a joint venture between the Company and […]

Silverfort and Ping Identity Partner to Unify Risk Based Authentication Across Cloud and Hybrid Environments

Product Integration Provides Comprehensive Visibility and Assessment of Access Activity that Enables Customers to Identify and Respond to Threats BOSTON & TEL AVIV, Israel–(BUSINESS WIRE)–#Authentication—Silverfort, the unified identity protection company, today announced that it has joined forces with Ping Identity to help customers unify risk analysis of authentication and access attempts across on-premises and multi-cloud […]