Techwire


Teampay Launches Digital Corporate Card in Collaboration with Mastercard

Distributed Spend Management leader unveils new executive offering, Catalyst by Teampay; announces new iOS App Catalyst by Teampay Catalyst by Teampay is the first corporate card built on the foundation of the Mastercard digital first experience. Catalyst Card The sleek, contactless metal card is paired with a powerful digital purchasing experience. NEW YORK, June 16, […]

New Research Reveals 70% of Digital Bank Customers and 44% of Traditional Bank Customers Want Embedded Insurance Offers Based on Transaction Data

Data shows consumers are more compelled by contextual and convenient insurance offerings in banking experiences NEW YORK, June 16, 2021 (GLOBE NEWSWIRE) — A recent census-balanced survey of 3,551 US consumers from PYMNTS.com, commissioned by Cover Genius, sought to understand how financial institutions customers would react to embedded insurance offers — tailored insurance offerings based […]

TimeTrade SilverCloud Announces Self-Service Assistance Package

Comprehensive solution to improve customer experience, increase digital banking adoption in direct response to today’s banking environment TEWKSBURY, Mass.–(BUSINESS WIRE)–TimeTrade SilverCloud, the industry-leading provider of customer engagement solutions, announced today that it has launched its Self-Service Assistance Package that enables banks and credit unions to quickly increase digital adoption and improve the online experience for […]

Coin Cloud Set to Install 2,000th Digital Currency Machine as Popularity of Digital Money Grows

The major milestone demonstrates Coin Cloud’s trajectory as the largest and fastest growing operator of digital currency machines LAS VEGAS–(BUSINESS WIRE)–#bitcoin—Coin Cloud, the largest and fastest-growing digital currency machine (DCM) operator in the world, announced today it is set to install its 2,000th kiosk across the United States and Brazil following retail partnerships with CAL’s […]

Global Point-Of-Sale Terminals Market Is Expected to Reach USD 129.92 Billion by 2028 : Fior Markets

Point-Of-Sale Terminals Market By Component (Software, Hardware), By Product (Fixed, Mobile),By Application (Retail, Healthcare), By Deployment (On-premise, Cloud), By Region and Segment Forecasts from 2021 to 2028 Newark, NJ, June 16, 2021 (GLOBE NEWSWIRE) — As per the report published by Fior Markets, the global Point-Of-Sale Terminals Market is expected to grow from USD 75.05 billion […]

Lufax Retail Credit Platform Ping An Puhui Launches AI-Powered Smart Loan Solution

“Xingyun” to Streamline Loan Applications for Small and Micro Enterprises SHANGHAI–(BUSINESS WIRE)–Lufax Holding Ltd (“Lufax” or the “Company”) (NYSE: LU), a leading technology-empowered personal financial services platform in China, today announced that its retail credit facilitation platform subsidiary, Ping An Puhui (“Puhui”), has launched a smart loan solution powered by artificial intelligence (AI). Named “Xingyun”, […]

Felice Development Group Acquires 2.9 Acres & Moves Forward With 900-Unit, Mixed-Use Project on Capital Riverfront With Financing From EagleBank

Development at 1333 M Street SE Offers Multifamily Units, Outdoor Amenities & 45,000 SF Retail Space for Navy Yard East WASHINGTON, June 16, 2021 (GLOBE NEWSWIRE) — Felice Development Group (FDG) and Fields-Grade Development partnered to acquire 2.9 acres of land on the Anacostia Riverfront after securing PUD approval. FDG plans to develop a large-scale, […]

New Role Monitoring Software helps Comply with Role Assurance Regimes

NEW YORK–(BUSINESS WIRE)–#asiarisk–MCO (MyComplianceOffice) announces the launch of Role Monitoring and Assurance (RMA), the latest addition to it’s award-winning Know Your Employee suite. RMA allows firms to capture relevant employee functions, responsibilities, and activities in compliance with role assurance regimes. Role assurance regimes and regulatory guidelines on individual accountability are part of a global trend […]

MVB Bank Launches MVB Edge Ventures

Subsidiary to Provide Oversight, Alignment and Structure for MVB’s Tech Company Initiatives FAIRMONT, W.Va.–(BUSINESS WIRE)–MVB Bank, Inc. (“MVB Bank,” “MVB”) today announced the formation of a new wholly-owned subsidiary, MVB Edge Ventures. Based on a private equity fund model, MVB Edge Ventures provides management oversight, alignment and structure for MVB’s technology investments and allocates resources […]

iNitrile’s Journey to Redefine PPE Safety in the U.S Boosted by $33 Million Investment

Starting production this September, iNitrile’s pioneering new approach normalizes PPE protocols at work, minimizing waste, cost, and on-premise infection for companies across the United States HOUSTON–(BUSINESS WIRE)–#COVID19—iNitrile, a leading medtech provider which invented and developed automated disposable glove dispensers to combat infections in organizations, and a subsidiary of Texas Medical Technology, a leading medtech company, […]

i2c Becomes First Company to be a Visa Fintech Fast Track Member in Four Regions

Extension of program membership to Asia-Pacific follows USA, Canada, and Middle East-North Africa REDWOOD CITY, Calif.–(BUSINESS WIRE)–#apis—i2c, a leading provider of digital payment and banking technology, today announced the extension of its membership in Visa’s Fintech Fast Track program to the Asia-Pacific region (AP), making it the first company to become an enablement partner in […]

Cambridge Savings Bank’s Commercial Lending Team Enables Expansion of R.J. Forbes Painting Contractor, Inc.

CAMBRIDGE, Mass.–(BUSINESS WIRE)–#assetbasedlending—Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, today announces that its Commercial Lending team has extended financing to R.J. Forbes Painting Contractor, Inc. (R.J. Forbes) by securing a SBA 504 Loan through Bay Colony Development Corporation, a certified development company whose […]

Verizon introduces financial literacy program for kids, offering parents peace of mind

Verizon Family Money gives parents tools to help kids save, spend, earn, and become money-savvy; on the network they trust What you need to know: Verizon Family Money enables parents to help kids save, spend, earn, and become money-savvy, all within an easy-to-use app and prepaid debit card. Kids get an experience designed with them […]

Prelim Supports Treasury Origination and Management Services Through its No-Code/Low-Code Platform

SAN FRANCISCO–(BUSINESS WIRE)–With business owners seeking better banking experiences and resources to manage their financial assets and holdings, Prelim, a fintech provider that optimizes digital banking experiences for financial institutions, announced its easy-to-use, no-code/low-code platform includes enhanced capabilities to support treasury origination and management services. In today’s digital-first world, banks and credit unions must integrate […]

RIMES Technologies Achieves Carbon Neutrality

RIMES is carbon negative as of 2021; a key pillar of its ESG strategy LONDON–(BUSINESS WIRE)–#carbonneutral–RIMES Technologies, the global leader in Managed Data Services (MDS) and RegTech solutions for financial institutions, today announces that it has been certified as Carbon Neutral Plus by Carbon Footprint, an organization that helps corporates and individuals reduce their carbon […]

Velocity Solutions Announces CIBC Bank USA Has Selected the Akouba Digital Lending Platform

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–#Akouba—Velocity Solutions, LLC announced that CIBC Bank USA will use Velocity’s digital lending platform to support its small business banking division. Akouba’s secure cloud-based SaaS platform reduces the cost and time and risk of originating loans, while increasing the profitability of each loan. Financial institutions retain control over the decision, the pricing, […]

QOMPLX Expands “Privilege Assurance: Graph View” Visualizing Your Vulnerabilities and Enabling Rapid Response

See your Active Directory the way a hacker does — before you become a target TYSONS CORNER, Va., June 15, 2021 (GLOBE NEWSWIRE) — Today, QOMPLX announces a robust feature expansion for its Q:CYBER Privilege Assurance product: “Graph View”. It empowers customers to more quickly see and predict specific weaknesses in their cybersecurity posture, showing […]

HomeTrust Bancshares, Inc. Announces Profitability Improvement Plan and Balance Sheet Restructuring

ASHEVILLE, N.C., June 15, 2021 (GLOBE NEWSWIRE) — HomeTrust Bancshares, Inc. (NASDAQ: HTBI) (the “Company”), the holding company of HomeTrust Bank (the “Bank”), today announced its plans to further improve profitability by closing nine bank branches and restructuring its balance sheet with the prepayment of its remaining long-term borrowings. In addition, beginning July 1, 2021, […]

CurrencyWorks’ Zer00™ Crypto Mining Platform Starts Working with the First Municipality to Implement Environmental Zero-Cost Energy Solution

Los Angeles CA, June 15, 2021 (GLOBE NEWSWIRE) — CurrencyWorks Inc. (“CurrencyWorks” or the “Company”), (CSE: CWRK and OTCQB: CWRK) a financial technology blockchain pioneer, NFT, digital currency, and payment platform provider, today is pleased to announce that Fogdog Energy Solutions Inc. has started working with the first municipality which will implement CurrencyWorks’ environment zero-cost energy crypto […]

Silverfort CTO to Present Session on Identity-Based Lateral Movement Attack Detection and Mitigation at Identiverse 2021

Yaron Kassner to Discuss How AI and Machine Learning Can be Used To Detect and Block Identity-Based Lateral Movement Attacks In Real time BOSTON & TEL AVIV, Israel–(BUSINESS WIRE)–#IAM—Silverfort, the unified identity protection company, today announced that CTO Yaron Kassner will present a session that will explain how compromised identities are used in lateral movement […]

Trux and REIN Team Up to Offer Dump Truck Drivers Integrated Access to Insurance

Collaboration Helps Haulers Easily Renew Insurance and Access Premium Discounts With Potential Savings of Up to 18%* FRAMINGHAM, Mass.–(BUSINESS WIRE)–Trux™, the only heavy construction logistics platform that connects trucking companies, contractors, brokers, and material producers to the nation’s largest dump truck marketplace, announced today a collaboration with Boston-based REIN. REIN offers a revolutionary embedded insurance […]

QED Investors Hires Former J.P. Morgan Managing Director to Expand Growth-Stage Investments

ALEXANDRIA, Va.–(BUSINESS WIRE)–QED Investors, a leading global boutique venture capital firm focused on investing in disruptive financial services companies, announced today that it has hired Chuckie Reddy as a partner to focus on growth-stage investments. Chuckie joined QED Investors from J.P. Morgan where he spent 17 years, most recently as managing director and head of […]

Lively Surpasses Half a Billion in Assets

Coupled with the IRS Non-Bank-Trustee (NBT) designation, Lively has solidified its position in the HSA market and secured customer trust. SAN FRANCISCO–(BUSINESS WIRE)–#HSA—Lively, Inc., creators of the modern health savings account (HSA), today announces it has exceeded $500 million in HSA assets. The milestone cements its position as the fastest-growing HSA provider and reaffirms its […]

eMaxx launches Alternative Energy Warranty Products through variable cost captive solution

PEABODY, Mass.–(BUSINESS WIRE)–eMaxx, a tech-enabled specialty provider of commercial property and casualty insurance programs, now offers the ability to provide its highly successful alternative energy warranty products through a variable cost captive solution. The suite of warranty programs provide support to manufacturers, developers and owners for renewable, alternative and energy efficiency projects by providing an […]

Root, Inc. and Tremor Partner to Place Property Catastrophe Program

Companies’ leadership across technology and innovation enabled program placement in less than a week COLUMBUS, Ohio, June 15, 2021 (GLOBE NEWSWIRE) — Tremor and Root, Inc. (NASDAQ: ROOT), the parent company of the Root Insurance family of insurance companies, today announced that Root has successfully placed its June property catastrophe program with Tremor Panorama. As […]

REN Connect Payments Software from Euronet Worldwide, Inc. to Enable Real Time Payments Capabilities for Bank of the Philippine Islands

LEAWOOD, Kan., June 15, 2021 (GLOBE NEWSWIRE) — Euronet Worldwide, Inc., (NASDAQ: EEFT), a leading global financial technology solutions and payments provider, announced today its REN Connect software will enable Bank of the Philippine Islands (BPI) to join and participate in the country’s real time payments network, Instapay. BPI will implement REN Connect, a product […]

Paya to Join Russell 2000® Index

ATLANTA, June 15, 2021 (GLOBE NEWSWIRE) — Paya Holdings Inc. (NASDAQ: PAYA) (“Paya”), a leading provider of integrated payment and commerce solutions, today announced that Paya is scheduled to join the small-cap Russell 2000 Index and the broad-market Russell 3000 Index, as well as the appropriate growth and value style indexes, at the conclusion of […]

Vemanti Group Announces Effectiveness of Form 10 Registration Statement

IRVINE, Calif., June 15, 2021 (GLOBE NEWSWIRE) — Vemanti Group, Inc. (“Vemanti” or the “Company”) (OTCQB:VMNT), a multi-asset technology-driven company, today announced that its Form 10 Registration Statement initially filed with the U.S. Securities and Exchange Commission (the “SEC”) on April 9, 2021, became effective on June 9, 2021. Moving forward, the Company will be subject to […]

White Clay Receives TAG FinTech ADVANCE Award for Offering Innovative Fintech Solution to Banking Industry

  LOUISVILLE, Ky.–(BUSINESS WIRE)–White Clay, a fintech company that provides a user-friendly experience to help bankers increase profitability, drive team performance and manage relationships, was named a 2021 ADVANCE Award winner by the Technology Association of Georgia (TAG) FinTech ADVANCE program, which recognizes innovative U.S. fintech companies with connections to Georgia. The ADVANCE Award is […]

Provident Bank Study Shows Digital Banking Still the Banking Method of Choice by Consumers

Post-pandemic, consumers still prefer ease and convenience of digital banking ISELIN, NJ, June 15, 2021 (GLOBE NEWSWIRE) — Provident Bank, a leading New Jersey-based financial institution, recently announced the results of an online survey of 600 U.S. consumers conducted in May 2021. As businesses begin to return to normal, the results of the survey help […]

InvoiceCloud Announces Strategic Partnership with Zensar

BOSTON–(BUSINESS WIRE)–InvoiceCloud, an EngageSmart solution for online bill payment services, announced that it has entered into a strategic partnership with Zensar, a leading digital solutions and technology services company. This partnership brings together the user-friendly SaaS platform of InvoiceCloud and Zensar’s global strategic consulting, enterprise delivery, and implementation services designed to create compelling value for […]

HST Pathways Announces Merger with Clariti Health for Enhanced Patient Price Transparency Resources as Part of its End-to-End Premium Technology Solution

The merger combines HST Pathways’ best in class revenue cycle management tool with premium solutions to address ASC patient, provider, and administrative needs NASHVILLE, Tenn.–(BUSINESS WIRE)–HST Pathways announced this morning its merger with healthcare price transparency leader, Clariti Health. The integration of Clariti Health with HST Pathways will empower ambulatory surgery center (ASC) clients nationwide […]

National Catholic Society of Foresters Taps Breathe Life Hybrid Distribution Platform to Transform the Member Experience

Selects Breathe Life to Modernize How Life Insurance is Bought and Sold MONTRÉAL, June 15, 2021 (GLOBE NEWSWIRE) — Breathe Life, the leading provider of hybrid life insurance distribution solutions, today announced it has entered into an agreement with the National Catholic Society of Foresters (NCSF) to deliver a modern purchasing experience for NCSF insurance […]

HighRadius Launches Highako Academy, The World’s First Microlearning and Community Platform for Order to Cash and Treasury Teams

More than 10,000 credit, collections and A/R professionals from 2800+ companies access 650+ videos in 200+ courses on the platform New ‘Highako Academy’ learning platform to be unveiled at the Credit SkillCon ‘21, led by 17 industry experts including Scott Blakeley, Wanda Borges, Bob Shultz, Jerry Bailey, Richard Macias, Jessica Butler and John Donovan Training […]

BlackRock and iCapital Network® Expand Existing Partnership to Broaden Private Market Access to Wealth Managers Internationally

BlackRock will leverage iCapital’s technology and service solution to increase access to its private markets product range internationally, including European Long-Term Investment Funds (ELTIFs) in Europe Partnership driven by a shared ambition to enhance access to private markets, bringing the benefits of this asset class to more investors across EMEA, APAC and LATAM LONDON & […]

Cross River Launches Venture Capital Arm to Propel the Next Generation of Fintech Startups

FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (“Cross River”), a technology-driven financial services organization that provides core infrastructure and embedded financial solutions, today announced Cross River Digital Ventures, its recently established venture capital arm. Cross River Digital Ventures seeks to invest in companies that sit at the intersection of lending, payments, investing and fintech, and are […]

Pico Strengthens its Asia-Pacific (APAC) Presence with Opening in China

Firm receives its business license as a Wholly Foreign-Owned Enterprise (WFOE) from Shanghai authorities to provide technology services in China NEW YORK, June 15, 2021 (GLOBE NEWSWIRE) — Pico, a leading provider of technology services for the financial markets community, continues to extend the reach of its globally comprehensive technology solutions with the formation of a wholly foreign-owned enterprise (WFOE), British […]

Fi911: Mentorship Program Launched to Elevate Women in the Rapidly Growing Fintech Industry

Fi911’s LIFT: Elevating Women in Fintech offers accessible, free mentoring from influential leaders in the industry TAMPA BAY, Fla.–(BUSINESS WIRE)–Fi911, the sister company of Chargebacks911, has launched a new micro-mentorship program to empower female leadership across the thriving fintech and payments arena. LIFT: Elevating Women in Fintech aims to champion and enable more women to […]

GBT Technologies and GTX Corp. Enter into a LOI for Proposed Worldwide Licensing for Manufacturing, Sales and Distribution

LOS ANGELES, June 15, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC: GTCH) (the “Company”), a technology company focused on developing a portfolio of Intellectual Property targeted on the IoT (Internet of Things), mesh technology and integrated Artificial Intelligence (AI), today announced that on June 10, 2021, the Company and GTX Corp (OTC: GTXO) (“GTX”), […]

Ecommerce Localization Specialist, Reach, Builds Unstoppable Momentum With New Senior Appointments and Canadian Office Move

The leading Canadian fintech has welcomed new talent after impressive 50% year-on-year growth four years running CALGARY, Alberta–(BUSINESS WIRE)–Reach, the global payment localization provider, has announced the appointment of two members of senior management, with Sarah Hermary joining as Head of Human Resources, and Lohrasp Seify as Head of Data. The new hires will support […]