Techwire

ČSOB Insurance Selects Earnix to Implement Personalized Consumer Products and Rates thumbnail

ČSOB Insurance Selects Earnix to Implement Personalized Consumer Products and Rates

BOSTON & LONDON–(BUSINESS WIRE)–#Earnix—Earnix, a global provider of advanced rating, pricing, and product personalization solutions for insurers and banks, has been selected by one of the largest banking and insurance institutions in the Czech Republic, ČSOB Group, to integrate Earnix’s analytical personalization system into its personal lines insurance offering. Driven by cutting-edge analytics, artificial intelligence […]

EMTECH CEO Carmelle Cadet Testifies Before U.S. House of Representatives on the Future of Blockchain and Central Bank Digital Currency

EMTECH CEO Carmelle Cadet Testifies Before U.S. House of Representatives on the Future of Blockchain and Central Bank Digital Currency

Cadet, a Leading Global Fintech Innovator, Provides Expertise on How the U.S. Can revolutionize its financial market infrastructure, with an inclusive, modern and resilient digital cash infrastructure for all NEW YORK–(BUSINESS WIRE)–#bitcoin—EMTECH, a first-of-its-kind fintech for central banks, announced today that Chief Executive Officer Carmelle Cadet has been selected to provide testimony about digitizing the […]

Next Generation Insurtech Disruptor Abacai Strengthens Senior Team With Key Leadership Hires thumbnail

Next Generation Insurtech Disruptor Abacai Strengthens Senior Team With Key Leadership Hires

Insurance industry heavyweights join Abacai CEO, Mark Wilson, at pivotal time for the industry Abacai’s integrated platform will provide a better insurance experience to customers powered by AI and contextual data technology Abacai intends to disrupt the industry on behalf of the customer LONDON–(BUSINESS WIRE)–Abacai Group (“Abacai” or “the Group”), the next generation insurtech disruptor, […]

Razer Announces the Ultimate AMD Gaming Laptop: The New Razer Blade 14 thumbnail

Razer Announces the Ultimate AMD Gaming Laptop: The New Razer Blade 14

The Razer Blade 14 returns as the world’s most powerful 14-inch gaming laptop – powered by the AMD Ryzen™ 9 5900HX, and running the fastest 14-inch gaming displays, all in the most compact 14-inch gaming chassis. IRVINE, Calif.–(BUSINESS WIRE)–#AMD–Razer™, the leading global lifestyle brand for gamers (Hong Kong Stock Code: 1337), today announced during their […]

First Horizon Declares Cash Dividend on Series F Preferred Stock

First Horizon Declares Cash Dividend on Series F Preferred Stock

MEMPHIS, Tenn., June 14, 2021 (GLOBE NEWSWIRE) — First Horizon Corporation (NYSE: FHN) today announced that its board of directors has authorized payment of a cash dividend of $1,312.08 per share on FHN’s 4.70% Non-Cumulative Perpetual Preferred Stock, Series F (“Series F Preferred Stock”) issued on May 3, 2021. This equates to a cash dividend […]

Origami Risk Offers Free Healthcare Risk Technology Buyers Guide thumbnail

Origami Risk Offers Free Healthcare Risk Technology Buyers Guide

New Generation of Systems Helps Healthcare Professionals Overcome Silos, Improve Risk Management, Patient Safety, Quality, Compliance and Results CHICAGO–(BUSINESS WIRE)–#AI–Origami Risk, the industry-leading risk, safety and insurance Software as a Service (SaaS) technology firm, has developed a free comprehensive guide for healthcare executives evaluating risk management information systems (RMIS). “A healthcare RMIS should help drive […]

SRAX Releases the 1x1 Meeting Feature on the Sequire Virtual Events Platform thumbnail

SRAX Releases the 1×1 Meeting Feature on the Sequire Virtual Events Platform

LOS ANGELES–(BUSINESS WIRE)–$SRAX #SRAX–SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, has announced the release of its 1×1 Meeting Feature in the Sequire Virtual Events Platform. This new addition will allow companies to connect with existing and potential shareholders on an […]

HiFiBiO Therapeutics Closes $75 Million Series D Financing to Accelerate Pipeline With Two Lead Immuno-Oncology Programs and Validate Its DIS™ Approach in the Clinic thumbnail

HiFiBiO Therapeutics Closes $75 Million Series D Financing to Accelerate Pipeline With Two Lead Immuno-Oncology Programs and Validate Its DIS™ Approach in the Clinic

Latest funding led by Mirae Asset Financial Group and joined by B Capital Group, Sherpa, and other new investors together with existing investors such as IDG and Sequoia CAMBRIDGE, Mass. & HONG KONG & HANGZHOU, China & SHANGHAI & PARIS–(BUSINESS WIRE)–#Immunotherapy—HiFiBiO Therapeutics, a multinational biotechnology company with unique expertise in immune modulation and drug intelligent […]

iCapital Network® Announces Brand Ambassador Sponsorship with Golf’s Rising Star Will Zalatoris thumbnail

iCapital Network® Announces Brand Ambassador Sponsorship with Golf’s Rising Star Will Zalatoris

Zalatoris will debut iCapital logo at the U.S. Open this week NEW YORK–(BUSINESS WIRE)–#alternatives—iCapital Network1, the leading global financial technology platform driving access and efficiency in alternative investing for the asset and wealth management industries, today announced a 3-year brand ambassador partnership with Professional Golfer Will Zalatoris, currently ranked 29th in the Official World Golf […]

BlackRock Real Assets Achieves a US$1.67 Billion Final Fundraise for Inaugural Global Infrastructure Debt Strategy thumbnail

BlackRock Real Assets Achieves a US$1.67 Billion Final Fundraise for Inaugural Global Infrastructure Debt Strategy

Global Infrastructure Debt Fund is the largest first-vintage high yield infrastructure debt fund, tripling initial target Positions BlackRock Real Assets as leading global infrastructure manager with investment capabilities across the capital structure 1 NEW YORK–(BUSINESS WIRE)–BlackRock Real Assets has achieved a US$1.67 billion final fundraise for the Global Infrastructure Debt Fund (“GID” or the “fund”), […]

Bank of America Opens First Financial Centers in Kentucky thumbnail

Bank of America Opens First Financial Centers in Kentucky

Expansion Further Demonstrates High-Tech, High-Touch Approach to Client Service LEXINGTON, Ky.–(BUSINESS WIRE)–Bank of America today announced it has opened its first financial centers in Kentucky. The opening of three centers in Lexington brings retail banking, lending and small business services to local clients, along with investing and personalized financial guidance from Merrill. In addition to […]

BMO Harris Bank Selects FIS for Modernization of Core and Digital Banking Platforms thumbnail

BMO Harris Bank Selects FIS for Modernization of Core and Digital Banking Platforms

Key facts Technology modernization provides BMO with greater agility to make banking more convenient for customers, support its continued growth in the U.S. market, bring new products to market more quickly, and increase operational efficiencies. Expanded agreement with FIS will enable BMO customers to enjoy mobile-first deposit and checking accounts and leading digital solutions across […]

ICE Reports Record Total Futures and Options Open Interest of 85.8 Million Contracts thumbnail

ICE Reports Record Total Futures and Options Open Interest of 85.8 Million Contracts

Total Open Interest +10% y/y LONDON & NEW YORK & SINGAPORE–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record open interest of 85.8 million contracts on June 10, 2021. The record depth of liquidity across ICE’s markets is being driven by products including: ICE Low Sulphur […]

MV Index Solutions Announces Quarterly and Semi-Annual Index Review Results Q2/2021 thumbnail

MV Index Solutions Announces Quarterly and Semi-Annual Index Review Results Q2/2021

FRANKFURT, Germany–(BUSINESS WIRE)–MV Index Solutions GmbH (MVIS®) today announced the results of the quarterly and semi-annual MVIS index review. The following table shows a summary of the review results for selected indices, which are licensed to underlie financial products. All review results and more details can be found on www.mvis-indices.com. The following changes will be […]

RBAZ Bancorp, Inc. Completes Subordinated Note Offering

RBAZ Bancorp, Inc. Completes Subordinated Note Offering

PHOENIX, June 11, 2021 (GLOBE NEWSWIRE) — RBAZ Bancorp, Inc. (OTCPK: RBAZ) (the “Company”), the holding company for Republic Bank of Arizona (the “Bank”), announced that it has completed a private placement of $6.0 million in aggregate principal amount of fixed-to-floating rate subordinated notes to certain institutional accredited investors. The Company will use the proceeds […]

Republic Bank of Arizona Announces Formation of Bank Holding Company

Republic Bank of Arizona Announces Formation of Bank Holding Company

PHOENIX, June 11, 2021 (GLOBE NEWSWIRE) — Republic Bank of Arizona (the “Bank”) announced the formation of RBAZ Bancorp, Inc. (OTCPK: RBAZ) (the “Company”), a bank holding company. Following shareholder and regulatory approval, Republic Bank of Arizona became the wholly-owned subsidiary of RBAZ Bancorp, Inc. effective June 10, 2021 through an Agreement and Plan of […]

FIDO Alliance Announces the FIDO Developer Challenge

FIDO Alliance Announces the FIDO Developer Challenge

First Global Program Invites Teams to Leverage Public FIDO2 WebAuthn API to Showcase Unique FIDO Authentication Ideas – Entry Deadline July 2, 2021 MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–The FIDO Alliance today announced the first global FIDO Developer Challenge. Building on the success of the FIDO Hackathon in Korea over the last few years, FIDO is globally […]

ICE Mortgage Technology Acquires eVault Technology from DocMagic for Encompass eClose thumbnail

ICE Mortgage Technology Acquires eVault Technology from DocMagic for Encompass eClose

PLEASANTON,Calif. & TORRANCE, Calif.–(BUSINESS WIRE)–ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced it will deploy an eVault solution for secure storage of digital mortgages and notes, based upon technology acquired from DocMagic, Inc. The eVault technology will be integrated into ICE’s […]

Trifork joins Fintech company as co-owner together with Arbejdernes Landsbank, Nykredit and Spar Nord

Trifork joins Fintech company as co-owner together with Arbejdernes Landsbank, Nykredit and Spar Nord

Press releaseSchindellegi – Switzerland Trifork has agreed with the existing owners of the Fintech company YoungMoney ApS to invest in the company and receive an ownership of 25% in the company. Young Money ApS is currently delivering the Young Money App universe to children in Denmark. Currently this App solution has approximately 40,000 users and […]

WSFS and BMTC Receive Stockholder Approval to Combine

WSFS and BMTC Receive Stockholder Approval to Combine

WILMINGTON, Del. and BRYN MAWR, Pa., June 10, 2021 (GLOBE NEWSWIRE) — WSFS Financial Corporation (NASDAQ: WSFS) and Bryn Mawr Bank Corporation (NASDAQ: BMTC), jointly announced today that their respective stockholders approved the previously announced merger of BMTC into WSFS at a special meeting of stockholders for each company. “Stockholder approval from both companies is another […]

indie Semiconductor and Thunder Bridge Acquisition II, Ltd. Announce Closing of Business Combination thumbnail

indie Semiconductor and Thunder Bridge Acquisition II, Ltd. Announce Closing of Business Combination

indie To Begin Trading on Nasdaq June 11, 2021 as “INDI” ALISO VIEJO, Calif. & GREAT FALLS, Va.–(BUSINESS WIRE)–indie Semiconductor, an Autotech solutions innovator, and Thunder Bridge Acquisition II, Ltd. (Nasdaq: THBR), a special purpose acquisition company, today announced the completion of their previously announced business combination. The combined company will retain the indie Semiconductor […]

Clip Becomes Mexico's Fintech Unicorn thumbnail

Clip Becomes Mexico’s Fintech Unicorn

Raises U.S. $250 Million Investment Round to Democratize Payments and Grow Platform Ecosystem MEXICO CITY–(BUSINESS WIRE)–Clip, Mexico’s leading digital payments and commerce platform, today announced it has received a U.S. $250 million capital investment led by the SoftBank Latin America Fund and Viking Global Investors LP. The investment is the largest ever for a payments […]

Tavant, LoanBeam Partner to Enhance Digital Mortgage Experience with Automated Income Calculation thumbnail

Tavant, LoanBeam Partner to Enhance Digital Mortgage Experience with Automated Income Calculation

–Real-time income calculation improves complex underwriting, reduces risk SANTA CLARA, Calif.–(BUSINESS WIRE)–#automation—Tavant, a Silicon Valley-based provider of AI-powered digital lending technologies, today announced a strategic partnership with LoanBeam, a mortgage technology leader that specializes in data extraction and income calculation, to further enhance the digital mortgage experience with automated borrower income calculation. LoanBeam’s APPSolute™ suite […]

BlackRock Debuts Cloud Computing and 5G Multisector ETF (IDAT) thumbnail

BlackRock Debuts Cloud Computing and 5G Multisector ETF (IDAT)

NEW YORK–(BUSINESS WIRE)–As digital connectivity expands across the globe and transforms the way society interacts with technology, today BlackRock announces the launch of the iShares Cloud and 5G Multisector ETF (NYSE: IDAT). IDAT seeks to track the investment results of the Morningstar® Global Digital Infrastructure & Connectivity Index. Morningstar’s forward-looking index uses fundamental Morningstar research […]

With Digital Transformation Gaining Traction Within Financial Services, Xtensifi Plays Pivotal Role in Connecting Fintechs and FIs thumbnail

With Digital Transformation Gaining Traction Within Financial Services, Xtensifi Plays Pivotal Role in Connecting Fintechs and FIs

ATLANTA–(BUSINESS WIRE)–As digital transformation within consumer and business banking continues to accelerate, Xtensifi, a digital consulting and development firm that enables fintech organizations, banks and credit unions to create and execute their mobile and online strategies, continues to grow and is now actively managing projects with more than a half dozen different fintech firms and […]

BofA Expands Its Digital B2C Payment Offerings with Pay to Card thumbnail

BofA Expands Its Digital B2C Payment Offerings with Pay to Card

Solution Supports U.S. and Cross-Border Transactions via Bank Cards NEW YORK–(BUSINESS WIRE)–Bank of America is adding a new payment solution to its suite of business-to-consumer (B2C) payment capabilities. Named Pay to Card, the solution supports corporates’ growing need to pay consumers quickly and digitally by depositing funds directly into an individual’s or small business’ bank […]

QuickFee Appoints Eric Lookhoff as Chief Executive Officer thumbnail

QuickFee Appoints Eric Lookhoff as Chief Executive Officer

Lookhoff to drive growth, product development, and expansion into new markets LOS ANGELES–(BUSINESS WIRE)–#CEO–Financial technology company, QuickFee Limited (ASX:QFE) (https://www.quickfee.com), announces the promotion of Eric Lookhoff to Chief Executive Officer to take effect on July 1, 2021, when he will also join the QuickFee Board as an Executive Director. Lookhoff joined QuickFee in February 2021 […]

Socure Reports Explosive Growth of 113% Year-Over-Year and Emerges as the Industry Leader in Digital Identity Verification and Trust thumbnail

Socure Reports Explosive Growth of 113% Year-Over-Year and Emerges as the Industry Leader in Digital Identity Verification and Trust

Socure has become essential for companies seeking a competitive edge in customer acquisition by enabling them to say yes to every good consumer instantly while reducing risk online NEW YORK–(BUSINESS WIRE)–#dataprotection—Socure, the leading platform for digital identity trust, today announced 113% year-over-year growth, further cementing Socure’s critical position as the emerging leader in the industry. […]

Origin Launches Equity Manager to Demystify the Ins and Outs of Employee Equity Compensation thumbnail

Origin Launches Equity Manager to Demystify the Ins and Outs of Employee Equity Compensation

Financial wellness benefits provider expands platform to provide holistic view of employee total rewards SAN FRANCISCO–(BUSINESS WIRE)–With a flurry of skyrocketing valuations, huge IPOs and SPACs in recent months, equity compensation can make up the majority of an employee’s total compensation. However, if employees don’t understand how equity works, they are leaving a significant amount […]

Stax Leaders Named EY Entrepreneur of the Year 2021 Finalists

Stax Leaders Named EY Entrepreneur of the Year 2021 Finalists

Suneera Madhani and Sal Rehmetullah part of a group of 18 Florida-based entrepreneurs selected as finalists ORLANDO, Fla., June 10, 2021 (GLOBE NEWSWIRE) — Ernst & Young LLP (EY US) recently named Stax CEO and founder Suneera Madhani and president and founder Sal Rehmetullah as finalists for the Entrepreneur Of The Year® 2021 Florida Award. Now […]

PenFed Credit Union Makes Card Management Easy with Digital Technology from Fiserv thumbnail

PenFed Credit Union Makes Card Management Easy with Digital Technology from Fiserv

Credit union will offer spending insights, safety controls and self-service capabilities through members’ smartphones, tablets and desktop computers BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, announced today that PenFed Credit Union, the nation’s second largest federal credit union, will enhance its members’ ability to manage […]

Root, Inc. Celebrates More Ways Connected Drivers Can Get Quotes with RootReady

Root, Inc. Celebrates More Ways Connected Drivers Can Get Quotes with RootReady

RootReady allows drivers to leverage their connected cars to get immediate quotes from Root based primarily on how they drive COLUMBUS, Ohio, June 10, 2021 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), the parent company of the Root family of insurance companies, today celebrates more ways for drivers of connected cars to get quotes based […]

Ria Money Transfer Adds Real Time Payments Through Brazil’s PIX Instant Payments Platform in Partnership with Banco Rendimento

Ria Money Transfer Adds Real Time Payments Through Brazil’s PIX Instant Payments Platform in Partnership with Banco Rendimento

Access to new Brazilian real time payment network enables instant local payments 24/7 throughout the country BUENA PARK, Calif., June 10, 2021 (GLOBE NEWSWIRE) — Ria Money Transfer, a world leader in the cross-border money transfer industry and subsidiary of Euronet Worldwide, Inc. (NASDAQ: EEFT), today announced the launch of instant payments in Brazil via the […]

Allfunds and iCapital Network® Announce Strategic Partnership to Improve Global Client Access to Private Markets thumbnail

Allfunds and iCapital Network® Announce Strategic Partnership to Improve Global Client Access to Private Markets

Partnership strengthens Allfunds’ private market and sub-advisory ambitions with integration of iCapital’s technology and solutions  Allfunds provides access to more than 1,500 major private and commercial banks and financial institutions globally ZURICH, Switzerland & NEW YORK & MADRID–(BUSINESS WIRE)–Allfunds, one of the world´s largest fund distribution platform and wealthtech industry leader, and iCapital Network1, the […]

US Payments Forum July Meeting to Explore New Payments Technology, Evolving Industry Standards and Payments in Transit

US Payments Forum July Meeting to Explore New Payments Technology, Evolving Industry Standards and Payments in Transit

PRINCETON JUNCTION, N.J., June 10, 2021 (GLOBE NEWSWIRE) — The U.S. Payments Forum today announced the details for the virtual July Meeting. Payments leaders will gather to share insights on the latest technologies, challenges and updates in the industry through interactive virtual sessions, including keynotes, panels and roundtables. The meeting will take place virtually from […]

nCino Announces the Winners of Its Inaugural Customer Awards Program

nCino Announces the Winners of Its Inaugural Customer Awards Program

Santander UK, CoBank and Barclays named recipients of Financial Services Impact Awards Nominations judged by leading research and advisory firm Celent WILMINGTON, N.C., June 10, 2021 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced the winners of the nCino Financial […]

Approov 2.7 Delivers New “Shield Right” Mobile Application API Protections Against Automated Attacks thumbnail

Approov 2.7 Delivers New “Shield Right” Mobile Application API Protections Against Automated Attacks

Financial, connected cars, ecommerce and healthcare customers laud Approov platform. “Actual Use” pricing supports adoption by SMBs as well as large, hyperconnected enterprises. SAN JOSE, Calif. & EDINBURGH, Scotland–(BUSINESS WIRE)–Approov, creators of advanced API threat protection solutions, today introduced Release 2.7 of the Approov API Shielding platform which lets companies of all sizes adopt leading-edge, […]

Canadian Banks and Credit Card Issuers Not Separating from Pack Despite Continued Investment in Digital Capabilities, J.D. Power Finds thumbnail

Canadian Banks and Credit Card Issuers Not Separating from Pack Despite Continued Investment in Digital Capabilities, J.D. Power Finds

Customer Satisfaction Scores Increase as Growing Number of Users Migrate to Digital TORONTO–(BUSINESS WIRE)–Bank and credit card customers in Canada are interacting with mobile apps and websites at a higher rate than ever before, with a record 68% of retail bank customers using mobile banking and 55% now classified as digital-only. However, according to a […]

GBT is Approved for System Award Management (SAM) registration

GBT is Approved for System Award Management (SAM) registration

Now eligible to conduct business with the US Government. SAN DIEGO, June 10, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT”, or the “Company”) received an activation noticed for its System for Award Management (SAM) registration #832011626/91FW3. The active status makes GBT eligible to conduct business with the US government contractors and/or […]

FinLync Selected by Citrix to Power Treasury and Finance Teams  thumbnail

FinLync Selected by Citrix to Power Treasury and Finance Teams 

Global leader selects FinLync’s API-driven Applications that provide immediate, actionable financial data to corporate treasurers and finance professionals NEW YORK–(BUSINESS WIRE)–FinLync, a privately held, global fintech company transforming corporate finance and treasury offices through its world-class products, today announced that Citrix, the builder of secure, unified digital workspace technology, has selected FinLync’s suite of SAP-certified […]

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