Techwire


IDT Corporation to Present at LD Micro Invitational

NEWARK, NJ, June 07, 2021 (GLOBE NEWSWIRE) — IDT Corporation (NYSE: IDT), a global provider of fintech, unified cloud communications and traditional communications services, will present at the 2021 LD Micro Invitational virtual investor conference to update investors on recent results and management’s strategy and outlook. The IDT presentation will be webcast on Tuesday, June […]

Consumers Can Safely Share Their Cryptoasset Investment Data with First-in-Market Capability from Fiserv

Integration of AllData Aggregation from Fiserv with Verady will provide consumers a view of cryptoassets alongside other financial data BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, will enable consumers to share data on their cryptoasset holdings with their fintech apps and service providers, including a […]

Transact Partners with Swipe Out Hunger to Address College Student Food Insecurity

Transact to Share Swipe Out Hunger Information, Donate Meals at National, Regional, and Virtual ‘Food for Thought’ Events PHOENIX–(BUSINESS WIRE)–#edtech–Today, Transact, the leader in innovative payment solutions for a connected campus, and Swipe Out Hunger, the leading nonprofit addressing hunger among college students, announced the launch of a strategic partnership to address college student food […]

Onramp Invest Selected to Join Visa’s Fintech Fast Track Program

Onramp Invest is working with Visa to deliver the next innovation in payments SAN DIEGO–(BUSINESS WIRE)–#Ethereum–Onramp Invest, a cryptoasset iPaaS (integration Platform as a Service) solution for financial advisors and investment advisory firms, announced today that it has joined Visa’s Fintech Fast Track program. This accelerates its integration with Visa and will allow Onramp to […]

Nuvei Announces Closing of US$500 Million Bought Deal Secondary Offering

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL, June 07, 2021 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, has announced today the closing of the previously announced secondary offering on a bought deal basis […]

Cardlytics Announces Peter Chan as Chief Technology Officer

Former Amazon and Yahoo Executive With 20+ Years in Advertising Tech Experience Leads Cardlytics’ Ad Platform Evolution ATLANTA, June 07, 2021 (GLOBE NEWSWIRE) — Cardlytics, Inc. (NASDAQ: CDLX), one of the largest digital advertising platforms, today announced the appointment of Peter Chan as its Chief Technology Officer. Chan joins Cardlytics from Amazon to lead all engineering […]

Notre Dame Global Partnerships and Deserve Launch New Notre Dame Credit Cards

Show your school pride with the only cash back card that rewards Fighting Irish alumni and fans with unique on-campus experiences. NOTRE DAME, Ind.–(BUSINESS WIRE)–Notre Dame Global Partnerships (NDGP), the multimedia rightsholder for the University of Notre Dame’s Athletics Department, today announced a partnership with digital-first fintech innovator Deserve, and the launch of the new […]

Root, Inc. Bolsters Leadership Team with New Hires

Root Inc., the parent company of Root Insurance Company, announces key new hires as company extends its technical leadership and launches into its next chapter of growth COLUMBUS, Ohio, June 07, 2021 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), a leading AI technology provider for insurance and parent company of Root Insurance Company, today announced […]

SRAX Set to Join Russell Microcap® Index

LOS ANGELES–(BUSINESS WIRE)–$SRAX #sequire–SRAX, Inc. (NASDAQ: SRAX) is set to join the Russell Microcap® Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the US market opens on June 28, according to a preliminary list of additions posted June 4. Membership in the Russell Microcap® Index, which remains in place for […]

Simmons First National Corporation Announces Agreements to Acquire Landmark Community Bank and Triumph Bancshares, Inc.

Acquisitions will complement existing footprint and enhance scale in Memphis and Nashville; will create the 9th largest bank in Tennessee based on deposit market share PINE BLUFF, Ark., June 07, 2021 (GLOBE NEWSWIRE) — Simmons First National Corporation (NASDAQ: SFNC) (“Simmons” or “Company”) announced today that it has entered into two separate definitive agreements to acquire […]

EbixCash Appoints Eminent Accounting, Regulatory & Banking Sector Leader – S Ravi to Its Board of Directors, as It Progresses Toward Its Prospective IPO in India

NOIDA, India and JOHNS CREEK, Ga., June 07, 2021 (GLOBE NEWSWIRE) — EbixCash Private Limited, a subsidiary of Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries today announced the appointment of Mr. S Ravi, as a new independent director to the […]

Heritage Financial Credit Union Taps Scienaptic to Optimize Stronger, AI-Powered Credit Decisions and Enhance Member Financial Well-Being

NEW YORK–(BUSINESS WIRE)–Leading global AI-powered credit decision platform provider, Scienaptic AI announced Heritage Financial Credit Union has chosen to implement the company’s AI-powered platform to enhance its credit decisioning and strengthen financial options for its members. Founded in 1940, Heritage Financial Credit Union is a member-owned, not-for-profit financial institution serving in and around the Hudson […]

The ACAMS 2nd Annual Global Anti-Financial Crime FinTech Summit Offers Cutting-Edge Look at Financial Technology’s Promises and Perils with Guidance from More than 80 Experts on Illicit Finance

Speakers include representatives from the U.S. Treasury Department, Japan’s Financial Services Agency, European Commission, Dubai International Financial Centre, Google, Stripe, PayPal and Coinbase CHICAGO, June 07, 2021 (GLOBE NEWSWIRE) — As part of its ongoing effort to help compliance professionals navigate the promises and perils of emerging technology, ACAMS will present a 3-day training and […]

Paya Announces Proposed Debt Refinancing

ATLANTA, June 07, 2021 (GLOBE NEWSWIRE) — Paya Holdings Inc. (NASDAQ: PAYA) (“Paya” or the “Company”), a leading provider of integrated payment and commerce solutions, today announced plans to refinance its outstanding $228 million term loan facility due 2027 and $25 million revolving credit facility due 2025. The Company anticipates refinancing the facilities with the […]

NEC Payments Finds a New Path to Payment Security With Netcetera

Bahrain-based NEC Payments needed an ACS offering 3DS 2.0, the latest in payment security protocols. Netcetera rose to the challenge, building them a solution from the ground up. ZURICH & DUBAI–(BUSINESS WIRE)–NEC Payments is a rapidly growing digital banking and payment technology company with big plans. Already offering innovative cloud-native banking-as-a-service to Middle East Fintech […]

SmartMetric Reports That Nearly 11 Billion Chip Credit and Debit Cards Have Been Issued Worldwide; The SmartMetric Biometric Card Is Designed to Activate the Chip on These Cards Following a Valid On-Card Fingerprint Scan and Match

NEW YORK–(BUSINESS WIRE)–#ameritrade–SmartMetric, Inc. (OTCQB: SMME): Figures published by EMVCo1 reveal that by year end of 2020, 10.8 billion EMV® chip cards have been issued by financial institutions and were in global circulation – a massive increase of nearly 1 billion credit and debit EMV® cards compared to the previous twelve months. In addition, EMVCo […]

IDEMIA Collaborates With ClimateSeed to Invest in a Carbon Project in India to Offer Truly Sustainable Payment Cards

IDEMIA, the global leader in Augmented Identity, has teamed up with ClimateSeed to support its CO2 emissions offset project in India, to offer GREENPAY cards to its Indian and its global customers COURBEVOIE, France–(BUSINESS WIRE)–For decades, the “take-make-waste” model has ruled the global economy. However, we are now seeing a paradigm shift in Banks’ and […]

CurrencyWorks to Present at the LD Micro Invitational XI Virtual Event

Cameron Chell, Chairman Presenting on June 10th at 900AM PST/1200PM EST Los Angeles CA, June 04, 2021 (GLOBE NEWSWIRE) — CurrencyWorks Inc. (“CurrencyWorks” or the “Company”), (CSE: CWRK and OTCQB: CWRK) a financial technology blockchain pioneer, NFT, and digital payment provider today announced that it will be presenting at the LD Micro Invitational XI Virtual […]

Wolters Kluwer Compliance Solutions Earns Four American Business Awards

Product excellence, innovation recognized by prestigious award program MINNEAPOLIS–(BUSINESS WIRE)–#CASHSuite—Wolters Kluwer Compliance Solutions has earned four American Business Awards for product innovation in the below categories: OneSumX® for Regulatory Change Management, Best Content Management Solution Expere® Language Translation, Best FinTech Solution TSoftPlus™, Most Valuable Technical Innovation CASH Suite™, Best FinTech Solution In their comments, program […]

IDT Corporation Reports Third Quarter Fiscal Year 2021 Results

NEWARK, NJ, June 03, 2021 (GLOBE NEWSWIRE) — IDT Corporation (NYSE: IDT) reported net income per diluted share of $1.39 and Non-GAAP income per diluted share* of $0.47 on revenue of $374 million for the third quarter of FY 2021, the three months ended April 30, 2021. 3Q21 HIGHLIGHTS (Results are for 3Q21 and are […]

WAYNE SAVINGS BANCSHARES, INC. Ranks #50 on American Banker Magazine’s Top 200 Community Banks and Thrifts List for 2021

WOOSTER, Ohio, June 03, 2021 (GLOBE NEWSWIRE) — Wayne Savings Bancshares, Inc. (OTCQX:WAYN), (the “Company”), the holding company parent of Wayne Savings Community Bank (the “Bank”), announced today that it was named to the American Banker magazine’s Top 200 Publicly Traded Community Banks and Thrifts. In its May 2021 issue, American Banker ranked Wayne Savings […]

Root, Inc. Announces Entry into Wisconsin

Now available in 31 states, the insurer brings a mobile-first, modern car insurance experience to the Badger State COLUMBUS, Ohio, June 03, 2021 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced its entry into Wisconsin. Root is now available to the 4.3 million drivers in Wisconsin, making it […]

American Pacific Mortgage Eliminates Gaps in Customer Journey to Achieve 50% Increase in Borrower Retention Rate

APM leveraged automation to bolster borrower retention strategy to protect hard-won customer relationships during peak refi boom MINNEAPOLIS, June 03, 2021 (GLOBE NEWSWIRE) — Faced with a low-rate environment, American Pacific Mortgage (APM), a top-15 retail mortgage company in the country by volume, needed to upgrade its borrower retention strategy to help its 1,400 loan […]

Nordis Technologies Awarded U.S. Patent for Its Innovative Expresso® Customer Communications Management System

New patent extends Nordis’ leadership position in customer communications and payments technology CORAL SPRINGS, Fla.–(BUSINESS WIRE)–#CCM—Nordis Technologies has been granted a U.S. patent for its pioneering Expresso® customer communications management (CCM) system. The patent was approved for 24 claims for specific inventions. The United States Patent and Trademark Office noted Expresso’s combination of capabilities in […]

Majesco Research Underscores Rising Customer Digital Expectations and Increasing Competition are Creating a Time of Reckoning for Insurers

Insurers must reinvent themselves as future-ready, technology-forward companies to keep pace with the demand for digitization and emergence of new digital leaders MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the release of a new thought leadership report, Digital Insurance: The Inflection Point. The report, based […]

Trellis Raises $10 million to Bring Simplicity and Security to Consumer Insurance

Exiting Stealth 2 Years After Founding, Trellis Announces 1MM Users, Major Partners SAN FRANCISCO–(BUSINESS WIRE)–Insurance technology platform Trellis Technologies, Inc., announced today it has raised $10 million in Series A funding led by QED Investors with participation from existing investors NYCA Partners and General Catalyst. Trellis provides secure, digital solutions that help consumers get the […]

Automotive Dealerships Using Digital Motors’ Platform Are Successfully Selling Accessory Products Online

Offering accessories increases dealer profit opportunity amidst inventory shortage IRVINE, Calif.–(BUSINESS WIRE)–Digital Motors’ platform enables its dealership customers to offer consumers an end-to-end online vehicle buying experience, and more than half of those customers are adding accessories to the purchase transaction. Through a dealer’s Digital Motors powered online store, consumers can fully structure a vehicle […]

ICE Announces Record Activity in TTF and JKM Gas Complexes as They Evolve into Global Benchmarks

TTF Futures Open Interest +21% y/y; TTF Futures Volume +22% y/y Number of participants trading TTF +83% since 2016 JKM Futures & Options OI +10% y/y; Volume +15% y/y AMSTERDAM & LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record activity in the TTF natural gas […]

Compliance Systems and IBT Apps Announces Joint Solution

GRAND RAPIDS, Mich.–(BUSINESS WIRE)–IBT Apps, a leading-edge provider of adaptable core banking software, has partnered with Compliance Systems to offer community banks a scalable deposit solution within their i2Suite® platform that maximizes profitability, helps attracts new balances, and supports customer retention. The joint solution leverages the highly configurable document solution from Compliance Systems with the […]

Warwick Capital Management Ltd. Launches as Bermuda-Based Digital Asset Investment Manager

Warwick forming out of principal trading and cryptocurrency market maker Hehmeyer LLC HAMILTON, Bermuda–(BUSINESS WIRE)–#DeFi–Warwick Capital Management Ltd., a Bermuda-based investment manager of digital assets, today announced its formation and launch, spinning out of principal trading and market-making company Hehmeyer, LLC. Brian Tehako, formerly the head trader at Hehmeyer, will serve as Warwick’s Chief Investment […]

Tavant Launches AI-Powered Next-Gen Test Automation Framework

FIRE 5.0 provides comprehensive test automation coverage and efficiency of more than 90% SANTA CLARA, Calif.–(BUSINESS WIRE)–#Qualityengineering—Tavant, a digital products and solutions company, today announced the new version of its end-to-end test automation framework, FIRE 5.0 (Framework for Intelligent and Rapid Execution). Tavant’s FIRE 5.0 is a comprehensive tool and technology agnostic-test automation framework. This […]

RoadSync Partners with AMBEST to Improve Payment Process for Professional Drivers

Innovative Digital Financial Platform Delivers Virtual Payment Technology to AMBEST Customers ATLANTA–(BUSINESS WIRE)–RoadSync, an innovative digital financial platform, today announces its signed partnership with AMBEST, the member-owned, nationwide network of independent truck stops and service centers. Through this partnership, AMBEST service centers can use RoadSync’s virtual payment technology to digitally accept credit cards, fuel cards […]

Bench Raises $60 Million USD Series C and Expands Beyond Accounting with Launch of Bench Banking

Bench centralizes finance for small businesses with first-of-its kind, integrated banking products VANCOUVER, British Columbia–(BUSINESS WIRE)–Bench, America’s largest bookkeeping service for small businesses, announced today that it raised $60 million USD in Series C financing led by Contour Venture Partners. The raise more than doubles Bench’s total funding to over $100M, and was supported by […]

GBT Is Researching To Develop An AI Empowered, Wireless Patient Health Monitoring System

The researched technology, is aiming to create a Radio-Based patient health monitoring system for homes or facilities SAN DIEGO, June 03, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. ( OTC PINK: GTCH ) (“GBT” or the “Company”) has commenced research with the goal of developing an AI empowered, wireless patient monitoring system. The project’s internal code name is […]

FinTech Acquisition Corp. V and eToro Group Ltd. Announce Confidential Submission of Registration Statement Related to Proposed Business Combination

NEW YORK–(BUSINESS WIRE)–eToro Group Ltd. (“eToro”) today announced the confidential submission with the U.S. Securities and Exchange Commission (“SEC”) of a draft registration statement on Form F-4 (the “Registration Statement”) relating to its previously announced business combination with FinTech Acquisition Corp. V (“FTV”). The business combination is expected, subject to customary closing conditions, including the […]

Bermuda Business Development Agency (BDA) Leads Key Engagements With Florida Officials

HAMILTON, Bermuda–(BUSINESS WIRE)–After over a year of staying connected virtually, the Bermuda Business Development Agency (BDA) is back on the road for direct engagements in Miami, Florida this week. Meetings will be held with senior representatives from the Florida Chamber of Commerce, Enterprise Florida, Miami-Dade Chamber of Commerce, and Greater Miami Chamber of Commerce, as […]

First Busey Corporation Finalizes Acquisition of Cummins-American Corp. and Glenview State Bank

CHAMPAIGN, Ill. and GLENVIEW, Ill., June 02, 2021 (GLOBE NEWSWIRE) — First Busey Corporation (“Busey”) (NASDAQ: BUSE), the holding company for Busey Bank, announced the completion of its acquisition of Cummins-American Corp. (“CAC”), the holding company for Glenview State Bank (“GSB”), effective May 31, 2021.  The transaction was previously announced on January 19, 2021. Under terms of the […]

Foundations Investment Advisors Equips its Financial Advisors with Riskalyze

A rapidly growing firm with over $2.3B in AUM, Foundations chooses Riskalyze for its state-of-the-art client engagement tools AUBURN, Calif.–(BUSINESS WIRE)–#fearlessinvesting—Riskalyze and Foundations Investment Advisors (Foundations) today announced an enterprise agreement to deliver more than 180 financial advisors around the nation access to Riskalyze’s industry-leading risk alignment and portfolio analytics platform. With an expanding network […]

Intertrust Releases 2021 Report on Mobile Finance App Security

Report of over 150 mobile finance apps reveals a high level of security vulnerabilities across both iOS and Android, highlighting the importance of in-app security SAN FRANCISCO–(BUSINESS WIRE)–Intertrust, the pioneer in digital rights management (DRM) technology and leading provider of application security solutions, today released its 2021 State of Mobile Finance App Security Report. The […]