Techwire


Temenos transforms banking with The Temenos Banking Cloud to accelerate SaaS and AI adoption with instant access to Sandbox, Banking Services, and MarketPlace

For the first time, banks can now self-provision the most complete banking services at the click of a button With Temenos, banks can innovate in minutes and launch new products in days to achieve the industry’s fastest time to market With Temenos Banking Cloud, banks can gain business agility to create new revenue streams, massively […]

AWS to Open Data Centers in UAE

New cloud infrastructure region to launch in first half of 2022, allowing customers to run workloads and store data locally while serving end-users with even lower latency SEATTLE–(BUSINESS WIRE)–Today, Amazon Web Services (AWS), an Amazon.com company (NASDAQ: AMZN), announced that it plans to open an infrastructure region in the United Arab Emirates (UAE) in the […]

ixFintech Group Partners with Overseas Technology Companies to Augment ixWallet against Mounting Cyber Security Risks

HONG KONG–(BUSINESS WIRE)–IX Fintech Group (ixFintech) is honoured to announce its collaboration with two overseas technology companies to augment the security and protection of ixWallet against mounting cyber-threats. The upgrade is targeted to be rolled out by 3rd Qtr 2021. Polydigi Tech Ltd is an UK based technology company providing patented digital ID verification solution […]

Flywire Announces Pricing of Initial Public Offering

BOSTON, May 25, 2021 (GLOBE NEWSWIRE) — Flywire Corporation (“Flywire”), a global payments enablement and software company, today announced the pricing of its initial public offering of 10,440,000 shares of its common stock at a price to the public of $24.00 per share. In addition, the underwriters have been granted a 30-day option to purchase […]

With $1.6mm Seed Raise, CAARY Appoints Senior Fintech Investment Strategist John MacKinlay as CEO to Lead U.S./Canada Equity Crowdfunding Campaigns

Fintech startup CAARY has unveiled a corporate credit card for SMEs which is the first of its kind in the Canadian finance industry, allowing businesses to qualify based on funding and revenue as opposed to credit history. The Company has appointed former OMERS investor John MacKinlay as its CEO to lead equity crowdfunding initiatives in […]

Root, Inc. Announces Innovation Partnership with Safekeep, Inc

Root, Inc., the parent company of Root Insurance Company, has engaged the innovative insurtech company focused on leveraging AI in claims COLUMBUS, Ohio, May 25, 2021 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, has announced that it has engaged Safekeep, an award-winning insurtech that uses AI to maximize […]

Curve Smashes Its Own 2019 Crowdfund Record, With £6m Raised in Just Under 3 Hours

LONDON–(BUSINESS WIRE)–#crowdfunding–The much-anticipated crowdfunding round from Curve, the fast-growing financial super app, has beaten its own 2019 crowdfund record, raising £6m in just 2 hours 49 minutes. In its September 2019 campaign, Curve raised £6m in 4 hours 42 minutes. At the £6m mark, 6,827 customers and retail investors had participated in the round since […]

Onramp Invest Launches Crypto Education and Connectivity Platform for Registered Investment Advisors

Gemini Frontier Fund and Ritholtz Wealth Management are among early investors in Onramp’s current fundraise; first integration partners include Advyzon and CF Benchmarks SAN DIEGO–(BUSINESS WIRE)–#Onramp—Onramp Invest, a multiple cryptoasset Integration Platform as a Service (iPaaS), has emerged from beta mode today. Created by advisors, for advisors, Onramp Invest launches a full suite of resources […]

Alien Autopsy NFT Drop: Authenticated by the CIA, Reserve $1 Million on Rarible

The most famous piece of UFO evidence—an NFT of the film that led the CIA to confirm the existence of extraterrestrial life—has been compared to the Zapruder Film for its importance and was even memorialized on the X-Files; Bid now The NFT made from the original 1947 Alien Autopsy film. The auction of the most […]

The Legendary Keyboard Evolves with the BlackWidow V3 Mini HyperSpeed

Razers new 65% keyboard features ultra-fast Razer HyperSpeed Wireless technology for low-latency gaming in a compact form-factor IRVINE, Calif.–(BUSINESS WIRE)–#65percent–Razer™, the leading global lifestyle brand for gamers (Hong Kong Stock Code: 1337), today announced the BlackWidow V3 Mini HyperSpeed keyboard, delivering the perfect mix of wireless freedom and functionality in a compact form factor. Designed […]

CORRECTING and REPLACING PHOTO NorthOne Partners with The Bancorp Bank and Galileo to Offer Banking Platform for Small Businesses

NorthOne joins other top FinTechs in partnership with The Bancorp Bank NEW YORK–(BUSINESS WIRE)–Please replace the photo with the accompanying corrected photo. The release reads: NORTHONE PARTNERS WITH THE BANCORP BANK AND GALILEO TO OFFER BANKING PLATFORM FOR SMALL BUSINESSES NorthOne joins other top FinTechs in partnership with The Bancorp Bank NorthOne, the FinTech that […]

Givinga Launches First Philantech® Cloud Technology

Fintech solution provides partners with technology-fueled charitable giving capabilities, unleashing the power of modern philanthropic giving BOSTON–(BUSINESS WIRE)–Givinga today unveiled its Philantech® cloud technology, the first set of modernized, customizable tools that unlock the full potential of charitable giving by removing barriers to philanthropy. Philantech enables partners to easily integrate and manage a wide range […]

EagleBank Provides $26 Million in Financing for Friendship Heights Retail Landmark Mazza Gallerie

Funding will support construction of multifamily units and retail space BETHESDA, Md., May 25, 2021 (GLOBE NEWSWIRE) — EagleBank, one of the largest community banks in the Washington, D.C. area, today announced that it provided $26 million in acquisition financing to support the revitalization of Mazza Gallerie, a landmark retail space in the thriving Friendship […]

Basware Obtains ISO 9001:2015 Certification

Certification Demonstrates Basware Commitment to Highest Level of Quality of its Fintech Solutions ESPOO, Finland–(BUSINESS WIRE)–#ISO9001—Basware (Nasdaq: BAS1V) announces today that the Basware quality management system has been certified according to the International Organization for Standardization (ISO) 9001:2015 standard, the most widely recognized international quality management standard. The certification covers the design, development, operations, customer […]

FireLight® and RightBRIDGE® Annuity Wizard Integrate Providing Seamless Annuity Research to Application Sales Experiences

COLORADO SPRINGS, Colo.–(BUSINESS WIRE)–#AnnuityResearch–Insurance Technologies, LLC, a provider of sales and regulatory automation solutions for the life and annuities insurance industries, announced the integration of FireLight® and RightBRIDGE® Annuity Wizard from CapitalRock. This integration offers an enhanced suitable sales experience from research to application for advisors and their clients. RightBRIDGE Annuity Wizard helps advisors determine […]

Coursera Partners with Persona to Verify its Global User Base

Persona’s Personalized Identity Verification System Scales with Coursera Amidst Rapid Growth SAN FRANCISCO–(BUSINESS WIRE)–Persona, the identity infrastructure company offering businesses the building blocks to create a personalized identity verification experience for any use case, announced today that it is partnering with Coursera, one of the world’s leading online learning platforms. Coursera selected Persona as its […]

Zendrive, DSG and MiWay Usher in a New Era of Behavior-Based Motor Insurance with MiWay Blink

Powered by Zendrive’s cutting-edge mobility risk intelligence platform and integrated by DSG, MiWay Blink sets a new standard of innovation in South Africa’s motor insurance landscape SAN FRANCISCO, May 25, 2021 (GLOBE NEWSWIRE) — As the pandemic has dramatically accelerated the need for innovation in the global motor insurance industry, leading insurer MiWay and mobility […]

Climate First Bank (In Organization) Prepares for Opening With New Executive Appointments

Latest additions to leadership team demonstrate the bank’s commitment to becoming the most successful values-based financial institution ST. PETERSBURG, Fla., May 25, 2021 (GLOBE NEWSWIRE) — Climate First Bank (In Organization), a values-based community bank with a focus on environmental regeneration, today announces two new senior additions to its inaugural team: Senior Vice President and […]

Sentieo Raises $20M Series B Round Following Record Demand for AI-Driven Financial Research Platform

Latest infusion will enable Sentieo to further drive digital transformation of financial and corporate research SAN FRANCISCO, May 25, 2021 (GLOBE NEWSWIRE) — On the heels of record revenue in 2020, Sentieo, the leading next-generation financial and corporate research platform provider, today announced it has raised $20 million in a Series B round of funding. […]

Asia-Pacific Cross-border and Remittance Service Market Report 2021: Need for Faster Payment Services and Lower Transaction Fees Creates New Growth Opportunities

Dublin, May 25, 2021 (GLOBE NEWSWIRE) — The “Digitalization and Data Analytics are Driving Asia-Pacific Cross-border and Remittance Service Market Growth” report has been added to ResearchAndMarkets.com’s offering. This study discusses the strategic imperatives that impact the market, drivers and restraints that influence growth, and opportunities that participants can leverage to grow in this market. […]

Chia Raises $61 Million to Scale Global Deployment of Green Financial Services Infrastructure

Richmond Global Ventures and Andreessen Horowitz co-lead round to accelerate Chia’s adoption across financial institutions, governments and consumers SAN FRANCISCO–(BUSINESS WIRE)–Chia Network Inc., a company built around a new energy efficient decentralized blockchain and smart transaction platform founded by Bram Cohen, has secured a $61 million Series D Preferred equity investment led by Richmond Global […]

ICE Reports Record Total Futures and Options Open Interest of 84.5 Million Contracts

Total Open Interest +8% 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 approximately 84.5 million contracts on May 21, 2021, surpassing the previous record set on March 12, 2020. This record depth of liquidity across ICE’s […]

Agora Services Partners with i2c to Enable the First Real Challenger Bank Platform for Community Banks and Credit Unions

-Driving innovative use cases for mobile-first digital banking lab built specifically for smaller FIs- ATLANTA–(BUSINESS WIRE)–Agora Services, the challenger bank technology platform for community banks and credit unions, today announced it has partnered with i2c Inc., a leading global provider of digital payment and open banking technology, to provide modern digital first issuing and processing. […]

Horizon Bank Prepares to Roll Out MOCA’s Digital-First Next-Generation Card-Based Payment Platform

-Bank provides users with an advanced suite of payment solutions including virtual cards, real-time P2P payments, browser-based online payment assistant and purpose-driven cards – AUSTIN, Texas–(BUSINESS WIRE)–MOCA, a digital first next-generation card-based payment platform provider, announced that Horizon Bank ($1.7 billion in assets), the largest community bank in Austin, Texas, will soon offer MOCA’s advanced […]

Top Belgian Bank Mitigates Mobile Banking Fraud with OneSpan Mobile Security

Belfius Bank deploys OneSpan technology to reduce fraud and improve the digital experience for 1.5 million mobile customers CHICAGO & BRUSSELS–(BUSINESS WIRE)–OneSpan™ (NASDAQ: OSPN), the global leader in securing remote banking transactions, today announced that Belfius Bank has integrated OneSpan Mobile Security Suite (MSS) into its mobile app to help protect its customers from the […]

Building Transparency and Financial Data Exchange Engage Trevelino/Keller to Drive Reputation and Thought Leadership Position

Atlanta Marketing and Communications Leader Chosen For its Depth of Experience with Non-Profit Organizations ATLANTA–(BUSINESS WIRE)–Trevelino/Keller, an integrated PR, marketing and creative agency, today announces new partnerships with Building Transparency and Financial Data Exchange (FDX). Building Transparency is an organization that provides free and open access data and tools that help reduce embodied carbon emissions […]

Paystand and Sage Partner to Make B2B Payments Instant, Intuitive, and Cashless for Sage Intacct Users

SCOTTS VALLEY, Calif.–(BUSINESS WIRE)–#b2bpayments—Paystand – the fastest growing, blockchain-enabled B2B payments platform – today announced its partnership with Sage, the market leader in cloud business management solutions. The partnership enables a “Venmo for businesses” through Paystand’s B2B payment network, which is now integrated with the Sage Intacct cloud financial management system and is available via […]

Embroker Expands C-Suite with Chief Insurance Officer and Chief Technology Officer Hires

Insurtech deepens executive bench to drive more volume and velocity through its digital business insurance platform SAN FRANCISCO, May 25, 2021 (GLOBE NEWSWIRE) — Embroker, the digital business insurance platform making it radically simple to get insured, today announced the appointment of two industry experts to the roles of Chief Insurance Officer and Chief Technology […]

CapLinked Announces New Government Clients

CapLinked Inc. welcomes new municipal and county government clients to the rapidly growing roster of organizations using its software platform to securely share information and manage multi-party projects LOS ANGELES, May 25, 2021 (GLOBE NEWSWIRE) — CapLinked, Inc., a developer of cloud-based information control software, today announced the addition of new municipal and county government […]

Financial Solutions Lab 2021 Accelerator Cohort to Improve Financial Resilience and Growth for Underserved Communities in Wake of Pandemic and Beyond

As part of 10-year $60 million initiative, selected companies focus on credit, insurance, digital banking, and asset building solutions for LMI, Black, Latinx and LGBT+ communities Financial Solutions Lab logo Chicago, IL, May 25, 2021 (GLOBE NEWSWIRE) — The Financial Solutions Lab, an initiative launched and managed by the Financial Health Network in collaboration with […]

Resolve Lands $60M to Expand its Embedded Billing Platform for B2B Buy Now Pay Later

Resolve digitizes customer net terms for B2B commerce, helping sellers and buyers to grow sales and cash flow while removing friction and risk from B2B payments SAN FRANCISCO, May 25, 2021 (GLOBE NEWSWIRE) — Resolve announced today that it has raised $60 million in funding to fuel the growth of its embedded billing platform for […]

RoadSync Customers Can Now Pay with WEX Cards

PORTLAND, Maine–(BUSINESS WIRE)–WEX (NYSE: WEX), a leading financial technology service provider, and RoadSync, a digital payment platform for the freight and transportation industry, announced today the addition of WEX’s EFS and Fleet One payment solutions (WEX OTR) to RoadSync’s digital payments platform, RoadSync Checkout. By using RoadSync Checkout, the process of paying accessorial and freight […]

Curve’s Eagerly Anticipated Crowdfund Goes Live

Curve’s crowdfund now live on Crowdcube platform, after hugely popular pre-registration campaign For a limited time, from today, eligible prospective investors can participate in the crowdfund* LONDON–(BUSINESS WIRE)–#crowdfunding–The highly anticipated crowdfunding round from Curve, the fast-growing financial super app, is live. Prospective investors, including new and existing customers, can find the full details of the […]

RIDDLE&CODE Becomes One of the First Fintech Companies in Austria to Receive FMA Licence

VIENNA–(BUSINESS WIRE)–RIDDLE&CODE FinTech Solutions, an innovative European company empowering financial institutions to handle all aspects of digital asset management, has obtained a licence as a “service provider for virtual/cryptographic tokens” by the Austrian Financial Market Authority (FMA). RIDDLE&CODE FinTech Solutions is one of the first fintech companies in Austria to be registered with FMA. The […]

ACI Worldwide and J.P. Morgan Collaborate to Offer Merchants in Europe Greater Choice of Payment Options

Collaboration planned to enable merchants to use J.P. Morgan’s European Acquiring Platform with ACI’s Omni-Commerce solution for in-store payments acceptance Pre-certified, off-the-shelf joint solution can reduce time, cost and risk for merchants MIAMI–(BUSINESS WIRE)–#ACI—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced a collaboration with J.P. Morgan, […]

The Power of Transparency: Individual Investors Demand ESG Data They Can Trust

New Workiva Survey Identifies Top Trends for 2021: Awareness of ESG is pronounced among younger investors Millennial and Gen Z investors demand data transparency Investors find it difficult to trust companies’ environmental disclosures ESG data is becoming a larger consideration when deciding where to invest AMES, Iowa–(BUSINESS WIRE)–$WK #BigData—Workiva Inc. (NYSE:WK) today released findings from […]

PayMyTuition Supports Strategic Expansion in China with Selection of Fiserv to Enable Local Payment Methods for Overseas Services

PayMyTuition and Fiserv will enable students to pay overseas tuition fees using preferred payment methods such as Alipay and WeChat Pay Education institutions and enterprises outside China will benefit from payment settlement in their local currency SHANGHAI–(BUSINESS WIRE)–PayMyTuition, a leading provider of technology-driven global payment processing solutions for tuition payments, is supporting a strategic expansion […]

Truxton Trust Advises Sabino Recovery on Debt Financing for Management Buyout

Truxton Trust – Sabino Recovery Tombstone Truxton Trust Advises Sabino Recovery on Debt Financing for Management Buyout NASHVILLE, Tenn., May 24, 2021 (GLOBE NEWSWIRE) — Truxton Trust Company is pleased to announce its role as lead lender and senior debt placement agent to Sabino Recovery, a provider of trauma and addiction residential treatment programs in […]

Printful, a Leading Print-on-Demand Company, Achieves Unicorn Status with Growth Investment from Bregal Sagemount

New capital to help Printful continue to scale on-demand printing after nearly doubling revenue in 2020 CHARLOTTE, N.C.–(BUSINESS WIRE)–Printful, an industry-leading print-on-demand drop shipping and fulfillment company announces a $130 million non-control investment from Bregal Sagemount, a leading growth equity firm. The financing establishes Printful as the first privately owned company with Latvian roots to […]

Rev19 Announces Rebranding, Changes Name to Agile Financial Systems

Agile Financial Systems has unveiled a new name and logo as part of an extensive rebranding initiative SOUTHLAKE, Texas–(BUSINESS WIRE)–Rev19 LLC, an integrated financial payment solution provider founded in 2017, has announced a rebrand of the company to Agile Financial Systems (AFS). The name change reflects AFS’ broader commitment to its agents, partners and customers […]