Techwire


City National Bank Hires Cross-Border Banking Team in New York

Award-winning expat banking specialists complement City National’s East Coast expansion NEW YORK, May 24, 2021 (GLOBE NEWSWIRE) — City National Bank announced today that it has hired a new Cross-Border Banking team to serve the specialized needs of individuals and business teams who relocate to the U.S. from other countries. Based in New York, the […]

SoftTouch Adds Touch-Free PayPal and Venmo Payment Acceptance Capabilities

ANNAPOLIS, Md.–(BUSINESS WIRE)–#POS—SoftTouch POS & Payments, a next-generation fintech company providing point-of-sale, payment gateway, payment processing and integration solutions for restaurants, bars, retail and more, today announced it has enhanced its solutions with touch-free PayPal and Venmo payment acceptance capabilities. PayPal and Venmo are now integrated on all SoftTouch platforms, including SoftTouch POS, SoftTouch POS […]

Zeta Raises $250M From SoftBank Vision Fund 2 for Its Omni Stack for Banks

Zeta’s valuation jumps to $1.45 billion in one of the largest single raises by a Banking Tech Startup LONDON–(BUSINESS WIRE)–Zeta, a banking tech startup, announced today that it has secured $250 million in investment from SoftBank Vision Fund 2. This Series C investment values Zeta at $1.45 billion. This is one of the largest single […]

GreenBox POS Receives Approval for Bank Identification Number (BIN) for Merchant Onboarding

Highly Coveted License Allows GreenBox to Onboard Large ISO Portfolios, Further Accelerating Processing Volume Growth Potential SAN DIEGO, CA, May 24, 2021 (GLOBE NEWSWIRE) — GreenBox POS (NASDAQ: GBOX) (“GreenBox” or the “Company”), an emerging financial technology company leveraging proprietary blockchain security to build customized payment solutions today announced it has been approved by Merrick […]

Stone Enters Into Investment Agreement With Banco Inter

GEORGE TOWN, Grand Cayman, May 24, 2021 (GLOBE NEWSWIRE) — StoneCo Ltd. (Nasdaq: STNE) (“Stone” or the “Company”), a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels, today announces that it has signed a definitive investment agreement with Banco Inter (B3: BIDI3, BIDI4, BIDI11) (“Banco Inter”), a […]

Stavvy Announces Over $40 Million in Series A Financing, Partners with Flagstar Bank to Provide COVID Loan Relief to Consumers

The raise is the largest Series A in New England FinTech and PropTech history Kosta Ligris and Josh Feinblum, co-founders of Stavvy Kosta Ligris and Josh Feinblum, co-founders of Stavvy BOSTON, May 24, 2021 (GLOBE NEWSWIRE) — Stavvy, the Boston-based fintech platform, today announces a $40+ million Series A funding round. The investment will be […]

Grant Thornton India’s Assurance Practice Appointed as Statutory Auditors for Ebix’s India Centered, EbixCash Operations

NOIDA, India and JOHNS CREEK, Ga., May 24, 2021 (GLOBE NEWSWIRE) — 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 that its EbixCash Indian subsidiary has engaged Grant Thornton’s Indian audit affiliate Walker Chandiok & Co LLP (WCC) to […]

SIMON Leverages Digital Experience and Network Reach to Design Cryptocurrency Educational Platform for Wealth Managers

As the crypto world collides with wealth management, SIMON will leverage its award-winning platform solutions to empower 85k+ financial professionals with state-of-the-art digital asset education in preparation for marketplace access and new product arrivals NEW YORK–(BUSINESS WIRE)–#crypto—SIMON Markets LLC (“SIMON”) today announced it will integrate cryptocurrency education into its leading-edge fintech platform for wealth management […]

Community 1st Credit Union Chooses Scienaptic for Quicker, Sharper AI-Powered Credit Decisioning

  NEW YORK–(BUSINESS WIRE)–Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Community 1st Credit Union has selected its AI-powered platform to enhance and augment its credit decisioning and underwriting capabilities for new and prospective members. Initially founded in 1925, Community 1st Credit Union was the first credit union established in the state […]

Mobile Wallet Market Size & Share | North America, Europe, & APAC Industry Statistics 2020-2026: Graphical Research

Major mobile wallet market players include AT&T, Due Inc., J.P. Morgan, PayPal, Visa Inc., Amazon, Google, ICICI Bank Limited, Mastercard, One Mobikwik System Pvt Ltd., One97 Communications Limited, Tencent Holdings Limited, American Express, Ant Financial Services Group, Allied Wallet, Inc., Apple, Barclays, First Data Corporation, Wells Fargo & Company, Skrill Ltd., Vodafone, and Samsung Electronics. […]

Zip Expands into Europe and the Middle East, with the Acquisitions of European BNPL Provider Twisto and UAE-based Spotii

Dollar references are in AUD unless otherwise noted. SYDNEY & NEW YORK–(BUSINESS WIRE)–Zip Co Limited (ASX: Z1P) (“Zip” or the “Company”) is pleased to announce that it has agreed to acquire the remaining shares of European “Buy Now Pay Later” (“BNPL”) provider Twisto Payments a.s. (“Twisto”) and has also entered into an agreement to acquire […]

INVESTBANK to Launch Next-Generation Credit Card for Jordan Powered by i2c’s Global Processing Platform

Collaboration allows commercial bank to deliver innovative credit programs and acquiring services via single agile platform REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a leading provider of digital payment and banking technology, today announced a partnership with INVESTBANK, a leading bank in providing innovative financial solutions in Jordan. i2c’s plug-and-play platform will power credit issuing and acquiring […]

Danny Green Throws in a PORTL Hologram Machine with Ring NFT

The 3-time NBA Champion revealed he is an early investor in the holoportation startup; His uniquely created Danny Green 2020 NBA Championship Ring NFT dropping from game changing curation platform and marketplace New Renaissance is optimized for rotating, 4K PORTL display The world’s first volumetric pro sports memorabilia NFT dropped on the eve of the […]

BOK Financial named a 2021 DiversityInc Top Regional Company

TULSA, Okla., May 21, 2021 (GLOBE NEWSWIRE) — BOK Financial has been recognized by DiversityInc® as one of the nation’s top 20 regional companies for diversity and inclusion. The DiversityInc survey is one of the most comprehensive data-driven D&I analyses of some of the largest U.S. employers. The rankings are based on company-submitted data in […]

SmartMetric, The Maker Of Biometric Protected Fingerprint Activated Credit Cards, Says It’s Biometric Card Provides Enhanced Credit Card Security – 2.8 Billion Credit Cards In Use Worldwide

NEW YORK–(BUSINESS WIRE)–#ameritrade–SmartMetric, Inc. (OTCQB: SMME): 2.8 billion credit cards are in use worldwide. 1.06 billion credit cards are in use in the United States of America. 1 Card based transactions account for $30 trillion in payments globally. 2 The SmartMetric biometric credit and debit card is made to provide additional transaction security at the […]

Ackroo Acquires InterActive DMS

Ackroo expands their AckrooPOS business and deepens industry expertise in automotive HAMILTON, Ontario, May 21, 2021 (GLOBE NEWSWIRE) — Ackroo Inc. (the “Company” or “Ackroo”) (TSX-V: AKR) (OTC: AKRFF), a loyalty marketing, payments and point-of-sale technology and services provider, is pleased to announce that its wholly-owned subsidiary, Ackroo Canada Inc., has signed a definitive asset […]

Investview (“INVU”) Extends Its DeFi Blockchain Technology Holdings and Invests Another $1 Million in NDAU The World’s First Adaptive Digital Currency Asset Proof-of-Stake for long-term store of value & adds NDAU as Method Dividend Payment

Eatontown, NJ, May 21, 2021 (GLOBE NEWSWIRE) — Investview, Inc. (OTCQB: INVU), a diversified financial technology company that through its subsidiaries and global distribution network provides financial technology, education tools, content, research, and management of digital asset technologies with a focus on Bitcoin mining and the new generation of digital assets, is pleased to announce […]

LEX Joins Forces with Apex Clearing to Unlock Access to New Real Estate Markets for Retail Investors

The partnership becomes the first to successfully make public trading of single asset real estate securities available to all investors for investments as small as $250 NEW YORK–(BUSINESS WIRE)–LEX, a commercial real estate securities marketplace for retail investors, and Apex Clearing, the business-to-business custody and clearing platform powering innovation in fintech, investing, and wealth management, […]

Boris Davidoff PhD Appointed Executive VP of Viper Networks, Inc.

TROY, Mich., May 20, 2021 (GLOBE NEWSWIRE) — Viper Networks, Inc. (Pink Sheets: VPER), an emerging international leader in the LED lighting products and integrated systems markets for Smart City projects, is pleased to announce the appointment of Boris Davidoff, Ph.D. as the company’s Executive VP and the Head of International Business Development. In addition, […]

Prelim Brings Power of Automation to Business Banking and SMB Lending Through Enhancements to its Embedded Fintech Platform

SAN FRANCISCO–(BUSINESS WIRE)–With the U.S. economy poised to rebound from the pandemic, small businesses need fast access to capital and to banking services. In response, Prelim, a fintech provider that optimizes digital banking experiences for financial institutions, has announced enhanced digital account opening (DAO) capabilities for business banking accounts and a Status Center tool that […]

Majesco Acquires Market Leading Utilant LLC and Launches New Innovative Data and Analytics Business Unit

Brings Contributory Database and proprietary AI/ML Models along with Cloud-based Loss Control, Loss Control Survey Assessment, and Premium Audit combined with Majesco market leading solutions to provide cutting-edge solutions to address insurance crucial trends MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global provider of cloud insurance platform software, today announced the acquisition of Utilant LLC, a U.S. based […]

Stax Strengthens E-Commerce Presence With PayCertify Partnership

Customers of the global fintech platform, PayCertify now have access to a more in-depth product offering and cohesive payments experience ORLANDO, Fla., May 20, 2021 (GLOBE NEWSWIRE) — Stax by Fattmerchant, the industry’s only complete all-in-one solution for managing everything in the payments ecosystem, announces its partnership with PayCertify, an innovative, global fintech marketplace and leader […]

Pitch Raises $85 Million To Build The First Complete Platform for Presentations

Led by Lakestar and Tiger Global, the investment will enable Pitch to scale its technology platform and global team as the company sets its sights on larger teams around the world BERLIN–(BUSINESS WIRE)–Pitch, the collaborative presentation platform for modern teams, today announced that it has raised an $85 million Series B funding round led by […]

Nuvei Granted Approval to Process Sports Betting and iGaming Payments in Michigan

Nuvei to provide payment processing technology and expertise to Michigan’s online gaming operators MONTREAL and DETROIT, May 20, 2021 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the payment technology partner of thriving brands, announced today that its wholly owned subsidiary has been granted approval by the Michigan Gaming Control Board […]

Global Digital Customer Experience Leader TELUS International Deploys Verint Workforce Engagement on Google Cloud’s Platform Worldwide

The Solution, Supporting Approximately 30,000 of TELUS International’s Team Members, Will Also Be Offered to TELUS International Clients Worldwide as a Next-Generation Workforce Engagement and Customer Experience Platform MELVILLE, N.Y.–(BUSINESS WIRE)–#Boundless—Engage21 — Verint® (Nasdaq: VRNT), The Customer Engagement Company™, today announced TELUS International has upgraded to the newest version of Verint Workforce Engagement, part of […]

Amerant Mortgage Expands its Footprint and Capabilities With the Acquisition of Idaho-based First Mortgage Company

Acquisition Provides Direct Access to Fannie Mae, HUD/FHA, and Veterans Administration CORAL GABLES, Fla., May 20, 2021 (GLOBE NEWSWIRE) — Amerant Mortgage, LLC, a joint venture between Amerant Bank, the second largest community bank headquartered in Florida, and a team of highly specialized professionals in the residential mortgage arena, announced today that it had acquired […]

Aliaswire President to Speak at Southeast Acquirers Association Conference

Disruptive Payment Technologies and the Future of Fintech BURLINGTON, Mass., May 20, 2021 (GLOBE NEWSWIRE) — Aliaswire President Scott Goldthwaite will be a featured speaker at the 2021 Southeast Acquirers Association (SEAA) Annual Conference. The event takes place May 24-26 at the Hyatt Regency Coconut Point Resort & Spa in Bonita Springs, Florida. Goldthwaite will […]

SkyPoint Federal Credit Union Partners with Sensibill to Harness the Power of SKU-Level Data

Credit union leveraging technology to better know and serve members, enhance digital experience TORONTO–(BUSINESS WIRE)–Sensibill, the leading provider of everyday financial tools and SKU-level insights that drive personalization and help make financial wellness attainable for all, today announced that Montgomery County, Md.-based SkyPoint Federal Credit Union has launched the company’s digital receipt management solution to […]

Customers Bank Partners with Tassat to Implement a Blockchain-Based B2B Payments Network to Meet Needs of Business Clients

Customers Bank to Join the TassatPay® Network to Drive Client and Deposit Growth While Providing Frictionless, Instantaneous Payments and Improved User Experiences. WEST READING, Pa. & NEW YORK–(BUSINESS WIRE)–$CUBI #blockchain—Customers Bank, a subsidiary of Customers Bancorp, Inc. (NYSE:CUBI) a bank holding company, and Tassat, a global provider of blockchain technologies for digital payments, today announced […]

Curve’s crowdfunding round to go live after 21,000 sign-ups within first 24 hours

Curve’s crowdfund, designed to bring customers closer to its growth journey, will go live on May 25th, following hugely popular pre-registration stage Curve saw 21,000 sign-ups within first 24 hours of launching its pre-registration campaign LONDON–(BUSINESS WIRE)–#crowdfunding–Curve, the fast-growing financial super app, announces it’s going live with its crowdfunding campaign on Tuesday May 25th, following […]

Discover and Eazy Sign Agreement to Grow Acceptance for Cardholders

BAHRAIN & RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover, a leading digital bank and payments company, and Eazy Financial Services signed an agreement to expand acceptance for both company’s cardholders. Discover, Diners Club International and network alliance cardholders will now be able to use their card at 95% of point-of-sale merchants and 100% of ATMs in Bahrain. Once Eazy […]

Aeldra and Blue Ridge Bank Launch Neobank to Expand U.S. Financial Access to BRICS-Plus Countries

New partnership focused on banking and financial services needs in the U.S. PALO ALTO, Calif.–(BUSINESS WIRE)–$BRBS #BlueRidgeBank–Blue Ridge Bank, the national bank subsidiary of Blue Ridge Bankshares, Inc. (NYSE American: BRBS), announced today a partnership with Aeldra Financial, Inc., a Silicon Valley-based financial technology company, to launch a mobile neobank called Aeldra. The neobank bank […]

GBT Launches Phase I Range Testing of its Long-Range Radio System Prototype

PHASE I Aims for Large Metropolitan Areas Voice and Data Range Testing SAN DIEGO, May 20, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. ( OTC PINK: GTCH ) (“GBT” or the “Company”), launches PHASE I testing for its long range Infinia radio prototype system. The Infinia data communication unit is transmitting information via HF (High Frequency) radio and […]

ENTERS AGREEMENT WHICH WILL INCREASE SHARE OF TRANSACTION REVENUES

Westpay AB, a leading fintech company, has signed an agreement with Open to provide a payment solution for alternative payment methods (APM), including Swish. Open (formerly OpenSolution) is a leading provider of point of sales solutions for the Nordic region’s restaurant and service industries. – Influenced by the pandemic situation, the demand increases for contactless […]

Global Digital Wallets Market Report 2021: A Review of All the Major Digital Wallets Using a Single Consistent Taxonomy

Dublin, May 20, 2021 (GLOBE NEWSWIRE) — The “A Functional Taxonomy of Digital Wallets: Today’s Version, Tomorrow’s Direction” report has been added to ResearchAndMarkets.com’s offering. A Functional Taxonomy of Digital Wallets: Today’s Version, Tomorrow’s Direction, delivers a review of all the major digital wallets using a single consistent taxonomy to enable a more effective competitive […]

United States Neo-Bank Market Report 2021: Powerful New Entrants, Consolidation, Greater Personalization, New Regulations, Search for Profits

Dublin, May 20, 2021 (GLOBE NEWSWIRE) — The “A Maturing U.S. Neo-Bank Market: Growing Pains and Opportunities” report has been added to ResearchAndMarkets.com’s offering. A Maturing U.S. Neo-Bank Market: Growing Pains and Opportunities, discusses the neo-bank market in the U.S. and predicts what the future may hold for these companies. Since their inception, neo-banks have […]

Investar Holding Corporation Announces Additional Authorization under Share Repurchase Program

BATON ROUGE, La., May 19, 2021 (GLOBE NEWSWIRE) — Investar Holding Corporation (the “Company”) (Nasdaq:ISTR), the holding company of Investar Bank, National Association (the “Bank”), announced that the Board of Directors has authorized the repurchase of an additional 200,000 shares of the Company’s common stock under the Company’s stock repurchase program, in addition to the […]

Euronet Worldwide, Inc., and Prosegur Cash Announce Joint Venture to Provide Comprehensive ATM Outsourcing Services to Latin America

LEAWOOD, Kan., and MADRID, May 19, 2021 (GLOBE NEWSWIRE) — Euronet Worldwide (NASDAQ: EEFT), a leading global financial technology solutions and payments provider, and Prosegur Cash (Spanish SE: CASH), a global Cash-In-Transit company with strong leadership in Latin America markets, announces an alliance between both parties through the establishment of a joint venture to provide […]

NetVU Confirms Its Commitment to Helping Members Thrive Post Pandemic

Leadership Delivers Strategy at Annual Meeting IRVING, Texas–(BUSINESS WIRE)–#NetVU–The independent agency channel is resilient and ready to meet the challenges of the future through robust investments in technology and innovative approaches to education. That was the theme of the annual meeting of NetVU, The Network of Vertafore Users, which serves as the official kickoff to […]

TimeTrade SilverCloud Releases ‘Digital-First Banking Trends Report’

Analysis of customer engagement trends reveals new opportunities for financial institutions to improve digital experience TEWKSBURY, Mass.–(BUSINESS WIRE)–TimeTrade SilverCloud, the industry-leading provider of customer engagement solutions, today released its “Digital-First Banking Trends Report,” examining customer engagement trends with banks and credit unions over the span of the first year of the pandemic from March 2020 […]