Techwire

Western Union Wins FinTech Breakthrough Award for “Consumer Payments Innovation” thumbnail

Western Union Wins FinTech Breakthrough Award for “Consumer Payments Innovation”

Recognized for outstanding financial technology enabling financial institutions with seamless cross-border, cross-currency money movement DENVER–(BUSINESS WIRE)–The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today was named winner of the “Consumer Payments Innovation Award” in the fifth annual FinTech Breakthrough Awards for 2021. The company’s innovative cross-border money […]

LeaseLock Announces $1 Billion in Leases Insured as Deposits Become Extinct thumbnail

LeaseLock Announces $1 Billion in Leases Insured as Deposits Become Extinct

Enterprise B2B insurtech platform doubles business in five-month span MARINA DEL REY, Calif.–(BUSINESS WIRE)–LeaseLock, the world’s leading insurtech platform for real estate, today announced the acceleration of its rapid growth, surpassing the $1 billion milestone in insured lease value for residential apartment homes. LeaseLock offers the only fully integrated solution in online leasing checkout systems […]

Truera Selected to Co-Lead Key Working Group for Industry Consortium Addressing Responsible Use of AI in Financial Services

Truera Selected to Co-Lead Key Working Group for Industry Consortium Addressing Responsible Use of AI in Financial Services

Truera to co-lead Transparency Working Group for Monetary Authority of Singapore-led Veritas Consortium SINGAPORE, March 16, 2021 (GLOBE NEWSWIRE) — Truera, which provides the first Model Intelligence platform for AI explainability and model quality, announced today that it has been selected to co-lead the workstream on transparency in the industry initiative on Responsible AI led by […]

Teachers Life Selects the Breathe Life Platform as Cornerstone of Digital and Brand Transformation Strategy

Teachers Life Selects the Breathe Life Platform as Cornerstone of Digital and Brand Transformation Strategy

Leading Fraternal Insurer Prioritizes Digital Distribution as Key Service and Growth Driver MONTRÉAL, March 16, 2021 (GLOBE NEWSWIRE) — Breathe Life, the digital distribution platform provider for the life insurance industry, today announced that Teachers Life has selected them as a key pillar of its digital and brand transformation strategy. A mission-driven fraternal insurer, Teachers […]

Oxygen Named ‘Best Overall Fintech App’ in 2021 FinTech Breakthrough Awards thumbnail

Oxygen Named ‘Best Overall Fintech App’ in 2021 FinTech Breakthrough Awards

Digital banking platform recognized as an important innovator providing value and impact in the fintech industry SAN FRANCISCO–(BUSINESS WIRE)–Digital banking platform Oxygen today announced that it had been named Best Overall Fintech App in the 2021 FinTech Breakthrough Awards. The awards are held by FinTech Breakthrough, a leading market intelligence organization that recognizes the top […]

FAIRWINDS Credit Union Selects Access Softek’s EasyVest Robo-Advisor to Help Members Build Wealth thumbnail

FAIRWINDS Credit Union Selects Access Softek’s EasyVest Robo-Advisor to Help Members Build Wealth

BERKELEY, Calif.–(BUSINESS WIRE)–Access Softek, Inc., an omnichannel digital banking platform provider, announced that FAIRWINDS Credit Union has selected its EasyVest™ robo-advisor solution to bring digital investing options to the more than 200,000 members it serves. EasyVest is a digital wealth management solution that manages investments for users. The solution uses a series of questions to […]

First Keystone Community Bank Selects White Clay to Improve Digital Banking, Boost Profitability and Increase Shareholder Value thumbnail

First Keystone Community Bank Selects White Clay to Improve Digital Banking, Boost Profitability and Increase Shareholder Value

White Clay introduces new scalable solution for community banks and credit unions 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, today announced that Berwick, Penn.-based First Keystone Community Bank will use the new scalable version of its solution to build […]

Abu Dhabi Global Market (ADGM) Appoints U.S. Representatives to Support Businesses Expanding Into the Middle East and North Africa thumbnail

Abu Dhabi Global Market (ADGM) Appoints U.S. Representatives to Support Businesses Expanding Into the Middle East and North Africa

NEW YORK–(BUSINESS WIRE)–#ADGM–Abu Dhabi Global Market (ADGM), the award-winning international financial center (IFC), is excited to announce its partnership with OCO Global, a global trade and investment advisory firm with offices in New York and California, to provide in-market support to American businesses looking to access the Middle East and North Africa (MENA) market. ADGM […]

GBT Commences Research of Probabilistic Neural Network (PNN) Algorithms and Techniques for Kirlian Research

GBT Commences Research of Probabilistic Neural Network (PNN) Algorithms and Techniques for Kirlian Research

SAN DIEGO, March 16, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”) is researching Probabilistic Neural Network (PNN) algorithms and techniques for Kirlian research. PNN is a supervised artificial neural network, which is typically used in classification and pattern recognition systems. Kirlian photography contemplates creating a series of techniques to produce […]

Apple Pay Drives OEM Pay Contactless Transactions to Exceed $1 Trillion in 2022, as Covid-19 Boosts Contactless Retail Payments: Kaleido Intelligence thumbnail

Apple Pay Drives OEM Pay Contactless Transactions to Exceed $1 Trillion in 2022, as Covid-19 Boosts Contactless Retail Payments: Kaleido Intelligence

OEM Pay Continue to Be Increasingly Popular for Instore Payments, but Lag Behind Contactless Card Transactions Globally LONDON–(BUSINESS WIRE)–OEM Pay contactless transactions, driven by Apple Pay, Samsung Pay and Google Pay, will reach more than $1 trillion in 2022, finds fintech and payments research specialists Kaleido Intelligence. This is up 377% from pre-COVID-19 levels in […]

Duco: Manual Process Errors Top List of Data Reconciliation Pain Points for Financial Firms During Pandemic thumbnail

Duco: Manual Process Errors Top List of Data Reconciliation Pain Points for Financial Firms During Pandemic

Nearly a third (28%) of financial services organisations say mistakes from manual processes are their biggest data reconciliation pain point amid the work-from-home drive, research shows LONDON–(BUSINESS WIRE)–Nearly a third (28%) of financial services organisations say that mistakes from manual processes are their biggest data reconciliation pain points. This is according to research released today […]

FINCI Goes Live with Temenos in Record Time in Less Than 4 Months thumbnail

FINCI Goes Live with Temenos in Record Time in Less Than 4 Months

Lithuanian fintech is launching intelligent financial management tools with instant multi-currency payments powered by next-generation Temenos Payments in the cloud Temenos Payments and core banking platform enables FINCI to accelerate time to market, create hyper-efficient business models and leverage open banking to deliver financial value-added services for individual and business clients Temenos is the de […]

Paya Announces Launch of Proposed Public Primary and Secondary Offering of Common Stock

Paya Announces Launch of Proposed Public Primary and Secondary Offering of Common Stock

ATLANTA, March 15, 2021 (GLOBE NEWSWIRE) — Paya Holdings Inc. (NASDAQ: PAYA) (“Paya Holdings”, “Paya” or the “Company”), a leading integrated payments and commerce solution provider, today announced the commencement of a public offering of its common stock by the Company and a selling stockholder. The Company is offering 10,000,000 shares of its common stock […]

First Horizon Corp. to Announce Financial Results and Host Conference Call on April 21

First Horizon Corp. to Announce Financial Results and Host Conference Call on April 21

MEMPHIS, Tenn., March 15, 2021 (GLOBE NEWSWIRE) — First Horizon Corp. (NYSE:FHN) will announce first quarter financial results in a news release, financial supplement, and slide presentation, prior to the market opening on April 21, 2021. A conference call will follow at 8:30 a.m. CT (U.S.) during which management will review earnings and performance trends. […]

Seeds Partners With JUST Capital to Deliver Deeper Portfolio Impact Insights to Advisors and Investors thumbnail

Seeds Partners With JUST Capital to Deliver Deeper Portfolio Impact Insights to Advisors and Investors

Partnership will enable Seeds to offer relevant metrics for advisors to improve prospecting and deepen client engagement NEW YORK–(BUSINESS WIRE)–Seeds, a financial technology firm that empowers financial advisors to offer clients a more intentional, purposeful, and personalized investing experience, has partnered with JUST Capital to deliver engaging impact insights to advisors and the clients they […]

RJD Green Announces Financial Results for the Three Months, Quarter 2 Ended February 28, 2021

RJD Green Announces Financial Results for the Three Months, Quarter 2 Ended February 28, 2021

Tulsa, OK, March 15, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — RJD Green, Inc. (RJDG): RJD Updates Q2 results and Q3 Forecast. Financial Results for the Three Months Ended February 28, 2021, Q2.  The Company had three months revenue of $945,891 and EBITDA revenue of $113,571 with cash of $495,876 held in a bank and cash equivalents of  $68,859 […]

SRAX Releases the Shelf Registration Feature on the Sequire Platform thumbnail

SRAX Releases the Shelf Registration Feature on the Sequire Platform

LOS ANGELES–(BUSINESS WIRE)–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 Shelf Registration Feature. This new Sequire addition combines data and technology to provide actionable insights to public companies in regards to their shelf availability. The […]

Fintech KOHO raises $70M to Scale Better Banking for Canadians

Fintech KOHO raises $70M to Scale Better Banking for Canadians

TORONTO, March 15, 2021 (GLOBE NEWSWIRE) — KOHO Financial, the rapidly growing Canadian challenger bank, announced today that it has closed a $70 million oversubscribed Series C funding round. The round was led by new investor TTV Capital, with renewed commitments from existing investors Drive Capital and Portag3 Ventures. The capital injection will allow KOHO […]

FinTech SendGold & EML Start A Gold Rush With Mobile Wallet Innovation Deepening SendGold’s Physical Gold Platform Capability thumbnail

FinTech SendGold & EML Start A Gold Rush With Mobile Wallet Innovation Deepening SendGold’s Physical Gold Platform Capability

BRISBANE, Australia–(BUSINESS WIRE)–SendGold, the award-winning FinTech platform, providing digital access to physical gold, has changed its name to Rush Gold. The rebrand is aligned with the launch of the company’s mobile Rush Mastercard® card, issued directly to the customer’s mobile wallet and accessed on Apple Pay, Samsung Pay or Google Pay. Rush has partnered with […]

Juniper Research: Mobile Payment Tokenisation Revenue to Exceed $53 Billion Globally by 2025, as OEM Pays & Wallets Drive Adoption thumbnail

Juniper Research: Mobile Payment Tokenisation Revenue to Exceed $53 Billion Globally by 2025, as OEM Pays & Wallets Drive Adoption

BASINGSTOKE, England–(BUSINESS WIRE)–#instorecommerce–A new study from Juniper Research has found revenue from tokenisation provisioning and management in mobile payments will exceed $53 billion in 2025, from $18 billion in 2020. The report found tokenisation, where account details are replaced with data useless to fraudsters, is taking hold in both in-store and remote commerce. This strong […]

South Korea B2C E-Commerce Market and Top Mobile Payment Service Providers: COVID-19 Brought Growth in Mobile Payments in South Korea

South Korea B2C E-Commerce Market and Top Mobile Payment Service Providers: COVID-19 Brought Growth in Mobile Payments in South Korea

Dublin, March 12, 2021 (GLOBE NEWSWIRE) — The “South Korea B2C E-Commerce Market and Top Mobile Payment Service Providers 2021” report has been added to ResearchAndMarkets.com’s offering. This report provides details on the acceleration of the B2C E-Commerce market and the increase of users of mobile payment services in South Korea. Among the findings in […]

Global Banking and Financial Smart Cards Market Report: Rise in the Frequency and Complexity of Data Security Threats

Global Banking and Financial Smart Cards Market Report: Rise in the Frequency and Complexity of Data Security Threats

Dublin, March 12, 2021 (GLOBE NEWSWIRE) — The “Global Banking And Financial Smart Cards Market Size by Type, by Application, by Geographic Scope And Forecast” report has been added to ResearchAndMarkets.com’s offering. Banking and Financial Smart Card Market Size And Forecast The Global Banking and Financial Smart Card Market was valued at USD 3,574.4 Million […]

Flywire Announces Confidential Submission of Draft Registration Statement

Flywire Announces Confidential Submission of Draft Registration Statement

BOSTON, March 11, 2021 (GLOBE NEWSWIRE) — Flywire Corporation has confidentially submitted a draft Registration Statement on Form S-1 to the Securities and Exchange Commission (the “SEC”) relating to the proposed initial public offering of its common stock. The number of shares to be offered and the price range for the proposed offering have not yet […]

Potbelly Corporation Reports Results for Fourth Fiscal Quarter and Full Year 2020

Potbelly Corporation Reports Results for Fourth Fiscal Quarter and Full Year 2020

Fourth quarter same-store sales resilient and improved 130 basis points sequentially to (19.7%) Continued to advance new strategic focus on “Traffic-Driven Profitability” to return Potbelly to long-term growth Strategic initiatives and economic recovery expected to support sequential quarterly improvement in performance and return to positive cash flow and enterprise profitability in second half of 2021 […]

Strata Equity Group Deploys LeaseLock Within Online Resident Leasing to Eliminate Deposits thumbnail

Strata Equity Group Deploys LeaseLock Within Online Resident Leasing to Eliminate Deposits

The preeminent multifamily owner instantly upgrades the resident move-in experience across nearly 20,000 apartment homes nationwide MARINA DEL REY, Calif.–(BUSINESS WIRE)–LeaseLock, the world’s leading insurtech platform for real estate, today announced Strata Equity Group has implemented LeaseLock Zero Deposit™ across its entire portfolio. Strata manages nearly 20,000 apartment homes across 73 communities in 11 states, […]

Gainsight Delivers Record-Breaking Year, Surpassing $100 Million ARR as Momentum for Customer Success Movement Accelerates Worldwide

Gainsight Delivers Record-Breaking Year, Surpassing $100 Million ARR as Momentum for Customer Success Movement Accelerates Worldwide

Partnership with Vista Equity Partners highlights a year in which Gainsight saw Customer Success and net dollar retention become mission-critical for businesses of all sizes, in all industries, around the world SAN FRANCISCO–(BUSINESS WIRE)–Gainsight, the Customer Success Company, today announced highlights from a record-breaking fiscal year. The company’s momentum comes on the heels of a […]

Servus Credit Union Announces Ian Burns as New President & CEO thumbnail

Servus Credit Union Announces Ian Burns as New President & CEO

Servus Credit Union’s new CEO Ian Burns. Servus Credit Union has named Ian Burns as its new President and Chief Executive Officer, taking over from Garth Warner who announced his retirement from this position in July of 2020. EDMONTON, Alberta, March 11, 2021 (GLOBE NEWSWIRE) — Servus Credit Union has named Ian Burns as its […]

Cambridge Savings Bank Announces Successful Transition of Melrose Bank Acquisition; Go-Forward Plan Prioritizes Community Engagement, Charitable Giving and Relationship-Centric Service thumbnail

Cambridge Savings Bank Announces Successful Transition of Melrose Bank Acquisition; Go-Forward Plan Prioritizes Community Engagement, Charitable Giving and Relationship-Centric Service

Cambridge Savings Charitable Foundation Donated $100k to Local Nonprofits Chosen by Melrose Customers CAMBRIDGE, Mass.–(BUSINESS WIRE)–#Melrose—Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, today announced it has successfully transitioned Melrose Bank customers and added CSB’s 17th physical location. Following the acquisition of Melrose Bank […]

Cutting-edge Scale-Out Technology from Toshiba will Take Fintech and Logistics to New Level thumbnail

Cutting-edge Scale-Out Technology from Toshiba will Take Fintech and Logistics to New Level

Multi-chip architecture points way to continued increases in performance of Toshiba’s optimization computer. Potential to create a game-changing shift in complex financial transactions and robotics. TOKYO–(BUSINESS WIRE)–#Algorithms–Toshiba Corporation (TOKYO: 6502), the industry leader in solutions for large-scale optimization problems, today announced a scale-out technology that minimizes hardware limitations, an evolution of its optimization computer, the […]

Seibels Completes Guidewire Implementation for Gulfstream Insurance in Florida thumbnail

Seibels Completes Guidewire Implementation for Gulfstream Insurance in Florida

COLUMBIA, S.C.–(BUSINESS WIRE)–#DigitalTransformation–Seibels is pleased to announce another successful implementation for its client, Gulfstream Property and Casualty Insurance Company, as their latest deployment went live on March 1, 2021. A Guidewire Preferred BPO Provider, Seibels launched Guidewire for policy administration, billing, and digital engagement, positioning Gulfstream to offer their agents and policyholders an enhanced user […]

Clair Named “Future of Work” Finalist at SXSW Pitch

Clair Named “Future of Work” Finalist at SXSW Pitch

Social-impact fintech pioneer selected from over 500 applicants to showcase its instant pay technology NEW YORK–(BUSINESS WIRE)–Clair, a social-impact embedded fintech startup transforming the way that hourly employees get paid, today announced its selection as a finalist in the Future of Work category at the 11th annual SXSW Pitch. Clair was selected from more than […]

Award-Winning NYC PR Firm SourceCode Communications Launches Purpose-Driven Agency for Working Moms thumbnail

Award-Winning NYC PR Firm SourceCode Communications Launches Purpose-Driven Agency for Working Moms

Nearly 2.4 million women have exited the workforce since February 2020; WeRaise PR is the Industry’s First Agency Founded to Support & Advance Working Moms and Caregivers, Hires Moon Vitiello as Managing Director NEW YORK–(BUSINESS WIRE)–SourceCode Communications, award-winning technology communications agency, has announced the launch of WeRaise PR, a full-service public relations agency that delivers […]

Global IoT Fleet Management Market Size Will Reach $18,858 Million By 2025, at 21.6% CAGR Growth: Facts & Factors

Global IoT Fleet Management Market Size Will Reach $18,858 Million By 2025, at 21.6% CAGR Growth: Facts & Factors

[175+ Pages Research Report] According to the recent analysis research report; the global IoT Fleet Management Market in 2018 was approximately USD 4,786 Million. The market is expected to grow at a CAGR of 21.6% and is anticipated to reach around USD 18,858 Million by 2025. Top market players are International Business Machines Corporation (IBM), […]

GBT Defined Its Long-Range Radio System Logic and Architecture

GBT Defined Its Long-Range Radio System Logic and Architecture

SAN DIEGO, March 11, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. ( OTC PINK: GTCH ) (“GBT” or the “Company”), defined its long range radio system logic and architecture. The Infinia project (internal name) is designed to be a high performance, fully integrated, radio transceiver system that is ideally suited for applications that require long range data and […]

NTT DATA Launches Platea Banking – A New Digital Banking Platform That Helps Banks Compose Innovative Open Banking Propositions thumbnail

NTT DATA Launches Platea Banking – A New Digital Banking Platform That Helps Banks Compose Innovative Open Banking Propositions

Platea Banking has been designed to empower banks and enable them to compete with fintechs and neobanks, by quickly launching new business models and differentiated services TOKYO–(BUSINESS WIRE)–#LATAM—NTT DATA, a recognised leader in consulting and IT services for the banking and financial services industry, today announced the launch of Platea Banking, a new digital banking […]

Zilliqa Capital Launches a New Approach to Grow Southeast Asian Financial Ecosystem thumbnail

Zilliqa Capital Launches a New Approach to Grow Southeast Asian Financial Ecosystem

The firm will be led by Co-Founder and former CEO of Ether Capital, Michael H. Conn, alongside executives and thought leaders from Outlier Ventures, WazirX (a Binance brand), Kenetic Capital, Wave Financial, gumi Cryptos Capital, Sky Mavis/Axie Infinity, Tokensoft, Singapore University of Social Sciences, and Zilliqa Research SINGAPORE–(BUSINESS WIRE)–Zilliqa Capital Pte. Ltd., the Singapore-based technology […]

Home Federal Bancorp, Inc. of Louisiana Declares Two-for-One Stock Split in the Form of a Stock Dividend

Home Federal Bancorp, Inc. of Louisiana Declares Two-for-One Stock Split in the Form of a Stock Dividend

SHREVEPORT, La., March 10, 2021 (GLOBE NEWSWIRE) — Home Federal Bancorp, Inc. of Louisiana (Nasdaq: HFBL) (the “Company”), the holding company for Home Federal Bank (the “Bank”), announced today that its Board of Directors declared a two-for-one stock split in the form of a 100% stock dividend, payable March 31, 2021, to stockholders of record […]

Launch: Financial Technology Association to Advocate for Consumer-Centric Fintech Development thumbnail

Launch: Financial Technology Association to Advocate for Consumer-Centric Fintech Development

Shaping the Future of Technology-Driven Financial Markets and Services WASHINGTON–(BUSINESS WIRE)–The Financial Technology Association (FTA), a new trade group formed by leaders of the technology-centered financial services industry, today announced the launch of its organization and the publication of its introductory paper, “Shaping the Future of Finance.” FTA will educate stakeholders and support the modernization […]

First American Data & Analytics Data Now Available on Snowflake® Data Marketplace thumbnail

First American Data & Analytics Data Now Available on Snowflake® Data Marketplace

—Industry-Leading Property, Mortgage and Ownership Insight Now Available in the Cloud— SANTA ANA, Calif.–(BUSINESS WIRE)–First American Data & Analytics, a division of First American Financial Corporation (NYSE: FAF) and a leading global provider of property and ownership data and advanced analytic solutions, announced today it has joined Snowflake Data Marketplace. Availability of highly curated property […]

The Change Company Launches Initiative to Expand Homeownership in Low to Moderate Income Communities thumbnail

The Change Company Launches Initiative to Expand Homeownership in Low to Moderate Income Communities

$1 billion initiative launched based on recommendations made by The Change Company’s Community Advisory Board Coalition of 18 Banks provided over $80 million to finance the initiative The Change Company sponsored and published research conducted by Prosperity NOW with best practices for expanding homeownership in low income communities IRVINE, Calif.–(BUSINESS WIRE)–#africanamerican–The Change Company, America’s Community […]

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