Techwire


i2c Partners with Zytara for Digital Banking Platform

Leading fintech company creates the world’s first digital bank for Millennials, Gen Z gamers and esports enthusiasts REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a leading provider of digital payment and banking technology, today announced its partnership with fintech company Zytara, the pioneering digital banking platform and payment network designed for Millennials, Gen Z gamers and esports […]

Luma Partners with Insurance Technologies to Bring Annuities Solution to Market

CINCINNATI–(BUSINESS WIRE)–#Luma–Luma Financial Technologies (“Luma”), an independent, multi-issuer structured products and annuities platform, announced today that they have selected Insurance Technologies, LLC, provider of FireLight®, a multi-carrier end-to-end insurance and retirement sales platform, as its latest partner to bring their annuities solution, “Luma Annuities,” to market. The Luma platform, which is backed by three of […]

Astra Launches Automated Bank Transfer API for Financial Institutions and Fintech Companies

Company’s technology platform enables fast, programmatic bank-to-bank transfers at a 99.999% reliability rate SAN FRANCISCO–(BUSINESS WIRE)–Astra, a technology company that offers advanced bank-to-bank transfer solutions, today announced the official release of its transfer automation platform designed for financial institutions and fintech companies. The company’s transfer automation platform enables its customers to offer fast, programmatic transfers […]

Nuvei Accelerates Expansion in the US iGaming Market

Leading fintech provider Nuvei expands presence in the growing US regulated iGaming market by leveraging proprietary technology and decades of international industry experience SCOTTSDALE, Ariz. and MONTREAL, Feb. 23, 2021 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, announces its accelerated expansion […]

Wolters Kluwer Lien Solutions Earns Three Major Product Innovation Awards

iLien Motor Vehicle, Portfolio Sync, and iLien for Main Street recognized for excellence HOUSTON–(BUSINESS WIRE)–#WoltersKluwer—Wolters Kluwer Lien Solutions has won three major industry accolades for excellence in product innovation. Two of its solutions—iLien Motor Vehicle and Portfolio Sync—have earned “Product of the Year” distinctions in Finance Monthly magazine’s hotly contested 2021 FinTech Awards, while its […]

Paya to Announce Fourth Quarter and Full Year 2020 Results on March 8, 2021

ATLANTA, Feb. 23, 2021 (GLOBE NEWSWIRE) — Paya Holdings Inc. (NASDAQ: PAYA)(“Paya” or the “Company”), a leading integrated payments and commerce solution provider, today announced that the Company will release its fourth quarter and full year 2020 financial results on Monday, March 8, 2021 before market open. Paya CEO Jeff Hack and CFO Glenn Renzulli […]

GreenBox POS Canadian Subsidiary, MoltoPay, Announces Onboarding of New Canadian Merchant Client

SAN DIEGO, CA, Feb. 23, 2021 (GLOBE NEWSWIRE) — GreenBox POS (NASDAQ: GBOX) (the “Company”), an emerging financial technology company leveraging proprietary blockchain security to build customized payment solutions today announced its Canadian subsidiary, MoltoPay, a Money Service Business (MSB) registered and licensed with Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC) has recently onboarded […]

Heritage Global Inc. Completes Buy Now Pay Later (BNPL) Debt Sales

SAN DIEGO–(BUSINESS WIRE)–Heritage Global Inc. (Nasdaq: HGBL) (“Heritage Global,” “HGI” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today announced that its financial asset sales division, National Loan Exchange (NLEX), has successfully closed the sale of a $25 million portfolio of BNPL charged-off accounts. According to Dave Ludwig, President […]

Overbond and Rapid Addition Form Strategic Alliance to Bring Interoperability and Market Connectivity to Bond Trading Automation

The collaboration gives fixed income traders around the globe the ability to harness the precision analytics, industry-leading speed, and extensive market coverage of Overbond AI alongside Rapid Addition’s high performance electronic messaging platform to automate up to 50% of RFQs. TORONTO & LONDON–(BUSINESS WIRE)–#ai–Overbond’s fixed income artificial intelligence (AI) now offers protocol and system agnostic […]

Funnel’s Revolutionary Online Leasing Tools Enables Renting an Apartment in 10 Minutes or Less

Industry-First FinTech Integration Reduces Time and Fraud TAMPA, Fla.–(BUSINESS WIRE)–The new apartment rental experience is here, and renters are opting for tools that make leasing simpler. Last year, Funnel announced their Online Leasing platform would be available in beta format for existing clients, and today, the impact on the industry is already being felt. Currently, […]

A milestone in the ongoing internationalisation for e-bot7

e-bot7, the leading provider of Conversational AI in customer service, has implemented a translation layer for its AI platform that uses advanced machine learning technologies. High-quality translations can thus be provided on demand: The AI platform can now communicate with customers in 70+ languages as a smart chatbot. This is an important step for Conversational […]

FundGuard Closes $12 Million Series A Funding Round to Accelerate Growth of First AI-Powered Investment Management Enterprise SaaS Platform

Investment will drive product development, entry to new markets and grow the executive team NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–FundGuard, the AI-powered SaaS investment management and asset servicing enterprise platform, today announced that it has closed a $12 million Series A funding round. The financing is being led by Team8 and existing investors Blumberg […]

Access Softek Adds AI-enabled Agent Advisor to Live Chat Solution

BERKELEY, Calif.–(BUSINESS WIRE)–Access Softek, Inc., an omnichannel digital banking platform provider, announced the launch of Agent Advisor the latest feature of its Live Chat solution. Agent Advisor utilizes artificial intelligence (AI) to recognize customer queries submitted via live chat and immediately provides auto-populated responses that call center staffers can push to the customer. Using AI, […]

Lightspeed Partners with dLocal to Power Payments for Independent Merchants in Mexico

Partnership between global commerce leader and emerging market financial technology unicorn provides reliable payment technology tailored to specific needs of Mexican SMBs SAN FRANCISCO–(BUSINESS WIRE)–dLocal, the foremost payment platform connecting global merchants to emerging markets, and Lightspeed (NYSE: LSPD) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce platforms, today announced a new partnership. The […]

TELUS International and Google Cloud Announce Expansion of Long-Term Strategic Partnership to Drive Enterprise Digital Transformation

Joint go-to-market strategy to initially focus on application migration, infrastructure modernization and Contact Center AI Partnership expands on TELUS International’s 10-year relationship with Google, reflecting growth and customer demand for Google Cloud solutions and technology VANCOUVER, British Columbia–(BUSINESS WIRE)–Today, TELUS International (NYSE and TSX: TIXT), a digital customer experience (CX) innovator that designs, builds and […]

AppTech Corp. Engages Innovations Realized LLC to Optimize Operations and Growth Strategies

CARLSBAD, Calif., Feb. 23, 2021 (GLOBE NEWSWIRE) — AppTech Corp. (“AppTech”)(OTC: APCX), a fintech company, announced today that the company engaged Innovations Realized LLC (“IR”) to oversee the market definition and delivery of several key fintech initiatives. In 2021, AppTech intends to launch its innovative and patented mobile text payment solution in addition to a […]

GBT Tokenize Is Developing Real Time Object Detection Algorithms And Techniques For Kirlian Research

Kirlian Research Rendering Analysis sample GBT Tokenize Is Developing Real Time Object Detection Algorithms And Techniques For Kirlian Research SAN DIEGO, Feb. 23, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”), together with GBT Tokenize Corp (“GBT/Tokenize”) is developing real time algorithms and techniques for Kirlian research. A Kirilian image […]

First National Bankers Bank Partners with KlariVis to Provide Comprehensive Data Analytics Solution

KlariVis, a cloud-based data analytics platform, enters strategic alliance with First National Bankers Bank to expand its footprint in the southeast ROANOKE, Va.–(BUSINESS WIRE)–#analytics—KlariVis, a unique and proprietary data analytics software platform developed by bankers for bankers, has entered into a strategic partnership with First National Bankers Bank (FNBB). KlariVis compiles and aggregates high-value, actionable […]

Open Banking a Global Revolution in Progress, Finds Economist Intelligence Unit Report for Temenos

● Nearly half (45%) of global banking executives are set on transforming their business models to become digital ecosystems ● Open bank hub initiatives, giving customers the option to connect their bank data with third-party providers, is the second most chosen innovation strategy globally, cited by 29% of respondents ● This independent report discusses open […]

VC Investment in Fintech More Than Doubles in Second Half of 2020 – Expected to Remain Strong Into 2021, According to KPMG’s Pulse of Fintech

Global fintech investment was US$105 billion in 2020 – the third highest annual total ever thanks to strong VC investment throughout the year US$71.9 billion in fintech investment (M&A, PE, and VC) in H2’20, compared to US$33.4 billion seen in H1’20 US$42 billion in fintech-focused VC investment makes 2020 second best year ever Cybersecurity-focused investment […]

JOOR Expands Payment Capabilities with SEPA and ACH Partnerships

Industry leading wholesale management platform builds on its Payments offering to further transform wholesale transactions and decrease time to collection NEW YORK, Feb. 22, 2021 (GLOBE NEWSWIRE) — Today JOOR, the world’s industry-standard wholesale management platform for fashion, beauty and home, has announced an extension of the company’s Payments platform by launching partnerships with SEPA […]

 Atlantic-Pacific Processing Systems and Global Oculus to Pilot Digital Currency Payment Acceptance

 Technology to Include Real-Time Acceptance Infrastructure, APIs and Integrations that will Enable Consumers to Pay for Purchases with Cryptocurrency LAS VEGAS–(BUSINESS WIRE)–#Bitcoinhyper–Atlantic-Pacific Processing Systems NV, Corp. (APPS), a leading fintech white label SaaS payment processing and acquiring infrastructure platform, and Global Oculus, a blockchain and digital currency solution provider, today announced they have partnered to […]

CellTrust SL2 Drives Mobile Productivity and Compliance at Payne Capital Management

SL2 sets boundaries between work and private life on one cell phone while seamlessly capturing and archiving work-related texts SCOTTSDALE, Ariz.–(BUSINESS WIRE)–#Compliance—CellTrust Corporation, a leading provider of global secure and compliant mobile communication for government and enterprise, announced today its SL2 mobile application for capture and archiving is driving mobile productivity and compliance at Payne […]

BlackRock to Launch the “Aladdin Data Cloud” Powered by Snowflake

Snowflake Selects BlackRock as the Preferred Partner for the Investment Management Industry NEW YORK–(BUSINESS WIRE)–BlackRock (NYSE:BLK) and Snowflake (NYSE:SNOW) today announced a strategic partnership to deliver a next-generation solution for the investment management industry. BlackRock will launch Aladdin Data Cloud, a solution for investment managers to expand the utility of data, powered by Snowflake’s platform. […]

Ebix Reaffirms Business Outlook for 2021 and Beyond

JOHNS CREEK, Ga., Feb. 22, 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 reaffirmed a positive outlook for the year 2021 and beyond. The Company decided to issue this release in response to investor questions over […]

Insights on the Analytics and Risk Compliance Solutions for Banking Global Market to 2027 – Featuring EMC, IBM And LogicManager Among Others

Dublin, Feb. 22, 2021 (GLOBE NEWSWIRE) — The “Analytics and Risk Compliance Solutions for Banking – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering. The publisher brings years of research experience to the 6th edition of this report. The 106-page report presents concise insights into how the pandemic has impacted production […]

Mastercard and ACI Worldwide Announce First Real-Time Payments Infrastructure Collaboration with Cámara de Compensación Electrónica (CCE)

Modernizing Peru’s real-time payments infrastructure is Mastercard and ACI’s first partnership project since the announcement of their alliance to develop real-time payment solutions around the world Mastercard’s Instant Payment Service will allow for the processing of 24/7 real-time payments using the ISO 20022 standard as a managed service, enabling banks to develop new use cases […]

Borrowell Raises $25 Million in New Funding and Completes Acquisition of Refresh Financial

Additional funds will accelerate growth of Borrowell’s 1.5+ million member base and development of new products and services for consumers looking to achieve their financial goals TORONTO, Feb. 22, 2021 (GLOBE NEWSWIRE) — Borrowell, Canada’s leading credit education company and one of its largest financial technology (fintech) companies, today announced it has completed the acquisition […]

HV Bancorp, Inc. Reports Record Results for the Quarter and Year Ended December 31, 2020

DOYLESTOWN, Pa., Feb. 19, 2021 (GLOBE NEWSWIRE) — HV Bancorp, Inc. (the “Company”) (Nasdaq Capital Market: HVBC), the holding company of Huntingdon Valley Bank (the “Bank”), reported results for the Company for the quarter ended December 31, 2020.  At quarter end, the Company held total assets of $861.6 million (143.0% over prior year), total deposits […]

Drop Technologies Inc. Partners with “Buy Now, Pay Later” Platform Sezzle to Financially Empower Shoppers

TORONTO–(BUSINESS WIRE)–Drop Technologies Inc. (Drop) announced today its partnership with “Buy now, pay later” solution Sezzle, the highest shopper-rated alternative payment platform that offers interest-free installments for up to 6 weeks. As shoppers continue to navigate economic uncertainty as a result of the Covid-19 pandemic, the newly launched partnership is designed to financially empower the […]

Peoples Bancorp Announces Cash Dividend

NEWTON, N.C., Feb. 19, 2021 (GLOBE NEWSWIRE) — The Board of Directors of Peoples Bancorp of North Carolina, Inc., Newton, NC (Nasdaq: PEBK) declared the Company’s regular cash dividend for the first quarter of 2021 in the amount of $0.16 per share. The first quarter cash dividend will be paid on March 15, 2021 to […]

Move to Transact Mobile Credential Benefits 8,850 Students Plus Faculty and Staff at Mercer University

Technology Implementation Makes Contactless Payment, Contactless Access, and Contact Tracing Capabilities a Reality PHOENIX, Ariz.–(BUSINESS WIRE)–#edtech–More than 8,850 students, faculty and staff at Mercer University now benefit from contactless payment, contactless access, and contact tracing, thanks to implementation of Transact’s mobile credentials technology last year. Transact, the leader in innovative payment solutions for a connected […]

Veteran Investor From General Catalyst & General Atlantic Launches Avid Ventures with $68M Debut Venture Capital Fund

Anchored by Schusterman Family Investments and the George Kaiser Family Foundation, Avid Ventures Fund I invests in early-stage technology companies transforming the fintech, consumer internet, and software industries in North America, Europe, and Israel. NEW YORK–(BUSINESS WIRE)–Avid Ventures today announced the launch of its $68 million debut venture capital fund. Avid backs exceptional founders at […]

Israel Discount Bank Selects Wolters Kluwer’s Compliant E-Forms Package

Deposit E-Forms Expansion Module streamlines IDB’s disclosures program MINNEAPOLIS–(BUSINESS WIRE)–#WoltersKluwer—Israel Discount Bank of New York (IDB Bank) has selected Wolters Kluwer Compliance Solutions’ Deposit E-Forms Module (DEMx) Expansion Pack to help streamline and enhance the management of its document disclosure practices. Providing disclosures is a required and critical function of U.S. banks and credit unions […]

Patriot Bank Announces Significant Upgrade to SBA Team

STAMFORD, Conn., Feb. 19, 2021 (GLOBE NEWSWIRE) — Patriot National Bancorp, Inc. (“Patriot”) (NASDAQ:PNBK), the parent company of Patriot Bank, N.A. (the “Bank”), today announced the reorganization of the SBA team to strengthen its nationwide SBA Business Lending Unit platform. The Bank believes this will assist more Small Businesses in obtaining needed capital. Mr. Gary […]

United Kingdom Cards and Payments Market Outlook to 2024: Value and Volumes for Cards, Cash, Credit Transfers, Direct Debits and Cheques (2016-20e)

Dublin, Feb. 19, 2021 (GLOBE NEWSWIRE) — The “United Kingdom (UK) Cards and Payments – Opportunities and Risks to 2024” report has been added to ResearchAndMarkets.com’s offering. The report provides detailed analysis of market trends in the UK’s cards and payments industry. It provides values and volumes for a number of key performance indicators in […]

Outlook on the Bancassurance Global Market to 2026 – Impact Analysis of COVID-19

Dublin, Feb. 19, 2021 (GLOBE NEWSWIRE) — The “Bancassurance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering. The global bancassurance market reached a value of US$ 1191 Billion in 2020. Bancassurance refers to an arrangement between a bank and an insurance firm, wherein the bank […]

YEAR-END REPORT 2020

POSITIVE ACHIEVEMENTS IN DIFFICULT TIMES FOURTH QUARTER 2020 Net sales totalled MSEK 13.9 (14.8), a decrease of MSEK 0.9 / 6 % EBITDA was MSEK 0.3 (-9.4), an increase of MSEK 9.7 Operating profit/loss was MSEK -1.5 (-11.2), an increase of MSEK 9.7 Profit/loss after tax was MSEK -6.3 (-10.4), an increase of MSEK 4.1 […]

First National Corporation to Acquire The Bank of Fincastle

STRASBURG, Va. and FINCASTLE, Va., Feb. 18, 2021 (GLOBE NEWSWIRE) — First National Corporation (the “Company” or “First National”) (NASDAQ: FXNC), the bank holding company of First Bank ( “First Bank”) and The Bank of Fincastle (“Fincastle”) (OTCPK: BFTL) jointly announced today the signing of a definitive merger agreement. Upon completion of the acquisition, the […]

Robertson Stephens and StratiFi Technologies Announce New Partnership

Strengthening client-advisor relationships through award-winning risk evaluation tool SAN FRANCISCO–(BUSINESS WIRE)–StratiFi, developer of award-winning PRISM Rating™ technology for financial advisors, and Robertson Stephens have announced a new partnership to create a more holistic view of clients’ financial wellness by integrating risk analytics into their investment solution. This partnership gives Robertson Stephens’ advisors an important tool […]