Techwire


Truxton Trust Advises BasePoint on Debt Financing for Expansion

Truxton Trust BasePoint Tombstone Truxton Trust Advises BasePoint on Debt Financing for Expansion NASHVILLE, Tenn., Feb. 16, 2021 (GLOBE NEWSWIRE) — Truxton Trust Company is pleased to announce its role as advisor to BasePoint Health Management, a provider of non-clinical management services for affiliate psychiatrists. The financing is comprised of a senior secured loan facility […]

Boku Launches Direct Carrier Billing with Microsoft in South Korea & Saudi Arabia

LONDON, Feb. 16, 2021 (GLOBE NEWSWIRE) — Boku Inc., (AIM: BOKU), the world’s leading provider of mobile payment and identity solutions, has launched new mobile payment methods for Microsoft in both South Korea and Saudi Arabia. Customers of South Korea’s SK Telecom (SKT) and Saudi Arabia’s Saudi Telecom (STC) can now make seamless & secure […]

Total Expert Welcomes SaaS Veterans Ilene Vogt as Chief Revenue Officer and Rebecca Martin as Chief Marketing Officer

Duo joins the executive team to empower banks and lenders, personalize engagement strategies, and build customer-centric relationships that fuel the company’s momentum MINNEAPOLIS, Feb. 16, 2021 (GLOBE NEWSWIRE) — Total Expert, the customer experience platform for banks and lenders, today welcomes two Software-as-a-Service (SaaS) veterans to its executive team, Chief Revenue Officer Ilene Vogt and […]

Basware Named a Leader in IDC MarketScape Procure-to-Pay Assessment

ESPOO, Finland–(BUSINESS WIRE)–#accountspayable—Basware (Nasdaq: BAS1V) is recognized as a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Procure-to-Pay Applications 2021 Vendor Assessment (doc #US45015519, February 2021). To be included in the IDC MarketScape assessment, vendors’ offerings must be “SaaS” or “cloud-enabled;” meet the IDC MarketScape definition of procure-to-pay (P2P); have procurement technology that encompasses […]

Luma Financial Technologies Signs Credicorp Capital

Top Structured Product and Annuities Platform Continues to Expand Its Presence in Latin America CINCINNATI–(BUSINESS WIRE)–#Luma–Luma Financial Technologies (“Luma”), an independent, multi-issuer structured products and annuities platform, announced today that Credicorp Capital, a leading financial firm located throughout Latin America with a strong presence in Peru, Chile, Colombia, and The United States through its subsidiary […]

RevoluGROUP Canada Inc. RevoluPAY landmark deal to Integrate ALIPAY

VANCOUVER, British Columbia, Feb. 16, 2021 (GLOBE NEWSWIRE) — RevoluGROUP Canada Inc. (TSX-V: REVO), (Frankfurt: IJA2) (the “Company”) is pleased to announce that it has reached an agreement on 11th February 2021 to integrate the large, highly recognized Chinese Payment processing entity ALIPAY into RevoluPAY and upcoming white-label platforms. Final coding integration has already commenced […]

Morgan Stanley Selects 11 Startups for 5th Cohort of Multicultural Innovation Lab Supporting Diverse Founders

Selected from over 700 applicants globally, the 2021 winter cohort startups include ABF Creative, Abode Technologies, Cognitive ToyBox, Elly Health, Fashion Bomb Daily Shop, Kanarys, Lillii RNB, SecondKeys, SupportPay, Virtual i Technologies, and Zirtue – companies with innovative strategies across sectors such as fintech, edtech, e-commerce, social networking, medtech, retail tech and enterprise software Morgan […]

Mercury Digital Assets to Power Enigma Securities’ Trading of Crypto Derivatives

Mercury’s bespoke integrated solution will allow Enigma to quickly grow its footprint in the accelerating market segment CHICAGO–(BUSINESS WIRE)–#crypto—Mercury Digital Assets (“Mercury”), a technology provider for digital asset markets, today announced it is providing a platform solution to Enigma Securities (“Enigma”) for trading crypto derivatives. The customized platform is launching with options and futures products […]

Enhancing Lives With More Credit: Northern Hills Federal Credit Union Selects Scienaptic’s AI-powered Credit Decisioning Platform

Credit union expects to approve more loans to underserved members and streamline lending processes NEW YORK–(BUSINESS WIRE)–Scienaptic AI, the world’s leading AI-powered credit decision platform provider, announced the deployment of its platform at Northern Hills Federal Credit Union. This deployment will enable Northern Hills FCU to use AI to make sharper credit decisions and assist […]

 DigiPli Launches Holistic Anti-Money Laundering Solution and Welcomes Two Advisory Board Members

 End-to-End AML and KYC Solution Revolutionizes How Fintechs Onboard Customers JERSEY CITY, N.J.–(BUSINESS WIRE)–Founded by seasoned compliance veterans, DigiPli is transforming Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols for FinTechs and other financial services firms. Today, DigiPli is pleased to announce the official launch of its holistic Onboarding-as-a-Service solution, which addresses a financial […]

GBT Filed Patent Application for AI Based Facial Recognition Security System

SAN DIEGO, Feb. 16, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”) with GBT Tokenize Corp. (“GBT/Tokenize”) filed with U.S. Patent and Trademark Office (“USPTO”) a patent for AI facial recognition system, for computers and mobile devices. The application has been assigned serial number 63147326 and the filing date […]

Outlook on the Wearable Payments Devices Global Market to 2026 – Industry Analysis and Forecasts

Dublin, Feb. 16, 2021 (GLOBE NEWSWIRE) — The “Global Wearable Payments Devices Market By Type, By Technology, By Application, By Region, Industry Analysis and Forecast, 2020 – 2026” report has been added to ResearchAndMarkets.com’s offering. The global Wearable Payments Devices Market size is expected to reach $42.9 billion by 2026, rising at a market growth […]

Vienna Insurance Group’s Digital Start-up, Beesafe, Achieves Rapid Four-month Guidewire Deployment in Midst of Global Pandemic

Polish insurance brand offers 21st century business model, state-of-the-art IT architecture, and unique customer proposition WARSAW & LONDON–(BUSINESS WIRE)–Beesafe, the digital brand of the Vienna Insurance Group’s (VIG) Polish subsidiary, and Guidewire Software, Inc. (NYSE: GWRE), the platform general insurers trust to engage, innovate, and grow efficiently, today announced that Beesafe has deployed Guidewire to […]

FlexNOW, FlexTrade’s Cloud-based EMS, Empowers Global Equity and Futures Trading for Lyxor Asset Management, One of France’s Largest AM

LONDON–(BUSINESS WIRE)–#cloudtechnology–FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems, announces Lyxor Asset Management adoption of FlexNOW EMS, which combines the best of cloud, desktop, mobile and API technology. FlexNOW gives Lyxor’s traders the power and flexibility to transition seamlessly between the different challenges in today’s working conditions. The ability to […]

ACI Worldwide and Auriga Partner to Launch Next-Generation ATM Acquiring and Self-Service Banking Platform

New platform improves omni-channel experience for consumers, including self-service channel integration with mobile and internet banking OMAHA, Neb.–(BUSINESS WIRE)–#banking—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, today announced a partnership with Auriga, a market leader for omni-channel banking and payment systems. The companies will launch a next-generation ATM […]

Workiva Upgrades All Customers to its Next Generation Cloud Platform

Workiva Cloud Platform Allows for Rapid Development and Deployment of New Solutions and Capabilities, Enabling Organizations to Simplify More of Their Complex Work AMES, Iowa–(BUSINESS WIRE)–$WK #100BestCos—Workiva Inc. (NYSE:WK), the company that simplifies complex work, today announced that it has upgraded its entire global customer base to its next generation Workiva Cloud Platform. The new […]

The global post-COVID-19 Retail POS market size is forecasted to grow from USD 15.8 billion in 2020 to USD 34.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 13.9%

during 2020–2026. The major growth drivers for the market include growing interest in non-cash transactions among consumers, increased data visibility through cloud POS systems and enhanced service delivery. New York, Feb. 15, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Retail Point of Sale Market by Product, End User And Region – […]

WESTPAY APPOINTS ABG SUNDAL COLLIER AS LIQUIDITY PROVIDER

Westpay AB, a leading fintech company, has entered into an agreement with ABG Sundal Collier ASA that they will act as a liquidity provider for Westpay’s share. The commitment takes place within the framework of Nasdaq Stockholm AB’s rules on liquidity enhancement and means that the liquidity provider quotas the purchase and sale volume corresponding […]

TD Bank Group Joins the Open Invention Network Community

DURHAM, N.C., Feb. 15, 2021 (GLOBE NEWSWIRE) — Open Invention Network (OIN), the organization formed to safeguard open source software (OSS) and now the largest patent non-aggression community in history, announced today that TD Bank Group (TD) has joined as a community member. Offering a full range of financial products and services to more than […]

BlackRock Announces Results of Shareholder Vote at Adjourned Joint Special Shareholder Meeting Relating to the Reorganizations of Six Municipal Closed-End Funds

NEW YORK–(BUSINESS WIRE)–BlackRock Advisors, LLC announced today that, at a joint special meeting of shareholders (the “Meeting”) of BlackRock Massachusetts Tax-Exempt Trust (NYSE: MHE), BlackRock MuniYield Arizona Fund, Inc. (NYSE: MZA), and BlackRock MuniYield Quality Fund, Inc. (NYSE: MQY), the requisite votes of shareholders of MQY have approved the reorganization of each of MHE, MZA, […]

Hardbacon secures more than $500,000 in funding

The fintech start-up, whose round of financing continues on FrontFundr.com until February 26, will use the funds to accelerate its growth and prepare for its IPO. MONTREAL, Feb. 12, 2021 (GLOBE NEWSWIRE) — Hardbacon has secured $522,200 in funding from over 350 investors through the FrontFundr equity crowdfunding portal. The company has thus reached its […]

Transact and Southeast Missouri State University to Share Insights During University Business Web Seminar, ‘Campus Digital Transformation: Digital Payments and Commerce for Virtual Learning Environments and Beyond’

Free Discussion on Feb. 17, 2021 at 2 p.m. EST PHOENIX, Ariz.–(BUSINESS WIRE)–#edtech—Transact and Southeast Missouri State University will share their experience and insights on digital payments and commerce for virtual learning environments during a University Business Web Seminar titled, “Campus Digital Transformation: Digital Payments and Commerce for Virtual Learning Environments and Beyond.” The free […]

Pinnacle Bankshares Corporation Announces Fourth Quarter and 2020 Earnings

ALTAVISTA, Va., Feb. 12, 2021 (GLOBE NEWSWIRE) — Net income for Pinnacle Bankshares Corporation (OTCQX:PPBN), the one-bank holding company (“Pinnacle” or the “Company”) for First National Bank (“First National” or the “Bank”), was $1,805,000, or $0.92 per basic and diluted share, for the quarter ended December 31, 2020, and $3,380,000, or $2.04 per basic and […]

Unity Bank Launches Partnership with NID Housing Counseling Agency and Donates $5,000 for Community Education Programs

NID-HCA Helps NJ & Lehigh Valley Residents Through All Phases of the Homeownership Cycle Unity Bank/NID-HCA Donation Check Presentation Photo NID Housing Counseling Agency Branch Manager Maurice Muhammad (left) accepts a $5,000 donation from Vincent Geraci, Unity Bank First Senior Vice President and Director of Mortgage Lending. Unity Bank has launched a partnership with the […]

Teampay Launches Strategic Partner Program to Provide Additional Value within the Spend Management Ecosystem

Distributed Spend Management leader continues to build momentum through its industry-wide network supporting the business process around spend NEW YORK, Feb. 12, 2021 (GLOBE NEWSWIRE) — Today, Teampay, the leading distributed spend management platform, announced the launch of its Partner Program to drive additional benefits for its customers. Through this program, Teampay cements its role […]

Next-generation Data Management Platform Solidatus Raises £14 Million in Series A Funding

Solidatus rapidly delivers a trusted 360 view of an organisation’s data flows, enabling insightful, sustainable and impactful data management Solidatus has raised £14m in Series A funding following a successful year which saw it double in size, quadruple in revenue, and boost expansion into the US and Asia B2B enterprise fund AlbionVC led the round, […]

GreenBox POS Joins Visa’s Fintech Fast Track Program

GreenBox is working with Visa to deliver the next innovation in payments SAN DIEGO, Feb. 12, 2021 (GLOBE NEWSWIRE) — GreenBox POS (OTCQB: GRBX) (“GreenBox”, the “Company”), an emerging financial technology company leveraging proprietary blockchain security to build customized payment solutions today announced that it has joined Visa’s Fintech Fast Track program, speeding up the […]

WEX Announces Redemption of Notes

PORTLAND, Maine–(BUSINESS WIRE)–WEX (NYSE:WEX), a leading financial technology service provider, announced today that it will redeem its outstanding $400 million 4.75% Senior Secured Notes due February 1st, 2023 (the “Notes”) on March 15, 2021. The Company has already sent notice to The Bank of New York Mellon Trust Company, N.A., the trustee for the Notes, […]

First National Corporation Announces 9% Increase in Cash Dividend

STRASBURG, Va., Feb. 11, 2021 (GLOBE NEWSWIRE) — The Board of Directors of First National Corporation (Nasdaq: FXNC) declared a quarterly cash dividend of $0.12 per share on February 10, 2021. This was a 9% increase compared to the quarterly dividend paid on December 29, 2020. The dividend is payable on March 12, 2021 to […]

Patriot Bank announces key addition: Senior Vice President & Deputy Chief Credit Officer

STAMFORD, Conn., Feb. 11, 2021 (GLOBE NEWSWIRE) — Patriot National Bancorp, Inc. (“Patriot”) (NASDAQ:PNBK), the parent company of Patriot Bank, N.A. (the “Bank”), today announced it has appointed a seasoned credit administrator, Patrick Trombly, as its Senior Vice President and Deputy Chief Credit Officer. Mr. Trombly most recently served as Senior Vice President – Commercial […]

Westlake Technology Holdings Closes 2020 With $12.14 Billion in Assets Under Management

LOS ANGELES–(BUSINESS WIRE)–#AutoFinance–Westlake Technology Holdings reports 14.7% growth over 2019 ending 2020 at $12.14 billion in total managed assets. The company directly attributes this success to the dedication of its employees. Despite the challenges of the COVID pandemic, their employees quickly adapted to remote work and persevered through the year – allowing the company to […]

Transact’s Practices for Security, Confidentiality and Availability Stand up to Scrutiny as Company Successfully Completes Annual SOC 2 Type 2 Examination, PCI DSS Assessment, and Penetration Tests

Company Renews Commitment to Data Security, Confidentiality, and Availability With Audits and Certifications for SOC 2 Type 2, PCI DSS, Level 1 Service Provider Under VISA CISP and MasterCard SDP, NACHA ACH Validation PHOENIX, Ariz.–(BUSINESS WIRE)–#compliance–While the pandemic environment has introduced new security risks and elevated current ones, Transact’s practices for security, confidentiality and availability […]

MassHousing Extends Sagent Partnership For 3 Years to Automate the Future of Mortgage Loan Servicing

After stabilizing consumers in 2020 pandemic, MassHousing and Sagent lock in three-year partnership to tackle next chapter in mortgage servicing KING OF PRUSSIA, Pa.–(BUSINESS WIRE)–#fintech—Sagent, a fintech company modernizing mortgage and consumer loan servicing for America’s top banks and lenders, today announced a three-year partnership extension with MassHousing. The extension represents an eight-year collaboration on […]

Kasasa Partners with NYDIG to Provide Bitcoin Wallet Capabilities to Community Financial Institutions

AUSTIN, Texas–(BUSINESS WIRE)–Kasasa®, an award-winning financial technology and marketing provider, has partnered with NYDIG to bring Bitcoin offerings to its network of community institutions and their consumers. “Since Kasasa’s inception, it has proven to be an industry leader in helping financial institutions innovate and stay ahead of the curve,” said Patrick Sells, Head of Bank […]

Kraken Backs Launch of Venture Capital Fund

Fund to power next wave of crypto and fintech innovation SAN FRANCISCO–(BUSINESS WIRE)–Kraken Digital Asset Exchange, one of the world’s largest cryptocurrency exchanges, today announced its backing of the newly launched Kraken Ventures, an independent investment fund targeting early stage companies and protocols across the crypto and fintech ecosystem. The fund will invest in the […]

Instant Pay Fintech Clair Joins Cardtronics’ Allpoint Network of Surcharge-free ATMs

Clair Users Now Have Fee-Free Cash Access at Over 55,000 Allpoint ATMs HOUSTON, Feb. 11, 2021 (GLOBE NEWSWIRE) — Cardtronics today announced a new partnership with Clair, a social impact fintech focused on helping American hourly workers lead better financial lives, to give Clair members surcharge-free cash access through its retail-based network of over 55,000 Allpoint […]

Finicity Promotes FCRA Accountability for Financial Data Aggregators

Finicity releases detailed analysis affirming that data aggregators should be deemed CRAs and subject to FCRA requirements SALT LAKE CITY–(BUSINESS WIRE)–Finicity, a Mastercard company and leading provider of open banking solutions, has produced a detailed white paper with analysis showing why the Fair Credit Reporting Act (FCRA) should apply to providers of data aggregation services […]

2021 FIS Fintech Accelerator Accepting Applications

Key facts: Ten growth-stage fintech startups will be selected and will present their solutions to more than 100 leading financial institutions, potential investors and industry participants. April 9 is the deadline to apply for the 2021 FIS Fintech Accelerator. 12-week program will again be conducted virtually in 2021. JACKSONVILLE, Fla.–(BUSINESS WIRE)–Financial technology leader FIS® (NYSE: […]

ACI Worldwide and Gilbarco Collaborate to Provide Secure, Flexible and Reliable Payments Infrastructure for Fuel, Grocery and Convenience Stores

Joint point-to-point encryption (P2PE) security solution to combat fraud in advance of EMV liability shift OMAHA, Neb.–(BUSINESS WIRE)–#ACI—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, and Gilbarco Veeder-Root, the worldwide leader for retail and commercial fueling operations, announced today that they are collaborating to jointly certify the ACI […]