NEW YORK–(BUSINESS WIRE)–Moody’s Analytics has earned the top ranking in four categories in the new Center for Financial Professionals (CeFPro) Fintech Leaders 2021 report: » #1: Balance Sheet Risk » #1: Credit Risk » #1: Model Risk » #1: Stress Testing As a result of these wins we finished #2 in the report’s Top 50 […]
Banker turned fintech investor bolsters Curve Board, ahead of expansion into US, deeper push into Europe and launch of Curve Credit LONDON–(BUSINESS WIRE)–Curve, the London-based fintech that combines multiple cards and accounts into one smart card and even smarter app, has named Anju Patwardhan as a non-executive director to the Board. Anju brings decades of […]
Company Continues to Invest to Meet Growing Demand and Accelerate Dealmaking in the Region MINNEAPOLIS–(BUSINESS WIRE)–#MnA–Datasite®, a leading SaaS-based technology provider for global mergers and acquisitions (M&A) professionals, today launched local data hosting capabilities in Australia to help local dealmakers get deals done quickly and easily, including helping them comply with the Australian Privacy Principles […]
LOS ANGELES–(BUSINESS WIRE)–Kayne Partners, the growth equity strategy of Kayne Anderson Capital Advisors, L.P. (“Kayne” or the “Firm”), a leading alternative asset management firm with over $32 billion under management, continued its success in the media and supply chain sectors in 2020. Kayne Partners was very active last year in those sectors, having invested […]
acxell has been acquired in a management buyout with a 100% acquisition of ownership EAST BRUNSWICK, N.J.–(BUSINESS WIRE)–#banking–Led by Mr. Philip Gonzalez (Managing Director) and Ms. Melissa Taylor (Operations Director), a senior management group at acxell has acquired full ownership of the firm formerly known as P&G Auditors and Consultants, LLC, d/b/a P&G Associates (“P&G”). […]
LD Micro Index Up 35.72% for 2020 Index Up 34.21% YTD (as of the close, Friday, February 5th) 1,189 Total Companies in Index 423 Companies Added to the Index 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 […]
LEAWOOD, Kan., Feb. 08, 2021 (GLOBE NEWSWIRE) — Euronet Worldwide, Inc. (NASDAQ: EEFT), a leading global electronic payments provider, today announced agreements for ATM network participation services in Spain with the following eight banks: Grupo Caja Rural / Banco Cooperativo, Grupo Cajamar, Bankinter, Eurocaja Rural, EVO Banco, Triodos Bank, Caixa Guissona, and Laboral Kutxa. Under […]
BRISBANE, Australia–(BUSINESS WIRE)–”Ultimately, in a financial services business – it’s all about the numbers,” according to Rob Shore, Group Chief Financial Officer at EML. Speaking in a fascinating conversation, he reveals his scientific mindset of testing and learning have remained consistent themes in his life. He is very excited about the company’s 3-year Accelerator strategy. […]
DUNKIRK, N.Y., Feb. 05, 2021 (GLOBE NEWSWIRE) — Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ Global Market: LSBK), the holding company for Lake Shore Savings Bank (the “Bank”), announced that the Company’s Board of Directors approved a $0.13 per share cash dividend on its common stock, payable on March 15, 2021, to shareholders of record […]
The Huntsman V2 Analog keyboard stars Razer’s new cutting-edge Analog Optical Switches with the ability to fully adjust and set dual-step actuations for the finest degree of gaming control. IRVINE, Calif.–(BUSINESS WIRE)–#analog–Razer™, the leading global lifestyle brand for gamers (Hong Kong Stock Code: 1337), today announced the new Razer Huntsman V2 Analog – a feature-packed […]
Ryan will work to ensure Zafin is positioned for growth, leading sales strategy and operations NEW YORK, Feb. 05, 2021 (GLOBE NEWSWIRE) — Zafin, the world’s leading product and pricing platform for the next generation of banking, today announces the addition of Jay Ryan as chief revenue officer. Ryan will ensure the company’s global sales […]
Together Helping More Financial Institutions Accelerate Innovation with Breakthrough Digital Payments MIAMI–(BUSINESS WIRE)–NYMBUS®, a leading provider of banking technology solutions, today announced it has partnered with NYDIG to help financial institutions quickly expand their digital capabilities by offering Bitcoin products and services to customers. According to a new NYDIG consumer survey, more than 22 percent […]
Nuvei reports in U.S. dollars and in accordance with International Financial Reporting Standards (“IFRS”). All amounts in this press release are in U.S. dollars. MONTREAL, Feb. 05, 2021 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, today announced preliminary unaudited financial results […]
HONG KONG–(BUSINESS WIRE)–DAEM Technology Limited (DAEM Technology), a wholly owned subsidiary of ixFintech Group, announced its new product, the ixWallet. ixWallet is a truly distributed ledger wallet, meaning that all the user savings are on the blockchain. It allows users to send/ receive digital assets, as well as to review the ixCrypto Index. The wallet […]
TULSA, Okla.–(BUSINESS WIRE)–On Wednesday, January 27th, 2021 Vast Bank, N.A. (Vast) successfully executed an end-to-end cryptocurrency transaction. In doing so, Vast believes it is the first nationally chartered financial institution to both purchase and provide custody services for a digital asset on behalf of a customer and directly from their bank account. This accomplishment represents […]
JOHANNESBURG, South Africa, Feb. 04, 2021 (GLOBE NEWSWIRE) — Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS; JSE: NT1) today released results for the second fiscal quarter ended December 31, 2020. Q2 2021 Highlights and Recent Developments: Net increase of 44,000 EasyPay Everywhere (EPE) account holders, the first quarterly increase in eight quarters; IPG exit process […]
JOHANNESBURG, South Africa, Feb. 04, 2021 (GLOBE NEWSWIRE) — Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS; JSE: NT1) (“Net1” or the “Company”) today announced that it has sold its remaining interest in Bank Frick & Co. AG (“Bank Frick”) back to The Kuno Frick Family Foundation for $30 million. The gross proceeds of $30 million […]
Continuity, a leading provider of technology solutions for compliance, risk and performance management, has chosen CrossCheck Compliance LLC, a leader in regulatory compliance consulting, to expand its ability to serve the financial institutions marketplace. NEW HAVEN, Conn., Feb. 04, 2021 (GLOBE NEWSWIRE) — Continuity announced today that it has entered into formal agreement to work […]
Combines Cash and Check Automation Software Solutions Northbrook, IL, Feb. 04, 2021 (GLOBE NEWSWIRE) — Digital Check Corp., a leading provider of image capture and payments processing technology, is announcing the completion of its acquisition of Benchmark Technology Group, Inc., a leading provider of cash management automation solutions for the financial industry. Benchmark Technology Group […]
Expedites Single API Financial Data Integration between FIs and SMEs SAN FRANCISCO–(BUSINESS WIRE)–#APIs–TrueNorth, a global fintech software development company, today announced its new partnership with Codat, a technology company that connects the internal systems of small businesses to financial institutions, including fintechs. The partnership provides Codat’s FI clients with direct access to a software engineering […]
Deal to consolidate Trustmark’s servicing stack to expand their customer-first, community-focused footprint and drive fast evolution to support consumer needs 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 seven-year renewal and partnership expansion with Trustmark . Jackson, MS-based Trustmark offers […]
Fintech provider adds new solutions to prevent and mitigate chargebacks, protecting merchant revenue as eCommerce booms MONTREAL, Feb. 04, 2021 (GLOBE NEWSWIRE) — Nuvei Corporation (TSX: NVEI and NVEI.U), the payment technology partner of thriving brands, today announced that it has enhanced its suite of chargeback protection solutions as part of its full-stack payments offering […]
At the intersection of fintech and the construction industry, Built’s cloud-based platform is transforming construction lending and construction spending NASHVILLE, Tenn., Feb. 04, 2021 (GLOBE NEWSWIRE) — Built Technologies, a Nashville-based fintech company and leader in construction finance software and construction payment technology, has closed an $88 million Series C funding. Built will use the […]
New Insurance Venture Founded by Industry Leader Mitch Blaser, Backed by Long-Term Investor Golden Gate Capital HAMILTON, Bermuda–(BUSINESS WIRE)–Mosaic, a next-generation global specialty insurer combining newly-formed Lloyd’s Syndicate 1609 with sophisticated underwriting talent, has launched operations in Bermuda, London, the United States and Asia. Mosaic is founded by seasoned industry executive Mitch Blaser, who serves […]
New Secure Token Will Position GreenBox at the Forefront of Global Shift Towards Digital Currency Payments Technology SAN DIEGO, CA, Feb. 04, 2021 (GLOBE NEWSWIRE) — GreenBox POS (OTCQB: GRBX) (“GreenBox” or “the Company”), an emerging financial technology company leveraging proprietary blockchain security to build customized payment solutions, announced today it will be adding Secure […]
PPP support and an increased need for lending efficiencies positioned the company to help an expanding customer base of community bankers as they support small business needs SPRINGDALE, Ark.–(BUSINESS WIRE)–Teslar Software, a provider of automated workflow and portfolio management tools designed to help community financial institutions thrive, today shared highlights from an eventful 2020, including […]
Breaks the limitations of classical mechanics by introducing a quasi-quantum effect Expected to accelerate complex problem-solving in finance, pharmaceuticals and logistics. TOKYO–(BUSINESS WIRE)–#Algorithms–Toshiba Corporation (TOKYO: 6502) and Toshiba Digital Solutions Corporation (collectively Toshiba), industry leaders in solutions for large-scale optimization problems, today announced the Ballistic Simulated Bifurcation Algorithm (bSB) and the Discrete Simulated Bifurcation Algorithm […]
Recently acquired by Mogo Inc., Modern Issuer Processor Carta Worldwide continues international fintech growth with Japanese market expansion VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) a digital payments and financial technology company, today announced that its wholly owned subsidiary, Carta Worldwide (“Carta”), has expanded into Japan in support of the TransferWise launch of their multi-currency […]
Rapid, iterative delivery design enables credit union to quickly go-live on nCino TORONTO, Feb. 04, 2021 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Saskatchewan-based TCU Financial Group has digitally upgraded its business lending processes utilizing the nCino […]
during the forecast period. Customer success platforms are used by organizations to create unique, 360-degree view of customers based on data captured from multiple channels, including offline as well as online channels, such as mobile, web, CRM, social media, third-party apps, and email. New York, Feb. 04, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release […]
Dublin, Feb. 04, 2021 (GLOBE NEWSWIRE) — The “Mobile Payments Market by Technology, Location, Device Type, Payment Type (Banking, Merchant, and P2P), User Type (Banked, Unbanked, and Underbanked), and Purchases by Industry Vertical 2021 – 2026” report has been added to ResearchAndMarkets.com’s offering. This report evaluates leading mobile payment companies, strategies, and provides a market […]
With 84% of SMEs feeling frustrated by lacklustre business banking offerings, banks must accelerate digital innovation roadmaps to retain customers and attract new ones LONDON–(BUSINESS WIRE)–Marqeta, the global modern card issuing platform, today released a new report highlighting SME frustrations with business banking services. The survey showed that digital banking services have been vital for […]
LONDON–(BUSINESS WIRE)–#banks—United Fintech has entered the Market Data & RegTech space with the acquisition of German fintech, TTMzero. United Fintech has taken a 25% stake in the market leading firm, with the intention of increasing to 80% over the next three years. The acquisition is in line with its strategy of acquiring and scaling innovative […]
Get Ready to ‘Blue It’ Cheyenne, Wyoming, Feb. 03, 2021 (GLOBE NEWSWIRE) — CHEYENNE, WY. — Blue Federal Credit Union has started to roll out its new initiative encouraging everyone to “Blue It”. The new campaign combines expertise from the country’s largest independent brand consultancy, one of the finest media placement agency, as well as […]
Nicolai brings deep expertise in insurance technology, product strategy and business development TOPEKA, Kan., Feb. 03, 2021 (GLOBE NEWSWIRE) — SE2, a life and annuities insurance technology and services provider, today announced the appointment of David Nicolai as Chief Commercial Officer. “David’s experience in leading enterprise product strategy, client engagement and software sales make him […]
Grants and Affordable Loans Have Already Helped Nearly 21,000 Individuals In Low- and Moderate-Income Communities Become Homeowners CHARLOTTE, N.C.–(BUSINESS WIRE)–Bank of America today announced it will triple its affordable homeownership initiative to $15 billion through 2025, aiming to help more than 60,000 individuals and families to purchase homes. First launched in 2019 as a $5 […]
Non-members invited to sessions on mobile driver’s licenses, EMV at the pump and emerging fraud PRINCETON JUNCTION, N.J., Feb. 03, 2021 (GLOBE NEWSWIRE) — The U.S. Payments Forum will be hosting the first All-Member Meeting of 2021 this March. Leaders from across the payments industry will convene to discuss the latest trends, challenges and updates […]
LEAWOOD, Kan., Feb. 03, 2021 (GLOBE NEWSWIRE) — Euronet Worldwide (NASDAQ: EEFT), a leading global financial technology solutions and payments provider, announced today that the publication of active alerts on its ATM screens resulted in the location of eight missing people during 2020. This use of Euronet’s ATM screens, which are potentially viewed by millions […]
82% increase in global ARR fueled by strong demand from enterprises LONDON & SAN FRANCISCO–(BUSINESS WIRE)–Onfido, the global identity verification and authentication provider, today announced it has recorded unprecedented growth in 2020. Global annual recurring revenue (ARR) increased by 82% year-over-year. The company more than doubled its sales in the US, which is one of […]
New monthly record in trading volumes and transactions Peak value of new registrations Trading profit multiplied compared with the same period of the previous year HAMBURG, Germany–(BUSINESS WIRE)–The NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), provider of the social network for financial market trading NAGA.com, has started the new year 2021 with top figures. With […]
