Techwire

Embroker further accelerates the digital transformation of specialty commercial insurance with the launch of new platform, Embroker Access

Embroker further accelerates the digital transformation of specialty commercial insurance with the launch of new platform, Embroker Access

Embroker Access allows partner agencies to offer Embroker’s instant quotes and 25% savings to their customers, including the newly expanded instant management liability package that covers all private companies SAN FRANCISCO, CA, Dec. 09, 2020 (GLOBE NEWSWIRE) — Embroker, the insurtech transforming specialty insurance, today launched Embroker Access, a new online service that allows retail […]

PruVen Capital launches as an independent venture firm in partnership with Prudential Financial thumbnail

PruVen Capital launches as an independent venture firm in partnership with Prudential Financial

Global, multistage venture fund led by Ramneek Gupta to invest $300 million in transformational startups in insurance, financial services, real estate, digital health care and enterprise tech NEWARK, N.J.–(BUSINESS WIRE)–$PRU–PruVen Capital, a global, multistage venture firm backed by Prudential Financial, Inc. (NYSE: PRU), has formally launched its first fund with $300 million in capital to […]

Bill.com and Wells Fargo Introduce Bill Manager to Help Businesses Pay and Get Paid with Increased Simplicity, Visibility and Control thumbnail

Bill.com and Wells Fargo Introduce Bill Manager to Help Businesses Pay and Get Paid with Increased Simplicity, Visibility and Control

SAN FRANCISCO–(BUSINESS WIRE)–Bill.com (NYSE: BILL), a leading provider of cloud-based software that simplifies, digitizes and automates complex back-office financial operations for small and midsize businesses (SMBs) and Wells Fargo & Company (NYSE:WFC) today announced Bill Manager, a new joint offering now available to help automate and simplify the accounts payable and receivable process for small […]

Plastiq and Tipalti Partner to Increase Working Capital and Automate Bill Pay for Commercial Businesses

Plastiq and Tipalti Partner to Increase Working Capital and Automate Bill Pay for Commercial Businesses

Using Plastiq, Tipalti Clients Can Use Their Corporate Cards to Automate Payments to Any Supplier, Even Where Cards Aren’t Accepted SAN FRANCISCO–(BUSINESS WIRE)–Today, Plastiq, the intelligent payment solutions provider for businesses, and Tipalti, the leading global payables automation platform, announced a partnership and integration to empower commercial businesses to use their corporate credit cards to […]

DataStax Delivers New Open-Source API Stack for Modern Data Apps thumbnail

DataStax Delivers New Open-Source API Stack for Modern Data Apps

Burberry, Macquarie Group, Netflix, USAA, and Yelp Building Modern Data Apps with Stargate APIs SANTA CLARA, Calif.–(BUSINESS WIRE)–DataStax today announced a new API stack for modern data apps. Stargate, an open-source API framework for data, first unveiled this summer, is now generally available in DataStax’s Astra cloud database and for free download. The new offering […]

Ebix named as a Dominant Technology Provider by Novarica in the Latest Life/Health and Annuity New Business and Underwriting Report

Ebix named as a Dominant Technology Provider by Novarica in the Latest Life/Health and Annuity New Business and Underwriting Report

JOHNS CREEK, Ga., Dec. 09, 2020 (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 Ebix was named in the “Dominant Provider” category in the just released Life/Health and Annuity New Business and Underwriting Navigator Report […]

IDEMIA and Rocker Partner to Offer F.CODE The First Biometric Card in Sweden thumbnail

IDEMIA and Rocker Partner to Offer F.CODE The First Biometric Card in Sweden

COURBEVOIE, France–(BUSINESS WIRE)–IDEMIA, the global leader in augmented identity, has signed a deal with Rocker, a blue-chip Swedish FinTech and bank challenger, to enhance contactless payment security. IDEMIA’s F.CODE biometric payment cards will undergo a proof of concept with Rocker customers during the first quarter of 2021. Throughout the pandemic, world demand for contactless payment […]

Exchange Bank Announces the Opening of New Branch in Sebastopol thumbnail

Exchange Bank Announces the Opening of New Branch in Sebastopol

SANTA ROSA, Calif.–(BUSINESS WIRE)–#401k–Exchange Bank (OTC:EXSR) quietly celebrated the opening of its new Sebastopol branch at 840 Gravenstein Hwy. N. on October 20, 2020, foregoing the customary fanfare and ribbon-cutting ceremony due to safety restrictions of COVID-19. Exchange Bank opened its first Sebastopol branch at 720 Gravenstein Hwy, N. in December of 1995 and has […]

CoreLogic Joins Snowflake Data Marketplace to Provide Further Access to Unrivaled Property Data thumbnail

CoreLogic Joins Snowflake Data Marketplace to Provide Further Access to Unrivaled Property Data

PropTech, FinTech and retail markets now can take advantage of CoreLogic’s gold-standard data IRVINE, Calif.–(BUSINESS WIRE)–#Foreclosure–CoreLogic® (NYSE: CLGX), a leading global property data and analytics-driven solutions provider, today announced it has joined Snowflake’s Data Cloud to offer even more ways for customers to access its full scale of enriched property data assets. CoreLogic is leveraging […]

Dwolla Announces Drop-In Components to Shortcut Integrating a Payment API thumbnail

Dwolla Announces Drop-In Components to Shortcut Integrating a Payment API

New low-code features alleviate the technical overhead of a payments integration DES MOINES, Iowa–(BUSINESS WIRE)–Dwolla, a leading payments infrastructure platform, today releases Drop-in Components, a low-code offering designed to save customers weeks worth of development time on their payment integration. Each component was built to meet requirements for entering production, allowing organizations to significantly shorten […]

Kovrr Successfully Completes SOC 2 Type II Certification thumbnail

Kovrr Successfully Completes SOC 2 Type II Certification

Completion highlights company’s commitment to advanced security and process standards. TEL AVIV, Israel–(BUSINESS WIRE)–#cyber–Kovrr, a cyber risk modeling company, announced today that they have successfully completed their Service Organization Control (SOC) 2 Type II certification. This certification validates that Kovrr’s security practices meet the American Institute of Certified Public Accountants (AICPA) Trust Principles and Criteria […]

Harland Clarke, Constellation Advance Digital Connectivity for Credit Unions thumbnail

Harland Clarke, Constellation Advance Digital Connectivity for Credit Unions

Alliance is Catalyst Along Digital Roadmap, Delivering Frictionless User Experience SAN ANTONIO–(BUSINESS WIRE)–#creditunions—Harland Clarke, a Vericast business and leading provider of customer experience solutions, enters into a strategic alliance with Constellation Digital Partners, a platform enabling credit union and fintech collaboration, further enhancing the digital experience for members. The Constellation Digital Platform is the first […]

CyberLink’s FaceMe® AI Facial Recognition Engine Ranks as a Top Ten Vendor in Latest NIST Leaderboard thumbnail

CyberLink’s FaceMe® AI Facial Recognition Engine Ranks as a Top Ten Vendor in Latest NIST Leaderboard

TAIPEI, Taiwan–(BUSINESS WIRE)–#CyberLink—CyberLink Corp. (5203.TW), a pioneer in AI and facial recognition technologies, announced it has ranked as a global top ten vendor in the latest Facial Recognition Vendor Test (FRVT) with its FaceMe® AI facial recognition engine. The test is the leading authority on facial recognition precision and is the most rigorous evaluation for […]

Talkdesk Research Reveals Two-Thirds of Financial Services and Insurance Customers Say One Bad Experience Dilutes Brand Loyalty thumbnail

Talkdesk Research Reveals Two-Thirds of Financial Services and Insurance Customers Say One Bad Experience Dilutes Brand Loyalty

Seven of 10 customers are more loyal to financial services and insurance companies that are actively investing in customer experience The financial services and insurance industry is at an inflection point with CX as clients expect easy, smooth interactions that make them feel known and valued Over 50 percent of CX professionals in financial services […]

Weaveworks Raises $36 Million from AWS, Deutsche Telekom, Ericsson, Orange Ventures and SonaeIM to Accelerate Adoption of Kubernetes and Cloud Native Technologies in Enterprises and Telecoms thumbnail

Weaveworks Raises $36 Million from AWS, Deutsche Telekom, Ericsson, Orange Ventures and SonaeIM to Accelerate Adoption of Kubernetes and Cloud Native Technologies in Enterprises and Telecoms

Strategic investment from AWS and leading telecoms companies signals significant global market opportunity Fresh investment will fuel further product innovation and market expansion in line with demand LONDON & SAN FRANCISCO–(BUSINESS WIRE)–#Edge–GitOps creator Weaveworks, Inc., today announced a $36.65 million Series C funding round led by some of the world’s leading public cloud and telecommunications […]

Digital Capital Raise on Netcapital Platform Sells Out in Less Than 24 Hours thumbnail

Digital Capital Raise on Netcapital Platform Sells Out in Less Than 24 Hours

Overwhelming Investor Interest in MAGFAST® Breaks Record at Netcapital Popular Offering Draws Thousands of New Investors to netcapital.com High Volume Demonstrates Scalability of Netcapital’s Digital Platform and Brand Strength BOSTON–(BUSINESS WIRE)–$NCPL #DemocratizingAccessToCapital—Netcapital Inc. (OTC: NCPL), a fintech company dedicated to democratizing private capital markets and empowering entrepreneurs to succeed, announced that a digital capital raise […]

IMM Adds 125 New Banks to Date in 2020, Pandemic Fuels Surge in eSignature Adoption thumbnail

IMM Adds 125 New Banks to Date in 2020, Pandemic Fuels Surge in eSignature Adoption

Banks meet increasing demand for remote digital experiences; eSignatures now viewed as necessity RAHWAY, N.J.–(BUSINESS WIRE)–IMM, the only eSignature provider that specializes in eSignature and digital transaction solutions exclusively for financial institutions, today announced that so far in 2020 more than 125 banks have adopted IMM eSign, the company’s premier eSignature platform, to provide customers […]

Tavant Launches Banktech Practice With Existing AI/ML Technology for Transformative Experiences thumbnail

Tavant Launches Banktech Practice With Existing AI/ML Technology for Transformative Experiences

— Leading Silicon-Valley technology provider taps Vaibhav Sharma to lead expansion; appoints Michael Livi and Debarchana Roy to the team — SANTA CLARA, Calif.–(BUSINESS WIRE)–#banktech–At American Banker’s Digital Banking 2020 conference, Tavant announced its expansion to new business lines with the launch of its Banktech practice. The Silicon Valley-based provider of AI-powered digital technologies appointed […]

Nordea Selects Sprinklr to Help Transform Banking Experiences Across Digital Channels thumbnail

Nordea Selects Sprinklr to Help Transform Banking Experiences Across Digital Channels

The largest financial group in Northern Europe uses Sprinklr’s CXM platform to unify customer support, engagement, advertising, and research NEW YORK–(BUSINESS WIRE)–#CLOUD—Sprinklr, the Customer Experience Management (CXM) platform for modern enterprises, today announced that Nordea, the largest financial services group in Northern Europe, is expanding its use of Sprinklr to deliver digital, personalized banking experiences. […]

Moody’s Analytics Wins Best AI Technology Initiative for QUIQspread™ thumbnail

Moody’s Analytics Wins Best AI Technology Initiative for QUIQspread™

NEW YORK–(BUSINESS WIRE)–Moody’s Analytics has won Best AI Technology Initiative at the 2020 American Financial Technology Awards. We earned this award for our QUIQspread™ solution, which helps financial institutions automate the spreading of financial statements. Every bank has its own unique lending criteria. But all banks start the loan origination review process by gathering and […]

ACAMS Partners with FINTRAIL to Launch New AML Compliance Certification Program for FinTech Firms

ACAMS Partners with FINTRAIL to Launch New AML Compliance Certification Program for FinTech Firms

CAFCA establishes a baseline industry standard for FinTechs facing evolving regulatory obligations CHICAGO–(BUSINESS WIRE)–#ACAMS–In response to the rapidly growing nexus between financial technology and the anti-money laundering (AML) sector, ACAMS has launched a new certification program for FinTech companies seeking to meet regulatory standards in an evolving market environment. Developed in partnership with specialist consultancy […]

Sokin to use IDEMIA’s recycled plastic payment cards for all international markets thumbnail

Sokin to use IDEMIA’s recycled plastic payment cards for all international markets

LONDON–(BUSINESS WIRE)–Sokin is set to be one of the first new-generation financial institutions to issue recycled plastic payment cards in over 200 countries. Backed by IDEMIA, the global leader in Augmented Identity, and thanks to IDEMIA’s eco-friendly offer, GREENPAY, Sokin will be able to slash plastic waste and reduce carbon emissions. GREENPAY reflects IDEMIA’s determination […]

Rapid Shift to Digital Banking During COVID-19 Accelerating Erosion in Consumer Trust, Accenture Report Finds thumbnail

Rapid Shift to Digital Banking During COVID-19 Accelerating Erosion in Consumer Trust, Accenture Report Finds

Banks must earn consumer trust if they hope to provide lucrative advisory services as a cornerstone of their growth strategies NEW YORK & LONDON & HONG KONG–(BUSINESS WIRE)–The replacement of in-person branch interactions with impersonal digital transactions through online and mobile channels during the COVID-19 pandemic has accelerated the ongoing erosion of consumer trust in […]

Skin Oncology Firm MedC Biopharma Launches Private Placement Offering on DealSquare thumbnail

Skin Oncology Firm MedC Biopharma Launches Private Placement Offering on DealSquare

Clinical-stage company is focused on innovation in skin health worldwide TORONTO–(BUSINESS WIRE)–$MEDCB #dealmaker—MedC Biopharma Corporation (“MedC”), a science-driven company that develops, produces and delivers innovative skin oncology medication worldwide, has announced the launch of its $3 million private placement offering using the DealSquare platform, powered by NEO and DealMaker technology. A clinical-stage biopharmaceutical company, MedC […]

Sea Selected for the Award of Digital Full Bank License in Singapore

Sea Selected for the Award of Digital Full Bank License in Singapore

Digital bank initiative will build on Sea’s long-standing commitment to supporting the development of the digital economy in its home market, as well as Singapore’s role as a global hub for technology and financial services. Emphasis on addressing the unmet financial services needs of young consumers and SMEs will empower more Singaporeans to thrive in […]

Free Yourself From Noise and Enjoy THX® Certified Audio With the Razer Hammerhead True Wireless Pro Earbuds thumbnail

Free Yourself From Noise and Enjoy THX® Certified Audio With the Razer Hammerhead True Wireless Pro Earbuds

Razer’s new THX® Certified Wireless Earbuds with Advanced Hybrid Active Noise Cancellation deliver low latency audio and customizable fit for immersive sound and gaming advantage IRVINE, Calif.–(BUSINESS WIRE)–#anc–Razer™, the leading global lifestyle brand for gamers, today announced the Razer Hammerhead True Wireless Pro earbuds, featuring both THX® Certified audio for high-fidelity sound and advanced hybrid […]

Ignatica, DouBao & EasiTech Ink Deal to Digitise APAC Insurance Sector thumbnail

Ignatica, DouBao & EasiTech Ink Deal to Digitise APAC Insurance Sector

New platform will speed innovation and new product development in APAC region HONG KONG–(BUSINESS WIRE)–#digitaltransformation–Ignatica, DauBao and EasiTech said Friday they’re joining forces to create a new platform that will tap the full potential of the Asia-Pacific region’s burgeoning insurance sector. The three said they’ll integrate the DouBao Digital Cloud, EasiTech Mobile Application and the […]

Fiserv Selected to Further Bank of Queensland’s Digital Strategy thumbnail

Fiserv Selected to Further Bank of Queensland’s Digital Strategy

Fintech will enable debit card program for Bank of Queensland and Virgin Money Australia BRISBANE, Queensland–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, has been selected by the Bank of Queensland (BOQ) Group to deliver a card issuing and management solution that can support multiple brands and […]

Affirm to Acquire PayBright, One of Canada’s Leading Buy-Now-Pay-Later Providers, for CAD $340 Million thumbnail

Affirm to Acquire PayBright, One of Canada’s Leading Buy-Now-Pay-Later Providers, for CAD $340 Million

Transaction Enables Affirm, a Leading U.S.-based Pay-Over-Time Platform, to Expand Presence in Canada and Serve Even More Merchants and Consumers SAN FRANCISCO–(BUSINESS WIRE)–Affirm, a more flexible and transparent alternative to credit cards, today announced it has entered into a definitive agreement to acquire PayBright, one of Canada’s leading buy-now-pay-later providers. Under the terms of the […]

Indigo Adds to Leadership Team to Accelerate Movement Toward a More Beneficial Agriculture System

Indigo Adds to Leadership Team to Accelerate Movement Toward a More Beneficial Agriculture System

The company appoints former Chief Technology Officer of GrubHub Maria Belousova as Chief Digital Officer and Elizabeth Graham as Chief Operating Officer. Belousova and Graham will further refine and open access to Indigo’s data-driven crop production and marketing platform. Building upon the expertise of Indigo’s C-Suite with backgrounds driving value for multiple stakeholders, the new […]

Institutional Investors Worldwide Use DiligenceExpress to Monitor $45 Trillion of Assets Under Management – Free of Charge thumbnail

Institutional Investors Worldwide Use DiligenceExpress to Monitor $45 Trillion of Assets Under Management – Free of Charge

MONTREAL–(BUSINESS WIRE)–#adv–Castle Hall, the Due Diligence Company, today provided an update on the firm’s DiligenceExpress due diligence monitoring tool. Institutional investors worldwide now use DiligenceExpress to monitor asset managers with total regulatory assets under management of $45 trillion – completely free of charge. The platform contains information on more than 20,000 asset managers and more […]

Andersen Global Enters Georgian Market; Adds MG Law Office

Andersen Global Enters Georgian Market; Adds MG Law Office

SAN FRANCISCO–(BUSINESS WIRE)–#agexpansion–Andersen Global enters the Georgian market through a Collaboration Agreement with Tbilisi-based law firm MG Law Office, further expanding the organization’s coverage in the region. MG Law, ranked Tier 1 by Legal 500, provides legal services to local and foreign companies, financial institutions, investment funds, governments and public enterprises. Led by its Founder […]

New collision data from Zendrive reveals the growing impact of phone distraction on U.S. drivers

New collision data from Zendrive reveals the growing impact of phone distraction on U.S. drivers

Risky driving and collisions continue to rise throughout 2020 SAN FRANCISCO, Dec. 03, 2020 (GLOBE NEWSWIRE) — Driving analytics company Zendrive today released a new, visual data report that analyzes driving behavior in the wake of the Covid-19 pandemic. Additionally, with a sample dataset of verified collision incidents from 2018 through 2020, the report reveals […]

Netcapital Inc. to Commence Trading as NCPL and Achieves Penny Stock Exempt Status thumbnail

Netcapital Inc. to Commence Trading as NCPL and Achieves Penny Stock Exempt Status

Lifting Penny Stock Restrictions Simplifies Investing for New Participants. Penny Stock Exempt Status Increases Attractiveness to Potential New Netcapital Inc. Investors. Netcapital Inc. to Trade Under the Ticker NCPL Effective 12/4/2020, as Previously Announced. BOSTON–(BUSINESS WIRE)–$NCPL #DemocratizingAccessToCapital—Netcapital Inc. (OTC: NCPL), a fintech company dedicated to democratizing private capital markets and empowering entrepreneurs to succeed, announced […]

Banks and Retailers Urged to Update Fraud Prevention Tools to Protect Consumers and Stop Surging Identity Theft and Fraud thumbnail

Banks and Retailers Urged to Update Fraud Prevention Tools to Protect Consumers and Stop Surging Identity Theft and Fraud

MELVILLE, N.Y.–(BUSINESS WIRE)–#banking–With the holiday shopping season in high gear and COVID-19 cases continuing to skyrocket, identity theft and fraud is occurring at a record pace. According to the FBI, reported cybercrimes alone have risen 300% since the beginning of the pandemic. Fraudsters are using the abundance of stolen personal identifiable information to take over […]

CAIS Announces New Integration with Orion for Seamless Transaction Reporting thumbnail

CAIS Announces New Integration with Orion for Seamless Transaction Reporting

CAIS continues to connect the wealth management ecosystem, making it easier for independent financial advisors to access alternative investments. NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform, today announced an integration with Orion Advisor Solutions, architect of the tech-enabled fiduciary process that empowers the advisor-client journey by enabling advisors to Prospect, Plan, Invest, and Achieve […]

SellersFunding Announces Global Expansion of Industry-Leading eCommerce Financial Services Platform Into EU, UK, CA thumbnail

SellersFunding Announces Global Expansion of Industry-Leading eCommerce Financial Services Platform Into EU, UK, CA

NEW YORK–(BUSINESS WIRE)–#AmazonSeller–SellersFunding, the first-to-market provider of a turn-key integrated financial services solution for sellers on Amazon, Shopify, Magento and other marketplace and eCommerce platforms, today announced their global expansion to online sellers in Canada, the United Kingdom, and the European Union. By combining access to working capital, daily advances and global cross-border payment features, […]

Tellimer Brings Structure to Big Data With Pioneering AI Extraction Tool, Parsel

Tellimer Brings Structure to Big Data With Pioneering AI Extraction Tool, Parsel

LONDON–(BUSINESS WIRE)–Tellimer Group (Tellimer), the London-headquartered financial technology, data and information provider, has today launched its proprietary data extraction and structuring tool, Parsel. As big data collection and management continues to inundate and challenge businesses around the world, the need to efficiently recover information from large, unstructured datasets is paramount. Using advanced AI algorithms and […]

PAYMENT SOLUTION FROM WESTPAY AT LEADING HOME ELECTRONIC RETAIL CHAIN.

PAYMENT SOLUTION FROM WESTPAY AT LEADING HOME ELECTRONIC RETAIL CHAIN.

The independent ELON reseller Belab, has contracted Westpay AB for the supply of a new payment solution to all its stores. The payment solution builds on Westpay’s Carbon product range and will be installed during Q4 2020. –Belab, as an Elon reseller, wants to expand the overall simplicity and flexibility included in the customer experience. […]

Wintrust Selects NCR Digital First Banking Platform thumbnail

Wintrust Selects NCR Digital First Banking Platform

ATLANTA–(BUSINESS WIRE)–NCR Corporation (NYSE: NCR), a global enterprise technology provider for the financial industry, today announced that Wintrust Financial Corporation (Nasdaq: WTFC), a $43 billion bank holding company with 15 branded community bank subsidiaries, selected NCR to provide its Digital First Banking platform, including its Channel Services Platform (CSP) and NCR D3 Digital Banking solutions, […]

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