Techwire


Secure Technology Alliance Announces 2020 Honor Roll, Recognizes Members for Outstanding Contributions

PRINCETON JUNCTION, N.J., Nov. 25, 2020 (GLOBE NEWSWIRE) — The Secure Technology Alliance announced its 2020 Honor Roll members today, recognizing the top individual and member company contributors to Alliance activities and projects this year. “We are grateful to each of our members for the time and effort they put into advancing the Secure Technology […]

AM BestTV Presents ‘The Entrepreneurial Agent/Broker’

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best’s cross-media project, “The Entrepreneurial Agent/Broker,” is now available to view on AM BestTV. The December issue of Best’s Review will take an in-depth look at the four-part series in which top industry leaders discuss how tomorrow’s insurance coverages, business models and risk strategies get their start, often in the field crafted […]

After Being Granted 2 Additional Money Transmitter Licenses, Gold Payment App CORO Can Now Operate in 19 U.S. States and District of Columbia

MIAMI–(BUSINESS WIRE)–Coro Global Inc.’s (OTCQB: CGLO) gold payment app CORO can now operate in 19 U.S. states and District of Columbia, after the subsidiary Coro Corp. was granted Money Transmitter licenses in New Hampshire and Oklahoma, as it aims to democratize access to gold in the United States and beyond. CORO is a mobile payment […]

Innovative FinTech Startup Powers Mobile Engagement for Emerging Markets with 8×8

OKO Leverages 8×8 Chat Apps API to Support Farming Communities Across Africa LONDON–(BUSINESS WIRE)–#APIs—8×8, Inc. (NYSE: EGHT), a leading integrated cloud communications platform provider, today announced that OKO, a provider of index insurance and other farming-related services to smallholder farmers in emerging countries, has selected 8×8 to transform communications with farmers across Africa, dramatically improving […]

Zywave Acquires InsurTech FrontRunner ITC, Becomes Only Provider to Offer Front-Office Solutions for Independent Insurance Agencies Across All Lines of Business

The new partnership enables Zywave to deliver its market-leading operations, sales and marketing solutions to agencies selling employee benefits, commercial or personal lines of coverage MILWAUKEE, Nov. 24, 2020 (GLOBE NEWSWIRE) — Insurance technology provider, Zywave, today announced the acquisition of Insurance Technologies Corporation (ITC), a leading provider of marketing, rating, and management software and […]

Bitcoin Latinum Launches To be World’s Largest Insured Cryptocurrency with Backing From Titans of Industry

PALO ALTO, Calif.–(BUSINESS WIRE)–#banking–Bitcoin Latinum, the next-generation Bitcoin fork capable of massive transaction volume, digital asset management, cyber security, and capacity is announcing its official pre-sale launch. Bitcoin Latinum will trade under the symbol LTNM with a total supply of 888,888,888 LTNM [verifiable by LTNM]. Bitcoin Latinum is now available for pre-sale on bitcoinlatinum.com and […]

Pacific Premier Bank and Los Angeles Chargers Renew Partnership, Launch Bolts Community Crew

IRVINE, Calif.–(BUSINESS WIRE)–$PPBI #PPBI–Pacific Premier Bancorp, Inc. (NASDAQ: PPBI), the holding company of Pacific Premier Bank (the “Bank”), announced today a multi-year partnership renewal with the National Football League’s Los Angeles Chargers. As part of the extended partnership, the organizations will continue their joint efforts in promoting social change and giving back to their local […]

1-In-3 Consumers Plan to Spend Less This Upcoming Holiday Season

COVID-19 pushes consumers more toward online shopping and contactless payments RIVERWOODS, Ill.–(BUSINESS WIRE)–The COVID-19 pandemic has affected the lives of millions, and its impact will trickle into how much, and where, consumers plan to spend this holiday season, according to Discover’s annual Holiday Shopping survey. The number of consumers who plan to curb spending almost […]

XacBank Mongolia Selects Infosys Finacle to Power Its Digital Transformation

BENGALURU, India & ULAANBAATAR, Mongolia–(BUSINESS WIRE)–#EdgeVerve—XacBank, a leading universal bank in Mongolia, and Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NYSE: INFY), today announced the selection of Finacle’s core banking, treasury, and corporate banking solution suites to power XacBank’s digital transformation. The Finacle solution suite will enable the bank to drive […]

Entersekt and Cellulant Partner to Deliver Safer Mobile Banking Solutions

Pan-African fintech giant already working on deployments with institutional customers CAPE TOWN, South Africa–(BUSINESS WIRE)–#fintech–Entersekt, a leader in device identity and omnichannel authentication, has announced a partnership with Cellulant, Africa’s leading financial technology company. The partnership will further enhance Cellulant’s cybersecurity by proactively securing its digital banking channels and guarding against digital banking and payment […]

Five Star Bank Helping to Create the Future of Banking

Five Star joins national innovation consortium WARSAW, N.Y., Nov. 23, 2020 (GLOBE NEWSWIRE) — Five Star Bank (the “Bank”), subsidiary of Financial Institutions, Inc. (NASDAQ:FISI), announced today that it has joined a consortium of community and mid-sized banks to more effectively and efficiently adopt technology. The goal of the consortium is to quicken the pace […]

Merchant Opportunities Fund Closes $27.5 Million BMO Credit Facility

VANCOUVER, British Columbia–(BUSINESS WIRE)–The Merchant Opportunities Fund, a Vancouver-based diversified credit opportunities fund focused on prudently compounding capital over the long-term, today announced that it has closed a revolving debt facility with the Bank of Montreal (“BMO”). The facility consists of a $15 million funding commitment with a two-year term along with a $12.5 million […]

Expensify Surpasses $100 Million in Annual Recurring Revenue

Expensify, the financial app with more than 10 million users worldwide, reveals record growth heading into 2021 SAN FRANCISCO–(BUSINESS WIRE)–#ARR—Expensify, the most widely used expense software in the world, announced today it will surpass $100 million in annual recurring revenue in 2020. The company, which has maintained profitability for years and only raised $20.2 million […]

Unitus Community Credit Union Selects Payrailz to Deliver on Digital Payment Vision, Invests in Payrailz CUSO CU Railz®

GLASTONBURY, Conn.–(BUSINESS WIRE)–Payrailz®, a digital payments company offering smarter, more engaging payment experiences to banks and credit unions across the United States, announced that Unitus Community Credit Union is a new investor in CU Railz and will initially implement Payrailz’ smart payments platform for P2P payments in order to offer a more engaging digital payment […]

Dot Investing Launches Digital Platform Allowing Individuals to Access Investment Opportunities Usually Reserved for Institutions

LONDON–(BUSINESS WIRE)–#alternativeassets—Dot Investing, a fintech startup, has launched an online investment platform that allows individual investors to invest in top private and alternative asset funds, including private equity, VC and hedge funds. Users are able to invest from £100,000 into opportunities that historically had far greater minimum investment requirements. The team behind the FCA-regulated startup […]

Paiblock Inc. Chosen as a 2020 Red Herring Top 100 North America Winner

NEW YORK–(BUSINESS WIRE)–#AI–Paiblock Inc., a Leading FinTech Company announced today that the company was selected by Red Herring as a winner of its Top 100 North America 2020 Awards, recognizing the continent’s most exciting and innovative private technology companies. The winners have been chosen from thousands of entrants, whittled down to hundreds presenting their companies […]

RIDDLE&CODE and Coinfirm Join Forces to Ensure Regulatory Compliance with New AML Services

VIENNA–(BUSINESS WIRE)–RIDDLE&CODE, the leading European blockchain interface company has engaged RegTech provider Coinfirm to leverage the most comprehensive AML compliance solution for digital asset management. RIDDLE&CODE builds and maintains the digital asset infrastructure for banks, cryptocurrency exchanges and funds. Coinfirm will strengthen RIDDLE&CODE’s compliance with AML checks – utilizing the RegTech’s expansive coverage of blockchain […]

ACI Worldwide to Accelerate Fraud Prevention via the Public Cloud

ACI’s award-winning fraud management solution is now available as a fully certified private offering via Microsoft Azure’s Marketplace NAPLES, Fla.–(BUSINESS WIRE)–#ACI–ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment and software solutions, today announced that its ACI Fraud Management solution is now available as a fully certified private offering via the Microsoft […]

Western Union Advances Its Digital Growth Strategy With Investment in stc pay

DENVER–(BUSINESS WIRE)–The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today announced that the Company has entered into a definitive agreement to acquire a minority stake in fast growing Saudi Digital Payments Company, or stc pay, a fully owned subsidiary of Saudi Telecom Company. According to the terms […]

OKEx to resume withdrawals after the temporary suspension

VALLETTA, Malta, Nov. 20, 2020 (GLOBE NEWSWIRE) — OKEx (www.okex.com), a world-leading cryptocurrency spot and derivatives exchange, is pleased to announce that withdrawal services of all digital assets will be resumed on or before Nov. 27. As a security measure to safeguard users’ funds, withdrawals from the exchange were temporarily suspended on Oct. 16, with […]

BlackRock Florida Municipal 2020 Term Trust & BlackRock Municipal 2020 Term Trust: Announcement of Adoption of Plan of Termination

NEW YORK–(BUSINESS WIRE)–BlackRock Advisors, LLC announced today that the Board of each of BlackRock Florida Municipal 2020 Term Trust (NYSE:BFO, CUSIP: 09250M109) and BlackRock Municipal 2020 Term Trust (NYSE:BKK, CUSIP: 09249X109) (each, a “Fund” and together, the “Funds”) approved the adoption of a Plan of Termination. Under each Fund’s Plan of Termination, which is effective […]

Temenos Recognized as a Market Leader in Omdia’s Digital Banking Platform Report

Omdia gives Temenos Infinity top scores for product experience and solution innovation SaaS-based Temenos Infinity named market-leading digital platform based on its combination of market impact, solution capabilities, and customer experience Based on the report, Temenos is one of the vendors with the strongest market presence – Temenos Infinity is now used by over 650 […]

Ignite Sales Partners With Digital Credence to Help Credit Unions Pivot to Digital Engagement for Member Growth and Increased Member Satisfaction

DALLAS–(BUSINESS WIRE)–#creditunion—Ignite Sales, Inc., the financial industry leader in customer and member engagement technology, announced today its partnership with Digital Credence, a leader in the financial services marketplace, providing consulting and best practices for implementing effective digital strategies for financial institutions. Partnering with Digital Credence will allow Ignite to build upon the focus to provide […]

Cardless and Cleveland Cavaliers Team Up to Launch First of Its Kind Co-Branded Credit Card

The Cleveland Cavaliers Credit Card by Cardless provides fans with rewards for every purchase including unique fan experiences, exclusive merchandise and ticket offers CLEVELAND & SAN FRANCISCO–(BUSINESS WIRE)–Cardless Inc (“Cardless”), a consumer credit card financial technology firm that helps brands launch and run custom co-branded credit card products, and the Cleveland Cavaliers today announced a […]

QED Investors Expands into India Market with New Hire to Lead Southeast Asian Investments

QED also bolsters team with two additions focused on U.S. investments & Belay ALEXANDRIA, Va.–(BUSINESS WIRE)–QED Investors, a leading boutique venture capital firm focused on investing in early-stage, disruptive financial services companies, announced that it has entered the Indian and Southeast Asian market, hiring Sandeep Patil to lead its investments within the region. With the […]

Ushur Taps Insurance Industry Veterans for Leadership Team

Seasoned pros expand executive ranks and deepen insurance expertise SANTA CLARA, Calif., Nov. 19, 2020 (GLOBE NEWSWIRE) — Ushur, the no-code platform for customer engagement, today announced that Meredith Barnes-Cook and Janeen Blanton have joined as Head of Global Insurance and Director of Customer Success, respectively. Barnes-Cook and Blanton will help Ushur meet insurers’ growing […]

Former San Antonio Assistant Chief of Police Joins GreenKey as a Strategic Advisor

CHICAGO–(BUSINESS WIRE)–#AI–GreenKey (GK), the creator of the only Body Camera Audio Transcription & Analysis platform, today announced retired San Antonio Assistant Chief of Police Anthony Trevino will come onboard as a strategic advisor. Police are under more scrutiny than ever, and with Trevino’s added counsel, GreenKey’s data-based approach will improve officer training and accountability. GK […]

Rent-A-Center Unveils New Digital Platform to Accelerate Growth as the Lease-to-Own Landscape Evolves

Preferred Dynamix launches innovation partner program to pilot digital platform with seven national retailers Preferred Digital and Preferred Marketplace will enable over 60 Million Americans to shop a wider array of retailers and brands, where and how they want PLANO, Texas–(BUSINESS WIRE)–Rent-A-Center, Inc. (the “Company” or “Rent-A-Center”) (NASDAQ/NGS: RCII) has begun an exciting new chapter […]

Cambridge Global Payments Launches Its Latest Open API Platform

Updated platform will enhance the developer experience and increase usability of objects TORONTO–(BUSINESS WIRE)–Cambridge Global Payments (“Cambridge”), a FLEETCOR company (NYSE: FLT) and a provider of integrated cross-border payments and currency risk management solutions, is pleased to announce it is launching an enhanced version of the Application Programming Interface (API) platform that will open it […]

Returnly Launches In-Store Returns, Helping Ease Customer and Merchant Losses Exacerbated by COVID-19

New Solution Enables Safe, Contactless Drop-Offs Ahead of Peak Holiday Return Season SAN FRANCISCO–(BUSINESS WIRE)–Returnly, the leader in digital return experiences and post purchase payments, today announced the release of In-Store Returns, a new solution that enables retailers and brands to offer safe, convenient online return drop-offs at brick-and-mortar locations. Shoppers can quickly return online […]

Green Dot to Collaborate with Google Pay to Offer Plex Accounts

PASADENA, Calif.–(BUSINESS WIRE)–#BaaS–Green Dot Corp. (NYSE: GDOT), a financial technology and registered bank holding company, today announced plans to work with Google Pay to offer Plex Accounts to customers: a safe, simple and helpful new option for transacting and managing their money. “We are excited to integrate Green Dot’s safe and seamless financial tools into […]

Citi Selects Mastercard as Network Partner for the Citi Plex Account by Google Pay

The Citi Plex Account Will Focus on Simpler, Smarter, Secure Money Management NEW YORK–(BUSINESS WIRE)–Today, Citi announced it has selected Mastercard as its network partner for the Citi Plex Account on Google Pay, a new digital checking and savings account built with financial wellness and mobile functionality at the core of the design to make […]

Seoul Fintech Lab Supports Korean Fintech Startups to Move Into Europe

To Organize Online Meet-up with Luxembourg Investors and Financial Industry Experts SEOUL, South Korea–(BUSINESS WIRE)–#10XExtensionInLuxembourg—Seoul Fintech Lab, launched by the Seoul Metropolitan Government in an effort to make the city one of the world’s financial centers, will hold an online meet-up 10X Extension in Luxembourg on November 26 for networking and investor relations sessions between […]

Marqeta Continues European Growth, Signing Three New Digital Banking Customers

Marqeta is supporting the development and launch of three new digital banks across the UK and Europe LONDON–(BUSINESS WIRE)–Marqeta, the global modern card issuing platform, announced today that it has won three new digital banking clients in the UK and Europe, with all expected to go live with Marqeta in 2021. Its European Digital Banking […]

USA Technologies Announces Rebrand to Cantaloupe

New Name Better Aligns with Company’s New Vision, Mission and Values MALVERN, Pa.–(BUSINESS WIRE)–$USAT #Cantaloupe—USA Technologies, Inc. (OTC: USAT) (“USAT”), a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market, today announced that it will transition its corporate identity to exclusively operate under the name Cantaloupe, Inc. The […]

Shield Compliance Selected by Salal Credit Union as Cannabis Banking Technology Partner

Automating compliance with Shield’s technology platform will allow Salal to scale its program to meet the growing demand for cannabis banking services. SEATTLE–(BUSINESS WIRE)–#CannaBanking–Shield Compliance (https://www.shieldbanking.com/), a comprehensive compliance management platform for banking legal cannabis-related businesses (CRBs), announced a partnership with Seattle-based cannabis banking leader Salal Credit Union. Under the terms of the agreement, Salal […]

Cardless Launches Co-Branded Credit Card Platform

Growing consumer credit card financial technology firm raises over $10M in capital Cardless platform allows brands of all sizes to engage their superfans through novel and innovative rewards programs SAN FRANCISCO–(BUSINESS WIRE)–Cardless, Inc. (“The Company”), a consumer credit card financial technology firm that helps brands launch and run custom co-branded credit card programs, today announced […]

Guidewire Integration with Betterview Provides Insurers with Access to Superior Property Data and Visual Analytics

Upgraded integration with Betterview, a Silver Sponsor for Guidewire Connections Reimagined, will allow P&C underwriters to access and act on Betterview’s property data and aerial imagery directly in the latest versions of Guidewire PolicyCenter SAN FRANCISCO–(BUSINESS WIRE)–Betterview, an insurtech startup which is quickly becoming the platform essential to every transaction around buildings and properties, today […]

Veem expands US product offering to simplify domestic business payments

Veem’s latest US product offering positions the firm to become go-to domestic payment option for businesses San Francisco, Nov. 18, 2020 (GLOBE NEWSWIRE) — Veem, a leading provider of online payment solutions for small-to-midsize businesses, today announced the launch of Veem Check. With this new product functionality, US-based users can now issue all of their […]

CyberGRX Exchange Brings Actionable Insights to Third-Party Cyber Risk Management Market

Validated data from nearly 90,000 organizations informs enterprise roadmap to secure vendor ecosystem DENVER–(BUSINESS WIRE)–CyberGRX, provider of the world’s first and largest global cyber risk exchange, today published their inaugural issue of CyberGRX Exchange Insights. The report, compiled by the CyberGRX Data and Analytics team, reveals trends and challenges organizations of all sizes face in […]