Techwire

Northern Trust Hedge Fund Services Launches Next-Generation Investor Portal thumbnail

Northern Trust Hedge Fund Services Launches Next-Generation Investor Portal

Digitized platform provides alternative asset managers and their investors with enriched investment data analysis capabilities. CHICAGO–(BUSINESS WIRE)–#Assets–Northern Trust (Nasdaq: NTRS) today announced the launch of its next-generation investor portal for alternative asset managers, offering an enhanced investor experience with updated data feeds, customized views and analysis. Increasingly, investors seek digitized investment data to move away […]

Emotomy® Deepens Integration with Schwab Advisor Center® thumbnail

Emotomy® Deepens Integration with Schwab Advisor Center®

Latest platform enhancement helps advisors improve efficiency, convenience CHICAGO–(BUSINESS WIRE)–Emotomy®, an institutional-caliber digital investment platform, can help advisors improve their daily efficiency with the seamless integration of Emotomy’s powerful portfolio construction tool and the Schwab Advisor Center® custodial platform. “This latest update from Emotomy offers a streamlined experience to users, and builds on Emotomy’s history […]

Mastercard Co-Innovates with 10 New Fintechs to Reshape the Future of Commerce with Ultrasonic Transactions, Borderless Money, Small Business Solutions and More thumbnail

Mastercard Co-Innovates with 10 New Fintechs to Reshape the Future of Commerce with Ultrasonic Transactions, Borderless Money, Small Business Solutions and More

Mastercard Start Path expands network of innovators to reimagine commerce PURCHASE, N.Y.–(BUSINESS WIRE)–Mastercard has welcomed 10 fintechs from around the world to participate in its award-winning startup engagement program, Start Path, to scale the future of commerce. From bridging the digital divide to addressing the needs of the underbanked and beyond, Mastercard is helping fintechs […]

Accenture Launches Project Spotlight, a New Approach to Venture Capital thumbnail

Accenture Launches Project Spotlight, a New Approach to Venture Capital

Accenture Ventures’ new immersive engagement and investment program seeks to address key business challenges of the Global 2000 by closing strategic innovation gaps NEW YORK–(BUSINESS WIRE)–Accenture (NYSE: ACN) has launched a new immersive engagement and investment program targeting emerging technology software startups to help fill strategic innovation gaps for the Global 2000. Called Project Spotlight, […]

Ebix Q3 Revenues Increase 39% Sequentially and 5% Year-Over-Year

Ebix Q3 Revenues Increase 39% Sequentially and 5% Year-Over-Year

• Q3 Operating Income of $31.9 million and EBITDA plus stock-based compensation of $36.5 million • Year-to-date operating cash flow of $71.8 million JOHNS CREEK, Ga., Nov. 09, 2020 (GLOBE NEWSWIRE) — Ebix, Inc. (NASDAQ: EBIX), today announced the following results for the quarter ended September 30, 2020: Diluted EPS (GAAP) of $0.80 and Non-GAAP diluted EPS […]

Mogo Announces Launch of Bitcoin Rewards Program

Mogo Announces Launch of Bitcoin Rewards Program

First-of-its-kind rewards program in Canada will be available exclusively to members through the Mogo app VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) (“Mogo” or the “Company”), one of Canada’s leading financial technology companies and one of the first to enable Canadians to easily buy and sell bitcoin, announced the launch of a bitcoin rewards program […]

Trust Stamp and DirectID Empower Consumers and Organisations through Secure, Trusted Open Banking Tools

Trust Stamp and DirectID Empower Consumers and Organisations through Secure, Trusted Open Banking Tools

Cheltenham, United Kingdom, Nov. 09, 2020 (GLOBE NEWSWIRE) — T Stamp Inc. trading as Trust Stamp, an AI-powered authentication company dual headquartered in Atlanta (US) and Cheltenham (UK), announces a partnership with DirectID, an open banking solutions provider that enables organisations to increase operational efficiency and overcome challenges presented by risk, compliance and fraud through […]

Juniper Research: Smart Home Payments Transaction Value to Exceed $164 Billion Globally by 2025; Driven by Voice Assistants thumbnail

Juniper Research: Smart Home Payments Transaction Value to Exceed $164 Billion Globally by 2025; Driven by Voice Assistants

BASINGSTOKE, England–(BUSINESS WIRE)–#connectedtvpayments–A new Juniper Research study has found that the total transaction value of smart home payments, payments that occur via smart home devices, will exceed $164 billion in 2025, from $22 billion in 2020. Increasing use of voice assistants via smart speakers for eCommerce, propelled by rising user and merchant acceptance, will drive […]

Figure Applies for National Bank Charter From the OCC thumbnail

Figure Applies for National Bank Charter From the OCC

National Bank Charter Will Enable Figure to Fulfill Promises of Efficiency, Affordability and Financial Inclusion SAN FRANCISCO–(BUSINESS WIRE)–Figure Technologies, Inc. (Figure™), a leader in transforming financial services through the power of blockchain technology, today announced it has applied for a national bank charter from the Office of the Controller of the Currency (OCC). “Figure is […]

Archer Named Best Outsourcing Provider

Archer Named Best Outsourcing Provider

— WatersTechnology 2020 Buy-Side Technology Awards — BERWYN, Pa., Nov. 06, 2020 (GLOBE NEWSWIRE) — WatersTechnology today announced that Archer®, the tech-enabled outsourcing services provider to the asset management industry, has been named Best Outsourcing Provider to the Buy Side in the 2020 WatersTechnology Buy-Side Technology Awards. The award recognizes the firm that provides valuable, […]

Mogo Announces that MogoSpend Now Supports Apple Pay, Google Pay and Samsung Pay thumbnail

Mogo Announces that MogoSpend Now Supports Apple Pay, Google Pay and Samsung Pay

Provides MogoSpend users with even more options for contactless mobile payments VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) (“Mogo” or “the Company”), one of Canada’s leading financial technology companies, today announced that its digital spending account, MogoSpend, which comes with a Mogo Visa* Platinum Prepaid Card, now supports Apple Pay®, Google Pay™ and Samsung Pay. […]

Gen II Gains Significant New Investment From Global Investors to Fuel Continued Long-Term Expansion

Gen II Gains Significant New Investment From Global Investors to Fuel Continued Long-Term Expansion

General Atlantic, Hg and IHS Markit aim to strengthen Gen II’s suite of solutions, supporting a growing customer base and generating further strategic growth NEW YORK & LONDON–(BUSINESS WIRE)–Gen II Fund Services, LLC (“Gen II”), a leading independent private equity fund administrator, announced today that it has secured a new strategic investment. General Atlantic (“GA”), […]

Seabury TFX Launches TrakFin to Accelerate Access to Earnings for App Store and Ad Community thumbnail

Seabury TFX Launches TrakFin to Accelerate Access to Earnings for App Store and Ad Community

Finance Program Enables Companies to Realize Revenues Faster to Focus on New Product Development and Business Growth HONG KONG–(BUSINESS WIRE)–#FintechHK–Seabury TFX (“STFX”), a specialist in trade finance solutions for supply chains and a company of Seabury Capital Group LLC, rolled out an all-new finance program, TrakFin (TrakFin.com), on the sidelines of the 2020 Hong Kong […]

LeaseLock Deploys Zero Deposit™ Software Platform to Automate Deposits Out of Leasing thumbnail

LeaseLock Deploys Zero Deposit™ Software Platform to Automate Deposits Out of Leasing

Leading multifamily operators leverage the insurtech platform to gain more than 6 times the coverage provided by deposits MARINA DEL REY, Calif.–(BUSINESS WIRE)–LeaseLock, the leading insurtech software platform that automates deposits out of leasing while providing enhanced lease insurance protection for multifamily operators, published analysis across its NMHC Top 50 multifamily clients that reveals dramatically […]

Reynolds and Reynolds Selects FIS as its Exclusive Integrated Payment Processing Provider thumbnail

Reynolds and Reynolds Selects FIS as its Exclusive Integrated Payment Processing Provider

Key facts FIS will be the exclusive payment processing provider for Reynolds and Reynolds. FIS will partner with and support Reynolds and Reynolds’ payment processing expansion plans across North America. JACKSONVILLE, Fla.–(BUSINESS WIRE)–Financial technology leader FIS® (NYSE: FIS) has been selected as the exclusive payments provider to The Reynolds and Reynolds Company, a leading provider […]

Origami Risk’s P/C Insurer Claims System Ranked a Strong Performer in New Report by Leading Independent Research Firm thumbnail

Origami Risk’s P/C Insurer Claims System Ranked a Strong Performer in New Report by Leading Independent Research Firm

CHICAGO–(BUSINESS WIRE)–#AI–Origami Risk, the industry-leading policy, claims and risk management Software as a Service (SaaS) technology firm, has been ranked among the “strong performers” for property/casualty insurer claims management systems in the first research report analyzing providers in this category by Forrester, a leading global research and advisory firm. Issued today, The Forrester Wave™: P&C […]

Razer Announces the Kaira Pro – The Ultimate Xbox and Cloud Gaming Headset thumbnail

Razer Announces the Kaira Pro – The Ultimate Xbox and Cloud Gaming Headset

The Kaira Pro Designed for Xbox brings Razer’s latest innovative audio technologies to Xbox Series X|S and Xbox Game Pass for amazing quality cross-platform, multi-device audio wherever and however you play IRVINE, Calif.–(BUSINESS WIRE)–#Razer–Razer™, the leading global lifestyle brand for gamers, today announced the Kaira Pro Designed for Xbox, a high-performance wireless gaming headset for […]

Performance Meets Productivity in the New Razer Book 13 thumbnail

Performance Meets Productivity in the New Razer Book 13

The most efficient laptop from Razer to date puts productivity at the forefront with 11th Gen Intel® Core™ processors with Intel® Evo™ platform verification, the world’s thinnest 13.4” display bezels, universal connectivity, and all-day battery IRVINE, Calif.–(BUSINESS WIRE)–#IntelCore–Razer™, the leading global lifestyle brand for gamers, today announced the all-new Razer Book 13, a new high-performing […]

CORRECTING and REPLACING USAT Announces Upgrade Program for 2G and 3G Devices thumbnail

CORRECTING and REPLACING USAT Announces Upgrade Program for 2G and 3G Devices

Platform as a Service Offers the Leading Solution for Best Return on Investment Operators Now Have the Choice to Include EMV As Part of Upgrade MALVERN, Pa.–(BUSINESS WIRE)–$USAT #2G–First subhead of release should read: Platform as a Service Offers the Leading Solution for Best Return on Investment Also, third paragraph, first sentence should read: “It’s a […]

ClientPay Commemorates 10-Year Partnership with Thomson Reuters Elite thumbnail

ClientPay Commemorates 10-Year Partnership with Thomson Reuters Elite

Long-standing collaboration based on shared commitment to applying innovative technology to improve law firm profitability and productivity ST PAUL, Minn.–(BUSINESS WIRE)–ClientPay (clientpay.com), an award-wining digital payment acceptance solution for legal and professional services firms, is marking a decade-long partnership with Elite, part of the Legal Professionals division of Thomson Reuters, which focuses on applying innovative […]

MeridianLink Announces the Acquisition of Teledata Communications, Inc. to Launch New Era of Loan Origination Solution Technology thumbnail

MeridianLink Announces the Acquisition of Teledata Communications, Inc. to Launch New Era of Loan Origination Solution Technology

The acquisition brings together two FinTech industry leaders to further innovate loan origination solution technology for financial institutions nationwide. We’re excited to officially announce MeridianLink has acquired Teledata Communications, Inc. (TCI). Welcome to the Team! The acquisition brings together two FinTech industry leaders to further innovate loan origination solution (LOS) technology for financial institutions nationwide. […]

EML FINLAB Announces Strategic Investment in Hydrogen thumbnail

EML FINLAB Announces Strategic Investment in Hydrogen

EML’s new FINLAB incubator has invested in Hydrogen, a global embedded finance platform. BRISBANE, Australia–(BUSINESS WIRE)–#FinTech—EML PAYMENTS LIMITED (ASX: EML) (‘EML’) has made an initial investment via its FINLAB hub in innovative embedded finance and international payments platform The Hydrogen Technology Corporation (“Hydrogen”). The partnership will see the EML and Hydrogen platforms seamlessly integrate to […]

Indian Digital Payments Landscape Analysis 2020, Featuring Case Studies of Paytm, PhonePe, Google Pay and Pinelabs

Indian Digital Payments Landscape Analysis 2020, Featuring Case Studies of Paytm, PhonePe, Google Pay and Pinelabs

Dublin, Nov. 04, 2020 (GLOBE NEWSWIRE) — The “Indian Mobile Payments: 5X Growth by 2025” report has been added to ResearchAndMarkets.com’s offering. This report explores the potential 800 million Indian mobile payment consumers market. The Indian Digital payments industry currently stands at INR 2,153 Tn (~961% of GDP) and will grow at 27% CAGR to […]

Southeastern Credit Union Proves it is Possible to Grow Loans Despite Anemic Macro Trends with the Help of Kasasa thumbnail

Southeastern Credit Union Proves it is Possible to Grow Loans Despite Anemic Macro Trends with the Help of Kasasa

Asking one question leads to increased loan volumes and balances AUSTIN, Texas–(BUSINESS WIRE)–#communitycreditunion–Georgia-based Southeastern Credit Union recently achieved rapid growth in loan volume and balances amid the pandemic with the assistance of Kasasa®, an award-winning financial technology and marketing provider. Kasasa helped Southeastern strategically position its loan offerings to increase consumer debt wallet-share by reframing […]

MAPFRE Deploys Guidewire for Personal Lines Business Innovation and Growth; Commercial Lines Transformation Through Guidewire Cloud Now Underway thumbnail

MAPFRE Deploys Guidewire for Personal Lines Business Innovation and Growth; Commercial Lines Transformation Through Guidewire Cloud Now Underway

Largest auto and home insurer in Massachusetts implements Guidewire to enable digital transformation and accelerate product launches WEBSTER, Mass. & SAN MATEO, Calif.–(BUSINESS WIRE)–$GWRE #ai–MAPFRE USA and Guidewire Software, Inc. (NYSE: GWRE), have successfully deployed a series of Guidewire products to advance MAPFRE’s digital transformation and accelerate product launches. As part of the transformation, MAPFRE […]

Cover Genius Announces Relationship with Descartes to Offer Ecommerce Shipping Insurance Solutions

Cover Genius Announces Relationship with Descartes to Offer Ecommerce Shipping Insurance Solutions

NEW YORK, Nov. 04, 2020 (GLOBE NEWSWIRE) — Cover Genius, the global insurtech leader whose insurance distribution platform provides protection for customers of the world’s largest online companies, today announced a relationship with Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, to provide Cover Genius’ ecommerce shipping insurance […]

ValueSetters Announces Name Change to Netcapital Inc. and Reverse Split Effective November 5, 2020 thumbnail

ValueSetters Announces Name Change to Netcapital Inc. and Reverse Split Effective November 5, 2020

New Name Leverages Netcapital’s Strong Brand and Trusted Technology Platform ValueSetters’ Common Stock Will Commence Trading on a Split Adjusted Basis Effective November 5, 2020 BOSTON–(BUSINESS WIRE)–$VSTR #Fintech—ValueSetters, Inc. (OTC:VSTR) today announced that the company will change its name to Netcapital Inc. effective November 5, 2020. Additionally, pursuant to the previously announced merger of ValueSetters […]

Featurespace Named Overall Winner of Global Fast Track Programme at Hong Kong FinTech Week

Featurespace Named Overall Winner of Global Fast Track Programme at Hong Kong FinTech Week

HONG KONG–(BUSINESS WIRE)–Featurespace™, the leading provider of Enterprise Financial Crime prevention software, has been named the overall winner of the inaugural Global Fast Track Programme, a contest created to help local and global enterprises grow and accelerate innovation through Hong Kong’s diverse fintech ecosystem. Held in conjunction with Hong Kong FinTech Week (2-6 November 2020), […]

Independence Works Better Together With the Right Technology thumbnail

Independence Works Better Together With the Right Technology

Keystone enhances the customer experience and connects its agents with smart tools via new agent portal NORTHUMBERLAND, Pa.–(BUSINESS WIRE)–#BetterTogether–In the insurance industry, data is powerful – and overwhelming – without the best technology. Keystone Insurers Group (Keystone) is harnessing insurtech with a new agent portal utilizing Veruna. The agent portal bridges simplicity with the flexibility […]

The Tech Tribune: 2021 Best Tech Startups in Washington, D.C. thumbnail

The Tech Tribune: 2021 Best Tech Startups in Washington, D.C.

NEW YORK–(BUSINESS WIRE)–#business—The Tech Tribune staff has compiled the very best tech startups in Washington, D.C. In doing our research, we considered several factors including but not limited to: Revenue potential Leadership team Brand/product traction Competitive landscape Additionally, all companies must be independent (unacquired), privately owned, at most 10 years old, and have received at […]

United States of America (USA) Cards and Payments – Opportunities and Risks to 2024

United States of America (USA) Cards and Payments – Opportunities and Risks to 2024

Summary ’United States of America (USA) Cards and Payments – Opportunities and Risks to 2024’ report provides detailed analysis of market trends in the US cards and payments industry. New York, Nov. 03, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “United States of America (USA) Cards and Payments – Opportunities and […]

Online Banking Market Size to Grow $31.81 Billion by 2027, at 13.6% CAGR

Online Banking Market Size to Grow $31.81 Billion by 2027, at 13.6% CAGR

With changing consumer demands, lifestyle, and expectations toward banking, the banks are largely switching toward internet or digitalized banking by implementing technologies. This factor has driven the global online banking market. By service type, the payments segment held the major share in 2019. By region, on the other hand, North America appeared to be the […]

Gold Payment App CORO Granted Money Transmitter License in Alabama and Starts to Onboard Customers

Gold Payment App CORO Granted Money Transmitter License in Alabama and Starts to Onboard Customers

MIAMI–(BUSINESS WIRE)–Coro Global Inc. (OTCQB: CGLO) (the “Company”) today announced its subsidiary Coro Corp. has been granted a Money Transmitter license by the State of Alabama’s Securities Commission. As a result, Alabama residents will have access to CORO – a payment app that allows customers to exchange, send and save gold and U.S. dollars easily […]

EML's FINLAB Invests In Interchecks & Ignites International Expansion Aspirations thumbnail

EML’s FINLAB Invests In Interchecks & Ignites International Expansion Aspirations

EML’s payment cards will be provisioned within the Interchecks platform and offered alongside Direct Deposit, Real-time Payments (RTP), Instant Deposit, Paper Check, eCheck and PayPal. BRISBANE, Australia–(BUSINESS WIRE)–#FinTech—EML PAYMENTS LIMITED (ASX: EML) (‘EML’) is delighted to confirm its strategic partnership and investment in payout start-up Interchecks Technologies, Inc. via its new FINLAB FinTech incubator. This […]

Juniper Research: Loans Issued via AI Underwriting to Reach $315 Billion by 2025, as Banks Leverage AI to Assess Risk thumbnail

Juniper Research: Loans Issued via AI Underwriting to Reach $315 Billion by 2025, as Banks Leverage AI to Assess Risk

BASINGSTOKE, England–(BUSINESS WIRE)–A new Juniper Research study found that the value of unsecured loans issued via AI underwriting platforms will reach $315 billion in 2025, up from just $24 billion in 2020. This extraordinary 1,200% growth over 5 years will be driven by lenders seeking to leverage AI to rebuild and streamline their lending operations […]

YF Life Chooses HPE GreenLake to Accelerate Innovation and Business Growth thumbnail

YF Life Chooses HPE GreenLake to Accelerate Innovation and Business Growth

YF Life reduces capital expenditures by 35 percent and achieves faster deployment of new applications with HPE GreenLake HONG KONG–(BUSINESS WIRE)–Hewlett Packard Enterprise (HPE) today announced that YF Life Insurance International Ltd. (YF Life), a fast-growing fintech company offering one-stop risk- and wealth-management consulting services, has selected HPE as its new partner to power the […]

Discover Forms New Internal Data and Analytics Organization thumbnail

Discover Forms New Internal Data and Analytics Organization

Fintech-like DNA Unit to Advance Data-driven Business Decisions; Effort Will Accelerate Platform and Talent Sharing RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover Financial Services, a digital bank and payments provider, today announced the formation of a new Data and Analytics (DNA) organization within the company and named newly promoted Executive Vice President Keith Toney as Chief Data and Analytics […]

Archean Capital Partners Announces Investment in Invictus Growth Partners thumbnail

Archean Capital Partners Announces Investment in Invictus Growth Partners

PHILADELPHIA & NEW YORK–(BUSINESS WIRE)–Archean Capital Partners (Archean), a provider of strategic capital for emerging private equity firms, today announced a new $75 million commitment to Invictus Growth Partners (“Invictus”), a growth equity and small buyout firm with a focus on automation-enabled enterprise cloud software, cybersecurity and fintech. This is the fourth strategic investment for […]

HT Mobile Apps Releases New White Paper: “The Power of Modern Cross-Selling Lies in Data” thumbnail

HT Mobile Apps Releases New White Paper: “The Power of Modern Cross-Selling Lies in Data”

ANN ARBOR, Mich.–(BUSINESS WIRE)–HT Mobile Apps, (HTMA), an innovative fintech company serving banks and credit unions across the country with cost-effective services for attracting and retaining customers, announced today the availability of a new white paper, “The Power of Modern Cross-Selling Lies in Data.” In the white paper, HTMA compiles years of behavior based research […]

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