Techwire


INTERIM FINANCIAL REPORT JANUARY – JUNE 2020

Press Release (First North: WPAY)      For immediate release 14th August 2020 INTERIM FINANCIAL REPORT JANUARY – JUNE 2020 ADAPTING OUR BUSINESS FOR A NEW REALITY IN A PANDEMIC PRESENT. SECOND QUARTER 2020 Net sales totalled MSEK 10.2 (15.2), a decrease with MSEK 4.9 / -32 % EBITDA was MSEK -1.6 (-4.8), an increase with MSEK […]

Net Element Reports Second Quarter 2020 Financial Results

MIAMI, Aug. 13, 2020 (GLOBE NEWSWIRE) — via NetworkWire — Net Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”), a global technology and value-added solutions group that supports electronic payments acceptance in a multichannel environment including point-of-sale (“POS”), e-commerce and mobile devices, today reports its financial results for the second quarter ended June 30, […]

CAIS Announces Rapid Advisor Adoption for New Learning Platform

CAIS IQ is driving education of alternative investments, CE credits for Financial Advisors Everywhere NEW YORK–(BUSINESS WIRE)–CAIS, the industry-leading alternative investment platform, today announced growth and momentum for CAIS IQ, the company’s modern learning system for financial advisors, that helps them learn faster, remember longer and enhance client outcomes. CAIS IQ combines artificial intelligence with […]

Optiv Releases 2020 Cyber Threat Intelligence Estimate Exploring Vulnerability, Attack Method and Vertical Industry Trends

— Report Analyzes Data Breaches, Dark Web Practices and Other Trends Across 2019 Incidents to Help Organizations Mitigate Risk and Strengthen Defenses — DENVER–(BUSINESS WIRE)–#Optiv–Optiv Security, a security solutions integrator delivering end-to-end cybersecurity solutions, today released its 2020 Cyber Threat Intelligence Estimate (CTIE) white paper, an annual report exploring the threat trends, tools, techniques and […]

Covered Care Announces Public Launch, Helping Healthcare Providers Say “Yes” to Their Customers

Industry veterans introduce tech-enabled program in response to coronavirus pandemic, widening access to credit for medical expenses with affordable rates and simple approval SAN FRANCISCO–(BUSINESS WIRE)–Covered Holdings announced the official launch of Covered Care today. Created to provide affordable healthcare financing for people declined by traditional credit, Covered Care simultaneously supports credit-challenged Americans as well […]

Metrics Global Partners with CardSync™, Adding the Revolutionary Universal Card Account Updater to its Unified Commerce Platform

LAS VEGAS–(BUSINESS WIRE)–Metrics Global integrates CardSync into MGI Payment’s Unified Commerce Platform, enabling their merchants to automatically update consumer credit card account details for recurring payments on all processing platforms. This critical service will help maximize a merchant’s sales revenue from any recurring payment model or channel. “CardSync is a universal account updater platform that […]

Fiserv Gives Back to Help Small Businesses Get Back to Business

Back2Business program rolls into hard-hit communities to help jump-start small minority-owned businesses affected by COVID-19 pandemic BROOKFIELD, Wis.–(BUSINESS WIRE)–Small businesses that have been impacted by the effects of the COVID-19 pandemic now have access to crucial resources as part of a new program from Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and […]

FIS Doubles Applications Covered by Service Level Agreement; Reduces Service Disruption Period to As Little as Ten Minutes

Key facts Expanded service level agreement now covers 74 selected cloud-based banking and merchant solutions in the U.S. and U.K. Industry-leading SLA also reduces designated service disruption period to as little as ten minutes. FIS has invested significantly in cloud-enabling its global network, with more than 70 percent of its applications now running in the […]

Access Softek’s Access Commercial Platform Presents Growth Opportunity for Community Financial Institutions

BERKELEY, Calif.–(BUSINESS WIRE)–Access Softek, Inc., a digital banking platform provider, has announced its commercial banking platform, Access Commercial, enabling community financial institutions to maintain a presence in the $600 billion commercial banking market. Access Commercial creates a seamless online experience for credit unions and community banks to meet business’s specific needs, strengthen existing business relationships […]

SIMON Expands Annuities Marketplace as Symetra Joins Platform

Symetra annuities are now available on SIMON’s insurtech platform, which offers powerful allocation and income analytics to wealth managers in one centralized location NEW YORK–(BUSINESS WIRE)–#FinTech–SIMON Annuities and Insurance Services LLC (“SIMON”) today announced a new partnership with Symetra Life Insurance Company (“Symetra”) in a move that expands SIMON’s annuities platform and digital marketplace for […]

WEX Announces New ClearView Snap Skill for Amazon Alexa

PORTLAND, Maine–(BUSINESS WIRE)–WEX (NYSE: WEX), a leading financial technology service provider, today announced the launch of its new ClearView Snap voice skill for Amazon Alexa. ClearView Snap is a data analytics platform that offers fleet managers and administrators quick and easy insights into fleet expenses through easy-to-read graphs and charts. This new integration will now […]

PAI Health Selected into Ping An Technology Innovation Center

Company selected amongst top 10 out of 1442 companies reviewed VANCOUVER, British Columbia and SHENZHEN, China, Aug. 13, 2020 (GLOBE NEWSWIRE) — Today PAI Health, a heart health software company, announces that it has been selected as one of the top 10 companies accepted onto Ping An Technology Innovation Center for the Cohort 5 China […]

Origami Risk and Gradient AI Team to Offer Claims and Policy Modeling, Predictive Analytics Resources on Origami Digital Platform

Ready Access to AI-Driven Capabilities Can Help Insurers, TPAs and Self-Insured Organizations Drive Growth, Profitability, Efficiencies in Underwriting and Claims Operations CHICAGO & BOSTON–(BUSINESS WIRE)–#AI–Origami Risk LLC and Gradient AI today announced they have formed a strategic partnership to make Gradient’s claims and policy modeling capabilities and predictive analytics resources available on Origami’s industry-leading digital […]

Mastercard Accelerate Ignites Next Generation of Fintech Disruptors and Partners to Build the Future of Commerce

11 companies join the Start Path startup engagement program; nearly 50 new deals signed to Engage network to help customers make growth ambitions a reality PURCHASE, N.Y.–(BUSINESS WIRE)–Mastercard has announced the expansion of its Accelerate fintech portfolio, adding dynamic entrepreneurs to its award-winning startup engagement program Start Path and more technology partners to its Engage […]

Leading Latin American Retailer Group Goes Live with Temenos Following Remote Cloud Implementation amidst the Global Lockdown

Banco Ripley, the financial arm of Ripley S.A., goes live with Temenos Transact to bring digital banking services to more than one million retail store customers in Peru GENEVA, Switzerland–(BUSINESS WIRE)–Temenos (SIX: TEMN), the banking software company today announced that Banco Ripley has gone live with Temenos Transact, the next generation core banking product. The […]

PGIM Investments and iCapital Network® Announce Partnership to Enhance Access to Alternatives

Trillion-dollar asset manager will integrate iCapital Network technology to power seamless alts experience for HNW advisor channel NEW YORK–(BUSINESS WIRE)–PGIM Investments, the retail distribution arm of PGIM, Inc., the $1.4 trillion global investment management business of Prudential Financial, Inc. (PFI), and iCapital Network1, the leading financial technology platform driving access and efficiency in alternative investing […]

Long Corridor Asset Management Selects Bare Cove Technology to Automate Operations

HONG KONG–(BUSINESS WIRE)–Bare Cove Technology Limited (BCT) is pleased to announce that Long Corridor Asset Management has selected BCT as their software development and IT automation partner. Over the past six months, BCT has developed and implemented several software solutions for Long Corridor to automate and enhance their daily reconciliations, reporting, and trading workflows. “We […]

Zywave Continues to Enhance Industry-Leading Content Offering with Innovative New Features

Latest updates include content management tools, customization options and more MILWAUKEE, Aug. 11, 2020 (GLOBE NEWSWIRE) — Insurance tech provider, Zywave, today announced several enhancements to its industry-leading content offering, providing Broker Briefcase® and Content Cloud users with new customization, content management, content sharing features and more. “Historically, our content offering has been viewed solely […]

American Pacific Mortgage Leverages Tavant’s FinXperience Platform to Launch Specialized Mortgage Channel

Brokerage tool provides improved speed of response, enhanced communication capabilities, streamlined experience SANTA CLARA, Calif.–(BUSINESS WIRE)–#fintech—Tavant, a Silicon Valley-based digital lending products and solutions company, today announced American Pacific Mortgage deployed its FinXperience platform to launch a new Specialized lending channel. With Tavant’s FinXperience platform, the lender is able to provide its growing network of […]

Siebert Corporate Services to offer Carver Edison’s Cashless Participation™ for Stock Plan Services

Siebert Corporate Service’s new partnership will support its stock plan clients and allow for future growth in equity compensation. NEW YORK–(BUSINESS WIRE)–$Nasdaq #Nasdaq–Siebert Financial Corp. (NASDAQ: SIEB) (“Siebert”) and Carver Edison announced a new partnership to offer Carver Edison’s Cashless Participation to Siebert’s stock plan clients. This partnership provides current and future Siebert Corporate Services […]

Vesta Integrates with Plaid to Introduce Guaranteed ACH Payments

Tech integration allows Vesta to extend zero-fraud-liability guarantee to ACH payments LAKE OSWEGO, Ore.–(BUSINESS WIRE)–Vesta, a fintech pioneer in fraud protection and fully guaranteed payment technologies, has integrated with Plaid, a data network powering the digital tools that millions of people rely on to improve their financial lives, to launch Guaranteed ACH, a payment solution […]

Insurity and WorkersCompensation.com Partner to Streamline Administration of Claims Forms and Disability Rates for ‘Workers’ CompXPress Suite’

HARTFORD, Conn.–(BUSINESS WIRE)–Insurity, Inc., a leading provider of cloud-based core system solutions and data analytics for the world’s largest insurers, brokers, and MGAs, has entered into a partnership with WorkersCompensation.com, the largest regulatory and compliance information center for the workers’ compensation industry, to streamline administration of jurisdictional forms and disability rates for Insurity’s Workers’ CompXPress […]

daVinci Payments Introduces Payment Accelerator to Drive Customer Traffic with Mobile Incentive Rewards

Fintech leader debuts virtual prepaid incentive rewards stored in phone and activated instantly upon the completion of a desired behavior CHICAGO–(BUSINESS WIRE)–daVinci Payments announced the launch of Payment Accelerator, an industry-first loyalty and acquisition engine that boosts engagement through texted virtual payment offers. Payment Accelerator sends mobile opt-in contacts a link to a virtual prepaid […]

Revance Announces Two Peer-Reviewed Publications Reporting Safety and Efficacy Results from the SAKURA 3 Open-Label Safety Study in Dermatologic Surgery

– The SAKURA 3 safety and efficacy results are consistent with those observed in SAKURA 1 and SAKURA 2 studies for DaxibotulinumtoxinA for Injection in the treatment of glabellar (frown) lines – NEWARK, Calif.–(BUSINESS WIRE)–Revance Therapeutics, Inc. (Nasdaq: RVNC), a biotechnology company focused on innovative aesthetic and therapeutic offerings, including its investigational neuromodulator product, DaxibotulinumtoxinA […]

Metro Bank Goes Live with Sensibill for Digital Receipt Management

U.K.-based bank offers digital receipt management to save time, reduce stress for small business customers TORONTO–(BUSINESS WIRE)–Sensibill is the leading provider of everyday financial tools like digital receipt management and SKU-level data that helps institutions better know and serve their customers. Today, the company announced that Metro Bank has launched Sensibill’s digital receipt management solution, […]

InFirst Bank Selects CSI to Build Fully Integrated Digital Banking Services

PADUCAH, Ky.–(BUSINESS WIRE)–Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, announced that Indiana, Pa.-based InFirst Bank ($420 million in assets) has selected its NuPoint® core platform in order to offer its customers comprehensive and robust digital banking solutions. InFirst Bank began searching for a new core platform after experiencing […]

WEX Expands Savings Network with New Merchant Offers

PORTLAND, Maine–(BUSINESS WIRE)–WEX (NYSE: WEX), a leading financial technology service provider, today announced the newest value-added partners to join its WEX EDGE business savings network. Hotels.com and Sprint/T-Mobile are now part of the WEX EDGE network. This past May, WEX announced the launch of its new WEX EDGE business savings network which gives small businesses […]

Cyberport houses over 30 InsurTech start-ups with great potential

Creating business value through digital transformation Cyberport is a key organisation in fostering start-ups in Hong Kong. Currently, the community has more than 30 InsurTech firms that provide different types of InsurTech solutions. Hong Kong, Aug. 11, 2020 (GLOBE NEWSWIRE) — As a key promoter of Hong Kong’s digital technologydevelopments, Hong Kong Cyberport spares no […]

The Police Credit Union Selects NCR for Elite Digital Banking Experience

ATLANTA–(BUSINESS WIRE)–NCR Corporation (NYSE: NCR), a global enterprise technology provider for the financial industry, today announced that The Police Credit Union, which serves California law enforcement members and their families, selected NCR to transform its digital banking experience to support the credit union’s recent expansion of membership availability to the entire state. The NCR Digital […]

UPDATE — Ebix Reports $28.8M of Operating Cash Flow Despite COVID-19

EBITDA plus stock-based compensation of $36.3 million JOHNS CREEK, Ga., Aug. 07, 2020 (GLOBE NEWSWIRE) — Ebix, Inc. (NASDAQ: EBIX), today announced the following results for the quarter ended June 30, 2020: Diluted EPS (GAAP) of $0.76 and Non-GAAP diluted EPS of $0.88 Operating cash flow of $28.8 million Revenues of $111.3 million and constant […]

US Capital Global Securities Receives Large Endowment into Recently Launched $100MM Global Lending Fund

San Francisco-based private financial group’s global fund of funds is now actively allocating to private investment funds and other capital providers offering secured loans to qualifying SMBs. US Capital Global Lending, LLC https://www.uscapglobalsecurities.com/investment-overview/uscg-lending-llc-investment-overview.html San Francisco, California, Aug. 07, 2020 (GLOBE NEWSWIRE) — US Capital Global Securities, an affiliate of US Capital Global, has received a significant […]

CO-OP Partners With Zelle® to Enable Credit Unions to Offer P2P Payments Now

P2P Payments Will Keep Members Transacting Remotely, Safely and Securely RANCHO CUCAMONGA, Calif.–(BUSINESS WIRE)–The ongoing need for physical distancing and remote working – and the limited ability of members to transact in-person – is making the adoption of person-to-person payments by credit unions more essential than ever. To support members with their distance banking needs […]

Agora Services to Offer Fully White Label Teen & SMB Digital Banking Solutions for Community Financial Institutions

ATLANTA–(BUSINESS WIRE)–Agora Services, the challenger bank technology platform for financial institutions, plans to tackle two challenges faced by community banks and credit unions by becoming the first technology provider to offer them a white label integrated digital bank solution to address the teen and small and medium-sized business (SMB) market without any core integration. To […]

MS Amlin selects Socotra and Mendix for new digital SME insurance initiative

Leading global (re)insurer uses cloud-native and low-code platforms to quickly bring new products to SME market LONDON, Aug. 05, 2020 (GLOBE NEWSWIRE) — MS Amlin, a leading global (re)insurer, has chosen Socotra and Mendix for its new digital Small and Medium Enterprise (SME) insurance initiative. MS Amlin is a subsidiary of the global top 10 […]

Breyer Capital Opens Office in Austin, Texas

New office builds on established presence in Silicon Valley and will enable additional investment in Austin’s remarkable new frontier of opportunity AUSTIN, Texas–(BUSINESS WIRE)–Breyer Capital, a premier global venture capital and private equity investor focused on catalyzing high-impact entrepreneurs, today announced that it is opening an office in Austin, Texas. The office will serve as […]

tune.fm launches new token protocol on Hedera Hashgraph

JAM Token facilitates micropayments for music streaming Philadelphia, Aug. 05, 2020 (GLOBE NEWSWIRE) — (via Blockchain Wire) tune.fm has officially deployed to mainnet a new token protocol for Hedera Hashgraph. This new protocol utilizes an unprecedented sharding architecture that is necessary to scale token smart contracts on distributed public ledger provider Hedera Hashgraph. This represents an evolution […]

Nuvei receives approval to process sports betting transactions in state of Indiana

Payment technology firm gears up to offer secure online payment processing for businesses in Indiana’s sports betting industry INDIANAPOLIS, Aug. 05, 2020 (GLOBE NEWSWIRE) — Nuvei, the global payment technology partner of thriving brands, announced today that it has been awarded a certificate of registration for sports wagering in the state of Indiana. The approval […]

Massachusetts Explores Opportunities Around Blockchain

Award from the Innovation Institute at MassTech to launch Blockchain Education for Government Innovators BOSTON–(BUSINESS WIRE)–#BitcoinMarketJournal–The Innovation Institute at the Massachusetts Technology Collaborative, together with key thought leaders from the region, has launched a new training program on blockchain technology targeted at government innovators, demonstrating the Commonwealth’s commitment to supporting the blockchain revolution. Blockchain technology […]

Roostify Enhances Credit Services Product to Speed Results

—Now lenders can select tri-merge, single bureau, soft or hard credit inquiries— SAN FRANCISCO–(BUSINESS WIRE)–#digitallending–The nation’s most trusted digital lending platform, Roostify, announced today the enhancement of its Credit Services product. Through this new integrated service, Roostify customers can select tri-merge, single bureau, soft and hard credit pulls directly from the Roostify platform. Loan officers […]

OneConnect and Swiss Re to Partner on Smart Claims to Europe

SHANGHAI–(BUSINESS WIRE)–OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT) and Swiss Reinsurance Company Ltd. (“Swiss Re”) are joining forces to co-develop a digital end-to-end solution for motor claims handling for the European market, based on artificial intelligence (AI) and advanced data analytics . The two companies will collaborate to introduce OneConnect’s Smart […]