Techwire


Compliance.ai Introduces Simplified Regulatory Change Management for Insurance Professionals

Leading RegTech Platform Now Provides the First End-to-End, Fully Automated, SaaS-based Insurance Regulatory Change Management Solution SAN FRANCISCO, March 24, 2020 (GLOBE NEWSWIRE) — Compliance.ai, a leading provider of modern regulatory change management solutions, today announced it has added comprehensive coverage for U.S. insurance related regulatory content. Compliance.ai’s award-winning platform now grants transparent and near […]

goeasy Ltd. Provides Response to COVID-19 and Shareholder Update

MISSISSAUGA, Ontario, March 23, 2020 (GLOBE NEWSWIRE) — goeasy Ltd. (TSX: GSY), (“goeasy” or the “Company”), a leading full-service provider of goods and alternative financial services, has today shared its response plan to the COVID-19 (coronavirus) outbreak and provided an update to shareholders in response to the most frequently asked questions received in recent weeks, […]

Zywave Launches COVID-19 Resource Center

Offers industry access to free, downloadable compliance, HR and employee-facing content MILWAUKEE, March 19, 2020 (GLOBE NEWSWIRE) — Zywave, the leading insurtech provider powering agency growth, today announced the launch of its COVID-19 Resource Center, an online library offering insurance professionals access to free compliance, HR and employee-facing content and resources related to the COVID-19 […]

Mobile Banking Market Size to Hit $1.82 Billion by 2026: Government Initiatives

Progress in technology, increase in consumer acceptance, and surge in smartphone usage drive the growth of the global mobile banking market. By platforms, the android segment held the highest share in 2018. On the other hand, by region, Asia-Pacific would cite the fastest CAGR of 16.0% by 2026. Portland, March 16, 2020 (GLOBE NEWSWIRE) — […]

National Flood Services Transforms Access to Flood Coverage by Launching Trident, a Revolutionary Flood Insurance Solution

Cloud-based solution combines flood insurance purchasing, underwriting, management and servicing into a single powerful platform. KALISPELL, Mont., March 11, 2020 (GLOBE NEWSWIRE) — National Flood Services, a leading flood insurance solution provider, today announced the launch of Trident, a wholistic platform that modernizes every aspect of the flood insurance experience for policyholders, agents, write-your-owns (WYOs), […]

Fintech Veteran, Venkataraman Balasubramanian, Joins Zafin as Chief Technology Officer

Balasubramanian will work with Zafin to continue providing banks with innovative solutions to help them adapt to the evolving industry NEW YORK and TORONTO, March 11, 2020 (GLOBE NEWSWIRE) — Zafin, a global leader in product and pricing solutions for banks, is pleased to announce the addition of Venkataraman Balasubramanian (Bala) to its senior leadership […]

NEC X and VACO Partner on AI/ML Solution, Enabling Enterprises to Accelerate Most Challenging Data Compliance Behind Own Firewalls at 10x Lower CAPEX

NEC X and VACO AI/ML Solution NEC X and VACO’s joint reference design and services offering enables enterprises to more confidently comply with personally identifiable information (PII) data governance regulations such as GDPR, at a 10x lower CAPEX. Complete Reference Design and Consulting Services Combine NEC’s SX-Aurora TSUBASA™ AI Platform and VACO’s Best in Class […]

Volly Named as a HousingWire 2020 HW Tech100 Mortgage Company

WOBURN, MASS., March 10, 2020 (GLOBE NEWSWIRE) — March 7, 2020-Volly, an industry-leading provider of SaaS-based Marketing Automation, CRM and POS solutions for banks and mortgage companies, has been named a HousingWire 2020 HW Tech100 Mortgage company. Now in its eighth year, the HW Tech100 is the only program highlighting the tech innovation that’s revolutionizing the entire U.S. […]

FinovateSpring 2020 to Host 1,100+ Senior Attendees, 60+ Demoing Companies

SAN FRANSISCO, March 05, 2020 (GLOBE NEWSWIRE) — via NetworkWire – Finovate Group, the research and events firm behind the only conference series focused exclusively on showcasing the best and most innovative new financial and banking technologies, today announces details of the upcoming FinovateSpring 2020 event, which will take place May 27-29 at the Hilton […]

Branch Partners with Cardtronics to Give Workers Surcharge-Free ATM Services

Agreement Provides Surcharge-Free Access to Over 40,000 ATMs HOUSTON, March 05, 2020 (GLOBE NEWSWIRE) — Branch, the only challenger bank that partners with employers to help working Americans grow financially, has teamed up with Cardtronics (Nasdaq: CATM) and its Allpoint Network to give Branch customers surcharge-free access to cash at Allpoint ATMs throughout the U.S. […]

Quona Capital Closes Second Fund with $203 Million Aimed at Financial Inclusion in Emerging Markets

Fund’s anchor investor is financial inclusion pioneer Accion WASHINGTON and BANGALORE, India, March 04, 2020 (GLOBE NEWSWIRE) — Quona Capital, a venture firm focused on financial inclusion in emerging markets, today announced the final close of the Accion Quona Inclusion Fund. The Fund closed with $203 million in commitments from an array of leading investors […]

InvestorBrandNetwork and NetworkNewsWire to Provide Extensive Coverage of Upcoming FinovateSpring 2020

NEW YORK, March 03, 2020 (GLOBE NEWSWIRE) — via NetworkWire — NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company part of the InvestorBrandNetwork (“IBN”), today announces it will serve as the official newswire for the upcoming FinovateSpring 2020 event, taking place May 27-29 at the Hilton San Francisco Union Square in San Francisco, California. IBN will be an […]

Global Digital Lending Platform Market to Grow $19.88 Billion by 2026 at 19.6% CAGR: AMR

Increase in need of reduced loan management time among borrowers and lenders and rapid shift from traditional lending to digital lending, and rise in government initiatives toward digital lending drive the growth of the global digital lending platform market. The market across Asia-Pacific is expected to manifest the fastest CAGR of 21.2% during the study […]

Current Partners with Cardtronics to Provide Surcharge-Free Cash Access

Leading U.S. Challenger Bank Selects Allpoint Network for Customer Withdrawals, Deposits HOUSTON, Feb. 26, 2020 (GLOBE NEWSWIRE) — Current, a leading U.S. challenger bank that provides everyone access to premium and affordable banking, is partnering with Cardtronics [Nasdaq: CATM] to give its over 800,000 members access to Cardtronics’ Allpoint Network of surcharge-free ATMs. Current members can […]

Cardtronics Announces Fourth Quarter and Full-Year 2019 Results

Continued Strong Margin Expansion Driven by Revenue GrowthDeploying New Technology-driven Solutions and Growing Partnerships HOUSTON, Feb. 20, 2020 (GLOBE NEWSWIRE) — Cardtronics plc (Nasdaq: CATM) (“Cardtronics” or the “Company”), the world’s largest ATM owner/operator, announced today its financial and operational results for the quarter and year ended December 31, 2019. “We continued to deliver on our […]

Built Technologies Lures Longtime Banking Executive Jim Fraser to Lead Rapidly Growing Commercial Real Estate Practice 

Construction finance software leader is expanding its team to further support commercial real estate lenders, developers and contractors NASHVILLE, Tenn., Feb. 20, 2020 (GLOBE NEWSWIRE) — Built, a leading provider of construction finance software, has appointed Jim Fraser to lead its commercial real estate (CRE) construction finance practice. As the Director of CRE Strategy, Fraser […]

Enterprise Engineering, Inc and ebankIT expand partnership in the United States for Open Banking and Banking Platform Solutions

NEW YORK, Feb. 13, 2020 (GLOBE NEWSWIRE) — Enterprise Engineering, Inc. (EEI), an industry leader and trusted advisor to the financial services industry, today announced an expanded joint marketing venture with ebankIT, a premiere global digital banking platform provider. The partnership solidifies EEI’s unique position as an Open Banking integrator and implementor and boosts ebankIT’s […]

Socotra hires former Guidewire executive Matt Hamilton as Director of Product

Hamilton brings his deep experience in insurance software to Socotra’s cloud-native core platform SAN FRANCISCO, Feb. 12, 2020 (GLOBE NEWSWIRE) — Socotra, a modern cloud-based platform for technology-driven insurers, has appointed Matt Hamilton as the company’s Director of Product. Hamilton will be responsible for conceptualizing, designing, and implementing the next wave of product capabilities as […]

OKChain Testnet Now Live – with its First DeFi Application OKEx DEX

VALLETTA, Malta, Feb. 11, 2020 (GLOBE NEWSWIRE) — OKEx (www.okex.com), the world largest cryptocurrency spot and derivatives exchange, announced the launch of OKChain, an OKEx-owned commercial public blockchain, in order to contribute to the community with more decentralized applications. At the same time, OKEx also rolled out OKEx DEX, the first decentralized application based on […]

Ed Rochfort Brings Successful UBI Track Record to IMS as Chief Product Officer

IMS changes also include brand extension across Trak Global Group’s worldwide insurance and mobility B2B divisions, and the launch of a Boston satellite office. “U.S. insurers are demonstrating a real appetite for harnessing learnings from the development of Carrot in the UK – from the driver scoring algorithms that have been engineered using real-world collision […]

UPDATE – AP Intego Launches Self-Serve Small Business Platform Enabling Convenient Management, Purchase and Renewal of Insurance

New Tech Offering Helps Its 60,000 Customers Optimize Insurance and Build Confidence in Their Coverage WALTHAM, Mass., Feb. 06, 2020 (GLOBE NEWSWIRE) — AP Intego, a leading digital insurance agency and one of the nation’s fastest-growing Insurtech companies, announced today the launch of its small business customer platform. The AP Intego platform enables its customers to […]

FFCON20: RISE Event Challenges, Grows Canadian Fintech Industry

TORONTO, Feb. 06, 2020 (GLOBE NEWSWIRE) — via NetworkWire – The sixth annual Fintech & Funding Conference and Expo (FFCON20: RISE) convenes on March 23–24, 2020, in Toronto. The must-attend, two-day gathering features a fintech challenge, industry workshops, invaluable pitching, prime networking and a global education. Co-hosted by the National Crowdfunding & Fintech Association (NCFA Canada) […]

Global Insurance Accelerator and State of Iowa Collaborate to Improve Insurance

DES MOINES, Iowa, Feb. 05, 2020 (GLOBE NEWSWIRE) — The Iowa Insurance Division recently met with the 2020 cohort of the Global Insurance Accelerator (GIA), which includes eight InsurTech startups working to improve insurance through the accelerator’s annual 100-day program. “This year’s cohort includes early-stage startups and founders who are solving big and important insurance […]

AP Intego Launches Self-Serve Small Business Platform Enabling Convenient Management, Purchase and Renewal of Insurance

New Tech Offering Helps Its 60,000 Customers Optimize Insurance and Build Confidence in Their Coverage WALTHAM, Mass., Feb. 05, 2020 (GLOBE NEWSWIRE) — AP Intego, a leading digital insurance agency and one of the nation’s fastest-growing Insurtech companies, announced today the launch of its small business customer platform. The AP Intego platform enables its customers to […]

SE2 Enables USAA Life to Expand Its Annuity Business

TOPEKA, Kan., Feb. 04, 2020 (GLOBE NEWSWIRE) — SE2, an industry leader in providing technology-driven third-party administration services, announced today their support launching the USAA Life Insurance Company (USAA Life) Single Premium Immediate Annuity (SPIA) on the SE2 Aurum® platform. The SE2 Aurum® platform provides insurance carriers with a rich, engaging, fully-digital environment that enables them to […]

OP Financial Group’s Financial Statements Bulletin for 1 January–31 December 2019: Earnings before tax EUR 838 million – income increased by 10% and comparable expenses decreased

OP Financial Group Financial Statements Bulletin 1 January – 31 December 2019Stock exchange release 4 February 2020 09.00 am EET OP Financial Group’s Financial Statements Bulletin for 1 January–31 December 2019: Earnings before tax EUR 838 million – income increased by 10% and comparable expenses decreased Earnings before tax amounted to EUR 838 million (959). […]

Tom Shen Joins Sensibill as Chair of the Board

TORONTO, Feb. 03, 2020 (GLOBE NEWSWIRE) — Sensibill announced today that digital banking veteran Tom Shen has been appointed chair of the board. Shen is joined on the board by Corey Gross, co-founder and CEO of Sensibill, David Unsworth, general partner at Information Venture Partners, and Benji Sucher, general partner at Radical Ventures. Shen’s addition to […]

BrokerTech Ventures Shines National and International Spotlight on Iowa in Midst of Caucuses

Top 20 startups prepare for BrokerTech Ventures Accelerator’s Selection Series Days Feb. 4-6 DES MOINES, Iowa, Jan. 30, 2020 (GLOBE NEWSWIRE) — As Des Moines, Iowa, is thrust into the spotlight in anticipation of the upcoming caucuses, BrokerTech Ventures (BTV), the industry’s first broker-led investor group and accelerator program, is bringing 20 insurtech startups to […]

Global Digital Lending Platform Market, Forecast to 2025: A $11.6 Billion Opportunity, Rising at a CAGR of 20.3%

Dublin, Jan. 30, 2020 (GLOBE NEWSWIRE) — The “Global Digital Lending Platform Market (2019-2025)” report has been added to ResearchAndMarkets.com’s offering. The Global Digital Lending Platform Market size is expected to reach $11.6 billion by 2025, rising at a market growth of 20.3% CAGR during the forecast period. The development of global digital lending platform […]

Edison Financial Announces Seed Financing for New Digital Mortgage Startup in Windsor

WINDSOR, Ontario, Jan. 29, 2020 (GLOBE NEWSWIRE) — The city of Windsor will soon welcome an exciting new fintech startup, as former Lendesk Technologies Chief Financial Officer Hash Aboulhosn today announced he has left the company to reboot Edison Financial, a digital mortgage firm that has applied for a mortgage brokerage license in Ontario. In […]

Opera acquires European banking-as-a-service company Pocosys

Company to launch a new European fintech operation Opera acquires Pocosys Opera acquires Pocosys OSLO, Norway and TALLINN, Estonia, Jan. 27, 2020 (GLOBE NEWSWIRE) — Opera Limited (Nasdaq: OPRA) (“Opera”), one of the world’s leading browser providers is bringing new offerings across content, classifieds and fintech to its large user base of more than 350 […]

Socotra Raises $15.2 Million in Series B Funding to Transform Insurance IT

Former New York Life President John Kim joins Socotra Board SAN FRANCISCO, Jan. 23, 2020 (GLOBE NEWSWIRE) — Socotra, a San Francisco-based company with the only cloud-native core platform that enables insurance companies to rapidly develop and deploy new products, announced today that it has raised $15.2 million in a Series B funding round led […]

Live Oak Bancshares, Inc. Reports Fourth Quarter 2019 Results

WILMINGTON, N.C., Jan. 22, 2020 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (Nasdaq: LOB) (“Live Oak” or “the Company”) today reported fourth quarter 2019 net earnings available to common shareholders of $6.8 million, or $0.17 per diluted share as the Company continues to execute on our strategic priorities that we believe will deliver long-term earnings […]

Zywave Reports Record Growth, Sets Sights on 2020

Company releases 2019 Stewardship Report focused on innovation, integrations and continued growth MILWAUKEE, Jan. 21, 2020 (GLOBE NEWSWIRE) — Zywave, the leading insurtech provider powering agency growth, today released its 2019 Stewardship Report detailing the company’s unprecedented accomplishments over the past year. Highlights from 2019 include two major corporate acquisitions, becoming the leading data provider […]

IMS Brings Carrot UBI Platform to North American Insurers

Approach focused on engagement and reward already proven to deliver increased customer participation, better insurance outcomes, and safer drivers. “The auto insurance market in North America is very competitive, and UBI has provided an opportunity for insurers to differentiate, while enabling improved risk selection,” said Nino Tarantino, CEO of IMS (Americas). “Insurers must now begin […]

Continuity Wraps Up a Strong 2019 with a Strategic Acquisition, the Launch of a New Product and Multiple New Client Signings

The leader in Compliance Change Management and Enterprise Risk Solutions Enters 2020 with Significant Momentum and a Focus on Continued Growth NEW HAVEN, Conn., Jan. 16, 2020 (GLOBE NEWSWIRE) — Continuity, a leader in the development and deployment of compliance change management (CMS) and enterprise risk management (ERM) solutions for regulated financial institutions announced a […]

Vouch uses Socotra’s cloud-based platform to launch insurance products tailored for high-growth startups

Socotra’s advanced API-driven, modern core technology helped Vouch go from concept to production in five months, bringing tailored insurance to founders SAN FRANCISCO, Jan. 16, 2020 (GLOBE NEWSWIRE) — Vouch, the San Francisco-based insurance platform specializing in business insurance for startups, chose Socotra, the first cloud-native insurance core platform, to complement its proprietary technology and […]

The Global Digital Lending Platform Market size is expected to reach $11.6 billion by 2025, rising at a market growth of 20.3% CAGR during the forecast period

Digital lending platforms are commonly used through an online platform to handle the borrowing process. The digital lending process starts with online loan application with user registration, submission of online documents, authentication and confirmation of borrowers, approval of loans, and disbursement of loans and recovery of loans. New York, Jan. 14, 2020 (GLOBE NEWSWIRE) — […]

Leading Canadian Mortgage Tech Startup, Lendesk, Appoints Sean Wilson as COO

Wilson brings six years of executive experience serving Vancouver’s financial industries Vancouver, British Columbia, Jan. 13, 2020 (GLOBE NEWSWIRE) — Lendesk Technologies ULC, the premier FinTech provider for Canada’s mortgage industry professionals, today announced the appointment of Sean Wilson to the role of Chief Operating Officer at Lendesk, effective January 13, 2020. Wilson brings with […]

Keynote Speaker, Demoing Companies Announced for FinovateEurope 2020

NEW YORK, Jan. 09, 2020 (GLOBE NEWSWIRE) — via NetworkWire – Finovate Group, the research and events firm behind the only conference series focused exclusively on showcasing the best and most innovative new financial and banking technologies, today announces the selection of its keynote speaker for the upcoming FinovateEurope 2020, taking place Feb. 11-13, 2020, […]