Techwire


Provident Financial Services, Inc. Announces Launch of Subordinated Notes Offering

ISELIN, N.J., May 09, 2024 (GLOBE NEWSWIRE) — Provident Financial Services, Inc. (NYSE:PFS) (the “Company”), the holding company for Provident Bank (the “Bank”), today announced that it intends to offer, subject to market and other conditions, $200 million aggregate principal amount of subordinated notes due 2034 (the “Notes”) in a registered public offering, (the “Offering”). […]

Inter&Co Inc. Reports Record Profit

BELO HORIZONTE, Brazil, May 09, 2024 (GLOBE NEWSWIRE) — Inter&Co Inc. (NASDAQ: INTR | B3: INBR32), the premier financial super app that provides financial and digital commerce services to over 31 million customers, today reported financial results for the first quarter of 2024. Highlights: Record net income of R$195 million. A 37% YoY increase in […]

Ivans Index April 2024 Results Released

Average premium renewal rates of nearly all major commercial lines of business down month over month Milwaukee, WI., May 09, 2024 (GLOBE NEWSWIRE) — Ivans® today announced the April 2024 results of the Ivans Index™, the insurance industry’s premium renewal rate index. Year over year, Commercial Auto, BOP, General Liability, Commercial Property and Umbrella experienced […]

CAST launches integrated marketplace to enhance CAST Highlight capabilities

NEW YORK and PARIS, May 09, 2024 (GLOBE NEWSWIRE) — CAST, the global leader in software intelligence, today is announcing the introduction of the CAST Highlight Extensions Marketplace—a seamlessly integrated marketplace for the software intelligence product where users can effortlessly browse and download a diverse range of extensions and plugins. With these add-ons, users can […]

Flourish RIA Fintech Hits $5 Billion AUC Milestone

New Product Launch, Additional Flourish Cash Features, and Expanded FDIC Coverage Helped Drive Additional RIA Adoption New York, May 09, 2024 (GLOBE NEWSWIRE) — Flourish, a platform that provides innovative access to financial products that help registered investment advisors (“RIAs”) improve their clients’ financial outcomes, today announced surpassing $5 billion in assets under custody (AUC) […]

Adeia Renews Media IP License Agreement with Panasonic Entertainment & Communication Co., Ltd.

SAN JOSE, Calif., May 09, 2024 (GLOBE NEWSWIRE) — Adeia Inc. (Nasdaq: ADEA), the company whose patented innovations shape the way the world explores and experiences entertainment, today announced that Panasonic Entertainment & Communication Co., Ltd. (“Panasonic”), a global provider of services and products, has agreed to a multi-year renewal of its license for Adeia’s […]

Noom Adds Muscle Defense™ to Its GLP-1 Companion Program to Help Prevent Muscle-Mass Loss While Taking GLP-1s

Fitness Now a Key Component of Noom’s Whole-Person Health Solution For All Members NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) — Noom, the leading digital healthcare company committed to chronic disease prevention and empowering people to live better and healthier lives, launches Noom Move, an on-demand fitness offering, including Muscle Defense™, a curated movement program […]

Westland Express launches API integration to streamline tenant insurance for property managers

Toronto, ON/Territories of the Huron-Wendat, the Haudenosaunee, and the Mississaugas of the Credit., May 09, 2024 (GLOBE NEWSWIRE) — Westland Express, Canada’s leading online tenant insurance provider, today announced the launch of its Application Program Interface (API), designed to transform the way property managers and REITS manage tenant insurance within their properties. This integration enables […]

Options and oneZero Announce Strategic Partnership to Boost Multi-Asset Enterprise Trading Technology Solutions

LONDON & NEW YORK & HONG KONG–(BUSINESS WIRE)–Options Technology, a trailblazer in capital markets infrastructure, today announced an expanded strategic partnership with oneZero, the leading multi-asset class enterprise trading technology provider for banks and financial institutions. The partnership is set to build upon the existing, proven integration between oneZero and Options Activ’s consolidated data service, […]

GSI Technology Reiterates Key Takeaways From Q4 FY2024 Earnings Call and Provides Q&A

GEMINI-II APU TO TARGET SMALL MODEL ALGORITHMS THAT FIT ENTIRELY INTO THE CHIP’S MEMORY FOR EDGE APPLICATIONS SUNNYVALE, Calif., May 09, 2024 (GLOBE NEWSWIRE) — GSI Technology, Inc. (Nasdaq: GSIT), the inventor of the Associative Processing Unit (APU), a paradigm shift in AI and HPC processing providing true compute-in-memory technology, today reiterated the key highlights […]

Flash News: OKX Wallet Integrates CrossCurve for Low-Slippage Cross-Chain Swaps

SAN FRANCISCO, May 08, 2024 (GLOBE NEWSWIRE) — OKX, a leading Web3 technology company, today announced the integration of CrossCurve, a cross-chain trading and yield protocol, with the OKX Wallet. This integration allows OKX Wallet users to perform low-slippage cross-chain swaps of various assets, including liquid staking tokens (LSTs), stablecoins, and Curve LP tokens, in […]

Revolutionizing Streaming Entertainment: Pixi+ Unveils Solution to Content Discovery Fatigue

Pixi+ is a paradigm shift for how millions of streamers discover movies and shows Springfield, VA, May 08, 2024 (GLOBE NEWSWIRE) —    Netflix launched the streaming revolution in 2007, and since then, content streaming has boomed in popularity across the U.S. and the world.  With so much content to choose from, users have now […]

Markforged Announces First Quarter 2024 Results

WALTHAM, Mass., May 08, 2024 (GLOBE NEWSWIRE) — Markforged Holding Corporation (NYSE: MKFG) (the “Company”), the company strengthening manufacturing resiliency by enabling industrial production at the point of need, today announced its financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Results Compared To First Quarter 2023 Revenue was $20.5 […]

CompoSecure Announces Launch of Secondary Offering of Shares of Class A Common Stock by Selling Shareholders

SOMERSET, N.J., May 08, 2024 (GLOBE NEWSWIRE) — CompoSecure, Inc. (“CompoSecure” or the “Company”) (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced the commencement of an underwritten public offering (the “Offering”) of 7,000,000 shares of the Company’s Class A common stock, par value $0.0001 per share (the “Class A […]

Sezzle Reports First-Quarter 2024 Results

Appendix – Reconciliation of GAAP to Non-GAAP Financial Measures 1Q24 GAAP Operating Results and 1Q24 Non-GAAP Operating Results Minneapolis, MN, May 08, 2024 (GLOBE NEWSWIRE) — Sezzle Inc. (NASDAQ:SEZL) (Sezzle or Company) // Purpose-driven digital payment platform, Sezzle, is pleased to update the market on key financial metrics for the quarter ended March 31, 2024. […]

Lesaka Q3 2024 Results: Lesaka continues to deliver improved profitability

JOHANNESBURG, South Africa, May 08, 2024 (GLOBE NEWSWIRE) — Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the third quarter ended March 31, 2024 (“Q3 2024”). Performance Highlights for Q3 2024: Revenue of $138.2 million (ZAR 2.6 billion)1 in Q3 2024, compared to $134.0 million (ZAR 2.4 billion)1 for the third quarter […]

Monroe Capital Corporation BDC Announces First Quarter 2024 Results

CHICAGO, May 08, 2024 (GLOBE NEWSWIRE) — Monroe Capital Corporation (NASDAQ: MRCC) (“Monroe”) today announced its financial results for the first quarter ended March 31, 2024. Except where the context suggests otherwise, the terms “Monroe,” “we,” “us,” “our,” and “Company” refer to Monroe Capital Corporation. First Quarter 2024 Financial Highlights Net Investment Income of $5.5 […]

Lendbuzz Completes $216 Million Asset-Backed Securitization

BOSTON–(BUSINESS WIRE)–Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has closed a $216 million securitization (“LBZZ 2024-2”) collateralized by a pool of auto loans made to obligors and secured by new and used automobiles, light duty trucks, and vans. LBZZ 2024-2 issued […]

Christian Brothers Services Selects Origami Risk’s Core P&c Platform for Policy Administration and Billing

Insurer Leveraging Origami’s Multi-Tenant SaaS P/C Insurance Suite for Efficiency, Robust Analytics, Enhanced Service to Members, Agents and Brokers ROMEOVILLE, Ill.–(BUSINESS WIRE)–#CoreSolutions–Christian Brothers Services (CBS) has selected Origami Risk’s multi-tenant SaaS P/C platform to streamline its policy administration and billing processes, enhance service resources for its members, and to gain insights into its current coverage […]

Subscriptions are Transforming Businesses in Latin America: Stripe

Technological advancements and consumer desire for greater convenience are driving more companies to adopt this model The Latin American subscription market is expected to exceed $30 billion by 2025 The subscription model allows companies to plan their finances and ensure stable, predictable revenue MEXICO CITY, May 08, 2024 (GLOBE NEWSWIRE) — Stripe, the global financial […]

PDLOANS247 Launches a Freelance Cash Advance Solution, Empowering Gig Workers and Small Business Owners.

PDLOANS247, a quick online loan provider company, has unleashed freelance cash advance solutions. It aims to revolutionize quick access to funding for gig workers Duluth, GA, May 08, 2024 (GLOBE NEWSWIRE) — According to the latest records, PDLOANS247 launched a freelance cash advance solution that empowers gig workers and small business owners. The company designed the solution for freelancers […]

Iconic Arts, Next-gen Entertainment Studio, Opens Doors in Los Angeles and Tokyo

Hollywood’s Hottest Start-up Raises $3.1 Million at a $20 Million Pre-seed Valuation (Download hi-res logo here) LOS ANGELES–(BUSINESS WIRE)–Iconic Arts, a new transmedia entertainment studio founded by Steven Haddadian, Alec Roth, Matthew Medney, Mo Yazdani, and Jack Sheehan, announced today $3.1 million in financing at a $20 million pre-seed valuation. The company opens doors in […]

JBI Studios Announces Strategic AI Acquisition and Partnerships, Launches ‘AI Suite’ to Deliver Next-Generation Enterprise AI for the Financial Services Sector

JBI Studios acquires AI platform Cody AI to accelerate AI capabilities for Enterprises and SMBs with new ‘AI Suite’ LOS ANGELES–(BUSINESS WIRE)–#AI–Just Build It (JBI), a visionary company focused on designing, building and renovating companies to be best in class, today announces the strategic acquisition of advanced AI platform Cody AI into JBI’s marketing and […]

Citi Makes Strategic Investment in Cicada to Facilitate Institutional e-Trading of Mexican Government Bonds

Cicada has built an innovative all-to-all electronic alternative trading system for global institutional market participants that trade Mexican government bonds. Citi has made a strategic minority investment in Cicada and will act as a liquidity-provider for the trading platform. NEW YORK–(BUSINESS WIRE)–Citi has made a strategic minority investment in Cicada Technologies Inc. The investment was […]

WaFd Bank to Streamline Payments for Small Businesses with CashFlow Central from Fiserv

Small business customers can access payments and accounts payable and receivable capabilities through a single integrated solution MILWAUKEE–(BUSINESS WIRE)–Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial technology, announced today that WaFd Bank has selected CashFlow CentralSM from Fiserv to enhance their robust small business banking offerings. WaFd Bank small business customers […]

Fifth Third’s Financial Empowerment Mobile Begins New Season of Supporting Communities with SpringFour’s Financial Health Resources and Reimagined Experience

CINCINNATI–(BUSINESS WIRE)–Fifth Third’s Financial Empowerment Mobile, commonly known as the eBus, brings financial access and education directly into communities, especially underserved areas. For 2024, the eBus has been reimagined to offer enhanced experiences including immediate checking account opening, face-to-face consultation pods for private conversations, computer workstations for guests and broader services. “At Fifth Third, we […]

NICE Actimize Recognized as Category Leader in the Chartis 2024 CLM Solutions for Corporate and Investment Banking Vendor Landscape Report

Measured across five solution capabilities, NICE Actimize scored highly in entity management, workflow and automation, and system interfaces and APIs HOBOKEN, N.J.–(BUSINESS WIRE)–#NICE—NICE Actimize, a NICE (NASDAQ: NICE) business, has been recognized by Chartis Research as a Category Leader in its recently released 2024 CLM Solutions for Corporate and Investment Banking Market Update and Vendor […]

Panax Offers AI-powered Cash Flow Management Platform, Secures $15M to Scale and Meet Rapidly Growing Global Demand

In the face of economic uncertainty, next-gen treasury automation solution empowers finance teams to fortify business resilience NEW YORK–(BUSINESS WIRE)–Amid high-interest rates and cash uncertainty, finance teams are struggling to proactively manage complex cash flow, liquidity and financial risks. Panax offers an AI-driven cash flow management platform that empowers mid-market and large companies with complex […]

Netcapital Pursues Broker-Dealer License to Increase Potential Revenue Generation

Company intends to expand service offerings to include Reg A+ and Reg D deals and broker-dealer partnerships BOSTON–(BUSINESS WIRE)–$NCPL #Earnings—Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced that its wholly-owned subsidiary, Netcapital Securities Inc., has applied for broker-dealer registration with the Financial Industry Regulatory Authority (“FINRA”). This marks […]

Onetag continues 2024 expansion with strategic new hires

The global programmatic curation platform continues to build momentum with three senior additions to the team NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) — Cookieless AI-powered programmatic curation platform, Onetag, today announces the appointment of Christian Baer as VP, Sales Supply, alongside key global and UK hires, as it continues to lead the charge in […]

Ault Alliance’s Subsidiary, Sentinum, Completes Initial Bitcoin Mining Installation at Montana Location

LAS VEGAS–(BUSINESS WIRE)–$AGREE #AGREE—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”) has received 1,000 Bitcoin miners from its Michigan Facility at one of its two Montana Bitcoin mining sites. Those miners are currently being installed and the Company […]

Corcentric to Streamline Travel Booking Processes for CTS Systems with Managed Accounts Receivable Services

Digitized invoice and payments infrastructure brings convenience, efficiencies, and speed to hotel and booking agent interactions CHERRY HILL, N.J., May 08, 2024 (GLOBE NEWSWIRE) — Corcentric, a leading global provider of best-in-class procurement and finance solutions, announced today it will provide Managed Accounts Receivable (AR) services to CTS Systems, a preeminent data management company in the […]

Applied Ranked First on G2’s Agency Management Provider List

Company tops the Momentum Grid Report for fourth consecutive quarter driven by customer reviews endorsing usability, efficiency, and versatility of Applied Epic Chicago, IL., May 08, 2024 (GLOBE NEWSWIRE) — Applied Systems® today announced that the company was named a Momentum Leader on G2’s Spring 2024 Momentum Grid® Report for Insurance Agency Management Systems. Leader […]

InfinityQ Unveils Innovative Quantum-Inspired Research at 2024 Optimization Days Conference

MONTREAL, May 08, 2024 (GLOBE NEWSWIRE) — InfinityQ Technology, a pioneer in quantum-inspired computing, proudly presented its cutting-edge research at the 2024 Optimization Days Conference. Leveraging the power of the TitanQ platform, these studies showcase unprecedented advancements in clustering, portfolio optimization, and job shop scheduling, cementing InfinityQ’s position at the forefront of technological innovation. “These […]

International Land Alliance Announces Sales and Marketing Office in Monterrey

SAN DIEGO, CALIFORNIA, May 08, 2024 (GLOBE NEWSWIRE) — International Land Alliance, Inc. (OTCQB: ILAL) announced today that it has established a real estate office with Shawn Casias Real Estate Group (“SCRE”) in Monterrey, Mexico to sell and market the Company’s real estate products in Baja California. SCRE will be instrumental in not only sales […]

EY Announces Gene Sheridan of Navitas Semiconductor as an Entrepreneur Of The Year® 2024 Greater Los Angeles Award Finalist

Entrepreneur Of The Year celebrates ambitious entrepreneurs who are shaping the future EY Announces Gene Sheridan of Navitas Semiconductor as an Entrepreneur Of The Year® 2024 Greater Los Angeles Award Finalist Entrepreneur Of The Year celebrates ambitious entrepreneurs who are shaping the future LOS ANGELES, May 08, 2024 (GLOBE NEWSWIRE) — Ernst & Young LLP […]

SRAX Signs Agreement to Merge with DNA Holdings

Westlake Village, CA, May 08, 2024 (GLOBE NEWSWIRE) — SRAX Inc. (OTC: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through its SaaS platform Sequire, announced today it has entered into a definitive merger agreement with DNA Holdings Venture Inc. pursuant to which the shareholders of DNA will become […]

Brink’s Announces Strong First-Quarter Results and Affirms Full Year Guidance

Record First Quarter Revenue Reflecting 4% Growth and 12% Organic GrowthGAAP net income up 229% to $49M and record adjusted EBITDA up 15% to $218MGAAP EPS up 263% to $1.09 and non-GAAP EPS up 20% to $1.52TTM GAAP Net Cash from Operations up 56% to $800M: non-GAAP Free Cash Flow up 61% to $363M RICHMOND, […]

Kaltura Announces Financial Results for First Quarter 2024

NEW YORK, May 08, 2024 (GLOBE NEWSWIRE) — Kaltura, Inc. (“Kaltura” or the “Company”), the video experience cloud, today announced financial results for the first quarter ended March 31, 2024, as well as outlook for the second quarter and full year 2024. “We delivered both record total revenues and subscription revenues in the first quarter, making […]

South Korea Video Conferencing Boom: Market Rings Up $51 Million by 2028, Fueled by Rising ICT Spending (2023-2028): Ken Research

South Korea video conferencing market booms at 3.8% CAGR, reaching $51 million by 2028. Rising ICT spending fuels growth, with businesses embracing video conferencing. Government initiatives in e-learning and affordable solutions drive market expansion. This report empowers hardware makers, IT providers, and investors to capitalize on this opportunity. Gurugram, India, May 08, 2024 (GLOBE NEWSWIRE) […]

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