API-ready data access improves flexibility and reduces the need for costly data warehouse BERWYN, Pa., Oct. 04, 2018 (GLOBE NEWSWIRE) — Archer®, one of the investment management industry’s leading technology and operations providers, today announced that it has launched the Archer Data Mart, a secure access point for asset managers to use data on their […]
Burdened by student loans and other concerns, more young families are delaying buying life insurance. Sixty percent face bankruptcy or hardship should a primary breadwinner die, a new survey of 1,000 millennials shows LAS VEGAS, Oct. 03, 2018 (GLOBE NEWSWIRE) — Millennial families are not buying life insurance at nearly the pace of previous generations. […]
CROMWELL, Conn., Oct. 03, 2018 (GLOBE NEWSWIRE) — Payveris LLC, the fastest-growing provider of digital money movement technology to financial institutions, was honored with Best-in-Show at PayThink 2018 for its demonstration of the company’s innovative MoveMoney Platform. “Over the last twenty-five years, digital banking and payments have become increasingly complex,” said Nate Dudek, chief technology […]
Giving QIB Open Banking capabilities compliant with the prevailing PSD2 regulation in Europe NEW YORK and LONDON and DUBAI, United Arab Emirates and MEXICO CITY, Oct. 02, 2018 (GLOBE NEWSWIRE) — Volante Technologies Inc., a global provider of software for accelerated end-to-end payments processing, today announced that Qatar Islamic Bank UK plc (QIB) has selected […]
Simplified access to consolidated account information facilitates client communication BERWYN, Pa., Sept. 27, 2018 (GLOBE NEWSWIRE) — Archer®, a technology and services innovator for the investment management industry, has introduced an Account Review Center in its latest technology release. The Account Review Center draws from Archer’s fully integrated platform to provide a single-source view of […]
WILMINGTON, N.C., Sept. 26, 2018 (GLOBE NEWSWIRE) — Live Oak Bank announced today that its Board of Directors has appointed Huntley Garriott as bank president effective Monday, Sept. 24, 2018. Garriott, former partner at Goldman Sachs, brings a wealth of experience as Live Oak Bank continues to expand into new industries, products and solutions to […]
Corvil’s AI-powered Intelligence Hub providing live insight for effective and efficient management of Order-to-Transaction Ratio (OTR) compliance DUBLIN, Ireland, Sept. 26, 2018 (GLOBE NEWSWIRE) — Corvil today announced that Flow Traders, a leading global technology-enabled liquidity provider specialized in Exchange Traded Products (ETPs), has deployed Corvil’s Intelligence Hub to streamline compliance with Order to Transaction […]
Firm recognized as a front-runner for its Unity NXT Regulatory Reporting solution Pittsburgh, PA, Sept. 26, 2018 (GLOBE NEWSWIRE) — Confluence, the global leader in investment data management automation for regulatory, financial and investor reporting, today announced that its Unity NXT® Regulatory Reporting solution has been shortlisted as a finalist for Best Regulatory Data Management […]
Fiscal 2018 results lead to 38 consecutive years of revenue growth NORWALK, Conn., Sept. 25, 2018 (GLOBE NEWSWIRE) — FactSet (the “Company”) (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, today announced its results for the fourth quarter ended August 31, 2018. Fourth Quarter Fiscal 2018 Highlights Revenues increased […]
Company Bolsters Executive Team with New VP of Sales to Meet Growing Demand SAN FRANCISCO, Sept. 20, 2018 (GLOBE NEWSWIRE) — AI Summit — Today at AI Summit leading RegTech provider Compliance.ai announced two major milestones as its business picks up momentum, including new international capabilities and a new executive team member. Compliance.ai has widened […]
Pittsburgh, PA, Sept. 19, 2018 (GLOBE NEWSWIRE) — Confluence, the global leader in investment data management automation for regulatory, financial and investor reporting, today announced that their clients – fund administrators and asset managers servicing or managing over 75% of ’40 Act funds – are meeting their Form N-PORT reporting obligations and have filed their […]
WILMINGTON, N.C., Sept. 18, 2018 (GLOBE NEWSWIRE) — As a member of the Wilmington community, Live Oak Bank understands the impact from Hurricane Florence is far from over. We are fortunate to report today that there has been no interruption to service of our customers. Our headquarters have sustained only minimal damage, and our employees […]
Uses technology to deepen, scale human-centered customer serviceForms new fintech relationship to lay groundwork for Go-To Small Business PORTLAND, Ore., Sept. 13, 2018 (GLOBE NEWSWIRE) — Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ: UMPQ), announced today the launch of Umpqua Go-To™, the bank’s first human digital banking platform made publicly available to current […]
SAN FRANCISCO, CA, Sept. 12, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – APT Systems, Inc. (OTC Pink: APTY), a fully-reporting, publicly-traded, fintech company, unveiled its new primary logo along with its family of updated logos on Twitter yesterday, see @APTYsys. The new focused ‘A’ is the evolution of our existing logo that marks the start […]
JOHNS CREEK, Ga., Sept. 04, 2018 (GLOBE NEWSWIRE) — Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today announced that one of its Indian subsidiaries has signed the agreement to acquire Mumbai based Miles Software for an amount of approximately $19 […]
Solution increases revenue and reduces cost FORT LAUDERDALE, Fla., Aug. 29, 2018 (GLOBE NEWSWIRE) — Liquid Payments, Inc., a financial technology innovator in the medical payments space, announces integration with Heartland Payment Systems (HPS), a Global Payments Company and leading worldwide provider of payments technology and software solutions. Designed for healthcare providers and medical billing […]
WILMINGTON, N.C., Aug. 28, 2018 (GLOBE NEWSWIRE) — Live Oak Bank has been selected as the winner of the 2018 BAI Global Innovation Awards in the internal process innovation category for converting all bank operations completely to the cloud. “Live Oak Bank completely transitioned its internal IT infrastructure and all applications to a pure cloud environment,” […]
Collaboration to Enhance the Kony DBX Portfolio of Next Generation Digital Application and Platform Offerings CROMWELL, Conn., Aug. 28, 2018 (GLOBE NEWSWIRE) — Kony, Inc., a leading provider of digital banking solutions, today announced a strategic partnership with Payveris LLC, the fastest-growing provider of digital money movement technology to financial institutions. By collaborating with Payveris, […]
Sheila Ryan joins Clear Capital as Chief People Officer Clear Capital announced Sheila Ryan has joined the company as Chief People Officer National real estate technology company hires 116 people so far this year RENO, Nev., Aug. 16, 2018 (GLOBE NEWSWIRE) — Clear Capital today announced Sheila Ryan has joined the company as Chief People […]
SCHAUMBURG, Ill., Aug. 15, 2018 (GLOBE NEWSWIRE) — Paylocity Holding Corporation (Nasdaq: PCTY), a leading cloud-based provider of payroll and human capital management software solutions, announced today its attendance at two upcoming investor conferences. Chief Financial Officer Toby Williams and VP of FP&A and Investor Relations, Ryan Glenn, will attend the Raymond James SMID Cap […]
TORONTO, Aug. 14, 2018 (GLOBE NEWSWIRE) — Progressa, a Vancouver and Toronto based financial technology company, announced today it has successfully closed an $84 million equity and loan funding round. The equity financing was co-led by Canaccord Genuity Corp. and Gravitas Securities Inc. and included Eight Capital and Paradigm Capital as part of the syndicate. […]
NORWALK, Conn., Aug. 10, 2018 (GLOBE NEWSWIRE) — FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading services, today announced that its Board of Directors approved a regular quarterly cash dividend of $0.64 per share. The cash dividend will be paid on September 18, 2018 to holders of record of […]
LONDON, Aug. 08, 2018 (GLOBE NEWSWIRE) — As economic growth in Egypt continues to pick up, thanks to increased foreign investment and robust domestic consumption, stability endures in Egypt’s financial sector. Against this positive backdrop, a number of key financial players in Egypt are pressing forward with innovation and expansion – bringing with them new […]
JOHNS CREEK, Ga., Aug. 02, 2018 (GLOBE NEWSWIRE) — Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today announced that one of its Indian subsidiaries has signed agreements to acquire Mumbai based Mercury Travels and Delhi based Leisure Corp for a […]
NORWALK, Conn., July 27, 2018 (GLOBE NEWSWIRE) — FactSet, a global provider of integrated financial information, analytical applications, and industry-leading services, today announced that Helen Shan will join as Chief Financial Officer (CFO) in September, 2018. Shan has more than 25 years of experience in business and financial services, and has held key executive roles […]
WILMINGTON, N.C., July 25, 2018 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (Nasdaq:LOB) (“Live Oak” or “the Company”) today reported second quarter net earnings available to common shareholders of $14.3 million, or $0.34 per diluted share, compared to $9.8 million, or $0.27 per diluted share, for the second quarter of 2017. “The power of the […]
The financial technology accelerator is recognized as a technology disruptor. Overland Park, Kan., July 24, 2018 (GLOBE NEWSWIRE) — ScratchWorks, a financial technology accelerator that connects innovative technology companies with investment and wealth management industry leaders, today announced it has been honored as a 2018 Industry Award finalist by WealthManagement.com. The recognition honors outstanding achievement […]
JOHNS CREEK, Ga., July 20, 2018 (GLOBE NEWSWIRE) — Ebix, Inc. (NASDAQ:EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries, today announced that it has acquired India based Indus Software Technologies Pvt. Ltd. (Indus), a global provider of enterprise Lending software solutions to financial institutions, […]
FinTech duo recognised for exceptional user experience during the account onboarding process Jumio and Monzo win two gold awards at UK Digital Awards 2018 FinTech duo Jumio and Monzo were recognised for exceptional user experience during the account onboarding process. LONDON, July 18, 2018 (GLOBE NEWSWIRE) — Jumio and Monzo have been recognised for their […]
Bergen, 13 July 2018. The Sbanken group had a strong growth in lending in the second quarter of 2018.The net profit increased to NOK 209.2 million, compared with NOK 154.7 million in the second quarter last year. The increase in profit was primarily a result of gains from the Vipps, BankAxept and BankID merger and […]
New Leadership Bolsters Umpqua’s Innovation Arm Shawn Ahmed President & CEO of Pivotus, Inc. PORTLAND, Ore., July 12, 2018 (GLOBE NEWSWIRE) — Umpqua Holdings Corporation (NASDAQ:UMPQ), the parent company of Umpqua Bank, has appointed Shawn Ahmed as the new president and chief executive officer of Pivotus, the company’s innovation arm. With years of expertise leading both […]
LONDON, July 09, 2018 (GLOBE NEWSWIRE) — Going to the bank no longer means walking into a local branch. As technology advances, the way people interact with their money is changing dramatically, with most banking now being carried out in the digital realm. Agile financial technology companies are accelerating their disruption of traditional banking practices, […]
LONDON, July 06, 2018 (GLOBE NEWSWIRE) — Financial firms must quickly come to grips with two complex issues to survive in the marketplace for the long haul: digitalisation and sustainability. Digital innovations offer opportunities that could foster radical change in the financial sector, but regulators are struggling to keep up with the pace, while data […]
The company’s portfolio includes cognitive intelligence, complete banking management, multi-channel, virtual reality and security. SOUTHFIELD, Mich., June 28, 2018 (GLOBE NEWSWIRE) — Stefanini, a $1B global IT provider, presented its portfolio of banking solutions at CIAB’s largest technology event for the financial sector, held June 12-14 in Sao Paulo, Brazil. Aligned with the new needs […]
WILMINGTON, N.C., June 14, 2018 (GLOBE NEWSWIRE) — Live Oak Bank has reached a milestone in closing over 100 renewable energy loans in just a year and a half, providing more than $500 million in financing to renewable energy project developers nationwide. Live Oak is the largest USDA Rural Energy for America (REAP) lender in the nation […]
Joint offering additionally helps customers to comply with PSD2, AMLD5 and eIDAS regulations SAN DIEGO and TRONDHEIM, Norway, June 04, 2018 (GLOBE NEWSWIRE) — Mitek (NASDAQ:MITK) a global leader in digital identity verification software solutions, and Signicat, the world’s leading trusted digital identity provider, today announced a partnership to improve the digital customer on-boarding process […]
WILMINGTON, N.C., May 31, 2018 (GLOBE NEWSWIRE) — Live Oak Bank has reached a milestone in closing more than $100 million in financing to the insurance industry nationwide including retail agents, managing general agencies, and third-party administrators. Live Oak is one of the top insurance lenders in the country, according to data from the Small Business Administration, […]
Corvil’s UTC Traceability solution for MiFID and CAT compliance recognized for its innovation and value in accelerating customer compliance with emerging regulations Corvil Wins Best Time Synchronisation Solution at A-Team Group’s RegTech Awards 2018 – Corvil’s UTC Traceability solution for MiFID and CAT compliance recognized for its innovation and value in accelerating customer compliance with […]
LoanSphere Expedite enables electronic signature and document fulfillment capabilities for Lender Price’s Point of Sale Digital Lending solution Black Knight’s open API expansion allows for simplified loan solutions for digital mortgage POS providers Expedite APIs enable consistency of loan-related data and documents throughout the loan process Black Knight’s centralized digital API marketplace fosters innovation in […]
Tech CU Advances 49 Spots in One Year and Claims no. 1 spot in California SAN JOSE, Calif., April 03, 2018 (GLOBE NEWSWIRE) — Tech CU (Technology Credit Union) announced today it was named the number 3 best-performing credit union among 538 credit unions in the U.S. by S&P Global Market Intelligence, a leader in […]
