Techwire


Jumio Doubles Sales in Q2 2017 by Helping Banks and Financial Institutions Reliably Know Their Customers

Digital ID Verification Leader Opens Wall Street Presence to Better Serve U.S. Financial Services Customers PALO ALTO, CA–(Marketwired – Sep 6, 2017) – Jumio Corporation today announced that Q2 sales were up 87 percent year-over-year due to sales within the financial services sector, with large sales to major US banks, cryptocurrency exchanges, and payment platforms. […]

Tech CU Provides $3 Million Real Estate Loan to Fund the Acquisition of Commercial Property in San Jose, CA

Credit Union Partners with Former Intero Owners Tom Tognoli and John Thompson to Help Fuel Local Economy SAN JOSE, CA–(Marketwired – September 05, 2017) – Tech CU (Technology Credit Union) announced today that it is providing a $3 million commercial real estate loan to property developers and real estate investors Tom Tognoli and John Thompson, […]

Tech CU Wins Desjardins Adult Financial Education and Dora Maxwell Social Responsibility Awards Two Years in a Row

CUNA Awards Celebrate Tech CU’s Efforts to Teach Financial Education and Contribute to the Community SAN JOSE, CA–(Marketwired – August 10, 2017) – Tech CU (Technology Credit Union) today announced that it has won two CUNA awards: second place for the Desjardins Adult Financial Education award and an honorable mention for the Dora Maxwell Social […]

Symphony Software Foundation Sets Out to Build a New Fintech Innovation Model

Adds four new Silver Members: Arcontech, BankEX, Cloud9 Technologies and FinTech Studios PALO ALTO, CA–(Marketwired – July 25, 2017) – Symphony Software Foundation (the Foundation), the nonprofit organization fostering innovation in financial services through open source software (OSS), continues to build on its 2016 growth, paving the path for a new fintech innovation model based […]

Continuity Adds Alexandra Ramin to the Executive Team as Chief Product Officer

Company seeks to expand its product leadership with a seasoned product & integration professional NEW HAVEN, Conn., July 17, 2017 (GLOBE NEWSWIRE) — To help continue adoption across the industry, expand product offerings and quickly integrate targeted acquisitions, the company has hired Alexandra Ramin as its new Chief Product Officer. Alexandra (Alex) brings two decades […]

IIROC Extends Contract with Nasdaq SMARTS, Bolsters Surveillance Technology

TORONTO and NEW YORK, July 14, 2017 (GLOBE NEWSWIRE) — The Investment Industry Regulatory Organization of Canada (IIROC) and Nasdaq, Inc. (Nasdaq:NDAQ) have signed an agreement which extends the surveillance technology relationship between IIROC and Nasdaq’s SMARTS. In this new phase, IIROC will increase its capabilities in advancing its cross-market, multi-asset surveillance across five stock exchanges and eight […]

Tech Capital, LLC Provides $2 Million Asset-Based Loan to Gemini Duplication, Inc.

Loan will support company’s acquisition strategy and technology investments SAN JOSE, CA–(Marketwired – July 12, 2017) – Tech Capital, LLC, the asset-based finance company and wholly-owned subsidiary of Tech CU, today announced that it has originated a $2 million asset-based loan for Gemini Duplication, Inc. The company provides statewide legal document evidence retrieval for California […]

Jumio partners with Monzo for strong identity verification

Trusted identity verification expert joins with pioneering bank to verify new users and support Know-Your-Customer (KYC) requirements PALO ALTO, CA and LONDON, UNITED KINGDOM–(Marketwired – Jun 26, 2017) – Jumio, the creator of Netverify® Trusted Identity as a Service (TIaaS), has today announced a partnership with Monzo, which will see the digital challenger bank use […]

Tech CU Named a Top 100 Bay Area Corporate Philanthropist by San Francisco Business Times; Wins Stevie Awards for Financial Services Marketing Campaign of the Year and Annual Report and MAC Award for Best Annual Report

SAN JOSE, CA–(Marketwired – June 15, 2017) – Tech CU (Technology Credit Union) announced today it was selected as a Top 100 Bay Area Corporate Philanthropist by the San Francisco Business Times. The credit union also won two bronze Stevie Awards for Financial Services Marketing Campaign of the Year and Annual Report, and a silver […]

3d innovations Hires Industry and IPUG Vet John Ikel to Head up its Data Compliance and Licensing Function

LONDON, UNITED KINGDOM–(Marketwired – June 07, 2017) – 3d innovations (3di), a global data management software and services firm to buy and sell side participants, has hired market data specialist John Ikel from BNP Paribas to head up its main consulting and product unit for data governance. Janelle Veasey, director and co-founder, 3d innovations, said, […]

Mike Floyd Joins Tech CU as Chief Credit Officer and Executive Vice President

30-Year Industry Veteran Tapped to Ensure the Continued Safety and Soundness of Tech CU’s Loan Portfolio SAN JOSE, CA–(Marketwired – May 24, 2017) – Tech CU (Technology Credit Union) announced today that Mike Floyd has joined the company as its new Chief Credit Officer and Executive Vice President. An industry veteran, Floyd is responsible for […]

Titan Regulation and Eventus Systems Announce Strategic Partnership

Real-time analytics and risk mitigation system enhances the precision of audit services and reduces compliance costs and risks AUSTIN, Texas and SAN FRANCISCO, May 16, 2017 (GLOBE NEWSWIRE) — Titan Regulation (“Titan”), a provider of compliance solutions to the financial services industry, and Eventus Systems, Inc. (“Eventus”), a leading national provider of real-time analytics and risk […]

Tech CU Provides $8.5 Million Construction Loan for Presidio Bay Ventures to Create a Multifamily Development in San Francisco’s Dogpatch Neighborhood

First “Ground Up” Construction Project in San Francisco Broadens Tech CU’s Market Presence SAN JOSE, CA–(Marketwired – May 15, 2017) – Tech CU (Technology Credit Union) announced today that it is providing an $8.5 million construction loan for Presidio Bay Ventures, LLC. The loan will fund the development of a 20-unit, multifamily project in San […]

Tech CU Honored with Four Prestigious Award Wins

COO and EVP Jeannine Jacobsen Named a Silicon Valley Business Journal 2017 Woman of Influence; Tech CU also a Winner of the Hermes Creative Awards, AVA Digital Awards and a Credit Union Journal Best Practices Award SAN JOSE, CA–(Marketwired – May 01, 2017) – Tech CU (Technology Credit Union) today announced four significant award wins […]

Continuity Adds Industry Veteran to the Executive Team as Chief Sales Officer

Company seeks to accelerate its strong growth and expand its leadership with a seasoned, FinTech professional NEW HAVEN, Conn., May 01, 2017 (GLOBE NEWSWIRE) — After quarter over quarter client growth throughout 2016 and Q1 2017 Continuity’s RegAdvisor® Pro and RegControls™ proves to be the RegTech, compliance management solution financial institutions (FIs) need. To help […]

ONE Savings Bank PLC : Annual Financial Report

OneSavings Bank plc(the Company) 2016 Annual Report and Accounts The following regulated information, disseminated pursuant to DTR6.3.5, comprises the 2016 Annual Report and Accounts which was sent to shareholders of OneSavings Bank plc on 31 March 2017. A copy of the Annual Report and Accounts is available at www.osb.co.uk. Enquiries: OneSavings Bank plcNickesha Graham-BurrellDeputy Company […]

Skandiabanken becomes largest shareholder in Quantfolio. Increases focus on private savings.

Bergen 23.3.2017: Skandiabanken aims to strengthen the private savings division by offering robo-advisory services, simplified, and with transparent pricing. Friday the 17th of March Skandiabanken entered an agreement to purchase 39,9% of the shares in Quantfolio AS. The investment represents an important step in the banks ongoing work to further strengthen and facilitate user-friendly digital saving […]

Tech CU’s Jeannine Jacobsen Wins YWCA Silicon Valley Tribute to Women Award

SAN JOSE, CA–(Marketwired – March 13, 2017) – Tech CU (Technology Credit Union) announced today that Chief Operating Officer and Executive Vice President Jeannine Jacobsen has won the YWCA Tribute to Women Award. Since 1984, the YWCA Silicon Valley Tribute to Women Awards has honored women in executive level positions and the companies who employ […]

Finquest Acquires Detecq to Strengthen Presence in Asia’s Tech M&A sector

HONG KONG, CHINA and SINGAPORE–(Marketwired – Feb 22, 2017) – Finquest acquires Detecq to help global investors, M&A advisors and mid-sized Asian technology companies take advantage of booming interest in the tech sector Fast-growing global platform for mid-market direct investment and M&A in Asia adds tech sector expertise to strengthen presence and bring added values […]

Joe Anzalone Joins Housing Trust Silicon Valley’s Board of Directors

Board’s goal is to make housing more affordable in Silicon Valley SAN JOSE, CA–(Marketwired – February 15, 2017) – Today, Tech CU (Technology Credit Union) announced that its Executive Vice President and Chief Commercial Banking Officer, Joe Anzalone, has joined the Housing Trust Board of Directors. Founded in 1998, the Housing Trust’s mission is make […]

KBC Group: Ireland: new core market of KBC Group. KBC Bank Ireland : a Digital-First Customer Centric Bank. (incl Dutch & French attachm)

body { font-family: Arial, Verdana, Helvetica; font-size: 13px;} table.hugin { border-color:black;} td.hugin { padding: 3px; border-color:black;} Press Release Outside trading hours – Regulated information* Brussels, 9 February 2017 (07.00 a.m. CET) Ireland: new core market of KBC Group. KBC Bank Ireland : a Digital-First Customer  Centric Bank. During its meeting yesterday, the Board of Directors […]

KBC Group: Ireland new core market of KBC Group. KBC Bank Ireland : a Digital-First Customer Centric Bank.

body { font-family: Arial, Verdana, Helvetica; font-size: 13px;} table.hugin { border-color:black;} td.hugin { padding: 3px; border-color:black;} Press Release Outside trading hours – Regulated information* Brussels, 9 February 2017 (07.00 a.m. CET) Ireland: new core market of KBC Group. KBC Bank Ireland : a Digital-First Customer  Centric Bank. During its meeting yesterday, the Board of Directors […]

Metro Bank Accelerates Project Delivery Using Delphix

Delphix Software Dramatically Reduces Application Time, Enabling Bank to Achieve ROI in Just Six Weeks LONDON, UNITED KINGDOM–(Marketwired – Feb 8, 2017) – Delphix, the market leader in data virtualisation, has announced that the UK’s leading challenger bank, Metro Bank, has dramatically accelerated project delivery, cutting data provisioning time by 80 per cent, following the […]

Bottomline Technologies Set to Power Real-time Credit Transfers for European Banks

LONDON, Feb. 08, 2017 (GLOBE NEWSWIRE) — Bottomline Technologies (NASDAQ:EPAY), a leading provider of technology solutions to help businesses pay and get paid, has been named as a Front Runner Provider by EBA Clearing for the pan-European EBA SEPA Instant Credit Transfer Scheme. The new Instant Credit Transfer Scheme will enable businesses and consumers to […]

Tech CU Provides $7 Million Commercial Real Estate Loan to Dollinger Properties; Funds Innovations Health’s Acquisition of Local Pediatric Businesses via SBA (7) Loan

Loans will support the acquisition of a San Jose office building (Dollinger Properties) and facilities providing complex care to medically fragile children (Innovations Health) SAN JOSE, CA–(Marketwired – January 31, 2017) – Tech CU (Technology Credit Union) announced today that it has provided a $7 million commercial real estate loan to Dollinger Properties to support […]

Eagle Bancorp, Inc. Announces Record Earnings Representing a 16% Increase for the Full Year 2016 and a 15% Increase in Net Income for the Fourth Quarter 2016

BETHESDA, Md., Jan. 18, 2017 (GLOBE NEWSWIRE) — Eagle Bancorp, Inc. (the “Company”) (NASDAQ:EGBN), the parent company of EagleBank, today announced record quarterly net income of $25.7 million for the three months ended December 31, 2016, a 15% increase over the $22.3 million net income for the three months ended December 31, 2015.  Net income […]

Eze Software Group Opens Toronto Office

Builds On Continuous Growth in North America BOSTON, Dec. 20, 2016 (GLOBE NEWSWIRE) — Eze Software Group, a premier provider of global investment management technology, has opened a new office in Toronto. The Toronto location marks a new chapter in Eze Software’s growth in North America, enabling the team to provide faster on-the-ground support for […]

Polsinelli Hosts Panel on Recent Developments in FinTech and How They Will Affect Banking and Regulation

NEW YORK, NY–(Marketwired – Dec 15, 2016) –  Polsinelli, an Am Law 100 firm, held a panel discussion Thursday at their New York office about the legal and regulatory challenges banks are facing as they look to adopt to financial technology (FinTech).  The development of FinTech presents new opportunities for incumbent banks to revolutionize their […]

Corporate Banks Need Radical Shift to Remain Viable

As Costs Rise and Margins Fall, Institutions Must Commit to Strategic Digital Transformation and Sharply Lift Performance to Survive Industry Disruption and Emerge Stronger, Says Report by The Boston Consulting Group BOSTON, MA–(Marketwired – Dec 12, 2016) – Corporate banks must reinvent themselves to adapt to a new climate in which digitally enabled business models […]

Eventus Systems Adds Surveillance and Compliance for Global Futures Trading

The Fast Growing FinTech and RegTech Company Opens New York Office To Meet Increased Demand for Its Alert, Reporting and Monitoring Software Scott Schroeder, Managing Director, Eventus Systems Scott Schroeder will head up the New York office of Eventus Systems. AUSTIN, Texas, Nov. 17, 2016 (GLOBE NEWSWIRE) — Fresh off CEO Travis Schwab’s appearance on […]

Skandiabanken ASA : Chooses Bleed for rebranding

Skandiabanken has chosen the design studio Bleed as their main partner for rebranding of the digital challenger bank. Change of name and a new look and feel will be central parts of the assignment. Following a bureau competition, Norway’s leading internet bank has chosen  Bleed as their main partner in the process of strengthening the […]

Xenith Bankshares, Inc. Reports Third Quarter and Year-to-Date 2016 Results

Results Reflect the Reversal of Substantially All of the Remaining DTA Valuation Allowance RICHMOND, Va., Nov. 14, 2016 (GLOBE NEWSWIRE) — Xenith Bankshares, Inc. (Nasdaq:XBKS), parent company of Xenith Bank, formerly known as Hampton Roads Bankshares, Inc. (HMPR) and Bank of Hampton Roads, respectively, today announced financial results for the three and nine months ended […]

Tech CU Named One of Silicon Valley’s Most Philanthropic Companies and a Family Friendly Workplace; Wins Three International MarCom Awards for its Advertising Campaign, Website and Annual Report

SAN JOSE, CA–(Marketwired – November 01, 2016) – Tech CU (Technology Credit Union) today announced that it was named one of Silicon Valley’s most philanthropic companies by the Silicon Valley Business Journal, received a certificate of recognition for being a family friendly workplace and won three MarCom Awards: platinum for its Bank Happily Ever After […]

Tech CU Provides a $5.5 Million Commercial Loan for a Boutique Apartment Property in San Francisco’s Russian Hill

Loan will support new amenities, green building upgrades, accessory dwelling units SAN JOSE, CA–(Marketwired – October 26, 2016) – Tech CU (Technology Credit Union) announced today the funding of a $5.5 million commercial loan to support the refinance of a circa-1910 boutique apartment property located in the Russian Hill neighborhood of San Francisco. A portion […]

Canadian Small Businesses Anticipate Hiring Spree in 2017 – Equifax Canada Survey

43% Want to Grow But Have Limited Access to Business Financing TORONTO, ONTARIO–(Marketwired – Oct. 24, 2016) – (NYSE:EFX) – Three-in-four small business owners (77 per cent) say they will likely be hiring employees for new positions over the next 12 months, according to a survey conducted by Equifax Canada. Additionally, 43 per cent of […]

OnDeck Inks Agreement with Orchard

OnDeck selects Orchard Platform to provide reporting and data analytics for OnDeck Marketplace(R) NEW YORK, NY–(Marketwired – Oct 20, 2016) – Orchard Platform, the leading technology and data provider for online lending, today announced an agreement with OnDeck® (NYSE: ONDK), the leader in online lending for small business to provide OnDeck with an automated and […]

Eagle Bancorp, Inc. Announces Its 31st Consecutive Quarter of Record Earnings With Third Quarter 2016 Net Income Up 14% Over 2015

BETHESDA, Md., Oct. 19, 2016 (GLOBE NEWSWIRE) — Eagle Bancorp, Inc. (the “Company”) (NASDAQ:EGBN), the parent company of EagleBank, today announced record quarterly net income of $24.5 million for the three months ended September 30, 2016, a 14% increase over the $21.5 million net income for the three months ended September 30, 2015. Net income […]

Nvoicepay and Napier Park Financial Partners Close Growth Equity Investment

Napier Park Financial Partners Leads Round to Fuel Growth of Leading B2B Payment Automation Provider BEAVERTON, OR and SAN FRANCISCO, CA–(Marketwired – Oct 19, 2016) – Nvoicepay, the leader in payment automation software for the enterprise, and Napier Park Financial Partners, Napier Park Global Capital’s private equity group, jointly announced a $10 million growth equity […]

Eze Software Group Ranked Among Top 100 FinTech Companies

IDC, American Banker/BAI Recognize Growth, Service BOSTON, Oct. 05, 2016 (GLOBE NEWSWIRE) — Eze Software Group, a premier provider of global investment technology, has been ranked among the top 100 financial technology companies in two prestigious industry surveys. Eze was ranked #52 in the American Banker/BAI Fintech Forward ranking, and #57 in IDC Financial Insights’ […]