Techwire


Ebix Signs Agreement to Acquire Yatra Online, Creating India’s Leading Travel Services Platform

•  Strategic Combination Broadens Capabilities to Capture Growing Multi-Billion Dollar Opportunity in India •  Expected to Generate 40 to 75 cents of Accretion to Ebix’s non-GAAP EPS within 9 to 12 Months Following Closing Companies to Hold a Joint Conference Call over the Next Few Days GURUGRAM, India and NOIDA, India and ATLANTA and NEW YORK, July […]

Live Oak Bancshares, Inc. Announces Date of Second Quarter 2019 Financial Results

WILMINGTON, N.C., July 10, 2019 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (“Live Oak”) (Nasdaq: LOB) today announced that it will report its second quarter 2019 financial results after U.S. financial markets close on Wednesday, July 24, 2019. In conjunction with this announcement, Live Oak will host a conference call to discuss the company’s financial results and […]

FinovateFall 2019 Kicks off the Fall Season with International Lineup of Fintech Leaders

NEW YORK, July 08, 2019 (GLOBE NEWSWIRE) — via NetworkWire – Finovate, a leading producer of global fintech conferences, returns to New York City with the fall season’s premier event showcasing cutting-edge banking and financial technology at FinovateFall 2019, slated for Sept. 23-25 at the New York Marriott Marquis on Broadway in the city’s vibrant […]

DXC Technology and Zafin Partner to Help Banks Manage Conduct Risk and Increase Customer Lifetime Value

Joint proposition enables Hogan core banking clients to enhance the sophistication and speed to market of today’s product and pricing strategies TORONTO and NEW YORK, June 27, 2019 (GLOBE NEWSWIRE) — DXC Technology, the world’s leading independent, end-to-end IT services company, and Zafin, a leading provider of product and pricing control solutions for financial institutions, […]

FactSet Achieves Solid Revenue and Strong EPS Growth in Third Quarter 2019

NORWALK, Conn., June 25, 2019 (GLOBE NEWSWIRE) — FactSet (the “Company”) (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, today announced results for its third quarter ended May 31, 2019. Third Quarter Fiscal 2019 Highlights Revenues increased 7.2% or $24.6 million to $364.5 million compared with $339.9 million for […]

Ebix Successfully Expands the A.D.A.M. Health Services Business to India with Key Healthcare Client Wins

JOHNS CREEK, Ga., June 24, 2019 (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 announced that it has successfully built the A.D.A.M. Health services Division in India, with annualized revenue streams of approximately $3.5 to $4 million a […]

Mogo Finance Technology and Difference Capital Announce Completion of Business Combination and Formation of Mogo Inc.

VANCOUVER, British Columbia, June 21, 2019 (GLOBE NEWSWIRE) — Mogo Finance Technology Inc. (TSX:MOGO) (NASDAQ: MOGO) (“Mogo“) and Difference Capital Financial Inc. (now “Mogo Inc.”) (TSX: DCF) (“Difference” or, following the Arrangement (as defined below), the “Combined Entity”) are pleased to announce the completion of Mogo’s previously announced arrangement (the “Arrangement”) under the Business Corporations […]

The Global Biometrics Market for Banking & Financial Services, 2019 – Iris Biometrics Poised for Strong Growth

Dublin, June 19, 2019 (GLOBE NEWSWIRE) — The “The Global Biometrics Market for Banking & Financial Services, 2019” report has been added to ResearchAndMarkets.com’s offering. This report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for the period 2016 through 2024. Also, […]

Compliance.ai Announces AI-technology Advancements Within its Modern RCM Solution for Chief Compliance Officers

Company unveils new features and publishes white paper detailing how regtech is improving regulatory compliance for the financial services industry SAN FRANCISCO, June 18, 2019 (GLOBE NEWSWIRE) — Compliance.ai today announced the availability of new features to its Modern Regulatory Change Management (RCM) solution, an award winning and industry recognized regulatory compliance product that automates […]

Luvleen Sidhu, Co-Founder of BankMobile, to Speak at the FORTUNE Brainstorm Finance Conference in Montauk, NY

Sidhu to Participate on “Will Banks Matter in the Future?” Panel on June 20, 2019 Luvleen Sidhu, Co-Founder, President and Chief Strategy Officer of BankMobile, will be speaking at the FORTUNE Brainstorm Finance conference on June 20, 2019 in Montauk, NY. New York, NY, June 18, 2019 (GLOBE NEWSWIRE) — BankMobile, a division of Customers […]

Ebix Commences EbixCash IPO Process while Targeting a Q2 2020 IPO

JOHNS CREEK, Ga., June 18, 2019 (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 announced that its Board of Directors has approved the process of appointment of up to five investment bankers, with an initial public offering (IPO) […]

Ebix Is Not Aware of Any News, Events or Tariffs that Would Negatively Impact its Business or Account for Today’s Abnormal Trading Activity

Reiterates Goal of Achieving Greater Than $800M in Annualized Quarterly Revenues by 2019 JOHNS CREEK, Ga., June 17, 2019 (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 announced today that it is not aware of any news, events […]

Bottomline Technologies Powers Real-time Payment Innovation through Partnership with Starling

Customers get an easier, cost effective way to process 24×7 real-time payments LONDON, June 17, 2019 (GLOBE NEWSWIRE) — Bottomline Technologies (NASDAQ:EPAY), a leading provider of financial technology that helps make complex business payments simple, smart and secure, today announced its partnership with Starling Bank, the leading digital banking platform, and the launch of Bottomline’s […]

Sensibill Partners With NCR To Simplify Receipts

NCR bank customers can save time and money with smarter receipt and expense tracking TORONTO, June 14, 2019 (GLOBE NEWSWIRE) — Sensibill, a digital receipt and data provider, announced today that it will partner with NCR Corporation (NYSE: NCR), a leader in banking and commerce solutions, to allow bank customers to store, organize and manage […]

Ebix Signs Centaurus Financial, Inc. to their AnnuityNet Platform

JOHNS CREEK, Ga., June 13, 2019 (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 announced that it has continued to expand on its market share in the industry by partnering with Centaurus Financial, Inc. (Centaurus) to offer annuity […]

Payveris Closes $7M Series D Round

Funding to Further Accelerate Growth and Platform Expansion CROMWELL, Conn., June 13, 2019 (GLOBE NEWSWIRE) — Payveris LLC, the fastest-growing provider of digital money movement technology to financial institutions, announced the completion of the company’s Series D funding round to accelerate client acquisition, platform innovation and the scale-up of the organization as the company continues […]

Volly Launches Point-of-Sale Mobile App and Rebrands CRM Mobile App

New tools empower loan officers to do more business in less time Woburn, Mass., June 10, 2019 (GLOBE NEWSWIRE) — Volly, a leading provider of SaaS-based CRM, Marketing Automation, Marketing Store and POS solutions for banks and mortgage companies, today announced the launch of a new POS mobile app and a rebranding of the existing […]

Liberty Bankers Life Insurance Company Signs Contract to Utilize Ebix’s Annuity Exchange Platform

JOHNS CREEK, Ga., June 04, 2019 (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 announced that it has continued to expand on its market share in the industry by partnering with Liberty Bankers Life Insurance Company to offer […]

Archer Ecosystem Adds BITA Risk Platform From corfinancial

BERWYN, Pa., June 04, 2019 (GLOBE NEWSWIRE) — corfinancial, a leading provider of specialist software and services to the Financial Services sector, has been chosen by technology and services innovator Archer to provide Archer’s investment management clients with advanced portfolio and model construction through the integration of corfinancial’s BITA Risk suite of products. In recent […]

Biz2Credit Announces $52 Million Series B Investment from WestBridge Capital

Investment will support continued rapid growth and global expansion of Biz2Credit’s Biz2X Digital Banking and Data Analytics platform NEW YORK, June 04, 2019 (GLOBE NEWSWIRE) — Biz2Credit Inc., the leading online lending platform that helps banks and other financial institutions manage small and medium business (SMB) lending processes and makes it easier and faster for […]

Correction: PayPoint plc: Preliminary results

Correction: This version of the Preliminary Results amends an error in PayPoint plc’s first quarterly dividend record date. The announcement issued on 23 May 2019 stated that the final dividend of 23.6 pence per share was payable in equal instalments to shareholders on the register on 5 July 2019 and 6 September 2019. The dividend […]

Purpose Financial Announces the Acquisition of CreditGenie Inc.

TORONTO, May 27, 2019 (GLOBE NEWSWIRE) — Purpose Financial (“Purpose”) today announced the acquisition of CreditGenie Inc. (“CreditGenie”, or the “Company”), a Canadian technology company that aims to disrupt the point-of-sale financing experience for merchants and consumers. CreditGenie, based in Toronto, was founded in 2016 by entrepreneurs Alex Kaplunov and Daniel Shain. The Company supports […]

Volly Announces #summit11 Conference

Woburn, Mass., May 23, 2019 (GLOBE NEWSWIRE) — Volly, a leading provider of SaaS-based marketing automation, CRM, and POS solutions for banks and mortgage companies, announces its #summit11 conference that is being held June 10-12 at the Museum Hotel in Kansas City, Mo. This year’s conference theme – Engage, Evolve – will create a dynamic […]

PayPoint plc: Preliminary results

PayPoint plc Preliminary resultsYear ended 31 March 2019 FINANCIAL HIGHLIGHTS Year ended 31 March 2019 2018 Change Revenue £211.6m £213.5m (0.9)% Net revenue1 £116.6m £119.6m (2.5)% Operating margin2 46.3% 44.7% 1.6ppts Profit before tax excluding exceptional items £53.8m £52.9m 1.6% Profit before tax £54.7m £52.9m 3.3% Diluted earnings per share 64.8p 62.7p 3.3% Cash generation3 £62.8m […]

Micronotes Names Fintech Veteran David Stansel VP of Regional Sales

Leader in AI-driven marketing automation adds Stansel’s deep experience selling to large banking institutions BOSTON, May 22, 2019 (GLOBE NEWSWIRE) — Micronotes, the leading provider of artificially intelligent marketing automation for digital banking, today announced the appointment of David Stansel as regional vice president of sales. Stansel joins the company from FIS, where he was […]

Atos Named a Leader in Digital Banking in AI and Automation by Research Firm NelsonHall

                    Atos Named a Leader in Digital Banking in AI and Automation by Research Firm NelsonHall Paris, May 22 2019 – Atos, a global leader in digital transformation, today announced it has been positioned as a leader in Robotic Process Automation (RPA) and Artificial Intelligence (AI) […]

Ebix Declares 7.5 Cent Quarterly Dividend, Payable June 14, to Shareholders of Record May 31, 2019

JOHNS CREEK, Ga., May 21, 2019 (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 its Board of Directors has declared a regular quarterly dividend of 7.5 cents per common share. The dividend is payable June […]

SE2 Makes Majority Investment in InsurTech Company Life.io

New capabilities will allow SE2 and Life.io to further accelerate how insurance carriers personalize and gamify products for increased engagement TOPEKA, Kan., May 21, 2019 (GLOBE NEWSWIRE) — SE2, a recognized industry leader providing technology driven third-party administration services for many of the top life insurance companies in the US, announced an increased investment in […]

EbixCash’s Trucking Logistics Exchange – Routier Reports Strong Sales Momentum and Targets Annualized Revenue of $20 million by Q4 2019

JOHNS CREEK, Ga., May 13, 2019 (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 its Routier trucking logistics exchange has registered strong organic growth over the last few months, while attempting to redefine the way […]

Ebix Reports Record Results with Q1 2019 GAAP Operating Cash Flow of $38.5 Million on 51% Growth and GAAP Revenues of $142.9M on 32% Growth

Non-GAAP Q1 2019 EPS Rose 25% to $1.04 JOHNS CREEK, Ga., May 09, 2019 (GLOBE NEWSWIRE) — Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, e-governance and healthcare industries, today reported results for its first quarter ended March 31, 2019. Ebix will host a conference […]

Micronotes Posts Triple-Digit YOY Client Growth in Q1 2019

Leading provider of AI-driven marketing automation for banking continues momentum by adding new clients, including $6B Dime Community Bank BOSTON, May 07, 2019 (GLOBE NEWSWIRE) — Micronotes, the leading provider of artificially intelligent marketing automation for digital banking, today announced that the company doubled its client count in the first quarter of 2019, as compared […]

Times Network interviews Ebix CEO Robin Raina for the "Inspiration Inc.” Series

ATLANTA, May 06, 2019 (GLOBE NEWSWIRE) — Ebix, Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries today issued a media advisory that its CEO Robin Raina was featured in an interview by Times Network Chief Editor Mihir Bhatt for ET Now and Times TV, […]

Micronotes CEO Devon Kinkead to Speak at Fiserv Forum

Artificial intelligence company founder to present ‘Empowering the Digital Marketer’ by leveraging machine learning to engage digital banking users who rarely visit branches BOSTON, May 02, 2019 (GLOBE NEWSWIRE) — Micronotes, the leading provider of artificially intelligent marketing automation for digital banking, announced today that CEO Devon Kinkead will be a featured speaker at Fiserv […]

Ebix Hosts Q1 Investor Call Thursday, May 9th at 11:00 a.m. ET

JOHNS CREEK, Ga., May 02, 2019 (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 the Company will report its 2019 first quarter results on May 9, 2019 and will host an investor conference call at […]

EbixCash Technology Services Division Targets Reports Strong Sales Momentum, while Adding 10 New Institutional Clients in the Last 90 Days

JOHNS CREEK, Ga., May 01, 2019 (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 its EbixCash Financial Technology Division has successfully established itself as a leader in each of the technology segments that it is […]

Liquid Payments Uses Robotics to Streamline Financial Operations for Healthcare Providers

Highly integrated solution with any EMR; increases accuracy; reduces cost! FORT LAUDERDALE, Fla., April 25, 2019 (GLOBE NEWSWIRE) — Liquid Payments, Inc., a financial technology innovator in the healthcare payments space, leverages AI-based technology and robotics to enhance its payments processing platform.  Designed for medium- to larger-sized healthcare providers, the Liquid “Bot” enables seamless and […]

Live Oak Bancshares, Inc. Reports First Quarter 2019 Results

WILMINGTON, N.C., April 24, 2019 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (Nasdaq: LOB) (“Live Oak” or “the Company”) today reported first quarter net earnings available to common shareholders of $2.4 million, or $0.06 per diluted share, compared to $12.5 million, or $0.30 per diluted share, for the first quarter of 2018.  “Live Oak diligently […]

Personalizing the Customer Journey is Now Possible with Total Expert’s Journey Creator

65 percent of consumers say they have cut ties with a brand after just one subpar experience, making it critical to create an amazing customer experience MINNEAPOLIS, April 24, 2019 (GLOBE NEWSWIRE) — Banks and lenders have invested billions of dollars on their brand to acquire and retain “customers for life” but this is more […]

Parent Company of Quicken Loans Acquires Lendesk — Leading Canadian Mortgage Tech Startup

Rock Holdings’ investment to accelerate development of Lendesk’s mortgage origination network, streamlining Canadian mortgage broker and lender workflows while increasing security VANCOUVER, British Columbia, April 24, 2019 (GLOBE NEWSWIRE) — Lendesk, Canada’s premier FinTech company providing technology to connect mortgage brokers with the country’s top lenders, today announced Rock Holdings, the parent company of Quicken […]