Techwire


OKX Ventures Leads US$1.5 Million Seed Funding Round for BlockBooster

SINGAPORE, May 08, 2024 (GLOBE NEWSWIRE) — OKX Ventures, the investment arm of the leading cryptocurrency exchange and Web3 technology company OKX, has led a US$1.5 million seed funding round for BlockBooster, an Asia-centered venture studio. The funding round also saw participation from Conflux Network, Neighbor Capital Series, IceRiver Venture, and Bitcoin Lab, among others. […]

Flywire Reports First Quarter 2024 Financial Results

First Quarter Revenue Increased 21% Year-over-Year First Quarter Revenue Less Ancillary Services Increased 24% Year-over-Year Company Provides Second Quarter and Fiscal-Year 2024 Outlook BOSTON, May 07, 2024 (GLOBE NEWSWIRE) — Flywire Corporation (Nasdaq: FLYW) (“Flywire” or the “Company”) a global payments enablement and software company, today reported financial results for its first quarter ended March […]

Lesaka to acquire leading payment platform Adumo welcoming new shareholders Apis and ARC

JOHANNESBURG, South Africa, May 07, 2024 (GLOBE NEWSWIRE) —  Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) (“Lesaka”) has signed a definitive agreement to acquire Adumo RF (Pty) Ltd (“Adumo”) for ZAR 1.59 billion ($85.9 million translated at the prevailing rate $1: ZAR 18.50 as of May 7, 2024). The transaction is subject to shareholder and […]

Northern Trust and EDS Selected by Cornerstone FTM for Research Management and Portfolio Construction Capabilities

Asset manager demand for advanced front-office support propels growth of Investment Data Science business at Northern Trust CHICAGO–(BUSINESS WIRE)–#assetmanagement–Northern Trust (Nasdaq: NTRS) announced today that Cornerstone FTM, a financial technology focused investment fund, has selected Northern Trust and its strategic partner, Equity Data Science (EDS), for Research Management System (RMS) and Portfolio Construction solutions. Cornerstone […]

Saifr Expands AI-Powered Offerings for Regulatory Compliance

Saifr’s enhanced risk detection capabilities help marketing and compliance teams comply with complex regulations BOSTON–(BUSINESS WIRE)–Saifr®, a compliance solutions provider that uses artificial intelligence (AI) to help financial services firms mitigate regulatory risks, today announced expanded AI capabilities that help firms develop compliant, marketing-optimized content more efficiently. Saifr’s new, AI-enabled compliance analytics can now detect […]

Future Capital and Money Concepts Partner to Enable Financial Advisors to Succeed at the Convergence of Wealth and Retirement

CHATTANOOGA, Tenn.–(BUSINESS WIRE)–#Retirement—Future Capital, a tech-enabled registered investment advisor (RIA), and Money Concepts, a privately owned broker dealer, today announce their strategic partnership. This collaboration will bolster Money Concepts’ services, enhancing its solutions that encourage better retirement outcomes. Future Capital enables advisors to seamlessly manage their existing wealth management clients’ held-away 401(k) assets, with or […]

Nacha Announces Orum as a Preferred Partner for ACH Experience and Nacha Certified

MIAMI BEACH, Fla.–(BUSINESS WIRE)–Orum, which offers an API for fast, reliable payments, is now a Nacha Preferred Partner for ACH Experience and has also attained Nacha Certified status. Orum optimizes and automates ACH payment processes for businesses and institutions via its money movement solution, Deliver, and its instant bank account verification technology, Verify. The modern […]

GWN Securities Selects Advisor360° to Fuel New Technology Platform

Investment Signals a Focus on Empowering Financial Advisors Nationwide WESTON, Mass. & PALM BEACH GARDENS, Fla.–(BUSINESS WIRE)–#ConnectedWealth—GWN Securities, Inc., a national independent broker-dealer and RIA, has chosen Advisor360° to deliver its unified multi-custodial Account Opening solution and flexible wealth management platform as the new foundation for its technology stack. The move reinforces the firm’s deep […]

City National Bank Names Rick Bechtel as Head of Mortgage & Residential Lending

LOS ANGELES, May 07, 2024 (GLOBE NEWSWIRE) — City National Bank announced today that Rick Bechtel has joined the bank as executive vice president and head of mortgage & residential lending. Bechtel brings with him more than 30 years of experience in the residential lending industry with expertise in building and optimizing mortgage, home equity […]

MDT Named a Best Place to Work in Financial Technology for Fifth Consecutive Year

CUSO recognized for dynamic, fulfilling and inclusive work environment FARMINGTON HILLS, Mich.–(BUSINESS WIRE)–Member Driven Technologies (MDT), a CUSO that hosts the Symitar core processing system from Jack Henry™ to provide a private cloud alternative for core processing and IT needs, today announced its fifth consecutive recognition as one of the Best Places to Work in […]

FIS Launches Innovative New Fintech Platform – Atelio™ by FIS

Key Facts: Atelio by FIS is an innovative fintech platform that provides the building blocks for financial institutions, businesses and software developers to embed financial services into their offerings. Building on FIS’ history of financial innovation and focus on the financial services industry, Atelio accesses FIS’ scaled technology, broad suite of financial service capabilities, and […]

PayNearMe Partners With Trustly to Enhance Open Banking Technology

iGaming and Online Sports Betting clients benefit from Trustly’s guaranteed ACH payment option integrated into the MoneyLineTM Platform SECAUCUS, N.J.–(BUSINESS WIRE)–SBC SUMMIT NORTH AMERICA – PayNearMe, the fintech company bringing progress to payments, today announced a partnership with Trustly, the global leader in open banking payments. The integration of Trustly’s Open Banking solution provides operators […]

Press Release – Rinf.tech: Translating IoT promises into tangible gains

BUCHAREST, Romania, May 07, 2024 (GLOBE NEWSWIRE) — The Internet of Things (IoT) technology is becoming increasingly attractive and accessible for businesses. The growing interest in IoT applications is demonstrated by the evolution of the global market—according to estimates by Fortune Business Insights, its value is expected to rise from USD 714.5 billion in 2024 […]

WESLEY FINANCIAL GROUP CONTINUES TO ADVOCATE FOR CONSUMERS AGAINST TIMESHARE COMPANIES

Company has now helped more than 40,000 rid themselves of burdensome timeshare ownership FRANKLIN, TN, May 07, 2024 (GLOBE NEWSWIRE) — Just months after hitting the threshold of helping more than 40,000 families escape from timeshares, Wesley Financial Group LLC (WFG), a leader in timeshare cancellations, has now hit the 40,000 mark. This represents a savings of […]

Circle Logistics’ Cross-Border Service Includes US and Mexico Expedited and Air Shipments

– Circle Logistics moves twice the Mexico volume in 2024 compared to 2023 and anticipates 100% increase over the next 10 years – FORT WAYNE, Ind., May 07, 2024 (GLOBE NEWSWIRE) — Circle Logistics (Circle), a leading player in the logistics and transportation industry, officially announced its cross-border freight service between the U.S. and Mexico, […]

Stronghold Enhances Payment Network with Strategic Acquisition of 20022 Labs

SAN FRANCISCO–(BUSINESS WIRE)–#fintech—Stronghold, a leader in innovative digital payment solutions, today announced its acquisition of 20022 Labs, a pioneer in advancing the ISO 20022 financial messaging standard. This strategic move significantly enhances Stronghold’s proprietary payment network, StrongholdNET, further aligning it with ISO 20022 standards. 20022 Labs, renowned for its expertise in data-rich payment processing, will […]

Citizens Property Insurance Corporation and EZLynx Deliver Citizens Appointed Agents Access to Next-Generation Rating Solution

Florida agents to receive no-cost access to market-leading EZLynx Rating Engine to quote home and dwelling fire policies. Lewisville, TX., May 07, 2024 (GLOBE NEWSWIRE) — EZLynx, an Applied company, today announced an agreement with Citizens Property Insurance Corporation, a not-for-profit property insurer in Florida, whereby Citizens will use the EZLynx Rating Engine for more […]

Optiver Chooses AMD Enterprise Portfolio to Power its Data Center Modernization, Enabling New Era of Compute and AI

Optiver utilizes high-performance AMD solutions including EPYC CPUs, Solarflare Ethernet adapters, Virtex FPGAs and Alveo Accelerators SANTA CLARA, Calif., May 07, 2024 (GLOBE NEWSWIRE) — Today, AMD (NASDAQ: AMD) announced that Optiver – a leading global market maker trading on 100+ exchanges – is using a broad range of AMD high-performance compute engines to help further […]

Basis Technologies Becomes the First Media Automation Platform to Integrate Pinterest Campaign Reporting

Basis Reduces Advertising Complexity by Opening Channels with Walled Gardens; Automates Performance Measurement of Pinterest Campaigns Alongside Every Major Form of Ad Buying Advertisers can plan their social media campaigns with confidence, easily track performance, and report with agility across their digital advertising with Basis. Amy Rumpler, SVP of search and social media services, Basis […]

SKYX to be a Main Event at TheRealDeal New York City Real-Estate Forum & Developer Showcase

As SKYX Continues to Enhance its Market Penetration in the US and Canada it Will Showcase its Patented Game-Changing Smart Home Platform Technologies with High-End Real-Estate Developers and Industry Professionals MIAMI, May 07, 2024 (GLOBE NEWSWIRE) — SKYX Platforms Corp. (NASDAQ: SKYX) (d/b/a “SKYX Technologies”), a highly disruptive platform technology company with over 90 pending […]

Global RegTech Consolidator Corlytics Acquires a Deloitte UK RegTech Platform

LONDON–(BUSINESS WIRE)–Corlytics, the global leader in regulatory intelligence and policy compliance technology, has acquired a digital RegTech platform from Deloitte UK. The marriage of the two platforms is transformational, completing the cycle of regulatory assessment and implementation. The announcement closely follows Verdane’s majority stake investment last month to cement Corlytics’ global category leadership. Plugged directly […]

Bounce Imaging Releases New TSM®-Enabled 360° Cameras Powered by TrellisWare; Part of $11M in New Contracts with DoD

Several Hundred Mesh-Radio-Enabled 360° Cameras to Fill Situational Awareness Capabilities Gap for US and NATO Allies BUFFALO, N.Y., May 07, 2024 (GLOBE NEWSWIRE) — Bounce Imaging and TrellisWare Technologies, Inc. are pleased to announce the release of two new camera systems integrating TrellisWare’s Mobile Ad Hoc Network (MANET) radio modules into Bounce Imaging’s 360° tactical cameras […]

Anaqua Unveils PATTSY WAVE Version 8 IP Management Software

New release empowers IP professionals with enhanced operational efficiency and functionality BOSTON, May 07, 2024 (GLOBE NEWSWIRE) — Anaqua, the leading provider of innovation and intellectual property (IP) management technology, today announces the launch of PATTSY WAVE Version 8, the latest release of the patent and trademark management software. With this announcement, PATTSY WAVE Version […]

Regula Wins Global InfoSec Awards 2024 as the Most Innovative Vendor of Forensics and Identity Verification Solutions

RESTON, Va.–(BUSINESS WIRE)–#award—Regula, a global developer of forensic devices and identity verification (IDV) solutions, has won the Global InfoSec Awards for the second time in a row. The renowned cyber security experts repeatedly recognize Regula’s commitment to expertise, which sets its hardware and software IDV solutions apart. The Global InfoSec Awards is an accolade initiative […]

Cloudbench and Arhasi have announced a mutual investment in each other, deepening their AI partnership

Tampa, FL, May 07, 2024 (GLOBE NEWSWIRE) — Cloudbench and Arhasi today announced a mutual investment in each other which will enable the pair to build and deploy new artificial intelligence (AI) applications across their operations faster, more effectively, and at scale. This collaboration leverages the combined expertise of Cloudbench and Arhasi in AI, machine learning, data services, […]

Flash News: OKX Wallet Partners with iZUMi Finance, Giving Users the Opportunity to Claim a Share of a 30,000 MODE Token Prize Pool

SINGAPORE, May 07, 2024 (GLOBE NEWSWIRE) — OKX, a leading Web3 technology company, has issued updates for May 7, 2024. OKX Wallet Partners with iZUMi Finance, Giving Users the Opportunity to Claim a Share of a 30,000 MODE Token Prize Pool OKX Wallet is pleased to partner with iZUMi Finance, a multi-chain DeFi protocol, to […]

Applied Systems and Bravo Networks Expand Partnership to Support Client Money Management in Applied Epic

Bravo Networks to support Applied Epic brokers in handling client money for greater time and cost savings Brighton, UK, May 07, 2024 (GLOBE NEWSWIRE) — Applied Systems Europe® today announced an expanded partnership with Bravo Networks to support client money management for Applied Epic brokers. The partnership has enabled the network and broker management system […]

Flash News: OKX Wallet Now Seamlessly Integrated with TypoX AI

SINGAPORE, May 06, 2024 (GLOBE NEWSWIRE) — OKX, a leading Web3 technology company, has issued updates for May 6, 2024. OKX Wallet Now Seamlessly Integrated with TypoX AI OKX Wallet is now integrated with TypoX AI, the ultimate Web3 search engine. This integration allows OKX Wallet’s eligible users to navigate blockchain technology, cryptocurrencies and dApps […]

Blanc Labs Welcomes Two New Leaders to Advance AI Innovation and Enhance Tech Advisory Services for Financial Institutions Across North America

TORONTO, May 06, 2024 (GLOBE NEWSWIRE) — Blanc Labs, a pioneer in Lending Technology, Artificial Intelligence (AI) and Intelligent Automation, is thrilled to announce the appointment of two new members to its executive team, Prithvi Srinivasan and Ali Khachan, both distinguished leaders in technology and consulting. Prithvi Srinivasan, a former Partner at Deloitte Consulting, is […]

Steamroller Studios Expands to British Columbia, Canada

MOUNT DORA, Fla., May 06, 2024 (GLOBE NEWSWIRE) — Steamroller Studios is announcing its recent expansion to British Columbia, Canada. Steamroller began its journey in 2014, opening in the back of a T-shirt shop located in the quaint city of Mount Dora in central Florida. The studio provides animation services in all sectors of the […]

Mobile Security Market is expected to reach a revenue of USD 32.7 Bn by 2032, at 20.1% CAGR: Dimension Market Research

Mobile security will evolve to address the expanding threat landscape, driven by innovations in zero trust architecture, advanced threat detection, and endpoint response capabilities. With a high focus on privacy regulations and the growth of remote work, mobile security will prioritize adaptive, proactive measures to safeguard sensitive data & ensure secure mobile experiences. New York, […]

AI Data Management Market Projected to Reach USD 260.3 Billion by 2033 with 25.1% CAGR, Forecasts Dimension Market Research

The Global AI Data Management Market is expected to significantly expand, driven by growing data volumes, higher regulatory demands, and a rising emphasis on data-driven decision-making. Trends like automated governance, federated learning, explainable AI, and edge computing integration will shape the market, driving innovation & adoption across industries. New York, May 06, 2024 (GLOBE NEWSWIRE) […]

IC360 and Radar Announce Strategic Partnership for Geolocation Services

Geo360 powered by Radar to be a geolocation compliance alternative for the sports betting and iGaming market with additional one-of-a-kind enhancements to IC360’s integrity monitoring dashboard LAS VEGAS & NEW YORK–(BUSINESS WIRE)–Integrity Compliance 360 (IC360, a result of the recent merger between U.S. Integrity and Odds On Compliance), the global leader in delivering best-in-class integrity […]

Artificial Intelligence Risk, Inc. Launches RIA GPT, the First Generative-AI Platform Specifically for Registered Investment Advisors (RIAs)

RIA GPT Provides Advisors with AI Efficiencies while Addressing Governance, Risk, Compliance and Cybersecurity GREENWICH, Conn.–(BUSINESS WIRE)–#AI—Artificial Intelligence Risk, Inc. (AI Risk, Inc.), the leader in AI Governance, Risk, Compliance, and Cybersecurity (AI GRCC) software, announced today the launch of RIA GPT, a new software platform providing safe, secure, generative-AI for registered investment advisors (RIAs). […]

Visa Inc. and J.P. Morgan Payments Forge Strategic Collaboration to Revolutionize Faster Money Movement in the US through Visa Direct

SAN FRANCISCO–(BUSINESS WIRE)–Visa Inc. (NYSE: V) and J.P. Morgan Payments today announced a strategic collaboration that aims to enhance merchant experiences, empower cardholders, and drive innovation for J.P. Morgan Payments’ customers, with the introduction of faster domestic payments in the US, through the Visa Direct network. With Visa Direct’s extensive reach in the US, J.P. […]

iCapital® Introduces iMAP, its First Model Portfolio for Alternative Investments

This first-of-its-kind solution for the wealth management industry Available on iCapital Marketplace, enabling advisors to easily integrate alternative investments with traditional public market portfolios. NEW YORK–(BUSINESS WIRE)–#AlternativeInvestments—iCapital1, the global fintech platform driving the world’s alternative investment marketplace for the wealth management industry, announces the introduction of iCapital Model Portfolios. Today, the more than 100,000 U.S. […]

Pressed Juicery Selects NCR Voyix Solutions to Squeeze Greater Value Out of its Technology

ATLANTA–(BUSINESS WIRE)–$VYX #JuicyCollaboration–Pressed Juicery, a pioneer in cold-pressed juices and wellness offerings, is proud to announce its choice of NCR Voyix (NYSE: VYX), a global leader in digital commerce solutions, to enhance guest experience through innovative technology. By adopting the premier platform-based Point of Sale (POS) solution, Aloha Cloud by NCR Voyix, Pressed Juicery is […]

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