INDIANAPOLIS, Feb. 22, 2024 (GLOBE NEWSWIRE) — Today the Board of Directors of the Federal Home Loan Bank of Indianapolis (“FHLBank Indianapolis” or “Bank”) declared its fourth quarter 2023 dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 9.00% and 4.00%, respectively. The higher dividend rate on activity-based […]
DENVER–(BUSINESS WIRE)–Arturo, the property intelligence company that delivers portfolio-wide underwriting, risk, claims and catastrophe-driven event insights, announces the appointment of Jeffrey Taylor as Chief Strategy Officer. This appointment comes as Arturo prepares to expand into adjacent markets and further deliver on its mission to provide actionable property intelligence and risk profiles that better protect our […]
Insurity’s cloud-based MGA platform and flexible billing solution, implemented by SI partner Sikich, enables Georgia Stern Insurance Agency to increase operational efficiency and reduce overall billing costs HARTFORD, Conn.–(BUSINESS WIRE)–Insurity, a leading provider of cloud-based software for the property and casualty (P&C) insurance industry, has announced that Georgia Stern Insurance Agency (GSIAY) has gone live […]
Financing enabled firm to add six more locations in North Carolina to expand its presence on the East Coast, with assets surpassing $11 billion CAMBRIDGE, Mass.–(BUSINESS WIRE)–#SMBs—Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and nearly $7 billion in assets, today announced that it was the lead bank in a $45 […]
40% of interactions with First Financial Bank’s digital assistant Gabby occur outside regular contact center hours with 20% over the weekend. Digital banking customers who use Gabby are more highly engaged, logging in 46% more often on average compared to digital banking customers who do not use Gabby. NEW YORK–(BUSINESS WIRE)–#conversationalAI–First Financial Bank, the 5th […]
Native integration pushes the boundaries of advisor and custodial technology PHOENIX–(BUSINESS WIRE)–#CRM—Advyzon, a comprehensive service and technology platform and portfolio management solution for financial advisors and investment managers, today announced a new custody and retail investment infrastructure integration with Apex Advisor Solutions, a division of Apex Fintech Solutions Inc. (Apex) that empowers the future of […]
Funds over $470 billion in advances in 2023 and commits over $100 million to affordable housing and community development for 2024 ATLANTA, Feb. 22, 2024 (GLOBE NEWSWIRE) — Federal Home Loan Bank of Atlanta (the Bank) today released preliminary unaudited financial highlights for the quarter and year ended December 31, 2023. All numbers reported below for […]
TORONTO–(BUSINESS WIRE)–Capco, the global technology and management consultancy, has appointed Behzad Salehoun as Canada Insurance Lead, based in Toronto. With 20 years of experience in the insurance, financial services, and benefits sectors, Behzad has led large scale customer and employee transformation programs at global property & casualty insurers, life & health insurers, managing general agents […]
Instead of Allowing AI to End its Consultancy, Evergrowth Embraced a Pivot and is Now On Track to Hit $500K ARR Within Three Months of Launching its SaaS. NEW YORK–(BUSINESS WIRE)–Evergrowth, the premier AI-powered B2B account-based sales platform, announced today its first fundraise of $2.2M, making it one of the largest pre-seed rounds in Baltic […]
Zilch expands its consumer credit offering with launch of longer-duration zero-interest payment option, adding to existing ‘Pay over 6 weeks’ product Designed for bigger-ticket purchases of £75+, ‘Pay over 3 months’ stands out as a regulated credit option within the UK market, offering an extended repayment period Customers use their Zilch card on average 100 […]
Cutting-Edge Detection and Defense Capabilities, Identified by Analysts as Market Leaders in the Fight Against Insider Fraud PORTSMOUTH, N.H., Feb. 22, 2024 (GLOBE NEWSWIRE) — Bottomline, a global leader in business payments, launched enhancements to its technology to help banks and non-banking financial institutions monitor, detect, and prevent fraud from happening inside the business. The enhanced […]
Two-person Households Now Eligible to Receive up to $20M in FDIC Insurance Through Flourish Program Banks NEW YORK, Feb. 22, 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 that Flourish Cash, its cash management offering, has […]
Former PayPal senior finance executive brings decades of experience and leadership across global payments, pricing, treasury, finance and investor relations BOSTON, Feb. 22, 2024 (GLOBE NEWSWIRE) — Flywire Corporation (Nasdaq: FLYW) (Flywire), a global payments enablement and software company, today is announcing Cosmin Pitigoi will join the Company as Chief Financial Officer, beginning March 4, […]
• Q4 2023 Revenue grew 30% year-over-year to $653 million• Q4 2023 Profit for the period was positive at $11 million• Q4 2023 Adjusted EBITDA improved by $146 million year-over-year to $35 million• Grab’s Board of Directors has authorized the repurchase of up to $500 million of the Company’s Class A ordinary shares SINGAPORE, Feb. 22, 2024 (GLOBE […]
PayPoint Plc 22 February 2024 PayPoint and Royal Mail announce partnership PayPoint Plc is pleased to announce a partnership with Royal Mail across its Collect+ network, the leading Out of Home (OOH) parcel pick up, drop off and send service in the UK. The multi-year agreement will enable parcel drop off for Royal Mail customers […]
Leading Swiss technology firm joins global collective of financial services software companies as Vencora finalizes acquisition of CREALOGIX with 99% ownership TORONTO and ZURICH, Switzerland, Feb. 22, 2024 (GLOBE NEWSWIRE) — VENCORA UK LIMITED (“Vencora”) today announced the settlement of its public tender offer (“Offer”) for all publicly held registered shares of CREALOGIX Holding AG […]
COLUMBUS, Ohio, Feb. 21, 2024 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced financial results for the quarter and year end December 31, 2023. Root’s fourth quarter and full year financial results and management commentary can be found by accessing the shareholder letter posted to the company’s […]
NORCROSS, Ga., Feb. 21, 2024 (GLOBE NEWSWIRE) — CoreCard, a leading global provider of innovative prepaid and credit technology solutions for the financial technology and services sector, has announced a strategic partnership with Banc of California, a premier relationship-focused business bank and third-largest based in California. This collaboration aims to empower Banc of California’s upcoming […]
New QuickBooks product tailored to the needs of solopreneurs, featuring intuitive tools to manage business transactions, stay tax-ready, and set financial goals MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Today, Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, introduced QuickBooks Solopreneur, a new product designed to meet the unique […]
PARIS–(BUSINESS WIRE)–Regulatory News: Axway (Paris:AXW) today announces entering into exclusive discussions regarding the potential acquisition of most of Sopra Banking Software (“SBS”) activities, which are currently part of Sopra Steria Group. This acquisition would fit perfectly Axway’s medium-term strategic roadmap, as outlined by the company over the last few years, creating a new enterprise software […]
KING OF PRUSSIA, Pa.–(BUSINESS WIRE)–#darabysagent—Sagent, a Warburg Pincus-backed fintech software company modernizing mortgage servicing for banks and lenders, today announced the launch of Dara, the first mortgage software platform to unify all data and user experiences for servicers and homeowners across the entire servicing lifecycle. Dara can lower servicer operational costs by up to 40%,* […]
NEWPORT BEACH, Calif. & SAN DIEGO–(BUSINESS WIRE)–#compliancemanagement—FundingShield, a market-leading fintech providing plug-and-play solutions to manage risk, compliance, and fraud prevention, has entered into a relationship with CoreLogic®, a leader in global property information, analytics and data-enabled solutions, to provide comprehensive title fraud solutions via a seamless API integration to the CoreLogic Digital Mortgage Platform™. Together, […]
The company funded $59 billion loans in 2023, contributing to its overall growth Irvine, California, Feb. 21, 2024 (GLOBE NEWSWIRE) — Origence, the leading lending technology solutions provider for credit unions, celebrates its 30th year of operations in 2024 reaching a historic achievement of funding $551.2 billion in loans. The company also announced its network expansion […]
Customers in the two countries can now send money directly to Mercado Pago wallet accounts in Mexico using a new feature in the Western Union mobile app, its website, or from one of its retail locations. MEXICO CITY–(BUSINESS WIRE)–Western Union and Mercado Pago today announced growth in their existing relationship, giving United States and Canadian […]
NEW YORK–(BUSINESS WIRE)–dv01, a leading capital markets fintech company, has today announced a strategic collaboration with Fitch Ratings, a globally recognized leader in credit ratings and research, to enhance RMBS benchmark offerings. The Fitch-dv01 Non-Agency RMBS Benchmarks constitute two benchmarks that focus on Non-QM and Prime Jumbo markets, aiming to redefine market analysis with the […]
Premium coffeehouse brand intends to implement restaurant technology platform at 500 locations across the United States BOSTON–(BUSINESS WIRE)–Toast (NYSE: TOST), the digital technology platform built for restaurants, today announced an agreement with Caribou Coffee to implement Toast Enterprise Solutions across 500 initial coffeehouse locations in the United States. In addition to Toast point-of-sale (POS) terminals, […]
Dublin, Feb. 21, 2024 (GLOBE NEWSWIRE) — The “Open Banking Market Report: Trends, Forecast and Competitive Analysis to 2030” report has been added to ResearchAndMarkets.com’s offering. The global open banking market is expected to reach an estimated $99.67 billion by 2030 with a CAGR of 25.7% from 2024 to 2030. The future of the global […]
Full-service independent agency brings all business functions across all lines of business into a single, integrated platform Lewisville, TX., Feb. 21, 2024 (GLOBE NEWSWIRE) — EZLynx, an Applied company, today announced that Haven Insurance Group has implemented EZLynx, a cloud-based, all-in-one agency management system, to be its technology foundation for business growth. The EZLynx management […]
Bitcoin Well unique users Q4/23 Unique users signed up to buy, sell and use bitcoin at bitcoinwell.com EDMONTON, Alberta, Feb. 21, 2024 (GLOBE NEWSWIRE) — Bitcoin Well Inc. (“Bitcoin Well” or the “Company”) (TSXV: BTCW; OTCQB: BCNWF), the non-custodial bitcoin business on a mission to enable independence announces a preliminary, unaudited year end update and […]
LAKELAND, Fla., Feb. 21, 2024 (GLOBE NEWSWIRE) — Metrc, the most trusted and experienced provider of cannabis regulatory technology systems in the U.S., announced a new contract with the Commonwealth of Kentucky to support the regulation of its medical cannabis market. In March of this year, Governor Andy Beshear signed Senate Bill 47, legalizing medical […]
SOMERSET, N.J., Feb. 21, 2024 (GLOBE NEWSWIRE) — CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, will host a conference call on Wednesday, March 6, 2024 at 5:00 p.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2023. The Company’s […]
LONDON–(BUSINESS WIRE)–Napier AI, the London-based financial crime compliance RegTech, is pleased to announce that it has received a significant investment from Crestline Investors, Inc. (“Crestline”), a US based, credit-focused institutional alternative asset manager, to further accelerate its growth trajectory, highlighting the transformational time in the industry for know your customer (KYC) and anti-money laundering (AML) […]
FORT LAUDERDALE, Fla., Feb. 21, 2024 (GLOBE NEWSWIRE) — LQpay, a leader in innovative healthcare payments solutions, is proud to announce the launch of “R2B2,” the next generation of its exclusive Zero-Click Payment Solution. R2B2, (“Remote 2 Bot 2”), a play on the widely popular and beloved robot character in the Star Wars franchise, builds […]
SafeRent will leverage Nova Credit’s Income Navigator to automate income verifications with near 100% applicant coverage. NEW YORK–(BUSINESS WIRE)–Please replace the release with the following corrected version due to multiple revisions. The updated release reads: NOVA CREDIT PARTNERS WITH SAFERENT SOLUTIONS, FURTHER EXPANDING INCOME NAVIGATOR SOLUTION IN THE PROPERTY MANAGEMENT SECTOR SafeRent will leverage Nova […]
Latest upgrades drive client engagement and business growth AUBURN, Calif.–(BUSINESS WIRE)–#FinTech—Nitrogen, the company that is revolutionizing how financial advisors and wealth management firms grow, today announced significant updates across its suite of products, including Command Center, along with an extensive suite of enterprise tools designed to supercharge wealth management firms. As part of its latest […]
Promoting a strong financial future: Meriwest Credit Union launches SMART Start Checking Account for youth. SILICON VALLEY, Calif., Feb. 20, 2024 (GLOBE NEWSWIRE) — Meriwest Credit Union has announced the launch of the SMART Start Checking Account, tailored specifically for youth aged 9 to 17. This innovative debit-card-based account is designed to promote financial responsibility, […]
NEW YORK–(BUSINESS WIRE)–#bespokepartners–Bespoke Partners, the largest retained executive search and leadership advisory service firm for software companies, today announced the opening of its New York office to enhance its tailored leadership recruiting services for clients in the Northeast. “Our industry-leading recruiting and placement of executives who drive growth and create value is second to none,” […]
The first-of-its-kind automation product allows compliance teams investigating financial crime to eliminate manual, repetitive tasks while enforcing processes and improving oversight. LOS ANGELES–(BUSINESS WIRE)–Hummingbird, a leading compliance and risk platform, today announces the launch of Automations, a powerful new product for boosting compliance productivity, reducing risk, and lowering costs. Automations provides compliance teams at financial […]
Welcomes Shailesh Rangani as Global Practice Lead MECHANICSBURG, Pa.–(BUSINESS WIRE)–$aws #ai—Summit Technology Group (STG) announces a series of data, AI, and cloud investments designed to help support their growing engineering and software businesses. STG welcomes Shailesh Rangani as Global Practice lead for Data and Cloud heading a new division focused on blending the cloud, data, […]
MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced its recognition as a Leader in the Everest Group’s Low-code Technology Providers in Insurance – Products PEAK Matrix® Assessment 2023. This accolade underscores Majesco’s commitment to delivering cutting-edge, low-code technology solutions that empower insurers to accelerate digital transformation, […]
