Q2 Net Sales up 10% to $108.6 million; Q2 Net Income up 3% to $33.6 million; Q2 Adj. EBITDA up 8% to $40.0 million Narrows fiscal 2024 guidance; now anticipates Net Sales between $418-$428 million and Adjusted EBITDA between $150-$157 million David Cote, former CEO of Honeywell and current executive chairman of Vertiv, to become […]
Sezzle Continues to Increase Profitability and Raises FY24 Guidance 2Q24 GAAP Operating Results and 2Q24 Non-GAAP Operating Results Appendix – Reconciliation of GAAP to Non-GAAP Financial Measures Minneapolis, MN, Aug. 07, 2024 (GLOBE NEWSWIRE) — Sezzle Inc. (NASDAQ:SEZL) (Sezzle or Company) // Purpose-driven digital payment platform, Sezzle, is pleased to update the market on key […]
Denver, CO, Aug. 07, 2024 (GLOBE NEWSWIRE) — In the context of increasingly complex global financial markets, Luxspin Global Holding has announced the establishment of a new risk assessment division. This initiative aims to enhance the investment strategies and risk management capabilities of the company in the financial derivatives sector, further solidifying its leading position within the fintech industry. […]
NEW YORK–(BUSINESS WIRE)–DigitalOwl’s all-in-one platform leverages proprietary Generative AI (GenAI), an advanced Entity Recognition engine, and a comprehensive Medical Knowledge Base to streamline medical record reviews for Life insurance, P&C insurance, and Legal industries. It enhances efficiency during underwriting, post-issue audits, claims review, personal injury cases, bodily injury claims, workers’ compensation cases, and mass tort […]
Datch raises fresh funding to deploy new AI insights solution NEW YORK–(BUSINESS WIRE)–Datch, a pioneer in AI technology for frontline manufacturing, energy and utility sectors, today announced the closing of its $15M Series A via an extension led by Third Prime. The fundraise coincides with the launch of Datch’s latest product offering, Asset Insights. Industrial […]
Google Fitbit Ace LTE now connects with Greenlight’s debit card empowering kids to spend wisely on the go ATLANTA–(BUSINESS WIRE)–Greenlight® Financial Technology, Inc. (“Greenlight”), the fintech company on a mission to help parents raise financially-smart kids, today announced a collaboration with Google to connect with the Fitbit Ace LTE, a first-of-its-kind smartwatch that helps kids […]
SAN DIEGO–(BUSINESS WIRE)–Clearspeed, the leading provider of AI-powered risk assessment technology for enterprise organizations, has been named to CNBC’s 2024 inaugural list of the World’s Top InsurTech Companies. This prestigious award is presented by CNBC and Statista Inc., the world-leading statistics portal and industry ranking provider. The award list can be viewed on the CNBC […]
Latest Advances Solve Critical Industry Problem and Speed Up Vulnerability Remediation LAS VEGAS–(BUSINESS WIRE)–#CISO—Endor Labs, the leader in software supply chain security, today unveiled two groundbreaking capabilities that fix an expensive and time-consuming problem in the Software Composition Analysis (SCA) market. Software version upgrades are often required to fix critical vulnerabilities in open source software […]
LAS VEGAS, Aug. 07, 2024 (GLOBE NEWSWIRE) — BLAQclouds, Inc. (OTC: BCDS) is pleased to announce the intent to acquire the equity of ZEUS Blockchain Partners, Inc. through a SAFE Agreement. As part of this process BLAQclouds, Inc. now has a 90-day exclusive period to complete the transaction. ZEUS Blockchain Partners, Inc. has developed https://zeuschainscan.io/, […]
ATLANTA–(BUSINESS WIRE)–NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that Chime, the #1 Most Loved Banking AppTM1, has expanded its relationship with Atleos, entrusting its brand and cardholder experience to ATMs within Atleos’ Allpoint Network at more than 4,000 Walgreens stores across […]
California-based independent agency utilizes natively integrated payments solution to make collecting payments easier for staff Chicago, IL., Aug. 07, 2024 (GLOBE NEWSWIRE) — Applied Systems® today announced that Morris & Garritano Insurance, one of California’s largest independent agencies, has selected Applied Pay to streamline the agency bill process for its commercial lines business. Seamless integration […]
ESPOO, Finland–(BUSINESS WIRE)–Tecnotree, a global leader in digital platforms and services for AI, 5G, and cloud-native technologies, has been mentioned in three different 2024 Gartner Hype Cycle reports, recently published. Tecnotree has been cited under the categories of Hype Cycle for Enterprise Communication Services, Private Mobile Network Services, and Operations and Automation in Communications Industry, […]
LONDON & NEW YORK & HONG KONG–(BUSINESS WIRE)–Options Technology, a trailblazer in capital markets infrastructure, today announced the expansion of its Toronto office. The expansion is part of Options’ strategic growth in North America and demonstrates the firm’s continued commitment to its clients and partners across the Canadian financial markets. The new office, at 141 […]
Metrc Retail ID offers unprecedented item-level visibility and delivers significant labor savings for the cannabis industry LAKELAND, Fla., Aug. 07, 2024 (GLOBE NEWSWIRE) — Metrc, the most trusted and experienced provider of cannabis regulatory technology systems in the U.S., announced the launch of Metrc Retail ID, a new solution designed to enhance supply chain transparency, […]
ATLANTA, Aug. 07, 2024 (GLOBE NEWSWIRE) — Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it has appointed Tanya Eastwood to its Affordable Housing Advisory Council (Council). Eastwood has more than 30 years of experience in residential real estate and is currently chief executive officer and president of Raleigh, N.C.-based Harmony Housing […]
Total revenue of $78.1 million, up 39% year-over-year;Improved profitability with gross margins of 44.3%; return to operating profit with adjusted EBITDA of $8.1 million (1);Reiterates full year 2024 guidance: revenue between $325-335 million and adjusted EBITDA between $30-35 million (2) HERZLIYA, Israel, Aug. 07, 2024 (GLOBE NEWSWIRE) — Nayax Ltd. (Nasdaq: NYAX, TASE: NYAX), a […]
BELO HORIZONTE, Brazil, Aug. 07, 2024 (GLOBE NEWSWIRE) — Inter&Co Inc. (NASDAQ: INTR | B3: INBR32), the leading financial super app providing financial and digital commerce services to over 33 million customers, today reported financial results for the second quarter of 2024. Highlights: Record net income of R$ 223 million. 10.4% ROE, surpassing the double-digit […]
SINGAPORE, Aug. 07, 2024 (GLOBE NEWSWIRE) — OKX, a global Web3 technology company, has issued updates for August 7. OKX Wallet Now Integrated with Unibase OKX is now integrated with Unibase, an AI-native data availability (DA) and storage layer that inherits Ethereum’s security. This integration provides OKX Wallet’s web extension users with access to a […]
Premier UK financial assistance provider achieves record-high ratings across multiple platforms, reflecting unwavering commitment to customer service LONDON–(BUSINESS WIRE)–#ai–Western Circle, a leading name in online financial assistance, proudly marks ten years of unparalleled service to individuals across the UK. In this milestone, the company announces record-high customer satisfaction ratings, underscoring its dedication to exceptional service […]
VICTORIA, Seychelles, Aug. 07, 2024 (GLOBE NEWSWIRE) — Bitget, the world’s leading cryptocurrency exchange and Web3 company, announced an exclusive welcome offer designed to attract new users and empower their crypto journey. From August 5, 10:00 AM (UTC+2) to September 2, 10:00 AM (UTC+2), new users can earn up to 40 USDT in three simple […]
SINGAPORE, Aug. 07, 2024 (GLOBE NEWSWIRE) — OKX, a global Web3 technology company, has issued updates for August 7. OKX Wallet Now Integrated with Chirpley OKX Wallet is now integrated with Chirpley, an innovative AI-powered influencer marketplace. Chirpley aims to revolutionize the influencer marketing landscape by empowering small influencers with the tools they need to […]
Dublin, Aug. 07, 2024 (GLOBE NEWSWIRE) — The “Alternative Online Payment Methods Market 2024” report has been added to ResearchAndMarkets.com’s offering. Digital wallets are among the most popular digital payment methods globally Accelerated by the pandemic’s impact on cash usage, the global transition to digital means of payment has become a post-pandemic norm. Digital wallets, […]
SINGAPORE, Aug. 07, 2024 (GLOBE NEWSWIRE) — OKX, a global Web3 technology company, has issued updates for August 6. OKX Wallet Now Integrated with AILayer OKX Wallet is now integrated with AILayer, an EVM-compatible Bitcoin Layer2 with inscription as gas. This integration enables OKX Wallet’s web extension users to seamlessly access AILayer’s AI-enhanced Bitcoin Layer2 […]
SINGAPORE, Aug. 07, 2024 (GLOBE NEWSWIRE) — OKX, a global Web3 technology company, has issued updates for August 7. OKX Wallet is One of the First Multi-Chain Wallets to Support the Movement Testnet As an early supporter of Movement, OKX today announced that its OKX Wallet is one of first to support the Movement testnet. […]
SINGAPORE, Aug. 07, 2024 (GLOBE NEWSWIRE) — OKX, a global Web3 technology company, has issued updates for August 6. OKX Wallet Now Integrated with Injective Bridge OKX Wallet is now integrated with Injective Bridge, which supports the bridging of tokens to and from Injective and between various IBC and non-IBC chains. This integration enables OKX […]
SINGAPORE, Aug. 07, 2024 (GLOBE NEWSWIRE) — OKX, a leading Web3 technology company, has issued updates for August 7, 2024. OKX Wallet Now Integrated with Analog OKX Wallet is now integrated with Analog, a groundbreaking interoperability protocol that enables secure communication between any two connected blockchains, solving a critical challenge in the fragmented blockchain ecosystem. […]
FNB Mortgage live and actively originating on Blend’s platform in under 6 weeks SAN FRANCISCO–(BUSINESS WIRE)–FNB Mortgage, the mortgage division of The First National Bank of Fort Smith, as well as its other bank divisions First National Bank of NWA, National Bank of Sallisaw, and Central National Bank of Poteau, today announced a partnership with […]
Second Quarter Revenue Increased 22% Year-over-Year Second Quarter Revenue Less Ancillary Services Increased 26% Year-over-Year Company Announces Acquisition of Invoiced, an Award-Winning Accounts Receivable SaaS Platform Board of Directors Authorizes $150 Million Share Repurchase Program BOSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) — Flywire Corporation (Nasdaq: FLYW) (“Flywire” or the “Company”) a global payments enablement and […]
Invoiced augments Flywire’s B2B payments solution with workflow automation software purpose-built for mid-market companies to streamline the entire Accounts Receivables (A/R) process Acquisition extends Flywire’s customer footprint across a diversified customer base and accelerates company’s investment in software and payments innovation for B2B industry Flywire gains the opportunity to monetize several billion dollars of domestic […]
CHICAGO, Aug. 06, 2024 (GLOBE NEWSWIRE) — High request volumes form bottlenecks for credit departments. Officers need to move quickly, but doing so often compromises effective risk management. Bectran, Inc., the go-to order-to-cash platform for streamlined risk management, helps departments improve their approach with an Instant Decision Manager (IDM). Pulling in customer histories, credit reports, […]
MEMPHIS, Tenn.–(BUSINESS WIRE)–SRM, an independent advisory firm serving financial institutions across North America and Europe, released its new report titled “Examining the First Year of FedNow & the State of Instant Payments.” Click to Download It has been just over a year since Federal Reserve Financial Services launched its FedNow® Service to provide a new […]
Encompass chosen for comprehensive capabilities, configurability, and rapid implementation ATLANTA & NEW YORK–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that Two Harbors Investment Corp.(NYSE:TWO) (“Two Harbors”), an MSR + Agency RMBS real estate investment trust, has selected the Encompass® digital mortgage platform to support their new […]
PASADENA, Calif.–(BUSINESS WIRE)–Effective August 01, 2024, Wescom, one of the largest community credit unions in California, is no longer charging Non-Sufficient Funds (NSF) fees. Commonly charged by most big banks and credit unions, a NSF fee is charged when a check or Automated Clearing House (ACH) is presented for payment but there is an insufficient […]
Whataburger to extend PopID’s biometric payments solution with payments processing powered by J.P. Morgan Payments NEW YORK–(BUSINESS WIRE)–J.P. Morgan Payments today announced an expanded relationship with PopID to deploy in-store biometric payments to pilot merchants across the United States. The pay-by-face biometric payment solution allows shoppers to complete transactions more seamlessly, removing the need for […]
SUNNYVALE, Calif.–(BUSINESS WIRE)–Ooma, Inc., a smart communications platform for businesses and consumers, today announced the integration of its Ooma Office business phone service with Intuit QuickBooks, a leading global financial technology platform. By integrating QuickBooks (https://www.ooma.com/small-business-phone-systems/integrations/quickbooks/) with the Ooma Office desktop app, inbound and outbound calls instantly present customer information from QuickBooks Online – such […]
Despite their reputation as a digitally forward generation, given the choice, 70% of Gen Z would prefer keeping cash as an option PHILADELPHIA, Aug. 06, 2024 (GLOBE NEWSWIRE) — LevLane Advertising, one of Philadelphia’s largest independent full-service advertising agencies, today announced the results of its “2024 Future of Cash Survey.” The national survey explores generational […]
With funding led by Curql Collective and Members Development Company (MDC), ModernFi CUSO is focused on supporting and scaling the first deposit network for credit unions, ensuring credit unions can continue to grow and thrive while having direct ownership in their foundational infrastructure NEW YORK–(BUSINESS WIRE)–ModernFi, the leading technology provider of deposit management for financial […]
RICHARDSON, Texas–(BUSINESS WIRE)–ARGO, the leading provider of high-value mission-critical software for the financial services and healthcare industries, announced today that Honolulu-based Central Pacific Bank (CPB), the primary subsidiary of Central Pacific Corporation (NYSE: CPF), has selected ARGO Connects to drive monetary transaction processing, Omni customer acquisition, customer journey experience, fulfillment, and service across physical and […]
The world’s premier fintech showcase & meeting hotspot boasts 120+ speakers, thought leaders, and 2,000+ decision-makers sharing ideas, connections and technologies for success SAN FRANCISCO, Aug. 06, 2024 (GLOBE NEWSWIRE) — FinovateFall, a pioneering fintech conference catering to the digital future of financial institutions, to be held in person from September 9-11, 2024, at the […]
Earnings transfer straight in one’s own bank account, requiring no subscriptions, membership fees, or pay cards when customers enroll in Direct Deposit PALO ALTO, Calif.–(BUSINESS WIRE)–#EWA–EarnIn, a pioneer in Earned Wage Access (EWA), or on-demand pay, announced today the launch of $2.99 expedited transfers (also known as Lightning Speed), becoming a leader in low-cost EWA. […]
