Globe Newswire


OKEx Expects 100% Increase in Staff in Two Years

MALTA, June 02, 2020 (GLOBE NEWSWIRE) — In the aftermath of the COVID-19 epidemic, amidst global economic downturns and rising unemployment rates, the crypto industry has been gaining great tractions – the total number of confirmed transactions per day, according to Blockchain.com, has been steadily growing since the dramatic drop of BTC in March to […]

62% of Homeowners Say They’re Prepared for a Flood, Yet Only 12% Have Flood Insurance, Survey Finds

As hurricane season begins, half of homeowners say they’re ‘less interested’ in buying flood insurance due to financial pressures from COVID-19. KALISPELL, Mont., June 01, 2020 (GLOBE NEWSWIRE) — Sixty-two percent of homeowners say they’re prepared for a flood, but only 12 percent have flood insurance, according to a new survey conducted by The Harris […]

Australia’s largest insurer partners with Socotra to power newly-launched direct-to-consumer product

Socotra’s modern core technology enabled IAG to go from concept to production in ten months SAN FRANCISCO, June 01, 2020 (GLOBE NEWSWIRE) — IAG, Australia’s largest general insurer, has announced that Socotra’s core platform is powering its recently-launched Poncho Insurance brand and new auto insurance product.   Poncho Insurance was developed in 2019 by IAG Satellite […]

Fattmerchant and Finix Launch Flex to Streamline Software Companies’ Path to Payment Facilitation

Fattmerchant’s proprietary merchant services will power Finix Flex and allow software companies to become payment facilitators faster ORLANDO, Fla., May 28, 2020 (GLOBE NEWSWIRE) — Fattmerchant, an integrated payment technology provider that simplifies the payment processing experience for business owners, today announces its partnership with Finix, a payments infrastructure platform, to power Finix Flex. The […]

Ethos Financial Legacy Index Finds Over Half of Americans Worry About the Financial Situation They Will Leave Behind

New study from modern life insurance provider reveals how Americans feel about their future finances and the misconceptions surrounding financial legacies after death Ethos Financial Legacy Index Ethos Financial Legacy Index SAN FRANCISCO, May 28, 2020 (GLOBE NEWSWIRE) — Today, Ethos, the company making life insurance accessible to all, released its inaugural Financial Legacy Index. […]

Xignite Sees Record Demand for Financial Data During Pandemic – API Server Now Handling Over 12 Billion Requests Per Day

Cloud-based financial data solutions provider scales to meet client demand amid heightened volumes and volatility. SAN MATEO, CA, May 28, 2020 (GLOBE NEWSWIRE) — Xignite, Inc., a provider of market data distribution and management solutions for financial services and technology companies, announced today that it has seen a dramatic increase in API requests over the […]

India Fintech Market Outlook 2020-2025 – The Payments Segment Received the Highest Amount of Venture Capital Investments in 2018 & 2019

Dublin, May 28, 2020 (GLOBE NEWSWIRE) — The “Fintech Market in India 2020” report has been added to ResearchAndMarkets.com’s offering. India is one of the fastest-growing fintech markets in the world. As of March 2020, India, alongside China, accounted for the highest fintech adoption rate (87%), out of all the emerging markets in the world. […]

PayPoint plc: Preliminary Results and update on the impact of Covid-19 Year ended 31 March 2020

PayPoint plcPreliminary Results and update on the impact of Covid-19 Year ended 31 March 2020 FINANCIAL HIGHLIGHTS PayPoint reported a resilient result for financial year 2019/20 with profit before tax excluding exceptional items increasing by £3.0 million to £56.8 million (2019: £53.8 million), primarily due to the £2.1 million “variable pay benefit” resulting from the […]

An alternative to high interest debt: KOHO pilots new feature that allows Canadians early access to their CERB benefits

TORONTO, May 27, 2020 (GLOBE NEWSWIRE) — KOHO, Canada’s leading challenger bank, today announced it is piloting a new Early Payroll feature that will help those under financial strain pay their bills and make ends meet. KOHO’s Early Payroll pilot will grant users free access to $100 of their CERB payment before the scheduled payday. […]

IMS Announces New Industry Partnership with Conversational AI Platform Provider, SmarTek21

Deployment by IMS sister company, Carrot Insurance, demonstrates the effectiveness of digital self-service within connected insurance programs. “IMS and TGG believe that delivering a high quality, end-to-end digital customer experience is a critical success factor for any connected auto insurance proposition”, said Andrew Brown-Allan, Chief Marketing Officer at TGG. “The integration of SmarTek21 as a […]

Bottomline Recognized as Cash Management Leader

PORTSMOUTH, N.H., May 21, 2020 (GLOBE NEWSWIRE) — Bottomline (NASDAQ: EPAY), a leading provider of financial technology that makes complex business payments simple, smart and secure, today said it has achieved Best-in-Class status in the just-released Aite Matrix: The Leading Providers of U.S. Cash Management Technology, 2020. The report evaluated providers in four areas (Vendor […]

Live Oak BusinessPulse Offers Economic Insights and Impacts to Small Business in the Midst of the Coronavirus Pandemic

WILMINGTON, N.C., May 13, 2020 (GLOBE NEWSWIRE) — Live Oak Bank announced today the release of the Q2 Live Oak BusinessPulse, a quarterly report covering analysis of business sentiment and economic insight, with special coverage on the COVID-19 pandemic’s impact to small business. The BusinessPulse, powered by Barlow Research Associates, Inc., provides detailed analysis and reporting on […]

FalconPro Technology Turns to Redrock Biometrics for Its PalmID® Palm-print Solution to Create 100% Cardless/Tokenless Transactions for Databases of Millions

SAN FRANCISCO, May 13, 2020 (GLOBE NEWSWIRE) — Redrock Biometrics announces today that it has been selected by FalconPro Technology Co., a worldwide leader in barcode technology, to co-develop a tokenless large-scale palm-based biometric identification solution for mass transportation and payments. FalconPro Technology is a leader in the design, manufacturing and supply of barcode technology, […]

Merchant Growth launches e-commerce financing, bringing fast and affordable capital to the surge of online Canadian businesses during COVID-19

Vancouver, May 13, 2020 (GLOBE NEWSWIRE) — Merchant Growth, a leading Canadian financial technology lender, today announces the launch of its e-commerce financing platform to help support the unprecedented growth of e-commerce amid COVID-19. With COVID-19 transforming e-commerce and driving a 126% increase in online sales across Canada, Merchant Growth has expedited its product roadmap […]

Plastiq Announces Accelerated Release of Free Credit Card Acceptance Product to Help Businesses through COVID-19 Crisis

Plastiq’s card acceptance product fast-tracked to help SMBs collect payments faster, keep cash on hand and still meet inventory needs SAN FRANCISCO, May 13, 2020 (GLOBE NEWSWIRE) — Today, Plastiq, the intelligent payment solutions provider for small and medium-sized businesses (SMBs), announced the accelerated availability of Plastiq’s card acceptance product. Originally slated for late Q3 […]

Trust Stamp Enters Insurtech Space with $100,000 Investment from OnRamp Accelerator

Atlanta, May 12, 2020 (GLOBE NEWSWIRE) — Trust Stamp, a global provider of AI-powered identity services, announces their acceptance into the OnRamp Insurance Accelerator, the leading accelerator for insurance innovation. Participation comes with a $100,000 investment into the company’s Series A round of funding and access to gener8tor’s global network of mentors and investors. Trust […]

Fattmerchant Launches Omni Connect, Enabling Software Companies to Accept Payments Directly in Their Platforms

The managed payments platform provides ISVs with more flexibility to monetize payment volume compared to any other platform available on the market ORLANDO, Fla., May 11, 2020 (GLOBE NEWSWIRE) — Fattmerchant, an integrated payment technology provider that simplifies the payment processing experience for business owners, today announces the launch of Omni Connect, a managed payments […]

Ebix Announces First Quarter Fiscal Year 2020 Financial Results

JOHNS CREEK, Ga., May 11, 2020 (GLOBE NEWSWIRE) — Ebix, Inc. (NASDAQ: EBIX), today announced the following results for the quarter ended March 31, 2020: Diluted EPS (GAAP) of $0.81 and Non-GAAP diluted EPS of $0.96 Operating cash flow of $29.6 million Revenues of $137.9 million and constant currency revenues of $ 141.6 million GAAP […]

Ethos Expands C-Suite with First Chief Revenue Officer, Erin Lantz

Ethos hires personal finance expert and operations executive from Zillow Group and Bank of America to lead CX efforts and sales organization SAN FRANCISCO, May 07, 2020 (GLOBE NEWSWIRE) — Ethos, the company making life insurance ethical and accessible to all, expanded its executive team with the hiring of its first Chief Revenue Officer, Erin […]

SE2 Names Mark Schultis as CEO

Schultis to lead company’s client focused, technology-driven approach in serving the life and annuity markets TOPEKA, Kan., May 05, 2020 (GLOBE NEWSWIRE) — SE2, an Eldridge business, and industry leader in life and annuities insurance technology, today named Chief Customer Officer, Mark Schultis, to CEO. Current Chief Executive, Gautam Thakkar, will remain on the SE2 […]

Snapsheet Brings Claims Management Platform to Clearcover

Strategic collaboration improves customer experience and operational efficiencies through an intelligent, touchless claims process CHICAGO, May 05, 2020 (GLOBE NEWSWIRE) — Snapsheet, a pioneer in virtual claims management processing technology, today announced a new strategic partnership with Clearcover. The collaboration between the two Chicago-based insurtech leaders integrates Snapsheet’s claims management software to power Clearcover’s modern […]

FactSet Increases Dividend

NORWALK, Conn., May 05, 2020 (GLOBE NEWSWIRE) — FactSet (NYSE:FDS | NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading services, today announced that its Board of Directors approved a 7% increase in the regular quarterly cash dividend from $0.72 per share to $0.77 per share. The $0.05 per share increase marks […]

Xceedance and Xemplar Partner to Advance Mobile Capabilities for Insurance Organizations

BOSTON and WAYNE, Pa., May 05, 2020 (GLOBE NEWSWIRE) — Xceedance and Xemplar Insights today announced a strategic partnership to bring innovative, mobile-based insurtech solutions to global property/casualty insurance markets. As a comprehensive consulting and managed services provider, Xceedance collaborates with insurers, reinsurers, MGAs, and brokers worldwide to optimize operations, apply intelligent technologies, increase analytic […]

Reliance Standard Selects EIS Group’s Insurance Platform for Voluntary Benefits

Modern, open technology platform will support transformation and innovation in insurer’s voluntary benefits business SAN FRANCISCO, May 05, 2020 (GLOBE NEWSWIRE) — EIS Group, a global core and digital platform provider for insurers, today announced that Reliance Standard Life Insurance Company (Reliance Standard), a leading group insurance carrier specializing in employee benefits solutions for companies […]

Store Growth for Minute Loan Center Rehoboth Beach, Delaware – Despite This Troubled Economic Climate.

Minute Loan Center corporate announces today that their Rehoboth Beach, Delaware location will be doubling in size with the addition of the team from the Lewes, Delaware store. Rehoboth Beach, Delaware Minute Loan Center Store Front – joins with the team from Lewes, Delaware. Visit our newly combined location. Serving as Your Community Lender! #minuteloancenter […]

Global Neo and Challenger Bank Market to Reach $471.0 Billion by 2027: at 48.1% CAGR

Convenience & flexibility, higher interest rates offered as compared to traditional banks, and favorable regulatory scenario drive the growth of the global neo and challenger bank market. Europe contributed the highest share in 2019, and will maintain its dominance throughout the forecast period. The revenue generated from interchange fees for neo and challenger banks will […]

Unity Bank Provides $130 Million in PPP Loans, Saving Thousands of Jobs Through SBA COVID-19 Lending Program

CLINTON, N.J., April 29, 2020 (GLOBE NEWSWIRE) — Gary Shiman, Co-Owner and Executive Vice President of Bellari Home Remodeling of Branchburg, represents one of the nearly 1,000 businesses that will receive more than $130 million in Unity Bank loans through the Small Business Administration (SBA) Paycheck Protection Program (PPP), the special funding initiative designed to […]

Xignite Named to WealthTech 100 List for Second Year in a Row

San Mateo, CA, April 29, 2020 (GLOBE NEWSWIRE) — Xignite, Inc., a provider of market data distribution and management solutions for financial services and technology companies, announced it has been named to the WealthTech 100 list of the world’s most innovative technology solution providers for asset managers, private banks and financial advisors. Xignite also had […]

Bitazza Uses AlphaPoint’s New Digital Asset Brokerage Platform to Launch as Licensed Thai Digital Asset Broker

AlphaPoint powered brokerage Bitazza receives Thai SEC approval and launches to serve the local market BANGKOK, Thailand, April 29, 2020 (GLOBE NEWSWIRE) — Following Bitazza’s acquisition of a digital asset broker license from Thailand’s Ministry of Finance, the company has taken its first step towards regional expansion, using AlphaPoint’s newly developed brokerage technology solution to […]

Fattmerchant Strengthens Presence in Growing SaaS Industry Through Partnership With SaaSOptics

Clients of the rapidly growing B2B SaaS management platform now have options to accept payments seamlessly and have access to lower processing costs ORLANDO, Fla., April 28, 2020 (GLOBE NEWSWIRE) — Fattmerchant, an integrated payment technology provider offering business owners real-time data analytics and award-winning customer service, today announces its partnership with SaaSOptics, the leading […]

DASH Regulatory Technologies Launches SaaS-Based Version of Industry-Leading Regulatory Capital Compliance Suite

DASH 360R’s hybrid approach allows customers to choose between on-premise or cloud deployment options “The new 360R platform is a huge leap forward for DASH, introducing advanced technologies never before available in regulatory computing. With the cloud-enabled configuration, we’ve taken the LDB suite – which has been the industry’s most reliable calculation tool for over […]

Lendio and Jack Henry & Associates Streamline the PPP Loan Application Process for Financial Institutions

Lendio provides the loan application and document infrastructure for Jack Henry’s bank and credit union clients across the U.S. Lehi, Utah, April 23, 2020 (GLOBE NEWSWIRE) — Lendio, the nation’s leading small business loan marketplace, today announced a strategic relationship with Jack Henry & Associates, Inc.® (NASDAQ: JKHY), a leading provider of technology solutions and […]

FactSet to Provide Fundamental and ESG Data to Government Pension Investment Fund

Content will fuel GPIF’s efforts to strengthen index selection and analysis TOKYO and NORWALK, Conn., April 23, 2020 (GLOBE NEWSWIRE) — FactSet (NYSE:FDS | NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading services, today announced that it will provide financial, non-financial, and benchmark data to the Government Pension Investment Fund (GPIF) […]

Live Oak Bancshares, Inc. Reports First Quarter 2020 Results

WILMINGTON, N.C., April 22, 2020 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (Nasdaq: LOB) (“Live Oak” or “the Company”) today reported a first quarter 2020 net loss of $7.6 million, or $(0.19) per diluted share, compared to net earnings of $2.4 million, or $0.06 per diluted share, for the first quarter of 2019.  The first […]

MeridianLink Delivers SBA PPP Fast Track Solution

Financial Institutions are Implemented, Accepting Applications and Filing Electronically in Under 48 Hours Costa Mesa, California, April 21, 2020 (GLOBE NEWSWIRE) — MeridianLink, developer of the financial industry’s first multi-channel loan and new account origination platform, announced that it was officially approved as a vendor to access the Small Business Administration (SBA) system and delivered […]

EIS and PwC launch Intelligent Insurance Ecosystem Initiative

EIS Group and PwC collaborate to develop ecosystem built for the future of insurance LONDON, April 21, 2020 (GLOBE NEWSWIRE) — EIS Group today announces the launch of an intelligent digital insurance ecosystem initiative in collaboration with PwC. The new ecosystem will combine agility with insights to enable market differentiation and deliver best-in-class customer experience. […]

IMS Announces Availability of Low-Cost, Quick-Start Auto UBI Program

The global pandemic has altered driving behaviors and exposed a need for a more flexible, data-driven, pay-as-you-go auto insurance model. “Right now, many auto insurers are responding to the apparent decline in vehicle usage by offering blanket rebates of premium to customers, which is certainly a welcome concession, with almost every household’s finances bearing some […]

Capgemini Press Release // World FinTech Report 2020: FinTech collaboration is even-more essential now for banks to achieve customer-centricity

Good morning, Please find below the press release issued today. Best regards, Florence LièvreGlobal PR Manager | Group Marketing & Communications Capgemini Group | ParisTel.: +33 1 47 54 50 71Email : [email protected]_____________________ Capgemini Press Contacts:                                                                             Efma Press Contact: Mary Sacchi (North America)                                                                                                Anna Quinn WE Communications for Capgemini                                                                   Tel.: +33 1 47 42 6771 Tel.: […]

Connecticut Based Continuity Offers U.S. Banks and Credit Unions Support for the Covid-19 Crisis

More than 100 CEOs and Compliance Officers accept Continuity’s offer to access the company’s regulatory technology, at no cost, to help during the pandemic Michael “Mike” Nicastro, CEO of Continuity Michael “Mike” Nicastro, CEO of Continuity NEW HAVEN, Conn., April 17, 2020 (GLOBE NEWSWIRE) — Continuity, a provider of risk and compliance management technology, is […]

Enterprise Engineering, Inc. and ebankIT expand services in the North America for Open Banking and Banking Platform Solutions

NEW YORK, April 16, 2020 (GLOBE NEWSWIRE) — Enterprise Engineering, Inc. (EEI), an industry leader and trusted advisor to the financial services industry, today announced expanded services offerings and banking platform solutions with ebankIT, a premiere global digital banking platform provider. The expanded offerings bolster EEI’s unique position as an Open Banking implementer/integrator and boosts ebankIT’s solutions presence in North America. […]