Globe Newswire


SE2 Enables USAA Life to Expand Its Annuity Business

TOPEKA, Kan., Feb. 04, 2020 (GLOBE NEWSWIRE) — SE2, an industry leader in providing technology-driven third-party administration services, announced today their support launching the USAA Life Insurance Company (USAA Life) Single Premium Immediate Annuity (SPIA) on the SE2 Aurum® platform. The SE2 Aurum® platform provides insurance carriers with a rich, engaging, fully-digital environment that enables them to […]

OP Financial Group’s Financial Statements Bulletin for 1 January–31 December 2019: Earnings before tax EUR 838 million – income increased by 10% and comparable expenses decreased

OP Financial Group Financial Statements Bulletin 1 January – 31 December 2019Stock exchange release 4 February 2020 09.00 am EET OP Financial Group’s Financial Statements Bulletin for 1 January–31 December 2019: Earnings before tax EUR 838 million – income increased by 10% and comparable expenses decreased Earnings before tax amounted to EUR 838 million (959). […]

Tom Shen Joins Sensibill as Chair of the Board

TORONTO, Feb. 03, 2020 (GLOBE NEWSWIRE) — Sensibill announced today that digital banking veteran Tom Shen has been appointed chair of the board. Shen is joined on the board by Corey Gross, co-founder and CEO of Sensibill, David Unsworth, general partner at Information Venture Partners, and Benji Sucher, general partner at Radical Ventures. Shen’s addition to […]

BrokerTech Ventures Shines National and International Spotlight on Iowa in Midst of Caucuses

Top 20 startups prepare for BrokerTech Ventures Accelerator’s Selection Series Days Feb. 4-6 DES MOINES, Iowa, Jan. 30, 2020 (GLOBE NEWSWIRE) — As Des Moines, Iowa, is thrust into the spotlight in anticipation of the upcoming caucuses, BrokerTech Ventures (BTV), the industry’s first broker-led investor group and accelerator program, is bringing 20 insurtech startups to […]

Global Digital Lending Platform Market, Forecast to 2025: A $11.6 Billion Opportunity, Rising at a CAGR of 20.3%

Dublin, Jan. 30, 2020 (GLOBE NEWSWIRE) — The “Global Digital Lending Platform Market (2019-2025)” report has been added to ResearchAndMarkets.com’s offering. The Global Digital Lending Platform Market size is expected to reach $11.6 billion by 2025, rising at a market growth of 20.3% CAGR during the forecast period. The development of global digital lending platform […]

Edison Financial Announces Seed Financing for New Digital Mortgage Startup in Windsor

WINDSOR, Ontario, Jan. 29, 2020 (GLOBE NEWSWIRE) — The city of Windsor will soon welcome an exciting new fintech startup, as former Lendesk Technologies Chief Financial Officer Hash Aboulhosn today announced he has left the company to reboot Edison Financial, a digital mortgage firm that has applied for a mortgage brokerage license in Ontario. In […]

Opera acquires European banking-as-a-service company Pocosys

Company to launch a new European fintech operation Opera acquires Pocosys Opera acquires Pocosys OSLO, Norway and TALLINN, Estonia, Jan. 27, 2020 (GLOBE NEWSWIRE) — Opera Limited (Nasdaq: OPRA) (“Opera”), one of the world’s leading browser providers is bringing new offerings across content, classifieds and fintech to its large user base of more than 350 […]

Socotra Raises $15.2 Million in Series B Funding to Transform Insurance IT

Former New York Life President John Kim joins Socotra Board SAN FRANCISCO, Jan. 23, 2020 (GLOBE NEWSWIRE) — Socotra, a San Francisco-based company with the only cloud-native core platform that enables insurance companies to rapidly develop and deploy new products, announced today that it has raised $15.2 million in a Series B funding round led […]

Live Oak Bancshares, Inc. Reports Fourth Quarter 2019 Results

WILMINGTON, N.C., Jan. 22, 2020 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (Nasdaq: LOB) (“Live Oak” or “the Company”) today reported fourth quarter 2019 net earnings available to common shareholders of $6.8 million, or $0.17 per diluted share as the Company continues to execute on our strategic priorities that we believe will deliver long-term earnings […]

Zywave Reports Record Growth, Sets Sights on 2020

Company releases 2019 Stewardship Report focused on innovation, integrations and continued growth MILWAUKEE, Jan. 21, 2020 (GLOBE NEWSWIRE) — Zywave, the leading insurtech provider powering agency growth, today released its 2019 Stewardship Report detailing the company’s unprecedented accomplishments over the past year. Highlights from 2019 include two major corporate acquisitions, becoming the leading data provider […]

IMS Brings Carrot UBI Platform to North American Insurers

Approach focused on engagement and reward already proven to deliver increased customer participation, better insurance outcomes, and safer drivers. “The auto insurance market in North America is very competitive, and UBI has provided an opportunity for insurers to differentiate, while enabling improved risk selection,” said Nino Tarantino, CEO of IMS (Americas). “Insurers must now begin […]

Continuity Wraps Up a Strong 2019 with a Strategic Acquisition, the Launch of a New Product and Multiple New Client Signings

The leader in Compliance Change Management and Enterprise Risk Solutions Enters 2020 with Significant Momentum and a Focus on Continued Growth NEW HAVEN, Conn., Jan. 16, 2020 (GLOBE NEWSWIRE) — Continuity, a leader in the development and deployment of compliance change management (CMS) and enterprise risk management (ERM) solutions for regulated financial institutions announced a […]

Vouch uses Socotra’s cloud-based platform to launch insurance products tailored for high-growth startups

Socotra’s advanced API-driven, modern core technology helped Vouch go from concept to production in five months, bringing tailored insurance to founders SAN FRANCISCO, Jan. 16, 2020 (GLOBE NEWSWIRE) — Vouch, the San Francisco-based insurance platform specializing in business insurance for startups, chose Socotra, the first cloud-native insurance core platform, to complement its proprietary technology and […]

The Global Digital Lending Platform Market size is expected to reach $11.6 billion by 2025, rising at a market growth of 20.3% CAGR during the forecast period

Digital lending platforms are commonly used through an online platform to handle the borrowing process. The digital lending process starts with online loan application with user registration, submission of online documents, authentication and confirmation of borrowers, approval of loans, and disbursement of loans and recovery of loans. New York, Jan. 14, 2020 (GLOBE NEWSWIRE) — […]

Leading Canadian Mortgage Tech Startup, Lendesk, Appoints Sean Wilson as COO

Wilson brings six years of executive experience serving Vancouver’s financial industries Vancouver, British Columbia, Jan. 13, 2020 (GLOBE NEWSWIRE) — Lendesk Technologies ULC, the premier FinTech provider for Canada’s mortgage industry professionals, today announced the appointment of Sean Wilson to the role of Chief Operating Officer at Lendesk, effective January 13, 2020. Wilson brings with […]

Keynote Speaker, Demoing Companies Announced for FinovateEurope 2020

NEW YORK, Jan. 09, 2020 (GLOBE NEWSWIRE) — via NetworkWire – Finovate Group, the research and events firm behind the only conference series focused exclusively on showcasing the best and most innovative new financial and banking technologies, today announces the selection of its keynote speaker for the upcoming FinovateEurope 2020, taking place Feb. 11-13, 2020, […]

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

WILMINGTON, N.C., Jan. 08, 2020 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (“Live Oak”) (Nasdaq: LOB) today announced that it will report its fourth quarter 2019 financial results after U.S. financial markets close on Wednesday, January 22, 2020. In conjunction with this announcement, Live Oak will host a conference call to discuss the company’s financial results and […]

2020 GIA Cohort Launches on January 14

Life and health-focused innovations take the spotlight this year Nicole Gunderson Nicole Gunderson, managing director of the GIA DES MOINES, Iowa, Jan. 08, 2020 (GLOBE NEWSWIRE) — The Global Insurance Accelerator (GIA), is pleased to announce the launch of its sixth cohort on January 14 with eight InsurTech companies coming to Des Moines, Iowa for […]

Lendesk, Leading Canadian Mortgage Tech Startup, Launches Purpose-Built Mobile Application for Brokers

Lendesk Spotlight mobile application gives mortgage brokers on-the-go access to real-time rate and policy information for smoother mortgage application and submissions Vancouver, British Columbia, Jan. 08, 2020 (GLOBE NEWSWIRE) — Lendesk, Canada’s premier FinTech company providing technology to connect mortgage brokers with the country’s top lenders, today announces the launch of the Lendesk Spotlight mobile […]

Ondot’s Expansion Leads to Significant Growth in 2019

With rapid growth and launch of Card App, Ondot announces itself as major player in digital payments transformation Santa Clara, Jan. 08, 2020 (GLOBE NEWSWIRE) — Ondot Systems, which provides digital services for credit and debit issuers, announced significant growth in 2019, fueled by the launch of Card App, a first-of-its-kind app providing convenience, transparency […]

BankMobile Announces Continued Innovation and Enhancements to its Digital Banking Platform for 2020

Leading Digital Bank to Offer Paycheck Advance, Market Rate Savings Account, and Personal Bankers New York, NY, Jan. 07, 2020 (GLOBE NEWSWIRE) — BankMobile, a division of Customers Bank, and among America’s largest and fastest-growing digital banks, today announced continued innovations and enhancements to its digital banking platform. BankMobile will offer a two-day paycheck advance, […]

Omaha National Workers Compensation Insurance Now Sold in Nebraska Through 3 Designated Agencies

“We are pleased to partner with these agencies because of their excellent reputations for customer service and strong commitment to business growth,” said Chris LaMantia, chief marketing officer of Omaha National. “It’s exciting to offer superior workers compensation and payroll services at competitive prices to employers in our home state.” OMAHA, Neb., Jan. 07, 2020 […]

FactSet to Launch Datasets on Snowflake

NORWALK, Conn., Jan. 07, 2020 (GLOBE NEWSWIRE) — FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications, and industry-leading service, announced that it will deploy its proprietary datasets, both structured and unstructured, on Snowflake, the cloud data platform, providing investment professionals with immediate and scalable access to content in a cloud-built SQL […]

Alaska USA FCU Successfully Launches Payveris’ Intelligent Digital Payments Platform

CROMWELL, Conn., Jan. 07, 2020 (GLOBE NEWSWIRE) — Payveris LLC, the fastest-growing provider of digital money movement technology to financial institutions announced Alaska USA Federal Credit Union, one of the 20 largest credit unions in the U.S. with $8.3 billion in assets, recently went live with Payveris’ intelligent MoveMoney Platform (SM) to deliver on their […]

FactSet Reports Solid Revenue and EPS Growth in First Quarter 2020

NORWALK, Conn., Dec. 19, 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 first quarter ended November 30, 2019. First Quarter Fiscal 2020 Highlights Revenues increased 4.3% or $15.0 million to $366.7 million compared with $351.6 million for […]

The Impact of Brexit on Banking & Fintech: Top Five Predicitons (2019 Report)

Dublin, Dec. 17, 2019 (GLOBE NEWSWIRE) — The “Impact of Brexit on Banking and Fintech – Top 5 Predictions” report has been added to ResearchAndMarkets.com’s offering. The report details the timeline of key developments in Brexit and an analysis of the impact of eight potential outcomes on areas ranging from free trade to Irish Backstop. […]

Millionaire is a State of Mind: KOHO Releases First of Its Kind Metal Cards

KOHO Launches First of its Kind Metal Cards KOHO Launches First of its Kind Metal Cards TORONTO, Dec. 13, 2019 (GLOBE NEWSWIRE) — On the heels of a $25M Series B extension announced in November, KOHO, Canada’s leading challenger bank, has launched metal cards to the surprise and delight of the 75,000 people who joined […]

Sensibill deepens UK market expansion with Metro Bank partnership

TORONTO, Dec. 12, 2019 (GLOBE NEWSWIRE) — Sensibill, a receipt management and item-level data provider, announced today that it will partner with Metro Bank, the first high street bank to open in the UK in over 100 years, to power its mobile receipt management offering. The partnership supports the bank’s mission to transform the digital […]

Nationwide launches new digital insurance product on Socotra

Socotra’s core platform enabled a tier-one company to develop a new millennial-focused product optimized for mobile devices in a matter of months SAN FRANCISCO, Dec. 11, 2019 (GLOBE NEWSWIRE) — Nationwide Mutual Insurance Company, one of the largest insurance and financial services companies in the U.S., has chosen Socotra as the core system to power […]

Global Lending Technology (LendTech) Market by Organization Size, Deployment, Type & Geography – Forecast to 2025

Dublin, Dec. 10, 2019 (GLOBE NEWSWIRE) — The “Lending Technology (LendTech) Market By Organization Size (SMEs, Large Enterprises), By Deployment (On-Premise, Cloud-based), By Type (Syndicated Lending, Commercial Lending, Consumer Lending, Mortgage Lending), and By Geography – Global Forecast up to 2025” report has been added to ResearchAndMarkets.com’s offering. According to the report, the global LendTech […]

Omaha National Expands to New Jersey, Brings Superior Claims Management

Reagan Pufall, president and CEO of Omaha National, was recently interviewed by Carrier Management, where he discussed the unique strategies that have catapulted Omaha National into one of the fastest growing workers compensation providers in the nation. “Our loss ratio is one of the lowest in the industry because of our superior underwriting and claims […]

Bottomline Delivers Intelligent Customer Engagement for Peapack-Gladstone Bank

PORTSMOUTH, N.H., Dec. 10, 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 that it will help digitally transform Peapack-Gladstone Bank’s (NASDAQ: PGC) client experience through its Digital Banking IQTM Relationship Management and Insights. Bottomline’s Digital Banking IQ […]

Zywave Acquires miEdge, Becomes Leading Data Provider in the Industry

Product integration will deliver the insurance industry’s most advanced prospecting and data engine, supporting Zywave’s comprehensive Product Cloud Portfolios MILWAUKEE, Dec. 04, 2019 (GLOBE NEWSWIRE) — Zywave, the leading insurtech provider powering agency growth, today announced the acquisition of miEdge™, the premier provider of lead generation, data analytics and prospecting solutions specifically designed for the […]

Compliance.ai Adds Key Executives for Sales and Marketing to Further Amplify Growth

Regtech disruptor grows senior team to fuel rapid expansion of regulatory change management solutions SAN FRANCISCO, Dec. 04, 2019 (GLOBE NEWSWIRE) — Compliance.ai today announced it has made two significant hires to strengthen its executive team bench. Matt Hill has joined Compliance.ai as the vice president of sales, and Julie Craig has been added as […]

Seneca establishes new Fintech Centre in Mumbai in partnership with the Thakur Institute of Management Studies and Research

Partnership will facilitate academic and applied research collaboration Toronto, Dec. 02, 2019 (GLOBE NEWSWIRE) — Seneca has opened a new Fintech Centre in Mumbai, India in collaboration with the Thakur Institute of Management Studies and Research (TIMSR). The Seneca-TIMSR Fintech Centre will see academic and applied research collaboration between the two institutions, including offering Seneca […]

Zafin Launches Salesforce Integration to Help Financial Institutions Better Serve Customers

Zafin Pricing for Salesforce enables banks using Salesforce to personalize offers and enhance the customer and employee experience TORONTO, Nov. 18, 2019 (GLOBE NEWSWIRE) — Zafin, a leading provider of product and pricing control solutions for financial institutions, today announces the launch of Zafin Pricing for Salesforce, a pre-built integration between Zafin and Salesforce tailored […]

AP Intego Named a Top Place to Work for 2019 by The Boston Globe

Magazine Honors the Best Employers in Massachusetts The Boston Globe Top Places to Work 2019 The Boston Globe Top Places to Work 2019 WALTHAM, Mass., Nov. 18, 2019 (GLOBE NEWSWIRE) — AP Intego, a leading digital insurance agency and one of the nation’s fastest-growing Insurtech companies, has been named one of the Top Places to […]

Zendrive Welcomes John Kramer as New Director of Insurance Sales

Insurance Veteran Tapped to Expand North American Partnerships SAN FRANCISCO, Nov. 14, 2019 (GLOBE NEWSWIRE) — Zendrive, a mission-driven company using data and analytics to make roads safer and insurance fairer, today announced John Kramer as Director of Insurance Sales. He brings with him nearly 20 years of insurance experience in underwriting, usage-based insurance, product […]

Live Oak Bank Named USDA Commercial Lender of the Year

WILMINGTON, N.C., Nov. 13, 2019 (GLOBE NEWSWIRE) — Live Oak Bank has been named the 2019 Commercial Lender of the Year by the U.S. Department of Agriculture Rural Development.   Live Oak was presented the award on October 22nd for being the highest volume lender nationwide for the USDA’s loan guarantee programs, encompassing the Rural Energy for America Program […]

Continuity Named Marcum Tech Top 40 Finalist, as one of 40 Fastest Growing Tech Companies in the state

NEW HAVEN, Conn., Nov. 12, 2019 (GLOBE NEWSWIRE) — The Connecticut Technology Council (CTC) and Marcum LLP announced Continuity, a provider of Risk and Compliance Management Technology for financial institutions, has made the Marcum Tech Top 40 (TT40) list of fastest growing technology companies in Connecticut. The Marcum Tech Top 40 recognizes technology leaders in […]