Techwire


Press releases and announcements from the world of banking technology, fintech, payments and paytech, and the broader financial services sector, distributed by Business Wire.

Ignatica, DouBao & EasiTech Ink Deal to Digitise APAC Insurance Sector

New platform will speed innovation and new product development in APAC region HONG KONG–(BUSINESS WIRE)–#digitaltransformation–Ignatica, DauBao and EasiTech said Friday they’re joining forces to create a new platform that will tap the full potential of the Asia-Pacific region’s burgeoning insurance sector. The three said they’ll integrate the DouBao Digital Cloud, EasiTech Mobile Application and the […]

Fiserv Selected to Further Bank of Queensland’s Digital Strategy

Fintech will enable debit card program for Bank of Queensland and Virgin Money Australia BRISBANE, Queensland–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, has been selected by the Bank of Queensland (BOQ) Group to deliver a card issuing and management solution that can support multiple brands and […]

Affirm to Acquire PayBright, One of Canada’s Leading Buy-Now-Pay-Later Providers, for CAD $340 Million

Transaction Enables Affirm, a Leading U.S.-based Pay-Over-Time Platform, to Expand Presence in Canada and Serve Even More Merchants and Consumers SAN FRANCISCO–(BUSINESS WIRE)–Affirm, a more flexible and transparent alternative to credit cards, today announced it has entered into a definitive agreement to acquire PayBright, one of Canada’s leading buy-now-pay-later providers. Under the terms of the […]

Indigo Adds to Leadership Team to Accelerate Movement Toward a More Beneficial Agriculture System

The company appoints former Chief Technology Officer of GrubHub Maria Belousova as Chief Digital Officer and Elizabeth Graham as Chief Operating Officer. Belousova and Graham will further refine and open access to Indigo’s data-driven crop production and marketing platform. Building upon the expertise of Indigo’s C-Suite with backgrounds driving value for multiple stakeholders, the new […]

Institutional Investors Worldwide Use DiligenceExpress to Monitor $45 Trillion of Assets Under Management – Free of Charge

MONTREAL–(BUSINESS WIRE)–#adv–Castle Hall, the Due Diligence Company, today provided an update on the firm’s DiligenceExpress due diligence monitoring tool. Institutional investors worldwide now use DiligenceExpress to monitor asset managers with total regulatory assets under management of $45 trillion – completely free of charge. The platform contains information on more than 20,000 asset managers and more […]

Andersen Global Enters Georgian Market; Adds MG Law Office

SAN FRANCISCO–(BUSINESS WIRE)–#agexpansion–Andersen Global enters the Georgian market through a Collaboration Agreement with Tbilisi-based law firm MG Law Office, further expanding the organization’s coverage in the region. MG Law, ranked Tier 1 by Legal 500, provides legal services to local and foreign companies, financial institutions, investment funds, governments and public enterprises. Led by its Founder […]

Netcapital Inc. to Commence Trading as NCPL and Achieves Penny Stock Exempt Status

Lifting Penny Stock Restrictions Simplifies Investing for New Participants. Penny Stock Exempt Status Increases Attractiveness to Potential New Netcapital Inc. Investors. Netcapital Inc. to Trade Under the Ticker NCPL Effective 12/4/2020, as Previously Announced. BOSTON–(BUSINESS WIRE)–$NCPL #DemocratizingAccessToCapital—Netcapital Inc. (OTC: NCPL), a fintech company dedicated to democratizing private capital markets and empowering entrepreneurs to succeed, announced […]

Banks and Retailers Urged to Update Fraud Prevention Tools to Protect Consumers and Stop Surging Identity Theft and Fraud

MELVILLE, N.Y.–(BUSINESS WIRE)–#banking–With the holiday shopping season in high gear and COVID-19 cases continuing to skyrocket, identity theft and fraud is occurring at a record pace. According to the FBI, reported cybercrimes alone have risen 300% since the beginning of the pandemic. Fraudsters are using the abundance of stolen personal identifiable information to take over […]

CAIS Announces New Integration with Orion for Seamless Transaction Reporting

CAIS continues to connect the wealth management ecosystem, making it easier for independent financial advisors to access alternative investments. NEW YORK–(BUSINESS WIRE)–CAIS, the leading alternative investment platform, today announced an integration with Orion Advisor Solutions, architect of the tech-enabled fiduciary process that empowers the advisor-client journey by enabling advisors to Prospect, Plan, Invest, and Achieve […]

SellersFunding Announces Global Expansion of Industry-Leading eCommerce Financial Services Platform Into EU, UK, CA

NEW YORK–(BUSINESS WIRE)–#AmazonSeller–SellersFunding, the first-to-market provider of a turn-key integrated financial services solution for sellers on Amazon, Shopify, Magento and other marketplace and eCommerce platforms, today announced their global expansion to online sellers in Canada, the United Kingdom, and the European Union. By combining access to working capital, daily advances and global cross-border payment features, […]

Tellimer Brings Structure to Big Data With Pioneering AI Extraction Tool, Parsel

LONDON–(BUSINESS WIRE)–Tellimer Group (Tellimer), the London-headquartered financial technology, data and information provider, has today launched its proprietary data extraction and structuring tool, Parsel. As big data collection and management continues to inundate and challenge businesses around the world, the need to efficiently recover information from large, unstructured datasets is paramount. Using advanced AI algorithms and […]

Wintrust Selects NCR Digital First Banking Platform

ATLANTA–(BUSINESS WIRE)–NCR Corporation (NYSE: NCR), a global enterprise technology provider for the financial industry, today announced that Wintrust Financial Corporation (Nasdaq: WTFC), a $43 billion bank holding company with 15 branded community bank subsidiaries, selected NCR to provide its Digital First Banking platform, including its Channel Services Platform (CSP) and NCR D3 Digital Banking solutions, […]

Okta Secures the Identities of Banks, Accelerating Digital Transformation in Financial Services

Financial services organizations deploy a single platform, the Okta Identity Cloud, to secure their workforces and customers SAN FRANCISCO–(BUSINESS WIRE)–Okta, Inc. (NASDAQ:OKTA), the leading independent provider of identity for the enterprise, today announced significant momentum in the financial services industry with new and expanded deployments for Canadian Western Bank, First National of Nebraska, and Nota, […]

CLARA Analytics Unveils Its AI-Based Litigation Avoidance Solution for Commercial Auto

CLARA Litigation for Commercial Auto Reduces Attorney Involvement and Litigation Rates, Improves Loss Ratios SANTA CLARA, Calif.–(BUSINESS WIRE)–#AI—CLARA Analytics (“CLARA”), the leading provider of artificial intelligence (AI) technology in the commercial insurance industry, today announced that it has expanded its proven litigation product into the commercial auto line. CLARA Litigation for Commercial Auto applies revolutionary […]

Q2 Helps to Build Strong and Diverse Communities Around the World

Donations Reinforce Company Mission and Address the Unique Challenges of 2020 AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced its expanded support for organizations that are meaningful to employees around the world: Code2College, Black Girls Code, Year Up, International Relief Teams (IRT), and […]

SoftWorks AI, Tavant Partner to Provide Intelligent Document Automation Solutions for Digital Mortgages

Joint solution streamlines creation, management of digital loan files, delivers touchless mortgage automation FOREST HILLS, N.Y.–(BUSINESS WIRE)–SoftWorks AI, an AI and computer vision-based mortgage automation firm, today announced it has entered a strategic alliance with Tavant, a Silicon Valley-based provider of AI-powered digital lending technologies, to provide organizations with an enhanced digital mortgage experience. SoftWorks […]

ClientPay Makes Payment Acceptance Simpler for Leading Law Firms Through Integrated Payment Pages

The new integrated feature is available for all ClientPay Connect customers as part of the practice management system integration. ST. PAUL, Minn.–(BUSINESS WIRE)–#Accounting–ClientPay (clientpay.com), an award-wining digital payment acceptance solution for legal and professional services firms, has announced enhanced integrations with some of the legal industry’s leading practice management solutions. Law firms using the ClientPay […]

Skyflow Joins Financial Data Exchange to Transform Secure Sharing of Banking Data

Company Extends Industry-First Privacy Cloud to Global Financial Services Firms PALO ALTO, Calif.–(BUSINESS WIRE)–#dataprivacy—Skyflow, the leader in protecting privacy for enterprises, today announced it is joining the Financial Data Exchange (FDX) to help speed the financial industry’s transition to modern, transparent and secure data sharing. The rapid adoption of cloud services and the increased mobility […]

BAC Community Bank Adds to its Digital Banking Solutions through Partnership with ZSuite Technologies

Community financial institution to offer ZRent and ZDeposit BURLINGTON, Mass.–(BUSINESS WIRE)–#ZDeposit—ZSuite Technologies, a financial technology company offering digital tools that help small businesses and individuals automate collection of recurring payments and manage security deposits, has partnered with California-based BAC Community Bank (BAC). This relationship enables the bank to expand its digital offerings to include ZRent […]

Javelin Strategy & Research Expands Capabilities With Addition of Wealth Management Practice Led by Industry Leader William Trout

New Digital Wealth offering to expand and enhance Escalent’s financial services portfolio SAN FRANCISCO–(BUSINESS WIRE)–Javelin Strategy & Research, part of the Escalent family, today announced the expansion of its industry-leading financial services research and insight capabilities with the addition of a new wealth management offering. The Digital Wealth practice is led by the newly appointed […]

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