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

RAYL Innovations Provides Update on IPO Planning and Leadership Changes

DOW J Dow Jones Industrial Average NASDAQ NASDAQ Composite VANCOUVER, British Columbia, May 27, 2022 (GLOBE NEWSWIRE) — RAYL Innovations Inc. (“RAYL” or the “Company“), provides an update on the Company’s planned Initial Public Offering (the “IPO“); and announces changes to management team and Board of Directors. IPO Planning Upon completion of materially all broker […]

The IoT Community Announces Synadia as a Gold-level Corporate Member in its Elite IoT Ecosystem

Derek Collison, Founder & CEO, Synadia Communications, Inc, appointed to the IoT Community Advisory Board Collison and Synadia, to deliver virtual keynote and participate in IoT Center of Excellence discussions at the IoT Slam Live 2022 conference, June 22-23, Cary, North Carolina, USA LONDON–(BUSINESS WIRE)–#5G–The IoT CommunityTM (Internet of Things Community), the world’s largest community […]

Wolters Kluwer Wins Third Consecutive FTF News Innovation Award for Operational Risk Management Excellence

OneSumX® for Operational Risk solution continues to dominate this arena for financial services providers MINNEAPOLIS–(BUSINESS WIRE)–#WoltersKluwer—Wolters Kluwer Compliance Solutions has earned a 2022 FTF News Technology Innovation Award for its OneSumX® for Operational Risk solution, marking the third consecutive year in which this technology has earned top honors for excellence in product innovation. The FTF […]

Ackroo Releases Q1 2022 Financial Results

Ackroo delivers 21% YoY revenue and 13% YoY EBITDA as a percentage of revenue growth HAMILTON, Ontario, May 27, 2022 (GLOBE NEWSWIRE) — Ackroo Inc. (TSX-V: AKR; OTC: AKRFF) (the “Company”), a loyalty marketing, payments and point-of-sale technology and services provider, has filed its financial results for the period ended March 31, 2022. The results […]

United States Electric Vehicle Charging Infrastructure Market Growth Opportunities to 2030 – Declining Lithium-Ion Battery Costs Presents Key Opportunites

U.S. Electric Vehicle Charging Infrastructure Market U.S. Electric Vehicle Charging Infrastructure Market Dublin, May 27, 2022 (GLOBE NEWSWIRE) — The “U.S. Electric Vehicle Charging Infrastructure Market Size, Share & Trends Analysis Report by Charger Type, by Connector, by Application, and Segment Forecasts, 2022-2030” report has been added to’s offering. The U.S. electric vehicle charging […]

Key Trends and Opportunities in the Global Open Banking Market 2022-2026: Big Data Analytics Used to Personalize Customer Experience Services

Dublin, May 27, 2022 (GLOBE NEWSWIRE) — The “Open Banking Global Market Report 2022” report has been added to’s offering. The global open banking market is expected to grow from $15.13 billion in 2021 to $19.14 billion in 2022 at a compound annual growth rate (CAGR) of 26.5%. The market is expected to grow […]

Evrynet And Velo Announce Strategic Merger To Build The Future Of CeDeFi

Blockchain infrastructure leader and dApp pioneer bring together institutional and retail product suite to deliver new wave of financial services BANGKOK, Thailand, May 26, 2022 (GLOBE NEWSWIRE) — EvryNet, a financial services platform for building centralized and decentralized applications in DeFi, has today announced a strategic merger with Velo Labs, a leading blockchain infrastructure company […]

Floify Welcomes Sofia Rossato as President and General Manager, and Dan Goldman as VP of Sales

BOULDER, Colo., May 26, 2022 (GLOBE NEWSWIRE) — Floify, the mortgage industry’s leading point-of-sale solution and subsidiary of Porch Group, Inc. (“Porch Group”) (NASDAQ: PRCH), welcomes Sofia Rossato as President and General Manager, and Dan Goldman as VP of Sales. Rossato was previously the Chief Executive Officer at the omnichannel chat platform SnapEngage and brings […]

Trading Central wins at the Technical Analyst Awards

OTTAWA, Ontario & PARIS–(BUSINESS WIRE)–The Technical Analyst Awards recognize the best in market research, financial data, software and artificial intelligence. At the 2022 edition, industry peers voted Trading Central a winner in three categories: Best AI Product, Most Innovative New Product & Best Multi-Asset Data Provider. Trading Central’s suite of embeddable apps & APIs power […]

CreditPoint Announces Launch of New Bureau Management Library (BML)

TULSA, Okla.–(BUSINESS WIRE)–CreditPoint Software LLC, the leading provider of credit risk management software in the Fintech order-to-cash space, announced the launch of its new Bureau Management Library. With the launch of BML, CreditPoint now has over 15 built-in API integrations to the world’s leading bureaus and business data reporting systems. The goal of the BML […]

Wellington-Altus Partners with CapIntel to Put More Innovation in Advisors’ Hands

CapIntel’s partnership with Wellington-Altus reflects the wealth management industry’s growing adoption of technology platforms that support advisors in delivering better outcomes for clients. WINNIPEG, MANITOBA & TORONTO & MONTREAL–(BUSINESS WIRE)–CapIntel, a leading financial technology company that improves day-to-day workflow efficiency and fund analysis for financial advisors announces a strategic relationship with Wellington-Altus Financial Inc. (Wellington-Altus), […]

MDT Credit Unions Live with DeepTarget Integration into Jack Henry’s Banno Digital Platform

Altana FCU and LAFCU leverage DeepTarget’s sophisticated engagement and sales tools within their digital banking environment through MDT partnership FARMINGTON HILLS, Mich.–(BUSINESS WIRE)–Member Driven Technologies (MDT), a CUSO that hosts the Episys® core processing system from Symitar® to provide a private cloud alternative for core processing and IT needs, today announced that the DeepTarget integration […]

Insurtech Pendella Adds PEO AdvanStaff HR As Partner

AdvanStaff HR – Life Insurance Landing Page AdvanStaff HR – Individual Life Insurance Landing Page FORT MYERS, Fla., May 26, 2022 (GLOBE NEWSWIRE) — Pendella Technologies, a fast-growing technology company on a mission to take the bias out of life insurance, announced a partnership with AdvanStaff HR, a professional employer organization (PEO) currently serving 400 […]

ePayResources Names Jeff Foote President

ePayResources logoi ePayResources logoi DALLAS, May 26, 2022 (GLOBE NEWSWIRE) — ePayResources™ has named Jeff Foote as incoming President effective June 1, 2022, to succeed Laura Steele as CEO upon her retirement in 2023.   Jeff is an accomplished strategic leader, team builder, and results-driven financial services executive with extensive banking, treasury, payments, and digital solutions expertise. […]

Gresham Worldwide, a BitNile Holdings Subsidiary, Booked New Orders Exceeding $8.6 Million in the First Quarter of 2022

LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”), announces its global defense business, Gresham Worldwide, Inc. (“Gresham Worldwide”), booked orders for new business exceeding $8.6 million in the first quarter ended March 31, 2022, continuing momentum from the latter half of 2021. While new orders in […]

Wearable Technology Market Projected to Reach $265.4 billion by 2026

Chicago, May 26, 2022 (GLOBE NEWSWIRE) — According to MarketsandMarkets™, the “Wearable Technology Market by Product (Wristwear, Headwear, Footwear, Fashion & Jewelry, Bodywear), Type (Smart Textile, Non-Textile), Application (Consumer Electronics, Healthcare, Enterprise & Industrial), and Geography – Global Forecast to 2026″, size is projected to grow from USD 116.2 billion in 2021 to USD 265.4 […]

Connect Financial Expands Team to Support Marketing and Product Developments

Connect Financial Welcomes Chantel Connect Financial Welcomes Chantel CALGARY, Alberta, May 26, 2022 (GLOBE NEWSWIRE) — Connect Financial, an innovative cryptocurrency financial platform, announces today the expansion of their team and welcomes Chantel Meeley as its new Chief Marketing Officer (CMO) and Chief Experience Officer (CXO). Chantel Meeley comes to the team with a wide […]

United States Loyalty Programs Technology Analysis Report 2022: Increased Personalization and Better Customer Experiences with Loyalty Programs and the Important Role that Payment Data Can Play

Dublin, May 26, 2022 (GLOBE NEWSWIRE) — The “United States: How Payments Can Drive Better Loyalty and Rewards Programs” report has been added to’s offering. This report provides insight into the new technology driving increased personalization and better customer experiences with loyalty programs and the important role that payment data can play. Traditional loyalty […]

First Busey Corporation Announces Pricing of Subordinated Notes Offering

CHAMPAIGN, Ill., May 25, 2022 (GLOBE NEWSWIRE) — First Busey Corporation (NASDAQ: BUSE) (the “Company”), the holding company for Busey Bank (the “Bank”), today announced the pricing of its public offering of $100.0 million aggregate principal amount of 5.000% Fixed-to-Floating Rate Subordinated Notes due 2032 (the “Notes”). The price to the public for the Notes was 100% of the […]

Lesaka Technologies, Inc. trades shares under new stock tickers

JOHANNESBURG, South Africa, May 25, 2022 (GLOBE NEWSWIRE) — Lesaka (NasdaqGS: LSAK; JSE: LSK) today announced that it has commenced trading under its new name and tickers on both the NasdaqGS and Johannesburg Stock Exchange. As reported on May 6, 2022, the Company’s shareholders approved the new name of Lesaka Technologies, Inc. On May 16, […]

Pemo Launches All-in-One Spend Management Platform for MENA SMEs Following $12 Million Seed Round

DUBAI, United Arab Emirates–(BUSINESS WIRE)–Pemo, the UAE-based fintech startup empowering businesses across the Middle East, North Africa and Pakistan (MENAP), announced that it has launched its all-in-one spend management platform. Pemo offers fast, transparent, and simplified invoice payment and expense management solutions, as well as smart corporate cards, for small and medium-sized enterprises (SMEs) in […]

NextAlt LLC Announces Soft Launch Showcasing High Caliber Fund Managers

NextAlt’s Features and Benefits NextAlt’s Features and Benefits NextAlt Platform Visibility NextAtl Platform Visibility HOUSTON, May 25, 2022 (GLOBE NEWSWIRE) — NextAlt, LLC (NextAlt) is pleased to announce its soft launch showcasing three high caliber fund managers (Managers). NextAlt’s platform is designed to fill the gap to provide accredited investors direct access to hard to […]

Q2 Accelerates Innovation and Speed of Delivery for MAX Credit Union

Within its first year of adoption, MAX Credit Union has ushered in a companywide digital-first culture with Q2 Innovation Studio, resulting in huge savings of time and money AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced its partnership with Alabama-based MAX Credit Union (“MAX”) […]

Mambu and Brim Financial Partner to Deliver Transformative Digital Banking, Embedded Finance Products Platform in Real-Time

Integrated platform provides powerful user experience, enables rapid speed to market with next-generation products MIAMI–(BUSINESS WIRE)–Market-leading SaaS banking platform Mambu, and Brim Financial (Brim), one of the fastest growing fintech companies in North America, today announced a strategic partnership to deliver a modern, more powerful digital banking, deposit, lending and cards platform across Canada and […]

Prove Joins Visa Ready for BNPL to Enable an Authenticated and Frictionless User Onboarding Experience

Prove’s Pre-Fill solution will enable lenders and merchants to implement faster and safer identity verification for BNPL payment options NEW YORK–(BUSINESS WIRE)–Prove Identity, Inc. (“Prove”), the leader in digital identity, announced today it has joined the Visa Ready for BNPL (Buy Now, Pay Later) program. Prove will enable Visa’s BNPL clients to streamline account opening […]

Mixie Holoport Powers Industry Recognition for Frontera Customer

Mixie Holoport 3.0 Immersive Framework Underpins Frontera Client Named by The Close as One of “Six New Real Estate Tech Companies to Watch Out for in 2022” DALLAS, TEXAS, May 25, 2022 (GLOBE NEWSWIRE) — Frontera Group, Inc. (OTC Pink: FRTG) (“Frontera” or “the Company”), a technology-focused strategic acquirer of revenue-generating companies and intellectual property […]

Cantaloupe’s Seed™ Platform Helps Customers Like Continental Services Streamline their Operation and Position them for Future Acquisition Growth

Use of Seed Pro, Seed Office, and Seed Delivery Have Transformed Continental Services’ Entire Operation MALVERN, Pa.–(BUSINESS WIRE)–$CTLP #autonomousretail—Cantaloupe, Inc. (NASDAQ: CTLP), a digital payments and software services company that provides end-to-end technology solutions for the unattended retail market, is changing the way vending companies service their customers with Cantaloupe’s Seed™ platform. From vending and […]

Onfido’s Real Identity Platform Improves Performance by 12x with Fully Automated, End-to-End Identity Verification

NEW YORK & LONDON–(BUSINESS WIRE)–#AML—Onfido, the leading global digital identity verification and authentication provider, today announced the expansion of its Real Identity Platform, improving fraud accuracy by 54% and fully automated performance by 12x. The platform simplifies identity for everyone. Now customers can reduce the complexity of sourcing and managing multiple identity verification vendors to […]

 Prelim Provides Enhanced Capabilities For Financial Institutions Through Seamless Integration With Fintech Providers

SAN FRANCISCO–(BUSINESS WIRE)–#automation–Recognizing the growing need for strong, streamlined connections to financial services for new customer and member onboarding, Prelim is leading the fintech space with another innovation. A fintech provider optimizing customer-driven banking experiences for financial institutions, Prelim announced the release of its platform’s new app store, which helps connect Prelim customers with leading […]

Paystand Launches First NetSuite Self-Driving AR Solution that Puts the Cash Cycle on Auto-Pilot for Faster, Simpler Payments

Paystand SuiteApp for NetSuite enables fast, efficient and profitable payments, delivering advanced features for accepting deposits for Quotes & Estimates, auto conversion of quotes to sales orders, instant Cash Sales for Sales Orders, and AutoPay Upon Fulfillment SCOTTS VALLEY, Calif.–(BUSINESS WIRE)–Paystand, the leader in blockchain-enabled B2B payments, and the maker of the fast growing and […]

Arturo and ICEYE Team Up to Bring Insurers Near Real-Time Flood and Property Damage Insights

The collaboration will combine SAR satellite imagery with property insights to enable insurers to respond to flood claims with greater efficiency and accuracy CHICAGO & HELSINKI–(BUSINESS WIRE)–#aerialimagery–Arturo, the proptech company that delivers intelligent analytics from individual property to portfolio, and ICEYE, a world-leading SAR data provider and expert in natural catastrophe solutions, announced today a […]

iCapital® to Acquire SIMON Markets, a Leading Advisor Platform for Structured Investments, Annuities, and Risk-Managed Solutions

Combination creates a comprehensive global advisor marketplace for alternatives access, education, and servicing NEW YORK–(BUSINESS WIRE)–iCapital,1 the leading global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, and SIMON Markets,2 the award-winning3 fintech company offering a digital platform designed to help financial advisors understand and manage structured […]

EF Hutton Appoints Vince Curatola as Managing Director, Capital Markets Services

NEW YORK, NY, May 25, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – EF Hutton, division of Benchmark Investments, LLC, announced today Vince Curatola has joined the firm as Managing Director, Capital Markets Services. Vince will work across the platform helping to grow the business and develop capabilities for today and the future. He will leverage […]

Connect Financial Expands Team to Support Product and Business Developments

Christo Brown Joins Connect Financial Christo Brown Joins Connect Financial CALGARY, Alberta, May 25, 2022 (GLOBE NEWSWIRE) — Connect Financial, an innovative cryptocurrency financial platform, announces today the expansion of its team and welcomes Christo Brown as its new Director of Product.  As a product director, Christo constantly manages outside forces from savvy competitors, technology […]

LiquidityBook Hires Jonathan Cross to Spearhead EMEA Business Operations

LONDON, May 25, 2022 (GLOBE NEWSWIRE) — LiquidityBook, a leading provider of cloud-native buy- and sell-side trading solutions, today announced the hire of Jonathan Cross as General Manager, EMEA. He will be based in the firm’s London office and report directly to CEO Kevin Samuel. Mr. Cross will manage all aspects of LiquidityBook’s EMEA business […]

AnnieMac Equips Loan Teams Nationwide with Powerful Mobile Mortgage Toolset from SimpleNexus

Independent lender says Nexus Engagement and Nexus Origination will support its productivity and recruitment goals LEHI, Utah, May 25, 2022 (GLOBE NEWSWIRE) — SimpleNexus (, an nCino (NASDAQ: NCNO) company and developer of the United States’ leading homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced that AnnieMac Home Mortgage […]

North America POS Terminals Market revenue to reach $30bn by 2026, says Graphical Research

Major POS terminals market players in North America region AURES Group, Hewlett Packard Enterprise, Ingenico Group, Verifone Systems, Inc., NCR Corporation, Micros Retail Systems, Inc., PAR Technology, Inc., and Square Inc. Pune, India, May 25, 2022 (GLOBE NEWSWIRE) — As per a recent industry report put forward by Graphical Research, the North America POS terminals […]

Tritium Announces Partnership with TNS to Provide Integrated Payment Solutions to Global Charge Point Operator Customers

Tritium Overhead Photo Overhead photo of Tritium’s PKM150 fast chargers for electric vehicles. The partnership is expected to supply Tritium with new payment terminal options to integrate with the company’s line of DC fast chargers. The payment terminals supplied by TNS will allow Tritium to expand the company’s payment solutions to 10 new countries and […]

UOB Kay Hian Goes Extramile

HONG KONG–(BUSINESS WIRE)–Goldhorse, a Hong Kong fintech company specializing in financial products, today announced that it has been selected by UOB Kay Hian Hong Kong, a top brokerage firm in Asia with over a century of operating and continued excellency, to provide a series of customized tools and financial services for the expansion of its […]

M Science Launches Consumer Spending Trends Platform on Australia’s Largest Companies

Investors and Businesses can now access Data-Driven insights tailored specifically to the Australian Marketplace NEW YORK & SYDNEY–(BUSINESS WIRE)–M Science, the pioneer in data-driven research and analytics, announced today the launch of its Australia Spending Trends Platform. This initiative marks an expansion of the firm’s increasing global presence. Derived from M Science’s leading-edge data, the […]

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