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.
BRYN MAWR, Pa., Oct. 21, 2021 (GLOBE NEWSWIRE) — Bryn Mawr Bank Corporation (NASDAQ: BMTC) (the “Corporation”), parent of The Bryn Mawr Trust Company (the “Bank”), today reported net income of $18.4 million, or $0.92 diluted earnings per share, for the three months ended September 30, 2021, as compared to $21.3 million, or $1.06 diluted […]
SEATTLE, Oct. 21, 2021 (GLOBE NEWSWIRE) — Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a leading digital financial services provider for immigrants and their families, today announced that it will report third quarter 2021 financial results after the market close on Wednesday, November 10, 2021. Management will host a conference call and live webcast to present […]
COLUMBUS, Ohio, Oct. 21, 2021 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced its plans to host a conference call to discuss financial results for the third quarter of 2021 on Thursday, November 11, 2021 at 8:00 a.m. Eastern Time. The Company plans to release its third […]
NEW YORK, Oct. 21, 2021 (GLOBE NEWSWIRE) — via InvestorWire — CryptoCurrencyWire (“CCW”), one of 50+ brands part of IBN (“InvestorBrandNetwork”), today announces that it will collaborate with Cutting Edge Events LLC on the occasion of its Florida Bitcoin & Blockchain Summit (“FBBS”), taking place at Florida’s Amalie Arena in Tampa on Nov. 4-5, 2021. […]
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Lending and cash management solutions are now widely available to advisors using Orion OMAHA, Neb.–(BUSINESS WIRE)–To help independent financial advisors become a one-stop shop for all of their clients’ financial needs, Orion Advisor Solutions (“Orion”) is now live with Orion Cash & Credit, Powered by Focus Client Solutions (“Orion Cash & Credit”) on its Wealthtech […]
New look and feel depict Capchase’s ability to accelerate growth and remove barriers to financing for founders NEW YORK–(BUSINESS WIRE)–Capchase, the New York-based provider of non-dilutive capital for recurring-revenue companies, announced today that it has launched a new brand identity that will appeal directly to fast-growing businesses in need of flexible funding. The new branding […]
Speakers include Bill Barhydt, Founder & CEO of ABRA; Jaime Rogozinski, Founder, WallStreetBets; Ben Goertzel and Grace the Robot, SingularityNET; and Michael Wagner, Co-Founder & CEO of Star Atlas LAS VEGAS, Oct. 21, 2021 (GLOBE NEWSWIRE) — (via Blockchain Wire) – CoinAgenda (www.coinagenda.com), the premier global conference series connecting blockchain and cryptocurrency investors with startups since […]
Featured Image for JS Bank Featured Image for JS Bank KARACHI, Pakistan, Oct. 21, 2021 (GLOBE NEWSWIRE) — JS Bank and the Embassy of Spain jointly hosted the unveiling of a pictorial journey in the form of a coffee table book titled “A Walk Through Spain” by Pakistani artist Ammar Zaidi at the Spanish Ambassador’s […]
MINNEAPOLIS, Oct. 21, 2021 (GLOBE NEWSWIRE) — Total Expert, the customer experience platform purpose-built for modern financial institutions, today announced it has been selected by Fidelity Bank, one of the oldest and continually growing independent, local community banks serving customers in Central and Eastern Massachusetts. Partnering with Total Expert, Fidelity Bank will bring CRM and […]
SMITHFIELD, N.C., Oct. 21, 2021 (GLOBE NEWSWIRE) — KS Bancorp, Inc. (the “Company”) (OTC Pink: KSBI), parent company of KS Bank, Inc. (the “Bank”), announced unaudited results for the third quarter of 2021. The Company reported net income of $1.7 million or $1.52 per diluted share, for the three months ended September 30, 2021, an […]
Rapid implementation modernizes business operations and significantly reduces underwriting time MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced Celina Insurance Group implemented Majesco’s Utilant Loss Control 360 with Self Survey in 10 months. Utilant was acquired by Majesco earlier this year. Founded in 1914, Celina Insurance […]
NEW YORK–(BUSINESS WIRE)–#CX–Personalized video company Idomoo today announced the signing of two top 10 U.S. insurance carriers to its Next Generation Video Platform, joining four other carriers who signed earlier this year. These new deals follow Idomoo’s award-winning work with Europe’s largest insurance carrier, who also expanded its relationship with the company this year, committing to additional […]
First-of-its-kind service empowers workers to earn shares in Uber, Lyft, DoorDash, and Grubhub to hand them unprecedented say in their futures DOVER, Del.–(BUSINESS WIRE)–#doordash—Moves, a financial services company designed to meet the business needs of today’s gig workers, today announced the launch of The Moves Collective, a radically new and mold-busting service that enables gig […]
Financial Industry standards body announces major update to open finance API to promote greater interoperability and adoption. RESTON, Va.–(BUSINESS WIRE)–#FDXAPI—The Financial Data Exchange (FDX) today announced a major update of its common open finance standards via the release of FDX API version 5.0. The new version of the FDX API significantly increases market standardization of […]
AUSTIN, Texas–(BUSINESS WIRE)–#b2b–BluePallet, the digital marketplace connecting manufacturers with the chemical industry, today announced their latest round at $5 million led by Vinmar Ventures, a subsidiary of Vinmar International. The funding brings BluePallet’s total raise to $10 million, with seed funding coming from other chemical industry veterans including Terry Hill, Barentz CEO of North America; […]
JACKSONVILLE, Fla.–(BUSINESS WIRE)–NYMBUS®, a leading provider of banking technology solutions, today announced that PeoplesBank has selected Nymbus to modernize its core banking platform in order to best serve the institution’s customers and support continued growth. Headquartered in Holyoke, Massachusetts with assets exceeding $3.6 billion, PeoplesBank will convert its core banking system over to Nymbus’ single, […]
NASHVILLE, Tenn., Oct. 21, 2021 (GLOBE NEWSWIRE) — Truxton Corporation (OTCPK: TRUX), the parent company for Truxton Trust Company (“Truxton” or “the Bank”) and subsidiaries, announced its operating results for the quarter ended September 30, 2021. Third quarter net income attributable to common shareholders was $3.9 million or $1.34 per diluted share compared to $2.5 […]
FIs can now leverage Financial Health KLIs to identify and assist their account holders experiencing a wide variety of financial hardships. Cuyahoga Falls, Ohio, Oct. 21, 2021 (GLOBE NEWSWIRE) — 73% of Americans rank their finances as the number one stress in their life.1 Segmint, the global leader in transaction cleansing and analytics for financial […]
TORONTO–(BUSINESS WIRE)–$PAY #gigworkers—Payfare, Inc. (TSX: PAY), a leading fintech powering instant payout and digital banking solutions for the gig workforce, today announced it is integrating with Plaid, a data network powering the digital financial ecosystem. Payfare powers faster, digital payments for some of the world’s largest on-demand platforms. In addition to instant access to earnings, […]
Bitcoin Mining Production Reaches $10 Million Annualized Run Rate Based on Current Market Value of Bitcoin with Expected Growth to $15 Million by Month End LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—Ault Global Holdings, Inc. (NYSE American: DPW), a diversified holding company (the “Company”), announced that its subsidiary, BitNile, Inc. (“BitNile”), is currently mining approximately $10 million worth […]
Mastercard Track™ Business Payment Service and new partnership with Demica enables easier access to flexible working capital for buyers and suppliers New offering supports Mastercard’s expansion of its Track BPS network around the world with new partnerships solidified in North America, Middle East & Africa, Europe, Asia Pacific, and Latin America PURCHASE, N.Y.–(BUSINESS WIRE)–Mastercard today […]
Dublin, Oct. 21, 2021 (GLOBE NEWSWIRE) — The “Global WealthTech Solution Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Component (Solution and Services), End User (Banks, Wealth Management Firms, and Others), Organization Size, and Deployment Mode” report has been added to ResearchAndMarkets.com’s offering. The global wealthtech solution market is expected to grow […]
Insurer implements Guidewire for increased system efficiency, better data insight, and enriched customer experience CARDIFF, Wales & LONDON–(BUSINESS WIRE)–Admiral Group plc, the FTSE 100 Financial Services organisation, and Guidewire Software, Inc. (NYSE: GWRE) today announced that Admiral has implemented Guidewire as the new claims management system for its household line of business. Guidewire PartnerConnect Consulting […]
VIENNA–(BUSINESS WIRE)–Leading European blockchain interface company RIDDLE&CODE and the largest crypto infrastructure platform for node management and staking Blockdaemon, announced today a strategic, long-term partnership that will focus on delivering next-gen industrial tokenization services. RIDDLE&CODE will integrate Blockdaemon’s premium full node services to scale and enhance the tokenization capabilities of its Token Management Platform. Tokenization […]
New industry study explores the future of payments – from embedding ethics into transactions, to whether machine learning will make financial education redundant LONDON–(BUSINESS WIRE)–Today, Marqeta, the global modern card issuing platform, announced the launch of its new industry study, conducted in partnership with Consult Hyperion – The European Payments Landscape in 2030: Implants, embedded […]
Key facts Worldpay from FIS has been named Crypto Payment Service Provider of the Year at the Crypto AM awards. The Payment Service Provider of the Year award recognizes the organization that offers a leading and exceptionally secure, flexible and innovative digital asset payments solution. JACKSONVILLE, Fla.–(BUSINESS WIRE)–Financial technology leader Worldpay from FIS® (NYSE: FIS) […]
SYDNEY–(BUSINESS WIRE)–RegTech company Napier, provider of advanced anti-financial crime compliance solutions, has announced that specialist core banking and digital services provider Data Action will use the full Napier platform to strengthen its anti-money laundering (AML) and counter terrorism financing (CTF) defences in servicing Australia’s alternative banking industry. Napier’s advanced and integrated set of tools, including […]
ST. PETERSBURG, Fla. / PITTSBURGH, Pa., Oct. 20, 2021 (GLOBE NEWSWIRE) — Raymond James Financial, Inc. (NYSE: RJF) and TriState Capital Holdings, Inc. (NASDAQ: TSC) have entered into a definitive agreement under which Raymond James will acquire TriState Capital in a combination cash and stock transaction, valued at approximately $1.1 billion. Under the terms of […]
SOUTHAMPTON, Pa., Oct. 20, 2021 (GLOBE NEWSWIRE) — Quaint Oak Bank, the wholly-owned subsidiary of Quaint Oak Bancorp, Inc. (OTCQB: QNTO), announced its launch of Oakmont Commercial, LLC, a multi-state Specialty commercial real estate finance company based in Southampton, Pa. Oakmont Commercial will be led by Ken Markizon, President & CEO of this new subsidiary […]
BETHESDA, Md., Oct. 20, 2021 (GLOBE NEWSWIRE) — Eagle Bancorp, Inc. (the “Company”) (NASDAQ: EGBN), the parent company of EagleBank (the “Bank”), today announced net income of $43.6 million for the third quarter of 2021, compared to net income of $41.3 million for the third quarter of 2020, a 5.5% increase. Net income per basic […]
WOOSTER, Ohio, Oct. 20, 2021 (GLOBE NEWSWIRE) — Wayne Savings Bancshares, Inc. (OTCQX: WAYN), (the “Company”), the holding company parent of Wayne Savings Community Bank, reported net income (unaudited) of $1,952,000 or $0.81 per common share for the quarter ended September 30, 2021, compared to $1,949,000 or $0.77 per common share for the quarter ended […]
DUNMORE, Pa., Oct. 20, 2021 (GLOBE NEWSWIRE) — The Board of Directors of Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company’s fourth quarter dividend of $0.33 per share, a 10% increase above the prior quarterly cash dividend of $0.30 per […]
NEW YORK–(BUSINESS WIRE)–Signal Intent, a leader in financial calculators for the digital age, announced today that its CEO and co-founder Matthew Covi has been named a 2021 Lending Luminary by PROGRESS in Lending Association. This award recognizes people in the mortgage banking industry who are inspiring others with their vision and leadership. Under Covi’s direction, […]
OTTAWA, Oct. 20, 2021 (GLOBE NEWSWIRE) — On Thursday, October 21, 2021, CDIC will hold its Annual Public Meeting. The bilingual meeting will feature a panel discussion on the importance of raising public awareness of deposit protection among women in Canada. Leah Anderson, President and CEO of CDIC, will be joined by members of the CDIC […]
BOSTON–(BUSINESS WIRE)–State Street Corporation (NYSE:STT) today announced the first transaction within its Peer-to-Peer Repo program following its launch earlier this year. The trade was executed between a large asset owner and a non-traditional investment manager. The Peer to Peer repo program seeks to facilitate overnight and term repo trading between buy-side counterparties, including traditional and […]
PHOENIX–(BUSINESS WIRE)–#Arizona–Clarus Wealth Advisors LLC (“Clarus”), a family-owned, dually registered SEC Registered Investment Advisor headquartered in Peoria, Arizona, announced today the launch of a new website as part of the firm’s planned offering geared to Investment Adviser Representatives (IARs). Clarus’s new website, www.claruswealthadvisors.com, further streamlines the client experience with easy access to a secure, mobile […]
ASHEVILLE, N.C., Oct. 20, 2021 (GLOBE NEWSWIRE) — For the second year in a row, HomeTrust Bank (“HTB”) has been named the “Best Small Bank in North Carolina” by Newsweek in their ranking of financial institutions that best serve their customers’ needs in today’s challenging times. The global pandemic affected nearly every aspect of American life, and banking […]
Nuvei to provide payment processing expertise and technology to Connecticut’s online gaming operators Nuvei Payment Technology Partner MONTREAL and HARTFORD, Connecticut, Oct. 20, 2021 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the global payment technology partner of thriving brands, has announced that its wholly owned subsidiary has been granted […]
Encompass 21.3 Release Enables 0% Loans for Housing Finance Authority (HFA) Borrowers PLEASANTON, Calif.–(BUSINESS WIRE)–ICE Mortgage TechnologyTM, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that the industry’s leading origination system released additional enhancements to the Encompass® platform. The Encompass 21.3 release supports the […]
Neobank FIBR launches to support European SMEs via local lenders Based in the Netherlands, FIBR is the new trading… twitter.com/i/web/status/1…
UK neobank @Zopa raises $300m to fuel next phase of growth The lending-focused challenger secured a UK banking lic… twitter.com/i/web/status/1…
Video: #fintech news pick of the week – @n26, @lunarbank, Pismo & more fintechfutures.com/2021/10/video-…
FinTech Futures Jobs: Three really great jobs to apply for this week Exciting vacancies at @OakNorth, @FinastraFS… twitter.com/i/web/status/1…
Indian #fintech start-up CRED secures $251m Series E funding CRED aims to help people improve their #credit score… twitter.com/i/web/status/1…
#Analysis: BNPL: The now and the later How can the BNPL industry do more to protect consumers and help the world w… twitter.com/i/web/status/1…
.@deel hits $5.5bn valuation following $425m Series D round Deel, which hit unicorn status earlier this year follo… twitter.com/i/web/status/1…
New social #investing app AleFi launches in US AleFi argues that a “growing number of uneducated retail investors”… twitter.com/i/web/status/1…
