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 and Globe Newswire.

Thor Equities Group Chairman, Joe Sitt, Makes Guest Appearance on Bloomberg Markets to Discuss Current Real Estate Trends and Shares Insights on Investment Strategies During a War Economy

New York, March 24, 2023 (GLOBE NEWSWIRE) — Joe Sitt, Chairman of leading global real estate firm, Thor Equities Group, spoke on Bloomberg Markets on March 23rd to discuss the highlights and challenges being faced by the commercial real estate industry, as well as the banking crisis, importance of carbon footprints, venture capitalism, and the war […]

CORRECTION — North Dallas Bank & Trust Co.

DALLAS, March 24, 2023 (GLOBE NEWSWIRE) — In a release issued on Thursday, March 23 by North Dallas Bank & Trust Co. (OTCBB: NODB), please note that headline has been corrected from “Declares Year-End Regular Dividend” to “Declares Regular Dividend”. The corrected release follows: North Dallas Bank & Trust Co. Declares Regular Dividend On March 21, 2023, the […]

Netherlands Prepaid Card and Digital Wallet Business and Investment Opportunities Databook Q1 2023 Update: Sector to Reach $9.42 Billion by 2027 at a 6.4% CAGR

Dublin, March 24, 2023 (GLOBE NEWSWIRE) — The “Netherlands Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend – Q1 2023 Update” report has been added to ResearchAndMarkets.com’s offering. According to the publisher, the prepaid card market (value terms) in Netherlands increased at […]

Coreum L1 Launches, with New Smart Token Technology to Unlock Potential of DeFi

Advancements Include Smart Tokens, WASM Contracts, IBC Interoperability and ISO20022 Compliance DUBAI, United Arab Emirates, March 24, 2023 (GLOBE NEWSWIRE) — Coreum, the new enterprise-grade layer one blockchain developed by the Coreum Development Foundation, has officially launched. The low-latency, proof-of-stake blockchain supports the expansion of modular, fast, secure, and interoperable blockchain-based applications, ultimately cultivating the […]

Nigeria Prepaid Card and Digital Wallet Business and Investment Opportunities Databook Q1 2023 Update: Sector to Reach $20.16 Billion by 2027 at a 16.3% CAGR

Dublin, March 24, 2023 (GLOBE NEWSWIRE) — The “Nigeria Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend – Q1 2023 Update” report has been added to ResearchAndMarkets.com’s offering. According to the publisher, the prepaid card market (value terms) in Nigeria increased at […]

France Prepaid Card and Digital Wallet Business and Investment Opportunities Databook Q1 2023 Update: Sector to Reach $42.98 Billion by 2027 at a 6.1% CAGR

Dublin, March 24, 2023 (GLOBE NEWSWIRE) — The “France Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend – Q1 2023 Update” report has been added to ResearchAndMarkets.com’s offering. According to the publisher, the prepaid card market (value terms) in France increased at […]

Flash News: OKX Expands Web3 Ecosystem with zkSync Era

VICTORIA, Seychelles, March 24, 2023 (GLOBE NEWSWIRE) — OKX, the world-leading cryptocurrency platform, has issued updates for the week of March 20, 2023. OKX Web3 Wallet Integrates with zkSync EraOKX has further expanded its Web3 ecosystem with the integration of zkSync Era. The OKX Wallet web extension is now fully integrated in the platform, enabling […]

Kontiki Finance Limited Prepares for Growth and Expansion With Q2’s Digital Lending Solutions

Kontiki Finance scales up for expansion into new markets throughout Oceania with Q2’s cloud-based solutions, Q2 Originate™, Q2 Loan Servicing™ and Q2 Collections™ AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, announced today that Kontiki Finance Limited (KFL), a USD $110 million, multi-ethnic microfinance company […]

Financial Institutions, Inc. Announces 2023 Annual Meeting Date

WARSAW, N.Y., March 23, 2023 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), the parent company of Five Star Bank (the “Bank”), SDN Insurance Agency, LLC, Courier Capital, LLC and HNP Capital, LLC, today announced that Wednesday, June 21st, has been established as the date of its 2023 Annual Meeting of Shareholders. The […]

Now Available for Building Mobile Web Apps, Veryfi Provides User-Friendly Computer Vision and Document Capture Framework

Veryfi Lens Mobile Capture Framework first AI-based edge detection and document blur detection features for mobile web apps SAN MATEO, Calif.–(BUSINESS WIRE)–#AIML–With the new Veryfi Lens Mobile Capture Framework for Web, developers now have an easier way to transform document images and extract data through a combination of optical character recognition (OCR) and artificial intelligence […]

Candidly Wins “Best Student Loan Management Platform” Designation in 7th Annual FinTech Breakthrough Awards Program

Prestigious International Awards Program Recognizes Outstanding Financial Technology Products And Companies NEW YORK–(BUSINESS WIRE)–Candidly, the market’s leading student debt management platform, today announced that it is the winner of the “Best Student Loan Management Platform” award in the 7th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough. This is the second consecutive year that […]

Fund That Flip Launches New $20 Million Tax-Advantaged Investment Offering, the Horizon Residential Income Fund I

New fund offers tax-advantaged returns of a diversified mortgage REIT NEW YORK, March 23, 2023 (GLOBE NEWSWIRE) — Fund That Flip, a leading real estate investment firm providing end-to-end technology and capital services to real estate entrepreneurs and investors, today announced the launch of its new Horizon Residential Income Fund I. Structured to offer the […]

J.P. Morgan Wealth Plan™ Named ‘Best Personal Finance Product’

Wealth Plan recognized by FinTech Breakthrough Awards for helping people make smarter money decisions NEW YORK–(BUSINESS WIRE)–J.P. Morgan Wealth Management’s Wealth Plan was named Best Personal Finance Product in the 2023 FinTech Breakthrough Awards. The tool, launched in December of 2022, is available for free in the Chase Mobile app and on Chase.com. Wealth Plan […]

MyComplianceOffice Wins “Best Compliance Management Solution” Designation in 7th Annual FinTech Breakthrough Awards Program

Prestigious International Awards Program Recognizes Outstanding Financial Technology Products And Companies NEW YORK–(BUSINESS WIRE)–#asiarisk–Global conduct risk and compliance technology provider MyComplianceOffice (MCO), today announced that it has been selected as winner of the “Best Compliance Management Solution” award in the 7th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization […]

Unifimoney and First Fidelity Bank Announces Enhanced Yield Savings Program for Community Banks and Credit Unions to Grow Deposits

Unifimoney and First Fidelity Bank launch an enhanced yield savings program giving account holders the choice of a Cash Account with 3.655% APY or Money Market Fund with a 4.80%. OKLAHOMA CITY & SAN FRANCISCO–(BUSINESS WIRE)–#communitybanks–Today Unifimoney Inc. (Unifimoney), a multi-asset digital wealth management platform for Community Banks and Credit Unions, and First Fidelity Bank […]

Majesco Integrates ACORD Solution Group’s ADEPT to Improve Speed, Accuracy and Security of Data Exchange

MORRISTOWN, N.J.–(BUSINESS WIRE)–#futureforecast–Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced plans to extend its long-time partnership with ACORD, integrating Majesco’s Core Suite for P&C with ACORD Solutions Group’s ADEPT data exchange platform to accelerate support and innovation for customers operating in the Lloyds and London Market. ACORD, a […]

Munich Re Life US and Paperless Solutions Group Announce Risk Assessment Solution that Transforms Life Insurance Underwriting

State-of-the-art SaaS solution uses cutting-edge digital systems to deliver faster and more precise mortality risk assessment to bring life insurance to more people NEW YORK–(BUSINESS WIRE)–Munich Re Life US (Munich Re) today announced a new combined risk assessment and e-application solution with insurtech leader Paperless Solutions Group (PSG), an MIB business, that allows life insurance […]

Singapore Prepaid Card and Digital Wallet Business Databook 2023: Market Size and Forecasts, Consumer Attitude & Behaviour, Retail Spend 2018-2027

Dublin, March 23, 2023 (GLOBE NEWSWIRE) — The “Singapore Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend – Q1 2023 Update” report has been added to ResearchAndMarkets.com’s offering. The prepaid card market (value terms) in Singapore increased at a CAGR of 8.2% […]

Netcapital Named “Best Crowdfunding Platform” at FinTech Breakthrough Awards for Second Consecutive Year

Netcapital Funding Portal selected from over 4,000 nominations across a range of FinTech categories BOSTON–(BUSINESS WIRE)–$NCPL #Earnings—Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today was named “Best Crowdfunding Platform” for the funding portal netcapital.com at the 7th Annual 2023 FinTech Breakthrough Awards, a premier awards program founded to recognize […]

EquityZen Named “Best Retail Investment Company” In 7th Annual FinTech Breakthrough Awards Program

Prestigious International Awards Program Recognizes Outstanding Financial Technology Products And Companies NEW YORK–(BUSINESS WIRE)–EquityZen Inc. (”EquityZen”), a leading online marketplace for buying and selling pre-IPO shares, today announced that it has been selected as winner of the “Best Retail Investment Company” award in the 7th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an […]

XTM Launches Wage Incentive Program for Healthcare Workers Across North America

MIAMI & TORONTO–(BUSINESS WIRE)–$PAID #Fintech–XTM Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech creator of disruptive payment innovations and staff management solutions to inspire today’s workers in the hospitality, personal care and service space today announced that it is product ready and, by leveraging its Payfare (TSE: […]

Account-to-Account Payments Set to Revolutionize Shopping, with E-commerce Payments Reaching $525 Billion Globally: Worldpay from FIS 2023 Global Payments Report

Key facts Emerging trend: Account-to-account payments continued to gain momentum in 2022 to account for US$525 billion in global e-commerce transaction value. Global forecast: Global e-commerce market is set to be worth nearly US$8.5 trillion in 2026. Shift in balance of U.S. payments: For the first time, digital wallets surpassed credit cards to become the […]

Ault Alliance and BitNile Metaverse Announce BitNile.com Experiences Significant Growth, Surpassing 370,000 Active Users in First 21 Days

Over 370,000 active users in the first 21 days of early access Companies expect introduction of three new games and three new in-world features within the next 30 days LAS VEGAS–(BUSINESS WIRE)–$AP #21_days_early_access—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance”) and BitNile Metaverse, Inc. (Nasdaq: BNMV) (“BitNile Metaverse”), the company behind […]

Sweden Prepaid Card and Digital Wallet Business and Investment Opportunities Databook Q1 2023 Update: Sector to Reach $8.55 Billion by 2027 at a 9.6% CAGR

Dublin, March 23, 2023 (GLOBE NEWSWIRE) — The “Sweden Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend – Q1 2023 Update” report has been added to ResearchAndMarkets.com’s offering. According to the publisher, the prepaid card market (value terms) in Sweden increased at […]

Vemanti partners with Finastra to build first SME-focused neobank in Southeast Asia

IRVINE, Calif., March 23, 2023 (GLOBE NEWSWIRE) — Vemanti Group, Inc. (“Vemanti” “Vemanti Group” or the “Company”) (OTCQB: VMNT) today announced that it has chosen Finastra International Ltd. (“Finastra”) to help build Southeast Asia’s first SME-focused neobank. Initially focusing on Vietnam, Vemanti will use Finastra’s next-generation core banking solution, Fusion Essence, as the platform for new products […]

Flash News: OKX Lists Arbitrum, Launches $ARB/USDT Perpetual Trading Competition

OKX to list Arbitrum (ARB) for Spot and Perpetual Trading Users can win from up to 25,000 USDT Prize Pool in a $ARB/USDT Perpetual Trading Competition VICTORIA, Seychelles, March 23, 2023 (GLOBE NEWSWIRE) — OKX, the world-leading cryptocurrency platform, has issued updates for the week of March 20, 2023. OKX lists Arbitrum (ARB) for Spot […]

United States Prepaid Card and Digital Wallet Business and Investment Opportunities Databook Q1 2023 Update: Visa Continues to Dominate Through Strategic Collaborations with Key Banks

Dublin, March 23, 2023 (GLOBE NEWSWIRE) — The “United States Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend – Q1 2023 Update” report has been added to ResearchAndMarkets.com’s offering. Prepaid payment instruments are growing in popularity among consumers in the United States, […]

Bottomline Features in Award-Winning Circles

FinTech Breakthrough Award and Stevie Award add to March Recognition PORTSMOUTH, N.H., March 23, 2023 (GLOBE NEWSWIRE) — Bottomline, a leading provider of financial technology that helps make business payments simple, smart and secure, today announced two industry award wins. First is today’s FinTech Breakthrough Award for Transaction Security Innovation, and the other the Stevie […]

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Atlassian, PLDT, Global Payments, and Caribou and Encourages Investors to Contact the Firm

NEW YORK, March 22, 2023 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Atlassian Corporation Plc (NASDAQ: TEAM), PLDT Inc. (NYSE: PHI), Global Payments, Inc. (NYSE: GPN), and Caribou Biosciences, Inc. (NASDAQ: CRBU). Stockholders have […]

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Lumen, Vertex Energy, Fidelity National, and Match and Encourages Investors to Contact the Firm

NEW YORK, March 22, 2023 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Lumen Technologies, Inc. (NYSE: LUMN), and Vertex Energy, Inc. (NASDAQ: VTNR), and Fidelity National Information Services, Inc. (NYSE: FIS), Match Group, Inc. […]

Cross-Border Expansion Top Priority For US-Based Businesses to Offset Current Economic Headwinds, Shows Rapyd Report

50% of surveyed B2B businesses in the United States report rising inflation as their deepest concern threatening their organizations today. 43% of the same organizations believe business expansion is essential to offset the challenges of inflation, high interest rates and market volatility. 76% of businesses surveyed globally pay $10+ transaction fees on cross-border payments and […]

Enact Announces Integration with Blend to Digitally Enhance the Mortgage Application Process

Enact Rate Quotes Now Available in Blend RALEIGH, N.C., March 22, 2023 (GLOBE NEWSWIRE) — Enact Holdings, Inc. (Nasdaq: ACT) (Enact) a leading provider of private mortgage insurance through its insurance subsidiaries announced today that they have integrated with Blend, a leading provider of digital banking and mortgage solutions. Through Blend’s digital mortgage platform, lenders […]

NFC Chip Market is expected to top a valuation of US$ 5.8 billion by 2031 | Exclusive Report by Transparency Market Research

The surge in application of NFC in mobile payment solutions is expected to create lucrative opportunities for solution providers Wilmington, Delaware, United States, March 22, 2023 (GLOBE NEWSWIRE) — Transparency Market Research Inc. – The NFC Chip Market was valued at US$ 1.5 Bn in 2021. NFC technology is utilized in a wide range of […]

D.A. Davidson Announces The Herd 2023 Featuring the Top 100 Privately-Held Software Companies Globally

From rising startups to late-stage funded giants, companies in The Herd stand out for their exciting innovation, growth, and market positioning NEW YORK–(BUSINESS WIRE)–D.A. Davidson & Co. today released its fourth annual The Herd report featuring the top 100 privately-held software technology companies based in the U.S. and globally, largely falling within D.A. Davidson’s core […]

SoFi Checking and Savings to Offer Access to Up to $2 Million in FDIC Insurance

SoFi Will Increase Available FDIC Insurance Coverage from $250K to $2M via participation in the New SoFi FDIC Insurance Network SAN FRANCISCO–(BUSINESS WIRE)–SoFi Technologies, Inc. (“SoFi”), the digital personal finance company, announced that its SoFi Checking and Savings members will be able to protect their deposits with access to up to $2 million of FDIC […]

Regula Introduces a Complete Single-Vendor Solution for Advanced Identity Fraud Prevention

Regula, a global developer of forensic devices and identity verification (IDV) solutions, addresses the demand for a single-vendor solution mentioned by nearly one-third of organizations surveyed globally.* The complete updated solution includes both document and biometric checks. It makes identity verification easier to implement and makes it possible to do it almost in one click. […]

Pacific Western Bank Provides Further Update and Details on Financial Strength

LOS ANGELES, March 22, 2023 (GLOBE NEWSWIRE) — Pacific Western Bank (the “Bank”), the primary subsidiary of PacWest Bancorp (NASDAQ: PACW) (the “Company”), today issues the following update regarding its financial strength, including liquidity and deposits, as well as other recent developments. Financial information is unaudited. Consistent with its announcement on March 17, 2023, the […]

GPS Capital Markets Recognized as One of Utah’s 100 Companies Championing Women

SALT LAKE CITY, March 22, 2023 (GLOBE NEWSWIRE) — GPS Capital Markets, LLC, a leading Fintech firm offering corporate foreign exchange services, has been honored as one of Utah’s 100 Companies Championing Women. The honor was bestowed on behalf of the Utah Governor’s Office of Economic Opportunity and the Utah Women and Leadership Project at […]

U.S. Bank Expands Client Offerings in Europe With New ETF Servicing Capability, Secures First ETF European Client

DUBLIN–(BUSINESS WIRE)–U.S. Bank today announced the launch of their new exchange-traded fund (ETF) services in Europe, as well as their first client for this offering. U.S. Bank will support Horizon Kinetics’ European version of their Inflation Beneficiaries ETF (Ticker: INFBN NA), an actively managed fund that seeks to address one of the most important economic […]

UAE Robo-advisory in the wealth management market is expected to generate a revenue of USD 750.0 Mn in 2027 owing to digitalization in financial services and low minimum investment requirement: Ken Research

The report focuses on the UAE Robo-Advisory in Wealth Management Market Segmentation by Type (Pure Robo-Advisors & Hybrid Robo-Advisors); by End User (Retail Investors, High Net Worth Individuals, & Institutional Investors), and by Region (Ajman, Umm Al-Quwain, Fujairah, Ras Al Khaimah, Sharjah, Abu Dhabi, & Dubai). Gurugram, India, March 22, 2023 (GLOBE NEWSWIRE) — UAE […]

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