Techwire


Nymbus CUSO Secures Landmark $20 Million Investment by VyStar Credit Union

Marks the Industry’s Largest-ever Fintech Funding Round Made on Behalf of a Credit Union MIAMI–(BUSINESS WIRE)–NYMBUS®, a leading provider of banking technology solutions, today announced it has completed a significant financing round to advance the development of its new credit union service organization (CUSO), Nymbus CUSO. Founded in March 2021 to help break through barriers […]

Auburn National Bancorporation, Inc. Reports First Quarter Net Earnings

First Quarter 2021 Results: Net earnings of $2.0 million, compared to $1.8 million for Q1 2020 Earnings per share of $0.56 per share, compared to $0.50 per share for Q1 2020 Mortgage lending income of $0.5 million more than doubled, compared to $0.2 million in Q1 2020 Funded 204 loans in 2021 totaling $18.7 million […]

Ebix Reports GAAP Diluted EPS of $3.02 on Record Revenues of $625.6 Million and Operating Cash of $100.4 Million

JOHNS CREEK, Ga., April 27, 2021 (GLOBE NEWSWIRE) — Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, e-governance and healthcare industries, today reported fiscal 2020 fourth quarter (“Q4 2020”) and full year results for the periods ended December 31, 2020. Ebix will host a conference […]

Merchants Can Offer More Touch-free Ways to Pay as Fiserv Brings PayPal and Venmo QR Code Payments to the Point of Sale

New functionality will roll out to businesses of all sizes as well as sports and entertainment venues including the Phoenix Suns Arena via the Clover platform and Carat ecosystem BROOKFIELD, Wis.–(BUSINESS WIRE)–Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, is enabling businesses of all sizes across a range […]

 Wayflyer and Adobe Announce Merchant Finance Solution to Propel eCommerce Industry

         Through the partnership, Wayflyer will offer tailored financial solutions to Adobe merchants, helping to solve critical working capital issues         The partnership aims to fund 8000 eCommerce businesses in its first year of operation         Partnership set to supercharge Wayflyer’s growth – which has seen it fund over 300 eCommerce businesses in the last […]

GBT filed a Patent Application Covering a Commercial Method and Software Application Empowered by AI Technology

The Technology Targets a Wide Variety of Advertising and Marketing Capabilities SAN DIEGO, April 27, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”) filed a provisional patent for a commercial method and software empowered by its AI technology with U.S. Patent and Trademark Office (“USPTO”). The invention is targeting […]

Buy Now Pay Later & ePOS Credit Spend to Exceed $760 Billion in 2025, as the Installment Market Booms: Kaleido Intelligence

KLARNA, AFTERPAY AND AFFIRM LEAD THE BNPL MARKET VIA HIGH-RISK USER ONBOARDING AND RAPID MERCHANT EXPANSION LONDON–(BUSINESS WIRE)–#AFTERPAY–ePOS Finance, which is composed of BNPL (Buy Now Pay Later) and ePOS Credit, is set to exceed $760 billion eCommerce transaction value in 2025, according to fintech and payments research specialists Kaleido Intelligence. BNPL alone will see […]

European Gift Card and Incentive Card Market Report 2021: 200 KPIs for 15 European Countries

Dublin, April 27, 2021 (GLOBE NEWSWIRE) — The “Europe Gift Card and Incentive Card Market Intelligence and Future Growth Dynamics (Databook) – Spend Analysis by Digital/e-Gift Card, Retail and Corporate Consumers, Top Retailers, Distribution Channel, Occasions, and Demographics – Jan 2021 Update” report has been added to ResearchAndMarkets.com’s offering. The European gift card market has […]

STRATEGY EXPANSION CONTINUES, WESTPAY SIGN AGREEMENT WITH NEW POS PARTNERS IN NORWAY AND FINLAND

Westpay AB, a leading fintech company, continues to expand its reach and footprint on the Nordic payment market. As a result, Westpay has contracted four new strategic POS Partners. Three in Norway and one in Finland. These POS Partners will integrate their POS solutions and make Westpay’s offerings available for its merchant customers. – Our overall […]

ComplyAdvantage Announces ComplyLaunch™

A New Risk & Compliance Program Helping Early-Stage Startups To Transact With Trust The free program package includes AML checks for your Know your Customer (#KYC) process, access to resource knowledge base, service credits and world-class AML training by FINTRAIL LONDON–(BUSINESS WIRE)–ComplyAdvantage, a global data technology company transforming financial crime detection, today announced a new […]

Caixa Econômica Federal and Fiserv Establish Exclusive Alliance for Merchant Acquiring

CAIXA Taps Global Expertise of Fiserv to Deliver Innovative Payment Experience to Merchants in Latin America’s Largest Economy BROOKFIELD, Wis. & SÃO PAULO–(BUSINESS WIRE)–$FISV #acquiring–Fiserv, Inc. (NASDAQ: FISV) (“Fiserv”), a leading global provider of payments and financial services technology solutions, today announced Caixa Econômica Federal (“CAIXA”) has selected Fiserv for merchant acquiring services. The companies […]

SOUTHERN MISSOURI BANCORP REPORTS PRELIMINARY RESULTS FOR THIRD QUARTER OF FISCAL 2021; DECLARES QUARTERLY DIVIDEND OF $0.16 PER COMMON SHARE; CONFERENCE CALL SCHEDULED FOR TUESDAY, APRIL 27 AT 3:30 PM CENTRAL TIME

Poplar Bluff, Missouri, April 26, 2021 (GLOBE NEWSWIRE) — Southern Missouri Bancorp, Inc. (“Company”) (NASDAQ: SMBC), the parent corporation of Southern Bank (“Bank”), today announced preliminary net income for the third quarter of fiscal 2021 of $11.5 million, an increase of $6.4 million, or 124.7%, as compared to the same period of the prior fiscal […]

GoCardless Launches Open Banking Payments, Offering Businesses a New Alternative to Taking One-Off Payments

Instant Bank Pay leverages the unique combination of the GoCardless global bank debit network and open banking technology The feature provides merchants a low-cost, seamless and convenient way to collect instant payments from new and existing customers through a single platform Although half of Americans have “no clue” what open banking is, the introduction of […]

Simmons First National Corporation Declares $0.18 Per Share Dividend

PINE BLUFF, Ark., April 26, 2021 (GLOBE NEWSWIRE) — Simmons First National Corporation’s (NASDAQ: SFNC) (“Simmons” or “Company”) today announced that its board of directors has declared a quarterly cash dividend on the Company’s Class A common stock of $0.18 per share, which is payable on July 6, 2021, to shareholders of record as of […]

Waterstone Financial, Inc. Announces Results of Operations for the Quarter Ended March 31, 2021

WAUWATOSA, Wis., April 26, 2021 (GLOBE NEWSWIRE) — Waterstone Financial, Inc. (NASDAQ: WSBF), holding company for WaterStone Bank, reported net income of $21.3 million, or $0.89 per diluted share for the quarter ended March 31, 2021 compared to $6.1 million, or $0.24 per diluted share for the quarter ended March 31, 2020. “We’ve started the […]

KS Bancorp, Inc. (KSBI) Announces First Quarter 2021 Financial Results and Cash Dividend

SMITHFIELD, N.C., April 26, 2021 (GLOBE NEWSWIRE) — KS Bancorp, Inc. (the “Company”) (OTCBB: KSBI), parent company of KS Bank, Inc. (the “Bank”), announced unaudited results for the first quarter of 2021. The Company reported net income of $1,459,000 or $1.32 per diluted share, for the three months ended March 31, 2021, an increase of […]

CellTrust SL2 Selected by Leverage Financial Advisory for Compliant Text Capture and Archive

SL2 helps Small Businesses Scale Affordably at Enterprise Level SCOTTSDALE, Ariz.–(BUSINESS WIRE)–#FinTech—CellTrust Corporation, a leading global provider of secure and compliant mobile communication for government and enterprise, announced today its SL2 mobile application for capture and archiving was selected by Leverage Financial Advisory for its robust enterprise offering and scalability at an affordable price. Before […]

RJD Green Inc. (OTCPK: RJDG) Announced Today the Company Has Entered Initial Acquisition Discussions

TULSA, OK, April 26, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — RJD Green Inc. (OTCPK: RJDG) announced today the Company has entered initial acquisition discussions with two firms in the medical billing sector that compliment the IOSoft Integrated Claims and Payment System.  RJD Green management further stated the acquisition targets offer different regional coverage with medical billing […]

Assurant Ventures Surpasses $100 Million Milestone in Venture Capital Investments

New “Ventures” branding reflects fund’s evolution as a trusted investor in early and growth stage disruptive technology companies NEW YORK–(BUSINESS WIRE)–Assurant (NYSE: AIZ), a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, today announced its corporate venture capital arm, Assurant Ventures, has surpassed $100 million in capital […]

Paya Announces Strategic Acquisition of Paragon Payment Solutions

Expands and strengthens Paya’s robust ISV partnership roster and capabilities in non-profit and healthcare verticals Accelerates Paya’s growth trajectory in 2021 ATLANTA, April 26, 2021 (GLOBE NEWSWIRE) — Paya Holdings Inc. (NASDAQ: PAYA) (“Paya Holdings,” “Paya” or the “Company”), a leading integrated payments and commerce solution provider, today announced the acquisition of Paragon Payments Solutions […]

SmartMetric Says the Driver for the Adoption of Safer Biometric Credit Cards Is Clear With 67% of Americans Being Afraid of Becoming a Victim of Identity Theft and 47% Americans Find Identity Theft Worse Than Murder

NEW YORK–(BUSINESS WIRE)–#ameritrade–SmartMetric, Inc. (OTCQB: SMME): According to the latest Atlas VPN research, the US residents are way more worried about being hacked than getting murdered. Data compiled by Atlas VPN shows that 67% of Americans are afraid of being a victim of identity theft, while only 20% are scared of being murdered. SmartMetric’s own […]

Greene County Bancorp, Inc. Reports Record High Net Income for the Nine Months Ended March 31, 2021 and Assets Cross the $2 Billion Threshold

CATSKILL, N.Y., April 23, 2021 (GLOBE NEWSWIRE) — Greene County Bancorp, Inc. (the “Company”) (NASDAQ: GCBC), the holding company for The Bank of Greene County and its subsidiary Greene County Commercial Bank, today reported net income for the three and nine months ended March 31, 2021, which is the third quarter of the Company’s fiscal […]

MVB Bank to Sell Four Banking Centers to Summit Community Bank

FAIRMONT, W.Va., April 23, 2021 (GLOBE NEWSWIRE) — MVB Bank, Inc., a wholly-owned subsidiary of MVB Financial Corp. (“MVB” “MVB Financial”) (NASDAQ: MVBF), announced today the signing of a definitive agreement under which Summit Community Bank, Inc., a subsidiary of Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF), will acquire substantially all of MVB Bank’s Southern […]

GreenBox POS Partners with Armanino Auditors to Obtain SOC 2 Compliance

Upon Completion SOC 2 Audit to Attest to GreenBox Operational and Technological Trustworthiness SAN DIEGO, CA, April 23, 2021 (GLOBE NEWSWIRE) — GreenBox POS (NASDAQ: GBOX (“GreenBox”, the “Company”), an emerging financial technology company leveraging proprietary blockchain security to build customized payment solutions, announced a partnership with Armanino, one of the top 25 largest independent […]

Percy “Master P” Miller Commits $10 Million to Support Opportunities That Will Help Advance Racial Equity

NEW YORK–(BUSINESS WIRE)–Iconic hip hop artist, Percy “Master P” Miller, announced today a new initiative focused on improving racial equity within Black, Indigenous, and People of Color (“BIPOC”) communities. UBS, the leading global wealth manager, will work with P. Miller Enterprises, owned and founded by Percy, to help the organization connect with individuals and business […]

Driving Mortgage Strategy 2021

Summary This report provides insight into a selection of successful mortgage players globally. This includes a deep-dive analysis of five lenders in four countries, examining what each player did to improve their mortgage proposition over at least a decade and how successful their efforts were. New York, April 23, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces […]

Heritage Commerce Corp Declares Regular Quarterly Cash Dividend of $0.13 Per Share

SAN JOSE, Calif., April 22, 2021 (GLOBE NEWSWIRE) — Heritage Commerce Corp (Nasdaq: HTBK), the holding company for Heritage Bank of Commerce, today announced that its Board of Directors declared its regular quarterly cash dividend of $0.13 per share to holders of common stock. The dividend will be payable on May 27, 2021, to shareholders […]

Heritage Commerce Corp Earns $11.2 Million for the First Quarter of 2021

SAN JOSE, Calif., April 22, 2021 (GLOBE NEWSWIRE) — Heritage Commerce Corp (Nasdaq: HTBK), the holding company (the “Company”) for Heritage Bank of Commerce (the “Bank”), today announced first quarter 2021 net income of $11.2 million, or $0.19 per average diluted common share, compared to $1.9 million, or $0.03 per average diluted common share, for […]

BlackRock Announces Product Updates to Two iShares ETFs

NEW YORK–(BUSINESS WIRE)–BlackRock, Inc. (NYSE: BLK) today announced product enhancements to two iShares ETFs as part of an ongoing process to periodically review its product lineup. No action is necessary for investors in the impacted ETFs and no capital gains distributions are currently expected as a result of the transition. iShares Nasdaq Biotechnology ETF (IBB) […]

Investar Holding Corporation Announces 2021 First Quarter Results

BATON ROUGE, La., April 22, 2021 (GLOBE NEWSWIRE) — Investar Holding Corporation (“Investar”) (NASDAQ:ISTR), the holding company for Investar Bank, National Association (the “Bank”), today announced financial results for the quarter ended March 31, 2021. Investar reported record net income of $5.4 million, or $0.51 per diluted common share, for the first quarter of 2021, compared […]

Simmons First National Corporation Announces Changes to Certain Senior Leadership Roles

PINE BLUFF, Ark., April 22, 2021 (GLOBE NEWSWIRE) — Simmons First National Corporation (NASDAQ: SFNC) (the “Company” or “Simmons”) today announced changes to certain senior leadership roles in order to position the Company for continued success in executing its key strategic priorities. The following changes are effective as of April 26, 2021: Bob Fehlman has […]

#AIshowbiz Earth Day Event Debuts Dolphin-saving NFT Hologram

Leading futurists met on creating sustainable NFTs and using them to support environmental projects like Open Earth’s new marine conservation tech program; World’s first PORTL hologram NFT by Nicole Buffett unveiled The world’s first NFT created for display as a PORTL hologram was unveiled by artist Nicole Buffett at #AIshowbiz Earth Day to benefit Open […]

Toast Announces Partnership with U.S. Small Business Administration to Provide Restaurants with Access to $28.6B Restaurant Revitalization Fund

BOSTON–(BUSINESS WIRE)–#COVID19—Toast, the fastest-growing restaurant management platform, today announced a partnership with the U.S. Small Business Administration (SBA) to help provide customers with access to funds made available through the $28.6 billion Restaurant Revitalization Fund (RRF). This partnership with the SBA is expected to benefit Toast customers with a simplified application process for RRF grant […]

CORRECTING and REPLACING Canadian Bitcoin Platform Shakepay Partners With Marqeta To Power Innovative New Card Offering

Shakepay customers will be able to sign up for a Marqeta-powered Visa* card, allowing them to spend money directly from their account. MONTREAL–(BUSINESS WIRE)–First paragraph, first sentence of release dated April 21, 2021, should read: issued by Marqeta’s sponsoring financial institution Peoples Trust Company (instead of issued by Marqeta’s sponsoring financial institution People’s Bank). The […]

Noyo Expands its Powerful API Solutions with Launch of Noyo 360

Industry’s first and only purpose-built set of APIs gives benefits platforms seamless data exchange throughout the entire policy lifecycle SAN FRANCISCO–(BUSINESS WIRE)–#API–Noyo, the leading API platform powering the age of connected insurance, today announced the launch of Noyo 360, the industry’s first solution designed to automate and streamline the entire process of health insurance policy […]

ForwardAI Debuts ‘ForwardAI Precise’ – A New Lender-first API That Delivers Real-time, Robust Accounting And Financial Data Suite For Reduced-risk Small Business Lending

Lenders Can Now Quickly and Accurately Predict the Future Financial Health of Small Businesses And Expedite Lending/Underwriting SAN FRANCISCO–(BUSINESS WIRE)–The lending processes financial institutions use to qualify SMB borrowers is sorely outdated, while increasing cases and costs of fraud hit smaller banks, credit unions and digital lenders hardest. ForwardAI, a lender-first fintech platform, today introduced […]

Zafin Welcomes Chris Dickin as General Manager, Proposition Ecosystem

Dickin brings extensive experience building technology propositions for the financial services industry TORONTO, April 22, 2021 (GLOBE NEWSWIRE) — Zafin, the world’s leading SaaS cloud-native product and pricing platform for the next generation of banking, today announces the addition of Chris Dickin as general manager, proposition ecosystem. Dickin will play a senior advisory role, specific […]

Algorand Pledges to be the Greenest Blockchain with a Carbon-Negative Network Now and in the Future

Already highly energy-efficient network partners with ClimateTrade to set the industry standard for blockchain sustainability BOSTON–(BUSINESS WIRE)–$ALGO #cleanNFTs—Algorand, a leading blockchain technology company designed to be the most efficient and greenest blockchain available, today cements its leadership and commitment to the environment by announcing its blockchain is fully carbon neutral. Algorand has partnered with ClimateTrade, […]

In Celebration of Earth Day, Payactiv to Offer Users Earthwise™ High Content Payment Cards from CPI Card Group® 

CPI® and Payactiv Demonstrate Commitment to More Eco-Friendlier Business Practices with Upcycled Plastic Payment Cards LITTLETON, Colo.–(BUSINESS WIRE)–CPI Card Group Inc. (OTCQX: PMTS, TSX: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today marked Earth Day by announcing a collaboration with Payactiv, the leader in […]