Techwire


The Bancorp Releases Environmental, Social, and Governance (ESG) Report

WILMINGTON, Del.–(BUSINESS WIRE)–#Alwaysapartner–The Bancorp, Inc. (NASDAQ: TBBK) and its subsidiaries, including but not limited to The Bancorp Bank, N.A. (“Bank”), released its inaugural ESG Report discussing its commitment to corporate responsibility by promoting good stewardship through continuous, sustainable, and values-based growth. Supported by the launch of a new ESG webpage, the ESG Report provides an […]

Orion Expands ETF Lineup by Adding Dimensional Wealth Models to the Orion Portfolio Solutions Platform

OMAHA, Neb.–(BUSINESS WIRE)–Orion Advisor Solutions, the premier provider of transformative wealthtech solutions for fiduciary advisors, has strengthened its long-standing relationship with Dimensional Fund Advisors, a global leader in systematic investing, by bringing its newly launched Core ETF Wealth Models to the Orion Portfolio Solutions (OPS) platform. “We’re excited to expand on our five-year collaboration with […]

Atomic collaborates with Jack Henry to unlock a digital banking evolution for banks and credit unions

Community and regional financial institutions can offer account holders a quick, convenient way to set-up and switch direct deposits with the Deposit solution plugin SALT LAKE CITY–(BUSINESS WIRE)–#fintech–Atomic, the market-leading provider of payroll connectivity, announced today that its direct deposit setup and switching solution, Deposit, is now accessible through Jack Henry’s digital banking platform. Atomic […]

New Report: Identity fraud doubled in crypto and banking in 2022

All-in-one verification platform, Sumsub, highlights seven key fraud trends of 2022 and shares predictions for 2023 in its annual identity fraud study LONDON–(BUSINESS WIRE)–#AML–Sumsub, a global verification platform providing customizable KYC, KYB, transaction monitoring, and AML solutions for the whole customer journey, today published its second annual Identity Fraud Report, that identifies fraud trends and […]

Intuit Accountants Announces New Products Updates for Tax Year 2022

Intuit ProTax Group software updates equip tax professionals with the latest tools and technology ahead of tax season PLANO, Texas–(BUSINESS WIRE)–#TogetherwithIntuit–Today, Intuit (Nasdaq: INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, is announcing its latest updates to products and services including Intuit Tax Advisor, Intuit ProConnect Tax, Intuit Link, […]

Counterpart Adds Miscellaneous Professional Product to Management Liability Insurance Offerings through Aspen Partnership

As the need for professional liability protection grows, leading insurtech makes it easier for brokers to get coverage for small business clients LOS ANGELES–(BUSINESS WIRE)–Counterpart today announced the addition of Miscellaneous Professional Liability (MPL) insurance to its existing suite of management liability products and services available to small businesses through Counterpart’s wholesale broker partners. Also […]

Genesis Global Releases Multiple Enhancements to Low-Code Software Development Platform

Platform enhancements improve low-code solutions for interface design, data integration and application management MIAMI–(BUSINESS WIRE)–#fintech—Genesis Global, the low-code application development platform purpose-built for financial markets organizations, today announced significant platform enhancements making it faster and easier for software developers to build user interfaces, aggregate and integrate data and manage enterprise applications. The Genesis platform offers […]

BitNile Holdings Issues November Bitcoin Production and Mining Operation Report

LAS VEGAS–(BUSINESS WIRE)–$AP #ARBK—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”) today published an unaudited update on Bitcoin production and miner installation. The number of miners and production capacity metrics within this press release represent the S19j Pro and XP Antminers at the Michigan data center and the Wolf […]

Turbo Insurance Group President Myles Johnson Aims to Change Consumers’ Relationship With Insurance

Like a true innovator, Myles Johnson identified the insurance industry’s archaic nature and set out to revolutionize it Turbo Insurance Group Logo Turbo Insurance Group Logo PHOENIX, Dec. 01, 2022 (GLOBE NEWSWIRE) — Myles Johnson founded Turbo Insurance Group in January 2022 with the aim to revolutionize insurance for families across America.  Proper insurance coverage safeguards […]

Viva Capital Funding Closes $85.0 Million in Bank Credit Facilities

Featured Image for Viva Capital Funding, LLC Featured Image for Viva Capital Funding, LLC EL PASO, Texas, Dec. 01, 2022 (GLOBE NEWSWIRE) — Viva Capital Funding, LLC (“Viva”), a leading invoice factoring specialty finance company, today announced the closing of $85.0 million in two bank credit facilities; consisting of $45.0 million for factoring and $40.0 […]

FINEOS Wins Digital Technology Project of the Year for Fortune 100 US Insurance Carrier

DUBLIN–(BUSINESS WIRE)–#digitaltransformation—FINEOS Corporation (ASX:FCL) is honored to have won the prestigious Digital Technology Project of the Year award from Technology Ireland. This highly competitive award recognizes the company that has delivered outstanding value to an end client through the innovative deployment and use of digital technology. FINEOS was selected for the enterprise transformation project that […]

ePayment System Market to Surpass US$ 456.6 Bn by 2031 due to Increasing Focused on Providing Flexible, Simpler, and Easy to Use Solutions for the Consumers- Future Market Insights, Inc.

The market for ePayment systems in the UK is anticipated to grow at a CAGR of around 18.5% over the forecast period. The demand for ePayment system in Japan and South Korea is expected to rise at around 18.6% CAGR and 17.9% CAGR, respectively through 2031 NEWARK, Del, Dec. 01, 2022 (GLOBE NEWSWIRE) — The […]

 U.K. Banks Modernize to Meet Regulatory, Market Demands

Rapid changes in technologies, consumer choices and laws kick off transformations across the banking industry, ISG Provider Lens™ report says LONDON–(BUSINESS WIRE)–$III #AI–Banks in the U.K. are carrying out large-scale technology transformations in response to evolving regulations, changing customer expectations and the emergence of new innovations and competitors, according to a new research report published […]

8Twelve Surpasses $100MM in funded private mortgages

TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) — 8Twelve Financial Technologies Inc. (“8Twelve” or the “Company”) is proud to announce that its private mortgage lending division has crossed a milestone of $100MM in funded private mortgages! A significant achievement given the company only recently celebrated its 4-year anniversary. 8Twelve’s private lending focuses on solving short-term funding problems […]

Riding Momentum from its Initial Funding Round Earlier this Year, Shield Announces $20 Million Series B Capital Raise

As financial institutions address the evolving regulatory environment, Shield boosts growth with support from its existing investors and UBS Shield’s Executive Team Ofir Shabtai, CTO and Co-Founder (Left), Shiran Weitzman, CEO and Co-Founder (Middle), Eran Noam, Chief Business Officer (Right) TEL AVIV, Israel and NEW YORK, Dec. 01, 2022 (GLOBE NEWSWIRE) — Shield today announced […]

Taulia Announces Updates to Payables Scenario Planner

SAN FRANCISCO–(BUSINESS WIRE)–Taulia, a leading provider of working capital management solutions, today announces significant updates to its Payables Scenario Planner. Taulia’s Payables Scenario Planner is a tool designed to provide Taulia customers with better visibility into liquidity and how their working capital position could change over time. The update will incorporate a variety of additional […]

GBT Successfully Concluded Testing of its GEN II Long-Range Radio System

GEN II Global Communication System is using SDR Technology and is Aimed to Work with GBT’s AI technology SAN DIEGO, Dec. 01, 2022 (GLOBE NEWSWIRE) — GBT Technologies Inc. ( OTC PINK: GTCH ) (“GBT” or the “Company”), successfully concluded its GEN II long range radio project, which has been assigned an internal code name of “Infinia”. GBT […]

Nordic Banks Accelerate Changes Amid Market Shake-up

Traditional banks are modernizing internal and customer-facing technologies to compete with new payment, investment and lending alternatives, ISG Provider Lens™ report says STOCKHOLM–(BUSINESS WIRE)–$III #AI–Banks in the Nordics are going through significant technology and business transitions, moving from legacy systems to new cloud-based platforms and products in response to new competition and changes in consumer […]

Thales Addresses Inclusivity With Its ‘Voice Payment Card’

A payment innovation that brings autonomy and convenience to visually impaired people  Based on its secure payment and connectivity expertise, Thales developed a solution to protect visually impaired people from fraud or mistakes made at shops. Thanks to the Thales Gemalto Voice Payment Card, blind and visually impaired people will enjoy a trusted and autonomous […]

Accomplish Financial launches innovative biometric card solution from IDEX Biometrics

Oslo, Norway – 01 December 2022 – IDEX Biometrics ASA and Accomplish Financial, a payment solution provider with a strong portfolio of fintechs and banks across the UK, Europe, and North America announce that Accomplish Financial will launch biometric payment cards enabled by the IDEX Biometrics TrustedBio Turnkey solution, powered by the SLC38 chip from […]

Hamburg Commercial Bank Goes Live on nCino

Germany’s “Best Performing Bank” completes successful implementation of the nCino platform to drive further efficiency WILMINGTON, N.C. and LONDON and HAMBURG, Germany, Dec. 01, 2022 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that Hamburg Commercial Bank (HCOB) is […]

Wolters Kluwer wins plaudits for APAC Finance, Risk & Regulatory Reporting business

SINGAPORE–(BUSINESS WIRE)–#wolterskluwer—Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR) has won a number of independent industry awards celebrating excellence and innovation in the Asia Pacific (APAC) region. Regulation Asia has named Wolters Kluwer’s OneSumX for Regulatory Reporting the “Best Solution in Regulatory Reporting” in its prestigious Awards for Excellence for the fourth time in five […]

OneConnect Announces ADS Ratio Change

SHENZHEN, China–(BUSINESS WIRE)–OneConnect Financial Technology Co., Ltd. (“OneConnect” or the “Company”) (NYSE: OCFT), a leading technology-as-a-service provider for financial institutions in China, today announced that it will change the ratio of its American depositary shares (“ADSs”) representing its ordinary shares from one (1) ADS representing three (3) ordinary shares to one (1) ADS representing thirty […]

AWS Announces Eight New Amazon SageMaker Capabilities

Amazon SageMaker Role Manager makes it easier for administrators to control access and define permissions for improved machine learning governance Amazon SageMaker Model Cards make it easier to document and review model information throughout the machine learning lifecycle Amazon SageMaker Model Dashboard provides a central interface to track models, monitor performance, and review historical behavior […]

Federal Home Loan Bank of Indianapolis Board of Directors elects Chair, Vice Chair

Karen Gregerson of Indiana, Robert Fisher of Michigan to serve 2-year terms ending in 2024 Board elects Chair, Vice Chair The FHLBank Indianapolis Board of Directors elected Karen Gregerson and Robert Fisher as Chair and Vice Chair during the Board’s Nov. 18, 2022, meeting. Karen Gregerson is President and CEO of The Farmers Bank in […]

nCino Reports Third Quarter Fiscal Year 2023 Financial Results

Total Revenues of $105.3M, up 50% year-over-year Subscription Revenues of $88.3M, up 55% year-over-year Organic Subscription Revenues of $72.9M, up 28% year-over-year WILMINGTON, N.C., Nov. 30, 2022 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced financial results for its […]

Bank of New Zealand Selects nCino to Transform Digital Banking Experience

New Zealand’s leading business bank selects nCino cloud-based platform to exceed customers’ growing expectations AUCKLAND, New Zealand, Nov. 30, 2022 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that the Bank of New Zealand (BNZ) has selected the nCino Bank Operating […]

Speakers and Sessions Announced for CharmHealth Innovation Challenge and Showcase 2022

Interactive Forum Brings Together Industry Innovators To Move Digital Health Forward PLEASANTON, Calif.–(BUSINESS WIRE)–#Bioverge—CharmHealth today announced the full lineup of speakers and sessions for its second annual Innovation Challenge and Showcase 2022, an innovation-focused conference convening 25-plus digital health innovators in an immersive, educational experience. The conference offers students, product developers, investors, entrepreneurs, and nonprofits […]

City of Charleston Partners with Intellicheck to Equip King Street Area Businesses with ID Scanning App to Address Underage Drinking

MELVILLE, N.Y.–(BUSINESS WIRE)–#identity—Intellicheck, Inc. (Nasdaq: IDN), and the city of Charleston today announced the launch of a new pilot program aimed at tackling the problem of underage drinking. The six-month pilot will allow up to 31 King Street area bars and restaurants to use Intellicheck’s identity verification mobile technology application. Intellicheck’s ID verification technology has […]

Q2 Helps Johnson Financial Group Modernize Its Digital Banking Experience

Johnson Financial Group leverages Q2’s digital banking platform and the Q2 Innovation Studio to deliver a cohesive, personalized digital experience for its customers AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today announced it has helped Johnson Financial Group (“JFG”), a privately-held financial services company […]

Liberty Bank Partners with Sunwealth, Inc. to Invest $2.5 Million in Community-Based Solar Projects

Bolsters Liberty’s Evolving Solar Strategy; Helps Bring Green Jobs & Clean Energy to Communities Connecticut, USA, Nov. 30, 2022 (GLOBE NEWSWIRE) — (Middletown, CT. Nov. 29, 2022) David W. Glidden, President & CEO of Middletown, Connecticut-based Liberty Bank, today announced the Bank has made a $2.5 million investment in a pool of funds dedicated to […]

Rapid Changes Spur Digital Transformations at U.S. Banks

Pandemic effects and an ongoing wave of industry innovation are forcing institutions to use new digital platforms to compete, ISG Provider Lens™ report says STAMFORD, Conn.–(BUSINESS WIRE)–$III #ApplePay–U.S. banks are modernizing their technology and business models at an accelerating pace in response to competitive pressures, higher customer expectations and ongoing changes in regulation, according to […]

Record Tax Savings in Model Portfolios Underscore an Ongoing Opportunity for Investors in Volatile Market Environments

Data from 55ip’s tax-smart technology reveals a silver lining among the clouds of a down market as advisors leverage solutions and fuel record growth on the platform BOSTON–(BUSINESS WIRE)–#Advisors—55ip, the financial technology platform designed to deliver personalized, tax-smart investment management at scale, announced today that data from its platform this year reveals a record number […]

Equity Data Science Integrates FinX Capital Markets Investment Data to Enhance Multi-Asset Class Analytics Capabilities

Partnership boosts industry-leading solution into fixed income and broader markets NEW YORK–(BUSINESS WIRE)–#datascience–Equity Data Science, Inc. (“EDS”), an investment process management (IPM) software provider that delivers insights and productivity tools to hedge funds and asset managers, announced today it has integrated FinX Capital Markets’ global multi-asset reference data into the company’s award-winning IPM solutions. This […]

TurboTax Launches its Tax Year 2022 Products and Services

TurboTax Live Full Service tax experts can now fully prepare, finish, and file taxes in one meeting TurboTax Online delivers new and enhanced experiences for crypto investors, creators, and self-employed individuals SAN DIEGO–(BUSINESS WIRE)–TurboTax, from Intuit (NASDAQ: INTU), the global financial technology platform that makes TurboTax, QuickBooks, Credit Karma, and Mailchimp, announces the launch of […]

tastytrade Inc. Affiliate Introduces New tastycrypto Brand and Unveils Self-Custody Digital Wallet

tastycrypto will give users control over their digital assets and access to opportunities across decentralized finance. CHICAGO–(BUSINESS WIRE)–#DeFi–IG Group North America today introduces newly formed tasty Software Solutions, LLC, a technology company dedicated to building software that provides users access to opportunities across digital assets, web3, and decentralized finance. Continuing to drive blockchain innovation, tasty […]

Halo Investing Selected by BMO Wealth Management U.S. to Provide Access to Structured Notes Program

Halo’s platform helps advisors build a protected portfolio for their clients CHICAGO, Nov. 30, 2022 (GLOBE NEWSWIRE) — Halo Investing (“Halo”), an award-winning platform for protective investments, announced today that BMO Wealth Management U.S. has chosen Halo’s independent structured notes platform as a core technology solution for its structured note program. The Halo platform gives BMO […]

Kaizen Clean Energy Becomes Extreme E’s Official Clean Energy Technology Provider

LONDON–(BUSINESS WIRE)–#Hydrogen–The sport for purpose electric racing series, Extreme E, has today announced Kaizen Clean Energy (KCE) as its Official Clean Energy Technology Provider for Season 3, starting in 2023. Kaizen Clean Energy will support ENOWA, NEOM’s energy, water and hydrogen subsidiary, and Green Hydrogen Power Partner to Extreme E, in delivering a pioneering hydrogen […]

Amadeus and Chargebacks911 Join Forces to Help Airlines Handle Rise in Disputes

Chargebacks in travel are up 50% compared to 2019 due to increase in travel disruption caused by COVID-19 Fully outsourced service automates chargeback management using Amadeus’ rich travel and payment information TAMPA BAY, Fla.–(BUSINESS WIRE)–#Chargebacks–A chargeback is the formal process initiated when a cardholder disputes a payment – often leading to the cardholder being reimbursed […]

BitNile Holdings Announces 2023 Revenue Guidance of More Than $200 Million

Revenue guidance for 2023 includes expected revenue from the recently announced agreement to purchase assets from Circle 8 Crane Services, and excludes revenue from TurnOnGreen and Giga-tronics, which are expected to be spun off during 2023 LAS VEGAS–(BUSINESS WIRE)–$AP #2023_Revenue_Guidance—BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“BitNile” or the “Company”), today announced […]