Techwire


Ottr Finance, a Solana-based Crypto App, Raises $3.1 Million Pre-Seed Funding Led by Race Capital with Participation from Circle Ventures, Slow Ventures, and Kamal Ravikant

Ottr makes holding and using crypto as easy as Venmo for the next billion crypto users How Ottr Works Ottr User Interface SAN FRANCISCO, Oct. 20, 2022 (GLOBE NEWSWIRE) — Ottr, a new Web3 mobile app that makes holding crypto easier and more secure than ever, is pleased to announce it has closed on a […]

Blue Federal Credit Union Celebrates International Credit Union Day

Other Local Credit Unions Join In Cheyenne Wyoming, Oct. 20, 2022 (GLOBE NEWSWIRE) — Credit unions throughout Wyoming and Colorado are celebrating International Credit Union (ICU) Day ICU Day® is recognized worldwide and celebrates the spirit of the global credit union movement. The day is recognized to reflect upon the credit union movement’s history, promote […]

Derivative Path Appoints FinTech Veteran Stephen Johnson as Head of Sales as Company Continues to Expand

WALNUT CREEK, Calif., Oct. 20, 2022 (GLOBE NEWSWIRE) — Derivative Path, a leading provider of capital markets technology and derivatives services, continues to build its team by adding industry veteran Stephen Johnson as its new Head of Sales. In this newly created role, Johnson will lead the Derivative Path sales team and focus on maximizing […]

Zero Hash partners with Blockdaemon to power native crypto on-ramp solution

Enabling Crypto Adoption with On-Ramps CHICAGO, Oct. 20, 2022 (GLOBE NEWSWIRE) — Blockdaemon, the leading institutional-grade blockchain infrastructure company for node infrastructure, along with Zero Hash, today announced a strategic partnership for Blockdaemon’s offering, Onramp. Blockdaemon Onramp is a leading cryptocurrency fiat-to-crypto on-ramp. Blockdaemon is leveraging Zero Hash’s API-driven infrastructure to natively offer customers crypto […]

Remitly Ushers in New Era of Regional Growth in Asia-Pacific

SEATTLE and SINGAPORE, Oct. 20, 2022 (GLOBE NEWSWIRE) —  Remitly Global, Inc. (NASDAQ: RELY) (“Remitly”), a leading digital financial services provider for immigrants and their families in over 170 countries around the world, today announced key business milestones in the Asia-Pacific (APAC) region. Remitly has expanded its global footprint to include Japan and New Zealand. […]

National Survey Finds Nearly 75% of U.S. Businesses Have Been Affected by the Labor Shortage

57% of professionals surveyed said their company has instated a work from home or hybrid work option to retain or attract talent ISELIN, N.J., Oct. 20, 2022 (GLOBE NEWSWIRE) — Provident Bank, a leading New Jersey-based financial institution, has released the results of its 2022 National Labor/Staffing Shortage Survey. The survey includes insights from 1,000 […]

The Global Virtual Cards Market size is expected to reach $37.5 billion by 2028, rising at a market growth of 19.1% CAGR during the forecast period

For use with mobile ordering and electronic transactions, a virtual card is a type of digital payment system that serves as a token. A process known as tokenization creates credentials automatically, and cards have built-in financial restrictions to finance them for either single-use or multipurpose transactions. New York, Oct. 20, 2022 (GLOBE NEWSWIRE) — Reportlinker.com […]

Taulia Introduces ESG Component to Its Supply Chain Finance Program With Henkel

SAN FRANCISCO–(BUSINESS WIRE)–Taulia, a leading working capital management solutions provider, and Henkel, the German adhesives and consumer goods giant, have today announced the successful integration of sustainability criteria into the largest segment of Henkel’s supply chain finance program. The Supply Chain Finance program, which the two companies have been running since 2015, will now provide […]

Liquid Cash Takes Over Multi-Industries With One Super App

Liquid Cash is the World’s First Secure Super App for everything; banking, shopping, money transfers, entertainment, crypto and rewards. Featured Image for iYap Liquid Cash Featured Image for iYap Liquid Cash ATLANTA, Oct. 20, 2022 (GLOBE NEWSWIRE) — Get ready to Get Liquid with the next mobile revolution! With iYap Liquid Cash, everything is better. […]

i2c Accelerates Payment Innovations for Fintech Partners

Recent agreements with Connect Financial, Miq, Plastk and Viva Equity enables innovators to increase speed-to-market and deliver next-generation financial products and services REDWOOD CITY, Calif.–(BUSINESS WIRE)–i2c Inc., a leading provider of digital payment and banking technology, today announced partnerships with Connect Financial, Miq, Plastk, and Viva Equity. These collaborations, according to the company, exemplify the […]

Fidelity D & D Bancorp, Inc. Announces Eight Consecutive Year Increase with 9% Increase of Fourth Quarter 2022 Dividend

DUNMORE, Pa., Oct. 19, 2022 (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 $0.36 per share, a 9% increase above the prior quarterly cash dividend of $0.33 per […]

Ionia and Certegy Partner to Launch Largest U.S. BNPL Merchant Network

TEMPE, Ariz. & CLEARWATER, Fla.–(BUSINESS WIRE)–Ionia, an embedded payments and rewards platform that makes digital finances more rewarding, efficient, and inclusive, announced today that it has launched a unique Buy Now Pay Later (BNPL) offering in collaboration with Certegy, a leader in payments and risk management technology. The combination of Ionia’s patented geo-behavioral marketing technology […]

PacWest Bancorp Announces Results for the Third Quarter 2022

LOS ANGELES, Oct. 19, 2022 (GLOBE NEWSWIRE) — PacWest Bancorp (Nasdaq: PACW) – THIRD QUARTER 2022 RESULTS $122.2M $1.02 24.11% 8.55% Net Earnings Available toCommon Stockholders Diluted Earnings per Common Share ROATCE CET1 THIRD QUARTER 2022 HIGHLIGHTS All Regulatory Capital Ratios Increased from 2Q22, With CET1 Increasing from 8.24% to 8.55% Total Deposits Up $228 […]

Eagle Bancorp, Inc. Announces Net Income for Third Quarter 2022 of $37.3 Million or $1.16 per Diluted Share

BETHESDA, Md., Oct. 19, 2022 (GLOBE NEWSWIRE) — Eagle Bancorp, Inc. (the “Company”) (NASDAQ: EGBN), the parent company of EagleBank (the “Bank”), today announced net income of $37.3 million for the third quarter 2022, compared to net income of $15.7 million for the prior quarter and $43.6 million for the year-ago quarter. Net income (basic and diluted) […]

KS Bancorp, Inc. (KSBI) Announces Third Quarter 2022 Financial Results and Cash Dividend

SMITHFIELD, N.C., Oct. 19, 2022 (GLOBE NEWSWIRE) — KS Bancorp, Inc. (the “Company”) (OTCBB: KSBI), parent company of KS Bank, Inc. (the “Bank”), announced unaudited results for the third quarter of 2022. The Company reported net income of $2.1 million or $1.86 per diluted share, for the three months ended September 30, 2022, an increase […]

Unit21 Launches Fintech Fraud DAO to Combat Financial Crime With Brex, Chime and PrimeTrust as Early Customers

DAO is expected to process data from 20% of all U.S. fintech customers as part of an effort to help the industry transition from fraud detection to fraud prevention SAN FRANCISCO–(BUSINESS WIRE)–Unit21 and other members of the U.S. consumer fintech community have come together to launch the Fintech Fraud Decentralized Autonomous Organization (DAO), a decentralized […]

WaFd Banks on Talkdesk to Transform Customer Experiences

Delivers secure, friction-free modern banking that ‘wows’ customers with every interaction SAN FRANCISCO–(BUSINESS WIRE)–#CX—Talkdesk®, Inc., a global contact center leader for customer-obsessed companies, and WaFd Bank (NASDAQ: WAFD), a full-service commercial U.S. bank, are working together to lead faster innovation and better service for banking clients by leveraging the Talkdesk Financial Services Experience CloudTM for […]

Factual Data Announces Credit Integration With Abrigo

PITTSBURGH–(BUSINESS WIRE)–#credit—Factual Data®, a leading provider of credit and verification services to the lending industry, today announced a new integration of its credit reporting services with Abrigo, a financial technology leader providing compliance, credit risk, and lending software solutions. “As interest rates rise and experts talk of a potential recession, it’s important for lending organizations […]

Visa and Thunes Expand Visa Direct’s Reach to 1.5 Billion Digital Wallets

Partner to launch a cross-border send-to-wallet capability for SMBs and consumers SAN FRANCISCO–(BUSINESS WIRE)–Visa (NYSE: V) is partnering with Thunes to help individuals and small businesses move money internationally to 78 digital wallet providers, reaching 1.5 billion digital wallets across 44 countries and territories. This partnership will now expand Visa Direct’s reach to nearly 7 […]

Greenlight Launches Family Cash Card, the 3% Cash Back Credit Card for Parents

Leading family fintech’s industry-first credit card designed for parents is now available ATLANTA–(BUSINESS WIRE)–Greenlight® Financial Technology, Inc. (“Greenlight”), the fintech company on a mission to help parents raise financially-smart, independent kids, today announced the launch of the Greenlight Family Cash Mastercard®, the first credit card for parents to invest for their family’s future with up […]

Gradient AI and Duck Creek Technologies Deliver Integrated Workers’ Compensation Underwriting and Claims Management Solutions, Leveraging Artificial Intelligence to Improve Outcomes

Builders Mutual is first joint customer to benefit from streamlined claims, institutional knowledge capture, and time-saving training LAS VEGAS–(BUSINESS WIRE)–#AIinInsurance—Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, and Duck Creek Technologies, a leading technology solutions provider to the property and casualty (P&C) insurance industry, today announced integrated […]

Financial Institutions and Fintechs Can Empower Cardholders with Programmable Payments from Fiserv and IncumbentFI

Partnership will enable financial institutions and fintechs to issue cards with unique, flexible capabilities, including the ability to fund payments from multiple sources BROOKFIELD, Wis.–(BUSINESS WIRE)–Financial institutions, fintechs and enterprise businesses can transform their card programs by empowering cardholders with new programmable payments capabilities from Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments […]

CoreCard Corporation Schedules Third Quarter 2022 Earnings Release and Conference Call

NORCROSS, Ga., Oct. 19, 2022 (GLOBE NEWSWIRE) — CoreCard Corporation (NYSE: CCRD), the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, intends to hold an investor conference call on November 2, 2022, at 11:00 A.M. Eastern Time in conjunction with the company’s earnings release for the […]

SRAX to Host Business Update Conference Call on Monday, October 24th, 2022

LOS ANGELES, Oct. 19, 2022 (GLOBE NEWSWIRE) — SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, will provide a business update on Monday, October 24, 2022. SRAX’s Founder and CEO Christopher Miglino, and CFO Michael Malone will provide an update on […]

Plinqit Savings Platform Endorsed By Community Bankers of Michigan

ANN ARBOR, Mich.–(BUSINESS WIRE)–The Community Bankers of Michigan (CBM), an association of independent community banks based in Michigan, has endorsed Plinqit, the only savings platform of its kind that pays users for learning about personal finances. Plinqit earned its endorsement from CBM for giving community banks an easy way to provide customers with intuitive digital […]

Manasquan Bank Partners with ZSuite Tech to Launch Digital Escrow Platform for Commercial Clients

–Bank expands commercial portfolio, increases low-cost, core deposits, automates complex subaccounting transactions– WESTWOOD, Mass.–(BUSINESS WIRE)–#ZEscrow—ZSuite Tech, a financial technology company that powers financial institutions with unbound digital accounts encompassing escrow, subaccounting, sub-ledgering, FBO and trust accounts for commercial clients, today announced Manasquan Bank successfully deployed ZEscrow, the industry’s first completely digital commercial escrow solution, and […]

TSG Announces 2022 eCommerce Merchant Experience Winners

Recognized companies include Elavon, JPMorgan Chase, Square, CSG Forte, Fortis, and Shopify Omaha, NE, Oct. 19, 2022 (GLOBE NEWSWIRE) — TSG (The Strawhecker Group), a globally recognized analytics, intelligence, and solutions-focused firm in the payments industry, is pleased to recognize a selection of payments companies for their exceptional start-up, small and medium-sized (SMB) eCommerce merchant […]

WisdomTree Announces Stride and Galileo as Payments Partners for WisdomTree Prime™

Blockchain-native digital wallet taps top banking and fintech players connecting payments technology with its blockchain infrastructure, powered by Securrency NEW YORK, Oct. 19, 2022 (GLOBE NEWSWIRE) — WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager, announced today its collaboration with Stride Bank and Galileo Financial Technologies […]

Zero Hash partners with Current to provide access to no-fee crypto trading

Comprehensive portfolio of cryptocurrencies now available to Current’s over four million members CHICAGO, Oct. 19, 2022 (GLOBE NEWSWIRE) — Zero Hash, the leading global B2B2C crypto-as-a-service infrastructure provider, today announced it has partnered with Current, a leading U.S. financial technology platform, to provide access to no-fee crypto trading for its over four million members. The […]

Ackroo launches MarketingHub for their AckrooMKTG clients

Ackroo expands loyalty offering with enhanced communication and analytics tool HAMILTON, Ontario, Oct. 19, 2022 (GLOBE NEWSWIRE) — Ackroo Inc. (TSX-V: AKR, OTC: AKRFF) (“Ackroo” or the “Company”), a loyalty marketing, payments and point-of-sale technology and services provider, announces the launch of its latest advancement to the Ackroo Anywhere platform with the beta of the […]

Virtual Payment (POS) Terminal Global Market Report 2022

Major players in the virtual payment (POS) terminal market are Castles Technology, Diebold Nixdorf, NCR Corporation, Panasonic Corporation, PAX Technology, CitiXsys Technologies, Elavon Inc, First Data Corporation, Ingenico Group, Newland Payment Technology, Shenzhen Xinguodu Technology Co. New York, Oct. 19, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Virtual Payment (POS) Terminal […]

WorkFusion Expands Global Footprint with New European Headquarters in Dublin

Plans to hire 100 software engineers, data scientists, and more for its AI-enabled digital workforce solutions DUBLIN–(BUSINESS WIRE)–WorkFusion, a leader in Intelligent Automation and developer of AI-powered Digital Workers, today announced plans for its new European headquarters located at Hospitality House, 16-20 South Cumberland Street in Dublin. The soon-to-be-opened office will be home to the […]

Innovative New Product Platform from AppTech Payments Corp. Will Transform Fintech Industry

A fresh approach to conducting commerce between businesses and consumers CARLSBAD, Calif., Oct. 19, 2022 (GLOBE NEWSWIRE) — AppTech Payments Corp. (AppTech) (NASDAQ: APCX) will unveil its new, patent-backed commerce platform on Monday, October 24, 2022, at the Money20/20 USA conference. “Our announcement next Monday will fundamentally change the way digital banking, mobile payments and […]

Vancity Announces Another First: A credit card that counts your carbon footprint

Vancity partners with ecolytiq to be the first financial institution in Canada to provide a Carbon Counter on your Visa credit card Vancity’s Carbon Counter Vancity’s enviro Visa Carbon Counter, a new tool for members to track the carbon emissions of their credit card spending. TERRITORIES OF MUSQUEAM, SQUAMISH AND TSLEIL-WAUTUTH NATIONS and VANCOUVER, British […]

Global Cash and Coin Deposit Bags Market Analytics Report 2022: Market to Surpass $500+ Million by 2027 – A Growing Cash Logistics Industry Offers Opportunities

Global Market for Cash and Coin Deposit Bags Global Market for Cash and Coin Deposit Bags Dublin, Oct. 19, 2022 (GLOBE NEWSWIRE) — The “Cash and Coin Deposit Bags – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering. The global market for Cash and Coin Deposit Bags estimated at US$372 Million […]

Algbra Partners With Marqeta to Deliver New ‘Financial Movement’ for Communities and the Environment

LONDON–(BUSINESS WIRE)–Algbra, a sustainable and values-focused digital finance innovator dedicated to providing ethical money solutions and promoting financial wellbeing, has announced a partnership with Marqeta. Marqeta is the global modern card issuing and payments processing platform, that empowers its partners to create customised and innovative payment cards, giving them the ability to build more configurable […]

Orrstown Financial Services, Inc. Reports Third Quarter 2022 Results

Net income of $5.4 million and diluted earnings per share of $0.52 for the quarter ended September 30, 2022 compared to net income of $8.9 million and diluted earnings per share of $0.83 for the quarter ended June 30, 2022; Excluding the impact from the previously announced restructuring charge of $3.2 million, net income and […]

Alkami to Announce Third Quarter 2022 Financial Results

PLANO, Texas, Oct. 18, 2022 (GLOBE NEWSWIRE) — Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced that it plans to report financial results for its third quarter ended September 30, 2022 on Thursday, November 3, 2022, after the market close. The Company […]

Symetra Partners with Brella on New Symetra Health Offering

Symetra Health offers wide-ranging supplemental coverage designed to ease the burden of financial hardships for employees BELLEVUE, Wash.–(BUSINESS WIRE)–#Brella–Symetra Life Insurance Company continues to expand its voluntary benefits solutions by partnering with insurtech Brella to offer Symetra Health — a new supplemental health insurance plan. Symetra Health covers over 13,000 conditions in one plan to […]