Techwire


Vancity and community partners rally to support displaced Ukrainians

Ukrainian Banking Program offers financial and other supports TERRITORIES OF MUSQUEAM, SQUAMISH AND TSLEIL-WAUTUTH NATIONS and VANCOUVER, British Columbia, June 03, 2022 (GLOBE NEWSWIRE) — Vancity is collaborating with the AMSSA Provincial Service Coordination Table, Government of British Columbia, and local community organizations, including the Ukrainian-Canadian Congress, United Way of BC, and CISSA-ACSEI National Secretariat […]

Prosperity Bank and FHLB Dallas Provide $750K for Affordable Apartments

The $16.4 Million Development Serves People Living with HIV AUSTIN, Texas–(BUSINESS WIRE)–Prosperity Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) awarded a $750,000 Affordable Housing Program (AHP) subsidy to build an affordable apartment complex for people living with HIV in Austin, Texas. Scurry Miller, executive director of Project Transitions Inc., said stable […]

Insurtech Market is expected to reach a market size of 114 Billion by 2030 growing at a Staggering CAGR of 46.1%: Straits Research

The global Insurtech market size is expected to reach a valuation of USD 114,489 million by 2030, growing at a CAGR of 46.10% during the forecast period 2022–2030. New York, United States, June 02, 2022 (GLOBE NEWSWIRE) — Insurtech focuses on applying technological advancements to the existing insurance sector paradigm to extract cost advantages and […]

Root, Inc. to Participate in the Goldman Sachs Insurtech Conference

Alex Timm, Co-Founder and CEO of Root Insurance, will participate in his second conference fireside chat this year COLUMBUS, Ohio, June 02, 2022 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance, has announced that Alex Timm, Co-Founder and CEO, will participate in […]

Finhaven launches Gateway to provide a regulation-compliant solution for the worlds of cryptocurrencies and security tokens

Highlights: Finhaven Gateway Inc., a subsidiary of Finhaven, introduces FINToken to become a utility medium for innovative, improved transactions in regulated industries using blockchain technology. FINToken is an ERC-20 and BEP-20 token. Finhaven Capital Inc., a subsidiary of Finhaven, is an authorized dealer, marketplace and clearing agency for security tokens in BC, AB, SK, MB, […]

Street Cred Capital and Grubhub Partner to Launch Incentive Program for Mobile Carrier Employees

The Meals for Deals program incentivizes retail associates using Street Cred Capital’s lending tools by offering Grubhub meal credits DENVER, Colo. and CHICAGO, June 02, 2022 (GLOBE NEWSWIRE) — Street Cred Capital, a fintech leader providing fast, fair and simple lending solutions tailored for the mobile industry, today announced a strategic partnership with Grubhub Corporate […]

Omni and J.P. Morgan Announce Strategic Alliance to Deploy Working Capital Solutions in Latin America

Strategic alliance will offer Latin American buyers regional and cross border options to enhance supply chain stability and liquidity. Together, they provide a single, innovative regional platform for clients. BOGOTÁ, Colombia–(BUSINESS WIRE)–Omni, the data-driven fintech focused on providing small and medium enterprises with working capital solutions in Latin America, today announced a strategic alliance with […]

GeoWealth Enhances its Enterprise Technology Platform by Integrating 55ip’s Tax-Smart Portfolio Implementation Capabilities

RIA-focused TAMP adds to its modern, agile platform with the addition of 55ip’s tax technology CHICAGO–(BUSINESS WIRE)–#55ip—GeoWealth, a modern turnkey asset management platform (TAMP) built for advisors, today announced a strategic partnership with 55ip, the technology platform designed to deliver personalized tax management for independent advisors (RIAs). Continued market volatility, the potential for rising tax […]

Brooklyn Investment Group and Apex to Launch A.I. Powered Unified Managed Account Platform Across Digital and Traditional Assets

Solution Will Service Independent Financial Advisors Through Apex Clearing, Apex Crypto, and Brooklyn Investment Group Managed Accounts Platform to Integrate Investing in Crypto and Traditional Assets Through One Custodian BROOKLYN, N.Y.–(BUSINESS WIRE)–Brooklyn Investment Group, LLC (“Brooklyn”), an A.I. powered managed accounts platform and Apex Fintech Solutions Inc. (“Apex”), the “fintech for fintechs,” today announced a […]

Laminar Doubles Funding in Less Than Six Months to $67 Million, Leading the Way in Cloud Data Security

Public cloud data security leader secures $30 million extended Series A, with participation from Tiger Global Management and Salesforce Ventures, and launches three new product capabilities TEL AVIV & NEW YORK–(BUSINESS WIRE)–#Laminar—Laminar, a public cloud data security provider, announced today that they have raised an additional $30 million, nearly doubling its funding to $67 million […]

GlobalData Plc: Buy Now Pay Later to Disrupt the Lending Sector and Payments Industry

The global Buy Now Pay Later (BNPL) market size reached $120 billion in 2021 LONDON, June 02, 2022 (GLOBE NEWSWIRE) — BNPL is a new layer adding itself to the payment infrastructure, with the aim of reducing friction at the point of payment and simplifying access to small loans. Most of the leaders in the […]

Fortanix Launches the Industry’s First Web 3.0-era Solutions Based on Confidential Computing to Secure Sensitive Digital Assets and Blockchain Infrastructure

New suite integrated within Fortanix Data Security Manager adopts a 360-degree platform approach and FIPS 140-2 Level 3 certification to deliver unprecedented digital security for decentralized finance MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Fortanix® Inc., the data-first multicloud security company and leader in Confidential Computing, today announced the launch of a new suite of Secure Web 3.0 Infrastructure […]

Discover’s Credit Card Mobile App and Website Both Rank Highest in Customer Satisfaction by J.D. Power

RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover’s credit card mobile app, as well as its website, Discover.com, ranked highest in customer satisfaction among U.S. credit card companies, according to the J.D. Power U.S. Credit Card Mobile App Satisfaction StudySM and the U.S. Online Credit Card Satisfaction StudySM. Discover’s mobile app scored 876 out of a possible 1,000, outpacing the […]

North America Fintech Clip Money Inc. Announces Investment from GLORY to Deliver Enhanced Deposit Services for Businesses

TORONTO, June 02, 2022 (GLOBE NEWSWIRE) — Clip Money Inc. (TSXV: CLIP), a Fintech operating in Canada and the United States announces that Glory, a global leader in cash technology solutions to the financial and retail industries, has participated in the latest fundraising round. Clip Money simplifies the challenges businesses face when depositing cash, avoiding […]

RIDDLE&CODE is Partnering With Influx Technology to Develop the Next Generation of its Drive&Stake Stack

VIENNA–(BUSINESS WIRE)–RIDDLE&CODE is partnering with Influx Technology LTD to develop the next generation of its Drive&Stake stack. This collaboration focuses on the further evolution of Drive&Stake hardware to transform vehicles into autonomous agents in a new era of mobility. RIDDLE&CODE and Influx Technology are working together to build a powerful and flexible toolchain for original […]

Libertas Capital Management Joins FamilyWealth

FamilyWealth has entered into an agreement with Libertas Capital Management to provide wealth management services to their existing client network Jeremy Patton Jeremy Patton, CEO of Libertas Capital Management Bill Oakley Bill Oakley, Managing Partner at FamilyWealth Advisers, LLC DENVER, June 02, 2022 (GLOBE NEWSWIRE) — Leading financial services firm FamilyWealth, a Denver, Colorado-based Registered […]

Marqeta Joins Mastercard’s Network Enablement Partner Program in Asia Pacific, Enabling Live Issuance on a Faster Timeline

Building on its existing global partnership, Marqeta will work directly with Mastercard to accelerate speed to market for its customers in APAC OAKLAND, Calif.–(BUSINESS WIRE)–Marqeta (NASDAQ: MQ), the global modern card issuing platform, today announced that it is part of the first cohort of companies to join Mastercard’s Network Enablement Partner (NEP) program in the […]

The ROIG Group Announces Expansion of Payments Practice

Kasasa and Seattle Bank are among clients to benefit from ROIG’s 360-Degree View MINNEAPOLIS–(BUSINESS WIRE)–The ROIG Group, a specialized consultancy with a relentless focus on executable, customer-centered outcomes, is pleased to announce two new clients to its recently launched Payments Practice. The expansion of The ROIG Group’s consulting offerings, led by industry experts Sheree Thornsberry […]

nCino Reports First Quarter Fiscal Year 2023 Financial Results

Total Revenues of $94.2M, up 51% year-over-year Subscription Revenues of $79.2M, up 55% year-over-yearOrganic Subscription Revenues of $65.6M, up 29% year-over-year WILMINGTON, N.C., June 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 financial results for its first […]

BOK Financial Transforms Commercial Offerings Through nCino Platform

Top 25 U.S-based bank adopts the nCino Bank Operating System to provide further value to its client base WILMINGTON, N.C., June 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 BOK Financial is live on the nCino Bank […]

tastytrade Management Evolves to Drive Next Stage of Growth

CHICAGO & LONDON–(BUSINESS WIRE)–IG Group (LON:IGG), a leading, global fintech at the forefront of online trading, today announced an evolution of management at tastytrade. Since tastytrade became part of IG Group in June 2021, the Company’s focus has been on integration which has gone very well, with successful cross pollination and synergies created across the […]

Teslar Software Recognized as a 2022 Best Place to Work in Financial Technology

Fintech acknowledged by Arizent for balanced, flexible workplace, dedication to employee advancement SPRINGDALE, Ark.–(BUSINESS WIRE)–Teslar Software, provider of lending process automation tools for community financial institutions, has been named a 2022 Best Place to Work in Financial Technology by Arizent and Best Companies Group. Fintechs were selected for the list based on an evaluation of […]

Deep Knowledge Group’s General Partner Dmitry Kaminskiy Presents Keynote Address at Davos Longevity Investment Summit During World Economic Forum 2022

DAVOS, Switzerland–(BUSINESS WIRE)–Deep Knowledge Group General Partner Dmitry Kaminskiy delivered a keynote address on the current state and future of the Longevity Industry at Davos Longevity Investment Summit during the World Economic Forum 2022. Deep Knowledge Group is a consortium of commercial and non-profit organisations active on multiple fronts in the realm of DeepTech and […]

PickleJar Debuts New Campaign to Spotlight the Return of Live Music

Integrated Campaign Features Bonus Cash and “Win Your Own 3-City Tour Sweepstakes” for Artists and Weekly Cash Giveaways for Fans HOUSTON, TX, June 01, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — PickleJar, the live entertainment and artist payments app, announced the launch of a U.S. and Canadian, multi-channel, integrated campaign called “Light It Up,” highlighting PickleJar’s robust […]

Modus Create Acquires European Software Engineering Firm Tweag

This acquisition is the second in two months for Modus Create RESTON, Va.–(BUSINESS WIRE)–#DigitalTransformation—Modus Create, a global provider of digital transformation and product development services, announced today that it has acquired Tweag, a software engineering company providing high levels of software assurance to its clients in the fintech, biopharma and autonomous vehicle space. This announcement […]

Savant Wealth Management Invests $3M in Advice Engagement Platform Lumiant

Strategic partnership will power Lumiant’s rapid expansion in the United States CHICAGO–(BUSINESS WIRE)–#Accountants—Lumiant, an advice and ​client engagement platform that empowers advisors to connect with families around their values and money goals to make better choices and live their best financial lives, today announces it has secured a $3 million investment to support its expansion […]

Salary Finance Joins Paylogix Co-Op Funding Program® as Financial Wellbeing Partner

Paylogix will provide technology and services in connection with Salary Finance’s socially responsible financial products BOSTON–(BUSINESS WIRE)–#benefits—Salary Finance, the leading global provider of socially responsible financial products in the workplace, announced today that it has formed a partnership with Paylogix, the premium technology solution provider in the administration of voluntary benefits. Salary Finance’s suite of […]

Magellan, Enterprise and ICE Announce Update on Terminal Transfers of Midland WTI AGC Futures

TULSA, Okla., & HOUSTON–(BUSINESS WIRE)–Magellan Midstream Partners, L.P. (NYSE: MMP), Enterprise Products Partners L.P. (NYSE: EPD) and Intercontinental Exchange, Inc. (NYSE: ICE) today announced that the “no-charge” arrangement between the Magellan East Houston (“MEH”) and the Enterprise Crude Houston (“ECHO”) terminals to transfer crude oil delivered through the Midland WTI AGC futures contract (ICE: HOU) […]

Velocity Solutions Announces VelocityConnector™ to Enable Efficient and Secure API Connections to Disparate Banking Data Systems

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–#Fintech–Velocity Solutions announces the VelocityConnector™ to enable banks and credit unions to access data across disparate banking systems and give fintech providers a more efficient integration method through its set of APIs powered by the Velocity Intelligent Platform®. The Velocity Intelligent Platform is an innovative, machine-led banking management platform that powers all […]

BlackRock Updates Multifactor ETF Suite to Serve as Portfolio Building Blocks

NEW YORK–(BUSINESS WIRE)–Effective today, BlackRock implemented changes to the iShares Multifactor suite, bringing enhanced systematic multifactor investing capabilities to the foundation of portfolio construction. The iShares US Equity Factor ETF (LRGF) and the iShares International Equity Factor ETF (INTF) updates are as follows: Summary of Enhancements LRGF INTF New Fund Name iShares US Equity Factor […]

VizyPay Named Best Place to Work in Financial Technology

Payments processing company ranks for innovative company culture, flourishing employee engagement and investment in talent development WAUKEE, Iowa, June 01, 2022 (GLOBE NEWSWIRE) — VizyPay, an award-winning leader in payment processing for small businesses across rural America, has been named one of the 2022 Best Places to Work in Financial Technology by American Banker. The […]

NICE Actimize Named Category Winner as “Best Solution for Managing Financial Crime” by 2022 Europe RegTech Insight Awards

NICE Actimize’s entity-centric approach improves the accuracy of financial crime detection through a stronger understanding of customers and their data HOBOKEN, N.J.–(BUSINESS WIRE)–#NICE—NICE Actimize (Nasdaq: NICE) was named the category winner for “Best Solution for Managing Financial Crime” in A-Team Group’s 2022 Europe RegTech Insight Awards marking its fifth consecutive yearly win across this awards […]

BitNile Holdings Issues May Bitcoin Production and Mining Operation Report

The Company has self-mined 210 Bitcoin to date at its Michigan data center LAS VEGAS–(BUSINESS WIRE)–$AGH #AmosKohn—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 […]

Nav Teams Up with Marcus by Goldman Sachs® to Offer Small Business Owners Lines of Credit

Through the Collaboration, Nav and Marcus by Goldman Sachs Aim to Provide More Transparency and Financing Options to Small Business Owners SALT LAKE CITY, June 01, 2022 (GLOBE NEWSWIRE) — Today, Nav Technologies, Inc. (“Nav”), a simple and intelligent financing platform for small businesses, announced a partnership with Marcus by Goldman Sachs to offer small […]

Aware Addresses Global Demand for Financial Services Fraud Prevention

Successes in Brazil, Mexico and Turkey bring secure, convenient financial account onboarding and authentication to consumers BEDFORD, Mass., June 01, 2022 (GLOBE NEWSWIRE) — Aware, Inc., (NASDAQ: AWRE), a leading authentication company applying proven and trusted adaptive authentication to solve everyday business challenges with biometrics, is excited to announce the company’s recent momentum with its […]

iBG Finance Announces Forthcoming Investment Portal Launch

The aggregator aims to make DeFi investment painless for traders of all levels through an all-in-one suite of DeFi earning protocols iBG Finance Announces Forthcoming Investment Portal Launch CEO SAMUEL CHNG iBG Finance Announces Forthcoming Investment Portal Launch INVESTMENT PORTAL – MEMBERSHIP TIERS – iBG iBG Finance Announces Forthcoming Investment Portal Launch INVESTMENT PORTAL – […]

Insights on the Account Reconciliation Software Global Market to 2027 – by Component, Deployment Mode, Organization Size, End-user and Region

Global Account Reconciliation Software Market Global Account Reconciliation Software Market Dublin, June 01, 2022 (GLOBE NEWSWIRE) — The “Account Reconciliation Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering. The global account reconciliation software market reached a value of US$ 2.45 Billion in 2021. Looking […]

Completion of Pharma Intelligence Acquisition by Warburg Pincus From Informa PLC and Appointment of Executive Chair

LONDON and NEW YORK, June 01, 2022 (GLOBE NEWSWIRE) — Pharma Intelligence, a leading provider of specialist intelligence, data, and software for clinical trials, drug development, and regulatory compliance, announces that Warburg Pincus, a leading global growth investor, has completed its acquisition of the business from Informa PLC (LSE:INF.L), the international Academic Markets, B2B Markets and […]

The Worldwide Voice-based Payments Industry is Expected to Reach $14.6 Billion by 2030

Global Voice-based Payments Market Global Voice-based Payments Market Dublin, June 01, 2022 (GLOBE NEWSWIRE) — The “Voice-based Payments Market Size, Share & Trends Analysis Report by Component (Software, Hardware), by Enterprise Size, by End Use, by Region, and Segment Forecasts, 2022-2030” report has been added to ResearchAndMarkets.com’s offering. The global voice-based payments market size is […]