Techwire


Bancor 3, The Ultimate DeFi Liquidity Solution, Goes Lives With Launch Partners Polygon, Synthetix, Brave, Flexa, Yearn, Nexus Mutual & 30+ DAOs

Bancor‘s new Single-Sided, Impermanent Loss-Protected Liquidity Solution is set to unleash a wave of on-chain liquidity by making DeFi staking dead simple for DAOs and their token holders ZUG, Switzerland, May 11, 2022 (GLOBE NEWSWIRE) — Bancor (BNT), the inventor of DeFi and liquidity pools, has announced its new protocol version, Bancor 3, is now […]

Modaxo Expands Investment in Mobile Ticketing with Acquisition of Corethree

TORONTO, May 11, 2022 (GLOBE NEWSWIRE) — Modaxo Inc. (“Modaxo”), a global technology organization focused on moving the world’s people, today announced that it has expanded its investment in mobile ticketing and customer engagement technology through the acquisition of Corethree. Based in Watford, UK, Corethree has been a leading provider of mobile ticketing technology to […]

Ortec Finance Expands Global Presence With Appointment of Kristin Harrington

Kristin Harrington, Managing Director, United States at Ortec Finance Kristin Harrington, Managing Director, United States at Ortec Finance SAN FRANCISCO, May 11, 2022 (GLOBE NEWSWIRE) — Ortec Finance, a global fintech company specialized in offering solutions and services for institutional investors to improve their investment decision-making, is pleased to announce the expansion of its global […]

nCino to Convene Financial Services Industry at Annual User Conference nSight 2022

Cloud banking leader hosts tenth annual user conference to showcase best practices in building the financial services industry of tomorrow WILMINGTON, N.C., May 11, 2022 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, will host its tenth annual nSight user conference […]

Update: CryptoConcerts Inc. Creates Crypto-Ready Event Ticketing & NFTs

Launching later this year, the new Profitable Developments Inc. subsidiary will provide ticketing services for XR and IRL events of all kinds, allowing for crypto payments, NFT integrations and 360 streaming; Roadmap includes an IEO, a DAO and simultaneous in-person/metaverse event streaming solutions Los Angeles, CA, May 10, 2022 (GLOBE NEWSWIRE) — Profitable Developments Inc. […]

AppTech Payments Reports First Quarter 2022 Results

CARLSBAD, Calif., May 10, 2022 (GLOBE NEWSWIRE) — AppTech Payments Corp. (“AppTech”) (NASDAQ: APCX), a Fintech company powering commerce experiences, today announced results for its First Quarter ended March 31, 2022. The financial statements and 10-Q are available on sec.gov. First Quarter 2022 Financial Highlights 1Q22 revenue was approximately $104 thousand, a 3% increase versus […]

Flywire Reports First Quarter 2022 Financial Results

First Quarter Revenue Increased 43% Year-over-Year First Quarter Revenue Less Ancillary Services Increased 47% Year-over-Year First Quarter Total Payment Volume Increased 46% Year-over-Year BOSTON, May 10, 2022 (GLOBE NEWSWIRE) —  Flywire Corporation (Nasdaq: FLYW) (the “Company”) a global payments enablement and software company, today reported financial results for its first quarter ended March 31, 2022. […]

Net 1 Reports Third Quarter 2022 Results

JOHANNESBURG, South Africa, May 10, 2022 (GLOBE NEWSWIRE) — Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS; JSE: NT1) today released results for the third fiscal quarter ended March 31, 2022. Highlights: Revenue increased to $35.2 million, up 27% in rand terms and 22% in dollar terms, underpinned by stronger merchant revenue; After normalizing for $5.9 […]

Velocity Solutions and DoubleCheck Solutions Team Up to Provide Unique Consumer Liquidity and Overdraft Options to Financial Institutions

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–#ConsumerLiquidity–Velocity Solutions announces a strategic partnership with DoubleCheck Solutions, a fintech company providing unique technology which puts overdraft and NSF decisions in the hands of the consumer. In this partnership, Velocity Solutions will integrate DoubleCheck’s technology into Velocity’s total Consumer Liquidity Engine™, comprised of its Intelligent Limit System® software and the CashPlease® […]

Taulia and EcoVadis Partner to Help Build Sustainable Supply Chains

New partnership will help businesses achieve ESG goals and incentivize suppliers to improve ESG behavior SAN FRANCISCO–(BUSINESS WIRE)–Taulia, a leading provider of working capital management solutions, has today announced its partnership with the business sustainability rating provider, EcoVadis. EcoVadis will provide ESG ratings for Taulia’s Sustainable Supplier Finance solution, allowing businesses in any industry globally […]

Northern Trust Announces Alliance with Enfusion as Part of Whole Office Strategy

Northern Trust and Enfusion aim to simplify the operating infrastructure for mutual clients CHICAGO–(BUSINESS WIRE)–#assetmanagement–As part of its continuing strategy to serve client needs across the entire investment lifecycle, Northern Trust (Nasdaq: NTRS) has established a relationship with Enfusion, Inc. (“Enfusion”) (NYSE: ENFN), a leading provider of cloud-native investment management software and services, to provide […]

Predictive Analytics Firm FIntegrate Technology Selects William Mills Agency for Public Relations Services

Fintech helps automate, prioritize collections and recovery processes for credit unions and banks ATLANTA–(BUSINESS WIRE)–#fintech—William Mills Agency, the largest independent public relations and marketing firm specializing in the financial industry, has been selected by FIntegrate Technology for public relations services. The company selected the agency to assist in a complete rebrand, as well as design […]

N26 Teams Up With Bitrise To Scale Mobile Banking App And Achieve 200%+ Increase in Monthly App Store Releases

The Mobile Bank Taps Mobile DevOps Company to Increase Frequency of Releases to App Stores, from Once Every Three Weeks to Nearly Once a Week, While Ensuring Strict Compliance Standards BERLIN, Germany & NEW YORK–(BUSINESS WIRE)–N26, the mobile bank that lets users in 24 markets control their accounts and debit cards from a mobile app, […]

U.S. Bank, LiquidX Collaborate to Simplify, Accelerate Supply-Chain Financing

Integrated solution will unlock valuable working capital while helping to speed transactions and reduce borrowing costs MINNEAPOLIS–(BUSINESS WIRE)–U.S. Bank announced today that it has entered into a collaboration agreement with trade-finance fintech LiquidX to help expedite and simplify supply-chain transactions between suppliers and buyers. This collaboration – which comes at a time of unparalleled stress […]

Crum & Forster Upgrades Majesco Billing for P&C to Majesco CloudInsurer®

Migration to Cloud enables seamless application and platform upgrades to keep them at the leading edge of market and customer expectations MORRISTOWN, N.J.–(BUSINESS WIRE)–Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that Crum & Forster has completed the upgrade and migration Majesco Billing for P&C on Majesco CloudInsurer®. […]

Mission Lane Launches Credit Builder Account Program with Opportunity to Build Credit and Savings

Program will offer opportunity for those who are looking to build or rebuild their credit RICHMOND, Va.–(BUSINESS WIRE)–Mission Lane, a purpose-driven financial technology company, today announced the launch of the Mission Lane® Credit Builder Account, a new credit builder loan program aimed at setting consumers on the path to establishing strong credit. Mission Lane, working […]

The Diversity Marketing Consortium Reaches Milestone of $1M in Pro Bono Services Provided to Women and POC-led Startups

With this achievement, the DMC has supported more than 20 POC & women-led startups, furthering its mission of shining a light on underrepresented founders NEW YORK–(BUSINESS WIRE)–The Diversity Marketing Consortium™ (DMC) announced it has reached the significant milestone of $1M worth of pro bono communications services provided to women and POC-led startups. Founded in July […]

Sidetrade: Double-digit growth in revenue to 12% for Q1 2022

First Quarter Revenue for 2022 Record-breaking new bookings surge in Q1 2022 Growth of +132% 81% of bookings were international, with 62% from the United States Increase in Order-to-Cash SaaS revenue to +21%Double-digit growth in revenue to 12%Sidetrade recognized as one of three Leaders in the first Gartner® Magic Quadrant™ for Integrated Invoice-to-Cash Applications Sidetrade […]

CION Investments, Man Group, and iCapital Partner to Scale Alternative Investing Access

NEW YORK–(BUSINESS WIRE)–CION Investments (CION), a leading manager and distributor of alternative investment solutions, and Man Group, a global active asset manager with $151.4 billion1 in AUM, announced today that they have partnered with iCapital2, the leading global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries. CION […]

Provenir Joins Visa Ready for BNPL Program to Support AI Risk Decisioning for Burgeoning Buy Now Pay Later Sector

Providing universal access to data, simplified AI and sophisticated decisioning technology, Provenir continues to broaden its partnership with Visa PARSIPPANY, N.J.–(BUSINESS WIRE)–Provenir, a global leader in AI-powered risk decisioning software for the fintech industry, today announced it is part of the Visa Ready for BNPL program, providing lenders offering Buy Now Pay Later (BNPL) services […]

Counterpart Adds Additional A-Rated Carrier to Expand Management Liability Insurance to More Small Businesses

Partnership with Aspen Insurance and Markel Insurance Company brings Counterpart’s innovative risk management products and services to a broader market LOS ANGELES–(BUSINESS WIRE)–Counterpart, the management liability insurtech, today announced the launch of their partnership with Aspen Insurance to bring Aspen’s management liability products to small businesses across a broader array of industries and geographies. Aspen […]

SECU To Deploy Scienaptic’s AI-Powered Credit Decisioning Platform

Initial tests show potential for 19% more approvals, 22% reduced loss rate and 80% auto-decision rate NEW YORK–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider, Scienaptic AI announced that SECU (State Employees’ Credit Union of Maryland) is planning to implement its AI-powered credit decisioning platform. The deployment, scheduled for later this year, will enhance and […]

CryptoBucks Honored With 2022 ETA Transact Star Award

Payment processing app recognized for Technology Innovation at TRANSACT ETA Transact Star Award ETA Transact Star Award LAS VEGAS, May 10, 2022 (GLOBE NEWSWIRE) — The CryptoBucks App received the 2022 ETA Star Award for Technology Innovation at TRANSACT, the Electronic Transfer Association’s annual conference and award ceremony, in Las Vegas on April 12. The […]

Discover Publishes 2021 Corporate Responsibility Report

RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover today published its 2021 Corporate Responsibility Report Building a Brighter Tomorrow, which shares actions the company undertook in fulfilling its mission to help people achieve brighter financial futures. From providing free financial education curriculum to thousands of classrooms across the country, operating responsibly, and protecting the environment to bringing new jobs and […]

DigniFi Welcomes Pagaya to Its Inclusive Financing Platform, Expanding Lending Services to Small Businesses

Pagaya, a financial technology company working to reshape the financial ecosystem, is helping DigniFi offer over 6,000 small businesses and their customers increased access to on-the-spot financing. SEATTLE–(BUSINESS WIRE)–DigniFi, an inclusive financing platform whose credit branded products are issued by WebBank, announced that Pagaya has joined the platform as a credit analysis partner. By supplementing […]

Rillion Launches in United States as it Rebrands from Palette Software, a Leading Accounts Payable Automation Provider in the Nordics

Rillion, formerly known as Palette Software, will bring its nearly 30 years of experience to the U.S. market to provide a cloud-based solution aimed at simplifying and automating invoice management and accounts payable processes CHICAGO, May 10, 2022 (GLOBE NEWSWIRE) — Global SaaS solutions provider Rillion announced today its launch in the United States. Formerly […]

Provident Hires Tara Brady as Customer Experience Director

New position underscores Bank’s commitment to elevate the customer experience Tara Brady, First Vice President, Customer Experience Director Tara Brady, First Vice President, Customer Experience Director ISELIN, N.J., May 10, 2022 (GLOBE NEWSWIRE) — Provident Bank, a leading New Jersey-based financial institution, announced today that Tara Brady has joined the Bank as First Vice President, Customer […]

GBT Further Strengthening Its 3D, Multiplanar IC Architecture Patent via Its Continuation Application

Responding to USPTO office action, GBT aims to further focus on microchip’s wafer’s vertical and horizontal planes mounting concepts SAN DIEGO, May 10, 2022 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT” or the “Company”), will be further broadening its 3D, multiplanar, integrated circuits design and manufacturing continuation patent application, responding to an United […]

Ebix Announces Q1 2022 Revenues of $286.3 Million with 7% Sequential Growth and Diluted EPS of $0.62 with 24% Sequential Growth

JOHNS CREEK, Ga., May 10, 2022 (GLOBE NEWSWIRE) — Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of on-demand software and e-commerce services to the insurance, financial services, travel, healthcare, and e-learning industries today announced the following results for the quarter ended March 31, 2022: Revenues of $286.3 million GAAP operating income of $30.1 million […]

Nuvei Announces First Quarter 2022 Results

Reaffirms Financial Outlook for 2022 Nuvei reports in U.S. dollars and in accordance with International Financial Reporting Standards (“IFRS”) MONTREAL, May 10, 2022 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), tomorrow’s payment platform, today reported its financial results for the three months ended March 31, 2022. “We had a strong […]

Italian Digital Bank Achieves Record Growth with Temenos Banking Cloud

Flowe, the environmentally-friendly Italian challenger bank, reaches 700,000 accounts GENEVA–(BUSINESS WIRE)–Temenos (SIX: TEMN), the cloud banking platform, announced that Flowe, the digital bank of Banco Mediolanum, has reached a major milestone with 700,000 accounts in its first 18 months since its launch. With Temenos open platform for composable banking, Flowe is growing twice as fast […]

Biz2Credit Small Business Lending Index™ Reports Approval Rates Inched Upward in April 2022

NEW YORK, May 10, 2022 (GLOBE NEWSWIRE) — Small business loan approval percentages at big banks ($10m + in assets) rose from 14.9% in March to 15.1% in April, and small banks’ approvals also increased from 20.6% in March to 20.8% this past month, according to the Biz2Credit Small Business Lending Index™ released today. Among […]

Entersekt partners with Capitec Bank to Boost Security and Reduce Friction for E-Commerce Transactions

Entersekt integrates NuData Security’s behavioral analytics intelligence into its EMV 3-D Secure solution to provide Capitec customers with real-time risk-based authentication for online purchases CAPE TOWN, South Africa–(BUSINESS WIRE)–#3DSecure—Entersekt, a global leader in device identity and authentication solutions, today announced that Capitec Bank has implemented its innovative EMV 3-D Secure solution that boosts the security […]

CryptoConcerts Inc. Creates Crypto-Ready Event Ticket & NTFs

Launching later this year, the new Profitable Developments Inc. subsidiary will provide ticketing services for XR and IRL events of all kinds, allowing for crypto payments, NFT integrations and 360 streaming; Roadmap includes an IEO, a DAO and simultaneous in-person/metaverse event streaming solutions Los Angeles, CA, May 10, 2022 (GLOBE NEWSWIRE) — Profitable Developments Inc. […]

Kestra Financial Launches Retirement Plan Enterprise in Partnership With Envestnet Retirement Solutions

Integrated, flexible platform designed to enhance and advance retirement plan engagements at no additional cost to financial professionals AUSTIN, Texas–(BUSINESS WIRE)–Industry leading wealth management platform, Kestra Financial, today announced the launch of Retirement Plan Enterprise (RPE) in partnership with Envestnet Retirement Solutions. Designed to elevate retirement plan solutions, RPE provides a comprehensive retirement plan practice […]

ICE Launches its First Nature-Based Solutions Carbon Credit Futures Contract

LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced that it has launched a Nature-Based Solutions carbon credit futures contract (“NBS future”). The NBS future, which trades under the contract code NBT, physically delivers Verified Carbon Unit (VCU) credits certified under Verra’s Verified Carbon Standard (VCS) Agriculture, […]

Levo Credit Union Deploys Scienaptic’s AI-Powered Credit Decision Platform To Enhance Loan Approvals

Early results indicate potential for 42% more auto-approvals for auto loans and 45% more auto-approvals for unsecured loans NEW YORK–(BUSINESS WIRE)–#AI–Leading global AI-powered credit decision platform provider Scienaptic AI announced today that Levo Credit Union, a 30,000 member strong credit union serving the South Dakota region, is live on its platform. Scienaptic’s platform will allow […]

FirstBank Maintains Robust Growth at the Start of 2022

Bank Continues to Support Down Payment Assistance Program and Contributes $250,000 to the Boulder County Wildfire Fund LAKEWOOD, Colo., May 09, 2022 (GLOBE NEWSWIRE) — FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” announced its 2022 first quarter summary on the company’s holdings and activities. The bank […]