Techwire


Calvin B. Taylor Bankshares, Inc. (OTCQX: TYCB), Parent Company of Calvin B. Taylor Bank, Reports First Quarter 2022 Financial Results

BERLIN, MD, May 16, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Calvin B. Taylor Bankshares, Inc. (the “Company”) (OTCQX: TYCB), parent company of Calvin B. Taylor Bank, today reported net income of $2.29 million for the first quarter ended March 31, 2022 (“1Q22”), as compared to $2.60 million for the first quarter ended March 31, […]

nCino Announces Timing of its First Quarter Fiscal Year 2023 Financial Results Conference Call

WILMINGTON, N.C., May 16, 2022 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, will report financial results for its first quarter ended April 30, 2022, after the market close on Wednesday, June 1, 2022. nCino will host a conference call and […]

Banking Veteran Phil Donnelly Joins Veritex Community Bank as SEVP and General Counsel

DALLAS and HOUSTON, May 16, 2022 (GLOBE NEWSWIRE) — Long time banking veteran Phil Donnelly has joined Veritex Community Bank as the bank’s Senior Executive Vice President and General Counsel. In addition to leading the bank’s legal team, Donnelly will oversee Veritex Bank’s corporate governance and manage all regulatory matters. Donnelly brings more than 32 […]

IQST – iQSTEL Announces Q1 37% Revenue Increase To $19.42 Million: On Track To $90 Million 2022 Annual Revenue Forecast

New York, NY , May 16, 2022 (GLOBE NEWSWIRE) — iQSTEL, Inc. (OTCQX: IQST) today announced filing its Q1 financial report. The company realized a 37% increase in revenue to $19.42 million in Q1 compared to the same period in 2021.  The company is approaching breakeven posting a substantial bottom line improvement reducing its net […]

Vint Brings Wine Futures to the World

Innovative Fintech Platform Introduces a New Way for Wine Producers of All Sizes to Manage Cash Flows and Grow Their Business with Non-Dilutive Capital RICHMOND, Va.–(BUSINESS WIRE)–Vint, the first SEC-qualified and fully transparent platform for wine and spirits collection investing, today launched the first-of-its-kind opportunity to invest in wine futures. Vint’s first “Vint En Primeur” […]

Behavox Research on Continual Learning Featured in International Conference on Acoustics, Speech and Signal Processing (ICASSP)

Prestigious Industry Honor for Behavox’s Voice Platform MONTREAL–(BUSINESS WIRE)–Behavox, which provides a suite of security products that help compliance, HR, and security teams protect their company and colleagues from bad actors, today announced that its academic research paper on artificial intelligence “Continual learning using lattice-free MMI for speech recognition” has been accepted by the International […]

Classiq Announces Strategic Investment from Global Business Leaders HSBC, NTT Finance, Neva SGR (Intesa Sanpaolo Group)

New Investments Demonstrate Shared Interest in and Strategic Importance of Quantum Computing TEL AVIV, Israel–(BUSINESS WIRE)–Classiq, the leader in quantum software development, today announced the participation of three industry leaders – HSBC, NTT Finance, and Intesa Sanpaolo – in the second closing of its Series B funding. This comes on the heels of its earlier […]

Infinity Ventures Launches Inaugural $158 Million Fund Dedicated to Global Fintech Investing

Former PayPal leaders Jeremy Jonker, Jay Ganatra, and Mario Ruiz form fund to back the builders of fintech infrastructure and commerce enablement SAN FRANCISCO & NEW YORK–(BUSINESS WIRE)–Infinity Ventures, an early-stage venture firm investing in founders building across fintech infrastructure and commerce enablement, today announced its inaugural $158 million fund. The capital will fuel Infinity […]

CI Global Asset Management Advances Technology Toolkit with CapIntel

Wealth management technology enables wealth firms to provide enhanced services leading to outsized growth. In recognizing the value of CapIntel’s sophisticated platform, CI Global Asset Management continues to keep a pulse on leading FinTech. TORONTO–(BUSINESS WIRE)–CapIntel, a leading financial technology company that improves day-to-day workflow efficiency and fund analysis for financial advisors, today announced a […]

Toast and US Foods Renew Strategic Partnership to Help Restaurants Streamline Operations and Thrive

BOSTON–(BUSINESS WIRE)–Toast (NYSE: TOST), the all-in-one digital platform purpose-built for the entire restaurant community, today announced the renewal of its strategic partnership with US Foods (NYSE: USFD), a leading foodservice distributor that works with approximately 250,000 restaurants and foodservice operators across the US. Toast and US Foods share core values of helping restaurants succeed. The […]

Sofinnova Partners and Apollo Form Strategic Partnership in Life Sciences

Apollo expands its growth ecosystem by acquiring a minority stake in pioneering life sciences venture capital firm and providing up to €1 billion of capital commitments Sofinnova Partners poised to accelerate growth with additional capital and global strategic partner NEW YORK & PARIS–(BUSINESS WIRE)–Apollo (NYSE: APO) and Sofinnova Partners (“Sofinnova”), a leading European life sciences […]

Majic Wheels Corp. Official Company Statement Regarding Caveat Emptor

HOUSTON, TEXAS, May 16, 2022 (GLOBE NEWSWIRE) — Wyoming-based holding Company Majic Wheels Corp. (OTC Pink: MJWL) has today issued this Official Company Statement to update its shareholders regarding the Caveat Emptor (CE) that was placed on the $MJWL ticker after trading hours on Friday 13 May, 2022. First, Majic Wheels Corp wishes to confirm […]

Sustain.Life, Co-Founded by Former Jet.com and Walmart Executives, Raises $16M to Empower SMEs to Take Climate Action

Sustain.Life is a new, fast growing software platform that helps businesses measure, manage and report their carbon emissions and environmental impact Co-led by both Tapestry VC and Jet.com co-founder Mike Hanrahan, this Seed funding round will enable Sustain.Life to accelerate its hiring, software development and customer acquisition NEW YORK–(BUSINESS WIRE)–Sustain.Life, the platform empowering small- and […]

Global Fintech Jifiti Welcomes David Chubak, Former Citi Retail Banking CEO, to Board

Chubak will work closely with the Jifiti leadership team to expand their white-labeled POS financing solution for banks and merchants. This move serves as a vote of confidence by a senior banking executive in Jifiti’s unique approach to Buy Now Pay Later, which is to facilitate scalable, responsible and affordable POS financing solutions for regulated […]

Florida Bitcoin & Blockchain Summit Brings Fintech with a Florida Focus to Orlando May 26-27

NEW YORK, May 16, 2022 (GLOBE NEWSWIRE) — via CryptoCurrencyWire — The Florida Bitcoin & Blockchain Summit, the only fintech and blockchain event with a focus on the state of Florida, announces its live, in-person 2022 event May 26-27 at the Hilton Orlando Resort. The event will bring together fintech communities and technology evangelists from […]

MICT’s Merger Target Announces its Q1 2022 Results

NEW YORK, NY and MONTVALE, NJ, May 16, 2022 (GLOBE NEWSWIRE) — On May 10, 2022, MICT, Inc. (NASDAQ: MICT) (“MICT” or “Company”) and Tingo, Inc. (OTC Markets: TMNA) (“Tingo”) announced they had executed a definitive agreement to merge and consolidate their operations (the “Merger”) to create a highly profitable Nasdaq-listed Fintech and Agri-Fintech company serving […]

Crowdz Secures $10M Strategic Investment, Led by Citi and Global Cleantech Capital

The investment will enable Crowdz to expand its ability to bring accessible working capital to small businesses. Crowdz Blockchain Technology Crowdz Blockchain Technology CAMPBELL, Calif., May 16, 2022 (GLOBE NEWSWIRE) — Small and mid-sized enterprise (SME) finance platform Crowdz has secured $10 million in investment, led by Citi and Global Cleantech Capital, with participation from […]

Meriwest Credit Union Recognized as a 2022 Bay Area ‘Best Place to Work’

Meriwest Credit Union recognized as a 2022 ‘Best Place to Work’ by the San Francisco Business Times and the Silicon Valley Business Journal SILICON VALLEY, Calif., May 13, 2022 (GLOBE NEWSWIRE) — Meriwest Credit Union, one of the largest credit unions serving Silicon Valley, has been recognized as a winner in the 2022 Bay Area […]

Discover Bank Ranks Highest in Customer Satisfaction With Checking Accounts for Direct Retail Banks by J.D. Power

  RIVERWOODS, Ill.–(BUSINESS WIRE)–The Discover Bank checking account tied for first place in customer satisfaction with a score of 715, according to the J.D. Power 2022 U.S. Direct Banking Satisfaction Study. Additionally, Discover’s Online Savings Account ranked second with a score of 717. “For years we have been launching enhancements and new features for our […]

ADDING and REPLACING First All Female-Founded Investment Platform, LUXUS, Gives Investors Opportunity to Invest in Rare Diamonds and Gems

Backed by Veronica M. Beard, current and former Blackstone executives, and other notable investors, LUXUS will partner with Kwiat/Fred Leighton to launch inaugural rare Argyle pink diamond NEW YORK–(BUSINESS WIRE)–Add disclaimer text after last paragraph of release. The updated release reads: FIRST ALL FEMALE-FOUNDED INVESTMENT PLATFORM, LUXUS, GIVES INVESTORS OPPORTUNITY TO INVEST IN RARE DIAMONDS […]

Verimatrix Key Shield Enhancements Streamline SoftPOS Security Implementations and Bolster Threat Defenses

Award-wining cryptographic Key Shield toolkit adds support for Remote Key Injection using the TR-31 key block and AES DUKPT, ideal for financial institutions, point-of-sale integrators and fintech AIX-EN-PROVENCE, France & SAN DIEGO–(BUSINESS WIRE)–Regulatory News: Verimatrix, (Euronext Paris: VMX) (Paris:VMX), the leader in powering the modern connected world with people-centered security, today announced that Verimatrix Key […]

PickleJar and O’Charleys Announce Lee Brice Memorial Day Celebration

100% of Donations Made via the PickleJar Live App to Benefit The Folded Flag Foundation NASHVILLE, TN, May 12, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — PickleJar, the live entertainment and artist payments app, announces today that it will support Lee Brice’s Memorial Day Celebration, sponsored by O’Charley’s Restaurant + Bar and Coca-Cola, an event that will be aired on radio stations […]

TAG’s Fintech South Returns In-Person, June 14 – 15, 2022

Region’s Largest Fintech Conference Focuses on Revolution, Responsibility and Opportunity ATLANTA–(BUSINESS WIRE)–Fintech South, the southeast’s largest event dedicated to financial innovation, returns in person after two years on the virtual stage. In its fifth year, the event will take place on June 14 and June 15 at the Georgia World Congress Center in downtown Atlanta. […]

doola Launches Banking Product for Global Businesses, Allowing Founders Worldwide to Launch an LLC, DAO LLC, or C Corp and Remotely Open a US Bank Account, All In One Go

doola launches banking product for global founders: doola helps global entrepreneurs start a US business with support including EIN, US address, bank account, and tax filings. New banking product supports founders on every continent, with no US SSN required, and no visit to the US required. US monthly business applications are over 400,000 per month […]

Synctera Expands Partnership With Mastercard

Mastercard will provide Synctera-powered FinTech innovators fast account verification SAN FRANCISCO–(BUSINESS WIRE)–Synctera, a leading FinTech banking provider helping innovators build their own FinTechs more efficiently, is expanding its partnership with Mastercard by integrating Mastercard’s open banking platform (provided by Mastercard’s wholly owned subsidiary, Finicity) to provide account verification solutions for Synctera-powered FinTechs. The addition of […]

Maternal Health Startup Mahmee Raises $9.2M Series A Led by Goldman Sachs Asset Management

Mahmee addresses disparities in maternal healthcare, significantly reducing premature births and Cesarean sections LOS ANGELES–(BUSINESS WIRE)–#digitalhealth—Mahmee, a maternal healthcare startup, today announced the closing of a $9.2 million Series A round led by the Growth Equity Business within Goldman Sachs Asset Management. The round also features participation from existing investors including Revolution’s Rise of the […]

Finovate Announces Additional Details of Next Week’s FinovateSpring 2022 Event

NEW YORK, May 12, 2022 (GLOBE NEWSWIRE) — via NetworkWire — More than 1,100 senior executives from financial institutions around the world are expected to be in attendance at the FinovateSpring 2022 conference on May 18-20 in San Francisco. Finovate’s first in-person, West Coast fintech event since 2019 will feature live product demos from 50-plus […]

Futuregrowth Asset Management Adopts Charles River® for Managing Fixed Income Strategies

LONDON–(BUSINESS WIRE)–#assetmanagement–Charles River Development, a State Street Company, today announced that Futuregrowth Asset Management (Pty) Ltd. (FGAM), a South African Asset Manager, has selected the Charles River Investment Management Solution (Charles River IMS) as their new front office investment system. Charles River IMS provides a unified platform for risk and portfolio management, trading and collateral […]

Cover Genius Appoints Gloria Basem as Chief People Officer

Experienced HR exec. to support rapid growth as the company more than doubles employee headcount Daniel Chavenson also joins as VP of Strategy and Corporate Development to accelerate strategic business opportunities NEW YORK, May 12, 2022 (GLOBE NEWSWIRE) — Cover Genius, the insurtech for embedded insurance, is pleased to announce the addition of Gloria Basem […]

DFCU Financial Announces Transaction With First Citrus Bank in Tampa, Florida

DEARBORN, Mich. & TAMPA, Fla., May 12, 2022 (GLOBE NEWSWIRE) — The Boards of Directors of DFCU Financial (“DFCU”) and First Citrus Bancorporation, Inc. (OTCPK: FCIT), the holding company for First Citrus Bank (collectively “FCB”), today announced the execution of a definitive agreement by which FCB will merge with DFCU in an all-cash transaction. Subject […]

Shield Partners with Intelligent Voice to Enhance Voice Surveillance Capabilities

With voice-based communication critical to remote work, Shield strengthens its ability to eliminate siloed electronic communication compliance through leading speech-to-text technology TEL AVIV, Israel, May 12, 2022 (GLOBE NEWSWIRE) — Shield (the Company), the world’s leading Workplace Intelligence platform for compliance teams, today announced it will be boosting its voice surveillance capabilities through a partnership […]

Simplify First Notice of Loss with Zelros’ New Guidewire Marketplace App

PARIS & SAN MATEO, Calif.–(BUSINESS WIRE)–$GWRE #ClaimCenter–Guidewire (NYSE: GWRE) and Zelros, an InsurTech offering a platform for personalized recommendations, announced that Zelros’ new Ready for Guidewire validated accelerator for ClaimCenter is now available to users in the Guidewire Marketplace. Insurance customers crave a fast, easy claims experience. According to J.D. Power’s 2021 Auto Claims Satisfaction […]

Clarus R+D Tax Credit Platform Unlocks Billions in New Tax Credits

Sophisticated Software Forever Alters the Way R&D Credits Are Claimed COLUMBUS, Ohio, May 12, 2022 (GLOBE NEWSWIRE) — The newest version of the Clarus R+D Tax Credit Platform has been released globally. Clarus R+D (https://clarusrd.com/), a fintech software company focused on accelerating the funding of innovation through technology, is announcing its game-changing platform to help […]

United Kingdom Prepaid Card and Digital Wallet Markets and Investment Opportunities Report 2022: Market is Expected to Increase from $43.91 Billion in 2022 to Reach $65.54 Billion by 2026

Dublin, May 12, 2022 (GLOBE NEWSWIRE) — The “United Kingdom Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend” report has been added to ResearchAndMarkets.com’s offering. The prepaid card market (value terms) in the United Kingdom increased at a CAGR of 8.7% during […]

Italy Prepaid Card and Digital Wallet Markets and Investment Opportunities Report 2022: Market is Forecast to Expand by Over $30 Billion by 2026

Dublin, May 12, 2022 (GLOBE NEWSWIRE) — The “Italy Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend” report has been added to ResearchAndMarkets.com’s offering. The prepaid card market (value terms) in Italy increased at a CAGR of 9.5% during 2017-2021. Over the […]

Sweden Prepaid Card and Digital Wallet Markets and Investment Opportunities Report 2022: Market is Forecast to Reach $7.86 Billion by 2026, from $5.36 Billion in 2022

Dublin, May 12, 2022 (GLOBE NEWSWIRE) — The “Sweden Prepaid Card and Digital Wallet Business and Investment Opportunities Databook – Market Size and Forecast, Consumer Attitude & Behaviour, Retail Spend” report has been added to ResearchAndMarkets.com’s offering. The prepaid card market (value terms) in Sweden increased at a CAGR of 9.5% during 2017-2021. Over the […]

IDEX Biometrics partners with Verisoft to accelerate biometric smart card adoption

Oslo, Norway – 12 May 2022 – IDEX Biometrics ASA announces collaboration with payment software provider Verisoft A.S. for commercialization of biometric payment solutions in EMEA and globally. Verisoft delivers end-to-end smart card issuance solutions, ranging from personalization software, digital payment solutions, card management and loyalty systems across 32 markets, and has delivered EMV solutions to […]

IDEX Biometrics ASA Releases Interim Report for the First Quarter of 2022

Oslo, Norway – 12 May 2022- IDEX Biometrics ASA, a leading provider of advanced fingerprint authentication solutions for payment cards and adjacent applications, today released financial results for the first quarter ending March 31, 2022. A webcast presentation will be held by Vince Graziani, Chief Executive Officer, at 09:00 CET. The webcast presentation can be […]

Airwallex and Onlineone’s New NetSuite Bank Feed Integration Simplifies Reconciliation of Business Expenses

MELBOURNE, Australia–(BUSINESS WIRE)–Building on its growing suite of accounting integrations, global fintech Airwallex announces a new bank feed integration with leading accounting software NetSuite, developed in partnership with Onlineone, a NetSuite Solution Partner. From today, Airwallex’s customers in Australia, Hong Kong, EMEA and the US will be able to automatically synchronise transactions in their NetSuite […]