Techwire


Kaleidoscope Named Finalist in Education Category of Fast Company’s 2022 World Changing Ideas Awards

From a 3D printed vaccine patch to an electric truck, a seawater-powered lamp, and countless other bold innovations, the sixth annual awards honor the products, concepts, companies, policies, and designs that are driving change, tackling issues from climate change to inequality, and so much more MINNEAPOLIS, May 03, 2022 (GLOBE NEWSWIRE) — The winners of […]

Financial Services Leaders Plot the Road Ahead at 10th Annual Hearsay Summit

MassMutual, Morgan Stanley, Natixis, others earn 2022 Innovator Awards SAN FRANCISCO–(BUSINESS WIRE)–#Digitalclientengagement—Hearsay Systems, the trusted global leader in digital client engagement for the financial services industry, today announced that it held its 10th annual Hearsay Summit on April 26. The event brought together the top leaders in financial services technology for valuable keynotes, breakout sessions, […]

Everspan Partners With TheGuarantors to Improve Rental Accessibility and Affordability

NEW YORK–(BUSINESS WIRE)–Everspan Group, Rated A- (Excellent) by AM Best, today announced it has launched a program partnership with TheGuarantors, a fintech company providing innovative insurance products and financial solutions for renters and landlords. Everspan, a specialty program property and casualty insurer, will support TheGuarantors’ flagship Lease Guarantee and Security Deposit Replacement products. Lease Guarantee […]

Brace Mortgage Servicing Pulse: Origination Layoffs Will Lead to Servicing Scale-Up

Team onboarding, compliance and digitization present major headwinds LOS ANGELES–(BUSINESS WIRE)–Top mortgage originators continue to announce steep staffing cuts in response to sliding volumes. The step-change decline in mortgage jobs comes after lenders spent much of 2020 and 2021 staffing up. The post-pandemic effects of inflation, rising interest rates, low housing inventory and abnormally high […]

XTM Signs With Massachusetts Restaurant Association

XTM Will Offer the MRA’s Members Value-Added Benefits Including EWA, Financial Wellness & Savings Accounts MIAMI & TORONTO–(BUSINESS WIRE)–XTM, Inc. (“XTM” or the “Company”) (QB: XTMIF / CSE:PAID / FSE:7XT), a Miami and Toronto-based Fintech company in the neo-banking space, providing mobile banking and payment solutions around the world, is pleased to announce that it […]

Toast Helps Hotels Streamline Food and Beverage Operations, Increase Revenue and Deliver Great Hospitality

With Toast for Hotel Restaurants, employees can be more productive and guests can get a better order and pay experience BOSTON–(BUSINESS WIRE)–Toast (NYSE: TOST), the all-in-one digital platform built for restaurants, today announced Toast for Hotel Restaurants, a new solution designed to meet the unique needs of hotel restaurant operators. Through robust integrations with leading […]

LendKey Reports Record Revenue Growth

Company achieves new loan origination milestones in its home improvement and student refinance loan businesses NEW YORK–(BUSINESS WIRE)–LendKey, the networked lending platform designed to deliver capital and liquidity management, today announced record revenue growth in March 2022, surpassing the previous highwater mark set in 2018. The company also revealed significant year over year growth with […]

Quantalytix Promotes Ryan Bui to Chief Technology Officer

Former director to engineering to lead fintech new product development/enhancements BIRMINGHAM, Ala.–(BUSINESS WIRE)–Quantalytix, the provider of cloud-based Enterprise Bank Management (EBM) software for community financial institutions, today announced that it has named Ryan Bui chief technology officer. Bui joined the Quantalytix team about two years ago as a software developer and most recently held the […]

iink Payments Closes on $6 MM Debt Facility With Accordion Up to $100 MM to Provide Short-Term Advances on Insurance Claim Funds

Better Payments. Faster Restoration. iink Payments iink Payments TAMPA, Fla., May 03, 2022 (GLOBE NEWSWIRE) — iink Payments, a digital payments network that expedites the disbursement of funds associated with multi-party property insurance claims, announced it has closed on a $6 million debt facility with accordion up to $100 million in partnership with a Los […]

Friendly Hills Bancorp Reports Financial Results for the First Quarter of 2022

WHITTIER, Calif., May 03, 2022 (GLOBE NEWSWIRE) — Friendly Hills Bancorp (the “Company”) (OTC Pink: FHLB), the holding company for Friendly Hills Bank (the “Bank”) today reported consolidated results for the first quarter of 2022. The comparability of consolidated financial information for the first quarter of 2022 to the same period of 2021 is affected […]

Look Local First This National Small Business Week

VizyPay’s unique initiative motivates shoppers to support community businesses nationwide WAUKEE, Iowa, May 03, 2022 (GLOBE NEWSWIRE) — VizyPay, the industry-leading payment processing company behind the Look Local First movement, encourages consumers to support entrepreneurs this National Small Business Week (NSBW) by patronizing small businesses in their area. Taking place May 1 to May 7, […]

Financial Solutions Lab Announces 2022 Accelerator Cohort Focused on Access and Removing Systemic Barriers to Financial Benefits & Tools for Underserved Consumers

Selected companies focus on streamlining low- to moderate-income, Black, and Latinx individuals’ navigation and use of benefits and tools in support of better financial health Chicago, IL, May 03, 2022 (GLOBE NEWSWIRE) — The Financial Solutions Lab, an initiative launched and managed by the Financial Health Network in collaboration with founding partner JPMorgan Chase & […]

Decipher Credit and First Corporate Solutions Announce Integration Partnership

The integration partnership between Decipher Credit and First Corporate Solutions will provide shared users with access to increased due diligence automation and faster approval in commercial lending. Decipher Credit Decipher Credit BETHESDA, Md., May 03, 2022 (GLOBE NEWSWIRE) — Decipher Credit, the leading automation platform for specialty commercial lenders, announced its integration partnership with First […]

Biz2Credit Identifies San Jose as The Top City for Small Business for the Second Consecutive Year

NEW YORK, May 03, 2022 (GLOBE NEWSWIRE) — Biz2Credit has identified San Jose as the “Best Small Business City in America,” based on average annual revenues in 2021, credit scores, age of business, and Biz2Credit’s proprietary BizAnalyzer score. BizAnalyzer factors in the local business climate, including rents, labor costs, and local tax rates. Biz2Credit examined […]

Six Key Payments Trends for 2022: Mobile Payments, Online Payments, Alternative Payment Systems, Fraud, Regulation and ESG

Dublin, May 03, 2022 (GLOBE NEWSWIRE) — The “Six Key Payments Trends for 2022” report has been added to ResearchAndMarkets.com’s offering. This report explores six of the most important trends in the payments market in 2022: mobile payments, online payments, alternative payment systems, fraud, regulation, and ESG. Each of these trends is analyzed using proprietary […]

Storm Games to Hold Airdrop for ‘Four Gods on WEMIX’

SEONGNAM, South Korea–(BUSINESS WIRE)–#Airdrop–Storm Games (CEO: Jung Man-su) announced on the 3rd that it will hold an airdrop as a pre-event before the launch of Four Gods on WEMIX. Four Gods on WEMIX is a blockchain-based Play and Earn (P&E) game that implements a fantasy world of a vast scale set against the backdrop of […]

Blackboxstocks Announces Release of Native Mobile App for iOS and Android Devices

The Long-Awaited App Provides New Marketing Channels in Apple and Google Play Stores DALLAS–(BUSINESS WIRE)–Blackboxstocks, Inc. (NASDAQ: BLBX) (“Blackbox”), a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders of all levels, today announced that it has completed the development of its mobile application of the Blackbox platform […]

Orion Infuses Behavioral Finance Into Its Financial Planning Technology

Orion Planning Now Includes Protect, Live, Dream: A Proven Behavioral Finance Approach to Financial Planning OMAHA, Neb.–(BUSINESS WIRE)–To enrich the financial lives of investors, Orion Advisor Solutions, a leading provider of transformative wealthtech solutions for fiduciary advisors, combines its best-in-class advisor technology with behavioral finance to bring goals-based investing to Orion Planning. Orion’s goals-based investing […]

Fiserv and The Clearing House Expand Access to Real-Time Payments

Thousands of Fiserv financial institution clients will be able to connect easily to The Clearing House RTP® network to enable real-time consumer and business payments BROOKFIELD, Wis.–(BUSINESS WIRE)–Thousands of financial institutions will be able to simplify and accelerate the enablement of real-time payments for consumers and businesses as the result of a collaboration between The […]

Blackboxstocks Announces Integration with E*TRADE Allowing Users to Trade Seamlessly Through the Blackbox Platform

New Options Trading Software Integration and Combined Marketing Partnership Provides Blackbox Exposure to E*TRADE’s over 5 million Users DALLAS–(BUSINESS WIRE)–Blackboxstocks, Inc. (NASDAQ: BLBX) (“Blackbox”), a financial technology and social media hybrid platform offering real-time proprietary analytics for stock and options traders of all levels, today announced that it has completed its platform integration with E*TRADE […]

QED Investors Hires Victoria Zuo to Help Scale Early Stage Team

Zuo brings eclectic background from Gradient Ventures, Qatalyst Partners ALEXANDRIA, Va.–(BUSINESS WIRE)–QED Investors, a leading global venture capital firm focused on investing in disruptive financial services companies, today announced the hire of Victoria Zuo. Victoria joins QED as a principal based in San Francisco where she will have a focus on investments in early stage […]

Equifax® Canada Launches Final Stage of Cloud Transformation with Borrowell

Canada’s largest consumer credit bureau maximizes benefits of Equifax Cloud to provide consumers with faster, even more efficient experiences when applying for credit TORONTO, May 02, 2022 (GLOBE NEWSWIRE) — Equifax Canada officially launched the final stage of its cloud transformation with the migration of key partner Borrowell Inc.’s products and services to the new […]

In Vehicles Payment Market Value to Grow by Almost US$ 12.6 Bn during 2022-2032

Companies Profiled In In Vehicles Payment Market are BMW AG,Daimler AG,Ford Motor Co.,General Motors Co.,Honda Motor Co. Ltd. NEWARK, Del, May 02, 2022 (GLOBE NEWSWIRE) — With an estimated CAGR of 11.6% during the projected period, the in-vehicle payments market share is expected to reach US$ 12.6 billion by 2032, finds a recent report published […]

Concerto Launches Platform to Reimagine Credit Card Programs; Receives $21 Million From Matrix Partners, PayPal Ventures and GoldenTree Asset Management

GoldenTree and Concerto form joint venture to fund $2 billion+ in credit card receivables Concerto introduces groundbreaking loyalty programs for professional baseball teams, including the Texas Rangers, Los Angeles Angels, Baltimore Orioles and Cincinnati Reds AUSTIN, Texas–(BUSINESS WIRE)–#BaltimoreOrioles—Concerto, a new company created to power credit card partnerships that enhance the user and product experience for […]

Cross River and Bridgeton Capital Partner for Tech-Driven Commercial Real Estate Lending Platform

Closed-loop lending program will modernize Commercial Real Estate industry FORT LEE, N.J.–(BUSINESS WIRE)–Cross River Bank (Cross River), a technology infrastructure provider that offers embedded financial solutions, today announced that its Commercial Real Estate (CRE) team has partnered with Erithmitic d/b/a Bridgeton Capital, a tech-enabled and data driven commercial real estate lending platform, for an end-to-end […]

Q2 Modernizes Commercial Banking with Q2 Catalyst

Q2 enhances the commercial banking journey with a broad portfolio of digital solutions to enable financial institutions to transform their business client experience AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE:QTWO), a leading provider of digital transformation solutions for banking and lending, today announced the introduction of Q2 Catalyst, a broad suite of commercial banking solutions designed […]

Principal® Launches Fintech-Enabled Portfolios for Advisors With 37 New Model Portfolios

DES MOINES, Iowa–(BUSINESS WIRE)–Principal Global Investors® today announced an expanded model portfolios product offering featuring 37 new portfolios and a fintech-enabled portfolios solution to help advisors increase client customization, scale, and efficiency. “Advisors want solutions that are simple to adopt, easy to manage, and deliver results for their clients and businesses,” said Jill Brown, managing […]

New Reporting Enhancements in Quantivate’s GRC Insights Engine Provide Financial Institutions With Enhanced Report Building Capability

GRC Insights engine makes it easy for financial institutions to visually communicate GRC data and generate actionable reports GRC Insights by Quantivate GRC Insights by Quantivate SEATTLE, May 02, 2022 (GLOBE NEWSWIRE) — Quantivate, a leader in governance, risk, and compliance (GRC) software, today announced enhancements to its Governance, Risk and Compliance Insights engine that […]

Akoya Is the First Third-Party Service Provider for Tokenized Payments

Tokenizing bank account information eliminates the need for consumer account numbers to be shared or stored when used for payments – a significant step forward in ensuring privacy and security. BOSTON–(BUSINESS WIRE)–#akoya–Akoya is the first third-party service provider to provide access to the Secure Token Exchange (STE), a new optional capability from The Clearing House […]

MDT Recognized by NACUSO as 2022 CUSO of the Year

CUSO awarded for providing substantial value to credit unions and their members FARMINGTON HILLS, Mich.–(BUSINESS WIRE)–Member Driven Technologies (MDT), a CUSO that hosts the Episys® core processing system from Symitar® to provide a private cloud alternative for core processing and IT needs, has been named by NACUSO as the 2022 CUSO of the Year. Winners […]

Drawbridge Rebrands to Highlight its Evolution and Commitment to Client Centricity and Innovation

New brand reflects Drawbridge’s position as the cybersecurity authority for financial services firms NEW YORK & PALM BEACH GARDENS, Fla. & LONDON–(BUSINESS WIRE)–Drawbridge, a premier provider of cybersecurity software and solutions to the alternative investment industry, today unveiled its new corporate brand identity reflecting the company’s evolution into a modern technology partner for more than […]

Ownwell Closes $5.75M Seed Funding Round to Make Property Ownership Costs More Equitable

First Round Capital led the round; additional investors include Wonder Ventures, Founder Collective, Long Journey Ventures and former PayPal board member Scott Banister Previously known as realAppeal, Ownwell combines local expert knowledge with machine learning to create the most technologically advanced tax protest firm Customer base has grown by 40x in the last nine months; […]

FinovateSpring Returns to San Francisco with Live Showcase Conference Featuring Disruptive Fintech Solutions

NEW YORK, May 02, 2022 (GLOBE NEWSWIRE) — via NetworkWire — Informa Connect’s FinovateSpring returns to the Hilton San Francisco Union Square Hotel on May 18-20 for its first in-person, West Coast fintech conference since 2019. More than 1,100 senior executives will hear from over 100 speakers and see live product demos from more than […]

BitNile Holdings Issues April Bitcoin Production and Mining Operation Report

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 mentioned in this press release represent the S19j Pro Antminers at the Michigan data center. BitNile’s Bitcoin mining production […]

First Fed Gives $2M to Field Hall to Support Economic Development in Downtown Port Angeles

First Fed Gives $2M to Field Hall to Support Economic Development in Downtown Port Angeles First Fed Gives $2M to Field Hall to Support Economic Development in Downtown Port Angeles PORT ANGELES, Wash., May 02, 2022 (GLOBE NEWSWIRE) — First Fed Bank, subsidiary of First Northwest Bancorp (FNWB), pledged $2 million to Field Arts & […]

Better Agency Raises $8 Million in Series A Financing

The Industry’s First Agency Success Platform is set to transform legacy insurance technology. Better Agency Better Agency PHOENIX, May 02, 2022 (GLOBE NEWSWIRE) — Better Agency, the agency success platform for insurance agents, announced today that they raised $8m in a Series A round, led by Teamworthy Ventures. There was additional participation from  ManchesterStory Group. Better Agency’s […]

Sazmining Announces the Addition of Seven Key Advisors, All Leading Experts in Renewable Energy, Bitcoin and Fintech

The Bitcoin mining platform recorded an impressive 220% growth increase post-launch, and counts $1.7M + in reservation commitments Bethesda, MD, May 02, 2022 (GLOBE NEWSWIRE) — Sazmining, the world’s first Bitcoin mining platform created exclusively for retail customers and powered by clean energy, today announced its key advisory slate, seven leading experts in renewable energy, […]

Megan Pelletier Appointed Executive Vice President & Chief People Officer

ASHEVILLE, N.C., May 02, 2022 (GLOBE NEWSWIRE) — The board of directors of HomeTrust Bancshares, Inc. (NASDAQ: HTBI) (“Company”), the holding company of HomeTrust Bank (“Bank” or “HTB”), today announced that Megan Pelletier assumed the position of Executive Vice President and Chief People Officer (CPO) of both the Company and the Bank effective May 2, […]

Worldwide Payment Gateways Industry to 2027 – Featuring Worldpay Group, Wirecard, Adyen, Allied Wallet and PayPal

Global Payment Gateways Market Global Payment Gateways Market Dublin, May 02, 2022 (GLOBE NEWSWIRE) — The “Payment Gateways Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering. The global payment gateways market reached a value of US$ 21.5 billion in 2021. Looking forward, the market is […]

Changes to expand CDIC deposit protection now in effect

OTTAWA, May 02, 2022 (GLOBE NEWSWIRE) — The Canada Deposit Insurance Corporation (CDIC) is ushering in the second phase of changes to further expand and strengthen deposit protection. The following changes are in effect as of April 30, 2022: Separate coverage for up to $100,000 in eligible deposits held in Registered Education Savings Plans (RESPs) Separate coverage […]