Techwire


Nuvei to Acquire Simplex, a Payment Solution Provider to the Cryptocurrency Industry

(All amounts in U.S. dollars)  MONTREAL, May 06, 2021 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, today announced it has entered into a definitive agreement to acquire SimplexCC Ltd. (“Simplex”), a fintech startup providing the fiat infrastructure to the cryptocurrency industry, […]

Net 1 Reports Third Quarter 2021 Results

JOHANNESBURG, South Africa, May 06, 2021 (GLOBE NEWSWIRE) — Net 1 UEPS Technologies, Inc. (Nasdaq: UEPS; JSE: NT1) today released results for the third fiscal quarter ended March 31, 2021. Recent Developments: Net increase of approximately 27,000 EasyPay Everywhere (EPE) account holders; Non-cash increase of $10.8 million, before tax effect, in the fair value of […]

North Texas’ ZYYAH Bringing Home Management by App to PropTech and Insurtech

DALLAS–(BUSINESS WIRE)–#dallas–After completing another successful round of multi-million dollar funding, North Texas’ ZYYAH is preparing for the impending full launch of its app, currently in its limited beta release, pioneering a new frontier in complete digital home management. At its core, the company, founded by chief executive officer Bret Hatfield, a technologist; Kris Goggans, a […]

Servus Credit Union named one of Canada’s Best Managed Companies for 18th year

EDMONTON, Alberta, May 06, 2021 (GLOBE NEWSWIRE) — Servus Credit Union has once again been honoured with the prestigious Canada’s Best Managed Companies designation. This is Servus’s 18th consecutive year earning this designation and the 12th consecutive year achieving Platinum Club status. “Servus has had an incredible year and this achievement is further proof of […]

Ahead Financials Integrates FinHealthCheck to Help Customers Understand their Financial Health Needs

Research Shows Two-thirds of Americans are Financially Unhealthy OAKLAND, Calif.–(BUSINESS WIRE)–#finhealth–Today, Ahead Financials, a visionary fintech company at the forefront of defining and improving financial equity and inclusion, announced that the Financial Health Network’s FinHealthCheck insights and measurement platform has been integrated into Ahead’s digital banking platform. “Many Americans will feel the financial fallout of […]

Payments Solutions From Kyriba Achieve SAP® Certifications for Integration With SAP NetWeaver® and SAP S/4HANA®

Certifications Help Accelerate ERP Implementation and Reduce Risk with Access to 45,000 Payments Formats Out of the Box with AI-based Payments Fraud Protection for CFOs and IT Leaders Through Interoperability with SAP® Solutions SAN DIEGO–(BUSINESS WIRE)–Kyriba (“the Company”), a global leader of cloud-based finance and IT solutions, today announced its Kyriba Payment Network 20.10 for […]

ICE Mortgage Technology Millennial Tracker Finds Millennial Purchase Activity Increases, Even as Rates Rise

PLEASANTON, Calif.–(BUSINESS WIRE)–ICE Mortgage Technology™, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today shared that according to the ICE Mortgage Technology™ Millennial Tracker purchase activity among millennials increased in March, even as interest rates rose for the first time since October 2020. Purchase activity represented […]

Workiva Supports Reintroduction of the Financial Transparency Act in the U.S. House of Representatives

Bipartisan Bill Promises to Reduce Regulatory Burdens and Create Trusted Transparency in Federal Government Data AMES, Iowa–(BUSINESS WIRE)–$WK #ConnectedData—Workiva Inc. (NYSE:WK), today announced its support of the reintroduction of the Financial Transparency Act (FTA) (H.R. 2989) in the 117th U.S. Congress by Reps. Carolyn Maloney (D-NY) and Patrick McHenry (R-NC). The FTA proposes the establishment […]

QED Investors Announces $12 Million Fund for Seed and Pre-Seed Startups in Latin America

ALEXANDRIA, Va.–(BUSINESS WIRE)–QED Investors today announced it closed a $12 million network-driven fund to support seed and pre-seed fintech startups in Latin America. Named Fontes, the Latin word for fountains, the fund will expand QED’s reach across geographies, business models and teams. Commitments to Fontes come largely from QED’s deep network within Latin America – […]

FA Match Expands Executive and Recruiting Teams; Adds Service Offering for International Advisors

FA Match brings on Amy Rizzo and Michael Gardia, CFP as Managing Directors, Bonnie Noble as Director of Customer Success, and Alex Katsabanis as Vice President of Recruiting Amy Rizzo, Michael Gardia, Bonnie Noble, Alex Katsabanis Longmeadow, MA, May 06, 2021 (GLOBE NEWSWIRE) — FA Match, the industry’s only data-driven solution for advisor recruiting, today […]

Flywire and Discover Partner on Global Education Payments

Flywire adds Discover, Diners Club International and network alliance cards to its global payment network, providing new payment options for students and schools globally Simplifies the end-to-end payment experience for schools and international students Provides digital payment options in touchless era BOSTON, May 06, 2021 (GLOBE NEWSWIRE) — Flywire Corporation (Flywire) and Discover announced a […]

Axos Bank Business Interest Checking Named America’s Best Business Checking Account

After evaluating more than 260 small business checking and savings accounts, WalletHub’s editors say Axos’ Business Interest Checking comes out on top SAN DIEGO–(BUSINESS WIRE)–#axosforbiz–Axos Bank’s Business Interest Checking is America’s Best Business Checking Account Overall, editors of the personal finance website WalletHub said after evaluating more than 260 checking and savings accounts geared for […]

Q2 Releases Inaugural Environmental, Social and Corporate Governance (ESG) Report

Report highlights how Q2 has been fulfilling its mission and addressing ESG issues that matter to its business and stakeholders AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for banking and lending, today released its first Environmental, Social and Governance (ESG) report. The report highlights how the company is […]

Metromile Plans to Adopt Bitcoin to Offer Drivers More Choice

Digital insurance platform will be the first to accept insurance premiums and pay insured claims in cryptocurrency SAN FRANCISCO, May 06, 2021 (GLOBE NEWSWIRE) — Metromile, Inc. (NASDAQ: MILE, MILEW), a leading digital insurance platform and pay-per-mile auto insurer, today announced it will soon allow policyholders the option to pay for insurance and receive payment […]

Marqeta Partners With Afterpay For In-store Digital Card Offering in Australia and New Zealand

Marqeta’s innovative tokenization technology and modern card issuing platform will support Afterpay’s in-store digital card. MELBOURNE, Australia–(BUSINESS WIRE)–Marqeta, the global modern card issuing platform, announced today it has partnered with Afterpay to issue “virtual cards” as part of its in-store solution in the ANZ market. Afterpay has transformed the way people pay by giving shoppers […]

Truffle Capital & The Institut Pasteur Create SpikImm to Develop Monoclonal Antibodies as an Innovative Treatment For Covid-19

PARIS–(BUSINESS WIRE)–The new biotech start-up, SpikImm SAS, created by Truffle Capital, has recently signed an exclusive worldwide license agreement with the Institut Pasteur for the development of anti-SARS-CoV-2 (Covid-19) monoclonal antibodies for therapeutic and diagnostic use. Monoclonal antibody therapy is one of the most innovative ways currently available to treat Covid-19 patients and prevent severe […]

Former Head of Programs at Allianz Launches Stere

New digital ecosystem for insurance programs looking for capacity and digital enablement NEW YORK, May 05, 2021 (GLOBE NEWSWIRE) — Dogan Kaleli, former Allianz executive, and author of the 19,000-member-strong Future of Insurance newsletter on LinkedIn, is pleased to announce the launch of Stere, a digital ecosystem designed to tackle speed-to-market, capacity sourcing and other […]

ClearBank Boosts Transaction Screening Capabilities With RegTech Napier’s Advanced Screening Platform

LONDON–(BUSINESS WIRE)–Napier, the London-based provider of next-generation anti-financial crime compliance solutions, has announced that it will be providing ClearBank, the cloud-based clearing bank, with its advanced Transaction Screening system. As a purpose-built, technology-enabled clearing bank, ClearBank offers cloud-based banking services to financial service providers, FCA-regulated businesses and fintechs. Its new Transaction Screening system, built on […]

FINEOS Acquires Spraoi

Adding a More Enhanced Digital Experience and Machine Learning to The ONE Purpose Built, End-To-End SaaS Platform for Global Life, Accident and Health Insurers ATLANTA–(BUSINESS WIRE)–#DigitalTransformation—FINEOS Corporation (ASX:FCL), the global market leader in core systems for life, accident and health insurance, has entered into an agreement to acquire Spraoi, a leading provider of machine learning […]

StratiFi & Redtail Announce Integration Partnership

The integration will provide shared users access to StratiFi’s PRISM Rating™ technology via single sign-on through their Redtail credentials SAN FRANCISCO–(BUSINESS WIRE)–StratiFi, developer of award-winning PRISM Rating™ technology for RIAs, Investment Managers, and BDs, today announces a new partnership with Redtail Technology (“Redtail”), the leading CRM technology provider for financial advisors. The integration between the […]

Global Digital Banking Market Predicted to Garner a Revenue of $1610 Billion at a CAGR of 8.9% during the Forecast Period, 2019-2027 – Exclusive COVID-19 Impact Analysis [120 Pages] Report by Research Dive

Global digital banking market is expected to experience a remarkable growth in the upcoming years. Consumer bank sub-segment is expected to be the most lucrative. Digital payment sub-segment is predicted to be the most profitable. North America is predicted to dominate the market. New York, USA, May 05, 2021 (GLOBE NEWSWIRE) — According to a […]

Aliaswire CTO to Speak at NEACH Payments Conference

Demystifying What Conversational Payments Are BURLINGTON, Mass., May 05, 2021 (GLOBE NEWSWIRE) — Aliaswire CTO and co-founder Nirmal Kumar will be a featured speaker at the 2021 NEACH Payments Management Conference. The virtual event takes place May 10-11 and features a number of education and networking opportunities focused on faster payments, risk and fraud prevention, […]

Post Holdings Appoints Jennifer Kuperman and Thomas Erb to Board of Directors

ST. LOUIS, May 05, 2021 (GLOBE NEWSWIRE) — Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today announced that Jennifer Kuperman and Thomas Erb have been appointed to its Board of Directors (the “Board”), effective May 4, 2021. With the addition of Ms. Kuperman and Mr. Erb, the Board now consists of eleven […]

Flywire adds Gary Cunningham as Chief People Officer

Former Alphabet HR Leader brings over twenty years of experience to lead company’s global people and culture strategy BOSTON, May 05, 2021 (GLOBE NEWSWIRE) — Flywire Corporation (Flywire), a global payments enablement and software company, today announced the addition of Gary Cunningham as Chief People Officer, effective immediately. In the role, Cunningham will oversee the […]

Tipalti Expands ERP Integrations to Ensure All Fast-Growth Businesses Can Benefit From Automation Throughout the Entire Accounts Payables Cycle

B2B fintech solution now seamlessly integrates with any ERP system SAN MATEO, Calif.–(BUSINESS WIRE)–Tipalti, the leading global payables automation platform, has announced that it can now integrate with any Enterprise Resource Planning (ERP) system. Notable ERP integrations include Microsoft Dynamics 365 Business Central, Microsoft Dynamics NAV, Microsoft Dynamics GP, QuickBooks Desktop, Xero, Sage 50, Sage […]

Bitso Reaches Unicorn Status and Becomes One of the Most Valuable Fintechs in Latin America

Bitso raises a US$250 million Series C from an all-star group of investors including Tiger Global, Coatue, Paradigm, BOND, Valor Capital Group, QED, Pantera Capital, and Kaszek With a US$2.2 billion valuation, Bitso becomes one of the most valuable Fintech companies and the most valuable Crypto Platform in the region Funds will be used to […]

Bitcoin in Your Bank Account? FIS, NYDIG Partner to Enable Banks to Offer Their Customers the Ability to Buy, Sell and Hold Bitcoin

Key facts Industry-first solution for FIS’ core banking clients enables them to offer their customers the ability to buy, sell and hold bitcoin. FIS’ Digital One™ Mobile will provide a user-friendly interface connecting consumers seamlessly in-app with bitcoin trading services. NYDIG will provide a secure, regulated custodial and trading platform for bitcoin transactions. JACKSONVILLE, Fla.–(BUSINESS […]

nCino Makes Commitment to Wilmington Youth Sports

The City of Wilmington and nCino ink long term sponsorship deal to help transform and support the new nCino Sports Park WILMINGTON, N.C., May 05, 2021 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced a long-term sponsorship with The […]

Paiblock Introduces Fully-revamped Digital Assistant to Help Consumers Make Smart Financial Decisions.

COPENHAGEN, Denmark–(BUSINESS WIRE)–#AI–Paiblock, a Global FinTech company today announced that it has launched a fully-revamped personal assistant to help consumers make smarter decisions about saving, spending, borrowing and investing. “Paiblock’s digital assistant is designed to help consumers make good financial decisions.” says Mark Arthur, Founder and CEO of Paiblock. “Keeping a tight leash on spending […]

HUBUC partners with ComplyAdvantage to enhance its compliance capabilities

 Embedded finance provider HUBUC bolsters its compliance capabilities by partnering with ComplyAdvantage to benefit from its global, fast and up-to-date screening of entities and transactions. Compliance is a key part of HUBUC’s platform offering – saving its business clients the cost and time associated with managing in-house. The partnership will provide compliance and security functions, […]

INTERIM FINANCIAL REPORT JANUARY – MARCH 2021 

ENLARGEMENT OF OUR PAYMENT STRATEGY FIRST QUARTER 2021 Net sales totalled MSEK 11.5 (14.4), a change of MSEK -2.9 / -20 % EBITDA was MSEK -1.4 (-4.3), a change of MSEK +2.8 / +66 % Operating profit/loss was MSEK -3.0 (-6.2), a change of MSEK +3.2 / +52 % Profit/loss after tax was MSEK -3.1 […]

Workato Commits Further Investment in EMEA After 289% Surge in Usage Over Last 12 Months in the Region

The enterprise automation platform launches new GDPR-compliant data centre in Frankfurt in response to soaring demand for its platform from businesses in EMEA BARCELONA, Spain–(BUSINESS WIRE)–#GDPR—Workato, the leading enterprise automation platform, has today launched its first EMEA data centre in Frankfurt, Germany. The new data centre has been set up in response to exceptionally strong […]

Zafin Welcomes Michelle Tredenick As Newest Board Member to Further Expansion in the APAC Region

Ms. Tredenick brings more than 25 years of comprehensive financial services and leadership experience to the board of directors to ensure customer and company success SYDNEY, Australia, May 05, 2021 (GLOBE NEWSWIRE) — Zafin, the world’s leading SaaS cloud-native product and pricing platform for the next generation of financial services providers, today announces the appointment […]

Anti-Money Laundering Startup First AML Launches Australian Operations

SYDNEY–(BUSINESS WIRE)–#Australia–Anti-money laundering tech startup First AML has launched in Australia after experiencing increased demand from the nation’s growing VC community for solutions that help them manage compliance requirements. The second tranche of AML legislation is expected to hit Australia within the next two years, but First AML is already gaining traction in the market, […]

National Bank Holdings Corporation Announces Increase to Quarterly Dividend

DENVER, May 04, 2021 (GLOBE NEWSWIRE) — National Bank Holdings Corporation (NYSE: NBHC) announced today that its Board of Directors approved a cash dividend to shareholders. The quarterly cash dividend of twenty-two cents ($0.22) per share of common stock will be payable on June 15, 2021 to shareholders of record at the close of business […]

WallStreetBets Launches Blockchain-powered Application to Decentralize Indices

 Grassroots movement is creating exchange-traded portfolios (ETPs) for maximizing access and rooting out corruption NEW YORK–(BUSINESS WIRE)–WallStreetBets, the iconic grassroots movement that gained international prominence by bringing powerful hedge funds to their knees, announced today plans for using blockchain technology in a product aimed at combating market manipulation in traditional finance. The step towards blockchain-based […]

LoanSnap Secures $30 Million in Series B Financing

Smart Loan Provider Saved Borrowers $35 Million Last Year; Adds New CFO SAN FRANCISCO, May 04, 2021 (GLOBE NEWSWIRE) — LoanSnap, the company that helps consumers own their financial future and creator of the world’s first smart loan, announced today it has raised a $30 million Series B investment round led by True Ventures True […]

The Bancorp, Inc. Selected to Join The S&P SmallCap 600® Index

WILMINGTON, Del.–(BUSINESS WIRE)–The Bancorp, Inc. (“The Bancorp”) (Nasdaq: TBBK) today announced that it will be added to the S&P SmallCap 600 Index, effective May 7, 2021. The S&P SmallCap 600 measures the small-cap segment of the U.S. equity market and consists of 600 domestic stocks selected by Standard & Poor’s Index Committee based on several […]

Transact Introduces New CampusPay for Cashiering

Secure Solution Makes Transact a One-Stop-Shop for Taking and Processing Any Campus Payment PHOENIX–(BUSINESS WIRE)–#edtech—Transact, the leader in innovative payment solutions for a connected campus, today announced the launch of its new Transact CampusPay for Cashiering service that enables higher education institutions to securely process online and in-person payments with PCI validated processes and Point-to-Point […]