Techwire


Alibaba Hong Kong Entrepreneurs Fund Launches JUMPSTARTER 2021 Global Pitch Competition

World’s largest online startup contest supercharges innovative thinking HONG KONG–(BUSINESS WIRE)–Alibaba Hong Kong Entrepreneurs Fund today kicked off JUMPSTARTER 2021 Global Pitch Competition (JUMPSTARTER 2021), its annual signature startup event, with an online focus to ensure safe participation for all contestants during the COVID-19 pandemic. JUMPSTARTER 2021 is on track to become the world’s largest […]

ACI Worldwide and Arvato Financial Solutions Partner to Combat eCommerce Fraud

ACI to offer Arvato Financial Solutions’ best-in-class Manual Order Review service to all merchants globally to optimize fraud management performance Solution is platform-agnostic and integrates seamlessly with ACI’s multi-layered fraud management platform NAPLES, Fla. & LONDON–(BUSINESS WIRE)–#ACI—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced a strategic […]

Ozow – Paving the Way for Open Banking in Africa

Adding over 100,000 new users a month in South Africa and Namibia alone, Ozow is now taking steps to bring its payments platform to the rest of Africa and the world. JOHANNESBURG, South Africa–(BUSINESS WIRE)–#Africa–“In a constantly changing global economy, traditionally dominated by large banks since 1472, (something which is unlikely to change in the […]

First Savings Financial Group, Inc. Reports Financial Results for the Third Fiscal Quarter Ended June 30, 2020

JEFFERSONVILLE, Ind., July 27, 2020 (GLOBE NEWSWIRE) — First Savings Financial Group, Inc. (NASDAQ: FSFG – news) (the “Company”), the holding company for First Savings Bank (the “Bank”), today reported net income of $15.4 million, or $6.51 per diluted share, for the quarter ended June 30, 2020 compared to net income of $4.4 million, or […]

Dunamu: Mobile Trades for Stockplus Doubles in 1st Half of 2020

SEOUL, South Korea–(BUSINESS WIRE)–#Blockchain—Dunamu (CEO Sirgoo Lee) today announced that mobile trades for Stockplus, the company’s social stock trading platform, more than doubled in the 1st half of 2020, increasing by 117.5% compared to the same period last year. The total trading volume for Stockplus surpassed KRW 100 trillion (approx. USD 83.2 billion) in July […]

Gold Payment App CORO Publicly Launches on Historic Day Gold Reaches 228-Year High against the U.S. Dollar

MIAMI–(BUSINESS WIRE)–Miami-based fintech Coro Global Inc. (OTCQB: CGLO) today announced the official public launch of CORO, a gold payment app where users can buy, exchange and transfer gold as money, on the same day that the market price of gold reached an all-time high. Gold soared past $1,921.17 per ounce today, confirming its incredible resilience […]

Mogo Announces the Launch of MogoSpend

The only spending account in Canada that helps consumers save money and the planet through better spending control & automatic carbon offsetting VANCOUVER, British Columbia–(BUSINESS WIRE)–Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) (“Mogo”), one of Canada’s leading financial technology companies, today announced the full launch of its new digital spending account (“MogoSpend”) that comes with a Mogo Visa* […]

Dorsey Represents Dunstan Thomas Group Limited in Sale to Curtis Banks Group PLC

LONDON–(BUSINESS WIRE)–Dorsey & Whitney’s London Corporate team represented the shareholders of Dunstan Thomas Group (DTG), a leading fintech provider delivering technology and market leading business solutions, for wealth managers, platforms and providers, on the sale of DTG to London Stock Exchange listed, Curtis Banks Group PLC (CB). The share purchase agreement was exchanged in the […]

ExtraHop Named Innovative Security Solution for Financial Institutions

Annual List Recognizes Standout Companies in Threat Management, Data Governance and Cloud Security SEATTLE–(BUSINESS WIRE)–#Award–ExtraHop, the leader in cloud-native network detection and response, today announced that FinTech Global named ExtraHop to its annual CyberTech100 list, which highlights the top solution providers that are shaping the future of information security. More than 1,000 companies were evaluated […]

Chartis Names FIS as Category Leader for Insurance Risk Solutions

Key facts FIS has been rated by Chartis as a category leader among vendors that provide insurance risk solutions for IFRS 17 and LDTI compliance. FIS ranked best-in-class for completeness of offering and market potential. JACKSONVILLE, Fla.–(BUSINESS WIRE)–Financial technology leader FIS® (NYSE: FIS) has been named a category leader by leading industry research firm Chartis […]

AM Best: Pandemic Deals a Wild Card to U.S. Personal Automobile Insurers (AM BestTV)

OLDWICK, N.J.–(BUSINESS WIRE)–In this episode of AMBestTV, David Blades, associate director, and Maxwell Gilberg, associate analyst, both of AM Best, said U.S. automobile insurers experienced improved underwriting results in recent years and have reacted quickly to dramatic swings in driving patterns caused by pandemic-related shutdowns. Click on http://www.ambest.com/v.asp?v=ambpersonalauto720 to view the entire program “In 2018 […]

Mutual of Omaha Offers EAP Customers Financial Wellness Resources Through iGrad™ Enrich

OMAHA, Neb.–(BUSINESS WIRE)–With more than 50 percent of employees saying they worry about their personal finances while at work*, financial stress can be a distraction leading to loss of productivity. Understandably, that’s a concern for employers. Mutual of Omaha is now offering resources for employers who want to help their employees improve their financial wellness. […]

Discover Makes Permanent Changes to Travel Card That Provide More Ways to Earn Rewards

Restaurants and gas stations added as redemption categories for Discover it® Miles cardmembers RIVERWOODS, Ill.–(BUSINESS WIRE)–As COVID-19 reshapes what travel looks like now and in the future, Discover today announced a permanent change to its travel credit card that offers cardmembers more flexibility, value and ways to redeem rewards. Discover it® Miles cardmembers can redeem […]

European Fintech myPOS Introduces Metal Card for SMEs

LONDON–(BUSINESS WIRE)–#myPOS–The European company, myPOS, specialised in offering affordable payments technology to SMEs, has launched a new series of premium cards for its customers: the myPOS Visa Platinum Metal Card and myPOS Visa Platinum Silver & Gold Card. The offering includes a range of benefits such as a LoungeKey pass to over 1000 airport business […]

Open Lending Partners with Kasasa to Launch Take-Back™ Feature for Auto Loans

AUSTIN, Texas–(BUSINESS WIRE)–#autoloan—Kasasa®, an award-winning financial technology and marketing provider, has partnered with Open Lending (NASDAQ: LPRO), a leading provider of lending enablement and risk analytics solutions to financial institutions, to bring a higher level of assurance and reduced risk to the lending process. Together, Kasasa and Open Lending will provide community financial institutions the […]

Orange Bank Africa Goes Live with Temenos SaaS

With Temenos technology, Orange Bank Africa provides innovative digital banking services in West Africa Temenos Transact, delivered as SaaS, powers Orange Bank Africa’s launch in the West African Economic and Monetary Union (WAEMU) region and supports financial inclusion Temenos’ elastic SaaS technology will help Orange Bank Africa scale to meet the surge in digital banking […]

Options Announce Expansion to South America with Introduction of Bolsa Balcão S.A in Brazil

NEW YORK & LONDON–(BUSINESS WIRE)–#colocation–Options, the leading provider of cloud-enabled managed services to the global capital markets, today announced successful connectivity to production trading and test services B3 – Brasil Bolsa Balcão in São Paulo, Brazil. Options’ clients can now access and trade Commodity Derivatives, Derivatives, Equities and Indices products at this top tier exchange […]

Gilmore Homes – Gilmore Loans, LLC Becomes the Second African American SEC Qualified Regulation A+ Tier II, Plans for $190,000,000 50-Story, Mixed-Use Tower Featuring Apartments, Condos, Offices, Retail Stores, and a Hotel

ATLANTA–(BUSINESS WIRE)–Real estate entrepreneur Michael Gilmore recently made history through his proptech, fintech, and consumertech company as only the second African American-owned business to qualify as a Regulation A+ Tier II, pre-IPO real estate crowdfund. Gilmore Homes – Gilmore Loans, LLC is now selling $50,000,000 in securities through its escrow and transfer agent, Securities Transfer […]

Live Oak Bancshares, Inc. Reports Second Quarter 2020 Results

WILMINGTON, N.C., July 22, 2020 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (Nasdaq: LOB) (“Live Oak” or the “Company”) today reported second quarter 2020 net income of $3.8 million, or $0.09 per diluted share, compared to net income of $4.9 million, or $0.12 per diluted share, for the second quarter of 2019.  The second quarter […]

Zywave Introduces Exclusive, End-to-End Employee Benefits Quoting & Proposal Solution

Zywave CPQ delivers a complete, integrated platform for quoting, renewing and managing employee benefit plans MILWAUKEE, July 22, 2020 (GLOBE NEWSWIRE) — Leading insurance tech provider, Zywave, today announced the launch of Zywave CPQ, the industry’s only end-to-end, integrated quoting and proposal solution for employee benefits brokers. The new offering, included in the business suite […]

HMBradley Debuts Credit Card That Offers Up to 3% Cashback with Rewards That Adjust to Your Spending Habits

Company launches feature-rich mobile app to make digital banking easier than ever before SANTA MONICA, Calif.–(BUSINESS WIRE)–HMBradley, the digital banking platform built to reward savers, today announced that its new HMBradley rewards credit card has arrived, offering consumers 3% cashback for purchases in their highest spending category, 2% for the next highest category, and 1% […]

Dragonchain Spins-Off Decentralized Identity Solutions and Services

BELLEVUE, Wash.–(BUSINESS WIRE)–Today Dragonchain announced the spin-off of Dragon Factor technology to a new entity, MyFii, to launch a new and improved decentralized identity solution called Factor™. The groundbreaking decentralized identity technology initially developed by Dragonchain has been operational for over two years and has seen recent customer adoption with healthcare, fintech, and social media. […]

tZERO Partners with Aspen Digital Inc. to Enable the Trading of the St. Regis Aspen Digital Security

NEW YORK–(BUSINESS WIRE)–tZERO, a leader in financial innovation and liquidity for private companies, announced today that it has entered into a partnership with Aspen Digital Inc. to enable its digital security (ASPEN) to trade on the tZERO ATS. The ASPEN shares represent $18 million of indirect ownership in the St. Regis Aspen Resort, a five-star, […]

BCS Introduces Purpose-Built, Critical Infrastructure, Managed Maintenance Service

BCS CriticalCare™ Is Mobile Adaptation of BCS’s Leading Data Center Operations Model DALLAS–(BUSINESS WIRE)–#criticalfacilities–BCS, one of the nation’s fastest growing data center operations providers, is announcing the introduction of BCS CriticalCare™ in response to growing demand for a mobile version of the company’s current 24/7 onsite data center facility management solutions. CriticalCare leverages core elements […]

eMaxx Recognizes MacFarlane Energy as 100th Member of the eCaptiv Programs

PEABODY, Mass.–(BUSINESS WIRE)–eMaxx today announced that the eCaptiv programs surpassed the 100th Member mark and recognized MacFarlane Energy as the 100th Member. MacFarlane Energy, a Greater Boston, Massachusetts based company, specializes in providing home heating oil delivery, energy efficient system design and installation along with air conditioning and heating equipment services. “We are glad to […]

Emerging Market Media Implements Text-To-Speech Audio Articles

NEW YORK, LONDON, & PARIS–(BUSINESS WIRE)–#fintech–Emerging Market Media (EMM) today announced it has fully implemented Audio Articles by speechkit.io on its flagship editorial product, Emerging Market Views. London-based speechkit.io has worked with EMM to customize and formally integrate Audio Articles. The result is crystal clear, like-human audio that now accompanies all editorial items–news, analysis, and […]

Hippo Strengthens Position as Insurtech Leader in Home Insurance

Company Closes $150 Million Series E Funding Round, Bringing Total Raised to $359 Million PALO ALTO, Calif.–(BUSINESS WIRE)–#fundingnews—Hippo, the high-growth insurtech group that’s transforming home insurance, has proven that a deep focus on customer experience can transform an industry and drive growth. Hippo Enterprises closed $150 million in Series E funding, valuing its business at […]

Ondot Named a 2020 ADVANCE Award Winner by TAG FinTech Society

Honors Innovation in fintech companies with links to Georgia Santa Clara, California, July 21, 2020 (GLOBE NEWSWIRE) — Ondot Systems, the digital card services platform for credit and debit issuers, was named a 2020 ADVANCE Award winner by the TAG FinTech Society, an organization dedicated to promoting the advancement of Georgia’s technology industry. The ADVANCE […]

Pay with GasBuddy® Surpasses Half a Billion Dollars in Fuel Transactions

GasBuddy payments program moves to the top of drivers’ wallets by delivering on the promise of saving money on every gallon of gasoline purchased Pay with GasBuddy card. BOSTON, July 21, 2020 (GLOBE NEWSWIRE) — GasBuddy, the travel and navigation app that is used by more North American drivers to save money on gas, today […]

Wailun Chan Joins Plastiq as Chief Financial Officer (CFO)

Former LinkedIn Vice President of Finance Brings More than Two Decades of Financial Expertise to Rapidly Expanding Payments Solutions Provider SAN FRANCISCO, July 21, 2020 (GLOBE NEWSWIRE) — Today, Plastiq, the intelligent payment solutions provider for businesses, announced that Wailun Chan has joined the company as chief financial officer (CFO). “Wailun’s depth and breadth of […]

Sionic Mobile Adds Mix It Up™ to the Mobile Rewards Marketplace

Mobile rewards app users may now pay and earn rewards at new locations and online ATLANTA–(BUSINESS WIRE)–Sionic Mobile is proud to announce it is adding seven restaurant brand concepts to its Mobile Rewards Marketplace via the new Mix It Up™ platform, including fan-favorite brands Auntie Anne’s®, Carvel®, Cinnabon®, Jamba®, McAlister’s Deli®, Moe’s Southwest Grill® and […]

Western Union Expands with TrueMoney in the Philippines

Five thousand TrueMoney locations across the Philippines to provide Western Union Money Transfer Services MANILA, Philippines–(BUSINESS WIRE)–Western Union, a leader in cross-border, cross-currency money movement and payments, today announced a collaboration with TrueMoney, a leading financial services provider in the Philippines, enabling customers in the Philippines to receive money from their loved ones around the […]

Sharpen Sales Grow More Than 200% in 1H 2020

INDIANAPOLIS–(BUSINESS WIRE)–#AgentFirst—Sharpen Technologies, developers of the agent-first omnichannel cloud contact center platform, experienced continued rapid growth in the first half of 2020, with a 236% increase in new bookings compared to the first half of 2019. Recent customer wins came from the mid-market and enterprise sectors and across multiple verticals, including retail, telecom, outsourcers, and […]

MeridianLink Congratulates Clients for Ranking on Prestigious Forbes 2020 Lists on America’s Best-In-State Financial Institutions

Nearly 150 MeridianLink Clients Named on Bank and Credit Union Lists Costa Mesa, Calif., July 20, 2020 (GLOBE NEWSWIRE) — MeridianLink, developer of the financial industry’s first multi-channel loan and new account origination platform, congratulates 146 of its bank and credit union clients for being named on the prestigious Forbes “2020 America’s Best Banks in […]

AICPA and CPA.com Team Up with Biz2Credit to Launch PPP Loan Forgiveness Tool

Platform Powered by Biz2Credit Automates Loan Forgiveness Application for Small Business Owners NEW YORK–(BUSINESS WIRE)–The American Institute of Certified Public Accountants (AICPA) and its business and technology arm, CPA.com, today announced the launch of a Paycheck Protection Program (PPP) loan forgiveness platform, PPPForgivenessTool.com, which automates the forgiveness process for small business owners who received funds […]

Mastercard Accelerates Crypto Card Partner Program, Making it Easier for Consumers to Hold and Activate Cryptocurrencies

Wirex Becomes First Native Cryptocurrency Platform to Be Granted Principal Membership License PURCHASE, N.Y.–(BUSINESS WIRE)–Consumer interest and investment in digital currencies are growing, with research showing that up to 20 percent of the population of some countries are holding cryptocurrencies1, and an increasing number of merchants, digital players and financial institutions are exploring crypto payments. […]

AM Best: India Non-Life Market Facing Challenges (AM BestTV)

OLDWICK, N.J.–(BUSINESS WIRE)–In this episode of AMBestTV, Myles Gould, director, analytics, and Yuan Tian, senior financial analyst, both of AM Best, said that competition, poor pricing discipline and investments challenge the India non-life market. Click on http://www.ambest.com/v.asp?v=india620 to view the entire program. AM Best has a market segment outlook of negative on India’s non-life market. […]

Medxoom Releases Universal Engagement and Payments Platform for Healthcare Payers

Modern Cost Effective Payment Solutions for Healthcare Payers and Plan Administrators ATLANTA–(BUSINESS WIRE)–Medxoom, the Atlanta-based B2B Health Benefits Platform, announced today the release of a comprehensive Payments suite for Healthcare Payers and Plan Administrators. Medxoom’s Payments platform closes the gap between Healthcare Plan Members and Providers. Medxoom licenses its brandable platform to Healthcare Plans and […]