Techwire


Chairman of Pilatus Bank gives a sobering speech concerning customer trust in the banking and fintech industries at Wealth 2.0 conference

Pilatus Bank Chairman Ali Sadr Pilatus Bank Chairman Ali Sadr LONDON, Dec. 20, 2017 (GLOBE NEWSWIRE) — In banking and fintech, the most important commodity is “trust.” Ali Sadr, Chairman of Pilatus Bank, believes that it is important to recognize where the banking industry stands relative to other industries on the trust scale. The automotive […]

Confluence Predicts RegTech Will Make Way for “DataTech” Movement in Fund Services Operations in 2018

As regulatory uncertainty continues and SEC Modernization becomes reality, Confluence predicts broader data-centricity in business operations and the adoption of data analytics in fund compliance and governance Pittsburgh, PA and London, Dec. 18, 2017 (GLOBE NEWSWIRE) — Confluence, the global leader in investment data management automation for regulatory, financial and investor reporting, today announced a […]

Confluence Wins “Best Use of the Agile Methodology” at 2017 American Financial Technical Awards

Pittsburgh, PA, Dec. 12, 2017 (GLOBE NEWSWIRE) — Confluence, the global leader in investment data management automation for regulatory, financial and investor reporting, has been awarded “Best Use of the Agile Methodology” at the 2017 American Financial Technical Awards (AFTAs), hosted by Waters magazine and WatersTechnology.com. This marks the second year in a row that […]

Tech CU Named One of Silicon Valley’s Most Philanthropic Companies for the Third Consecutive Year; Launches Holiday Campaign to Benefit Family Giving Tree

SAN JOSE, Calif., Dec. 08, 2017 (GLOBE NEWSWIRE) — Tech CU (Technology Credit Union) today announced that it was named one of Silicon Valley’s most philanthropic companies by the Silicon Valley Business Journal, an honor the company has received for the past three years. Additionally, this holiday season, Tech CU announced it will be working closely […]

Confluence Appoints Bill Kinnard as Vice President of Client Experience

Seasoned Asset Management Fintech Leader to Focus on Client Servicing Pittsburgh, Nov. 28, 2017 (GLOBE NEWSWIRE) — Confluence, a global leader in investment data management automation for regulatory, financial and investor reporting, today announced the appointment of William “Bill” Kinnard as Vice President of Client Experience. Kinnard has over 18 years of experience in leading […]

Pilatus Bank advises a fintech strategy can be as much of a challenge as an opportunity for the majority of banks

Pilatus Bank COO Luis Rivera Pilatus Bank COO Luis Rivera We are living in a constantly evolving digital landscape says Pilatus Bank. Fintech startups and challenger banks are continuously launching innovative and advanced digital products on the market. Consumers experience instant gratification with immediate access to the latest technologies via their always-on mobile phones, Wi-Fi-connected […]

Future of Digital Banking Markets Report 2017: Across Internet & Mobile Banking, Cloud Service, Mobile Wallet, Payment Gateway, Crypto-Currencies, Big Data & Security Service Providers

Dublin, Nov. 20, 2017 (GLOBE NEWSWIRE) — The “Future of Digital Banking” report has been added to Research and Markets’ offering. This report on the Future of Digital Banking’ offers banks looking to invest in their digital banking initiatives, and fintech companies looking to address this market, a single source of information and objective assessments […]

Built Technologies Raises $21 Million Series A to Transform Construction Lending Industry

Funding led by Index Ventures will enable construction lending innovator to capitalize on accelerated growth, deepen team, and bolster investments in data utilization for industry NASHVILLE, Tenn., Nov. 15, 2017 (GLOBE NEWSWIRE) — Built, the Nashville, TN based technology company bringing construction lending into the digital age, today reached a pivotal point in the company’s […]

Volante Technologies and open banking experts Open Vector announce partnership

Bringing a much needed, rapidly implementable end-to-end open banking solution to clients across the globe NEW YORK, NY and LONDON, UNITED KINGDOM and DUBAI, UNITED ARAB EMIRATES and MEXICO CITY, MEXICO–(Marketwired – November 15, 2017) – Volante Technologies Inc.,a global provider of software for the integration, processing and orchestration of payments and financial messages on […]

Confluence Asset Management Survey: 83% Predict Fundamental Change To Their Operating Models in the Next 24 Months

• Regulatory requirements and technology innovation seen as driving back-office transformation • Results also find growing urgency to centralize data and automate processes Pittsburgh, PA, Nov. 14, 2017 (GLOBE NEWSWIRE) — Confluence, the global leader in investment data management automation for regulatory, financial and investor reporting, today released the results of its 2017 Asset Management […]

Tech CU Wins Credit Union Journal Best Practices and MarCom Awards for the Third Consecutive Year

Family Banking Product, In-House Credit Card Program and Annual Report Recognized in 2017 SAN JOSE, Calif., Oct. 26, 2017 (GLOBE NEWSWIRE) — Tech CU (Technology Credit Union) today announced that it has won two Credit Union Journal Best Practices Awards for its Family Banking product and in-house credit card program. Tech CU also won a Gold […]

Xenith Bankshares, Inc. Reports Third Quarter and Year-to-Date 2017 Results

RICHMOND, Va., Oct. 25, 2017 (GLOBE NEWSWIRE) — Xenith Bankshares, Inc. (Nasdaq:XBKS), parent company of Xenith Bank, announced financial results for the three and nine months ended September 30, 2017. The company reported net income of $7.158 million, or $0.30 per diluted share, for the third quarter of 2017. Results for the third quarter of […]

Jumio Records Largest Sales Quarter to Date, Extends its Leadership in Financial Services to the Bitcoin and ICO Markets

Demand for bitcoin is triggering the top cryptocurrency exchanges and ICO issuers to leverage Jumio’s Netverify to increase investor trust, improve credibility, and comply with emerging compliance directives PALO ALTO, CA–(Marketwired – Oct 23, 2017) – Jumio Corporation today announced that Q3 sales increased 411 percent year-over-year as a result of increased sales in the […]

Too-big-to-fail banks need to revisit their fintech strategy as it might pose a systemic risk, explains the Chairman of Pilatus Bank

LONDON, Oct. 19, 2017 (GLOBE NEWSWIRE) — The global economic system has long been affected by financial institutions being so large and interconnected that their failure could bring about an enormous financial crisis. Ali Sadr, Chairman of Pilatus Bank, believes that this has led to a complacency that potentially could impose a systemic risk on […]

PhillipCapital is a New Customer of Validus

AUSTIN, Texas, Oct. 18, 2017 (GLOBE NEWSWIRE) — Eventus Systems, Inc. (“Eventus”), a provider of innovative regtech software solutions, announced that Phillip Capital Inc. (“PhillipCapital”) is a client of its Validus risk and surveillance platform.  Validus provides a centralized view of trading, operations, surveillance, compliance and risk management information for a wide range of financial […]

Banks, Under Pressure, Must Act to Protect Customer Relationships in Payments

As Diverse Digital Competitors Vie for Parts of the Payments Ecosystem, Incumbents Must Deepen Ties to Customers to Remain Dominant Players, Says Report by The Boston Consulting Group BOSTON, Oct. 16, 2017 (GLOBE NEWSWIRE) — Facing growing incursion from a diverse group of rivals—including digital giants, fintechs, device manufacturers, and retailers—banks need to reinvent their […]

Robert Reed Joins Tech CU as Chief Retail Banking Officer and Executive Vice President

Will Oversee Member Services and Retail Banking Functions SAN JOSE, Calif., Oct. 12, 2017 (GLOBE NEWSWIRE) — Tech CU (Technology Credit Union) announced today that Robert Reed has joined the company as its new Chief Retail Banking Officer and Executive Vice President. He will be responsible for delivering an incredible member experience by leading the company’s […]

Newtek Small Business Finance Maintains Position as Largest Non-Bank SBA 7(a) Lender

Ranked #7 Among All Bank and Non-Bank SBA 7(a) Lenders LAKE SUCCESS, N.Y., Oct. 10, 2017 (GLOBE NEWSWIRE) — Newtek Business Services Corp. (“Newtek” or the “Company”) (NASDAQ:NEWT), an internally managed business development company (“BDC”), today announced that its wholly owned subsidiary Newtek Small Business Finance, LLC (“NSBF”) maintained its position as the largest non-bank […]

Volante Technologies VolPay Hub Fully Tested, Qualified and Integrated with TokenOS to Accelerate Adoption of Open Banking

Giving banks quick connectivity to members in the Token ecosystem NEW YORK, NY and LONDON, UNITED KINGDOM and DUBAI, UNITED ARAB EMIRATES and MEXICO CITY, MEXICO–(Marketwired – October 10, 2017) – Volante Technologies Inc., a global provider of payments and message integration software, today announced that VolPay Hub is fully tested, qualified and integrated with […]

Tech CU Introduces Commercial Solar Financing Program with Belvedere Solar Finance

Program Designed for Tech CU’s Commercial, Non-Profit and Government Members SAN JOSE, CA–(Marketwired – October 05, 2017) – Tech CU (Technology Credit Union), in conjunction with Belvedere Solar Finance, today announced that it is introducing a solar financing program for its commercial, non-profit and government members. The program will allow members to finance solar systems […]

Tech CU Launches Card Manager

Provides Debit and Credit Card Holders with Real-Time Visibility into Transactions and Control Over Card Features SAN JOSE, CA–(Marketwired – September 21, 2017) – Tech CU (Technology Credit Union) today announced the launch of Card Manager, an intuitive mobile app that allows Tech CU credit and debit card holders to: Control when and where cards […]

ETC Selects Eventus Systems for Its State of the Art Trading Risk Management Platform

Validus Cloud, an innovative regtech software solution, to provide a centralized view into trading, operations, surveillance, and compliance AUSTIN, Texas, Sept. 14, 2017 (GLOBE NEWSWIRE) — Eventus Systems, Inc. (“Eventus”), a provider of innovative regtech software solutions announced that Electronic Transaction Clearing, Inc. (“ETC”) is now a client of its Validus risk and surveillance platform. […]

Jumio Doubles Sales in Q2 2017 by Helping Banks and Financial Institutions Reliably Know Their Customers

Digital ID Verification Leader Opens Wall Street Presence to Better Serve U.S. Financial Services Customers PALO ALTO, CA–(Marketwired – Sep 6, 2017) – Jumio Corporation today announced that Q2 sales were up 87 percent year-over-year due to sales within the financial services sector, with large sales to major US banks, cryptocurrency exchanges, and payment platforms. […]

Tech CU Provides $3 Million Real Estate Loan to Fund the Acquisition of Commercial Property in San Jose, CA

Credit Union Partners with Former Intero Owners Tom Tognoli and John Thompson to Help Fuel Local Economy SAN JOSE, CA–(Marketwired – September 05, 2017) – Tech CU (Technology Credit Union) announced today that it is providing a $3 million commercial real estate loan to property developers and real estate investors Tom Tognoli and John Thompson, […]

Tech CU Wins Desjardins Adult Financial Education and Dora Maxwell Social Responsibility Awards Two Years in a Row

CUNA Awards Celebrate Tech CU’s Efforts to Teach Financial Education and Contribute to the Community SAN JOSE, CA–(Marketwired – August 10, 2017) – Tech CU (Technology Credit Union) today announced that it has won two CUNA awards: second place for the Desjardins Adult Financial Education award and an honorable mention for the Dora Maxwell Social […]

Symphony Software Foundation Sets Out to Build a New Fintech Innovation Model

Adds four new Silver Members: Arcontech, BankEX, Cloud9 Technologies and FinTech Studios PALO ALTO, CA–(Marketwired – July 25, 2017) – Symphony Software Foundation (the Foundation), the nonprofit organization fostering innovation in financial services through open source software (OSS), continues to build on its 2016 growth, paving the path for a new fintech innovation model based […]

Continuity Adds Alexandra Ramin to the Executive Team as Chief Product Officer

Company seeks to expand its product leadership with a seasoned product & integration professional NEW HAVEN, Conn., July 17, 2017 (GLOBE NEWSWIRE) — To help continue adoption across the industry, expand product offerings and quickly integrate targeted acquisitions, the company has hired Alexandra Ramin as its new Chief Product Officer. Alexandra (Alex) brings two decades […]

IIROC Extends Contract with Nasdaq SMARTS, Bolsters Surveillance Technology

TORONTO and NEW YORK, July 14, 2017 (GLOBE NEWSWIRE) — The Investment Industry Regulatory Organization of Canada (IIROC) and Nasdaq, Inc. (Nasdaq:NDAQ) have signed an agreement which extends the surveillance technology relationship between IIROC and Nasdaq’s SMARTS. In this new phase, IIROC will increase its capabilities in advancing its cross-market, multi-asset surveillance across five stock exchanges and eight […]

Tech Capital, LLC Provides $2 Million Asset-Based Loan to Gemini Duplication, Inc.

Loan will support company’s acquisition strategy and technology investments SAN JOSE, CA–(Marketwired – July 12, 2017) – Tech Capital, LLC, the asset-based finance company and wholly-owned subsidiary of Tech CU, today announced that it has originated a $2 million asset-based loan for Gemini Duplication, Inc. The company provides statewide legal document evidence retrieval for California […]

Jumio partners with Monzo for strong identity verification

Trusted identity verification expert joins with pioneering bank to verify new users and support Know-Your-Customer (KYC) requirements PALO ALTO, CA and LONDON, UNITED KINGDOM–(Marketwired – Jun 26, 2017) – Jumio, the creator of Netverify® Trusted Identity as a Service (TIaaS), has today announced a partnership with Monzo, which will see the digital challenger bank use […]

Tech CU Named a Top 100 Bay Area Corporate Philanthropist by San Francisco Business Times; Wins Stevie Awards for Financial Services Marketing Campaign of the Year and Annual Report and MAC Award for Best Annual Report

SAN JOSE, CA–(Marketwired – June 15, 2017) – Tech CU (Technology Credit Union) announced today it was selected as a Top 100 Bay Area Corporate Philanthropist by the San Francisco Business Times. The credit union also won two bronze Stevie Awards for Financial Services Marketing Campaign of the Year and Annual Report, and a silver […]

3d innovations Hires Industry and IPUG Vet John Ikel to Head up its Data Compliance and Licensing Function

LONDON, UNITED KINGDOM–(Marketwired – June 07, 2017) – 3d innovations (3di), a global data management software and services firm to buy and sell side participants, has hired market data specialist John Ikel from BNP Paribas to head up its main consulting and product unit for data governance. Janelle Veasey, director and co-founder, 3d innovations, said, […]

Mike Floyd Joins Tech CU as Chief Credit Officer and Executive Vice President

30-Year Industry Veteran Tapped to Ensure the Continued Safety and Soundness of Tech CU’s Loan Portfolio SAN JOSE, CA–(Marketwired – May 24, 2017) – Tech CU (Technology Credit Union) announced today that Mike Floyd has joined the company as its new Chief Credit Officer and Executive Vice President. An industry veteran, Floyd is responsible for […]

Titan Regulation and Eventus Systems Announce Strategic Partnership

Real-time analytics and risk mitigation system enhances the precision of audit services and reduces compliance costs and risks AUSTIN, Texas and SAN FRANCISCO, May 16, 2017 (GLOBE NEWSWIRE) — Titan Regulation (“Titan”), a provider of compliance solutions to the financial services industry, and Eventus Systems, Inc. (“Eventus”), a leading national provider of real-time analytics and risk […]

Tech CU Provides $8.5 Million Construction Loan for Presidio Bay Ventures to Create a Multifamily Development in San Francisco’s Dogpatch Neighborhood

First “Ground Up” Construction Project in San Francisco Broadens Tech CU’s Market Presence SAN JOSE, CA–(Marketwired – May 15, 2017) – Tech CU (Technology Credit Union) announced today that it is providing an $8.5 million construction loan for Presidio Bay Ventures, LLC. The loan will fund the development of a 20-unit, multifamily project in San […]

Tech CU Honored with Four Prestigious Award Wins

COO and EVP Jeannine Jacobsen Named a Silicon Valley Business Journal 2017 Woman of Influence; Tech CU also a Winner of the Hermes Creative Awards, AVA Digital Awards and a Credit Union Journal Best Practices Award SAN JOSE, CA–(Marketwired – May 01, 2017) – Tech CU (Technology Credit Union) today announced four significant award wins […]

Continuity Adds Industry Veteran to the Executive Team as Chief Sales Officer

Company seeks to accelerate its strong growth and expand its leadership with a seasoned, FinTech professional NEW HAVEN, Conn., May 01, 2017 (GLOBE NEWSWIRE) — After quarter over quarter client growth throughout 2016 and Q1 2017 Continuity’s RegAdvisor® Pro and RegControls™ proves to be the RegTech, compliance management solution financial institutions (FIs) need. To help […]

ONE Savings Bank PLC : Annual Financial Report

OneSavings Bank plc(the Company) 2016 Annual Report and Accounts The following regulated information, disseminated pursuant to DTR6.3.5, comprises the 2016 Annual Report and Accounts which was sent to shareholders of OneSavings Bank plc on 31 March 2017. A copy of the Annual Report and Accounts is available at www.osb.co.uk. Enquiries: OneSavings Bank plcNickesha Graham-BurrellDeputy Company […]