Techwire


Financial Institutions, Inc. Announces Sale of the Assets of SDN Insurance Agency to NFP

$27.0 million all cash transaction, representing ~4.0x 2023 insurance income, supports Financial Institutions, Inc.’s earnings and capital position and allows for reinvestment to support its core banking franchise Transaction eliminates $11.3 million of goodwill and other intangible assets and has 43 basis point positive impact on pro forma year-end 2023 common equity tier 1 capital […]

Matrix Applications Launches Transparence, An Outsourced Securities Lending Solution

Transparence An Outsourced Securities Lending Solution New York, NY, April 01, 2024 (GLOBE NEWSWIRE) — Matrix Applications LLC (“Matrix”), a financial technology and operational solutions provider for the capital markets, is proud to announce the launch of Transparence, a back office processing solution for equity finance operations. Since 2000, Matrix has delivered transformative industry solutions […]

ACI Worldwide and Arab Financial Services To Drive Payments Modernization for Banks and Merchants in the Middle East

AFS – the leading digital payment solutions provider and fintech enabler in the Middle East and Africa – will utilize ACI Enterprise Payments Platform and ACI Payments Orchestration Platform to drive digital payments modernization in the region DUBAI, United Arab Emirates–(BUSINESS WIRE)–ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments software, today announced […]

Auburn National Bancorporation, Inc. Elects Two New Directors

AUBURN, Ala, March 29, 2024 (GLOBE NEWSWIRE) — Auburn National Bancorporation, Inc. (the “Company”) (Nasdaq: AUBN), the parent company of AuburnBank (the “Bank”), announced that Sandra J. Spencer and Michael A. Lawler have been elected effective March 29, 2024 to the Board of Directors for both the Company and the Bank. “We are delighted to […]

Ant International and Capital A to Form Strategic Partnership in Digital Payments, Financial Technologies, and Sustainability Promotion

Capital A is in discussions with Ant International to integrate its cross-border digital payments, payment orchestration, marketing and digitalization technology solutions to its entire business ecosystem, including AirAsia, AirAsia MOVE, and BigPay; Both sides will also explore opportunities to promote inclusive and sustainability impact to address global challenges, including advancing digital inclusion, cultivating digital talent […]

Virtual Cards Market Outlook 2023-2028: Virtual Card Transactions Forecast to Reach 175 Billion by 2028, Rising from 36 Billion in 2023

Dublin, March 29, 2024 (GLOBE NEWSWIRE) — The “Virtual Cards Market: 2023-2028” report has been added to ResearchAndMarkets.com’s offering. Over the forecast period the total volume of virtual card transactions will reach 175 billion by 2028, rising from 36 billion in 2023. Growing by a significant 388%, the market will be accelerated by the adoption […]

PAN Finance Names Libertex ‘Global CFD Broker of the Year’

LIMASSOL, Cyprus–(BUSINESS WIRE)–#TradeForMore–As the first quarter of 2024 draws to a close, Libertex is thrilled to announce its first accolade of the new year! The established global financial publication PAN Finance has determined Libertex to be the ‘CFD Broker of the Year – Global 2024’ following a rigorous evaluation process conducted by the publication’s highly […]

Veritex Holdings, Inc. Announces Stock Buyback Program and Investment Portfolio Restructuring

DALLAS, March 28, 2024 (GLOBE NEWSWIRE) — Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex” or “the Company”), the parent holding company for Veritex Community Bank, today announced that its Board of Directors (the “Board”) authorized a stock buyback program (the “Stock Buyback Program”) pursuant to which the Company is authorized to purchase up to $50.0 million […]

McWhorter Foundation Preparing Legal Battle Against J.P. Morgan Over IPO Discrimination and LBO Biases

McWhorter Foundation Preparing Legal Battle Against J.P. Morgan Over IPO Discrimination and LBO Biases McWhorter Foundation Preparing Legal Battle Against J.P. Morgan Over IPO Discrimination and LBO Biases. What is the McWhorter Foundation a philanthropic organization founded by C.K. McWhorter with a focus on championing social justice, economic empowerment, and sustainable development. It seeks to […]

NOTICE TO CONVENE MULTITUDE SE’S ANNUAL GENERAL MEETING OF SHAREHOLDERS

NOTICE TO CONVENE MULTITUDE SE’S ANNUAL GENERAL MEETING OF SHAREHOLDERS Notice is given to the shareholders of Multitude SE (Company) that the Annual General Meeting of the Company is to be held on 25 April 2024 at 10:00 a.m. (EEST / Finnish time) at the offices of Castrén & Snellman Attorneys Ltd, Eteläesplanadi 14, Helsinki, Finland. […]

Meriwest Credit Union Becomes Official Credit Union Partner of Bay FC

Meriwest Credit Union | Bay FC Logo Meriwest Credit Union Becomes Official Credit Union Partner of Bay FC Meriwest Credit Union and Bay FC Unite to Empower Women in Sports and Strengthen Local Communities SILICON VALLEY, Calif., March 28, 2024 (GLOBE NEWSWIRE) — Meriwest Credit Union is proud to announce its exciting new partnership with […]

Mindee’s New AI Document-Processing Tool Enables Zero Data Preparation

docTI leverages AI to enable custom document processing in minutes PARIS–(BUSINESS WIRE)–#ai—Mindee, the developer platform for AI document processing, today announced the release of docTI (Document Tailored Intelligence), an AI-powered optical character recognition (OCR) tool designed to revolutionize the way SaaS products process documents. docTI is the first intelligent document processing (IDP) tool on the […]

Weinstein Insurance Embraces Digital Transformation with EZLynx

Independent agency utilizes all-in-one management system to transition from paper-based processes to digitizing day-to-day workflows Lewisville, TX., March 28, 2024 (GLOBE NEWSWIRE) — EZLynx, an Applied company, today announced that Weinstein Insurance has selected EZLynx to digitally transform their business. The previously paper-based agency will digitize its entire operations by leveraging EZLynx’s all-in-one cloud-based management […]

Bitcoin Well Announces Company Record of New Users Signed Up

EDMONTON, Alberta, March 28, 2024 (GLOBE NEWSWIRE) — Bitcoin Well Inc. (“Bitcoin Well” or the “Company”) (TSXV: BTCW; OTCQB: BCNWF), the non-custodial bitcoin business on a mission to enable independence announces a company record for new users signed up in one day. On March 27, 2024 the Company signed up 146 new users. The previous […]

Legion Capital Announces Florida Land Development Sale To KB Home

ORLANDO, Fla., March 28, 2024 (GLOBE NEWSWIRE) — Legion Capital Corporation (LGCP), a private equity real estate lender, announced the sale of 19.05 acres within the Harmony master planned community in Kissimmee, FL. Sold to KB Home (KBH), conjointly with a tenured client and borrower of Legion Capital, the parcel is zoned CT, Commercial Tourist […]

Strategic Growth Continues: US Capital Global Expands Investment Banking Division in New York City with New Vice President, John Tesoriero

Leading global private financial group for the middle market appoints new Vice President to expand its footprint in the Northeastern region of the United States. John Tesoriero Vice President at US Capital Global, New York City San Francisco, California, USA, March 28, 2024 (GLOBE NEWSWIRE) — US Capital Global, a leading global private financial group […]

OKX Publishes 17th Consecutive Proof of Reserves, Highlighting USD22.1 Billion in Primary Assets

DUBAI, United Arab Emirates, March 28, 2024 (GLOBE NEWSWIRE) — OKX, a leading global Web3 technology company and crypto exchange, today announced the release of its latest Proof of Reserves (PoR) report, showcasing a total of USD22.1 billion in primary assets backing user funds. This marks the 17th consecutive month of the exchange’s Proof of […]

Multitude SE: Alain Nydegger starts to head Multitude Group’s new business unit Wholesale Banking

Multitude SE: Alain Nydegger starts to head Multitude Group’s new business unit Wholesale Banking Helsinki, 28 March 2024 – Multitude SE, a listed European FinTech company, offering digital lending and online banking services to consumers, small and medium-sized businesses, and other FinTechs (ISIN: FI4000106299, WKN: A1W9NS) (“Multitude”, “Company” or “Group”) announces that Alain Nydegger will […]

Streamline Your Construction Lien Management with Bectran and NCS Credit Integration

Bectran Partners with NCS Credit to Deliver a Lien Tracking Solution for Job Sheets CHICAGO–(BUSINESS WIRE)–#AccountsReceivable—Bectran, Inc., the industry leader in credit, collections, and accounts receivable management technology has announced a new collaboration with NCS Credit, a renowned provider of Mechanic’s Lien, UCC, and collections solutions. This partnership unveils an innovative Mechanic’s Lien integration solution […]

Lesaka to Host Webcast and Conference Call to Review Third Quarter 2024 Results

JOHANNESBURG, South Africa, March 27, 2024 (GLOBE NEWSWIRE) — Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS:LSAK; JSE: LSK) today announced it will release third quarter 2024 results after the U.S. market close on May 8, 2024. Lesaka management will host a presentation webcast and conference call on May 9, 2024, at 8:00 a.m. Eastern […]

Clip Money Expands Cash Management Suite Through ClipChange

Fintech establishes new solution which enhances modern cash management through the delivery of coins and small banknotes directly to businesses BOSTON, March 27, 2024 (GLOBE NEWSWIRE) — Clip Money, Inc. (“Clip”) (TSXV:CLIP) (OTCQB:CLPMF), a leading provider of end-to-end cash management for businesses, has announced the addition of ClipChange to its product suite. The launch of […]

J.P. Morgan Wealth Plan Helps Chase Customers Create 1 Million Plans

Over 10 million customers are using Wealth Plan to take control of their financial future NEW YORK–(BUSINESS WIRE)–J.P. Morgan Wealth Management’s Wealth Plan has helped customers create more than 1 million personalized plans. The tool reached this milestone just over a year since its launch. Available for free in the Chase Mobile app and on […]

Legal & General America Launches Life e-Tickets with Hexure for a Simplified, Accelerated Quote to Apply Experience

COLORADO SPRINGS, Colo.–(BUSINESS WIRE)–#digitalsales–Hexure, a provider of sales and regulatory automation solutions for the life and annuity industry, in tandem with Legal & General America (LGA), one of the nation’s leading term life insurance providers and part of Legal & General Group plc, introduced a new solution to help simplify the term life insurance purchase […]

Options Unveils Innovative Partnership with Trader Evolution, Pioneering Enhanced API Connectivity, and Trading Software Solutions

LONDON & NEW YORK & HONG KONG–(BUSINESS WIRE)–Options Technology, a trailblazer in capital markets infrastructure, today announced a new partnership with Trader Evolution, a multi-market trading platform specializing in multi-asset and multi-market brokerage and trading software. The partnership is set to provide customers with bespoke API connectivity and advanced software alongside Options’ pre-deployed technology stack, […]

Intuit Partners with The Farmlink Project to Address Climate Change By Tackling Food Waste and Methane Gas Emissions

Through the initiative, eight million meals have been provided to communities in Los Angeles and more than 13K metric tons of CO2e emissions have been avoided since 2023 MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, has joined forces with The Farmlink […]

Tampa Bay Fintech Company Chargebacks911 Looks to Hire Following USA Today’s Top Workplaces USA Award

CLEARWATER, Fla.–(BUSINESS WIRE)–#Chargebacks—USA Today, in partnership with HR technology company Energage, released their Top Workplaces USA honorees last week, a list recognizing more than 1,500 employers as the best places to work in the country. Among the list of winners was Chargebacks911, a leading chargeback technology platform based in Clearwater, which is looking to fill […]

With Appointment of Roger Alexander as Advisor, Chargebacks911 Well Placed to Tackle APP Fraud

LONDON–(BUSINESS WIRE)–#Chargebacks—Chargebacks911, the leading chargeback technology platform, announced Wednesday the appointment of leading payments industry professional Roger Alexander as Advisor to the Board and CEO. In his new role, Alexander will serve as a key advisor to Chargebacks911’s Advisory Board and its CEO, Monica Eaton, assisting the company with its expansion initiatives, including the highly-anticipated […]

United Automobile Insurance Company Implements Guidewire Cloud to Modernize Claims IT Operations

MIAMI GARDENS, Fla. & SAN MATEO, Calif.–(BUSINESS WIRE)–$GWRE #GuidewireAnalytics—United Automobile Insurance Company (UAIC), one of the largest privately-held, family-owned property and casualty insurance companies in the United States, and Guidewire (NYSE: GWRE) announced that UAIC successfully migrated Guidewire ClaimCenter from an on-premise environment to Guidewire Cloud to power and simplify its claims and related IT […]

Dash Solutions Hits Record Payments Volume, Expands Team in Response to Surge in Demand

Following a landmark year of growth, Dash Solutions enhances product offerings to meet accelerating demand for real-time payment solutions BIRMINGHAM, Ala.–(BUSINESS WIRE)–Dash Solutions, the leader in payments enablement, today reported more than $50 billion in total payments volume, a 20% growth in employee headcount, and the doubling of its disbursements segment in 2023 as the […]

Evolutio and Nobl9 Form a Strategic Partnership to Further Empower Cisco’s Full-Stack Observability Ecosystem Vision

CHICAGO–(BUSINESS WIRE)–#evolutio–Two of Cisco’s leading partners in Full-Stack Observability, Nobl9 and Evolutio, announced today that they had formed a strategic partnership to accelerate the adoption of the Cisco Observability Platform by bringing cutting-edge functionality to the Cisco ecosystem faster. The partnership brings together a blend of Nobl9’s Reliability Center, an advanced software reliability platform, and […]

Nominal Launches with Generative AI to Disrupt the $44B ERP Market

Emerges from stealth with $9.2M in seed funding NEW YORK–(BUSINESS WIRE)–Nominal is harnessing generative AI to bridge the gap between outdated, costly ERP systems and the financial management needs of modern mid-market, multi-entity businesses. The company launched today with $9.2 million in seed funding from Bling Capital and Hyperwise Ventures, with participation from Vela Partners, […]

Sean Brennan Appointed to First Fed Board

Sean Brennan Appointed to First Fed Board Sean Brennan, new FNWB Board Member, and Matt Deines, President and CEO of First Fed Bank and FNWB. PORT ANGELES, Wash., March 27, 2024 (GLOBE NEWSWIRE) — First Fed Bank, subsidiary of First Northwest Bancorp (NASDAQ: FNWB), announced today that Sean Brennan has been appointed to the Board […]

Pulsate Joins the Jack Henry™ Vendor Integration Program

VIP enables Pulsate to integrate with Symitar® DUBLIN–(BUSINESS WIRE)–Pulsate, provider of mobile-first engagement solutions that deepen digital banking relationships and cut through noise in consumers’ moments of need, today announced that it has joined the Jack Henry™ Vendor Integration Program (VIP). Participation in the program will provide Pulsate with access to Jack Henry’s technical resources […]

Card payments no longer the default choice for consumers – new research from Boku reveals

A new global study of 10,500 consumers across 37 markets reveals a mainstream shift in the way people around the world pay online Findings show the continued worldwide decline of card payments’ market share for ecommerce transactions as consumers turn instead to local payment methods such as digital wallets By value, card payments will account […]

BearingPoint Elects Stefan Penthin to Be the Next Managing Partner of the Global Firm

Kiumars Hamidian will hand over to Stefan Penthin on September 1, 2024, as part of a planned process after two terms in office AMSTERDAM–(BUSINESS WIRE)–#advisory–With, as planned, the final term of its current Managing Partner coming to an end, the partnership of the independent management and technology consultancy, BearingPoint, has elected Stefan Penthin to be […]

Servus begins fiscal year with strong financial performance and growth

EDMONTON, Alberta, March 27, 2024 (GLOBE NEWSWIRE) —  Servus Credit Union Ltd. (Servus) continued its strong growth trend with assets reaching $20.6 billion, up $1.8 billion (9.8%), compared to the first quarter of 2023. Coupled with a 182.0% increase in net earnings to $23.1 million, Servus is off to a solid start to the fiscal […]

Portal Unveils RAFA: The First Generative AI Investment App with Financial Intelligence for Both Traditional and Crypto Markets

RAFA’s AI Agents work in tandem to generate financial intelligence that was once only accessible by Wall Street’s elite SAN FRANCISCO–(BUSINESS WIRE)–Portal, a fintech infrastructure provider enabling financial superintelligence and self-sovereignty, today announced the launch of RAFA, an AI-powered investing copilot engineered to transform personal investment strategies for everyone. RAFA is the first intelligent investment […]

Mackoul Risk Solutions, LLC Integrates Applied Pay in a Single Day

Niche, habitual real estate-focused agency selects Applied Pay to easily integrate digital payments into agency operations Chicago, IL., March 27, 2024 (GLOBE NEWSWIRE) — Applied Systems® today announced that Mackoul Risk Solutions, LLC is leveraging Applied Pay to deliver easy online insured payment options. To realize the benefit of creating customer choice while better managing […]

New Forbes Insight Report Reveals Almost 70% of Banking and Finance Leaders Believe AI-Powered Fraud Will Threaten the Security of User Transactions in 2024

The Forbes survey reports 65% of business leaders have added multifactor authentication to support fraud prevention and customer protection SOMERSET, N.J., March 27, 2024 (GLOBE NEWSWIRE) — CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, today announced its participation with Forbes Insights on a new report, Security Should Be […]

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