Techwire


Webcash Global Launches Global Fund Management Solution ‘WeMBA’ in Vietnam

Linked to the accounts of 17 banks in Vietnam to check the funds in real-time. Enables efficient and transparent fund management by controlling account-specific verification authority, automated preparation of vault cash reports, and connection to ERP systems. Set for release in Vietnam and then in Japan, China, the UK, and Cambodia this year with the […]

Duck Creek Technologies Expands to the Indian Market, Offering Its Global Core Technology Platform to India-Based Insurance Carriers

The company’s Indian subsidiary signs its first full-suite customer partnership in the region with HDFC ERGO Mumbai, Aug. 09, 2023 (GLOBE NEWSWIRE) — Duck Creek Technologies India LLP, a subsidiary of Duck Creek Technologies, today announced a historical milestone with its expansion into the Indian general insurance market. Duck Creek Technologies India LLP now offers […]

Flywire Announces Pricing of Follow-On Offering

BOSTON, Aug. 09, 2023 (GLOBE NEWSWIRE) — Flywire Corporation (Nasdaq: FLYW) (“Flywire” or the “Company”), a global payments enablement and software company, today announced the pricing of its underwritten public offering of 8,000,000 shares of its voting common stock (the “Common Stock”) at a price to the public of $32.00 per share. Closing of the offering […]

Benekiva Launches New Portal360 Product, Providing a Hub for Claimants and Carrier Staff to Collaborate and Manage Claims Within a Configurable, Single Dashboard View

Portal360, Powered by Benekiva allows claimants to manage their claim and engage in real-time discussion with a carrier associate without ever leaving the intuitive Portal360 interface. DES MOINES, Iowa, Aug. 09, 2023 (GLOBE NEWSWIRE) — Benekiva, a leading provider of insurtech solutions, proudly announces the launch of Portal360, a groundbreaking product designed to redefine the […]

Flywire Launches Proposed Follow-On Offering

BOSTON, Aug. 09, 2023 (GLOBE NEWSWIRE) — Flywire Corporation (Nasdaq: FLYW) (“Flywire” or the “Company”), a global payments enablement and software company, today announced the launch of a proposed follow-on public offering of $250,000,000 of shares of its voting common stock (the “Common Stock”). In addition, Flywire expects to grant the underwriters a 30-day option to […]

Invest Inc. Announces Reg A+ Offering: A New Era in Fintech Begins

LOS ANGELES–(BUSINESS WIRE)–The future of fintech has a new face, and its name is Invest Inc. With great enthusiasm, we are proud to announce our Reg A+ offering, a transformative step that underscores our commitment to democratizing premium financial market information and technologies. Regulation A+ allows us to offer our shares to the general public, […]

HRS Ramping up North American Management Team; Appoints Travel Tech Executive Will Pinnell to Senior Vice President

Corporate Travel Procurement Expert Pauline Robin also Named VP for Procurement Consulting & Supplier Relations; Company Expanding NYC Office HRS VP Procurement Consulting & Supplier Relations Pauline Robin HRS is excited to add Pauline Robin to our growing Americas travel team of hotel procurement experts. Will Pinnell, Senior Vice President of the Americas for HRS […]

Monroe Capital Corporation BDC Announces Second Quarter 2023 Results

CHICAGO, Aug. 09, 2023 (GLOBE NEWSWIRE) — Monroe Capital Corporation (Nasdaq: MRCC) (“Monroe”) today announced its financial results for the second quarter ended June 30, 2023. Except where the context suggests otherwise, the terms “Monroe,” “we,” “us,” “our,” and “Company” refer to Monroe Capital Corporation. Second Quarter 2023 Financial Highlights Net Investment Income of $5.9 […]

First Guaranty Bancshares, Inc. Announces Second Quarter 2023 Results

HAMMOND, La., Aug. 09, 2023 (GLOBE NEWSWIRE) — First Guaranty Bancshares, Inc. (“First Guaranty”) (NASDAQ: FGBI), the holding company for First Guaranty Bank, announced its unaudited financial results for the quarter ending June 30, 2023. Resilient: Springing back, rebounding. Returning to the original form for position after being bent, compressed or stretched. Recovering readily from illness, depression, […]

Pinnacle Bankshares Corporation Announces Quarterly Cash Dividend of 20 Cents per Share

ALTAVISTA, Va., Aug. 09, 2023 (GLOBE NEWSWIRE) — Pinnacle Bankshares Corporation (“Pinnacle” or the “Company”) (OTCQX: PPBN), the one-bank holding company for First National Bank (the “Bank”), announced today that its Board of Directors declared a cash dividend of $0.20 per share on August 8, 2023, payable September 1, 2023, to shareholders of record as […]

ICE Announces Record Trading Activity in Dubai and Murban Crude As Participants Utilize ICE’s Global Oil Complex to Manage Crude Flows

LONDON, HOUSTON & ABU DHABI, United Arab Emirates–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record trading activity across its ICE Dubai (Platts) and Murban crude markets, as customers utilize ICE’s global oil markets to manage their exposure to energy dynamics. As part of a complex […]

Bangor Savings Bank’s Parent Company Partners With PayWith Worldwide Inc. to Form a Joint Venture Aimed at Bringing Innovative and Unique Payments Capabilities to Customers

Bank collaborates with fintech leader to enable programmable payments for cardholders BANGOR, Maine–(BUSINESS WIRE)–Bangor Bancorp, MHC, the parent company of Bangor Savings Bank, and fintech innovations developer PayWith Worldwide Inc. have worked closely together to form IncumbentFI, Inc., a joint venture company to provide innovative programmable payments technology to current bank cardholders. With IncumbentFI’s new […]

Nylas Partners with Devfortress Arming Organizations with Development Tools and Resources for Building Email and Scheduling Features Faster

The strategic partnership expands developer’s toolkits with comprehensive email, calendar, and contacts APIs SAN FRANCISCO–(BUSINESS WIRE)–Nylas, the state-of-the-art communications platform giving developers universal access to email, calendar, and contacts providers through a single API integration, today announced its partnership with Devfortress, a leader in software development, design, and project management consulting and services. With this […]

Bindable Joins Guidewire PartnerConnect Program; Releases First Partner-developed Guidewire GO Product

Bindable’s Guidewire GO product will enable insurers to grow their business through partnerships and embedded channels SAN MATEO, Calif. & BOSTON–(BUSINESS WIRE)–#Guidewire–Guidewire (NYSE: GWRE) announced that Bindable™ has become a Guidewire PartnerConnect Solution partner, and that Bindable’s new Guidewire GO Product is now available to PolicyCenter Cloud users in the Guidewire Marketplace. Bindable is the […]

Blackboxstocks Launches Beta Program for StockNanny, an AI-Driven Portfolio Alert System Featuring Real-Time Market Data from Nasdaq Basic

StockNanny is Targeted at Self-Directed Investors, a Broad Market of 120+ Million People 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, today announced the launch of the beta program for the Company’s new portfolio alert product StockNanny, featuring real-time data […]

At-Bay Begins Issuing Policies on its own E&S Paper; Finalizes Transition to Full-Stack Carrier

First Cyber InsurTech to transition to full-stack E&S carrier further spurs profitable growth and innovation in today’s fast-growing specialty market SAN FRANCISCO–(BUSINESS WIRE)–At-Bay, the insurance provider for the digital age, today announced that it has begun issuing Cyber and Tech E&O policies under its Delaware-based Excess and Surplus (E&S) carrier, At-Bay Specialty Insurance Company. Formed […]

FirstBank Ends Q2 with Solid Financials, Multiple Accolades and a Planet-Friendly Initiative

Company Named a Top Performing Bank, a Top Workplace and Voted Colorado’s Best Bank LAKEWOOD, Colo., Aug. 09, 2023 (GLOBE NEWSWIRE) — FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” announced its 2023 second-quarter summary on the company’s holdings and activities. At the end of June, the […]

U.S. Payments Forum Summer Market Snapshot: AI’s Industry Shakeup, FedNow in Focus, Combatting Shifting Fraud Trends

REDWOOD CITY, Calif., Aug. 09, 2023 (GLOBE NEWSWIRE) — The U.S. Payments Forum today launched its latest market snapshot. It provides an inside look at the state of the industry from the perspective of key stakeholders, including payment networks, technology innovators, leading merchants, issuers, acquirers and payment processors. The statistics provided in the snapshot were […]

Mulberri Launches Cyber Insurance MGA for Small and Medium-Sized Businesses

SUNNYVALE, Calif.–(BUSINESS WIRE)–Mulberri, an AI-driven insurance platform founded in 2021, today announced the launch of its Cyber Insurance MGA. Mulberri’s approach is designed to help embedded insurance partners and their small and medium-size business clients safeguard against crippling financial consequences caused by cyberattacks while boosting revenue. The Mulberri Cyber Insurance MGA represents a significant step […]

Options Chosen as Primary Market Data Provider for GO Markets’ Expansion into Asian Markets

LONDON & NEW YORK & HONG KONG–(BUSINESS WIRE)–Options Technology, the leading provider of financial technology and global market data solutions, today announced its selection as the primary market data provider for GO Markets into Asian Markets. The strategic partnership will begin with the provision of Hong Kong Stock Exchange data and the redistribution of derived […]

Ebix Announces Q2 2023 Results

JOHNS CREEK, Ga., Aug. 09, 2023 (GLOBE NEWSWIRE) — Ebix, Inc. (NASDAQ: EBIX), a leading international supplier of on-demand software and e-commerce services to the insurance, financial services, travel, healthcare, and e-learning industries today announced the following results for the quarter ended June 30, 2023: Q2 2023 Revenues of $118.4 million, with 3.1% Year-over-Year growth […]

The NAGA Group AG: AI ‘Brain’ Technology by Rezolve Joins Forces with NAGA to Revolutionise Online Payment together with Brokerage Transformation

  LONDON & HAMBURG, Germany–(BUSINESS WIRE)–Frankfurt listed, German Fintech company The NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), operator of the All-in-One Financial Super App, announces a ground-breaking partnership with Rezolve AI Limited. The integration of Rezolve’s AI platform, ‘Brain’, into NAGA’s proprietary technology and its social trading app, ‘NAGA Trader’ as well as ‘NAGA […]

Paybotic Underscores Strength of Payment Processing Capabilities During Moratorium on Debit Card Cannabis Transactions

Cannabis Payment Solution Leader Offers Redundancy to Provide Convenience for Customers and Businesses, Reduce Risk WEST PALM BEACH, Fla., Aug. 09, 2023 (GLOBE NEWSWIRE) — Paybotic (“Paybotic” or “the Company”), the premier resource for financial solutions designed for the cannabis industry, announced today the strength of their payment processing solutions following major Card Association providers’ […]

Brink’s Announces Second-Quarter Results

Record Second Quarter Revenue and Operating ProfitStrong Year-to-Date Cash Generation with an Increase of Over 150% in Net Cash from OperationsAffirmed Full-Year 2023 Guidance Results Highlights: Q2 Revenue up 7%, reflecting 8% organic growth Q2 Operating profit: GAAP up 9% to $106M; non-GAAP up 6% to $132M Q2 Operating margin: GAAP up 2% to 8.7%; […]

Nuvei Announces Second Quarter 2023 Results, Introduces Quarterly Cash Dividend

Nuvei reports in U.S. dollars and in accordance with International Financial Reporting Standards (“IFRS”) MONTREAL, Aug. 09, 2023 (GLOBE NEWSWIRE) —  Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today reported its financial results for the three and six months ended June 30, 2023. “Nuvei delivered solid second quarter results […]

Flash News: OKX Wallet Introduces ‘Free Gas Campaign’ to Celebrate the Launch of its Account Abstraction-Powered Smart Account Feature

SINGAPORE, Aug. 09, 2023 (GLOBE NEWSWIRE) — OKX, a leading Web3 technology company, has issued updates for August 9, 2023. OKX Wallet Introduces ‘Free Gas Campaign’ to Celebrate the Launch of its Account Abstraction-Powered Smart Account Feature OKX Wallet has announced the launch of its Free Gas Campaign to celebrate the introduction of its account […]

Flywire Reports Second Quarter 2023 Financial Results

Second Quarter Revenue Increased 50.3% Year-over-Year Second Quarter Revenue Less Ancillary Services Increased 54.4% Year-over-Year or 56.7% on a Constant Currency Basis Second Quarter Gross Profit Increased 47.0% and Adjusted Gross Profit Increased 46.8% Year-over-Year Company Provides Third Quarter Outlook and Raises Fiscal-Year 2023 Outlook BOSTON, Aug. 08, 2023 (GLOBE NEWSWIRE) — Flywire Corporation (Nasdaq: […]

Bermuda Considers Introducing a Corporate Income Tax

Proposed New Tax Regime Would Reinforce Bermuda’s Continuing Commitment to Global Compliance and Transparency Proposed Tax Regime Developed to Support Bermuda’s Economic Goals Begins an Initial Public Consultation Period for New Corporate Income Regime HAMILTON, Bermuda–(BUSINESS WIRE)–Today, the Government of Bermuda announced that it will issue a public consultation paper as part of its considerations […]

Sweater Introduces Category-Defining Partner Platform Opening Venture Capital to Everyone

– First-of-its-kind offering unlocks the ability for any institution or luminary to launch a venture capital fund available to all U.S. investors – BOULDER, Colo.–(BUSINESS WIRE)–Sweater, the first fintech company to offer main street investors access to a venture capital (VC) fund, announced today the launch of Public VC Funds, the world’s first platform where […]

Kathy Perrotte, CEO and Co-Founder of ActiveViam, Honored as a Forbes 50 OVER 50 Business Leader

NEW YORK–(BUSINESS WIRE)–Kathy Perrotte, CEO and co-founder of ActiveViam, a leading provider of advanced analytics and decision-making solutions for financial institutions, has been recognized by Forbes as one of the distinguished “50 Over 50” business leaders in the Investment category. The annual Forbes 50 Over 50 list celebrates dynamic female leaders who have made significant […]

Vodafone Business Selects AppDirect as its Partner to Accelerate Success in the Channel

Partnership is expected to fuel future growth for both companies, including international market reach and elevated customer experiences SAN FRANCISCO–(BUSINESS WIRE)–#AppDirect—AppDirect, the world’s leading B2B subscription commerce platform, today announced its expanded commercial partnership with Vodafone Business, a leading technology communications company helping organizations succeed in a digital world and keeping society connected. This partnership […]

Invest Inc Announces Corporate Restructure with Jas Mathur as New CEO, Focusing on Expanding Innovative Fintech Platform

LOS ANGELES–(BUSINESS WIRE)–Invest Inc, a leading fintech company revolutionizing the retail investment landscape, is pleased to announce a significant corporate restructure, appointing Jas Mathur as the new Chief Executive Officer (CEO). The strategic move comes as Invest Inc continues to experience exponential growth and aims to reinforce its commitment to providing cutting-edge tools and insights […]

Greenlight Revolutionizes Credit with Industry-First Credit Builder for Teens to Build Credit Before Adulthood

Leading 3% cash back credit card, the Greenlight Family Cash Mastercard®, is now available for teens ATLANTA–(BUSINESS WIRE)–Greenlight® Financial Technology, Inc. (“Greenlight”), the fintech company on a mission to help parents raise financially smart kids, today announced a first-of-its-kind credit builder for teens to build credit before 18. Starting today, parents can add teens as […]

Circle Launches Web3 Wallet Service for Developers

Allows developers and businesses to integrate crypto wallets into their applications, simplifying user access to digital assets and digital currencies like USDC BOSTON–(BUSINESS WIRE)–Circle, a global fintech firm and the issuer of USDC and Euro Coin, today announced Programmable Wallets, a wallet-as-a-service platform for developers to embed Web3 wallets in their apps and deliver user-friendly, […]

CSI Meets Significant Demand for NuPoint Core Platform with 12 Deals Signed in Under Two Months

New bank customers, including The Bank of Monroe and Bank of Maple Plain, tout CSI’s exceptional service, digital banking user experience and unified functionality PADUCAH, Ky.–(BUSINESS WIRE)–Following its win at the Banking Tech Awards USA in June, CSI’s NuPoint® core banking platform is seeing continued momentum. In June and July, 12 banks signed on to […]

Momnt and Acorn Finance Join Forces to Transform the Future of Lending for Home Improvement Merchants

Momnt has partnered with Acorn Finance to launch the most comprehensive fintech infrastructure in the home improvement market. ATLANTA–(BUSINESS WIRE)–Momnt, a leading financial technology company specializing in real-time lending and payment solutions for businesses, today announces the launch of Acorn Finance powered by Momnt. In a first-of-its-kind partnership, Acorn Finance’s direct-to-consumer lending platform has combined […]

Galileo’s AI-Driven Intelligent Digital Assistant Cyberbank Konecta Enhances SoFi Member Experience

SoFi has integrated Cyberbank Konecta into its existing tech stack, increasing member satisfaction and improving inquiry response time by more than 65% SALT LAKE CITY & SAN FRANCISCO–(BUSINESS WIRE)–Galileo Financial Technologies, LLC, a leading financial technology company, announced today that its affiliate’s conversational AI engine, Cyberbank Konecta, which was integrated into the existing tech stack […]

HouseAmp Emerges as One of the Best Kept Secrets for Real Estate Brokerages, Unveiling Enterprise Broker Partners and Nationwide Territory Expansion

HouseAmp white-label concierge service for real estate brokerages HouseAmp, the groundbreaking fintech firm empowering a brokerage’s ability to offer homeowners financing for pre-sell renovations, staging, and more, has quietly built traction and momentum among top brokerages in the residential real estate industry. Its customizable, white-labeled concierge service is recognized as the “best-kept secret” for real […]

Flash News: OKX Wallet now integrated with Bucket Protocol

SAN FRANCISCO, Aug. 08, 2023 (GLOBE NEWSWIRE) — OKX, a leading Web3 technology company, has issued updates for August 8, 2023. OKX Wallet now integrated with Bucket Protocol The OKX Wallet web extension allows you to easily experience Bucket Protocol in just a few clicks. Bucket Protocol is a decentralized protocol enabling digital asset holders […]

Rapid Finance Extends Availability of API Service as New York’s Commercial Financing Disclosure Law Takes Effect

BETHESDA, Md.–(BUSINESS WIRE)–Rapid Enterprise, a division of Rapid Finance, an industry leader in delivering automated and scalable Lending-as-a-Service (LaaS) solutions to support the growth and success of small businesses, announced the availability of its SMB Disclosure Service, a standalone Software-as-a-Service (SaaS) Regtech module, to support business lenders and financing companies in complying with New York’s […]

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