Techwire


Cambridge Global Payments Launches Its Latest Open API Platform

Updated platform will enhance the developer experience and increase usability of objects TORONTO–(BUSINESS WIRE)–Cambridge Global Payments (“Cambridge”), a FLEETCOR company (NYSE: FLT) and a provider of integrated cross-border payments and currency risk management solutions, is pleased to announce it is launching an enhanced version of the Application Programming Interface (API) platform that will open it […]

Returnly Launches In-Store Returns, Helping Ease Customer and Merchant Losses Exacerbated by COVID-19

New Solution Enables Safe, Contactless Drop-Offs Ahead of Peak Holiday Return Season SAN FRANCISCO–(BUSINESS WIRE)–Returnly, the leader in digital return experiences and post purchase payments, today announced the release of In-Store Returns, a new solution that enables retailers and brands to offer safe, convenient online return drop-offs at brick-and-mortar locations. Shoppers can quickly return online […]

Green Dot to Collaborate with Google Pay to Offer Plex Accounts

PASADENA, Calif.–(BUSINESS WIRE)–#BaaS–Green Dot Corp. (NYSE: GDOT), a financial technology and registered bank holding company, today announced plans to work with Google Pay to offer Plex Accounts to customers: a safe, simple and helpful new option for transacting and managing their money. “We are excited to integrate Green Dot’s safe and seamless financial tools into […]

Citi Selects Mastercard as Network Partner for the Citi Plex Account by Google Pay

The Citi Plex Account Will Focus on Simpler, Smarter, Secure Money Management NEW YORK–(BUSINESS WIRE)–Today, Citi announced it has selected Mastercard as its network partner for the Citi Plex Account on Google Pay, a new digital checking and savings account built with financial wellness and mobile functionality at the core of the design to make […]

Seoul Fintech Lab Supports Korean Fintech Startups to Move Into Europe

To Organize Online Meet-up with Luxembourg Investors and Financial Industry Experts SEOUL, South Korea–(BUSINESS WIRE)–#10XExtensionInLuxembourg—Seoul Fintech Lab, launched by the Seoul Metropolitan Government in an effort to make the city one of the world’s financial centers, will hold an online meet-up 10X Extension in Luxembourg on November 26 for networking and investor relations sessions between […]

Marqeta Continues European Growth, Signing Three New Digital Banking Customers

Marqeta is supporting the development and launch of three new digital banks across the UK and Europe LONDON–(BUSINESS WIRE)–Marqeta, the global modern card issuing platform, announced today that it has won three new digital banking clients in the UK and Europe, with all expected to go live with Marqeta in 2021. Its European Digital Banking […]

USA Technologies Announces Rebrand to Cantaloupe

New Name Better Aligns with Company’s New Vision, Mission and Values MALVERN, Pa.–(BUSINESS WIRE)–$USAT #Cantaloupe—USA Technologies, Inc. (OTC: USAT) (“USAT”), a cashless payments and software services company that provides end-to-end technology solutions for the self-service retail market, today announced that it will transition its corporate identity to exclusively operate under the name Cantaloupe, Inc. The […]

Shield Compliance Selected by Salal Credit Union as Cannabis Banking Technology Partner

Automating compliance with Shield’s technology platform will allow Salal to scale its program to meet the growing demand for cannabis banking services. SEATTLE–(BUSINESS WIRE)–#CannaBanking–Shield Compliance (https://www.shieldbanking.com/), a comprehensive compliance management platform for banking legal cannabis-related businesses (CRBs), announced a partnership with Seattle-based cannabis banking leader Salal Credit Union. Under the terms of the agreement, Salal […]

Cardless Launches Co-Branded Credit Card Platform

Growing consumer credit card financial technology firm raises over $10M in capital Cardless platform allows brands of all sizes to engage their superfans through novel and innovative rewards programs SAN FRANCISCO–(BUSINESS WIRE)–Cardless, Inc. (“The Company”), a consumer credit card financial technology firm that helps brands launch and run custom co-branded credit card programs, today announced […]

Guidewire Integration with Betterview Provides Insurers with Access to Superior Property Data and Visual Analytics

Upgraded integration with Betterview, a Silver Sponsor for Guidewire Connections Reimagined, will allow P&C underwriters to access and act on Betterview’s property data and aerial imagery directly in the latest versions of Guidewire PolicyCenter SAN FRANCISCO–(BUSINESS WIRE)–Betterview, an insurtech startup which is quickly becoming the platform essential to every transaction around buildings and properties, today […]

Veem expands US product offering to simplify domestic business payments

Veem’s latest US product offering positions the firm to become go-to domestic payment option for businesses San Francisco, Nov. 18, 2020 (GLOBE NEWSWIRE) — Veem, a leading provider of online payment solutions for small-to-midsize businesses, today announced the launch of Veem Check. With this new product functionality, US-based users can now issue all of their […]

CyberGRX Exchange Brings Actionable Insights to Third-Party Cyber Risk Management Market

Validated data from nearly 90,000 organizations informs enterprise roadmap to secure vendor ecosystem DENVER–(BUSINESS WIRE)–CyberGRX, provider of the world’s first and largest global cyber risk exchange, today published their inaugural issue of CyberGRX Exchange Insights. The report, compiled by the CyberGRX Data and Analytics team, reveals trends and challenges organizations of all sizes face in […]

NestEgg Raises $7M Series A and Launches Interest-Free Payment Service

Property management platform that empowers independent landlords to effortlessly manage their rental properties and boost cash flow CHICAGO–(BUSINESS WIRE)–NestEgg, a startup building the future of residential rental property management, today announced it has raised $7 million in Series A investment funding from a strategic group of fintech and proptech investors. Hyde Park Venture Partners led […]

Insurity Announces New ‘Bridge Specialty Suite’ Templates to Improve Speed-to-Market and Reduce Implementation Costs for Specialty Lines Insurers

New Templates Simplify Professional Liability, Marine Cargo, and Commercial Package Policy LOBs HARTFORD, Conn.–(BUSINESS WIRE)–Insurity, LLC, a leading provider of cloud-based core system solutions and data analytics for the world’s largest insurers, brokers, and MGAs, today announced new out-of-the-box templates for its cloud-based Bridge Specialty Suite. The new templates for professional liability, marine cargo, and […]

CORO Granted 3 New U.S. Money Transmitter Licenses as It Moves Towards Becoming a Nationwide Gold Payment Platform

MIAMI–(BUSINESS WIRE)–Coro Global Inc. (OTCQB:CGLO) today announced its subsidiary Coro Corp. has been granted a Money Transmitter license in three new states over the past week, as it continues to spread accessibility to its gold payment app across the country. Residents of Georgia, Rhode Island and South Dakota will now have access to CORO – […]

Aite Group Announces Winners of the 2020 Impact Innovation Awards in Cash Management and Payments

Aite Group will recognize the innovative financial institutions that have leveraged best-in-class technology during an awards presentation at the Innovation in Cash Management & Payments Forum being held virtually December 10 and 11. BOSTON, Nov. 18, 2020 (GLOBE NEWSWIRE) — Aite Group is pleased to announce the winners of the 2020 Impact Innovation Awards in […]

150 Financial Institutions Select Access Softek’s Open Financial Exchange (OFX) Server

BERKELEY, Calif.–(BUSINESS WIRE)–Access Softek, Inc., an omnichannel digital banking platform provider, signed its 150th financial institution customer to its Open Financial Exchange (OFX) Server. OFX makes it possible for small and medium size financial institutions to connect directly with their small and medium business (SMB) customers and members who use Intuit’s QuickBooks. According to a […]

VMware Announces Availability of Enterprise Blockchain Platform

PALO ALTO, Calif.–(BUSINESS WIRE)–VMware, Inc. (NYSE: VMW) today announced the commercial availability of VMware Blockchain to provide a digital foundation that enterprises can trust to build business networks and deploy business-critical decentralized applications. With VMware Blockchain, businesses are provided an extensible and scalable enterprise-grade platform to unlock data silos and free up data to flow […]

Visa Expands Fast Track Program to Enable Next Generation of Fintechs to Rebuild the Global Economy

Visa adds new Partner Toolkit and Visa Ready Fintech Enabler certification to Fast Track program Fast Track program grows 360% year-over-year, supports accelerating industries including digital wallets, financial inclusion, business-to-business (B2B) and digital currency payments SAN FRANCISCO–(BUSINESS WIRE)–The COVID-19 pandemic has created major financial challenges for businesses and consumers alike. As money management becomes increasingly […]

New Omniscience Solution Optimizes Life Insurance Risk Selection

Ultrafast Acceptance Decisions lead to Rapid Customer Acquisition and Long-Term Compounding Successes for Insurers PALO ALTO, Calif.–(BUSINESS WIRE)–#Insurance–With the launch of its new OmniExtract customer intelligence solution, Omniscience makes it possible, for the first time, to make automated, rapid, and sophisticated life insurance underwriting decisions about new customers, regardless of whether the potential insured has […]

  Insider Intelligence Expands Into Financial Services

  Company to provide valuable analysis and research on digital disruption of finance, banking, and ecommerce sectors Insider Intelligence formed by combination last year of eMarketer and Business Insider Intelligence NEW YORK–(BUSINESS WIRE)–Insider Intelligence today announced its expansion into financial coverage, bringing to the world of finance its unique style of robust yet digestible industry analysis, […]

Hurricane Electric Expands Global Network to Sixth Location in Frankfurt With New Point of Presence at ITENOS

Twelfth Point of Presence in Germany will provide robust, high-speed IP transit to this global financial capital FRANKFURT & FREMONT, Calif.–(BUSINESS WIRE)–Hurricane Electric, the world’s largest IPv6-native Internet backbone announced today that it has deployed a new Point of Presence (PoP) in ITENOS’s Frankfurt FRA 1 data center. The new PoP is located at 90 […]

Newsweek Names First Internet Bank Best Small Business Checking Account

FISHERS, Ind.–(BUSINESS WIRE)–First Internet Bank announced today that it has been recognized for offering the “Best Small Business Checking Account” in Newsweek’s America’s Best Banks 2021. First Internet Bank President and CEO David Becker said, “Long before I started First Internet Bank, I was a small business owner and lifelong entrepreneur. Owning a small business […]

PureFacts Financial Solutions acquires Quartal Financial Solutions to become a global WealthTech leader

TORONTO–(BUSINESS WIRE)–#AI—PureFacts Financial Solutions, a leading WealthTech provider of fees, reporting and AI-powered predictive analytics solutions, has acquired Quartal Financial Solutions, Europe’s leading provider of fee billing and commission solutions for the financial and insurance industries. This acquisition further strengthens PureFacts’ ability to provide mission critical, AI-driven and regulatory compliant fee solutions to its marquee […]

The Tech Tribune: 2021 Best Tech Startups in Minneapolis

NEW YORK–(BUSINESS WIRE)–#business—The Tech Tribune staff has compiled the very best tech startups in Minneapolis. In doing our research, we considered several factors including but not limited to: Revenue potential Leadership team Brand/product traction Competitive landscape Additionally, all companies must be independent (un-acquired), privately owned, at most 10 years old, and have received at least […]

Bank Director Releases 2021 Bank M&A Survey Results

Results Reveal Barriers to Making Deals Remain High; Market Uncertainty Stalls Growth Plans BRENTWOOD, TENN., Nov. 17, 2020 (GLOBE NEWSWIRE) — BRENTWOOD, TENN., Nov. 17, 2020 – Bank Director, the leading information resource for directors and officers of financial institutions nationwide, today released its 2021 Bank M&A Survey, sponsored by Crowe LLP. Findings indicate that […]

Northstar Announces $10.7M in Funding to Support Employees’ Financial Wellness Through Personalized Advice and Automation

Northstar customers include leading employers Zoom, ServiceTitan, and Thumbtack LOS ANGELES–(BUSINESS WIRE)–Northstar, a fintech company that enables employers to offer financial wellness as an employee benefit, announced $10.7 million in financing, including a new $7.3 million Series A led by M13 with participation from Foundation Capital and Workday Ventures. The investment comes on the heels […]

AM BestTV Presents The Entrepreneurial Agent/Broker: Insurtech Drives Distribution Innovation

OLDWICK, N.J.–(BUSINESS WIRE)–In AM Best’s four-part series, “The Entrepreneurial Agent/Broker,” top industry leaders will discuss how tomorrow’s insurance coverages, business models and risk strategies get their start, often in the field crafted by innovative agents and brokers. This segment looks at how managing general agents (MGA) are assuming leading roles as insurance innovators, using insurtech […]

Mambu Joins Forces with Alchemy to Deliver World-Class Lending Operating System and Workflow Engine

Leading lending technology providers partner to deliver first-of-its-kind decisioning platform MIAMI–(BUSINESS WIRE)–Mambu, a global cloud banking platform, and Alchemy, a leading cloud-based digital banking solutions provider for U.S.-based financial institutions (FIs), today announced the two providers have partnered to deliver a faster, more agile lending decisioning engine for community banks and credit unions. Together, the […]

RWM Partners with Tavant for Enterprise-wide Digital Transformation

Lender streamlines GNMA cap reports 80% savings with GNMA Capital Markets, the new automated disclosure process SANTA CLARA, Calif.–(BUSINESS WIRE)–#digitallending—Tavant, a Silicon Valley-based digital lending solutions leader, today announced it has partnered with RWM Home Loans, a San Diego-based independent mortgage bank, to complete an enterprise-wide digital transformation that streamlines the digital mortgage lifecycle, generates […]

DHgate Participates in Organizing Public and Private Collaboration to Empower Women with Technology

The Women Connect Global Summit for Women at the Crossroads BEIJING–(BUSINESS WIRE)–As the world continues to grapple with the COVID-19 pandemic, an international conference, the Women Connect Global Summit, was held online to address the difficulties and challenges faced particularly by women during this unprecedented crisis. The summit, jointly organized by the China Chamber of […]

Sontiq™ and Breach Clarity Strike Exclusive Industry Partnership

Sontiq’s Solutions, including IdentityForce® and EZShield®, Equip Individuals with Personalized Breach Risk Intelligence For Unprecedented Insight & Recommendations to Mitigate Data Breach Impact BOSTON–(BUSINESS WIRE)–#IntelligentIdentitySecurity—Sontiq, the leader in Intelligent Identity Security, today announced an exclusive industry partnership with Breach Clarity, an award-winning Fintech provider. Sontiq will infuse Breach Clarity’s product, which includes an algorithm-based and […]

AffiniPay Launches Integration with BQE CORE Software to Provide Contactless Payment Options to Architects, Engineers, Accountants and Attorneys

Electronic Payment Options Boost End of Year Cash Flow for Professionals Looking for Secure Payment Options AUSTIN, Texas–(BUSINESS WIRE)–AffiniPay, the technology behind the payment solutions LawPay, CPACharge, AffiniPay for Associations and DesignPay, is launching contactless payment solutions for all BQE Software clients. This integration will allow BQE CORE clients to shift their acceptance of payments […]

 Introducing Toast Go® 2 and Toast Order & Pay®: Contactless Suite Empowers Restaurateurs to Keep Guests Safe and Grow Average Check Size to Navigate This Winter

 Toast customers increase orders by 31 percent with Toast Go® 2, check size by 45 percent with Toast Order and Pay® despite continuous industry changes due to the COVID-19 health crisis BOSTON–(BUSINESS WIRE)–#cloudtechnology—Toast, the leading restaurant management platform, today unveiled the next generation of its mobile handheld point of sale: Toast Go® 2. Along with […]

 Introducing Toast Go® 2 and Toast Order & Pay®: Contactless Suite Empowers Restaurateurs to Keep Guests Safe and Grow Average Check Size to Navigate This Winter

 Toast customers increase orders by 31 percent with Toast Go® 2, check size by 45 percent with Toast Order and Pay® despite continuous industry changes due to the COVID-19 health crisis BOSTON–(BUSINESS WIRE)–#cloudtechnology—Toast, the leading restaurant management platform, today unveiled the next generation of its mobile handheld point of sale: Toast Go® 2. Along with […]

Customers Bank Joins MaxMyInterest Platform to Offer Ultra-Fast Account Opening and Premium Interest Rates

Partnership another milestone in digitization journey. WEST READING, Pa. & NEW YORK–(BUSINESS WIRE)–$CUBI #MaxMyInterest—Customers Bank (NYSE: CUBI), a digital-first, fintech-forward financial institution with a growing national presence, today announced its nationwide collaboration with MaxMyInterest (Max)*, an intelligent cash management platform for individual clients and financial advisors. “Customers Bank has demonstrated a commitment to innovation, and […]

Netcapital Inc. Portfolio Company ChipBrain Successfully Completes Digital Capital Raise, Paving The Way For Its Next Phase of Growth

ChipBrain empowers business communication with emotionally intelligent AI The company’s machine learning models outperform state-of-the-art emotion prediction and sentiment analysis models Pilot launch with customers across key industries – December 2020 Large-scale launch of subscription model capable of fully integrating with communication and CRM platforms – Mid 2021 BOSTON–(BUSINESS WIRE)–$VSTRD #AI–Netcapital Inc. (OTC: VSTRD) announced […]

Clearlake Capital-Backed Zywave Acquires Advisen, a Preeminent Insurance Data & Technology Provider, Further Bolstering Its Market-Leading Position

Together with Zywave’s existing P&C offerings, Advisen’s innovative data, media and technology solutions will amplify Zywave’s existing product portfolio and accelerate its global footprint MILWAUKEE, Nov. 17, 2020 (GLOBE NEWSWIRE) — Insurance technology provider, Zywave, today announced the acquisition of Advisen, the foremost provider of data, media and technology solutions for the commercial property and […]

Global Mobile Wallet Industry to 2028 – Flourishing m-Commerce Industry, Proliferation of Smartphones and Internet Penetration, Driving Growth

Dublin, Nov. 17, 2020 (GLOBE NEWSWIRE) — The “Mobile Wallet Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2020-2028” report has been added to ResearchAndMarkets.com’s offering. This report analyzes the global mobile wallet market in terms of application, end-use, and geography. On the basis of application, the […]

U.S. Cards and Payments Industry Analysis 2016-2024 – Shift in Consumer Spending Due to COVID-19 Could Drive Away $100Bn Annually from Credit Cards to Debit Cards

Dublin, Nov. 17, 2020 (GLOBE NEWSWIRE) — The “United States of America (USA) Cards and Payments – Opportunities and Risks to 2024” report has been added to ResearchAndMarkets.com’s offering. This report provides detailed analysis of market trends in the US cards and payments industry. It provides values and volumes for a number of key performance […]

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