Techwire


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 […]

UDoTest Partners with Zenefits to Provide COVID-19 Testing with Payroll

BOSTON, July 16, 2020 (GLOBE NEWSWIRE) — UDoTest, a Massachusetts-based software company focused on B2B, at-home, health screening, today announced a partnership with Zenefits to offer small and mid-sized employers access to UDoTest’s fast, reliable, Employer Coronavirus testing service. Via this partnership, Zenefits, a leading provider of human resources (HR) software which streamlines workflows by […]

AM Best: Insurers Boost Private Equity Holdings 10% in 2019 (AM BestTV)

OLDWICK, N.J.–(BUSINESS WIRE)–In this episode of AMBestTV, Jason Hopper, associate director, industry research and analytics of AM Best, said that insurers have increased their private equity holdings by 10% year over year to $81 billion in 2019. Click on http://www.ambest.com/v.asp?v=privateequity620 to view the entire program. Hopper said that insurers have been shifting more money to […]

LeaseLock Unveils Faster, Simpler One-Click Claims

Major product update creates an automated claims experience for enterprise multifamily operators MARINA DEL REY, Calif.–(BUSINESS WIRE)–LeaseLock, the first and only nationwide A-rated lease insurance provider that totally eliminates security deposits, surety bonds, and guarantors in rental housing, today announced a major product release that deeply integrates into property software systems to make claims faster, […]

LawPay Launches Integration with Big Law Legal Tech Solution Aderant

AUSTIN, Texas–(BUSINESS WIRE)–AffiniPay, the technology behind the payment solutions LawPay, CPACharge, AffiniPay for Associations and DesignPay, are excited to announce a new payment integration agreement with Aderant for Expert clients. AffiniPay’s Custom Solutions Team, a branch of their engineering organization that works directly with individual law firms to discover and meet their unique payment needs, […]

Vericred Launches ICHRA Affordability Calculator API

Expands infrastructure powering ICHRA solutions for brokers and employers NEW YORK–(BUSINESS WIRE)–#HRA—Vericred, a data services company simplifying the exchange of health insurance and employee benefits information, today announced the immediate availability of its ICHRA Affordability Calculator API. This new functionality is an extension of Vericred’s ICHRA Development Kit, which enables HRtech and InsurTech companies to […]

VendEngine Launches E-Learning Digital Education Platform for Inmates

Company Partners with MaxxContent to Reduce Recidivism through Education and Workforce Development NASHVILLE, Tenn.–(BUSINESS WIRE)–VendEngine, Inc., a leading software provider in the corrections industry, announced today that the company has partnered with MaxxContent to provide educational solutions across VendEngine’s software and hardware technologies for county, state and federal correctional facilities. The platform will provide educational […]

CPI Card Group® and Prodigy Bring Instant Issuance to Credit Unions via Core Integration

Companies Integrate CPI®’s [email protected]® with Prodigy’s Core System to Streamline Instant Issuance LITTLETON, Colo.–(BUSINESS WIRE)–CPI Card Group Inc. (OTCQX: PMTS, TSX: PMTS) (“CPI” or the “Company”), a payment technology company and leading provider of credit, debit and prepaid solutions, today announced a collaboration with Prodigy, a Salt Lake City-based Credit Union Service Organization (CUSO) and […]

Fifth Third Bank and Trust & Will Announce Strategic Relationship to Help Customers Protect and Secure Their Families’ Financial Future

CINCINNATI–(BUSINESS WIRE)–Fifth Third Bank, National Association, and Trust & Will announced today a new strategic relationship to further help Fifth Third’s customers protect and secure their families’ financial future. Fifth Third customers will be able to prepare an estate plan online through Trust & Will in a matter of minutes and will have access to […]

Altamaha Bank Partners with Ondot Systems to Modernize Debit Card Experiences

Ondot’s Card App connects Altamaha’s debit cards with customers’ mobile phones, allowing cardholders to manage their cards and get spending insights from anywhere Santa Clara, California, July 16, 2020 (GLOBE NEWSWIRE) — Ondot Systems, the digital card services provider for credit and debit issuers, has been selected by Altamaha Bank (Vidalia, Ga.) to provide Card […]

OCTO Telematics Announces OCTO Smart KeyLess

Wire-free installation Installed in less than 15 minutes Suitable for a wide variety of vehicle brands and models Continuous operation even in the absence of GSM coverage No interference with the manufacturers on-board technology More efficient rental process ROME–(BUSINESS WIRE)–#carsharing–OCTO Telematics has extended its range of services to combine the needs of fleet managers, carsharing […]

TMC Community Capital Launches Grant Program with Support from Signature Bank and TMC Financing, Allowing Bay Area and Los Angeles Residents to Nominate Local Businesses as Potential Recipients

Nonprofit Fintech Lender receives donations from Signature Bank and TMC Financing to Fuel Local Grant Program in Support of Bay Area- and Los Angeles-based Small Businesses OAKLAND, Calif.–(BUSINESS WIRE)–TMC Community Capital, a new nonprofit fintech lender focused on lending to women entrepreneurs in California, announced today the launch of its Small Business, Big Heart Grant […]

Elevate’s Rise Brand Announces Partnership with SpringFour

FORT WORTH, Texas–(BUSINESS WIRE)–Elevate Credit, Inc. (“Elevate”), a leading tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, announced today a new partnership between its Rise brand and SpringFour, a social impact fintech company. Under the partnership, all Rise customers will gain access to SpringFour’s database of trusted local, state and national […]

AM Best: Florida Personal Property Writers Challenged Even Without a Hurricane (AM BestTV)

OLDWICK, N.J.–(BUSINESS WIRE)–In this episode of AMBestTV, Michelle Baurkot, director, and Chris Draghi, senior financial analyst, both of AM Best, said that Florida writers struggled to turn a 2019 underwriting profit even with the absence of a major hurricane. Click on http://www.ambest.com/v.asp?v=ambfloridareport720 to view the entire program. Prior to the COVID-19 pandemic, Florida’s personal property […]

Securian Financial and Temenos Launch Integrated Credit Protection Claims Solution for Credit Unions

ST. PAUL, Minn.–(BUSINESS WIRE)–Securian Financial and Temenos, the banking software company, have joined forces to create a real-time, integrated solution to make it easier and more efficient for credit unions to manage their members’ credit protection claims. Securian Financial has offered credit protection products through credit unions since 1951. The products include debt protection and […]

How Is Big Data Transforming the Food Industry? | Head to Quantzig’s Recent Article to Find out

Big data analytics experts at Quantzig reveal hidden opportunities and patterns that can be used in agriculture to get better yields A detailed analysis by Quantzig helped reveal that food companies that leverage big data analytics can increase their profit margins by gaining actionable insights into processing and transportation of food LONDON–(BUSINESS WIRE)–#BigData–Quantzig, a leader […]

IMS expands European presence with launch of UBI product for German ADAC Autoversicherung AG

“ADAC is a prestigious organization with a high reputation and strong customer values, so we are thrilled to be associated with them through this project,” said Bob Skerrett, CEO of the Insurance Solutions division of IMS. “In the wake of Covid-19, we are seeing a pronounced spike in demand for this kind of solution, and […]

AWS and HSBC Reach Long-Term Strategic Cloud Agreement

One of the world’s largest financial services organizations collaborates with AWS to deliver new products, enhance customer experiences, and drive digital transformation SEATTLE–(BUSINESS WIRE)–Today, Amazon Web Services (AWS), an Amazon.com company (NASDAQ: AMZN), announced that HSBC Holdings plc (NYSE: HSBC) has selected AWS as a key, long-term strategic cloud provider to drive their digital transformation […]

FlexTRADER EMS Now Offering Liquidnet Targeted Invitations

LONDON–(BUSINESS WIRE)–#fintech—FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems announces direct availability of Liquidnet’s Targeted Invitations in its multi-asset trading blotter for equities. The functionality provides traders with targeted natural liquidity from other Liquidnet buy-side members and selected brokers, directly into the parent order blotter. With a minimum order size […]

ACI Worldwide to Deliver Fraud Prevention in the Cloud to All Customers Globally

Part of ACI’s Covid-19 rapid response program, ACI’s award-winning fraud prevention solution is now globally available as ‘Software as a Service’ offering NAPLES, Fla. & LONDON–(BUSINESS WIRE)–#ACI—ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced that ACI Proactive Risk Manager and ACI Model Generator, part of ACI’s […]

Dominate on a Different Scale: Razer Unveils the Razer Huntsman Mini

Razer’s first ever 60% keyboard built with community-driven improvements is now available with traditional clicky or newly improved linear optical switch options IRVINE, Calif.–(BUSINESS WIRE)–#60percent–Razer™, the leading global lifestyle brand for gamers, today announced the Razer Huntsman Mini 60% optical gaming keyboard. This new ultra-compact form factor keyboard is the latest addition to the Huntsman […]

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