Techwire


CompoSecure Chief Revenue Officer Named a Winner in the PayTech Awards 2023

Amanda Gourbault honored with Woman in PayTech – Spearheading Growth Award Amanda Gourbault Amanda Gourbault, Chief Revenue Officer of CompoSecure. SOMERSET, N.J., July 11, 2023 (GLOBE NEWSWIRE) — CompoSecure, Inc. (Nasdaq: CMPO), a leader in metal payment cards, security, and authentication solutions, announced today that Chief Revenue Officer, Amanda Gourbault, was named the winner of […]

Veritex Holdings, Inc. Announces Dates of Second Quarter 2023 Earnings Release and Conference Call

DALLAS, July 11, 2023 (GLOBE NEWSWIRE) — Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex” or “the Company”), the parent holding company for Veritex Community Bank, today announced that it plans to release its second quarter 2023 results after the close of the market on Tuesday, July 25, 2023. The earnings release will be available on the Company’s […]

Customers Bank Onboards Former Signature Venture Banking Team

MALVERN, Pa.–(BUSINESS WIRE)–$CUBI #Tech–Customers Bank, the $21 billion asset subsidiary of Customers Bancorp (NYSE:CUBI), announced today it has completed the onboarding of a nearly 30-member venture banking team formerly employed by Signature Bank. Initially, this team will handle the transfer and servicing of about 150 loans in Customers Bank’s recently acquired $631 million venture banking […]

Financial Institutions See Significant Drop in Account-to-Account Transfer Fraud After Roll Out of Real-Time Risk Scoring from Fiserv

New TransferNow® capabilities enable financial institutions to enhance end-to-end risk management while providing a better customer experience BROOKFIELD, Wis.–(BUSINESS WIRE)–Financial institutions are reducing fraud losses, improving internal processes and enhancing the customer experience with the implementation of two new capabilities from Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology […]

Balance Introduces Surcharging Program to Alleviate B2B Credit Card Burdens for Merchants

Balance’s surcharging capability empowers B2B suppliers with the agility to thrive in the fast-moving ecommerce industry by enabling them to offer credit card payments that were once cost-prohibitive. NEW YORK–(BUSINESS WIRE)–Balance, the preferred B2B payment platform for leading businesses, announced today the launch of its surcharge solution. This capability enables suppliers to implement a surcharge […]

Passthrough And STP Investment Services Announce Strategic Partnership to Enhance Investor Experience and Operational Efficiencies

NEW YORK–(BUSINESS WIRE)–Today, Passthrough, a leader in fund workflow automation for investors, fund managers, and other fintechs, and STP Investment Services (STP), a leading technology-enabled services company, are excited to announce a strategic partnership to transform the investor onboarding experience and drive operational efficiencies for STP’s clients and their investors. STP serves as a trusted […]

Ubisoft further strengthens its Board with the proposed nomination of two new highly qualified independent directors

Ubisoft further strengthens its Board with the proposed nomination of two new highly qualified independent directors Critical role of Lead Independent Director reaffirmed with appointment of Claude France, recent Board joiner Paris, July 10, 2023 – Ubisoft is continuously adapting its organization to best respond to the rapidly changing industry while accelerating on the execution […]

Citi Commercial Bank Launches New Digital Client Platform, CitiDirect® Commercial Banking

NEW YORK–(BUSINESS WIRE)–Citi has announced the launch of a new platform, CitiDirect® Commercial Banking, specifically to address the needs of Citi Commercial Bank (CCB) clients. This is part of Citi’s significant strategic investment plan to meet the growing global needs of these clients by delivering a single-entry point digital platform. CitiDirect® Commercial Banking brings together […]

Pidgin Publishes New eBook to Prepare Financial Institutions for Faster Payments

ATLANTA–(BUSINESS WIRE)–Pidgin, a secure real-time payments platform built for the future of payments, today published its newest eBook, “Faster Payments Playbook: 3 Steps Financial Institutions Should Take to Prepare for FedNow.” This free eBook explores the key steps bank and credit union leaders should take to prepare as faster payments become more widespread with the […]

inDrive selects Nuvei to be its payments partner in Latin America

The world’s second most downloaded ridesharing mobility app partners with Nuvei to optimize payments to its drivers MONTREAL, July 10, 2023 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has been selected by inDrive, a mobility solutions provider available across 47 countries, […]

Microsoft Canada Recognizes Zafin as Winner of the 2023 ISV Impact Award

VANCOUVER, British Columbia, July 10, 2023 (GLOBE NEWSWIRE) — Zafin, the leading provider of SaaS product and pricing platform solutions for banks, is proud to announce it has won the 2023 Microsoft Canada ISV Impact Award. These annual Canadian awards recognize Microsoft partners who have enhanced the lives of Canadians by championing diversity and inclusion, […]

Convera Announces Final Closing of Western Union Business Solutions, Completing Global Transition

Former Western Union Business Solutions (WUBS) European business completes transition to Convera after $910 million acquisition in 2021 Acquisition positions Convera for continued growth globally after reporting record revenue through first half of the year. LONDON & SEATTLE–(BUSINESS WIRE)–Convera, a leading non-bank B2B fintech in global payments, today announced the completion of the acquisition of […]

Juniper Research: Digital Wallets Transaction Value to Surpass $16 Trillion Globally by 2028; Driven by Advanced Services  

BASINGSTOKE, United Kingdom, July 10, 2023 (GLOBE NEWSWIRE) — A new study from Juniper Research, the foremost experts in emerging payments, found the total value of digital wallets transactions will rise from $9 trillion in 2023 to surpass $16 trillion in 2028, growing by 77%. This trend is driven by growth across both developed and […]

Flash News – OKX Wallet integrated into Port3 Network

SAN FRANCISCO, July 09, 2023 (GLOBE NEWSWIRE) — OKX is proud to announce that Port3 Network has successfully integrated the OKX DEX API into their dApp. With this integration, users can now participate in tasks that involve cross-chain swap but are also able to swap directly on their platform. Port3 is the bridge between Web2 […]

National Bank Holdings Corporation Announces Date for 2023 Second Quarter Earnings Release

DENVER, July 07, 2023 (GLOBE NEWSWIRE) — National Bank Holdings Corporation (NYSE: NBHC) expects to report its second quarter financial results after the markets close on Wednesday, July 19, 2023. Management will host a conference call to review the results at 11:00 a.m. Eastern Time on Thursday, July 20, 2023. Interested parties may listen to […]

Global Memory Cards Market to Reach $10.8 Billion by 2030

The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet. New York, July […]

ICE Sees Strong Demand for Global Soft Commodity Markets as Markets React to Changing Weather Patterns

NEW YORK & LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, and home to the largest soft commodity futures and options markets in the world, today announced strong first half volumes and open interest across soft commodities as customers respond to changing weather patterns and its impact on […]

Coachella Valley Giving Day Returns on March 5, 2024

FirstBank and Desert Community Foundation Call on Community to Support Local Nonprofits PALM SPRINGS, Calif., July 07, 2023 (GLOBE NEWSWIRE) — Coachella Valley Giving Day (CV Giving Day) returns to the Coachella Valley on Tuesday, March 5, 2024. This 24-hour online philanthropic event brings the community together to raise funds and awareness for local nonprofits. […]

FIS On the Ready to Support Federal Reserve’s New Instant Payment Service

Key facts FIS is among the first in the fintech industry to complete testing and certification for the FedNow Service®. By completing the certification, FIS can help its financial institution clients tap into 24x7x365 instant payments through the FedNow Service. JACKSONVILLE, Fla.–(BUSINESS WIRE)–FIS® (NYSE: FIS), a global leader in financial services technology, has announced it […]

Flash News: OKX Adds OP, MASK and LINK to its Dual Investment Structured Product

NASSAU, Bahamas, July 07, 2023 (GLOBE NEWSWIRE) — OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, has issued updates for the day of July 7, 2023. OKX Adds OP, MASK and LINK to its Dual Investment Structured Product OKX has introduced three new additions to its Dual Investment product: […]

Root, Inc. Schedules Conference Call to Discuss Second Quarter 2023 Financial Results

COLUMBUS, Ohio, July 06, 2023 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced its plans to host a conference call to discuss financial results for the second quarter on Thursday, August 3, 2023 at 8:00 a.m. Eastern Time. The company plans to release second quarter results in […]

Nova Vision Acquisition Corp. Announces Extension of Combination Period and Additional Contribution to Trust Account to Extend Combination Period to August 10, 2023

Singapore, July 06, 2023 (GLOBE NEWSWIRE) — Nova Vision Acquisition Corp. (NASDAQ: NOVV, the “Company”), a special purpose acquisition company, announced today that Nova Pulsar Holdings Limited, the Company’s initial public offering sponsor (“Sponsor”), has deposited into the Company’s trust account (the “Trust Account”) an aggregate of $75,030.26 (representing approximately $0.0416 per ordinary share issued […]

Thorn Technologies Launches SaaS SFTP Service for Cloud Storage with SFTP Gateway Single User Plan

COLUMBIA, Md.–(BUSINESS WIRE)–Thorn Technologies, a leading provider of managed file transfer solutions, has launched their popular SFTP Gateway product as a SaaS service. With thousands of users already relying on SFTP Gateway self-managed plans through the AWS, Azure, and Google Cloud marketplaces, the SaaS version further simplifies the process of providing secure and affordable file […]

Don’t leave California [Florida, etc.] yet: A new, equitable alternative for P&C insurers that have stopped writing policies in many states

Many insurance carriers are leaving challenging insurance markets due to unprecedented inflation, broadening severity of claims, and more frequent weather events but there is better way to stratify the risk of prospects and customers in an equitable and profitable manner San Mateo, California, July 06, 2023 (GLOBE NEWSWIRE) — Pinpoint Predictive Inc., an AI-powered platform […]

Principal® Joins Industry Consortium to Support Automatic Portability of U.S. Retirement Accounts

DES MOINES, Iowa–(BUSINESS WIRE)–Principal Financial Group® today announced it joined the Portability Services Network, LLC (PSN), a consortium of retirement plan service providers focused on helping America’s under-served and under-saved workers improve their retirement outcomes by making it easier to transfer their workplace retirement accounts when changing employers. Principal® is a board member and one […]

Bevel Acquired by The Avenue Z Network to Build First Digital Communications Unicorn

Global Consultancy Provides CEO Advisory Services Across Strategic Communications, PR, and Marketing NEW YORK–(BUSINESS WIRE)–Bevel, the top communications consultancy for tech and venture capital, today announced its acquisition by Avenue Z, founded by digital visionary Jeffrey Herzog, to build the first strategic communications unicorn. Herzog, previously founder of iCrossing, acquired by Hearst Media in 2010 […]

1Kosmos BlockID Product Lines Now Available in NayaOne FinTech Marketplace

Unified identity proofing and passwordless platform can be provisioned from leading ecosystem for financial services industry EAST BRUNSWICK, N.J.–(BUSINESS WIRE)–#Blockchain—1Kosmos, the company that unifies identity proofing and passwordless authentication, today announced the 1Kosmos BlockID distributed identity cloud service is now available on NayaOne, the leading fintech ecosystem platform for financial services providers. NayaOne makes the […]

LendingPoint Closes $900 Million Committed Forward Flow Program

New deal follows record growth for the company, expands LendingPoint’s forward flow program and origination capacity. ATLANTA–(BUSINESS WIRE)–The financial technology platform LendingPoint, today announced the closing of a $900 million, three-and-a-half-year forward flow committed purchase program with a notable asset management firm partner. This is the company’s largest and longest-term committed forward flow program to […]

Digital Platforms Fortify Banks Against Rising Competition

Traditional banks continue to adopt modular, cloud-based architectures to meet customer demand for easy digital experiences, ISG Provider Lens™ report says STAMFORD, Conn–(BUSINESS WIRE)–$III #BankingPlatforms–Banks still using legacy technologies are continuing to move toward modern digital platforms to better compete with emerging rivals, according to a new research report published today by Information Services Group […]

Quantitative Brokers Partners with Genesis Global to Launch Next-Gen Advanced Algorithm Monitoring Solution

Miami, July 06, 2023 (GLOBE NEWSWIRE) — Quantitative Brokers (QB), a global leader in advanced execution algorithms and data-driven analytics for futures, options and OTC fixed-income markets, and Genesis Global, the low-code application development platform for financial markets organizations, today announced a strategic partnership.  The collaboration will advance algo transparency, enhance trader productivity, and deliver […]

ICE to Launch Environmental Futures Market Based on Alberta’s Carbon Program

CALGARY, Alberta–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced plans to launch the first environmental futures market based on Alberta’s carbon program. ICE plans to launch physically delivered AB Emissions Offsets Futures (AEO) and AB Emissions Performance Credit Futures (AEPC) at ICE NGX, ICE’s physical energy […]

Fintech company Clair raises $175 million to launch first free, on-demand pay solution powered by FDIC-insured bank, to help front-line workers get paid same day

Powered by national banking partner Pathward®, N.A., Clair enables companies to offer unique employee benefits, improving financial health amid worker shortage NEW YORK–(BUSINESS WIRE)–Clair, a mission-driven fintech company, today announced it raised $175 million in funding to launch the first free, consumer-friendly, on-demand pay solution as a consumer lending program backed by an FDIC-insured bank. […]

FIS Accelerates Path to Create Two Highly Focused Independent Companies; Announces Agreement for GTCR to Acquire Majority Stake in Worldpay at $18.5 Billion Valuation

FIS to retain 45% ownership in Worldpay GTCR committed to invest up to $1.25 billion in additional growth capital to accelerate Worldpay growth strategy Upon closing of transaction, Charles Drucker to serve as CEO of Worldpay Company to host webcast to discuss transaction at 8:30 a.m. ET JACKSONVILLE, Fla.–(BUSINESS WIRE)–FIS® (NYSE: FIS), a global leader […]

United Agencies Inc. Selects Applied Pay to Increase Efficiency

California-based agency migrates to integrated digital payments solution to streamline accounting workflows University Park, IL., July 06, 2023 (GLOBE NEWSWIRE) — Applied Systems® today announced that United Agencies Inc. has selected Applied Pay™ to deliver a more efficient and customer-friendly digital payments process. The agency will leverage Applied Pay to simplify its premium collection process, […]

Ebix Provides a Strategic Update

JOHNS CREEK, Ga., July 06, 2023 (GLOBE NEWSWIRE) — Ebix, Inc. (NASDAQ: Ebix), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare, and e-learning industries, today provided a strategic update, detailing the multiple paths it is pursuing to achieve the stated aspirational goal of being a debt-free company in […]

Valligent Integrates with ICE Mortgage Technology to Provide Lenders with a Full Spectrum of Valuation Options

ROSEVILLE, Calif.–(BUSINESS WIRE)–Today, Valligent a market-leading appraisal management company, recently acquired by VerosTM, an industry leader in enterprise risk management and collateral valuation services, announced their integration to the ICE Mortgage Technology™ Platform. Through this integration, mortgage industry stakeholders have the most efficient access to all collateral valuation related products and services. The combined forces […]

SW Graduate School of Banking Foundation at the SMU Cox School of Business Congratulates Class of 2023 Graduates

Senior-level bankers from around the nation complete rigorous financial leadership development SWGSB Class of 2023 Graduates The SW Graduate School of Banking’s 64th graduating class consisted of senior-level bankers, representing more than 70 community banks, larger financial institutions and regulatory agencies from across the country. Dallas, TX (SMU), July 06, 2023 (GLOBE NEWSWIRE) — For […]

Global Embedded Finance Market Expected to Soar by 2030: Growing Business Adoption Fuels Market Expansion

Dublin, July 06, 2023 (GLOBE NEWSWIRE) — The “Embedded Finance Market Size, Share & Trend Analysis Report By Type (Embedded Payment, Embedded Insurance), By Business Model (B2B, B2C), By End-use, By Region, And Segment Forecasts, 2023 – 2030” report has been added to ResearchAndMarkets.com’s offering. The global embedded finance market size is expected to reach […]

South Africa Fintech Trends Report 2023: State of the Market, Fintech Startups, Traditional Banks and Fintech, & Regulations

Dublin, July 06, 2023 (GLOBE NEWSWIRE) — The “Fintech Trends in South Africa 2023” report has been added to ResearchAndMarkets.com’s offering. This report on fintech trends in South Africa includes information on the size of the market, fintech startups, traditional banks and fintech, regulations and the drivers of growth, trends and challenges in the sector. […]

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