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 […]
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, […]
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, […]
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 […]
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 […]
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 […]
Companies Integrate CPI®’s Card@Once® 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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
MIAMI–(BUSINESS WIRE)–Leading independent broker-dealer and RIA Insigneo has entered into a contractual partnership with technology pioneer Skience to build a state-of-the-art platform that combines the most advanced end-client connectivity with a customized workstation designed for advisors with global practices. The working partnership has a goal of rolling out a solution that increases automation, enhances integration […]
‘Goalkeeper’ runs seamlessly inside of Radius Bank’s online banking and mobile app to help customers save effortlessly BOSTON–(BUSINESS WIRE)–#Radiusadvantage—Radius Bank, a forward-thinking digital bank, today announced its deployment of Goalkeeper, an automated goals-based savings solution integrated within Radius Bank’s online and mobile banking channels. Goalkeeper is launched in partnership with leading fintech solution provider Harvest […]
— First half of 2020 sees Tavant fintech business expanding into banking, payments, and proptech — SANTA CLARA, Calif.–(BUSINESS WIRE)–#digitallending—Tavant, a Silicon Valley-based provider of AI-powered digital technologies, today announced key success milestones of its Fintech business achieved in the first half of 2020. While many companies were forced to scale back due to the […]
Update comes as pandemic drives more customers to use digital tools BIRMINGHAM, Ala.–(BUSINESS WIRE)–Regions Bank recently released an update to the Regions Mobile App for both iOS and Android devices. The update features a modern design with improved functionality to support more than 1.85 million customers who bank on the go using the app. But […]
Second Year Accelerator Kicks Off with Diverse Class of Founders Developing Products and Services Using Innovation and Technology to Create Access to a More Inclusive Global Financial System DENVER–(BUSINESS WIRE)–Western Union (NYSE: WU), a leader in cross-border, cross-currency money movement, and Techstars, the global platform for investment and innovation, today announced the launch of its […]
New study identifies how UK payments are changing amidst COVID-19 shelter-in-place and expected impact on the 2020 Christmas shopping season and beyond. LONDON–(BUSINESS WIRE)–daVinci Payments released a new national UK study identifying how people are making and receiving payments during shelter-in-place and how they intend to shop in the future. The “Future of Payments UK” […]
Insurtech solution combines underwriting, weather forensics and claims management, enhancing property experience across housing market Recent wins including Swiss Re provide a foundation for continued growth IRVINE, Calif.–(BUSINESS WIRE)–#Foreclosure–CoreLogic® (NYSE: CLGX), a leading global property data and analytics-driven solutions provider, today announced the deployment of its first fully integrated insurance solution that provides a one-stop […]
MIAMI–(BUSINESS WIRE)–NYMBUS®, a provider of the world’s most advanced financial services platform, today announced a new partnership with digital payments company Payrailz® to further enhance NYMBUS’ cloud-based SmartEcosystem™ of digital-first banking products and services. A revolutionary alternative to the legacy business model, NYMBUS has disrupted the market by allowing every size of financial institution to […]
By bringing together ChartIQ and Finsemble, fintech company plans to lead the charge on revolutionizing end-user workflow for finance and beyond. CHARLOTTESVILLE, Va.–(BUSINESS WIRE)–Financial technology company ChartIQ, today unveiled a new company name and logo, Cosaic, bringing together its charting software, ChartIQ, and smart desktop platform, Finsemble, under one brand. The name reflects the company […]
New Consulting Services Designed to Help SWIFT Customers Adhere to CSP Standards and Prepare for Audits PISCATAWAY, N.J.–(BUSINESS WIRE)–#cybercrime—Alacriti, a fintech company specializing in payments, technology outsourcing, and consulting, today announced that it has become a SWIFT Customer Security Program (CSP) partner. The company will begin offering consulting services to help SWIFT’s banking and securities […]
Sompo Himawari Uses Omniscience Artificial Intelligence as Part of new Consumer Service PALO ALTO, Calif.–(BUSINESS WIRE)–#Insurance–Omniscience today disclosed that Sompo Himawari Life Insurance Company has adopted Omniscience artificial intelligence (AI) technology as part of a new consumer service. This Omniscience technology is an important onramp for Computational Insurance™. “An entirely new business model is needed […]
ATLANTA–(BUSINESS WIRE)–#banks–William Mills Agency, the largest independent public relations and marketing firm specializing in the financial industry has created two new infographics detailing core banking vendor relationships for banks and credit unions. The data was compiled with the help of financial institution data and analytics platform provider, FI Navigator. Vendor market share is based on […]
Early Data from TRaiCE Suggests Over 50% Loss Mitigation for Lenders CHICAGO–(BUSINESS WIRE)–Menerva Software has released TRaiCE: An AI-based “early warning” system for business lenders to address flaws in Portfolio Monitoring. By combining a bank’s internal data with bureau and alternative data sources, TRaiCE’s proprietary, self-learning algorithm accurately predicts risk and suggests timely interventions. Rather […]
Firm raises largest flagship fund to date with a focus on early-stage investments in SaaS, consumer internet and financial technology MENLO PARK, Calif.–(BUSINESS WIRE)–DCM, an early-stage global venture capital firm, today announced it has closed its largest family of funds to date, totaling $880 million. The committed capital includes $780 million for DCM IX, its […]
The new options are part of Discover’s continued commitment to helping families finance a college education RIVERWOODS, Ill.–(BUSINESS WIRE)–Discover Student Loans is updating its product suite to give families more options and benefits when financing their college journeys. By launching a new Parent Loan and expanding its Rewards for Good Grades program to reward incoming […]
With the help of Marqeta’s modern card issuing platform, YAPEAL customers can set up a full Swiss current account in just ten minutes ZÜRICH–(BUSINESS WIRE)–Digital fintech start-up YAPEAL has launched a new, innovative digital wallet, powered by Marqeta’s modern card issuing platform. Having received the first ever fintech licence in Switzerland from FINMA, YAPEAL will […]
High net worth individuals show interest in sustainable investing, scrutinize fees and want hyper-personalization PARIS–(BUSINESS WIRE)–High Net Worth Individual1 (HNWI) wealth and population grew by almost 9% globally in 2019 despite a global economic slowdown, international trade wars and geopolitical tensions, finds the World Wealth Report 2020 from Capgemini. North America and Europe took the […]
Dividend receives SOC 2 Certification after rigorous 3-month auditing process by a “Big Four” auditing firm SAN FRANCISCO–(BUSINESS WIRE)–Dividend Finance, LLC (“Dividend” or the “Company”), a leading FinTech point-of-sale lender for home improvement and solar projects, has received their SOC (Service Organization Control) 2 Type 2 Accreditation, a process to ensure the suitability and effectiveness […]
SANTA CLARA, Calif.–(BUSINESS WIRE)–Aptos Solar Technology, a supplier of high-performance solar modules, is pleased to announce that its complete line of solar panels has been added to Loanpal’s approved vendor list. This new partnership will allow solar installers across the U.S. to offer Aptos Solar Technology solar panels with competitive financing options to residential customers. […]
AUSTIN, Texas–(BUSINESS WIRE)–FirstClose, Inc., a leading provider of technology solutions for banks and credit unions nationwide, has partnered with Temenos, the banking software company. With the integration of the FirstClose ONE™ platform into Temenos Infinity Loan Origination, customers can order instant and bundled reports on credit, flood, valuation, tax and title directly from the loan […]
CardUpdatr Provides Customers with Real-Time Automated Card-On-File Solutions SEATTLE–(BUSINESS WIRE)–#fintech—Strivve, Inc, Seattle-based financial technology company, today announced the availability of TopWallet™ Tools, its set of service enhancements optimized for easy brand engagement with cardholders across all card lifecycle events. For CardUpdatr customers, TopWallet Tools provides card issuers new marketing strategies designed to increase cardholder engagement […]
Leading cannabis data provider New Frontier Data launches industry-focused AdTech solution NXTeck WASHINGTON–(BUSINESS WIRE)–New Frontier Data, the global authority in data, analytics and business intelligence on the cannabis industry, unveils the cannabis industry’s first advertising data exchange connecting mainstream product advertisers to CBD consumers. Using patented technology powered by Lotame, the leading global provider of […]
Company Issues Statement to Disavow Practice of Withholding Reserves from Customers; Calls for Industry to Follow ALPHARETTA, Ga.–(BUSINESS WIRE)–MerchantE, a leading end-to-end digital commerce platform, reaffirms its commitment to growing businesses in response to recent reports of payment companies withholding money from customers. Addressing the topic, MerchantE’s CEO, Mike Rouse, states: “Small businesses are the […]
