Month : March 2021

Principal Financial Group Migrates to the FINEOS Platform to Deliver Advanced Digital Capability
Finance News

Principal Financial Group Migrates to the FINEOS Platform to Deliver Advanced Digital Capability

Fintech News Desk
by Fintech News Desk0
The cloud-based FINEOS Platform will enable the carrier to streamline their customer experience and adapt to changing customer expectations FINEOS Corporation, a leading core system provider for the global life, accident and health insurance industry, announced that Principal Financial Group will be migrating from their on-premise FINEOS Claims system to......
Silvergate Expands Reach of Bitcoin Collateralized USD Loans, Announces Fidelity Digital Assets
Cryptocurrency Fintech News

Silvergate Expands Reach of Bitcoin Collateralized USD Loans, Announces Fidelity Digital Assets

Fintech News Desk
by Fintech News Desk0
The announcement increases capital efficiency in the digital assets space and continues the rapid growth of SEN Leverage Silvergate Capital Corporation, the leading provider of innovative financial infrastructure solutions to the digital currency industry, announced Fidelity Digital Assets, a leading institutional focused execution and custody services platform provider, as a......
Quisitive Announces Agreement to Acquire BankCard USA
Digital Payments News Risk Management

Quisitive Announces Agreement to Acquire BankCard USA

Fintech News Desk
by Fintech News Desk0
Quisitive Technology Solutions Inc. a premier Microsoft Solutions Provider, is pleased to announce that it has entered into a stock purchase agreement dated March 29, 2021 to acquire BankCard USA Merchant Services, Inc. for US$100 million in cash and the issuance of 50,000,000 common shares in the capital of Quisitive.......
Morgan Stanley Investment Management Announces Portfolio Management Change for Morgan Stanley China A Share Fund
Investments News

Morgan Stanley Investment Management Announces Portfolio Management Change for Morgan Stanley China A Share Fund, Inc.

Fintech News Desk
by Fintech News Desk0
Morgan Stanley Investment Management announced a portfolio management change for Morgan Stanley China A Share Fund, Inc. The Fund is managed by the Emerging Markets Equity team of Morgan Stanley Investment Management Inc. The team consists of portfolio managers and analysts. The current member of the team responsible for the......
Community Bank System, Inc. Appoints Dimitar Karaivanov as Executive Vice President
Banking News

Community Bank System Appoints Dimitar Karaivanov as Executive VP of Financial Services and Corporate Development

Fintech News Desk
by Fintech News Desk0
Community Bank System, Inc. is pleased to announce that Dimitar Karaivanov will be joining the Company as its Executive Vice President of Financial Services and Corporate Development. Mr. Karaivanov will assume leadership responsibilities for the Company’s non-banking subsidiaries and financial services businesses and operations, including the employee benefit services and......
Security Benefit Adds Two Diversified Index Credit Options for Strategic Growth Series
News Risk Management

Security Benefit Adds Two Diversified Index Credit Options for Strategic Growth Series

Fintech News Desk
by Fintech News Desk0
Risk-controlled factor rotator strategy developed by firm’s in-house Investment Team Security Benefit announced the addition of two new index accounts based on the S&P 500 Factor Rotator Daily RC2 7% Index (Factor Rotator) and the S&P Multi-Asset Risk Control (MARC) 5% Index. Both diversified indexes are now options in new......
Advapay Partners With Western Union to Offer New Payment and FX Capabilities to Fintech Clients
Banking Fintech News

Advapay Partners With Western Union to Offer New Payment and FX Capabilities to Fintech Clients

Fintech News Desk
by Fintech News Desk0
Advapay, a digital and core banking platform for fintechs, and Western Union, a global leader in cross-border, cross-currency money movement and payments, announced a strategic partnership that will help Advapay’s fintech clients access a real-time currency exchange and international payment functionality on the company’s Digital banking platform. This milestone reflects the growth and......
EMQ Delivers Enhanced Cross-Border Payment Capabilities in Hong Kong
Digital Payments News

EMQ Delivers Enhanced Cross-Border Payment Capabilities in Hong Kong

Fintech News Desk
by Fintech News Desk0
 International payments now delivered within minutes in either HKD or RMB to any bank in Hong Kong via the Faster Payment System Global financial settlement network EMQ announced a significant enhancement to its cross-border payment capabilities by adding Hong Kong’s Faster Payment System (FPS) to the network. This extends EMQ’s......
Ripple Acquires 40% Stake in Asia’s Leading Cross-Border Payments Specialist Tranglo
Blockchain Digital Payments News

Ripple Acquires 40% Stake in Asia’s Leading Cross-Border Payments Specialist Tranglo

Fintech News Desk
by Fintech News Desk0
Strengthens ongoing partnership to expand RippleNet’s On-Demand Liquidity in key markets starting in Southeast Asia Ripple, the leading provider of enterprise blockchain solutions for global payments, announced that it has agreed to acquire 40% of Asia’s leading cross-border payments specialist Tranglo. This partnership will allow Ripple to meet growing customer......
Genesis Companies Receives Equity Investment from TruFund's Impact Developers Fund to Expand Capacity
Investment Services News

Genesis Companies Receives Equity Investment from TruFund’s Impact Developers Fund to Expand Capacity

Fintech News Desk
by Fintech News Desk0
TruFund Financial Services, Inc., a Community Development Financial Institution located in New York City, announced that it has made an equity investment in Genesis Companies, LLC (Genesis), an African American-owned full-service real estate development firm that specializes in financing, developing and operating mixed-income and mixed-use residential projects in New York and New......
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