Month : July 2022

VR Insurance Holdings, Inc. and The National Security Group, Inc. Announce Completion of Merger
InsurTech News

VR Insurance Holdings, Inc. and The National Security Group, Inc. Announce Completion of Merger

Fintech News Desk
The National Security Group, Inc. announced the completion of the previously announced merger with VR Insurance Holdings, Inc., a Delaware corporation (“VR Holdings”), and VR Insurance Merger Sub, Inc., a Delaware corporation (“Merger Sub”), pursuant to which NSG will be acquired by VR Holdings. Under the terms of the merger......
VIKASA Adds Fintech Veteran Nathan Tribble to Executive Team
Fintech News

VIKASA Adds Fintech Veteran Nathan Tribble to Executive Team

Fintech News Desk
VIKASA Capital Inc. welcomes veteran fintech executive Nathan Tribble to the firm to further its mission of building an industry leading financial services business. Bringing 15 years of fintech leadership experience, Nathan Tribble joins the executive team and leads its subsidiary, VIKASA Capital Partners as Chief Executive Officer. He also......
Alerus Completes Acquisition of Metro Phoenix Bank
Banking News

Alerus Completes Acquisition of Metro Phoenix Bank

Fintech News Desk
Transaction Represents Largest Bank Acquisition in Alerus History Alerus Financial Corporation (“Alerus”) announced it has completed the previously announced acquisition of MPB BHC, Inc. (OTCPink: MPHX), the bank holding company for Metro Phoenix Bank. Founded in 2007, Metro Phoenix Bank is the largest full-service community bank headquartered in Phoenix, with......
EML Open Banking Uncovers A 37% Increase In Payment Declines Following SCA Implementation
Banking Digital Payments News

EML Open Banking Uncovers A 37% Increase In Payment Declines Following SCA Implementation

Fintech News Desk
99% of merchants have seen an increase of at least 5% in payment declines (with an average 37% decline) following the introduction of Strong Customer Authentication; a third (35%) saw payments fraud jump since the start of the pandemic. Nuapay (EML Payments Limited’s Open Banking business), has revealed that U.K.......
Digital Asset Infrastructure Leader PolySign, Inc. Raises $53Million Series C Round to Service Institutional Investors
Cryptocurrency Digital Payments News

Digital Asset Infrastructure Leader PolySign, Inc. Raises $53Million Series C Round to Service Institutional Investors

Fintech News Desk
Round Closes as PolySign Acquires Digital Asset Fund Administrator MG Stover to Deliver Comprehensive, Vertically-Integrated Custody, Trading and Administration Offering for Institutional Investors Accessing Cryptocurrency and Digital Assets PolySign, Inc., a financial technology company providing blockchain-enabled digital asset infrastructure for institutional investors, today announces the close of its $53M Series......
Shaabiat Al Cartoon announces first televised Arabic cartoon NFT Collection
Cryptocurrency News

Shaabiat Al Cartoon announces first televised Arabic cartoon NFT Collection

Fintech News Desk
Arab Royals become first members of the Crypto Arabs Community NFT project, Crypto Arabs, is revolutionizing the way the world does business by educating its community members about crypto currencies, Web 3.0 and Non Fungible Tokens (NFTs) through their “Learn to Earn” initiative in the Metaverse. Latest Fintech News: Aegon Life......
BGC Partners Arranges First Intermediated Block Trade of CME Group Bitcoin Options in Asia
Finance News

BGC Partners Arranges First Intermediated Block Trade of CME Group Bitcoin Options in Asia

Fintech News Desk
GFI (HK) Securities LLC, a subsidiary of BGC Partners, Inc. (“BGC”), a leading global brokerage and financial technology company, is excited to announce that it has arranged the first ever intermediated block trade of CME Group Bitcoin options contracts in Asia between Cumberland DRW LLC (“Cumberland”) and Goldman Sachs. Latest Fintech......
Blockchain GameFi Land of Conquest Gains Investment from Huobi Ventures, Poised to Launch Closed Beta in August
Investment Services News

Blockchain GameFi Land of Conquest Gains Investment from Huobi Ventures, Poised to Launch Closed Beta in August

Fintech News Desk
Land of Conquest, a highly anticipated upcoming blockchain gamefi, is pleased to announce they have received investment from one of the leading VCs in the space, Huobi Ventures. They have signed on as lead investor in the Land of Conquest game, joining other investors Mirana Ventures, PopFun, CCV, C2, New Start......
Cognizant Wins Multi-Year Contract from National Insurance Company to Accelerate Digital Transformation
InsurTech News

Cognizant Wins Multi-Year Contract from National Insurance Company to Accelerate Digital Transformation

Fintech News Desk
Public sector insurer selects Cognizant to further strengthen its operational excellence and future-ready technology roadmap Cognizant announced that it has been selected as a strategic technology provider by National Insurance Company Limited (NICL) to accelerate and help manage its digital transformation. NICL is one of India’s leading public sector general insurance......
AST SpaceMobile Announces Agreement to Sell Its Investment in NanoAvionics
Investment Services News

AST SpaceMobile Announces Agreement to Sell Its Investment in NanoAvionics

Fintech News Desk
The sale is expected to generate approximately $28 million net cash proceeds and close in the third quarter of 2022 AST SpaceMobile, Inc. the company building the first and only space-based cellular broadband network accessible directly by standard mobile phones, announced it has entered into a definitive agreement to sell its......
1