Search Results for: deposit insurance

First Internet Bank Offers Access to Multi-Million Dollar FDIC Deposit Insurance Coverage
Banking Finance News

First Internet Bank Offers Access to Multi-Million Dollar FDIC Deposit Insurance Coverage

Business Wire
by Business Wire0349
First Internet Bank announced it has renewed its participation in the IntraFi deposit network to offer ICS and CDARS. The program allows First Internet Bank customers to enjoy the safety and simplicity that comes with access to FDIC insurance protection at IntraFi network banks on deposits in an aggregate amount......
Axos Bank Provides FDIC Deposit Insurance Coverage up to $150MM With Insured Cash Sweep
Banking InsurTech News

Axos Bank Provides FDIC Deposit Insurance Coverage up to $150MM With Insured Cash Sweep

Business Wire
by Business Wire0441
The Axos Bank Insured Cash Sweep offers secure and transparent protection for deposits above the $250,000 FDIC insurance limit for businesses and consumers Axos Bank provides its Insured Cash Sweep (ICS) program, which offers multimillion-dollar FDIC insurance coverage – and peace of mind – to commercial, small business, and consumer banking clients. Through IntraFi Network......
The Federal Deposit Insurance Corporation Announces 'Tech Sprint'
Banking Commerce Featured

The Federal Deposit Insurance Corporation Announces ‘Tech Sprint’

Sudipto Ghosh
by Sudipto Ghosh0606
The Federal Deposit Insurance Corporation [FDIC] has announced ‘Tech Sprint’ to reach the ‘last mile’ of unbanked Americans. FDIC maintains stability and public confidence in the nation’s current financial system. The ‘tech sprint’ is designed to explore new technologies and techniques in the US fintech ecosystem. It would help expand......
StoneCastle Announces Partnership with Integrated Advisors Network to Provide High Levels of Deposit Insurance on Client Cash
Business Fintech InsurTech News

StoneCastle Announces Partnership with Integrated Advisors Network to Provide High Levels of Deposit Insurance on Client Cash

Fintech News Desk
by Fintech News Desk0430
StoneCastle Cash Management, LLC (“StoneCastle”), today announced a partnership with Integrated Advisors Network (“Integrated”), a leading partnership of independent, fiduciary wealth management firms, to make available its FICA For Advisors insured cash solution to all Integrated RIA/wealth management firms. Each of the Integrated firms now has access to high levels of deposit insurance coverage......
Greenlight Re Innovations Announces Investment in Security Deposit Replacement Insurance Startup Garentii
Fintech Startups News

Greenlight Re Innovations Announces Investment in Security Deposit Replacement Insurance Startup Garentii

Fintech News Desk
by Fintech News Desk0416
Greenlight Re Innovations (“GRI”), part of Greenlight Capital Re, Ltd. has announced an investment in Garentii GmbH (“Garentii”), a security deposit replacement insurance MGA and platform based in Germany. Latest Fintech News: Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights Security deposits have long been the standard form of......
Frost Bank Improves Customer Experience with Atomic Direct Deposit Switch
Banking News

Frost Bank Improves Customer Experience with Atomic Direct Deposit Switch

Business Wire
by Business Wire0125
Atomic is excited to announce its collaboration with San Antonio-based Frost Bank, a top 50 financial institution with 185 branch locations across Texas. Incorporating Atomic into its operations will help Frost achieve its goals of improving customer satisfaction and making banking more accessible for all. Frost will be using Atomic’s solution for direct......
KeyCorp and Blackstone Credit & Insurance Announce Forward Flow Origination Partnership
InsurTech News

KeyCorp and Blackstone Credit & Insurance Announce Forward Flow Origination Partnership

PR Newswire
by PR Newswire0212
Blackstone and Key closed a transaction on a seed portfolio of middle market fund finance facilities. KeyCorp announced a forward flow origination partnership with Blackstone Credit & Insurance (“Blackstone”) focused on Key’s Specialty Finance Lending (SFL) group. SFL is a leading asset-based lender serving clients nationally across middle market, growth capital, transportation,......
Silvergate Capital Corporation Announces Full Repayment of Silvergate Bank’s Remaining Deposit Liabilities
Banking Fintech News

Silvergate Capital Corporation Announces Full Repayment of Silvergate Bank’s Remaining Deposit Liabilities

Business Wire
by Business Wire0247
Silvergate Capital Corporation, the holding company for Silvergate Bank (the “Bank”), today announced that, in connection with the previously disclosed plan to wind down the operations of and voluntarily liquidate the Bank in an orderly manner and in accordance with applicable regulatory processes (the “Bank Liquidation”), the Bank has fully......
Cyber Security and Insurance Platform Upfort Raises $8 Million in Series A Funding
Fintech Investments News

Cyber Security and Insurance Platform Upfort Raises $8 Million in Series A Funding

Business Wire
by Business Wire0257
Funding propels Upfort’s efforts to empower businesses in building cyber resilience Upfort, a cutting-edge cyber security and insurance platform, today announced it has raised $8 million in a Series A funding round led by SYN Ventures, with participation of Eniac Ventures and Fika Ventures, which co-led Upfort’s seed round. This investment advances Upfort’s goal......
TruStage Renames CuneXus, Digital Storefront and Adds Digital Deposits Solution
Digital Finance News

TruStage Renames CuneXus, Digital Storefront and Adds Digital Deposits Solution

Business Wire
by Business Wire0259
41In just 24 days Chartway Credit Union generated more than 500 new certificates and over $3 million in deposits with new solution TruStage announced CuneXus will be known as ‘Digital Storefront’. The new name reflects the fintech’s evolution since it was acquired by TruStage in 2020 and aligns with the organization’s rebrand......
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