Author : Business Wire

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Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Public relations, investor relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia. Founded in 1961, Business Wire is a trusted source for news organizations, journalists, investment professionals and regulatory authorities, delivering news directly into editorial systems and leading online news sources via its multi-patented NX network. Business Wire’s global newsrooms are available to meet the needs of communications professionals and news media worldwide.

Ant Group Unveils its Financial Large Language Model and Two New Applications

Business Wire
Financial LLM is in closed test with financial institution partners on Ant Group’s wealth management and insurance platforms The company will implement the financial LLM on its digital finance platform business supporting financial institutions in the China market. Ant Group unveiled its financial large language model at the 2023 INCLUSION·Conference......

Nodal Exchange Achieves New Records In Power Futures (Up 61%) & Environmental Futures (Up 92%)

Business Wire
Nodal Exchange announced new trading records in power and environmental futures in August 2023. In power, Nodal set a calendar month record for August with 168 million MWh of traded power futures volume in the month, up 61% from the prior year. Nodal continues to be the market leader in......

AM Best Revises Outlooks to Positive of National Unity Insurance Company

Business Wire
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of National Unity Insurance Company (National Unity) (San Antonio, TX). Latest Fintech Interview : Global Fintech Interview with Max Lillard, Senior Finance......

Guidewire Announces Kano Evoleen as New Consulting Alliance Partner

Business Wire
Guidewire announced that the Kano Evoleen Consortium has joined Guidewire PartnerConnect as a Consulting alliance member at the Select level serving insurance companies in EMEA. Latest Fintech Interview : Global Fintech Interview with Max Lillard, Senior Finance Analyst at Capterra (Gartner) “We congratulate Kano Evoleen for their work so far and are delighted......

Inari Raises $5.2 Million Seed Round to Transform Insurance Infrastructure Market

Business Wire
Inari, a core technology infrastructure provider for the global insurance and reinsurance industry, has raised $5.2 million in funding as part of their Seed round led by Caixa Capital Risc, through Criteria Venture Tech. Latest Fintech Interview : Global Fintech Interview with Max Lillard, Senior Finance Analyst at Capterra (Gartner)......

Netcompany Acquires a 20% Stake in Leading FinTech Company to Form a Strategic Partnership

Business Wire
Netcompany acquired a 20% stake in the Danish based Festina Finance – a leading provider of software for the Life and Pension industry with a customer base in Denmark and the Netherlands. The strategic investment will accelerate the entry into new markets for Festina Finance and enhance Netcompany´s offering into......

GMO’s Nebo Surpasses $1Billion in Platform Assets One Year After Launch

Business Wire
The Future of Financial Advising is Aligning the Plan with the Portfolio Grantham, Mayo, Van Otterloo & Co. LLC (GMO), a global investment manager, announced a major milestone for its Portfolio Design platform Nebo, which has surpassed $1 billion in platform assets1 one year since its September 2022 launch. Latest Fintech......

Certa Raises Oversubscribed $35 Million Series B to Further Reduce Third-Party Management Friction

Business Wire
Led by Fin Capital and Vertex Ventures SEAI, funding will help bolster go-to-market engine, deploy next-gen technologies, and expand into high-demand markets The all-in-one third-party management platform, Certa, announced it has raised a 2x oversubscribed Series B led by Fin Capital, and Vertex Ventures Southeast Asia and India, with participation from Tru Arrow Partners.......

Sutton Bank Appoints Industry Veteran Darryl Clukey to lead Payments Division

Business Wire
Sutton Bank announced that Darryl Clukey has joined the Bank and Sutton Payments as SVP, Chief Payments Officer. Darryl will provide strategy, direction and growth initiatives to Sutton Bank’s existing Payments business lines as the Bank continues to expand its products and services to the market. Latest Fintech Interview :......

Conquest Planning and Aviso Join Forces to Enhance Financial Planning for Canadian Investors

Business Wire
Strategic partnership combines cutting-edge technology and expertise to deliver personalized financial solutions for investors across Canada Conquest Planning, a technology platform modernizing financial planning with customized and convenient advice, and Aviso Wealth Inc. (“Aviso”), one of Canada’s largest independent wealth management firms, announced a partnership to provide Conquest’s leading technology......
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