Search Results for: business insurance

British Fintech Powerhouse Quantexa to Invest $160 Million in AI Research and Development
Artificial Intelligence B2B Digital Economy Featured

British Fintech Powerhouse Quantexa to Invest $160 Million in AI Research and Development

Sudipto Ghosh
by Sudipto Ghosh0
UK’s leading financial technology (Fintech) organization, Quantexa has announced a fresh investment of $160.25 million (£125M) into the global AI industry. This investment would improve the abilities of both private enterprises as well government agencies in utilizing the power of AI-enabled solutions for Decision Intelligence and Business analytics. The CEO......
First Bank and Malvern Bancorp, Announce Receipt of Regulatory Approvals for Strategic Combination
Banking News

First Bank and Malvern Bancorp, Announce Receipt of Regulatory Approvals for Strategic Combination

GlobeNewswire
by GlobeNewswire0
First Bank and Malvern Bancorp, the parent company of Malvern Bank, National Association (“Malvern Bank”), announced receipt of regulatory approvals from the Federal Deposit Insurance Corporation, the New Jersey Department of Banking and Insurance and the Pennsylvania Department of Banking and Securities, as well as non-objection from the Board of......
Paychex Named a Leader in HCM Technology by NelsonHall
Fintech News

Paychex Named a Leader in HCM Technology by NelsonHall

Business Wire
by Business Wire0
NelsonHall, a global analyst and research firm, has once again identified Paychex, a leading provider of integrated human capital management (HCM) software solutions for human resources, employee benefits, insurance services, and payroll, as a “Leader” in its 2023 NelsonHall Vendor Evaluation and Assessment Tool (NEAT) for Next Generation HCM Technology. The......
Liberate’s Generative AI-Powered FNOL Plugin Revolutionizes Claims Communication
InsurTech News

Liberate’s Generative AI-Powered FNOL Plugin Revolutionizes Claims Communication

Business Wire
by Business Wire0
Insurers Can Increase Efficiency & Satisfaction by Eliminating FNOL Language Barriers Liberate Innovations has introduced a generative AI-powered FNOL plugin that promises to revolutionize insurance claims processes by eliminating language barriers and providing more uniformity in customer experiences. Latest Fintech Interview : Global Fintech Interview with Anndy Lian, Intergovernmental Blockchain Expert,......
Community Bank System, Announces CEO Succession Plan
Banking News

Community Bank System, Announces CEO Succession Plan

Business Wire
by Business Wire0
Community Bank System, announced that Mark E. Tryniski will retire as the Company’s President and Chief Executive Officer (“CEO”) effective as of December 31, 2023. Since August 2006, Mr. Tryniski has served as the President, CEO and Director of the Company and its wholly owned banking subsidiary, Community Bank, N.A.......
LendingPoint Closes $900 Million Committed Forward Flow Program
Lending News

LendingPoint Closes $900 Million Committed Forward Flow Program

Business Wire
by Business Wire0
New deal follows record growth for the company, expands LendingPoint’s forward flow program and origination capacity The financial technology platform LendingPoint, announced the closing of a $900 million, three-and-a-half-year forward flow committed purchase program with a notable asset management firm partner. “Our strategy is to stay hyper-focused on ensuring that we......
Conning and Its Affiliates to Be Acquired by Generali; Transaction Enhances Firms’ Long-Term Growth Plans
Fintech News

Conning and Its Affiliates to Be Acquired by Generali; Transaction Enhances Firms’ Long-Term Growth Plans

Business Wire
by Business Wire0
Conning and its Affiliates Will Continue to Operate under Current Leadership and Brands New Strategic Support Expected from Generali to Accelerate the Strategy for Conning and its Affiliates Conning’s Partnership with Cathay Life to Continue Conning Holdings Limited (“Conning and its Affiliates1”), a leading global asset manager serving the needs......
Bancolombia Capital Partners with Marstone for Multilingual Digital Wealth Management Services in Latin America
Investment Services News

Bancolombia Capital Partners with Marstone for Multilingual Digital Wealth Management Services in Latin America

Business Wire
by Business Wire0
Marstone’s Digital Advice offering continues rapid expansion with latest partnership that provides digital wealth to international clients using BlackRock UCITS funds Marstone, Inc., a leading digital wealth technology firm, announced it has partnered with Grupo Bancolombia (CIB), the largest bank in Colombia by total assets, and the first Colombian financial......
HSBC Launches Global Private Banking in India to Serve Fast-Growing Economy
Banking News

HSBC Launches Global Private Banking in India to Serve Fast-Growing Economy

Business Wire
by Business Wire0
HSBC has launched its Global Private Banking (GPB) business in India to serve high-net-worth (HNW) and ultra-high-net-worth (UHNW) professionals, entrepreneurs and their families. The new business is aimed at clients with investable assets of more than $2 million. “Entrepreneurialism and innovation are fuelling both economic growth and significant wealth creation......
Global Millennial Capital Launches Web3 Investment Program for Pre-Seed to Series A Companies
Digital Asset Management Fintech News

Global Millennial Capital Launches Web3 Investment Program for Pre-Seed to Series A Companies

PR Newswire
by PR Newswire0
The program aims to invest in companies operating in verticals such as data ownership, Web3 privacy tools, NFTs, cryptocurrency platforms, blockchain technology, and DeFi According to McKinsey’s Web3 report, the financial-services industry has primarily adopted some of these nascent digital technologies and assets. At its peak, the daily volume of transactions......
1