Search Results for: risk and asset management
Customers Bank Makes Bold Move with Cryptocurrency Clients
Customers Bank, the $19.1 billion subsidiary of Customers Bancorp, Inc, released a partial list of inaugural institutional crypto clients. The clients identified are among the premier cryptocurrency and digital asset institutions, making the bank one of the nation’s leading financial services providers in the growing global crypto industry. “The platform......
AM Best Places Credit Ratings of SILAC Insurance Company Under Review
AM Besthas placed under review with developing implications the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of SILAC Insurance Company (SILAC) (Salt Lake City, UT). SILAC has been placed under review with developing implications as the company’s risk-adjusted capital, as measured by......
KBRA Assigns Insurance Financial Strength Rating to Tower Hill Insurance Exchange
Kroll Bond Rating Agency (KBRA) assigns an Insurance Financial Strength Rating of BBB+ with a Stable Outlook to Tower Hill Insurance Exchange (THIE). THIE was formed as a Florida reciprocal exchange and will begin writing residential property insurance in Florida within its first year of operation and continue to expand......
SeABank Enhances Digital Banking Experiences with Google Cloud
Southeast Asia Commercial Joint Stock Bank has chosen Google Cloud as its primary cloud provider to enhance the service quality and customer experiences delivered on its SeAMobile/SeANet digital banking platform. With Google Cloud’s enterprise-grade and cutting-edge technologies, SeABank can optimize costs, strengthen security and accelerate innovation. In recent years, SeABank has already established itself......
SimplyCash Increases Credit Accessibility to Credit-Deserving Indians
As India continues to evolve and grow as an economy, financial inclusion has become extremely important to the country. This entails providing affordable and accessible financial services to a wider bandwidth of people across the social spectrum. That is exactly what new-age fintech lenders like SimplyCash have managed to accomplish. Leveraging cutting-edge technology, instant personal......
Finzly Accelerates Lead Bank-PointChain Fintech Partnership
Finzly’s Banking as a Service solution enables Lead Bank to provide payments processing services to cater to the complex needs of fintech partners, making connected banking a reality Finzly, a fintech provider of modern banking applications for payments, foreign exchange, trade finance and digital account opening, has announced that leading......
Stere Closes $2 Million Seed Funding Round led by Fin VC
Investment will enable Stere to transform the marketplace connecting insurance capacity providers with managing general agents, program administrators, and embedded insurance platforms Stere, a digital ecosystem designed to tackle speed-to-market, capacity sourcing, and other challenges faced by managing general agents (MGAs) and insurance companies in the capacity conversation, announced that......
Galway Holdings Announces Acquisition of Simatree
Provides New Level of Consulting and Analytics Capabilities Galway Holdings announced its acquisition of Virginia-based Simatree, a strategic advisory firm specializing in data, analytics, technology consultation and digital transformation. Fast-growing, Simatree has won multiple awards for its innovative and transformational digital and analytics solutions, founded by Patrick McCreesh, Wes Flores and Jay Williams, former NBA......
Calamos Investments Launches Global Sustainable Equities Fund Led by ESG Pioneers
Calamos Investments, a global investment management firm with more than $40 billion in assets under management, announced the launch of the Calamos Global Sustainable Equities Fund (CGSIX), a new mutual fund steered by a seasoned investment team with decades of sustainable investing experience. The Fund’s co-managers, Anthony (Tony) Tursich and James (Jim) Madden, joined......