Search Results for: banks and insurance

SoFi Checking and Savings to Offer Access to Up to $2 Million in FDIC Insurance
Finance InsurTech News

SoFi Checking and Savings to Offer Access to Up to $2 Million in FDIC Insurance

Business Wire
by Business Wire0
SoFi Will Increase Available FDIC Insurance Coverage from $250K to $2M via participation in the New SoFi FDIC Insurance Network SoFi Technologies, Inc., the digital personal finance company, announced that its SoFi Checking and Savings members will be able to protect their deposits with access to up to $2 million......
EBA CLEARING to Enrich RT1 and STEP2 with Fraud Prevention and Detection Capabilities
Digital Payments News Security

EBA CLEARING to Enrich RT1 and STEP2 with Fraud Prevention and Detection Capabilities

PR Newswire
by PR Newswire0
The comprehensive solution will add insights from a central system view to the fraud-fighting efforts of STEP2 and RT1 users EBA CLEARING announced that it will enrich its SEPA payment systems, RT1 and STEP2, with fraud prevention and detection capabilities by November 2023. The Company’s new Fraud Pattern and Anomaly......
Wolters Kluwer Compliance Solutions Shares Insights in Response to Silicon Valley Bank and Signature Bank Collapse
Compliance management News

Wolters Kluwer Compliance Solutions Shares Insights in Response to Silicon Valley Bank and Signature Bank Collapse

Business Wire
by Business Wire0
In the wake of the recent collapse of Silicon Valley Bank (SVB) and Signature Bank—and subsequent banking industry developments in the U.S. and elsewhere—markets and the public should be reassured by the response of federal regulators to cover depositors and to help maintain confidence and stability in the resilient U.S.......
SaveChain Selected to Join Plug and Play's Digital Assets Batch #2
Banking Blockchain News

SaveChain Selected to Join Plug and Play’s Digital Assets Batch #2

PR Newswire
by PR Newswire0
SaveChain, a fintech startup, is closer to launching its Web3 bank accounts after being accepted into Plug n Play’s prestigious Digital Assets Accelerator. Using blockchain technology, the platform offers secure and transparent banking services that are faster, cheaper, and more accessible than its competitors. SaveChain’s presentation was voted as one......
Inszone Insurance Services Completes Acquisition of Larry Fu Insurance Agency
InsurTech News

Inszone Insurance Services Completes Acquisition of Larry Fu Insurance Agency

Business Wire
by Business Wire0
Inszone Insurance Services: a rapidly growing, national provider of benefits, personal and commercial lines insurance, announced the acquisition of Larry Fu Insurance Agency, Inc. The addition of Larry Fu Insurance Agency to the Inszone Insurance team is a strategic move that brings together two trusted insurance providers with a shared......
For CFOs, Paystand Adds New Treasury Offerings for Managing Cash in the Wake of Bank Failure
Banking Digital Payments News

For CFOs, Paystand Adds New Treasury Offerings for Managing Cash in the Wake of Bank Failure

Business Wire
by Business Wire0
In response to the collapse of Silicon Valley Bank, Paystand’s blockchain-enabled payment network delivers a suite of new solutions for finance teams to better manage, control, and access their cash at all times On Thursday, March 9, 2023, tens of thousands of companies who had all of their assets in......
Innoveo Launches Small Commercial Insurance Accelerator Delivering Digital Capabilities for SME Markets
InsurTech News

Innoveo Launches Small Commercial Insurance Accelerator Delivering Digital Capabilities for SME Markets

PR Newswire
by PR Newswire0
Newly launched accelerator enables small commercial insurers to quickly launch personalized insurance offerings that help small businesses better manage risks and protect assets Innoveo, a leading no-code technology provider for insurance enterprises, announced the launch of its accelerator for the small commercial insurance space. The accelerator, empowering insurers to quickly......
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 Wire0
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......
Banking Digital Fintech News Technology

70% of European Banks And Fintechs Will Invest In Financial Technology Over The Next 18 Months Despite The Downturn

Fintech Staff Writer
by Fintech Staff Writer0
The multi-award-winning fintech PR and marketing firm CCgroup released the results of its study on “How to influence fintech buyers,” which was based on a poll of significant banks and fintechs in five European markets. According to the study, 70% of European financial institutions anticipate raising their financial technology investments......
Finastra and Uni Systems Extend Collaboration to Enable Financial Institutions to Meet New Risk Management Regulation
Banking News Risk Management

Finastra and Uni Systems Extend Collaboration to Enable Financial Institutions to Meet New Risk Management Regulation

PR Newswire
by PR Newswire0
Vector Risk’s cloud-based regulatory and internal reporting solution on FusionFabric.cloud addresses new risk framework which will come into effect in 2025 Finastra and Uni Systems have extended their partnership to help financial institutions in the Adriatic, Central and Southeast Europe regions comply with the Basel Committee’s Fundamental Review of the Trading Book (FRTB) reporting requirements,......
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