Search Results for: claims payment

Hagens Berman Reaches $418 Million Nationwide Settlement with the National Association of Realtors in Real Estate Commissions Antitrust Litigation
Finance Fintech News

Hagens Berman Reaches $418 Million Nationwide Settlement with the National Association of Realtors in Real Estate Commissions Antitrust Litigation

Business Wire
by Business Wire0
Attorneys say the groundbreaking settlement could save consumers billions of dollars a year in broker fees, transform US housing market Today, Hagens Berman announced a settlement agreement with the National Association of Realtors (NAR) which would resolve antitrust claims against NAR in a class-action lawsuit alleging that it conspired with......
Dave Announces Repurchase of $100 Million Convertible Note from FTX for $71 Million
Banking News

Dave Announces Repurchase of $100 Million Convertible Note from FTX for $71 Million

PR Newswire
by PR Newswire0
Dave, one of the nation’s leading neobanks, announced it has reached an agreement with FTX Ventures Ltd. (“FTX”) to purchase a convertible promissory note that it previously issued to FTX in the original principal amount of $100 million, for a discounted purchase price of $71 million. FTX filed a motion in......
State Fund Declaring 10% Dividend for 2023 Policy Year
Fintech News

State Fund Declaring 10% Dividend for 2023 Policy Year

Business Wire
by Business Wire0
Approximately $102 million will be returned to California businesses State Compensation Insurance Fund (State Fund) today announced that it will declare an approximate $102 million dividend to its qualifying policyholders with policies that took effect between January 1 and December 31, 2023. This dividend equals approximately 10% of the estimated......
BigCommerce Starts Strong in the Cyber Week
Finance Fintech News

BigCommerce Starts Strong in the Cyber Week

Fintech News Desk
by Fintech News Desk0
BigCommerce (NASDAQ: BIGC), an Open SaaS e-commerce platform for recognized B2C and B2C brands, disclosed experiencing a notable increase in sales on Thanksgiving Day and Black Friday compared to last year during the crucial start of Cyber Week.  As compared to 2022 on the same store basis, BigCommerce stores experienced......
Business Featured Fintech Fintech Primers

How Does Fintech Generate Money?

Pooja Choudhary
by Pooja Choudhary0
Have you ever pondered the business models of FinTech firms? How do they go about making money to expand their current FinTech software development efforts? In this piece, we will dissect what exactly it is that makes a FinTech company effective and profitable. Introduction 96% of customers around the world......
Master of Ceremonies Helps 10 Non-Profit Groups Raise Over $77 Million at 10 Fundraising Events in the Fall of 2023
Fintech Investments News

Master of Ceremonies Helps 10 Non-Profit Groups Raise Over $77 Million at 10 Fundraising Events in the Fall of 2023

PR Newswire
by PR Newswire0
Adam Christing has been called “America’s Go-To Event Emcee.” Non-profit executives and meeting planners are seeing a link between offering donors Fun while raising funds. Adam Christing’s website claims he is “The Emcee Who Makes Your Event Extraordinary.” His clients seem to agree. This fall, Christing hosted fundraising events that......
Array Prevails in Lawsuit Filed by ConsumerDirect; Jury Awards Array $5.2 Million in Total Damages
Fintech News

Array Prevails in Lawsuit Filed by ConsumerDirect; Jury Awards Array $5.2 Million in Total Damages

Business Wire
by Business Wire0
Array, a leading financial innovation platform, announced that it won a lawsuit filed by competitor ConsumerDirect. Last Wednesday, a jury in federal court in Santa Ana, California delivered a unanimous verdict in favor of Array. The jury rejected all of ConsumerDirect’s claims and awarded Array $1.3 million in economic damages......
Foresight Announces Strategic Partnership with QBE North America
InsurTech News

Foresight Announces Strategic Partnership with QBE North America

PR Newswire
by PR Newswire0
Foresight Risk and Insurance Services (“Foresight”), the innovative workers’ compensation specialist that strives to reduce claim frequency with proprietary safety technology and services, announced a new strategic partnership with QBE North America (“QBE”), part of QBE Insurance Group Limited, a global insurance leader. The new partnership enables Foresight to write......
Layr Secures $10 Million Investment to Bridge the Small Business Insurance Tech Gap for Brokers
InsurTech News

Layr Secures $10 Million Investment to Bridge the Small Business Insurance Tech Gap for Brokers

GlobeNewswire
by GlobeNewswire0
Insurtech Platform Digitally Streamlines Brokers’ Small Business Insurance Operations from Quote to Claim Layr, a leading insurance tech company, closed a $10 million round of financing led by Cota Capital. The K Fund, HSCM Ventures, Sandbox Industries, and Flyover Capital also participated in the round. The company will use the......
Bitcoin Price Bulls Target $40k But Savvy Traders Focus on Bitcoin Minetrix With $2.5 Million Investment
Investment Services News

Bitcoin Price Bulls Target $40k But Savvy Traders Focus on Bitcoin Minetrix With $2.5 Million Investment

PR Newswire
by PR Newswire0
The Bitcoin price rally has paused before it takes the next leg higher to target $40,000, but in the meantime pro traders have ponied up nearly $2.5 million for Bitcoin Minetrix, the new path-breaking tokenized cloud mining venture. Trading at around $34,000, Bitcoin had entered overbought territory on a technical view, so a pullback from $35,000 was to be......
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