Search Results for: commercial banks

Fintech InsurTech News

First Update to ACORD Next-Generation Digital Standards Developed in Collaboration with Leading Insurance Organizations

Fintech News Desk
by Fintech News Desk0
ACORD, the global standards-setting body for the insurance industry, today announced the release of Version 1.1 of its Next-Generation Digital Standards for insurance data exchange, the first version of which were released earlier this year. Developed through ongoing collaboration with leading industry organizations, the Standards enable omnichannel information exchange using fine-grained......
Capital Markets Fintech News

Wells Fargo Names Mike Santomassimo as New Chief Financial Officer

Fintech News Desk
by Fintech News Desk0
Wells Fargo & Company (NYSE: WFC) announced today that Mike Santomassimo will join the company in fall 2020 as Chief Financial Officer. Santomassimo will report to CEO Charlie Scharf and serve on the company’s Operating Committee. He will succeed John Shrewsberry, who has announced plans to retire following a successful......
Investment Services News

Waller Helms Advisors Appoints James Anderson As Chief Executive Officer

Fintech News Desk
by Fintech News Desk0
Waller Helms Advisors (“WHA”), an industry leading specialist investment bank focused on the insurance, healthcare, investment, and financial technology sectors, today announced that it has appointed James Anderson as Chief Executive Officer. Anderson joins WHA from CNA Financial, one of the largest commercial P&C carriers in the United States, where......
Fintech News Trading

BTIG Adds Foreign Exchange Specialist and Managing Director Brian Ager

Fintech News Desk
by Fintech News Desk0
BTIG announced today that Brian Ager has joined the firm’s Foreign Exchange (FX) Trading unit as a Managing Director. Mr. Ager will be based out of the firm’s New York office, and report directly into Anton LeRoy, President of BTIG. Read More: A Quick Review on Some of The Biggest Global Fintech Mergers &......
Banking Fintech Mobile Banking

MoCaFi to Launch Revolutionary Banking Platform Targeting Communities Impacted by Economic Shifts

Fintech News Desk
by Fintech News Desk0
MoCaFi [Mobility Capital Finance, Inc.], a Harlem and Newark-based African American owned fintech, announces the launch of its upgraded banking platform with features and services designed to address financial inequality in Black, Hispanic, and historically disenfranchised communities. Read More: A Quick Review on Some of The Biggest Global Fintech Mergers & Acquisitions......
Bankers Healthcare Group Closes First ABS Transaction to Further Diversify Funding Sources
Banking Fintech News

Bankers Healthcare Group Closes First ABS Transaction to Further Diversify Funding Sources

Fintech News Desk
by Fintech News Desk0
Bankers Healthcare Group, a leading provider of financial solutions for licensed healthcare practitioners and other highly skilled professionals, issued $159.6 million in notes backed by high-quality commercial and consumer loans to increase its liquidity and diversify its funding sources. Credit Suisse Securities (USA) LLC was the sole structuring agent and sole bookrunner......
Tokeny Solutions Partners with Inveniam to deliver Data Integrity and Price Discovery for Private Securities
Big Data Fintech News

Tokeny Solutions Partners with Inveniam to deliver Data Integrity and Price Discovery for Private Securities

Fintech News Desk
by Fintech News Desk0
Tokeny Solutions (Tokeny), an industry-leading tokenization platform based in Luxemburg and backed by Euronext, is announcing a collaboration with Inveniam and its Inveniam.io platform, delivering data integrity and price discovery. Tokeny’s technology, enhanced by Inveniam’s software, provides the foundation for increased private market asset liquidity and public-like performance of these assets. This......
Artificial Intelligence News

Artificial Intelligence Cybersecurity Company CalypsoAI Announces $13 Million in Series A Funding

Fintech News Desk
by Fintech News Desk0
CalypsoAI, the leader in validation, security and monitoring for Artificial Intelligence (AI) and machine learning (ML), announced today the closing of its $13 million Series A fundraising. Paladin Capital Group led the round, with participation from Lockheed Martin Ventures, 8VC, Frontline Ventures, Lightspeed Venture Partners, Manta Ray Ventures, Pallas Ventures......
$6.5 Million Seed Funding Raised for ESD Proptech Innovation
Fintech Fintech Funding News

$6.5 Million Seed Funding Raised for ESD Proptech Innovation

Fintech News Desk
by Fintech News Desk0
cohesion, a spin-off venture of ESD, raised $6.5 million in seed funding to support their award-winning SaaS intelligent building platform, based on technology originally conceived and built at ESD. Read More: Hummingbird Raises $8.2M To Automate Financial Compliance Technology The cohesion intelligent building app is the first award-winning proptech SaaS to integrate siloed building systems......
Sapiens Joins Forces with LifeScore Labs to Innovate Life Insurance Underwriting
Fintech InsurTech News

Sapiens Announces the Launch of its P&C and Reinsurance Core Platform in the DACH Region

Fintech News Desk
by Fintech News Desk0
Germany is expected to become a leading strategic market for Sapiens cloud-based IDITSuite and digital offerings Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, announced that after acquiring German-based insurtech sum.cumo in January 2020 it has tailored its Sapiens IDITSuite for Property & Casualty and Sapiens ReinsuranceMaster to the DACH region – Germany, Austria and Switzerland.......
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