Search Results for: insurance group

Prescriptive Data and JPMorgan Chase Optimize the Firm’s Energy Use and Sustainable Operations with Nantum OS Technology
Artificial Intelligence News

Prescriptive Data and JPMorgan Chase Optimize the Firm’s Energy Use and Sustainable Operations with Nantum OS Technology

Fintech News Desk
by Fintech News Desk0
Nantum OS will bring real-time artificial intelligence and machine learning to help JPMorgan Chase operate its real estate more efficiently Prescriptive Data announced that JPMorgan Chase has started to use its Nantum OS software to help the global financial services firm optimize its energy use and reduce its carbon footprint. The......
CrossTower Introduces Perpetual Futures Trading
Digital Asset Management News Trading

CrossTower Introduces Perpetual Futures Trading

Fintech News Desk
by Fintech News Desk0
New perpetual futures trading available on CrossTower’s Bermuda digital exchange CrossTower Inc., one of the world’s fastest and leading crypto and digital asset exchanges, is pleased to announce the launch of perpetual futures trading, now available on CrossTower’s Bermuda digital exchange. Perpetual futures are derivatives contracts that, unlike traditional futures contracts, are not limited to......
Voyager Innovations Raises US$210 Million to Expand the Financial Services Ecosystem of PayMaya and Maya Bank
Banking News

Voyager Innovations Raises US$210 Million to Expand the Financial Services Ecosystem of PayMaya and Maya Bank

Fintech News Desk
by Fintech News Desk0
New investor SIG Venture Capital, the Asian venture capital arm of Susquehanna International Group (“SIG”), leads the investment round Voyager Innovations, the leading technology company in the Philippines behind the end-to-end money platform PayMaya and neobank Maya Bank, raises US$210 million in new funds, propelling Voyager’s valuation to unicorn plus......
The Change Company Raises $88 Million of Preferred Equity
Fintech News

The Change Company Raises $88 Million of Preferred Equity

Fintech News Desk
by Fintech News Desk0
Investor base now consists of over 100 high-quality ESG investors including banks, insurance companies, and asset managers The Change Company CDFI LLC, America’s Community Development Financial Institution (CDFI), announced that the Company and its affiliates have raised $88 million of cumulative, perpetual preferred equity membership interests through two private placement......
Crypto Market Integrity Coalition Welcomes 13 New Signatories Including Gemini, Robinhood
Cryptocurrency Digital Asset Management News

Crypto Market Integrity Coalition Welcomes 13 New Signatories Including Gemini, Robinhood

Fintech News Desk
by Fintech News Desk0
With 30 Signatories Including Many of the World’s Largest Crypto Exchanges Joining the Pledge to Advance Fair Digital Asset Markets, Momentum for Industry-led Crypto Market Integrity Coalition Ramps Up The Crypto Market Integrity Coalition, an industry-defining pledge initiated by Solidus Labs focused on cultivating safer digital asset markets, is pleased to announce the......
Pinnacle Secures $200 Million Team from VALIC, Expanding Business in New Jersey
Investment Services News

Pinnacle Secures $200 Million Team from VALIC, Expanding Business in New Jersey

Fintech News Desk
by Fintech News Desk0
Pinnacle Investments, LLC, a 25-year-old investment firm headquartered in Syracuse, expanded their business in Morristown, New Jersey with the procurement of three reps formerly affiliated with The Variable Annuity Life Insurance Company (VALIC). Andrea Coladarci, Adam DeSimone, and Adam Gartside, now doing business as Prime Wealth Group, each left VALIC Friday after 11, 3, and 2 years......
Freeport Financial Closes Fifth Direct Lending Fund, Raising $1.5 Billion in Investable Capital
Fintech Funding Lending News

Freeport Financial Closes Fifth Direct Lending Fund, Raising $1.5 Billion in Investable Capital

Fintech News Desk
by Fintech News Desk0
Freeport Financial Partners, LLC, a U.S. lower middle market direct lending manager, announced the successful final close of its fifth direct lending fund, Freeport First Lien Loan Fund V, raising $1.5 billion in investable capital including targeted leverage and separately managed accounts investing alongside the fund. Fund V was oversubscribed,......
81% of Global Financiers Say Legacy IT Inhibits Business Change
Business InsurTech News

81% of Global Financiers Say Legacy IT Inhibits Business Change

Fintech News Desk
by Fintech News Desk0
Economist Intelligence Unit uncovered the scale of technical debt in financial services in a report sponsored by Appian Appian reveals that global leaders in financial services and insurance (FSI) believe that legacy IT infrastructure and applications are holding back their business transformation aspirations and automation objectives. These are the findings of......
Prudential Financial Completes Sale to Fortitude Re of $31B Block of Traditional Variable Annuities
Digital Asset Management Fintech News

Prudential Financial Completes Sale to Fortitude Re of $31B Block of Traditional Variable Annuities

Fintech News Desk
by Fintech News Desk0
Marks key step in executing on Prudential’s strategy, while maintaining consistent experience for customers and deepening focus on protected outcome solutions like FlexGuard and FlexGuard Income Demonstrates Fortitude Re’s leadership and expertise in managing a broad array of long-dated insurance liabilities Prudential Financial, Inc. and Fortitude Group Holdings, LLC, the......
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