Search Results for: portfolio businesses

Manulife Closes Largest Canadian Universal Life Reinsurance Transaction with RGA
InsurTech News

Manulife Closes Largest Canadian Universal Life Reinsurance Transaction with RGA

PR Newswire
by PR Newswire0
Manulife has received OSFI approval to amend our current share buyback program, which commenced on February 23, 2024, to return unlocked capital from the transaction to its shareholders. Manulife announced that it has successfully closed1 the previously announced transaction to reinsure a low ROE Canadian Universal Life block with RGA Life......
Cybersecurity CEOs Join Forces to Launch Lockchain.ai: The First AI-Powered Blockchain Risk Management Platform
Blockchain News

Cybersecurity CEOs Join Forces to Launch Lockchain.ai: The First AI-Powered Blockchain Risk Management Platform

PR Newswire
by PR Newswire0
Lockchain.ai’s SaaS platform provides always-on due diligence and risk monitoring for asset managers and traders seeking real-time security status of the assets they trade. Lockchain.ai, the AI-powered Blockchain Risk Management platform, has announced its official launch from stealth to bring automated risk management solutions to traders, investors, and fund managers......
Hilton-and-American-Express-Introduce-Enhanced-Hilton-Honors-American-Express-Business-Card-with-Rewards-and-Benefits-to-Help-Business-Owners-Elevate-Their-Travel
Banking Digital Payments Finance Fintech

Hilton and American Express Introduced the Hilton Honors American Express Business Card

Fintech News Desk
by Fintech News Desk0
The updated Card enables Card Members to use their business purchases to fuel future Hilton stays, all with the powerful backing of American Express. Hilton and American Express introduced the enhanced Hilton Honors American Express Business Card, featuring new benefits and up to $240 each year in annual statement credits......
iCustoms.AI Raises $2.2 Million to Revolutionise Trade Compliance with AI
Artificial Intelligence Fintech Investments News

iCustoms.AI Raises $2.2 Million to Revolutionise Trade Compliance with AI

PR Newswire
by PR Newswire0
This investment will fuel the company’s growth into ground breaking innovations and further development of its innovative trade compliance platform. iCustoms.AI, a leading provider of AI-powered trade compliance solutions, today announced the closing of a $2.2 million seed funding round. This investment will fuel the company’s growth into ground breaking innovations and......
Harmony Bank Selects Baker Hill NextGen Accelerate to Optimize & Scale Commercial Lending Process
Lending News

Harmony Bank Selects Baker Hill NextGen Accelerate to Optimize & Scale Commercial Lending Process

PR Newswire
by PR Newswire0
Harmony Bank selected Baker Hill NextGen® commercial loan origination system (LOS), which features scalable digital lending capabilities designed for rapid deployment. Baker Hill, a leading financial technology provider in delivering solutions for loan origination, risk management, and analytics, announced its partnership with Harmony Bank. The Dallas-based bank has selected Baker Hill NextGen Accelerate, a......
ViewTrade Launches NextGen Platform, Enabling Financial Firms Around the World to Expand Offerings to Retail Customers
Finance News

ViewTrade Launches NextGen Platform, Enabling Financial Firms Around the World to Expand Offerings to Retail Customers

PR Newswire
by PR Newswire0
ViewTrade also unveiled details for its 2024 product roadmap, which includes increased support across all asset classes, including more robust offerings for fixed income and options, and expansion into additional global markets to offer a full and flexible suite of solutions for retail brokers and investors worldwide. ViewTrade Holding Corporation......
Ascent Secures Venture Funding to Modernize Underwriting Infrastructure and Deliver Financial Portability
Fintech Funding News

Ascent Secures Venture Funding to Modernize Underwriting Infrastructure and Deliver Financial Portability

PR Newswire
by PR Newswire0
The round was led by Foundation Capital, TruStage Ventures Discovery Fund, Alloy Labs, Reseda Group, and other investors. Ascent Platform Corporation, the leader in financial portability solutions for banks and credit unions, announced that it has successfully raised $5.3 million in venture funding. The round was led by Foundation Capital, TruStage Ventures Discovery......
KeyCorp and Blackstone Credit & Insurance Announce Forward Flow Origination Partnership
InsurTech News

KeyCorp and Blackstone Credit & Insurance Announce Forward Flow Origination Partnership

PR Newswire
by PR Newswire0
Blackstone and Key closed a transaction on a seed portfolio of middle market fund finance facilities. KeyCorp announced a forward flow origination partnership with Blackstone Credit & Insurance (“Blackstone”) focused on Key’s Specialty Finance Lending (SFL) group. SFL is a leading asset-based lender serving clients nationally across middle market, growth capital, transportation,......
OVHcloud Opens New Data Center and Invests $145 Million in the Toronto Area
Investment Services News

OVHcloud Opens New Data Center and Invests $145 Million in the Toronto Area

PR Newswire
by PR Newswire0
The new Toronto data center, like other global OVHcloud data centers, will be accessible to OVHcloud US customers and will deliver improved latency compared to the existing OVHcloud data center near Montreal and the OVHcloud US data center in Vint Hill, Virginia. OVHcloud US, a leading global cloud provider, is excited to announce......
Unicorn Fintech Veterans Launch Worth AI, the first AI-Powered Business Credit Score and Financial Underwriting Platform to Increase Data Transparency and Fuel Economic Equity
Artificial Intelligence Fintech News

Unicorn Fintech Veterans Launch Worth AI, the first AI-Powered Business Credit Score and Financial Underwriting Platform to Increase Data Transparency and Fuel Economic Equity

PR Newswire
by PR Newswire0
Stax Payments founders, Sal Rehmetullah and Suneera Madhani, harness the power of AI to build real-time data underwriting and risk management platform to speed decision making, increase risk accuracy and standardize the business credit score Worth AI, a fintech SaaS startup, officially launched and announced its artificial intelligence-powered risk management......
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