Tag : assets

Conning Survey: U.S. Insurers to Embrace More Portfolio Risk in 2024, Welcome AI Tools in Investment Process
Artificial Intelligence Fintech Investments

Conning Risk Assessment Survey of U.S. Insurers Released

Fintech News Desk
62% of U.S. P&C/life insurers expect to add investment risk in 2024 51% expect their allocations to private assets will be at least 20% in the next two years Three in four insurers using or piloting AI in investment process Conning, an insurance asset management firm released its third annual......
StratCap Closes Sale of Strategic Wireless Infrastructure Fund I Assets
Fintech Investments News

StratCap Closes Sale of Strategic Wireless Infrastructure Fund I Assets

Business Wire
StratCap, LLC (“StratCap”) and its affiliate, StratCap Wireless, LLC (“StratCap Wireless”), announced today the closing of the sale of substantially all of the assets of Strategic Wireless Infrastructure Fund, LLC, (“SWIF I” or the “Fund”), a real estate program sponsored by StratCap, to a national, private equity-backed tower company. The......
Zebra Technologies Introduces Zebra Pay Enterprise-Grade Mobile Payment Solution
Digital Payments News

Zebra Technologies Introduces Zebra Pay Enterprise-Grade Mobile Payment Solution

Business Wire
First-of-its-kind solution transforms mobile computing devices into secure payment terminals Zebra Technologies Corporation, a leading digital solution provider enabling businesses to intelligently connect data, assets, and people, launched Zebra Pay, the industry’s first integrated, enterprise-grade, SPoC-based mobile payment solution for the retail, hospitality, entertainment, field mobility, and logistics industries. Latest......
Banking Economy Markets News

SVB Financial Group, Parent Of SVB Bank, Declares Bankruptcy.

Fintech Staff Writer
SVB Financial Group has petitioned the United States Bankruptcy Protection Court for the Southern District of New York for a court-supervised Chapter 11 reorganisation. The business looks to sell its assets. The funds and general partner companies of SVB Securities and SVB Capital were not included in the Chapter 11......
SEBA Hong Kong Opens Hong Kong Office to Establish APAC Presence
Analytics Cryptocurrency News

Liminal receives APAC & MENA’s highest CryptoCurrency Security Standard (CCSS-QSP Level 3) Certification For Wallet Infrastructure.

One of only two digital asset Qualified Service Providers to achieve this level is the market-leading wallet infrastructure platform Liminal, which recently announced that it had earned CryptoCurrency Security Standard (CCSS) – Qualified Security Provider (QSP) Level 3 certification. A standard for protecting cryptocurrency systems is called the CryptoCurrency Security......
Spool Launches Its Smart Vault Tool To Radically Simplify Risk-managed Yield Portfolio Creation
DeFi News

Spool Launches Its Smart Vault Tool To Radically Simplify Risk-managed Yield Portfolio Creation

Fintech News Desk
Spool, the DAO creating a platform to build seamless DeFi products for investors of all backgrounds, launches its Smart Vault creation tool. Smart Vaults enable individuals and institutions to create customizable and diversified yield portfolios. Through a 5-step Smart Vault, or “Spool,” creation process, users can tailor all aspects of......
MainStreet Bank Recognized for Top 10% Performance Among Its Peer Group
Banking News

MainStreet Bank Recognized for Top 10% Performance Among Its Peer Group

Fintech News Desk
CB Top Ten™ Scorecard Ranks MainStreet Bank 29thof 599 Banks with Assets of $1B to $5B MainStreet Bank, the wholly owned subsidiary of MainStreet Bancshares, Inc. announced it has earned a second quarter 2022 top ranking from Irvine, California-based CB Resource Risk Management and Planning. “Latest Fintech News: Indian Oil Corporation Limited Enhances Customer Payment Experience with......
Hub International Expands Commercial and Personal Insurance Capabilities With Acquisition of the Assets of Shaver-Robichaux Agency, Inc. In Louisiana
Digital Payments News

Hub International Expands Commercial and Personal Insurance Capabilities With Acquisition of the Assets of Shaver-Robichaux Agency, Inc. In Louisiana

Fintech News Desk
Hub International Limited (Hub), a leading global insurance brokerage and financial services firm, announced that it has acquired the assets of Shaver-Robichaux Agency, Inc. (Shaver-Robichaux). Terms of the transaction were not disclosed. Latest Fintech News: Freedom Financial Network Announces Close of $324Million Securitization of FreedomPlus Personal Loans Located in Thibodaux and Raceland, Louisiana, Shaver-Robichaux......
Digital Asset Custodian Komainu Names Pete Stephens as Chief Technology Officer
Digital Asset Management News

Digital Asset Custodian Komainu Names Pete Stephens as Chief Technology Officer

Fintech News Desk
Komainu (“the Company”), a regulated institutional-grade digital asset custody services provider safeguarding over US$6bn in assets, announced the appointment of Pete Stephens as its Chief Technology Officer. Stephens previously served as Head of Technology for Switzerland’s SIX Digital Exchange (SDX), the world’s first fully FMI licensed digital asset exchange and CSD, and brings with him......
Cetera Branch Community Posts Record Growth, Spotlighting Business-Building Success for Financial Professionals
Business Fintech News

Cetera Branch Community Posts Record Growth, Spotlighting Business-Building Success for Financial Professionals

Fintech News Desk
Assets, accounts and advisory business increase exponentially in two years since 2019 acquisition Cetera revealed accelerated growth for its branch community in the two years since it acquired the assets of Foresters Financial’s U.S. brokerage and investment advisory business. Since June 2019, assets under management increased 150% and assets under......
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