Tag : assets

Banking Economy Markets News

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

Fintech Staff Writer
by Fintech Staff Writer043
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.

Fintech Staff Writer
by Fintech Staff Writer071
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
by Fintech News Desk0155
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
by Fintech News Desk0203
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
by Fintech News Desk0161
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
by Fintech News Desk0331
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
by Fintech News Desk0278
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......
Atomyze Appoints FinTech Industry Veteran Jeanine Hightower-Sellitto as Chief Executive Officer
Fintech News

Atomyze Appoints FinTech Industry Veteran Jeanine Hightower-Sellitto as Chief Executive Officer

Fintech News Desk
by Fintech News Desk0288
Atomyze, LLC (Atomyze), the US arm of a global fintech platform that will digitize and modernize trading markets for products, assets and commodities today announced the appointment of Jeanine Hightower-Sellitto as Chief Executive Officer, effective July 27, 2020.  As CEO Hightower-Sellitto will oversee the launch of the company’s products in the US and......
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