The Rise of Decentralized Finance (DeFi): What to Expect in 2024
2024 is poised to be a pivotal year for DeFi. Explore the emerging technologies and groundbreaking innovations set to revolutionize the financial sector.
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NSM Insurance Group Acquires Equipment Insurance Specialist, Acquis
Acquis, Europe’s leading provider of specialist insurance programs to the asset finance market, today announced it has entered into an agreement to be acquired by NSM Insurance Group, a global leader in specialty insurance with more than $1.5B in premium across 25+ niche insurance programs. For over 30 years, NSM has specialized in investing in a broad portfolio of insurance companies in the U.S. and Europe. Acquis went through an MBO process in 2019 when they were backed by specialist private...
Canada $15.87 Billion Embedded Finance Markets to 2029
The “Canada Embedded Finance Business and Investment Opportunities Databook – 50+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments – Q1 2022 Update” report has been added to ResearchAndMarkets.com’s offering. According to the Q4 2021 Embedded Finance Survey, Canada’s Embedded Finance industry is expected to grow by 42.5% on annual basis to reach US$4,700.8 million in 2022.The embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 25.2% during 2022-2029. The embedded finance revenues in the...
U.S. Embedded Finance Markets & Investment Opportunities Report 2022
The “United States Embedded Finance Business and Investment Opportunities Databook – 50+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments – Q1 2022 Update” report has been added to United States’s Embedded Finance industry is expected to grow by 39.3% on annual basis to reach US$67,562.0 million in 2022. The embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 23.5% during 2022-2029. The embedded finance revenues in the...
Fortis Announces Launch of Equipment Financing Banking Product
Furthering its commitment to providing the best banking solutions for their clients, Fortis, a high-growth commercial bank serving small- to medium-sized privately held businesses in Colorado and Utah, announced the launch of its Equipment Financing product offering. Chris Case will be responsible for the development and execution of this new product at Fortis, aligning with the bank’s growth goals by originating and structuring equipment loans that provide significant value to existing and new clients. He joins Fortis with a...
Regions Bank Taps Dave Strickert as Corporate Credit Products Leader
Thirty-five-year finance industry veteran to lead credit products bankers supporting Diversified Industries, Specialized Industries, Real Estate Banking, and Equipment Finance clients.
Tom Hackett named chief executive officer of Truist Securities
Hackett succeeds John Gregg, who will retire
QuickFi® Named Finalist in 3 Categories: 2022 Banking Tech Awards
QuickFi® was shortlisted for the 2022 Banking Tech Awards USA for Best Use of IT for Lending, Best Innovation, and Best Digital Initiative.
Tamarack Spins-off Salesforce.com Product Division to Northteq
Spin-off splits company into two entities and positions each for growth within their area of expertise MINNEAPOLIS, July 1, 2020 /PRNewswire/ — Tamarack Consulting, Inc, a leader in providing independent software solutions in the equipment finance and commercial lending industry, has announced the spin-off of its Origination Systems/Salesforce.com products division to Northteq, Inc. As a result of the spin-off the two companies will operate as independent entities. Tamarack will continue to focus on Portfolio Management...