PRNewswire - FinTecBuzz

Bairong’s Full-Scenario AI Products Shine at 2024 Hong Kong Fintech Week

PRNewswireNovember 12, 20244 min

Recently, Bairong made a significant impact at the 2024 Hong Kong Fintech Week held at the AsiaWorld-Expo, showcasing its full-scenario digital intelligence products and solutions. This annual event brought together over 30,000 industry leaders from more than 100 countries to discuss the latest advancements in fintech. Bairong, a company that has been deeply involved in the AI technology field for over a decade, became the focus of the week with its cutting-edge artificial intelligence technology and...

Investments

Wealth Enhancement Group Acquires M&R Capital Management, Inc.

PRNewswireNovember 12, 20244 min

This partnership marks Wealth Enhancement Group's sixth location in New Jersey and brings the firm's total client assets to more than $96.6 billion.

Payments

PhotonPay Becomes a Mastercard Issuer in Hong Kong

PRNewswireNovember 12, 20247 min

To launch Mastercard Commercial Credit Card to help businesses better navigate market volatility

Insurance

NowCerts Inc. Announced Rebranding to Momentum

PRNewswireNovember 12, 202410 min

NowCerts, Inc., a leader in insurance technology and agency management solutions, is excited to announce its rebranding to Momentum. This reflects its ongoing commitment to innovation, adaptability, and the transformation of insurance agency management. The new name represents the company’s evolution and vision to deliver a robust, flexible platform for agencies looking to accelerate their operations with cutting-edge tools, streamlined workflows, and integrations catering to every insurance agency’s unique needs. This rebrand marks a new...

Risk Management

Hale Capital Partners Acquires Majority Stake in Athenium

PRNewswireNovember 11, 20244 min

Hale Capital Partners (“Hale Capital”), a NY-based private growth equity firm, led a cooperative recapitalization through which it acquired a majority stake in Athenium, a leading provider of innovative risk and quality management solutions for insurance, finance and government sectors. Hale Capital is a growth-oriented private equity fund that recently raised its sixth pool of capital focused on federal and dual use technology solutions as well as commercial special situations. As a DoD Trusted Investor,...

Investments

Calamos Investments Announced a Promotion; Adds Strategic Hires

PRNewswireNovember 11, 20245 min

Calamos Investments LLC (“Calamos”), a leading global investment manager, today announced the promotion of Thomas Kiley to the position of Chief Distribution Officer. In this role, he will oversee investment product distribution across all channels. Mr. Kiley will serve as a member of the Calamos CEO executive team and coordinate with both internal and external strategic partners, reporting directly to President and CEO John Koudounis. Kiley joined Calamos from BlackRock, where he worked for nearly two decades and led national...

Blockchain

Pharos Closes $8 Mn Seed Round Led By Lightspeed Faction and Hack VC

PRNewswireNovember 11, 20245 min

The funding round is announced alongside a partnership with ZAN to jointly explore hardware acceleration, infrastructure technologies, and more

Insurance

Fortegra Secures $150 Million in Capital to Support Growth

PRNewswireNovember 11, 20244 min

Junior subordinated notes issuance comes in anticipation of growing Fortegra's operations

Banking

Old Point Announces Appointment of Cathy W. Liles as CFO

PRNewswireNovember 11, 20243 min

Cathy W. Liles has been appointed Senior Vice President and Chief Financial Officer of Old Point Financial Corporation (NASDAQ: OPOF) and Executive Vice President and Chief Financial Officer of Old Point National Bank. Cathy has served as Old Point’s Interim Chief Financial Officer since July of this year. “Cathy’s experience in the banking industry as well as her broad background in accounting make her a beneficial addition to Old Point’s executive team and her appointment reflects...

Payments

Tranglo expands footprint in GCC

PRNewswireNovember 11, 20244 min

Tranglo, a leading global cross-border payment hub, today announced its expansion within the Gulf Cooperation Council (GCC) by launching services in three new markets: Oman, Qatar, and Bahrain. This strategic move aims to meet the growing demand for efficient remittance services across the GCC region, one of the largest remittance markets globally. By expanding into Oman, Qatar, and Bahrain, Tranglo’s innovative payment solutions are now accessible to over 31 million migrant workers, primarily from South and Southeast Asia, many of whom depend on remittances to support...

Newer Posts

Older Posts