Hollard Insure Selects Sapiens for Digitalization Program

Sapiens’ solution powers Hollard Insure’s digital strategy to create a one-stop-shop for brokers Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, announced today that it has expanded its relationship with the Hollard Insurance Company (Hollard), to empower Hollard’s strategic digital drive with Sapiens cloud-native, low-code DigitalSuite. When Hollard Insure, the short-term division of the Hollard Insurance Company, was looking to modernize their technology stack, but keep the legacy back-end,...

Adyen to offer Tap to Pay on iPhone

By transforming an iPhone into a payment terminal, the solution will increase payment mobility Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, is working with Apple to offer Tap to Pay on iPhone for its U.S. customers later this year. The solution allows Adyen’s U.S. customers to use their iPhones to accept contactless payments, without the need to purchase or manage additional hardware or payment terminals. Adyen is working with...

Delta Capita Opens Bangalore Office

Following recent significant investments in JDX Consulting and Wrexham, Delta Capita (the Financial Services division of Prytek) has selected Bangalore as a prime location for its expanding global footprint. The Delta Capita Bangalore office has opened in Karnataka with a team of 21 and is expected to more than double by June. The new office will support Delta Capita’s CLM (Client Lifecycle Management) managed services business and there are plans to expand and serve other business lines...

ACON Investments Acquires Stake in Sapore S.A

ACON Investments, L.L.C. (“ACON“) announced today that affiliates of ACON Latin America Opportunities Fund V, L.P. (“ALAOF V“) and its co-investors have acquired an equity stake in Sapore S.A. (“Sapore” or the “Company“). Sapore is the largest privately-owned corporate foodservice business in Brazil, serving blue-chip clients and operating more than 1,100 facilities throughout the country. Founded in 1992, Sapore is based in Campinas, São Paulo and serves more than 1 million meals daily to companies in...

Summit Bank Hires Aaron Walker as Chief Credit Officer

Craig Wanichek, President and Chief Executive Officer of Summit Bank, today announced the hiring of Aaron Walker as Chief Credit Officer. Walker has nearly 30 years of experience in banking with a balanced mix of senior management positions in Commercial Real Estate and Commercial and Industrial Lending. Most recently, Walker was the manager of Commercial Real Estate lending for Columbia Bank, responsible for growing and managing a $1.2 billion portfolio of income property loans. Before...

The Marketing Alliance Announces Financial Results for Fiscal 2022 Q3

The Marketing Alliance, Inc. (OTC: MAAL) (“TMA” or the “Company”), today announced financial results for its fiscal 2022 third quarter ended December 31, 2021. FY 2022 Third Quarter Financial Highlights (all comparisons to the prior year period) Operating income increased to $1,121,784 compared to $581,519 in the prior year period despite a 29% decrease in revenue to $5,694,085 Operating income (from continuing operations) increased in the quarter due in part to an Employee Retention Credit of...

AM Best Assigns Credit Ratings to Euro Accident Livförsäkring AB

AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Euro Accident Livförsäkring AB (Euro Accident) (Sweden). The outlook assigned to these Credit Ratings (ratings) is stable. The majority owner of Euro Accident is Impilo AB, a Swedish investment firm focused on Nordic health care investments. The ratings reflect Euro Accident’s balance sheet strength, which AM Best assesses as strong, as well as its adequate...

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