AM Best Assigns Credit Ratings to AXA Insurance (Gulf) B.S.C.(c)

AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” (Excellent) to AXA Insurance (Gulf) B.S.C.(c) (AXA Gulf) (Bahrain). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect AXA Gulf’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management (ERM). On 7 September 2021, AXA Gulf announced...

Guaranteed Rate Insurance Appoints Jeff Wingate as EVP

Guaranteed Rate Insurance, an independent brokerage that offers personal, commercial, life and specialty insurance, announces it has hired Jeff Wingate as its new Executive Vice President to drive growth and diversify its product offerings. As EVP and Head of Guaranteed Rate Insurance, Wingate, an industry veteran with more than 30 years of relevant experience, will lead the team of more than 200 insurance professionals and focus on organic growth, and mergers and acquisitions. Wingate’s goal will be...

Global Consumer Mobile Payments Market to Reach $15.8 Bn by 2026

A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Consumer Mobile Payments – Global Market Trajectory & Analytics.” The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace. FACTS AT A GLANCEEdition: 9; Released: April 2021Executive Pool: 3341Companies: 57 – Players covered include ACI Worldwide, Inc.; Alphabet, Inc.; Apple, Inc.; DH Corporation; Fidelity National Information Services, Inc. (FIS); Fiserv, Inc.; Jack Henry & Associates, Inc.;...

Koert Grasveld joined TerraPay as Vice President – Payments

TerraPay, a leading global payments infrastructure company today announced the appointment of Koert Grasveld as Vice President-Payments. Koert will be responsible for managing and expansion of TerraPay’s Payments business across current and new partners. A seasoned professional, Koert comes with a working experience of more than 15 years in diverse industries and sectors. He started his career in the Hospitality industry where he was responsible for the e-commerce business (the online distribution of the hotel properties...

U.S. Based Crypto Miners Reap the Benefits

The Chinese government’s crackdown on cryptocurrencies is once again in the news. According to CNN, Chinese government agencies including the country’s securities regulator and the People’s Bank of China (PBOC) said in a statement on Friday that all cryptocurrency-related business activities are illegal and promised to punish illicit activities involving digital currencies. The first stages of the crackdown have already caused many crypto miners to leave China and set up operations elsewhere. In fact, Texas seems to be one of such desired...

BankProv Partners with Fintel Connect

Innovative digital commercial bank, BankProv, partners with industry-leading performance marketing technology provider, Fintel Connect, to power its affiliate and influencer marketing program BankProv, a future-ready commercial bank offering adaptive and technology-first banking solutions to emerging markets, has launched its affiliate program in partnership with Fintel Connect, a leading provider of AI-powered performance marketing solutions built for the financial industry. As the 10th oldest bank in the United States, BankProv has evolved from The Provident Bank as a...

Kasasa® Achieves AWS Financial Services Competency Partner Status

The financial technology partner joins an elite group of banking companies to receive the esteemed accreditation Kasasa®, the only financial technology partner committed to helping community banks and credit unions take back banking by equipping them with world-class financial products, announced today that it has achieved Amazon Web Services (AWS) Financial Services Competency Partner status. Kasasa is the fifth banking company in North America and the ninth banking company globally to receive the noteworthy designation. The AWS Financial Services Competency Partners certification is a company-level accreditation that aims to...

Fintech Company SKUx Appoints Jack Lord as Senior Vice President

Lord Joins Highly Accomplished Management Team on Mission to Transform Obsolete Coupon, Offers and Settlement System Impeding Today’s Retailers and Consumer Brands SKUx, an innovative fintech company redefining the way consumer offers are delivered, redeemed, settled and reported, today announced the appointment of Jack Lord, a highly accomplished growth leader, as senior vice president of sales. Lord, who comes to SKUx from Blackhawk Network, has an exceptional track record of driving growth and business relationships for...

Creditas Solutions appoints Ramakant Khandelwal as CPO

Creditas Solutions, India’s leading FinTech in delinquency management, announces the appointment of Ramakant Khandelwal, former Marketing and Digital leader from PAYBACK India, as the Chief Product Officer. An industry veteran with 21 years of experience across multiple segments including BFSI, Loyalty, and FMCG, Ramakant has demonstrable track-record to scale business growth, achieve goals, and drive profitability. He holds a Bachelor’s degree in Engineering from IIT Roorkee and an MBA degree from MDI, Gurgaon. Most recently, Ramakant has worked with PAYBACK...

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