Vouch Announces $90 Million of Funding
September 13, 20215 min
Vouch Becomes a Reinsurer and Launches Licensed Carrier to Expand Insurance Coverages for Early to Mid Stage Startups
MeridianLink Reports Second Quarter 2021 Results
September 8, 20218 min
Revenue of $68.5 million grows 38% year-over-year
PayBito’s Expansion Plans: Invites Franchise Partnerships
August 26, 20214 min
PayBito floats franchise offers, inviting organizations to a profitable venture with a globally reputed brand to effectively promote the concept behind PayBito.
AM Best Affirms Credit Ratings of Korea P&I Club
August 23, 20218 min
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Korea P&I Club (KP&I or the Club) (South Korea). The outlook of these Credit Ratings (ratings) is negative. The ratings reflect KP&I’s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management. The ratings also acknowledge the wide range of support...
Mosaic Insurance & DXC Technology Launch Technology Platform
August 20, 20217 min
Artificial intelligence underwriting support, blockchain-enabled access to real-time data, and advanced automation will significantly increase the speed at which specialty insurance can be sold, underwritten and serviced Mosaic Insurance and DXC Technology (NYSE: DXC) today announced the successful launch of an innovative new insurance technology platform that increases the speed at which specialty insurance is sold, underwritten and serviced. Together with DXC’s business-process expertise and technology, Mosaic, a next-generation global specialty insurer, will refine underwriting, simplify transactions, and...
BIT Mining Limited Announces Unaudited Financial Results
August 18, 202139 min
BIT Mining Limited (NYSE: BTCM) (“BIT Mining,” “the Company,” “we,” “us,” or “our company”), a leading cryptocurrency mining enterprise, today reported its unaudited financial results for the second quarter ended June 30, 2021. Cryptocurrency Business Progress BIT Mining has completed the transition of its business to an enterprise that covers cryptocurrency mining, data center operation and mining pool. The Company has commenced ethereum mining operations outside of mainland China, with a theoretical maximum total hash rate capacity of 600 GH/s deployed...
Ignite Sales Taps Fintech Expert Kenneth Patrick
August 11, 20214 min
Fiserv Alum to Support Rapid Adoption of Ignite’s Customer Engagement Platform Ignite Sales, Inc., the leader in retail banking customer engagement and retention technology, today announced the appointment of G. Kenneth Patrick to Chief Growth Officer. In this role, Ken will steer all of Ignite’s business development activities, including sales and partnerships for Ignite’s award-winning customer engagement platform. “Ken has a strong strategic understanding of the financial and technology needs of banks and credit unions...
SitusAMC Expands European Servicing Business to Include Direct Debt
August 10, 20214 min
Alfonso Pagano hired as director to lead the expansion to service non-CRE corporate debt SitusAMC, one of the largest independent, rated commercial real estate primary and special servicers in Europe, announced the expansion of the firm’s servicing business in Europe to include corporate direct debt, infrastructure and social housing loans. SitusAMC currently services 67 billion euros in commercial real estate loans with assets located in 18 countries through Europe for banks, insurance companies, funds, and private equity firms. Alfonso Pagano has been hired as...