Pomelo launches most secure international money transfer product
November 22, 20244 min
Pomelo Bank Transfers are the most secure in international money transfer1, giving customers the confidence to trust where their money is going.
Summit Bank promotes Matt Dynice to SVP, Credit Administrator
June 30, 20223 min
Craig Wanichek, CEO & President, announced today the promotion of Matt Dynice to Senior Vice President, Credit Administrator at Summit Bank. He has over 20 years of commercial banking experience. He is highly skilled in Commercial and Industrial banking. Before being promoted, Matt worked as a Vice President, Business Client Advisor in our Central Oregon office, where he developed significant relationships over time. He will continue to work out of the Central Oregon office as...
London-based Emerging Markets Investment Bank Announces the Launch of its Broker-Dealer Affiliate in New York BancTrust & Co. Investment Bank (BancTrust), a leading global emerging markets investment bank, today announced the launch of BancTrust Securities USA (BancTrust USA), its U.S. broker-dealer affiliate. BancTrust USA is a member of Financial Regulatory Authority (FINRA) and is registered with the Securities and Exchange Commission (SEC). BancTrust USA is based in New York City and will represent BancTrust with U.S. institutional investors and major U.S. institutional investors under...
Elephant Insurance Provides Notice of Data Event
May 9, 202214 min
Elephant Insurance, and its subsidiary Apparent Insurance (together, “Elephant Insurance”), values and respects the privacy of information which is why it is providing notice about a recent incident that may involve certain consumer information. This information either relates to current or previous Elephant Insurance customers or is information Elephant Insurance received as part of providing a quote for auto or other insurance coverage. Elephant Insurance is providing information about the incident, its response, and resources...
Zeta & Mastercard to Power Next-gen Credit Processing for Banks
March 8, 20226 min
Mastercard makes capital investment in Zeta
Cross River and Sunstone Credit Announce Partnership
February 25, 20226 min
Sunstone Credit’s solar financing products customized for businesses further differentiate Cross River’s lending portfolio Cross River’s Venture Arm, Cross River Digital Ventures, also provided strategic investment to fuel Sunstone Credit’s next stage of growth Cross River Bank (“Cross River”), a technology driven infrastructure provider that offers embedded financial solutions, and Sunstone Credit, Inc. (“Sunstone”), a technology-enabled solar loan finance platform for small and medium-sized businesses (SMBs), today announced a partnership to further Sunstone’s mission of...
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...