finance - FinTecBuzz

UBS to Acquire Credit Suisse

March 20, 20237 min

Creates leading global wealth manager with USD 5 trillion of invested assets across the Group Extends UBS lead in Swiss home market UBS strategy unchanged, including focus on growth in Americas and APAC Attractive financial terms which include downside protection Annual run-rate of cost reduction of more than USD 8 billion expected by 2027 UBS remains strongly capitalized well above our target of 13% and committed to progressive cash dividend policy A focused Investment Bank,...

by PRNewswire

Insurance

Selective Insurance Introduces Ergonomic Solution

March 20, 20233 min

Selective Insurance, a leading business and personal insurance carrier, has introduced an ergonomic risk assessment tool that can identify high-risk body positions or movements that may lead to severe injuries and costly workers compensation claims. This solution, developed by TuMeke Ergonomics, is available to Selective’s workers compensation policyholders. According to a study of workers compensation claims made with Selective, in 2021 workplace-related injuries were reported 18% earlier in employees’ tenure than in 2011 – 5.2 years compared...

by PRNewswire

Investments

Capital Square Launches Property Management Subsidiary

March 20, 20237 min

Capital Square Living will assume management of parent company's portfolio of 14,000 apartment units across 55 communities

by PRNewswire

Payments

Brankas Secures Payments Licenses in Indonesia & the Philippines

March 20, 20235 min

Brankas is now a licensed payment service provider after acquiring the Bank Indonesia (BI) Payment Service Provider (PJP) Category 3 License and the Operator of Payment Systems (OPS) certificate from the Bangko Sentral ng Pilipinas (BSP). As a BI-registered PSP, Brankas is authorized by BI to conduct payment transactions after demonstrating compliance with the regulatory body’s standards for companies conducting remittance services. As a BSP-registered OPS, Brankas is now under the supervision of the BSP...

by BusinessWire

Investments

X-Caliber Announces Brand Refresh to Represent Growing Platform

March 17, 20235 min

Company Introduces Integrated Logo and New Website

by PRNewswire

Investments

SaveChain Selected to Join Plug and Play’s Digital Assets Batch #2

March 17, 20235 min

SaveChain, a fintech startup, is closer to launching its Web3 bank accounts after being accepted into Plug n Play’s prestigious Digital Assets Accelerator. Using blockchain technology, the platform offers secure and transparent banking services that are faster, cheaper, and more accessible than its competitors. SaveChain’s presentation was voted as one of the best by 30+ Plug n Play’s corporate partners. Financial institutions, such as Visa, Charles Schwab, Wells Fargo, Sumitomo attended the Digital Asset Selection Day...

by PRNewswire

Blockchain

Ripple & Blockchain Founders Fund to Accelerate Web3 Adoption

March 17, 20234 min

Ripple invests in BFF's Fund II to support Web3 and crypto startups globally

by PRNewswire

Blockchain

mintBlue Delivers 50 Million Transactions on Blockchain

March 17, 20235 min

BSV ecosystem member mintBlue, the Blockchain-as-a-Service (BaaS) platform, has broken the Proof-Of-Work world record with over 50M transactions (which is merely a “blip” on the network as BSV is capable of 1.4billion transactions in 24 hours). Over the course of a day (15 March 2023), the platform has processed 18gb of data, at a minimal cost of $325, registering 91% of all transactions across all major blockchains (BitInfoCharts), whilst also being the greenest provider as per the mintBlue Blockchain Sustainability Index. With its...

by PRNewswire

Risk Management

LoanCare Unveils Velocity Servicing™ for Distressed Loans

March 17, 20234 min

New Division offers "Special Servicing at Scale," Helping Reduce Financial Losses, and Maximizing Return on Investments

by PRNewswire

Insurance

PCF Insurance Services Appoints Brandon Gray to VP of Treasury

March 17, 20234 min

PCF Insurance Services (PCF), a top 20 U.S. insurance brokerage firm, announced today the appointment of Brandon Gray to the newly created role of Vice President of Treasury. “We are very pleased to welcome Brandon to the PCF team,” said Felix Morgan, Chief Financial Officer and Chief Operating Officer of PCF Insurance. “Brandon brings vast and deep experience in the finance and treasury functions of large, national corporations to this new role at PCF. His knowledge about investment...

Newer Posts

Older Posts