Finanta Announced Partnership With IBC Bank

IBC Bank, one of the leading financial institutions in the US, is delighted to announce a strategic partnership with Finanta, a pioneer in financial technology solutions, aimed at revolutionizing its commercial loan originations, collateral management, portfolio management, and all lines of business in commercial lending operations. This collaboration marks a significant step in IBC’s ongoing commitment to enhance its digital banking services and deliver cutting-edge solutions to its customers. By integrating Finanta’s advanced commercial lending...

DriveWealth Hires Venu Palaparthi as Chief Operating Officer

Drip Capital, a leading digital platform for trade finance, has secured $113 million in new funding. This includes $23 million in equity from Japanese institutional investors, GMO Payment Gateway and Sumitomo Mitsui Banking Corporation (SMBC), and $90 million in debt financing, led by the International Finance Corporation (IFC) and East West Bank. Drip has seen remarkable growth, quadrupling its revenue and doubling its customer base in the past two years. The company has expanded its services for SMBs by integrating forex and risk...

Verikai unveils CaptureHealth and Capture360

Verikai, an industry innovator in health insurance, proudly announces the launch of CaptureHealth and Capture360, two groundbreaking solutions designed to revolutionize healthcare risk analysis. These offerings are part of the comprehensive Verikai platform. The CaptureHealth model provides a health-centric risk score by feeding comprehensive medical claim and health history data into Verikai’s proprietary machine learning models. Capture360 adds hundreds of thousands of behavioral and social determinants of health (SDoH) factors to CaptureHealth in order to...

First AML joins The NayaOne Marketplace

First AML, the global scaleup which streamlines the entire anti-money laundering (AML) onboarding and compliance process, has joined the NayaOne Tech Marketplace. First AML’s leading AML platform, Source, is an all-in-one self-service for local and global KYC, designed to suit all AML teams and built for every step of the AML process.  Additionally, Source by First AML combines data sources, risk assessment, onboarding, case management, verifications, entity structure builds, PEPs and sanctions, workflow management and...

Selective Insurance Introduces Ergonomic Solution

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...

Finvi Awarded FedRAMPÂź Authorization for Cloud Service Offering

Finvi, a leading provider of enterprise workflow automation software built to accelerate revenue recovery and simplify the payment process, announced that it has Authorization to Operate (ATO) at the Moderate Impact level under the Federal Risk and Authorization Management Program (FedRAMP). FedRAMP is a government-wide program that promotes the adoption of secure cloud services across the federal government by providing a standardized approach to security and risk assessment for cloud technologies and federal agencies. Finvi...

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