Risk management - FinTecBuzz

PayerMax Recognized as “Best Payment Service Provider” by MEA Finance

November 18, 20246 min

PayerMax, a leading global provider of payment solutions, has been named Best Payments Solutions Provider of 2024 by MEA Finance magazine at an award ceremony hosted on November 12 in Dubai. The award is a testament of PayerMax’s success in providing exceptional financial technology services to clients in the Middle East and Africa, as well as its leadership position in payment solutions. The annual MEA Finance Industry Awards recognizes the financial institutions, technology solutions providers, fintech companies, service providers and individuals for exceptional achievements,...

by BusinessWire

Risk Management

MVB Names Joe Rodriguez as Chief Risk Officer

November 15, 20246 min

MVB Financial Corp. (Nasdaq: MVBF) (“MVB,” “MVB Financial” or the “Company”), the parent holding company for MVB Bank (the “Bank”), has named Joe Rodriguez as Chief Risk Officer. Rodriguez has a strong reputation in the financial services risk management industry as a leader who operates at the intersection of innovation and prudent risk management. “We are pleased to welcome Joe Rodriguez to the MVB family as a trusted partner on the financial frontier, committed to...

by PRNewswire

Investments

Variant Investments Brings on Senior Hires to Support Ongoing Growth

November 15, 20246 min

Variant Investments, LLC (Variant), an SEC-registered alternative credit investment manager, today announced the appointments of Corey Perlmutter as Senior Vice President of Risk Management and Brandon Jones as Senior Vice President of Investment Analytics. Variant also announced that Erik Baun has joined the firm as Senior Associate of Valuations and Lorena Ledesma has joined as Senior Associate of Investments. Perlmutter and Jones both report to Bob Elsasser, a Co-founder and Principal at Portland, Oregon-based Variant. “As Variant continues to expand and evolve, we are building...

by BusinessWire

Banking

Synovus names new chief credit officer

November 14, 20245 min

Anne Fortner promoted to EVP, chief credit officer; Bob Derrick to retire

by PRNewswire

Risk Management

Preverity Subsidiary Designated as Patient Safety Organization by AHRQ

November 14, 20244 min

Preverity, Inc., a leading provider of risk management and patient safety solutions for the healthcare industry, announced today that its wholly owned subsidiary, Preverity PSO, LLC, has been listed as a Patient Safety Organization (PSO) by the Agency for Healthcare Research and Quality, effective September 6, 2024. PSOs, established by the Patient Safety and Quality Improvement Act of 2005, play a crucial role in supporting healthcare providers in their efforts to enhance patient safety and healthcare quality....

by GlobeNewswire

Risk Management

LPL Financial Launches Curated AI Solutions for Advisors

November 13, 20247 min

LPL Financial LLC, a leader in the wealth management industry, is helping its advisors spend more time on what matters with the launch of a curated program – AI Advisor Solutions – designed to help advisors maximize their days, deliver bespoke client experiences, and leverage data to provide more sophisticated and personalized financial advice. Nearly a third of financial advisors say they do not have enough time to spend with clients, according to J.D. Power’s 2023 U.S....

by BusinessWire

Insurance

AIG Elects Courtney Leimkuhler to its Board of Directors

November 11, 20244 min

American International Group, Inc. (NYSE: AIG) today announced that Courtney Leimkuhler, co-founder and Managing Partner of the venture fund, Springbank, has been elected to its Board of Directors as an independent Director, effective November 5, 2024. Ms. Leimkuhler is a highly accomplished executive who previously held positions at Goldman Sachs, NYSE Euronext and MarshMcLennan. Ms. Leimkuhler began her career in investment banking at Goldman Sachs, before spending nearly a decade at NYSE Euronext, where she...

by PRNewswire

Risk Management

Hale Capital Partners Acquires Majority Stake in Athenium

November 11, 20244 min

Hale Capital Partners (“Hale Capital”), a NY-based private growth equity firm, led a cooperative recapitalization through which it acquired a majority stake in Athenium, a leading provider of innovative risk and quality management solutions for insurance, finance and government sectors. Hale Capital is a growth-oriented private equity fund that recently raised its sixth pool of capital focused on federal and dual use technology solutions as well as commercial special situations. As a DoD Trusted Investor,...

by PRNewswire

Insurance

Fortegra Secures $150 Million in Capital to Support Growth

November 11, 20244 min

Junior subordinated notes issuance comes in anticipation of growing Fortegra's operations

by PRNewswire

Risk Management

Broadridge Recognized by Chartis as Leader in Collateral Management

November 8, 20244 min

Global Fintech leader Broadridge Financial Solutions, Inc., announced that its Banking Book Collateral Management Technology, COLLATE, has been recognized as a category leader in the latest Credit Lending Operations 2024 Report from Chartis, a leading provider of research and analysis on the global market for risk technology. The report evaluates the leading products offered in corporate, small and medium enterprise lending, syndicated lending and private/non-bank credit. Broadridge is highlighted as the overall leader for Completeness of...

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