Clodwick will primarily focus on helping companies in restructuring and M&A
Wyre is the latest company to integrate with MoneyGram's recently launched platform focused on bridging the gap between physical and digital currencies
Columbia Bank Expands Business Lending Division in Utah
July 6, 20227 min
Veteran Bankers Jeffrey Thomas, James Divver to Deliver Business Lending Services
Thread Fills Key Leadership Role on Path to Modernize Banking
July 1, 20224 min
Clif Howard takes over from Matt Johnson as Chief Financial Officer
Topdanmark deploys Guidewire on multiple fronts
June 27, 20224 min
Guidewire (NYSE: GWRE) today announced that Topdanmark, Denmark’s second largest insurance company, has implemented Guidewire to lower IT architecture complexity and focus on the development of a strong platform with streamlined systems. The implementation will enable Topdanmark to engage more effectively with customers across multiple channels, to digitize policy and billing processes, and enable self-service functionality. Guidewire has been deployed to Topdanmark’s wind turbine, property, and content lines of business in their Agriculture division. This...
Samuel Hale Announces Captive Insurance Program
June 21, 20223 min
Samuel Hale, an Employer Carve-out Organization (ECO), will insure its $50 million workers’ compensation risk through an Insurance Captive fronted by A+ rated, Arch Insurance, effective July 1, 2022. “We’ve been working toward this for the last six years,” says Samuel Hale CEO, Michael A. DiManno. “The captive arrangement will enable us to maximize the advantages of our carve-out agreement which drives the economics of our business,” he adds. California has a very high litigation rate on workers’ compensation insurance...
MoneyGram Launches Crypto-to-Cash Service on the Stellar Network
June 13, 20228 min
Available now in a number of key global remittance markets, including Canada, Kenya, Philippines, and the U.S., with additional countries launching throughout June
IMG Launches iTravelInsured Essential
May 27, 20224 min
International Medical Group® (IMG®), an award-winning global insurance benefits and assistance services company, is excited to introduce iTravelInsured Essential, a new cost-effective travel insurance offering ideal for price-conscious travelers seeking only the most vital trip protection benefits. IMG’s lowest-priced travel protection program, iTravelInsured Essential allows travelers, such as U.S. residents traveling within the U.S., to protect their prepaid, non-refundable trip costs with the most fundamental travel insurance benefits. “We are thrilled to introduce our new iTravelInsured...
Unit, the first banking-as-a-service platform to achieve unicorn status, announces its expansion into credit products. Unit, the leading banking-as-a-service platform that empowers companies to embed financial services in their products, today announced it has raised a $100 million in a Series C round led by global software investor Insight Partners, with participation from existing investors including Accel, Better Tomorrow Ventures, and Flourish Ventures. New investors Moving Capital and Stepstone also joined the round. The latest infusion of...
U.S. consumers are seeking faster payments in more areas of their increasingly on-demand lives, with four out of five saying they are interested in faster options to pay businesses, according to a survey released today by the Federal Reserve Banks. About 70% say having access to enhanced faster payment capabilities from their financial institution(s) is an important satisfaction driver. “From recurring payments to last-minute bill pay, consumers are looking for faster payment options that give them more...