ZAIC acquires Special Insurance Services, Inc
January 6, 20225 min
Purchase of Texas-based Special Insurance Services, Inc., expands Zurich's ability to serve growing market for gap medical and occupational accident products.
State Street and LSEG Expand Relationship
December 21, 20213 min
State Street Corporation (NYSE:STT) and London Stock Exchange Group (LSE:LSEG), today announced their agreement to extend their relationship. Building on their longstanding relationship, the agreement includes a wide range of capabilities to support State Street across its business, enhancing its offerings to clients. “State Street has been a valued client of both FTSE Russell and Refinitiv for many years and we are excited to extend our collaboration,” said Andrea Remyn Stone, Group Head, Data &...
Blockchain Market worth $67.4 billion by 2026-MarketsandMarkets™
November 10, 202111 min
According to a new market research report “Blockchain Market with COVID-19 Impact Analysis, by Component (Platforms and Services), Provider (Application, Middleware, and Infrastructure), Type (Private, Public, and Hybrid), Organization Size, Application Area, and Region – Global Forecast to 2026“, published by MarketsandMarkets™, the Blockchain Market size is projected to grow from USD 4.9 billion in 2021 to USD 67.4 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 68.4% during the forecast period. The major driving factors contributing to the high growth...
AI in Fintech Market to Surpass $46,881.9 Million Revenue by 2030
November 10, 202111 min
The global AI in fintech market size is projected to increase to $46,881.9 million by 2030 from $7,702.7 million in 2020, at a 19.8% CAGR between 2020 and 2030. With AI, the efficiency of financial processes and the security of money-related data can be improved massively. For instance, in regard to fraud detection, AI monitors people’s online transactional behavior so that any deviation and a potential fraud can be identified in real time and stopped right there. Moreover, AI helps in...
Hilb Group Acquires Gerardi Insurance Services, Inc.,
October 20, 20213 min
The Hilb Group announced today that it has acquired Connecticut-based Gerardi Insurance Services, Inc., increasing its New England footprint. The transaction became effective October 1, 2021. Based in Putnam, Connecticut, Gerardi Insurance is dedicated to offering a full suite of Property & Casualty and Employee Benefits products and services for clients throughout the region. Agency Principals Matthew Desaulnier and Edward Desaulnier and their team of insurance professionals will be joining Hilb Group’s New England regional operations. “We take great pride in the trusted relationships...
Tokio Marine Highland Adds Fine Art in its Insurance Offerings
October 11, 20214 min
Fine Art Insurance Veteran Christiane Fischer to Lead New Division
i2c and Solid Partner to Offer Issuing-Processing Solutions
September 16, 20213 min
Fintechs collaborate to simplify the adoption of payments capabilities through a single, fully integrated suite of services i2c Inc., a leading provider of digital payment and banking technology, today announced its partnership with Solid, a modern Fintech as a Service (FaaS) platform, to provide streamlined access to banking, payments, and card services to companies. By working with fintech enablers like i2c, Solid offers SMEs, FIs, and neobanks a compliant, managed solution to support a variety of...
Payment Platform, Nium to Acquire Wirecard Forex
July 7, 20215 min
Foreign currency exchange, pre-paid card, and remittance service provider gives Nium greater reach into India’s booming payments market Nium, a leading global payments platform, today announced it has signed a definitive agreement to acquire Wirecard Forex India Pte. Ltd – a foreign currency exchange, pre-paid card, and remittance service provider in India. Wirecard Forex is licensed by the Reserve Bank of India as an Authorized Category II Money Exchange Dealer (AD II) and the acquisition includes Wirecard’s AD II licence. With...
Benefix Appoints Grant McGrail as Chief Revenue Officer
June 24, 20204 min
Top talent to super-charge Benefix’s growth.