CIBC Innovation Banking Provides Debt Financing to NowSecure

CIBC Innovation Banking is pleased to announce new debt financing for Chicago-based NowSecure, a mobile application security and privacy software company. NowSecure plans to use the capital to further invest in its advanced application security testing solutions and go-to-market strategy. NowSecure delivers a full suite of mobile security testing solutions that supports customers in identifying and remediating security threats, compliance gaps, and privacy issues with their mobile application portfolio. Customers can leverage NowSecure to protect...

NYCM Insurance Goes Live with Sapiens Reinsurance Platform

Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, has announced that NYCM Insurance, a property and casualty insurance provider in operation for 120 years, has implemented Sapiens ReinsurancePro to enhance their internal controls processes, automated calculations and reporting. “Sapiens ReinsurancePro provides significant improvements over our previous software solution by both increasing efficiencies and enhancing our data access, reporting and extract capabilities,” said Rich Inman, NYCM Insurance, Accounting Supervisor I. “We...

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