technology - FinTecBuzz

Binance Launches Payments Technology Company, Bifinity

March 9, 20229 min

Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, has today announced the launch of Bifinity, a payments technology company and its official fiat-to-crypto payments provider. Bifinity’s on- and off-ramp solutions will empower businesses to adopt crypto and reach new audiences with easy, direct fiat-to-crypto transactions. The announcement comes as Bifinity also announced that it has entered into a strategic partnership with EQONEX Limited (NASDAQ: EQOS). As the first digital asset firm with an exchange to...

by PRNewswire

Insurance

Ensurem Enters Into $100 Million Credit Facility with DZ BANK

March 9, 20224 min

Ensurem, a Florida-based insurance technology and distribution company, today announced that it has entered into a $100 million credit facility with DZ BANK. This facility refinances existing debt and allows Ensurem to meaningfully increase the marketing and distribution of Medicare Advantage and Medicare Supplement policies. This new lending facility provides Ensurem with significant capacity to promote initiatives aimed at meeting the healthcare needs of America’s seniors, and to onboard more agents to satisfy this increased demand. Ensurem plans...

by PRNewswire

Insurance

Integrity Marketing Group, LLC acquires Carothers Insurance Agency

March 4, 20226 min

With an unwavering community strength, Carothers Insurance Agency is ready for growth opportunities and enhanced offerings through Integrity Integrity Marketing Group, LLC (“Integrity”), an omnichannel insurtech leader in life, health and wealth solutions, today announced it has acquired Carothers Insurance Agency, a leading independent marketing organization (“IMO”) based in Las Vegas, Nevada. As part of the acquisition, Chris Carothers, President of Carothers Insurance Agency, will become a Managing Partner in Integrity. Financial terms of the transaction were not...

by BusinessWire

Banking

Cross River and Sunstone Credit Announce Partnership

February 25, 20226 min

Sunstone Credit’s solar financing products customized for businesses further differentiate Cross River’s lending portfolio Cross River’s Venture Arm, Cross River Digital Ventures, also provided strategic investment to fuel Sunstone Credit’s next stage of growth Cross River Bank (“Cross River”), a technology driven infrastructure provider that offers embedded financial solutions, and Sunstone Credit, Inc. (“Sunstone”), a technology-enabled solar loan finance platform for small and medium-sized businesses (SMBs), today announced a partnership to further Sunstone’s mission of...

by BusinessWire

Insurance

Great American Insurance Group & RPX to Bring Patent Risk Coverage

February 25, 20223 min

Great American Insurance Group and RPX Insurance Services, LLC (RPXIS), a wholly owned subsidiary of RPX Corporation, are pleased to announce the availability of patent infringement defense coverage as part of Great American’s Risk e-Business Cyber Risk Insurance PolicySM. This coverage will be included for policyholders selecting Technology Errors & Omissions (E&O) coverage. The patent risk coverage element will be underwritten by Great American Insurance Company and Great American Fidelity Insurance Company, with claims management...

by PRNewswire

Banking

Consumer Resistance to Banking AI in Illinois

February 24, 20224 min

Few banks are disclosing the number of AI users that engage with their chatbots. Why? Bank of America reported about 20 million or about 30% of their customers arere using ERICA – their chatbot. ERICA has been in use for over 4 years, So, Foresight Research wondered about consumer resistance to AI and chatbots and surveyed 700 consumers of banking products and services to find out the resistance to AI in Illinois. To start with, about...

by BusinessWire

Crypto Currencies

Coincover Launches Protection for Personal Cryptocurrency Wallet

February 23, 20224 min

First consumer protection technology protects against theft and loss

by BusinessWire

Blockchain

JPMorgan Chase, Toshiba, & Ciena to Secure Blockchain Application

February 21, 20227 min

Proof of Concept Showed Ability to Detect and Defend Against Potential Threats and Eavesdroppers

by BusinessWire

Payments

Leading Technology Players Join Mastercard Send Partner Program

February 18, 202220 min

Mastercard Send enables people and organizations to send and receive money in real-time, at home and abroad The Mastercard Send Partner Program provides industry leaders and tech enablers with tools and support to drive innovation to meet evolving consumer expectations for speed, choice and security in real-time digital payments Members of the program will be supported to accelerate the embedding of Mastercard Send into their services to create a seamless digital instant payments journey for...

by BusinessWire

Blockchain

SIMBA Chain Acquires StrongSalt to Bring Decentralized Privacy

February 16, 20225 min

Acquisition of privacy-centric company provides proprietary technology to enhance SIMBA Chain’s existing Web3 infrastructure platform

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