Apto Payments Acquires Fintech Startup Vertical Finance

Apto Payments, a next-generation cards and payments company, today announced its acquisition of challenger credit card startup, Vertical Finance. The move expands both Apto Payments’ product offerings and team. Through the acquisition, Apto Payments will gain Vertical Finance’s innovative credit card platform and rewards technology. Prior to the acquisition, Vertical Finance’s credit platform matched consumers with high-quality boutique merchants and authentic rewards to enhance their lifestyle pursuits. “Card issuance represents a critical new frontier for...

PZU Group Adopts Akur8 to Boost Its Insurance Pricing Process

Baltic entities of Insurance Group PZU, one of the largest financial institutions in Central and Eastern Europe, and Akur8 are delighted to announce their collaboration, to enhance PZU’s pricing process across two of its Baltic entities. This deal reinforces Akur8’s international reach as the next generation pricing platform, as well as its footprint in Central and Eastern Europe. Specifically developed for insurers, Akur8’s solution enhances their pricing process by automating risk and demand modeling, using...

Mosaic Insurance & DXC Technology Launch Technology Platform

Artificial intelligence underwriting support, blockchain-enabled access to real-time data, and advanced automation will significantly increase the speed at which specialty insurance can be sold, underwritten and serviced Mosaic Insurance and DXC Technology (NYSE: DXC) today announced the successful launch of an innovative new insurance technology platform that increases the speed at which specialty insurance is sold, underwritten and serviced. Together with DXC’s business-process expertise and technology, Mosaic, a next-generation global specialty insurer, will refine underwriting, simplify transactions, and...

Shift4 Payments Adds Karen Roter Davis to Board of Directors

Shift4 Payments (NYSE: FOUR), today announced the appointment of Karen Roter Davis to the Shift4 Payments Board of Directors, effective August 16, 2021. Ms. Davis will service as a member of the Audit Committee and Compensation Committee. Ms. Davis will be replacing Andrew Frey, who stepped down from the Board of Directors, effective immediately. Following the appointment of Ms. Davis, the Board will comprise 7 Directors, 4 of which are independent. “We are pleased to...

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