Science and technology in Asia

Insuretech startup Reserv announces Martha Dreiling as Co-Founder and Chief Operating Officer

Retrieved on: 
Thursday, August 18, 2022 - 8:45pm

NEW YORK, August 18, 2022   /PRNewswire-PRWeb/ -- Today, Reserv announced that Martha Dreiling is joining the company as Co-Founder and Chief Operating Officer. Martha brings 15+ years of venture-backed insuretech and fintech experience to Reserv at a pivotal moment as it exits stealth mode and begins its journey of building a digital-first claims management organization.

Key Points: 
  • Today, Reserv announced that Martha Dreiling is joining the company as Co-Founder and Chief Operating Officer.
  • Martha brings 15+ years of venture-backed insuretech and fintech experience to Reserv at a pivotal moment as it exits stealth mode and begins its journey of building a digital-first claims management organization.
  • NEW YORK, August 18, 2022 /PRNewswire-PRWeb/ -- Today, Reserv announced that Martha Dreiling is joining the company as Co-Founder and Chief Operating Officer.
  • Martha brings 15+ years of venture-backed insuretech and fintech experience to Reserv at a pivotal moment as it exits stealth mode and begins its journey of building a digital-first claims management organization.

Global Artificial Intelligence (AI) in Fintech Markets 2022-2030: Analysis by Component (Solutions, Services), Deployment (Cloud, On-premise), & Application (Fraud Detection, Virtual Assistants) - ResearchAndMarkets.com

Retrieved on: 
Thursday, August 18, 2022 - 5:24pm

The global artificial intelligence in fintech market size is expected to reach USD 41.16 billion by 2030, growing at a CAGR of 16.5% from 2022 to 2030.

Key Points: 
  • The global artificial intelligence in fintech market size is expected to reach USD 41.16 billion by 2030, growing at a CAGR of 16.5% from 2022 to 2030.
  • Artificial intelligence (AI) is widely used in financial organizations to improvise their precision levels, enhance their efficiency and instant query resolving through digital banking channels.
  • Organizations are also using it to build more robust fraud detection and prevention systems and help accelerate risk assessments and fraud detection.
  • AI and machine learning have aided banks and fintech firms by allowing them to process massive volumes of client data.

New Research Shows Declining Confidence in the Education Profession, With Educators Calling for Connection, Community and Customization

Retrieved on: 
Thursday, August 18, 2022 - 3:00pm

BOSTON, Aug. 18, 2022 /PRNewswire/ -- According to the 2022 Educator Confidence Report, released today from learning technology company HMH, confidence in the education profession has dropped for the second year in a row. An annual barometer for how educators across the country are feeling about the state of teaching and learning, today's report found more than 3 in 4 (76%) educators feel negatively about the state of the teaching profession in the U.S. The Educator Confidence Index, a measure of overall confidence (out of 100), continues to drop and now sits at 40.0—its lowest in the report's history—down from 42.7 in 2021 and 49.0 in 2020.

Key Points: 
  • Conducted between May and June in partnership withMarketCast, the report revealed three major themes for achieving success in the future: Connection, Community and Customization.
  • When it comes to technology, educators see strong connections between the teacher, student, classroom and home as the top priority.
  • Importantly, survey results showed that educators realize the potential in classroom technology and can visualize how it fits into their workflow.
  • Parents, administrators, policymakers and community members are all needed to support teachers and foster a new generation of educators."

FinovateFall to be Held Next Month in New York City

Retrieved on: 
Thursday, August 18, 2022 - 2:35pm

Finovates conferences are world renowned as best-in-class fintech events and routinely draw the whos who of the financial industry.

Key Points: 
  • Finovates conferences are world renowned as best-in-class fintech events and routinely draw the whos who of the financial industry.
  • Invited speakers include industry stalwarts who offer strategic insights to an audience of C-suite leaders, senior executives and financial innovators.
  • The precisely curated, fast-paced, insightful and to-the-point sessions set Finovates events apart as a highly effective knowledge-sharing and networking platform.
  • New in 2022, FinovateFall will allow access on-demand to the event content for 12 months.

Bond Launches Life-Changing Embedded Credit Product

Retrieved on: 
Thursday, August 18, 2022 - 2:00pm

SAN FRANCISCO, Aug. 18, 2022 /PRNewswire/ -- Bond Financial Technologies Inc., the leading embedded finance platform, today launched a breakthrough new Credit Builder Card that makes it simpler for fintechs and brands to offer secured credit cards to their customers.

Key Points: 
  • Bond has created a simple way for brands to build and offer secured credit cards with the following benefits:
    Require no consumer credit checks: Building credit does not actually require a credit check because the spend limit is secured by a balance.
  • Build credit history: Monthly repayment histories are automatically sent to credit bureaus to build credit history for customers.
  • "We're pleased to partner with Bond to make credit more accessible to consumers and deliver the Credit Builder Card at scale."
  • "Helping platforms like Bond innovate to better serve their clients is why Bloom Credit exists," said Christian Widhalm, CEO of Bloom Credit.

Wells Fargo Names Pocketnest a Finalist

Retrieved on: 
Thursday, August 18, 2022 - 2:00pm

DETROIT, Aug. 18, 2022 /PRNewswire/ -- Pocketnest, the female-founded financial wellness platform, today announces that it has been selected by Wells Fargo Bank, N.A. as one of its 2022 Innovation Challenge finalists.

Key Points: 
  • DETROIT, Aug. 18, 2022 /PRNewswire/ -- Pocketnest, the female-founded financial wellness platform, today announces that it has been selected by Wells Fargo Bank, N.A.
  • "We launched our Innovation Challenge to find solutions like Pocketnest that will help make banking easier and safer for our customers and the financial services industry at large," said Madhu Narasimhan, Wells Fargo's head of Innovation.
  • Pocketnest earned its finalist position in Wells Fargo's Designing the Multi-X Future: 2022 Innovation Challenge for its promising ability to create a more dynamic environment for Wells Fargo customers.
  • Wells Fargo Innovation Challenge judges selected Pocketnest from more than 100 applicants to create a proof of concept for consideration in the bank's digital environment, plus a chance to present at the Wells Fargo Innovation Summit on November 8, 2022, and win $250K.

Bookkeeper360 raises $3.5M Seed Round to Scale Platform and Operations

Retrieved on: 
Thursday, August 18, 2022 - 2:00pm

Today, Bookkeeper360 announced the completion of its seed capital raise round.

Key Points: 
  • Today, Bookkeeper360 announced the completion of its seed capital raise round.
  • This round was filled by new strategic partners, customers, and previous investors of Bookkeeper360, who are also Angel Investors of Etsy.com.
  • Nick Pasquarosa, founder and CEO of Bookkeeper360, said, The future for Bookkeeper360 has never been brighter.
  • Ive never been prouder of our team and value our customers who trust Bookkeeper360 to handle their finances.

Fortanix External Key Manager for Google Cloud Platform Enables University of Groningen to Overcome GDPR and Schrems II Compliance Challenges for Private Healthcare Data

Retrieved on: 
Thursday, August 18, 2022 - 8:00am

The capability, delivered as a service, is a part of Fortanix Data Security Manager (DSM), resulting from its partnership with Google.

Key Points: 
  • The capability, delivered as a service, is a part of Fortanix Data Security Manager (DSM), resulting from its partnership with Google.
  • Handling sensitive healthcare data requires a very strong security and privacy posture and entails handling large volumes of sensitive and private healthcare data, which is stored in Google Cloud Platform (GCP).
  • We were looking for a vendor selected by Google Cloud as a trusted provider of encryption services that could integrate directly with Google Cloud Platform, said Raj Jagesar, University of Groningen.
  • Fortanix's technology and partnership with the power of Google Cloud Platform helps customers tackle GDPR and Schrems II challenges head-on," said Faiyaz Shahpurwala, Chief Product and Strategy Officer at Fortanix.

Tom Bruce joins LawFi as Chief Credit Officer

Retrieved on: 
Wednesday, August 17, 2022 - 8:27pm

JACKSONVILLE, Fla., Aug. 17, 2022 (GLOBE NEWSWIRE) -- LawFi, Inc., ( LawFi ) the startup Legal Fintech company developing the first-of-its-kind Legal Fee Financing platform empowering more inclusive access to legal services and credit, is pleased to announce that Mr. Tom Bruce, former VP Credit, Bank Strategy at Affirm and Chief Credit Officer of First Electronic Bank, has joined our team as an Advisor and Chief Credit Officer.

Key Points: 
  • JACKSONVILLE, Fla., Aug. 17, 2022 (GLOBE NEWSWIRE) -- LawFi, Inc., ( LawFi ) the startup Legal Fintech company developing the first-of-its-kind Legal Fee Financing platform empowering more inclusive access to legal services and credit, is pleased to announce that Mr. Tom Bruce, former VP Credit, Bank Strategy at Affirm and Chief Credit Officer of First Electronic Bank, has joined our team as an Advisor and Chief Credit Officer.
  • Mr. Bruce has extensive experience and expertise in developing and implementing credit policies, models, decision engines, and underwriting criteria.
  • Mr. Bruce commented, "I joined LawFi to help people gain access to the legal system through specialized financing with reasonable repayment terms.
  • Steven Highfill, Founder & CEO of LawFi commented, "Tom brings us the perfect combination of fintech digital POS lending, banking, credit risk, and underwriting experience.

Atlanta's Liger Partners Roars up to Inc 5000 List After Growth

Retrieved on: 
Wednesday, August 17, 2022 - 8:15pm

ATLANTA, Aug. 17, 2022 /PRNewswire-PRWeb/ -- Liger Partners, a full-service B2B marketing firm, roars ahead in growth to make the Inc 5000 list at #2385. This designation celebrates businesses that achieve outstanding revenue growth over a three-year period. Liger Partners attributes the company's success to providing clients with agile marketing services provided by flexible specialists with extraordinary skills. As clients' plans and needs evolve and change, Liger pivots with them.

Key Points: 
  • Liger Partners, a full-service B2B marketing firm, roars ahead in growth to make the Inc 5000 list at #2385.
  • Liger Partners attributes the company's success to providing clients with agile marketing services provided by flexible specialists with extraordinary skills.
  • ATLANTA, Aug. 17, 2022 /PRNewswire-PRWeb/ -- Liger Partners, a full-service B2B marketing firm, roars ahead in growth to make the Inc 5000 list at #2385.
  • Liger Partners attributes the company's success to providing clients with agile marketing services provided by flexible specialists with extraordinary skills.