Flourish

Flourish Cash Announces Fourth Increase in FDIC Insurance Coverage This Year

Retrieved on: 
Wednesday, November 15, 2023

The increased FDIC insurance coverage will allow two-person households to be eligible to receive up to $16M in FDIC insurance through a joint account and two individual accounts.

Key Points: 
  • The increased FDIC insurance coverage will allow two-person households to be eligible to receive up to $16M in FDIC insurance through a joint account and two individual accounts.
  • Flourish continues to expand its Program Bank network to further increase the FDIC coverage offered to clients.
  • This marks the company’s fourth raise in FDIC insurance coverage year-to-date, following an increase last month .
  • “This year alone, Flourish has added 11 additional banks to our Program Bank network to further increase the FDIC coverage we are able to offer to our clients.

Juniper Research Releases its Top 10 Fintech & Payments Trends for 2024, Amidst Unprecedented Technological Shifts

Retrieved on: 
Wednesday, November 15, 2023

Juniper Research unveiled today the 10 trends that are set to radically impact the fintech and payments landscape in 2024, included within its latest whitepaper .

Key Points: 
  • Juniper Research unveiled today the 10 trends that are set to radically impact the fintech and payments landscape in 2024, included within its latest whitepaper .
  • This is combined with unprecedented competition to be ‘top of wallet’ for customers, making the market more competitive and uncertain than ever.
  • Biometric In-store Payments to Surge, as Checkout Innovation Rises
    Juniper Research's VP of Fintech Market Research, Nick Maynard, commented: “The fintech and payments market is undergoing fundamental changes, with new payment methods and different business models threatening to completely uproot existing operations.
  • Juniper Research has, for two decades, provided market intelligence and advisory services to the global payments sector, retained by many of the world’s leading fintech and payments providers.

Flourish Research Expands with opening of new site Bowie

Retrieved on: 
Monday, December 11, 2023

NEW YORK, Dec. 11, 2023 /PRNewswire-PRWeb/ -- Flourish Research announces the opening of a new Cardiology research site. Flourish - Bowie is in the metropolitan area of Baltimore, MD, and Washington DC, and expands the company's cardiovascular and metabolic therapeutic areas under the leadership of cardiologists, Barbara Hutchinson MD, PhD and Sarah Collins, MD. Dr. Hutchinson is the Chairwoman of the Board for the Association of Black Cardiologists and her practice, Chesapeake Cardiac Care, has been serving a diverse patient population since its founding in 2003.

Key Points: 
  • Flourish Research announces the opening of Flourish-Bowie, a new Cardiology research site in the metropolitan area of Baltimore, MD, and Washington DC.
  • NEW YORK, Dec. 11, 2023 /PRNewswire-PRWeb/ -- Flourish Research announces the opening of a new Cardiology research site.
  • Flourish - Bowie is in the metropolitan area of Baltimore, MD, and Washington DC, and expands the company's cardiovascular and metabolic therapeutic areas under the leadership of cardiologists, Barbara Hutchinson MD, PhD and Sarah Collins, MD.
  • Flourish Research is committed to improving diversity in clinical research and with the help of the Association of Black Cardiologists we are proud to launch our first De Novo site, bringing us closer to accomplishing this goal."

Spade Raises a $10M Flourish Ventures-led Series A to Provide Card Issuers with the Most Comprehensive and Truly Real-Time Merchant Intelligence to Power Critical Authorization Decisions

Retrieved on: 
Wednesday, December 6, 2023

NEW YORK, Dec. 6, 2023 /PRNewswire/ -- Spade, the fastest and most accurate provider of real-time merchant intelligence for the card ecosystem, closed a $10M Series A round led by Flourish Ventures with continued participation from a16z, Gradient Ventures, Y Combinator, Dash Fund, and Everywhere Ventures (The Fund).

Key Points: 
  • Spade provides the fastest and most accurate real-time merchant intelligence card issuers use to improve fraud models.
  • Nearly 2 billion credit card transactions are processed daily on infrastructure that hasn't changed since the 1960s.
  • Based on this string of text, the card issuer must make a vital authorization decision in under two seconds.
  • Card issuers spend over $30 billion in dispute costs and lose over $32 billion to credit card fraud annually.

Flourish Announces Integration with Wealthbox Technology Platform

Retrieved on: 
Tuesday, October 17, 2023

NEW YORK, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Flourish , a platform which provides innovative access to financial products that help registered investment advisors (RIAs) secure their clients’ financial futures, today announced an integration between Flourish Cash , its cash management offering, and Wealthbox , a leading CRM platform for financial advisors.

Key Points: 
  • NEW YORK, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Flourish , a platform which provides innovative access to financial products that help registered investment advisors (RIAs) secure their clients’ financial futures, today announced an integration between Flourish Cash , its cash management offering, and Wealthbox , a leading CRM platform for financial advisors.
  • The direct integration is already in use by advisors and allows them to rapidly prefill applications and send Flourish invitations from within Wealthbox.
  • Advisors using Wealthbox can now easily pre-fill client applications and instantly send invites to Flourish Cash, allowing them to quickly and efficiently bring new assets into their orbit through Flourish Cash .
  • "Flourish’s integration with Wealthbox has improved our firm’s process of inviting clients to Flourish Cash, making it simple and easy.

Flourish Cash Announces Increase in FDIC Insurance Coverage

Retrieved on: 
Friday, October 13, 2023

New York, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Flourish , a platform that provides innovative access to financial products that help registered investment advisors (RIAs) secure their clients’ financial futures, today announced that Flourish Cash , its cash management offering, has raised its already elevated FDIC insurance coverage through its Program Banks.

Key Points: 
  • New York, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Flourish , a platform that provides innovative access to financial products that help registered investment advisors (RIAs) secure their clients’ financial futures, today announced that Flourish Cash , its cash management offering, has raised its already elevated FDIC insurance coverage through its Program Banks.
  • The increased FDIC insurance coverage will allow two-person households to be eligible to receive up to $12M in FDIC insurance through a joint account and two individual accounts.
  • Flourish continues to expand its Program Bank network to further increase the FDIC coverage offered to clients.
  • This follows an increase in FDIC insurance coverage last month .

Flourish Research Announces the Acquisition of Valley Clinical Trials in California

Retrieved on: 
Tuesday, September 26, 2023

NEW YORK, Sept. 26, 2023 /PRNewswire-PRWeb/ -- Flourish Research announces the acquisition of Valley Clinical Trials in Los Angeles, California. Valley is a leading clinical research site with three locations in Los Angeles County that specializes in cardiology, metabolic, and related therapeutic areas. With the acquisition, Flourish now has 15 sites across seven states.

Key Points: 
  • NEW YORK, Sept. 26, 2023 /PRNewswire-PRWeb/ -- Flourish Research announces the acquisition of Valley Clinical Trials in Los Angeles, California.
  • Valley is a leading clinical research site with three locations in Los Angeles County that specializes in cardiology, metabolic, and related therapeutic areas.
  • Valley Clinical Trials' knowledge and expertise in Flourish's core therapeutic areas will augment our existing capabilities, and we are very happy to expand our footprint with multiple sites in California.
  • Reinhold Schulz, CEO of Flourish Research, said "Valley Clinical Trials' knowledge and expertise in Flourish's core therapeutic areas will augment our existing capabilities, and we are very happy to expand our footprint with multiple sites in California."

Lexasure Financial Group Founder & CEO Ian Lim to Receive BrandLaureate Awards for Digital Insurance Solutions and Visionary Entrepreneur of the Year

Retrieved on: 
Monday, September 18, 2023

"An early pioneer of Reinsurance-as-a-Service, Lexasure's growth and success at the helm of the digital insurance transformation is further underscored by this award," said Ian Lim, Founder and Chief Executive Officer of Lexasure.

Key Points: 
  • "An early pioneer of Reinsurance-as-a-Service, Lexasure's growth and success at the helm of the digital insurance transformation is further underscored by this award," said Ian Lim, Founder and Chief Executive Officer of Lexasure.
  • Lexasure's Product Solutions Suite provides digital insurance solutions for agriculture products through Flourish, medical and health products through Vivacity and ArCare, and automotive solutions through an associate's RACE mobile app, with additional products in development.
  • Mr. Lim noted, "The hard work and success of our employees resulted in this personal accolade.
  • I could not be prouder of our team and look forward to all that we that we will accomplish in the future."

Flourish Cash Wins WealthManagement.com Industry Award for Outstanding Achievement in Cash Optimization

Retrieved on: 
Tuesday, September 12, 2023

New York, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Flourish , a platform that provides innovative access to financial products that help registered investment advisors (RIAs) secure their clients’ financial futures, today announced that Flourish Cash , its cash management offering, earned the WealthManagement.com 2023 Industry Award for Best Cash Optimization Solution.

Key Points: 
  • New York, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Flourish , a platform that provides innovative access to financial products that help registered investment advisors (RIAs) secure their clients’ financial futures, today announced that Flourish Cash , its cash management offering, earned the WealthManagement.com 2023 Industry Award for Best Cash Optimization Solution.
  • Flourish Cash is a cash management solution built explicitly for RIAs that offers clients competitive interest rates and elevated FDIC insurance through its Program Banks.
  • We are thrilled to be recognized by WealthManagement.com as the best cash optimization solution,” said Max Lane, CEO of Flourish.
  • Both Flourish Cash and Flourish Crypto are recognized as RIA favorites in Bob Veres’ 2023 T3/Inside Information Advisor Software Survey .

Flourish Cash Announces Significant Raise in FDIC Insurance Coverage and Elevated Interest Rate

Retrieved on: 
Friday, September 8, 2023

The increased FDIC insurance coverage will allow two-person households to be eligible to receive up to $10M in FDIC insurance through a joint account and two individual accounts.

Key Points: 
  • The increased FDIC insurance coverage will allow two-person households to be eligible to receive up to $10M in FDIC insurance through a joint account and two individual accounts.
  • Through these bank relationships, Flourish Cash clients will now be eligible to receive up to $2.5M for individual and business accounts and up to $5M for joint accounts.
  • We’re pleased to be able to further meet that need with up to $10 million in FDIC insurance for a 2-person household–doubling our FDIC coverage since the beginning of the year,” said Max Lane, CEO of Flourish.
  • Are they earning a competitive rate?”
    In addition to elevated FDIC insurance, Flourish Cash clients benefit from current interest rates that are more than 11x the national savings account average.