KANSAS CITY, Mo., Sept. 24, 2024 /PRNewswire/ — Commercial insurance market conditions favor buyers across most lines of coverage. Still, a sense of fragility in both the economy and the insurance marketplace looms over the industry, according to the latest edition of the Lockton Market Update. The quarterly report published by Lockton, the world’s largest privately […]
Are EVs and Hybrids More Expensive to Insure Versus ICE Vehicles? Mercury Insurance Expert Explains
EVs Offer Lower Operating Costs Compared With ICE and Hybrid Vehicles, but Cost More to Insure LOS ANGELES, Sept. 23, 2024 /PRNewswire/ — With a variety of powertrain options on the market, consumers who are shopping for a new vehicle have a lot to mull over these days. Buy another internal combustion engine (ICE) vehicle? […]
First Pacific Bank expands its instant payments offerings with Finastra, driving growth
With Finastra Payments To Go, the bank enhances its payments infrastructure and unlocks new opportunities LAKE MARY, Fla., Sept. 23, 2024 /PRNewswire/ — Finastra today announced that First Pacific Bank, a Southern California-based community bank that offers custom financial solutions for individuals and businesses, has selected Finastra Payments To Go to modernize its payments infrastructure. The cloud-based, […]
RCN Capital Announces Expansion of Charlotte Office
“We are thrilled to announce the official re-opening and expansion of our Charlotte office. This expansion is a testament to the sizable impact our Charlotte employees have had on RCN’s growth and success,” said Justin Parker, RCN Capital’s Chief Financial Officer. “We’re ecstatic for the new job opportunities this brings to the Charlotte area, and […]
Credit Builders Alliance Launches New Financial Inclusion Pilot Program Using VantageScore 4plus™ Open Banking Credit Score
Launched for pilot earlier this year, VantageScore 4plus incorporates the latest innovations in consumer-permissioned bank data, creating a more inclusive and predictive credit scoring model. This new credit score can help nonprofit lenders better serve their clients by adding new information that can more accurately determine their credit risk by incorporating the customer’s bank account data […]
Fermah Closes $5.2M Seed Round to Abstract Away the Complexity of ZK Proof Generation
NEW YORK, Sept. 17, 2024 /PRNewswire/ — Fermah, the universal proof generation layer, has announced the successful closure of its $5.2 million seed round, co-led by the a16z CSX fund and Lemniscap. The round also included participation from Bankless Ventures, Longhash Ventures, P-OPS team, Public Works, ZK Validator, Lambda Class, Daedalus, Zero DAO, Velocity Capital, and […]
Magic Compass Group Launches New Brand and Prop Trading Business
HONG KONG, Sept. 13, 2024 /PRNewswire/ — Recently, the Magic Compass Group (hereinafter referred to as Magic Compass) announced that it has completed the comprehensive incubation of its prop trading business and officially launched a new platform—The Trader Funds (TTF), which is supported by proprietary capital. The launch of the TTF prop trading brand marks […]
Bloomberg Tax Predicts More Moderate Inflation Rates for 2025
ARLINGTON, Va., Sept. 11, 2024 /PRNewswire/ — Bloomberg Tax & Accounting released its 2025 Projected U.S. Tax Rates, which indicate inflation-adjusted amounts in the tax code will increase 2.8% from 2024. This is about half the increase in 2024, and a significant drop from the 7.1% increase in 2023. The full report is available at: […]