Sterling National Bank

Payments

SwiftPass, Wallyt, Findora | December 29, 2020

Findora reported today that the organization will coordinate their solutions with SwiftPass, a main mobile payments service provider in Asia, and Wallyt, a Hong Kong based Fintech that gives global mobile payments and open banking solutions. Findora is a blockchain network that use zero-knowledge proof technology to guarantee security for financial transactions while staying auditable. Findora upholds classified exchange processing, verification and asset issuance for any cryptocurrency or finan...

Fintech

Solvd and Siguler Guff | October 03, 2022

Solvd Inc., a global technology consultancy and software engineering company, today announced that it has secured a majority investment from Siguler Guff & Company, LP (Siguler Guff), a global multi-strategy private markets investment firm with deep experience in the digital product development industry. With Siguler Guff's support, Solvd can continue to expand its distributed development division and will seek to strengthen its advanced capabilities in test automation, application devel...

Fiserv | March 03, 2020

Fiserv has acquired MerchantPro Express as part of the fintech giant's strategy to build up its merchant services business. Financial terms of the deal were not disclosed. A Fiserv distribution partner since 2009, MerchantPro Express provides processing services, POS equipment and merchant cash advances to firms across the US. Fiserv says the acquisition will boost its merchant services business and partner-based distribution, complementing its CoPilot, CardPointe and Clover payment technolo...

Arch Capital | July 15, 2020

Arch Capital Group is expecting somewhere between $205 million and $225 million in pre-tax catastrophe losses across its property casualty insurance and reinsurance segments for the second quarter. The approximation is net of reinsurance recoveries and reinstatement premiums, and spans a range of estimates for exposure to COVID-19 global pandemic claims as well as for losses related to civil unrest claims in the US and other catastrophic events in the period....