Representatives from Akur8 and Coherent shared their takeaways from Tuesday’s InsurTech Days events with the Business Record over email. What stood out to you from Tuesday’s panel and company presentations? Are there any specific takeaways for your company? Boriana Trifonova, Akur8: I particularly enjoyed hearing about CowbellCyber’s success story and fast evolution since the GIA! The team’s tenacity […]
TrustLayer, a graduate of BrokerTech Ventures’ 2020 accelerator program, announced on Aug. 18 it raised $15.1 million in a Series A funding round. The risk management platform is working to automate the insurance verification process for businesses to save time, reduce administrative costs and correct errors in the previously used manual process. Robotic process automation […]
Alacriti, a financial technology company based in New Jersey, will partner with Iowa-based Veridian Credit Union to enable real-time payments over the Clearing House’s RTP network. Alacriti’s cloud-native program, Cosmos Payment Services, supports Fedwire payments as well as real-time transactions. Using Cosmos will help Veridian simplify operations by allowing access to multiple clearing and settlement […]
Workiva Inc. announced it has acquired next-generation iPaaS provider OneCloud Inc., a move that the Ames-based company said solidifies and accelerates Workiva’s position as a leading cloud platform for financial, regulatory and operational reporting. OneCloud is a pioneer in iPaaS (integration Platform as a Service) technology that offers code-free and intuitive integration, automation and data preparation for […]
ViClarity, a global provider of GRC technology and formerly known as PolicyWorks LLC, will provide a suite of integrated consulting services to clients called AdVisor. This addition with allow GRC technology users to access advanced onboarding, submit questions within AdVisor and receive a timely response from a ViClarity consultant. AdVisor’s Advanced Onboarding feature gives credit […]
Innovative product offers new competitive tool for community banking Collins Community Credit Union, based in Cedar Rapids, announced that it has become the first financial institution in Iowa to partner with fintech provider Kasasa Ltd. to offer an innovative new type of loan product with a “Take-Back” feature. The Kasasa Loan product enables borrowers to […]
Kyle McCann will work to expand vendor partnerships in his new role as director of business development at payment processor VizyPay based in West Des Moines. This promotion comes after his working for the company since 2017, first as a sales agent and then as a technical supervisor. The main goal of the new role […]
Payment fintech Dwolla secured a $21 million venture round led by Foundry Group, Dwolla announced Wednesday. Additional investors include Park West Asset Management LLC, Union Square Ventures, Detroit Venture Partners, Firebrand Ventures and Next Level Ventures. Traeger CEO Jeremy Andrus joined as an individual investor. Global digital payment transactions in 2020 were valued at $5.4 […]
Holmes Murphy a founding co-leader of initiative BrokerTech Ventures is breaking new ground in bringing a more entrepreneurial mindset to the insurance brokerage industry. Conceptualized by Iowa-based insurance brokerage Holmes Murphy in 2019, the technology solutions and innovation initiative rapidly set up its operations and began producing tangible outcomes in 2020 and into 2021 — […]
West Des Moines startup provides start-to-finish digital claims capability for life insurers Nick Gerhart often wonders whether life insurance executives ever attempt to navigate their own company’s claims process. If they did, they would probably want to make some big changes after encountering what is likely a frustrating, time-consuming experience, says Gerhart, chief innovation officer […]