Dwolla CEO/founder Ben Milne cuts the ribbon as the company unveils new headquarters in February 2019 at 909 Locust. Photo provided Dwolla is searching for a new CEO after founder Ben Milne announced he was going to step away from the role in a blog post published this afternoon. Milne…
Kansas City-based Commerce Bank announced it has launched a real-time payments system aimed at enabling property-casualty insurers to provide faster, more convenient claims payments. The new product, CommercePayments PreferPay, provides customers, claimants and service providers with multiple claims payment options including ACH, check or direct-to-debit card via Visa Direct. Commerce…
The Global Insurance Accelerator’s sixth cohort will welcome eight insurtech companies to Des Moines for the 100-day term beginning Jan. 14, the accelerator announced this week. The cohort features Caregiven (Oregon), Denscore (Michigan), Gerald Tech (New York), InsureVite (Singapore), Kiwi (New York), Summary Medical (Wisconsin), TCARE (Missouri) and UDoTest (Massachusetts)….
Registration is open for the 2020 Global Insurance Symposium scheduled for April 21-23 in Des Moines, organizers announced. The annual symposium provides a venue for the insurance industry to address issues affecting the marketplace, with a focus on technology, policy and innovation. Registration is available online.
Des Moines-based Dwolla was awarded the ‘Excellence in Finance – Companies’ award at the 2019 FiNext Conference in Florida for the startup’s “significant contribution towards the financial sector,” FiNext announced last week. Dwolla builds an API platform that connects to the ACH Network to easily move money for businesses.
CEO and founder, Denim In 2015, Gregory Bailey – like many entrepreneurs – struck out and launched a startup from his Urbandale home. He had spent more than two decades in the corporate insurance world, including holding executive positions at Athene USA and Pacific Life. Now, his startup, Denim, operates…
Des Moines-based LenderClose, a web-based underwriting and lending assistant platform, has integrated the e-recording platform Simplifile, which functions as an electronic liaison between lenders and country recording offices, LenderClose announced this week. Simplifile claims to have deployed its platform in 50% of all U.S. recording jurisdictions, with a goal to…
The Financial Industry Regulatory Authority has opened a new office to serve as the regulator’s hub regarding fintech innovation, reports Financial Planning. The Office of Financial Innovation was created out of the pre-existing Innovation Outreach Initiative, which was established in mid-2017 to help the regulator better understand fintech innovations.
Entrepreneur, venture capitalist and 2020 Democratic presidential candidate Andrew Yang will be speaking at the 2019 Monetery tech summit in Des Moines, hosted by Dwolla at the Temple of Performing Arts. Yang is the founder of Venture for America, and as a political candidate is best known in the field…
The second annual report on the Women in Finance Charter just landed from the U.K. Treasury, and the good news is there has been an improvement in the past year, reports Bloomberg and the Washington Post. The bad news: out of 123 signatories to the charter, 10 percent reported they weren’t…
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Visit www.businessrecord.com/innovation-iowa to view all Innovation Iowa stories, including the 2026 Innovation Iowa Magazine, out now.
-Sarah Diehn, Business Record Editor