Fintech PR
GSCF Acquires IBM Deutschland Kreditbank GmbH
Extends Connected Capital Ecosystem of Corporates and Bank Partners
for Coverage Across the EU
NEW YORK, Jan. 7, 2025 /PRNewswire/ — GSCF, a leading global provider of working capital solutions, today announced the acquisition of IBM Deutschland Kreditbank GmbH to enhance its Connected Capital capabilities under the new brand GSCF Working Capital Bank GmbH.
This strategic move strengthens GSCF’s position as a global leader in working capital optimization and empowers the Company to deliver additional value to its clients and funding partners. GSCF Working Capital Bank is licensed by the European Central Bank to provide flexible capital solutions throughout the EU, supported through GSCF’s best-in-class servicing platform.
By operating with a banking license, GSCF can unlock additional partnership opportunities for banks and asset managers and provide enhanced services to corporate customers with specific needs requiring access to alternative capital.
Benefits to Banks & Asset Managers:
- Broadened Market Reach: Enhanced capability to fund working capital solutions across the EU by leveraging GSCF’s banking license and managed services.
- Strengthened Partnerships: Increased potential to collaborate with corporate clients and other financial institutions to address liquidity needs.
- Enhanced Product Offerings: Flexibility to offer a wider range of working capital products and services.
- New Revenue Opportunities: Potential to tap additional revenue streams by offering innovative financing solutions.
Benefits to Corporates:
- Expanded Regional Footprint: Support for seamless cross-border transactions in the EU without the complexity of accessing or managing a banking license.
- Flexible Access to Capital: Ability to leverage GSCF’s unique operating capabilities which combine the speed and agility of alternative capital with the proven regulatory and support functions of a bank.
- Tailored Solutions: Access to customized working capital solutions geared to meeting specific business needs in the EU.
- Streamlined Operations: Automation and full transparency into working capital processes, resulting in added operational efficiency, increased liquidity, and improved cash flow.
“By completing this strategic acquisition, we have further positioned GSCF to redefine the future of working capital. With GSCF Working Capital Bank, we will offer our clients a more comprehensive suite of Connected Capital solutions to support a financial ecosystem that more seamlessly integrates alternative capital and bank financing,” said Doug Morgan, GSCF’s Chief Executive Officer.
About GSCF
GSCF is the leading global provider of working capital solutions. The Company empowers corporates and their financial institution partners to accelerate growth, unlock liquidity and manage the risk and complexity of the end-to-end working capital cycle. GSCF’s innovative Working Capital-as-a-Service offering combines the power of an end-to-end technology platform with expert managed services and alternative capital solutions. GSCF’s team of working capital experts operates in over 75 countries, offering a truly global and comprehensive Connected Capital solution to working capital efficiency challenges. Visit www.gscf.com to learn more.
Contact Information:
GSCF
Natalie Silverman
Chief Marketing Officer
[email protected]
(609) 577-5083
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View original content:https://www.prnewswire.co.uk/news-releases/gscf-acquires-ibm-deutschland-kreditbank-gmbh-302343223.html
Fintech PR
oneZero kicks off 2025 with focus on driving innovation and announcement of LPGA sponsorship
BOSTON, Jan. 8, 2025 /PRNewswire/ — oneZero, a global leader in multi-asset enterprise trading technology solutions, is kicking off 2025 with the announcement of a new brand campaign “Driving Innovation”, complemented by the sponsorship of Alexa Pano, a rising star in the Ladies Professional Golf Association (LPGA). This partnership reflects oneZero’s commitment to fostering a culture of resilience, progress and innovation. oneZero’s focus on “Driving Innovation” has been showcased in the recent transformative investment in oneZero by Golden Gate Capital, a series of industry recognized disruptive capabilities for banks and institutional brokers, and a set of 2025 innovations highlighted by oneZero’s CEO at the end of 2024.
Hailing from Westborough, Massachusetts, near oneZero’s Boston based headquarters, Alexa Pano exemplifies the values that resonate deeply with oneZero: determination, hard work and innovation. As a young athlete making waves in professional golf, Alexa’s journey aligns with oneZero’s mission to drive innovation in the financial markets and redefine what’s possible.
oneZero selected Alexa Pano for her influential presence in the LPGA, aligning with the company’s dedication to empowering women and promoting gender equality, as well as the desire to advance the brand through sport, in an industry that historically underemphasizes the momentum of programs such as the LPGA.
“This partnership with Alexa Pano represents more than just support for a promising athlete; it’s a celebration of innovation and breaking boundaries,” said Andrew Ralich, CEO and co-founder of oneZero. “Alexa’s determination on the course mirrors oneZero’s resolve to revolutionize financial technology,” added Andrew Ralich.
Alexa Pano expressed her enthusiasm for the partnership, stating, “I’m thrilled to partner with oneZero, a company that values hard work and innovation as much as I do. Their support not only fuels my journey on the LPGA Tour but also highlights the importance of empowering women in sports and beyond. I’m excited to work with oneZero to inspire others and make an impact together.”
Engaging both employees and clients through sport has been an integral part of oneZero’s culture since the firm’s inception. As part of the sponsorship, Alexa will engage in oneZero-hosted golf events, including their flagship golf event in Miami next month, as well as oneZero’s participation in the annual Big Brothers Big Sisters Golf for Kids golf outing, a charity that oneZero management has remained engaged with for many years. Alexa will feature the oneZero logo on her apparel at these events and while on tour.
oneZero’s recent investment from Golden Gate Capital, announced in November 2024, is accelerating oneZero’s organic growth and M&A strategy. This is enabling oneZero to further expand its innovative technology solutions and strengthen its position as a leading technology partner in the global OTC trading market.
“We are excited to showcase more examples in the coming months of how our organization, alongside Alexa, will continue to “drive innovation” in 2025!” added Andrew Ralich.
About Alexa Pano
Alexa Pano is an LPGA golfer recognized as one of the sport’s brightest up-and-coming talents. Known for her tenacity and skill, Alexa’s accomplishments on the golf course have made her a role model for aspiring athletes and a powerful advocate for women in sports. Alexa recently finished T-10 at the 2024 AIG Women’s Open. In 2023, she won the ISPS Handa World Invitational on her 19th birthday for her first career professional victory on the LPGA Tour.
About oneZero
oneZero Financial Systems has been a leading innovator in multi-asset class enterprise trading technology since 2009. Its powerful software encompasses the Hub, EcoSystem and Data Source – three components that together provide a complete solution for execution, distribution and analytics. Through reliable connectivity, technology, infrastructure and market access, oneZero empowers financial institutions and brokers to compete effectively in the global financial markets through a globally compliant, liquidity-neutral solution. oneZero is certified to the standards of ISO 27001 information security management systems, and has development and operations centers in Asia, Australia, Europe and North America.
For more information, please contact:
Talia Geberovich
Head of Marketing and Communications
[email protected]
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View original content:https://www.prnewswire.co.uk/news-releases/onezero-kicks-off-2025-with-focus-on-driving-innovation-and-announcement-of-lpga-sponsorship-302344392.html
Fintech PR
Holistic care for senior citizen parents of NRIs: Policybazaar and insurer partners join hands for elderly support services
GURUGRAM, India, Jan. 8, 2025 /PRNewswire/ — Policybazaar, in collaboration with its insurer partners, has lifted the caregiving worry off the shoulders of its NRI customers by introducing a range of comprehensive services as part of the NRI Care Program. The program includes benefits such as dedicated NRI concierge services including hospitalization and claims support for NRIs and their elderly parents living in India. Policybazaar is now stepping up to provide absolute peace of mind for its NRI consumers through emergency and healthcare management as well. Health insurance in India for NRI’s senior citizen parents is thoughtfully designed to fulfill every aspect of elderly caregiving. These services ensure that NRIs and their senior citizen parents receive top-notch support on priority.
Comprehensive elderly care under one roof
This new initiative rolls out an umbrella of services aimed at easing the concerns of NRIs, 40-60% of whom hail from the Gulf region and the rest majorly from the US and Canada. Notably, 50% of these NRIs prioritize securing the well-being of their elderly family members in India. Our research indicates that more than 70% of the NRIs expressed the need for support in services such as right doctor or hospital identification in India and thereafter with claims paperwork.
These services include:
Emergency and concierge support: A 24/7 emergency helpline dedicated to NRIs ensures immediate assistance during critical moments. Additionally, concierge services help manage essential formalities and documentation seamlessly.
Healthcare needs management: NRI Care program provides access to doctors on call, tailored medical consultations, ambulance coverage and guidance on hospital selection among other benefits. It also facilitates sessions with psychologists and physiotherapists.
Social engagement and wellness activities: Seniors can access engaging activities and lively events to stay active and socially connected, along with counseling services to support their emotional well-being.
Streamlined claim support and tailored assistance: Policybazaar has also introduced a unique on-ground claim support service, promising assistance within 30 minutes for emergency needs. This swift and personalized approach underscores Policybazaar’s commitment to making the claims process as stress-free as possible for senior citizens and their families.
A solution tailored to NRIs’ needs
“Our aim is to provide NRIs with a worry-free experience, knowing their loved ones in India are being cared for with the utmost professionalism and empathy. By integrating healthcare management, social engagement, and emergency services, we are redefining senior care, making it holistic and truly impactful,” says Sarbvir Singh, Joint Group CEO, PB Fintech.
“Recognizing the dual challenges faced by NRIs in managing professional lives abroad and ensuring the well-being of their families in India, the NRI Care Program bridges this critical gap. This initiative comes from a deep understanding of the social and clinical needs of seniors and how NRI customers struggle to manage them from far away. We aim at offering a blend of practicality and compassion that sets a new benchmark for eldercare services,” says Siddharth Singhal, Head, Health Insurance, Policybazaar.com.
With this forward-looking approach, Policybazaar is empowering NRIs to support their elderly family members, ensuring they live a life of dignity, health and joy – no matter where their loved ones reside.
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View original content:https://www.prnewswire.co.uk/news-releases/holistic-care-for-senior-citizen-parents-of-nris-policybazaar-and-insurer-partners-join-hands-for-elderly-support-services-302345779.html
Fintech PR
BIZCLIK MEDIA LAUNCHES JANUARY EDITIONS OF FINTECH MAGAZINE & INSURTECH DIGITAL
The January editions of FinTech Magazine and InsurTech Digital contains exclusive insights from EY, Hiscox & Storebrand.
LONDON, Jan. 8, 2025 /PRNewswire/ — BizClik, the UK’s fastest-growing publishing company, has published the latest editions of FinTech Magazine and InsurTech Digital. These publications are highly regarded voices within the Financial Sector for their in-depth reports and interviews with prominent figures in the industry.
FinTech Magazine
This month’s edition features an extensive lead report with Chris Schmitz, EMEIA FinTech Leader at EY.
“Many industry players, particularly in insurance and asset management, have no experience providing real-time data through API infrastructure.”
The edition also contains extensive interviews with key thought leaders from Storebrand, Abu Dhabi’s Department of Culture and Tourism & CFC. Plus, the Top 10: Finance Trends.
You can visit FinTech Magazine for daily news and analysis of the ever-changing financial industry.
InsurTech Digital
This month’s edition features an extensive lead report with Eddie Lamb, CISO at Hiscox, as he uncovers the wide-ranging costs of cyber-attacks, the changing threat landscape and the power of cyber resilience.
“Although cyber-attacks can have significant financial consequence, the impact on customer trust and brand reputation can be even more costly.” – Eddie Lamb, CISO at Hiscox
The edition also contains extensive interviews with key thought leaders from Innovation Group, EY and Hagerty. Plus, the Top 10: Sustainability Leaders in Insurtech.
You can visit InsurTech Digital for daily news and analysis of the ever-changing insurance industry.
About BizClik
BizClik is one of the fastest-growing digital media companies in the UK, host to a growing portfolio of industry-leading global brands and communities.
BizClik’s expanding portfolio includes Technology, AI, FinTech, InsurTech, Supply Chain, Procurement, Energy, Mining, Manufacturing, Healthcare, Mobile, Data Centre, Cyber, and Sustainability.
For more information, please visit our website.
View original content:https://www.prnewswire.co.uk/news-releases/bizclik-media-launches-january-editions-of-fintech-magazine–insurtech-digital-302345742.html
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