Three years after its introduction to the digital currency industry, Silvergate’s payments platform achieves major milestone October 06, 2020 08:30 AM Eastern Daylight Time LA JOLLA, Calif.--(BUSINESS WIRE)--Silvergate Capital Corporation (the “Company” or “Silvergate”) (NYSE: SI), the leading provider of innovative financial infrastructure solutions to the digital currency industry, today announced that it has achieved $100 billion in transfer volumes across its Silvergate Exchange Network (“SEN”). Developed by the Company in 2017, SEN enables digital
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CUNA Mutual Invests in Medicare Agency Coverance Insurance Solutions receives $10.5M in financing from the venture capital arm of CUNA Mutual Group. By Jim DuPlessis September 29, 2020 at 03:59 PM A Los Angeles-area Medicare insurance agency has raised $10.5 million in financing, including investments from CUNA Mutual Group and existing investor Strandview Capital. Coverance Insurance Solutions, based in Long Beach, Calif., announced the investment Monday, saying it will work with CUNA Mutual Group and explore opportunities to
Read moreCXChoice is integrated with most title production software The closing process is often fraught with last-minute surprises that can create time delays and cost overruns. Technology offers a solution, but it is often a partial answer. In the case of eClosings, platforms need to consider both the high-tech considerations and the human element. CXChoice from The Closing Exchange is an integrated signing services platform providing flexibility and multiple closing options, including mobile notary, eSignings, hybrid
Read moreLenders are growing significantly by implementing their award-winning platform. For example, JFQ Lending has experienced explosive growth, a 3322% monthly increase going from 9 million a month to over 300 million a month in less than two years.
Read moreSilvergate Bank, a crypto-friendly bank, officially began selling shares on the New York Stock Exchange Thursday. Roughly a year after it first filed for its initial public offering, Silvergate began its “IPO day” on the NYSE, according to the stock exchange’s Twitter account. The news comes a day after Silvergate received a “notice of effectiveness” from the U.S. Securities and Exchange Commission, indicating its long-running IPO bid had been accepted. The bank currently serves more than 750 firms in the
Read moreSenior-focused health insurer launches national TV campaign LONG BEACH, Calif., Oct. 7, 2019 /PRNewswire/ -- Coverance Insurance Solutions, a national health insurance broker focused on the senior marketplace, is proud to announce the launch of its national television campaign featuring renowned actor Kelsey Grammer. Timed to coincide with the start of this year's Medicare Annual Enrollment Period from October 15 through December 7, the new TV commercials will showcase Grammer discussing the challenges of selecting the best Medicare insurance coverage
Read moreSilvergate Bank, one of the cryptocurrency industry’s few go-to financial service providers, is planning to become a crypto lender. According to an updated IPO filing, Silvergate, which serves some of the cryptocurrency world’s top firms like Coinbase, Bitstamp, Genesis Trading, Blocktower Capital, Polychain Capital and Xapo, has seen increased demand from the industry and is aiming to become an even more crypto-focused institution. In particular, the bank is planning to offer fiat loans, collateralized with crypto, to
Read moreCOSTA MESA, Calif., July 18, 2019 (GLOBE NEWSWIRE) -- Insellerate, the true mortgage CRM and the industry leader in intelligent borrower engagement, has added Neil Sahota, IBM Master Inventor, United Nations Artificial Intelligence (AI) subject matter expert and noted author to its board of advisors to enhance its AI technology and strategy. The integration of AI into the Insellerate platform is helping to revolutionize the way lenders manage their lead generation, prospecting, engagement, conversion, and
Read moreLONG BEACH, Calif., June 26, 2019 /PRNewswire/ -- The Closing Exchange announced today its strategic partnership with DocuSign, to deliver managed services to the real estate and mortgage industry. Through an integrated solution, The Closing Exchange will provide seamless e-signature capabilities and hybrid eClosings for DocuSign users within their CXChoice™ platform. "Together the Closing Exchange and DocuSign offer a practical managed service to title agents and lenders interested in providing their clients with choice about how they want to
Read moreFOR IMMEDIATE RELEASE HUNTINGTON BEACH, Calif., Oct. 9, 2018 /PRNewswire/ -- The Closing Exchange announced today, at the ALTA One Conference in Los Angeles, the launch of a new dynamic patent-pending signing services platform, CXChoiceSM, providing the title and mortgage industry a flexible, highly-integrated system to transform the customer experience. "CXChoice, our new integrated platform allows you to use your workflow, our integrated platform, and your customer's choice on how to close," said Alan Frelix, CEO of The Closing Exchange. "We offer
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