CIO

Xenos Extends Its Reach Into Central America, Venezuela and the Caribbean

June 26th, 2009

TSX: announced that it has inked a deal with Truenorth Corporation, one of the principal providers of information technology solutions in the Caribbean, to sell Xenos award-winning technology and business solutions to its extensive customer base.
Truenorth, based in Puerto Rico, has long-standing relationships with some of the world’s leading banks and financial institutions. Projects are [...]

SafeAuto Insurance Modernizes Claims Communications with Thunderhead NOW

June 8th, 2009

Thunderhead, recognized innovators in document automation and multi-channel communications solutions, today announced that SafeAuto® Insurance Company has selected the Thunderhead NOW platform to streamline the creation and delivery of customer communications across the enterprise.
SafeAuto provides personal auto insurance on a consumer-direct basis exclusively through online and telephone distribution channels. The company specializes in providing low-cost, [...]

Expansion of The Indian Payment Card Market in the Recent Years

March 9th, 2009

Indian Payment Card Market Forecast to 2012” states that with changing consumer spending patterns and growing income levels, the Indian payment card market, which includes both credit cards and debit cards, has expanded rapidly in the recent years. For instance, the number of debit cards issued by banks more than doubled between FY 2006 to [...]

IMEC Joins the SOI Industry Consortium

February 23rd, 2009

The SOI Industry Consortium, aimed at accelerating silicon-on-insulator (SOI) innovation into broad markets, announced today that IMEC has joined the organization as an academic member. IMEC is a world-leading independent nanoelectronics research center headquartered in Leuven, Belgium. It has been active in the field of SOI technologies for more that two decades.
“SOI has long been [...]

TIAA-CREF Expands Its Community Bank Deposit Investment Program: Bank Deposits Reach $49 Million at Six Prominent Community Banks Across the Country

February 18th, 2009

TIAA-CREF, the leading provider of retirement services in the academic, medical and cultural fields, announced today that it has more than doubled its Community Bank Deposit Investment Program to $49 million of FDIC insured deposits.
In 2007, TIAA-CREF’s Global Social and Community Investing Department first announced the Program placing its first $22 million in deposits with [...]

TIAA-CREF Expands Its Community Bank Deposit Investment Program: Bank Deposits Reach $49 Million at Six Prominent Community Banks Across the Country

February 12th, 2009

TIAA-CREF, the leading provider of retirement services in the academic, medical and cultural fields, announced today that it has more than doubled its Community Bank Deposit Investment Program to $49 million of FDIC insured deposits.
In 2007, TIAA-CREF’s Global Social and Community Investing Department first announced the Program placing its first $22 million in deposits with [...]

Company Profile for First BanCorp

January 31st, 2009

First chartered in 1948, FirstBank was the first S&L institution established in Puerto Rico with a capital of $200,000.
Since its inception the bank played a fundamental role in improving the quality of life in Puerto Rico, by helping thousands of citizens to acquire their first home, thus enhancing their social and economic status.
It converted to [...]

iPartners Launches Customer Advisory Board

January 28th, 2009

iPartners, the leading provider of ‘on demand’ business analytics solutions to the property & casualty (P&C) insurance industry,announced the launch of its Customer Advisory Board (CAB). The initial board is comprised of executive representatives from nine insurer client companies and will be instrumental in working with iPartners to influence iPartners’ business analytics services and product [...]

Wolf Haldenstein Adler Freeman & Herz LLP Commences Class Action Lawsuit on Behalf of Owners of Variable Universal Life Insurance Policies Issued by Argus International Life or Tremont International Insurance Limited

January 22nd, 2009

On January 20, 2009, Wolf Haldenstein Adler Freeman & Herz LLP filed a class action lawsuit in the United States District Court, Southern District of New York, on behalf of all persons who purchased the Variable Universal Life Insurance (“VUL”) Policies issued by Tremont International Insurance Limited or Argus International Bermuda Limited [AGH BH] (collectively, [...]

Anthem Blue Cross and Blue Shield Introduces SmartSense, Price-Conscious Plans Targeted at the Uninsured

January 7th, 2009

Nevadans looking for good news about affordable health care coverage are in luck Anthem Blue Cross and Blue Shield introduced SmartSense — new price-conscious, choice-driven health insurance plan targeted to “early” retirees, the self-employed, independent contractors, students and the uninsured.
“SmartSense represents the best of Anthem’s plans,” said Mike Murphy, president, Anthem Blue Cross and [...]