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Affiliated Financial Services

Financial solution for the Affiliated Hospital of Jining Medical College, China

Within the Chinese market Siemens is almost the only multinational company that can provide financial services and technology as one complete ...

Service of mobile devices dominates Alipay

Mobile phone based transactions continued to maintain strong momentum last year among the users of Alipay, the third-party online platform affiliated to Ant Financial, a branch of Jack Ma's Alibaba.

According to a report released by Alipay on Jan. 4, about 71 percent of the transactions among 450 million users registered with real names on Alipay last year were completed by cell phones. Users born in the 1980s and 1990s were the most prolific consumers with the average annual spend of a single person born in the 1980s surpassing 120,000 yuan (US$17,500) and 91 percent of post-1990s paid their bills simply by moving index fingers.

The dominant mobile payment system has expanded radically from big cities such as Beijing, Shanghai and Guangzhou, to the hinterlands including Tibet, Qinghai and Gansu provinces. Meanwhile, Tibet has secured a top position for five years in a row for the rate of Alipay's mobile device service which accounted for 90 percent of local online transactions last year.

Nick Gerhart to Join FBL Financial Group as Chief Administrative Officer

Gerhart, 41, served as the Insurance Commissioner of the State of Iowa from February 2013 until December 2016. Prior to that, he worked at Sammons Financial Group and American Equity Investment Life Insurance Company. He earned his law degree and health law certificate from St. Louis University School of Law and a Masters of Health Administration from St. Louis University School of Public Health. He also earned a B.A. from the University of Northern Iowa.

“I am thrilled to welcome Nick to our organization; it’s a win on many levels,” said James P. Brannen, FBL Financial Group’s Chief Executive Officer. “Nick has provided outstanding service to the State of Iowa and the insurance industry, and he has a reputation for innovation and fairness. His deep understanding of insurance and regulation makes him ideally suited for this role,” Brannen adds. “Through my work with Nick on the Federation of Iowa Insurers and as an insurance carrier in the State of Iowa, I’ve come to admire his passion, insight and tireless work ethic.”

Has anyone had a phone call from a group called Affiliated Financial Services?

They claim to be able to reduce my interest rate on my credit card by a one time payment of $995. It sounds like fraud to me, but I need a little bit of guidance. Help?