Company Statements

Digital Money Myanmar Limited and Ant Financial Services Group, operator of Alipay, announced a strategic partnership to promote financial inclusion for the unbanked and underbanked communities in Myanmar. Ant Group’s expertise in mobile payment and digital financial services will...

Bangkok Bank has wrapped up its previously announced acquisition of a stake of 89.12% in Indonesian lender Bank Permata for $2.28bn from Standard Chartered and Astra International. Under the deal announced in December 2019, Bangkok Bank acquired 44.56% stakes each...

Payments giant Visa has announced an investment of an undisclosed amount in San Francisco, California-headquartered analytics firm. Both the company have also entered into a strategic partnership for the development of data products for improved customer insights. The investment by...

COVID-19 is putting pressure on industries far and wide. Businesses of all sizes, along with their employees, their suppliers, and their customers are feeling the impact. At this point in time, the short and long-term financial implications of this...

ClearPay announced that the Wawanesa Mutual Insurance Company, Canada’s largest Property and Casualty Mutual insurer (Wawanesa), has fully adopted the ClearPay brokerage payment and reporting platform. This platform enables the independent brokerage community to eliminate the need for paper...

Arria NLG, a leading provider of Natural Language Generation (NLG) technology, announced a collaboration with The Bank of New York Mellon Corporation  to help asset managers and asset owners transform data into actionable analytics. BNY Mellon Data and Analytics...

Louisiana’s chief insurance regulator wants insurers to consider offering premium relief to their commercial auto insurance customers due to the impact of the Coronavirus pandemic. Insurance Commissioner Jim Donelon has called on insurers to consider returning a percentage of premium...