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Standard Bank partners with Microsoft, SAP to speed up digitalisation

South African bank Standard Bank announced that it is moving its core SAP Cloud Platform services to Microsoft Azure to improve customer experience and to marketing new products, more efficiently. The partnership between Microsoft and SAP aims to speed up...

Koreas Qworld launches QRC simple payment system based on blockchain technology

Based on four years of angel investment and market experience in various blockchain projects, Qworld, led by co-founder Ko Do-hyoung, has launched the QRC System for simple payments, based on blockchain technology. The system supports payments in RMB, USD,...

Lloyds Banking Group, Google Cloud sign five-year cloud deal

As part of the deal, Lloyds Banking Group will deploy various services from Google Cloud to help in its objective of optimisation, modernisation, and improvement of the customer experience Lloyds Banking Group has signed a five-year cloud contract with Google...

ACI Worldwide launches Incremental Learning technology for fraud protection

Incremental Learning technology addresses the advancement required for current machine learning models in adapting to the changes in fraud patterns ACI Worldwide, a provider of real-time electronic payment and banking solutions, has launched ‘Incremental Learning’ a new technology to enhance...

Boost Insurance raises $14m to expand IaaS platform

The investment, which brings Boost's total funding to $17m, will be used to launch new business lines. New York-based insurance start-up Boost Insurance has secured $14m in a new funding round that was co-led by Coatue and Greycroft to...

Hg to invest in financial software firm smartTrade

UK-based private equity firm Hg, has agreed to acquire stake in smartTrade Technologies, a French electronic trading solutions firm, from Keensight Capital and Pléiade Venture, for an undisclosed amount. Under the transaction agreement, smartTrade CEO and co-founder David Vincent and...

Aviva launches Simple Life Insurance product

The new Simple Life Insurance product will help advisers make sure that more customers are protected financially irrespective of their budget, says Aviva British insurance company Aviva has introduced Simple Life Insurance, a new cover to complement its Life Insurance+...

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