Company Statements
Cards & Payments
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,...
Banking
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...
Company Statements
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...
Company Statements
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...
Americas
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...
Company Statements
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+...
Company Statements
eBaoTech and Willis Towers Watson collaboration to transform insurance middle office solutions capability
eBaoTech, a global leading digital insurance solution provider and Willis Towers Watson have announced that they will team up to provide a robust, one-stop insurance middle office platform to accelerate digitalisation across the sector.
The collaboration will see Willis Towers...
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