Company Statements
Banking
SB Financial to acquire Edon Bancorp for $15.5m
SB Financial, the parent company of State Bank and Trust, has agreed to acquire Edon Bancorp, in a deal worth $15.5m. Based in Edon, Ohio, Edon Bancorp is the parent company of The Edon State Bank Company of Edon,...
Banking
Standard Chartered, Infor partner to enhance supply chain liquidity
UK-based banking and financial services firm Standard Chartered, has partnered with enterprise software company Infor, to introduce the Infor Nexus network to its clients.
The Infor Nexus network is said to transform the traditional manual process of data matching across...
Banking
EQT opens office in Sydney – further strengthens Asia-Pacific footprint
EQT announced the opening of an office in Sydney, Australia. The office will be led by Ken Wong, Managing Director and Head of EQT Australia & New Zealand, who was previously based in EQT’s Singapore office and will return...
Company Statements
Vermont Mutual Insurance implements InsuranceNow from Guidewire
Vermont Mutual to leverage Guidewire’s core system in the cloud to increase business agility and speed-to-market. Vermont Mutual Insurance Group, a US-based insurance company has implemented InsuranceNow, a cloud-based insurance solution developed by Guidewire.
The implementation of Guidewire’s InsuranceNow is...
Cards & Payments
Amazons New Plan to Connect Mobile Payments, Biometrics Sparks Wariness at KBW
The “Back to the Future” series of films gave us several exciting glimpses of what was at the time future technology. While some of it never quite got off the ground—like hoverboards—some of it became a very real proposition....
Banking
Desjardins signs multi-year contract with AI fintech Exagens
Desjardins Group, the largest federation of credit unions in North America, has furthered its partnership with Montreal-based behavioral banking start-up Exagens by signing a “multi-year” contract to use its technology for its banking assistant.
The multi-year contract will see the...
Banking
Opera acquires European banking-as-a-service company Pocosys
Pocosys provides modern banking technologies to fintech companies, and has previously licensed its financial software to companies in Japan, Ghana and the UK
Opera, one of the world’s leading browser providers is bringing new offerings across content, classifieds and fintech...
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