Company Statements
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 EQTโs Singapore office and will return...
Company Statements
Vermont Mutual Insurance implements InsuranceNow from Guidewire
Vermont Mutual to leverage Guidewireโs 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 Guidewireโs InsuranceNow is...
Cards & Payments
Amazons New Plan to Connect Mobile Payments, Biometrics Sparks Wariness at KBW
The โBack to the Futureโ 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 groundโlike hoverboardsโsome 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 โmulti-yearโ 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 worldโs leading browser providers is bringing new offerings across content, classifieds and fintech...
Company Statements
Malaysia motor insurance market expected to grow as providers take control of pricing
The Malaysia motor insurance market has been undergoing a process of liberalisation since 2016, growing in net earned premium value year-on-year ever since. The Malaysia motor insurance market is expected to grow to a value of $2.4bn in 2023...
Company Statements
Co-operators signs longevity insurance deal with CSS Pension Plan
Under the new longevity insurance deal, CSS Pension Plan will transfer longevity risk for CAD660m ($501.49m) of pension plan liabilities to Co-operators
The Co-operators, a Canadian insurance company, has signed a new longevity insurance deal with the Co-operative Superannuation Society...
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