Company Statements

The latest Morgan Stanley Investor Pulse Poll finds that high net worth (HNW) investors are increasingly attracted to digital technology while at the same time concerned about cybersecurity. The poll results illustrate the communications challenge for financial institutions to convey...

Wescom Financial Services and Simplicity Life have formed a strategic partnership to enhance, expand, and provide more insurance sales support for Wescom Financial Services Advisors and Member Services Representatives. Wescom Financial Services went through an extensive RFP and search...

Flybits, a contextual data intelligence company, has raised $35m (£28m) in a Series C round led by Point72 Ventures with participation from Mastercard, Citi Ventures, and Reinventure, along with existing partners Portag3 Ventures, TD Bank Group and Information Venture...

British life and general insurer Aviva (AV.L) is looking to sell its Asia business, valuing the unit at more than $2 billion, two sources familiar with the matter told Reuters. Aviva is working with a financial adviser on a possible...

The Travelers Companies, Inc. says its insurance customers can now receive claim payments through the digital platform PayPal. Auto, property and general liability claims can use Travelers’ link to PayPal for fast and easy reimbursement, the company said in...

PayPal is introducing an electronic invoicing application programming interface (API) for online sellers in an effort to promote PayPal’s presence on eCommerce and other digital platforms. Reports in eCommerce Bytes this week said PayPal announced its invoicing API for small...

Microsoft and Publicis Sapient have partnered with Anglo-Gulf Trade Bank (AGTB) to launch what it says is “the world’s first end-to-end digital trade finance bank,” reports Jane Connolly. Announced last October, the UAE-based AGTB started a commitment to using new...