Company Statements

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...

Minnesota-based, Merchants Bank, has seen its floorplan finance business grow by 60% since implementing White Clarke Group’s CALMS Compass, reports Jane Connolly. In response to customer demand for a more modern solution than the labour-intensive spreadsheets previously used, the community...

Wirecard, the global innovation leader for digital financial technology, enters into a strategic partnership with AUTO1 Group, Europe’s leading digital automotive platform. The agreement was fostered through SoftBank’s existing partnership with Wirecard and AUTO1 Group and will cover several...

Fingerprint Cards and Giesecke + Devrient Mobile Security, a global mobile security technology company, are collaborating to bring contactless biometric payment cards to the market. The card is featuring Fingerprints’ T-Shape module which is part of the 1300-series. It has...