Company Statements

Bank of America Merchant Services, a leader in payments, eCommerce and security solutions, announces that it has been chosen by Sezzle to be their digital card processor for the rapidly growing fintech company and its clients. Sezzle will use Bank...

Invesco, a US investment management company, has completed acquisition of global asset manager OppenheimerFunds from Massachusetts Mutual Life Insurance (MassMutual). The acquisition of OppenheimerFunds has expanded the total assets under management (AUM) of Invesco to $1.2trillion (£0.94trillion). OppenheimerFunds was acquired by...

NatWest and G4S are working together to pilot the UK’s first intelligent cash management solution for businesses later this year. This innovative and secure cash solution enables businesses to benefit from automated account crediting of its cash transactions without having...

JPMorgan Chase & Co is set to acquire US healthcare payments company InstaMed for an undisclosed price, in a move to provide end-to-end healthcare payments solutions. The financial services giant said that the acquisition of InstaMed will grow its suite...

NXGEN International, a merchant service provider (MSP), has acquired Kentucky-based payments company Payment Plus (PPI) for an undisclosed price. Founded in 1999, PPI is an electronic payment processing provider, headquartered in Paducah. It provides electronic payment processing services and equipment...

Royal London has licensed Willis Towers Watson’s Radar Live quotation software for use in its protection business, making it the first UK company to use the software for life insurance business. Royal London are now also using Radar Live to...

Chinese fintech solutions provider Pintec has been selected by East West Bank to provide digital banking services and support the bank in its digital transformation. Under the present agreement, Pintec will apply its big data and artificial intelligence technologies to...