Company Statements
Company Statements
BB&Tand SunTrust to Combine in Merger of Equals to Create the Premier Financial Institution
SunTrust Banks, Inc. and BB&T Corporation announced that both companies' boards of directors have unanimously approved a definitive agreement to combine in an all-stock merger of equals valued at approximately $66 billion. The combined company will be the sixth-largest...
Company Statements
Majesco Releases New Electronic Billing and Payment Solution Built Using Majesco Digital1st Insurance
Majesco, a global leader of cloud core insurance software, announced the release of a new digital online billing and payments app, Electronic Billing & Payments (EBP). The app is powered by the cutting-edge cloud-native Majesco Digital1st Platform„¢ and integrated...
Cards & Payments
N26 Launches Apple Pay to UK Customers
European mobile bank N26 has introduced Apple Pay for its UK customers as part of its efforts to better serve them. N26 was introduced in the UK in November 2018, and now Apple Pay has been launched to help...
Company Statements
Fiserv streamlines mortgage processes for lenders and borrowers
Fiserv, Inc., a leading global provider of financial services technology solutions, announced a new approach to mortgage technology designed to allow lenders to manage the complex mortgage ecosystem from end-to-end. Mortgage Momentum is a digital-focused approach that covers each...
Banking
Meridian set to launch its new digital bank, Motusbank
Meridian has been given the green-light by the Office of the Superintendent of Financial Institutions to move ahead with its new digital bank, Motusbank.
The digital bank, set to open this spring, and will allow Canadians to access their bank...
Company Statements
Conifer partners with AI insurtech start-up Betterview
Conifer Insurance Company, a commercial insurance provider, has selected insurtech Betterview’s artificial intelligence-powered Property Profile solution to support its underwriting needs.
Under the contract, Conifer will leverage Betterview’s data and analytic tools to support its commercial lines underwriting team and...
Company Statements
BGC Partners Completes Acquisition of Ed Broking Group Limited
BGC Partners, Inc., a leading global brokerage and financial technology company, announced that it has completed the acquisition of Ed Broking Group Limited ("Ed"), an independent Lloyd's of London insurance broker with a strong reputation across Accident and Health,...
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