Company Statements
Asia Pacific
EQT to invest in VBill a leading third-party payment service provider in China
The EQT Mid Market Asia III fund has signed an agreement to acquire 10% primary shares in VBill Limited , a leading third-party payment service provider and merchant acquirer in China with a focus on small and medium-sized enterprises.
The...
Asset Management
Tortoise Launches Two Digital Infrastructure Exchange-Traded Funds: TCLD and TPAY
Tortoise announced the launch of two digital infrastructure ETFs, Tortoise Cloud Infrastructure Fund and Tortoise Digital Payments Infrastructure Fund.
Tortoise invests in essential assets across the infrastructure spectrum. These are assets that are indispensable to the economy and society. Digital...
Company Statements
Medmarc Insurance Group and Pharmacists Mutual Announce a Strategic Alliance to Package All-Lines Insurance Coverage for Life Sciences Companies
Medmarc Insurance Group , a subsidiary of ProAssurance Corporation and Pharmacists Mutual Group announced a strategic alliance to package industry-specific insurance coverages to the life sciences companies.
Insurance brokers who place their medical technology clients with Medmarc will now have...
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 PlatformβΒ’ 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...
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