Company Statements
Cards & Payments
Akamai and MUFG Announce Joint Venture for Blockchain-Based Online Payment Network
Akamai Technologies, Inc., the intelligent edge platform for securing and delivering digital experiences, and Mitsubishi UFJ Financial Group, one of the worldโs leading financial groups, announced an expansion of their relationship through the establishment of a joint venture, the...
Asset Management
Brown & Brown, Inc. Announces the Asset Acquisition of Smith Insurance Associates, Inc.
J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc., and Stephen Smith, Jr., Brian & Kellie Smith Friel, Christopher & Carrie Smith and Brendan & Megan Smith Whelan, the owners of Smith Insurance Associates, Inc ,ย announced...
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 Platformโยข and integrated...
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