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Aviva first quarter 2020 earnings impacted by Covid-19 pandemic

Aviva said that its life new business sales had risen 28% to £12.3bn for the first quarter of 2020, compared to £9.6bn for the first quarter of last year. Aviva’s value of new business had also grown by 18% to...

Bill.com and KeyBank introduce Key CashFlowsm for small and midsize businesses

Bill.com, a leading provider of cloud-based software that simplifies, digitizes and automates complex back-office financial operations for small and midsize businesses (SMBs,) and KeyBank introduce Key CashFlowsm, an online banking solution that streamlines payments for small businesses (SMBs) and...

UBS and GitLab enter into multi-year strategic collaboration

Swiss banking giant UBS has signed a multi-year collaboration agreement with GitLab to accelerate the development of high quality solutions for clients. UBS stated that it uses Agile and DevOps to develop, test and deploy digital solutions to improve services...

ANZ launches digital lending platform for small business

ANZ has launched a new online lending platform to provide small businesses with conditional approval for up to $200,000 in unsecured lending in as little as 20 minutes. Developed in partnership with DemystData, ANZ Online Business Lending syncs with Accounting...

Hanover signs $63m merger deal with Savoy Bank

Hanover Bancorp, the parent company of Hanover Community Bank, has signed an agreement with Savoy Bank for a merger in a stock and cash transaction valued around $63m. Under the terms of the agreement, Savoy Bank will be merged into...

American Express to acquire US fintech company Kabbage

American Express has agreed to acquire substantially all of Kabbage, a US data and technology company engaged in online lending, for an undisclosed price. The Atlanta-based fintech company caters to small businesses in the US through its cash flow management...

CIT launches new self-service capabilities to enhance digital banking experience

CIT’s national direct bank CIT Bank, a leading bank focused on empowering businesses and personal savers with the financial agility to navigate their goals has announced new self-service capabilities to move funds via wire transfer and to manage mature...

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