News
HDFC Bank & Adobe partners to enhance digital customer experiences
HDFC Bank has announced a strategic partnership with Adobe to enhance the Digital Experiences of its Customers. The partnership is powered by Adobe Experience Cloud Solutions and will help HDFC Bank to deliver personalised digital experiences to existing as...
Insurance
IMA Financial Group Completes Acquisition of ESS NexTier Insurance Group
IMA Financial Group, a national insurance brokerage firm specializing in property and casualty insurance, employee benefits and surety bonds, has completed its acquisition of ESS NexTier Insurance Group, a similarly structured practice with four offices throughout Pennsylvania.
The acquisition expands...
Insurance
Hiscox Raises £375M to Respond to U.S. Wholesale, Reinsurance Growth Opportunities
Lloyd’s insurer Hiscox has successfully raised capital of approximately £375 million (US$465 million) as a result of an equity placement of new ordinary shares.
The company announced the equity placing on May 5, which was successfully completed on May 6.
The...
Banking
Konsentus partners with Ozone to speed up open banking adoption
Konsentus has joined forces with Ozone, a provider of open banking APIs, for an end to end solution capable of accelerating PSD2 open banking adoption.
Ozone API is a platform that helps financial institutions deliver open banking APIs, and help...
Asset Management
Baloise Asset Management acquires stake in Tolomeo Capital
As part of a strategic partnership, Baloise Asset Management is acquiring a stake in Zurich-based asset manager Tolomeo Capital AG. With this transaction, Baloise Asset Management will further strengthen its position as one of Switzerland’s leading rule-based asset managers....
Asset Management
Brookfield Asset Management gears up for $500-$700 million REIT offering
Brookfield Asset Management Canadian alternative Investment major is planning to raise $500-$700 million by Real Estate Investment Trust by the end of this financial year. Investment bankers have already started to monetize Indian assets using REIT listing.
Currently, Brookfield owns...
Banking
PayPal Teams Up With CVS To Offer Touch-Free Payments
Touch-free payments are coming to CVS stores across the U.S. thanks to a new partnership between PayPal and payments technology company InComm.
PayPal and InComm on Thursday (July 30) unveiled a QR code payment system that will enable touchless checkouts...
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