News

AIA Hong Kong has won in the “Life Insurance Services” category at the “Sing Tao Service Awards 2019” organised by Sing Tao Daily, and the “Pama Most Favourite Health Protection Award” at the “Ohpama Brand Awards 2019” organised by...

ANZ announced an unprecedented support package for small business and home loan customers with the potential to inject $6 billion into the Australian economy and assist in the recovery from the current COVID-19 crisis. The package includes a reduction of...

Three banks of New Hampshire Mutual Bancorp (NHMB) have recently migrated or will be migrating to the cloud hosted SilverLake System core platform, offered by Jack Henry, the banking division of Jack Henry & Associates. Jack Henry & Associates is...

Virgin Money Australia, owned by Bank of Queensland (BOQ), has selected Temenos, a Switzerland-based banking software firm, as its digital banking technology partner. Temenos, the provider of cloud-native, cloud-agnostic banking software, will offer a single, upgradeable, digital SaaS platform, to...

Swiss Re and Microsoft Corp. announced a strategic alliance to further advance insurance innovation and extend financial protection to more people globally. The centrepiece of the strategic alliance is the launch of Swiss Re’s Digital Market Center, which will...

New Jersey-based Provident Bank’s parent company Provident Financial Services has agreed to acquire SB One Bancorp in a deal worth $208.9m. SB One Bancorp is the holding company for SB One Bank, a full-service, commercial bank that operates regionally with...

The announcement from the State Bank of India follows the reconstruction scheme chalked out by the Reserve Bank of India for the financially troubled Yes Bank The State Bank of India said that its board has approved the state-run lender’s...