News

In a move to target small and medium-sized businesses and hospitality companies, HP has announced it has teamed up with PayPal to release what it calls an “all-in-one” point of sale (POS) unit, with PayPal handling the payment processing...

Aon unveils strategic alliance with AI-powered insurtech Zesty.ai to 'revolutionise' underwriting Re/insurance broker Aon has formed a strategic alliance with US-based artificial intelligence (AI) startup Zesty.ai to improve its underwriting data insights. The partnership will enable insurers using Aon's distribution network...

Santander Asset Management (SAM) has reached an agreement with BlackRock to adopt the Aladdin platform to accelerate the asset manager’s technological transformation. Digital transformation has been a cornerstone of the strategy throughout the Santander Group since 2015. Since then, the...

UK bank NatWest is piloting in-card biometric technology that lets customers verify point-of-sale transactions with their fingerprints. The bank is working with Gemalto, Visa and Mastercard on the upcoming small-scale trial involving 200 customers. Instead of entering their PINs for transactions...

Ant Financial Services Group and Jiangsu-based Hoperun Information Technology (Hoperun) unveiled its Distributed Core Banking Platform (DCBP), a next generation banking product which is designed to help financial institutions shift their business models from transaction-oriented to customer-oriented. The platform also...

Arthur J. Gallagher & Co. (Gallagher) has acquired Merit Insurance, a Connecticut-based retail property/casualty broker and employee benefits consultant, for an undisclosed price. Merit Insurance, which was established in 1950, provides a variety of coverage and services to clients located...

Invesco is launching an ETF in partnership with Elwood Asset Management offering exposure to digital assets and blockchain technology at an ongoing charge of 0.65%. The Invesco Elwood Global Blockchain UCITS ETF will trade on the London Stock Exchange and...