Insurance
Novo AI to Cut Costs and Boost Efficiency For Insurance Companies
Novo AI, founded by ex-Googlers and backed by First Round Capital, is revolutionizing the insurance industry with advanced generative AI technology. Their innovative solution is set to redefine operational efficiencies and profitability for insurance companies worldwide.
Enhancing Efficiency and Reducing...
Insurance
Azentio acquisition of intellectual property and other assets of Kuwait-based Pysurance and iMOTOR
Azentio Software , a leading end-to-end software company specializing in the BFSI sector announced the completion of the acquisition of software assets and intellectual property (IP) of iMOTOR and Pysurance from two Kuwait-based software product companies. The acquisitions will...
Financing
JTC to acquire Citi Trust from Citigroup in $80m deal
JTC has agreed to acquire Citi Trust, the global fiduciary and trust administration services business, from Citigroup in a deal worth $80m.
Citi Trust, which operates in seven key jurisdictions including New York, Delaware, South Dakota, Jersey, Singapore, Switzerland, and...
Financing
Camden National to acquire Northway Financial in $87m deal
Camden National Bank’s bank holding company Camden National has agreed to acquire Northway Financial in an all-stock deal valued at around $86.6m.
Based in the US, Northway Financial is a bank holding company that owns Northway Bank. The company delivers a...
Insurance
Life Insurance Corporation of India selects Infosys to digitise its platform
Infosys, a global next-generation digital services and consulting firm, has announced its collaboration with the Life Insurance Corporation of India (LIC) to spearhead its digital transformation initiative, DIVE (Digital Innovation and Value Enhancement).
As part of the collaboration, Infosys will...
News
Metro Bank chooses Infosys to accelerate digital transformation
Metro Bank, the UK’s community bank, has entered a long-term collaboration with Infosys to enhance some of its IT and support functions and to digitalise its business operations.
The collaboration supports the bank’s ongoing efficiency and cost-saving efforts. Collaborating with...
News
BharatPe onboards ONDC Network to boost digital commerce payments
BharatPe and ONDC have announced an integration that will enable BharatPe customers to order and receive food through its app.
This eliminates the need for multiple apps on a user’s smartphone, thereby ensuring a more seamless customer experience. This is...
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