Finance

Bank of America using ModoPayments digital payments hub

Bank of America Merrill Lynch and ModoPayments have inked a strategic relationship that will give the bank access to Modo's digital payments hub. Modo’s digital payments hub takes monetary value from multiple sources, and can deliver it to just about any destination, without...

Vivo Initio CRM signs up investment banking firm Navidar

Navidar, an investment banking firm with presences in Austin, Cleveland, Dallas, Denver, Indianapolis, Minneapolis and San Antonio, has selected the Vivo Initio CRM platform to manage its marketing initiatives. Vivo Initio, located in Austin, TX, provides a web-based, mobile-friendly CRM and marketing...

Mizuho Financial Group and IBM working on blockchain test project

Japanese financial services company Mizuho Financial Group and IBM are working on a pilot project to test the feasibility of using blockchains as virtual currency in the organization's settlement business. Mizuho will be exploring how payments can be instantaneously swapped, potentially leading...

MiddleOak selects Guidewire software for Billing Management

Commercial specialty insurance company MiddleOak as selected Guidewire BillingCenter to manage the company’s billing operations. The company will be deploying BillingCenter for its commercial (habitational) lines of business, with deployment expected in the second half of 2017. Previously, MiddleOak had deployed Guidewire PolicyCenter in...

Exane BNP Paribas using Corvil analytics platform

European broker dealer Exane BNP Paribas, is using the Corvil analytics platform for financial markets. Antoine Baptiste at Exane BNP Paribas said, "With the ever increasing speed and complexity requirements of a modern electronic trading platform, Corvil's ability to...

AmFed selects eBaoTech for cloud services

AmFed National Insurance Company based in Ridgeland, Mississippi has selected eBaoTech for cloud-based policy administration processing for its Homeowners, Dwelling, and Workers Compensation (voluntary and assigned) products. AmFed will be using eBao cloud and Amazon Web Services. The first product...

China’s Fujian Rural Credit Selects IBM For Storage And Cloud Solutions

China's Fujian Rural Credit (FJRC) has selected IBM for its storage infrastructure and cloud-based financial applications. The new services include convenient service outlets, mobile service vehicles, and mobile banking. FJRC's operation is built on an IBM Power Cloud business platform. With IBM...

Tally Secures $15M In Series A Funding

San Francisco-based financial technology startup Tally has raised a $15 million Series A round, led by Shasta Ventures.