Finance

Farmers Insurance selects Guidewire ClaimCenter

Farmers Insurance has selected Guidewire ClaimCenter as its enterprise claims management system. Guidewire ClaimCenter will replace multiple claims management systems within Farmers, according to a...

Lloyds Banking Group, IBM sign $1.66 billion cloud deal

IBM has signed a ten-year cloud services agreement with Lloyds Banking Group in the UK with a contract value of roughly $1.66 billion (£1.3...

Carnival to offer Alipay payment services across its Asian fleet

Leisure travel company Carnival has signed an agreement to offer Alipay payment services onboard its cruise ship fleet in Asia, including multiple ships in...

IBM, Santiago Exchange introducing securities lending blockchain solution

IBM and Chile's Santiago Exchange have inked a partnership to introduce blockchain technology across the country's financial sector. The agreement makes the Santiago Exchange the first...

Financial Services Compensation Scheme selects Cognizant for modernization services

The United Kingdom's Financial Services Compensation Scheme (FSCS) has selected Cognizant as its technology partner. As part of a three-year agreement, Cognizant will help simplify,...

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...

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...

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...

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...

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...

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...

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...

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.

EBay To Acquire Braintree For $800 Million

EBay has agreed to acquire online payment platform Braintree for roughly $800 million in cash. Once the acquisition is completed, Braintree will continue to operate...

Vietnam Bank of Social Policies Goes With Polaris

Polaris Software announced that Vietnam Bank of Social Policies (VBSP) has chosen Polaris’ IntellectTM Global Universal Banking M180 (GUB) to centralize its operations across...