tech:

taffy

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 to go into production will be Homeowners in the summer 2016. AmFed and eBaoTech will also be exploring “fast prototyping” of AmFed products in other US states via digital, says eBaoTech in a statement.

EBaoTech, headquartered in Shanghai, China, is focused on insurance technology and related services.

Also see:

TransUnion to acquire Neustar for $3.1B

TransUnion has signed a definitive agreement to acquire Neustar from a private investment group led by Golden Gate Capital and with minority participation by GIC.

Huvr raises $5M

Huvr, a cloud-based industrial asset management solution company, has raised $5 million.

American Express acquires fintech company Kabbage

American Express has entered into an agreement to acquire Kabbage, a financial technology company that provides cash flow management solutions to small businesses.

AP to equip visual journalists globally with Sony imaging products

Sony and The Associated Press (AP) have inked a collaboration that will make Sony the exclusive imaging products and support provider for AP news photographers and video journalists globally.

Equifax acquires Ansonia

Equifax has acquired Ansonia, a provider of business credit, collections, and account receivable data used by financial institutions, creditors, and businesses focused on the transportation and logistics industries.