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 as a separate service within PayPal, under...

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,...

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...

Citi, CME Group implement distributed ledger

Citi and CME Clearing have implemented a real-time distributed ledger platform developed by Baton Systems.

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.

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...

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...

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 stock market in Latin America to apply...

Equifax acquires ID Watchdog for $63 million

Credit monitoring and information solutions company Equifax has acquired ID Watchdog, a company that provides identity theft protection and resolution, for approximately $63 million. ID Watchdog will continue to be based in...

P&N Bank using Dell Boomi iPaaS for data exchange

Perth-based P&N Bank is using Boomi integration platform-as-a-service (iPaaS) to enable the exchange of customer data across the organization.

Bank of America selects Oracle ERP and financial apps

Bank of America has selected Oracle's cloud-based ERP and financial applications for both its international general ledger and its broker-dealer systems. The company now has more than five thousand Fusion Financial...

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 China. The partnership will enable Chinese guests...

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 the bank. Polaris will offer the bank...

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 statement from the companies. The selection of...

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 billion, including VAT). The company says it will...