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...

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...

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...

Worldline deploying VMware network virtualization and cloud solutions

European payments and transactional services Worldline is deploying VMware network virtualization and cloud management platforms.

Citi, CME Group implement distributed ledger

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

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...

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.

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...

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.

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,...

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...

Boursorama, IBM extend infrastructure agreement with new contract

IBM and Boursorama, a subsidiary of the Société Générale group, have signed a hybrid cloud contract for five years.

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...

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...

Intuit acquires Origami Logic

Intuit has entered into an agreement to acquire Origami Logic, makers of a data integration, ingestion, and analytics platform, based in Silicon Valley.