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...

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...

Worldline deploying VMware network virtualization and cloud solutions

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

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...

Citi signs agreements with Digital Risk, Black Power for new platform

Citi announced it has entered into dual agreements to integrate its suite of U.S. mortgage products into a single digital platform for clients.

Unum Group chooses Clearwater Analytics for investment accounting solutions

The Unum Group has selected Clearwater Analytics' cloud-based investment accounting and reporting solution.

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...

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.

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...

Transamerica chooses Salesforce Financial Services Cloud Einstein

Transamerica Financial Network (TFN), a North American distribution channel of Transamerica— is deploying Salesforce Financial Services Cloud Einstein.

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...

Barclays, Cutover ink multi-year enterprise SaaS agreement

Barclays has signed a multi-year enterprise agreement with SaaS company Cutover, a 2015-graduate of the bank's accelerator program. 

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, modernize and secure a range of FSCS'...

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,...