Several players within the financial technology arena introduced new products and entered into various agreements in recent days. Please send news tips and feedback to news@snl.com. For other recent financial technology news, click here.
Payments
MoneyOnMobile Inc. entered into a partnership with India-based Maharashtra State Road Transport Corp. The partnership will enable MoneyOnMobile's participating retailers to book bus tickets to passengers that ride the Maharashtra State Road Transport buses.
__________________________
Bank of Hawaii Corp. is planning to launch person-to-person payment system Zelle, Pacific Business News reported. The system will be integrated into the bank's mobile app at some point in 2018.
__________________________
Under an agreement with Verifone Systems Inc., Paysafe Group Plc will deploy Verifone Connect with Carbon and Engage devices to its network of quick service restaurants and small and medium-sized businesses across the U.S.
__________________________
Noventis Inc. and Comdata, a FleetCor Technologies Inc. company, entered into a partnership that gives Comdata a new distribution channel to increase spend volume on its virtual credit card platform. The partnership also helped Noventis embed its payment processing technology with Comdata. Noventis develops solutions related to delivering bill payments.
__________________________
Automatic Data Processing Inc. is using Ingo Money Inc.'s Ingo Check, an instant money service for digital disbursement through a mobile device. With Ingo Check, eligible Automatic Data Processing cardholders can elect to have funds added to their account once paper checks are verified and approved.
__________________________
AGS Transact Technologies Ltd. and ACI Worldwide Inc. launched unified payments interface-specific suite of solutions in India. The suite encompasses processing, fraud monitoring and reconciliation and settlement within ACI's UP Retail Payments solution.
Banking and lending
Under an agreement with AutoGravity, Santander Consumer USA Holdings Inc.'s indirect finance offers will be available to the automotive technology provider's customers in the U.S. through the AutoGravity mobile app.
__________________________
Permanent TSB Group Holdings Plc extended its agreement with Total System Services Inc. to continue processing the bank's credit and debit card portfolios. Total System Services will also provide additional services such as analytics and fraud and risk management.
__________________________
ChannelNet launched OneClick Financial, a cross-sell platform developed for banks and credit unions. The platform enables financial institutions to deliver a customized experience to drive engagement and cross-selling opportunities for new and existing customers.
Insurance and healthcare
Allscripts Healthcare Solutions Inc. and rideshare company Lyft teamed up to incorporate nonemergency transportation directly into the physician's workflow. The entities plan to integrate Lyft's proprietary application programming interface and Allscripts Open platform into Allscripts Sunrise electronic health record to enable clinicians to order the Lyft service for patients.
__________________________
TeleHealth Services Inc. partnered with Healthwise Inc. to develop microlearning strategy using artificial intelligence-driven avatars. Under the partnership, Healthwise is working with TeleHealth Services to integrate microlearning education content, including audio discussion scripts and videos, with iCare Navigator's virtual health coaches. ICare Navigator was recently launched as an enterprise-scale interactive patient engagement platform using adaptive and empathetic avatars as virtual personal health coaches.
__________________________
Allscripts Healthcare Solutions unveiled its electronic health record, Avenel.
__________________________
Acxiom Corp. expanded its healthcare solutions portfolio with the addition of Patients Insights Package, a data offering that delivers patient insights to providers and payers about the communities they serve.
__________________________
Fair Isaac Corp. added an insurance dashboard to the FICO Enterprise Security Score.
__________________________
Crawford & Co. unit Wegolook LLC announced that it is connected to the CCC ONE platform, a hyperscale cloud platform developed by CCC Information Services Inc. Through the connection, CCC Information Services' customers can electronically connect to WeGoLook's field force to gather imagery and information in the field, in any U.S. location.
__________________________
Mortgage Guaranty Insurance Corp. announced the availability of nondelegated mortgage insurance with document submission through PCLender, Fiserv Inc.'s loan origination system. Through this, PCLender customers can receive Mortgage Guaranty Insurance rate quote PDFs and submit nondelegated mortgage insurance orders and their corresponding loan documents without leaving the platform.
__________________________
Total System Services announced that its patent-pending payment solution, Advanced AuthControl, which recognizes qualified purchases determined by a consumer's healthcare plan, will be implemented at Walmart Inc. and Sam's Clubs locations in the U.S.
__________________________
Southern Trust Insurance Co. selected Guidewire Software Inc.'s InsuranceNow for policy administration, billing management and claims handling processes.
__________________________
Magellan Health Inc. launched ComfortAble, an addition to its suite of digital cognitive behavioral therapy programs. The module is designed to help users with chronic pain to reduce pain or see significant improvements in functioning.
Marketing and analytics
Wells Fargo & Co. selected Blackhawk Network Holdings Inc. as the gift card content provider for its Go Far Rewards program redemptions.
__________________________
Under a partnership with customer relationship management provider Salesforce, Cerner Corp. is combining Salesforce Health Cloud and Marketing Cloud with its big data platform, Cerner's HealtheIntent.
__________________________
Thomson Reuters Corp. linked up with machine-learning contract analytics platform eBrevia Inc. to help enterprises tackle large and complex contract remediation projects involving commercial contracts.
__________________________
Pegasystems Inc. introduced Pega Sales Coach, a capability within Pega Sales Automation that helps sales managers train salespeople and predict their future success.
__________________________
Unisys Corp. announced the availability of LineSight, a software that uses advanced data analytics and machine learning that help border agents decide whether to trigger a closer inspection of travelers or cargo shipments before admitting them into a country.
__________________________
Ellie Mae Inc. unveiled a redesigned Velocify LeadManager SMS texting functionality that allows sending of automated and individual texts to mobile phones from within the solution. Velocify LeadManager SMS texting gives sales professionals the administrative controls needed to engage prospects and customers on their mobile phones.
Trading and investing
Kyriba Corp. and BlackRock Inc. entered into a partnership that will leverage both companies' technologies to simplify their clients' cash management processes.
__________________________
OHV Asset Management selected SS&C Technologies Holdings Inc.'s Vision FI platform to provide an interactive client communications portal for their private wealth clients and intermediaries.
__________________________
Esposito Securities LLC went live on SS&C Technologies' premier order management solution, MarketTrader.
__________________________
Alberta Investment Management Corp. selected FactSet Research Systems Inc. as its investment risk management solution provider.
__________________________
Intuit Inc. introduced QuickBooks Accountant Apps Program to help accounting professionals in provisioning, purchasing and managing apps for their clients.
__________________________
SEI Investments Co. entered into a partnership with global consulting and technology organization Synechron Inc. The partnership will support SEI's efforts to employ blockchain technology in the financial services industry through use cases and the establishment of SEI's Blockchain Center of Excellence.
__________________________
APT Systems Inc. is planning to launch its own cryptoasset, named VFRCoins, for use in the Verifundr Escrow and Payments platform.
__________________________
Thomson Reuters ProView, a proprietary eBook platform for legal and tax professionals, is offering an iPhone app.
Administration and security
Fiserv is offering Mastercard Inc.'s decision and fraud detection service, Master Decision Intelligence.
__________________________
WorldFlix Inc. and its global cybersecurity software subsidiary, Paranotek, announced that a West Indies-based digital currency exchange and cryptocurrency trading platform investment group requested multiyear terms and conditions for licensing Paranotek's post quantum-computing resistant encryption technology in a mutal letter of intent. WorldFlix is in the process of filing for a Regulation A + offering, which gives nonSEC reporting companies the ability to raise up to $50 million in a 12-month period.
__________________________
DXC Technology Co. launched DXC Applications Security on Demand, a consumption-based applications security testing service that helps clients identify and remediate vulnerabilities during the development lifecycle.
__________________________
Henry Ford Health System purchased Bottomline Technologies (de) Inc.'s privacy and data security software solution to strengthen its cybersecurity measures.
__________________________
Barbican Insurance Group teamed up with TSC Advantage to provide its cyber insureds with access to two types of cyber security training.
Data and information management
Iceland-based Arion Bank will use the Moody's Analytics Inc. RiskConfidence platform for impairment calculations and IFRS 9 requirements. The bank will also use the Moody's Analytics RiskAuthority software for Basel III compliance and regulatory reporting.
__________________________
Under a partnership, Workiva Inc. integrated its Wdesk platform with Anaplan Inc.'s Connected Planning platform to offer a solution for modernizing critical finance and accounting functions.
__________________________
CDK Global Inc. is introducing CDK Drive Flex DMSaaS, which includes user-friendly features and a pricing model that flexes with the unique business needs of dealers who operate one or two locations.
More fintech news
The week in fintech: Coinbase not currently adding tokens, but Gemini might
