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Fintech Focus: Xoom partners with Ria Money; MoneyGram expands in Europe

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

MoneyGram International Inc. launched its online platform in Ireland, Poland, Sweden, Norway and Denmark, expanding its availability to customers in 15 countries.

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Through an agreement, NetCents Technology Inc. will work with X2 Blockchain Games to integrate cryptocurrency and payment processing into the game publisher's suite of video games.

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PayPal Holdings Inc.'s international money transfer service, Xoom, partnered with Euronet Worldwide Inc. unit Ria Money Transfer to offer Xoom customers cash pick-up service at more than 150,000 of Ria's international network locations.

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Brit Ltd. selected and implemented Bottomline Technologies (de) Inc.'s Legal-X electronic billing solution to reduce costs and streamline its legal billing process.

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CareCredit LLC, a health, wellness and personal care credit card, announced enhanced features to its mobile app to allow cardholders to pay their bill, locate enrolled providers and businesses that accept the CareCredit credit card, set custom payment alert notifications and more.

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Square Inc. released two new ways to take payments on Apple products and Chromebook.

Banking and lending

JPMorgan Chase & Co.'s Chase Card Services division and JetBlue announced the addition of the airline's TrueBlue loyalty program as the newest Chase Ultimate Rewards points transfer partner. This will allow eligible Chase cardmembers to transfer Ultimate Rewards points to TrueBlue points for travel on JetBlue flights.

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NCR Corp. released its managed services bundle for community financial institutions to NCR channel partners.

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CULedger LLC, a credit union-owned credit union service organization, has raised $8.5 million in series A funding for its credit union-focused distributed ledger platform.

Insurance and healthcare

Chubb Ltd. signed an enterprise license agreement to make Duck Creek Technologies' solutions available to all of its business units worldwide.

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Pursuant to a partnership between home telematics solutions provider Roost and Kingstone Insurance Co. Inc., Kingstone will begin a pilot program to offer either a free Roost Smart Water Leak and Freeze Detector or a Roost Smart Battery to select new and existing policyholders, starting in September.

Trading and investing

Athena Blockchain, a privately held investment, financial and advisory business, partnered with broker/dealer 303 Alternatives LLC to provide compliant investment banking services to issuers of equity, fixed income, structured products, and tokenized securities.

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Envestnet | Tamarac announced newly launched enhancements to its Tamarac Reporting platform to help improve the ability of registered investment advisers in single-family and multifamily offices to provide thoughtful wealth management strategies for their ultra-high-net-worth clients.

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Investor's Business Daily Inc., a financial news and research organization, joined with Nasdaq Inc. to bring Nasdaq Last Sale to its digital subscribers. Investor's Business Daily also integrated Nasdaq's data into its mobile app and its products SwingTrader, Leaderboard and MarketSmith.

More fintech news

Patent suit targets Wells Fargo app's mobile check deposits