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Fintech focus: Fifth Third Bank to implement Black Knight's loan origination solutions, Morningstar unveils global risk model

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Fintech focus: Fifth Third Bank to implement Black Knight's loan origination solutions, Morningstar unveils global risk model

Several players withinthe financial technology arena introduced new products and entered into variousagreements in recent days. Please send news tips and feedback to news@snl.com.For other recent financial technology news, click here.

Banking and lending

CachetFinancial Solutions Inc.  its Select Business Merchant Capturesolution for banks and credit unions. The solution allows business customers tomake electronic check deposits via a desktop scanner, tablet or smartphone.


FifthThird Bank willdeploy a suite of BlackKnight Financial Services Inc. loan origination solutions.


AltaOneFederal Credit Union pickedthe Symitar Episys core system for in-house processing from 'sSymitar division.

Transfers

WesternUnion Co. reachedan agreement with Walmart de Mexico y Centroamérica to offer internationalmoney transfer services under the Western Union, Vigo and Orlandi Valuta brandsthroughout Mexico.


MoneyGramInternational Inc. madeavailable its money transfer services at Tesco's hypermarkets inPoland.

Insurance and healthcare

MedidataSolutions Inc. inkeda multiyear enterprise deal with South Korea-based Hanmi Pharmaceutical toincorporate the Medidata Clinical Cloud into all clinical trials across itsdrug development programs.


IMS HealthHoldings Inc. choseCloudera Enterprise to support its Big Data Factory, a cloud-based platformthat transforms data into intelligence for life sciences and health careclients.


GuardianLife Insurance Co. of America unveiled its electronic policy service to facilitate themanagement of consumers' supplemental income protection program policies,purchased through their employer.

Analytics andinvesting

MorningstarInc. launchedits Global Risk Model to help investors understand an investment's factorexposures and to forecast the future return distribution of individual stocksand equity portfolios.


NorthernTrust Corp. willexpand the third-party fund services it provides to CorrespondentTrust Services clients through a collaboration with , aBroadridge company. This will allow correspondentbanks to trade mutual funds, exchange traded funds and collective investmenttrusts from more than 650 asset management fund families.

Gaming andadministration

Under a content integration and technology licenseagreement, Spin Games LLC willintegrate EveriHoldings Inc.'s gaming content throughout North American andEuropean I-gaming jurisdictions. Spin is a provider of content and smartsolution HTML5 technology to interactive and social gaming operators.


Workiva Inc.customers used Wdeskto submit the first Inline XBRL filing to the SEC on July 1.