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Fintech focus: Net Element unit uses messenger app to enable payment services for insurance premiums

Several players in thefinancial technology arena introduced new products and entered into variousagreements in recent days. Please send news tips and feedback to other recent financial technology news, click .

Banking and lending

United Pacific'sexclusive provider of ATM services covering more than 300 gas station andconvenience store locations.

JackHenry Banking announced that Mabrey Bank migrated its IT infrastructure and coreprocessing to an outsourced delivery model with ProfitStars' Gladiator HostedNetwork Solutions and JHA OutLink Processing Services. Jack Henry Banking is adivision of Jack Henry &Associates Inc.

,Andigo Credit Unionand Consumers Credit Union willeach use FiservInc.'s solutions for their respective technology transformations.

unit added Touch IDfingerprint-based authentication to its FNB Direct mobile banking app.

a solution to support verificationof a car buyer's stated income and employment.


unit PayOnlinecreated a paymentacceptance module for instant messenger application Telegram for use within theinsurance industry.

chose to expand its payment capabilities for members.

, a division ofScottrade Financial ServicesInc., nowoffers Android Pay and Samsung Pay to its personal banking clients.

WirecardCentral Eastern Europe  credit cardacceptance for short-term insurance cover from ERGO Insurance in Austria.Wirecard now also handles payment processing via Mastercard, Visa, PayPal andSOFORT as an acquirer.

Insurance and healthcare

ADPWorkforce Now Partner Access, a new portal for ADP's integrated human capitalmanagement platform for mid-sized employers, for benefits brokers.

the latest version of MajescoPolicy for L&A and Group v2017, which supports individual and groupproducts on a single instance of a single software platform.

chose Majesco Policyfor commercial package in Majesco CloudInsurer.

the Predictapplication of Valen Analytic's InsureRight Platform to give underwritersincreased visibility into risk selection and pricing for commercial autopolicies.

picked as astrategic partner to provide technology solutions for its clients.

with PCLender LLC tooffer Essent MI to lenders through PCLender's loan origination system.

Insuranceprovider ENNIA adopted Guidewire Software Inc.'s Guidewire Predictive Analyticsfor its operations on six Caribbean islands.

its winter software release,which features enhanced reporting and data insights for benefits management.

GermaniaInsurance collaborated with technology provider Cambridge MobileTelematics to develop a telematics insurance program for Germania's autopolicyholders using Cambridge's DriveWell platform. Germania Insurance's unitsare Germania Insurance Co.,Germania Life InsuranceCo., Germania Fire& Casualty Co., Germania General Agency, andTexas Heritage InsuranceCo.

andSmartlink Mobile Systems agreed to jointly help physicians, extenders andhealthcare organizations in their transformation to value-based care. SmartlinkMobile Systems is a provider of chronic disease management solutions.

Investing and trading

Envestnet| Tamarac nowenables advisers to add assets and liabilities to households inAdvisor View.

Data management and IT

an open platform that will enabledevelopers to engage with people using the company's TurboTax Online product.

TheEnvestnet | Yodlee Financial Data Platform was integrated into Microsoft Corp.'s Dynamics 365 for Financials to allowcustomers to use real-time payment and transaction data from financialinstitutions.

release 6.1 of its AB Suiteapplication development software, which enables programmers to generatecomplete high-volume, business-critical applications from a set of businessspecifications.

Administration and tax

BigSwitch Networks selected Xactly Corp. to automate its sales compensationprocesses.

Xactlydeveloped StrategicServices, which provides incentive compensation assessment for small andmedium-sized businesses with Xactly Insights software.

EquifaxWorkforce Solutions released its digital Wage Audit Service, which providesaudit responses to each state agency wage audit request.

WorkdayRecruiting nowconnects with HireRight's background checks and drug testingsolutions. HireRight is a WorkdayInc. software partner.

Intuitcreated TurboTaxSelf-Employed, an integrated tax preparation solution that comes withQuickBooks Self-Employed for year-round expense tracking.

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