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
Alipay and First Data Corp. expanded their partnership to enable acceptance of Alipay at 35,000 North American merchants. Alipay is a digital payment platform operated by Ant Financial Services Group.
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Bottomline Technologies (de) Inc. released a set of application programming interfaces that enables connectivity to the company's Paymode-X platform for banks, corporate clients and other third-parties.
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Finance company Avid Acceptance LLC selected ACI Worldwide Inc.'s UP Bill Payment Solution.
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FleetCor Technologies Inc. announced a partnership with Uber Freight, as part of Uber Freight's new Uber Freight Plus program, that offers eligible Uber Freight app users discounts and savings on fuel, maintenance and tires. The Uber Freight Fuel Card is powered by Comdata, a FleetCor company and payment solution provider.
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Under a strategic partnership, China-based bank card company UnionPay International Co. Ltd. will expand its global footprint by connecting to ACI Worldwide's global network of payment endpoints.
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The American Veterinary Medical Association chose Bankers Healthcare Group LLC as the credit card partner in its Member Edge benefits program.
Banking and lending
Fifth Third Bank launched cardless ATMs, allowing its customers to withdraw money from its ATMs without a debit card by accessing the cardless ATM icon in their mobile banking app. Fifth Third Bank is a unit of Fifth Third Bancorp.
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NCR Corp. launched NCR SelfServ 80 Series, a family of ATM solutions, in South Africa. The mobile-ready ATM solution has a 19-inch multitouch display.
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Pacific Union Financial LLC partnered with Ellie Mae Inc. to leverage Ellie Mae's Encompass all-in-one mortgage management solution.
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Finicity Corp. announced an integration agreement with Ellie Mae, providing its digital verification of assets solution through Ellie Mae's Encompass digital mortgage solution.
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Houston-based credit union TDECU selected Cardtronics plc to operate and manage its entire ATM fleet.
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Goldman Sachs Group Inc. said LPL Financial advisers can now help their clients borrow money for life events by using Goldman Sachs Private Bank Select.
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FCTI Inc. announced the implementation of the Diebold Nixdorf Inc.'s Vynamic ProFlex4 ATM platform in more than 30 states across the U.S. ProFlex4 allows operators the ability to implement customized software to increase functionality and customization at the ATM.
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Sageworks Inc. will make banking and indexes data available to early stage financial technology startups selected by the FinTech Sandbox, a Boston-based nonprofit that promotes financial technology innovation. Sageworks offers lending, credit risk and portfolio risk solutions to banks and credit unions.
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A provider of consumer loans to a variety of industries chose Mitek Systems Inc. to accelerate its digital application process.
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Ellie Mae said Encompass Data Connect is in limited availability and will be available to all lenders in the second quarter. The solution gives lenders access to their standard and custom loan data fields in near real-time.
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Bank of America Corp. expanded its mobile wallet options, allowing customers to add multiple credit and debit cards to their PayPal Holdings Inc. account directly from the bank's mobile banking app.
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CUNA Mutual AdvantEdge Analytics and Microsoft Corp. will collaborate to develop a data platform for the credit union industry. CUNA Mutual AdvantEdge Analytics is part of CUNA Mutual Group, the marketing name for mutual insurance holding company CUNA Mutual Holding Co.
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Denmark-based Basisbank A/S will control credit risk and accelerate its digital transformation using Fair Isaac Corp.'s FICO Blaze Advisor decision rules management system.
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Beacon Community Bank picked Jack Henry & Associates Inc.'s SilverLake System for core processing.
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NCR rolled out NCR SelfServ 80 Series in Ghana.
Insurance and healthcare
Milliman Inc. announced that gradient A.I., a Milliman predictive analytics platform, now offers a professional employer organization-specific solution for managing workers' compensation risk.
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A California-based insurance technology startup selected Majesco's Majesco Policy for property and casualty and Majesco Billing on the Majesco CloudInsurer platform to support its launch and growth strategies in a software-as-a-service model. The startup will write personal lines insurance in California through their agent network.
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Benefitfocus Inc. launched BENEFITFOCUS BENEFITSPLACE, an offering that connects the entire U.S.employee benefits industry and offers benefits products.
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Under a multiyear contract, Connecture Inc. will launch digital quoting, shopping and enrollment tools for Molina Healthcare Inc.'s Medicare business, specifically their Medicare Advantage products.
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Mutual of Enumclaw Insurance chose Guidewire Software Inc.'s Guidewire ClaimCenter as its claims management system and Guidewire VendorEngage to provide omnichannel digital service to its vendors.
Trading and investing
WEX Health, a WEX Inc. company, introduced new features and functionality to its WEX Health Cloud platform. The new additions are focused on engagement, account growth and efficiency.
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SEI Investments Co. entered into a partnership with Quovo Inc., a provider of account aggregation and data analytics for finance. Under the partnership, SEI will implement data-aggregation applications that will provide real-time account information for financial intermediaries and end-investors.
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NorthCoast Asset Management LLC selected SS&C Technologies Holdings Inc.'s cloud-based wealth management platform and outsourcing services to streamline its end-to-end investment process lifecycle.
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BMO Wealth Management (U.S.) will adopt SEI Investments' SEI Wealth Platform, a single-infrastructure wealth management solution developed to support client relationship management.
Administration and security
Unisys Corp. said the Australian Department of Home Affairs signed a multiyear contract with Unisys Australia to design and implement the new enterprise biometric identification services system.
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Employees benefits platform Corestream entered into a partnership with Automatic Data Processing Inc.'s ADP Benefits that will bring additional options for benefits customization to businesses in the U.S.
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ISO, a Verisk Analytics Inc. business, said 42 states and U.S. territories have rolled out its cyber insurance program.
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LendingTree Inc. unveiled a free credit monitoring service within the My LendingTree platform. In partnership with TransUnion, LendingTree monitors users' credit profiles daily and sends alerts of any changes or potential suspicious activity within 30 minutes of the credit report being updated.
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Zix Corp. entered into a distribution agreement with Progress Distribution, an incubator and distributor of cybersecurity, networking, infrastructure and storage. Proact IT Group AB (publ) will help global enterprises in the U.K. and Europe implement Zix Email Encryption solutions.
Data and information management
Convergys Corp. unveiled ConvergysCX, a cloud-based voice of the customer platform that unifies feedback across all touchpoints and journeys into a simple interface.
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Intuit Inc.'s QuickBooks Online Accountant now allows accounting professionals to manage all of their clients within the product.
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CGI Group Inc. signed two contracts with France-based SNCF International SA to manage its human resources information system and a portfolio of applications needed for railway network maintenance over the next five years.
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ISO Claims Partners, a Verisk business, integrated Premonition data and legal analytics into its suite of services. Premonition maintains a litigation database, while ISO Claims Partners offers Medicare compliance and claims analytics.
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CDK Global Inc. introduced the Fortellis Automotive Commerce Exchange platform on which automotive retail technology providers can sell their integrated product or services.
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Dealer Marketing Services Inc. is using auto products and solutions powered by Equifax. Dealer Marketing Services is the maker of ProMax, which offers a frontend software suite to automotive dealers.
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