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Fintech focus: Fiserv picks Equifax's income database for auto lenders

Several players in 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.

Banking and lending

Pakistan-based MCB Islamic Bank Ltd.'s new branches will be equipped with Diebold Nixdorf Inc.'s self-service platform and software.

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Equifax Canada created a technology platform for financial institutions in Canada. The platform will provide insights about consumer spending, credit behavior and potential delinquency. Equifax Canada is part of Equifax Inc.

Equifax Inc. made available PowerLead Offer a credit-based solution, designed for the dealership service lane, that prescreens customers for potential vehicle lending offers.

Fiserv Inc. built an interface between The Work Number, provided by Equifax Workforce Solutions, and Fiserv's Automotive Loan Origination System to enable auto lenders to secure income and employment data quickly.

Digital Matrix Systems, a risk management solution provider, established connectivity to The Work Number to provide income and employment verifications to clients.

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JPMorgan Chase & Co. and Intuit Inc. signed an agreement to make it easier for Chase's customers to share financial data with Intuit's applications.

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Atlas Mara Ltd. inked a commercial partnership with Visa Inc. to introduce a suite of payment solutions and expand access to electronic payments within the Sub-Saharan Africa region.

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Webster Bank NA agreed to continue using LoanSphere MSP, Black Knight Financial Services Inc.'s loan servicing system.

Payments

CPI Card Group Inc. entered into a joint agreement with Proxama PLC, a digital and mobile commerce company, to provide financial and payments products to CPI's North American customer base.

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Planet Payment Inc. and UnionPay International rolled out UnionPay Credit Card acceptance with United Airlines for Chinese travelers' reservations and other ticketing purchases online and through call centers.

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NCR Corp.'s NCR Silver redesigned its tablet-based point-of-sale application.

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MoneyOnMobile Inc. expanded its payment network to include business-to-business transactions in India.

Insurance and healthcare

LexisNexis Risk Solutions enhanced its machine learning in Driver Signature analytics, its proprietary technology for insurance telematics programs.

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PathSoftware, a mortgage loan origination software from CalyxSoftware, integrated with Mortgage Guaranty Insurance Corp. PathSoftware customers can now obtain Mortgage Guaranty Insurance rate quotes and order mortgage insurance without leaving their loan file. Mortgage Guaranty Insurance is a unit of MGIC Investment Corp.

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Under a new partnership, athenahealth Inc. will support OurHealth's network of employer-sponsored clinics across the U.S. midwest and southern regions.

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Constellation selected Milliman Datalytics-Defense from Milliman Inc. as its platform for processing its claims defense cost invoices.

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ESIS Inc. added telemedicine to its suite of medical services offered through ESIS NurseLine. ESIS is Chubb Ltd.'s risk management solutions division.

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Cerner Corp. expanded its relationship with the Children's National Health System to implement a suite of revenue cycle management solutions.

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Health Insurance Innovations Inc. chose CallMiner Eureka to gather business intelligence on conversations between licensed and carrier-appointed insurance agents and customers.

Investing and trading

Envestnet Inc. is offering technology solutions and consulting services to help enterprises and advisers provide programs for managed and transactional accounts on a broader fiduciary standard.

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Paychex Inc. announced that Paychex 401(k) recordkeeping clients supported by LPL Financial advisers now have access to LPL's Employee Advice Solution to offer financial advice and education to plan participants through an online system.

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California State Teachers' Retirement System's Innovation & Risk unit implemented MPI Stylus Pro for its reporting flexibility, comprehensive range of risk measures, economic regime testing and scenario analysis capabilities, as well as plan level comparison functionality.

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BGC Brokers LP teamed up with Pirum Systems to launch ColleX, a platform for collateral trading, and improve post-trade efficiency for clients. BGC Brokers is a subsidiary of BGC Partners Inc. group.

Administration, data and transaction management

Westlaw Global Search results now include content from the document folders of Firm Central, Thomson Reuters Corp.'s cloud­-based practice management solution.

Thomson Reuters launched Regulatory Change Management, a solution that helps organizations manage their compliance workflow.

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Concur, a provider of travel, expense and invoice management solutions, announced the availability of the ADP HR Connector from Concur for ADP Workforce Now clients.

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Royal Vopak, a tank storage company, picked the Workday Human Capital Management from Workday Inc.

Cybersecurity and fraud protection

Black Knight's LoanSphere Empower loan origination system will be integrated with PitchPoint Solutions by the second quarter of 2017. PitchPoint is a provider of mortgage fraud risk services.

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Unisys Corp. released a new set of cyber resilience services to help clients plan for crises related to cyberattacks.

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TransUnion introduced IDVision, a suite of solutions providing businesses with a holistic approach to fraud and identity management.

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