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Fintech focus: BofA adopts Visa Checkout; Marsh & McLennan unit forms alliance to expand offerings

Several players withinthe financial 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 here.

Insurance and healthcare

Texas FAIRPlan Association chose Guidewire Software Inc.'s Guidewire Gateway Portal forAgents to meet the business demands of its agents.

Buckeye Insurance Group opted for One Inc.'s ProcessOne to manage its paymentprocessing and daily cash reconciliation. The group also selected ContactOne toincrease policy retention via automated calling and messaging, and PortalOne toenable multi-device access to payment and policy information.

MedicalTranscription Billing Corp. is offering its e-prescribing solution free of chargefor a limited period of time to physicians who have yet to implement ane-prescribing solution in the wake of New York's new e-prescribing mandate.

ISO madeavailable new inland marine insurance forms to help protectbusinesses using commercial drones from the costs of potential crashes,including damage to the drones, their equipment and their cargo. ISO is aVerisk Analytics

Agents arenow able to complete a management liability electronic submission applicationon CNA Central, CNA's online agent portal. CNA is a service mark registered byCNA Financial Corp.with the U.S. Patent and Trademark Office.

SPLICE Software joined Majesco's partner ecosystem. SPLICE is a provider ofsolutions that connect insurance companies and customers with a real-timedata-driven engagement.

ComputerSciences Corp. kicked off a chronic care management service withReliance ACO as its first adopter.

University Hospitals expanded and extended its commitment to through2024 to enhance patient care and improve population health management.

Broadspire, a Crawford & Co. company, Emerge Diagnostics as its partnerto provide electrodiagnostic functional assessment services to help controlworkers compensation costs.

Investing and trading

Envestnet | Tamarac unveiled four major software updates, including a newhousehold structure, to strengthen registered investment advisers' onlineengagement with clients.

Through a strategic partnership, certain Vanguard clientscan access Envestnet| Yodlee's personal finance management platform as well as FastLink.

Folio Institutional teamed up with North American KTRADE Alliance LLC togive plan sponsors and their advisers a way to avoid conflicts of interest,manage defined contribution plan costs and enhance plan participant services.Folio Investing, Folio Institutional and VIAFolio are offered by

DepositoryTrust & Clearing Corp. and Digital Asset Holdings LLC to develop and test a distributedledger based solution to manage the clearing and settlement of U.S. Treasury,agency and agency mortgage ­backed repurchase agreement transactions.

PrincipalGlobal Investors LLC picked Eagle Investment Systems LLC to provide aportfolio accounting solution hosted on Eagle ACCESS, and to achieve aninvestment book of record. Eagle Investment Systems is a company.Principal Global Investors is the asset management arm of the

SEI UK Private Banking renewed its contract for a further five years withBordier & Cie (UK) PLC until at least 2022. The re-contract terms mean theSEI Wealth Platform will continue to provide integrated wealth managementinfrastructure to Bordier.

Tax and accounting

Thomson Reuters integrated the Thomson Reuters ONESOURCE Indirect Taxsolution and NetSuite into one solution, called ONESOURCE Indirect Tax forNetSuite SuiteApp.

Research and analytics

Equifax Canada Co. and Teranet Enterprises Inc. a strategic partnershipto provide property and real estate secured lending insights on Canadianconsumers. Equifax Canada is part of Equifax Inc.

AcxiomCorp. enhanced its partnership with Twitter. Under a newresearch initiative called Offline Sales Impact, Twitter's brandadvertisers will be able to measure the offline sales impact of their campaigns.

ThomsonReuters Corp. reached an agreement with FiscalNote to providepredictive legislative analytics to Thomson Reuters Regulatory Intelligence, asolution that enables clients to manage regulatory risk. FiscalNote is aprovider of legislative and regulatory analytics and insight.

Banking and lending

CardtronicsInc. extended its ATM services agreement covering 94 ATMshosted by Wegmans Food Markets, while simultaneously expanding the relationshipby adding the ATMs to Allpoint Network.

Santander Bank selected RDM Corp. as its new desktop and mobile remotedeposit capture solution provider for its corporate and commercial bankingclients.

CMG Financial streamlined the management of its appraisal process fromstart to finish using Global DMS' eTrac platform.

NeighborsFederal Credit Union, Texas Dow Employees Credit Union and deployed DNA, areal-time, open architecture account processing platform, along with integratedsurround solutions from FiservInc.

To simplify consumer payments, customers'eligible Visa cards for enrollment in Visa Checkout directly from OnlineBanking.

Payments and retail

Equifax joined with Black Book Activator, an online sales leadgenerator, to develop Black Book Activator eCredit, a new customer-facingcredit scoring solution available to the dealer community and online autoshoppers.

IPaymentInc. entered into a partnership agreement with Opti-Port, analliance of eye care providers, to provide payment technologies and processingsolutions to Opti-Port's membership.

Conversica created the Conversica automotive service assistant, anAI-based solution for automotive dealerships and their service departments. Thesolution engages new car buyers and present and past service customers intwo-way email conversations to get them into the service drive.

WEXInc. signed an agreement with Voxel Group, a supplier ofelectronic billing and settlement services to the hospitality and travel industries.The long-term relationship established by the agreement is based on theintegration of WEX's virtual payments solution into the Voxel-owned baVelelectronic settlement platform that communicates directly with hotel propertymanagement systems.

LexisNexisRisk Solutions and Equifax unveiled PowerView Score, a three-digit credit score designedfor the automotive industry.

Fraud andcybersecurity

InfoTrax integrated its DataTrax back-office software for directselling companies to ProPay's Guardian CyberShield fraud detection andprotection service. ProPay is a Total System Services Inc. company.


Eisai Inc. inked a three-year contract extension for ComputerSciences' Total Regulatory Solutions as-a-Service. The agreement extends theongoing life sciences software and cloud-hosting services Computer Sciencesprovides to Tokyo-based Eisai Co. Ltd.'s U.S. pharmaceutical subsidiary untilDecember 2019.


UnisysCorp. rolledout ClearPath Forward MCP Express and OS 2200 Express to helpenterprise application programmers and academics expand their knowledge of thesystems' functions and capabilities.

EPlusInc. unit ePlus Technology inc. upgraded its converged infrastructure offerings toinclude ePlus Managed FlashStack Services.


Marsh &McLennan Cos. Inc. unit Mercer and Thomsons Online Benefitsformed an allianceto expand their respective offerings to multinationals looking to manage theirglobal benefits programs.