S&P Global Market Intelligence rounds up financial technology companies' recent product launches, partnership announcements and fundraising activity, as well as regulatory developments in the financial technology space. Please send tips to Rachel.Stone@spglobal.com. For more fintech news, click here.
Banking and lending
MUFG Union Bank NA will use Fidelity National Information Services Inc.'s FIS Modern Banking Platform to co-develop and co-engineer systems core to its banking transformation program.
First Republic Bank selected Fidelity National Information's IBS platform as part of a core banking modernization program.
Analytics and data management
TransUnion became the primary data provider of identity authentication company Payfone Inc., which will leverage the former's data fusion algorithms, platforms and data assets to strengthen its products and solutions.
QuoteMedia Inc. launched its new stock and options trading analytics platform, Trade A.I. The platform incorporates data science and machine learning to continuously generate and refine probability values that reflect real-world market and instrument behavior than standard industry measures.
Appian Corp. partnered with Celonis Inc. to unite its low-code automation platform with the process mining technology of the Celonis Intelligent Business Cloud.