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Weekly News Update Weekly News Update Week Ending 9/29/17 SPECIALIZED INVESTMENT BANKERS AT THE INTERSECTION OF FINANCE AND TECHNOLOGY Weekly News Update – Week Ending 9/29/17 Go to Index BANK TECH / SOLUTIONS ...................................................................................................... 8 Banca Generali and Saxo Bank enter online trading pact ............................................................... 9 BBVA uses big data to redraw city maps ......................................................................................... 10 R3 and 12 banks plan overhaul of open-account trade finance ................................................... 11 The iphone X facial recognition tech to revolutionise credit underwriting ................................... 12 SCU launches AI service for customer queries ............................................................................... 14 HSBC launches Open Banking solution ahead of schedule ......................................................... 15 Starling Bank uses tech to woo customers and challenge incumbents ....................................... 17 Quovo announces use of account aggregation to autoverify micro-deposits ............................. 19 Amazon, PayPal increasing interest in engaging with federal banking regulators .................... 20 BPO ..........................................................................................................................................24 Kyriba enters strategic alliance with GlobalTrade Corporation ..................................................... 25 Hills Partners with Cognizant to drive digital transformation ......................................................... 26 79% of AI leaders expect employees to work comfortably with robots by 2020 ........................ 28 Convergys to close Lubbock location in 2018 ................................................................................. 30 FINANCIAL MANAGEMENT SOLUTIONS ..............................................................................31 Zenefits tries a rebrand and hands-off insurance brokerage......................................................... 32 Hazeltree teams with BNY Mellon for cash management solution ............................................... 34 HEALTHCARE TECH ...............................................................................................................35 Change Healthcare announces enterprise blockchain solutions on hyperledger fabric ........... 36 Evolent Health announces proposed expansion of relationships in Illinois and New Mexico .. 38 Prime Healthcare expands existing partnership with Omnicell to serve a majority of facilities within the health system ...................................................................................................................... 40 INSURANCE ............................................................................................................................41 TATV deploys Guidewire Systems for business growth ................................................................ 42 RSA Canada deploys Guidewire System for claims management .............................................. 44 Matic Insurance Services partners with Roostify to streamline homeowners insurance .......... 45 What advisors need to know about the changing LTC market ..................................................... 46 What AIG seeks in insurtech associates .......................................................................................... 48 2 | P a g e Weekly News Update – Week Ending 9/29/17 Go to Index State Auto launches $25 million venture fund for insurtech .......................................................... 50 Lemonade to conduct groundbreaking experiment on the insurance deductible ....................... 51 Robo Adviser helps drive record boost in AIG investment business ........................................... 52 PAYMENTS ..............................................................................................................................54 How to provide a personalized mobile retail experience at scale ................................................. 55 British supermarket offers 'finger vein' payment in worldwide first ............................................... 57 TerraPay and bux partner to launch mobile app based cross border money transfers to India ................................................................................................................................................................ 59 Infosys Finacle partners with ToneTag to offer sound-based contactless payments ................ 60 BluePay partners with Datacap to expand EMV processing capabilities with TranCloud ........ 62 Mastercard hints at plans for blockchain settlement system ......................................................... 63 Aldi begins accepting contactless payment ..................................................................................... 64 PayThink Virtual cards can end health care's reliance on paper bills .......................................... 66 Youtap debuts cloud service for mobile money and payments providers ................................... 68 Ondot Systems integrates card control software into Access Softek mobile banking platform 69 Mastercard and Swarovski launch VR shopping ............................................................................. 71 Fed allies on faster payments ............................................................................................................ 72 Access Softek adds Ondot Systems' mobile banking card control tool ....................................... 74 Braintree, Eventbrite make concerts and commerce contextual .................................................. 75 Bank of America faces Biometrics ..................................................................................................... 77 First Tech Credit Union goes live with Zelle ..................................................................................... 79 Enhanced TNS Solution creates growth opportunities for Canadian ATM operators ............... 80 Hawk Incentives launches Mastercard prepaid incentive card for mobile wallets ..................... 82 In the face of consumer scepticism, Worldpay develops SDK for IoT shopping ........................ 83 Sonic Drive-In has been breached .................................................................................................... 84 How a global gig economy adds complexity to payments tech ..................................................... 85 ISVs aren’t likely to elbow ISOs aside any time soon, a panel of acquirers argues .................. 87 Timex embeds bPay contactless chip into watchstrap ................................................................... 89 SECURITIES TECH ..................................................................................................................90 Invest AD partners with Calypso for integrated front-to-back solution ......................................... 91 BNP Paribas Asset Management is upping its private debt game ............................................... 92 FastMatch launches consolidated central tape for Forex Market ................................................. 93 3 | P a g e Weekly News Update – Week Ending 9/29/17 Go to Index The $1T milestone advisors won’t be celebrating ........................................................................... 94 CFH Clearing offering Bitcoin Liquidity through MT4 ..................................................................... 95 RBC’s stab at fixing what’s broken in personal financial management ....................................... 96 Only three per cent of advisers offer robo-advice ........................................................................... 99 Vietcombank Partners with Thomson Reuters for FX trading needs ......................................... 100 SEB and Nasdaq to collaborate on blockchain-based funds platform ....................................... 101 Wells Fargo research analysts invent their own AI replacement ................................................ 102 SPECIALTY FINANCE / ALTERNATE LENDING .................................................................. 103 Amplify credit union turns up tech focus with move to Fiserv ..................................................... 104 How Marqeta uses cards to power disruption in Lending ............................................................ 105 French fintech lender Younited Credit is the next big platform-turned-bank ............................. 107 Currency exchange fintech expands into credit ............................................................................ 109 Digitization of SME Finance is a win-win for all ............................................................................. 111 AutoGravity surpasses $ 1 billion in finance amount requested, launches real-time dealership inventory nationwide .......................................................................................................................... 113 DATA & ANALYTICS / IoT ..................................................................................................... 114 Cisco introduces transformational systems management platform and strategy for its systems .............................................................................................................................................................
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