Embroker

EVO Payments | April 01, 2020

US merchant acquirer EVO Payments has secured a $150 million equity injection to help it navigate through the Coronavirus pandemic. The investment came from funds associated with long-term partner Madison Dearborn, a private equity firm that has been a significant shareholder of the company since 2012. The proceeds will be used the strengthen EVO's balance sheet, pay down debt and to fund potential future investment opportunities. In a statement, the firm says: "EVO is closely monitorin...

PAYMENTS

Visa | May 27, 2021

Visa, the global leader in digital payments, announced today the expansion of Visa Fintech Partner Connect, a programme designed to enable financial institutions swiftly engage with a verified and selected group of technology suppliers. Fintech Partner Connect, by expediting the discovery process, can assist Visa's issuing partners in creating digital-first experiences without the expense and complexity of establishing the back-end technology in-house. Visa Fintech Partner Connect, which was...

Zurich, Greater Than AB | June 03, 2020

Greater Than AB, the leading AI-based Insurtech provider, today announced its extended collaboration with Zurich Insurance leveraging the Enerfy platform to offer a fleet usage-based insurance for one of their new mobility customers within the United Kingdom. The common goal is to enable dynamic pricing and leverage the risk insight to improve road safety and reduce the environmental impact through the fleet of fuel, hybrids, and electric cars. The dynamic insurance offering, main...

HSBC | February 06, 2020

As digital challenger banks expand their product suites, large players like HSBC are quickly evolving their digital offerings to attract and retain customers. The bank recently rolled out a digital personal loan product, a high-yield savings account and Treasury APIs to speed up payments for business clients. Later this year, the bank will launch a robo-adviser and new domestic and cross-border payments products, said Alvaro Teixeira, HSBC Bank USA’s executive vice president and head of cu...