US bank BB&T set to deploy $50m into FinTechs
US bank BB&T is looking to deploy $50m to either invest in or acquire FinTech companies.
Clearlake buys Perforce Software from Summit Partners
Private equity firm Clearlake Capital Group has purchased Perforce Software, a provider of enterprise scale software solutions, from Summit Partners.
New Capital Partners-backed LoyaltyExpress acquires Lending Manager
LoyaltyExpress, a CRM and marketing automation provider for banks and mortgage companies, has acquired Lending Manager.
AquaQ Analytics collaborates with Danske Bank
AquaQ Analytics is collaborating with Danske Bank to help the bank automate several manual tasks to increase efficiency and save time.
MCCCU partners with Fiserv, Celero to boost growth
Motor City Community Credit Union has partnered with Fiserv and Celero to help boost growth and new services.
Appway launches regulatory review solution for wealth managers
Appway has launched a Regulatory Reviews for Wealth solution to help wealth managers comply with evolving regulations.
SEC halts AriseBank’s $1bn initial coin offering
The US Securities and Exchange Commission (SEC) has put the brakes on an initial coin offering (ICO) that was seeking to raise up to $1bn to develop ‘‎the world’s first decentralized bank’.
LuLu Exchange brings in Fiserv’s AML tech
LuLu Exchange, which provides cross-border remittance, currency exchange and other financial services, has bought in Fiserv’s AML Technology.
Hungarian InsurTech platform Netrisk.hu bought out by MCI Capital in €56.5m deal
Hungarian InsurTech platform Netrisk.hu has been bought up by private equity firm MCI Capital.
Amazon to consider move into global InsurTech market
E-commerce giant Amazon is reportedly considering a move into the InsurTech market.