Aviva plc (“Aviva”) today announces that it has agreed to sell its entire 49% shareholding in its joint venture in Taiwan, First Aviva Life (“Aviva Taiwan”) to Aviva’s joint venture partner, First Financial Holding Co. Ltd. (“FFH”).
Following a strategic review of Aviva Taiwan, Aviva concluded that the business is not central to the group’s strategy to focus on markets where it can achieve scale and profitability or have a distinct competitive advantage.
IBM (NYSE: IBM) today announced it is building an industry-first insurance platform on the IBM Cloud that aims to improve the processes and economics for new product development, underwriting, and benefits delivery.
The tech giants with cloud computing businesses are using artificial intelligence offerings to distinguish themselves and win business.
Alphabet, Amazon, and Microsoft have all discovered that the artificial intelligence they use to make their own products better can be turned into a service and sold to corporate customers as a value-added service on top of their booming cloud-computing businesses.
Carrefour Poland has launched its pioneering “Scan&Go” service embedded in its shopping application, which enables self-service product scanning as well as in-app payments with Masterpass, all in a customer’s own smartphone. The solution, designed to eliminate queues at cash registers and improve customer experience, has just concluded a pilot stage and is going to be gradually launched in Carrefour stores across Poland.
Smartphones to replace cash registers and wallets
It’s been well documented that the financial services industry needed some form of disruption and a move away from the traditional models. The industry as we know it has become too out-dated in the modern, digital world that we now live in. True product innovation, improved customer UX/UI were always going to be a problem for large financial institutions to manage and rectify. FinTech was seen as the holy grail to address the bulk of these issues, and for the most part there has been some progress.
Discover announced today that cardmembers now can redeem Cashback Bonus® for a statement credit through Apple Pay.
Apple Pay is the easy, secure and private way to pay and Discover is the first major credit card issuer to offer the ability to redeem rewards after a purchase through Apple Pay.1
Payment Alliance International (PAI), the nation’s largest, privately-held ATM provider, today announced the release of its much anticipated PAI Mobile app.
Surecomp, the leading global provider of trade finance solutions for banks and corporations, announced today that IMEX®, a back-office trade finance solution has been awarded ‘SWIFT Certified Application – Trade Finance’ for the 19th consecutive year.
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