BMO Expands Digital Banking Platform for Small and Midsized U.S. Businesses

Online Banking for Business (OLBB) provides essential banking tools to simplify payments, cash‑flow visibility, and user management Platform is tailored to how owners and growing teams manage everyday banking National rollout builds on successful Canadian launch and U.S. limited release BMO today announced the national U.S. rollout of a simplified Online Banking for Business (OLBB) experience designed specifically for small and midsized enterprises (SMEs) and Emerging Middle Market (EMM) clients. Previously available through a limited...

R.J. O’Brien, Phlo Systems Strategically Partner with an Equity Investment

R.J. O’Brien & Associates (RJO), the oldest independent futures brokerage and clearing firm in the United States, and Phlo Systems, a leading provider of digital solutions for commodity trading, trade finance and international trade compliance, today announced that the firms have entered into a strategic technology partnership, which includes an equity investment by an affiliate of RJO in London-based Phlo Systems. Terms of the investment were not disclosed. The move is the first strategic partnership and investment...

Trintech acquires Financial Reconciliation Business from Fiserv

Financial close automation leader bolsters capabilities for an additional 400 blue-chip clients to drive ROI for the Office of the CFO. Trintech, a leading global provider of cloud-based financial close solutions for the Office of the CFO, today announced its acquisition of Frontier™ Reconciliation and Accurate™ Reconciliation from Fiserv (NYSE: FI), a leading global provider of fintech and payments solutions. Serving customers across multiple verticals including financial services, telecommunications, retail, insurance and utilities, the acquired reconciliation business will act...

John Hancock and Clareto Streamline Life Insurance Purchase Process

Today, John Hancock announces a strategic collaboration with Clareto, a leader in digital solutions to acquire and aggregate electronic health data, to further improve the Company’s underwriting speed and efficiency as part of its ongoing commitment to transform the life insurance purchase experience. Clareto’s capabilities include enabling access to more than 52 million unique patient records* through a fully HIPAA-compliant integration of state and regional health information exchanges and national electronic medical record vendors. John Hancock will leverage Clareto’s growing network...

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