Sales League Table 2020 | Banking Technology Winners

Results Announced!

IBS Intelligence launches BankTech Daily News

Subscribe today. Limited time offer.

The Black Swan Opportunity | Get your bank digital ready.

IBSI Special 5 Digital Report Package with Special Offer. Subscribe now

India FinTech Report 2020

Insights into the historical and projected market size of key FinTech categories. Subscribe now

Segmint to acquire WAND’s Product and Service Taxonomy division

Data-driven solution provider Segmint has entered into an asset purchase agreement with WAND, Inc, a provider of pre-defined taxonomies and taxonomy professional services. The company will acquire WAND’s Product and Service Taxonomy division, including its key personnel and intellectual property.

The acquisition aims to align Segmint’s data analytics platform with WAND’s taxonomy and data normalisation capabilities.

“We are excited about the addition of the WAND Product and Service Taxonomy division and its incredibly talented staff of Library Scientists to Segmint. WAND’s expertise will help Segmint better categorise, structure, and manage our transactions, and further solidify Segmint’s position as the market leader in the data analytics and customer insights space.”, said Adam Craig, President of Segmint.

The supplier will continue serving WAND Product and Service Taxonomy division customers as well as the markets it currently serves. Wand’s current CEO, Ross Leher will continue to lead the company and is intending to focus on Enterprise Taxonomy Division, providing the WAND industry vertical and business function taxonomies for use in leading enterprise knowledge applications.

Segmint assists financial institutions and financial technology providers in understanding and leveraging data as well as in providing customer insights through advanced tagging, categorisation, and contextualisation. The company’s insights also aid organisations to inform strategies, including competitive analysis, risk, marketing, customer experience, and product innovation.

Related IBS Intelligence Research

Related Posts


NAB to recruit bankers and advisers for high net wealth clients

National Australia Bank (NAB) announced that it will recruit 50 new bankers and advisers, as part of its new strategy to provide high net wealth clients with a single point of access for their financial needs, ranging from wealth creation, business growth to retirement needs and philanthropic investment. JBWere CEO and leader for NAB Private, […]

This post is only available to members.

Read More »

EQ launches new automated complaints management product

EQ has announced that it is launching a new automated complaints management product for the financial services industry, EQ Complaints Professional. The new solution is expected to enable firms to enforce their FCA compliance immediately as well as continually as regulation changes. Andrew Edler, MD of EQ Charter, commented, “We are delighted to bring this […]

This post is only available to members.

Read More »
bank, FinTech, neobank, smartbanks, challenger banks, Asia

Australia’s big 4 banks welcome the launch of open banking

The Competition and Consumer (Consumer Data Right) Rules went live on July 1, in Australia. This has been welcomed by the big 4 banks of the country – ANZ, Westpac, Commonwealth Bank and NAB where they will be sharing their customers’ data with third parties, when requested by the customer. Angus Sullivan, CBA’s Group Executive […]

This post is only available to members.

Read More »

Lendio facilitates $8 bn in PPP loans to 100,000 small businesses

Lendio, a leading marketplace for small business (SMB) loans, announced that the company has till now facilitated $8 B in Paycheck Protection Program (PPP) loans for 100,000 small businesses. The firm’s partnership with 300 SBA-approved financial institutions and FinTech leaders has helped the company to secure COVID-19 relief funds for several underserved segments of the […]

This post is only available to members.

Read More »