Singapore and the United Kingdom on Wednesday (Jul 29) signed a Memorandum of Understanding (MoU) to increase cooperation in cyber security.

The UK-SG Cyber Security Cooperation MoU was signed between the UK Cabinet Office and Singapore's Cyber Security Agency, and witnessed by Singapore Prime Minister Lee Hsien Loong and UK Prime Minister David Cameron.

The agreement covers cooperation in four broad areas, including cyber security incident response and cyber security talent development.

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today urged legislative and industry action to address three key obstacles that are hindering achievement of the G20 transparency goals set forth by policymakers in the aftermath of the 2008 financial crisis. 

ShoreTel® (NASDAQ: SHOR), the leading provider of brilliantly simple phone systems and

Earthport, the largest open global bank payment network, has today announced Singapore as its new regional base in Asia. Building on its extensive and growing links, the new office will provide a physical base in Singapore as a FinTech hub for the region, supporting further expansion in emerging trading nations across South East Asia.

Retail channels continued to drive exchange-traded fund (ETF) growth through the second quarter of 2015, increasing assets in absolute dollars by $265 billion over the past year, and outpacing the $200 billion in long-term mutual fund (LTMF) assets distributed by retail channels, according to data released today by Broadridge Financial Solutions, Inc., (NYSE:BR) via its Fund Distribution Intelligence tool.

WEX Inc. (NYSE: WEX), a leading provider of corporate payment solutions, today announced that it has been selected to provide its full suite of corporate payments solutions to ServiceMaster Global Holdings Inc.

Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, today announced that it has signed a software development cooperation agreement with SAP SE (NYSE:SAP). The partnership provides customers with an end-to-end business-content network for logistics collaboration and connectivity by creating a logistics message exchange between Descartes' cloud-based Global Logistics Network (GLN) and the SAP® Transportation Management (SAP TM) application.

Path Solutions announces today that Sudanese Egyptian Bank (SEB) has successfully completed the implementation of iMAL Islamic core banking system across its operations in 7 retail branches.

The iMAL solution, which was chosen to replace SEB’s legacy outsourced system, will now accelerate the growth of its retail banking business and further enhance its customer experience.