CME Group, the world's leading and most diverse derivatives marketplace, and CloudMargin, the award-winning collateral management provider, today announced they have collaborated to offer CME Clearing and CME Clearing Europe customers the first cloud-based software service that integrates and automates the management of collateral in one place. This allows market participants access to a consolidated view across their complete collateral inventory that they can utilize for both cleared and non-cleared derivatives transactions at any given time.

Convergex, an agency-focused global brokerage and trading related services provider, is pleased to announce that it has enhanced the configuration options in Darkest, its liquidity-seeking algorithm, to provide greater flexibility, block-trading functionality and enhanced anti-gaming tools when trading in European dark pools. Convergex's Darkest algorithm is designed to dynamically source non-displayed liquidity from Regulated Markets, MTFs and broker-crossing networks, while maintaining anonymity.

FairFX, the FinTech low-cost multi-currency payments service, has extended its international payments service into the domestic South African market through a tripartite agreement with Morgan West Ltd and Mercantile Bank.

Services providing foreign exchange into South African Rand (ZAR) to send into South Africa are widely available. Converting ZAR into other currencies for movement out of South Africa is more challenging and demands a local footprint, which FairFX now offers.

TANGO is the transaction processing system developed by Lusis Payments for banks, merchants, processors and retail companies that deal with large volumes of payments. It is hardware and software agnostic. That means that it can run on any hardware and operating environment including HP NonStop™. The main strength ofTANGO is in its ability to handle any type of payment. It works for all industries, and not just banks and financial institutions. Lusis has customers in all regions of the world.

WhiteHat Security, the only application security provider that combines the best of technology and human intelligence, today announced the release of the eleventh annual Web Applications Security Statistics Report. Compiled using data collected from tens of thousands of websites, the report reveals that the majority of web applications exhibit, on average, two or more serious vulnerabilities per application for every industry at any given point in time.

 Fiserv, a leading global provider of financial services technology solutions, announced today that Me/CU, based in Oklahoma City, Oklahoma, has selected the Portico^® account processing platform and an integrated suite of digital banking, payments and lending solutions from Fiserv.

Did you know that making cross-border P2P mobile payments is about to get much easier?

In more and more countries, across the Single Euro Payments Area (SEPA), Person-to-Person (P2P) mobile payment solutions are being offered. Their growing convenience for users is reflected in the fact that more than fifty solutions now co-exist across SEPA.

Teradata, the big data analytics and marketing applications company, today introduced the Teradata® Aster® Connector for Spark, an industry-first integration of Apache Spark analytics with 

The Western Union Company (NYSE: WU), a leader in global payments, today pioneered mobile and online money transfers to Cuba via the Western Union app and wu.com in the U.S., paving the way for a new generation of tech-savvy customers to move money into Cuba in minutes.*

The move solidifies Western Union’s more than 15 years of serving Cuba and reflects its commitment to bring access to its global omni-channel strategy to the Cuban diaspora in the United States.