Enabled by an interoperable tokenisation platform, Apple Pay, Samsung Pay and Android Pay are expanding their participation in mobile payments. Samsung recently announced that it will launch Samsung Pay in Singapore on June 16^th in collaboration with OCBC, DBS, POSB, Standard Chartered and Citibank.

 Infotecs a leading international security software and solutions provider announced today that it has selected Deep Packet Inspection (DPI) technology from Rohde & Schwarz to embed in the Infotecs Cyber Security Platform as part of its Next Generation Firewall.

The burst of technological innovations has created a variety of opportunities for the financial institutions to win new customers alongside managing the challenges of regulation and complex business processes. Although many banks fit into the new digital realities there are a number of technological issues that financial institutions still need to address. Especially it concerns the traditional banks that have built the long standing clientele but often lack the technological potential and agility to reach out for new digital generation of customers.

Deutsche WertpapierService Bank AG, the leading securities settlement service provider for Germany’s financial market, has chosen Aquarius provided by TAS Group as its liquidity management system after a 12 months global selection procedure.
 
dwpbank and TAS Group cooperate in order to reach three main objectives with this project:
 

Following the news that millions of Twitter passwords have been leaked on the dark web, John Marsden, Head of ID and Fraud at Equifax, explains the dangers the population face as technology continues to evolve at an alarming rate:

Taiwan Business Bank’s Wuhan, China, branch has selected Wolters Kluwer’s OneSumX Regulatory Reporting solution for its increased regulatory reporting requirements.

With the need for enhanced regulatory reporting to the China Banking Regulatory Commission (CBRC),Taiwan Business Bank decided to opt for a scalable solution that enables it to meet the new standards.

PwC today announced it is launching a Long Finance research project into the potential of blockchain tech

Symantec and Blue Coat, Inc. report that they have entered into a definitive agreement under which Symantec will acquire Blue Coat for approximately $4.651 billion in cash. The transaction has been approved by the Boards of Directors of both companies and is expected to close in the third calendar quarter of 2016. Greg Clark, Chief Executive Officer of Blue Coat, will be appointed Chief Executive Officer of Symantec and join the Symantec Board upon closing of the transaction.

HighQ, a global leader in Software as a Service collaboration and content management solutions for the security-minded enterprise, announced today that HighQ’s Board of Directors has appointed Gregory P. Taylor as President and Chief Operating Officer effective immediately.

Globally, only one-fifth of boards and 16 percent of executive committees in financial services are comprised of women, according to the Women in Financial Services report by global management consultancy Oliver Wyman. This is only a slight improvement in both categories since the report was last published in 2014.