Today the Banking Industry Architecture Network (BIAN) is introducing five new members to its network of leading banks, technology providers, consultants and academics.

Colt today announced that Colt PrizmNet financial extranet is enabling connectivity to a cloud-based ecosystem of MiFID II compliant solutions, helping capital markets firms deal with the various aspects of the directive, due to come into force in January 2018. Current partners include TraderServe for algorithm testing, Aquis Exchange for best execution, and TRADEcho for trade reporting.

 OneMarketData, LLC, the creators of OneTick, the premier solution for event stream processing and tick data management, today announced that TORA, a global leader in technology for investment managers, has gone live with their OneTickCloud service. TORA solutions span the entire trading process, offering a full suite of execution and pre/post trade compliance tools as well as order, portfolio and risk management capabilities in global markets. Customers include hedge funds, mutual funds and sell-side proprietary trading desks.

The financial services companies and their fintech vendors are rapidly entering new reality of the on-demand and peer-to-peer market model. This ‘uberization’ of the industry or so - called ‘sharing-economy’ stimulate the emergence of marketplace banks - an alternative way to traditional banking. The marketplaces start attracting many companies due to its promises of softer regulation and greater flexibility for all parties involved in the economy of scale.

Building upon Friday’s discussion of how the system treats the poor, there are interesting movements afoot at the Brookings Institute.  If you’re not familiar with Brookings, it is one of America’s oldest Think Tanks and provides independent research into social sciences, particularly economics, governance and foreign policy, for the US Government.

From now on, Wirecard AG will handle payment services in the field of card acceptance (acquiring) for the largest low-cost carrier of Central and Eastern Europe, Wizz Air, the headquarters of which are located in Budapest, Hungary. Regardless of whether a customer hails from Barcelona, London or Warsaw, should they wish to book their flight online at wizzair.com, they have a choice between paying by Visa, MasterCard or Maestro.

Tyler Technologies, has signed a software-as-a-service (SaaS) agreement with the city of Tulsa, Oklahoma, for Tyler’s Munis® enterprise resource planning (ERP) solution and EnerGov™permitting, licensing and regulatory suites. The agreement, valued at $13 million, includes financial management, payroll and human resources (HR), revenue tracking and reporting, permitting, licensing, and regulatory suites.

Revel Systems, the world's leading iPad Point of Sale management solution for brick-and-mortar retail, food businesses and more, announced they are partnering with Punchh, the premier provider of Mobile Engagement, CRM and Marketing Automation technologies for enterprise restaura

Guidance Software, the makers of EnCase®, the gold standard for digital investigations and endpoint data security, today announced a global technology and services partnership agreement with Atos, an international leader in digital services with over 100,000 emplo