Cyber-attacks are increasing at an alarming rate, and in 2018 we’ve witnessed breaches hit several trusted brands across various industries, including British Airways, Ticketmaster, and most recently, Facebook.

Spunta Project, a blockchain-based application for interbank reconciliations, has passed several tests and moves onto the pre-production phase. As of today, 18 banks, representing 78% of the Italian banking sector in terms of number of employees, are actively involved in the testing, selection and implementation of the new distributed technology.

CQG, a leading global provider of high-performance solutions for trading, market data, technical analysis, and risk and account management, announced today a new partnership with JB Prime, an Australian financial services company offering access to securities and derivatives for wholesale and retail customers.  Through the newly formed partnership, customers of JB Prime gain access to CQG’s multi-asset offering, including global equities, contracts for difference (CFDs), Foreign Exchange (FX), Commodities, and more, all on one platform.

CloudMargin, creator of the world’s first and only collateral and margin management solution native to the cloud, announced today that PPM America, Inc. (PPM), a subsidiary of UK-based Prudential plc, has just gone live on its platform. The investment manager with $119.16 billion in assets as of Jan.

Abacus Group, a global provider of IT services for alternative investment firms, today announced it has completed the acquisition of competitor Proactive Technologies. The two companies will merge under the Abacus Group umbrella, combining their leading-edge technologies, similar philosophies of premium customer service, operational synergies and talent pools.

Dash Financial Technologies, the industry’s leading capital markets technology and execution provider, today announced the addition of a new suite of real-time analytics, visualization and reporting tools aimed at portfolio traders. The new tools are available natively in Dash360, the firm’s award-winning, web-based platform that provides order-to-execution level transparency, detailing and visualizing exchange fees, and providing venue controls, routing analysis and performance reporting.

Modulr, the Payments-as-a-Service API platform for digital businesses, and Paxport, the Travel Technology and Services giant, have today announced a partnership to provide a new flexible payment solution for online travel agencies (OTAs) and tour operators. 

Validis, a pioneer of financial data sharing and standardization technology, today announced the release of Sage 100 MAS90, Sage 100 MAS200, Sage 100 Contractor and Sage 300 CRE (Timberline) within its DataShare platform, ensuring Validis’ clients can continue to digitize the lending process and audit the journey for small and medium-sized businesses, accessing live, structured client financials in unprecedented timescales. 

What is the solution?

PrePay Solutions is one of the most complete and innovative prepaid platforms available in Europe. It is an in-house, multilingual, multicurrency-processing platform that is entirely designed for the prepaid market. The leading edge processing platform is created to support many different transactions, from card generation through to expiry.