Cisco Systems Inc (CSCO.O) said on Monday that Chief Executive John Chambers would step down after 20 years at the helm to become executive chairman, and that 17-year company veteran Chuck Robbins would become CEO effective July 26.

Chambers, one of the longest-serving CEOs of a Silicon Valley company, will continue to be Cisco's chairman, the company said on Monday.

Milestone Group has been awarded an FTF Gold Standard Award for Best Operational Risk Management Solution.

Have you seen the latest from Tesla? They are making batteries now. Batteries + solar power should save us from global warming and transform the fate of this planet. 

Following its acquisition in March 2014, Pancredit, a specialist lending software provider, today announces a corporate rebrand designed to embody the identity of its parent company Equiniti, a leading provider of technology, administration and payment services.

Visa Europe today announces the launch of Visa Europe Collab, its new international innovation hub. Working with a network of partners from across the digital and fintech ecosystem, Visa Europe Collab offers start-ups and technology entrepreneurs the insight, tools and connections to forge the technologies and services that will transform citizens’ interactions with payments.     

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced that BlackRock, a leader in investment management, risk management and advisory services for institutional and retail clients worldwide, has selected Thomson Reuters Org ID (Org ID) to complement its existing rigorous counterparty due diligence process. 

Global advisory, fund administration and fiduciary services firm Maitland has hired Scott Price to spearhead its ambitious growth aims in the US market. Scott will be joining the firm as Head of Business Development and Client Management for North America. The announcement comes during a period of rapid global growth for Maitland, following hot on the heels of its expansion into the UK market via the acquisition of Phoenix Fund Services.

 Adyen, the global payments technology company, today published its quarterly Mobile Payments Index (MPI), which tracks mobile payment data from web-based transactions across Adyen’s customer base. Online payments made using mobile devices continues to rise globally according to the findings, now accounting for 27.2% of the total online payments made in Q1 2015 – up from 25.8% on the traditionally high online spending period of Q4 and up a massive 39% on the corresponding period last year.

 Bloomberg today announced the company has integrated access to Exane BNP Paribas’ Order Status Update feedback channel, which provides traders of European equities insight into trading algorithms, via Bloomberg’s Execution Management System (EMSX). Through this non-exclusive agreement, each trading algorithm provided by Exane BNP Paribas can deliver distinct real-time alerts, which are based on pre-determined signals and market conditions,directly to the EMSX blotter using the Financial Information eXchange (FIX) protocol.

 Objectway (www.objectway.com), a leading provider of software and services to the EMEA investment management industry, today announced the release of its fully hosted digitally enabled investment management solution—Wealth in One®.