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.

Bats Europe, the region’s largest stock exchange operator, today announced the launch of a UK-focused benchmark index series.

Bats will launch 18 different indices covering large to small cap securities and 12 industry sectors. The indices were developed in consultation with investors and index users, to offer a robust and trustworthy alternative to incumbent providers. Key features include:

Gartner Security and Risk Summit 2016 -- Fasoo released the results of the security industry's first look at organizations' confidence around protecting intellectual property and other high value assets. In the latest Ponemon Institute survey titled, "Risky Business: How Company Insiders Put High Value Information at Risk," 72 percent of surveyed organizations are not confident in their ability to manage and control employee access to confidential documents and files.

Today, Insignis Asset Management, a new cash management company, launches to revolutionise how clients manage their cash deposits, a market forecast to grow dramatically in the coming years. The Insignis Digital Banking Network will enable clients to deposit cash, starting from £100,000, into a hub account, held in their own name, from where it is electronically distributed to bank accounts that give the best returns. Clients’ deposits receive FSCS protection up to £75,000 per person, per authorised bank.

 MasterCard cardholders in Singapore will soon be able to use Samsung Pay to make payments in a quick and secure way. Singapore is the first market in Southeast Asia to roll out Samsung Pay.