WISeKey International Holding Ltd and OpenLimit Holding AG announced that they have signed a Memorandum of Understanding (“MoU”) regarding a contemplated business combination to be executed via a statutory merger under Swiss law, whereby OpenLimit would be merged with and into WISeKey, with WISeKey thus being the surviving entity.

-H.I.G. Capital ("H.I.G."), a leading global private equity investment firm with over $20 billion of equity capital under management, is pleased to announce the sale of its portfolio company, Amerijet Holdings, Inc. (“Amerijet” or the “Company”), to an affiliate of ZS Fund L.P., a middle market focused private equity firm.

Cross border e-payment provider PPRO Group today announces that former senior vice president (SVP) of Skrill, Ronnie d’Arienzo has joined the company in the new role of chief sales officer for payment services, to strengthen the business’ ambitious growth plans.

Tullett Prebon, one of the world’s leading interdealer  brokers, today announced its tpMESSENGER service has selected CME Group’s CME Pivot Instant Messaging platform to power its solution and support open communication for commodities and financialmarkets.

EIGHT senior software engineers have made the move to information based lending company Capital One, in as many weeks, to accelerate digital change at the company.

Capital One is looking to bring the brightest talent on board in 200 new tech positions to meet its goal of becoming a digital leader in the financial industry.

Earnings season is upon us, and banks are once again parlaying the global headwinds they face and their industry’s intensifying competitive factors into a quarterly report worth celebrating. Thus far, results have been mixed.

WARNING WARNING WARNING

This is a semi-technical blog update and it is rather long (20 minutes read). If you don’t like dealing with bits and bytes, you may want to turn away now.

I’ve been meaning to also write a blog update on all things about blockchain for a while, but just haven’t had time.  As it’s summer, I now have more time, so here goes.

OT (Oberthur Technologies), a leading global provider of embedded security software products and services, today announced its partnership with Axis Bank, India’s third largest private bank to offer the first open loop EMV contactless smart cards to be used in public transportation in Bengaluru, the third most populous city of India.

Accenture will provide Her Majesty’s Revenue & Customs (HMRC) with application services. In this role, Accenture will support HMRC to increase its use of digital technologies across HMRC’s primary personal tax platform, the National Insurance and PAYE Service (NPS).

Under the terms of the agreement, which runs through to June 2020, Accenture will develop, implement and maintain a secure cloud-hosted tax-management platform for individual taxpayers. The services will be provided from the Accenture Delivery Center in Newcastle, part of the Accenture Global Delivery Network.

WinMagic Inc., the intelligent key management and data security company, has today released survey data in which IT managers say they thwart an attempted data breach at least once a month.  The survey of 250 IT Managers found that a staggering 23% stop a breach every day.  A data breach can be the result of an attack on the network, or an employee inadvertently sending or taking information out of the corporate network without adequate care.