Compass Plus, an international provider of retail banking and electronic payments software to processors and financial institutions, has revealed the results of their recent research shows industry professionals believe mobile payments, NFC and contactless technology will reach mass adoption within five years despite previous results indicating they should already be mainstream.

Move enables banks to grasp the US$2 trillion Islamic banking market opportunity through new lower cost cloud access to Temenos’ long-established T24 Islamic banking solution.

Temenos (SIX: TEMN), the market leading provider of mission-critical solutions to the financial services industry, today announces that its specialist T24 Islamic core-banking solution is now available as a cloud-based service, ‘T24 Cloud Islamic’, delivering access to enterprise-level IT at an affordable price, while no compromise is made with regard to compliance with Islamic law.

NCR Corporation (NYSE: NCR), the global leader in consumer transaction technologies, today announced the opening of a new Services Operation Centre in Kuala Lumpur, Malaysia.

EXUS, the leading financial software vendor, has successfully delivered to Bahrain Islamic Bank, an upgrade of its Collection & Recovery platform, with the aim to fulfil the bank’s need to adapt its operating model regarding NPLs in the context of a rapidly changing environment.

Overwhelmingly rapid change has become the new normal in regulatory compliance worldwide, including India. Form, content, format and calculation are being constantly changed by regulators to drive a stable financial ecosystem. Post the 2008 global crisis, regulators across the world have begun switching to Risk-based Supervision (RBS) to ensure banks do not take undue risks to maximise profits and boost performance. Meanwhile the RBI is phasing out its CAMELS-based inspection and is ushering in a new Risk-based Supervision environment to manage the banking system more closely.

How well a company manages its supply chain is reflected now more than ever in the health of its balance sheet. Today’s supply chains are complex and global. They are made up of networks of trading partners, often spread across the globe and are dependent on the efficient exchange of information for the smooth flow of goods.

If you think mobile coupons and offers are just a fad, it’s time to think again. In fact, they’re growing more popular by the year.

Ancoa, providers of contextual surveillance and insightful analytics for exchanges, regulators, buy- and sell-side firms, today announced that Linear Investments Ltd, a leading investment manager offering a full-service ‘mini-prime’ brokerage, custody and execution service to smaller and mid-sized hedge funds, has successfully deployed Ancoa’s market surveillance and analytics capabilities for its execution and trading platforms.

IRESS has agreed to acquire personal finance content provider, Innergi.