There was an interesting article in The Independent last week about the big banks becoming bigger since the financial crisis hit.  The article notes that the big American banks control 70% of all US assets, and that this figure has increased 40% since 200

Nevis Technologies today announced that it will deliver its smart ticketing solutions to Lothian Buses, the UK’s largest publicly owned bus company.

MoneyGram (MGI) announced today that its board of directors, after consultation with its outside legal and financial advisors, has determined that the unsolicited proposal received on March 14, 2017 from Euronet Worldwide, Inc. ("Euronet") (EEFT) to acquire all of the outstanding shares of MoneyGram Common Stock and Preferred Stock for $15.20 per share in cash on an as-converted basis (the "Euronet Proposal") could reasonably be expected to result in a "Company Superior Proposal" as defined in MoneyGram's merger agreement with Ant Financial Services Group ("Ant Financial").

On April 19, Moscow will host a session dedicated to the application of blockchain technologies in the banking sector within annual Blockchain&Bitcoin Conference Russia. It will engage representatives of Sberbank, Alfa Bank and other companies, actively implementing blockchain in business processes.  

Why Russian bankers are interested in blockchain

Synchrony Financial, a premier consumer financial services company, today announced that it has acquired GPShopper, an innovative developer of mobile apps that offer retailers and brands a full suite of commerce, engagement and analytic tools. Financial terms of the transaction were not disclosed and it is not expected to have a material impact on financial results.

New research held by the FSN Modern Finance Forum, titled “The Future of Financial Reporting Survey 2017”, suggests that the financial reporting process is teetering under the strain of new information demands, a spreadsheet-spiral, a fragile reporting ecosystem and consequent problems in boardroom. ClusterSeven, the leading global supplier of strategic spreadsheet and end-user computing (EUC) management software, has partnered with FSN on this report.

 FactSet, a global provider of integrated financial information, analytical applications, and industry-leading service, announced that it has acquired BISAM Technologies S.A. for $205.2 million from Aquiline Capital Partners and company insiders. With more than 160 employees worldwide, BISAM is a leading provider of portfolio performance and attribution, multi-asset risk, GIPS composites management and reporting.

SmartBear Software, the leader in software quality tools for teams, is exhibiting its complete product portfolio at IBM InterConnect, taking place on Sunday, March 19 – Thursday, March 23, 2017 in Las Vegas.

Today InnoLight Technology, the leading provider in next generation cloud computing optical transceivers services, announced volume shipments of a complete suite of QSFP28 products. InnoLight also announced the availability of Industry's first 400G OSFP at OFC 2017.

The first Fincluders Startup Challenge outside Europe is set to feature prize money of up to USD 15,000 for fintech entrepreneurs with solutions and concepts for spreading financial inclusion in the Middle East and North Africa (MENA), says the event’s organizer, the Technical Assistance Facility of the SANAD Fund for MSME.