Samsung Electronics today has announced the launch in Spain of Samsung Pay, a secure and simple mobile payments service that works anywhere you can pay with a contactless credit or debit card. Spain is the first country in Europe to introduce the service, following successful launches in South Korea, the United States and China. Samsung Pay is also the first mobile payments service of its kind to be launched in the Spanish market.

Ping Identity, the leader in Identity Defined Security, today announced that it has been acquired by Vista Equity Partners (“Vista”), a leading private equity firm focused on software, data and technology-enabled businesses. The acquisition will allow Ping Identity to accelerate growth and innovation through strategic acquisitions and focused investment in its leading enterprise Identity-as-a-Service (IDaaS) capabilities, which places identity at the core of enterprise security.

Hitachi Hyper Scale-Out Platform is the software-defined solution that drives compute and data-intensive operations for more efficient work of Hadoop and analytics workloads. The platform allows deployment of multiple workloads through virtualization management integration for flexible analytics. 

Chartis, the provider of research on the global market for risk technology, has published a new report that for the first time quantifies in dollar terms the risk associated with End User Computing (EUC) errors. The report estimates that the EUC Value at Risk (VaR) for the 50 largest Financial Institutions is over $12 billion dollars.