Swift cut off connections to the messaging network for Iranian banks under orders from the EU in March 2012.

In a statement, the Society says that the EU has now lifted the restrictions imposed in the wake of a nuclear agreement agreed by six world powers and Iran back in July and now verified by the International Atomic Energy Authority. 

GFT, the global provider of advisory, business consulting, IT and software services to the investment banking community, has announced a partnership with FinTech City and the launch of a new Innovation Lab in the UK at its London office.

First Data, a global leader in commerce-enabling technology and solutions, has announced the availability of Clover® Go, the latest addition to the Clover family of business management solutions. The EMV-enabled card reader plugs into an iOS or Android tablet or smartphone and works with a Wi-Fi or cellular connection, allowing business owners of all sizes to seamlessly and securely accept payments outside of a traditional brick-and-mortar setting.

IBM and CSC today announced an expanded partnership to help global enterprise clients accelerate their transition to the cloud.  This includes the modernization and development of key applications that support mobile, analytics and cognitive intelligence across hybrid cloud deployments.

 Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that it has appointed John Hughes to its Board of Directors following the close of the TelecityGroup acquisition on January 15, 2016. Hughes was previously Executive Chairman of TelecityGroup.

TCS BaNCS, from Tata Consultancy Services,  is a globally acclaimed software brand that enables transformation in financial services through a superior and holistic suite of solutions for banks, capital market firms, insurance companies, and other diversified financial institutions.

Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that it has completed the acquisition of TelecityGroup plc in a transaction valued at approximately $3.8 billion (£2.6 billion).

2016 is set to be another milestone year in financial services (FS). With new challengers in the sector disrupting traditional players with innovative solutions, and global regulatory changes being introduced, financial services organisations face a number of challenges to ensure access to data and reports remain compliant. However, whilst some of these challenges seem vast and tricky to manage, the launch of specific institutions to help support FS organisations will hopefully ease the learning process.

Temenos T24 is an integrated core banking solution that is often referred to as “all in one” technology resource. T24 equips financial institutions with all the necessary tools for managing the entire workflow of banking operations from both back and front end in addition to client relationship management. T24 has established strong reputation in financial services market over the past 14 years.