Despite an increase in information security spend, the unfortunate truth is that cyber-crime continues to grow – both in profile and in prevalence. According to the Office for National Statistics (ONS), there were 2.5 million cybercrimes committed in the UK in 2015.

SmartStream Technologies, the Transaction Lifecycle Management (TLM^®) specialist, today announce the appointment of Naren Patel to head the Strategic Account Management for the Corona Business Unit (CBU) based in London.

Naren Patel will be key a part of the European sales team, reporting to Marcus von Rahden, Head of Sales Europe, Corona Business Unit, he will be responsible for all aspects of business development and strategic account management in the UK, Ireland, Scandinavia, Belgium, Netherlands and Israel. 

 Volante Technologies Inc., a global leader in the provision of software for the integration, processing and orchestration of financial messages and payments, today announced the signing of a partnership agreement with Payfessional. The partnership will see Volante’s VolPay suite of payment integration and processing products delivered to the Turkish and regional financial markets.

 OneMarketData, LLC, a leader in tick data management and analytics, today announced the launch of OneTick Strategy Backtesting, a platform for strategy development and large scale backtesting. The platform is powered by OneTick, OneMarketData’s enterprise solution for data management and time-series analytics, and utilizes global multi-asset class market history available through the OneTick Cloud service.

BIMCOR, one of Canada’s largest pension funds with assets of over $20 billon, is working with RIMES, the provider of managed data services for the buy-side. BIMCOR reports a notable improvement in data quality and reduction in costs associated with data management following the implementation of RIMES’ Benchmark Data Service.

$7.9 billion Renasant Bank based in Tupelo, Miss., $1.2 billion Machias Savings Bank based in Machias, Maine, and $5.1 billion Independent Bank, McKinney, Texas have selected its C3 Financial, a cash management and forecasting solution invented by CetoLogic, to simplify cash operations and accurately predict cash levels to service customers’ needs.

Apriva, the provider of secure end-to-end wireless transaction processing solutions, and iPayment, Inc., a provider of payment solutions and processing services, have extended their partnership to provide EMV capable solutions to small and mid-sized businesses (SMB) using mobile points of sale. This extension of iPayment’s point of sale (POS) solutions brings EMV functionality to customers using their mobile payment application, iPayment MobilePay.

AOC Solutions^®, a provider of commercial payments technology, is launching Transact Global^SM, a processing platform dedicated exclusively to virtual payments.

Easy Solutions and Alkami™ Technology, Inc. have entered into a partnership to make Easy Solutions’ Total Fraud Protection portfolio of products available as part of Alkami’s digital banking platform.

Automic, the expert in Business Automation software, released Automic Automation for Hyperion Financial Management (HFM). This new integration provides finance and IT teams with unprecedented visibility and control of the entire financial close process, while eliminating 90 percent of normal business processing errors.