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GDS and AliCloud Announced Strategic Partnership to Boost Cloud Services in China

 GDS, China's largest 3rd-party high-level data center service provider and AliCloud, Alibaba Group's cloud computing business unit today announced the formation of a strategic partnership to promote the development of enterprise-level hybrid cloud services in China.

The partnership will combine GDS's extensive high performance data center infrastructure and CloudMiX™ service platform and AliCloud's leading cloud computing technology to provide unique one-stop management solutions in the areas of cloud operation, maintenance and procurement services.

Thursday, December 24, 2015 - 07:54
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Objectway Platform Remains its Domination in Wealth Management Technology Trends

 Objectway, a leading provider of software and services to the EMEA investment management industry, showed how its software platform is leading the industry in innovation by highlighting new wealth management industry research during its International Customer Conference in London, on December 2nd.

Thursday, December 24, 2015 - 07:45
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SIA and INFORM Team up to Fight Frauds on Digital Payments

INFORM’s innovative RiskShield solution has been integrated inside SIA’ s infrastructure to securely safeguard acquiring banks and financial clients across Europe by leveraging on real - time fraud preventio

Tuesday, December 22, 2015 - 12:34
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Ingram Micro Announces Acquisition of Grupo ACAO

Ingram Micro Inc. (NYSE: IM) today announced that it has entered into a definitive agreement under which, subject to closing conditions, Ingram Micro will acquire Sao Paulo, Brazil-based Grupo AÇÃO (AÇÃO), one of Latin America's leading providers of critical value-add IT solutions.  In addition to a portfolio of higher value products, including those from strategic vendors such as IBM, Oracle, Red

Tuesday, December 22, 2015 - 12:09
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Fairfax Announced Acquisition of Eurolife's 80% Interest

Fairfax Financial Holdings Limited announced that it has entered into an agreement with Eurobank to acquire an 80% interest in Eurolife ERB Insurance Group Holdings S.A. ("Eurolife") for a purchase price of EUR316 million. The transaction is subject to customary closing conditions, including various regulatory approvals, and is expected to close by the end of the third quarter of 2016.

Tuesday, December 22, 2015 - 11:31
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IFC and LAPO Microfinance Bank to Expand in Nigeria

 IFC, a member of the World Bank Group, signed an agreement to work with LAPO Microfinance Bank Ltd to pilot and roll out agent banking that will increase access to financial services for low-income customers, small-scale entrepreneurs and rural communities.

IFC is also providing a 2 billion Naira (approx. $10 million) loan to support LAPO MfB's lending to micro-entrepreneurs. This is the largest investment IFC has made in a microfinance institution in Sub-Saharan Africa.

Tuesday, December 22, 2015 - 11:16
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CGI
Tuesday, December 22, 2015 - 07:31
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Financial IT
Ooredoo Announced Partnership with GoSwiff to Enhance its International mPOS

Ooredoo Group today announced that it has selected GoSwiff, a global mobile payments and marketing solutions provider, as its partner for the implementation of its international mPOS (mobile point of sale) platform.

The partnership will cover nine markets including Algeria, Indonesia, Iraq, Kuwait, Myanmar, Maldives, Oman, Qatar and Tunisia. It will include recruiting merchants to the platform, from large corporates to micro-merchants.

Tuesday, December 22, 2015 - 07:28
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Credibly Announced Partnership with JetPay

Credibly, a tech and data-inspired lending platform that makes access to capital for small businesses simple and intuitive, announced today a partnership with JetPay Payment Services, a division of JetPay Corporation (NASDAQ:JTPY), a leading provider of debit and credit card processing services. The partnership gives JetPay’s distribution network streamlined access to Credibly’s lending platform, providing more capital for their U.S.-based small business clients.

Tuesday, December 22, 2015 - 07:15
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Neptune Announced Expanding its Business

Neptune, the open standards network utility for pre-trade indications in bond markets, today confirmed that it is continuing to expand its business to the wider community.

The utility had an initial launch in August, with a limited set of buy-side and sell-side sponsors using the network.  Neptune has already seen strong growth in the amount of quality data flowing through the network enhancing pre-trade transparency for those market participants already signed up.

Monday, December 21, 2015 - 14:22
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