Microsoft Corp. (Nasdaq: MSFT) and LinkedIn Corporation (NYSE: LNKD) on Monday announced they have entered into a definitive agreement under which Microsoft will acquire LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash. LinkedIn will retain its distinct brand, culture and independence. Jeff Weiner will remain CEO of LinkedIn, reporting to Satya Nadella, CEO of Microsoft. Reid Hoffman, chairman of the board, co-founder and controlling shareholder of LinkedIn, and Weiner both fully support this transaction.

Nomura Research Institute, Ltd. (NRI), a leading provider of consulting services and system solutions, today announced the launch of VOLCS, an ASP (Application Service Provider) multipurpose management system for financial institutions. VOLCS provides two functions such as due day management for structured bonds and OTC derivatives as well as cash management, and the former is usually not available in an existing enterprise system. Each function can be used independently and thus can be used by non-financial firms depending on their purposes.

Enabled by an interoperable tokenisation platform, Apple Pay, Samsung Pay and Android Pay are expanding their participation in mobile payments. Samsung recently announced that it will launch Samsung Pay in Singapore on June 16^th in collaboration with OCBC, DBS, POSB, Standard Chartered and Citibank.

 Infotecs a leading international security software and solutions provider announced today that it has selected Deep Packet Inspection (DPI) technology from Rohde & Schwarz to embed in the Infotecs Cyber Security Platform as part of its Next Generation Firewall.

The burst of technological innovations has created a variety of opportunities for the financial institutions to win new customers alongside managing the challenges of regulation and complex business processes. Although many banks fit into the new digital realities there are a number of technological issues that financial institutions still need to address. Especially it concerns the traditional banks that have built the long standing clientele but often lack the technological potential and agility to reach out for new digital generation of customers.

Deutsche WertpapierService Bank AG, the leading securities settlement service provider for Germany’s financial market, has chosen Aquarius provided by TAS Group as its liquidity management system after a 12 months global selection procedure.
 
dwpbank and TAS Group cooperate in order to reach three main objectives with this project:
 

Following the news that millions of Twitter passwords have been leaked on the dark web, John Marsden, Head of ID and Fraud at Equifax, explains the dangers the population face as technology continues to evolve at an alarming rate:

Taiwan Business Bank’s Wuhan, China, branch has selected Wolters Kluwer’s OneSumX Regulatory Reporting solution for its increased regulatory reporting requirements.

With the need for enhanced regulatory reporting to the China Banking Regulatory Commission (CBRC),Taiwan Business Bank decided to opt for a scalable solution that enables it to meet the new standards.

PwC today announced it is launching a Long Finance research project into the potential of blockchain tech