Following intensive preparations, Commerzbank’s Mittelstandsbank has successfully processed the first two live transactions supported by a Bank Payment Obligation (BPO), one for a German SME and one for an international group based in Belgium.

Payment credential management specialist, Bell ID, has launched its Tokenization Manager software. The solution will be used by card issuers and merchants to enhance security and limit fraud by facilitating tokenized payments.

AIM Software, the leading independent provider of data management products to the financial industry, announced that it has strengthened its presence in North America and opened an additional office in New York based on three strategic hires.

The FIDO (Fast IDentity Online) Alliance , a global industry consortium delivering open standards for simpler, stronger authentication, has announced that Google is the latest member organization to deploy support for FIDO Alliance authentication standards.

Cloudera, the leader in enterprise analytic data management powered by Apache Hadoop™,  has announced that its Cloudera Enterprise platform is fully certified as compliant with Payment Card Industry (PCI) Data Security Standards, with its first instance of this newly certified platform being used with MasterCard.

Singaporean venture capital firm Infocomm Investments celebrates its launch in London, extending its US$200 million fund to European tech startups.

Backbase, the omni-channel digital banking specialist, announced that their client, PostFinance, has successfully launched their new online banking platform based on Backbase technology. PostFinance is one of the largest banks in Switzerland and is recognized as the most innovative and dedicated to providing a superior customer experience.

British businesses have paid out more than £878,000 over the last three years due to hackers successfully accessing cardholder data according to figures from Worldpay, the UK’s leader in payment processing.

 Small businesses are the worst hit. Of those companies whose customer card data was hacked in 2013, 61% were small companies. Businesses in the electrical, hardware, and automotive industries have had more card data security breaches than any other, followed by pharmaceuticals, cosmetics, and clothing retailers.

Xignite, Inc., the premier market data cloud services provider, has announced that Fairmat SRL, of Verona, Italy, is powering its web-based financial risk service with Xignite market data. The web-based service provides on-demand, pay-as you-go analytics for users lacking financial modeling skills, as well as those requiring infrequent risk and pricing analysis.

Viewpointe^®, a leading managed service and payments provider to regulated industries, has announced that three executives will be featured speakers during the 59^th Annual ARMA International Conference, to be held October 26-28, 2014, in San Diego, California, at the San Diego Convention Center.