Ping Identity, the leader in Identity Defined Security, today announced that it has been acquired by Vista Equity Partners (“Vista”), a leading private equity firm focused on software, data and technology-enabled businesses. The acquisition will allow Ping Identity to accelerate growth and innovation through strategic acquisitions and focused investment in its leading enterprise Identity-as-a-Service (IDaaS) capabilities, which places identity at the core of enterprise security.

Hitachi Hyper Scale-Out Platform is the software-defined solution that drives compute and data-intensive operations for more efficient work of Hadoop and analytics workloads. The platform allows deployment of multiple workloads through virtualization management integration for flexible analytics. 

Chartis, the provider of research on the global market for risk technology, has published a new report that for the first time quantifies in dollar terms the risk associated with End User Computing (EUC) errors. The report estimates that the EUC Value at Risk (VaR) for the 50 largest Financial Institutions is over $12 billion dollars.

 IBM expanded its portfolio of software-defined infrastructure solutions with cognitive features to help clients improve the management of computing resources to achieve faster, results from data-driven applications and analytics.

Cisco and IBM report a global collaboration to provide instant Internet of Things (IoT) insight at the edge of the network.

Visa Inc., the exclusive payment provider at the Olympic and Paralympic Games, today introduced a new innovation for use at the Rio 2016 Games – the first payment wearable ring backed by a Visa account. The Visa payment ring will be given to all Team Visa athletes in Rio, a group of 45 Olympic hopefuls from around the world who embody Visa’s values of acceptance, partnership and innovation. The Visa payment ring is NFC-enabled, allowing Team Visa athletes to make purchases by simply tapping their ring at any NFC-capable payment terminal.

From small family run businesses to large multi-national conglomerates, commerce resides in an increasingly global marketplace. Research reveals that by 2020 some 40.6 per cent of all British e-commerce revenue will come from sales outside of its borders. Europe itself is expected to account for £16.7 billion of all e-commerce revenue for British businesses by the end of the decade.

OT (Oberthur Technologies), a leading global provider of embedded security software products and services, and an award-winning innovator in the payment sector, announced today its selection by Abanca to onboard Samsung Pay in Europe and enable its customers in Spain to use their Samsung Galaxy S7, S7 edge, S6, S6 edge, S6 edge+ and the 2016 model of Galaxy A5 smartphones for mobile payments by this year.

OT is now on-boarding Abanca to Samsung Pay and provides the end-to-end solution for its roll-out including:

ACI Worldwide, a leading global provider of real-time electronic payment solutions, will unveil the next generation of eCommerce payments today at the eCommerce Disruption Opportunity executive summit. UP eCommerce Payments empowers merchants and the payment service providers (PSPs) that serve them to capitalise on the $2.2 trillion global eCommerce opportunity by embracing payments innovation.