Micro Focus (LSE: MCRO; NYSE: MFGP) today announced Digital Safe 10 to enable customers to mitigate information-borne risk stemming from the surge in regulatory, government and privacy mandates, including the General Data Protection Regulation (GDPR).

Path Solutions, the global provider of software solutions and services for Islamic banks and financial institutions, announces that Alrajih Islamic Bank for Investment and Financing (“Alrajih Islamic Bank”) has selected the multi-award winning Islamic core banking system iMAL ahead of ICS Financial Systems’ ICS BANKS ISLAMIC, to engage in banking activities in accordance with the provisions of Islamic law.

Nordea has joined the we.trade consortium as founding partner. The consortium is, in conjunction with IBM, developing a platform based on distributed ledger technology (DLT) that aims at making domestic and cross-border commerce easier, safer and more efficient for companies. It is the first such blockchain-based trade finance platform, marking a milestone in the practical adoption of DLT in the financial industry. 

Thomson Reuters is partnering with the Hong Kong Applied Science and Technology Research Institute (ASTRI) to help accelerate the development of FinTech innovation by bringing technology, tools and content to the Innovation Hub launched jointly by ASTRI and the Hong Kong Monetary Authority (HKMA).

Alpha Bank’s digital wallet for everyday purchases, my Alpha wallet, is now enhanced with Tap ‘n Pay, the new and innovative service for contactless payments through mobile phone. 

With worldwide financial institutions finally beginning to recover from Brexit, and derivatives markets still adjusting to the rollout of MiFID I, the next communication crisis for this turbulent industry is already looming.

• Expands Williams Scotsman's position as a specialty rental services market leader providing innovative modular space and portable storage solutions across North America
• Williams Scotsman will have nearly 100,000 modular space and portable storage units serving approximately 35,000 customers from over 100 locations across the United States, Canada and Mexico 

The rise of regtech
"2018 is set to be a bumper year in terms of regulations. MiFID II comes into force in January, while GDPR is set to shake up the way all companies store and use customer data from May. Compliance with these new regulations is essential for asset managers but it’s a costly and complex business. Fortunately, the growth of ‘regtech’ startups - which specialise in providing compliant technology solutions for finserv companies - will take much of the pain away."

More than 55 speakers from 30 countries, more than 3000 participants, 6 sections, 12 hours of speeches and continuous networking. At Cryptospace, the largest blockchain and crypto event of the year, the world’s blockchain celebrities discussed crypto trading instruments, blockchain implementation into business, predicted the price of the bitcoin and chose the best ICO project.  Ted Lin comments: “A dynamic crowd, a spectacular venue, and a professionally run event. What a way to meet with the crypto community of Russia”.

Murex, an industry leader in trading, risk management and processing solutions for capital markets, announced they will run their MX.3 technology platform on Amazon Web Services, Inc. (AWS).

With the acceleration of cloud adoption in capital markets, Murex and AWS agreed to collaborate to help clients migrate their Murex application workloads to the AWS Cloud. Murex clients are looking to consolidate more and more of their capital markets activity on the MX.3 platform and this means their need for infrastructure is increasing.