Last week, SEC Chairman Jay Clayton said he asked the staff to develop a plan for creating a Fixed Income Market Structure Committee to advise the SEC on regulatory issues in the fixed-income markets.

Clayton said the fixed income committee would be modeled after the Equity Market Structure Committee (EMSAC), and would be comprised of a diverse group of outside experts.

Synechron Inc., the global financial services consulting and technology services provider, has today announced that nearly 60 financial institutions are set to implement Artificial Intelligence (AI) technology following the launch of Synechron’s AI accelerators in March - with interest spanning across four continents, new figures show today.

It was 27^th July 1977 when in Milan the Bank of Italy, ABI (Italian Banking Association) and the major Italian banks established SIA - shareholding capital 300 million Italian liras - with the aim of computerizing the domestic payment system also through the creation of the Rete Nazionale Interbancaria (RNI - National Interbank Network).

International network service provider, RETN, announces today that they have carried out a massive upgrade of their point-of presence (PoP) at EvoSwitch AMS1 - which doubles RETN’s networking capacity at EvoSwitch’s data center in the Amsterdam area.

The network upgrade has transformed RETN’s PoP at EvoSwitch AMS1 into a ‘Super PoP’, expanding EvoSwitch’s already network-dense connectivity options in Amsterdam significantly. 

FSS, a Payments & Fintech leader has successfully completed its PCI audit and received the certification of compliance for the Payment Card Industry Data Security Standard Version 3.2 (PCI DSS V 3.2). 

FSS is among the few third-party payment processors globally to receive the PCI DSS V3.2 certification for FSSNeT, its hosted payment services environment. The certification underscores FSS’ ability to provide a secure payment services environment, compliant with the most rigorous and up-to-date global standards. 

The German financial supervisor BaFin gave its unconditional approval to the acquisition of Concardis GmbH by Advent International and Bain Capital Private Equity. The transaction had previously been cleared by the European competition authority; so the takeover is now completed. The new owners are internationally experienced investors in the financial service sector and now intend to build an international payment platform.

Cennox, the global supplier of Banking Solutions, has completed the successful acquisition of 3SI Security System’s European Division. The deal, which was signed on the 25th July 2017, will enable Cennox to further support their European clients. This acquisition follows almost two years of their hugely successful exclusive 3SI Distributor agreement, covering the UK & Ireland, that started in October 2015.

SecuredTouch behavioral biometrics-based HUMANOBOT seamlessly detects non-human behavior generated by bots, malware, and automated scripts and stops fraud-focused emulators within mobile applications.

 Finastra today announced a new milestone in its Platform as a Service (PaaS) vision, with several early adopters now developing and running apps on FusionFabric.cloud. Fintechs, consultants, banks and academics are using the open technology platform to create and deploy innovative apps which could also be commercialized via the FusionStore portal, currently in development.