Santander Consumer USA appoints Richard Morrinhas as Chief Operating Officer.  

Mr. Morrin has a decades-long career in the financial services sector and is a tenured member of the SC management team. He previously held the role of Executive Vice President of New Business at SC, a position he held since 2011. Prior to joining SC, Mr. Morrin held a variety of management positions in 21 years of combined service at Ally Financial and General Motors Acceptance Corp.

The Japanese exchange trading markets are following in the footsteps of the Australain Securities Exchange and Nasdaq, which last week advanced plans to test the use of blockchain technology for post-trade settlement and proxy voting respectively.

In a statement, JPX says it will conduct PoC test in cooperation with IBM Japan to "evaluate the limits and possibilities of the technology in markets that have low transaction data volume".

Tokenisation replaces the traditional 16-digit Visa account number with a unique series of numbers, helping to prevent exposure of sensitive consumer account information in online and mobile payments.

Trumpeted by Visa as a key new tool in the fight against fraud, it arrived in Europe a year ago, having already been introduced in the States for the launch of Apple Pay.

Bravura Solutions Pty Limited (Bravura) today announced that it has appointed Peter Mann as an independent, non-executive director.

Today, ITRS, a global real-time monitoring and analytics provider, has announced plans to integrate its market-leading Geneos technology with eBroker Systems’ trade and risk management platform to provide a series of crucial performance metrics.

Established in Hong Kong in 2000, eBroker Systems are a major player in the Greater China region and boast a vast buy-side and sell-side client base, all of which require reliable electronic order communications to execute orders.

With the partnership established, eBroker’s clients will have visibility across the following areas:

Strate is pleased to announce that as of Monday 15 February 2016, its new system for the settlement of money markets securities is fully operational. The new system, which utilises the Market Infrastructure solution from the TCS BaNCS product suite by Tata Consultancy Services (TCS), was selected for being a world-class CSD solution for the electronic settlement of securities.

Amadeus to release digital wallet to target market for €332 billion of B2B travel agency payments.

Cyber insurance is a topic that typically flies under the radar when discussing the economics of cyber attacks. However, with the new year well under way, many believe that 2016 will see it take the spotlight. With high profile cyber attacks exponentially increasing over the past year, cyber insurance premiums have skyrocketed. Insurers are significantly increasing premiums for certain companies, leaving “high risk” organisations scrambling for cover.

Profile Software, an international financial solutions provider, today announced its sponsorship of the inaugural Middle East Wealth Management Forum organized by Hubbis, taking place on the 16^th of February at the Ritz Carlton, DIFC in Dubai, UAE. Profile’s executives will demonstrate the client centric and innovative platforms that address the Wealth Management industry requirements.

As Apple and the other handset giants turn their attention to financial services through the launch of their various ‘Pay’ solutions, will banks face a similar fate to that of the music industry, which Apple revolutionized with the iPod and iTunes? Are their business models under the same threat that labels and music distributors faced in years gone by?