Bank guarantees are a vital feature of many sectors of business, but are costly to manage and all too easily mislaid or found to be riddled with inaccuracies that render them invalid.

Why is that? To a large extent it is because paper still predominates, making it difficult for businesses to stay on top of the guarantees relating to all their projects.

In commercial property, guarantees are often a basic requirement in leases, where they give landlords security against potential loss from tenant defaults.

NYMBUS, the world's first complete, full-stack, API-driven core processing platform, announced today the acquisition of Sharp BancSystems, Inc. (SBS), a Texas-based software provider founded in 1987.

Vonage reports that Dave Pearson, CFO, has received the prestigious CFO Innovator Award from CFO Studio.

Charles River, a front and middle office investment management solution provider, today announced that Exoé S.A. (Exoé) an outsourced trading and execution specialist in Paris, has selected the Charles River Investment Management Solution (Charles River IMS) delivered as Software as a Service (SaaS). Exoé users will have a single, cross-asset order and execution management (OEMS) platform that can support the firm’s increased trade volumes and number of accounts.

Equinix, Inc., the global interconnection and data center company will provide private access to Microsoft Azure ExpressRoute via its Equinix Cloud ExchangeTM in the company's Toronto (TR2) International Business ExchangeTM (IBX^®) data center.  Through this partnership, Canadian-based companies gain private access to both Azure and Office 365 while

Mizuho Financial Group and IBM reported a test of the potential of blockchain for use in settlements with virtual currency.  By incorporating blockchain technology into settlements with virtual currency, Mizuho will explore how payments can be instantaneously swapped, potentially leading to new financial services based on this rapidly evolving technology. The pilot project uses the open source code IBM contributed to the Hyperledger Project.

Walmart knows customers want to save not just money, but also time. That’s why Walmart introduced Walmart Pay – a safe, easy, convenient way for customers to pay with their smartphones in Walmart stores.

Thoma Bravo, LLC, a leading private equity investment firm, today announced it has completed the acquisition of Bomgar, a leader in secure access solutions, from TA Associates. Financial details were not disclosed.

Discover is introducing a new option for merchants to streamline the checkout process for all chip cards leveraging Discover, Diners Club International and PULSE Networks. Discover Quick Chip will reduce the time a chip card needs to remain in the point-of-sale terminal, making the checkout process more convenient for merchants and cardholders. Discover Quick Chip provides merchants and acquirers with an additional option when processing chip card payments.