Bloomberg has been granted regulatory authorisation to launch a multilateral trading facility (MTF) in Europe for the trading of OTC derivatives products.

Market participants will be able to execute interest rate swaps (IRS) and credit default swaps (CDS) on Bloomberg Trading Facility, using both request for quote and order book functionalities.

Bloomberg operates a similar platform in the US through its swap execution facility, which also enables the execution of IRS and CDS products, as mandated by rules under the Dodd-Frank act.

 Alliance Data Systems Corporation (NYSE: ADS), a leading global provider of data-driven marketing and loyalty solutions, today announced its Columbus, Ohio-based 

 MasterCard and Samsung Electronics Co., Ltd today announced they are extending their global partnership leveraging the MasterCard Digital Enablement Service (MDES) to deliver Samsung Pay in Europe.

Subway has unveiled new updates to its mobile app and website that will include more mobile payment options, as well as the capability to order on-the-go.

Mexico's central bank is expected to hold borrowing costs steady on Thursday but signal that it is ready to follow the U.S. Federal Reserve with an interest rate hike to prop up a slumping peso.

All 24 analysts polled by Reuters expect Banco de Mexico to hold its key rate at 3.0 percent on July 30, thanks to tame inflation and despite a dramatic tumble in the peso to a new record low this month.

But fears of further peso volatility and investor outflows mean analysts are now forecasting a 25 basis point hike on Sept. 21 if the Fed hikes at its meeting earlier that month.

Comments on "UK and Singapore agree to increase cooperation in cyber security" - http://www.financialit.net/content/singapore-uk-agree-increase-cooperati...

Secure Trading has announced a partnership with enterprise-level digital currency exchange BlockEx as a turnkey payments solution.

Singapore and the United Kingdom on Wednesday (Jul 29) signed a Memorandum of Understanding (MoU) to increase cooperation in cyber security.

The UK-SG Cyber Security Cooperation MoU was signed between the UK Cabinet Office and Singapore's Cyber Security Agency, and witnessed by Singapore Prime Minister Lee Hsien Loong and UK Prime Minister David Cameron.

The agreement covers cooperation in four broad areas, including cyber security incident response and cyber security talent development.

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today urged legislative and industry action to address three key obstacles that are hindering achievement of the G20 transparency goals set forth by policymakers in the aftermath of the 2008 financial crisis.