ICICI Bank, India’s largest private sector bank, launched a service to enable customers to make electronic payments from their smartphones at physical stores, e-commerce and other deliveries at home, radio taxis, and utility billers, among others.

This service is based on ‘mVisa’, a new mobile payment solution from Visa. ICICI Bank claims to be the first bank globally to launch a mobile app-based ‘mVisa’ solution for consumers and merchants.

-Avnet, Inc.

Rapid Addition, a leading provider of trading technology has entered an agreement to acquire the business, assets and employees of DET Technologies, a provider of low latency hub and monitoring software to support electronic trading. The acquisition will deliver a world leading, real-time platform for buy- and sell-side financial institutions.

Profile Software, an international financial solutions provider, announced today the effectiveness of its strategic approach to the Swiss Financial market with the addition of new clients and users of its product range as well as new partnerships that aim to reach new business opportunities in the country.

Nucleus Software will be participating at Sibos 2015. During the event, which takes place in Singapore from 12th to 15th October the company will present its newly launched next-generation integrated transaction banking product, FinnAxia 2.0.

 Misys, the leading financial software company, has today announced that IDFC Bank, India has selected Misys FusionBanking Trade Services and Misys FusionCapital Kondor to underpin its trade finance and treasury services channels and operations. 

 Nasdaq (Nasdaq:NDAQ) and Boerse Stuttgart have officially announced that Boerse Stuttgart, Germany's leading exchange for retail investors, has gone live on Genium INET.

Sequel Business Solutions, the leading insurance and reinsurance software specialist, today announced that it has entered into a partnership with everis, the multinational consulting firm, to help extend its global reach. As part of the agreement, everis will provide Sequel with local client support, as well as configuration and implementation services, internationally.

Correos, the postal industry leader in Spain, has partnered with Prepaid Financial Services (PFS), a leading European issuer and programme manager of physical and virtual prepaid card products, to launch the contactless Correos Prepago MasterCard® card in Spain. As part of the partnership, PFS provides the complete prepaid solution including BIN sponsorship, programme management, end-to-end technology solution and customer service support.

Leading payment technology and prepaid card provider, Tuxedo Money Solutions, has appointed Leanne Meech as Client Relationship Manager for its clients in the consumer payments sector.

Leanne joins the company with nine years’ experience working within the payments sector.  She previously worked for leading financial provider MBNA as a relationship manager where she worked closely with American Airlines, Etihad and United Airlines, developing her expertise.