FIS (NYSE: FIS) today announced the closing of its acquisition of global payments leader Worldpay, Inc., creating a global leader in technology and solutions for merchants, banks and capital markets.

The combined company will have over $12 billion in pro forma revenue and more than 55,000 employees.  With a best-in-class portfolio of solutions for payments, banking and capital markets, FIS is positioned to accelerate its growth and advance the way the world pays, banks and invests.

Novidea, the digital data-driven insurance brokers & distribution platform, is pleased to announce that it has partnered with Instech London, an organisation that links start-ups, investors and insurers to promote innovation and technology adoption in the insurance sector.

Tribe Payments, a team of industry experts dedicated to delivering the future of payments, has published a study on the effect of disposable technology on payments. The paper looks at the common use of modular technology by fintechs, and how legacy players without it are struggling to keep pace.

Deutsche Börse’s post-trade services provider Clearstream completed the acquisition of Ausmaq Limited from National Australia Bank (NAB), following receipt of approval from the Luxembourgish regulatory authorities.

With the addition of the Sydney-based managed funds custodian Ausmaq, Clearstream is entering the domestic Australian funds market. The future set-up of Ausmaq within Clearstream’s Investment Fund Services business will be designed to directly serve Australian customers within the same region and time zone

Pure Storage (NYSE: PSTG), the data solutions leader that helps innovators

Expert System announces that it has been working with Swiss Re leveraging the advanced features of Cogito®, a strategic NLU (Natural Language Understanding) technology. With Expert System's AI-driven approach, which focuses on deep knowledge understanding and data accuracy, Swiss Re will empower its digital and analytics strategy throughout the entire value chain. With an AI-driven approach that targets deep knowledge understanding and data accuracy, Swiss Re has been achieving greater efficiency by automating tasks such as assessing risk reports or evaluating claims evaluation.

“This breach highlights a few important realities for cybersecurity in 2019. First, perimeter-based security measures will not prevent 100% of attacks, 100% of the time. Without visibility into what’s occurring on an enterprise, a business may be completely blind to attacks like this, especially when you consider that Paige Thompson once worked at Amazon as an engineer for the same server business that supported Capital One. Modern threats comes can come from all domains, including former employees, partners or contractors.

Amphora, a market leader in oil commodity trading and risk management (CTRM), is delighted to become an interface partner with VAKT.

Chris Mudry, CEO at Amphora says: “VAKT offers the energy industry a genuine opportunity to streamline post trade processes. Such efficiency gains are long overdue in a market with increasingly tighter margins. With VAKT, we can see an industry standard quickly advancing downstream from BFOET, especially into the barging markets.” 

TurkishBank UK, an in-branch and internet banking provider for retail and business customers, has partnered with Token.io Limited to provide third parties regulated, PSD2 compliant access to its UK retail and business customer accounts.

Thieves have been stealing money from banks since the 18th century. And while today’s thieves use cyber attacks to steal money from financial institutions, a new report from cyber security provider F-Secure shows that the range of threats facing organizations working directly and indirectly with the global finance sector go far beyond traditional theft.