Finantix today announced that it has signed an agreement with Motive Partners, a global private equity firm focused on growth investments in financial technology companies.

Motive Partners will become a majority shareholder in Finantix and will support the company and the founders in extending the functional footprint of the product and in accelerating geographic expansion.

The Finnish Minister of Defence Jussi Niinistö has authorized the Finnish Defence Forces Logistics Command to enter into an Agreement with Bittium Wireless Ltd on the purchase of Bittium Tough SDR™ handheld and vehicle radios, and their related accessories. The value of the Purchase Agreement currently under negotiations is at the maximum approximately EUR 13 million (incl. VAT). The new software-defined-radio based tactical radios will be used at the first phase by the Army and the delivery will be completed at the latest by the end of the year 2020.

Kakao's global public blockchain platform 'Klaytn' has announced its partnership with blockchain projects developed by large user pool-based service providers, most notably 'Watcha' and 'Atlas.'

Sberbank announces its entrance on the POS lending market with a new product, Purchase on Credit. 

It is difficult to believe that such an outdated and unsecure system is still being used by the NHS when we consider the confidentiality of the information contained within patient records. According to the BBC, as many as 9,000 fax machines were still in use as of July 2018, which should set alarm bells ringing about the scale of this issue.

IronX is happy to welcome on its Advisory Board Dr Paolo Tasca, Executive Director of the Centre for Blockchain Technologies, and Tal Cohen, ex-CEO of Sirin Labs, which raised $157.8 million via its ICO. Both appointments coincide with IronX's recent IRX token sale extension, which is now running until January 15, 2019.

Bahrain Credit, a leading financial company in Bahrain and part of Bahrain Commercial Facilities Company has entered into a multi-year contract with Clayfin and Computer World to transform their retail digital banking business.

The Accounting and Auditing Organization for Islamic Financial Institutions (“AAOIFI”) and Path Solutions signed an agreement for the renewal of certification for Path Solutions’ iMAL Islamic core banking platform to comply with AAOIFI’s relevant standards.