Initiative significantly reduces certification costs for terminal manufacturers and kernel developers

FIME announces that its test laboratories in France and Taiwan are now eligible to support terminal manufacturers and kernel developers as part of the UnionPay QuickPass sponsorship program. By significantly subsidizing certification costs, the program is working to drive adoption of UnionPay QuickPass.

With just 364 days left to go, the MiFID II go-live date looms large. But with complex regulation spanning several hundred pages of text it is no great surprise that some MiFID II deadlines will come in earlier than 3rd January 2018, while others leave more breathing space. For example, trading venues must submit their waiver applications to their relevant competent authorities by 1st February 2017 for equities and no later than 1st June 2017 for bonds and derivatives.

Malaga Financial Corporation (OTCPink:MLGF), the parent company of Malaga Bank, FSB, today reported that Malaga Bank was recognized as the Business of the Year by the South Bay Association Chambers of Commerce (SBACC). The SBACC represents seventeen chambers of commerce in the South Bay providing the leading advocacy voice for the regional business community.

Ares Capital Corporation announced today that it has completed its previously announced acquisition of American Capital, Ltd. enhancing its leadership position in middle market direct lending in the U.S. Ares Capital continues to be the largest business development company in the U.S. with total assets of $12.3 billion pro forma for the American Capital acquisition as of September 30, 2016.

BGC Partners, Inc.("BGC Partners", "BGC", or "the Company"), a leading global brokerage company servicing the financial and real estate markets, today announced that it has entered into an agreement to acquire Besso Insurance Group Limited ("Besso"), an independent Lloyd's of London insurance broker with a strong reputation across Property, Casualty, Marine, Aviation, Professional and Financial Risks and Reinsurance.

Validate is the leading API based realtime payment beneficiary validation solution for Banks, NBFI's and Corporates. It will validate single and bulk payments and suggest changes and enrichment to make sure  its users achieve near 100% STP, dramatically lower operation costs caused by payment failures and improve client relationships. 

Consider the following statistics:

Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, is launching a leading edge LTE Cat. M1​ wireless module for IoT solutions​. The new Cinterion® LTE Cat. M1 solution takes network efficiency and simplicity to new heights, delivering LTE for Machine-Type-Communication (MTC) and improved power savings that enables battery life of 10+ years, for some use cases.