Merger activity in the semiconductor industry moved to a new level with the announcement of the agreement for Avago Technologies to acquire Broadcom, according to IHS (NYSE: IHS, the leading global source of critical information and insight. The deal, which is valued at $37 billion in cash and stock, will create a new company valued at $77 billion.

AccessPay, the cloud-based payments and cash management specialist, is pleased to announce the appointment of its new head of product Paul Flynn.

The Innotribe Startup Challenge attendees selected the five finalists from the Asian leg of the Startup Challenge to compete at Sibos Singapore in October.

Pendo Systems has been on a roll this year, winning a number of awards from international financial technology publications, the New Jersey Technology Council, and SWIFT.

“I am delighted, and also a little surprised at all the attention,” said Pamela Pecs Cytron, founder and CEO of Pendo Systems, which is based in Montclair, NJ.

Visa Inc. (NYSE:V) today announced a new program that connects financial institutions and technology companies to simplify and accelerate the roll-out of new payment and commerce services.

KDPW_CCP has cleared the first inter-bank market (OTC) trades denominated in PLN between Citi Handlowy and mBank. Trade on the inter-bank market is processed and guaranteed in the dedicated module, otc_clearing, developed by KDPW_CCP in co-operation with Poland’s biggest banks operating on the inter-bank market.

At Braintree, we’re expanding our open platform to enable the future of mobile commerce.

Fintech may be all the rage, but it is in the mobile arena where the biggest bets are being placed, with over $1.1 billion raised globally across 58 financings in Q1 alone, according to data from CB Insights.