Samsung Electronics America, Inc. announced today that Samsung Pay users will have the chance to be treated to an exclusive, special performance and private New Year’s Eve party featuring the platinum-selling recording artist, Usher, in Los Angeles. As part of the promotion, Samsung Pay also launched a nationwide shopping experience at nearly 50 malls where customers can try out and activate the most accepted mobile payment system for a chance to win tickets to the special performance and more.

Khartoum, Sudan: Omdurman National Bank (ONB), the multiple awards wining and the first bank in Sudan to introduce distinguished and modern banking technologies, has gone live with the awards winning solution ICS BANKS® ISLAMIC from ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions.  

UBS has announced the winners of The UBS Future of Finance Challenge at the Global Final held in Zurich, Switzerland

Watson Wheatley Financial Systems (WWFS), specialists in securities reconciliation, can announce the signing of three new clients in Q4 2015. The deals involve use of the automated i-Recs reconciliation and data aggregation platform across a broad range of instruments and business types. These signings complete a strong year for WWFS with increased revenue, a larger client base and further investment in the i-Recs solution. WWFS expect to continue this performance into 2016 with a strong sales pipeline and further business expansion.

Financial IT speaks to Nop Horn, Manager of Settlements, Maruhan Japan Bank at Sibos 2015

Financial IT speaks to Nick Noble, Product Manager, SmartStream at Sibos 2015

Experian has today announced a new partnership with Nationwide Building Society, the world’s largest building society.

The three year partnership will focus on supporting Nationwide’s risk management activities in the modelling of credit risk, capital adequacy and provisioning. 

This will include helping them deliver tailored credit decisions for good outcomes that are right for the specific circumstances of each customer.

Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., a $24 billion regional bank, announced today that Webster Bank will open 14 banking centers in mid-January in the greater Boston area.

Courion, a leading intelligent Identity Governance and Administration (IGA) solutions provider, announced today the acquisition of Core Security, a leader in the vulnerability management and attack intelligence space.

The world changes every day, and some of us feel it changes faster every day. This is evidenced by the rapid cycle change in Fintech where last year's hardly mentioned thing has become this year's hot thing. Blockchain is the case in point. However, as pointed out at Fintech Connect this week, most of this start-up furore is just diddly-squat when compared with the massive size of the incumbent financial industry.