Corvil today announced the launch of a new solution that establishes a system of traceability to Coordinated Universal Time (UTC), a critical capability for monitoring, analysing and reliably reporting activity on electronic trading networks. This is now a mandatory requirement for businesses to comply with pending financial regulations such as MiFID II from the European Securities and Markets Authority (ESMA) and the Consolidated Audit Trail (CAT) from the US Securities and Exchange Commission (SEC).

Synopsys, Inc. (Nasdaq: SNPS) and Black Duck Software have signed a definitive agreement for Synopsys to acquire privately held Black Duck, a leader in automated solutions for securing and managing open source software. The addition of Black Duck’s highly respected Software Composition Analysis solution will enhance Synopsys’ efforts in the software security market by broadening its product offering and expanding its customer reach.

Since July of 2014, Bitwage has been processing payrolls for the digital currency ecosystem. Bitwage had over 3 years of reliable payroll delivery services. Bitwage's goal is to provide workers around the world with an easy to use direct deposit for any client that pays them. As such, Bitwage announces the launch of 18 new source currencies for invoicing and team wages:

Naseba’s FinTech Summit, held in association with Dubai Financial Services Authority (DFSA), successfully concluded with more than 200 Banking Financial services and Insurance (BFSI) enterprise decision makers from across the region meeting to discuss and evaluate the latest developments in FinTech.

The Reality of the New FinCEN CDD Rule

The FinCEN Final Rule on Customer Due Diligence (CDD) is designed to improve global corporate transparency in the wake of recent scandals. This new rule will have a significant impact on the requirements of financial institutions and the way in which they enforce risk-based procedures.

Technical body EMVCo has publicly released EMV® Secure Remote Commerce (SRC) – Technical Framework version 1.0. The framework describes the roles, high level processes and data descriptions that enable card data to be protected and exchanged in a consistent and secure manner within the remote commerce environment.  The technical framework will be followed by the publication of a detailed specification that defines the protocol and core functions.

Squirro, an AI-driven advanced context intelligence and data insights solution provider, today announced the launch of Squirro Search™ on the Salesforce AppExchange, empowering businesses to connect with their customers, partners and employees in entirely new ways.

SimCorp, a leading provider of investment management solutions and services to the global financial services industry, announced today that The Bank of Thailand, Thailand’s central bank, has selected SimCorp Dimension as its new investment management platform to support the reserve management and monetary policy operations of its USD 226 billion reserves.

JWG, the trusted industry experts in regulatory change management, and ClauseMatch, a leading global provider of document collaboration for financial institutions, legal firms and other large enterprises, today announced the launch of their combined next-generation policy management service. The solution reduces financial institutions regulatory gap analysis by 85% by linking regulatory obligations to internal policies in a cost-effective, automated and auditable fashion.