ABN AMRO Clearing will offer clearing services for the EURO STOXX 50® Variance Futures on Eurex. This future on the EURO STOXX 50® Index volatility is the onexchange complement to OTC variance swaps. These innovative contracts replicate the payoff profile of OTC variance swaps. The new contract offers exposure to the difference between implied versus realized volatility. It allows users to expand their equity portfolio hedging strategies. This hedging can now take place in a centralised order book, which gives greater price transparency. 

The eBay Foundation and Village Capital are running a three-month fintech accelerator for startups developing alternative technologies for serving low-income households and individuals.

According to a 2013 FDIC study, more than a quarter of US households are unbanked or underbanked, with limited or no access to traditional financial services.

CNS (Computer Network Systems) a Leading system integrator and solution provider of end to end payments solutions for banks in the Middle East signed a  new Master Value Added Reseller (MVAR) agreement with the US Based CSF International (CSFi) a leading global provider of ATM driving and management, electronic payment and transaction switching software.

Equinix will invest over $40 million to build the third phase of its second data center (HK2) in Hong Kong.

It will also build the ninth phase of its first data center (HK1) – to meet demand from cloud and content and digital media (CDM) companies for data center and interconnection services in Hong Kong.

The credit performance of Russian consumers reached a seven-year low last month, according to data from FICO, the predictive analytics and decision management software company, and the National Bureau of Credit Histories (NBKI), Russia's leading credit bureau. Continuing a three-year slide, the FICO® Credit Health Index fell in April to 94 points, two points lower than January 2015 and 21 points lower than the peak of 115 in January 2012. The index is the lowest since the index began in October 2008.

 Al Rajhi Bank, one of the largest Islamic banks in the world, has selected Diebold's technology to migrate transactions from the traditional teller line to the self-service channel and transform the in-branch banking experience for its customers. In Saudi Arabia, the vast majority of transactions are performed with cash. Approximately 70 percent of all banking transactions are performed inside the bank branch, which leads to long teller queues.

JLT Employee Benefits – one of the UK’s leading providers of employee benefits services – has adopted RiskFirst’s real-time analytics and reporting platform, PFaroe, enabling another 400+ UK pension schemes to benefit from PFaroe’s analytics. JLT Employee Benefits will use it as a tool to add value to its advisory services, allowing it to provide defined benefit (DB) pension scheme clients with up-to-date funding valuations and real-time scenario testing and risk management advice.

Mercer, one of Australia’s largest providers of outsourced superannuation administration services, and a Bravura Solutions Pty Limited (Bravura) client for more than 20 years, has chosen Sonata, Bravura’s unified wealth management platform, to underpin a major transformation program in its benefits administration division.

Latest comparison paper depicts an NFC ‘moment in time’, contrasting Apple Pay, Samsung Pay, HCE, Google Wallet and SIM-based mobile payment deployment options 

As service management organisations face greater demands to improve customer service, increase first-time fix rates and cut costs, many are evaluating evolving machine-to-machine (M2M) technologies to help them meet these challenges.