A new study commissioned by BCSG has revealed that the relationship between retail banks and their small and medium sized business (SMEs) customers is weakening. The research demonstrates that the shift to digital services has increased the risk of switching financial service provider and that banks must move towards a model that drives engagement through business critical insight and services to defend against SME churn.

Mindtree, a leading digital transformation and technology services company, today announced that it has partnered with MetricStream, the market leader in Governance, Risk, and Compliance (GRC), to help simplify regulatory compliance for financial firms. Mindtree will leverage MetricStream’s Zaplet, a cloud-based open platform to build, deploy and manage a variety of GRC applications for financial firms globally.  

N2N Connect, providers of enterprise-wide integrated trading solutions to stock broking firms and banks in Asia-Pacific and Ancoa, providers of contextual surveillance and insightful analytics for exchanges, regulators, buy and sell-side firms, have signed an OEM agreement to offer Ancoa’s full breadth of surveillance capabilities to N2N’s banking and brokerage clients.

Jointly, Ancoa and N2N Connect bring proven market surveillance capabilities and unrivalled market connectivity and information to market participants in Asia Pacific.

SQR Systems, a London based cyber security start-up is launching a new mobile encryption application, CEERUS.

Solera Holdings, Inc. (NYSE: SLH) ("Solera", the "Company", "we", "us" or "our") today announced that it has entered into a definitive merger agreement (the "Merger Agreement") pursuant to which an affiliate of Vista Equity Partners ("Vista") will acquire Solera in a transaction valued at approximately $6.5 billion (the "Merger"), including the existing net debt of Solera. Other key investors include an affiliate of Koch Equity Development LLC ("Koch Equity Development"), the investment and acquisition subsidiary of Koch Industries, Inc., and an affiliate of Goldman, Sachs & Co. 

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, announced today the launch of its industry leading market data services inside Singapore Exchange’s co-location data centre.  This will help provide local financial firms with access to high-performance, high-quality content while lowering their total cost of ownership.

More than 20,000 companies are now using the compliance services in Thomson ReutersEikon Messenger, an indication of growing awareness across the financial and professional services industries of the need for secure and compliant instant messaging communications.

Cashfac Technologies, the market leader in Bank-to-Corporate Cash Management solutions, today announced that LV=, a leading provider of Insurance, Savings, Investments & Retirement plans, has gone live with Cashfac’s cash management solution for trustees administering Self Invested Personal Pensions (SIPP).

From today Lloyds Banking Group will offer its Lloyds Bank, Halifax and Bank of Scotland customers access to Apple Pay, which is transforming mobile payments with an easy, secure and private way to pay.

As Britain’s largest current account provider with three iconic brands on the high street reaching millions of customers, the launch today indicates another milestone in the adoption of new payment technologies.