ERICSSON AND HPE PARTNER TO LAUNCH FINTECH CLOUD SERVICES
Leading telecom company Ericsson has announced a new collaboration with Hewlett-Packard Enterprise ( HPE ) to help empower digital transformation in financial services . Per the latest partnership , the Ericsson Wallet Platform will integrate with HPE GreenLake , providing enterprises with cloudbased services , increased agility and scalability .
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NATIONWIDE SECURES DEAL TO ACQUIRE VIRGIN MONEY FOR £ 2.9BN
Leading UK building society Nationwide has reached an agreement to acquire Virgin Money in a major £ 2.9bn ( US $ 3.72bn ) deal . The acquisition will eventually see Virgin Money disappear altogether as Nationwide gradually absorbs the financial arm of Sir Richard Branson ’ s Virgin Group empire .
EU COUNCIL ADOPTS INSTANT PAYMENTS REGULATION
The Council of the European Union has adopted a new regulation that will make instant payments fully available in the euro currency across all EU and EEA countries .
The new regulation has been introduced to improve the strategic autonomy of Europe ’ s economic and financial sectors .
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