Core Insights - BIO-key International, Inc. has entered into a multi-year agreement with Sociedade Interbancária de Moçambique (SIMO) to enhance identity and access security in Mozambique's financial ecosystem [1][3] - The partnership aims to modernize SIMO's identity security infrastructure, aligning with international best practices and supporting the digital transformation of Mozambique's financial sector [3][4] Group 1: Agreement Details - The agreement involves the integration of BIO-key's PortalGuard® IAM platform, PIN:You™ tokenless authentication, and Single Sign-On (SSO) capabilities into SIMO's environment [2] - This collaboration builds on a previous IAM deployment in May 2025 for a major National Bank in Mozambique [1] Group 2: Strategic Importance - SIMO plays a crucial role in Mozambique's banking system by providing interoperability, clearing, and settlement services through the national electronic payments network, SIMOrede [4][6] - As digital banking adoption increases in Mozambique, the need for robust identity security is essential for maintaining trust and regulatory compliance [4] Group 3: Stakeholder Perspectives - Juna Chiloveque, SIMO's CISO, emphasized the importance of identity security for ensuring trust and operational resilience in payment services [5] - Miguel Guerreiro from RunLevel highlighted the commitment to strengthening digital trust across Africa's financial ecosystems through this partnership [5] - Alex Rocha from BIO-key noted that the collaboration marks a significant step in supporting secure digital banking infrastructure in Mozambique [5]

Core Insights - WALLIX has achieved 10 years of sustained growth in the Middle East, with a reported 37% growth in recurring revenue across EMEA (excluding France) in 2025, driven by approximately 40% growth in the Middle East–Africa region [1][3] - The company emphasizes its commitment to digital sovereignty, providing solutions that comply with local data governance and regulatory requirements while promoting an independent European approach to cybersecurity [4][6] Group 1: Company Performance - The Middle East–Africa region is now WALLIX's second-largest geographic area and the leading contributor within EMEA, with growth close to 40% [3] - Significant contracts have been secured in the Middle East, particularly in securing industrial OT environments across utilities, healthcare, and construction sectors [3] Group 2: Local Presence and Strategy - WALLIX has established a strong regional footprint in the Middle East, supported by a local team and over 40 certified partners across Gulf countries [2] - The company employs a "Channel First" strategy, ensuring rapid access to solutions and close customer support [2] Group 3: Digital Sovereignty and Compliance - Digital sovereignty is a strategic imperative for organizations in the UAE and Saudi Arabia, with WALLIX providing solutions that protect critical assets while ensuring compliance with local regulations [4] - WALLIX's solutions are designed to preserve state autonomy and ensure full control over critical systems and sensitive data, adhering to internationally recognized standards such as ISO 27001 [4] Group 4: Product Offering - WALLIX One is a unified platform that supports organizations in securing complex IT and industrial OT environments, providing comprehensive identity and access protection [5][6] - The platform allows for various deployment options, including on-premises, cloud, hybrid, or managed services, tailored to the specific needs of organizations [6]

Futures-options traders work on the floor at the New York Stock Exchange's NYSE American (AMEX) in New York City, U.S., February 23, 2026.Investors lost their sense of security in the business of cybersecurity companies after Anthropic on Friday launched Claude Code Security, which it said can scan code for vulnerabilities and suggest solutions. Shares of CrowdStrike, Palo Alto Networks and Cloudflare slumped, but it was IBM that was hit the worst, plunging nearly 13.2%.European markets also had a day in th ...

IBM shares sank 13.2%, their biggest drop since October 18, 2000. COBOL is a programming language widely used on IBM mainframes across banking, insurance and government systems. "Modernizing a COBOL system once required armies of consultants spending ⁠years mapping ‌workflows. Tools like Claude Code can automate the exploration and analysis phases ⁠that consume most of the effort in COBOL modernization," Anthropic said in a blog post on Monday. "With AI, teams can modernize their COBOL codebase in quarters ...

Among the 11 major sectors of the S&P 500, financials were down the most, while consumer staples enjoyed the largest percentage gain. The healthcare index advanced, with a boost from Eli Lilly after rival Novo Nordisk's obesity drug CagriSema underperformed Eli Lilly's drug Zepbound in a head-to-head trial. Among other movers, Domino's Pizza surged after the fast-food chain's fourth-quarter same-store sales beat Wall Street estimates. PayPal jumped following a Bloomberg report that the payments firm is att ...

CNBC's Jim Cramer offered a blunt takeaway from Monday's selloff: Artificial intelligence concerns have left the stock market incredibly fragile.After the S&P 500 and Nasdaq each shed more than 1%, the "Mad Money" host urged investors to exercise caution because stocks were "just too easy to take down today." The reason for the early-week downturn was a post from Citrini Research over the weekend — arguing the AI boom could hurt the economy and cause unemployment to shoot up to 10% if white-collar jobs were ...

US stock futures ticked higher on Tuesday, attempting to stabilize after Wall Street gauges kicked off the final stretch of February with steep losses led by fears of AI disruption and tariff whiplash. Dow Jones Industrial Average futures (YM=F) rose roughly 0.2%. Contracts on the S&P 500 (ES=F) also climbed 0.2%, while Nasdaq 100 futures (NQ=F) added 0.3%. The cautious rebound follows a sharp sell-off on Monday as investors grappled with renewed concerns that rapid advances in artificial intelligence c ...

US stock futures ticked higher on Tuesday, attempting to stabilize after Wall Street gauges kicked off the final stretch of February with steep losses led by fears of AI disruption and tariff whiplash. Dow Jones Industrial Average futures (YM=F) rose 0.1%. Contracts on the S&P 500 (ES=F) climbed roughly 0.2%, while Nasdaq 100 futures (NQ=F) also added 0.2%. The cautious rebound follows a sharp sell-off on Monday as investors grappled with renewed concerns that rapid advances in artificial intelligence c ...

NEW YORK (AP) — U.S. stocks slumped Monday after President Donald Trump ramped up his newest tariffs, while investors continued to punish companies that could be losers in the artificial-intelligence revolution.READ MORE: Trump increases global tariffs to 15% after Supreme Court decisionThe S&P 500 fell 1% after Trump said on Saturday that he would place temporary 15% tariffs on other countries. That's up from the 10% rate he announced Friday following a Supreme Court ruling that struck down his sweeping "r ...

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