Yolt, the award-winning smart money app, has today announced that it is heading into a beta period, testing a new evolution of its app focused on smart spending and savings growth, in recognition of the shift in financial priorities brought on by the Covid-19 pandemic.

Colt Technology Services has announced its enhanced universal customer premises equipment (uCPE) solution, which brings the benefits of Network Function Virtualisation (NFV) to enterprises.

This expanded functionality provides a network operating system and hosting environment for Virtual Network Functions (VNFs), such as SD WAN and firewalls, all running on standard off-the-shelf servers, with both provider managed and customer managed NFV applications being run on this platform. 

In response to growing market demand for its solutions, Finzly, a fintech provider of modern banking applications for foreign exchange, trade finance, payments and digital banking, is quickly expanding its customer success team to support increased execution and planning. Finzly is pleased to announce the addition of Dharmesh Patel as its new vice president of Customer Success.

With 50% month-to-month growth in trading volumes, FX is on a roll - but what will happen when we’re back to normal?
 

The coronavirus pandemic threw the world into a tailspin. More than six months after COVID-19 came into our lives, the international community is still dealing with substantial uncertainty. Hundreds of millions have lost their income, and the future remains undecided for people and businesses around the world.
 

BNY Mellon has recently collaborated with SWIFT to be the first U.S. bank to offer the gpi Case Resolution service to clients, and the fifth globally. This offering marks another milestone in BNY Mellon’s commitment towards client-centric payment services and leading the path for other global payments innovation (gpi) initiatives.

As businesses worldwide begin coming out of lockdown into uncharted territory, adapting and surviving the economic and social impacts of COVID-19 is imperative as consumer behaviour, namely spending habits, continue to rapidly change. Alongside a 200% rise in “first-time” online purchases in April, Econsultancy recently reported a 33% increase in “online banking or use of mobile apps and payment methods”. 

Britain’s small businesses are being urged to cash in on Google’s free ad voucher scheme and take charge of their own campaigns rather than entrusting the health of their business to an external agency by one of the industry’s leading PPC experts.

UK based fintech Wiserfunding announced its entry into India, launching its Artificial Intelligence (AI) backed cloud-based credit risk assessment tool targeted for small and medium enterprises (SMEs). Wiserfunding arrives at a time when SMEs across India are struggling due to the COVID-19 impact and the available models in the lending sector are not specific to SMEs, are largely non-technology based and have low prediction accuracy.

Huobi Group, the world leading Blockchain Company has announced the establishment of Huobi DeFi Labs.

Huobi DeFi Labs is the platform for DeFi (Decentralized Finance) research, investment, and incubation and eco system building in DeFi space. It aims to build a better financial system in collaborations with the global crypto and DeFi community for the future.

The European Digital Payments Industry Alliance (EDPIA) is happy to announce that SIA, a leading European hi-tech company in payment services and infrastructures headquartered in Milan and controlled by CDP Equity, has joined the Alliance, joining founding members Ingenico Group, Nets, Nexi and Wordline in advocating the growth of digital payments in Europe.