Summary: It was all happening in the wonderful world of FX, initiated by a surprise rate hike from the Bank of England. Sometimes known as “The Old Lady of Threadneedle Street”, the Bank’s Monetary Policy Committee voted 8-1 to increase its Official Bank Rate by 15 basis points to 0.25%. The European Central Bank kept rates on hold as expected but confirmed that its Pandemic Emergency Purchase Program (PEPP) will end in March 2022. The Swiss National Bank maintained its expansionary monetary policy, keeping its SNB rate at -0.75%.

The World is fighting inflation.

Wake up Reverse Bank of Australia.

The Bank of England has raised rates and given guidance that inflation is a problem. The US Federal Reserve has admitted inflation is different to what they expected and indicated they may well raise rates three times in 2022. The ECB has begun unwinding its bond buying program. Banks from Mexico to South Korea have already raised rates once or more.

Summary: The US Federal Reserve announced plans to double its monthly taper from USD 15 to USD 30 billion beginning in January 2022. The Fed also left interest rates on hold. Following the meeting, more policymakers (12 out of 18) saw three rate hikes next year. Fed Chair Jerome Powell sought to soothe markets, telling reporters that the US central bank would not hike rates before ending up tapering. Lower than forecast US November Retail Sales slowed the Greenback’s rally.

Mastercard today welcomes its newest wave of startups to its award-winning Start Path startup engagement program. Start Path alums share their insights into the top trends of 2021 and what they've learned from a challenging year.

This Solution enables Ethereum software developers to increase scale, efficiency and speed of transactions on the Ethereum Mainnet and permissioned blockchains, while maintaining network integrity and immutability.

Much speculation has been uttered about the expiration date of the current crypto bull market, driven by bitcoin. International Forex broker OctaFX summarises what has happened so far and highlights the fresh innovations to pay attention to.

Program Drives Advancement of Community Bank Innovation for Fourth Consecutive Year

Signal Intent, a leader in financial guidance for the digital age, announced today its participation in the Independent Community Bankers of America’s (ICBA) fourth annual ICBA ThinkTECH Accelerator, in partnership with The Venture Center.

D-MARKET Electronic Services & Trading ("Hepsiburada", or the "Company"), a leading Turkish e-commerce platform, today announces the entry into a definitive agreement to acquire Doruk Finansman A.Ş., a Turkish consumer finance company ("Doruk Finansman").

• Mercado Libre acquired the entire company in order to further strengthen its operation in Chile in the payment methods sector, especially in the physical world for SMEs, and to continue fulfilling its purpose of democratizing commerce and finance in the country.
• This is Mercado Libre's first purchase in the region in payment systems, which strengthens the business position of its Mercado Pago unit, the largest fintech in Latin America.

Through this partnership, Linedata reinforces its deployment strategy in Latin America