Spearhead of Basel III reforms, William Coen, joins Baton’s Senior Advisory Board, as company scales to meet industry demand for effective risk mitigation

Baton Systems (“Baton”), the market solution transforming asset movements and settlements, has announced that William (Bill) Coen, former Secretary General of the Basel Committee on Banking Supervision, has joined the firm as a Senior Advisor.

Flanders Investment & Trade (FIT), the official government body for the region, has announced an 183% jump in the number of UK investment projects in the first six months of 2021, compared to last year.

Astrid Geeraerts, Head of Investment at Flanders Investment & Trade in the UK (based at the Belgian Embassy in London) explains the increase; "The rise is a direct result of Brexit, with many UK companies taking the decision to set up a base within the EU so that they only have to manage the bureaucracy of entering the bloc only once."

New Role Adds Investment Expertise to Support TAE’s Growth and Innovation

 TAE Technologies announces the appointment of William Coaker as the company’s first Chief Investment Officer. 

Worldline, the European leader in the payments and transactional services industry and UnionPay, the payment organisation with the world’s largest cardholder base, are pleased to announce a new agreement that will significantly expand UnionPay’s acceptance scope in the Nordic region.

• Real-time platform delivers quick approval turnaround, reducing decision times from days to hours
• Fully digital experience transforms SME business funding for businesses and their advisors
• 300% growth in asset finance business volume achieved since implementation
• Lending-as a-service platform helps firm ScotPac’s position as one of few Australian and New Zealand business financiers able to quickly finalise funding for simple and complex deals

The largest technology event in Asia for accountants and finance professionals

 Accounting & Finance Show Asia 2021 returns for its 4th edition, bringing together the region’s accounting and finance professionals

JCB Co., Ltd. (JCB), a leading global payment scheme, and EPIC LANKA (PRIVATE) LIMITED (Epic Lanka), a leading Sri Lankan IT conglomerate, are pleased to announce that JCB has granted the J/Secure(TM) 2.0 Third Party Provider (TPP) Certification to Epic Lanka as the ACS Operator for its service with EPIC ACS.

CBA joins ACY Recession forecast.

We say it first.

Overview:

Watch the video for a summary of this week’s news releases, a review of the USD Index, and complete Top Down Analysis of the EURUSD.

EURUSD Monthly:

Monthly support at 1.1704, resistance at 1.2266.

On the monthly chart the trend is now down. Price has put in a lower top and lower bottom. MACD has also crossed down confirming the change in trend.

AIG Australia's Services Index continues to plummet.