Retail banks have displayed remarkable resilience and agility during the COVID-19 pandemic, moving many parts of their operations online. They have successfully enabled their employees to work from home, and have been able to serve their customers with very little disruption through digital channels. Providing a critical service that has kept our society functioning, these banks have ensured that payments are processed and loans are disbursed, that supply chains continue to function, and that customer information is protected.

OpenPayd, the API-led Banking-as-a-Service provider, today announced the launch of InstantFX, its FX-as-a-Service product that provides clients with real-time trading, putting an end to the need for batch processing.

Fueling the increasing demand for bikes, GoCardless, a leading fintech for recurring payments, has teamed up with Brompton, designers and makers of the iconic folding bike, to streamline the payments of ‘Brompton Bike Hire’.

Agicap, a French SaaS company that offers BFM software to small businesses, selected Salt Edge, leader in offering open banking solutions, to empower CEOs and CFOs to manage and monitor their companies’ cash flows on all bank accounts, in a single dashboard.

BPC Banking Technologies, the leading provider of digital payment solutions, has partnered with Pakistan’s Meezan Bank to deliver its digital transformation agenda starting with the upgrade of its payment infrastructure. BPC’s SmartVista platform has been selected by Meezan to deliver state-of-the-art issuing and acquiring services for the bank.

Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, announced that PAG, one of the world’s largest Asia-focused investment groups, has chosen Broadridge as a cloud-based portfolio management technology provider. The enhancement will support PAG’s capabilities for its private debt operations.
 

Sidetrade customers can now benefit from a cash mindset across the order-to-cash cycle, more effectively accelerating payment dispute resolution.

Ever since the establishment of a global monetary system in the wake of World War II, the world’s economy has been centred on the US Dollar (USD) as the single most dominant reserve currency.