Andrew Elmore has been appointed as Chief Technology Officer at AutoRek. Elmore comes with significant experience as CTO of PagoFX and in C24 Technologies during its sale to Gresham in 2016. He has extensive financial services knowledge gained from previous roles including Head of Technical Architecture at PagoNxt, VP Engineering at Velo Payments and heading up development at SmartStream.
 

Impel and the XDC Network (XinFin) today announced the official launch of Impel, an alternative solutions platform for quickly and securely sending ISO 20022-compliant financial messages. It includes the option to add $XDC as collateral for instant settlement and a bridge to the R3 Corda platform for future-facing banks and fintechs.

Bybit, one of the world’s fastest-growing cryptocurrency exchanges, has announced the launch of its grid trading bot.

Bybit’s new grid trading functionalities will be available to all registered users on June 20. Bybit users will be able to utilize the grid trading bot to automate their buy and sell orders and adjust their investment amount.

ION, a global leader in trading, analytics, treasury, and risk management solutions for capital markets, commodities, and treasury management announces the launch of a new product for both buy and sell-side fixed income traders. ION’s new FI EMS will ease challenges around selecting counterparties and sourcing liquidity by digitalizing the entire dealer-to-customer (D2C) trading process.

Finastra today announced a strategic partnership with ITC Infotech to deliver Finastra’s Fusion Kondor cloud-based Treasury as a Service solution to its growing customer base in Europe. Customers will benefit from increased automation of treasury services, an evergreen system that keeps pace with regulatory change, and rapid time to go live for new features and functionalities.

Robocash Group revealed that the lending from traditional banks is being replaced by the non-bank options with the fastest-growing rates in the Philippines and Singapore. The total opposites are Malaysia and India, where the banking sector is currently experiencing more rapid growth.

Metaverse 4 Finance Accelerator has started. Representing the first Italian acceleration program - fostered by the Sella group and implemented by dpixel, its Venture Incubator, in partnership with OGR Torino – it aims to identify and support the growth of national and international startups for the development of innovative, economically sustainable, inclusive and safe solutions and technologies within the financial applied Metaverse.

Zumo, the Edinburgh-based crypto wallet and payments platform, has appointed Clark Povey as its new Operations Director to shape the moments that matter in people's crypto experience.

Clark has over 20 years of experience leading global operations at financial services and technology companies. He will oversee Zumo’s operations and customer service strategy, and implement digital-first solutions to help the company to scale and expand geographically.  

Interswitch, Africa’s leading integrated payments and digital commerce company, and Compass Plus Technologies, an international provider of retail banking and electronic payments software, have announced a partnership to further strengthen Interswitch’s payment card processing capacity in Africa.

Klarna, a leading global retail bank, payments, and shopping service today announced the launch of its new Loyalty Card feature in the Klarna App.