Mohamed Okasha, Fawry’s former Managing Director announced Fawry’s valuation in a LinkedIn post. Fawry, the electronic payments company is the first Egyptian company to reach a market cap of $1 billion.

Xignite, a provider of market data distribution and management solutions for financial services and technology companies, today revealed the results of a collaboration with leading digital personal finance company SoFi on the launch of the SoFi Invest trading platform.

Cash flow management has always been critical for small and medium businesses – but during a pandemic, it can be paramount for survival.

Eventus Systems, Inc., a multi-award winning global trade surveillance and risk management software platform provider, announced today that Gemini Trust Company, LLC (Gemini), a leading cryptocurrency exchange and custodian, has selected Eventus’ Validus platform for the exchange’s new trade surveillance solution. The signing marks the sixth major exchange in the digital asset space to turn to Eventus for trade surveillance.

Arcserve, the world’s most experienced data and ransomware protection provider, has entered into a partnership with the North East Business Resilience Centre (NEBRC), a non-profit organisation which supports, educates and helps to protect businesses in the North East of England from cybercrime, informed by the National Cyber Security Centre's (NCSC's) advice and guidance.

Mphasis (BSE: 526299; NSE: MPHASIS), an Information Technology (IT) solutions provider specialising in cloud and cognitive services, today announced its strategic partnership with UK-based software company 

Aya Karlieva of Financial IT interviews Michel Roig of Fingerprints, a Swedish based biometrics company that develops and produces biometrics systems. Michel Roig is the SVP, Head of Busines Line Payments & Access at Fingerprints and here he talks about the missions, challenges and trends in the biometrics world amidst the COVID-19 pandemic.

Riverbed® revealed today that 90% of IT decision makers (ITDMs), and 86% of business decision makers (BDMs) in the financial sector see digital performance as vital to business growth. Furthermore, almost half (44%) of finance BDMs state that slow running and outdated technology is currently impacting their businesses’ ability to commercially develop.

Today the British Business Bank has announced that it has approved BLG Development Finance, Conister, RM Funds and Western Union Business Solutions for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS).

These new CBILS lenders will be able to provide finance to smaller businesses with turnover of up to £45m that are suffering disruption to their cashflow due to lost or deferred revenues during the Covid-19 outbreak.

Cappitech, a multi-award winning and leading provider of regulatory reporting, best execution analysis and business intelligence solutions for the financial services industry, announces the extension of the regulatory regimes it supports to include the Monetary Authority of Singapore (MAS) OTC Derivatives transaction reporting through The Depository Trust & Clearing Corporation (DTCC), the premier post-trade infrastructure for the global financial services industry.