The Consumer Financial Protection Bureau (CFPB) released two reports today showing that more work needs to be done to help mortgage borrowers coping with the COVID-19 pandemic and economic downturn. The first report documents that Black and Hispanic mortgage borrowers are much more likely to be delinquent or in a forbearance program than white borrowers. In a second report, the CFPB reports that overall mortgage complaints to the CFPB have risen to their highest level in three years.  

Refinitiv today announced a new strategic agreement with FinTech Studios, an AI-based news, market intelligence and analytics provider, to provide industry, local and regional news, and research to wealth management professionals across Latin America and beyond.

Kubernetes, supported by a vibrant open source community, can drive outstanding innovation. To help in Kubernetes adoption, Red Hat and IBM Research have created Konveyor, an open source project aimed at helping modernize and migrate applications for open hybrid cloud by building tools, identifying patterns and providing advice on how to bring cloud-native transformation across IT. Konveyor also supports a growing number of tools, such as Crane, Forklift, Move2Kube, Tackle, and Pelorus, designed to accelerate Kubernetes adoption. 

Today, Curve and Cardlytics announce a new partnership to launch Curve Rewards, a new programme available for customers in-app. The partnership will connect Curve’s 1million+ UK customers with Cardlytics’ growing roster of over 100 recognised high street brands, including Pret a Manger, JustEat, FatFace, Harvey Nichols and Cult Beauty, offering an extensive range of rewards.

Wolters Kluwer’s Finance, Risk & Regulatory Reporting (FRR) business has appointed Donna-Maree Vinci as a strategic advisor for Australia. Wolters Kluwer FRR counts major Australian financial institutions, as well as international banking groups active in the country, among its clients.  The multi award-winning company is now scaling up operations in the country, helping banks to navigate the complexities of regulatory compliance obligations. 

Riverbed today announced the availability of new capabilities that dramatically improve the visibility and performance of SSL/TLS-encrypted applications, enabling organizations to expand Work-from-Anywhere, SaaS and Cloud initiatives with confidence.

A record number of venture capital (VC) partners and firms within the European market were valued at over €1bn in 2020, reaching unicorn status, investment monitoring platform Pitchbook has reported.

The news follows a decade of sustained growth, and multi-billion valuations flooding the European VC market in 2020, despite economic and social disruption by COVID-19. 

Today, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, announced Amazon FinSpace, a purpose-built analytics service that reduces the time it takes FSI organizations to find, prepare, and analyze financial data from months to minutes. Amazon FinSpace aggregates, catalogs, and tags data across an organization’s data silos, making the data easily searchable by the entire organization.

Procensus, the opinion sharing community for institutional investors, today launched a premium service which extends access to the platform’s benchmarking data to corporates, capital markets bankers, alternative asset managers and regulatory authorities, providing them with enhanced market intelligence.

Featurespace, the leading provider of Enterprise Crime Prevention software, has received the Queen’s Award for Enterprise: International Trade.  

This is the second time the company has received a Queen's Award, the first being in 2018 in the Innovation category for its pioneering work in fraud prevention technology.