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A research conducted by Robocash Group revealed that the income of the population in India is foreseen to be USD 47 BN less than anticipated in 2021 as a result of COVID-19. Non-banking lending fintech companies are in prime position to meet the demand, promising impressive growth.
Today at Money2020 in Las Vegas, Fred Brothers, a long-time FinTech executive, unveiled Cion Digital and the Cion Blockchain Orchestration Platform, which helps clients succeed in the evolving digital asset economy. Cion has been operating in “stealth mode” for months developing the Platform and building a strong sales pipeline.
• Creates a single destination for shared global client base
• Combines advanced, cloud-native technology with superior managed data services
• Significantly extends capabilities of RIMES’ managed data service offering • Delivers a unique, rich source of quality ESG, ETF and other datasets from more than 1,600 sources
Summary: FX markets settled ahead of key central bank policy meetings which begin with the Bank of Canada (Sydney 1 am, Thursday, 28 October). Tomorrow, the Bank of Japan and the European Central Bank meet on policy. Next week sees the Reserve Bank of Australia, the Bank of England, the US Federal Reserve and Norway’s Norges Bank have their meetings on interest rates and policy. The Dollar Index (USD/DXY), a popular measure of the Greenback’s value against a basket of 6 major currencies edged 0.13% higher to 93.93 (93.83 yesterday).
Temenos’ open banking platform will enable Barko to offer affordable, accessible banking services to unbanked South Africans
Reaching out to the audience residing in Bharat has always been a challenge for the enterprise for multiple reasons: consumers' insecurity of doing financial transactions digitally; lack of network infrastructure, unavailability of intelligence, etc. PayNearby has been able to resolve these problems for financial and non-financial service providers like Banks, NBFCs, Insurance Companies, OTT companies; Food delivery aggregators etc.
A formal partnership has been signed between JCB International Co., Ltd, the international operations subsidiary of JCB Co., Ltd, and Ziraat Bank, one of the largest banks in Turkey. This collaboration means that JCB Cards will be accepted by over 500,000 merchants in Turkey using Ziraat Bank POS devices and cash registers. Further, approximately 7,300 Ziraat Bank ATMs in Turkey will also accept JCB Cards.