Temenos , the banking software company, today announced the integration of Taurus SA (“Taurus”), the Swiss digital asset and blockchain infrastructure fintech, with Temenos Transact, the next generation core banking software. Following a thorough landscape review and evaluation process, Temenos selected Taurus as a partner to deliver simplified access to digital assets for its banking clients.

Wirex, a leading digital payments platform, has appointed Jenny Kong as the new Global Head of Marketing, where she’ll manage the Marketing team from New Zealand. The news follows her work co-founding the successful ‘Rising Women in Crypto Power List’ last year, and aligns with Wirex’s mission to show that crypto is open to all, and inclusion starts from within.

Smart Engines, a science-driven company, is participating in an international program The Journey PT 2021 for speeding up the restart of the Portuguese tourism industry after the pandemic. The main goal of The Journey is to help solve business challenges using global innovative solutions, especially for tourism. Turismo de Portugal is featured as the main partner of the program. The Journey is organized by collaborative innovation consultancy Beta-i.

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More than half of compliance professionals say digital transformation of the customer due diligence process will have the biggest impact on their risk organisation over the next 12 months, according to a new poll from digital compliance specialist NorthRow.

Mr Mandar Agashe, Founder and MD, Sarvatra technologies,” Covid-19 has not just pushed digitisation but it has also significantly influenced the manner in which people transact. Consumer demands and expenditures have shifted to minimum, mostly towards essentials and emergencies. In addition with the lockdown measures and social distancing norms people are not venturing out to banks and ATM as frequently.

A leading e-wallet firm has revealed that cryptocurrency deposits increased by 48% in the first quarter of this year while fiat (official government) currency use remained flat.

STICPAY figures show Bitcoin is the leading cryptocurrency of choice for its e-wallet users, dwarfing Ethereum, Litecoin and Tether by 38 times their combined usage.

Commenting on the UK economy set to achieve the expected 7.25% growth forecast in 2021, Rupert Thompson, Chief Investment Officer at Kingswood, said: “The UK economy held up better than expected during lockdown in the first quarter. GDP posted a 1.5% drop over the quarter as a whole but encouragingly grew a larger than expected 2.1% in March as the economy started to reopen. These numbers will bolster hopes that the economy will achieve the 7.25% growth forecast by the Bank of England – the fastest growth in seventy years.