The Rise of Multi-Currency Accounts

The e-commerce industry is growing extremely fast nowadays. It went from $1,136 billion in retail sales in 2014 to $3,535 billion in 2019 and an estimated $6,542 billion by 2023, according to Statista. And now with the recent crisis, that growth rate has increased rapidly. Millions of people switched to online purchases out of necessity and many of them shop internationally.

Eventus Systems, Inc., a multi-award winning global trade surveillance and risk management software platform provider, and VoxSmart Ltd., a  global leader in communications surveillance technology, announced today that they have formed a strategic alliance.

TIBCO Software Inc., a global leader in enterprise data, empowers its customers to connect, unify, and confidently predict business outcomes, solving the world’s most complex data-driven challenges.

Ziglu, the cryptocurrency challenger has today formally completed its seed funding round, having successfully secured £5.25 million from a number of specialist UK FinTech investors, and entrepreneurs.

Despite the challenges of lockdown and the economic pressures, Ziglu has raised significantly more than the average seed round of $2.4 million in the first quarter of 2020 (PwC, MoneyTree Report, 2020). Ziglu is part of the vibrant London Fintech community and has joined the summer cohort of the 2020 Business Growth Programme, sponsored by the Mayor of London.  

In a drive to continuously simplify and improve its client interactions through secure and compliant channels, Deutsche Bank has become one of the first companies to enable the Symphony Connect Solution for secure chat and collaboration with its clients via WhatsApp.

It’s something of a truism to say that cryptocurrency has moved beyond its cypherpunk beginnings. What 10 years ago was the plaything of anarchists and maths geeks has now become a required portion of every professional investor’s portfolio.

What percentage of your assets you put into Bitcoin is down to your own appetite for risk.

Dwolla, the programmable payments platform, today announces the latest feature in its robust Partner Ecosystem, the Partner Portal.

Heads of Performance or Client Reporting at any asset management firm are responsible for the outputs to the end consumer. Their biggest worry is always: ‘Can I trust the numbers (and text) on those outputs? Is it ‘good to go’? Has it been brought in faithfully from multiple external sources?’ A good vendor will have all the tools and processes in place to ensure that it can take the data from the point of reception to the point of dissemination, with a cast-iron guarantee that the data will remain unchanged throughout that transition, writes Abbey Shasore, CEO, Factbook. 

Colt Technology Services has today announced the launch of multi-cloud access on its award-winning SD WAN platform.

Colt’s SD WAN multi-cloud offering sees enterprises now being able to benefit from a single connection to multiple Cloud Service Providers (CSPs), including cloud-to-cloud connections, over SD WAN which ensures enhanced security, agility and latency compared with connecting via the public internet. 

Today Koine, the post-trade custody and settlement platform for institutions, and Panxora, the crypto treasury management service, are working together to provide mutual clients with services dedicated to reducing risks associated with holding cryptocurrencies for the growing numbers of institutions investing in the digital asset class.