The fintech sector has undergone massive growth over the past 18 months and shows no sign of slowing down. According to KPMG, global fintech investments during the first half of 2021 reached a record $98bn up from $87.1bn in the same period in 2020. Throughout the pandemic, the sector has proved resilient.
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Organizational change aligns software technology, services, sales and marketing for faster delivery of innovations to serve the decision management needs of customers
Tier1 Financial Solutions (“Tier1”), a leading provider of client relationship management (“CRM”) solutions, AML compliance and fraud prevention solutions, has appointed Megan Howe as Managing Director, North America Sales. Howe will be responsible for driving compliance software and buy-side CRM sales in North America, delivering a range of client lifecycle management solutions.
2021 was the year of recovery and opportunity for many, following months of disruption caused by the pandemic. But whilst many industries have struggled to bounce back from the disruption, many Fintechs have managed to thrive in a somewhat hostile economic climate as a result of innovation, digital disruption, lucrative funding and a vision for how products can change the lives of consumers whilst helping businesses grow.
Overview:
Watch the video for a summary of this week’s news releases, a review of the USD index, and a complete top down analysis of the GBPUSD.
GBPUSD Weekly:
Weekly support at 1.3168, resistance at 1.3571 and 1.3602.
Weekly chart is in a downtrend showing lower tops and bottoms. Price has rallied to the 1.3571 to 1.3602 weekly resistance area and 62% fib retracement level.
Things are looking up on the Retail Sales front, but for how long?
It is likely we will see a sharp pullback in the current month. Which of course is only natural given the volatility of all economic data series in attempting to map out what is fast happening in our real world.
What we do know is that things are most definitely returning to a moderately changed new normal. With the large caveat of the current Omicron setback. The impact of which is growing though by no means devastating the economy as yet.
Don't forget the Putin Wild Card?
By collaborating with Visa, Detected and Visa are filling a critical gap in KYB compliance
Detected, the critical infrastructure component for next-generation KYB compliance, today announced that it has joined Visa Fintech Partner Connect Program in their Central and Eastern Europe, Middle East and Africa Region.
Today, BSO, a global pioneering infrastructure and connectivity provider, has announced the appointment of Laurence Saunier as Chief Financial Officer (CFO) and Virginia Petrou as Global Marketing Director.