AlgoTrader partners with Blockfills to provide financial institutions with a secure gateway to the deepest crypto and digital asset liquidity globally. Blockfills is the first electronic communication network model ECN for crypto and digital assets and is made available within AlgoTrader´s recently launched WIRESWARM platform, an advanced crypto and digital asset order management, execution management and multi-venue connectivlty platform for banks.

The Covid-19 pandemic has caused an increase in finance professionals dealing with outstanding invoices from customers, according to nearly half (48%) of respondents surveyed by fintech company, Onguard. In particular, cash flow problems were cited by nearly two-thirds (65%) as being the most common reason why customers are failing to pay on time. This represents an increase of 14% from February when just over half (51%) of invoices went unpaid due to cash flow concerns.

The International Chamber of Commerce (ICC) – renowned for its global standards that enable trillions of dollars of cross-border transactions each year – has announced the operational launch of a major new initiative to ensure the benefits of digital trade can be realised by everyone, everywhere.

Bluestone Mortgages today warns that the needs of “non-standard” customers could end up being excluded from the development of open finance if advisers do not respond to the FCA’s Call for Input by next month.  

Global expansion specialists Newfound, has revealed that the economic fallout from Brexit and the Covid-19 pandemic is making fintechs more cautious about international expansion, according to a survey of 50 fintech executives. Despite these fears, the majority of fintechs plan to expand internationally in the next 18 months citing diversifying revenue streams, access to talent, and “winning” strategic hubs as key drivers.

Sidetrade (Euronext Growth: ALBFR.PA), the artificial intelligence platform dedicated to accelerating company revenue and cashflow, adds to its senior leadership team.

In its drive to provide businesses with digital technology to revolutionise their order-to-cash processes, AI leader Sidetrade has appointed Rob Harvey as its new chief product officer and a member of the firm’s executive committee (ExCom).

Dunbridge Financial, the Toronto-based international payments company, has partnered with Currencycloud, the leader in providing B2B embedded cross-border solutions, to offer their customers the opportunity to hold more than 30 currencies, as well as make and receive payments from more than 180 countries.

SmartStream Technologies, the financial Reference Data Utility (RDU) solutions provider, today announced derivatives is supported in its Systematic Internaliser (SI) Registry service, to help clients meet the Markets in Financial Instruments Directive II (MiFID II) deadline of September 15, 2020. This allows trading counterparties to identify who is responsible for reporting trades in general, but also the most complex part of the SI Regime which now includes derivatives.