Armalytix, the open banking platform which streamlines the collection of data for the professional and financial service industries, is partnering with X-Press Legal Services, the largest independent property search provider in the UK, to offer its Source of Funds technology for the legal sector.

Banking technology provider, BankiFi, has today launched its Open Cash Management platform. The innovative new service gives customers access to a litany of modern solutions, making business financial management easier.

The new Open Cash Management platform provides a fully embedded banking service for BankiFi’s customers. Developed with larger, more established small and mid-sized businesses (SMBs) in mind, the platform allows customers to handle:

Propeller automates bond underwriting, simplifying how retail agents purchase surety bonds

Propeller, Inc., a high-growth insurtech MGA specializing in surety bonds, has signed an agreement with Amwins, the largest specialty insurance distributor in the U.S., to serve as a preferred surety partner to their network of over 25,000 retail agencies.

Verisk’s Collaboration with Child Support Lien Network (CSLN) and the Federal Office of Child Support Enforcement (OCSE) Expands Automated Matching to the Life Industry

Acquisition signals the first step in Equinix’s long-term strategy to become a leading African carrier-neutral digital infrastructure company, enabling organizations to accelerate digital transformation throughout the continent.
Equinix, Inc. the world’s digital infrastructure company™, today announced it has completed its deal to acquire West African data center and connectivity solutions provider MainOne for an enterprise value of US$320M, marking the beginning of its expansion into the African continent.

Infor ERP cloud solution will help the Bulgarian metal products manufacturer to improve syncronisation among departments 

John Glen, Economic Secretary to the Treasury, has praised the UK’s robust Anti-Money Laundering (AML) approach and pledged that the government will not compromise on its high standards. 

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 EURUSD.

EURUSD Weekly:

Weekly support at 1.0806, resistance at 1.1121 and 1.1186.

Weekly chart is in a downtrend. Price has rallied for three weeks and failed at the 1.1186 weekly resistance level. A week down this week will confirm the formation of a lower top.

WITH QUIMMO THE ILLIMITY GROUP INTENDS TO BRING THE POWERFUL INNOVATION  IT HAS ALREADY BROUGHT TO THE FINANCIAL SERVICES INDUSTRY TO THE REAL  ESTATE BROKERAGE SECTOR 

THE REAL ESTATE BROKERAGE SECTOR HAS GROWN IMMENSELY – THERE ARE  CURRENTLY OVER 120 BILLION EURO OF DEALS A YEAR