• Customer growth accelerated across all industries, led by fintech, retail/ecommerce, and travel segments
• Strong financial performance and significant company milestones were achieved; demand from global enterprises surged for its fraud prevention and account security platform

Temenos, the banking software company, has extended its strategic relationship with Red Hat, the world’s leading provider of enterprise open source solutions, by integrating Red Hat Process Automation Manager with Temenos Infinity cloud-native digital banking services.

Summary: Fed Chair Jerome Powell stated that the Federal Reserve should be able to raise interest rates without damaging the job market in hearings before the US Senate. The Dollar eased against its Rivals with the Canadian Loonie outperforming. Oil prices soared an average of 4% while Gold and Silver climbed above 1%. The Dollar Index (USD/DXY), which measures the value of the Greenback against a basket of 6 major currencies, settled 0.37% lower to 95.62 (95.89 yesterday). The US Dollar lost 0.66% against its Canadian counterpart (USD/CAD) to 1.2582 from 1.2662.

I don't trust the day's rally in stocks, this is why; the market rallied on Fed Chair Powell, comments below, but notice the idea emerging or being foisted upon the market that the Fed both knows what is happening and has the ability to control inflation?

This computer game like mentality, that if inflation goes up, we raise rates more, inflation goes down, game won, is a very dangerous form of Fed consciousness.

Twig, a London, UK circular economy fintech scaleup, announces its $35 million Series A round of financing. The investment will help the company accelerate delivering its Web 3.0 green payment infrastructure and boosting the roll out of its current suite of financial products.

Approval Percentages at Big Banks, Small Banks, Institutional Lenders, Alternative Lenders and Credit Union Still Are Roughly Half of What They Were in December 2019

Technology in modern financial services can be a complex subject. This is what business leaders should focus on for success.

Pandemic pressures inspired company leaders to design a workweek that provides the flexibility to balance work, family and community responsibilities while accommodating aspirations beyond work

Commerce protection provider Signifyd announced today that it will advance the future of work by permanently shifting its operation to a four-day workweek after months of trials that proved beneficial to productivity and employee satisfaction.

- Powering new development capabilities and business expansion plans 

- Follows exceptional growth in 2021 

- Driving accelerated adoption of real-time data collaboration technology solutions 

Transcend, a leading provider of collateral, liquidity, and funding solutions, and Acadia, a leading provider of integrated risk management services, have partnered to deliver an automated, comprehensive and independent Collateral Validation Service. This service allows the buy-side and broker-dealers to confidently manage the growing complexity and volume of margin activity driven by Uncleared Margin Rules (UMR).