Fintech industry veterans join a growing team as global payment provider opens new regional headquarters

• Southeast Asia is the fastest growing region for mobile wallets in the world with 25.5% CAGR and overall growth of 311% in the next five years
• Latin America and Africa & Middle East are the second and third fastest growing regions, set to expand by 166% and 147% respectively by 2025
• Between 2020 and 2025 the number of mobile wallets transacting over USD $1 billion per year will increase by 27% creating a growing acceptance challenge for merchants

LiquidShare, a fintech leveraging blockchain technology to develop solutions for post-market players and its partners, AXA Investment Managers, BNP Paribas Securities Services, Caceis Bank, Caisse des Dépôts, CIC Market Solutions, Crédit Agricole Titres, EUROCLEAR, EURONEXT, Kriptown, La Banque Postale, ODDO BHF, ODDO BHF AM, OFI AM and Société Générale Securities Services successfully completed the experiment on the use of central bank digital currency (CBDC) for interbank settlement purposes. 

• A small ‘reverse loan’ will help boost small business’s Experian credit scores by making regular, small payments
• Credit score increases will help small businesses borrow to invest in post-pandemic  growth

AUD Extends Fall, EUR Dips, GBP Flat, Bond Yields Ease

BetterCommerce has launched its eCommerce subscription engine, solving one of the biggest current challenges for eCommerce businesses. It is a comprehensive suite of software comprising various modules, each aimed at helping companies grow with subscriptions.

Before we learn more about the development, let’s understand the market and the current need!

Financial inclusion is a significant issue all over the world, from the most mature economies to those that are earlier in their development. In all, the systems and processes that govern access to finance are the single biggest contributor to financial inclusivity. Some have argued that private credit bureaux should not be a part of that system, but that would only hold back progress. I’d argue that the only way we’re likely to achieve financial inclusion is through a combination of public and private credit information providers.

Historians will come to study the case of Tesla when they look at the rise of global financial democracy. They will identify this rise in electric car stocks as a key moment in a new world order.

Many professional investors laughed at the crowds buying Tesla stock a year ago. They shorted the stock, looking to make money when it fell down. They stopped smiling when the value doubled, and doubled again.

IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today launched a standalone Data Dictionary to empower business users with greater visibility of their data.