Global brokerages are facing an increasingly competitive environment, with the exponential rise in retail trading interest during the pandemic. On the other hand, thousands of retail investors entering the market is attracting the scrutiny of regulatory bodies. Regulators are especially concerned regarding misinformation, and risky trading practices. In the United States, a change in political leanings has made data transparency, listing rules, and tax issues gain prominence for financial market participants.

Fast-growing European trading and investing platform appoints former Exness Asia head, Chul Lim, as regional CEO; selects Singapore as its headquarters 

• New research from Tink finds over one in three (37%) financial executives expect their institutions to take more than a decade to complete their open banking objectives
• While a further 40% expect to take 5-10 years to fulfil their open banking objectives
• Despite this, positive sentiment towards open banking rises from 55% in 2019 to 71% in 2021 as executives take advantage of its commercial potential and recognise its strategic importance

 FintechOS Leap, the free banking and insurance event from FintechOS, a global technology provider for banks, insurers, credit unions and other financial services companies, will be taking place between 2^nd – 3^rd November 2021.

• Russia, Germany, Portugal and Sweden are projected to grow the fastest for mobile payment transactions in Europe by 2025, comprising four of the ten fastest countries globally.
• Despite rapid growth in mobile transactions, Europe lags behind emerging markets when it comes to mobile wallets. Africa and The Middle East and Latin America are the two markets set to grow most significantly by 2025 with seven of the top 10 fastest growing countries for mobile wallet purchases hailing from these regions.

Partnership with Temenos opens up Paymentology technology for banks to deliver more customer-centric payment services                                                                                                                                                          Temenos (SIX: TEMN), the banking software company, today announced that Paymentology, the banking digitization, payment and data specialist, is now live on Temenos MarketPlace.

~ Mcapital to meet MSME credit needs; aims to build INR 100 Crore loan book by March 2022 ~

 Mcapital, the lending business of Mswipe, today announced the appointment of Tanya Chadha as the Chief Operating Officer (COO). With over 16 years of experience in financial services and credit, Tanya will oversee building a loan book of INR 100 Crore by March 2022.

●         10 million trees worldwide

●        100 members by UN Day of Forests 2022

●        Multi-million dollar initiative to help reforestation efforts

In its 10^th year, the MTN Business App of the Year Awards 2021, awarded South African technology company, iiDENTIFii, the Best Enterprise Solution for its biometric digital authentication and automated onboarding solution. Speaking after receiving the prestigious award, co-founder and chief strategy officer, Lance Fanaroff, said that iiDENTIFii felt honoured to win after entering the awards for the very first time.