USD/DXY Eases, Euro Rebounds, Asian/EMFX Close Mixed

The new Embedded Finance Experiences category is a vital evolution of embedded finance, unlocking deeper engagement for consumer brands 

This just cannot be allowed to go on. The absurdity of a central bank declaring it will do nothing until 2024, while an international body, the OECD, urges a major review into the organisation. The economy is expected to be reasonably strong. Inflation is accelerating and other central banks are already raising rates. Including the RBNZ.

In Australia, rates are at all time emergency crisis settings, clearly feeding house price gains at risk of creating a bubble.

Forecast: RBA Cash Rate to rise to 0.5% in 2022. Risk 1.00%.

AML app now live for banks to tap into on Finastra’s FusionStore

• Tiger Global leads $12M pre-series-A round. This adds to February’s $13M investment allowing Tarabut Gateway to now announce its $25M total investment in the last eight months.

• The investment will be used to grow the scaleup’s tech and leadership teams, enhancing the first and largest Open Banking platform across the MENA region.

59% admit that their level of data literacy is below average, while 66% think that this is true for their business unit in general. 

Alteryx, Inc. (NYSE: AYX), the analytics automation company, today highlights a critical shortfall in the knowledge and skills needed by employees in the financial industry to deliver business value in the post-pandemic economy. 

Pelican AI (pelican.ai), a global provider of Artificial Intelligence-powered payments and financial crime compliance solutions for banks and corporates, announced today that the Treasury Services business of leading global bank BNY Mellon is implementing its AI-based Pelican Secure Sanctions Self-Learning Optimization™ (SSLO) solution in the coming months to drive efficiency in their global sanction screening capabilities.

Leading global fintech firm, Finalto, is proud to be a mega platinum sponsor for the prestigious Finance Magnates London Summit 2021. Scheduled to be held at Old Billingsgate, London, on November 16-17, the event is one of the most awaited in the fintech sector. Finalto is also a sponsor for the Speaker Hall at the London Summit and will be available at Booth #5 to showcase their offerings.

• Suppliers: A quarter of SMEs reported prices have almost doubled over the past 6 months as costs of raw materials increase around the world 
• Reaction: The majority of SMEs are absorbing the increased costs and only a fifth are passing on the additional cost to their customers  
• Outlook: Majority of SMEs are grateful to be in business and generating revenue despite the increased costs, and are prepared to accept up to a 20% drop in revenue