Aussie Slumps to 6-Month Lows, Greenback Mixed, Risk-Off
Summary: Risk appetite remained shaky despite a late rally in US equity markets on Friday. The AUD/JPY cross pair, the main FX barometer for risk slumped to a 6-week low at 80.60 from its 81.1 open Friday. The Australian Dollar (AUD/USD) tumbled 0.9%, breaking through the 0.70 cent support level to 0.6992 in late New York (0.7030). New Zealand’s Kiwi, which trades closely to the Aussie, fell to 0.6545 (0.6577). Against the haven sought Japanese Yen, the US Dollar edged lower to 115.20 (115.30).
IPification, One-Click Mobile Authentication Solution, Partners with Cyta, the Largest Mobile Operator in Cyprus
IPification, the leading global provider of mobile IP address-based authentication and phone verification, has deployed its solutions within Cyta, the largest mobile network operator in Cyprus. Mobile app developers whose users subscribe to Cyta can now implement IPification into their apps to streamline their onboarding and sign-in processes.
Making AI Attainable For All Michigan Credit Unions
Michigan Credit Union League and Scienaptic collaborate in new AI venture for Michigan credit unions
Leading global AI-powered credit decision platform provider, Scienaptic AI announced an AI collaboration with the Michigan Credit Union League (MCUL). This alliance will enable the company to offer its AI-powered credit underwriting technology to credit unions throughout Michigan.
Launch marks the strategic alignment of market-leading solutions and services for government entities
Monday, January 31, 2022 - 14:04
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Financial IT
GreenBox POS and $100 million Convertible Note Investor Collaborate to Mitigate Immediate Conversion Risk
90 Day Extension to Drive Stock Value Through Enhanced Business Growth
GreenBox POS, an emerging and rapidly growing FinTech company today announced that it has entered into an agreement with respect to the $100 million convertible note financing, originally entered into on November 2, 2021, in order to relieve immediate conversion concerns.
Subaio Chooses Open Banking Firm Aiia to Automate Creditworthiness for Financial Institutions
Today, Subaio chose European open banking leader, Aiia, a Mastercard company, to enable a smarter way for assessing creditworthiness through Subaio’s new whitelabel offering. With access to open banking, the solution will help financial institutions, banks, leasing companies and more assess consumers’ creditworthiness automatically.
Record Growth at Anti-money Laundering firm SmartSearch
Specialist anti-money laundering firm SmartSearch has reported record annual growth. The rapid expansion has been driven by a surge in demand for its industry-leading online identity verification and due diligence platform.
Diligent Finds Cyberbreaches Due to Work-From-Home Have Cost Surveyed UK Businesses £374 Million in the Last 18 Months
Other survey findings include: majority of companies experienced a cyberbreach in 2021, view ESG as a box-ticking exercise and have significant concerns around changing regulations
Wise Platform Enters 2022 With Seven New Partnerships
Since October 2021, Wise has launched partnerships with credit unions, digital banks, a business-to-business payments platform, and more
Wise (formerly TransferWise), the global technology company building the best way to move and manage money around the world, launched seven partnerships in Q4 2021, as the business continues to grow Wise Platform, its API offer for banks and non-banks alike.