According to the trading activity recorded on high-growth investment trading platform Capital.com, trading in popular meme stocks and cryptocurrencies has dropped month-to-date, while trading derivatives on gold has seen a resurgence.

GLANTUS ANNOUNCES ACQUISITION OF TECHNOLOGY INSIGHT CORPORATION (TIC), SOLIDIFYING POST-IPO GROWTH STRATEGY AND FURTHER EXPANDING INTO U.S. MARKET

Glantus, a provider of Accounts Payable automation and analytics solutions, has acquired Technology Insight Corporation and the business and certain assets of Technology Insight Europe Limited. Technology Insight Corporation has developed its own proprietary AP analytics solution, Datashark, that digitizes the recovery audit process.

** The new cloud native PayPort+ technology – powered by Vocalink and Form3 - offers enhanced performance, ease of integration, and seamless connection into the UK’s Faster Payments network **

Mastercard has launched its next generation real-time payments gateway service PayPort+, which provides flexible access into the UK’s real-time payments infrastructure for Financial Institutions and Payment Service Providers.

The thirty-eighth International Conference on Machine Learning (ICML) scheduled for  July 18–24 will see Sber, a gold partner of the event, present the artificial intelligence solutions designed by the bank and its partners. 

All ICML participants have access to Sber’s virtual page where video presentations will  be uploaded in the following tracks: 

Business is booming in the film and TV industry, with global streamers recording double-digit growth in terms of total spend on content and average programming budgets since the beginning of the pandemic. Spending from these platforms on producing and licensing new entertainment (excluding sport) exceeded $220bn in 2020.

Numio, a cryptocurrency payments and identity management startup, has successfully closed a $1.25m seed funding round. HashKey Capital led the round and were joined by LD Capital, Youbi Capital, Caballeros Capital, DVC, ZMT Capital, as well as angel investors including Suji Yan of Mask Network, and Cecilia Li, ex-investment director of OK Group.

Open banking platform Tink has appointed Rowan Taylor as its Chief Revenue Officer (CRO). London-based Rowan joins Tink from AWS, where he spent more than five years leading global financial services sales teams. His 26 years’ experience in banking technology also includes roles at Gartner, KPMG and Accenture.

In the newly created role of CRO, Rowan will be responsible for driving integration between all revenue related functions at Tink, including sales, marketing, customer support and pricing.

Helping customers with live tax rates and simple tax reporting, cutting out the admin burden for 1,000s of businesses in a post-Brexit environment.

Sage, the market leader in cloud business management solutions, has launched enhanced functionality that will support customers trading cross border following the introduction of the new EU VAT E-commerce Package.

Biometric fintech company, Zwipe and ICPS, a leading international card payment processor and card personalization bureau, are partnering to bring Zwipe Pay ONE enabled biometric payment cards to banks across Africa and Asia.

The COVID-19 pandemic has boosted the use of contactless technology and ultimately the need for consumers and businesses to make higher-value payments using contactless cards. However, the contactless limit increase for payments also posed a higher risk for users without an additional layer of security.