Global payments fintech, EedenBull, has today announced that Jukka Rinta, previously the Head of Product  Commercial Cards at National Australia Bank, joins the EedenBull executive management team as Chief  Product Officer.  

 ION, a global provider of trading, analytics, treasury, and risk management solutions for capital markets, commodities, and treasury management, has been accepted to the International Capital Market Association (ICMA) as an Associate Member.

The iFX EXPO Dubai will take place at Za'abeel Hall 6, Dubai World Trade Centre from 22-24 February 2022. Organised by Ultimate Fintech, the event will be at the UAE’s leading event venue and one of the largest exhibition centres in the world. With just over a week to go until the event, we’re heading behind the scenes with the Ultimate Fintech team.

About The Organisers

In 2015, the Payment Services Directive (PSD2) was passed by the EU aiming to provide consumers and businesses with an easier and safer way to manage their online payments. 

To do this, PSD2 intended to break down banks’ monopolies on user data by introducing new services as intermediaries between the users and tha banks, as well as demanding strong customer authentication (SCA) which has caused many frustrations among businesses.

Commerce Bank goes live on Temenos core banking platform to reimagine banking for the digital era

Temenos, the banking software company, today announced that Commerce Bank has gone live with Temenos core banking platform. This milestone completes Commerce Bank’s modernization project to move from its legacy systems for deposits to a modern, agile and open platform tailored for the US market.

US regulatory agencies announced new steps this week for their reviews of proposed bank mergers.

3S Money, the UK bank challenger, has partnered with ClearBank, the cloud-based clearing bank, to offer multicurrency accounts to its retail and corporate clients for the first time, to support their international growth and that of their end users.  

• A quarter of BNPL users are concerned about their ability to repay their BNPL bills
• Over a third chose to pay with BNPL due to insufficient funds in their current or savings account
• Nearly a fifth of 18–34-year-old BNPL users have had their credit score impacted due to missed BNPL payments
• The average BNPL user is paying off £293 in BNPL loans, and almost half have had loans from different BNPL providers at the same time

Geopolitical issues, including the heightening Ukraine-Russia tensions, will drive Bitcoin’s increasing mass adoption and higher values this year – despite a 5% drop in the last 24 hours.

The prediction from Nigel Green of deVere Group, the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations, comes as more than 100,000 Russian troops mass on the border with Ukraine and global leaders try diplomatic efforts to avoid war between the two countries.