Molo Finance to partner with Mortgage Advice Bureau, expanding its Intermediary distribution to offer the best in unique digital mortgage services to a greater pool of customers.

July As a fully digital lender, Molo Finance underwrites all mortgages online using technology to speed up lending while providing a seamless and paperless experience for customers. Molo will now be included in Mortgage Advice Bureau’s mortgage options, giving brokers and their customers more choice when looking for the right mortgage.

 • Leading issuer and acquirer in Nordic and Baltic regions enhances its fraud platform with ACI Fraud Management
 • ACI’s machine learning capabilities and consortium data underpin Swedbank’s strong customer authentication (SCA) exemption strategy, contributing to a sizeable decrease in card fraud
 

A new study by Juniper Research has found that smart POS terminals globally in service, where analytics and loyalty can be integrated directly to the terminal, will increase from 13.7 million in 2021, to 35 million units in 2026.

Kiwi Jumps – ASB Bank Sees RBNZ Rate Hike in Late 2021

Overview:

Watch the video for a summary of this week’s news releases, and a Top Down Analysis of the EURUSD and GBPUSD.

EURUSD Weekly:

Weekly support at 1.1704, resistance at 1.1952 and 1.2243.

Price has declined for 5 weeks following the formation of the double top pattern at the 1.2243 weekly resistance high.

 AREX Markets, the data-driven FinTech company that drives financing costs down for SMEs and enables them to get access to cash quicker, today announces its Series A funding round, securing EUR 8.8 million to accelerate its rollout in the UK and Spain.

BPL Global, specialist Credit and Political Risk Insurance (CPRI) broker, has  further consolidated its position as the resident expert in the CPRI market with the release of its  latest innovation, BPL Sphere – a new platform designed to give clients full and immediate visibility  to their CPRI portfolio and exposures across their global operations.  

Jack Zhang, Co-founder and CEO of Airwallex, has been awarded the University of Melbourne Faculty of Engineering and Information Technology’s Kernot Memorial Medal for engineering excellence. In addition, Airwallex also announced today the opening of its second engineering hub in Australia, based in Sydney.

Integral (www.integral.com), a leading technology company in the foreign exchange market, reported today average daily volumes (ADV) across Integral platforms totaled $51.0 billion in June 2021. This represents an increase of +8.7% compared to May 2021 and an increase of +45.3% compared to the same period in 2020.

Reported ADV represents volumes traded across the group’s entire liquidity network, including TrueFXTM and Integral OCXTM, in aggregate.

Blackfinch Asset Management is pleased to announce that its Managed Portfolio Service (MPS) is celebrating its three-year anniversary since launch. During this time, the team has expanded five times, has welcomed over 50 partner firms, and assets under management have increased threefold.