• YouTrip's transaction volume has rebounded to pre-COVID levels, driven by strong traction in cross-border e-commerce transactions and return of travel spending. Exponential growth is expected in upcoming months following the opening of more Vaccinated Travel Lanes in Singapore and progressive return of SEA travel.
• The latest funding will be used to scale the neobank's product offerings, including venturing into the B2B payments space, and accelerate its expansion into wider Southeast Asia. 

• Rebrand focuses on ongoing commitment to brilliantly simple payments and customer-centric service in a complex ecommerce world

Leading smart payments provider and merchant acquiring bank, Credorax, has today announced its new company identity, Finaro.

·         Calastone and Microsoft share vision for digitally enabled collective investments and funds

·         Calastone introduced its innovative DMI Fund Services solution leveraging Distributed Ledger Technology (DLT) alongside existing proven technology together with its global funds network to enable digital transformation for funds market participants

London-based Fintech firm BitcoinPoint obtaining the Registered Crypto-asset Firm Licence.

This permanent Crypto-asset registration will enable BitcoinPoint to continue to reach UK retail customers after March 2022 where all ‘temporary’ registrations will be revoked.

Award recognizes Infor's performance and commitment to helping customers drive innovation on AWS

Infor, the industry cloud company, today announced that Amazon Web Services (AWS) has awarded Infor the AWS Industry Solution Independent Software Vendor (ISV) Partner of the Year award.

Announced at the annual AWS re:Invent conference in Las Vegas, Nevada, the award recognizes Infor's performance and commitment to helping customers drive innovation on AWS. 

LexisNexis® Risk Solutions announced that it ranks 11^th in the 2022 Chartis Research RiskTech100®, rising six spots since last year in the most comprehensive independent study of the world’s major players in risk and compliance technology. LexisNexis Risk Solutions has also been selected by Chartis Research as the category winner for Financial Crime - Data for the fourth consecutive year.

 Alternative Investment Exchange (AIX), an alternative investment technology firm that makes it easier for wealth managers and fund sponsors to do business in alternatives, announced the development of a direct data connection with 

London-based FinTech Plum on Friday (Oct. 15) announced the close of a 12 million euro ($13.9 million) Series A funding round, part of an anticipated 20.7 million euro ($24 million) effort that will be used to expand the company and increase interest in its money management app. 

• BCR also provides progress updates on Public Commitments from Pool A, B, C and D Capability and Innovation Fund recipients

BCR Annual Report

Blockchain technology is transforming nearly every industry, whether it be banking,  government, fashion or logistics. The benefits of using blockchain are substantial - businesses can lower transaction costs, free up capital, speed up processes, and enhance security and trust. So it’s no surprise that more and more companies and developers are interested in working with the technology and leveraging its potential than ever before.