Revelock , a pioneer in behavioural biometric based online fraud prevention, has today announced it is partnering with Sionic, the global financial services consultancy, to help banks and financial services providers around the world take a more proactive approach to detecting and responding to fraud.

Bolero International, the leading cloud-based trade finance digitisation experts announce the appointment of Vincent Acors as their new Trade Finance director for the Asia-Pacific region.

Based out of Bolero’s Singapore office, Vincent will be responsible for business operations and Bolero’s growth strategy to build on the company’s growing presence in the region.

Watch the video for a summary of today’s news releases, a review of the USD Index, and a complete Top Down Analysis of the GBPUSD.

GBPUSD Monthly:

Monthly support at 1.3514, resistance at 1.4229 and 1.4242.

Over the last 4 months price has been testing and holding at 1.4229 monthly resistance. Last week price retested 1.4229 and 1.4242 monthly resistance and sold off.

Telkom has launched Africa’s first Mastercard virtual card for use on WhatsApp, enabling Telkom Pay customers to make e-commerce payments. This move is expected to empower millions of South Africans – even those without a bank account – to access the digital economy and transact online.

UTP Group, a European card payment solutions provider, is urging small businesses to be vigilant in the face of fraudulent card payments accepted over the phone, and shares tips that SMEs can deploy to protect themselves and their customers.

The Mauritius Commercial Bank Ltd (MCB) is adopting MITECH’s system TRAC (Trade Risk Active  Control) to support a continuous and significant growth in its Commodity Trade Finance (CTF) business.  TRAC is a Trade Risk and Collateral Management system supporting Structured Trade Commodity  Finance. The TRAC solution handles not only Transactional Commodity Finance but Borrowing Base  structures as well.  

A new Juniper Research study found that the number of global eSIM module shipments will increase from 430 million in 2020 to 822 million in 2025; representing a growth of 90%.

Mphasis, an Information Technology solutions provider specialising in cloud and cognitive services, 

AUD Shines, COT Report Sees Further USD Selling

Digital transformation can mean different things to each financial institution (FI). For some, it’s a push to modernise legacy systems and acquire fresh talent. For others, a journey to adopt an organisational strategy that unites departments and teams. No matter the motive, nearly all FIs want the same result—to drive efficiency, revenue and cost savings. For many forward-thinking FIs, artificial intelligence (AI) is a key part of this process.