TreasurySpring, the London-based financial technology company that enables firms to minimise risk and maximise returns on excess cash balances, and Global Reach, a leading provider of foreign exchange and international payments, today announced that they have entered into a partnership to deliver seamless access to each other’s services for their clients.

Global analytics software provider FICO today released its analysis of UK card trends for December 2020, which presents a mixed picture of UK consumer financial stability. Some of the data suggests that credit card users are managing their finances prudently, but where there is already pressure on finances, the reliance on credit cards is increasing. 

MayStreet, the industry’s leading market data infrastructure provider, today announced the appointment of Manisha Kimmel as Chief Policy Officer.

Today, Bottomline and Strategic Treasurer release the results of the 2021 Treasury Fraud & Controls Survey. This is the 6^th annual survey between the long-time collaborators, whose research partnership also includes the annual B2B Payments Survey.  

Today, Windward, the Predictive Intelligence company applying AI to transform global maritime trade, and The Mauritius Commercial Bank Ltd. (MCB), the longest-standing and leading banking institution in Mauritius, announced a long-term, multi-year partnership to enhance MCB’s due diligence and monitoring processes linked to its commodity trade finance business.

To celebrate Chinese New Year, global end-to-end payments provider Paysend has announced that the company is waiving international money transfers fees for funds sent to recipients in China through March 31, 2021.

Avelacom, the low latency connectivity, IT infrastructure and data solutions provider for global financial markets, continues to enhance global trading speeds, through the deployment of a new point-of-presence (PoP) in San Jose, California. The new PoP is located in Equinix SV1, San Jose data center and Avelacom has also set up AWS Direct Connect aimed at providing direct access to AWS-based crypto trading platforms, pricing feeds and other critical trading applications via private network rather than over public internet.

NYMBUS®, a leading provider of banking technology solutions, today announced a $53 million financing round led by existing investor Insight Partners - notable for backing ScaleUp SaaS companies with capital and operational support.