•  One in four (26%) lenders currently use Open Banking, with adoption set to skyrocket in next two years.

JCB Co., Ltd., Japan's only international payment brand, and Datachain has started a demonstration experiment on interoperability between different blockchains(*1) to build a "digital currency exchange platform".

• Antler has been invested in The UK since 2019, and plans to invest in at least 70 companies from its first fund. 

• The global venture capital firm’s core focus is backing tech startups at early-stage, but it will now also invest in companies from Pre-Seed to Series C.

• Antler invests in both talented individuals and pre-seed stage companies through its cohort model. The next London cohort will launch in February 2022. 

Consumers continue to transact online and the trend is not diminishing 

The pandemic-accelerated increase in digital transactions is here to stay and businesses must continue to transform their operations as they head into 2022. According to Experian’s latest Global Insights Report, there has been a 25 percent increase in online activity since Covid-19 and that number continues to hold steady.  

Summary: Risk appetite increased after vaccine makers Pfizer and BioNTech said that a third shot may be effective in fighting the omicron variant according to results from a lab study. The VIX Index, a popular measure of volatility based on the US S&P 500 Stock Index, and often referred to as the “fear gauge” slid 9% to 19.90 from 21.89 yesterday. Ahead of tomorrow’s US CPI report, the treasury bond yield curve steepened. The US 10-year bond rate climbed to 1.51% (1.48%) while the 2-year treasury yield eased 2 basis points to 0.67%.

US Mortgage Applications had very modest growth against a backdrop of a severe weakening trend. Still, no one speaks of the current situation in the USA as being a property bubble. This is because everyone religiously believes in the idea that if there is free money to be had, near zero rates and bond buying, then property and even the stock market are both safe. The argument has merit as it in back of the huge asset price growth of the past 18 months or so from the pandemic sell-off lows.

– Murex completes transformational project with major city commercial bank institution in China –

Bank of Hangzhou has completed a successful go-live on the MX.3 platform in close collaboration with Murex, the global leader in trading, risk management and processing solutions for capital markets.

Bank of Hangzhou now uses MX.3 across asset classes for capital markets activities, from front-to-back-to risk management, leveraging a localized solution specifically packaged for the China market and eliminating the need for reconciliation across multiple IT systems.

Better sharing of fraud and purchase details between merchants and issuers will enhance the customer experience

GoldenSource, the leading independent provider of Enterprise Data Management (EDM) and Master Data Management (MDM) solutions, has launched version 8.8 of GoldenSource EDM – its data management platform – providing faster value from data, greater automation through AI and ML, a mobile user experience and the option to run it on a PostgreSQL open source database.

Clausematch reflects on recent success as it becomes a RegTech100 Company

Clausematch is delighted to be selected for the fifth annual RegTech100 list. This list recognizes the world’s most innovative technology solution providers that offer products and services in the areas of compliance, risk management, information security and financial crime. Preceding this achievement, in the last two months, Clausematch has announced its new strategic document modification functionality as well as partnerships with Barclays, PensionBee, and Ingenia.