GFT and Vodeno, a fully cloud-based Banking-as-a-Service  provider, aim to accelerate clients’ digital transition to new cloud-native technologies. Together  they will enable banks to significantly reduce IT and compliance costs while also enabling banks  to be more responsive, improving customer experience. For this purpose, the two companies  have formed a multi-year, global strategic partnership. As part of the agreement, GFT will  support Vodeno’s expansion with development, QA testing and implementation services.  

The global rollout of 5G technology happens three to four times faster than any other connectivity transformation. Expected to grow at a CAGR of 29.4%, the 5G services market is projected to reach a volume of USD 249.2 bn by 2026. This vast development will soon ensure global hyperconnectivity, amplifying the demand for wireless and cloud solutions.

NYMBUS®, a leading provider of banking technology solutions, today announced it has completed a significant financing round to advance the development of its new credit union service organization (CUSO), Nymbus CUSO.

Scality® today introduced ARTESCA, the lightweight, true enterprise-grade, cloud-native object storage solution designed for the needs of the Kubernetes era. ARTESCA’s modern approach, built on Scality’s 10 years of experience serving the most demanding enterprises on the planet, delivers the speed and reliability required by emerging workloads.

Diginex Limited (Nasdaq: EQOS), a digital assets financial services company, announced today that it has entered into strategic partnerships with algorithmic trading firm Kronos Research, and institutional liquidity provider Parallel.

As part of the partnerships, both Kronos and Parallel will serve as liquidity providers on EQUOS, the cryptocurrency exchange platform of Diginex, and become shareholders in Diginex. Fees paid by both partners will also secure them EQO, the unique exchange token of EQUOS.

B-cube.ai, a platform offering AI-driven bots for crypto trading, announces its partnership with Sumsub, an identity verification platform that covers KYC/KYB/AML needs. With this collaboration, B-cube.ai aims to secure investment with bank-grade KYC and accurate crypto monitoring technology.

OpenFin, the operating system (OS) for enterprise productivity, today announced the launch of OpenFin Workspace, a revolutionary product that accelerates the vision of a truly open ecosystem within the financial industry. OpenFin is now being used by 90% of global financial institutions and deploys more than 3,500 apps across 300,000 desktops.

Global FinTech Paysend today announced a collaboration with Plaid, a leading open finance platform and financial data network, to provide customers with a more streamlined experience in connecting and transacting from their bank accounts to Paysend’s money transfer app.

Iliad Solutions, a global leader in payments testing, is pleased to announce that Len Meyers has joined its team as Senior Business Development Manager – Americas. Meyers has 24 years’ experience building B2B relationships in the Commercial and Governmental markets, the last three years with FIS. 

Research conducted by the Consulting Services team at BSI has revealed that some organizations are struggling with the current data protection landscape, with many data transfers impacted by the UK’s exit from Europe and the invalidation of the EU-US Privacy Shield framework last year. With information resilience and cybersecurity being a top priority for many organizations in 2021 as remote working continues, staying alert to the evolving data compliance landscape is essential.

UK - EU data transfers post-Brexit