EUR Extends Slide; AUD, NZD Hover Near Yearly Lows; EMFX Dip

Volumes decreased -13.1% month-on-month and +15.0% year-on-year.

Integral, a leading technology company in the foreign exchange market, reported today that customers’ average daily volumes (ADV) across Integral platforms totaled $49.8 billion in April 2022. This represents a decrease of -13.1% compared to March 2022 and an increase of +15.0% compared to the same period in 2021.

Tumelo, a UK startup that helps investment platforms and pension providers give investors insight into which firms their money is being put into, and a voice on issues such as board diversity and climate change, has raised $19 million. The Series A round was led by fintech venture fund Treasury

Terry Angelos, Visa's global head of crypto and fintech, is quitting the card scheme to join fractional investment trading platform DriveWealth as CEO. DriveWealth’s APIs are utilised by over 100 global fintechs, challenger banks, and digital wallets - such as Block's Cash App and Revolut - to purchase fractional shares of US equities.

• Delio’s Advisory Board will consist of internationally recognised leaders from across banking, professional services, impact investing, technology and marketing.

• The Board will be chaired by Kevin Smith, a former senior partner at KPMG who also chaired their Global ‘Emerging Giants Centre of Excellence.’

What is open banking

Gresham Technologies (Gresham) today announced that next-generation digital B2B payments and banking services provider, Banking Circle, has adopted Gresham’s Control solution for cash reconciliation.

Solarisbank to provide customers with Italian IBANs and Visa debit cards 

● Business accounts offer cashback of up to 3%, the highest rate in Italy 

● FINOM’s 15,000 customers in Italy are now eligible for the new business accounts ● Accounts will help self-employed and sole traders to meet new regulatory requirements