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FX Becalmed; Dollar Flat, Turkish Lira Sours, Tumbles to All-Time Low

EUR Climbs, GBP Slips, AUD Flat, EMFX Mixed, Bond Yields Drop

Summary: Currency markets were becalmed in early Asian trade on Monday. The only action was on the Emerging Markets with the Turkish Lira hitting an all-time low. Against the US Dollar, the TRY (Turkish Lira) hit a record low of 9.85 so far in early Asia.

Monday, October 25, 2021 - 14:00
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Financial IT
Accounting Tech Firm iplicit in Record Growth as It Prepares to Welcome 30,000 Users by 2025

Award-winning accounting software firm iplicit is on-track to onboard six-times the amount of active daily users taking advantage of its true cloud solution – in under four years.

Monday, October 25, 2021 - 13:55
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Financial IT
Getsafe receives European Insurance License

The digital insurer Getsafe received its insurance license from Germany's financial regulator, BaFin. The license will allow Getsafe to accelerate its expansion to the rest of Europe.

Monday, October 25, 2021 - 13:54
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/news/insurance/getsafe-receives-european-insurance-license
Financial IT
ControlUp Wins Gold for Best Product to the Reduce the Impact of COVID-19 at Globee® 2021 International Best in Business Awards

ControlUp, the industry leader in Digital Employee Experience management announced today that the Globee® Awards, organizers of world’s premier business awards programs and business ranking lists, has named ControlUp a Gold winner in the 8th Annual 2021 International Best in Business Awards. ControlUp’s employee Digital Experience Management platform was recognized as the Best Product to Reduce the Impact of COVID-19.

Monday, October 25, 2021 - 13:52
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/news/management/controlup-wins-gold-best-product-reduce-impact-covid-19-globeer-2021-international
Financial IT
CreditEnable wins UK’s Rise Fin-Tech of the Year at Barclays Entrepreneur Awards

Barclays has announced CreditEnable as a winner at the 2021 national Barclays Entrepreneur Awards.

CreditEnable was named as the UK’s Rise Fin-Tech of the Year, which recognises a company that is leading the way as a FinTech disruptor and is building the future of financial services.

Monday, October 25, 2021 - 13:48
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/news/artificial-intelligence/creditenable-wins-uks-rise-fin-tech-year-barclays-entrepreneur-awards
Financial IT
Compass Plus Shortlisted in the Banking Tech Awards 2021

Compass Plus has made the final shortlist at the Banking Awards 2021 in recognition of its notable contribution to the industry to help fight the Coronavirus pandemic – aiding and supporting companies/individuals from the industry ecosystem economically, socially, and financially.

The ‘COVID-19 Response by Fintechs’ category recognises leading payments software providers that adapted their operations to meet and exceed the needs of their customers at a time when the world came to a halt in 2020.

Monday, October 25, 2021 - 13:19
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Financial IT
Taulia Appoints Todd Musselman as Chief Wellbeing Officer

Taulia, the leading fintech provider of working capital solutions, has today announced the appointment of Todd Musselman as Chief Wellbeing Officer, reflecting the business’ commitment to prioritizing employee wellbeing, happiness and development.

Monday, October 25, 2021 - 12:59
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/news/management/taulia-appoints-todd-musselman-chief-wellbeing-officer
Financial IT
Build to Rent Top Target for Tenant Fraud With 364% Rise in Fraudulent Applications in Past Six Months, Saving Landlords Almost £1.6m

The Build to Rent sector is being targeted by fraudsters with a 364% rise in fraudulent tenant applications in the past six months, according to data from tenant due diligence and guarantee firm Homeppl. To correlate with this upward trend, the detection of fraud in this space has seen a significant increase in value, meaning landlords are ultimately saving £1.59m from not accepting fraudulent applications.

Monday, October 25, 2021 - 12:40
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/news/financial/build-rent-top-target-tenant-fraud-364-rise-fraudulent-applications-past-six-months
Financial IT
Chargebacks911 Appoints Ex Ingenico CRO and Payments Powerhouse David Jimenez, to Chief Revenue Officer

Leading dispute technology specialists, Chargebacks911, today announces the appointment of fintech workhorse and strategic leader, David Jimenez, as Chief Revenue Officer (CRO). In his new role, David will be responsible for expanding Chargebacks911’s footprint and go-to market strategy, further aligning the business to meet the growing demand for back-office automation technology in disputes handling, merchant onboarding, and post transaction fraud management.

Monday, October 25, 2021 - 12:25
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/news/people-moves/chargebacks911-appoints-ex-ingenico-cro-and-payments-powerhouse-david-jimenez
Financial IT
Sysnet Global Solutions® Acquires Securetrust™, a Division of Trustwave®, to Expand Security Solutions and Geographic Coverage

Acquisition expands Sysnet’s commitment to delivering cyber security and compliance solutions to organizations globally; the combined organization will be world’s largest QSA company 

Monday, October 25, 2021 - 12:12
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Financial IT

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