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Fed Taper Talk Amidst Uncertain Economic Outlook Lifts Dollar

Loonie Extends Decline Post BOC, Euro Stays Soft Ahead of ECB

Friday, September 10, 2021 - 05:11
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Financial IT
7 Advantages of paying with bitcoin

Mining Bitcoins is a long and hard process, however, the result is of course fruitful when Bitcoins are found. The stages and all the downloading and inputs from different software it requires is not only time-consuming but also expensive.

The question then arises, is there an advantage to go through all that trouble just for Bitcoins?

Bitcoins over the years have gained so much popularity that not only are they invested as funds into businesses, but now a lot of companies and stores are also using cryptocurrency as a form of payment.

Thursday, September 9, 2021 - 20:19
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Financial IT
Ophelos Deploys Open Banking to Transform the Collections Process for Individuals Struggling with Debt
  • Ophelos partners with Credit Kudos to utilise Open Banking to make the collections process fairer, supporting individuals with debt to achieve better long-term financial health.
  • The partnership will enable the introduction of personalised, affordable repayment plans, creating a less stressful journey for individuals - with Ophelos already seeing 68% increase in customer satisfaction.
  • There is an acute need for a customer-centric debt collection model, as one in five financially vulnerable individuals are now in arrears.
Thursday, September 9, 2021 - 18:00
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/news/open-banking/ophelos-deploys-open-banking-transform-collections-process-individuals-struggling
Financial IT
Bank of Abyssinia – Ethiopia’s Leading Bank Partners with Xpert Digital to Implement Temenos Infinity and Create a customer-centric Digital Bank

Ethiopia’s leading bank partners with Xpert Digital (XD) to implement Temenos Infinity digital banking platform for retail and corporate banking

Bank of Abyssinia, Ethiopia’s leading and fastest-growing bank in the region, has announced its partnership with Xpert Digital (XD), a certified Temenos Professional Service Partner for the Middle East and Africa, to implement Temenos Infinity. XD will revamp the bank’s existing retail and corporate banking to offer feature-rich and innovative digital banking services for BoA’s customers across both segments.

Thursday, September 9, 2021 - 17:47
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/news/banking/bank-abyssinia-ethiopias-leading-bank-partners-xpert-digital-implement-temenos-infinity
Financial IT
Drawbridge Amplifies 2021 Success with Senior Strategic Hires

Deep FinTech Talent Added Across Multiple Areas as Company Continues Hyper Growth

Drawbridge, a premier provider of cybersecurity software and solutions to the alternative investment industry, today announced it has added three industry veterans to bolster its business development, strategy and operations teams. Drawbridge continues to invest in premier talent to drive exceptional customer service, meet new client and market requirements and continue to scale the business through a period of hyper growth.

Thursday, September 9, 2021 - 17:38
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/news/security/drawbridge-amplifies-2021-success-senior-strategic-hires
Financial IT
Altada Technology Solutions Appoints Brian McElligott as Chief Intellectual Property Counsel

 Altada Technology Solutions (“Altada” or the “Company”), a global provider of Artificial Intelligence (“AI”) solutions that solve real-world challenges to create measurable impact, announced today that Brian McElligott has been appointed Chief Intellectual Property Counsel. In this role, Brian will shape and deliver the Company’s Intellectual Property (“IP”) protection and exploitation strategy in the U.S. and Europe and lead the Company through anticipated and complex international AI regulatory frameworks, particularly in Europe.

Thursday, September 9, 2021 - 17:25
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/news/artificial-intelligence/altada-technology-solutions-appoints-brian-mcelligott-chief
Financial IT
Mastercard Acquires CipherTrace to Enhance Crypto Capabilities

Security and Fraud Detection Provide Additional Transparency and Support for Digital Assets Ecosystem Latest Investment Helps Company Accelerate and Expand Crypto-Related Strategy

Thursday, September 9, 2021 - 17:12
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/news/payments/mastercard-acquires-ciphertrace-enhance-crypto-capabilities
Financial IT
Global X ETFs Releases Two Thematic ETFs on a Single Day giving Investors Exposure to Clean Energy

Despite the COVID-19 pandemic, renewable capacity in 2020 expanded by 260GW, an increase of more than 45% from 2019. Looming renewable energy policy deadlines are likely to push this growth even further. Motivation amongst investors to join the trend for thematic investment strategies remains high. As one of the key players in the field of thematic investing, Global X ETFs is releasing two new ETFs at the same time that track companies advancing solar and wind energy technologies expected to fight against global warming.

Thursday, September 9, 2021 - 17:07
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/news/covid-19/global-x-etfs-releases-two-thematic-etfs-single-day-giving-investors-exposure-clean
Financial IT
Aquila Acquires Infinity Enterprise Lending Systems

Aquila, a division of Constellation Software Inc. [TSX:CSU], announced today that is has completed the acquisition of Infinity Enterprise Lending Systems (“Infinity Software”).

Founded in 2000, Infinity Software provides category-leading loan management systems to alternative credit lenders. Its flexible all-in-one platform makes it easy for lenders to process loans, grow their customer base and scale their business.

Thursday, September 9, 2021 - 16:55
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/news/lending/aquila-acquires-infinity-enterprise-lending-systems
Financial IT
ADDX Tokenises XM Studios Investment, After Heliconia Backs The Luxury Collectibles Maker

Deal anchored by Heliconia Capital provides exposure to fast-growing company XM Studios, that holds intellectual property licenses from global brands such as Marvel and DC Comics

Thursday, September 9, 2021 - 16:41
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/news/fundraising-news/addx-tokenises-xm-studios-investment-after-heliconia-backs-luxury-collectibles
Financial IT

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