With the rise of automation and digitization, established and reputable organizations find themselves  under great pressure, and we can see how this impacts the banking industry globally, for there has been a  great deal of change that has given banks the opportunity to reevaluate their business models. Moreover,  the pandemic has been a major factor in accelerating the digital transformation process, challenging banks to rethink their business operations rather than just altering them. 

Leading payment orchestration platform IXOPAY has partnered with marketplace payout specialist, Payaut. This fully agnostic partnership will give marketplaces and platforms the independence and flexibility they need when it comes to their payment set-up.

Spectra Launches Vail, A Distributed Multi-Cloud Software that Unifies Data to Enable On-Premises Applications and Cloud Services – No Matter Where Data is Created or Stored  

Altum Faithful Investing has launched Altum Explorer, a professional web-based platform enabling investors to apply a faith-based filter to decide to what extent companies, in which they are considering investing, enter in conflict with Catholic teaching.

To enhance services to its clients and further automate operations across business lines, SBI SECURITIES Co., Ltd., one of Japan’s largest online securities companies, has expanded its business relationship with Broadridge Financial Solutions, Inc.  a global Fintech leader.

The same scenario saw worsening economic data, strong earnings and strong stock gains. The real world experience in the US right now is an entirely dysfunctional economy with a volatile labour market, supply chain disruption and extremely wary consumer behaviour.

US Housing Starts fell by 1.6%. 

We observed this several months ago  and the evidence only continues to build(not build) in the direction of a construction cooling.

• Leading global cruise company streamlines its global payments acquiring and processing services by choosing Worldpay from FIS as a preferred payments processing provider.
• Norwegian will also use Worldpay value-added services including customer authentication and advanced data analytics.

London-based fintech aiming to help thousands of first-time buyers and ‘second steppers’ on property ladder 

neo-lender Proportunity has raised £105m ($150m) investment through debt and equity funding as it aims to support more people achieve their UK home ownership dream. The new investment follows a £7.3m ($10m) funding round in 2020 for the London-based fintech. 

Over the past few months, non-fungible tokens or NFTs have skyrocketed in popularity, drawing more and more attention from investors.

According to data presented by Block Arabia, NFT trading activity surged by 940% YoY, with the number of active wallets reaching 179,000 last week.