According to Central Bank of Brazil analysts, Brazilians have purchased more than $4B worth of cryptocurrencies so far in 2021 alone. It is expected that the number could reach as high as $8B in 2022. The purchases have not been the result of significant spiking activity, either. Each month since January, purchases have reached more than $350MM, though they reached more than $750MM in the month of May.

Investment underpins CFC’s global insurance platform, cyber leadership and the significant growth potential of emerging risk insurance 

 Leading UK-based fintech CFC announced today a major investment joint-led by EQT and Vitruvian Partners, two of Europe’s leading private equity firms.

Minsait will enable banks in Europe and LATAM to quickly launch new digital banking services using Temenos open cloud banking platform

Square Marketing and Square Loyalty are the latest products to expand Square’s connected ecosystem in the UK

Square has announced two new tools in the UK to help businesses grow their sales and engage customers with just a few clicks. The two tools, Square Marketing and Square Loyalty, are now available as separate subscriptions for UK businesses of all types and sizes. 

Older generations are more perceptive to new financial technology following the pandemic.

Over two thirds (65%) of over 65s are open to using new financial services or payment methods that make it quicker and more convenient for them.

Some 47% of over 65s say their expectations of better payment experiences is a result of doing more online shopping during lockdown restrictions.

Bank joins Wavecrest Growth Partners, BNY Mellon, Citi Ventures, PostePay (Poste Italiane) and Visa Inc. as investors to fund continued growth and expansion

Technologies and solutions to make cloud smarter, greener and more inclusive

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today unveiled at the Apsara Conference 2021 its plan to set up two new data centres in Korea and Thailand to assist local enterprises in their digital innovation journey, in addition to unveiling a slew of products and solutions. 

Continuous commitment in Asia-Pacific

LUNA POS Terminal is the world’s first payment solution to offer both contactless facial recognition payments and traditional card payments to consumers

Softing Industrial introduces smartLink SW-HT – a HART multiplexer software for accessing configuration and diagnostic data via Emerson's AMS Device Manager or other HART IP-enabled plant asset management applications. Version 1.10 supports Allen-Bradley controllers and remote I/Os in addition to Schneider Electric M580 controllers and drop I/Os.