Tata Communications today announces its financial results for the quarter ended September 30th, 2020.

Highlights|Q2 FY2021

Data services portfolio

·      Robust growth in Data business; revenue grew by +7.2% YoY on the back of strong performance across segments.

Bittrex Global (Bermuda) Ltd. has announced the launch of leveraged tokens under the supervision of the Bermuda Monetary Authority (BMA). Leveraged tokens as a product are aimed at institutional investors and experienced traders looking to increase their exposure to cryptocurrency markets.  

Global supply and demand remain unsettled as pandemic recovery struggles forward with a still-uncertain future. Disruption continues to stoke FX volatility, further clouding the future as treasurers and other corporate finance professionals navigate uncertain cashflow and dangerous liquidity risks.

BMLL, the award-winning data and analytics company, today announced that BMLL Data Feed will be available to US market participants via Crux Informatics (“Crux”), the data delivery and operations firm that helps companies reliably get the data they need, how they need it and where they need it.

EBANX, fintech company specialized in payment solutions for Latin America, announced the Push LatAm, an initiative that comprises expansion of its operations to new markets in Central and South Americas; the offering of hybrid services within Latin American countries; and the launch of EBANX GO, a prepaid card that offers a digital payments account in a partnership with Visa, to other markets in the region besides Brazil; all within the next 12 months.

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The African internet economy is expanding quickly, with online commerce in the region growing 21% year-over-year, 75% faster than the global average. In order to help increase Africa’s online GDP, Stripe has entered into an agreement to acquire Paystack, a technology company based in Lagos that makes it easy for organizations of all sizes to collect payments from around the world.

An international study of over 1,000 senior professionals in the banking, lending, PFM, investment, and retail sectors by leading open banking provider Yolt Technology Services has revealed that over a third (35%) of Personal Finance Management (PFM) platforms aren’t using open banking technology. These businesses will face an urgent transition when screen scraping is phased out in Europe at the end of 2020 if they are to avoid major service disruptions.