Recent years have witnessed a surge in the number of digital bank users, with millions of people choosing app or web-based bank over a traditional high-street financial institution.

Contour, the Singapore-based open trade finance blockchain network, has announced the appointment of Joshua Kroeker as its Chief Product Officer. Joshua joins Contour as an experienced industry leader and advocate for the use of blockchain to digitise trade finance, as evidenced by his most recent role at HSBC as their global lead for blockchain within their commercial bank.

VALK, an innovative technology provider offering a software that digitizes the management, investment and trading of unlisted assets, today announced that it has joined the BT Radianz Cloud, one of the world’s largest secure cloud communities for the global financial markets.

Fintech-as-a-Service company Rapyd has today launched in the UK, offering businesses its all-in-one, full-stack payment solution.

Through Rapyd’s solution, businesses will have access to payment methods including cash, bank transfers, e-wallets and cards. In addition, the solution facilitates payments locally, and across borders for companies of any size, through one single API, reconciliation process, and contract.

Integral, the technology partner trusted by leading banks, brokers, and asset managers to help them outperform their competition in the foreign exchange market, reported today average daily volumes (ADV) across Integral platforms totaled $32.6 billion in May 2020.  This represents a decrease of 7.1% compared to April 2020, and an increase of 6.9% compared to the same period in 2019.