• Bank of America pledges £1.2m to the University of Oxford to support ground-breaking greenhouse gas removal and sustainable finance research at the Smith School of Enterprise and the Environment.

• The collaboration will support 3 years of research focussed on 2 key areas and will also support a Director’s Research fund, that will enable the School to seize pioneering sustainable research opportunities. 

 Wilshire, a global investment technology and advisory company, today announced that CrossTower, Okcoin, and eToroX have been promoted from ‘watchlist’ to ‘contributing’ exchanges.

The supply chain industry is the new fintech. Do you want to know why? No other field creates such a large potential for reducing costs and increasing profits as the supply chain industry. The art of moving and storing materials and goods around the world has been data-driven, even before the phrase data-driven became a must-have on every startup press release. Even more so now, this data can be read, analysed, and made effective for a price affordable to almost any business on the market. That's why the supply chain industry is the next big thing. But first….

 GoldenSource, the leading independent provider of Enterprise Data Management (EDM) and Master Data Management (MDM) solutions, has announced the addition of new capabilities and data sources to its GoldenSource ESG Impact solution, with greater access to raw ESG data, more nuanced portfolio screening and tuning, advanced analytics features including greenhouse gas (GHG) scenarios, and further support for the European ESG Template (EET).

EUR Extends Slide; AUD, NZD Hover Near Yearly Lows; EMFX Dip

Volumes decreased -13.1% month-on-month and +15.0% year-on-year.

Integral, a leading technology company in the foreign exchange market, reported today that customers’ average daily volumes (ADV) across Integral platforms totaled $49.8 billion in April 2022. This represents a decrease of -13.1% compared to March 2022 and an increase of +15.0% compared to the same period in 2021.

Tumelo, a UK startup that helps investment platforms and pension providers give investors insight into which firms their money is being put into, and a voice on issues such as board diversity and climate change, has raised $19 million. The Series A round was led by fintech venture fund Treasury

Terry Angelos, Visa's global head of crypto and fintech, is quitting the card scheme to join fractional investment trading platform DriveWealth as CEO. DriveWealth’s APIs are utilised by over 100 global fintechs, challenger banks, and digital wallets - such as Block's Cash App and Revolut - to purchase fractional shares of US equities.