Leading digital broker Stake is again breaking barriers for retail investors in Australia with the launch of a brand new product, Stock Lending. Investors will be able to earn passive income on the U.S. stocks they hold with Stake by having them lent out through the securities lending market. 

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Creating a business is tough but maintaining a business and making it successful is even tougher. According to Business 4 Beginners, at least one in five (20%) start-ups fail within their first year. By year three, more than 60% of new businesses have failed. That doesn’t mean you’ll fail. What it does mean, however, is that success can be hard to come by and that surviving, based on the statistics, is tough.

Satchel.eu announces the launch of a partnership with the Plastics for Change initiative to prevent plastic pollution and support social change.

ACA Group (ACA), the leading governance, risk, and compliance (GRC) advisor in financial services, announced that Marie Luchet has joined the firm as Managing Director of ESG, heading up the practice’s strategy and vision for Europe.

The UK’s Payments Systems Regulator (PSR) yesterday announced plans to carry out two market reviews focusing on card fees - one on scheme and processing fees, and the other on cross-border interchange fees.

Small business credit platform Tillful, backed by ING Ventures, Experian Ventures, Bitrock Capital, and Katalyst Ventures, announced today that it's partnering with Experian^® to help establish credit profiles for businesses that are new to credit or otherwise credit invisible and thereby potentially expand the range of credit options that can be made available to them. 

The UK has officially reached the milestone of 6 million open banking users, with the Open Banking Implementation Entity (OBIE) revealing that open banking payments are growing 500% year on year. At Tink, we expect this significant growth to continue to pick up the pace during 2022 and predict we’ll see 10 million official users by the end of the year. 

Andrew Elmore has been appointed as Chief Technology Officer at AutoRek. Elmore comes with significant experience as CTO of PagoFX and in C24 Technologies during its sale to Gresham in 2016. He has extensive financial services knowledge gained from previous roles including Head of Technical Architecture at PagoNxt, VP Engineering at Velo Payments and heading up development at SmartStream.
 

Impel and the XDC Network (XinFin) today announced the official launch of Impel, an alternative solutions platform for quickly and securely sending ISO 20022-compliant financial messages. It includes the option to add $XDC as collateral for instant settlement and a bridge to the R3 Corda platform for future-facing banks and fintechs.

Bybit, one of the world’s fastest-growing cryptocurrency exchanges, has announced the launch of its grid trading bot.

Bybit’s new grid trading functionalities will be available to all registered users on June 20. Bybit users will be able to utilize the grid trading bot to automate their buy and sell orders and adjust their investment amount.