With the financial services sector in the middle of budgeting season, retail banks and building societies need to take a fresh look at all of their vendor costs – especially those they input without a second thought. With a possible £6bn in savings up for grabs, time is of the essence to secure budgetary success not only for the year ahead, but beyond.

Identity platform grew eightfold in the UK compared to previous year, continues to see increasing demand for its solutions.

As cyber crime soars, IDnow, a leading platform-as-a-service ID Verification provider, has grown eightfold year-over-year in the UK market.

IDnow’s UK growth is aligned with the global demand for its solutions. The firm is seeing substantial interest across the world, with more and more companies deciding to switch to fully digital application processes.

Spice Money, India’s leading rural FinTech announced that it has been awarded the Great Place to Work Certification which is one of the most definitive ‘employer-of-choice’ recognitions. Spice Money’s incremental efforts towards creating a transparent work culture along with its key focus on learning & development initiatives have played a major role in making Spice Money a ‘Great Place to Work’. Through the certification, Spice Money is moving one step closer towards becoming the most admired Rural FinTech brand in the country.

Artificial Intelligence Journey, Sber’s international three-day online conference on  artificial intelligence (AI), opens today, November 10. Held by Sber in collaboration with  top Russian and foreign technology companies over three days, the conference is one  of the key events of the Year of Science and Technology in Russia. 

MFS Africa, Africa’s largest digital payments network, has raised US$100 million through an equity and debt financing round. The fundraising marks another milestone in MFS Africa’s expansion, following a series of acquisitions and investments in other African fintechs, including the recently announced acquisition of Baxi in Nigeria. 

https://youtu.be/SqdPGa4ZfkE

Overview:

Watch the video for a summary of this week’s news releases and a complete top down analysis of the AUDJPY. In this video I review the potential weekly double top pattern forming at the 85.80 monthly resistance level.

AUDJPY Monthly:

Monthly support at 77.85, resistance at 85.80.

Monthly chart is in an uptrend showing higher tops and bottoms. This month price is selling off from the 85.80 monthly resistance level.

 The Government Actuary's Department (GaD) has been hit by an average of 24,740 malicious emails a month. The data, obtained and analysed by a Parliament Street think tank via a Freedom of Information (FoI) act request, revealed that a total of 74,221 malicious emails, including phishing, malware and spam had been sent to the GaD over July, August and September 2021.

You may remember I previously asked the question,

what if China's and the US property markets declined at the same time?

     66% of finance organisations are prioritising Digital Workspace solutions in the year ahead –

• 14% now say sustainability is key to their IT decision making –

A new report from Softcat offers an exclusive snapshot of the finance IT landscape and what technologies organisations are prioritising in the year ahead.

The findings are based on the views of nearly 1,250 organisations in the UK and Ireland, across 23 industries including finance.