Fresh from the launch of Visa Europe Collab in London earlier this month, the card scheme has exported the idea to Israel with the opening of an innovation hub in Tel Aviv.

eFront, a leading software provider of financial solutions for managing alternative investments, has announced that responsAbility Investments AG, a global leader in development investments, has chosen eFront’s FrontPM portfolio monitoring solution. FrontPM streamlines and automates the collecting of portfolio company data. For responsAbility, the eFront solution will allow the firm to grow efficiently while providing exceptional management for businesses and other assets in developing economies.

Almost two-thirds of senior treasury and finance professionals in the US and Latin America region said they feel more confident about their own business’s prospects in the next year. 62% answered 'yes' to the question 'Compared to last year, do you feel more confident about your business’s prospects in the next year?' A similar percentage – 61% – also said they feel more confident about the US's prospects in the year ahead.

The popularity of online food delivery services such as ‘Just Eat’ has Brits turning off their ovens and turning on their internet browsers in record numbers. 

According to Worldpay, takeaway only businesses have also seen online sales leap by 22% in the past year, as ordering online becomes the default option for hungry Brits.

 ABN AMRO Clearing will offer clearing services for the EURO STOXX 50® Variance Futures on Eurex. This future on the EURO STOXX 50® Index volatility is the onexchange complement to OTC variance swaps. These innovative contracts replicate the payoff profile of OTC variance swaps. The new contract offers exposure to the difference between implied versus realized volatility. It allows users to expand their equity portfolio hedging strategies. This hedging can now take place in a centralised order book, which gives greater price transparency. 

The eBay Foundation and Village Capital are running a three-month fintech accelerator for startups developing alternative technologies for serving low-income households and individuals.

CNS (Computer Network Systems) a Leading system integrator and solution provider of end to end payments solutions for banks in the Middle East signed a  new Master Value Added Reseller (MVAR) agreement with the US Based CSF International (CSFi) a leading global provider of ATM driving and management, electronic payment and transaction switching software.

Equinix will invest over $40 million to build the third phase of its second data center (HK2) in Hong Kong.

It will also build the ninth phase of its first data center (HK1) – to meet demand from cloud and content and digital media (CDM) companies for data center and interconnection services in Hong Kong.

The credit performance of Russian consumers reached a seven-year low last month, according to data from FICO, the predictive analytics and decision management software company, and the National Bureau of Credit Histories (NBKI), Russia's leading credit bureau. Continuing a three-year slide, the FICO^® Credit Health Index fell in April to 94 points, two points lower than January 2015 and 21 points lower than the peak of 115 in January 2012. The index is the lowest since the index began in October 2008.