The ongoing semiconductor shortage caught many businesses off guard as production of chips slowed down during the global pandemic. From domestic appliances to cars, almost every technological device relies on semiconductors, and the global shortage has taken its toll: car manufacturers idled their production lines1 or – on the more creative side – utilized dummy chips in their production, which will be replaced by functional semiconductors as soon as the capacity allows it2 .

Tata Consultancy Services’ SaaS Offering to Help the Leading South African Insurer Process Claims Faster, Offer Personalized Customer Experiences, and Drive Product Innovation

Recruitment is once again high on the agenda at Apex Litigation Finance as the company continues to fuel its growth strategy.

The company is continuing its flexible approach to its recruitment activity. Rather than advertise specific job roles, it is keen to hear from anyone who is excited about the company’s growth and direction, whether they have experience in litigation funding, artificial intelligence (AI), business development or fund management, or have a broader litigation background.

Colt launches unique proposition that provides comprehensive market data coverage for exchanges in Mainland China via Hong Kong

Colt Technology Services today announced the expansion of its portfolio of Market Data services to incorporate Mainland China. This new and unique proposition, available in Europe, North America and Asia, make Colt the only comprehensive provider of market data coverage for stock, futures and commodity exchanges across the country.

 Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, has entered into a strategic partnership with Signzy, a Bangalore-based banking workflow automation company, for financial services, to give further push to digital transformation of businesses across the UAE. With the support of Seed Group, Signzy aims to triple its growth in the region by the end of fiscal 2022.

The partnership comes at a time when the UAE is expediting tech transformation across government services and industries, as per the goals of the UAE Digital Government Strategy 2025.

The Forex broker OctaFX presents the test launch of its Apple iOS trading app in the Malaysian App Store. A complete app inauguration for all service regions will follow towards the end of 2021.

 International IT and fintech company Digital Wallet Group (DWG) has expanded into Singapore by acquiring licensed remittance and foreign exchange company RediMoney Express Pte Ltd (REPL). REPL is a subsidiary of Asia United Bank (AUB), a Philippine-based and publicly listed universal commercial bank. DWG's subsidiary, Digital Wallet Corporation (DWC), is the creator of Japan's first and most popular mobile remittance application, Smiles Mobile Remittance (Smiles).

Premier payments industry event returns to Salt Lake City in February in collaboration with the U.S. Payments Forum

Deployment to enable enhanced credit decisions, incorporating richer data and analytics

 Leading global AI-powered credit decision platform provider, Scienaptic AI, announced that Avail Finance has chosen to implement the company's credit decisioning platform to enhance their credit decisioning for India’s blue-collared workforce.