UTP Group, a European card payment solutions provider, is urging small businesses to be vigilant in the face of fraudulent card payments accepted over the phone, and shares tips that SMEs can deploy to protect themselves and their customers.

The Mauritius Commercial Bank Ltd (MCB) is adopting MITECH’s system TRAC (Trade Risk Active  Control) to support a continuous and significant growth in its Commodity Trade Finance (CTF) business.  TRAC is a Trade Risk and Collateral Management system supporting Structured Trade Commodity  Finance. The TRAC solution handles not only Transactional Commodity Finance but Borrowing Base  structures as well.  

A new Juniper Research study found that the number of global eSIM module shipments will increase from 430 million in 2020 to 822 million in 2025; representing a growth of 90%.

Mphasis, an Information Technology solutions provider specialising in cloud and cognitive services, 

AUD Shines, COT Report Sees Further USD Selling

Digital transformation can mean different things to each financial institution (FI). For some, it’s a push to modernise legacy systems and acquire fresh talent. For others, a journey to adopt an organisational strategy that unites departments and teams. No matter the motive, nearly all FIs want the same result—to drive efficiency, revenue and cost savings. For many forward-thinking FIs, artificial intelligence (AI) is a key part of this process. 

Equity markets have started June on a positive note and, so far at least, are ignoring the fact that June is traditionally the weakest month of the year. Global equities rose 0.7% in local currency terms last week and are now some 1% above their high a month ago.

Bahrain-based Islamic FinTech provider, IFIN (Islamic Finance Initiation Network – www.ifin-services.com), has launched the first of its kind, real economy, automated Islamic financing platform. The secure, innovative technology connects retailers and Islamic finance providers, enabling them to offer consumers instant access to Islamic financing for purchases, at the point of sale. 

Vault Platform, the pioneering workplace ethics & compliance platform, has closed an $8.2 million Series A funding round to service demand from its fast-growing client base, drive Artificial Intelligence technology for misconduct reporting and expand its team.