Today Saudi Stock Exchange (Tadawul) announced its progress across a range of far-reaching capital market reforms to enhance efficiency, corporate governance, and transparency. The reforms are part of the Exchange's efforts to further align Saudi capital market with international standards and make it more attractive to both domestic and foreign investors.

Today the Vietnamese mobile operator Mobifone and the mobile payments company Fortumo announced the launch of carrier billing on Google Play. Over 25 million Mobifone subscribers can now purchase apps and in-app content from the app store by charging payments to their phone bill.

Today Assetz Capital, one of the UK’s largest and fastest growing peer-to-peer finance platforms, revealed it was raising the interest rate on its popular 30 Day Access Account (30DAA) by 0.5% to 4.75% for a limited time. The 30DAA allows peer-to-peer lenders to invest automatically in loans and features automatic diversification to spread risk.

Mettrr Technologies has become the first company to provide financial returns for its crowd investors through a secondary share sale via a crowdfunding platform. It comes just six months after Crowdcube announced that it would pioneer secondary liquidity on its platform, delivering on its mission to help investors realise their investments. 

Today Starling Bank and Moneybox revealed their partnership providing Starling Bank customers with seamless access to Moneybox’s suite of saving and investing tools. Starling is the first digital challenger to join the list of banks supported by Moneybox for their innovative round ups feature.

Today the Consumer Financial Protection Bureau (CFPB) proposed to facilitate compliance with the 2015 updates to the Home Mortgage Disclosure Act (HMDA) rule. The changes proposed today would help financial institutions comply with the 2015 HMDA Final Rule by clarifying the information they are required to collect and report about their mortgage lending. 

An overwhelming 97% of businesses see IT as a strategic asset when it comes to branch retailing, according to the latest research from Zynstra, an enterprise-grade IT software provider. Seven in 10 respondents said IT could enable them to meet future demands by helping to reduce operating costs, speed up roll-out of new stores, support new business opportunities and streamline IT management.

The Vietnamese mobile operator Mobifone and the mobile payments company Fortumo are today announcing the launch of carrier billing on Google Play.

CIMB Group today announced the coming appointment of Olivier Crespin as the Chief FinTech Officer for its newly set-up unit, CIMB FinTech, which is a standalone unit that will actively explore new, innovative banking solutions.

Profile Software, an international financial solutions provider, today announced the latest upgrade in the FMS.next Alternative Finance platform, to offer enhanced capabilities for “Auto-investing” that further boost the marketplace lending processes.