Glue42, the company that delivers integrated desktop experiences to financial institutions globally, and Deephaven Data Labs, a start-up that provides capital markets participants with a next-generation data platform, are collaborating to reveal actionable insights from massive datasets. Initial use cases include more effective management of pre-trade

Over 20 new offerings announced including cloud OS upgrade and cloud-native database 

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today unveiled a new one-stop e-commerce livestreaming solution to help global merchants of all sizes launch live, interactive channels to offer personalised online shopping experience. Livestreaming e-commerce solutions are quickly evolving as a response to the increasing demand during the COVID-19 pandemic.

Yapily, the leading Open Banking infrastructure provider, has today announced the launch of its new Open Banking bulk payments service, with Comma, the SME payments platform, already live and benefiting from the service in the UK. 

 Reach, the global payment localisation provider, has appointed Tyler Barry as Chief Technical Officer to support the business’ continued success throughout 2021 and beyond.

Finastra today announced that Arkéa Banking Services, a subsidiary of Crédit Mutuel Arkéa and a major player in the provision of banking and insurance services in France, has selected Finastra’s Fusion Risk solution to help streamline operational processes and reduce operational costs for local banks.

ING today announced that Stemly, a software as a service platform, is the first initiative to be spun out of ING Labs Singapore. To enable accelerated growth and to pave the way for an independent future for Stemly, venture capital fund Elev8, ING Ventures and EDB New Ventures, the corporate venture building arm of EDB, along with other investors, will invest US$2.5 million into the venture. 

Research conducted by Celent on behalf of Icon Solutions and MongoDB has revealed the bank data services that corporates will pay for, and the ones they consider table stakes.

Revelock , a pioneer in behavioural biometric based online fraud prevention, has today announced it is partnering with Sionic, the global financial services consultancy, to help banks and financial services providers around the world take a more proactive approach to detecting and responding to fraud.

Bolero International, the leading cloud-based trade finance digitisation experts announce the appointment of Vincent Acors as their new Trade Finance director for the Asia-Pacific region.

Based out of Bolero’s Singapore office, Vincent will be responsible for business operations and Bolero’s growth strategy to build on the company’s growing presence in the region.

Watch the video for a summary of today’s news releases, a review of the USD Index, and a complete Top Down Analysis of the GBPUSD.

GBPUSD Monthly:

Monthly support at 1.3514, resistance at 1.4229 and 1.4242.

Over the last 4 months price has been testing and holding at 1.4229 monthly resistance. Last week price retested 1.4229 and 1.4242 monthly resistance and sold off.