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Google Cloud Study: Cloud Adoption Increasing in Financial Services, but More Guidance Needed from Regulators

The financial services industry is evolving at a rapid pace, with shifting consumer expectations, new technologies, and developing regulatory requirements. Financial services firms need the right technology to help them stay agile and prepare for the future. 

The cloud is a key point of leverage for firms looking to improve performance across a broad range of activities. Moving to the public cloud can advance operational resiliency, improve staff productivity, increase regulatory compliance and enhance business model innovation. 

Thursday, August 12, 2021 - 15:21
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/blog/cloud-financial-services/google-cloud-study-cloud-adoption-increasing-financial-services-more
Financial IT
Survey Reveals UK is a Nation of Online Armchair Traders

UK retail investors favour trading and investing in stocks and shares online over low-interest savings accounts, and they prefer to do it themselves rather than use an IFA

According to the findings of a new survey, people in the UK are choosing to trade and invest in stocks and shares online rather than receive potential returns from savings accounts with all-time low-interest rates.

Thursday, August 12, 2021 - 15:09
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/news/trading-systems/survey-reveals-uk-nation-online-armchair-traders
Financial IT
Payoneer and FTAC Olympus Acquisition Corp. Complete Business Combination

Payoneer to begin trading today under ticker symbol PAYO

Payoneer Inc., the commerce technology company powering payments and growth for the new global economy, and FTAC Olympus Acquisition Corp., a special purpose acquisition company, announced on Friday that they have completed their business combination. The business combination was approved by FTOC’s shareholders at an extraordinary general meeting held on June 23, 2021..

Thursday, August 12, 2021 - 15:03
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/news/management/payoneer-and-ftac-olympus-acquisition-corp-complete-business-combination
Financial IT
Embedded Finance Innovator AREX Markets Joins Xero App Store

AREX Markets, the data-driven FinTech company that drives financing costs down for SMEs and enables them to get access to cash quicker, today announces its integration into the Xero App Store. 

Thursday, August 12, 2021 - 14:54
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/news/cloud/embedded-finance-innovator-arex-markets-joins-xero-app-store
Financial IT
11 Fintech Builders Join Mastercard Start Path Global Network to Scale Innovation

Mastercard opens door to startups around the world looking to grow platforms across open banking, predictive financial modeling for small businesses, smart rental payments and beyond

Thursday, August 12, 2021 - 14:40
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/news/fintech-startups/11-fintech-builders-join-mastercard-start-path-global-network-scale-innovation
Financial IT
Commenting on UK GDP and an Encouraging Economic Outlook

Commenting on UK GDP showing a positive uptick and an encouraging economic outlook, Douglas Grant, Director of Conister, part of AIM listed Manx Financial Group, said: "Today’s UK GDP data shows a positive uptick quarter on quarter and provides a more encouraging outlook for the UK economy going forward. However, the plight of UK small businesses and current default levels caused by the ongoing impact of the pandemic should be of real concern.

Thursday, August 12, 2021 - 13:09
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/news/banking/commenting-uk-gdp-and-encouraging-economic-outlook
Financial IT
1 in 4 Customers likely to Switch Banks due to ESG Issues
  • 44% of European customers rate environmental and social issues as ‘very important’ when choosing a bank
  • 18-24-year-olds are almost twice as likely to switch banks compared to those aged 55 and over
Thursday, August 12, 2021 - 12:23
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/news/banking/1-4-customers-likely-switch-banks-due-esg-issues
Financial IT
US Inflation Wild Cat

US INFLATION 5.4%

and going to stay high!

Thursday, August 12, 2021 - 12:22
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/blog/trading/us-inflation-wild-cat
Financial IT
Comments on RBI to Penalise Banks for non-availability of Cash in ATMs

Mandar Agashe, Founder, Vice-Chairman and MD, Sarvatra Technologies said:

Thursday, August 12, 2021 - 12:12
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/blog/cash-banks-atm/comments-rbi-penalise-banks-non-availability-cash-atms
Financial IT
Women have Bigger Portfolios: How Young Russians are Investing

August 12 is International Youth Day, a date designated by the United Nations General Assembly in 1999 to recall the role played by young people in development and peacebuilding. Sber timed its research on the investment habits of young people to coincide with this date.

Thursday, August 12, 2021 - 12:00
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/news/banking/women-have-bigger-portfolios-how-young-russians-are-investing
Financial IT

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