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MONETA Wins Celent Model Bank 2022 Award For Card Modernisation Initiative With Fiserv - Shift To An Outsourced SaaS Approach Anticipated To Reduce Operational Costs By 30% While Furthering Bank’s Digital Transformation Strategy

Date 17/03/2022

MONETA Money Bank, one of the largest banks in the Czech Republic, has won a Celent Model Bank 2022 Retail Payments Transformation award for its card modernisation initiative. The strategically planned and precisely executed initiative, undertaken with Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology, will enable the bank to cut operating costs by 30% within five years and further its digital transformation.

Bitfinex Lists Gala Games Amid Crypto Gaming Boom

Date 17/03/2022

Bitfinex, a state-of-the-art digital token trading platform, has listed Gala (GALA), a decentralized gaming ecosystem. The addition of GALA broadens Bitfinex’s support for gaming tokens, a sector poised for significant growth this year amid an explosion of interest in digital gaming and Non Fungible Tokens (NFTs).

X-Margin’s Credit Evaluation Will Reduce The Inherent Risk Of DeFi Lending By Providing Greater Visibility To Lenders Using The Atlendis Protocol

Date 17/03/2022

Atlendis, a capital-efficient DeFi lending protocol that enables crypto loans without collateral, is partnering with X-Margin, the credit oracle risk engine for trading firms and institutions, to enable capital-efficient crypto borrowing and lending. The partnership will accelerate the adoption of uncollateralized loans on the blockchain, by using proven methodologies to reduce the inherent risk of DeFi lending.

ETC Group And HANetf Launch Europe’s First Metaverse ETF Tracking Solactive Index

Date 17/03/2022

The Metaverse has already attracted billions of dollars of investment, with the potential of $8.3 trillion total consumer expenditure in the US alone and a potential market size of $12 trillion globally – according to banks, Morgan Stanley1 and Goldman Sachs2. Many big techs start to see this revolutionary concept as their next direction of development. Now Solactive is pleased to announce that HANetf and ETC Group have launched the first metaverse thematic ETF in Europe, the ETC Group Global Metaverse Equity UCITS ETF (ticker: METR), tracking Solactive ETC Group Global Metaverse Index (Net Total Return).

BME And BBF Fintech Launch The Second Edition Of Hack & Disrupt! And Leverage Bilbao As A Fintech Innovation Centre

Date 17/03/2022

• The hackathon, during which challenges on sustainable finance will be solved on 1 and 2 April in Bilbao, will award 5,000 euros in prizes
• The second edition leverages the Bilbao financial centre as a hub for innovation and technological discussion in the financial sector

BIS: Anchoring Of Inflation Expectations: Has Past Progress Paid Off?

Date 17/03/2022

Key takeaways

• In the decade before the pandemic, inflation expectations became less volatile worldwide, as well as more consistent with inflation targets and less sensitive to inflation surprises.
• This progress has paid off for many economies during the past year's surge in inflation: long-term expectations have remained largely anchored, but with notable exceptions.
• Anchored expectations provide room for monetary policy manoeuvre, but how strongly they remain anchored will depend on central banks keeping inflation in line with their stated objectives.

Deal Activity In Asia-Pacific Down By 16.8% In February 2022, Finds GlobalData

Date 17/03/2022

The ongoing global geopolitical issues and volatile market conditions continue to pose downside risk to the deal activity (mergers & acquisitions [M&A], private equity, and venture financing deals) for the second consecutive month across the Asia-Pacific (APAC) region. As a result, deal activity has taken a 16.8% hit during February 2022, reveals GlobalData, a leading data and analytics company.

EDI Increases Its Coverage In Global Market And Public Holidays Service

Date 17/03/2022

Exchange Data International (EDI) announced today their Global Market and Public Holidays service has expanded to include provinces, regions and city-based holidays.

BNP Paribas Asset Management Launches Medical Technology And Green Hydrogen ETFs

Date 17/03/2022

BNP Paribas Asset Management (‘BNPP AM’) announces the launch of thematic index funds focused on medical technology (‘med tech’) and the sustainable green hydrogen economy, both of which integrate an ESG approach.  Listed since 17 March 2022 on Euronext Paris and the Deutsche Börse Xetra, these new funds broaden BNPP AM's range of thematic ESG ETFs, including low carbon, circular economy, blue economy, green real estate and sustainable infrastructure.

TP ICAP To Launch Award-Winning Fusion FX Electronic Trading Platform In Singapore

Date 17/03/2022

TP ICAP Group, a leading electronic market infrastructure and information provider, today announced that it will launch an electronic Foreign Exchange trading platform in Singapore, with support from the Monetary Authority of Singapore (“MAS”).