News Centre

Shenzhen Stock Exchange Market Bulletin - May 17-21, 2021, Issue 52

Date 25/05/2021

Click here to download Shenzhen Stock Exchange's market bulletin, Issue 52.

Temenos And FirstOntario Credit Union Make Banking Better With New Digital-Only Financial Arm, Saven

Date 25/05/2021

• Saven Financial, a division of FirstOntario, delivers a unique saving option to the 13.6 million people living in Ontario – Canada’s largest province
• Temenos’ front-to-back technology enables Saven to create a fully digital brand that challenges how financial institutions think about banking, with profits re-invested into community initiatives selected by members
• Temenos is the de facto technology platform of choice for 60 digital challenger banks around the world that want to launch fast and innovate continually

DWF Acquires Leading Compliance Training Business, Zing365

Date 25/05/2021

DWF, the global provider of integrated legal and business services, has today acquired Zing365, a leading compliance training and professional development business, to further extend its Connected Services offering.

UK Financial Conduct Authority Response To Amigo’s Scheme Being Rejected By The High Court

Date 25/05/2021

The Court has refused to sanction the Scheme of Arrangement proposed by Amigo (the Scheme). The FCA had objected to the proposed Scheme and is now carefully considering the Court’s judgment and Amigo’s response.

Securities Commission Malaysia - UNCDF Driving Islamic Fintech Innovation Ecosystem With FIKRA Accelerator Programme Global Call For Submission Kick-Starts Today!

Date 25/05/2021

The Securities Commission Malaysia (SC) and the United Nations Capital Development Fund (UNCDF), through its Centre for Financial Health programme, today launched an innovation programme to develop a vibrant Islamic fintech innovation ecosystem in Malaysia’s Islamic capital market (ICM).  

New Zealand Financial Markets Authority: Thousands Of Young New Zealanders Missing Out On Investment Returns

Date 25/05/2021

The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko - is urging young New Zealanders to check they’re in the right KiwiSaver fund. The call follows data indicating over 12,000 KiwiSaver members aged 26-35 years old are sitting in lower risk or conservative funds after switching from higher growth funds during COVID-19 market volatility last year.

CredAvenue Goes Live On MonetaGo Secure Financing Network

Date 25/05/2021

CredAvenue, a new age debt marketplace and part of Vivriti group, has gone live with MonetaGo’s invoice fraud prevention solution. MonetaGo will enable CredAvenue to prevent the risk of double financing of invoices and help with verifying the genuineness of the invoices and eWay Bills submitted for financing.  

PayMyTuition Supports Strategic Expansion In China With Selection Of Fiserv To Enable Local Payment Methods For Overseas Service - PayMyTuition And Fiserv Will Enable Students To Pay Overseas Tuition Fees Using Preferred Payment Methods Such As Alipay And WeChat Pay

Date 25/05/2021

• PayMyTuition and Fiserv will enable students to pay overseas tuition fees using preferred payment methods such as Alipay and WeChat Pay
• Education institutions and enterprises outside China will benefit from payment settlement in their local currency

40th Annual Government-Business Forum On Small Business Capital Formation, SE Commissioner Hester M. Peirce, May 24, 2021

Date 24/05/2021

Thank you, Martha [Miller].  I am pleased to be here on the first day of our fortieth annual Government-Business Forum on Small Business Capital Formation.  These events are a wonderful opportunity to bring people together to discuss the nuts and bolts of capital formation, a topic of heightened importance this year as the economy begins the long transition back from virtual to in-person.  With that transition, we hope that small businesses that have held on through the pandemic will regain momentum.  We also look forward to seeing new businesses, the brainchildren of entrepreneurs stuck at home during the pandemic, get off to a strong start. 

ISDA: The Role Of Financial Markets And Institutions In Supporting The Global Economy During The COVID-19 Pandemic

Date 24/05/2021

The COVID-19 pandemic arrived suddenly in a world that was unprepared for such an event and impacted the global economy severely and at pace. While global markets have become accustomed to economic shocks over the past century, the COVID-19 pandemic crisis was different in one material respect – it stemmed from a global health crisis that quickly morphed into an economic crisis.