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Finance & Markets

ConnectPay spins off core banking technology as independent product

Lithuanian fintech ConnectPay has spun off its inhouse AWS-native core banking platform, Serdis, as an independent commercial offering for EMIs and financial institutions.

We haven't written up this one. Finextra has the full story — the link below goes straight to it.

Read the original at finextra.com →

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Saudi Pipeline Outage Hits an Oil Market Running Out of Buffers

The war in Iran that had to be over and won by the United States in about six weeks is now in its seventh month and the oil markets are starting to crack.

  • Saudi East-West pipeline outage disrupts oil shipments
  • Market buffers exhausted, price spikes likely
  • Iran war disruption worsens oil market situation

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