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A group of private sector professionals launched the Digital Pound Foundation, an organisation that aims to promote the development of the UK’s central bank digital currency (CBDC).
partnership, CBDC, central bank, digital currency, blockchain
ecommerce, real-time payments, Acquirer, POS, merchants, PISP, payment methods, mobile payments, BNPL, marketplace
The European Investment Bank (EIB) has approved EUR 7.8 billion of new financing to support investment by business impacted by COVID-19.
European Investment Bank, supply chain finance, trade finance, COVID-19, Europe, SME, funding, debt financing
Billon Digital Services, a fully owned subsidiary of Billon Group, has been testing blockchain storage and delivery of contracts for Tauron, an electricity provider based in Poland.
blockchain, DLT, smart contracts, automation, Poland, document management
Billon has been selected to participate in the Elevator Lab Partnership Program organised by Raiffeisen Bank International (RBI).
Elevator Lab Partnership Program, billion, fintech, RBI, banking, DLT, tokens, tokenisation, digitised euro
The jury of Raiffeisen Bank International’s (RBI) Elevator Lab has selected from 14 finalists six winners who will be allowed to participate in the third round of the Fintech Partnership Program.
Raiffeisen Bank International, RBI, fintechs, online banking, mobile banking, APIs, PoC, fraud prevention
Billon Solutions has obtained permission from the Polish Financial Supervision Authority to operate as a registered e-money institution.
Billon, e-money license, Billon Solutions, Polish Financial Supervision Authority, e-money institution, Poland, European Union, EU
Billon Group, a UK- based blockchain startup, has received EUR 2 million in new funding from Horizon 2020, a European Union research program.
Billon Group, Horizon 2020, blockchain, funding, ecommerce, startup, UK, Poland, Europe, DLT
Russia’s ecommerce market continued to grow at double-digit rates in 2016, even as offline retail was severely affected by the economic crisis.
Russia, ecommerce, international players, EWDN, EY, offline retail, online sales, commerce warehousing, fulfilment
Mohammed Alabbar, a businessman from Dubai, has entered into a partnership with Saudi Arabia’s Public Investment Fund to launch a USD 1 billon ecommerce platform, Noon, to dominate the region.
Noon, ecommerce, partnership, Dubai, Saudi Arabia, Mohammed Alabbar
Visa, a global payment company, plans to open an office in Côte dIvoire to help bringing the benefits of electronic payments to the economy and a broader range of consumers and merchants across the region.
Francophone Africa, Visa, card scheme, digital payments, financial inclusion, expansion, agenda