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The EY organization has announced a partnership with o9 Solutions to provide advanced supply chain planning solutions backed by AI, ML, big data, and cloud computing.
partnership, supply chain finance, artificial intelligence, machine learning, cloud services
UK-based NatWest has launched a trial of ‘reverse vending machines’ designed to collect unused plastic cards in a secure manner so that they can be recycled.
product launch, sustainability , green finance, credit card, debit card, blockchain, payments , research, fraud prevention, banking
Fintech company EY has launched the EY Retail Intelligence solution that builds on the Microsoft Cloud to offer clients a fast and secure shopping experience.
product launch, partnership, customer experience, online payments, payment methods
The UK has enforced a tax exemption for foreign investors purchasing crypto through local investment managers or brokers starting from January 1, 2023.
crypto, regulation, cryptocurrency, investment, DeFi
EY has launched its fintech lab, based in London, with a second one planned in Edinburgh in 2023.
product launch, fintech, startup, financial crime, investment
everis, a consultancy that is part of the NTT DATA Group, has teamed up with the British Standards Institution (BSI), Bank of England, University College London (UCL), and the University of Edinburgh on Project FIRE (Future Infrastructure for Retail Remittances).
digital currency, CBDC, Token, Bank of England
Open Banking, Bottomline Technologies, Yapily, payment initiation, Open Finance
Pedro Eroles, FAS Advogados, Brazil, payments , fintech, innovation, PIX, Open Banking, regulation
fintech, Scotland, Global Open Finance Centre of Excellence, GOFCoE, Edinburgh, Central Belt, R&D, Open Banking, banking, data, UK Research and Innovation, Strength in Places Fund, University of Edinburgh, Financial Data and Technology Association, FDATA, Scottish Enterprise
‘How much for your coffee?’ 5 euros, 6 dollars … whatever the price, we might pull out local money, swipe a card, or maybe tap a smartphone to settle the bill. Someone watching from another century in the past would think it were magic.
coronavirus, innovation, banking, ecommerce, Amazon, internet, bank branches, digitalisation, travelling, VR, CBDC, Visa, frictionless, Tesla
The Oasis and Warehouse Group have informed suppliers that it will be delaying payment terms, to protect the business during the coronavirus outbreak.
Oasis and Warehouse Group, invoices, payments , suppliers, coronavirus
The Paypers sat down with Myles Stephenson, the Chief Executive of Modulr to chat about Payment-Accounts-as-a-Service and the latest advancements in commercial digital accounts for B2B payments
Myles Stephenson, Modulr, Payment-Accounts-as-a-Service, commercial digital accounts, B2B payments, Digital-first payment, B2B, B2C, commercial accounts, digital accounts, PSD2, Open Banking, EU, Europe, Payments As a Service platform, SEPA, CHAPS, SME
Modulr, the payments-as-a-service API Platform for digital businesses, has announced that it has completed an investment of GBP 14 million.
Modulr, investment, payments , corporate banking, API, expansion
Blockpass has joined the Open Identity Exchange to support even more the digital identity adoption.
Blockpass, Open Identity Exchange, digital identity
The cryptocurrency exchange HitBTC has announced that Blockpass` PASS token has been listed on the Blockpass platform.
cryptocurrency, HitBTC, Token, partnership, KYC, trade, Ethfinex, Blockpass, blockchain
Australia-based QPay has launched its new banking platform targeting the student sector in Australia.
challenger, QPay students, UK, Australia, banking platform, expenses
South Korea’s Central Bank (BOK) has announced it opposes the idea of issuing a central bank digital currency (CBDC).
South Koreas Central Bank, BOK, digital currency, crypto, banks
Bank of England chief Mark Carney has presented the bank’s view on cryptocurrency use, in a speech to the Scottish Economics Conference at Edinburgh University.
Bank of England, SEC, Bitcoin, crypto assets, cryptocurrency, UK, US, regulation
Funding Circle, an UK P2P lending platform, is looking for financial advisers to oversee its Initial Public Offering (IPO) set to launch in 2018.
Funding Circle IPO, Funding Circle, P2P lending, small business lending
Discount stores have witnessed the biggest increase in contactless payments with a 736% rise in the UK.
Barclaycard, discount, contactless transactions, UK, mobile payments, retail