Articles with tag: government

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Taobao Taiwan shuts its ecommerce site

16 Oct 2020 | Ecommerce

Taobao Taiwan has shut its ecommerce site after the government ordered the company to re-register as China-backed or leave the island.

Taobao, Taiwan, ecommerce, government, shut down, merchants, Alibaba

Acuant's facial recognition software receives iBeta compliance

12 Oct 2020 | Digital Identity, Security & Online Fraud

US-based provider of identity verification Acuant has announced that its FaceID tool has received PAD Level 1 and Level 2 compliance by iBeta, by ISO/IEC 30107-3 standards.

Acuant, identity verification, digital identity, fraud prevention, FaceID, PAD Level 1, PAD Level 2 compliance, iBeta compliance, ISO/IEC 30107-3 standard, US, United States, Acuant FaceID Standard, FaceID Government, biometric facial recognition

Australia establishes Commonwealth e-invoicing deadline

02 Oct 2020 | E-invoicing, SCF & E-procurement

The Australian government has announced a AUD 3.6 million push to make electronic invoicing mandatory for all Australia's Commonwealth agencies by July 1, 2022. 

Australia, Commonwealth, e-invoicing, government, electronic invoicing, Digital Business Plan, Singapore, New Zealand, Peppol, e-invoicing standard, invoice exchange, accounting systems, approved access points, Singapore Government, Peppol Access Points

Australian Government announces digital ID plan to boost economic recovery

29 Sep 2020 | Digital Identity, Security & Online Fraud

The Australian Government has announced dedicating USD 800 million in spending to support businesses to increase their digital capability.

The Australian Government, Australia, Digital ID, MyGovID, Australian Business Number, GST, digital readiness assessment, fraud protection, fraud prevention, digital identity

The UK Chancelor of the Exchequer extends CBILS

28 Sep 2020 | Payments General

The UK’s Chancelor of the Exchequer has reported intentions to extend the government loan schemes that have been helping SMEs stay afloat throughout the coronavirus pandemic. 

UK, Chancelor of the Exchequer, CBILS, government loan schemes, SMEs, coronavirus, pandemic, financial aid, fintechs, alternative lenders, accredited lenders, banks, CLBILS, Bounce Back Loans, loans, Future Fund, convertible loans, repayment, Pay As You Grow

ClearBank, Tide partner to grant GBP 25 mln to SMEs

23 Sep 2020 | Payments General

Cloud-native clearing bank ClearBank and UK-based business banking platform Tide have been awarded GBP 25 million to help UK-based SMEs grow after the coronavirus pandemic.

ClearBank, Tide, SMEs, UK, United Kingdom, grant, award, clearing bank, business banking platform, coronavirus, pandemic, financial support, Brexit, government, digital services, open banking, funding, debt, equity, digital payments, business development

Govt bootcamp to prep 30 startups to give SMEs a digital leg up

22 Sep 2020 | E-invoicing, SCF & E-procurement

The government has announced that it will hold a three-week bootcamp for 30 selected startups that can provide services like supply chain and finance management for small and medium enterprises (SME).

Supply chain and finance, SMEs, Government

Credit Sesame uses digital banking platform Sesame Cash to roll out cash back offers

09 Sep 2020 | Online & Mobile Banking

US-based credit service company Credit Sesame has launched Cash Back Offers from Sesame Cash, the company’s digital banking platform. 

Credit Sesame, digital banking, Sesame Cash, platform, cash back, credit service, debit card, rewards, financial hardship, government programme, smart bill pay, mobile device protection, US, United States

Digital transformation: what you are is more interesting than who you are

07 Sep 2020 | Digital Identity, Security & Online Fraud

Adam Cooper, ID Crowd, explains why ‘digital identity needs to be the key that unlocks access to trusted data’

Adam Cooper, ID Crowd, digital identity, trusted data, pandemic, transactions, bank account, eKYC, know your customer, KYC, government, fraud

Dubai SME introduces smart dashboards to promote procurement programme

01 Sep 2020 | E-invoicing, SCF & E-procurement

Dubai SME has introduced two smart dashboards to enable local startups to benefit from the Government Procurement Programme.

Dubai SME, smart dashboard, procurement, Government Procurement Programme, startup, SME, local economy, supplier, government, GPP, UAE, equity, Emirati, companies, Dubai Government tenders

UK-based lenders support 1.2 mln businesses amid pandemic

12 Aug 2020 | Payments General

UK-based lenders have provided support to over 1.2 million businesses through government-backed loan schemes, according to HM Treasury statistics. 

UK, United Kingdom, SMEs, lenders, loan, pandemic, government-backed loans, loan schemes, BBLS, CBILS, funding, small businesses, coronavirus, large businesses

UK-based businesses benefit from government-backed loan schemes

10 Aug 2020 | Payments General

The British Business Bank has announced that the regional distribution of loans under the CBILS and the BBLS matches the respective share of UK businesses in each region. 

UK, businesses, government backed loan, loan schemes, British Business Bank, CBILS, BBLS, loans, London, South East, East of England, North West

The Government of Western Australia and Newfound initiate virtual UK trade mission

05 Aug 2020 | Ecommerce

The Government of Western Australia and global expansion specialists Newfound have launched a virtual trade mission in September 2020.

Government of Western Australia, trade mission, commerce, innovation, collaboration, technology, UK, Australia,

USD 26 mln in grants to help recovery of small businesses

31 Jul 2020 | Payments General

Minister for Regional Growth and Local Government has announced that smaller businesses in UK will benefit from USD 26 million of new government funding.

Minister for Regional Growth and Local Government, UK, SMBs, funding, technology, Kickstart Scheme, England European Regional Development Fund, Growth Hubs

Samsung, BSI, Bundesdruckerei, Telekom Security partner to bring national ID to smartphones

23 Jul 2020 | Digital Identity, Security & Online Fraud

Samsung, BSI, Bundesdruckerei, and Telekom Security have partnered to to bring Germany’s national electronic ID on selected Samsung Galaxy smartphones.

Samsung, BSI, Bundesdruckerei, Telekom Security, eID, eGovernment, National ID, Galaxy S20, Software Development Kit, SDK, Secure Element, eSE, third parties, Trusted Service Manager, TSM, secure electronic interactions, eIDAS Regulation

RBI report recommends incentives to popularise QR code transactions in India

23 Jul 2020 | Mobile Payments

The Reserve Bank of India (RBI) has released a report that shows why the government should provide incentives to popularise usage of QR code transactions.

The Reserve Bank of India, RBI, report, government, incentives, QR code, India, digital payments, Bharat QR, UPI QR, Proprietary QR, interoperable QR, KYC, merchant, electronic payment, interchange, RuPay Debit card

UK government rolls out fintech review

22 Jul 2020 | Payments General

The UK government has launched the independent ‘FinTech Strategic Review’ to establish a roadmap for future success, according to fintechmagazine.com.

UK, United Kingdom, government, fintech, fintech review, HM Treasury, Budget 2020, venture capital, market growth, fintech sector

Morgan Stanley to share its climate impact

21 Jul 2020 | Online & Mobile Banking

US-based bank Morgan Stanley has announced plans to publicly disclose how much its loans and investments contribute to climate change.

Morgan Stanley, US, United States, bank, loans, investments, climate change, climate impact, financial regulators, fossil fuels, government policies, greenhouse gas emissions, Partnership for Carbon Accounting Financials, financial company, financial institutions

Shopify, the Canadian Government work together to launch in Go Digital Canada

20 Jul 2020 | Online Payments

Shopify has partnered with the Government in Canada to launch Go Digital Canada, Tame Bay reports.

Shopify, partnership, Canadian Government, Go Digital Canada, ecommerce, online payments, gift cards, local pickup, delivery options, omnichannel

Filipinos to invest in Gov't Retail Treasury Bonds using PayMaya

15 Jul 2020 | Payments General

PayMaya has teamed up with Bonds.Ph, an online investment platform powered by the Philippine Digital Asset Exchange (PDAX), to extend its financial inclusion mission into the retail investing space.

consumers, merchants, government, Philippines, PayMaya, ecommerce, food, retail, bonds, investments, mobile apps