Global peer-to-peer bitcoin marketplace, Paxful (www.Paxful.com), announced today the addition of Tether (USDT) to its platform. USDT belongs to a class of cryptocurrencies known as stablecoins. A stablecoin is a type of cryptocurrency whose value reflects an existing fiat currency (e.g. US Dollars).

The payment service provider PurePay joins forces with the Danish acquirer and financial institution Clearhaus. Now, Clearhaus will provide the technological rails for Purepay as the ambitious PSP deepens its engagement in the UK.

DPR, the provider of savings and lending origination and servicing solutions, has announced Aldermore as the latest partner to adopt the DPR Distribution Hub. The hub securely transfers product and customer data through APIs to enable third-party intermediary distribution providers such as product sourcing and CRM systems, to integrate seamlessly into Aldermore’s mortgage application process. 

UK headquartered leading new-age wealth-tech platform - Winvesta – has been awarded the ‘FinTech Company of the Year 2020’ for Asia Pacific by Barclays Entrepreneur. In its fifth edition, Barclays Entrepreneur recognizes few of the UK’s most successful home-grown ventures which are disrupting the fintech industry at large.

<p class="rtejustify"><a href="https://www.solidatus.com/" rel=" noopener noreferrer" target="_blank">Solidatus</a>, the leader in metadata management software, today announces a round of strategic hires in support of its recent growth and the significant acceleration of its ambitious business vision, during its most successful year to date.&nbsp;</p>

Tech Nation, the growth platform for tech companies and leaders, has today announced the launch of the Fintech Pledge with support from HM Treasury (HMT) and the Fintech Delivery Panel, to accelerate the growth of the UK’s fintech sector by enabling enhanced collaboration between banks and leading fintech firms.

Business Intelligence (BI) tools are indispensable to modern financial operations. A recent Fivetran study conducted by Dimensional Research found that 98 percent of businesses are using BI solutions today, with finance teams being the second most reliant on them in their day-to-day operations, coming a close second only to data-obsessed marketing departments.

This morning the UK signed a free trade agreement with Japan, which is the UK’s first major trade deal as an independent trading nation. Sherry Madera, Chief Industry and Government Affairs at Refinitiv, comments on this occasion. 

The potential impact of the agreement

Covid-19 had led to a huge increase in national debt of many countries. In their recent research, Mises Institute pointed to a “terminal debt spiral,” which for many, has boosted conversations and action around Central Bank Digital Currencies (CBDCs).

What could central banks do in response to this crisis?