Banking Competition Remedies Ltd (BCR), the independent body established to implement the £775 million RBS (now NatWest) State Aid Alternative Remedies Package (ARP), today confirms the grant sizes for the Capability and Innovation Fund (CIF) Pool F and reiterates the process and timeline for applications.

Pool F consultation process

The global partnership between CV Labs and British AI crypto company Evai has led to a debut centralised exchange listing for the EVAI token on Bittrex Global from 19 August. This latest development follows the CV Labs partnership announcement in May this year, which welcomed Evai into the worldwide CV Labs ecosystem as the cutting-edge FinTech firm became their first global platinum partner.

• New data is first of its kind examining eCommerce confidence levels among retailers and consumers
• 48% of UK retailers strongly believe that they are doing everything they can to prevent eCommerce related fraud, yet only 17% of UK consumers feel the same
• Up to 67% of UK consumers wouldn’t buy online again from a shop where their account was compromised

Skarbiec TFI, one of Poland’s leading Asset Managers remains focused on modernising its Investment Management processes with the help of NeoXam’s Portfolio Management System. The current project to further utilise the solution, which has already streamlined the workflows with the custodians, is now introducing additional features to the front-office team.

The financial industry is always looking for ways to make transactions easier, faster, and more secure. For in-person shopping, at least, few technologies help achieve these goals better than contactless payments. 

This article explains what contactless payments are; how they work; and why customers and merchants alike increasingly prefer to use this technology when conducting business face to face.

What are contactless payments and how do they work?

In June 2021, BBVA Mexico became the first bank in Latin America to announce the rollout of biometric payment cards.

Continuous Integration and Continuous Delivery (CI/CD) is fast becoming the standard for technological innovation in financial services. Instead of updates rolled out periodically, banks are instead opting for smaller, more regular improvements to their services. It makes good business sense as well – with smaller updates less likely to cause glitches or errors that large scale integrations can risk creating.

Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, has today announced the appointment of Greg Monahan, former US Treasury Criminal Investigator, who joins the organization as Global Money Laundering Reporting Officer (GMLRO).

Are entrepreneurs risk takers at heart or calculated visionaries?  According to serial entrepreneur and Ukheshe Technologies CEO, Clayton Hayward, many entrepreneurs don’t truly understand the nature of risk, which has a direct impact on the success of their business idea. He says that to be a successful entrepreneur you need to be willing to take risks with a greater vision in mind – and become comfortable with the possibility of failure.