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Premier to Join Industry Leaders at BDA London Forum

Premier David Burt will join more than two-dozen Bermuda executives in a multi-industry forum being held in London next week to showcase the breadth of expertise and advantages offered by the island's global business market. 

Friday, November 24, 2017 - 06:08
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InvestCloud announces Freetrade as the First Startup in Its UK Innovation Center

InvestCloud Inc., a global FinTech firm, has announced UK startup Freetrade as the first firm to enter its UK Innovation Center. Freetrade is using the space to bring its app-only stockbroker to market.

Thursday, November 23, 2017 - 11:42
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Tandem Bank Reveals Credit Card

We’ve previously used the hyperbole of ‘big huge news’ during an earlier burst of, well, big huge news, and now we’re stuck for synonyms to announce anything else. 

That said, here’s a moderately girthy announcement:
The Tandem cashback credit card details are here

So, here's the low-down:

No transactions fees when withdrawing cash or making purchases abroad
Get 0.5% cashback on all purchases over £1, everywhere Mastercard is accepted globally
18.9% APR (variable, representative)
No annual fee

Is this the card for you?

Thursday, November 23, 2017 - 11:24
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Bitstamp Partners Masterpayment for Cryptocurrency Purchases

Bitstamp, a leading global digital currency exchange and the largest Bitcoin exchange in the EU in terms of volume, today announces Masterpayment, an independent payment processor, specializing in the requirements of the new cryptocurrency markets, as its new partner for credit card processing and acquiring of cryptocurrency purchases. 

This partnership will allow Bitstamp customers to enjoy faster and more convenient transactions, while maintaining the same high-caliber security.

Thursday, November 23, 2017 - 11:18
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Ebury Launches Office in Brussels

Ebury, one of the fastest growing fintechs for corporate global transaction services, has announced the opening of a second office in the Benelux region. 

Thursday, November 23, 2017 - 11:09
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African Bank Selects FICO's Decision Management Software

African Bank can now launch new credit strategies 30 percent faster at 25 percent lower cost and can make changes to credit strategies in two days instead of two months. 

Thursday, November 23, 2017 - 10:54
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Dubai and Australia Ink FinTech Agreement

The Dubai Financial Services Authority (DFSA) and the Australian Securities and Investments Commission (ASIC) entered into an agreement today that sets out a framework for cooperation on financial technology (FinTech) innovation. 

Thursday, November 23, 2017 - 10:45
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Beware Black Friday Malware and Hacking Threats Warns Cyber Security Experts T-Systems

The millions of employees who will shop on-line at work for Black Friday deals will put their companies at risk of malicious malware and hacking, warns cyber security experts, T-Systems (the cyber-security arm of Deutsche Telekom).

“This week we should all expect an influx of hoax emails amongst the many legitimate Black Friday deals. Many will contain malicious code or phishing scams in an attempt to use Black Friday as a cover to persuade people to open unsolicited emails”, explains Scott Cairns, Head of the UK Cyber Security Practice at T-Systems.

Thursday, November 23, 2017 - 10:39
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Government Investment in Technology is Simply Not Good Enough

This level of investment does not satisfy the need

In the Budget, Mr Hammond announced:

  • £75m for artificial intelligence
  • £400m for electric car charge points
  • £100m to boost clean car purchases
  • £160m for next-generation 5G mobile networks across the UK

“These amounts are not enough by comparison to what is really needed.”

Thursday, November 23, 2017 - 10:29
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FinTech Comment on Budget Announcement
The fintech industry is going from strength to strength and the UK Government can play an important part in enabling fintechs to continue to thrive. We therefore welcome Philip Hammond’s promise to invest over £500m in numerous technology initiatives, including artificial intelligence and regulatory innovation, as well as unlock over £20bn of new investment in UK scale-up businesses. 
 
With this assurance, the government has shown a strong commitment to the fintech sector, which will hopefully help tech companies all around the UK to flourish and grow.
Thursday, November 23, 2017 - 10:18
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