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Estate Agency Platform Reapit Joins DLT-Based Home-buying Consortium

Reapit, the UK's largest estate agency platform, has joined the IPN Consortium, a gaggle of industry players developing a distributed ledger technology-based system that lets customers go through the entire home buying process through their mobile phones.

Monday, January 20, 2020 - 07:26

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Financial IT

Open Banking Platform Tink Completes €90 Million Investment Round

Tink today announces it has completed a €90 million investment round. This investment round follows Tink’s €56 million investment round in February 2019, which makes today’s funding Tink’s largest to date.

Monday, January 20, 2020 - 07:23

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Financial IT

Wirecard and EasyTransfer make payment easy for international Chinese students

Wirecard, the global innovation leader for digital financial technology, and EasyTransfer are collaborating to enable seamless mobile payments for digital-native Chinese students. Together the two companies are launching a new mobile payment and loyalty app designed for Chinese students studying outside of China. Approximately $3.8 billion in tuition payments were transferred via EasyTransfer in the first year alone.

Monday, January 20, 2020 - 07:22

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SunTrust Bank Nigeria to Revamp its Partnership with ICSFS

Monday, January 20, 2020 - 06:40

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Leading UK Wealth Manager selects Cashfac to orchestrate cash movements and real-time operational accounting.

Cashfac is delighted to announce that one of the UK’s largest wealth manager and specialist SIPP provider - trusted by thousands of investors with billions of pounds in pension and investment savings - has selected Cashfac to help drive their business transformation.

Friday, January 17, 2020 - 12:11

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Financial IT

NICE Actimize Adds Cryptocurrency Innovator CipherTrace to X-Sight Marketplace to Enhance Due Diligence and Reduce Risk

With cryptocurrency-related compliance issues on the rise, and an increase in enforcement actions anticipated, the need for financial institutions to adopt solid AML programs addressing this market segment is expected to escalate this year.

Friday, January 17, 2020 - 12:11

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ISOLAS’ leading Fintech practice ranked Band 1 in Chambers & Partners

ISOLAS LLP’s distinguished Fintech practice has been included in the newly-published Fintech rankings, as part of the Chambers Global edition for 2020, with three of its lawyers ranked.

Chambers described the firm as “a top-tier firm highly regarded for its expertise in advising on regulatory matters stemming from real-life blockchain implementations.

Friday, January 17, 2020 - 11:56

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Financial IT

Brits in the dark over their personal finances as consumer debt hits £218bn

One in five Brits are failing to keep track of their personal finances, with 40% of millennials admitting they have no clue how much they spend compared to what they earn each month.

The news comes as Bank of England data from December 2019 showed households have £45billion more debt on credit cards, personal loans and overdrafts compared to the start of 2010 – a 25 percent growth in 10 years.

Friday, January 17, 2020 - 11:52

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Financial IT

Global finance leaders Citi, Bpifrance, Deutsche Börse, Fidelity to join first ever London-based conference focused on the institutionalization of digital assets Feb. 10