The IRS can avoid the risk of misuse and loss of private data by using analytics software.

TiPJAR®, the UK’s leading HMRC-cleared cashless tipping platform have announced their second pioneering partnership with TableYeti™, provider of payment devices that deliver a radically better contactless payment experience for hospitality businesses, to launch the world’s first payment terminal that enables card tips to be separated from a transaction transparently.

Coinfloor customers will be smoothly migrated to CoinCorner’s platform

Two of the leading UK-focused Bitcoin exchanges, CoinCorner and Coinfloor, have agreed to migrate Coinfloor’s customers to the CoinCorner platform to help further British Bitcoin adoption.

Open Banking Expo, the largest global community of Open Banking and Open Finance executives driving one of the biggest digital transformations across the financial services sector, has partnered with open banking advisory company Open Vector to support the growth of the open banking ecosystem in Latin America.

The partners will launch community meet-ups to bring together financial institutions, regulators and industry leaders to accelerate the proliferation of open banking in the region.

Digitisation of S$50-million bond allocation uses blockchain and smart contract technology to achieve faster processing and lower cost in the custody and administration of the bond

UOB and digital securities exchange ADDX have concluded the digitisation and digital custody of the inaugural sustainability-linked bond recently launched by Sembcorp Industries (Sembcorp). This initiative comes amid a rise in the use of digital securities to enhance the efficiency of bonds and other fixed income instruments.

: New Zealand’s Kiwi Dollar trimmed losses after tumbling to a weekly low at 0.6876 from its 0.6960 opening yesterday. The move came after the RBNZ’s decision to hike its Official Cash Rate by 25 basis points to 0.5%. It was the 1^st rate hike by the New Zealand Central Bank in 7 years. The NZD/USD pair soared to a high at 0.6979 immediately after the news before tumbling lower. After the dust settled, the NZD/USD pair finished at 0.6917 in New York. Elsewhere, dismal European economic data saw the EUR/USD pair slide to close near late July lows at 1.1595 (1.1622).

• Banks make their money using “hidden” charges, say many of those surveyed
• Concern over the safety of savings is widespread, with many now limiting what they put into traditional banks 
• Some - particularly young people - are so concerned they prefer to keep cash at home
• People feel banks do not put customers first, and many are now seeking alternative ways to save and spend

• The fintech kicks off the crowd portion of the round with £1 million raised in under 10 minutes
• The Growth Round follows on from Chip’s biggest year to date
• The funding will be used to fuel growth as the company aims to build the best savings account in the world

Flutterwave honored for achievements in Payments Processing

Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown

‘’The anecdotes from truckers, turkey farmers, builders and bosses about escalating problems in the supply chain are far from isolated cases. Rising costs hitting industries across the board are backed up in the latest large scale survey from the ONS. The Business Insights research shows that almost a third of businesses (29%) questioned reported that the price of materials, goods and services purchased over the last fortnight had increased by more than normal price fluctuations.