Last week, a report on phase two of Project Inthanon-LionRock (IL2), a cross-border payments experiment, was released. The testing, which featured China, Thailand, and the United Arab Emirates as participants, as well as Hong Kong Monetary Authority and the Bank for International Settlements Innovation Hub produced stunning results utilizing Hyperledger Besu.

Commenting on the market reaction as US Nonfarm Payrolls miss expectations by a wide margin, Olivier Konzeoue, FX Sales Trader at Saxo Markets, said: “US Nonfarm Payrolls came out below expectations at 194k vs 500k, whilst the unemployment at rate 4.8% suggests a tight job market with rising wage growth and a participation rate still miles away from pre-pandemic levels.

 For the financial year 2020-21, NTPC Ltd. has paid final dividend of Rs. 3,054.45 crore, being 31.5% of the paid-up equity share capital of the Company.

It’s an age-old conundrum; you need money to buy expertise but you need expertise to raise money.  The two go together but not always like a hand in a glove!

One company, based in the UK, has made it their mission to tackle this problem and the level of interest has been “staggering” according to founder and CEO, Ian Wright.

The Paytech pledges to further develop its climate strategy

with the aim of reaching net-zero emissions by 2040 for the Group

The importance of integrated payment solutions for the hospitality industry

By Dean Farley, Global Business Development Manager – Travel & Hospitality – GSV at Worldline

Hospitality merchants looking to bounce back from the damaging effects of the pandemic to their industry must swiftly invest in new payments infrastructure available to them. This will help them increase revenue and keep pace with their rivals following a rapid, necessary shift towards contactless, and in many cases virtual, payments.

By Edouard Roca, EMEA business developer, France at Fime

It was good to be back! Money 20/20 Europe 2021 brought together key players from throughout payments for a series of presentations and debates on the key concerns and opportunities within the industry. From global leaders to dynamic startups, the event brought together over 1,500 people to share thoughts and ideas.

Bernie Li, the Co-Founder of Pure Energies, a Leading Tech-Enabled Marketplace Delivering Solar Solutions Across North America, joins Antler Canada in Global Growth of its Senior Management Team

Global early-stage venture capital firm Antler has named Bernie Li as partner in its Toronto office. He will be based in Toronto and join the company’s senior leadership team, bringing two decades of experience as an investor and company founder to the support of Antler’s emerging entrepreneurs.

Bringing treasury and payment solutions together for the first time to  serve businesses and partners 

Digital asset financial services platform, BVNK, launches today aiming toremove the barriers that prevent fast-growth businesses and financial service providers from realising the benefits of cryptocurrencies. Headquartered in London, BVNK aims to set new standards for digital asset financial services from its European base. 

Corporate Bank today announced the roll-out of an automated workflow platform for the administration of capital gains withholding tax during the post-trade settlement process in Indonesia, using the Xceptor Tax Solution.

This enhancement will help to reduce manual processes and decrease the time to calculate withholding tax amounts down to seconds. Deutsche Bank will also utilize APIs to send real-time settlement details to the Xceptor Tax Solution. In addition, the solution will electronically manage the documentation process.