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RBI Monetary Policy | Narayan 'Naru' Ramamoorthy, Chief Revenue Officer, Global PayEX

“Following the earlier announcements on the round-the-clock RTGS facility and increase in the settlement cycles of IMPS, the latest proposal focused on increasing the transaction limit for IMPS from Rs. 2 lakhs to 5 Lakhs is a much-needed move. I believe this will encourage businesses to move away from paper-based transactions and push the adoption of digital payments. It will also help large corporates and MSMEs bring in greater flexibility and an obvious cost efficiency by eliminating manual efforts and the errors accompanying these processes.

Friday, October 8, 2021 - 11:45
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Financial IT
World Tech Legal Launches Global Network of Tech Focused Law Firms

World Tech Legal, a global network of tech-focused law firms, has officially launched. Founded by MBM Commercial (“MBM”), an award-winning law firm with offices in London and Edinburgh, the World Tech Legal network was established to build an association of like-minded entrepreneurial law firms that have specific expertise in the technology sector. The network already boasts 14 member firms from across the globe.

The association allows for one member firm for each legal jurisdiction and current members firms are:

Friday, October 8, 2021 - 11:39
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/news/fintech-startups/world-tech-legal-launches-global-network-tech-focused-law-firms
Financial IT
Tatum Becomes European Champion at SWCSummit 2021

The blockchain development platform Tatum emerged victorious at the continental European finale of the 2021 Startup World Cup & Summit, winning $500,000 and the opportunity to present in Silicon Valley at the SWCSummit Global Finale later this year.

Friday, October 8, 2021 - 11:21
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Financial IT
1 week until £100 Contactless Limit Begins: Consumer Choice should come First - Comment from Diebold Nixdorf
With a week to go until the new £100 contactless card limit begins on Friday 15 October,  Matt Phillips, VP, Head of Financial Services at Diebold Nixdorf UK&I, says:

“The increase to the contactless payment limit emboldens the industry’s commitment to giving consumers choice over how they pay - whether that be by cash, card, wallet or contactless. It ensures that digital progression reflects the needs of the market.

Friday, October 8, 2021 - 10:55
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Financial IT
How can you Increase the Profitability of your Brokerage Firm?

How can you increase the profitability of your brokerage firm?

The Forex market is very friendly to newcomers, which is why a plethora of possibilities exist for individuals looking to start brokerage business. Meanwhile, novice brokers face the most significant amount of competition, making it difficult to stay afloat.

Friday, October 8, 2021 - 10:52
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/news/trading-systems/how-can-you-increase-profitability-your-brokerage-firm
Financial IT
External Finance now Used by Four in ten Businesses Across the UK, but a Lack of Local Investors Leads to Wasted Economic Potential

     London, the South East, the North West and the East of England account for 86% of equity deals despite hosting just 55% of businesses

·       Distance matters – in 82% of equity investment stakes between 2011 and 2020, the investor and company are within two hours of each other; 61% are within one hour of each other

·       Rural business owners more likely to inject personal funds into their business than urban entrepreneurs because of a lack of growth finance options

Friday, October 8, 2021 - 10:37
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/news/banking/external-finance-now-used-four-ten-businesses-across-uk-lack-local-investors-leads-0
Financial IT
How to Find a Reliable Provider of Bitcoin Payments

Bitcoin is not just the first cryptocurrency to have come onto the scene – the role of this asset has substantially increased in recent years.

Friday, October 8, 2021 - 10:21
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Financial IT
Willis Towers Watson and ITFA Create first ever Basel III Compliant Trade Credit Insurance Policy

Harmonised policy form launched at International Trade and Forfeiting Conference (ITFA) Conference in Bristol, UK

After three years of effort and numerous negotiations with insurers, banks, law firms and brokage firms, ITFA has released a Basel III policy form which elevates policy wordings and enhances market efficiency based on an original policy form developed by Willis Towers Watson (NASDAQ: WTW).

Friday, October 8, 2021 - 10:18
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/news/trading-systems/willis-towers-watson-and-itfa-create-first-ever-basel-iii-compliant-trade
Financial IT
Ebury Named #1 Forecaster for 3 Different Currency Pairs in latest Bloomberg FX Rankings
  • Ebury listed as most accurate contributor for EUR against the Russian ruble, Norwegian krone and Czech koruna
  • Named as the number two forecaster for USD against the South African rand, Chilean peso and Mexican peso

Ebury, a leading global  fintech company that simplifies cross-border trade and payments by offering international transactions, has been named among the top forecasters for seven different currency crosses in Bloomberg’s FX forecast accuracy rankings for Q3 2021.

Friday, October 8, 2021 - 10:05
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Financial IT
Babylon Secures New $200m Sustainability-Linked Investment to Fuel Rapid Growth Plan

Babylon Holdings Limited ("Babylon"), one of the world's fastest-growing digital healthcare companies, today announced that it has secured a sustainability-linked investment of up to $200 million from Albacore Capital Group ("AlbaCore"), a strategic capital investment firm.

Friday, October 8, 2021 - 09:49
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/news/investment/babylon-secures-new-200m-sustainability-linked-investment-fuel-rapid-growth-plan
Financial IT

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