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Banks Are the Enablers for Mass Market E-invocing

A discussion and guidance on the path to full scale adoption of electronic invoicing by corporates, goverments, SME's and consumers, creating savings up to € 60 billion in 2020. With a focus on: trends, business models, processes, technology, and legal issues.

Finland as an example (2016 figs):

- all SMEs use e-/mobile banking and e-invoicing is a standard feature as out of some 250k enterprises 217k have signed up for sending and 234 for receiving structured e-invoices (PDF has never been classified as e-invoice)

Friday, September 15, 2017 - 08:34

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Secure Trading Adds New Payment Methods

Award winning payments group, Secure Trading, has today announced the availability of 11 additional Alternative Payment Methods (APMs) for its merchants through a strategic partnership with, PPRO Group, the cross-border e-payment specialists.

Friday, September 15, 2017 - 08:04

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PayPal Launches New 2% Cash Back Credit Card

PayPal customers in the U.S. can now earn cash back on every purchase online and in stores with today’s launch of the new PayPal Cashback Mastercard issued by Synchrony Bank. The PayPal Cashback Mastercard, designed exclusively for PayPal members, offers cardholders 2% cash back every day, on every purchase – everywhere Mastercard is accepted.

Friday, September 15, 2017 - 08:01

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Visa Inc. Appoints Charlotte Hogg as Chief Executive Officer of the Company’s European Operations

Visa announced today it has appointed Charlotte Hogg as the new executive vice president and chief executive officer for its European operations, effective October 1, 2017. Ms. Hogg will report to Visa’s chief executive officer, Al Kelly, and Visa Europe Limited (VEL) board chairman, Gary Hoffman. Ms. Hogg will join the VEL board of directors and will also be a member of Visa’s global executive committee.

Friday, September 15, 2017 - 07:56

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SETL and four asset management firms launch IZNES

SETL and four asset management firms announced today the launch of IZNES, the pan-European fund record-keeping platform based on blockchain technology.

The platform provides investors, asset management firms, distributors and wealth management advisers with easy and rapid access to fund units. The platform enables firms to enter into new relationships with investors, manage KYC processes, handle subscription / redemption instructions, and settle transactions and record positions.

Friday, September 15, 2017 - 07:52

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Financial IT

Hong Kong FinTech Startup TNG Raises US$115M to Invest in Blockchain, AI Chatbots and More

Hong Kong fintech startup TNG has raised US$115 million in Series A round led by New Margin Capital, a major Chinese private equity fund which has invested over US$1.7 billion in more than 160 companies, with 40 IPO exits.

Participating investors include Taiwan-based venture studio Nogle Group, and Infinity-KBR Group.

The whopping tranche of financing has put TNG at a valuation of US$565 million, according to an official press release.

Friday, September 15, 2017 - 07:50

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Wipro Joins Hyperledger

Wipro Limited, a leading global information technology, consulting and business process services company, today announced that it has joined Hyperledger to design and develop open source-based blockchain solutions for enterprise-grade blockchain deployments.

Hyperledger is a global open source collaborative effort created to advance cross-industry blockchain technologies across sectors such as finance, banking, Internet of Things, supply chain, manufacturing and technology.

Friday, September 15, 2017 - 07:43

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Branch Transformation 2017: Beyond the Branch of the Future

Barclays, BNL BNP Paribas and Santander are among the many institutions to share their experiences of the new branch paradigm at Branch Transformation 2017, which takes place in London on 28^th and 29^th November

What comes after the branch of the future?

Friday, September 15, 2017 - 07:41

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Vistra to Acquire Corporate Services Business from Deutsche Bank

Vistra, a leading global corporate service provider, announced today that it has entered into a definitive agreement to acquire the Corporate Services business of Deutsche Bank’s Global Transaction Banking division.

Friday, September 15, 2017 - 07:35

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SocGen Launches Mobile Wallet for African Unbanked