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bitFlyer Europe and Quazard partner on gamified trading competition

Leading cryptocurrency exchange bitFlyer, is partnering with crypto-trading game developer Quazard, to bring the first ever gamified trading competition to the Botwars Ultimate Trading universe. The competition, which launches today, allows Botwars players to compete in a free to enter crypto-trading simulator to win real Bitcoin. This is the first trading competition to launch on Botwars, and the only live trading competition of its type.  Read more »

Mastercard, PFS and Starling Bank team up to offer a trusted alternative to cash to NHS volunteers

As National Volunteer Week gets underway, Royal Voluntary Service has identified two Mastercard issuers to provide trusted payment cards to NHS Volunteer Responders. These can be applied for by the critically vulnerable and those self-isolating to give to volunteers to pay for their shopping, in a safe and secure way. Read more »

Britons Embrace Biometrics But Over Half Will Abandon Applications If Not Fully Digital

Since the start of the COVID-19 outbreak, much focus and value has been put on contactless and online interactions – particularly in the financial sector. New research commissioned by global analytics software provider FICO, conducted just before the pandemic took hold, shows that online interactions were already very much par for the course amongst UK consumers. The challenge for financial institutions appears to be ensuring that the entire on-... Read more »

SalaryDost selects Onfido to power digital lending with trusted identity verification

Onfido, the global identity verification and authentication company, has announced a partnership with SalaryDost, a leading digital consumer lending platform in India, to provide identity verification with real-time live video checks to verify users and for a robust Know Your Customer (KYC) solution. Read more »

Financial services organisations are not prioritising compliance in their modernisation efforts – new report from Advanced reveals

Just 6% of financial services organisations say it’s essential for them to modernise their legacy systems to meet current regulatory and legislative demands. This surprisingly low figure is according to new global research from Advanced, which also reveals that only 20% cite an inability to meet compliance and regulatory demands as their top reason for modernising mainframe based legacy systems. Read more »

Microgen and Touchstone rebrand to become TrustQuay

Following the recent merger of Microgen and Touchstone, the company has today announced its new name and new brand for the combined business - TrustQuay.  TrustQuay is now the leading provider of technology to the trust and corporate services market, serving more than 450 clients and 15,000 users in over 30 jurisdictions. TrustQuay has 9 offices worldwide and an established physical presence in key markets including Australia, Guernsey, Jersey,... Read more »

Open Banking thriving in the UK, with financial institutions investing more than any other European country

New data published from open banking platform Tink reveals that financial institutions in the UK are ramping up their investments in open banking, as the industry mindset moves away from purely PSD2 compliance and towards value creation.  Read more »

Andigo Scholarship To Award $12,500

Andigo Credit Union, based in Schaumburg, IL, announced five college-bound high school seniors as recipients for the 2020 Andigo Scholarship Program. The winners were recognized for their community involvement and academic achievement. Each recipient will receive a $2,500 scholarship. The Andigo Scholarship Program will award $12,500 in 2020. The winners are: Read more »

British Business Bank accredits Metro Bank to the Bounce Back Loan Scheme

Today the British Business Bank has announced that it has approved a new lender for accreditation to the Bounce Back Loan Scheme for small business across the UK. The scheme is intended to target small and micro businesses in all sectors[1], with loans from £2k up to 25% of the business’ turnover with a maximum loan of £50k. Read more »

High-speed, high-volume data transfer facilitated by 5G will enhance industrial operations in connected factories

Frost & Sullivan’s recent analysis, Role of 5G Communication Revolutionising Industrial Internet of Things, finds that the integration of 5G in IIoT systems will accelerate the realisation of Industry 4.0 with high-speed, low-latency, and large-volume data transfer. Read more »

India’s smart cities playing big role in technology led battle against COVID-19, says GlobalData

As seen in many countries across the globe, smart cities in India too have been playing a major role and leading the way in the country’s battle against the COVID-19 pandemic, says GlobalData, a leading data and analytics company. Read more »

Brazilians tend to increase spendings on ecommerce after the pandemic, EBANX study shows

A research launched by EBANX, on the impacts of the COVID-19 pandemic on the ecommerce market in Brazil and the post-pandemic perspectives, brings in the results an intention to increase or maintain spendings on international websites by Brazilians after the pandemic period. Read more »

39% of UK adults suffer Covid income drop, taking home over 30% less - with the UK’s furlough scheme not filling the gap

A new international study of over 6,000 respondents from smart money app, Yolt, has quantified the  impact of the coronavirus on adults’ financial income in the UK, France and Italy. Consumers in the UK, Italy and France saw their income considerably reduced in April compared to March. In the UK, 39% of consumers confirmed that their income had dropped in the last month, with the situation also bleak in France  (47% drop) and even worst in Italy... Read more »

MAS Registered RF Fund Management Secured Inaugural VCC Incorporation Strategic Milestone

Monetary Authority of Singapore (MAS) registered RF Fund Management, a subsidiary of RF International Holdings, has unveiled following approval of MAS status that the Accounting and Corporate Regulatory Authority (ACRA) has confirmed its RF Transformation Fund VCC has been incorporated under section 16(4) of the Variable Capital Companies (VCC) Act on 26th May 2020 as an umbrella VCC. Read more »

FICO Partners with OpenWrks to Deliver Affordability Assessments

Global analytics and decision management provider FICO has partnered with OpenWrks – a leading provider of Open Banking based digital engagement applications. Under the partnership, which initially serves the UK market, FICO plans to combine OpenWrks financial budgeting and conversational AI technology with FICO’s market-leading integrated collections and omni-channel platform to assist creditors in making the most appropriate customer decisions... Read more »

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