Thursday , January 18 2018

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January, 2018

  • 17 January

    Tips For Learning More About Technology Requirements For Your Business

    You have a lot of responsibility as an entrepreneur. The success of your company sits on your shoulders. You can’t be lazy or cut corners if you want to get ahead of your competition. One area that confuses a lot of business owners is technology. Most don’t know what to …

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  • 17 January

    Top 5 Reasons to Hire a Company for IT Consulting

    Many smaller companies simply cannot afford to have a full in-house IT staff, which is why it can be a good idea to pay for outside consulting services. These services can be extremely beneficial for lots of businesses for a number of reasons. If you want to make sure that …

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  • 17 January

    Belarus Legalizes ICOs, Cryptocurrencies and Smart Contracts

    Belarus President Alexander Lukashenko has signed the Decree “On Digital Economy Development” that legalizes ICO, cryptocurrencies and smart contracts. Adoption of the Decree makes Belarus the first world’s jurisdiction with the overall legal regulation of businesses based on blockchain technology. “Having adopted the Decree, Belarus becomes one of the world’s most comfortable …

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  • 17 January

    Market Invoice: “UK businesses facing global freeze”

    Findings from business finance company MarketInvoice reveal that 73% of invoices sent by UK businesses to EU firms were paid late, up from 40.4% in 2016. Across the Atlantic, the number of invoices paid late by business in the USA increased from 45.7% in 2016 to 71% in 2017. Tellingly, the number of …

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  • 16 January

    Behind the Scenes of an ICO: Why do some succeed and others falter?

    ICOs are being used by startups to raise billions to get their projects off the ground. Some are successful, while some falter. Lars Lien, CEO of Luckbox expresses his opinion on factors that influence ICOs’ success: Engage your community from day one. The clue is in the title – “crowdsale”. We were …

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  • 16 January

    Hashgraph: Taking Blockchain to the Next Generation

    As published by Unblocked Events, Chain Reaction caught up with the Co-Founder of hashgraph and Swirlds, Mance Harmon, at the Blockchain World Conference in Bangkok to ask him what hashgraph is all about and how it may potentially fix some of the problems of existing blockchain technologies. There has been quite a bit …

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  • 15 January

    Robert Braun: Cryptocurrencies – Do they have Staying Power?

    Cryptocurrencies – not just bitcoin, but any of the hundreds of different currencies that have been created using blockchain technology – have caught the imagination of the public. There are, seemingly, daily articles that predict either the demise of all traditional currencies in favor of cryptocurrencies, and just as many …

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  • 15 January

    Who’s KodakOne? ICO Plans commented by Copytrack

    Kodak have just started their new project “KodakOne” and already the Kodak shares have skyrocketed. In 2012 it was a different story as they were on the verge of bankruptcy, but what’s all the hype around the new project “KodakOne”? The growth of digitalization has hit the image industry hard. …

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  • 11 January

    Over 50% of businesses increased their cyber security budget last year

    In an age of technology, cyber-attacks are becoming more prevalent, more frequent and more threatening than ever before. Now that the majority of institutions, particularly in the financial sector, are opting to transform their operations via new digital channels, automation and other advanced technologies, the dangers to companies are significantly …

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  • 11 January

    Kreditech Selects Mambu’s SaaS Banking Engine for Expansion into India

    Mambu announced it has signed a deal with Kreditech, the leading technology group for digital consumer lending using machine-learning based underwriting, to support the online lender’s entry into the Indian market. Kreditech currently operates in Europe and Latin America and will expand into India in early 2018, together with its partner …

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  • 10 January

    Keys To Running A Smoother Startup Operation

    Launching a startup is a huge accomplishment and one to be proud of. However, opening your doors doesn’t mean you can sit back and wait for good happenings to come to you. Once you’re up and running, the hard work continues, and if you want to arrive on top and …

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  • 10 January

    Pay For Your Bin Collections With Bitcoin

    A British refuse and recycling company has become the first in the world to accept Bitcoin. National company BusinessWaste.co.uk, which is based in York, England are now accepting payment in virtual currencies for its commercial waste contracts. With Bitcoin now moving into the mainstream, it’s logical that British companies should move …

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  • 9 January

    Digital Realty Research: Half of FS IT capabilities can’t compete with FinTechs

    Digital Realty released a new research showing that more than half of IT leaders don’t think their IT capabilities are good enough to compete with FinTech competitors. The research surveys 100 IT decision makers in large financial services companies to understand: How prepared they are for the challenge presented by …

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  • 8 January

    International Fintech Conference confirmed for March 2018

    Following the success of the first conference in 2017, the second annual International Fintech Conference has today been confirmed for 22nd March 2018 in London. Over 100 Fintech firms and over 400 investors attended the first conference in 2017, which resulted in over £5 million worth of investment into the …

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  • 7 January

    Clarida Technologies raises €5 million of capital at a €100 million valuation

    Clarida Technologies Ltd., a UK incorporated technology company offering highly advanced big data-discovery software products and services to a wide variety of industries, is pleased to announce their recent acceptance of an equity investment of €5 million from a private investor which values the company at €100 million. Robin Poelmans, CEO, and …

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  • 5 January

    UK remains Europe’s leading hub for global tech investors

    2017 was a record year for UK tech investment, with London-based firms attracting the lion’s share of funding, according to data from London & Partners. The findings also revealed that the UK is Europe’s leading country for global tech investors, with British tech firms attracting more venture capital funding than …

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  • 5 January

    PayU Nigeria Goes Bigger on Online Payments with PayU Receive

    Businesses in Nigeria can securely request and receive payments directly from their customers using PayU’s (www.PayU.com.ng) product called PayU Receive (www.PayU.com.ng/payu-receive). PayU Receive is a secure payment solution that facilitates business-to-business and business-to-consumer payments easily via email or SMS. It allows businesses to make use of PayU’s safe and secure …

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  • 5 January

    Menlo Security has closed a $40 million funding round

    Menlo Security, speicialising in malware isolation, has closed a $40 million round in Series C funding, bringing total investment to $85 million. New investors in the round include American Express Ventures, Ericsson Ventures and HSBC. They join Menlo’s existing investors: JPMorgan Chase, General Catalyst, Sutter Hill Ventures, Osage University Partners …

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  • 4 January

    Huawei partners with Xpress Money to grow Mobile Money footprint in Africa

    Xpress Money, specialising in money transfers, has joined forces with ICT Company Huawei to drive mobile money services to more of the worlds unbanked, especially in Africa. The partnership will give the remittance firm access to Huawei’s mobile money service platform, which has over 100 million mobile money accounts globally. …

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  • 3 January

    Investing for the First Time: A Few Things to Remember

    Whether you’ve just won the lottery or you’ve decided your savings account isn’t living up to its potential, investing is a good decision. As a first time investor, your best option is probably to go through an investment firm – they know what they’re doing and have good reason to …

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  • 3 January

    ThinCats and Hennik Edge to support UK manufacturing with £100m of funding

    ThinCats, the alternative finance specialist, is making £100m available to fund and support dynamic manufacturing businesses across the UK, and help take them to the next level of growth. The £100m of funding in partnership with Hennik Edge, the networked advisory team for manufacturers, will see ThinCats use its UK-wide …

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  • 2 January

    Ferratum Group to partner with Thomas Cook Money

    Ferratum is partnering with Thomas Cook Money, the newly launched financial services division of Thomas Cook Group plc, to introduce its first Banking-as-a-Service (“BaaS”) venture. Ferratum will provide Thomas Cook Money with a fully functional and regulated mobile consumer finance offering powered by Ferratum’s highly successful and innovative mobile banking …

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  • 1 January

    DHL to partner with Africa’s largest e-commerce and fintech event

    DHL Express Sub-Saharan Africa (SSA) has announced that the company has signed on as title sponsor for the 2018 DHL eCommerce MoneyAfrica Conference & Exhibition (Confex), which will be hosted at the new East Wing of the Cape Town International Convention Center on the 14th and 15th of March 2018. The DHL …

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December, 2017

  • 31 December

    Creditspring raises £2 million investment and establishes an advisory board

    Creditspring, the innovative consumer credit start-up, has taken steps forward in its mission to give people access to the credit. A successful investment round has yielded £2 million for product development, team expansion and market launch, with lead investor and BDT Capital veteran Chip Dunn becoming Non-Executive Chairman of the …

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  • 30 December

    5 key themes that will transform banking in 2018

    NCR recently surveyed over 1,000 UK adults, aged 16 and above, to gather their thoughts on the future of banking. Some of the findings are pivotal in understanding how banking will change in the UK in 2018 – with trends like AI, PSD2 and consumer trust shaping the transformation. 1)      Banking …

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  • 29 December

    Asset Management Firms are Ahead of Banks in Embracing New Technology

    Survey results released today by Excelian, Luxoft Financial Services – the financial services IT consultancy division of Luxoft, a global IT service provider – reveal that 87% of IT executives working for Wealth & Asset Management firms believe their CEOs understand the importance of technology within the business. In contrast, 75% of IT …

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  • 29 December

    Bottomline: Business and Payments 2018 Predictions

    Bottomline Technologies is one of the world’s largest business payments providers. Here are some of their predictions in the global business and payments space in 2018: The debate of traditional currency vs Distributed Ledger Technology continues: Traditional currency continues to be digitalised with reduced use of cash/cheques, and it will become less …

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  • 28 December

    Youbit exchange closes because of cyber attacks

    Last week, Korean cryptocurrency exchange Youbit has announced that it is filing for bankruptcy after losing 17 percent of its assets in a cyber attack – the second it has suffered this year. Leigh-Anne Galloway, Cyber Resilience Lead at Positive.com, has made the following comments: “2018 has been a remarkable year …

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  • 28 December

    Robocash: The European P2P investors prefer automated investments

    According to the survey of the European P2P investors which was conducted by the platform Robo.cash, investors stick to the automated investment process. First of all, this can be explained by its simplicity for users and intention of investors to save time and keep money at work. The Analytical center …

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  • 27 December

    “In banking and fintech, the most important commodity is trust”

    Chairman of Pilatus Bank gives a speech concerning customer trust in the banking and fintech industries at Wealth 2.0 conference. In banking and fintech, the most important commodity is “trust”. Ali Sadr, Chairman of Pilatus Bank, believes that it is important to recognize where the banking industry stands relative to other industries on the trust scale. …

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  • 27 December

    Callcredit is using Microsoft AI to catch fraudsters trying to take loans in your name

    Recently Microsoft has announced that Callcredit, one of the UK’s biggest credit reference agencies, is using Microsoft’s Azure Machine Learning to spot fraudulent loans applications and protect consumers. The company, which works with lenders across the UK, partnered with Microsoft to build the next generation of predictive tools, enabling greater …

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  • 26 December

    Cyber threats are biggest technology fear for financial sector in 2018

    The financial services industry and public sector are aligned in their concerns about data and system security, with both citing a fear of harmful cyber threats emerging in 2018, according to a new study from digital workplace provider Invotra. The research, conducted among 504 senior IT managers working across public …

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  • 26 December

    IBM Announces Extensive Collaborations to Accelerate Quantum Computing

    IBM

    IBM recently announced the first clients to tap into its IBM Q early-access commercial quantum computing systems to explore practical applications important to business and science. They include: JPMorgan Chase, Daimler AG, Samsung, JSR Corporation, Barclays, Hitachi Metals, Honda, Nagase, Keio University, Oak Ridge National Lab, Oxford University and University of Melbourne. These 12 initial organizations join the newly formed IBM Q Network, a …

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  • 25 December

    Cryptospace Moscow 2017: “This is not just a party, this is a historic talent grab…”

    More than 55 speakers from 30 countries, more than 3000 participants, 6 sections, 12 hours of speeches and continuous networking. At Cryptospace, one of the largest blockchain and crypto event of the year, the world’s blockchain celebrities discussed crypto trading instruments, blockchain implementation into business, predicted the price of the …

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  • 25 December

    Ex-RAC MD lends financial backing to Cazana

    Robert Diamond, the former managing director of Motoring Services at the RAC, has become the latest automotive expert to lend financial backing to used vehicle database Cazana. The investment, which has come through Diamond’s Venture Capitalist organisation Fernbrook Partners, follows the recent arrival of ex Glass’ man Rupert Pontin and …

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