Jon Dawson, Manager at haysmacintyre for The Fintech Times. Whether you believe in the power of blockchain technology or see it as the next ‘Dutch tulip bubble’ there is no doubt that Bitcoin and other Cryptocurrencies (CC) are having an impact around the world. According to predictions made by Santander, …
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by Suresh Rajagopalan, President Software Products, FSS for The Fintech Times Secure national identity infrastructure is foundational to delivering the benefits of a digital economy, where the bulk of transactions involve online interactions between remote entities. Whilst citizens in developed countries take identity for granted, in emerging markets governments are …
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The Brexit clock is ticking. With now only one year to go, there’s still a lot of uncertainty surrounding Brexit and what it means for UK businesses. Simon Black, CEO of PPRO Group shared his thoughts of the transition deal and what Brexit means for the financial industry: “Last Month marked a …
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Crypto Aware has released figures showing that 1.7bn worth of cryptocurrency has been lost through hacks or fraud since 2011. Over a quarter of this – $670 million – was lost in the first three months of 2018. Leigh-Anne Galloway, Cyber Security Resilience Lead at ICO security company Positive.com, has made …
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New research by BAE Systems has found that 74% of business customers think banks use machine learning and artificial intelligence to spot money laundering. In reality banks rely on human investigators to manually sift through alerts – a hard-to-believe fact selected only by 31% of respondents. This lack of automation and …
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The number of payment card Point-to-Point Encryption (P2PE) systems, which meet the new industry standard has passed 200 for the first time, highlighting the growing worldwide emphasis on security. Figures from the Payment Card Industry Security Standards Council(PCI SSC) reveal that 202 systems worldwide have now been certified under the P2PE …
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The Financial Conduct Authority (FCA) said in its business plan for the coming financial year that cryptocurrencies themselves don’t come under its regulatory remit, but the use of them does. Jacob Ghanty, Financial Regulatory Partner at Kemp Little said: “The FCA has said in its Business Plan 2018-19 that one of …
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London-based small business finance provider, Liberis, has secured £57.5m in combined funding from British Business Investments, Paragon Bank, BCI Finance, and Blenheim Chalcot. This new facility and equity investment will accelerate Liberis’ growth to help support an estimated 100,000 UK jobs by 2020, providing huge social and economic benefit to the …
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The Emerging Payments Association (EPA), with the support of its Benefactor, Saxo Payments Banking Circle, has launched a vital resource for early stage FinTech and PayTech companies. The EPA FinTech Regulation Helpline, which will be resourced by Banking Circle and Lipis Advisors, is set to provide useful guidance to help …
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By Henrik Nel, CEO, and David Simmonds, Vice-Chairman & Business Development, for The Fintech Times. What is the problem that you’re solving? DeepToken will be utilised as an alternative deposit and withdrawal mechanism for players in the Entropia Universe. Using DeepToken will give them lower transaction fees, and thanks to …
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