Author: TMC Admin
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Revolut Launches New Fee-Free USD Transfers to the UK
Companies in the UK can use US bank details to accept payment from US customers with no fees via Revolut Business. Revolut, the global financial superapp with more than 500,000 business customers worldwide, has launched new fee-free USD transfers to the UK. Revolut offers US bank details to its UK business customers, enabling them to…
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Instant Payments Top the Agenda For Swedish Banks Says P27
Thirteen banks connected to Swedish instant payments solution Swish are set to test the Nordic payments platform P27 by the end of the year. P27 is described as the enabler of the API economy for the financial services sector in Nordic countries. A joint initiative by Danske Bank, Handelsbanken, Nordea, OP Financial Group, SEB and…
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California Identified as the Biggest Crypto Market in the US; Recent Study Reveals
Analysis of online search trends has revealed California to be the United States’ biggest crypto market, generating the most engaged region for digital assets. The research, conducted by the online casino and sportsbook operator JeffBet, analysed online search data, covering a period of 12 months, comparing searches for 20 cryptocurrency-related keywords across each one of the…
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Overheard at Money20/20 Europe…
Money20/20 Europe has come to a close for another year. With 380 speakers sharing over 175 pieces of content across seven stages, it’s safe to say 2022 has been a year of incredible insights into the fintech industry. The Fintech Times team got to sit in on some amazing conversations, both on stage and off,…
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Data Encryption Strategies Become More Widespread as the Amount of Cloud-Based Data Rises
The number of organisations consistently applying a data encryption strategy has risen sharply in the space of a year, whilst many are finding it easier to locate the data they need for the job. Organisations reporting having a consistent, enterprise-wide encryption strategy in the Middle East leapt from 29 per cent to 63 per cent…
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Smartphones and Internet Penetration to Push African E-Commerce to $46.1Billion by 2025
As access to smartphones, the internet and fintech becomes a larger reality within Africa, the continent is increasingly positioning itself as a highly lucrative marketing within the e-commerce industry, which according to StockApps, will reach annual revenue of $46.1billion by 2025. Africa is shaping up to be the next hotbed for internet-based businesses, currently worth…
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Football and Fintech: The Latest Deals Bringing the Two Worlds Together
Research from data firm CLV Group has shown that the so-called ‘Big Six’ football clubs in the Premier League: Manchester United, Manchester City, Liverpool. Arsenal, Tottenham and Chelsea; are not entirely in touch with their fans’ interests. The findings suggested these clubs are sitting on £275million of under-exploited partnership value in the crypto sector, £54million…
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Money 20/20 Europe: TFT Bi-Weekly News Roundup 11/06
This special edition of The Fintech Times Bi-Weekly News Roundup brings you more news announcements from Money 20/20 Europe in Amsterdam this week. Mambu teams up with Western Union, Plazo and Allica Bank Cloud banking platform Mambu unveiled a trio of new collaborations at Money 20/20 Europe this week. Firstly, it has joined forces with…
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Atomic and Bond Launch New Lending Product ‘Paylink’
Atomic and Bond’s newly created lending product gives consumers access to better rates by leveraging untapped financial data and repayments from their payroll accounts, creating a unique benefit that drives recruiting and retention. Atomic FI, the market-leading payroll connectivity solution, and Bond Financial Technologies, the leading embedded finance company, announced the deepening of their existing…
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Two-thirds of Businesses Adopt Technology To Improve Efficiency
Businesses’ desire for efficiency is the key motivating factor encouraging the adoption of innovative technologies, such as augmented reality (AR), robotics and the Internet of Things (IoT), new research has revealed. According to the Digital Transformation & Next-Gen Business Technologies, 2022 Report, carried out by cloud-based accounting software platform, bluQube Accounting Software, almost two-thirds of…