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Manchester Credit Union signs payments deal with ClearBank
ClearBank is providing direct access to Faster Payments via incuto’s banking technology platform. It says the credit union can offer “viable and equitable” ...
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Saudi Arabia plans new SME bank to underpin local funding
Saudi Arabia’s government has approved the establishment of a new bank for small and medium-sized enterprises (SMEs). The new bank, dubbed The Bank ...
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Newly licensed UK bank Cashplus is raising £50m
Cashplus, a UK-based challenger which landed a full UK banking licence earlier this month, is in the swings of a £50 million funding round. The ...
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Open banking firm Yolt Technology Services gets PSD2 license from FCA
Open banking provider Yolt Technology Services (YTS) gets nod for the PSD2 license from the Financial Conduct Authority (FCA) enabling the firm to ...
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What do these 36 FinTech rounds raised in the last week reveal about the industry
Companies operating in the WealthTech, cybersecurity, RegTech, anti-fraud, PropTech, credit, InsurTech and loan segments of the FinTech industry raised money over the course ...
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Monzo CEO calls on government to make gambling blocks mandatory for banks
Neobank Monzo’s CEO has called on the UK government to make gambling blocks mandatory for banks in a bid to limit the risks ...
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Cryptocurrency ban: SEC, CBN to provide level field for investments
The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have agreed to collaborate and conduct research with a view ...
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Uniswap’s 2020 UNI Airdrop Now Worth $12,000
It’s safe to say that the past year has been particularly tumultuous and interesting when it comes to the cryptocurrency markets. The entire ...
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6 Nigerians make UK Royal Academy’s 2021 Africa Prize for Engineering Innovation Shortlist
Six Nigerian innovators have been shortlisted among 10 others for the Africa Prize for Engineering Innovation (APEI), UK Royal Academy of Engineering. This year’s ...
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Sudan Central Bank Devalues the Currency to Revive Economy
Sudan’s central bank steeply devalued the country’s currency, as part of a broader effort to win debt relief and revive the struggling economy. ...