xRapid Brings on Three New Exchange Partners
Aug16

xRapid Brings on Three New Exchange Partners

xRapid, Ripple’s cross border payments product that minimizes liquidity costs, is powered by the superior speed, low transaction cost and scalability of the digital asset XRP. But for xRapid to be most successful, there needs to be a healthy ecosystem of digital asset exchange partners around the world. These exchanges allow xRapid payments to move from one currency – into XRP – and back into another currency quickly and...

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Money20/20 Europe 2018: Benoît Legrand, ING on how they deal with security in this digital age
Aug16
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Starling launches first personal loan products
Aug16

Starling launches first personal loan products

Instant unsecured loans of up to £5,000 Customers choose how to structure repayments No penalty fee for early repayment Competitive interest rates Starling Bank, the leading mobile-only bank, is rolling out its first loan products, which will help customers plan their borrowing effectively and spread the cost of big ticket items. Flexible, competitive and tailored to customers’ personal financial circumstances, Starling’s unsecured...

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Vena Solutions Builds on Powerful Modeling Capabilities with New Financial Planning & Analysis (FP&A) Product Release
Aug16

Vena Solutions Builds on Powerful Modeling Capabilities with New Financial Planning & Analysis (FP&A) Product Release

Vena Solutions, the fastest growing provider of cloud-based financial planning and analysis (FP&A) software, today announced its latest product release. The new release includes more than 20 new and enhanced features to support Vena’s already-robust business modeling capabilities, with augmented power BI integration, in-product customer support access, and more. “Vena’s ongoing technology innovation puts our customers first and...

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SugarCRM Partners with Private Equity Firm Accel-KKR for next phase of accelerated growth
Aug16

SugarCRM Partners with Private Equity Firm Accel-KKR for next phase of accelerated growth

The partnership is the latest milestone in SugarCRM’s journey and will accelerate its strategy of driving global growth with its award-winning relationship management platform. Accel-KKR has committed substantial investment dollars to drive product innovation, services, expanded capabilities and a strategic acquisition program. “Following several years of significant growth, market recognition and high customer satisfaction, this is...

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Wincie Wong, RBS on how are RBS looking to work with the Fintechs
Aug16
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Money20/20 Europe 2018: Bruno Peroni, Atlas Quantum on what advice would you give to someone investing in Crypto currency
Aug16
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Iain Kirkpatrick, Metro Bank on what’s next on the agenda for Metro Bank
Aug16
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L&C MORTGAGES’ ONLINE MORTGAGE FINDER RECEIVES OVER £2.6 BILLION IN MORTGAGE APPLICATIONS
Aug16

L&C MORTGAGES’ ONLINE MORTGAGE FINDER RECEIVES OVER £2.6 BILLION IN MORTGAGE APPLICATIONS

L&C, the leading fee free mortgage broker, has seen over £2.6bn worth of mortgage applications through its online tool since its launch 12 months ago. The Mortgage Finder service, available across all devices, enables customers to input their personal financial information and mortgage requirements, to find a borrowing amount and range of mortgage deals to suit them. The mortgage deals shown take into account eligibility criteria...

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deVere Group increases its investment into the UK
Aug16

deVere Group increases its investment into the UK

The deVere Group has today confirmed its UK subsidiary, UK Workplace Solutions Limited (UK WPS), has received the required Approval Notice from the Financial Conduct Authority (FCA), allowing it to finalise the acquisition of WPS Advisory Limited (WPSA), formerly trading as Priscum Direct. Nigel Green, deVere Group founder and chief executive, affirms: “We’re understandably thrilled with this development. “This latest group...

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CAPPITECH EXPANDS TRADE REPORTING SOLUTION IN AUSTRALIA WITH CME GROUP INTEGRATION
Aug16

CAPPITECH EXPANDS TRADE REPORTING SOLUTION IN AUSTRALIA WITH CME GROUP INTEGRATION

Cappitech, a leading provider of regulatory reporting and intelligence technology for the financial services industry, today announced that it has expanded its integrated reporting solution to CME Group’s Australian Trade Repository (ATR).  This integration provides investment firms with automation technology to comply with ASIC Derivative Reporting requirements and extends Cappitech’s existing cooperation with the CME Group on its...

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UK’s first paperless mortgage process a resounding success for both RBS and its customers
Aug16

UK’s first paperless mortgage process a resounding success for both RBS and its customers

The UK’s first completely paperless mortgage process has been launched by Royal Bank of Scotland Group (RBS), powered by Vizolution. Since its launch in 2018 it has exceeded all expectations for both the bank and its customers. Available at RBS, NatWest and Ulster Bank, the latest technology, DigiDocs, which is powered by two of Vizolution’s flagship solutions, vDoc and vScreen, allows bank customers to complete their mortgage...

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BFS appoints new Commercial Director for Europe and Asia
Aug16

BFS appoints new Commercial Director for Europe and Asia

Bibby Financial Services (BFS) has appointed Paul Stack as Commercial Director for Europe and Asia. Paul started his new role on 1 August and will oversee product, pricing and commercial strategy implementation across the regions, reporting into Richard Carter, CEO for Europe and Asia. Paul joined BFS in April 2015 as UK Product Director, tasked with driving the development, management and innovation of the UK product portfolio....

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Ferenc Böle, OTP Bank on what the biggest challenges in the industry at the moment
Aug16
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Royal Bank of Scotland welcomes tech pioneers to Edinburgh
Aug16

Royal Bank of Scotland welcomes tech pioneers to Edinburgh

RBS’ annual Disrupt conference is today (Thursday 16 August) welcoming a range of world leading tech pioneers, including the founder of the world wide web, Sir Tim Berners-Lee, to Edinburgh to discuss how technological innovation can be harnessed to address social needs. The event, now in its second year and dubbed Disrupt 2.0, will hear from an expert at a company breaking new ground in advanced life-like AI, the CEO of the world’s...

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Prudential’s PRU Fintegrate 2018 Focuses on  10 Fast-Growing Areas in Insurance
Aug16

Prudential’s PRU Fintegrate 2018 Focuses on 10 Fast-Growing Areas in Insurance

Prudential Singapore (Prudential) today announced the second edition of its digital innovation programme, the PRU Fintegrate Partnership (PRU Fintegrate), which is now open to scale-ups from around the world. This year, the insurer has identified opportunities for collaboration in 10 rapidly-growing areas, including preventative healthcare, enterprise solutions, customer engagement and underwriting [See Annex 1 for the full...

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Experian launches powerful analytics solution to help businesses harness the benefits of big data
Aug16

Experian launches powerful analytics solution to help businesses harness the benefits of big data

Experian has launched a new analytics solution in the UK to help organisations make fast, reliable decisions with deeper insight than ever before. Experian Ascend Analytics on Demand is an integrated data and analytics platform which offers cutting-edge insights to businesses of all sizes. The UK launch follows a successful introduction in North America. Ascend allows Experian’s clients to access a full range of Experian’s anonymised...

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Abacus Group Recognized by Inc. Magazine as One of America’s Fastest-Growing Private Companies
Aug16

Abacus Group Recognized by Inc. Magazine as One of America’s Fastest-Growing Private Companies

Inc. magazine today revealed that Abacus Group has been placed on its Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. Abacus Group, a leading provider of hosted IT solutions and service for alternative investment firms, is ranked No. 3950 with three-year revenue growth of 90 percent. The 37th annual Inc. 5000 list represents a unique look at the most successful companies within the U.S....

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ATM hackers steal $10m across 28 countries in audacious bank heist
Aug16

ATM hackers steal $10m across 28 countries in audacious bank heist

Lu Zurawski, Practice Lead Retail Banking, ACI Worldwide ATMs rely on operating systems just like domestic computers, so it is common for ATMs to use versions of Windows or Linux. And just like with home PCs, owners need to keep their systems up to date with the latest releases of security software patches. Without such defences, enterprising criminals may be able to discover vulnerabilities in the operating system. They may be able...

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JPMorgan Chase Announces 2019 Investor Day
Aug16

JPMorgan Chase Announces 2019 Investor Day

JPMorgan Chase & Co. (NYSE:JPM) (“JPMorgan Chase” or the “Firm”) will hold an Investor Day in New York City on Tuesday, February 26, 2019 with presentations given by Jamie Dimon, Chairman and Chief Executive Officer, and members of executive management. A live audio webcast and presentation slides will be posted on the day of the event to www.jpmorganchase.com under Investor Relations, Events &...

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Standard Chartered enhances its SWIFT for Corporates Trade solution
Aug16

Standard Chartered enhances its SWIFT for Corporates Trade solution

Standard Chartered has enhanced its SWIFT for Corporates Trade solution to provide a full suite of trade messaging capabilities which will enable the digitisation of trade and trade finance for their international clients. This is in line with the current wave of digital initiatives across the industry and in preparation for the impending changes in SWIFT Trade message formats. Samuel Mathew, Global Head, Documentary Trade,...

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iComply Launches Public Beta to Deliver Legitimacy to Security Token Platforms and Exchanges
Aug16

iComply Launches Public Beta to Deliver Legitimacy to Security Token Platforms and Exchanges

– iComply Investor Services (“iComply”), a leading global RegTech platform for digital finance and cryptocurrencies is announcing the launch of its public beta following the closure of a seven-figure seed round that was covered by Coindesk earlier this week. The announcement included exclusive interview questions with one of iComply’s investors, Deven Sharma. Sharma formerly served as President of Standard and Poor’s, and he...

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AGDELTA DEEPENS EXECUTIVE TEAM WITH NEW HONG KONG HIRE
Aug16

AGDELTA DEEPENS EXECUTIVE TEAM WITH NEW HONG KONG HIRE

AGDelta, the award-winning Asia-based B2B2C FinTech firm that connects the financial products supply chain, announces the appointment of David Roy as Managing Director – Product Management, based in Hong Kong. David comes from the leading global private bank, JPMorgan Chase. He has worked in both private banking and asset management technology in Asia, in Europe and in the USA across disciplines such as trading, compliance, data...

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Open Banking pioneer Deposit Solutions closes new investment round of USD 100m led by Vitruvian Partners and sees valuation exceed USD 500m
Aug16

Open Banking pioneer Deposit Solutions closes new investment round of USD 100m led by Vitruvian Partners and sees valuation exceed USD 500m

Deposit Solutions, the Open Banking pioneer and leading international platform for savings deposits, announced the closing of a new funding round today. The round was led by private equity firm Vitruvian Partners. Vitruvian was joined by Kinnevik and existing shareholders including Deposit Solutions’ first institutional shareholder e.ventures in a transaction worth a total of USD 100m, valuing the company at USD 500m. Dr. Tim Sievers,...

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Industrial Bank Co., Ltd creates new Hong Kong Private Banking Business with Avaloq Banking Suite
Aug16

Industrial Bank Co., Ltd creates new Hong Kong Private Banking Business with Avaloq Banking Suite

Fuzhou-headquartered Industrial Bank Co., Ltd, one of China’s largest banking groups with total assets of CNY 6.09 trillion1, has selected Avaloq to provide a comprehensive front-to-back banking solution for its Hong Kong Branch private banking business. In conjunction with Avaloq’s premium implementation partner Orbium, the Avaloq Banking Suite was implemented in just six months. The solution is already live and will allow Industrial...

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Money20/20 Europe 2018: Myles Stephenson, Modulr on their thoughts about the open API’s and Open Banking
Aug15
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Harm Vollmuller, InsureApp on what kind of pain points are InsureApp looking to remove for the customer
Aug15
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Money20/20 Europe 2018: Crystal Stranger, PeaCounts on enjoying Money20/20
Aug15
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Dan Jones, Capco on what developments they have helped financial institutions with
Aug15
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Money20/20 Europe 2018: Leonidas Koukoutsas, Matica Technologies on enjoying Money20/20
Aug15
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Fintech Power 50 Recruits Global Expert
Aug15

Fintech Power 50 Recruits Global Expert

With an outstanding Fintech pedigree, Mark Walker has joined The Fintech Power 50 as Head of International. Working closely with the final 50 members, Mark’s wealth of experience and extensive network will help in connecting them with strategic partners in the Fintech industry from around the globe. Mark said, “After spending the last three years in London specialising in the UK tech ecosystem and Fintech sector, I’m excited to be...

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Craig Ramsey, ACI Worldwide on what are some of the biggest challenges facing the financial industry at the moment
Aug15
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Pranav Seth, OCBC Bank on what work they are doing with chat bots
Aug15
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What to look out for when investing in cryptocurrency for the first time?
Aug15

What to look out for when investing in cryptocurrency for the first time?

By Thomas Hulme, a specialist in cryptocurrency law at Mackrell Turner Garrett Solicitors in London. The volatile price of cryptocurrencies over the last 12 months has attracted people to set up companies to facilitate this new, digital asset. This includes exchanges, wallet providers, market makers and cryptocurrency-based contracts (Contracts for difference, CFD). As such, investors have made significant amounts of money by buying...

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FreeAgent first UK company to secure Open Banking registration from FCA
Aug15

FreeAgent first UK company to secure Open Banking registration from FCA

FreeAgent, the award-winning, and innovative cloud accounting software provider, has received new credentials from the UK’s Financial Conduct Authority (FCA) enabling it to provide Open Banking services to freelancers, contractors, micro-business owners and their accountants. The company is now registered as an official Account Information Services Provider (AISP) under the terms of PSD2 – the new EU-wide legislation designed to...

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Temenos and LUXHUB collaborate to deliver PSD2 solution for Fortuna Banque
Aug15

Temenos and LUXHUB collaborate to deliver PSD2 solution for Fortuna Banque

Temenos (SIX:TEMN), the banking software company, and LUXHUB, the European Open Banking API platform service provider, announced today that Fortuna Banque, which signed with Temenos for T24 Core Banking and Channels in March 2017, has chosen to use the LUXHUB service platform, in conjunction with the Temenos T24 Core Banking PSD2 module, as a first and immediate step, to comply with the PSD2 Directive and standards. Fortuna Banque’s...

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Applied Blockchain Becomes Energy Web Foundation Affiliate to Drive Blockchain Technology Implementation across the Energy Sector
Aug15

Applied Blockchain Becomes Energy Web Foundation Affiliate to Drive Blockchain Technology Implementation across the Energy Sector

Applied Blockchain, a leading developer of distributed ledger technology and smart contracts, has become an affiliate of the Energy Web Foundation (EWF), a global non-profit organisation focused on unleashing blockchain’s potential in the energy sector by building the first open-source, scalable core blockchain platform tailored specifically to the industry. As an EWF Affiliate, Applied Blockchain joins an innovative ecosystem of...

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DevOps adoption will accelerate over the next two years in the financial services sector, finds Claranet
Aug15

DevOps adoption will accelerate over the next two years in the financial services sector, finds Claranet

New research commissioned by managed services provider Claranet has revealed that there is significant appetite for embracing a DevOps approach to services in the financial services sector, with many looking to scale up their efforts as part of a wider application-first philosophy. Despite this, there are still hurdles to overcome if DevOps is to become the modus operandi in the sector, with a greater emphasis on cloud usage and...

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Insurance Companies start experimenting with Blockchain technology
Aug15

Insurance Companies start experimenting with Blockchain technology

The insurance sectors’ experiment with Blockchain technology is due to take place to help resolve disputes with car-liability claims in the pre-litigation phase. The initiative is led by ANIA (National Association of Insurance Companies), with the collaboration of Reply, CeTIF (Research Centre on Technology, Innovation and Financial Services) – Università Cattolica del Sacro Cuore in Milan and with the participation of IVASS...

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HUOLETI ACCELERATES TOWARDS U.S. AND EUROPEAN MARKETS AT VERTICAL ACCELERATOR GROWTH TRACK
Aug15

HUOLETI ACCELERATES TOWARDS U.S. AND EUROPEAN MARKETS AT VERTICAL ACCELERATOR GROWTH TRACK

The community around a critical care patient affects his or her recovery and wellbeing today more than ever. Hospitals and pharma companies are determined to offer better service and care for their customers. Research shows that medicine is not the only treatment – community and social support drives between 70 and 80 % of the health and wellbeing of patients. Huoleti is a support service for patients and their friends and...

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Considered ‘Amazon Tax’ Could Cause Significant Impact on Warehousing and Logistics Sector, According to Midland Pallet Trucks
Aug15

Considered ‘Amazon Tax’ Could Cause Significant Impact on Warehousing and Logistics Sector, According to Midland Pallet Trucks

The UK government’s suggested ‘Amazon tax’ is likely to have implications that go beyond big online retailers, says Midland Pallet Trucks. While such a move could be positive for the traditional retailers, any proposed changes would need to consider the broader digital commerce supply chain, the leading pallet truck specialist has said. In an interview with Sky News, Finance Minister Phillip Hammond revealed that the UK government has...

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What makes a successful investor? Zopa lifts the lid on the quirks commonly shared by British investors
Aug15

What makes a successful investor? Zopa lifts the lid on the quirks commonly shared by British investors

A new study commissioned by Zopa, the pioneering financial services company, has revealed the interesting characteristics shared by British investors. The research, which polled 2,000 people with an investment of at least £2,000, found some surprising traits. While all Britons have their own individual superstitions and idiosyncrasies, those who invested were more likely to own a blue car than any other colour (one in five), one in...

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Los Angeles to host 2018 US China Blockchain and Digital Currency Conference on August 22
Aug15

Los Angeles to host 2018 US China Blockchain and Digital Currency Conference on August 22

The 2018 US China Blockchain and Digital Currency Conference at LAX Marriott Hotel on August 22, 2018 is organized by Blockchain China Connect, Artisan Business Group, Inc., and partnered with FundingPost.com. Event sponsors include Triphop, a social travel and rewards platform based out of Silicon Valley that aims to enhance the travel experience for hotel guests while simultaneously helping hotels leverage social media marketing,...

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BITBOX Exchange Adds TRON (TRX), as LINE Expands Cryptocurrency Businesses
Aug15

BITBOX Exchange Adds TRON (TRX), as LINE Expands Cryptocurrency Businesses

LINE Corporation announced today that it has added TRON (TRX) to BITBOX, LINE’s recently launched cryptocurrency exchange. TRON (TRX), a global decentralized blockchain platform, is the first coin project to pass the review process by the BITBOX open-listing committee. The open-listing committee and review process is part of BITBOX’s principle that all projects in the cryptocurrency community deserve an equal opportunity to be...

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NEW SERVICE INFORMATION TO HELP CURRENT ACCOUNT CUSTOMERS COMPARE PROVIDERS
Aug15

NEW SERVICE INFORMATION TO HELP CURRENT ACCOUNT CUSTOMERS COMPARE PROVIDERS

From today, consumers and businesses will have access to more information than ever before about the service offered by current account providers, helping them compare different offerings more easily. Banks, building societies and regulators have worked together to develop comprehensive information about the quality of service offered and individual financial providers will display the details on their websites and in branches. The...

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Banks scored on quality of service
Aug15

Banks scored on quality of service

New information, out today, means customers can more clearly see how their bank compares on quality of service, following CMA and FCA action. From today (15 August 2018), banks must publish information on how likely people would be to recommend their bank – as well as its online and mobile banking, branch and overdraft services – to friends, relatives or other businesses. The results come from an independent survey of thousands of...

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FICO Survey: Most UK Firms Have Cybersecurity Insurance — But Not Full Coverage
Aug15

FICO Survey: Most UK Firms Have Cybersecurity Insurance — But Not Full Coverage

The number of UK firms with cybersecurity insurance has risen in the past year — but less than half say their cyber insurance covers all risks. The second annual cybersecurity survey from research and consultancy firm Ovum, for Silicon Valley analytics firm FICO, found that the number of UK firms reporting they have no cybersecurity insurance dropped from 31 percent in 2017 to 10 percent in 2018. While this is substantially better...

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Exchange Traded Funds- What do they mean for the future of Cryptocurrency and Blockchain?
Aug15

Exchange Traded Funds- What do they mean for the future of Cryptocurrency and Blockchain?

What is an ETF? An ETF (Exchange-Traded Fund) trades like a stock and can be pegged to a commodity, an index, an index fund or a bond and is fully regulated by a country’s regulating body depending on the exchange jurisdiction it is trading within.  ETF’s tend to be liquid and were originally created to allow investment entities like Pension Funds gain exposure to the asset classes mentioned above in the form of trading shares....

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Fintech company Bud announced as a winner of £2 million prize to build AI engine helping renters become homeowners
Aug15

Fintech company Bud announced as a winner of £2 million prize to build AI engine helping renters become homeowners

“Generation Rent” has become shorthand for young people unable to get on the housing ladder due to rising house prices, high rental costs and thin credit files, something the UK government is looking to tackle with the Rental recognition Challenge: A prize for entrepreneurs looking to solve this problem. Bud, an open banking platform, is using the prize fund to build artificially intelligent software that automatically detects...

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Julie Connor, Bank of Ireland on Open API-based architecture
Aug14
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