Blog

May
21

Octet Europe announces deal with leading global investment platform

Octet Europe, part of the global Octet network, announced that GTR Ventures has taken an equity stake in it at the recent GTR UK 2019 event in London.

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May
21

This is what’s causing the latest bitcoin price surge

The ongoing U.S.-China trade war and a forthcoming cyclical halving in 2020 are two big reasons for the bitcoin price surge.

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May
21

Frost & Sullivan: The great shift towards a cashless society

Banknote producers and mints are starting to consolidate and merchants are seeing the merits to cashless payments, shifting in favour of consumer demands

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May
21

Money flows indicate the future is now

There is a massive shift of money coming out of actively managed funds and into ETFs as investors look to manage their fee budget more effectively.

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May
21

Banks still stalling real time payments: RBA

Big banks clinging to their legacy payments and IT platforms are continuing to stymie tangible benefits to consumers and business

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May
20

Fintech lender raises $8m and banks on Prospa IPO boost

Prospa rival Lumi is banking on a growth spurt when its competitor in the non-bank small business lender market lists on the ASX in coming weeks.

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May
20

EML Payments acquires UK fintech for $40.5m

EML Payments is bolting onto its growing European business with the purchase of UK fintech Flex-e-Card Limited.

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May
20

Bank of England’s chief economist thinks Bitcoin could replace cash

It took bitcoin an 85 percent crash followed by a 135 percent recovery to convince a prominent financial expert about its underlying potential. Andrew G Haldane, the chief economist of the Bank of England, said bitcoin is on its way to replace cash, according to an eyewitness’s account. The 51-year academic made the statement when he was interacting with an audience of students. One of them asked Haldane about his thoughts on the future of cryptocurrencies. Haldane replied that he believed bitcoin, in particular, would become as relevant as cash in the next 20-30 years. “Mr. Haldane said it [bitcoin] could replace cash, he even joked about us likely having […]
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