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August 2015

A bit more information

$25 millon funding strengthens Harkand operations

17th August 2015
Harkand’s key shareholder Oaktree Capital Management has reaffirmed a strong commitment with an additional $25 million (USD) of funding which will allow the company to expand its footprint in new and existing regions. As well as maintaining its operations in current market conditions, the global inspection, repair and maintenance company has recently been awarded three […]
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Funding boost for language app: Babbel raises $22 million

14th August 2015
Babbel, the leading app for language learning, today announces the successful completion of $22 million investment round to drive further growth. The round is led by Scottish Equity Partners (SEP) and supported by existing investors Reed Elsevier Ventures, Nokia Growth Partners (NGP), and VC Fonds Technology Berlin managed by IBB Bet. The investment will add momentum to the company’s impressive growth, while ensuring the continuation of its […]
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Apple Pay's UK performance highly anticipated

13th August 2015
Apple Pay contactless payments use proven NFC (near field communication) technology built into compatible devices in conjunction with the iPhone’s existing Touch ID fingerprint sensor for security, allowing single step transactions. NFC automatically launches Pay when placed near a NFC terminal resulting in rapid transactions; supporting ‘queue busting’ customer journeys, such as transport hubs or […]
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IPC accelerates global expansion by enhancing network capabilities in key European market

12th August 2015
IPC Systems, Inc., a global provider of specialised communications and managed network-as-a-service (MNaaS) solutions for the financial trading community, has enhanced its network capabilities at seven points-of-presence (PoPs) in the Netherlands, Germany, Denmark, Sweden and Switzerland. IPC’s PoPs in Amsterdam, Frankfurt, Copenhagen, Geneva, Stockholm and Zurich have been enabled to support all of IPC’s data […]
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Sequent and Arxan Partnership Advances Security for Mobile Payments

11th August 2015
Sequent, a provider of digital issuance and mobile wallet platform as-a-service, and Arxan Technologies, the leading provider of application protection solutions, today announced a strategic partnership to deliver secure mobile payments for financial institutions and other organisations deploying mobile payment solutions. Sequent and Arxan are combining their industry-leading security technologies in a new solution that protects Host […]
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Prosper’s Growth History: $4 Billion in Loan Originations Since Launch

10th August 2015
P2P lending company Prosper, recently published some facts and stats about its history, performance, and future plans according to Julie Schicktanz at Finovate. Prosper launched in 2006, and six years later, in 2012, the company had closed $150 million in loans. In 2014, Prosper closed $1.6 billion in loans. At the time, this was a […]
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Over a third of consumers don't understand their credit score

7th August 2015
Whether it is applying for a mortgage, buying a car or applying for a credit card, having a positive credit score is vital. However, it appears that many Brits do not understand what can help or hinder their credit score. New research* conducted by credit information provider, Equifax, highlights a surprising lack of knowledge when […]
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Budget Pension Changes

6th August 2015
Investors have a window of opportunity to make the most of pensions tax relief before the current system changes; none more so than top earners who have already been served notice and who can claim up to £81,000 in tax relief in the current tax year before having their allowance slashed next year. Tom McPhail, […]
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18% Rise in Money Transfers to Greece From UK

5th August 2015
Xendpay.com, the world’s first free money transfer service, has found money transferred via their service from the UK to Greece has risen by 18%, citing an increase in individuals based in the UK sending money back home to support their family and friends as money-flow in Greece continues  tightened. This latest sign of desperation in […]
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UK Business Owners Calling For More Education For Start-Ups

4th August 2015
Fewer UK businesses would fail if owners had more knowledge of the world of business prior to taking the plunge and setting up themselves, according to two thirds (63%) of SME owners. Small business owners are now calling for more education for those in the process of setting up in business, as research today reveals […]
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The Big Interview

3rd August 2015
Dr. Robecca Quammen
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