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RBS Fund Takes Back £50M From Metro Bank

PYMNTS

After Metro Bank recently pulled back from plans to expand and decided to move away from lending for mortgages, the bank said it will return £50 million from the RBS bailout fund, according to a report. The company’s plans were thwarted when it was revealed that it was miscategorizing a number of loans when figuring out capital requirements.

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Bitcoin Daily: China Debuts Blockchain-Backed Subway eInvoices; Bitcoin’s Crypto Market Majority On The Decline

PYMNTS

percent of the market’s total capitalization, falling to a low of 50.54 The invoice, which was issued at the Futian Station of the Shenzhen Metro, was developed by the Shenzhen Municipal Taxation Bureau with the help of Chinese tech giant Tencent , according to Coin Telegraph. percent on March 17. Parliament on Monday (March 18).

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High-Profile — But Secretive — Funding For B2B FinTechs

PYMNTS

For startups, 2016 wasn’t the best year in venture capital. VCs used 2016 to manage costs, set priorities and valuations,” explained Rahul Khanna, managing partner at Trifecta Capital, in an interview with Business Standard published Wednesday (Dec. They need to manage the burn, drift and cut losses.”.

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Challenges for the neo-challengers: Four hurdles to overcome

Accenture

In my frequent conversations with clients across the UK and Irish banking industry, one of today’s hottest topics is the rise of the challenger banks such as CYBG, Metro and AIB UK, and particularly the neo-challenger banks providing digital-only services, like Monzo, Atom and Starling. Why the intense interest in the neo-challengers?

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Consortia Key To Blockchain’s Success, Says Deloitte

PYMNTS

It was Deloitte’s first public investment in a blockchain startup, according to reports, but the company had already been working with SETL to develop contactless card solutions for Metro Bank. This diversity may be a testament to the versatility of the technology,” Managing Director David Schatsky said in a statement.

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Whole Paycheck Tracker: Accelerating Automation To Capture Consumer Spend

PYMNTS

metros with more set to be added by Amazon by year’s end. We are inspired by Canvas Technology’s innovations, and share a common vision for a future where people work alongside robotics to further improve safety and the workplace experience,” an Amazon spokesperson said. “We With the additions, Prime delivery is now online in 75 U.S.

Taxes 100
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Are Banks Different?

Jeff For Banks

Disciplined execution on our strategic priorities resulted in exceptional growth in organic loans and core deposits, which combined with effective expense management, collectively yielded net income of $xx million. Wealth Management added new product offerings and we are now building our marketing team.

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