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Metro Bank Introduces Cash Delivery Service For SMBs

PYMNTS

Metro Bank has launched an app called MCash for small- and medium-sized businesses (SMBs) to pick up and drop off cash as needed, according to reports on Monday (Dec. Metro Bank’s customers will make about 250,000 trips to either deposit or take money out every year, an activity that totals about £30 million of deposits every month.

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Metro Bank Links With ezbob For Same-Day SMB Loans

PYMNTS

To provide a digital lending offering for small business clients, Metro Bank has collaborated with banking software provider ezbob. Metro Bank Chief Commercial Officer Paul Riseborough said, according to reports, “We know quick, reliable access to finance is crucial for small businesses to seize opportunities to grow.

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How A Retail Incubator Could Produce The Next Big Innovation

PYMNTS

The myth of the lone (and possibly mad) scientist died out a long time ago, as the industrial age led to teams of researchers working together (or at healthy cross purposes) to enable innovation. The basic idea behind LISNR is to send data securely via audio. “For Science and invention are collective pursuits. That’s the tech part.

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US Finance Crimes Org Calls For Private Sector Innovation

PYMNTS

The Financial Crimes Enforcement Network ( FinCEN ) is launching an initiative called the FinCEN Innovation Hours Program, as a call to private sector companies that have developed tech to fight money laundering and terrorist financing, the organization said in a release. FinCEN expects to hold events in the Washington, D.C.

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Metro Bank brings fintech to UK SMEs with GBP 120 mln funding

The Paypers

(The Paypers) UK-based Metro Bank has announced three fintech and SME partnerships, following GBP 120 million funding it secured from the Capability and Innovation Fund.

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Taking Real-Time Payment Rails To The Tipping Point

PYMNTS

Tools that can fill specific business needs and features beyond more than just real-time speeds are beginning to grow more important, propelling development and innovation in this area. The aim of creating this system was both to provide more speed and security to the country’s merchants.

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Top News In Payments: UK Challenger Banks Struggle To Thrive, Amazon Wants To Expand Go Tech

PYMNTS

Challengers like Monzo , Santander and Metro Bank were forecast to put a stop to the dominance of the big four. Metro Bank shares dropped 30 percent after it was forced to cancel a planned bond sale, while Santander lost 1.5 Challenger banks in the U.K. They are, however, failing to thrive per reports. billion pounds ($1.8

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