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Mastercard and Phos pilot SoftPOS for micro and SME merchants

3/13/2020

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Mastercard is partnering with Phos on a four week field trial of a SoftPOS solution that enables mer...

Via https://www.finextra.com/newsarticle/35448/mastercard-and-phos-pilot-softpos-for-micro-and-sme-merchants?utm_medium=rssfinextra&utm_source=finextrafeed
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Fintech jobs market show healthy upward trend

3/13/2020

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Despite a year of political turbulence, 2019 saw a continued growth in demand for IT professionals i...

Via https://www.finextra.com/newsarticle/35447/fintech-jobs-market-show-healthy-upward-trend?utm_medium=rssfinextra&utm_source=finextrafeed
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Smart Tech Partnerships are Vital in Driving Better Access to SMB Finance

3/13/2020

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Small and medium-sized business (SMBs) are often cited as a major economic driver and force for job...

Via https://www.finextra.com/blogposting/18537/smart-tech-partnerships-are-vital-in-driving-better-access-to-smb-finance?utm_medium=rssfinextra&utm_source=finextrafeed
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Valuing companies amidst a space race

3/13/2020

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According to various sources, total funding for space companies reached close to US$6 billion in 201...

Via https://www.finextra.com/blogposting/18535/valuing-companies-amidst-a-space-race?utm_medium=rssfinextra&utm_source=finextrafeed
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Managing systemic change across European payments

3/13/2020

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Tom Callaert, Senior Payments Expert - Securities Initiatives & Payment MIs, SWIFT speaks to Finextr...

Via https://www.finextra.com/videoarticle/2312/managing-systemic-change-across-european-payments?utm_medium=rssfinextra&utm_source=finextrafeed
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Deposit Cash Get Arrested

3/13/2020

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Deposit Cash, Get Arrested! Banking has evolved more in the last few years than in the last few de....

Via https://www.finextra.com/blogposting/18533/deposit-cash-get-arrested?utm_medium=rssfinextra&utm_source=finextrafeed
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Is AI just as Biased as the Humans Creating It?

3/13/2020

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"The saddest aspect of life right now is that science gathers knowledge faster than society gat...

Via https://www.finextra.com/blogposting/18532/is-ai-just-as-biased-as-the-humans-creating-it?utm_medium=rssfinextra&utm_source=finextrafeed
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Facing the challenges around risk regulation and compliance

3/13/2020

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Paul Adams, International Payments Director, Barclaycard speaks to Hannah Wallace, FinextraTV at Mer...

Via https://www.finextra.com/videoarticle/2313/facing-the-challenges-around-risk-regulation-and-compliance?utm_medium=rssfinextra&utm_source=finextrafeed
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Webinar - The Critical Role of Agile Technology for Credit Portfolios

3/13/2020

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The prevalence of credit scoring systems has increased significantly over recent years and today, cr...

Via https://www.finextra.com/eventarticle/2479/webinar---the-critical-role-of-agile-technology-for-credit-portfolios?utm_medium=rssfinextra&utm_source=finextrafeed
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Webinar - How to Remain Customer-Centric Amid Credit Saturation

3/13/2020

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The banking mission statement continues to centre around putting the customer first and providing ef...

Via https://www.finextra.com/eventarticle/2478/webinar---how-to-remain-customer-centric-amid-credit-saturation?utm_medium=rssfinextra&utm_source=finextrafeed
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Credit Agricole to explore new frontiers in blockchain with Marco Polo trial

3/12/2020

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Following an evaluation period in 2019, CrΓ©dit Agricole CIB has announced that it is entering a pilo...

Via https://www.finextra.com/pressarticle/81815/credit-agricole-to-explore-new-frontiers-in-blockchain-with-marco-polo-trial?utm_medium=rssfinextra&utm_source=finextrafeed
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Bank of England calls for feedback on CBDC creation

3/12/2020

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The Bank of England is calling for input from industry and the public on the pros and cons of introd...

Via https://www.finextra.com/newsarticle/35450/bank-of-england-calls-for-feedback-on-cbdc-creation?utm_medium=rssfinextra&utm_source=finextrafeed
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AMF floats creation of European 'Digital Lab' for security token experiments in financial settlement

3/12/2020

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Legal analysis on the application of financial regulations to security tokens and precisions on bull...

Via https://www.finextra.com/pressarticle/81808/amf-floats-creation-of-european-digital-lab-for-security-token-experiments-in-financial-settlement?utm_medium=rssfinextra&utm_source=finextrafeed
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Alchemy partners with Skeps to build blockchain infrastructure for consumer loans

3/11/2020

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Alchemy Technologies, (β€œAlchemy”) a leading fintech infrastructure development company partners with...

Via https://www.finextra.com/pressarticle/81795/alchemy-partners-with-skeps-to-build-blockchain-infrastructure-for-consumer-loans?utm_medium=rssfinextra&utm_source=finextrafeed
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R3 appoints former IBM and AWS exec to head up partner programme

3/11/2020

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R3, the enterprise blockchain software firm, has appointed former IBM and Amazon Web Services execut...

Via https://www.finextra.com/pressarticle/81791/r3-appoints-former-ibm-and-aws-exec-to-head-up-partner-programme?utm_medium=rssfinextra&utm_source=finextrafeed
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Libra competitor Celo launches 'Alliance for Prosperity'

3/11/2020

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Libra is getting some competition. The Celo Foundation has signed up 50 members to its 'Alliance for...

Via https://www.finextra.com/newsarticle/35441/libra-competitor-celo-launches-alliance-for-prosperity?utm_medium=rssfinextra&utm_source=finextrafeed
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Standard Chartered joins TradeLens

3/11/2020

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Standard Chartered has become the first financial institution to join the TradeLens blockchain-enabl...

Via https://www.finextra.com/newsarticle/35439/standard-chartered-joins-tradelens?utm_medium=rssfinextra&utm_source=finextrafeed
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Japan's Financial Services Agency institutes 'Blockchain Governance Initiative'

3/10/2020

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On March 10, 2020, The Financial Services Agency Japan (JFSA) and Nikkei Inc. held β€œBG2C - Special O...

Via https://www.finextra.com/pressarticle/81772/japans-financial-services-agency-institutes-blockchain-governance-initiative?utm_medium=rssfinextra&utm_source=finextrafeed
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CoronaVirus Effect: Stock Markets Circuit Breakers, Crude Oil Crash, BTC and Alts shorting & longing

3/9/2020

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In this video, we will talk about the CoronaVirus Effect on economies and daily lives globally, the Stock Markets crash, the Circuit Breaks, the Crude Oil Crash(33%+), and the BTC & Altcoins markets current situation!

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ING invests in securities lending platform HQLAx

3/9/2020

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ING has invested in securities lending platform HQLAx, which went live in December 2019.

Via https://www.finextra.com/newsarticle/35425/ing-invests-in-securities-lending-platform-hqlax?utm_medium=rssfinextra&utm_source=finextrafeed
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Crypto exchange tech firm AlphaPoint raises $5.6m

3/6/2020

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Crypto-focused exchange software provider AlphaPoint has raised $5.6 million in new funding from unn...

Via https://www.finextra.com/newsarticle/35418/crypto-exchange-tech-firm-alphapoint-raises-56m?utm_medium=rssfinextra&utm_source=finextrafeed
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IBM blockchain partner: Rival companies must join forces for common sustainable goals

3/6/2020

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Using blockchain and other technologies to work towards sustainable goals requires companies to brea...

Via https://www.finextra.com/newsarticle/35415/ibm-blockchain-partner-rival-companies-must-join-forces-for-common-sustainable-goals?utm_medium=rssfinextra&utm_source=finextrafeed
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LocalAgro – Blockchain Based Agricultural Business Platform

3/5/2020

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Picture
We are pleased to present to your attention LocalAgro, an International Agricultural Business Platform designed for local food market participants and equipped with a wide range of communication and search tools that provide a full range of services for business relations.
The platform based on blockchain technologies and designed to simplify business processes and cut out the middlemen between the food producer and consumer.
Food drives the world!Agriculture is an industry with a total volume of over 8.7 trillion dollars, and it is growing.
If current population growth trends continue, by 2050, the demand for calories will increase by 70 percent and the demand for crops for human consumption and animal feed will increase by at least 100 percent.
According to leading expert agencies, the agro-industrial complex accounts for more than a quarter of the world’s GDP and its volume is constantly growing. According to the cost of produced food and the volume of investments, the agro-industrial market ranks first among the macroeconomic complexes of most developed countries.
In the next 10 years, the agricultural trade in the world expected to continue to grow steadily. As a result, the impact of the trade on the level and nature of food security will increase in all regions of the World.
Problems and SolutionsWell known that the agriculture producer receives less than 20% of the price paid by the customer. The LocalAgro platform reduces this difference. It designed to help the producer regardless of his location, production volume, political or economic situation as well as the level of development of the banking system in his country. According to our research, the use of our platform will allow the producer to receive up to 80% of revenue from the price paid by consumers.
In addition to directly connecting producers and consumers of agricultural products companies, state-owned enterprises and private individuals offering certain services in the agricultural industry such as leasing, insurance, logistics, banking, escrow, real estate sales, custom duty and fees consulting will be fully-fledged participants in the LocalAgro community.
The financial basis of relations between producer and consumer will be our decentralized cryptographic currency LAC, which will reduce transaction time, lower payment cost, plus secure and enforce fair transactions by using our smart contract and LAC coins.
An important part of our platform will be assisting in implementing programs for delivering agricultural products to regions whose population urgently needs food due to environmental crises.
The LocalAgro platform will help international charity programs lead by a charitable fund and philanthropists to supply food to less developed countries.
Using the LocalAgro platform will help to get the entire supply chain from food producers to those regions under control.
Within the framework of the problems with overproduction and losses of food products due to globalization of the market and pressure from the largest manufacturing companies the LocalAgro platform will help market participants significantly expand and diversify their suppliers and thereby significantly reduce losses caused by the lack of customers and spoilage of food products after their expiry.
The main feature of the platform will be complete transparency and openness of transactions and payments to their participants at all stages as well as the complete absence of intermediaries and the possibility of influence from global corporations on their conditions.
The LocalAgro platform will become a global international community of food producers and consumers where the principles of business relationships, established rules for conducting transactions, and availability of decentralized payments will create a modern mobile business platform is driven by new technology.
A smartphone, tablet, or laptop will turn into a mobile office with a complete toolkit for conducting transactions, finding partners on the local market, in other countries or continents, preparing a contract, providing logistics, insurance, making payments, and controlling deliveries.
The platform will allow you to quickly and accurately make transactions and provide other community members with information about the trustworthiness of participants due to a rating system.
We also expect that domestic cryptographic currency can become a convenient and profitable investment tool due to its potential high investment attractiveness. Constantly growing volumes of the food market and successful experience in the development of the agricultural industry allow us to conclude that it is highly liquid and in demand.
Business scheme in 100 wordsThe buyer and seller, working in the local agricultural market, decide to make a deal. They fill forms in the LocalAgro system. The system creates a smart contract in accordance with the terms of the transaction. The transaction amount, including shipping and insurance, reserved by the system in LAC. The seller sends products by the partner shipment company. The buyer receives products, evaluates the quality and marks the acceptance of goods in the personal account. The smart contract executed and the amount in LAC distributed in accordance with the terms of the transaction to the accounts of seller, shipping and insurance companies.
Team***A platform developed by professionals for professionals.***Our team thoroughly thought out all the business processes in the financing, logistics, storage, insurance, quality control, and quantity of products. Many of these processes will work on blockchain technology for the effectiveness and speed of the advancement of the platform.
Having tested all the similar sites, we concluded that they provide services only of a local nature, hence are not designed for real trading and obtaining results, but are primarily informational.
We offer a comprehensive solution in the field of local food trade and provide necessary services for industryparticipants.
AIRDROPDuring the Airdrop, we plan to allocate part of the coins in the total volume of 3,000,000 LAC for the AIRDROP campaign in order to attract the maximum number of potential investors and partners. The terms of the AIRDROP campaign published on the ICO website.
MissionOur mission is to build direct relationships between agro-producers and consumers, using the latest technology.
The LocalAgro platform based on blockchain technologies designed to transform the oldest businesses into smart and digital business models.
LocalAgro – a smart solution for food markets!
Do you want to be a part of it?
Contacts:
  • Platform Website MVP:https://www.localagro.com
  • ICO Website:https://www.localagro.io
  • Facebook Group:https://www.facebook.com/groups/localagro
  • Twitter Channel: https://twitter.com/localagro
  • Telegram Channel:https://t.me/localagro
  • LinkedIn: https://www.linkedin.com/company/localagro
  • Instagram: https://www.instagram.com/localagro
  • YouTube: https://www.youtube.com/c/LocalAgro
  • Email: ico@localagro.com
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ING economist: The US has most to lose in war of digital currencies

3/5/2020

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The US dollar's position as the unrivalled global currency means it has the most at stake should cen...

Via https://www.finextra.com/newsarticle/35409/ing-economist-the-us-has-most-to-lose-in-war-of-digital-currencies?utm_medium=rssfinextra&utm_source=finextrafeed
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UAE bank NBF opens Indian remittance corridor with RippleNet

3/4/2020

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UAE-based National Bank of Fujairah is to provide customers with real-time cross-border funds transf...

Via https://www.finextra.com/newsarticle/35397/uae-bank-nbf-opens-indian-remittance-corridor-with-ripplenet?utm_medium=rssfinextra&utm_source=finextrafeed
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