Revolut’s Metal card offers customers cryptocurrency cashback August 22, 2018 Fintech darling Revolut today offered customers cashback in the form of cryptocurrency if they sign up to its new Metal account tier, as it aims to generate more revenue from its 2.5m customers. Those who adopt the steel card can get up to one per cent cashback in either fiat or digital currency on transactions made [...]
60 per cent of asset management firms ‘preparing for hard Brexit’ August 21, 2018 Almost 60 per cent of investment management firms are preparing for a hard Brexit "rather than wait for potential political solutions," new figures reveal. A total of 83 per cent of firms have a theoretical plan to respond to the UK exiting the European Union but only 43 per cent have put plans in action [...]
Halal digital investment platform gets FCO approval August 21, 2018 The UK's first digital Halal investment platform has been approved by the Financial Conduct Authority. New York-based Wahed will invest in a global portfolio of ethically responsible stocks, Islamic bonds and gold, which will be assessed by a full time ethical review board. The board will screen against funds related to excess debt, tobacco, alcohol, firearms, gambling, adult [...]
Alexa can now let you automatically check the balance of your pension August 21, 2018 Amazon’s Echo Dot gadget can be used for a number of different functions – but now it can even automatically check on the balance of your pension. The smart speaker, which is activated by saying “Alexa” can already switch the lights in your home on and off, read the news and play your music using [...]
ICOs and strategic partnerships August 21, 2018 Last week we looked at being a true community member. This week I want to talk about Partnerships. Let’s look at partnerships in ICO projects. They can be incredibly powerful for an ICO, because both their perceived and strategic value are great indicators of success for the campaign and future of the company. Strategic partnerships [...]
City PM’s Crypto Insider meets Mirox Crypto’s Benjamin Beal August 21, 2018 While some investors scramble for the latest crypto opportunity, other more traditional types are on the fence, unconvinced of the risks and uncomfortable with losing their hard-earned capital in a young volatile and unregulated market. With this in mind, Mirox Crypto Ltd feels it has a created a unique concept, which provides a more managed [...]
Does London need some Dutch courage when it comes to Tokenization? August 21, 2018 Crypto founders are going out of their way when it comes to ensuring that their token classifies as a utility token. The fear of being regulated and having the government peek into their beloved project makes them shiver. In their opinion being regulated equals mountains of work to be done and keeping up with ever-stricter [...]
Sage shares plummet after Deutsche Bank’s investor warning August 20, 2018 Sage shares tumbled by as much as seven per cent on Monday following Deutsche Bank’s recommendation that investors sell the stock, saying the accounting software firm faced intense competition in its mid-market. The back office IT services business, which also offers enterprise resource planning and HR software, saw shares slip to £6.19 after the bank’s advisory [...]
An innovation culture is about far more than shiny new tech August 20, 2018 This summer, Airbus became the poster company for business anxiety in Britain. In June, the aerospace giant warned that it might have to consider its future in the UK if we were to crash out of the EU in March 2019 without a deal on trading, saying that the potential outcome would be “catastrophic”, throwing [...]
The Urbanologie app shows you how to live the high life like a globe-trotter August 17, 2018 Picture this. You’re on holiday in an exotic locale, travel guide in hand – probably one produced by a big brand like Lonely Planet or some other pocket guide. The pages are dog-eared from where you’ve bookmarked all of the things you want to see and do. But half the time, the recommendations made by [...]