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Convertibility will be the most important factor in influencing demand for a retail central bank digital currency, according to a new poll conducted by the Bank of England.
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Link to the April 7 Bank of England Central Bank Digital Currency webinar.
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UK payment specialist allpay launched a prepaid card program to help disburse emergency funds to those affected by COVID-19. allpay currently works with around 50 councils across Britain enabling them to distribute the benefits of the prepaid cards for a variety of projects and the team is experienced in deploying such projects on both a small and large scale quickly.
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Online lenders are showing the first signs of stress as the coronavirus outbreak starts to hit both their borrowers and the investors that ultimately back the loans. Kabbage, a US based small business lender backed by SoftBank’s $100bn Vision Fund,stopped extending loans to small businesses last week, following a rise in delinquencies.
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TrueAccord, a fintech that has developed software allowing banks to negotiate debt payments with distressed borrowers, launched a direct-to-consumer portal called Engage.
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IBM and Hyperledger executives talk about blockchain’s potential to create a better supply system.tags: Fintech Blockchain
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Spreads across digital asset exchanges soared during March as anxiety gripped global markets, according to data compiled by cryptocurrency over-the-counter trading firm B2C2.
Kiffmeister’s Fintech Daily Digest 04/08/2020
