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Motive Partners - Sunday Brainfood

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May 5 · Issue #142 · View online
Brainfood
Quotes of the Week
UK Trade Policy Minister George Hollingbery commenting on the announcement of the partnership between Motive Labs and Standard Bank:
“Following the Prime Minister’s trade mission to Africa last summer, it is hugely positive to see new ambitious deals such as that announced today between Motive Partners and Standard Bank. The UK already has substantial trade and investment ties across Africa, with trade between the UK and the continent worth more than £30 billion last year alone, but there is even more potential for other UK businesses to make the most of the rapidly growing opportunities in Africa. Today’s deal will also help strengthen our trading relationship with Africa and will go further to fulfil the Prime Minister’s promise to be the largest G7 investor in Africa by 2022. Congratulations to both Motive Labs and Standard Bank on their new partnership, I look forward to seeing the results of this new innovative international relationship in the future.”

This week, NatWest announced and launched its merchant acquiring service for SMEs – Tyl. Commenting on the launch Alison Rose, CEO of Commercial and Private Banking at NatWest says:
“Developing our own merchant acquiring and payments proposition is an important step forward and reiterates our commitment to harnessing the revolution in new technologies so that our customers can remain focused on growing their businesses.”
Motive Podcasts
Last week, we heard from one of the world’s leading radio personalities, Gareth Cliff, founder and president at CliffCentral.com, to talk about his journey from radio into ‘infotainment’ and how content is defining the media and marketing world as we know it. This week, we hear from co-founders: Peter Lancos and Sonal Rattan, CEO and CTO at eXate Technology, which uses pioneering technology to enable banks to protect and manage your data. Tune in to hear about their journey from the corporate world to starting their own business, why data protection and privacy is so important to us and how creating a diverse team is vital to a company’s success.
FinTech of the Week
Our first ever FinTech of the Week is the recently announced and game-changing FinTech Alliance, the first “democratised” online FinTech platform.

Why FinTech Alliance?

The FinTech Alliance, a government-backed initiative, will be the first community-driven digital platform designed to stimulate growth among UK FinTechs and raise the profile of the sector overseas.

Hailed as the first “democratised” online fintech platform, this aims to help those throughout the UK to connect, sell, recruit, raise capital, access education, and share insights. It will also focus on promoting international opportunities for networking and accessing funding, enabling the nation’s FinTechs to grow globally.

Chancellor Philip Hammond MP announced the platform during UK FinTech Week on Tuesday 30th April.
“So I’m delighted to welcome the launch today of the new FinTech Alliance – bringing together the UK’s fintech network in one easily accessible “digital marketplace”, which will provide access to people, firms and information, including connections to investors, policy and regulatory updates, and the ability to attract and hire candidates.”

Ahead of its scheduled launch in June, the FinTech Alliance is inviting the community (firms and individuals) to sign up to the platform, share their ambitions and help to develop the roadmap.

For more information please go to www.fintech-alliance.com/ or contact info@fintech-alliance.com  
 

Upcoming Industry Events
Financial Services
Motive Labs Forms Strategic Partnership With Standard Bank to Innovate and Invest in New Financial Technology Opportunities
RBS Gets Back Into Payments Ten Years After It Unloaded Worldpay
Mastercard Strengthens Bill Payment Services with Acquisition of Transactis
NatWest’s move to self-disrupt: how digital banks are changing High Street brands
Five Banks Now Let Users Verify Their Identities Using a Blockchain App
Ethical bank Triodos prepares for Brexit
JPMorgan Quorum to be available over Microsoft Azure
FinTech
Chancellor Announces Launch of Fintech Alliance at Innovate Finance
UiPath nabs $568M at a $7B valuation to bring robotic process automation to the front office
Little-Known UK Fintech Startup Checkout.com Is Now Worth $2 Billion
Asto, the bookkeeping app from Santander, adds invoice financing for freelancers and SMEs
Facebook Seeks Reported $1 Billion for FB Coin Amid Talks With MasterCard and Visa
Regulation
New report calls out failing Open Banking API services
UK Government to set up cash strategy group
Dr Liam Fox launches new international programs to boost UK fintech industry
Ian McKenna: How the FCA is saving UK fintech industry from Brexit fallout
Open banking: why the revolution is behind schedule
Key Hires
Sponsored by JBM Consulting
Deutsche Bank's Neil Smith joins Napier as COO and CFO
Ex-Barclays Crypto Expert Joins Fidelity's Digital Assets Team
Jenks appointed chairman of new challenger brand Recognise
Blockchain for precious metals startup Tradewind hires JPMorgan exec as CEO
Ex-Saxo Bank Director Sander Laugs Joins Crypto2Cash
M&A Activity
Funding Transactions
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