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Financial Systems Case Study : The Tile House

Creative CFP

Gaining operational independence and control through two leading cloud-based systems: Dear Inventory and Xero Accounting Business Type: Manufacturing Industry: Building Materials Size: 40+ employees, 2 locations Region: South Africa Integrations: Dear, Xero Customers Since: June 2018 Website: www.thetilehouse.co.za

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How Mexico’s Central Bank Plans To Move Payments To Digital

PYMNTS

As he told Webster, in previous iterations, the RTP system SPEI operated only during certain hours of the day, but now is 24/7, and the focus has, in the past few years, been on payments that are smaller than 8,000 pesos — which puts the bank’s emphasis squarely on small value, high volume retail transactions.

Banking 145
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Mersch: ECB Will Focus On ‘Game Changer’ Retail CBDC

PYMNTS

Speaking at a virtual conference about the future of money, European Central Bank (ECB) executive board member Yves Mersch said a retail central bank digital currency (CBDC) is a game-changer. “A However, a retail CBDC, accessible to all, would be a game-changer, so a retail CBDC is now our main focus.”.

Retail 52
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Fed Plans To Take A Close Look At Facebook’s Crypto

PYMNTS

Federal Reserve plans to hold Facebook ’s cryptocurrency, Libra , to high standards when it comes to consumer protection and regulation. Facebook revealed last week that it plans to launch its own digital currency next year. financial system. The company teamed up with Uber , Mastercard , Visa and others on the project.

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Singapore Becomes Hub For Tech Giant Rivalries As Amazon Expands

PYMNTS

The online retail giant is scooping up 90,000 additional square feet of office space in the middle of Singapore’s financial district at the Asia Square Tower 1, Bloomberg reports , citing people familiar with Amazon’s real estate plans. The world’s largest retailer is also on a hiring binge in Singapore.

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Affirm Challenges Retailers, FI’s To Practice ’Honest Finance‘

PYMNTS

So started Affirm’s Co-Founder and CEO Max Levchin ’s remarks at his firm’s first-ever AFFIRMation conference for its retail partners in San Francisco yesterday. Levchin, by his own description, has spent his career in financial services and founding companies — “some of which succeeded, some didn’t.” “Finance is pretty broken.”.

Finance 44
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Nigeria Turns To FinTechs To Boost Financial Inclusion

PYMNTS

In an effort to expand access to financial institutions (FIs), the Central Bank of Nigeria is planning to license more payment providers, Bloomberg reported on Saturday (Nov. The goal is to improve Nigeria’s financial inclusion rate by 20 percent, bringing it to 80 percent by the end of 2020.