Author: CXM Editorial
Banking Startup Tide Raises $14 Million to ‘Give Small Businesses Back Their Time’
Banking startup Tide raised $14 million in one of the largest Series A funding rounds closed by a fintech company this year. Tide, a digital-only banking app aimed at small businesses, has also partnered with online lender iwoca, in a move to...
Londoners in Zone 1 Will Soon Be Able to Order Birthday Cake On-demand
London-based startup, CakeDrop, has launched a new service this week that has corralled some of the capital’s best independent bakeries to provide on-demand birthday cake deliveries to Zone 1 workplaces. The service allows London’s office workers to bulk buy and schedule...
Barclays Picks Dublin for Its European Hub
Barclays has picked Dublin to become its post-Brexit European hub as banks step up plans to protect their access to the EU once the UK leaves. The bank has agreed to the terms to rent bigger premises in the Irish capital as...
Facebook Drone That Could Bring Global Internet Access Completes Test Flight
Mark Zuckerberg’s long-term plan for the Aquila drone is to have it and others provide internet access to 4bn people around the world who are in the dark A solar-powered drone backed by Facebook that could one day provide worldwide internet...
UK Digital Infrastructure Boosted by Launch of New £400m Government Fund
The government has today launched a new, £400m Digital Infrastructure Investment Fund (DIIF), designed to combat slow download times and troublesome connectivity across the country. Ministers are seeking to revolutionise Britain’s digital infrastructure, making internet access more reliable for homes and...
European Commission Antitrust Watchdog Margrethe Vestager Encourages Firms to Sue Google for Anti-competitive Practices
Brussels’ crackdown on Google is set to intensify after the EU’s top watchdog urged companies to sue the US tech giant in light of its mega-fine for anti-competitive practices. Margrethe Vestager, the EU’s competition chief, also said the decision to fine Google €2.4bn (£2.1bn)...
Station F, the World’s Largest Startup Campus Opens in Paris
WIRED interviews Roxanne Varza, director of new campus Station F The world’s biggest startup campus is opening today in Paris’s 13th arrondissement. Based on a former railway depot known as la Halle Freyssinet, the 34,000m2 space will accommodate more than 1,000 startups...
At Least 12 Banks Are Moving Some Operations from London to Dublin After Brexit
LONDON — The exodus has begun. Irish authorities have clinched deals with more than a dozen London-based banks to move part of their operations to Dublin in preparation for Brexit, according to a Guardian report. Kieran Donoghue, the head of international financial services...
Natwest Has Partnered With a London AI to Trial Conservation Analytics
UK bank Natwest has partnered with London-based AI startup Recordsure to trial a new AI-powered compliance tool that can understand the human conversation and use contextual cues to monitor and classify sections of conversation. The bank is exploring the so-called ‘RegTech’...
Google Unveils Advr, An Experimental Area 120 Project for Advertising in VR
Google today is more formally taking the wraps off its internal incubator, Area 120, with the launch of a dedicated website, alongside the launch of one of the program’s more interesting projects to date: a way to advertise within VR. The...