The Financial Services Regulatory Initiatives Forum has brought forward the launch of its Regulatory Initiatives Grid to today. The grid provides a roadmap of future regulatory reviews and changes to allow firms to plan better. The Grid was announced by Chancellor Rishi Sunak in March’s Budget. It was planned to be launched later in the […]
Archives for 2020
Connected devices have a key role to play in an era of pandemics
Technology has a history of helping to track and treat viruses. And, with the World Health Organisation (WHO) declaring COVID-19 a global pandemic, people are rightly asking themselves how new technologies such as the Internet of Things (IoT), artificial intelligence (AI), and Big Data can be employed to slow down the proliferation of pandemics and […]
Out of constraints comes creativity, out of chaos comes growth: Ashton McGill share their silver linings during Covid-19
In the face of crisis, we all have to find ways to adapt and come out the other side stronger. “The main thing we’ve had to pivot is how we maintain our culture remotely and keep providing the same level of service to our clients,” says Andy McGill co-founder of Xero award-winning practice, Ashton McGill. […]
Countingup scores £4M bridge round for its small business banking and accounting app – TechCrunch
Countingup, the business current account that “automates” your accounting, has raised £4 million in self-described bridge funding. Leading the round is ING Ventures, with co-investment from Triple Point, CVentures, and BiG Start Ventures. Founded by Tim Fouracre, who previously founded cloud accounting software Clear Books, and now boasting 20,000 business customers, Countingup’s long term vision […]
Unacademy database of 22 million users hacked, up for sale
A database of around 22 million users of Unacademy with contacts of employes from companies like Wipro, Infosys, Cognizant, Google, and its investor Facebook is up for sale on the darkweb, according to US-based security firm Cyble. The company had suffered a breach in January following which contacts were put up for sale as recently […]
Key EOFY dates for Australians to watch in the wake of COVID-19 and bushfires
As we enter the end of the financial year in Australia, it’s worth noting changes that the coronavirus and the summer bushfires have had on key deadlines for EOFY. The ATO has extended some lodgement and payment dates. Here are some notable deadlines for the 2019-20 tax year: Key dates to watch 15 May – […]
PayPal sees strong Q2 as online spending surge
PayPal said it expects a strong recovery in payments volumes in the second quarter as social distancing drives more people to shop online, even as lockdowns start to ease, sending its shares up 8% in extended trading. Online retailers are seeing demand rise, boosting digital payments. PayPal said on Wednesday it added a record 7.4 […]
KN Govindacharya sends legal notice flagging Aarogya Setu’s privacy concerns
Former RSS ideologue KN Govindacharya has sent a legal notice to the government alleging several privacy and legal concerns with respect to the Aarogya Setu contact tracing app. The Aarogya Setu app, which has been downloaded by around 90 million people, has been made mandatory for government as well as private sector employees and for […]
Non-essential e-commerce in the red even in Green & Orange zones
Illustration: Rahul Awasthi E-commerce leaders including Amazon and Flipkart have been able to recover only one-fifth of their pre-Covid-19 demand even after they opened up sales of non-essentials across smaller towns and cities which fall under the Green and Orange zones, as per analysts and industry insiders. These companies said initial orders have come in […]
Merry JobKeeper!
Some of you may have noticed that Santa has been – in the form of the ATO and JobKeeper reimbursements landing in your account! This is great news and a very welcome bit of cash flow relief for the many businesses who have been funding their employee’s pays for the past 6 weeks, and those […]