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A Hanover-based  tech startup has come up with a novel working bitcoin point-of-sale (POS) device dubbed PEY. The invention is made out of a 3D-printed casing,and is currently being offered free to local businesses to stimulate adoption of Bitcoin as a means of payment. The PEY team have also devloped a

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Data ScienceMachine LearningNews

Kreditech, the consumer finance technology group, announced yesterday the 100% acquisition of Polish financial tech outfit Kontomierz for a seven digit amount and Kreditech shares. Founded in 2009, Kontomierz has net revenues of €1 million at positive EBIT, and three-digit annual growth. This is especially impressive considering Kontomierz’s staff is only 16-strong;

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Seven financial tech startups for the 2015 FinTech Innovation Lab London have been shortlisted, and the portfolio ranges from ‘web-based programs assessing real-time geopolitical risks,’ to ‘faster data exchange and reconciliation solutions.” The seven entrepreneurial efforts have been selected to participate in this year’s FinTech Innovation Lab London, where it

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Data Science

We got in touch with Jeff Thorness, CEO and Founder of Forte Payments, through the FinDEVr Conference in San Francisco. As Founder of the company he bootstrapped the venture from inception in 1998 to a 115-people operation in 2014. Over time the company has become a leader in omni-channel payments

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The London fintech scene is on the rise. London is not only the financial hub of Europe, it has also taken the place of the global fintech capital. Building on its traditional strength in financial technology services, it is able to draw on the expertise of around 135k employees in

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