Fintech
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Consumer goods giant Reckitt Benckiser has launched a joint venture with start-up hub Founders Factory to invest in up-and-coming entrepreneurs. The FTSE 100 firm said it plans to build 10 new start-ups “from scratch” in the business incubator, as well as bringing in 25 existing businesses to help them grow. Reckitt signs deal with Founders…
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The UK’s data privacy chief has joined the chorus of warnings over Facebook’s proposed digital currency, Libra. Elizabeth Denham, who runs the Information Commissioner’s Office, has signed a statement alongside counterparts in the US, Canada, Australia and the European Union. UK privacy chief joins warning about cryptocurrency. The statement said they have “shared concerns” over…
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Mastercard is to use blockchain technology to track the provenance of limited edition fashion items as part of a showcase of collections from leading women designers and artists. Conducted in collaboration with retailer Fred Segal Sunset and fashion platform Made, the first collection from the partnership features a demonstration of Mastercard’s blockchain-based Provenance solution, which…