Mastercard to Test Facial Recognition Security App

Multinational financial services company Mastercard have announced that this autumn they will test a new smartphone app that uses facial recognition software to help customers verify online purchases. The app asks customers to hold up their phone as if taking a selfie, align their face within a circle on the screen and blink once to […]

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One-Hour Delivery Service ‘Prime Now’ Launched by Amazon in London

Always keen to cement their reputation for being at the vanguard of technology and innovation, Amazon have this week launched their ‘Prime Now’ service which offers one-hour delivery for Prime members in parts of Central London. To take advantage of the speedy delivery, customers must be Amazon Prime members, place an order totalling at least […]

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Inflation Rate Turns Negative for the First Time Since 1960

Figures released this week have revealed that the main measure of UK inflation, known as the Consumer Price Index (CPI), turned negative in April for the first time since the measure has been in existence. The CPI reached a figure of – 0.1%, which represents the first time that a negative figure has been recorded […]

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Why Sainsbury’s Losses aren’t Necessarily a Harbinger of Doom

This week supermarket giants Sainsbury’s announced their first full-year loss for ten years in figures referring to the year up to 14th March 2015. It is believed that the company’s results in the 12 months in question were hit by a number of one-off costs, including a drastic reduction of the property values of a […]

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