Technical and Regulatory Services
We supply technical services and consultancy to other local currencies across the UK, some listed below. This work was originally funded by InnovateUK as part of a Re-Imagining the High Street competition.
We also are in the process of applying to be a Small E-Money Institution (SEMI), this will enable us to offer regulatory cover for other larger currency schemes that require it and do not have a willing and able local Credit Union to fulfill the role.
We supported the launch of this currency scheme down the road in Exeter by conducting training sessions with the group and providing other consultancy services. We are also currently providing a Cyclos instance to help them manage their trader stering exchanges and the paying of business rates. In 2016 we hope to be launching a full electronic currency with them once we have finished our application be a SEMI.
We supply the Cyclos system for this pilot which the members of this scheme use to make payments via Pay By Text and the a mobile app.
As part of the InnovateUK project we rolled out an electronic version for the Totnes Pound with Pay-by-Text functionality. We also supplied their website, directory and CRM systems to help them market and run he scheme effectively.
We've been long time partners with the currency scheme in Brixton, and we developed the Pay By Text system together and continue to work closely with them. Currently they are using a website and CRM system we designed for them.