2021 FDM everywoman in Technology Awards Finalists Announced
- 4 years 5 months ago
- IT Innovations
The finalists for the annual FDM everywoman in Technology Awards have been announced. Now in their 11th year, the awards celebrate the tech industry’s most exceptional talent, from the UK and beyond, creating role models to inspire the next generation of tech stars.
MODIFI Acquires PrimaDollar's SME Export Trade Finance Business
- 4 years 5 months ago
- Trade Finance, M&A Deals
PrimaDollar has made the strategic decision to focus on its category-leading supply chain trade finance platform. This is an enterprise, SaaS, technology solution that enables large and mid-sized importers to take control over how their international suppliers are funded and paid. With the increasing success of this platform and focus on larger clients, PrimaDollar's board has determined that its existing export customers, who are typically SMEs...
Lloyds Bank Strengthens Fintech Partnerships
- 4 years 5 months ago
- FinTech StartUps
British Lloyds bank has reported a cumulative technology spend of £4 billion over the past three years, with £2.8 billion of that budget allocated towards a three-year transformation plan set out in February 2018. The pandemic regime has increased demand towards online services, the Lloyds's digitally-active customer base has increased to 17.4 million customers. The number of the mobile app uses has by nearly two million in 2020 to 12.5 million...
Substantive Research Expands Into US and Strengthens UK Sales Team in Response to Customer Demand
- 4 years 5 months ago
- People Moves
Substantive Research, the research discovery and research spend analytics provider for the buy-side, has today announced the strategic hire of Michael Malpiede as Senior Sales Associate Americas, to lead Substantive ’s US expansion, in response to increasing demand for its product and services. Jointly they will be responsible for expanding the US and European customer base and delivering on Substantive Research’s growth ambition to make their...
British Business Bank Support Schemes Delivers Almost £73Bn of Loans to 1.6m Smaller Businesses
- 4 years 5 months ago
- Banking
Today the government published new statistics that show businesses across the UK have to date benefitted from 1,593,620 government-guaranteed loans worth £72.9bn to support their cashflow during the crisis through schemes delivered by the British Business Bank.
Commercial Card Spending Will See Strong Recovery Post-COVID-19
- 4 years 5 months ago
- Covid-19, Payments
Despite being hit hard by travel restrictions in 2020, the long-term future for the commercial card sector is bright, with spending forecast to hit new highs by 2022 More than half of commercial card expenditure is on charge cards European commercial card spending rose by 11% in 2019 to €366 billion and accounted for 8% of the total value of card payments according to RBR’s 19-country Commercial Cards in Europe 2021 study.
Subscription “Terminator” Lands €4 Million Series A Investment from ex-Mastercard President
- 4 years 5 months ago
- Fundraising News, Payments
What if there was a button to unsubscribe from all your paid subscriptions at once? There is, and a former Mastercard president just invested €4 million in it, as the global Corona pandemic has fueled an explosive “subscription surge.”
SteelEye Named Best Trade Reconstruction Solution
- 4 years 5 months ago
- Compliance
SteelEye, the compliance technology and data analytics firm, has been recognised as providing the best trade reconstruction solution at the European TradingTech Insight Awards 2021. SteelEye won the award due to its ground-breaking Auto-Trade Reconstruction technology. Launched in August 2020, the service uses Artificial Intelligence and Machine Learning to reduce the time it takes financial firms to reconstruct a trade from days to seconds.
Level Secures Landmark ESG Deal With Triple Point
- 4 years 5 months ago
- Investment
Level Financial Technology has secured a revolving credit facility from Triple Point to provide early wage access in a first-of-its-kind ESG deal. The interest rate Level pays will reduce by up to a third if users also access budgeting tools available through the app to make positive changes to their personal finances.
Nearly Half of Businesses Need More Assurance on Data Security to Adopt Open Banking
- 4 years 5 months ago
- Open Banking, Security, Data
42% of financial services businesses want better support and guidance on data security in relation to open banking, according to the latest research by open banking provider YTS. The survey of financial professionals including banks, lenders and retailers, revealed businesses want better education and training, alongside increased guidance, to help reduce fears around the security risks of open banking adoption. Respondents also stated that they...
Road to XRP Ledger 1.7: Improving Efficiency and Security
- 4 years 5 months ago
- Security
Today, version 1.7.0 of the reference implementation of the software behind the XRP Ledger (XRPL) was released with key contributions from RippleX aimed at improving the Ledger’s decentralization, security and efficiency. Release Highlights: Improvements for Validators, Server Operators
BSO Wins Best High Performing Network Services at TradingTech Insight Europe Awards
- 4 years 5 months ago
- Infrastructure
BSO, the pioneering infrastructure and connectivity provider, has won Best High Performing Network Services at the TradingTech Insight Europe Awards 2021.
Support for Small UK Construction Firms with Automation and Compliance as Sage Introduces New Apps
- 4 years 5 months ago
- Cloud
Sage, the market leader in cloud business management solutions, has today announced the availability of several new apps which integrate with Sage Business Cloud Accounting. These are designed to help small construction and trades businesses streamline business processes and navigate new domestic VAT reverse charge legislation that specifically impacts the construction industry.
KURVE and PayPoint Offer App-Based PAYG Metering for Heat Network Adopters
- 4 years 5 months ago
- RegTech, Payments
KURVE, the UK’s first web-based smart metering solution for heat networks, has joined forces with digital payment expert, PayPoint, to offer customers the facility to top-up pay-as-you-go (PAYG) energy accounts quickly and easily via the customer’s preferred payment method.
Revolut and GBG Expand Partnership to Tackle Fraud from COVID-19
- 4 years 5 months ago
- Fraud Detection, Security
Financial super app, Revolut, has announced it is building on its previous partnership with identity data intelligence experts, GBG, as the category leaders work together to tackle the rise of online fraud and promote the safe adoption of digital services through customer onboarding solutions, including Know Your Customer (KYC) and Anti Money Laundering (AML).
