Millennials and Gen Z have been widely covered over the last few years as the beneficiaries of the incoming ‘wealth transfer’ from baby boomers, framed as setting young people up as a fresh set of keen investors looking to maximise their wealth. More digitally savvy than any previous generation, much discussion has revolved around how to appeal to them by digitising the front office, providing clever and personalised data insights and interactive platforms such as robo-advisers.

The British Business Bank announces today that, through the Recovery Loan Scheme, accredited lenders have offered over £4.5bn to smaller UK businesses as they steer a path towards a sustainable recovery.

Of the £4.51bn of total funding offered through 20,643 facilities, £3.83bn has been drawn down through 18,338 facilities.

Global analytics software provider FICO announced today a partnership agreement with Israel’s Open-Finance.ai, a risk, finance and compliance software enabler of open banking and finance services and consulting firm headquartered in Tel Aviv. Through this agreement, Open-Finance.ai will integrate the FICO® Blaze Advisor® decision rules management system into its open banking platform.

MariaDB® Corporation today announced the appointment of Christine Napoli as chief financial officer, and Christine Russell as a new board member.

EquiLend, the global financial technology, data and analytics company for the securities finance industry, today announced that its Swaptimization platform will be going live this autumn for financial institutions in the European Union. 

BNP Paribas Securities Services has selected two major fintechs – Fireblocks and METACO - to develop its digital asset custody offering and help clients issue, transfer and safe keep regulated digital assets efficiently and securely.

Google Wallet, the app that will replace Google Pay in many countries (more on that in a moment), has started to show up on people’s phones. According to Google spokesperson Chaiti Sen, the company has “started rolling out the Wallet to Android users in 39 countries,” and it’ll be available “to all users over the next few days.”

Phos, the fintech behind the leading software-only Point of Sale system (

New research by Databarracks has shown that 38% of organisations reported cyber attacks and internal breaches as a cause of data loss in 2022.

The findings come from the annual Data Health Check, a survey of 400 IT decision-makers. This year’s survey focused on themes of Ransomware, Cyber, Backup, Disaster Recovery and Business Continuity.

Digital brokerage, GCEX (GCEX Group) announces 24/7 FX trading for institutional and professional clients. This mirrors its digital assets offering, which provides 24/7 crypto trading.