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British Business Bank announces new lenders under the Bounce Back Loan Scheme for Smaller Businesses

Today the British Business Bank has announced that it has approved two new lenders for accreditation under the Bounce Bank Loan Scheme. The scheme is intended to target small and micro businesses in all sectors[1], with loans from £2k up to 25% of the business’ turnover with a maximum loan of £50k.

Wednesday, May 13, 2020 - 10:57
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Financial IT
Tinkoff reports 1Q '20 results, announces 2nd 2020 interim dividend

TCS Group Holding PLC (LI: TCS, MOEX: TCSG) (“Tinkoff”, “We”, the "Group", the “Company”), Russia's leading provider of online financial and lifestyle services via its Tinkoff ecosystem, today announces its interim condensed consolidated IFRS results for the three months ended 31 March 2020.

Oliver Hughes, CEO of Tinkoff Group, commented:

Wednesday, May 13, 2020 - 10:56
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Financial IT
Bitfinex Launches Institutional Grade Custody Solution in Collaboration with Koine

Bitfinex, a state-of-the-art digital asset exchange, and Koine, a London-based digital asset custody provider, have launched an institutionally oriented post-trade service, enabling investors to mitigate counterparty risk and the use of private keys in the clearing and settlement of cryptocurrencies. 

Wednesday, May 13, 2020 - 10:50
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Financial IT
Colt delivers best-in-market latencies on critical European PrizmNet routes and next-generation Arista 7130 ultra-low-latency switches

Colt Technology Services, a leading provider of agile, high-bandwidth connectivity solutions, today announced further latency reductions on critical PrizmNet routes in Europe, ensuring best-in-market low and ultra-low latencies for the Capital Markets.

Wednesday, May 13, 2020 - 10:40
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Financial IT
Signicat to provide digital access to nPA

Signicat, the Trusted Digital Identity™ company, now offers identity verification and authentication services with integrated support for the new German digital identity card, Neue Personalausweis (nPA). Signicat is the first international business to be certified as an Identification Service Provider, and second only to Germany’s Bundesdruckerei, the manufacturer of banknotes, passports, and identity cards.

Wednesday, May 13, 2020 - 09:55
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Financial IT
Capital Platform Launch new and improved Investment Platform for High Net Worth & Sophisticated Investors

In the current climate with many working from home, Investors across the UK and Globally have their own investment needs. These needs are best met by products and services geared with them in mind. Capital Platform is quickly endeavoring to fill this role by working to connect investment products and services with private investors, funds houses, advisors and intermediaries. Strict due diligence is at the top of the list before approving any investment. So far over 15,000 members have signed up on the platform, gaining valuable access to the products and tax services being presented.

Wednesday, May 13, 2020 - 08:51
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Financial IT
Niche Global Selects Volante Technologies’ SEPA Instant Payments as a Service in the Cloud

Volante Technologies, a global provider of payments and financial messaging solutions to accelerate digital transformation, today announced that Niche Global, a rising fintech player, has selected Volante’s cloud-based 

Wednesday, May 13, 2020 - 08:47
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Financial IT
Featurespace raises £30 million to drive growth

Featurespace, the leading provider of Adaptive Behavioral Analytics software for Enterprise Financial Crime prevention, has raised £30 million ($37.4 million) from a funding round led by Merian Chrysalis Investment Company Limited.

The round also included further funding from a number of existing investors. 

The funding will be used to support Featurespace’s continued growth.

Wednesday, May 13, 2020 - 08:42
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Financial IT
Ethoca is the global network of banks and merchants driving a simple, trusted consumer payment experience through collaboration

Financial IT's interview with Keith Briscoe, Chief Marketing & Product Officer at Ethoca.

Financial IT: Keith, could you please tell us more about Ethoca and your background?

Wednesday, May 13, 2020 - 07:54
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Financial IT
R3 and Kaleido partner to accelerate cross-industry digitization initiatives

At the State of Enterprise Adoption session at this year’s Consensus: Distributed conference, R3 Co-Founder Todd McDonald and Kaleido Founder Steve Cerveny announced the companies formally partner to offer R3’s Corda Enterprise software on Kaleido’s digital platform. 

Wednesday, May 13, 2020 - 05:19
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Financial IT

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