GDP rising 2.1% in March, the fastest monthly growth since August 2020, Douglas Grant, Director of Conister, part of AIM listed Manx Financial Group, said: “The estimated rise in UK GDP for March is positive, falling in line with what we’d expect as restrictions are lifted and the economy reopens. However, we must remember that the UK’s SME debt burden is ballooning, and we are in serious danger of seeing a relentless flow of weak zombie-like companies falling off a loan default cliff.

Williams Racing is pleased to welcome Vuzion, a UK-based cloud distributor, as the Acronis #CyberFit Delivery Partner, in line with the Cyber Protection Partnership between Williams and Acronis that was renewed earlier this year.

HPD Lendscape, a leading international secured-lending platform vendor, today announces that it has become an official member of Assifact, the Italian Factoring Association. The announcement comes at a time when HPD Lendscape is particularly focused on serving the Southern European market, having recently also become an official member of The Spanish Association of Factoring.

Airwallex, a leading global payments platform, is pleased to announce it has secured its Electronic Money Institution (EMI) licence from the Dutch Central Bank (De Nederlandsche Bank, DNB). The licence was granted on 30 April 2021, and gives Airwallex access to the European single market.

SmartStream Technologies, the financial Transaction Lifecycle Management (TLM^®) solutions provider today announces the appointment of Peter Dehaan, as New Business Director for Cash & Liquidity Management – supporting Financial Institutions, their treasuries and key stakeholders with the delivery of real-time cash and liquidity management solutions. This will enable clients to better manage the evolving regulatory requirements and stress testing obligations.

Zumo, the Edinburgh-based crypto wallet, has today announced the launch of its Zumo Virtual Card. This new product allows users in the UK to make purchases at any online retailer which accepts Visa. 

Zumo is the first non-custodial crypto wallet to offer users the ability to hold GBP in their wallet to then spend with a Visa card.

Commerzbank made a very good start into the current year and generated a positive net result in the first quarter despite the ongoing pandemic and restructuring charges. Net commission income increased strongly thanks to a flourishing securities business. This enabled the Bank to largely compensate the impact from the negative interest-rate environment and the ongoing lower consumption resulting from coronavirus restrictions. In conjunction with stable expenses and a lower risk result, this led to an operating profit of €538 million.

OneStream Software, a leader in corporate performance management (CPM) solutions for the world’s leading enterprises, has announced the results of its “Enterprise Financial Decision-Making 2021 - North America” survey.

Vericast, a leading marketing solutions company, together with its 

OneSpan™, the global leader in securing remote banking transactions, today announced that Generali Hellas has implemented OneSpan Sign electronic signatures to meet regulatory compliance requirements and help speed up its end-to-end signing process for life insurance policies.