In its aspiration to provide UK TV production companies improved access to finance and enhance their ability to compete internationally, Barclays has launched a £100m fund. The fund, the first of its kind from a major UK bank, has been established with new, innovative financing products that have been designed to meet the evolving needs of the TV sector.

Allen & Overy is opening Fuse, a new tech innovation space where tech companies, Allen & Overy lawyers, technologists and their clients will collaborate to explore, develop and test legal, regulatory and deal-related solutions.

Stockholm-based FinTech company Betalo has signed an agreement with Nordea. The collaboration means that Nordea’s customers will be offered to use Betalo’s mobile payments services.

Betalo’s mobile app offers the possibility to use a card to send money abroad, transfer to Swedish bank accounts, and make bill payments. The collaboration will have Nordea marketing Betalo’s services to their 1.8 million private customers and Betalo will integrate Nordea cards into their mobile application.

Though it may prompt some UK SMES to start thinking about the implications of Brexit on their business, the triggering of Article 50 this Wednesday should be nothing to fear and if I’m honest, I don’t think it will impact small businesses. 

We can expect the pound to drop slightly following this news announcement as it will remind investors and businesses that Brexit is coming, however this dip should be just that, a temporary lull which will soon bounce back when buyers snap up the currency at a lower price.

Coupa Software, a leading provider of cloud-based spend management solutions, announced today that Pearson, the world’s learning company, has selected Coupa’s Source to Pay (S2P) solution to operationalise contracts, improve user experience and provide greater transparency. 

“We selected Coupa to help us increase effectiveness, enhance compliance and improve efficiency across the organisation,” said Daniel Cameron CPO at Pearson.

Today Z/Yen, a London-based research and consultancy firm, publishes the twenty-first Global Financial Centres Index (GFCI 21) in collaboration with the Chi

January 2018 will see the formal introduction of the European Union’s new (second) Payments Services Directive (PSD2) .

PSD2 recognizes that the world has changed dramatically since the introduction of the original Payments Services Directive (PSD) in 2007, which provided the legal foundation for a Single Euro Payments Area (SEPA). Since the arrival of the PSD, the digitalization of the European economy has continued and new payments services providers – who were outside the scope of the PSD – have emerged.