The British Business Bank, the UK’s economic development bank, today announces further details of Pay As You Grow, which helps UK smaller businesses that have taken out a Covid-19 emergency Bounce Back Loan to manage their cashflow and have a better chance of getting back to growth.

Originally announced by the Chancellor of the Exchequer in September 2020, Pay As You Grow (PAYG) will enable businesses who have started repaying their Bounce Back Loans to:

Leading mortgage technology provider, Twenty7Tec, today announces that Reliance Bank has been added to its APPLY module, enabling mortgage intermediaries to submit applications to Reliance from the CloudTwenty7 platform.

Eighty-five percent of merchants that have adopted a multi-acquiring strategy have seen an improvement in conversion rates, according to a new study by ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions and Edgar, Dunn & Company, an independent payments consulting firm.

UK based fintech and issuer payment processor Paymentology, achieves Visa Ready status.

Auriga, a global provider of technology solutions for the omnichannel banking and payments industries, today announced a new strategic partnership with Dilaco, IT specialist Consulting and Outsourcing provider in Belgium.

Through this partnership, Dilaco will enlarge its consulting and service offerings with Auriga’s cutting edge cybersecurity solution Lookwise Device Manager (LDM) for securing all digital self-service banking assets, web channels and remote workstations that are used by bank employees.

Forward Advances, a UK revenue-based financing solution for e-commerce and SaaS businesses, has partnered with Salt Edge, a leader in offering open banking solutions, to get instant access to aggregated bank data that allows them to make better lending decisions.

As part of its continuing strategy to serve client needs across the entire investment lifecycle, Northern Trust has entered into an alliance with IHS Markit, provider of the thinkFolio multi-asset class investment management platform, achieving a further significant milestone in its drive to streamline investment operations for asset managers and asset owners. 

Signicat, the trusted digital identity company and Mambu, the market-leading SaaS banking platform, announced today a partnership to help banks, fintechs and emerging financial service providers increase customer acquisition, improve customer experience and reduce time to market.

NYMBUS®, a leading provider of banking technology solutions, today announced a significant expansion of its leadership team with the appointment of two digital banking innovators.

Sovryn, the Bitcoin-based decentralized finance (DeFi) protocol, announces the success of its Genesis community-only reserve sale which allowed participants to reserve their right to purchase SOV token, which will go on sale in early February 2021. The event generated the equivalent of $2.5 million in only 18 minutes.