Starling, the digital bank, has been accredited by the British Business Bank as a lender under the government-backed Coronavirus Business Interruption Loan Scheme (CBILS). This will enable it to provide term loans between £5k and £250k to small and medium-sized enterprises (SMEs) that are struggling financially as a result of the coronavirus emergency. Starling will shortly confirm the date from which it will be ready to start receiving CBILS applications.
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Privitar, the leading data privacy platform provider, today announced that it has completed an $80 million Series C funding round led by Warburg Pincus, a global private equity firm focused on growt
Modern cybersecurity professionals have succumbed to an arms race with criminals as corporate defence spends balloon, attempting to keep pace with ever-evolving infiltration and extraction techniques. As expenses grow, dangers continue to mount. In a recent Treasury Fraud and Controls Survey, 76% of respondents said they raised their company threat level because fraud attempts have increased 50% over the last three years. Additionally, nearly 60% of polled companies have been knowing targets.
Tide, the UK’s leading business banking platform[1], has today announced the launch of its Coronavirus Government Support Eligibility Checker to help SMEs get access to the financial aid they need during this time of crisis.
ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic paym
Regulations and ongoing rollouts of contactless terminals at the point of sale are boosting card acceptance networks, with cardholders throughoutEurope increasingly using their cards for low-value payments
Payment cards now accepted at 13 million outlets in Europe
Appian (NASDAQ: APPN) today announced an application that enables banks to accept and manage PPP loan applications from small businesses, support their unique servicing requirements, and ensure compliance for Payment Protection Program loans under the new CARES Act. The new application can be live in just days, and can be quickly extended with advanced automation features including RPA and AI-powered intelligent document processing. Appian will host two webinars on these topics.
The future belongs to those who plan for it, and when it comes to wealth management, succession planning or safeguarding your assets against unforeseen circumstances, it’s never too early to start planning.
iManage, the company dedicated to transforming how professionals work, today announced that it has rolled out a virtual Artificial Intelligence University (AIU), as an adjunct to its customer on-site model.
Temenos (SIX: TEMN), the banking software company, announced the availability of its updated banking software products to ease banks’ transition from the London Interbank Offered Rate (LIBOR) to alternative Risk-Free Rates (RFRs), which is mandated by year-end 2021. Temenos software covers the full range of banking products that can be linked to the global benchmark including corporate loans, floating-rate notes, and interest-rate swaps.