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Starling Bank supporting small businesses through the Coronavirus Business Interruption Loan Scheme

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.

Friday, April 10, 2020 - 00:00
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Financial IT
Privitar Closes $80 Million Series C Funding Round Led by Warburg Pincus

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

Thursday, April 9, 2020 - 18:17
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Financial IT
Payment Protection for the Modern Age

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.

Thursday, April 9, 2020 - 17:18
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Financial IT
Tide adds clarity to government cash for businesses with Eligibility Tracker

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.

Thursday, April 9, 2020 - 16:54
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/news/banking/tide-adds-clarity-government-cash-businesses-eligibility-tracker
Financial IT
ACI Worldwide Introduces New “Delay My Payment” Capability to Help Address Bill Payment Challenges for Billers and Consumers Throughout Crisis

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic paym

Thursday, April 9, 2020 - 14:13
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/news/payments/aci-worldwide-introduces-new-delay-my-payment-capability-help-address-bill-payment
Financial IT
Regulation gives boost to card acceptance in Europe

Regulations and ongoing rollouts of contactless terminals at the point of sale are boosting card acceptance networkswith cardholders throughoutEurope increasingly using their cards for low-value payments

Payment cards now accepted at 13 million outlets in Europe

Thursday, April 9, 2020 - 14:02
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/news/payments/regulation-gives-boost-card-acceptance-europe
Financial IT
Appian Helps Banks Automate Lending under the CARES Act Payment Protection Program (PPP)

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.

Thursday, April 9, 2020 - 13:52
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/news/lending/appian-helps-banks-automate-lending-under-cares-act-payment-protection-program-ppp
Financial IT
How Trusts Can Protect Your Wealth In Tough Times

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. 

Thursday, April 9, 2020 - 13:40
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Financial IT
Surge in Remote Working Leads iManage to Launch Virtual AI University for Companies that Want to Harness the Power of the RAVN AI Engine

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.

Thursday, April 9, 2020 - 13:39
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/news/artificial-intelligence/surge-remote-working-leads-imanage-launch-virtual-ai-university
Financial IT
­­­Temenos smooths banks transition from London Interbank Offer Rate (LIBOR) to Risk-Free Rates (RFRs)

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.

Thursday, April 9, 2020 - 13:01
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Financial IT

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