A recent survey by IndiaLends, a digital lending platform, has revealed that the pandemic has severely affected the financial health of salaried and professional individuals with 82% of respondents saying they are struggling to make ends meet.

Financial IT: Could you please tell us about EIS and your background?

With a third of the global population on lockdown and scores of bank branches closed, many are convinced that branch banking is dead, and the future is branchless. Is this really true?

Caixa Geral de Depósitos (CGD), Portugal’s leading bank, and Mibepa, an expanding Portuguese importer of raw materials for the plastics industry, have used Bolero’s trade digitisation platform to accelerate a major shipment of polythene from India.

Bolero’s end-to-end digital presentation enabled the parties to achieve faster completion of the transaction by accelerating document flows despite all difficulties caused by the current coronavirus pandemic, including restrictions on movement of paper trade documents.

A UK Gov & Microsoft backed Agri-tech Centre has developed AI that predicts crops’ shipment window 3x earlier than previously possible. The first proof-of-concept promises to save one leading farming business >£6m p/a, equivalent to 15% increase in gross profit. 

Delayed harvests are an expensive problem for international farming. Overseas crops are grown to a specified shipment window, which provides retailers with a constant supply of fresh produce. If windows are missed, growers are generally responsible for making up the shortfall.  

Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payments, today unveils its SCA accelerator suite to help online businesses remain compliant, innovate and better control their data.

Hoboken, N.J., NICE (NASDAQ: NICE), a leading provider of financial communication compliance solutions, today announced the release of the integration of the NICE Trading Recording System (NTR) and the Microsoft Teams unified communications platform. NICE also announced that it is working with Microsoft to certify NTR under Microsoft’s new Certified for Microsoft Teams certification program for compliance recording solutions.

Today, Mastercard launches Fintech Express in Europe, a programme designed to facilitate emerging fintechs’ launch and expansion. Leveraging the power of partnerships and Mastercard’s expertise, technology, and global network, startups will now be able to focus on innovation that drives the digital economy.

Mastercard Fintech Express helps startups launch rapidly and expand based on their needs:

New data from biometric authentication provider, iProov, reveals that despite 26% of Brits feeling more vulnerable to online hackers due to the threat of COVID-19, many still have concerning habits that compromise the safety of their data and online accounts.