The UK’s largest secured peer-to-peer business lender has announced a short-term plan to protect investors and borrowers during the COVID-19 pandemic.

Assetz Capital, which has lent over £1 billion to-date, has put in place a number of measures to help its borrowers navigate this unprecedented economic crash, including the possibility of forbearance. For its 38,000 investors, it has also introduced a nominal ‘loan servicing fee’ to ensure the long-term health of the platform.

Spectra Logic, a leader in data storage and data management solutions, today announced that StorCycle, its new Storage Lifecycle Management software, now supports Linux^® in addition to Windows^® operating systems, providing effortless data management for midsize and large enterprises. Spectra also announced enhancements to its BlackPearl Object Storage platform to provide organisations with greater control and protection as IT professionals face mounting infrastructure challenges and expanding virtual workforces.

Asset managers are rapidly implementing dedicated research management platforms as the push to automate investment team workflows expands across the front-office, according to results from the 2020 Investor Survey: Modernizing Research Management report, published today by 

 Pelican, a leading provider of payments and financial crime compliance solutions for banks and corporates, today announced that it has signed a partnership agreement with Banking Labs in Canada.

Pure Storage (NYSE: PSTG), the IT pioneer that delivers storage-as-a-service, today announced that it has achieved the platinum level in the SAP® PartnerEdge® program and is an SAP global technology partner. Pure Storage’s FlashArray product, certified for SAP HANA®, provides significant value to customers and service providers running mission critical SAP workloads.

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade infrastructure for the global financial services industry, announced the election of two new members to its Board of Directors during the firm’s Annual Shareholders Meeting.

You’d need to be living on a remote island, without electricity or internet to not be aware of what the world is going through right now – a medical crisis that has spread across the world and disrupted supply chains, goods and services production, financial markets and most importantly for millions of people, the ability to go about their daily lives. Last week the Dow Jones and other US-based trading platforms took a massive tumble, and yesterday it was Europe’s turn with the worst drops in history – US markets even temporarily stopped trading as a result.

Wirecard, the global innovation leader for digital financial technology, is launching an initiative to support businesses of all sizes and industries: Together with Futur/io, Wirecard is launching the “Innovation for Now” platform where merchants can find assistance packages from leading companies like SAP and Wirecard. The aim of the initiative is to bundle the offerings of all major tech companies in Germany and make them more easily accessible to merchants affected by COVID-19.

EMVCo is encouraging domestic payment systems (and other similar entities) to use its new EMV® terminal integration testing framework to reduce the time needed to get new and updated acceptance terminals live and operational.