The Global Supply Chain Finance Forum (GSCFF) – comprising BAFT (Bankers Association for Finance and Trade), FCI (previously known as Factors Chain International), the International Chamber of Commerce (ICC), the International Trade & Forfaiting Association (ITFA) and the Euro Banking Association (EBA) – announced plans to update its Standard Definitions for Techniques of Supply Chain Finance (Standard Definitions) to provide further clarity on the distinctions between the individual techniques.

Today, at its bi-annual Grande Finale Day, the Global Startup Awards announced Pleo as Startup of the Year 2020. 

As the largest independent awards for the startup ecosystem, the decision was made after the winners of the regional startup awards were placed against each other to determine who, out of the thousands of nominations and tens of thousands of votes, was to be recognised as global Startup of the Year.

ClearBank, the cloud-based clearing bank, today announced it will be helping 

Leading enterprise connectivity platform Yapily has today announced that Iain McDougall has joined the executive team as Chief Commercial Officer (CCO). 

Iain brings over two decades of experience in leading the global expansion of high-growth technology companies, most recently at Stripe and Google, and will help drive Yapily’s mission to become the leading infrastructure platform for Open Banking across Europe and beyond. 

NatWest has today announced an additional £1 billion in funding to help support female-led businesses in the UK recover from the coronavirus. The aim is to ultimately help female entrepreneurs scale and grow, and builds on the £1bn announced last January, which was the largest intervention by a UK lender focused specifically on female-led businesses.

Temenos (SIX: TEMN), the banking software company, today announced its next-generation end-to-end corporate lending platform, designed to help banks digitally transform their entire corporate banking business to reduce cost and drive operational efficiencies, improve customer experiences, and create offers for customers that are tailored to individual corporate needs.

Frankfurt-based d-fine joins Avaloq’s global partner network to strengthen the leading digital banking solutions provider’s implementation capabilities.

Open Banking pioneer Nuapay, powered by Sentenial, today announces its partnership with Beam, the innovative fintech payments service provider for small businesses.

Nutanix (NASDAQ: NTNX), a leader in private cloud, hybrid and multicloud computing has announced that Aberdeen based Robert Gordon University has deployed Nutanix Xi Frame to complement and extend its existing on-campus End User Computing (EUC) solution to support demanding researchers in Schools of Architecture and Engineering plus students on the Scottish Graduate Apprenticeship (GA)