Analysts of the European investment platform Robo.cash predict that in the next year or two a small number of new lending platforms will enter the P2P-market. Moreover, most of them will probably be part of financial groups and will offer more favorable conditions in order to compete with older players.

Commenting on UK GDP rising 2.3% in April, Douglas Grant, Director of Conister, part of AIM listed Manx Financial Group, said: “The monthly rise in UK GDP follows the recent positive trend of economic data, falling in line with what we’d expect as restrictions are lifted and the economy nears fully reopening. As the lifeblood of the UK economy, agile and resilient SMEs have no doubt contributed to this growth in output as they adapt to the post-pandemic economy.

Businesses that put data into action, tied it to innovation, and drove its use across the entire organisation were the real winners in 2020 and are blazing ahead into 2021. This was the common thread from customers and speakers at this year’s TIBCO Analytics Forum.

FinecoBank today announces that UK customers will have access to a new suite of funds by Wellington Management via its investing platform.

Wellington Management is one of the largest global asset managers offering investment solutions spanning across the global equity, fixed income, multi-asset and alternatives.

The latest addition to Fineco’s investment platform follows a string of recent fund announcements made this year including AXA IM, Candriam and Ninety One.

Temenos, the banking software company, announces the winners of the 2021 Temenos Changemaker Awards for customers, presented at the annual flagship event, the Temenos Community Forum (TCF). The event brought together 50 industry speakers and 10,000 business leaders and technologists from around the world to reinvent and shape the future of banking.

Bottomline (NASDAQ:EPAY), a leading provider of financial technology that makes business payments simple, smart and secure, revealed today that almost half of business across Great Britain (47%) that intend to stop processing outbound international payments are doing so due to the difficulty in tracking them, while 40% plan to stop as they find it difficult to pay international suppliers on time. These issues are acutely felt by small businesses, who are more hesitant than their enterprise counterparts to start making international payments (38% vs 10%).

Nutanix (NASDAQ: NTNX) and Hewlett Packard Enterprise (NYSE: HPE) today announced an expanded partnership to accelerate hybrid cloud and multicloud adoption by offering Nutanix Era™, a multi-database operations and management solution, bundled with HPE ProLiant servers, as a service through HPE GreenLake.

Checkmarx, the global leader in developer-centric application security testing solutions, today announced that it has named Roman Tuma as Chief Revenue Officer (CRO). Previously the Vice President of Sales for Checkmarx’s EMEA, LATAM, and APAC business, he will now be responsible for driving the company’s go-to-market strategy including overseeing global sales, channel operations, and strategic alliances.

Winning more customers in the financial services industry has never been more challenging. By applying the latest AI technologies and automation techniques to the plethora of data now available, banks and other financial institutions can boost both customer retention and acquisition.