Jaywing has completed its work with Starling Bank to deliver an IFRS 9 modelling framework for the calculation of IFRS 9 Expected Credit Losses on the Coronavirus Business Interruption Loan portfolio.

Following appointment in June, Jaywing has built a data-driven model with flexibility, pragmatism and expert judgement to facilitate the provision of government-backed loans to support small businesses affected by coronavirus (Covid-19) with immediate liquidity needs.

Zortrex, the disruptive data security start-up and developer of Zortrex Token Vault, a unique, secure and scalable tokenisation system, has today announced the appointment of Michael Boevink as CEO.

INSTANDA, the leading customer and policy management platform for the insurance industry, and Capco, the global management and technology consultancy, and have today announced a new partnership that leverages technology and data to further accelerate ongoing digital transformation in insurance.

Today the British Business Bank has announced that it has approved Conister for accreditation to the Bounce Back Loan Scheme (BBLS), and Bank of Ireland (UK) for accreditation under the Coronavirus Large Business Interruption Loan Scheme (CLBILS).

Conister will join the other 26 BBLS lenders who have been accredited since the scheme opened.

Trustly, the global leader in Online Banking Payments, is pleased to announce that it is expanding its offering to Australia and Canada.

Expansion into Australia marks Trustly’s first step into the Asia-Pacific region, while Canada bolsters its North American market coverage. Together, these two countries represent a momentous move in Trustly’s plan to develop a global Online Banking Payments network, adding to Trustly’s existing coverage in Europe and the US.

Singapore Exchange (SGX), the world's largest and fastest-growing Asian foreign exchange (FX) futures marketplace, and Cassini Systems, the leading provider of pre- and post-trade margin and collateral analytics for derivatives markets, have partnered to provide a free service for SGX market participants, to help them prepare to meet the Uncleared Margin Rules (UMR) requirements.

Button, the leading mobile commerce technology company, announced its partnership with Plum, the money management AI assistant.

Leading LendTech company, DivideBuy, has revealed the results of its partnership with Grass Warehouse, the UK’s leading retailer of artificial grass and the online-only subsidiary of the Walton Flooring Centre.

Payments company EBANX is ready to provide debit card payment processing in Brazil to all global merchants. By integrating once with the EBANX debit card solution for the country, merchants will be able to offer Brazilian consumers the option to pay using a variety of debit cards, from both local and global schemes, including the virtual debit card recently launched by the Brazilian Caixa Econômica Federal. 

Following the signing of a five-year contract, Equifinance has successfully migrated its existing secured loan portfolio onto the Phoebus account servicing product. Migration took place over the weekend of the 8th August and the implementation project was delivered on time and on budget.