• Bridging loan company aims to double lending book in 12 months
• Cheadle lender plans to expand in all areas including product enhancements and increasing its maximum loan size having recently lent £3.87m in one week
• Shawbrook Bank continues to back firm with increased wholesale facility

Technology continues to evolve at an exponential rate. From one year to the next, we are presented with exceptional new innovations that can effectively make our jobs and everyday lives easier. Artificial intelligence (AI), in this respect, can represent a vital tool – especially if we learn how to use it to our advantage.

Summary: After rebounding at the beginning of the week, the Dollar eased against its rivals. US January ISM factory activity fell 1.2% from the previous month but matched median forecasts at 57.6. The Dollar Index (DXY) which measures the value of the Greenback against a basket of 6 major currencies, eased 0.21% to 96.35 (96.65 yesterday). Despite a dovish monetary policy statement from the RBA, the Australian Dollar (AUD/USD) rebounded to 0.7117 from 0.7068 yesterday.

World’s largest mutual building society utilises Jumio’s AI-powered solutions to verify identity and age of new members

Wolters Kluwer’s Governance, Risk & Compliance (GRC) division has won a raft of independently judged accolades, recognizing it as a “Great Place to Work.” The awards, all free to enter programs decided by independent editorial panels, celebrate Wolters Kluwer GRC as a global employer that values its staff, recognizes and promotes talent from within and fosters a collaborative, inclusive and high-performing culture.

The division enjoyed a record year for employee engagement awards and was recognized for its financial technology business lines, winning the following:

Ideal’s market impact analytics provide crypto trading firms with unprecedented transparency on transaction costs and profitability.

iGrafx Acquires Logpickr, Adding Next Generation Process Mining to its Business Process Management Portfolio

Acquisition brings patent-pending technology to speed process discovery, delivering faster results for operational excellence, digital transformation, and regulatory compliance initiatives.

Payment orchestration and open banking synergy

The industry leading payment orchestration platform, IXOPAY, has partnered with FinTecSystems, a leading open banking and data analytics platform.The strategic partnership will see IXOPAY and FinTecSystems offering clients a smart payment solution that provides high-risk merchants with independence, flexibility, and security backed by data-driven automation.