Small and medium sized enterprises (SMEs) in the UK would have access to a new working capital solution from a mainstream bank which provides approval for funding between £500 and £100,000 within a matter of minutes and access to the funds within a day - a process that currently takes between two and 12 weeks. The solution from Santander, to be made available exclusively online, would leverage the powerful Kabbage Platform to accelerate automated SME lending, and enable customers to draw down a line of credit as often as once a day.

Saxo Payments, the global transactions services provider has today launched a white paper revealing the results of exclusive research into the cross border payments industry. Those surveyed included issuers, acquirers and PSPs as well as merchants, for a rounded view of the market, covering issues such as speed of money transfer, fees for international payments, and FX rates.

OpenLink has been named “Best Overall ETRM Platform” for the eleventh straight year in the 2016 Energy Risk Software Rankings. OpenLink achieved first-place rankings across thirteen categories, based on a survey of 245 end users and energy firms.

The pre-Budget hype around pensions tax relief that turned into pre-Budget warnings not to expect anything radical made for an interesting couple of weeks. I won’t dwell on the already dissected detail; I’m more interested in the direction of travel and what it means for investors.

Full-service payment processing specialist, Quatrro Processing Services (Quatrro) has sealed a five-year business alliance to manage Forex Prepaid Card Processing with DCB Bank, a new generation private sector bank. Under the aegis of this alliance, Quatrro will drive DCB TravelSmart, the bank's Multi-Currency Forex Prepaid Card, by providing end-to-end technology and operations support.

Global data center solutions provider CyrusOne, Inc. has closed the previously announced acquisition of a suburban Chicago data center in Aurora, Ill., from 

APQC, the benchmarking, best practices, process, and performance management authority, has launched its cloud-based business process tool, MosaiQ™. Designed to simplify business process management for organizations of all sizes, MosaiQ enables users to measure, manage, and learn about their organization’s business processes and to quickly create, and even export, custom frameworks that scale and mature as their business evolves.

Orc Group Holding AB (under name change to, and hereafter referred to as Itiviti Group Holding AB) announced the completion of the combination with CameronTec Intressenter Top Holding AB. Orc and CameronTec on 2 February 2016 announced the establishment of the new combined company Itiviti. With the purpose of simplifying and aligning the structure and organization of the new Group, the legal structures are merged through the incorporation of CameronTec Intressenter Top Holding AB under Itiviti Group Holding AB.

The strategic partnership between fintech industry’s innovative KYC compliance service provider, iSignthis and the leading blockchain payments provider, Coinify ApS, delivers service commencement of a new global product connecting blockchain payments, KYC identity & credit cards.