Paul Burleton has joined fintech Delio as its Chief Operating Officer, making him the latest senior appointment at the company.

1.7 million people across the UK are borrowing from high-cost lenders in order to pay off existing debts*, according to research from a responsible lender, Creditspring.

A quarter of people (24%) who borrowed from high-cost lenders sought credit so they could repay other debts – prompting fears that millions of people in the UK are at high risk of falling into a debt spiral as interest and debt repayments pile up.

Earlier this year, the FCA began enforcing new rules and guidance relating to operational resilience for firms, financial market infrastructures and the overall financial sector. The FCA defines operational resilience as the ability to respond to, recover and learn from operational disruption and it’s easy to understand why this is a priority. In today’s hyper-dynamic and ultra-connected environment, operational disruption in one organisation can have wide-ranging implications for the wider economy.

Centroid technology has been added to the turnkey broker packages of B2Broker, a leading provider of liquidity and technology. The company continues to strive to provide its clients with the most cutting-edge management tools and to structure its liquidity offering utilizing the best technology available.

Finastra today announced the availability of VeriPark’s VeriLoan cloud-based solution on its FusionFabric.cloud open development platform. Pre-integration with Finastra’s Fusion Loan IQ lending software provides out‑of‑the-box integration between loan origination and servicing functions – joining up the corporate lending process for customers, from the moment they apply for funding, right through to servicing the loan.

Zimpler, a leading fintech company born in Sweden, announced today that it will expand its operations to Latin America. The company has established its LatAm headquarters in São Paulo, catering to the growing local and regional markets. Zimpler plans to introduce its instant payments solution in the country later this year and is already planning its next market expansion.

Freedom Finance, one of the UK’s leading digital lending marketplaces and embedded finance providers, has appointed Paul Bevis as Head of Growth. Paul joins from Royal London where he spent five years, latterly as Head of D2C Partnerships.

Planixs, the leading provider of real-time cash, collateral and liquidity management solutions, has announced today that G-SIB (Global Systemically Important Bank), Santander, has successfully gone live with its Realiti Software Suite to transform the bank’s liquidity management processes, including cash management, liquidity forecasting and risk mitigation. 

Today, Ripple, the leader in enterprise blockchain and crypto solutions, announced On-Demand Liquidity (ODL) customer momentum globally in new regions Africa, Argentina, Belgium, and Israel, as well as current fiat-based RippleNet customers upgrading to ODL in Australia, Brazil, Singapore, the UAE, the UK and the US.