At today’s Spending Review, the government has announced its plans for spending over the next three years, from 2022/23. This includes a number of measures to support smaller businesses, to be delivered by the British Business Bank.
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Spending Review and Autumn Budget 2021: British Business Bank Response
Wednesday, October 27, 2021 - 17:12
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Financial IT
Sovcombank Reduces Stake in SPB Exchange to 10%
Sovcombank has reduced its ownership stake in SPB Exchange from 12.9% to 9.99% by selling part of its stockholding. The Bank’s stake was purchased by shareholders, some of the Bank’s key partners, as well as the management company Sovcombank Asset Management. Each buyer purchased an insignificant share.
Sovcombank decided to reduce its equity stake in SPB Exchange in order to bring its share below 10% so as to treat this holding as an immaterial investment.
Sergey Khotimskiy, co-owner and First Deputy Chairman of the Board of Sovcombank, said:
Wednesday, October 27, 2021 - 16:33
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Financial IT
Insurers Diversifying Assets in Search for Yield
Clearwater Analytics’ 2021 Insurance Investment Survey Report reveals insurers are shifting into non-traditional assets, recruiting external managers, and deploying cloud-based reporting platforms
Wednesday, October 27, 2021 - 16:11
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Financial IT
HelpSystems Acquires Enterprise Data Loss Prevention Leader Digital Guardian
Digital Guardian strengthens HelpSystems’ data security portfolio with SaaS and managed service-enabled endpoint, network, and cloud data loss prevention
Wednesday, October 27, 2021 - 15:51
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Financial IT
Tingo Mobile Plc, the Core Subsidiary of Tingo Inc. Signs a Strategic Partnership Agreement With Visa to Further Its Financial Inclusion Drive Across Africa and Beyond
Tingo Mobile Plc partners with Visa as its sole card scheme
To further deepen its financial services in Nigeria and with ambitious expansions plans across Africa in the coming years, Tingo Mobile Plc today announces it has entered into an agreement with Visa Inc., the world leader in digital payments.
Wednesday, October 27, 2021 - 15:30
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Financial IT
Staircase AI Raises $4 Million in Seed Round to Create B2B Relationship Intelligence Platform
Staircase Relationship Intelligence (SRI) enables Customer Success teams to generate annual recurring revenue (ARR) and upsell opportunities through proactive relationship monitoring
Wednesday, October 27, 2021 - 15:11
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/news/artificial-intelligence/staircase-ai-raises-4-million-seed-round-create-b2b-relationship
Financial IT
ThycoticCentrify Delivers First Integration of Secret Server with its Platform for Modern Privileged Access Management
Product strategy milestone uses the platform to offer SaaS-delivered access services for hybrid organizations
Wednesday, October 27, 2021 - 14:59
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Financial IT
How Can the Finance Sector Ensure Supply Chain Resilience?
In the aftermath of the Covid-19 pandemic, the financial IT landscape is more complex than ever, and continuing to change as organisations onboard new software at pace to adapt to a new way of working. These rapid changes can come with new challenges and a whole host of new suppliers, partners and regulators to manage.
Wednesday, October 27, 2021 - 14:28
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Financial IT
Pico Announces the Release and General Availability of its New Flagship Corvil 100Gbps Capture and Analytics Appliance
- Delivers sustained 100Gbps real-time processing to handle the most demanding market data and enterprise network environments –
Wednesday, October 27, 2021 - 14:22
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Financial IT
Atom Bank Launches Fixed Rate Secured Loans for Businesses
Atom, the UK’s first app-based bank, which has provided funding for over £1bn in lending to UK SMEs, has now launched fixed rate secured loans for businesses.
Available from 27 October, the products complement Atom’s existing variable rate secured business loans and its partnership with Funding Circle to support unsecured lending to SMEs.
Wednesday, October 27, 2021 - 14:02
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Financial IT
