Early results indicate potential for 42% more auto-approvals for auto loans and 45% more auto-approvals for unsecured loans

Early results indicate potential for 42% more auto-approvals for auto loans and 45% more auto-approvals for unsecured loans

 Goldman Sachs announced that it was looking into the use of NFTs, particularly as it relates to the “tokenization of real assets.” Among the many potential real-world uses, real estate and other big-ticket items can be bundled up and tokenized. A major financial player like Goldman Sachs stepping up in that arena would be highly consequential, says one fintech CEO.

 Visma | Onguard, the fintech company that focuses on the order-to-cash process, has appointed Adriaan Kom (41) as Managing Director as of the 1st of June. Kom has been working at Visma | Onguard for one and a half years as Chief Commercial Officer. In his new role, Kom will focus on the further growth of the company as part of Visma.

NEAR Foundation, the Swiss non-profit that oversees the governance and development of the NEAR protocol, today announced it has partnered with local blockchain community Sankore to launch a regional hub in Kenya dedicated to ongoing blockchain innovation, education and talent development throughout the African continent. 

Newcastle Intermediaries has removed the minimum income criteria on its Buy to Let (BTL) mortgage products in an effort to broaden its appeal with landlords who have lower or non-traditional incomes.

From 4^th May borrowers no longer need to meet the £25k pa (£30k joint) minimum income requirement on Newcastle Intermediaries’ BTL mortgage products, with affordability instead being assessed on the Interest Coverage Ratio (ICR).

The partnership aims to tackle surging fraud and money laundering risks for lawyers

Thirdfort, the risk management platform for professional services, has partnered with legal practice and case management platform Good Law Software (GLS) to help lawyers meet growing fraud and money laundering risks. 

Procurement teams within businesses of all sizes are under pressure to drive, and then demonstrate measurable value and savings. Many are choosing to automate and optimise part of or all their finance and procurement operations as part of that process. However, like any other investment, procurement pros need to justify the investment to their CFO or finance team for such an initiative.

GBP Plunges, UK Growth Outlook Worsens; EUR, AUD/EMFX Slump