Today the British Business Bank has announced that it has approved nine new lenders for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS), bringing the total number of CBILS lenders to over 60.

New lenders Assetz Capital, Atom bank, Ebury, Fleximize, Investec, Social Investment Business, Tower Leasing, Ultimate Finance and White Oak UK, will be able to provide financial support to smaller businesses across the UK that are losing revenue and seeing their cashflow disrupted, as a result of the Covid-19 outbreak.

A global survey of institutional investors commissioned by accounting automation software leader BlackLine, Inc. (Nasdaq: BL) reveals that 79% of global investors believe that CEOs should be held accountable for a company's financial reporting errors. Surprisingly, only 38% of investors feel that CFOs should be held to account.

Temenos (SIX: TEMN), the banking software company, today announced that BHD Leon has chosen to implement Temenos Transact, the next generation core banking product, as part of its digital transformation program. The implementation will be conducted in two phases, migrating business lines across retail, SME, corporate and wealth management sectors from a legacy system to Temenos’ cloud-native, API-first microservices-based platform.

Finboot, the company behind the production-ready blockchain middleware MARCO, is pleased to announce that it has been included in the World Economic Forum’s (WEF) first ever Blockchain Deployment Toolkit as an example of a company that proves the value of the blockchain ecosystem within supply chains. Two of Finboot’s successful blockchain implementations are referenced, including a project with energy giant Repsol.

Atom, the UK’s number one rated bank on Trustpilot, has today announced that it has been approved for accreditation as a new lender by the British Business Bank to offer secured loans through the Government-backed Coronavirus Business Interruption Lending Scheme (CBILS).

Atom will be offering eligible businesses secured loans from £100,000 up to £5m through the 200+ independent brokers that are registered to work with Atom.

Rocker, the Swedish neobanking pioneer, has selected Enfuce– Finland’s largest fintech startup – as partner for card issuing and payment processing. The collaboration enables Rocker to issue VISA prepaid cards easily and securely.

Finantix, the leading global provider of trusted technology to the wealth management, insurance and banking industries, today launched its latest Digital Collaboration Hub which allows financial institutions to activate a collaboration channel within weeks.

Masthaven Bank has made changes to its senior leadership team with the appointment of Leigh Bartlett as Chief Executive Officer (CEO).   Jon Hall will continue in his current role as CCO and Deputy CEO whilst Andrew Bloom, Masthaven’s founder, has stepped back from being CEO but will continue to remain on the Board as Non-Executive Director.

Compass Plus further strengthened its partnership with Stratus Technologies in Asia Pacific with the announcement of the successful stress testing of TranzAxis using Stratus 

TranSwap, a home-grown cross-border payments platform for businesses, today announced that it has launched an e-remittance service, for employers of foreign domestic workers (FDWs) to digitally send money back to their FDW's families during Circuit Breaker. The launch comes at a time when it has been challenging for FDWs to access remittance services to send money home and support their families.