Tide, the SME-only leader in digital challenger banking, is delighted to announce that its partner, ClearBank, a next-generation clearing bank, has been awarded a grant from the RBS Alternative Remedies Package of £60 million.

The grant is one of three from Pool A of the Capability and Innovation Fund that forms part of the £775 million package, backed by the UK Government, and overseen by Banking Competition Remedies Ltd.

Rabbet, a leading intelligent construction finance platform, announced today it has closed an $8 million Series A round backed by Goldman Sachs’ Principal Strategic Investments group, QED Investors and Camber Creek.

From April 1, Roland van der Vorst will start as the new Head of Innovation WRR (Wholesale, Rural and Retail) at Rabobank. 

The Board of Banking Competition Remedies Ltd (BCR) today announces the results of the Capability and Innovation Fund Pool A grant process.

The Capability and Innovation Fund Pool A is designed to promote competition in the market for banking services to SMEs in the United Kingdom through expansion of each successful applicant’s business capacity, product offering and/or target markets. 

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, today announced that Graystone Asset Management Ltd, an investment management and advisory firm, has contracted with Trading Technologies to secure ultra-low-latency connectivity to leading exchanges through TT’s new Infrastructure-as-a-Service (IaaS) solution. 

Insurance carriers are busy building organization-wide strategies to create innovative products, leverage technology effectively and deliver real customer value – something that takes a lot of time, effort and inspiration. According to a 2018 survey of more than 400 insurance executives conducted by Insurance Nexus, 77% of North American carriers invested in AI and machine learning in 2018 (an increase on 70% the previous year), with 85% anticipating this to increase further in 2019 (up from 68% the year before).

Lunar Way continues its expansion and launches in Norway. This happens only a week after the fintech shared the news that they received €13 million in funding to take on the Nordics.

UK-based fintech Arro Money is incredibly excited to announce the recent signing of a letter of intent with global media, events and talent specialist Invincible Group.

"We’re very excited to work with Invincible Group to develop a unique product, which will capitalise on their sporting and film industry celebrity and social influencer partnerships and our white label solution"

The Global Blockchain Business Council (GBBC), the leading industry association for the blockchain technology ecosystem, has launched a Blockchain Education Initiative to draw attention to the innovative blockchain work that leading academic institutions around the world are undertaking to promote a greater understanding of blockchain technology and its numerous applications.

UK students name Asos as ‘best at communicating’ in poll that shows the importance of personalising communications and using the appropriate channels