The British Business Bank has so far accredited 41 lenders for the Growth Guarantee Scheme. Following their accreditation, each lender needs to put in place the operations required to start lending under the scheme, and they will be listed on the British Business Bank website once they are ready to start receiving applications. 20 lenders have so far confirmed they are open for applications. Further lenders are going through the accreditation process and will be accredited over the coming weeks.
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Duco, the leading enterprise platform for data automation, today announces the launch of its end-to-end reconciliation capability for unstructured data. This addresses a major pain point for capital markets firms by enabling them to automate the extraction and processing of unstructured data formats. Doing so will unlock enormous efficiencies and cost savings by removing the need for multiple point solutions and slow, risk-prone manual keying of data between systems.
The EU's MiCA regulation sets transparency requirements for crypto asset service providers. They will be obliged to publish sustainability figures for the cryptocurrencies they offer.
Icon Solutions today announces it has strengthened and expanded its strategic partnership with NatWest with the appointment of Ian Povey, CIO Payments Technology, and Lee McNabb, Head of Payments Strategy and Partnerships, as Board Observers.
AlHuda Centre of Islamic Banking and Economics (CIBE) top management visited the heart of Francophone markets Senegal, Ivory Coast, Mauritania and Guinea. The key objective of the visit was to analyze, evaluate and understanding about financial markets, adoptability and scope for Islamic Finance Industry.
While rapid advances in technology are continuing to drive business transformation agendas, less than a third (29%) of senior leaders consider their technology foundation readiness to be very high, according to a new survey from KPMG International.
Capital.com, the high-growth retail trading platform whose client trading volumes surpassed $1trillion in 2023, has announced it will remove overnight funding for non-leveraged (1:1 leverage) CFD trades on shares and cryptocurrencies (crypto trading is not available to retail clients in the UK). The decision to do away with overnight adjustments for key markets underpins Capital.com’s commitment to help traders reduce their cost as they explore longer-term, investment-style strategies.
Pyypl (pronounced “People”) – a pioneering fintech company in the Middle East and Africa (MEA) is proud to announce its achievement of the latest PCI-DSS V4.0 Certification.
Ethos, a financial services company dedicated to ethically minded consumers in the UK, has partnered with Thought Machine, the cloud-native banking technology company, to launch a Shariah-compliant digital service.