New research from global SME funder, Bibby Financial Services, reveals that 2023 is the worst economic environment for small and medium-sized enterprises (SMEs) in 15 years. 

Findings from the 2023 Global Business Monitor, which surveyed SME owners and decision-makers from nine countries, show inflation (55%), energy costs (49%) and uncertainty over local economies (28%) are stifling business growth in 2023.

New research from NTT DATA UK&I, a leading innovator and IT services provider for the banking and financial services industries, provides some concerning insights regarding customer satisfaction and trust in the retail banking industry.

Change is the only constant, and the crypto industry is no exception. New age cryptos like Fetch.AI and Pikamoon are changing the face of the game. They are redefining what is possible through their disruptive blockchain technology.

Experts believe these two unique coins are two of the many interesting cryptocurrency projects at the forefront of blockchain technology and innovation.

Paytrix, the pioneering fintech firm that simplifies global payments for high-growth businesses, today announces the appointment of renowned Irish financial services entrepreneur, Joe Redmond, as Chief Executive Officer for Paytrix Ireland. With a formidable industry track record and extensive experience across payments, foreign exchange, governance, risk and compliance, Joe will oversee Paytrix Ireland’s programme of licence acquisition and regional expansion. 

LMS, the UK’s leading conveyancer and panel management specialist, today announces that Hanley Economic Building Society has chosen LMS Panel Link® to drive efficiencies in the conveyancing process. This collaboration will allow the lender to gain access to a fully vetted panel of law firms specifically tailored to its bespoke needs. 

Two-thirds (65%) more businesses are experiencing difficulty in accessing finance from high-street banks than they were in 2022* as mainstream lenders pull away from the SME market, according to new data from Sonovate, the leading provider of embedded finance and payment solutions for the contingent workforce.

Modulus, a trailblazing US-based developer renowned for its cutting-edge trading, exchange, and surveillance technology, has set a new industry standard with the launch of its AI conversational assistant tailored for digital asset exchanges. As Modulus gears up to continue to revolutionize technological infrastructure across industries, it is with great excitement that the company announces that CEO Richard Gardner is a distinguished new addition to the board of the American Society for AI (ASFAI).

Temenos today announced that it has earned the Trusted Cloud Provider trustmark from the Cloud Security Alliance (CSA), the world’s leading organization dedicated to defining and certifying best practices to help ensure a secure cloud computing environment.

From today, TSB is taking applications for fintechs to participate in its third annual TSB Innovation Labs programme – as the bank and Fintech Scotland encourage a new round of fintech collaboration. 

UK AI Regulation VS. EU AI Act