Today the British Business Bank has announced that it has approved Fiduciam for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS), and accredited BBVA under the Coronavirus Large Business Interruption Loan Scheme (CLBILS).

New CBILS lender Fiduciam 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.

CPP Group Plc, the global product and services company specialising in the financial services and insurance market, has further developed its cybersecurity credentials following the signing of a major deal with Ray Sigorta in Turkey.

Ray is a subsidiary of one of the leading global insurance companies, Vienna Insurance Group, and among its biggest brands.

Fast growth fintech, TradeCore, has launched its new platform in the UK, aimed at increasing the pace of innovation in the fintech industry. The platform can reduce time to market for new fintech businesses from months, or even years, down to weeks.

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced it is extending its partnership with Three UK to combat eCommerce fraud, which has increased during the Covid-19 pandemic.

iBanFirst, a global financial services provider, has chosen Tunisia as the home of its new research and development centre to accelerate its product innovation. The new facility is iBanFirst’s third R&D centre globally, with the other two in Paris and Dijon. The office opening is accompanied by a recruitment plan in France and Tunisia of 45 additional hires in 2020.

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Chip, the clever savings app that has helped its users put aside more than £150 million to date, has begun the roll-out of Interest Accounts in a move towards democratising savings. The first savings account to be available via the new platform is eligible for the Financial Services Compensation Scheme (FSCS) and offers a highly competitive easy access rate of 0.90% AER (Annual Equivalent Rate). The rate is above inflation and significantly higher than the Bank of England’s base rate.

TransferMate, one of the world’s leading cross-border B2B payments providers, and TouchNet, the leading provider of integrated and secure commerce and credential solutions for universities, announce the launch of a custom integration solution designed to help higher education institutions solve payment challenges. Through the partnership, TouchNet’s university customers will have access to TransferMate’s education payments portal and benefit from TransferMate’s broad global regulatory footprint.

LiquidityBook, a leading Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, announce the hire of Cash Lafferty as Head of Business Development – West Coast.

Statistics of the P2P lending platform Robo.cash show that the size of the first deposit made by its investors increased sharply in June this year. According to the data, the average first amount which users added to the platform last month was €909. This number significantly exceeds the pre-crisis figures.

Since the launch of Robo.cash in 2017, the first deposit of investors grew from year to year. Thus, in 2017, its average amount was €604, in 2018 - €658 and in 2019 - €772.