Virgin Money has launched a free, full money management package to support small business customers with their day-to-day financial operations and ensure they have a complete view of their past, current and future financial position.

In partnership with market-leading fintech company, Strands, Virgin Money will be the first UK bank and Mastercard issuer to offer Money Management, aimed at empowering small business owners with under £1m annual turnover to take control of their finances in the most efficient way possible.

Ohpen, the first fintech platform to bring a bank to the cloud, today announces the appointment of Douwe-Klaas Bijl as its new CFO. Joining the Executive Board, Douwe will be responsible for Ohpen’s continued expansion from a financial, risk, legal and compliance perspective.
 

TrueLayer, the leading technology company building financial infrastructure that’s open to any business, anywhere in the world, today announced leading investment platform Trading 212 has implemented its platform to deliver an improved investment experience.

Personio, the provider of an all-in-one HR software solution for SMEs, has appointed Ross Seychell as Chief People Officer.

Open Finance data, intelligence and payments platform Moneyhub, has transformed the ease and speed at which landlords can now file their HMRC Self-Assessment: UK property (SA105) form. Moneyhub’s Data & Intelligence API makes this new feature accessible to fintech innovators seeking to enhance their proposition for landlords.

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organisation, has helped Legal & General (L&G), one of the UK’s leading financial services companies and a major global investor, successfully complete the transfer of its insurance-based savings, pensions, life and with-profits policies to ReAssure (now part of the Phoenix Group).

FIMBank, a private Malta-based bank, has enhanced its financial crime risk management (FCRM) capabilities with a platform from Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions. Robust functionality will assist the bank in managing risk and meeting regulatory requirements while providing scalability to accommodate growth and flexibility to adapt to a rapidly changing fraud environment.

New Look, a fashion retailer in the UK, last week completed its second Company Voluntary Agreement (CVA) and, by doing so, sparked a ground-breaking change to the retail rental model. New Look persuaded some 400+ landlords (c. 90% of its estate) to agree to rents based on shop turnover in order to better align store costs with trading conditions: a radical demand in a sector where the rental model is traditionally built on fixed rents that only go up year on year.

Adyen (AMS:ADYEN), the payments platform of choice for many of the world’s leading companies, has today announced the rollout of Giving - a product feature that enables Adyen’s merchants to accept charitable donations during the online and in-store checkout process, and allows them to strengthen their bond with their shoppers by providing a platform for their preferred charitable causes. By doing so, Giving converts shoppers’ good intentions into additional revenue streams for charitable causes. 

Gresham Technologies Plc (Gresham), the leading global fintech that specialises in providing real-time solutions for data integrity and control, banking integration and payments and cash management, has appointed Jenny Knott and Dr. Ruth Wandhöfer as Non-Executive Directors.