Mode Banking​, the London-based FinTech backed by the co-founder of Twitter Biz Stone, is rolling out new banking capabilities including individual sort code and account numbers for all its users, as part of its long  term commitment to delivering a truly digital banking app.

Financial IT: Can you tell us more about ITSCREDIT and your background?

Filipe Catalão (FC): Applying for credit from a bank is traditionally a complex, paper-based process involving countless trips to and from a bank branch to obtain information and deliver and sign dozens of documents. This process brings unnecessary stress and strain at a very busy time.

Tim Hardcastle CEO and founder of INSTANDA comments on the FCA measures implemented to help insurance customers in light of Covid-19

The measures implemented by the FCA this week are a hugely positive step for the insurance industry and regulators to co-ordinate support to the many families and small companies that even after extensive government support may still be struggling financially as a result of this pandemic.

ZagTrader has announced today the launch of its new program ZagStartUp to provide a boost to the startup ecosystem in the financial market sector. As part of this program, ZagTrader will provide qualified startups with a complete suite of IT services such as having access to all ZagTraders products and services for the financial markets, IT inf

Leading Saudi fintech company, Geidea launches BETA testing for its new and innovative range of SME products that will be available in September of this year.

With nearly 70% market share, Geidea is the number one payment provider to banks in Saudi Arabia, and is now targeting the SME market.

With these new products and its existing expertise, Geidea will deliver to any business type end-to-end payment solutions and store management technology previously only available to  large chains or global merchants.

As part of a large-scale strategic project that will substantially increase its offering and expand its business, one of the largest banks in Azerbaijan, Unibank, has successfully connected its in-house processing directly to Mastercard. The integration marks the completion of the second phase of a major project to migrate the bank’s payment infrastructure to the open development payments platform, TranzAxis, from Compass Plus.

Wolters Kluwer Compliance Solutions is set to help local lenders and their small business client recipients of Paycheck Protection Program (PPP) funding facilitate online loan forgiveness applications through its TSoftPlus™ PPP Forgiveness Module.

Curve, the banking platform that consolidates multiple cards and accounts into one smart card and even smarter app, has today announced that its premium Curve Metal card and exceptional benefits are

Salt Edge, a leader in developing open banking solutions, helps banks and eWallets become PSD2 compliant in no time and get exempted by the national regulator from providing a fallback channel.

 Xero, the global small business platform, today announced availability of improved financial reporting tools for small businesses and their advisors to help them manage revenue, profit and cash flow. 

With the COVID-19 pandemic impacting small businesses around the world, Xero has accelerated the rollout of the expanded reporting pilots and introduced new features so businesses and their advisors can quickly see crucial financial metrics and manage business continuity.