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Provenir Appoints Cheryl Woodburn New Country Manager for Canada

Woodburn brings more than 25 years’ experience in growing markets and creating new value for customers

 Provenir, a global leader in AI-powered risk decisioning software, today announced Cheryl Woodburn has been appointed Country Manager for Canada to support the record-breaking growth the company is experiencing in North America. Woodburn will manage all operations as Provenir responds to growing demand in Canada.

Thursday, February 3, 2022 - 16:28
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Financial IT
Cashflow Keeping Business Leaders Awake at Night as Smes ‘extremely Concerned’ for 2022

A survey by alternative lender Capify revealed the majority of SME owners have cashflow concerns for the year ahead, with a fifth fearing they would not survive another lockdown

But survey also reveals UK SME resilience, with 60% increasing turnover in 2021 and a similar number expecting growth and new hires for 2022 

Cashflow is keeping business owners awake at night, with over half concerned about their incomings and outgoings, a new survey has revealed.

Thursday, February 3, 2022 - 15:58
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Financial IT
Ecb's Lagarde Remains Resolute, but How Long Can She Hold Out?

Commenting on the ECB making no change to monetary policy, Shane O'Neill, Head of Interest Rate Trading for for Validus Risk Managementsaid: “After yesterday’s inflation print out of the EU, the highest recorded since the creation of the single currency, the pressure was on the ECB today. In line with market expectations, they have made no change to their policy and the associated statement is also virtually unchanged from a month earlier.

Thursday, February 3, 2022 - 14:46
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Financial IT
Boe Interest Rates - Savers Still Not Getting a Fair Deal as Inflation Outstrips Rate Rise

Cameron Parry, Founder & CEO of Tally, says: “Despite this announcement, savers are actually worse off than three months ago as the rate of inflation is currently increasing at 1% per quarter.  So even if banks passed on all interest rate increases to savers which, let's face it, they' don't, if the BOE increased rates by 0.25% regularly it is still dwarfed by the rate of inflation.

Thursday, February 3, 2022 - 14:39
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Financial IT
American Express Research Reveals the Multiple Benefits That Personal Travel Offers Small Business Leaders

New research from American Express reveals that small business leaders are dreaming of rediscovering the joys - and ongoing benefits - of travel, with approaching two-thirds (65%) planning to take multiple trips in 2022, and almost seven in 10 (68%) stating that personal travel boosts their ability to run their business well.

Thursday, February 3, 2022 - 14:27
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Financial IT
Connected Capital Closes €154 Million Second Fund Targeting European B2B SaaS Scale-Ups as Global Demand for Cloud Software Grows

Amsterdam-based Private Equity Firm's Second Fund is 3x Size of Previous Fund and Brings Total Assets to over €200 Million; New Fund Makes Connected Capital The Largest Pure-Play B2B SaaS Investor in Europe

Thursday, February 3, 2022 - 14:08
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Financial IT
Bank of England Announces Further Hike to 0.50%
  • The Bank of England has raised rates for a second time since December 2021 to 0.50%.
  • The committee voted 5-4 in favour of a hike to 0.50%, with those in the minority favouring a rise to 0.75%.
  • CPI is expected to peak at 7.25% in April 2022, a full 2% higher than was expected in November 2021.
  • Initial market reaction sees the UK 10 year government bond rise above pre-pandemic levels.

Jonathan Moyes, Head of Investment Research, Wealth Club

Thursday, February 3, 2022 - 14:04
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Financial IT
Outseer Expands Industry-Leading Fraud Protection into Emerging Payments Categories

Outseer Emerging Payments™ builds on decades of fraud prevention and machine learning innovation with new solution for Buy Now, Pay Later installments

Thursday, February 3, 2022 - 13:59
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Financial IT
8 Out of 10 Card Payments Now Contactless in the Nordics

Denmark leads the pack with a staggering 90 per cent of card payments now contactless.

Norway is close behind at 87 per cent. Sweden and Finland have now both surpassed 70 per cent.

Thursday, February 3, 2022 - 13:45
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Financial IT
Chile’s Data-driven Lender Mento Launches on Mambu to Improve Financial Inclusion

Mento’s migration to the leading cloud banking platform will bolster Chile’s efforts to improve financial inclusion by providing microlending and other credit options to the unbanked and underbanked 

Thursday, February 3, 2022 - 12:45
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Financial IT

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