As the Government’s CBILS initiative draws to a close this month, two British fintechs Ebury and MarketFinance, have joined forces to ensure SMEs across the UK are able to quickly access the emergency lending. MarketFinance will offer both its CBILS loans and revolving credit facilities to Ebury’s UK SME base to support them with their business finance needs.
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New figures from Juniper Research have revealed that smart checkouts, where the fixed checkout process is replaced by frictionless tech, will process $387bn in transactions by 2025, up from just $2bn this year.
Yorkshire Building Society is hiring 35 new tech professionals as part of its ongoing investment in digital capabilities.
The Society is looking for a wide range of IT engineer and leadership roles including software development and operations, networks and testing, to accelerate its digital investment programme to help improve customer service and help increase operational efficiency.
Financial markets have been on a rollercoaster for some time as first geopolitical tensions and then a global pandemic swept across the globe. Where has this left the online trading community and are there opportunities for members of the general public to get more involved? Financial IT caught up with Dáire Ferguson, CEO of online trading broker AvaTrade, to find out more
Acronis announced the release of Acronis Cyber Protect 15, a B2B solution which integrates backup, disaster recovery, next-generation antimalware, cybersecurity, and endpoint management tools into a single solution. The findings of the Acronis Cyber Readiness Report 2020 illustrate why organisations need a cyber protection solution that reduces complexity and improves security while remaining cost-effective.
With the global economy racing to embrace digital payments, central banks also are looking to the future and investigating how to support innovation while maintaining monetary policy and financial stability as they issue and distribute currency.
BNY Mellon announced the launch of its Automated Medical and Dental Payments Solution, which facilitates the conversion of claims payments from checks to electronic payments and expedites and simplifies the processing of claims. In addition to generating payments, the new offering provides Explanation of Benefits (EOB) statement delivery, includes 1099 management and processing, is file-agnostic, and allows users payment information status and access through an online portal.
Existing Planixs customer, Ghana International Bank (GHIB), has renewed its contract with the leading provider of real-time, intraday cash, collateral and liquidity management solutions, to continue to manage its cash and liquidity through Planixs’ Realiti® treasury software suite.