Timberland Investment Resources Europe LLP (TIR) has closed its second Forestry Fund II, successfully meeting its target of $200m of committed capital.

The success of the fund is in part linked to timberland as an asset class receiving increased interest from pension schemes and investors. Timberland has the ability to provide stable returns, and a diversified portfolio, along with being an inflationary hedge.

Volumes decreased -13.7% month-on-month and increased +17.6% year-on-year.

Integral (www.integral.com), a leading technology company in the foreign exchange market, reported today average daily volumes (ADV) across Integral platforms totaled $44 billion in July 2021. This represents a decrease of -13.7% compared to June 2021 and an increase of +17.6% compared to the same period in 2020.

Capital markets fintech Nivaura has appointed Scott Eaton as its new Chief Executive Officer.  Eaton brings three decades of experience in leadership roles in capital markets and financial technology.  Most recently he served as CEO of Algomi from 2018 until its sale to BGC in 2020 and prior to that as Chief Operating Officer of MarketAxess Europe from 2015-2018.

Colt brings enterprise sites even closer to the Cloud, covering almost all major public cloud PoPs in Europe and Asia

Colt Technology Services, a leading provider of agile, high bandwidth connectivity solutions, has today announced that it is now interconnected at over 200 public Cloud on-ramp locations globally, covering the vast majority of the major public Cloud Points of Presence (PoPs) market in Europe and Asia.

New global receivables finance report shows impact of Covid-19 on fraud across Europe and US

EQ Riskfactor, the risk management specialist and part of EQ (Equiniti plc), today launches volume 2 of its global outlook report series – “Technology – the route to resilience”.

The report surveyed senior decision makers from the receivables finance industry across the UK, US, Germany, France and the Netherlands on the impact of Covid-19, and how technology is helping tackle the challenges of fraud. 

Lloyds Bank has become the first bank in Europe to partner with Visa to offer Straight Through Processing (STP) technology to customers using its commercial charge cards.

Straight-Through Processing (STP) enables a more efficient way to pay invoices while providing the traditional benefits of commercial card payments to both the buyer and the supplier.

The latest version of NAKIVO Backup & Replication provides additional security with Immutable Repository and Two-Factor Authentication to help customers protect their backup data against ransomware.

• Bank introduces female entrepreneur focussed specialists based in communities, in partnership with BEIS and LEP Network
• 28 Local Enterprise managers around the UK have committed support to Local Enterprise Partnerships

Avast Global Risk Report shows businesses in the United Kingdom have a monthly risk ratio of 11% of getting attacked by any type of PC malware

·       41% of Brits’ key motivation for investing in crypto is long-term investment and stable return

·       51% would be very interested in taking out a loan by using crypto holdings as a guarantee

·       39% were very likely to use crypto to send money abroad or receive money from outside UK from friends and family

New research commissioned by Coinbase, the global cryptocurrency exchange platform, has found that many Brits are increasingly identifying cryptocurrency as a viable and reliable alternative to traditional financial systems.