Banking Circle, the next-generation Financial Utility, has continued its award nomination success, as it’s shortlisted for two prestigious Financial Services Forum Awards. 

Banking Circle Virtual IBAN is nominated in the Payments category, while Banking Circle as a company has been nominated for the Financial Inclusion award, recognising its work tackling financial exclusion through its suite of financial solutions.

 Flywire announced the addition of powerful new machine learning capabilities to its cross-border payment and receivables platform. The enhancements improve the payment-to-settlement time, increase security, and reduce costs for both payers and receivers by further automating and streamlining reconciliation of the growing number of international payments coming from different countries in different currencies.

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that it is partnering with Droit, the leader in real-time transactional compliance, to enable market participants to leverage Droit’s reporting eligibility capabilities within DTCC’s Pre-Reporting Transformation Services for supporte

NatWest has today announced the relaunch of its Business credit card aimed at start ups and smaller SMEs, with the bank now offering the card free of charge for the first year, to all new customers.

The lender has also reduced the ongoing annual fee on the NatWest Business card to £30 a year after the first year, which it will waive for customers that spend over £6,000 on the card annually. The cash withdrawal rate has been lowered and aligned with the purchase interest rate of 16.9% per year. 

Xena Exchange has today announced the launch of a free desktop terminal for its clients designed to meet the information demands of professional traders looking to navigate the cryptocurrency markets. The desktop terminal is aimed at both novice traders looking to learn, test paper trading, try new strategies and order types, as well as experienced professionals.

Greater Manchester Chamber of Commerce's latest Quarterly Economic Survey (QES) results for the first quarter of 2019 shows that the economy is feeling the impact of Brexit uncertainty. Business activity has dipped for the first time since a slow recovery from the aftermath of the EU referendum. However, the long-term prospects for Greater Manchester's businesses and economy remain positive.

Business confidence in Greater Manchester remains stable despite the political climate and the seemingly never-ending plot twists around Brexit

In today’s connected world, businesses are prime targets for cyber attacks and unintentional missteps can result in critical exposure of consumers’ sensitive personal information. According to the 2018 Norton LifeLock Cyber Safety Insights Report, released today, from Norton™ LifeLock™, a Symantec (NASDAQ: SYMC) company, based on an online survey conducted by The Harris Poll of over 1,000 adults, nearly three out of four Brits (74 percent) are more alarmed than ever about their privacy.

Elavon, a leading global payments provider and subsidiary of U.S. Bancorp has agreed a new partnership with leading financial services group, Societe Generale, for payments acceptance and acquiring services across Europe.

Societe Generale’s business clients will now have access to Elavon’s cross-border payment capabilities in the United Kingdom, Austria, Belgium, Germany, Italy, Netherlands, Spain and Switzerland. This will complement Societe Generale’s established payments infrastructure (face-to-face and e-commerce) in France.

Ahead of the payment protection insurance (PPI) complaints deadline on August 29th 2019, Corlytics, a global leading provider of regulatory risk intelligence, has revealed that the last kicks of PPI may still be to come for some banks.

An analysis of over 1.25 million complaints, carried out across seven firms with high street operations in the United Kingdom, shows that the deadline has sparked more approaches from consumers. Specific firms also appear to be more susceptible to financial penalties and restitution following this race to the PPI finish line.

Temenos (SIX: TEMN), the banking software company, today announced the winners of this year’s customer awards. The awards recognize Temenos clients for best practice, achievements and a demonstration of excellence, innovation and a vision for the future of banking.