Newcastle Intermediaries has removed the minimum income criteria on its Buy to Let (BTL) mortgage products in an effort to broaden its appeal with landlords who have lower or non-traditional incomes.

From 4^th May borrowers no longer need to meet the £25k pa (£30k joint) minimum income requirement on Newcastle Intermediaries’ BTL mortgage products, with affordability instead being assessed on the Interest Coverage Ratio (ICR).

The partnership aims to tackle surging fraud and money laundering risks for lawyers

Thirdfort, the risk management platform for professional services, has partnered with legal practice and case management platform Good Law Software (GLS) to help lawyers meet growing fraud and money laundering risks. 

Procurement teams within businesses of all sizes are under pressure to drive, and then demonstrate measurable value and savings. Many are choosing to automate and optimise part of or all their finance and procurement operations as part of that process. However, like any other investment, procurement pros need to justify the investment to their CFO or finance team for such an initiative.

GBP Plunges, UK Growth Outlook Worsens; EUR, AUD/EMFX Slump

The global artificial intelligence (AI) market is predicted to reach $267 billion by 2027. But concerns have been raised about whether these advancements could replace humans in jobs as technology is being used to simulate human intelligence processes.

HCL Technologies UK Limited, a wholly owned subsidiary of HCL Technologies (HCL), a leading global technology company, has signed a definitive agreement for the acquisition of Confinale AG, a Switzerland-based digital banking and wealth management consulting specialist and Avaloq Premium Implementation Partner. Through this strategic acquisition, HCL will increase its footprint in the global wealth management market with emphasis on Avaloq consulting, implementation and management capabilities.

Financial technology provider, Iress, today announced continued success with its client Kepler Cheuvreux, as it helped the leading independent European financial services company to further optimise trading outcomes. 

Kepler Cheuvreux ranks 10th in the world for trading, is present in 13 major financial centres in Europe and the US and serves 1200 institutional clients around the world. Today, Iress is Kepler Cheuvreux’s unique market data provider for all front-office applications.

Red Hat, Inc., the world's leading provider of open source solutions, today announced that electrical training ALLIANCE (ETA) has overhauled its IT infrastructure for the cloud with Red Hat OpenShift API Management, resulting in an upgraded training experience for electricians.

AQRU plc, an incubator specialising in decentralised finance (DeFi),  announces today that its wholly owned subsidiary, Accru Finance Ltd., has surpassed US$50 million in  assets under management and 20,000 user signups on its proprietary yield-generating platform,  AQRU.io. The milestone was achieved only five months since the platform’s launch and 39 days after  the company announced that it reached around US$20 million (£16.5 million) in assets under  management.