Broadridge Financial Solutions, Inc, a global fintech leader, today announced that UBS has joined its transformative distributed ledger repo (DLR) platform.

Leading global AI-powered credit decision platform provider, Scienaptic AI announced that InRoads Credit Union has chosen to implement the company’s AI-powered platform to enhance its credit decisioning and underwriting capabilities for new and prospective members.

Validus platform gains further traction in fixed income

Eventus Systems, Inc., a leading global provider of multi-asset class trade surveillance and market risk solutions, announced today that LedgerEdge, the new global corporate bond trading platform built on distributed ledger technology (DLT), has selected Validus as the real-time trade surveillance platform for all of its markets upon their launch.

The increasing number of organizations accepting cryptocurrency and the growing interest in blockchain technology continue driving the entire sector's impressive growth. However, recent years have also witnessed a surge in the number of venture capitalists pouring money into blockchain companies.

Atom bank, the Durham based Fintech, has made significant progress in the first quarter of its 2022 financial year passing several important income milestones. The Q1 results vindicate Atom’s business model and support a strong trajectory towards sustainable profitability.

During the 3 months April to June 2021, Atom reached £3bn of mortgage completions, passed £1bn of deposits into its Instant Saver product, grew total customer deposits 16% to £2.5bn and delivered its first month of operating profit.

• Kroll Business Connect allows compliance professionals to keep track of compliance requirements in a single, cloud-based platform 
• Managers can assign automatic task reminders and notifications to ensure efficient task ownership 
• The service is compatible with all compliance software or CRM systems 

• Significant number of UK adults frequently missing out on best deals on their bills, by not comparing energy tariffs (18%), credit card deals (27%) or broadband offers (18%), as Yolt’s own proprietary user data¹ demonstrates a significant rise in household spending
• One in five people (22%) are also ignoring bank statements, missing opportunities to reduce spending

Coinbase Custody has been selected by Deutsche Telekom as its trusted custodian for its CELO tokens – the native cryptocurrency of the Celo blockchain network.

As the first telecommunications company in the world, Deutsche Telekom joins Celo to participate in the decentralized financial economy. Deutsche Telekom collaborates with Coinbase to stake its tokens to subsidiary T-Systems MMS.

• Nearly one in 10 (9%) have defaulted on Covid loans before starting repayments

Two thirds (66%) of SME leaders who received financial support from the Government’s Covid loan schemes say it’s likely their business will default on the loan, according to new research1 from Nucleus Commercial Finance. This equates to 2.3 million SMEs who anticipate never repaying their loan.2