As consumers increasingly leverage digital channels for their banking needs, Finzly, a modern fintech provider of banking applications for foreign exchange, trade finance, payments and digital banking, announced the availability of its contactless consumer digital account opening solutions that empower community financial institutions to deliver convenient, modern banking experiences to account holders while eliminating manual processing and driving operational savings.

This year, the financial sector’s plans have been thrown off course by a global pandemic that sent a wave of disruption rippling through the business world. The resulting national lockdowns sparked a flurried uptake of remote working tools by businesses looking to maintain operations with employees working from home.

Bottomline’s virtual media roundtable, hosted by the company’s Ed Adshead-Grant last month, gave three financial experts the chance to discuss the findings of the Bottomline Business Payments Barometer 2020 and their implications across the UK payments landscape.

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Gavin Maclean, Head of Cash Management and Payment Product, Lloyds Banking Group:

Maitland, the leading global advisory and fund administrator, has announced it is enhancing its AML regulatory compliance capabilities to meet rising demand among Luxembourg fund managers.

Driving the need for outsourced compliance services in Luxembourg is the latest anti-money laundering (AML) guidance from the Commission de Surveillance du Secteur Financier (CSSF).

Eventus Systems, Inc., a multi-award winning global trade surveillance and risk management software platform provider, today announced the appointment of Joseph Schifano as Global Head of Regulatory Affairs, Mikhail Gasiorowski as Sales Director, North America, and Diane Imas as Director of Marketing. Schifano is an attorney with more than 20 years of experience in market surveillance matters, most recently as Deputy General C

Lloyds Banking Group (Lloyds) has today announced a strategic partnership with Form3, a cloud-native payments technology fintech, to accelerate its digital transformation and enhance the digital experience for customers.

Mode, the new breed digital banking app, has extended its partnership with payments provider Modulr to launch its first feature powered by ‘Open Banking’, as part of a long term commitment to deliver a truly digital banking app. The feature allows users to connect their external bank accounts to the Mode app, enabling them to make quick and easy top ups within the app.

Symphony, the leading provider of secure collaboration for global markets, today announced the appointment of financial industry pioneer Brad Levy, as President and Chief Commercial Officer.

According to a survey conducted by the P2P lending platform Robo.cash, more than a third of P2P investors expect the industry to recover by the end of this year. Investors see regular payments and a decrease in the number of loan defaults as two main signs of the market's recovery.

Today the British Business Bank has announced that it has approved Fiduciam for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS), and accredited BBVA under the Coronavirus Large Business Interruption Loan Scheme (CLBILS).

New CBILS lender Fiduciam will be able to provide financial support to smaller businesses across the UK that are losing revenue and seeing their cashflow disrupted, as a result of the Covid-19 outbreak.