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Esme Loans to begin offering loans to sole traders

Digital lending platform Esme Loans, has today announced that it will now offer its loans to UK businesses operating as sole traders. Under its extended proposition, sole traders will be able to obtain loans from £25,500 - £150,000, for up to five years.

Thursday, March 28, 2019 - 07:44
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/news/p2p-lending/esme-loans-begin-offering-loans-sole-traders
Financial IT
Why Graph Database Could Be Key to Addressing Financial Services Challenges

In the database management world, graph database is huge right now. Industry and vendor-neutral site DB Engines has shown that, since 2014, the graph data model has far outpaced every other data model in terms of growth, while IT analyst company Gartner recently identified graphs as one of itsTop 10 Data and Analytics Technology Trends for 2019

Thursday, March 28, 2019 - 07:41
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Financial IT
Klarna launches Open Banking Platform

Today, Klarna, one of Europe’s leading payment providers and the global market leader in payment initiation services, announces the launch of its own Open Banking Platform. This platform will enable access to more than 4,300 European banks through a single Access to Account (XS2A) API in line with Payment Services Directive (PSD2). Klarna’s XS2A API is the most established and proven solution that has been developed at scale across markets for almost 15 years through the Klarna Group company Sofort.

Thursday, March 28, 2019 - 07:37
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/news/payments/klarna-launches-open-banking-platform
Financial IT
encompass corporation comments on Denmark’s financial watchdog developments

The increased resources and power being given to Denmark’s financial watchdog represents an important step in the attempts to tackle financial crime following a number of recent high-profile money laundering cases.

What these cases have shown is that there is a critical need for Anti-Money Laundering (AML) enforcement to be central to banking institutions’ operations, and a top priority going forward, if we are to really take strides towards stamping out the problem at a high level.

Thursday, March 28, 2019 - 07:25
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/blog/encompass-corporation-comments-denmarks-financial-watchdog-developments
Financial IT
Thasos’ Flagship Real-Time Foot Traffic Product “ConsumerStreams” Now Available on the Open:FactSet™ Marketplace

Thasos, an alternative data intelligence firm that transforms location information from mobile phones worldwide into real-time, objective and actionable insights, today announced an agreement with FactSet, a global provider of integrated financial information, analytical applications and industry leading services, to offer geolocation data on 

Thursday, March 28, 2019 - 07:21
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/news/data/thasos-flagship-real-time-foot-traffic-product-consumerstreams-now-available-openfactsettm
Financial IT
Kyriba Announces Planned $160M Growth Round Led by Bridgepoint

Kyriba, the global leader in cloud treasury and finance solutions, today announced that it is in advanced talks with Bridgepoint, an international private equity group focused on investing in market-le

Thursday, March 28, 2019 - 07:13
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/news/cloud/kyriba-announces-planned-160m-growth-round-led-bridgepoint
Financial IT
Immotion releases World first “Swimming with Humpback Whales” VR experience

Immotion Group, the UK-based immersive virtual reality ("VR") 'Out of Home' entertainment business, is pleased to announce the release of its new live-action VR experience, Swimming with Humpbacks.  This world-first experience provides a rare glimpse and insight into one of the most mysterious creatures on the planet, the giant Humpback whale.  The breath-taking short film is exclusively available on Immotion’s VR Cinematic motion pods at the Company’s ImmotionVR stores across the UK.

Thursday, March 28, 2019 - 07:09
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/news/infrastructure/immotion-releases-world-first-swimming-humpback-whales-vr-experience
Financial IT
Twelve Regional Banks Invest in KY3P to Advance Best Practices for Managing Third-Party Risk

A group of 12 leading regional and digital financial institutions have joined together as investors and members in KY3P®, a company dedicated to working with the financial industry to standardize best practices for managing third-party risk and optimizing the processes by which financial institutions assess and monitor inherent risk in engaging suppliers and entering into third-party relationships. 

Wednesday, March 27, 2019 - 16:40
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/news/risk-management/twelve-regional-banks-invest-ky3p-advance-best-practices-managing-third-party
Financial IT
UK CFOs missing out on £6.7 billion each year by not taking advantage of early payment discounts

New research from Barclaycard reveals that a Chief Financial Officer’s (CFO’s) leadership style and willingness to invest in their financial and accounting software has a tangible impact on their business’ bottom line.

Faced with tighter margins and increased pressure to meet KPIs, businesses are turning to their accounts payable platforms to help them achieve their goals, with four in ten businesses (40 per cent) looking to upgrade their financial and accounting systems in the next 1-2 years. 

Wednesday, March 27, 2019 - 12:13
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/news/payments/uk-cfos-missing-out-ps67-billion-each-year-not-taking-advantage-early-payment
Financial IT
Pelican expands pan-European Open Banking API interoperability

Pelican (pelican.ai), a global provider of AI-powered payments and financial crime compliance solutions for banks and corporates, today announced the further extension of its API Interoperability solution, with expanded support for the six popular Open Banking API standards, now including the UK’s OBWG, France's STET and the Berlin Group, together with the Czech ČSOB, and the Polish and Slovakian APIs.

Wednesday, March 27, 2019 - 12:11
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/news/artificial-intelligence/pelican-expands-pan-european-open-banking-api-interoperability
Financial IT

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