Cynergy Bank reached a significant milestone in February, lending over £130m to SMEs through the British Business Bank’s Coronavirus Business Interruption Loan Scheme (CBILS),  with further facilities being submitted for approval, Cynergy Bank is expecting to further increase its lending to SMEs under the scheme.

Delivered through British Business Bank accredited lenders, CBILS is designed to support the continued provision of finance to UK smaller businesses (SMEs) during the Covid-19 outbreak.

As part of its 2021 Cyber Protection Week activities, Acronis, a global leader in cyber protection, today unveiled a new, no-cost version of Acronis Cyber Protect Cloud, its award-winning service provider solution.

The payments industry is revolutionising at an exponential rate. And the truth is, there has never been a greater need for it. Supercharged by the pandemic, consumer spending fuelled with a surge in e-commerce reaching an estimated $794.50 billion in 2020.

IOWArocks, the global marketplace for data, tech, and services, warmly welcomes BondCliQ to its constantly expanding IOWAdata global marketplace. BondCliQ will offer its US corporate bond pre- and post-trade data sets via IOWArocks, leveraging IOWAtech to widen its reach across the industry.

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A Cash Against Documents transaction orchestrated by Saudi-based ITFC was successfully completed between SOFITEX and Louis Dreyfus Company (LDC), using an electronic bill of lading issued by the CMA CGM Group, a world leader in shipping and logistics, through Bolero’s digital trade finance platform for the first time.

The transaction concerned a cotton shipment originating from Burkina Faso, shipped by CMA CGM Group from the Port of Lomé in Togo.

Fingerprint Cards AB (Fingerprints™) and Fime have collaborated to achieve compliance with Mastercard’s Reference Specifications for Fingerprints’ latest T-Shape® sensor module and software platform for biometric payment cards. Proactively securing this approval brings widespread deployments even closer as it simplifies the approval process for card manufacturers. Card manufacturers of all sizes can now benefit from saving time and money when launching and scaling biometric card projects.

HPD Lendscape, a leading international secured lending platform vendor, has appointed Geoff Snowden as its new Chief Financial Officer to oversee strategic expansion projects to drive its ambitious growth strategy. Geoff brings a wealth of experience to the company and has more than 15 years’ experience in the media, tech, data and professional services sectors.

In a world first, Valour, the issuer of investment products focused on innovative technologies, has announced the launch of Ethereum Zero (ETH ZERO SEK - CH1104954362), an Ethereum (ETH) exchange-traded product (ETP) that comes with zero management fees.