Company behind pumped storage hydro schemes calls for Scottish firms to benefit from national renewable projects.

Hamilton based ILI Group have called for a level playing field for Scottish firms on renewable energy projects in Scotland

Last month saw troubled Scottish fabrication firm BiFab effectively ‘locked out’ of the biding process for a £200 million offshore wind farm in Moray, unable to compete with foreign state-backed competitors from Spain, UAE and Belgium. The Scottish Government took a £25 million equity stake last year in Bifab as part of a rescue agreement.

Axyon AI, the AI provider for financial services, has announced the appointment of Frank Abbenhuis as its Chief Commercial Officer.

Frank’s appointment builds upon Axyon AI’s recent growth, with the business expanding from its headquarters in the Modena, Italy, to London. Frank will oversee the development of this international development, liaising with clients to help address the problems that Axyon AI’s products can solve, from anticipating the market impact of economic events to suggesting future syndicated loans firms might be interested in.

National Bank of Bahrain (NBB) has today taken a lead role in evolving the banking industry in the region, by adopting technologies that enable it to deliver new open banking services to its customers.

Aconite Technology Ltd is proud to announce that Discovery Bank, a new digital-only challenger bank launched by Discovery Central Services Limited, the leading South African insurance and financial services provider, has started issuing and processing EMV®* debit and credit cards using Aconite Technology’s EMV solution suite. This initiative is part of Discovery’s expansion from a predominantly insurance-based business to a fully-fledged banking provider regulated by South Africa’s Reserve Bank.

Research by fraud investigation technology provider HooYu has identified loopholes at Companies House that enables individuals to register as a director, to run businesses and to enable fraud and money laundering, even after they have been struck-off from holding company directorships.

Will Bailey has been appointed as Chief Strategy Officer at global FinTech firm InvestCloud, with a focus on product expansion.

The newly-created role will see Bailey head up development on emerging product initiatives. This includes leading a strategic product team to apply the latest technology – from augmented intelligence to machine learning – across functions such as financial planning, client relationship management, and financial literacy. Bailey will also take on the role of a client advisor, providing strategic support to InvestCloud clients.

HPD LendScape, (“HPD”) a leading Asset Based Finance (“ABF”) software platform, has opened its first Asian office in Singapore. To mark this event, HPD in collaboration with FCI, is holding the first Receivables Finance Workshop in Singapore with over thirty regional and global banks and factoring companies. The opening of the office reflects HPD’s increasing presence in APAC and the growing popularity of Asset Based Finance (“ABF”) in the region.

Debut, a graduate recruitment platform, today releases the findings of its ‘Working with class: The state of social immobility in graduate recruitment’ report.

Cross-border payment specialists, PPRO, has announced, Robert Schwegler as the new Chief Technology Officer (CTO), as of 1^st May, to further strengthen the PPRO Management Team. Robert takes over from Andrew Weir, who has served as interim CTO since 1^st September 2018, and will focus on all aspects of the company’s technical development. His aim will be to drive the transformation of the company’s structures, software and processes from the European to the global level.

Two major trends stand out in today’s payments acceptance ecosystem: globalization and digitalization. We’re all transacting, operating and trading on an increasingly global stage, while new payment types and form factors are delivering better, more seamless services to consumers. For payments stakeholders however, navigating budgetary restraints and technical and compliance challenges is making innovation complex.