Wolters Kluwer Compliance Solutions has added an important new feature to its widely used Paycheck Protection Program (PPP) Supported by TSoftPlus™ solution, which is designed to help U.S. banks, credit unions and other lenders support small businesses with payroll funding during the COVID-19 crisis.

Phos, the fintech that created the first-ever software PoS which allows merchants to accept payments directly on their phones, today announced that it has closed a fundraising round of €1.3M. The round was led by New Vision 3 and also saw new angel investment in the business. The new funding sees the total amount raised by the business increase to €2.5M, enabling phos to grow its development team to introduce new features like PIN on Phone, its Software Development Kit (SDK) and a new integrated loyalty system.

 State Street Corporation (NYSE:STT) today announced that it will offer its State Street PriceStats Series, a comprehensive suite of indicators to monitor trends in retailer pricing and consumer demand in 22 countries, to central banks around the world at no cost. The announcement comes following an influx of inquiries from central banks as they seek to mitigate the negative economic effects of the pandemic.

A truly innovative claims process puts customers first.

Technology is an important enabler for innovative claims but understanding how, when, why and where the customer wants human interaction and having the skills to deliver it is often the critical last mile.

Profile Software, an international financial solutions provider announced today, that Login’s Acumen^net Treasury Management platform already accommodates the orderly transition away from LIBOR that is about to affect Treasury departments by 2021.

Through continuous investments in designing innovative solutions, Profile and Login have been proactive to accommodate the upcoming change by enriching Acumen^net with the functionality necessary for both existing and future requirements.

Electronic Money Institutions (EMIs) have a window of opportunity to show banks what they’re really made of. Stefano Paoletti, VP Sales, discusses why they should capitalise on it while they still can. 

EMIs make their living by throwing out the rulebook, moving fast and thinking freely. Innovative services based on eWallets and prepaid cards are commonplace and support a wide variety of use-cases, from state pension and benefit payments, to payroll, gift cards, loyalty, gaming, FX transfers, personal finance management solutions and more. 

Ebury, one of Europe’s largest FinTech companies, is launching an initiative to offer financing to SME’s in the UK and Europe. An initial £40m lending facility to help UK SMEs manage their working capital during the Coronavirus crisis is available now and Ebury aims to expand this program into the hundreds of millions in collaboration with Governments in the UK and Europe.

The fight against COVID-19 is at a crucial tipping point, so the United Nations Development Programme (UNDP) and Hackster.io, an Avnet company and the largest online open-source technology hardware community, are taking action. The two organizations have partnered to launch the COVID-19 Detect and Protect Challenge to create open-source technology that developing countries can leverage in the fight against this global pandemic.

Pegasystems Inc. (NASDAQ: PEGA), the software company empowering digital transformation at the world’s leading enterprises, today announced the launch of a Crisis Small Business Lending reference application which helps financial institutions manage the thousands of emergency loan applications pouring