New research exposes the difficulties businesses face accessing finance from mainstream lenders and how alternative solutions can plug the gap.

More than a quarter (26%) of business leaders surveyed have had difficulties accessing finance from main banks, over a third (38%) say that banks don’t understand their business needs and two in five (41%) think banks’ lending policies haven’t kept pace with modern business needs.

CyberloQ Technologies, Inc., a cyber-security technology company, is pleased to announce a strategic collaboration for its proprietary MFA technology with Pannovate’s Banking Orchestration Platform.

Temenos today announces the collaboration between Temenos Multifonds and PATRONAS Financial Systems, a leading provider of advanced software for the European investment industry.

A newly-published report by global consulting firm BCG and ADDX, the digital exchange for private markets, forecasts that asset tokenization will expand into a US$16.1 trillion business opportunity by 2030. This growth comes as the crypto winter is prompting capital to focus on more viable blockchain use cases.

Vyne, the specialist account-to-account payments platform, today announces that in a global first, leading automotive retailer Pendragon PLC will offer its account-to-account payment method as the first and preferred payment method both in-dealership and in the future online.

Fintech super-app Revolut is taking on PayPal with its own one-click payment checkout feature for online purchases.

UK and EEA merchants can now present ‘Revolut Pay’ as a payment method - alongside the likes of PayPal and Apple Pay - across product, cart, and checkout pages. Shopify, Prestashop, WH Smith and Funky Pigeon are already onboard.

PayPal today announced that John Kim will join the company as Executive Vice President (EVP), Chief Product Officer (CPO), effective September 26, 2022.

Aurora Payments, LLC is thrilled to announce the acquisition of One Payment, a Florida-based fintech payment company. Co-founded by Luis Requejo and Jorge Calzadilla, One Payment boasts over 6,000 merchants in its portfolio with particular emphasis on minority-owned small and medium-sized businesses.

Jordan-based Fintech liwwa closed an $18.5 million pre-Series B round of equity and debt. Founded in 2015, liwwa employs technology across its operations to provide tailored financial solutions. It also owns and operates the liwwa Investment Platform, a peer-to-peer platform that enables retail investors to finance liwwa loans and earn returns. 

Payments Council of India (PCI), the representative body of digital payment system participants in India welcomes the steps outlined to prevent operations of illegal loan apps, resulting from the meeting held on 8^th September 2022. During the meeting, the Finance Minister expressed the concerns arising out of illegal loan apps offering loans and microcredits to vulnerable/low-income groups and exploiting these groups through various illicit practices.