The British Business Bank today announced a Call for Proposals as part of the launch of the government’s Long-term Investment for Technology and Science (LIFTS) initiative. It seeks proposals from industry for the establishment of new funds or investment structures to crowd in UK institutional investment, particularly Defined Contribution (DC) pension schemes, to support the growth and ambitions of the UK’s most innovative science and technology companies.

Today, the Reserve Bank in collaboration with the Digital Finance Cooperative Research Centre (DFCRC) demonstrated the selected organisations exploring potential use cases and economic benefits of a central bank digital currency (CBDC) in Australia with a live demonstration.

Saxo Bank announces a significant milestone as it surpasses USD 100 billion in client assets. This remarkable achievement underscores Saxo Bank's growth in the number of both clients and deposits, and solidifies its position as a leading financial provider amidst a challenging macro-economic environment.

NatWest has announced that, from today, it aims to provide an additional £1billion in lending to the UK Manufacturing sector by the end of 2030, aiming to stimulate growth in the sector and help manufacturers invest in cleaner, more efficient forms of energy generation and use, with lending deployed through loans, asset finance, and overdrafts.

1. AutoRek has expanded into new sectors in recent years. Which sectors within financial services stand to benefit the most from automation?

The world of cryptocurrency is rapidly evolving, and the need for reliable, secure, and compliant solutions for managing digital assets has become more important than ever. Ledgible and Finoa have joined forces to create an API integration that will allow institutional investors to seamlessly access and manage their crypto assets, further expanding the reach and capabilities of both platforms.

2022 introduced many challenges to the retail industry, whether that was labour shortages or supply chain issues created by geopolitical turmoil. This year, those challenges will persist, mainly driven by the economic downturn across Europe. Inflation is at its highest in nearly 40 years, which will result in reduced consumer spending across the board. This is especially the case for discretionary spending, significantly impacting sectors like fashion. 

Polymesh, the leader in public-permissioned blockchain, announced today its integration into the ecosystem of NayaOne, a leading digital transformation platform for the financial services industry. This integration provides exciting opportunities for financial institutions to effectively and efficiently leverage the benefits of blockchain technology and build innovative products tailored to their unique needs. 

NYMBUS®, a premier provider of cutting-edge financial technology solutions, is proud to announce the completion of its Series D funding round of $70 million, made up of new and repeat investors.

Multi-asset broker Vantage (or "Vantage Markets") has unveiled