Only 14% of UK Finance departments report a primary focus on cash flow during the COVID-19 pandemic -

New research has shown that just 14% of UK Finance decision-makers focused on cash flow during the most recent Covid-19 lockdown. 

The majority of businesses focussed on cost-cutting exercises and the use of Government support. For example, 41% confirmed they had furloughed accounts payable staff over the past 12 months.

GBT Technologies Inc.

• Fundraise: Rocket Academy raises $1.1m in pre-seed funding from consortium of business angels 
• Demand: Over the past 3 months, demand for their Coding Basics course has increased 10x 
• Growth: Rocket Academy is actively hiring to double its headcount by end 2021 to address global talent shortage of developers, expected to reach 85.2m in 2030 
• Impact: 100% of students who graduate from Rocket Academy bootcamp course secure jobs 

  One-stop-shop platform empowering retailers to modernize trade and accelerate digital adoption

•  Aims to offer host of tech-enabled trade offerings to drive mass acceptance

•  To offer an all-inclusive digital payment hub that ensures easy acceptance across different form factors, simplified for both retailers and customers

•  A store management tool to offer one-click process to take stores online, digital ledger for better credit management and unified platform offering wholesale procurement options

Proficient European P2P investors choose liquidity on the secondary market

According to the investment platform Robo.cash, 62% of European P2P investors support the opportunity of buying loans on the secondary market. The growing demand for this option is primarily driven by experienced customers with sufficient funding. 

 Fime’s PersevalPro Issuer tool has received an additional approval from Groupement des Cartes Bancaires CB. The tool can now be used to test the personalization of payment cards in line with CB’s new CPACE (CPA Contactless Extensions) card personalization specification.

The joint venture will combine their technological expertise leveraging data to bring digital transformation and reshape financial inclusion in Bharat

The Board of Banking Competition Remedies Ltd (BCR) today publishes progress updates for Pool A, B, C and D recipients, providing a summary of performance against their public commitments to the period 30^th June 2021.

The updates of those awarded, their original commitments made and key achievements to date can be found here.