External Finance now Used by Four in ten Businesses Across the UK, but a Lack of Local Investors Leads to Wasted Economic Potential
- 08.10.2021 10:45 am
London, the South East, the North West and the East of England account for 86% of equity deals despite hosting just 55% of businesses · Distance matters – in 82% of equity investment stakes between 2011 and 2020, the investor and company are within two hours of each other; 61% are within one hour of each other · Rural business owners more likely to inject personal funds into their business than urban entrepreneurs because of a... more
- 07.10.2021 06:45 pm
The IRS can avoid the risk of misuse and loss of private data by using analytics software. FlowTracker Analytics today announced an alternative to reporting banking transactions to the IRS that cuts down privacy risks while providing more relevant information to support the Treasury's tax compliance goals - money flow analysis.
- 07.10.2021 04:20 pm
Digitisation of S$50-million bond allocation uses blockchain and smart contract technology to achieve faster processing and lower cost in the custody and administration of the bond UOB and digital securities exchange ADDX have concluded the digitisation and digital custody of the inaugural sustainability-linked bond recently launched by Sembcorp Industries (Sembcorp). This initiative comes amid a rise in the use of digital securities to enhance... more
- 07.10.2021 04:10 pm
Banks make their money using “hidden” charges, say many of those surveyed Concern over the safety of savings is widespread, with many now limiting what they put into traditional banks Some - particularly young people - are so concerned they prefer to keep cash at home People feel banks do not put customers first, and many are now seeking alternative ways to save and spend
External Finance Now Used by Four in ten Businesses Across the UK, but a Lack of Local Investors Leads to Wasted Economic Potential
- 07.10.2021 02:30 pm
· London, the South East, the North West and the East of England account for 86% of equity deals despite hosting just 55% of businesses · Distance matters – in 82% of equity investment stakes between 2011 and 2020, the investor and company are within two hours of each other; 61% are within one hour of each other · Rural business owners more likely to inject personal funds into their business than urban entrepreneurs because of... more
Bloomberg announced today that the Council of Europe Development Bank (CEB) has adopted its Multi-Asset Risk System, MARS Front Office, a robust and streamlined risk management system that enables the bank to assess the impact of trading activity on the risk profile of its books.
Italy’s Banca Progetto Selects Wolters Kluwer to Provide Integrated Risk and Finance Software Solution
Banca Progetto, a fast-growing Italian digital and consumer credit bank, also operating in the credit market for small and medium-sized enterprises, has selected an integrated software solution from Wolters Kluwer to manage its risk and finance obligations. The bank will specifically use software modules from the company’s Governance, Risk & Compliance (GRC) division, as well as the CCH® Tagetik Corporate Performance Management (CPM)... more
- 06.10.2021 03:45 pm
The first-ever Accounting & Finance Show Malaysia 2021 is launching on 12 October, bringing together those driving technological change in finance and accounting across Malaysia and beyond. Aimed at providing the best insights to enhance the ability and speed at which businesses adopt digital tools and technologies within the accounting and finance function, the one-day virtual event will feature 30+ local and international industry leaders... more
Raiffeisen Digital Bank, brand of Raiffeisen Centrobank AG, launches a new app in six months with Mambu
Raiffeisen Digital Bank, a brand of Raiffeisen Centrobank AG, has announced that their new personal lending mobile app has gone live on Mambu.
Digital technology highlighted as key to meeting new decarbonization targets as Atos launches new Digital Vision: Digital Banking report Banks are rapidly accelerating their shift to digital channels as they seek to reinvent their business models in response to the COVID-19 pandemic, a new paper from Atos reveals.
Crédito Agrícola Group Partners with Meniga to Become First Portuguese Bank to Enable Customers to Track Their Carbon Footprint
Meniga (www.meniga.com), the global leader in personal finance banking solutions, has today announced that is has partnered with Portuguese national financial group, Crédito Agrícola Group, to launch its market-leading green banking solution, ‘Carbon Insight’ in Portugal.
- 06.10.2021 10:30 am
Aldermore Bank and Cashplus Bank have today announced an exclusive partnership which delivers an easy to manage business savings solution for time-poor SMEs with returns 50 times that of those offered by the largest high street banks1. Cashplus selected Aldermore as the best partner for their 150,000 business customers for the highly competitive proposition they offer, great rates, fast onboarding process and ease of managing business savings 24... more
Deutsch English - United Kingdom Español Français Italiano Português 日本語 简体中文 Thank you for participating in the Global Covid-19 FinTech Market Impact and Industry Resilience Survey, collected by the Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School, and undertaken in partnership with the World Bank Group and World Economic Forum.
Enhanced digital savings and mortgage serviceability, streamlined account opening and enhanced anti-fraud protection will be delivered as part of ongoing digital overhaul by Darlington Building Society. The ieDigital Interact platform was selected to power the transformation. Darlington Building Society recently reported a profit before tax of £1.8m during the first half of 2021 - more than double the profit for the whole of 2020.