Corinium and FICO report signals increased demand for Artificial Intelligence in the age of COVID-19

Today, FICO, a global analytics software firm, released  a new report from the market intelligence firm Corinium that found the demand for artificial intelligence (AI), data, and digital tools is soaring as the COVID-19 pandemic continues to put a strain on many enterprises.   Read more »

UK business calls for tech investment as Sage report reveals 1.4m SME jobs at risk

Sage, the market leader in cloud business management solutions, today launches new research revealing 62% of small and medium sized enterprises (SMEs) have made or are planning to make redundancies following the Covid-19 pandemic. This equates to 1.4m[1] jobs at risk if the Government fails to take decisive action now. Read more »

41% of European consumers unable to access financial services during lockdown

Research from Signicat, the Trusted Digital Identity™ company, has revealed that 41% of consumers across Europe have been unable to access new financial services thanks to a combination of pandemic lockdown restrictions and lack of access to digital options. The research of over 4000 consumers also discovered that two-thirds expect improvements following these poor experiences. One of these improvements should be 100% digital onboarding of... more Read more »

Al Ain Finance selects Temenos SaaS to remotely deploy corporate banking solution during Covid-19

Temenos (SIX: TEMN), the banking software company today announced that Al Ain Finance will rapidly deploy Temenos Infinity and Temenos Transact on Temenos SaaS to replace its legacy in-house system and achieve end-to-end digital transformation. The front-to-back SaaS digital banking offering will provide the broadest out-of-the-box functionality for Al Ain Finance to deliver differentiated digital experiences to Small and Medium-sized... more Read more »

New lenders accredited to British Business Bank Coronavirus Business Loan Schemes

Today the British Business Bank has announced that it has approved Funding Circle for accreditation to the Bounce Back Loan Scheme (BBLS), and Maven Capital Partners and Satago for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS). Funding Circle will join the other 23 BBLS lenders who have been accredited since the scheme opened. Read more »

Financial services firms accelerating technology transformation to navigate the pandemic, new Broadridge study finds

More than half of financial services companies plan to accelerate implementation of their next generation technology strategies, according to a new global survey of 500 financial services C-Suite executives and their direct reports released today by Broadridge Financial Solutions, Inc. (NYSE:BR), a global fintech leader. Read more »

COVID-19 prompts interest and innovation in cardless ATM withdrawals

The number of ATMs offering cardless cash withdrawals is increasing as deployers around the world continue to embrace contactless technologies and adopt new solutions USA sees the largest increase inavailability of cardless cash withdrawals RBR’s new report, Global ATM Market and Forecasts to 2025, reveals that the number of ATMs providing cardless withdrawals rose by 26% in 2019. Read more »

IAMAI to host world’s largest virtual Global Fintech Fest

Internet and Mobile Association of India [IAMAI], and its sister organisations, Payments Council of India, [PCI] and Fintech Convergence Council [FCC] are jointly organising the two-day virtual Global FinTech Festival on 22-23 July 2020. The Department of Economic Affairs (DEA), Ministry of Finance, Government of India is the presenting partner of the event. The event is also supported by the World Bank and the United Nations Capital Development... more Read more »

Comviva introduces innovative Mobile Recharge App for Telecom Operators to increase their distribution network during COVID-19 Pandemic

Comviva, the global leader in providing mobility and digital solutions, has launched the PreTUPS™ Direct Selling Agent application. This mobile application enables subscribers to recharge the prepaid mobile connections of other subscribers and earn incentives or cashbacks. Read more »

New lenders accredited to British Business Bank Coronavirus Business Loan Schemes

Today the British Business Bank has announced that it has approved six new lenders for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS), three new lenders for accreditation under the Coronavirus Large Business Interruption Loan Scheme (CLBILS) and two new lenders for accreditation to the Bounce Back Loan Scheme (BBLS). Read more »

Future Fund Extended to UK companies from accelerator programmes outside the UK

The Chancellor of the Exchequer announced that the Future Fund is being expanded to accommodate businesses that contribute significantly to the UK economy, but do not have their parent company based in the UK because they participated in a non-UK based accelerator programme. Read more »

Leave Nobody in the Dark

Good Things Foundation, The Joseph Rowntree Foundation, The APLE Collective, Clean Slate Training & Employment CIC and Mastercard have formed a coalition of partners to offer immediate support to digitally and financially excluded people in the UK, with a focus on those in poverty hit hardest by the impact of COVID-19. Digital inequality has for some time risked exacerbating poverty and reducing financial wellbeing. However, the need to... more Read more »

UK Public Cite Greater Concern over the Future of the National Health Service (NHS) and the UK Economy than Their Own Health or Online Threats, According to Unisys Security Index™

Brits are more concerned about COVID-19’s impact on the NHS and the UK economy (61%) than their own personal health (41%); British consumers are less worried about online threats, with concerns about hacking and using online services falling drastically compared to 2019, while the majority are working from home Read more »

New Mastercard coalition tackles digital and financial exclusion

Mastercard has formed a coalition with The Joseph Rowntree Foundation, Good Things Foundation, The APLE Collective, Clean Slate Training & Employment CIC to tackle digital and financial exclusion in the UK, with emergency support focussing on those hit hardest by the economic impacts of COVID-19. Read more »

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