New lenders accredited to British Business Bank Coronavirus Large Business Interruption Loan Scheme
Today the British Business Bank has announced that it has approved Allied Irish Bank (GB)/AIB (NI) [1], Investec Bank plc and Mercedes-Benz Financial Services UK Limited for accreditation under the Coronavirus Large Business Interruption Loan Scheme (CLBILS).
Prioritising technology & engagement will lead to quickest economic recovery, says IRIS Software Group
- 4 years 6 months ago
- Covid-19
In positive signs for the economy’s recovery, research from IRIS Software Group (IRIS), one of the UK’s largest software companies, has found businesses that prioritised harnessing technology to move to cash free trading and support flexible working while increasing customer communications during lockdown predict a return to pre-pandemic trading levels in just six months.
New report identifies the factors which will determine SMEs’ chances of a successful COVID recovery
- 4 years 6 months ago
- Covid-19
Business bank, Allica Bank has combined data and insight from over 1,000 UK SMEs with a multiple regression analysis to determine what factors most closely aligned with an SMEs’ chances of success and separated the highest-performing businesses from their peers. These ‘rules for success’ have been compiled from the research data to support British businesses as they look to chart a course to post-Covid recovery.
Yolt enters beta for substantial app update in reaction to changing consumer priorities
Yolt, the award-winning smart money app, has today announced that it is heading into a beta period, testing a new evolution of its app focused on smart spending and savings growth, in recognition of the shift in financial priorities brought on by the Covid-19 pandemic.
Forex trading increased by 300% during COVID-19
- 4 years 6 months ago
- Covid-19, Foreign Exchange
With 50% month-to-month growth in trading volumes, FX is on a roll - but what will happen when we’re back to normal? The coronavirus pandemic threw the world into a tailspin. More than six months after COVID-19 came into our lives, the international community is still dealing with substantial uncertainty. Hundreds of millions have lost their income, and the future remains undecided for people and businesses around the world.
Leading PPC expert Claire Jarrett urges SMEs to take back control of their Google Ads
- 4 years 6 months ago
- Covid-19, Management
Britain’s small businesses are being urged to cash in on Google’s free ad voucher scheme and take charge of their own campaigns rather than entrusting the health of their business to an external agency by one of the industry’s leading PPC experts.
iwoca calls for partnerships with big banks to ease backlog of CBILS applications
iwoca will be reaching out to the CEOs of the UK’s largest banks urging them to work with the FinTech lender to ensure small businesses are accessing finance as quickly as possible through the Coronavirus Business Interruption Loan Scheme (CBILS). The call for greater collaboration comes as iwoca announces a new fundraising round of £100 million which will be used to scale its CBILS offering and fund new customers through the scheme for the... more
Inaugural Publicis Sapient report finds at-home experiences will remain the new normal post-COVID
Despite global lockdowns lifting, COVID-19 has increased the pace of digital transformation exponentially, and consumers have shown a substantial step-change in a more permanent adoption of technology into their everyday lives.
World renowned speakers confirmed for Virtual FinTech Fair
- 4 years 6 months ago
- Covid-19
The Virtual FinTech Fair, co-hosted by FinStep Asia and Novsphere Media, has confirmed that over 50 world renowned speakers will debate and discuss the future of the financial industry on 4-5th August 2020. The event will also be Asia’s first fully virtual conference, with interactive booths, networking, and panel sessions.
BNP Paribas Personal Finance collaborates with Experian and Aryza to help customers through the Covid-19 pandemic
- 4 years 6 months ago
- Covid-19, Open Banking, Personal Finance
BNP Paribas Personal Finance will use Experian’s Open Banking technology and Aryza’s Debtsense digital platform to provide round-the-clock online account reviews to customers who have been affected by the Covid-19 pandemic.
Global payments Paysend outmatching World Bank Covid forecasts
- 4 years 6 months ago
- Covid-19, Money Transfers
UK-based global FinTech firm Paysend today released figures showing the extensive growth of its Global Transfers service experienced during the coronavirus pandemic, countering the World Bank predictions in April that global money transfers would decrease by 20%.
P20 publishes its latest report, Payments in a Post-COVID-19 World
P20, the voice of the global payments industry, announces the publication of its latest report, Payments in a Post-COVID-19 World. P20 Board Members featured in the report include Steve Ledford, SVP Product and Strategy at The Clearing House; Sara Castelhano, Managing Director and EMEA Head of Payments and Digital Product at J.P. Morgan; Jim Johnson, EVP and Head of Merchant Solutions for FIS; and Philip McHugh, CEO of Paysafe.
Survey of IT decision makers exposes the increased pressures IT organisations face amidst COVID-19
- 4 years 6 months ago
- Covid-19
Nebulon, Inc.®, the pioneer of Cloud-Defined Storage, released today the results of an independent survey completed by IT decision makers at 500 companies in the IT, financial services, manufacturing, retail, distribution and transport industries across the UK, US, Germany and France. Conducted in June of this year, the survey exposes the biggest challenges enterprises face in transforming their on-premises application storage environments,... more
COVID-19 accelerates shift in expectations for investment advice, finds DIAMAN survey
- 4 years 6 months ago
- Covid-19, Investment Management, Wealth Management
Investor perceptions towards investment advice have changed as a result of COVID-19 induced volatility, according to key findings from DIAMAN Partners Ltd. (DIAMAN), the leading investment management fintech, published today. As the UK cautiously returns to aspects of normal life, people’s views on investment advice have altered and are unlikely to return to pre-lockdown attitudes.
Equifax joins Emergent Alliance to support UK response to COVID-19
Equifax UK has joined Emergent Alliance, a not for profit group of organisations specialising in data, analytics and technology, working together to help the UK’s recovery from COVID-19.
