SME alternative finance now worth £76 billion a year
- 8 years 8 months ago
- FinTech StartUps
UK SMEs are now using £76 billion of alternative finance*, up 43% from £53 billion a year ago as banks continue to pull back from lending to smaller businesses, says Funding Options, the online business finance supermarket. Funding Options says that alternative lending to SMEs is now equivalent to 46% of the value of traditional term loans and overdrafts, which have fallen to £163 billion**. That represents a fall of 5% from £172 billion a year... more
Factoring: A Powerful Tool in the World of Finance
- 8 years 8 months ago
- FinTech StartUps
Notion Press is extremely proud to present authors Partho Chakraborty and Arvind Sonmale who are creating waves in the finance sector with their book - Factoring: A Powerful Tool in the World of Finance, which is now available to readers all over the world! https://notionpress.com/read/factoring#learnmore
Barclaycard expands range of ‘bPay’ wearable payment devices
- 8 years 10 months ago
- FinTech StartUps, Payments
Barclaycard is to roll out a range of wearable payment devices that can be used to make ‘touch and go’ contactless payments across the UK, following a successful launch of its bPay band last year. Following the successful launch of its bPay band last year, Barclaycard unveils three new wearable payment devices – a wristband, fob and sticker.
Wolters Kluwer Financial Services Wins More Asian Clients
- 8 years 10 months ago
- FinTech StartUps
Sri Lanka’s Commercial Bank and Hatton National Bank sign up to use leading solution for IFRS Sri Lanka’s two largest private commercial banks – Commercial Bank of Ceylon (CBB) and Hatton National Bank (HNB) – are the latest Asian institutions to have signed up to use the OneSumX Finance solution developed by Wolters Kluwer Financial Services. The firms will use the solution for the implementation of IFRS. They are the first banks in the... more
SWIFT Turns Securities Traffic Data Into Valuable Business Insights For Its Clients
- 8 years 10 months ago
- FinTech StartUps
SWIFT announces the availability of Watch for Securities, a new business intelligence solution that helps securities market participants to monitor and gain valuable business insights from their network traffic. Following the completion of a successful early adopter programme, SWIFT’s Watch for Securities is ready for full scale use by local and global custodians, investment banks, asset managers and broker/dealers.
Innotribe Announced The Winners of Singapore Startup Challenge
- 8 years 11 months ago
- FinTech StartUps
The Innotribe Startup Challenge attendees selected the five finalists from the Asian leg of the Startup Challenge to compete at Sibos Singapore in October. The showcase was held at the Red Dot Design Museum on Thursday 28 May, in partnership with Next Bank Asia. The three early-stage startup finalists are: Trustingsocial are inventing consumer credit rating for emerging markets by applying Big Data and Deep Learning technologies to social,... more
Pendo Systems Is Widely Honored For Its Industry-Leading Technology Pamela Cytron Awarded Game Changer of the Year
- 8 years 11 months ago
- FinTech StartUps
Pendo Systems has been on a roll this year, winning a number of awards from international financial technology publications, the New Jersey Technology Council, and SWIFT. “I am delighted, and also a little surprised at all the attention,” said Pamela Pecs Cytron, founder and CEO of Pendo Systems, which is based in Montclair, NJ.
US And LatAm Treasurers Confident On Business Prospects For Year Ahead
- 8 years 11 months ago
- FinTech StartUps
Almost two-thirds of senior treasury and finance professionals in the US and Latin America region said they feel more confident about their own business’s prospects in the next year. 62% answered 'yes' to the question 'Compared to last year, do you feel more confident about your business’s prospects in the next year?' A similar percentage – 61% – also said they feel more confident about the US's prospects in the year ahead.
Pension Customers Want Advisers To Defend Them From Themselves, Finds New Poll From Intelliflo
- 8 years 11 months ago
- FinTech StartUps
Financial advisers are regarded as having a key role to play in stopping people making costly errors when it comes to decisions about their pensions, according to a new survey by Intelliflo.
Innotribe announces the winners of the 2015 Startup Challenge London Showcase
- 9 years 1 week ago
- FinTech StartUps
The Innotribe Startup Challenge attendees selected the five finalists from the European leg of the Startup Challenge to compete at Sibos Singapore in October. Fifteen early-stage and growth-stage startups delivered compelling pitches to an audience of financial services experts, fintech professionals, angel investors, venture capitalists, and global bank decision-makers. The showcase was held at East Wintergarden at Canary Wharf, on Wednesday... more
Siemiątkowski, Knox, Graubner-Mueller – the Great Minds Coming to Impact’16 Fintech/Insurtech
Sebastian Siemiątkowski, founder of Klarna, Ricky Knox, CEO of Tandem Bank and Alexander Graubner-Mueller from Kreditech will come to Wroclaw to attend impact’16 fintech/insurtech – a congress devoted to the technological novelties in financial sector. 500 participants, 100 speakers, both from Poland and international and 250 meet-ups between startups and corporations – it’s just a short summary of impact’16 fintech/insurtech. This congress... more
