Many Businesses Failing to Focus on Cash Flow, Survey Finds

• 3 years 2 months ago
• Management

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 Evaluates Developing a Driver Monitoring System Based on Its Wireless Movement and Position Detection Technology

• 3 years 2 months ago
• Artificial Intelligence

GBT Technologies Inc.

Marquee Tech Investors Back Coding Bootcamp Start-up Rocket Academy to Address Global Talent Shortage

• 3 years 2 months ago
• FinTech StartUps

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 

Clearwater Analytics Files Registration Statement for Proposed Initial Public Offering

• 3 years 2 months ago
• Lending

PayNearby Launches NeoDukaan; Aims to Modernize 100 MN Retailers by 2025

• 3 years 2 months ago
• Payments

  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...

Proficient European P2P Investors Choose Liquidity on the Secondary Market

• 3 years 2 months ago
• Investment

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. 

CB Approves Fime to Support French Issuers Adopt CPACE.

• 3 years 2 months ago
• Payments

 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.

Spice Money Partners with Israel’s Leading Fintech Player, Tarya to Launch Community-led rural Lend-tech Platform

• 3 years 2 months ago
• FinTech StartUps

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

BCR Publishes Progress Updates on Public Commitments from Pool A, B, C and D Capability and Innovation Fund Recipients

• 3 years 2 months ago
• Banking

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 30th June 2021. The updates of those awarded, their original commitments made and key achievements to date can be found here.

FamiCord Group Investing in Stem Cell Bank Owned by Smart Cells Holdings Limited, UK

• 3 years 2 months ago
• Banking

Polski Bank Komórek Macierzystych S.A. (PBKM), which leads the international FamiCord Group, Europe's largest stem cell bank, signed a transaction agreement with shareholders of Smart Cells Holdings Limited, based in London UK, to acquire a majority stake in the stem cell bank operating in Great Britain, Middle East (United Arab Emirates, Lebanon, Oman, Bahrain, Kuwait  and others) and Hong Kong.

ETF Securities Releases Semiconductors ETF in Australia – Enabling Investors to Participate in this Indispensable Industry

• 3 years 2 months ago
• Investment

 The ongoing semiconductor shortage caught many businesses off guard as production of chips slowed down during the global pandemic. From domestic appliances to cars, almost every technological device relies on semiconductors, and the global shortage has taken its toll: car manufacturers idled their production lines1 or – on the more creative side – utilized dummy chips in their production, which will be replaced by functional semiconductors as...

Standard Bank Selects TCS BaNCS™ Cloud for Digital Claims Transformation in Short Term Insurance

• 3 years 2 months ago
• Banking, Cloud, Consultancy

Tata Consultancy Services’ SaaS Offering to Help the Leading South African Insurer Process Claims Faster, Offer Personalized Customer Experiences, and Drive Product Innovation

More Recruitment to fuel Growth at Apex Litigation Finance

• 3 years 2 months ago
• Fundraising News

Recruitment is once again high on the agenda at Apex Litigation Finance as the company continues to fuel its growth strategy. The company is continuing its flexible approach to its recruitment activity. Rather than advertise specific job roles, it is keen to hear from anyone who is excited about the company’s growth and direction, whether they have experience in litigation funding, artificial intelligence (AI), business development or fund...

Colt Adds Seven Mainland China Exchanges to its Market Data Services Portfolio

• 3 years 2 months ago
• Data

Colt launches unique proposition that provides comprehensive market data coverage for exchanges in Mainland China via Hong Kong Colt Technology Services today announced the expansion of its portfolio of Market Data services to incorporate Mainland China. This new and unique proposition, available in Europe, North America and Asia, make Colt the only comprehensive provider of market data coverage for stock, futures and commodity exchanges across...

Signzy Enters the UAE in Strategic Partnership with the Seed Group

• 3 years 2 months ago
• Artificial Intelligence

 Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, has entered into a strategic partnership with Signzy, a Bangalore-based banking workflow automation company, for financial services, to give further push to digital transformation of businesses across the UAE. With the support of Seed Group, Signzy aims to triple its growth in the region by the end of fiscal 2022. The partnership comes at a time when the UAE is...