Automation is Propelling trade Finance Document Checking Into the Digital Future
- 4 years 5 months ago
- Artificial Intelligence
By supporting existing paper-based trade finance processes as well as electronic documentation, automation enables business needs to be met now, and in the future, enhancing trade finance capabilities and easing financial organisations’ transition to digital
London Business Coach Searching for Charity Partner
- 4 years 5 months ago
- Covid-19
With charities facing intense pressure during the pandemic, a local business coach is offering support in 2021. Jamie Goral, a London-based business coach at ActionCOACH, is searching for a local charitable organisation to help achieve their operational and financial goals through his gifted coaching sessions.
SumUp Continues to Support the UK Street Food Scene
- 4 years 5 months ago
- FinTech StartUps
A very British success story is the continued growth of the street food scene. Once a subset of the food and drink industry, street food - and the culture, the ever evolving menus, and offerings across the nation - is now a market itself. Figures from SumUp (www.sumup.co.uk), the London-based fintech, illustrate several key market trends:
Orolia Defense & Security Adds New Simulator to BroadSim Product Line
- 4 years 5 months ago
- Security
BroadSim Solo Brings Advanced GNSS Scenario Creation to Every Engineer’s Desk
Invoice2go Partners With Gusto & Bench; Adds Payroll, Employee Benefits, and Seamless Bookkeeping
- 4 years 5 months ago
- IT Innovations
New HR and Operations Features Help Small Business Owners Take Better Care of Their Teams, Stay Organized Invoice2go, a one-stop-shop solution for small business owners and freelancers, announced today that its users can now access Gusto’s payroll and employee benefit features and Bench’s online bookkeeping service. Both are available through the Invoice2go Integrated Apps hub.
Backbase Announces Partnership with eToro to Enable Continued Global Growth & Enhance Digital Onboarding Experience for Customers
- 4 years 5 months ago
- Investment, Asset Management, Banking
Backbase, an Engagement Banking technology provider, announces today that it has partnered with eToro, a multi-asset investment platform that empowers people to grow their knowledge and wealth, to enhance eToro’s digital onboarding capabilities and back-end compliance infrastructure.
Indian Millennials Open one NiyoX Account, Every 30 Seconds
- 4 years 5 months ago
- Wealth Management, Banking
NiyoX records 500,000 customers’ milestone in just 150 days
UK Bank Account Fraud Soars During First Half of 2021
- 4 years 5 months ago
- Banking, Cybersecurity
Fraudsters targeting general accounts to facilitate criminal behaviour New technologies such as Machine Learning helping businesses identify more fraud New research from Experian has revealed that bank account fraud is now tracking at its highest level for more than three years. Drawing on the latest data from the National Hunter Fraud Prevention Service, the analysis uncovered an alarming surge in fraudulent activity targeting British...
Tap Happy: Almost Half of Transactions to Be Contactless by the End of 2022
- 4 years 5 months ago
- Payments, Money Transfers
The use of contactless payments is set to make up 47% of all UK payments between 2021-2022, and will be the most common type of transaction Contactless payments are up by nearly a third (30%) since the start of the pandemic, when chip & pin payments were still the most popular way to pay Between 2021 and 2022, cash payments will account for just over one tenth (11%) of all purchases
Seaglass Cloud Supports Omni Energy in Addressing the Under-served Pre-payment Gas and Electricity Market
- 4 years 5 months ago
- Cloud, SaaS
Seaglass Cloud Technology, an end-to-end, software-as-a-service (SaaS) provider to the energy sector, has developed a scalable and future-proof, full-service customer management system for Omni Energy, helping it to provide a responsive and highly-efficient service to domestic pay-as-you-go (PAYG) energy customers.
Shares.io Reveals Unique $10m Pre-product Seed Round and Imminent Launch of Europe’s First Social and Investing App
- 4 years 5 months ago
- Investment
~ Shares.io today announces the next stage of its journey to deliver “investing made social” as waitlists open for UK launch in Autumn, expected Europe-wide early 2022 ~ ~ One of Europe’s largest-ever seed rounds, $10 Million USD pre-product and previously unannounced funding also revealed, to build social-first consumer app with no-minimum, no-fees access to 1,500 stocks ~
Open Banking Could Save SME Lenders More Than 18,000 Work-hours a Year, According to New Research
- 4 years 5 months ago
- Open Banking, Cloud
· Open Banking technology could reduce processing times on borrowing applications by 85%, according to new research from Yolt Technology Services (YTS) · Innovation could replace average two-week wait times from application to payment by cutting out application bottlenecks
TotallyMoney Appoints Liz Afolabi as People Director
- 4 years 5 months ago
- Platform Technology, Money Transfers
TotallyMoney, the credit app built to help people move their money forwards and achieve their financial goals, is excited to announce the appointment of Liz Afolabi as its People Director.
Atom Bank’s Annual Report Shows Strong Progress Since March 2020, With the Bank Moving Towards Sustainable Profitability
- 4 years 5 months ago
- Banking
Significant development in Net interest margin with March 2021 run rate at 114bps (March 2020: 10bps). This momentum has continued post year end with NIM of 130bps in June 2021 Credit risk performance remained strong despite the impact of Covid Losses narrowed to an underlying operating loss of £36m with strong momentum to monthly break even during 2022, with a first month of operating profit recorded in June 2021
Squirro Launches AI Week 2021 Including Executive Masterclasses for FS Leaders to Get More From AI
- 4 years 5 months ago
- Artificial Intelligence, Banking
AI Week takes place from October-5 to October-8, featuring industry leaders showcasing best practices in AI implementation and a series of hands-on workshops and success cases
