UK Venture Capital Fund Performance Increased Sharply Over the Last year, Finds Latest Research by the British Business Bank
- 2 years 5 months ago
- Banking
Performance of UK VC funds has increased sharply over the last 12 months
Access to Affordable Borrowing Options Vital as UK Reliant on Credit in Run up to Christmas
- 2 years 5 months ago
- Open Banking
Debt levels among variable workers* have increased by ten percentage points throughout the pandemic, with the number of variable workers with debts of between £5,000 and £10,000 more than doubling from 2020 (10% to 23%). Of the 25-34 year olds that expect to increase borrowing in the next six months, 31% need additional funds to buy Christmas gifts for friends and family. These groups of society are also more likely to use higher cost credit...
Response from Judith Hartley, Chief Executive Officer, British Patient Capital
- 2 years 5 months ago
- Trading Systems
Judith Hartley, CEO, British Patient Capital said: “The performance of UK venture capital is a notable success story after what has been an otherwise challenging period for businesses across the world. The third annual UK Venture Capital Financial Returns report from our parent company, the British Business Bank, clearly illustrates the importance of venture capital as an asset class to investors, innovative companies, and the wider economy.
Are You Ready For iFX EXPO Dubai 2022?
- 2 years 5 months ago
- Blockchain, Payments
Following this year’s UAE success, iFX EXPO Dubai 2022 will be sweeping into an even larger venue for another action-packed show. The eagerly-awaited expo will take place at Za'abeel Hall 6, Dubai World Trade Centre from 22-24 February 2022 and is expected to attract more than 3000 attendees.
Allica Scoops £110 million in Series B
- 2 years 5 months ago
- Banking
SME challenger bank Allica has agreed a £110 million Series B funding round led by Atalaya Capital Management, alongside existing lead investor Warwick Capital Partners. The new equity injection comes just days after the startup boosted its profitability ambitions by agreeing to buy the £600 million British small business loan book of Allied Irish Bank.
Landsbankinn Chooses Salt Edge to Become PSD2 Compliant
- 2 years 5 months ago
- Payments, Compliance
Landsbankinn, the largest Icelandic bank, has joined forces with Salt Edge, a pioneer in open banking, to comply with Icelandic law on the PSD2 legislation.
Why a Multi-acquirer Strategy is Key to Global Growth
- 2 years 5 months ago
- Payments
As online business grows exponentially, finally fulfilling the internet’s promise of a ‘global village’ in which anyone can buy and sell anything from anywhere, CellPoint Digital is providing merchants with the ability to increase conversions, reduce operational costs, and boost profits.
Vauban Raises £4.7m to Provide Investors With an End-to-end Platform to Easily Launch and Run a Venture Capital Firm Online
- 2 years 5 months ago
- Fundraising News, Fund Management, Infrastructure
Vauban is building the infrastructure and network powering the global alternative investment industry. The platform provides venture capital fund managers and angel investors with everything they need to raise and invest capital quickly and simply. Users can set-up, deploy and manage Funds and SPVs online, from multiple global investment jurisdictions, at a fraction of the usual time and cost.
Chill Out, Relax, Take It Easy: PCI Pal® Removes the PCI Compliance Worry from Chill Insurance
- 2 years 5 months ago
- Transaction Banking, Payments, Credit Cards, Compliance
PCI Pal, – the global provider of cloud-based secure payment solutions – has upgraded Chill Insurance’s payment security solution to aid secure and compliant payment card transactions, regardless of whether contact centre agents are working onsite or remotely from home.
FICO Launches Powerful Next-Generation Originations Solution as Consumers Demand Digital Account Openings
- 2 years 5 months ago
- Data
With FICO® Originations Solution, Powered by FICO® Platform, financial institutions can eliminate barriers to customer acquisition as more consumers opt to open accounts digitally
Access to affordable borrowing options vital as UK reliant on credit in run up to Christmas
- 2 years 5 months ago
- Lending
Debt levels among variable workers* have increased by ten percentage points throughout the pandemic, with the number of variable workers with debts of between £5,000 and £10,000 more than doubling from 2020 (10% to 23%). Of the 25-34 year olds that expect to increase borrowing in the next six months, 31% need additional funds to buy Christmas gifts for friends and family.
Western Union Business Solutions Launches Green Hedging Initiative in Partnership with Gold Standard
- 2 years 5 months ago
- Payments
Collaboration will enable Western Union Business Solutions’ customers to support a range of initiatives with certified carbon credits, from renewable energy to clean water access, as part of their hedging strategy
Major Danish Fintech Successfully Launches its Largest Program to Date with Murex’s MX.3 Solution
- 2 years 5 months ago
- Banking, Data
Bankdata, one of the largest Danish fintech companies, has recently completed the most substantial front-to-back-to-risk re-platforming program in its history: the implementation of a shared capital markets platform for eight Danish banks. Regulatory compliance was a key driver for implementing Murex’s MX.3 platform.
Trulioo Receives Approval from German Media Authorities to Provide Age Verification Services
- 2 years 5 months ago
- Security
Trulioo’s automated identity verification solution receives a positive assessment as an age verification system (AVS) concept in telemedia
An Introduction to the Cryptocurrency Exchange: Where to Begin?
- 2 years 5 months ago
- Cryptocurrencies
Proponents of digital currencies claim that in the not-too-distant future, they will become a new financial reality. Despite the current instability in the stock market, digital assets continue to grow in popularity on a global scale. More than 73 million people will have used a blockchain wallet by the end of 2021, according to predictions (15.87 % growth within 6 months).
