Ahead of its highly anticipated launch in 2020, new SME banking entrant Recognise, has partnered with Microsoft Gold Partner City Dynamics to implement Microsoft Dynamics 365 Business Central as the financial backbone for the new bank. City Dynamics are the leading specialists in the financial services sector delivering comprehensive business management solutions based on Microsoft’s […]
Equiniti Group plc, an international technology-led services and payments specialist, is delighted to announce that its risk management business, Equiniti Riskfactor, has joined forces with Codat, the accounting integration API provider. Equiniti Riskfactor will connect with Codat’s single API to digitise data collection for its clients, enabling small businesses to share data automatically, reducing manual […]
In response to new regulations on ‘Open Banking’, Edinburgh-based iDelta has launched an app to help bricks-and-mortar banks combat the rapid rise of online challengers such as Revolut and Monzo. Open Banking, which is the UK’s implementation of the European Directive PSD2, requires the UK’s 300 banks and 45 building societies to release customer data […]
Improving the digital skills and connectivity of small and medium-sized businesses (SMBs) could add up to £15.3bn to the UK economy, a new report – The Digital Opportunity for Small Businesses – from Intuit QuickBooks today reveals. Improving digital skills and ability to use digital tools could add £9.9bn, or 0.5% of total UK GDP. […]
Klarna, a leading global payments and shopping provider, is pleased to announce that Ant Financial Services Group, owner and operator of the world’s leading payments and lifestyle platform Alipay, has taken a minority stake in Klarna, as the two companies deepen their partnership to bring more innovative and convenient financial services to consumers worldwide. This […]
Innovative lending services, such as crowd and P2P marketplace loans, are becoming increasingly popular in many European countries. With the development of financial technology, recent years have witnessed a growing number of business customers and private borrowers using these digital financial services. According to data gathered by Finanso.se, the European fintech, or the alternative loans […]
Kroll, a division of Duff & Phelps, and the global leader in risk mitigation, cyber resilience, security and incident response solutions, today announces that it has expanded its eDiscovery services globally. As part of this expansion, Kroll has fully integrated existing eDiscovery services provided by Duff & Phelps to become part of its Cyber Risk […]
UK peer-to-peer lending platform Propifi, has unveiled the launch of a new Innovative Finance ISA eligible investment opportunity, which enables retail P2P investors to benefit from targeted quarterly returns. An easy to use P2P commercial lending platform, Propifi was established in April 2018, with a clear ambition to cater for the growth in the UK […]
Alternative lender Just Cash Flow PLC has begun harnessing augmented intelligence (AI) to identify promising startups through their online footprint – including social – and approach them directly. Start-ups are usually caught in the catch-22 situation of being unable to access financial support, because lenders traditionally request two or more years of accounts to indicate […]
Against a backdrop of political and economic uncertainty, UK borrowers turned to established and familiar lenders in 2019, according to a new research report launched today by Equiniti Credit Services and Credit Kudos. Entitled A Brands’ New Decade: Loyalty on loan as consumers consent to data-driven lending services, the report finds that although banks remained […]
