Two years of economic turbulence and supercharged adoption of new digital solutions and technologies have put the UK’s small to medium sized businesses (SMEs) in a continuously precarious position – and new data shows just how vulnerable they are. Data from Konica Minolta has revealed that around 90% of SMEs are risking significant fines and […]
Specialist lender Cambridge & Counties Bank has selected nCino, a pioneer in cloud banking and digital transformation solutions for the global financial services industry, to further transform the bank’s back-office lending infrastructure. The partnership will deliver an enhanced customer-centric market proposition as the bank looks to capitalise on the strong momentum and reputation it has […]
Capitalise, the business finance platform, have announced a partnership with the small business support network Enterprise Nation, that will deliver a pioneering finance hub, giving small businesses access to finance and strategic support in one place. The hub will deliver access to business credit scores, access to finance and strategic online workshops and e-learning in […]
The Single Euro Payments Area (SEPA), launched in 2008, was introduced to harmonize cashless transactions across Europe, with a single system for both domestic and international payment transfers. However, this has not put an end to IBAN discrimination which, although deemed illegal, is still a common occurrence obstructing transactions from non-local bank accounts. According to […]
HPD Lendscape, a global leader in secured finance technology, today announced the launch of Lendscape Asset Finance, a new solution designed to help banks and lenders boost productivity by streamlining everyday administrative tasks. Cloud native and digital-ready, Lendscape’s features include an intuitive UI, asset-level accounting, and the ability to manage all leases and loans on […]
Open banking platform Tink and sustainability fintech Cogo have formed a strategic partnership to provide banking customers with personalised carbon footprint tracking services, following the successful launch of the NatWest carbon tracking feature which brought the two fintechs together. The solution uses Cogo’s sustainability data and behavioural science and Tink’s money management and data enrichment […]
A survey of leading global banks by Icon Solutions has revealed that Request to Pay is widely expected to challenge established payment methods, with 87% of respondents viewing it as a good alternative to direct debits and 71% expecting it will reduce merchant’s dependency on payment cards. Yet 67% also identify bank readiness as the […]
Toolstation has announced that it is partnering with Ecospend, a leading UK provider of open banking technology, to become one of the largest ecommerce sites to adopt ‘pay-by-bank’ technology as a payment alternative. Ecospend’s Open Banking payments technology will allow Toolstation’s Trade Account customers to significantly improve their cashflow, while also providing flexible credit limits […]
Ecospend, the leading UK provider of Open Banking technology, has today announced that it is partnering with Contis, the leading pan European Banking-as-a-Service (BaaS) provider. Contis offers a range of BaaS products to its customers across a variety of sectors, including cloud-based, real-time accounts and payments solutions. By integrating Ecospend’s ‘pay-by-bank’ technology, Contis’ customers will […]
Impact Specialist Finance has announced that all their exclusive and semi-exclusive products can now be sourced on the intermediary product sourcing systems, MortgageBrain and Sourcing Brain. Impact’s packaging business is an award-winning, market-leading mortgage distributor and packager built on 30 years’ experience and a reputation for quality and service. They support brokers with all types of […]
