Optimism among the UK’s small and medium-sized businesses has grown for a third consecutive year, according to new American Express research, with almost seven in 10 (69%) saying they are confident about the future of their company — rising from 67% in 2023 and 65% in 2022. The most significant uptick in optimism was among […]
finova, the UK’s largest cloud-based mortgage and savings software provider, has today published a new report Homeownership in the digital age. The research uncovered that 19% of homeowners feel that the technological features offered by lenders are falling short of their expectations. finova surveyed over 500 borrowers and 500 brokers to understand how time consuming […]
Liberis, the leading global embedded finance platform, announced a partnership today with myPOS, award-winning fintech platform and payment service provider to European SMEs. This partnership will enable myPOS to offer revenue-based financing in 10 European countries starting with the UK, providing small businesses (SMEs) with the money they need to fund new projects, address business […]
techUK has unveiled a new report highlighting the immense potential for growth and productivity through increased digital adoption among UK SMEs. The report, “Small Enterprises, Big Impact”, finds that the UK still suffers of a productivity gap. Despite SMEs making up 99.9% of UK companies and representing some of the country’s most resilient businesses, over […]
MANSA, a leading decentralised finance (DeFi) platform specialising in cross-border payments and trade financing, has partnered with blockchain payment platform Bitmama to improve cross-border payment accessibility across Africa. Payment companies across Africa face significant challenges in establishing cross-border payment services, where maintaining pre-funded accounts in multiple countries often poses an obstacle due to limited capital, stifling innovation […]
AI is set to transform financial services organisations, but many are behind the curve. Operations leaders are now recognising the shortfalls of not having access to the data they need and see the significant benefits that AI can bring. New research from ActiveOps, provider of AI-powered Decision Intelligence for service operations, has found that almost […]
Mitigram, the global leader in digital trade finance, is pleased to announce it has partnered with Fides, the industry-leading multibank connectivity provider, as Mitigram becomes their trusted partner for trade finance supply. This is in line with Mitigram’s strategy to improve bank communication for corporates. The partnership will enable clients to digitalise their trade finance […]
In a UK first, Lloyds Bank has partnered with Cleareye.ai, a specialist artificial intelligence platform, using AI to streamline the processing and compliance checking of trade finance documentation to drive efficiencies for clients. Cleareye.ai’s ClearTrade technology will be implemented from this month. The advanced technology will use optical character recognition (OCR)*, machine learning, and natural […]
efcom gmbh and Lenvi Riskfactor (UK) have signed a partnership agreement to bring together their expertise and market leading technology to provide customers with connected experiences and continue to drive innovation for the receivables finance industry. Lenvi Riskfactor is a global leader and innovator in risk management software. The technology is used globally by receivables […]
In the aftermath of the CrowdStrike IT outage, new research has uncovered a critical vulnerability within financial institutions regarding supply chain resilience. The July outage, which saw thousands of businesses across the globe grind to a halt as a result of a faulty software update, has demonstrated the need for greater digital supply chain resilience, […]
