NatWest has today launched MentorDigital, a free new digital advice platform for SMEs, which offers employment law, HR and health and safety guidance, as the UK takes its next steps out of lockdown. The bank’s new Mentor digital service aims to help SMEs plan ahead to ensure both business owners and their staff are well […]
Aire, the pioneering data and technology company, has joined Innovate Finance, the independent industry body representing the global fintech community in the UK. Joining as its newest scale-up member, Aire will use the partnership to further its consumer first approach to credit – and the fairer access it provides – for the mainstream. Specifically, Aire […]
LendInvest, the UK’s leading platform for property finance, and Jumio, the leading provider of end-to-end AI-powered identity verification and eKYC solutions, have announced a partnership that will further streamline LendInvest’s digital application process for its buy-to-let product. By incorporating Jumio’s award-winning biometric-based technology into its digital application system, LendInvest BTL applicants can confirm their identity […]
TISAtech, a digital market network that brings together financial institutions and fintechs for greater collaboration and innovation, today announces the launch of UK Scale-Up. The initiative will help international fintechs access the UK and partner with financial institutions, in particular banks, insurers and asset managers. TISAtech was launched by The Investing and Savings Alliance (TISA), the cross-industry […]
More than 80% of UK businesses say the future of their company is threatened by late payments, a result of outdated accounts receivable (AR) processes, according to a new report from global payment technology expert BlueSnap. The new research reveals that current AR practices are impacting cash flow, human resources and talent acquisition, while also […]
Shawbrook Bank has launched a new strategic relationship with alternative SME credit fintech, Caple. The move will significantly expand Caple’s lending-as-a-service offer, which provides banks and institutional investors with an efficient way to access and lend to larger SMEs – the 36,000 UK firms turning over between £1m and £50m. Caple is an independent company, […]
Temenos (SIX: TEMN), the banking software company, today announced that it is partnering with Canadian Western Bank (CWB) on a pioneering innovation to support small- and medium-sized enterprises (SMEs) with financial decision-making and growing their businesses. The new solution, Temenos Virtual COO, is built on Temenos Infinity, the leading omnichannel digital banking product, and leverages […]
Nearly 1,500 local people are benefiting from free training to start a new career in the digital sector. The government has made a further £2m available to the West Midlands Combined Authority (WMCA) to hold more of its popular digital bootcamps, which are flexible courses being delivered full or part time. This builds on the […]
Yolt Technology Services (YTS), the leading open banking provider, has today made its tried and tested Account Information Services (AIS) available to UK business lenders, to provide enhanced data insights and support credit decision processes. Lenders are required to risk weight their back book of loans, which then must be considered before new loans are […]
Forrester has recently released its ‘The Transformation of Corporate Banking’ report*, highlighting a demand for digital transformation in the corporate banking industry, which is seen as being far behind. For example, at least 25% of enterprise CFOs indicated that increasing the use of cloud in their banking; upgrading, replacing, or consolidating legacy business apps; and […]
