821 articles tagged with this keyword
Company update/regulation
Equiniti Group plc (“Equiniti”), an international technology-led services and payments specialist, is delighted to announce that it is now able to provide an enhanced Know-Your-Customer (“KYC”) service for asset based and invoice finance lenders.
16 June 2020
News/startups
Targeting 15,000 fintech firms worldwide, the Cambridge Centre for Alternative Finance (CCAF) announced it has partnered with the World Bank Group and the World Economic Forum to survey industry players and compile data about Covid-19’s impact on the marketplace.
15 June 2020
Company update/startups
The Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge Judge Business School is partnering with the World Bank Group and the World Economic Forum to launch a Global Covid-19 FinTech Market Rapid Assessment Survey. The empirical data collected will be used to understand Covid-19’s impact on the FinTech markets, how the global FinTech industry has responded and some of the immediate regulatory and policy implications.
News/covid-19
Metro Bank has confirmed that it is in exclusive talks to buy the UK's biggest P2P lender RateSetter.
Company update/people
Swoop, the innovative technology-based finance platform for businesses, has appointed George Htin-Kyaw as Chief Technology Officer.
12 June 2020
News/retail
Built for Mars’ Peter Ramsay has released the fourth instalment of the now sought-after ‘UX for banking’ series where he reviews 12 UK-based banks and reveals whether the experience of opening an account, making a payment or freezing a card is slicker and quicker when banking with the digital challengers.
11 June 2020
Company update/wholesale
Credit insurers Nimbla and ABL operating system Dancerace have partnered to increase SMEs’ access to credit insurance when they apply for invoice finance.
10 June 2020
US multi-lender Point-of-Sale financing platform ChargeAfter has secured an investment from the venture capital arm of Japanese financial services giant MUFG.
News/crypto
Swiss crypto bank Seba has sought to address the potential skills gap in emerging technology by launching a blockchain-themed university education course.
05 June 2020
Company update/Alternative finance
Falcon Group has appointed industry veteran John Ahearn as Group Vice Chairman and CEO Americas in a newly appointed position.
01 June 2020
The venture capital arm of Banco Santander has led a $5 million round in a55, an alternative lender to SMEs is Brazil and Mexico.
28 May 2020
Involving the alternative lending sector is the key to addressing the problem of distributing government loans and other support to businesses struggling as a result of the Coronavirus lockdown, according to the founder of ClearBank and RTGS Global Nick Ogden.
14 May 2020
Singapore-based SME financing platform Validus has raised over US$14 million, with US$20 million in committed capital, in an ongoing Series B+ financing round.
12 May 2020
News/payments
The UK's biggest P2P lender RateSetter has slashed the interest rate paid to investors by 50% as it prepares for a wave of defaults under Covid-19.
05 May 2020
Company update/payments
Lendwise, a Peer-to-Peer (P2P) lender authorised by the FCA, has today announced a new charity initiative with NHS Charities Together, a membership organisation which supports NHS staff and volunteers caring for Covid-19 patients.
Singapore-based Finaxar today announced that it has made several key senior appointments, strengthening its leadership team as it eyes regional growth.
04 May 2020
Banco Santander announced today the completion of its purchase of a c.50.1% stake in Ebury, one of the best international payment, FX and international cash management platforms for SMEs, after obtaining all regulatory approvals from the required authorities.
29 April 2020
A new revenue finance company has pledged £20m of funding for online business by the end of 2020.
28 April 2020
News/sustainable
In conversation with Finextra TV, Antony Jenkins, founder and executive chairman of 10x Future Technologies and former Barclays CEO, highlights that the single most important factor in the push toward sustainability is transparency.
27 April 2020
Payment moratoria will weaken European non-bank lenders' operating cash flows in the short term but the ultimate impact on liquidity will depend on the speed and scope of payment holiday applications, Fitch Ratings says.
22 April 2020
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