B2B

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British Business Bank announces £99.8m commitment to Shire Leasing

The British Business Bank today announces a further £62.4m of financing to Shire Leasing under its ENABLE Funding programme, which aims to improve the supply of finance solutions to smaller UK businesses for business–critical assets.

/B2B

Fintech Neontri enters US market

Neontri, formerly known as Braintri, the leading European fintech providing innovative B2B solutions in mobile banking and mobile payments, enters the American market.

/Sibos

Visa B2B Connect doubles global reach since June 2019

Visa Inc. (NYSE:V) today announced that its Visa B2B Connect network has doubled its reach – from 30 global trade corridors at launch in June 2019, to 62, with the goal to expand to over 100 countries in 2020.

/B2B

Five Degrees and Entersekt announce fintech partnership

Digital core banking provider five°degrees today announces a partnership with Entersekt, an innovator in mobile-first fintech solutions.

/B2B

Online lender Namaste Credit launches digital-only bank

Online lending marketplace Namaste Credit today said that it is launching its Neobanking solutions for MSMEs, becoming a full-fledged "Digital-Only Bank" with a foundational SaaS play.

/B2B

B-North selects Mambu for core banking

B-North, the Manchester-based firm building an SME lending bank for the UK, has selected Mambu, the SaaS banking engine, to provide its core banking technology.

/wholesale

UBS partners with BizEquity for enterprise access

UBS Financial Services Inc. today announced a partnership with BizEquity, a leading online provider of estimated business valuations. This will allow a select group of UBS financial advisors in the US arm of its Global Wealth Management business, to access BizEquity’s database of businesses and valuation information. Enterprise access through BizEquity will increase the service and support that UBS financial advisors can provide to business owner clients, and informal valuation reports will assist with financial planning needs that will allow clients to be more competitive in their respective industries.

/B2B

Microsoft and Publicis Sapient build digital trade finance bank in six months

Publicis Sapient, the digital business transformation hub of Publicis Groupe, and Microsoft, has today announced their partnership supporting the launch of the world’s first end to end digital trade bank, Anglo-Gulf Trade Bank. The two businesses aided in the creation of the entirely new bank by providing it with implementation strategy, technology and client experience from the outset.

/wholesale

Dolfin adds new head of technology

Dolfin, an independent and agile wealth management platform, has appointed Richard Webb as Head of Technology. In the newly created role, Webb will oversee Dolfin’s technology and infrastructure strategy and lead the development of its digital wealth management offering.

/B2B

JP Morgan launches cross-border digital payments in China

The leading global financial institution J.P. Morgan today announced the launch of E-Customs Payment Solution, making it the first foreign bank in China to offer a solution that fully digitizes and automates cross-border payments of goods. The solution solves common pain points associated with the manual nature of such transactions.

/B2B

HSBC calls on Identitii for tokenisation technology

Identitii Limited (Identitii, Company) (ASX:ID8), an Australian FinTech enabling the secure overlay of transaction level detail on top of financial messages using a private blockchain, advises that its customer, HSBC has announced the launch of its Digital Accounts Receivable Tool (HSBC DART) using Identitii’s innovative tokenisation technology, to its corporate clients in India.

/B2B

Line Pay and Visa partner for digital payments

LINE Pay Corporation, operator of digital wallet and fintech services on the LINE messaging app, and Visa (NYSE: V), the global payments leader, today announced a strategic partnership that will see them create new financial services experiences for their collective user bases of millions of consumers and merchants worldwide

/B2B

Yoyo appoints former Mastercard exec as new chairman

Yoyo’s board of directors has today announced that David Yates, former president of New Payment Platforms at Mastercard and now a senior advisor to Mastercard, has taken on the role of chairman of the award-winning technology platform that combines payment, loyalty and marketing to increase customer lifetime value for physical and online retailers.

/B2B

Banking Circle issues white paper on financial inclusion

Ground-breaking financial utility, Banking Circle, is on a mission to improve access to global financial services for businesses of all sizes.

/B2B

89% of merchants 'primed for open banking' says Nuapay research

Eighty-nine percent of airline, supermarket and subscription economy merchants are primed for Open Banking and have assessed the impact it will have on their business a new piece of research commissioned by Nuapay, a Sentenial company, has revealed.

/B2B

TransferMate launches API for cross-border B2B payments

TransferMate, one of the world’s leading cross-border B2B payments providers, today at Money2020 Europe in Amsterdam launched the TransferMate API, allowing software partners and business customers access to its globally regulated payments technology through direct integration.

/B2B

Dorsum launches My Wealth mobile app

Dorsum, a multi-award winning, innovative investment software provider, today launches the My Wealth app at the Money2020 event in RAI Amsterdam.

/B2B

Revolut teams up with French cab firm SnapCar

Revolut, the digital banking alternative, has today announced their latest partnership with SnapCar, the ride-hailing B2B French leader, as the innovative fintech looks to take-on legacy payment infrastructure by providing instant automated payouts directly into SnapCar drivers’ accounts.

/B2B

PayStand extends payments-as-a-service platform into Canada

PayStand, the B2B payment platform for the future of business, today announced that it has expanded its digital platform into Canada to support domestic B2B commercial payments and deepen its global payments infrastructure.

/B2B

Bacs publishes positive 2017 results

Figures released today show that 2017 was another record-breaking year for Bacs Payment Schemes Limited (Bacs), with over 6.34 billion payments, worth a total in excess of £4.9 Trillion, processed by the company behind Direct Debit in the UK.

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