B-North, the Manchester-based firm building a regional SME lending bank for the UK, has appointed Jackie Ewer as Head of Operational Risk & Compliance. Jackie joins with more than 30 years’ financial services experience, with the last 15 years focused on operational risk, compliance risk and financial crime risk. Jackie is well versed in the […]
Recognise Bank (“Recognise”), a subsidiary of City of London Group plc (AIM: CIN), and the UK’s newest SME bank, is pleased to announce that it has successfully completed a complex transaction that involved supporting a clientwith a £4m loan. The £4m loan will be used by a property investment and development firm to complete the […]
The Board of Banking Competition Remedies Ltd (BCR) today publishes the first update from Pool E recipients, providing a summary of performance against their public commitments to the period 30 November 2020. Onfido has undertaken a strategic review of its business, and as part of this process, decided to return its £5m award to BCR. […]
Fintech Miconex has revealed that over £1.9m was spent through its Town and City Gift Card programmes in 2020, providing evidence that consumers are turning to local, multi-venue gift card programmes in a bid to support local businesses. The 2020 sales data represents 350% year on year growth for the firm. Perth based Miconex took its total […]
Leading corporate finance provider Goodman Corporate Finance is opening a new office in Plymouth to focus on serving small to medium-sized enterprises across the South West region. The specialist broker, which offers a range of bespoke corporate finance solutions, real estate and business advisory services, is expanding from its East Midlands base, with the aim […]
Portfolio management platform, Lendlord, has launched an Open Banking integration that allows landlords to automate their cashflow and bookkeeping. Lendlord has been approved by the FCA to partner with Open Banking platform, Plaid, and enable users to link an unlimited number of bank accounts to their Lendlord account. This integration will allow Lendlord users to […]
Castle Trust Bank has recruited Robert Oliver to become the specialist lender’s new sales director. Robert has more than 20 years’ experience in intermediary lending, having previously held roles with Northern Rock, Virgin Money, Capital Home Loans and most recently with Together, where he was head of intermediary relationships. Castle Trust Bank offers bridging loans […]
Temenos (SIX: TEMN), the banking software company, today announced its next-generation end-to-end corporate lending platform, designed to help banks digitally transform their entire corporate banking business to reduce cost and drive operational efficiencies, improve customer experiences, and create offers for customers that are tailored to individual corporate needs. The microservices-based platform helps banks automate their […]
Figures published today by HM Treasury show that over 1.5 million businesses across the country have been supported by the UK’s banking and finance industry through government-backed lending schemes. Over 39,000 small enterprises have received a Bounce Back Loan over the past month, with a total of 1.47 million businesses accessing the scheme since it […]
Specialist business property adviser, Christie & Co, has today launched its annual Business Outlook report, ‘Business Outlook 2021: Review. Realign. Recover,’ which reflects on the themes, activity and challenges of 2020 and forecasts what 2021 might bring across the industries in which Christie & Co operates, including the child centric sectors; nurseries, independent education, specialist […]
