The blue-chip corporate reporting season is moving up another gear, with figures being released from the big five banks. HBSC has announced profits for 2019 plunged by 33%, and are axing around 35,000 jobs as part of a major restructuring plan. The financial organisations’ strategy overhaul has been designed to improve efficiency and lower cost-to-income […]
Asset finance and commercial loans provider, Bluestar Leasing, has invested in a full suite of Managed IT Services and cyber security solutions to ensure its year-on-year growth continues, while guaranteeing all client data remains confidential. The Hampshire-based company currently employs 14 people, having increased its sales team by three people in 2019, and aims to […]
Improving data and the quality of decisions are two of the top strategic priorities for credit management professionals in the next three years. A new study of credit management professionals from Equifax Ignite reveals nearly three quarters (72%) believe there is scope for future improvement of data analytics at their current companies. The study, in […]
FundingXchange, a pioneering SME lending marketplace and intelligent decisioning platform, has partnered with leading fintech AccountScore to enable SMEs to reap the benefits of Open Banking by efficiently obtaining a greater number of personalised funding quotes. Matching businesses with dozens of lenders, FundingXchange provides SMEs with indicative offers and helps identify the best funding solution […]
UK peer-to-peer lending platform Propifi, has unveiled the launch of a new Innovative Finance ISA eligible investment opportunity, which enables retail P2P investors to benefit from targeted quarterly returns. An easy to use peer-to-peer (P2P) commercial lending platform, Propifi was established in April 2018, with a clear ambition to cater for the growth in the […]
Riverbed® today announced the results of a survey which found that over 70% of C-Suite decision makers believe business innovation and staff retention are driven by improved visibility into network and application performance. The survey findings unveiled in the ‘Rethink Possible: Visibility and Network Performance – The Pillars of Business Success’ report cites a positive […]
In one month’s time, the UK will reach the Financial Conduct Authority’s six-month delayed deadline for the implementation of PSD2, and Strong Customer Authentication (SCA) will finally be enforced for online banking. SCA is applied in many different areas whilst transacting online. More and more consumers value the convenience of online banking and payment platforms, […]
Monese has announced the next step in its global expansion with the launch of Romanian currency accounts. The new RON account from Monese comes with a Romanian IBAN and Romanian language customer support, a first for a global fintech servicing customers in Romania. With Monese, customers can open multicurrency accounts within minutes. Using their existing […]
PPS, formerly PrePay Solutions, and subsidiary of Edenred, the everyday companion for people at work, has today been approved to become an issuer and processor of Visa. Through the partnership, PPS will be able to offer its customers, including fintech providers and challenger banks, full access to Visa’s products, including issuing Visa branded cards. Incorporating […]
TFS, which specialises in ‘guarantor’ unsecured credit and lending to those unable to access high-street banks, is now using Lending Metrics’ award-winning automated underwriting platform Auto Decision Platform (ADP), together with its LMX and OpenBankVision products. Having used credit reference data, TFS Loans wanted to use the latest Open Banking technology to get 100% accurate […]
