In a joint basic research project with the Bosch research team “Economy of Things”, Daimler Mobility and technology partner 51nodes, Boerse Stuttgart Group has developed a flexible method for financing industrial capital goods on a blockchain basis. In addition to technical feasibility, the project, which has been running since May 2019, also covered legal and […]
Graydon, Europe’s leading provider of business data and insight, has announced the launch of Graydon Business Risk, a new risk management solution developed in partnership with TruNarrative, the financial crime RegTech experts and Cifas, the UK’s leading fraud prevention service. Joint research undertaken by the partners in late 2019 showed organisations of all shapes and […]
The Global Supply Chain Finance Forum (GSCFF) – comprising BAFT (Bankers’ Association for Finance and Trade ), FCI (formerly known as Factors Chain International), the International Chamber of Commerce (ICC), the International Trade & Forfaiting Association (ITFA) and the Euro Banking Association (EBA) – have released a paper in response to growing concerns regarding the […]
Barrow-upon-Humber based business, Holistic Fire Safety Limited, has secured a £25k Bounce Back Loan from Santander UK to meet growing demand as workers across the UK return to the office. Entrepreneur and fire safety expert William Davidson founded the business at the end of 2019 and had been operating for just eight months before coronavirus […]
Leading strategic infrastructure projects and physical asset lifecycle management company InfraStrata plc has acquired the historic and highly strategic Appledore Shipyard in North Devon in a £7m deal. The UK-based, London Stock Exchange-listed firm specialises in the development, commercialisation and operation of advanced, high-value, strategic infrastructure facilities. The new deal follows InfraStrata’s acquisition of the […]
Unity Trust Bank, the specialist commercial bank, has reported an increase in total net lending of more than £50m in its half year results. With many businesses facing uncertainty following the outbreak of Covid-19, Unity has focused on supporting its customers, with a 10% increase in lending. Despite the effect of the pandemic, pre-tax profits […]
Tandem Bank announces an exciting milestone for the business today and its aim of becoming the UK’s first green digital retail bank, as it acquires Allium Lending Group, a leading green lending business, as part of a £60m fundraising deal that was finalised last week. For the past six years, Allium has been helping customers […]
Following a rebrand from Promise Solutions to Promise Money, the specialist lending distributor has launched a brand-new website and processing system for brokers. Promise Money’s new consumer and broker facing website has been 10 months in the making and the packaging/advice process is underpinned by One Mortgage System (OMS). Both the website and the packaging […]
Backbase today announces that Mauritius Commercial Bank (MCB) has gone live with a brand new mobile app for SMEs built from the ground up on the Backbase Digital-first Banking Platform. This milestone marks the completion of the first phase of MCB and Backbase collaboration. Together with Backbase, the bank is accelerating the path towards digital […]
Azzurro Associates, a pioneer in commercial debt solutions (CDS), has appointed experienced fintech executive Stefan Acklam as finance director. Stefan has more than 20 years’ expertise in financial services in the UK and US, having recently been finance director for a well-known challenger bank, supporting the business through its Prudential Regulation Authority (PRA) approvals and […]
