The next generation of UK neobanks, Finndon, has announced an initial £2m investment committed by its founders, to embed robust and secure infrastructure while undergoing activities towards securing authorisation by the Financial Conduct Authority. The initial investment of £2m has enabled Finndon to already establish strong strategic partnerships with Modulr, Global Payment Services (GPS), Allpay […]
Seven in 10 bridging lenders (68%) are concerned about the capacity of the courts to deal with the caseload when the enforcement moratorium is lifted, according to research from the Association of Short Term Lenders (ASTL). According to HM Courts & Tribunals Service, the pre-Covid-19 baseline for civil receipts (which include High Court claims and […]
Berry, who initially joined the business as interim group sales director in January 2020, accepted the permanent, expanded role and a place on the Executive Team having helped steer the company through the recent challenges posed by the coronavirus pandemic. In his new role he will continue to lead the CSF field and telephone sales […]
Rural businesses aren’t just farms. Rural areas are full of innovative small businesses doing everything from accountants in sheds at the bottom of gardens, to artists making jewellery and pottery, and IT consultants and freelancers working in many different sectors. They’re creating jobs and helping power the UK economy. But they’re struggling. Isolation is part […]
United Trust Bank (UTB) is continuing to expand its Development Finance Division with the appointment of a new director and a new manager. Hardeep Thandi joins UTB from Aldermore as director, property development and brings with him over 14 years’ property development, commercial and corporate banking experience. He is based in Leeds and will predominantly […]
A new report from Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, shows that gig workers are looking for a balance between stability and flexibility – but have yet to find it. The report, ‘Gig Economy: Financial Security or Greater Control’, examined the […]
Profile Software, a leading financial solutions provider, announced today that the FMS.next advanced functionality for loans management was further enriched towards improving and simplifying the end-to-end process, over a wide range of business requirements. In view of all the legislative directives towards industries’ support globally, following the pandemic, technology is mobilised to effectively cover these […]
The cybersecurity and information resilience team at BSI is advising organisations to remain alert to an increase in Business Email Compromise (BEC) attacks during the peak vacation season. A recent report revealed that almost half of organisations have at least one compromised account, stressing the importance for organisations to have proper email security governance and […]
Just Cashflow is introducing a significantly enhanced Broker Portal that both increase the speed, efficiency and security of the application process and utilises leading fraud prevention software. Just Cashflow’s executive chairman John Davies says,”The enhancements to our portal have been driven by feedback from brokers. The result is a focus on ease of submission, transparency […]
The government is reportedly examining how the ‘the tax system raises sufficient revenue’ to cover the cost of lost business rates, as the coronavirus pandemic continues to bankrupt many high street businesses. The Times newspaper reported on Monday that, following last week’s Treasury consultation paper on business rates, Chancellor Sunak is considering a 2% levy […]
