Three ways to optimise the finance function during COVID-19
It’s important to find areas of your business that can create positive returns.
It’s important to find areas of your business that can create positive returns.
We focus one particular coronavirus news item affecting the fintech industry.
Sean Hunter CIO at OakNorth, offers his advice to companies struggling to make a partnership work.
“Most banks are saying they have offerings [for small businesses] when they don’t.”
The average value being withdrawn has gone up from £65 to £82.
Data that is submitted manually for compliance in many cases can be erroneous.
Senior bankers had worked over the weekend on the basis that the ceiling would be £25k.
Funding Options says HM Treasury should “embrace the full ecosystem of lenders” in the SME sector.
London-headquartered bank releases Q1 earnings with stark warning for Europe.
“We are increasingly observing an ‘America first’ attitude among large US banks.”
These new joiners can lend between £10,000 and £5 million to small businesses.
The card has a £100 limit which can be refreshed every five days.
Leaders and managers may find themselves in a response management mode that is unfamiliar.
IBI’s self-service analytics are designed exclusively for credit unions.
Barclays is extending its support to businesses not covered by CBILS or CFF.
The group is welcoming all UK lenders to join the effort to keep British SMEs afloat.
Highlighting how tech companies have come to the rescue during the COVID-19 crisis.
#FinancialInclusionMatters has been created to show support for TIF’s work and spread the word.
“Our AI can expedite accurate decision making and help the front line staff,” says Temenos.
Roughly 80% of PPP applicants are still waiting on loans, says NFIB.
Some trading apps see their future in the saving market.
The cards are loaded with money from Italy’s €400 million Solidarity Fund.
During these difficult times the survival of many companies will depend on their ability to adjust to a new reality.
Start-ups can apply for loans between £125,000 and £5 million.
The marketplace has already originated more than £6.2 billion in loans.
The fintech is headed by ex-Virgin Money CEO Dame Jayne-Anne Gadhia.
This week, we focus one particular coronavirus news item affecting the fintech industry.
FinTech Futures’ weekly news round-up.
Tune in to hear what Gemini’s MD for Europe, Julian Sawyer, thinks about digital currencies.
Revolut’s co-founders Storonsky and Yatsenko are forgoing their salaries for a year.
Delegates that had signed up to attend will be offered a full refund.
“Entrepreneurs face their business being crushed,” says the letter.
Its aim is to help SMEs get access to the financial aid during this time of crisis.
Modern Bank is a delegated lender under the CARES Act.
“This is a race to save jobs in the present and for the future,” says PayPal.
These lenders are yet to set a date by which they can start accepting CBILS applications.
Suppliers will benefit from “several hundred million euros” early.
Donations by all three executives will also be matched by the bank.
FinTech Futures’ weekly coronavirus news wrap.
The potential for a CBDC to make such disbursements more efficient and effective is multi-faceted.