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AQMetrics adds MiFID II readiness enhancements to RegTech solution
Thursday, 12 January 2017
Leading RegTech company, AQMetrics, today announced new enhancements to its end-to-end risk and compliance solution as part of its award-winning cloud-based platform. These enhancements will help both buy-side and sell-side firms better prepare for MiFID II (Markets in Financial Instruments Directive II), a year in advance of the regulatory deadline of January 2018.  
UK banks are losing half of new online account applications due to outdated ID checking processes
Wednesday, 11 January 2017
Identity confirmation provider HooYu today released its Digital Banking Benchmark Report. The report analyses the online account opening performance of five of the UK’s top retail banks to investigate where banks can improve their online account opening processes.
Cashfloat continues to provide responsible lending and extends contract with Callcredit
Tuesday, 10 January 2017
Callcredit Information Group today announces it has extended its partnership contract to provide credit risk, affordability and fraud prevention solutions to specialist lender Cashfloat.  As part of the extended partnership Cashfloat will be trialling a number of additional fraud solutions focused on digital channels such as email, phone and device identification.
Business funder Reparo expands with launch of new multimillion pound fund
Monday, 09 January 2017
Business lender Reparo Finance has announced a significant expansion following a new eight figure fund to provide medium term business funding across the North.  
Six months to MLD4; are companies ready?
Monday, 09 January 2017
As the six month countdown to implement the fourth EU Money Laundering Directive (MLD4) begins, companies need to ensure they are ready for the new requirements, or they risk hefty penalties.  John Marsden, Head of ID and Fraud at Equifax comments: 
Ann Francke, CMI, comments on the today's UK productivity stats
Monday, 09 January 2017
In light of the ONS UK productivity statistics for Q3 showing an improvement in productivity, Ann Francke, Chief Executive of the Chartered Management Institute (CMI) has released the following statement: “Despite productivity improving, the UK continues to sustainably  lag behind our G7 competitors. The ‘always on’ culture of constantly checking emails on smartphones and tablets out of office hours is having a deleterious effect on the health of managers, which has a direct impact on productivity. UK workers already have the longest hours in Europe and yet we’re less productive.
Ground Breaking New Lending Structure Creates £50m of Loan Funding For Small Businesses
Friday, 06 January 2017
Alternative Lender, Just Loans Group, has broken new ground by raising £50m of new funding through a rated tradable bond structure backed by a portfolio of small business loans.  
Data Interchange gains Government PEPPOL approval
Friday, 06 January 2017
Leading EDI company Data Interchange has announced that has been awarded a place on the Crown Commercial Service (CCS) PEPPOL (Pan-European Public Procurement Online) access point framework.  
SMMT car registrations: "2016 has been another great year for the sector"
Friday, 06 January 2017
Chris Bosworth, Director of Strategy at Close Brothers Motor Finance comments on the SMMT UK monthly automotive registration figures for December:  “December’s new car registration figures confirm that 2016 has been another great year for the sector, with sales in the new market surpassing 2.7 million registrations for the first time in recent history. This demonstrates the resilience of the motor industry, despite the uncertainty created by the vote for Brexit. 
Equifax and Castlight launch first real-time affordability platform for mortgages
Friday, 06 January 2017
Equifax, the consumer and business insights expert, has formed a new strategic partnership with Castlight, the leading financial capability company, to launch the first real-time affordability platform to support brokers and their clients with mortgage applications. The system will reduce the time it takes to make a mortgage application to as little as ten minutes. 
Gabriella Kindert, Head of Alternative Credit at NN IP, outlines her predictions
Thursday, 05 January 2017
“European banks will continue to shrink their balance sheets and will invest in new business models and partnerships in 2017,” according to Gabriella Kindert, Head of Alternative Credit at NN Investment Partners, outlining her predictions for the Alternative Lending landscape in 2017.  
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