With the Office for Budget Responsibility forecasting that the UK economy will be in recession until the third quarter of 2023*, new research from Novuna Business Finance has found that the prospect of stormy seas ahead in the coming year is prompting eight in 10 small businesses to take fortifying action. The research tracked the […]
Paymentology, the world’s first truly global issuer-processor, is today proud to announce its support of customer Tweeq, a leading Saudi Fintech, on being among the first in the Kingdom to achieve an e-money license from The Saudi Central Bank (SAMA). With its official SAMA license, Tweeq will soon launch its mobile-first super-app which boasts an […]
Washington, DC – “The FDIC’s latest Quarterly Banking Profile for the third quarter shows that the banking sector remains strong even as banks of all sizes exercise appropriate caution during a period of economic uncertainty. Broad-based loan growth and higher net interest income spurred by the Federal Reserve’s rate increases combined to boost bank revenue […]
StepChange is delighted to announce the appointment of Charlotte Chambers to head up the charity’s vital ongoing technology investment and transformation programme. Charlotte is currently leading on one of the largest eCommerce technology transformation programmes in Europe at Asda. She joins the charity at a time when the drive for efficiencies across the debt advice […]
The latest market insight by property purchasing specialist, House Buyer Bureau, has revealed that while the market has started to cool where buyer demand is concerned, home sellers are still rushing to list their homes, with this surplus of for sale stock likely to hasten the rate at which house prices are declining across the […]
The cost of living crisis threatens the Christmases of 11m Britons as concerns over energy prices prompt them to cancel or abandon plans.1 According to smart money platform, Credit Karma, nearly a third (30%) of adults have no money set aside to cover the energy costs of the holidays this year as high rates sting […]
House prices fell 1.4% in a month – the biggest monthly fall since June 2020. They’re up 4.4% in the year to October – down from 7.2% in September. Nationwide puts the average house price at £263,788. Someone with a 20% deposit, borrowing 4 times their income, in London and the South East, would need […]
Tuscan Capital, the short-term property finance specialist, has announced that its Fast Track process, introduced in July 2022, has brought major improvements to its turnaround and completion times, as well as significantly increasing loan enquiry and conversion figures. Fast Track allows an AVM to be used as an alternative to a RICS property valuation and […]
Phoebus Software Limited (PSL) has added Jade ThirdEye to its strategic partner programme to offer its clients an anti-money laundering (AML) and financial crime solution. Jade ThirdEye is a secure Software as a Service (SaaS) cloud-based system which provides automated transaction monitoring for AML and counter-terrorist financing. PSL’s clients can use Jade ThirdEye to customise […]
Having enough money is more important to the majority of the UK’s over-50s than their health or spending time with their families, a new survey has revealed. More than half (56 per cent) of more than 2,000 50-90 year-old Britons chose financial stability and maintaining their standard of living as the most important priority in […]
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