Tag: coronavirus

Stellar Development Foundation injects $550,000 into SatoshiPay despite COVID-19 restrictions

SatoshiPay is set to keep developing its B"B solution after the the Stellar Development Foundation made a strategic investment of $550,000 by way of convertible loan notes into the company.

Nimbla and Wiserfunding sign partnership to protect UK SMEs from insolvency

With over 500,000 UK SMEs facing significant financial distress because of COVID-19, the partnership between invoice insurance provider Nimbla and credit risk assessment platform Wiserfunding could provide some peace of mind.

Eos Venture Partners closes new fund to capitalise on opportunities arising...

InsurTech-focused investment firm Eos Venture Partners has closed its latest vehicle to seek opportunities in the digitalisation of insurance caused by the coronavirus.

FIS launches EPIC solution for remote working

Financial technology leader FIS has unveiled its latest solution to help financial institutions and businesses enhance the efficiency of their global operations while managing an increasingly remote workforce.

Three ways the coronavirus could change RegTech

From: RegTech Analyst The COVID-19 pandemic has presented the RegTech community with both challenges and opportunities. It’s easy to see how society has changed over...

Sensibill picks up $5m in debt financing

Having been forced to sack several employees because of COVID-19, Sensibill has raised $5m in debt financing from CIBC Innovation Banking. The exact number...

Monzo CEO steps down to become company president

Tom Blomfield has swapped his CEO title for a president role at Monzo as the challenger bank is dealing with COVID-19 fallout.

Almost a quarter of homeworkers don’t think about data protection policies...

The coronavirus has forced many companies to embrace remote working. However, this could lead to laps in data protection compliance, according to new research from data discovery software platform Exonar.

ClearScore unveils new Credit For Key Workers initiative

In a time when the UK relies on key workers to keep the country running, many of these professionals have seen the credit offerings available to them reduced, which is something ClearScore hopes to change with its new initiative.

INSTANDA boss welcomes FCA measures to protect insurance policy holders but...

INSTANDA's CEO has welcomed the Financial Conduct Authority's (FCA) measures to protect insurance customers, but argued that the COVID-19 crisis has highlighted the need for the industry to evolve.

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