Megan Boyle

Cashflows And Judopay To Offer More Businesses Access To Flexible Funding Read the full story here: 👇 https://lnkd.in/eRY6xmFB #funding #SMEs #payments #fintechboostup

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The Lending Standards Board Adds SME Lender iwoca to Business Standards Registration Seema Desai, Chief Operations Officer at iwoca added: “Our registration with the LSB’s business Standards provides assurance to our customers that we continue to put fair treatment of our SME customers at centre-stage, and is a sign of our commitment to the highest standards of conduct.”  https://lnkd.in/eYjvBSma Emma Lovell Brian Clarke Olivia Bamber Anna Roughley Mark Di-Toro Farah Sisalem Quentin Rouillon Fred Kisielewski #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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Cash reserves - how much does your business have? Would they be enough to survive an unexpected dip in trade? Research carried out by card payment processor Dojo has found that: ❗ 1 in 5 businesses doesn’t have any emergency buffer to support business operations ❗ 1 in 2 businesses have overdue and late payments owed to them. Their research suggests that 110,000 small businesses in the UK are at risk of bankruptcy. You can read the full research here: https://lnkd.in/e44As-fJ If your business is running off cash reserves or you can see a cash flow crisis on the horizon, call the team at TruSolv on 0808 196 8676. #Insolvency #Bankruptcy #Debt

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Find out how small repayments can make a big impact on your clients' borrowing costs https://okt.to/oWFH7A #costofborrowing #overpayments #laterlifelender Sanjay Gadhia

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We're not just another comparison website. Here's why: 1️⃣ - Real-time and transparent pricing, even generating Payment Systems Regulator quotations from multiple acquirers. 2️⃣ - In-site adjustments to match your EXACT payments profile.  3️⃣ - Most leading U.K. acquirers are on site. 4️⃣ - Unique middleware that integrates your application straight into your chosen acquirer.  5️⃣ - Apply DIRECTLY on site and be kept up to date with the progress of your applications. 6️⃣- We do NOT aggregate your data across firms to bombard you with phone calls. 7️⃣ - Knowledgeable staff on hand to help with any questions whilst in search.  Head to the website now ➡️

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There are reviews... and then there's Loan.co.uk 5-star reviews! ⭐⭐⭐⭐⭐ You don't get much better than this one #SecuredLoan Is your customer as happy as this? The perfect solution to a customer's borrowing needs. Done properly by our team of experts. "What an amazing team of professionals. I have been a long standing mortgage customer of a well known bank and was struggling to achieve more borrowing to consolidate debts even with a healthy loan to value ratio. One phone call to loan.co.uk and smooth sailing all the way." "Delightful friendly people who appear to love their work, understand that they are there to help you, find solutions and make things happen without any sense of judgement over your previous financial choices." "I have saved over £600 per month and have been able to pay off all credit cards and overdraft, protect my income, plus have money for new windows, doors, and cladding." "The communication of progress gave me so much confidence in them. If they keep this standard of customer service up I will never go anywhere else." #Loans #Mortgages #Debt #Advice #MortgageBrokers #MortgageAdvice #SecondCharge Philip Bailey Christopher Steele Mike Peet Samantha Cowburn Robert Walshe Ronan McCaughley Stacey Thompson

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Broken Business Savings Market Is Costing British SMEs £9 Billion a Year in Missing Interest Richard Davies, CEO of Allica Bank, said:  “There’s no question the SME savings market is broken. “The fact the SME savings penalty has got larger since we first did our research last year – while the Bank rate has reduced slightly – is a travesty many SMEs will find hard to understand. “It’s very unfair SMEs don’t get similar rates to large companies, and our research suggests big banks won’t be improving their rates for SMEs any time soon. “It’s time for something to be done to make that change, get SMEs a better deal and release billions of pounds into the real economy.” https://lnkd.in/eqAmuVCf Chloe Fenton (née Vaidya) Georgie Burks Joe Jones James Heath Ravneet Shah Conrad Ford Mitch (Munish) Trehan Nick Baker #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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📘 Introducing our new Lending Fraud Glossary! With new schemes constantly emerging, we've compiled definitions for terms related to lending fraud so you can stay informed. Test your knowledge with our latest quiz and explore our new glossary. https://lnkd.in/e9Evsn8Q #fraud #riskmanagement #fraudprevention

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Banking Complaints Surge as Which? and Payments Association Lock Horns Over Fraud Rules Which? and The Payments Association are at odds over their approach to tackling payment fraud as new figures show soaring scam cases. Read More: https://lnkd.in/eC9pRWGe

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Savers’ Interests Must Be at the Heart of Pension Market Changes, PensionBee UK States in DWP Pension Investment Review Response Rebecca O'Connor FRSA, Director (VP) Public Affairs at PensionBee, commented: “It is crucial that any changes prioritise savers’ best interests. While consolidation offers potential benefits like reduced costs and regulatory simplicity, it is not a silver bullet for stronger returns, but it can facilitate the expertise needed to drive an expansion into more complex asset classes. “We urge the Government to focus on fostering a diverse investment landscape that balances innovation with protection, ensuring savers’ rights are upheld at every step. A unified regulatory approach, the offering of incentives like tax relief and the development of innovative solutions to solve the problem of asset class illiquidity, could unlock new investment in UK productive assets, while safeguarding long-term growth and security for savers.” https://lnkd.in/eTNm_HsV Steven Kennedy Laura Dunn-Sims Ffion White Rachael Oku Brooke Day Romina Savova Neill Vandenberg #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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ColCap UK and Molo Complete £300 Million Securitisation ColCap UK’s Treasurer, Paolo Tanca, commented, “This deal represents a significant milestone for us, showcasing our ability to structure and execute successful RMBS transactions in the UK market. We are excited about the opportunities for future growth and expansion.” Esther Morley Matthew Kimber https://lnkd.in/eyBXKnyR #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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Woodhurst Partners With Bath Building Society Richard Ingle, Bath Building Society CEO, shares his vision for the future: “We are on a journey to becoming a highly sustainable, modern Building Society, with modern systems and processes that allow us to deliver real value to our members and customers, while maintaining the human touch. We have had a busy couple of years so far on our journey, most recently launching a refreshed Bath Online to allow customers access to our services via web or app, but we are still early on in our modernisation journey with many exciting developments for our customers still to come.”   https://lnkd.in/e7JxS5uV Stephen Burnard Emma Davis, DipPFS, Cert CII (FS) Jason Wilmot Jo Gillow Craig Brown Kyle Greck Ben Nadel Josh Rix Navpreet Parmar Luke Casey Alex Bywater Tiffany Hardie-Albutt #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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📢 The FCA’s Payments Consumer Duty Multi-Firm Review: What It Means for Your Business & How Alpha Compliance Solutions Can Help 📢 The FCA's recent Payments Consumer Duty Multi-Firm Review sets a new standard for customer care in the payments sector, requiring firms to prioritise customer outcomes across all aspects of their service—from product value and clear communication to the treatment of vulnerable customers. Here’s how Alpha Compliance Solutions can help your business navigate these new rules effectively: ✅ Product & Service Audits – Ensuring your offerings meet evolving customer needs and align with Consumer Duty standards. ✅ Pricing Model Reviews – Transparent pricing structures that deliver fair value to every customer. ✅ Risk Management Frameworks – Proactively addressing potential risks to protect customer outcomes. ✅ Customer Communication Support – Jargon-free, straightforward strategies to help customers truly understand your services. ✅ Vulnerable Customer Care – Dedicated support and tailored services for customers who need it most. At Alpha Compliance Solutions, we’re committed to helping your business achieve compliance and succeed in a customer-first landscape. Don’t just take our word for it—see what our clients have to say on Trustpilot (https://lnkd.in/e35JUuZr. 📞 Contact us: 020 3633 0203 📧 Email us: [email protected] 🌐 Visit our website: https://lnkd.in/eEbDZEr4 #Compliance #ConsumerDuty #Payments #CustomerCare #AlphaComplianceSolutions #FCARules #Governance #FinancialRegulations #PaymentsConsumerDuty #PCDR #FCA #FinancialRegulation #ConsumerProtection #FinancialServices #FinTech #OpenBanking #DigitalPayments #PaymentInnovation #RegulatoryCompliance #FinancialInclusion #CustomerExperience

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Business Confidence Holds Steady Highlighting Optimistic Outlook from UK Businesses Hann-Ju Ho, Senior Economist, Lloyds Bank Commercial Banking said: “We are beginning to see a consistent trend emerge from our Barometer results in recent months. Businesses are feeling increasingly confident about the economy, coinciding with falling inflation and hopes that interest rates will start to fall this year. “There continues to be a mixed picture among the regions, with the biggest rises seen in Wales and the South West. The strongest confidence was reported in the East of England, with confidence rising for the third consecutive month. Confidence in the North East eased slightly but remained strong in April. “The second quarter of 2024 has started brightly for businesses, and we are seeing firms expressing greater confidence in an enduring economic recovery.” https://lnkd.in/eg-utkrb Paul Gordon #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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Digital bank Monzo has swung to profit for the first time, writes Frances Coppola. But its new-found profitability could prove short-lived as the end may be nigh for “narrow banks”. Full-year results just released show pre-tax profits of £15.4mn, generated largely from higher net-interest margins. Monzo, like most banks, has benefited from the Bank of England’s high interest rates. But like many of the challenger banks that grew from the ashes of the 2008 financial crisis, Monzo should be classed as a “narrow bank”. Its business model is focused largely on depository services and payments, and what little lending it does is also payments-related (credit cards and “buy-now-pay-later”). Its balance sheet is more like that of a payments processor than a traditional bank: against some £11bn of deposits, it holds £7bn of cash reserves at the BoE and £3bn of government and supranational debt. Loans make up only 15 per cent of its balance sheet. This business model amounts to an unhedged bet on BoE interest rate policy, Frances writes. Read more here https://lnkd.in/e79pQGWH #Monzo #bankingindustry #narrowbanks

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EXCLUSIVE: Bank of England's CHAPS Payments System Goes Down - The Payments Industry Reacts "A global payments technical issue caused The Bank of England's CHAPS payment system yesterday (Thursday 18th July) to fail leaving a large proportion of time-sensitive and high-value payments delayed. According to The Bank of England in February 2021, the average daily value of CHAPS payments was £341 billion, and the bank-to-bank payments system is used by individuals who are buying expensive items like a car or to paying a deposit on a house. Meanwhile, financial institutions and the largest businesses in the UK use CHAPS to settle foreign exchange transactions and money market settlements. Many more financial institutions also access the CHAPS system indirectly and make payments via direct participants which is knowns as agency or correspondent banking." https://lnkd.in/eGiRuPMq Tribe Payments Alex Reddish CONCRYT Ryta Zasiekina PEXA Joe Pepper Lauren Towner #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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Experience the perfect funding solution with #NFS – tailored to meet your business needs, whenever you need it. Whether it’s for expansion or operations, we’ve got the right funding for you. Get funds in your business bank account in no time! Learn more at www.nfs-uk.com - #NFS #Finance #business #marketing #funds #funding #loan #london #pounds #entreprenuer

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