UK businesses report losing £8 for every £100 billed in the last year due to the non-payment of invoices, according to the research by trade credit insurer Atradius. The Atradius Payment Practices Barometer reveals nearly half […]
Newgen Software is pleased to announce that Premium Credit Limited, the leading provider of premium finance in the UK and Ireland, has selected Newgen’s automation platform to enhance their premium finance process for business insurance customers. Leveraging Newgen’s Loan […]
Over the next 12 months, 36% of SMEs expect to see their income grow, compared to just one in four (24%) who anticipate it will fall. Some 12% of businesses expect to see double digit […]
Trade credit insurer Atradius has published 2021’s annual Payment Practices Barometer Survey Results for Western Europe. Denmark had the highest percentage of overdue invoices and write-offs at 62% and 14% of the total value of B2B invoices respectively. […]
Fintech business insurance startup Nimbla has today announced a £5.1m funding round led by Silicon Valley venture fund Fin VC with participation from Barclays Bank. The funding comes as Nimbla seeks to scale its operations with increased […]
Although many people and companies in the UK have done very nicely from the pandemic, with grants, furlough schemes or just sneaking a second job for cash into the household budget, others haven’t had it […]
The Financial Conduct Authority has fined Credit Suisse over £147 million for serious financial crime due diligence failings related to loans worth over US$1.3 billion, which the bank arranged for the Republic of Mozambique. These […]
The latest from MCE; MCE is trialling a new approach to Third Party Interventions (TPI’s) with ambitions to save around £8m in costs annually. Principally, the cost savings will come from reducing MCE’s exposure to […]
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