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Lloyds Bank has teamed up with Cleareye.ai to enhance the efficiency of trade finance processing through artificial intelligence (AI). The collaboration will utilize AI-powered technology, including optical character recognition, machine learning, and natural language processing, to extract critical information from...
#AI#Cleareye.ai#digitisation
The latest Lloyds Bank Business Barometer showed that business confidence remained at 50 per cent in August. Although there was…
#Hann-Ju Ho#Lloyds Bank Business Barometer#Paul Gordon
A Scottish firm selling specialist machinery has won a £1.1m export contract following support from UK Export Finance (UKEF). UKEF…
#Graham Vance#Lara McGrath#RAM Engineering
Time Finance plc, the AIM listed independent specialist finance provider, has announced the approval as an accredited lending partner under…
#CBILS#Ed Rimmer#Growth Guarantee Scheme
British honey brand Hilltop Honey has secured a banking package from Santander UK totalling £10m to support it with its…
#Hilltpo Honey#International Trade#invoice finance
Close Brothers Commercial Finance has partnered with the Strategic Banking Corporation of Ireland (SBCI) to provide a low-cost funding scheme…
#Charlie McConalogue#Ciaran McAreavey#Close Brothers Commercial Finance
Lendscape is proud to announce the successful transition of NL Factoring 360 B.V.'s operations to the Amazon Web Services (AWS)…
#Amazon Web Services#asset based lending#cloud
IFC has partnered with the Central Bank of the Republic of Kosovo (CBK) to develop and expand digital financial services…
#Central Bank of Kosovo#IFC#SECO
Norwegian software vendor Commercial Banking Applications AS (CBA), today confirmed that ABN AMRO Bank has gone live using the comprehensive…
#ABN AMRO#CBA#KYC
Navigate Commercial Finance is celebrating its second year in Birmingham, during which the team has seen £200m of funding requirements…
#Adam Cooksley#Navigate Commercial Finance#Paul Varley
Commenting on UK inflation's rise as long-term liquidity concerns intensify for SMEs, Douglas Grant, Group CEO at Manx Financial Group…
#Douglas Grant#inflation#long term liquidity
Tokio Marine HCC, a global insurance group based in Houston, Texas, and part of Japan’s Tokio Marine Group, has announced…
#credit insurer#credit risk#risk
Unifiedpost Group SA (Unifiedpost), a leading provider of integrated business communications, announced that its payment institute, Unifiedpost Payments SA, has…
#bank#digital#invoice