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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
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
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
The SME Finance Taskforce, comprising major banks, alternative lenders, fintechs, accountancy software providers, payment schemes, credit reference agencies, and industry…
#alternative finance#fintech#sme finance taskforce
Cashflows has announced that its flexible, fixed-fee business funding solution, Cashflows Advance, has been added to Judopay’s offering. The move…
#Cahsflows#Judopay#sme finance
NatWest Group has announced that Paul Edwards has been appointed to lead the banking group’s asset finance business (ABL), Lombard,…
#Andy Gray#Ian Isaac#Lombard
Following the publication of the latest UK interest rate decision, industry specialists have commented on the outcome for both the…
#Bibby Financial Services#Douglas Grant#Lenvi