In Reference Appointments & Updates Appointments & Updates
attend the races with a sustainable electric car and bringing other future innovations to RX. “I feel that WorldRX racing is a great
match with important values that are part of Ferratum’s DNA – innovation in technology, commitment to a sustainable future and speed, be it on the racing track or when delivering digital financial solutions to our customers in more than 20 global markets,” said Ferratum’s CEO and founder Jorma Jokela. Ferratum Team aims at bringing future
innovations to RX and attending the races with an electric car in the longer run, perhaps as soon as in 2022 already. “It reflects much of Ferratum’s current FinTech transformation into a fully digital modern bank, providing our customers with financial advice and a variety of tailored financial solutions in real time, completely digitally. Commitment to a sustainable future is
part of our Nordic FinTech roots, so we are very proud to drive that innovation with
The Lloyds Bank has released its Barometer today. Key statistics show: overall business confidence improved for third consecutive month, up eight percentage points to -14%, but remained well below the long-term historical average. Trading prospects for the next 12 months rose nine
percentage points to -14%, the largest monthly increase for three years. Also the retail sector had higher percentages of firms
Edward Thorne
reporting a negative impact on demand at 64%. Edward Thorne, UK managing director at Dun & Bradstreet said: “SMEs
are the driving force of the UK economy, making up the majority of the UK’s private sector. “The latest barometer results and continued increase in business confidence
is positive news after a turbulent six months for many companies. “Despite signs of recovery, it remains a challenging time for many businesses
with the latest data from Dun & Bradstreet suggesting that payment performance is worsening.”
Jani Paasonen also in the WorldRX field,” said Evelin Ojamets, head of brand and creative production for Ferratum globally and manager of the WorldRX sponsorship
The full economic and business impact of the Covid-19 crisis is yet to be felt, with the preservation of cashflow and investment in new technologies to predict risk being issues that will shape the agenda of business leaders over the coming months, according to Euler Hermes chairman Wilfred Verstraete. In a letter to the company’s 66,0000 clients Mr Verstraete states: “the disastrous economic consequences of Covid-19 are still in front of us and we must be realistic about what they entail.” Euler Hermes, the world leader in trade credit insurance,
project in the company. Stonebridge, the mortgage and insurance network, has today announced it processed well over £1bn worth of mortgage applications during July. The network said this was a record month
for lending applications, with the network’s member firms and their advisers placing over 5,500 cases during the month. Chief executive, Rob Clifford, said: “In
Wilfred Verstraete
predicts that global GDP will contract by -4.7% in 2020, followed by growth of 4.8% in 2021, global insolvencies will increase by 35% by 2021, and global trade volumes will contract by -15% in 2020, with a recovery of +8% in 2021 and +4.1% in 2022. Export losses (US$4.5tr in 2020) will also reveal large asymmetries between countries and sectors. Global GDP growth is only likely to return to pre-crisis levels at the end of 2021, and worldwide trade will not to return to pre-crisis levels before 2023. Mr Verstraete said: “Now is the time for business leaders and their financial
services providers to invest in technologies to better understand and predict risk, focus on driving future growth, minimizing risk and management of future crises or subsequent waves of this pandemic. As we continue into the second half of a very difficult year, knowing tomorrow will not look the same as yesterday; we believe it is now crucial to shift our focus from resilience to adaptation, to face the future with courage.”
September 2020
www.CCRMagazine.com
what has been an incredibly challenging time for all, we are very pleased to be able to announce that July saw our AR firms and advisers place a record amount of lending applications, exceeding the £1bn mark after a very strong June. “August is also looking positive, and the
post-lockdown enthusiasm plus stamp duty changes are clearly creating increased demand for advice which our AR firms are well-placed to take advantage of, with the strong level of support we provide as their network.” Azzurro Associates, has appointed experi- enced fintech executive Stefan Acklam as finance director. He said: “Azzurro Associates is a
well-funded business that is clearly at a very exciting stage of its development.
>> 47
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52