Sat.May 02, 2020

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The Finanser’s Week: 27th April 2020 – 3rd May 2020

Chris Skinner

The main blog headlines are … What will the world be like when #coronavirus ends? (Part One) Most of the people around the world have savings that can last them less than a month. In the USA, 29% of households have less than $1,000 in savings; in the UK, 15% … The post The Finanser’s Week: 27th April 2020 – 3rd May 2020 appeared first on Chris Skinner's blog.

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Interest on UK coronavirus bounce-back loans to be capped at 2.5%

TheGuardian

Treasury also confirms scheme for businesses will be exempt from consumer protection laws Coronavirus – latest updates See all our coronavirus coverage Banks have been told they cannot charge more than 2.5% interest on a new batch of emergency coronavirus business loans to be launched on Monday as part of efforts to support struggling firms during the pandemic.

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Scangroup plans online EGM

Bankelele

WPP Scangroup will hold an online meeting for shareholders to approve the sale of its Kantar business.

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The promise of an Oxford vaccine reveals how a new Britain could thrive | Will Hutton

TheGuardian

The partnership between AstraZeneca and the Jenner Institute should jolt our industry and banks Coronavirus latest updates See all our coronavirus coverage There was some good news last week. Oxford University’s Jenner Institute announced it was teaming up with AstraZeneca to take a promising prototype of coronavirus vaccine into volume production by the autumn.

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper

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Contemplating 75 years of freedom: a dark story on three Dutch lessons never learnt

Money and Payments

First of all I must warn all readers. This is not a happy blogpost. It is not funny. It is a dark and sobering tale of lessons that we should have learnt in the Netherlands. A tale about lessons that we never learnt. Lessons that still hold immense value today. Lessons that we owe it to be taken to heart when we reflect on the 75 years of freedom that we will celebrate next week.

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