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Virgin Money, the owner of Glasgow-based Clydesdale Bank, has added Fluidly to its growing list of FinTech partners as the bank continues to develop its new business banking offer for customers.

Edinburgh-headquartered technical advisory firm ITPEnergised has secured a six-figure funding deal from Barclays to support its growth aspirations. The firm enjoyed strong revenue growth in the financial year 2019-2020. It has continued to expand its operations and headcount in the current financial

The Scottish Government has published plans to increase the value of private investment flowing into Scotland and make the country a global centre of ethical finance. The Global Capital Investment Plan contains 30 measures to increase the availability of private capital to businesses and projects wh

Standard Life Aberdeen (SLA) has reported a drop in operating profits from £301 million in 2019 to £219m in 2020. SLA's full-year results revealed that fee-based revenue of £1.425 billion was also down from £1.634bn, however, the financial services firm blamed this on the imp

TranSwap, a Singapore fintech company, has officially launched a new global R&D centre at the University of Edinburgh. Located at Bayes Centre, the global R&D centre aims to drive technology and market-led innovation in cross-border financial solutions, enabling TranSwap to sustain and stren

Virgin Money, the owner of Glasgow-based Clydesdale Bank, is expanding its partnership with FinTech data expert company Life Moments, to focus on the development of the sustainability elements of the Virgin Money offer to its business banking customers. The agreement is the latest partnership f

Jason Cozens, founder & CEO of fintech Glint, discusses the role banks will play in the future of alternative global currencies.  For centuries, consumers have had no choice but to trust in the banking system. Anyone looking to secure their financial future was encouraged to entrust their s

Edinburgh-based private bank Hampden & Co has appointed Caroline Taylor as a non-executive director and chair of the UK private bank’s Remuneration Committee. Ms Taylor has more than 25 years’ global executive experience in the financial services sector with a background in

More support for international trade and low carbon business strategies are two of the main asks from mid-market business leaders in Scotland, according to a survey carried out by advisory firm Grant Thornton in the days following Holyrood’s budget.  The survey found that 48% were very op

The Financial Conduct Authority (FCA) has today published final guidance clarifying its expectations of firms on the fair treatment of vulnerable customers. The guidance aims to drive improvements in the way firms treat vulnerable consumers so that they are consistently able to achieve outcomes that

A new study by cybersecurity firm ESET has found that 24% of UK business leaders believe cross-border payments could help drive business profitability, amidst a period of complexity and confusion following the country’s exit from the European Union.

Glasgow entrepreneur Craig Alexander Rattray hopes to prevent companies going bust during lockdown with a new book on the importance of cash flow. Penned in partnership with Canadian accounting expert Jeff Borschowa, it is designed to provide owners with all they need to know to keep their businesse

Housebuilder and offsite timber systems manufacturer Stewart Milne Group has bounced back to profitability following a “transitional” financial year in 2018/19 which was adversely impacted by poor market conditions and exceptional items of £43 million. Historic accounts for a&

The Financial Conduct Authority (FCA) has published a report on change and innovation in the unsecured consumer credit market following a Review by its former interim chief executive, Christopher Woolard CBE. The Woolard Review sets out how regulation can better support a healthy market for unsecure

Ian Campbell, director and chartered financial planner at AAB Wealth, discusses the future of pensions. The only function of economic forecasting is to make astrology look respectable.” At AAB Wealth we agree with this view by the American economist, John Kenneth Galbraith, particularly in lig