The spread of COVID-19, commonly referred to as the coronavirus, is an exceptional event that’s becoming an increasing public and workplace priority. In this article the authors offer essential legal and practical advice for businesses concerned about Coronavirus.
Since 2018, public pushes for degradable products and environmental marketing have been commonplace. Increasingly, companies are using disposable coffee cups, recycled paper and biodegradable plastic alternatives.
Atradius year-end results
It was another solid year of figures for global provider of credit insurance, bond and surety, collections and information services, Atradius which saw year-end result increases 12.4% to €227.7m, insurance premium rises 6.7%.
International debt collection specialist Atradius Collections has appointed a new Country Director for the UK and Ireland.
One of the leading credit card companies in Switzerland, Swisscard AECS GmbH, has optimized its early collections using FICO analytics resulting in a 50% increase in revenue from billable collection expenses.
Annual results for the Grupo Catalana Occidente, of which trade credit insurer Atradius is a member, has increased by 9.9% to €424.5 million.
Pharmacovigilance (PV) solutions and services provider, Arriello is adopting Veeva Vault Safety™ as part of the company’s continued growth in pharmacovigilance operations
A leader in voice recording and enterprise workforce optimization solutions provider, Business Systems (UK), has announced a sharp rise in demand for Wordwatch, its multi-vendor call recording management portal.
The latest country report on the United States, Mexico and Canad region by trade credit insurer, Atradius highlights the slowdown in the US economy with GDP forecast to decline from an estimated 2.3% in 2019 to 1.7% in 2020 and 2021.
The latest economic review of Argentina by trade credit insurer Atradius (www.atradius.co.uk) marks the 100-day milestone of centre-left Peronist Alberto Fernández’s election victory in October, and the subsequent the formation of a new government.
Providing an outstanding service to its customers is a key goal for Halo Financial, and it comes from the strong, long-term relationships Halo Financial builds with both personal and business clients by making their international payments easier.
Accountancy app specialists and developers of the leading OneApp platform, MyFirmsApp has launched a new guide looking at receipt management.
With news that the government plans to launch a review into the upcoming changes to IR35 off payroll working rules, Payroll experts XCD examine what Payrollers need to know about the controversial reform
After more than three years since the UK voted to leave the EU, the UK and European Union have parted company with a structured withdrawal agreement..5 million for the end of 2019.
Volvo Cars has selected FICO® Decision Modeler ( www.fico.com/en/products/fico-decision-modeler) to immediately onboard customers to its new Care by Volvo service.
Data breaches are pushing UK fraud losses to a record £671 million according to research by analytics software firm, FICO.
BlackRock’s management, founder and chief executive Laurence D. Fink’s letter to CEOs of 200 Top Global companies that stated “climate risk is investment risk” might arguably be able to influence/shift market sentiment and also investment behaviour towards more sustainable asset classes.
The Pound began the New Year under pressure from continued Brexit uncertainty, as markets worry whether UK Prime Minister Boris Johnson can get the UK’s exit deal from the EU over the line by 31st December 2020.
In its latest report on the steel sector, credit trade insurer, Atradi warns that rising costs and squeezed margins is continues to drive a deterioration in profits, and is forecasts that insolvencies in the sector are expected to rise by 5% in 2020.
Small food and drink producers are being urged to enhance their risk mitigation processes in a sector report by trade credit insurer Atradius, after its latest Food Market Monitor reported that with more than 45% of food consumed in the UK imported, exchange rate volatility and its impact on the cost of commodities and food items remains a key issue facing many British food producers and processors who are reliant on imports.
Global analytics leader FICO (www.fico.com) has scored a hat-trick of finalists for the Women in Credit Awards.
At the end 2019, the SFO announced charges against two former Serco executives for fraud and false accounting.
Network Rail is the latest in a long line of big-name organizations to take up Custodian for Legal from Repstor and Konexo will use the system across its legal team, for everyday matter lifecycle management.
The sad demise of Thomas Cook has not only had a devastating impact on its former 22,000 employees, but also on its creditors.
Harshad Pitkar, who runs a regulatory reporting and risk compliance consultancy in New York, and Alastair Brown, whose prior roles include CEO of Lombard Risk & CIO of RBS International Banking, join Mike Bagguley, formerly COO at Barclays International, as Board Advisors at Capital Markets data automation specialist, Inforalgo.
Atradius appoints Darren Power to its Northern Hub
Trade credit insurer, Atradius has appointment of Darren Power as head of commercial for the north.
A new AI-powered cash forecasting solution which gives Treasurers greater accuracy in their forecasts has been launched by Taulia.
Capital Markets data connectivity and integration specialist, Inforalgo (www.inforalgo.com) is seeing a surge of interest in its pre-configured Tradeweb solutions.
Coorpacademy voted top
Corporate Digital Learning expert Coorpacademy has been recognized as the leading ‘FrontRunner® for Learning Management’ by The Gartner Digital Markets Research Team.
FICO has announced that it is to partner with payment services provider Visma Connect.
New forms of fraud and financial crime can now be tackled after FICO unveils a groundbreaking AI solution - FICO Falcon.
Asia Report by Atradius
Analyzing the risks and opportunities of trading within the Asia region is the subject of the latest economic report ‘The Atradius Country Report on Asia” by trade credit insurer, Atradius (www.atradius.co.uk)
Following the news that the UK government is facing costs of £4 billion a year after being denied leave to appeal against a landmark ruling that pensions reforms discriminated against younger workers.
City lawyers predict that it will not be long before London is hit by the aftershocks of an alleged tax evasion scheme that is understood to have cost European treasuries €55 billion.
Relied on by 81 council departments and law firms in England & Wales today, Caspar, the bespoke software provides end-to-end case management solution from Trojan Consultants has been looking after the interests of vulnerable people for over three decades.
The soaring popularity of Microsoft Teams confirms the intuitive way people want to be able to collaborate today– on projects, ideas, problem-solving and decision-making.
ECM software and matter management specialists, Repstor (www.repstor.com) has launched Repstor Mobile™ to bring bring easy, quick-file functionality to iOS and Android smartphone and tablet users from within their everyday mobile email tools.
The Chartered Institute of Personnel and Development estimates 22% of new recruits leave companies within the first six months.
Capital Markets data automation specialist, Inforalgo has announced that Mike Bagguley, formerly COO at Barclays International and a respected financial investment industry leader, has invested in the firm and joins as a board advisor.
The German economy is expected to maintain solid growth for the foreseeable future, driven by domestic demand in an increasingly challenging external environment.
Secure Chorus and ISARA Corporation announce joint white paper ‘The Quantum Revolution: Security Implications and Considerations’ to address the security issues raised by quantum computing and introduces quantum-safe equivalents to replace current public key cryptosystems.
New research from the WatchGuard Threat Lab shows the emergence of the Mimikatz credential-stealing malware as a top threat and the growing popularity of brute force login attacks against web applications.
With three year growth of 257%, working solutions provider, Taulia now ranks as 1598 on Inc. Magazine’s latest Inc. 5000 list of fastest-growing private companies in America.
While the recent appointment of new Chief Executive Officer Sally Munday OBE played to the positive mood music about prospects for re-invigorated approach to leadership and corporate governance in the UK Sport boardroom with renewed prospects for increased inclusion, diversity and future medal success outside it.
A new economic report by Atradius highlights that economic uncertainty has led to a 6% drop in new car registrations in the first half the year and a significant decline in investment; from £1.7 billion in 2016 to just £347 million in H1 of 2018.
The Pensions Regulator (TPR) has announced that schemes will face greater regulatory scrutiny under new sweeping plans.
"Cryptocurrency is fast becoming the new DDos battlefield,” warns Lee Chen, CEO and Founder of A10 Network during a recent interview. “This year we can expect cryptocurrency attacks to become bigger, more frequent and more sophisticated.
Cyber security not-for-profit membership organization, Secure Chorus (www.securechorus.org) has launched its Thought Leadership Platform to raise awareness and understanding of current cyber security issues among business leaders across the public and private sectors.
Blind and partially-sighted customers of some of our biggest High St banks have been “locked out” of accessing their own money – ironically enough, thanks to banks redesigning their websites to be more user-friendly
Less businesses in Eastern Europe are offering credit to customers, according to the 'Atradius Payment Practices Barometer for Eastern Europe' a report by trade credit insurer.
the ECM adoption company, Repstor, (www.repstor.com) has announced a strategic partnership with intelligent information management solution provider M-Files and reports a series of new early customer wins.
“Internet threats are faster and stealthier than ever, and companies are being left vulnerable for hours, days, or even weeks, as perimeter security devices have become increasingly too slow to stop these attacks
The report Senior Investor Vulnerability from the Board of the International Organization of Securities Commissions (www.iosco.org) examines the growing vulnerability of ageing investors to financial fraud,unsuitable investments and other risks, and identifies sound practices for enhancing their protection.
Organizational excellence really is a feasible goal for scale-up SMEs. It’s created where people within a system are extremely good or outstanding at achieving their purpose – and that can happen at any stage of the business cycle, says Gary David Smith, CEO and Co-founder, Prism Solutions (www.prism.uk.com).
NHS Business Services Authority (NHSBSA) and Taulia and have been recognized with a prestigious award for the Best Fintech Implementation Project Management.
Economic research by top global trade credit insurer Atradius reveals major shifts in the landscape of the global ICT sector, driven by advancing technologies and changing market conditions.
Following the news that the UK's top pension funds are being grilled by MPs over how they manage financial risks posed by climate change, leading pensions lawyer Rosalind Connor,
Cyber threat intelligence work can now been simplified and streamlined using Silobreaker's latest brand-new user interface.
In-Memory computing solutions empower organizations with the speed and scalability they need to deliver real-time, massively scalable applications for use cases in financial services, fintech, IoT, software, SaaS, retail, healthcare and more.
Wi-SUN Alliance (www.wi-sun.org), the global member-based association driving the proliferation of interoperable wireless solutions for use in smart cities, smart utilities and other Internet of Things (IoT) applications, has seen membership grow by more than 60% in the last year.
Stock market investors should not be spooked by the return of volatility on U.S. and global stock markets, and instead they should instead use it to their advantage.
Office of Students register and press bluster is failing to reassure the public over UK University/HE sector finances and corporate governance.
For UK senior executives who admit their organisations have suffered at least one significant cybersecurity breach within the past two years, the associated costs of a breach are considered the most important consequence.
Network performance is intertwined with the success of today’s digital business, so it is fitting that Gartner has named Savvius (www.savvius.com), a leader in actionable network visibility, to the 2018 Magic Quadrant for Network Performance Monitoring and Diagnostics.
Cash flow gaps and payment predictability were cited as the top reasons for wanting to be paid early according to a new supplier survey by working capital solutions provider, Taulia.
New 451 Research commissioned by NTT Com (www.ntt.com) in partnership with Dell EMC, by reveals how hybrid cloud is really being implemented across 14 European countries, reveals that almost two-thirds of enterprise-sized firms said they have a strategy or pilot program for hybrid cloud in place.
Right from the outset The General Data Protection Regulation (GDPR) seems like an obvious one, but many organizations simply will not adequately plan for the GDPR changes which come into force across the EU in May 2018.
According to HR and payroll specialists, XCD EMail is now HRs biggest time stealer.
Small businesses can now benefit from a new SD-WAN scalable platform from Talari Networks (www.talari.com) with the launch of its E50 appliance that extends SD-WAN services to customers with small branch or home offices, and retail sites.
Total malware attacks are up by 33% and cyber criminals are increasingly leveraging Microsoft Office documents to trick victims and deliver malicious payloads, according to the latest Internet Security Report from WatchGuard Technologies (www.watchguard.com).
Working capital solutions provider Taulia is partnering with Google Cloud to launch Cognitive Invoicing, a new AI-powered invoicing solution that enables businesses to successfully process invoices in any file format from their suppliers.
In a first for a cybersecurity rating, FICO’s (www.fico.com) new Enterprise Security Score now includes an insurance dashboard that underwriters can use to model various risk scenarios, enabling better underwriting, pricing and portfolio decisions.
As cyber insurance is a relatively new class of insurance, underwriters have lacked historic actuarial data upon whc to base underwriting decisions. To overcome this, Barbican Insurance Group will use the FICO Enterprise Security Score in underwriting decisions.
Cyber criminals and opportunist hackers are looking forward to a good Christmas as both end users and information security professionals become distracted and may let their guards down, says the not-for-profit industry body, the IISP (Institute of Information Security Professionals (IISP)
Last year at Prism (www. prism.uk.com) had a brainwave and decided to do a whole lot more with its Christmas party budget than simply put on drinks and a spread for the staff.
Plans for London’s largest data centre campus near Stockley Park, has been unveiled by VIRTUS Data Centres (www.virtusdatacentres.com).
“It doesn’t seem that long ago where there were three main focuses on data security: hardware/application security, database security, and document management security,” explains Clive Longbottom, Founder and Research Director – Business Process Facilitation at Quocirca (www.quocirca.com).
Companies now have the power of AI at their fingertips to make better informed decisions about their working capital and cash with the next-level enhancement of Taulia’s platform.
Are you fed up with vendor scare-mongering about the challenge of complying with the General Data Protection Regulation (GDPR) and the huge fines heading your way? According to Rob Bamford, Principal Analyst Business and Communications at Quocirca (www.quocirca.com)
Risk management and compliance solutions specialists, IT Governance (www.itgovernance.co.uk) has published the second edition of its popular book “EU General
Data Protection Regulation (GDPR) – An Implementation and Compliance Guide
An independent survey reveals 75% of organizations believe they will struggle to meet EU GDPR Regulations by the deadline. The survey, which polled
500 IT decision makers in the UK, Germany, France and the US also reveals that an additional 42% say that it's not a priority for their businesses.
In a series of key announcements today, the Bank of England has kept interest rates the same today, now at a record low rate. In good news for the UK
economy, the BoE stated that the latest economic figures are painting a “slightly stronger picture” than they thought.
A new A4 colour multifunction printer (MFP) has been launched by OKI Europe
Credit referencing agency, Equifax has announced that it has been hit by a data breach in its US operations when an authorised third party gained access to
Equifax data on as many as 143 million Americans.
Companies now have the power of AI at their fingertips to make better informed decisions about their working capital and cash with the next-level enhancement of Taulia’s platform.
Working capital solutions provider Taulia has experienced spectacular growth following a number of high-profile achievements including accelerating $24 billion in early payments, expanding its network by over 5 million connections globally, and opening its first Asia Pacific office in Sydney, Australia.
Accountancy practices can now get their own branded App enabling them to connect and communicate with clients ‘anytime, anywhere and on any device’ with the help of MyFirmsApp.
LHV, the largest domestic financial group in Estonia, will use the FICO® TONBELLER® Siron® Anti Financial Crimes Suite (www.fico.com/en/risk-compliance/tonbeller) for its customer risk scoring, screening, transaction monitoring and behaviour monitoring capabilities.
As part of its commitment to improve the levels of understanding and professionalism in the face of a growing tide of cybercrime and attacks, the Institute of
Information Security Professionals (IISP) has launched a new Framework to expand on the established IISP Skills Framework.
A lack of standards-based technical security testing is putting industrial control environments and critical national infrastructure at risk, says CREST (www.crest-approved.org), the not-for-profit accreditation body representing the technical information security industry, in its latest position paper, ‘Industrial Control Systems: Technical Security Assurance’.
Whether it’s late payment, pay to stay schemes or balance sheet bonuses, small businesses are clearly still suffering at the hands of these unfair payment terms.
There were more surprises for the markets, as unexpected UK inflation data results from the Office for National Statistics (ONS) showed that the
rate of inflation in the UK has dropped from 2.9% in May to 2.6% in June.
The Eurozone manufacturing sector has seen a massive, 20-year record rise in employment, boosted by strong production growth and increased new
business according to the latest IHS Markit Eurozone Manufacturing Purchasing Managers’ Index.
IT security specialists, IT Governance (www.itgovernance.co.uk) has developed a new training course on Incident Response Management (https://tinyurl.com/yb6w2u5p) to help companies comply with GDPR and the NIS Directive.
This year, a record 79 enforcement actions have been issued by the Information Commissioner’s Office (ICO), 47 of which are monetary penalties – already more than the amount in the whole of 2016 – including the largest fine on record in relation to excessive nuisance calls.
Talari Networks has added free WAN optimisation services that run natively in the core platform, to the latest release of its resilient SD-WAN solution. It has also unveiled
a jointly-validated solution with Zscaler™ to help companies transform their hub-and-spoke network architectures to secure, direct-to-cloud connections.
The true scale of how much late payment is affecting British businesses has been revealed in a new survey from insurer, Zurich.
FICO and Innovus Consulting Services, an international consulting company for cybersecurity and digital transformation, have announced that Innovus has joined the FICO® Enterprise Security Score partner program
With so many easily accessible apps and services on offer with free, freemium and paid for versions of what looks startlingly like pretty much the same thing, how does a business owner, or IT manager for that matter, ever know what's actually going on under the bonnet of their tech?
It could be said that social responsibility and genuine ethics is the heart of crowdfunding, as ‘One To Watch’ designer brand, Beara Beara
found out when it turned to CrowdCube to grow its business.
With software solutions that protect data from insider threats and cyberattacks continuing to be in great demand, IT security software specialist, Varonis Systems (www.varonis.com) has seen its revenue increase by 30% according to the company’s latest financial results.
UBS Card Center, which processes roughly 25% of the credit cards in Switzerland, has cut the amount of fraud write-offs per compromised card, stopped more fraudulent transactions and reduced false-positive rates using the FICO® Falcon® Platform
According to new findings by Context Information Security, Cross Site Scripting, Weak Authentication and TLS (Transport Layer Security) configuration
still account for over 60% of high and critical vulnerabilities in web applications.
Terry Erisman, Vice President of Marketing at GridGain Systems tells us why the In-Memory Computing Summit is so important for our readers.
The Pensions Regulator has said that if dividend payments exceed deficit reduction contributions to a scheme, it will look more closely at whether the employer can
afford to – and should – pay higher contributions.
The sun is shining and spring is in the air – must be ISA season again!” says Tony De Nazareth, founder of the Crowd for Angels (www.crowdforangels.com)
Responding to demand for hyper efficient, metro fibre connected, flexible and scalable colocation space, VIRTUS Data Centres , one of the UK’s fastest growing data
centre providers - and where the cloud lives in London – has announced the launch of its fourth facility.
To build on the company’s portfolio of network and wireless security solutions, WatchGuard Technologies has acquired Datablink, to further
enhance its ability to make multi-factor authentication accessible for SMBs and distributed enterprises.
The need for hyper efficient, well connected, flexible and scalable space has led to Data Centre growth for one of the UK’s fastest growing data centre providers,
VIRTUS Data Centres.
IT security experts, ZoneFox has added a much-requested feature to its ZoneFox software with the launch of ZoneFox version 3.2. The latest version
comes with a Networking Dashboard and includes Network Monitoring capabilities to bring total visibility to files which are uploaded and downloaded
both within the organizational network and to sites on the internet.
In its mission to secure the agility and flexibility of cloud computing environments, WinMagic (www.winmagic.com) has become a gold partner on the Microsoft Azure
cloud computing infrastructure.
“As a growing employer of Millennials here in the North West, we here at Prism Solutions realise we must not only aggressively recruit this new generation of employees but use some creativity as well. It’s our goal to become known as a “destination employer” for these new recruits,” says Gary David Smith, CEO and Co-founder, Prism Solutions
In Philip Hammond’s first Autumn Statement as UK Chancellor of the Exchequer, much hinged on what snippets about the health of the UK economy
were announced. He was keen to demonstrate how the UK economy had “…confounded commentators at home and abroad…” In a remarkably short
and sweet Statement, Mr Hammond committed to supporting and improving the UK economy, talking about plans to drive productivity and create “fiscal
headroom” to prepare “…the economy to seize the opportunities ahead.”
Holding a referendum is looking like a poor political manoeuvre for Prime Ministers. David Cameron was hoisted by his own petard over the Brexit vote
and Italian PM Matteo Renzi is in the same boat after a resounding loss in his referendum on vesting increased power with the Government.
When The Business Roundtable changed its statement of “the purpose of a corporation” it chipped away at the long-held notion that corporate decision-making should revolve around what is best for shareholders.
A new partnership between VIRTUS Data Centres () and Global Cloud Xchange (GCX) (http://globalcloudxchange.com (GCX) will
see VIRTUS’ Cloud Connect Platform interoperate with GCX’s Cloud X Fusion ecosystem to provide seamless, latency-guaranteed connectivity to leading cloud
platforms for enterprises, carriers and media companies.
A recent survey showed that 46% of Britons would love to invest in stocks and shares but don’t know how. Even when an investor is knowledgeable, traditional
channels are out-dated and difficult to use.
"There comes a point for many leaders, when they find themselves leading other leaders. This requires a whole new skill set and ways of working as
they become Super Leaders guiding and inspire other leaders to deliver results though their teams," says Jean Gamester from Toastmasters International (www.toastmasters.org)
While late or non-payment is well known to be adversely impacting businesses in many ways at present, one particularly disturbing trend lies in the proportion
of companies having to write off turnover as uncollectable.
If you’re trying to get your business to break through to a whole new level of sales and productivity, then a critical component of that is setting
up effective systems.
Capita has become the first FTSE 250 company to appoint employees as non-executive directors to its board for over three decades.
Developing your ability and confidence to speak in public is probably one of the most valuable things you can do both for your self-esteem
and your career.
When was the last time you took time out for a detailed review of this year's business goals and plans? Was it only at the start of the year?
Or did you stop at the end of the last quarter to go through a strategic planning process?
Most staff dread attending workshops. They believe they are going to be a waste of time and will deliver very little value. But when done
properly, workshops can leave people feeling inspired and engaged.
News that a Hong Kong company Deep Knowledge Ventures has taken the plunge to appoint an artificial intelligence (AI) Executive Director with actual authority, real powers and a vote to their board, leads some to suggest that a bright algorithmic future might be about to irrevocably transform decision-making on the executive floor as well as inside the C-suite.
In the 1990's, when PC's began to appear and email (and the Internet) became pervasive, the speed of business accelerated significantly.
It became much more of a team game.
As businesses start to grow they so often make the mistake of bringing non-core operational functions in-house.
One of the ironies of organisational life is that the better you are at your specialism, the more likely it is that you’ll be moved up the organisational
ladder to a level where you no longer do it.
The structure of business has changed considerably. In the past there were those in the company with strategic roles who set policy, and there
were those who implemented them. Exercising good business skills was mostly a matter of following direction.
Timing is everything when it comes to credit control.
KEY findings from a recent paper on business diversification by Jiwook Jung and Taekjin Shin reveal that what is taught on the MBA core curriculum has positive real world business impacts.
In the quest for ever greater efficiencies, productivity and general cost saving, there are, according to Sarah Lewis M.Sc. C.Psychol, of
Appreciating Change (www.acukltd.com), a few key questions can open up new avenues to improve performance and profitability.
Employment law can appear complex and tends to make managers nervous but according to HR expert Sue Ingram at Converse Well
() and author of 'FIRE WELL' - it's actually, at its core, simple, straightforward and based on common sense.
Unfortunately, it seems many people have come to equate 'team building' with 'doing creative or sporty activities with other members of the
team. However according to Kate Mercer, co-founder of Leaders Lab and author of 'A Buzz in the Building', these types
of activities do very little to build a team.
Internet and mobile security leader BullGuard () has announced the appointment of security industry veteran Paul Lipman as CEO.
Research has produced the surprising discovery that micro enterprise in the UK is being driven by the humble pen and paper rather than
cutting edge technology.
The ability to monitor, collect and analyse unprecedented volumes of real-time data from internet-connected sensors will allow the insurance industry to offer highly
personalised policies and make far more accurate calculations of risk, according to industry analysts at Beecham Research in a new
‘Internet of Insurance Sector Report’.
Following months of setbacks and delays, the government’s new payment reporting regulations are at long last set to come into force.
A new study has found that easier car finance processes, and improved financial management technology could help inject an
additional £9.6 billion to the UK’s automotive industry.
Deloitte’s latest report on the CEOs of the future, falls short on new practical proposals says corporate governance expert Gerry Brown, and author of ‘The Independent Director’.
International manufacturer of convenience foods, has selected V1’s document management software.