Latest news with #BibbyFinancialServices
Yahoo
28-05-2025
- Business
- Yahoo
Bibby Financial Services appoints strategic IT director
UK-based financier Bibby Financial Services (BFS) has appointed Daniel Johnson as its new strategic IT director. The announcement is part of BFS's growth strategy to bolster its support for small and medium-sized enterprises (SMEs) by integrating advanced technology solutions. Johnson brings more than 14 years of experience in banking, fintech, insurance, and consulting to his new role. Before joining BFS, Johnson was the founder and director of Future Workforce, a consultancy focused on AI, process automation, low-code, and data analytics. In addition, he has held senior IT and automation roles at Accenture, Close Brothers, and The Co-operative Banking Group. The news comes after last month's appointment of Mark Holloway as BFS' newest chief information and technology officer. During the same month, the company also appointed Niels Gooch as head of sales for its Bibby Foreign Exchange (BFX) division to expand support for UK SMEs engaged in international trade. Johnson said: 'BFS plays a vital role in supporting SMEs around the world, providing solutions to help customers grow and thrive in domestic and international markets. 'Furthermore, as a family-owned business, its values-based culture appealed to me. I'm delighted to join at such an exciting time and look forward to working with colleagues to build on the solid technology foundations we have in place to drive better outcomes for SMEs and our teams in 2025 and beyond.' Holloway commented: 'I am delighted to welcome Daniel at such an important time in our growth. Having recently joined BFS, I have been immensely impressed with the energy and dedication of our teams in supporting SME customers, and one another.' BFS is a family-owned international SME financier and supports over 8,500 businesses worldwide. Established in 1982, the company offers trade, asset, working capital finance, and foreign exchange solutions to help businesses grow in domestic and international markets. Part of the Bibby Line Group, BFS employs more than 1,000 people across Europe and Asia. "Bibby Financial Services appoints strategic IT director" was originally created and published by Leasing Life, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
28-05-2025
- Business
- Yahoo
Bibby Financial Services appoints strategic IT director
UK-based financier Bibby Financial Services (BFS) has appointed Daniel Johnson as its new strategic IT director. The announcement is part of BFS's growth strategy to bolster its support for small and medium-sized enterprises (SMEs) by integrating advanced technology solutions. Johnson brings more than 14 years of experience in banking, fintech, insurance, and consulting to his new role. Before joining BFS, Johnson was the founder and director of Future Workforce, a consultancy focused on AI, process automation, low-code, and data analytics. In addition, he has held senior IT and automation roles at Accenture, Close Brothers, and The Co-operative Banking Group. The news comes after last month's appointment of Mark Holloway as BFS' newest chief information and technology officer. During the same month, the company also appointed Niels Gooch as head of sales for its Bibby Foreign Exchange (BFX) division to expand support for UK SMEs engaged in international trade. Johnson said: 'BFS plays a vital role in supporting SMEs around the world, providing solutions to help customers grow and thrive in domestic and international markets. 'Furthermore, as a family-owned business, its values-based culture appealed to me. I'm delighted to join at such an exciting time and look forward to working with colleagues to build on the solid technology foundations we have in place to drive better outcomes for SMEs and our teams in 2025 and beyond.' Holloway commented: 'I am delighted to welcome Daniel at such an important time in our growth. Having recently joined BFS, I have been immensely impressed with the energy and dedication of our teams in supporting SME customers, and one another.' BFS is a family-owned international SME financier and supports over 8,500 businesses worldwide. Established in 1982, the company offers trade, asset, working capital finance, and foreign exchange solutions to help businesses grow in domestic and international markets. Part of the Bibby Line Group, BFS employs more than 1,000 people across Europe and Asia. "Bibby Financial Services appoints strategic IT director" was originally created and published by Leasing Life, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
FF News
20-05-2025
- Business
- FF News
FTT Payments 2025 Archives
FTT Gets a Facelift: Attendees at FTT Payments Create Their Own Acronyms At FTT Payments, […] What does 'FTT' Stand for? | FF News at FTT Payments 2025 Read more Entersekt Partners with Stanchion to Drive Innovation in Payment Integration Read more How many times have you been to IFGS? | FF News at IFGS 2025 Read more Tillo Appoints Jason Silverstein as Group Chief Operating Officer Read more Bibby Financial Services Agrees £0.7bn Facility to Improve Access to Finance for UK SMEs Read more
Yahoo
13-05-2025
- Business
- Yahoo
Alfa unveils preconfigured SaaS solution for European asset finance sector
Alfa has introduced a new preconfigured software-as-a-service (SaaS) solution, Alfa Start for European Asset Finance, designed specifically for European asset finance companies. According to the company, the system enables auto and equipment finance operators to implement Alfa Systems, a core platform for services such as originations, contract servicing, and collections management, in a 'quick and cost-effective' way. Built on predefined best-practice configurations and processes, refined through Alfa's extensive support for major European brands, the offering streamlines implementation. Alfa director of product Emily Hammond said: 'Alfa Start is for banks, captives and independents who want to be lean and invest pragmatically in a system that comes preloaded with a distilled best-practice setup, rather than recreating their existing processes and configuration from scratch. 'As we've done successfully in the UK and US, this new flavour of Alfa Start brings the power of Alfa Systems to a wider range of providers, offering an essential project accelerator that reduces cost and helps you gain a competitive edge.' Since its launch in 2020, Alfa Start's 'rapid' methodology has been adopted in the UK by finance providers and challenger banks such as United Trust Bank, Arkle Finance, Bibby Financial Services, and recently Paragon Bank. It has also accelerated projects for notable auto and equipment lenders in the US. The new offering includes support for local languages, currencies, accounting standards, and bank reports, alongside integrations for e-signature, single sign-on, SEPA payments, and other features. Delivered via proactively managed, single-tenant SaaS, it eliminates infrastructure overheads for users. Bibby Financial Services COO Richard Olver said: 'A lot of providers have a need to modernise their tech stack, and look at improving their businesses, and Alfa Systems is the industry gold standard. 'With Alfa Start, we've been able to implement Alfa Systems rapidly and cost-effectively. Thanks to the automation now available, our teams spend more time delivering value for our clients and business partners.' "Alfa unveils preconfigured SaaS solution for European asset finance sector" was originally created and published by Leasing Life, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-03-2025
- Business
- Yahoo
UK SMEs eager to invest but await Spring Statement for economic clarity
UK small and medium enterprises (SMEs) are eager to invest but are exercising caution as the Spring Statement approaches, according to independent funder Bibby Financial Services (BFS). Research by BFS revealed that 87% of SMEs plan to invest in 2025, though many are postponing major decisions until after the statement on 26th March provides clearer economic guidance. The findings come from BFS's Q1 2025 SME Confidence Tracker, which surveyed 1,000 UK SMEs. The data shows a growing optimism among businesses, with 66% expecting sales to increase in the next six months. However, the upcoming Spring Statement of the UK Government on 26 March 2025 has many businesses on edge, with nearly half (48%) delaying major investment decisions until after the Chancellor's announcement. Nearly 63% of SMEs believe that a lower interest rate environment would bolster their confidence to invest. The shadow of the Autumn Budget still lingers, with more than half (52%) of SMEs feeling less inclined to invest in the short term, particularly due to the hike in employer National Insurance contributions. As a result, the number of businesses with no investment plans has increased to 13% from 8% in Q3 2024. BFS UK managing director Derek Ryan said: "UK businesses are showing a clear appetite to invest, but many are taking a wait-and-see approach ahead of the Spring Statement. 'Following the National Insurance contributions announced in October, business leaders are craving stability before they deliver investment plans. Without this, the government's plan to kick-start economic growth is at risk." The BFS data further highlights the link between investment intentions and the use of external finance. Among those utilising external finance, only 6% have no investment plans, compared to 14% for self-funded businesses. Additionally, SMEs without external finance face higher levels of bad debt, with non-payment losses averaging £45,000 ($58,380), in contrast to £25,000 for those with external financial support, according to the data. Ryan added: 'Our SME Confidence Tracker highlights a clear split in the fortune and outlook of businesses using external sources of finance, compared with those who are self-funded, illustrating the importance of the Chancellor's plans for reform to make it easier for businesses to trade and raise finance. "Notably, findings demonstrate the need for stability in stimulating investment among small businesses to drive economic growth. The Chancellor has a golden opportunity to get the ball rolling in her Spring Statement later this month. 'After a challenging first Autumn Budget, sights are firmly set on how further changes may impact ambitious businesses across the country." "UK SMEs eager to invest but await Spring Statement for economic clarity" was originally created and published by Leasing Life, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
