The financial technology sector is rapidly evolving with traditional methods of banking now being replaced with digital solutions, in a bid to make things faster, easier, and more streamlined for both businesses and consumers.

Oxford Medical Simulation (OMS), a provider of highly realistic virtual reality healthcare training, has raised a further £2.1 million in a funding round that included ACF Investors and angel investor Dr Nicolaus Henke.

New data from Cashplus Bank, the leading digital SME bank shows rapidly increasing costs are putting pressure on micro businesses across the UK, with strong gains in SME income over the past 12 months now wiped out by even faster rising expenses.

Tech startup Body Rocket has declared its recent UK and EU raise a resounding success, having attracted £430k ($493k) from more than 190 investors.

33N Ventures, together with the European Cyber Security Organisation (ECSO) and the Basque Cyber Security Centre (BCSC), welcome the publication of a report on the European Cybersecurity Investment Platform.

Despite businesses needing faster, more accurate insights to navigate competitive markets, businesses are still attempting to meet their future AI analytic goals with legacy strategy.

Legacy of Lives, a new platform for funeral directors to attract new clients, maintain transparency and deliver online services, has launched.

Only 3.5% of UK employers currently possess a license to sponsor EU or non-EU workers - despite widespread talent shortages nationwide.

EIT Health, supported by the European Institute of Innovation and Technology (EIT) - a body of the European Union - announced its support for two innovator teams following the 2022 Wild Card Programme.

Nearly half (46%) of SME businesses fear that access to business credit and borrowing will become more difficult over the next few years.

Global identity verification provider ID-Pal announced it is a government-certified identity service provider (IDSP) for digital right to work and right to rent checks in the UK.

During the Global MBB Forum 2022, David Wang, Huawei's Executive Director of the Board and Chairman of ICT Infrastructure Managing Board delivered a keynote speech titled Stride to 5.5G: The foundation of the future.

FedEx Corp released the findings from its 2022 report that analysed the company’s impact on the global economy with key regional and market-specific analyses.

BT has announced Just Eat and Checkatrade as the latest businesses to join its partnership network, aimed at helping the UK’s smallest and fledgling firms grow.

Gary Cain has been appointed Head of Funding for Leonard Curtis as part of a new management structure that has been put in place to accelerate growth.

Oil and energy industries represent the biggest market winners in the S&P 500 so far this year, whilst tech companies struggle to hold their ground.

Proptech brand, Housestars, is set to revolutionise the property maintenance sector, seamlessly connecting homeowners with vetted professional tradespeople.

IRIS Audio Technologies, the team behind the AI-powered voice isolation software IRIS Clarity, has appointed Neil Titcomb as SVP Global Sales.

The content hub provides resources on all aspects of menopause, from the physical and mental symptoms as well as advice on talking about the topic with professionals, friends and family and in the workplace.

Sensat has raised $20.5m (£16.7m) in Series B funding in a round led by National Grid Partners, with the participation of existing investors.