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Virtual AGMs double Shareholder Engagement in 2021
New data released today by Lumi reveals that virtual AGMs have rapidly become the norm in 2021 and are driving record levels of shareholder engagement.  
The company behind the AGMs of over 5000 global organisations has analysed three years of meeting data to reveal that 90% of AGMs in 2021 have been, or are planned to be, fully remote in 2021, with 9% shifting to a hybrid model.  
 
Thursday, July 8, 2021 - 17:57
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Financial IT
Smarter Contracts Leads by Example in Helping People and Businesses Take More Control Over Their Data

Smarter Contracts, a privacy software company that provides tools that allow businesses and individuals to take more control over their data, today announced that it has successfully passed the first stage of its ISO 27001 and ISO 9001 certifications. The company is being supported throughout the process by Assured Clarity, a global consultancy that specialises in risk management and data privacy.             

Thursday, July 8, 2021 - 17:26
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Financial IT
DealShare Raises $ 144 Million in Fresh Round of Funding

DealShare, India’s fastest growing social ecommerce startup known for pioneering the community group buying (CGB) model in India, has announced that they have raised $144 Million in their latest funding round. The round was led by Tiger Global and was co-led led by WestBridge Capital, Alpha Wave Incubation (a venture fund backed by ADQ, and managed by Falcon Edge Capital) & Z3Partners with participation from Partners of DST Global, Matrix Partners India, and Alteria Capital.

Thursday, July 8, 2021 - 17:18
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Financial IT
Cascades and Flinks Form Strategic Partnership

Cascades Financial Solutions Inc., a PureFacts company, and Flinks announced today a strategic partnership to provide financial services firms with a best-in-class retirement income planning experience. The collaboration will see the integration of Cascades’ decumulation planning engine with Flinks’ financial data aggregation and analytics platform.

Thursday, July 8, 2021 - 17:12
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Financial IT
Liti Capital Announces New $5 Million Investment to Acquire New Assets
Liti Capital SA, the blockchain litigation finance company, announces an investment of $5 Million. The initial private raise of $10M secured assets worth up to $100m of potential asset value. This $5M will be used to purchase assets worth up to a potential $50m. This $150m potential value dwarfs the current market cap of $25M. Those assets are what back the LITI equity token.
Thursday, July 8, 2021 - 17:03
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Financial IT
Traditional banks will be reduced to storage vaults by 2030 unless they move away from a one-size-fits-nobody digital approach, Quadient warns

Traditional banks must move away from their current one-size-fits-nobody digital approach, or risk losing control of their customer relationships and being reduced to money storage vaults by 2030, warns customer experience expert Quadient. If they want to continue to be a vital element in their customers’ lives, traditional banks must refocus efforts, embrace a human-centric approach and offer a wider range of services that meet customer needs. 

Thursday, July 8, 2021 - 16:59
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Financial IT
FDCTech Appoints Charles R. Provini as the New Independent Director

FDCTech, Inc. ("FDC" or the "Company," OTCQB: FDCT), a fully integrated financial technology company with a full suite of digital financial services solutions, today announced the Board of Directors of the Company increased the size of its Board from four to five directors and appointed Charles R. Provini, age 74, to the vacancy. Mr.

Thursday, July 8, 2021 - 16:58
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Financial IT
Banking on the Cloud to Create a Crucial Advantage in Financial Services

Once considered a revolutionary technology, cloud is now at the heart of agile and innovative businesses. The financial services industry is no exception, and has been a major adopter of cloud-based Software-as-a-Service (SaaS) for its non-core applications. Functions such as customer management, human capital management, and financial accounting have progressively shifted to the cloud. Several banks have also warmed up to using cloud for services such as Know your Customer (KYC) verification.

Thursday, July 8, 2021 - 16:57
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Mastercard SpendingPulse: U.S. Retail Sales Grew 11.0%* Year-Over-Year in June

Retail sales see double-digit growth above 10%* compared to June 2019

Thursday, July 8, 2021 - 16:51
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Financial IT
InTouch Has Announced a Strategic Partnership with CFAO Group

InTouch, an African payment solutions and digital services aggregator founded in Senegal in 2014, announced today a strategic partnership with CFAO Group. The move comes as part of a capital increase through which CFAO will co-invest in Touch with Mobility54, a corporate venture capital fund created in partnership with Toyota Tsusho Corporation in 2019 to focus on Africa's mobility sector.

Established InTouch investors TotalEnergies and Worldline have also reiterated their commitment to the Pan-African start-up.

Thursday, July 8, 2021 - 16:43
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Financial IT

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