The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today announced the appointment of Jennifer Peve as Head of Strategy and Business Development. In this new role, Peve will have overarching responsibility for the firm’s global corporate strategy, digital product development and strategic partnerships and alliances, reporting to DTCC President & CEO Michael Bodson. Peve will also join the DTCC Management Committee. This appointment is effective July 2, 2021.

 The Extraordinary Shareholders' Meeting of SIA, which met today under the chairmanship of Federico Lovadina with the participation of 96.1% of the Company's share capital, approved the plan for the merger by incorporation of SIA S.p.A. into Nexi S.p.A. 

The completion of the merger is subject to the fulfilment of certain standard conditions precedent for transactions of this type, including the attainment of the relevant authorizations, including that of the competent Antitrust Authority. 

In the digital landscape of 2021, it’s paramount for businesses to have an online presence. Yet, with so many B2B eCommerce platforms available, it can be an overwhelming decision for businesses. To help them make an informed decision, here are five of the most popular B2B eCommerce platforms available in the UK. 

Top B2B eCommerce platforms in the UK

Risk-Off Sees AUD, GBP Plunge; Yen Up; US Yield Curve Flattens

FinecoBank today announces that UK customers will have access to a range of funds offered by Vontobel.

Vontobel is an active investment manager with a global reach and a multi-boutique approach. Its suite of funds covers equity, fixed-income and multi-asset investments. 

This latest addition to Fineco’s investment platform follows a string of recent fund announcements made this year including Wellington Management, AXA IM, Candriam and Ninety One.

LexisNexis® Risk Solutions, the global data and analytics provider, today releases its latest report Cutting the Cost of AML Compliance, which reveals a conservative estimate for AML compliance costs across the UK financial services sector reaching almost £29bn per year.

• User data from Yolt,^* the award-winning smart money app, reveals consumers have spent on average 16% less since lockdown restrictions lifted on the 12^th of April, as economic uncertainty continues, and people remain cautious about their spending as they come out of lockdown.
• However, people spent 9% more on eating out in the last two weeks of May, following the easing of restrictions on the 17^th, when compared to the same period in March.

Highlights:

• Origin in partnership with Clearstream launches instant-ISIN feature for Eurobonds (i.e. “XS” ISIN codes); the service will be rolled out across the issuer base over the course of the summer
• Open-source data standard Airbrush V2 adds new features; Clearstream and Paying Agents can now receive transaction data via Airbrush; digital listing at the Luxembourg Stock Exchange launched earlier this year is also compatible with Airbrush V2.

PayNearby, India’s leading branchless banking and digital payments network, has been awarded as the 'Dream Company to Work For' at the prestigious 19th Asian HR Leadership Awards, 2021. The awards were presented at a virtual ceremony held on June 2021, attended by representatives from leading corporations, celebrating the achievements of all the winners. The Asian Leadership Awards recognize outstanding business leaders and organizations for their commitment to excellence, developing best practices, and innovative strategies.