TreeCard -- the world’s first wooden Mastercard™ payment card that plants trees with everyday spending -- has raised a $5.12 million seed round led by EQT Ventures, with participation from Seedcamp and Episode 1. Angel investors including Matt Robinson (the founder of GoCardless) and Charlie Delingpole (founder of ComplyAdvantage) also participated in the round.
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Open Banking pioneer, Nuapay, powered by Sentenial, today announces it is extending its open banking payment capabilities to German and Italian banks. Nuapay’s expansion will enable German and Italian partners to offer open banking payment solutions, powering seamless account-2-account payments for their customers.
Atom, the UK’s first app-based bank, is to raise £40m from existing shareholders as it moves to profitability from its mortgage and business lending within a year, and to IPO the year after.
SETL, the London-based Settlement and Payments Infrastructure provider, today announced the appointment of Marjan Delatinne to SETL’s executive management team. As Head of Payments, Marjan has overall responsibility for growing SETL’s payments business, alongside its market infrastructure and asset management offerings.
The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today released a two-year industry roadmap for shortening the settlement cycle for U.S. equities to one business day after the trade is executed (T+1).
NICE (Nasdaq: NICE) announced today that Skipton Building Society has selected its cloud-based
When it comes to banking, consumers are traditionally loyalists and often stay with their banks from early adulthood through to retirement. In fact, one 2018 study found that just 4% of U.S. consumers switched primary banks that year.
2020 posed numerous challenges for brokers, banks and fintechs around the globe. Staff working remotely, trader volumes increasing, volatility at an all-time high and the emergence of new tradable products were just a few. Brokers scrambled to reassemble their remote team and handle associated security and tech concerns. In direct response to the needs of brokers, AIRSOFT Technology LTD announced a major rebrand.
Surecomp®, the leading provider of global trade finance solutions for banks and corporates, today announced that DZ BANK, as part of its journey towards digitized trade finance operations, chose DOKA-NG™ to be its next generation digital trade finance platform.