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TreeCard Raises $5.1 Million Led by EQT Ventures to Drive Sustainable Spending Through Reforestation

 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.

Thursday, February 25, 2021 - 11:13
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/news/credit-cards/treecard-raises-51-million-led-eqt-ventures-drive-sustainable-spending-through
Financial IT
Nuapay Expands Its Open Banking Platform Across Italy and Germany

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. 

Thursday, February 25, 2021 - 10:34
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/news/open-banking/nuapay-expands-its-open-banking-platform-across-italy-and-germany
Financial IT
Atom Bank to Raise £40m

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. 

Thursday, February 25, 2021 - 10:34
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/news/banking/atom-bank-raise-ps40m
Financial IT
SETL Hires Ripple Global Head of Banking - to Lead Payments Business

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. 

Thursday, February 25, 2021 - 08:19
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/news/people-moves/setl-hires-ripple-global-head-banking-lead-payments-business
Financial IT
DTCC Proposes Approach to Shortening U.S. Settlement Cycle to T+1 Within 2 Years

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).

Thursday, February 25, 2021 - 08:07
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/news/risk-management/dtcc-proposes-approach-shortening-us-settlement-cycle-t1-within-2-years
Financial IT
Skipton Building Society Takes Workforce Management and Employee Engagement to the Cloud with NICE

NICE (Nasdaq: NICE) announced today that Skipton Building Society has selected its cloud-based 

Thursday, February 25, 2021 - 07:46
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/news/cloud/skipton-building-society-takes-workforce-management-and-employee-engagement-cloud-nice
Financial IT
Can Banks Acquire Customers with Biometric Payment Cards?

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.

Thursday, February 25, 2021 - 07:32
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/blog/biometrics/can-banks-acquire-customers-biometric-payment-cards
Financial IT
AIRSOFT Team Steps Up To Meet Broker Challenges

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.

Thursday, February 25, 2021 - 07:16
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/news/foreign-exchange/airsoft-team-steps-meet-broker-challenges
Financial IT
DZ BANK Trusts Surecomp in Its Digital Trade Finance Transformation Journey

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.

Wednesday, February 24, 2021 - 19:45
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/news/trade-finance/dz-bank-trusts-surecomp-its-digital-trade-finance-transformation-journey
Financial IT
Cirrus Announces Capital Investment from Manifesto Agency

Cirrus, a provider of cloud-based document management software, announced a capital investment from Portland and Milwaukee-based branding agency Manifesto, that will also coincide with a corporate branding campaign that Manifesto is leading.

Wednesday, February 24, 2021 - 18:30
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/news/fundraising-news/cirrus-announces-capital-investment-manifesto-agency
Financial IT

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