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DTCC’s FICC Now Live With New Treasury Clearing Capabilities As Volumes And Membership Continue To Grow

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced its Fixed Income Clearing Corporation (FICC) subsidiary has successfully launched its enhanced Agent Clearing Service, as well as new capabilities to separate house and customer activity and margin segregation for those customers who elect to post margin to FICC, ahead of the March 31, 2025, deadline from the U.S. Securities and Exchange Commission (SEC). 

Tuesday, March 25, 2025 - 12:45
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/news/treasury/dtccs-ficc-now-live-new-treasury-clearing-capabilities-volumes-and-membership-continue
Financial IT
Finmont Partners With Payfast By Network To Offer Enhanced Payment Solutions To Travel Merchants
Global payment orchestration platform FinMont has announced a partnership with a leading digital South African online payment gateway, Payfast by Network, a Network International company.
Tuesday, March 25, 2025 - 12:38
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/news/payments/finmont-partners-payfast-network-offer-enhanced-payment-solutions-travel-merchants
Financial IT
SQUID Successfully Closes €1.69 Million Crowdfunding Round, Surpassing Initial Target

SQUID, the universal loyalty platform, has successfully closed its crowdfunding campaign on Crowdcube, raising an impressive €1.69M—exceeding its initial target of €1.15M-€1.35M. The campaign attracted 2,624 investors, further cementing SQUID’s position as a leading force in digital loyalty solutions for small businesses.

Record-Breaking Investor Engagement

Tuesday, March 25, 2025 - 12:33
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/news/fundraising-news/squid-successfully-closes-eu169-million-crowdfunding-round-surpassing-initial
Financial IT
AuditBoard And EY Expand Alliance To Transform Risk Management In UK And Ireland

AuditBoard, the leading cloud-based platform transforming audit, risk, compliance, and ESG management, has agreed an alliance with Ernst & Young LLP (EY) which will offer customers in the UK local support to transform their risk management strategies. EY has also established a Centre of Excellence in the UK to deliver tailored consulting and integration services for AuditBoard customers.

Tuesday, March 25, 2025 - 12:29
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/news/compliance/auditboard-and-ey-expand-alliance-transform-risk-management-uk-and-ireland
Financial IT
Banco Base Selects Integral’s FX Technology To Bolster Derivatives Operations

Integral, a leading currency technology provider to the financial markets, today announced that Mexican bank Banco Base has adopted its FX technology to elevate its derivatives operations and remain one step ahead of competitors.

Tuesday, March 25, 2025 - 10:53
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/news/trading-systems/banco-base-selects-integrals-fx-technology-bolster-derivatives-operations
Financial IT
Gen Z Boosts Subscription Economy, Tripling Spend From Older Generations
New research from Visa, a global leader in digital payments, reveals that Gen Z (ages 13-28) spends an average of £305 per month on subscription services. This is three times what Gen X (ages 44-59) spends (£91) and Baby Boomers (ages 61-79) who spend £108. Millennials (ages 29-44) also spend a significant amount, at £261 per month.
Tuesday, March 25, 2025 - 10:49
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/news/personal-finance/gen-z-boosts-subscription-economy-tripling-spend-older-generations
Financial IT
Trade Ledger And Bank Of Queensland Group Announce Landmark Long-Term Partnership To Revolutionise Asset Finance Lending In Australia

Trade Ledger, a global leader in digital lending technology, and Bank of Queensland Group (BOQ) have entered a groundbreaking long-term partnership to revolutionise asset finance lending for small and medium-sized enterprises (SMEs) and corporate clients serviced by the Group’s Finance division.

This landmark collaboration will modernize BOQ’s asset finance lending ecosystem, delivering faster, seamless, and highly accessible financial solutions tailored to Australian businesses.

Tuesday, March 25, 2025 - 10:21
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/news/lending/trade-ledger-and-bank-queensland-group-announce-landmark-long-term-partnership
Financial IT
Sumsub Introduces Reusable Digital Identity Product Suite

Today Sumsub, a global full-cycle verification platform, is launching its Reusable Digital Identity product suite. It will effectively mitigate repetitive verification and redundant Know Your Customer (KYC) checks that negatively impact user experience and conversion rates for businesses. The new offerings are set to reduce applicant onboarding times by 50% and boost conversion rates by 30%, on average.

Tuesday, March 25, 2025 - 10:14
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/news/digital-identity/sumsub-introduces-reusable-digital-identity-product-suite
Financial IT
Noda Launches New QR Payment Solution In The UK For Offline Businesses

Noda, a leading open banking payments provider, is launching a new low-cost payment solution in the UK designed specifically for offline merchants across various industries. With a fixed transaction fee of just £0.20, this new Pay-by-Bank service offers a faster and more affordable way to accept payments compared to traditional card transactions.

Smarter Way to Accept In-Person Payments

Tuesday, March 25, 2025 - 10:11
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/news/payments/noda-launches-new-qr-payment-solution-uk-offline-businesses
Financial IT
Payment Orchestrator BR-DGE And Traveltek Team Up To Transform Travel Payments

BR-DGE, the breakthrough payment orchestration provider, today announces a strategic partnership with Traveltek, a leading provider of travel technology.

Tuesday, March 25, 2025 - 10:07
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/news/payments/payment-orchestrator-br-dge-and-traveltek-team-transform-travel-payments
Financial IT

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