Aruba’s entire banking community has switched to Instant Payments (IP) using the Clearing and Settlement Mechanism (IP CSM) of the Centrale Bank van Aruba (CBA), which was implemented by equensWorldline SE, a subsidiary of Worldline [Euronext: WLN], the European leader in the payments and transactional services industry. The implementation of this new payment infrastructure – which is led by the CBA – is unique because the Caribbean island switched completely from traditional batch payments to instant payments.

Centage Corporation (www.centage.com), the leading provider of cloud financial software that transforms how businesses budget, forecast, analyze and report, announced today its 2020 goals for its Centage Gives Back community outreach program, which has been expanded with new organizations and opportunities. Throughout 2020, teams of Centage employees look to donate at least 300 hours to local organizations that serve area residents in need.

Some of these organizations include:

At its 2020 Conference, InvestCloud announced the launch of InvestCloud White, a digital platform for wealth management and turnkey asset management programs (TAMPs).

While it’s difficult to overlook the importance of data in today’s financial services landscape, many banks are still grappling with the question of how to mine, evaluate and use it. Banks have historically struggled to get value from data, seeing themselves purely in the role of trustees of customer information, and never looking to put it to work.

The completion of an initiative to break the barrier of gender bias preventing women from becoming leaders in technology has been announced. With 32% of women still believing a gender gap exists, placing a major hurdle between them and their future careers, Compass Plus  introduced an educational programme specifically for women.

Avelacom, the high-performance global connectivity and IT infrastructure provider for the financial services industry, has deployed a new point-of-presence (PoP) in Ashburn, Virginia, with direct connectivity to Amazon AWS US – East–1 region. Its AWS Ashburn to AWS Dublin, one of the most popular routes for cryptocurrency arbitrage, is now the fastest line available in the market at a guaranteed 65.3ms round-trip latency.

AccessFintech, which delivers collaboration, transparency and control to the financial services industry, and Cappitech, a leading provider of regulatory reporting, best execution analysis and business intelligence solutions for the financial services industry, today announced they will collaborate to deliver greater governance and risk controls for market participants by providing their combined solution to clients across the financial ecosystem.

BTON Financial, the independent outsourced dealing desk for asset managers, has announced the appointment of Emmett Cawley as Head of Data Science and Algos and Justin Hudson as Head of Sales, to lead the firm’s expansion strategy. Emmet and Justin will be instrumental in delivering BTON Financial’s mission to support asset managers in taking advantage of the emerging liquidity and execution opportunities while also ensuring regulatory compliance.

Founded in 1923, Vantage Bank Texas (Vantage) — the family-owned community bank operating across Texas and Mexico — today announced that it has selected Backbase’s digital platform to develop dynamic user journeys across its entire client base.