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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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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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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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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
Crédit Agricole Consumer Finance Launches Cooperation with Deposit Solutions

Hamburg-based Fintech company Deposit Solutions has signed a partnership with Crédit Agricole Consumer Finance, Europe’s market leader for consumer loans. The French bank will use the Deposit Solutions platform to offer savings products in Germany, starting with fixed-term deposits offered through the ZINSPILOT portal. The partnership will also enable Crédit Agricole Consumer Finance to leverage the Fintech’s broad network of distribution partners, which have a cumulated reach of 30 million German savers.

Wednesday, February 24, 2021 - 18:28
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Financial IT
Microexcel Inc Announces Partnership With CloudTrade

Microexcel is extending their Intelligent Services to automate B2B collaboration with CloudTrade. CloudTrade provides electronic document capture with its own unique, patented e-invoicing, e-ordering and e-trading solution that enables paperless trading improving operational efficiency and quality.

Wednesday, February 24, 2021 - 15:08
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/news/it-innovations/microexcel-inc-announces-partnership-cloudtrade
Financial IT
Finance Companies Outpace Digital-Natives in Pandemic, Finds Twilio

Twilio (NYSE: TWLO), the leading cloud communications platform, today released its second annual State of Customer Engagement Report, which delves into businesses' spend and behaviour when it comes to digital communications and customer engagement.

Wednesday, February 24, 2021 - 15:02
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/news/cloud/finance-companies-outpace-digital-natives-pandemic-finds-twilio
Financial IT
Nationwide to Tackle The Poverty Premium with New Start-up Challenge

Covid-19 has had a detrimental impact on the finances of many households – a situation that will be exacerbated when the furlough scheme ends. Some estimates suggest that almost 700,000 additional people faced poverty during the Winter of 2020 as a result of the pandemic1.

Wednesday, February 24, 2021 - 14:07
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/news/fintech-startups/nationwide-tackle-poverty-premium-new-start-challenge
Financial IT

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