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Elwood Connects to EDX Markets to Provide Clients with Access to Additional Digital Asset Liquidity

Elwood, a leading fintech that provides comprehensive digital asset trading and investing solutions to institutions, announced today that it has added EDX Markets to the growing list of execution venues accessible via its platform.

Friday, October 18, 2024 - 12:40
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/news/liquidity/elwood-connects-edx-markets-provide-clients-access-additional-digital-asset-liquidity
Financial IT
More People Than Ever Choose Zelle with Nearly Half a Trillion Dollars Sent in First Half of 2024

Early Warning Services, LLC., the network operator of Zelle®, today announced that in the first half of 2024 the person-to-person payments network reached 143 million enrolled users and helped consumers and small businesses move nearly half a trillion dollars -- $481 billion, up 28% year-over-year. Transaction volume on Zelle increased by 27% year-over-year to over 1.7 billion transactions sent by individuals and small businesses across the network.

Highlights:

Friday, October 18, 2024 - 12:37
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/news/money-transfers/more-people-ever-choose-zelle-nearly-half-trillion-dollars-sent-first-half-2024
Financial IT
GITEX GLOBAL Hosts Middle East’s Largest Data Centre Gathering to Propel the Future of Hyperscale, Modular, and Edge Infrastructure

GITEX GLOBAL 2024, the world’s largest tech and startup event, hosted the Middle East’s largest data centre gathering on Thursday at the Dubai World Trade Centre (DWTC), showcasing the region’s commitment to becoming a global leader in the rapidly evolving data centre market. 

Friday, October 18, 2024 - 11:54
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/news/fintech-startups/gitex-global-hosts-middle-easts-largest-data-centre-gathering-propel-future
Financial IT
Profile Centevo and Danske Bank Sign a Multi-Year Fund Management Partnership

Profile Centevo, a member of Profile Software and a leading Asset and Fund Management software provider in the Nordics, has announced today the signing of a new multi-year agreement with Danske Bank to provide extended services for their funds business, Danske Invest.

Friday, October 18, 2024 - 11:06
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/news/infrastructure/profile-centevo-and-danske-bank-sign-multi-year-fund-management-partnership
Financial IT
Cash App Pay Integrates with Lyft for Seamless Payments

Starting today, Cash App and Lyft are partnering to give digital-first consumers more flexibility when taking a ride. This partnership puts the convenience and accessibility of paying with Cash App Pay front and center, focusing on the preferences of the next generation of customers.

Friday, October 18, 2024 - 10:59
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/news/payments/cash-app-pay-integrates-lyft-seamless-payments
Financial IT
LoanPro Launches Smart Verify Tool for KYB/KYC and Ongoing Monitoring

LoanPro, the modern lending and credit platform, announced today the launch of Smart Verify, a new suite of data solutions that integrate third-party data sources into their platform for rapid identity verification and ongoing monitoring for business and consumer accounts.

Friday, October 18, 2024 - 10:54
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/news/aml-and-kyc/loanpro-launches-smart-verify-tool-kybkyc-and-ongoing-monitoring
Financial IT
Investment Banks Wasting Millions on Underutilised Software

New research from document automation business UpSlide reveals that the investment banking sector is wasting millions on underutilised and badly managed software. 

With investment banks waiting nervously for the new government’s Autumn Statement later this month following a period of macroeconomic uncertainty, investment banks are cutting IT budgets and placing greater emphasis on return on investment (ROI). 

Friday, October 18, 2024 - 10:44
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/news/banking/investment-banks-wasting-millions-underutilised-software
Financial IT
Capital One Partners with Minna Technologies to Become the First Major U.S. Credit Card Issuer to Offer Subscription Management Tools in Its Banking App

In a U.S. market first, Capital One has partnered with Minna Technologies to offer new subscription management tools directly in the bank’s mobile app, enabling its credit card customers to view and manage subscriptions from major merchants, including leading streaming media, publishing and retail brands.

Friday, October 18, 2024 - 10:39
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/news/banking/capital-one-partners-minna-technologies-become-first-major-us-credit-card-issuer-offer
Financial IT
Over £570 Million Stolen by Fraudsters in the First Half of 2024

UK Finance today releases its Half Year Fraud report, detailing the amount its members reported as stolen through payment fraud and scams in the first half of 2024.

Friday, October 18, 2024 - 10:18
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/news/cybersecurity/over-ps570-million-stolen-fraudsters-first-half-2024
Financial IT
ACI Worldwide Appoints Erich Litch as Head of Merchant Solutions

ACI Worldwide, an original innovator in global payments technology, today announced the appointment of Erich Litch as head of merchant solutions.

Friday, October 18, 2024 - 10:13
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/news/people-moves/aci-worldwide-appoints-erich-litch-head-merchant-solutions
Financial IT

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