Financial IT catches up with Moshe Winegarten, CRO of Ecommpay at Money20/20 Europe to discuss the shift from traditional omnichannel approaches and Ecommpay’s innovative strategies.

Oliver Wyman, a global leader in management consulting and a business of Marsh McLennan, announced today that it has entered into an agreement to acquire Veritas Total Solutions, a commodity trading advisory firm with deep technical expertise in risk, systems, analytics, and AI.

Momnt, a leading fintech company specializing in real-time lending and payment solutions, today announces the appointment of Chris Bracken as CEO. This follows recent significant capital investments from Saluda Grade Ventures, Rockefeller Asset Management, and TruStage Ventures and solidifies the company’s position as a leader in the Home Improvement and Healthcare lending space.

To simplify market data management and reduce operational risk for clients, Broadridge Financial Solutions Inc, today announced the integration of its global Futures and Options (F&O) Software-as-a-Service (SaaS) Platform with Transaction Network Services (TNS), a global leader in providing mission-critical infrastructure for financial markets.

Bybit Card from Bybit, one of the world's top three crypto exchanges by volume, today brings its customers Apple Pay, a safer, more secure, and private way to pay at checkout when using the Bybit app or website to purchase cryptocurrency. Bybit offers competitive currency rates, ensuring users get the best price for their assets.

Lloyds Banking Group will re-open its office at 33 Old Broad Street from November 2024. The building, already owned by the Group, has undergone extensive refurbishment in the last 18 months. 

Lucinity, an AI software company for financial crime operations, has launched an ‘AI copilot plugin’ tool that is predicted to help financial institutions (FIs) save £105 million and thousands of hours fighting financial crime.  

Personetics, the global leader in AI-based personalized engagement solutions for financial institutions, has been prominently featured in a new report from leading analyst firm Celent titled "Personal Financial Engagement Solutions for Retail Banking." The report provides an in-depth analysis of the rapidly evolving personal financial engagement (PFE) solution space and the capabilities of 13 vendors. 

EnFi, a Boston-based AI fintech startup, has secured $7.5 million in seed funding.

This investment round was led by Unusual Ventures, with significant contributions from Boston Seed, Argon Ventures, and Impellent Ventures, recognizing EnFi’s innovative use of financial technology.