When I began my journey in banking over four decades ago, the industry was in the midst of a quiet revolution. The emergence of online banking, still in its infancy, hinted at the vast potential digital technology held for transforming the banking and financial sector. 

Truist Financial Corporation, today announced a new solution designed to empower its wholesale payments clients with greater control and efficiency over their billing and payment operations. The bank's Electronic Bill Presentment and Payment platform will provide a modern approach to managing payments, streamlining operations, improving client satisfaction and driving growth.

Hashnote, the on-chain first digital asset manager backed by DRW and Cumberland, and Canton Network, launched by Digital Asset in collaboration with more than 30 financial industry leaders, announce that Hashnote’s yield-bearing US Yield Coin (USYC) is now available on the Canton Network. USYC on Canton benefits from the network’s unique privacy properties, enabling USYC holders to hold and deliver collateral across the Canton Network without anyone other than the issuer and the holder knowing. 

Cboe Global Markets, the world's leading derivatives and securities exchange network, and Robinhood Markets Inc. today announced at the HOOD Summit in Miami, Florida, Robinhood's upcoming launch of Cboe's index options on its platform.  For the first time, Robinhood customers will soon be able to trade index options – including Cboe's flagship S&P 500 Index (SPX) options, Cboe Volatility Index (VIX) options, Russell 2000 Index (RUT) options and Mini SPX (XSP) options – expanding their trading capabilities on its platform.

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.

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:

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. 

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.

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.