ABA backs Fed's plan for single-day Fedwire ISO 20022 migration in 2023
The American Bankers Association is supporting the Federal Reserve’s plan to migrate the Fedwire Funds Services to the ISO 20022 message standard in a single day – but says it has “serious concerns” about a lack of detail on testing strategy and requirements for the move. Source: Fintech News
MoneyGram buys stake in cryptocurrency cash exchange Coinme
MoneyGram has acquired a four per cent stake in Coinme, a US outfit that facilitates the cash purchase and sale of bitcoin at physical locations. Financial terms were not disclosed. Source: Fintech News
Amazon EC2 On-Demand Capacity Reservations now support Cluster Placement Groups
Starting today, customers can use Amazon EC2 On-Demand Capacity Reservations to reserve capacity for cluster placement groups. With cluster placement groups, customers can launch EC2 instances into logical groups within a segment of the network with high bisection bandwidth, thus getting low latency and high throughput between instances inside the cluster. Cluster placement groups are […]
Instance Tags now available on the Amazon EC2 Instance Metadata Service
You can now access your instance’s tags from the EC2 Instance Metadata Service. Tags enable you to categorize your AWS resources in different ways, for example, by purpose, owner, or environment. This is useful when you have many resources of the same type—you can quickly identify a specific resource based on the tags that you’ve […]
AWS Lambda now supports ES Modules and Top-Level Await for Node.js 14
AWS Lambda functions using the Node.js 14 runtime now support code packaged as ECMAScript modules, allowing Lambda customers to consume a wider range of JavaScript packages in their Lambda functions. In addition, Lambda customers can now take advantage of ‘top-level await’, a Node.js 14 language feature. When used with Provisioned Concurrency, this improves cold-start performance […]
US Bank advances real-time payments for consumer bill pay
With the proliferation of immediate payments, one area resistant to change has been bill pay. But U.S. Bank is leading the industry, bringing the power of Real-Time Payments to the U.S. Bank consumer bill pay experience for the first time. Source: Fintech News
Fine grained access control now supported on existing Amazon OpenSearch Service domains
Amazon OpenSearch Service (successor to Amazon Elasticsearch Service) now supports enabling fine-grained access control on existing domains. Fine-grained access control adds several capabilities to help you have better access control over the data stored in your domain. Source: AWS
Amazon EMR on EKS adds support for customized container images for interactive jobs run using managed endpoints
Amazon EMR on EKS enables customers to easily run open-source big data frameworks such as Apache Spark on Amazon EKS. Amazon EMR on EKS customers setup and use a managed endpoint (available in preview) to run interactive workloads using integrated development environments (IDE) such as EMR Studio. Source: AWS
Finexio completes $10 million funding round
Finexio, the fast-growing Accounts Payable (AP) Payments-as-a-Service company, today announced the completion of its double over-subscribed $10 million funding in partnership with new investor Mendon Venture Partners that provided incremental growth capital to meet demand for digital AP business-to-business (B2B) payments services. Source: Fintech News
User Technology Adoption Readiness Index is Now Available
Are you a technology provider whose success depends on the ability and desire of users to fully engage with their new technologies in order to succeed? Then you’ll want to check out our new index that can help you fine tune your growth estimates, target markets, and customer success strategies. The User Technology Adoption (UTA) […]