TechCrunch

MARCH 8, 2021

Challenger banks continue to see huge infusions of cash from investors bullish on the opportunity for smaller and faster-moving tech-based banking startups to woo customers from their larger rivals. The bank is already profitable. It posted operating profits for a fourth consecutive month, and net income currently exceeds £1.5

Banking 275

Banking Recruiting .Net Trends 275

TechCrunch

MARCH 10, 2023

I write this twice-weekly newsletter on a tight deadline, so when I saw a press release that started with “Silicon Valley Bank, Santa Clara, California, was closed today,” I realized I might need to pivot. ” Silicon Valley’s favorite bank just failed. Will those customers ever be made whole? Sit with that.

B2B 229

B2B Fintech Banking Survey 229

TechCrunch

OCTOBER 19, 2021

Earlier this month, Citibanamex — Mexico’s second-largest bank — announced that it is building new APIs to allow fintech companies real-time access to information like its services and ATM locations. The move comes as Mexico’s fintech ecosystem flourishes so fiercely that traditional banks have to embrace them or risk lagging behind.

Fintech 232

Fintech Banking Technical Review .Net 232

TechCrunch

MAY 1, 2023

Assuming the (very light) due diligence goes to plan and they like your company, you could have the money in your bank account within a week. You could submit a pitch on Monday and you could have money in the bank on Friday, feasibly.” So the entire process can be done in a week.

.Net 184

.Net Video Banking Meeting 184

CIO

DECEMBER 13, 2023

Emirates NBD is one of the first banks in the region to successfully integrate Sustainability Manager in its sustainability journey which will drive efficiencies by engaging on all horizons. The UAE Net Zero Strategy initiative is a national drive to achieve net-zero emissions by 2050, making the Emirates the first MENA country to do so.

Sustainability 225

Sustainability .Net Banking Strategy 225

TechCrunch

FEBRUARY 1, 2021

The company’s annual reports reveal numbers on gross earnings, profit/loss before and after-tax, net impairment loss, total assets, liabilities, and equity, among others. Also, in its quest to become a digital bank, Carbon acquired a microfinance bank license. Image Credits: Carbon.

Banking 291

Banking Insurance Fintech Technical Review 291

TechCrunch

MARCH 30, 2022

billion last year — up 153% year-over-year in terms of global VC deal value — and include a range of outfits, from payments companies to digital banks to corporate spend players. It’s not as typical for us to hear, though, about venture capitalists pouring millions of dollars into a traditional bank.

Banking 209

Banking Fintech Technical Advisors Strategy 209

CEO Insider

MAY 12, 2023

According to the most recent CEO survey by CEOWORLD magazine Executive Council, the current banking crisis has caused concern among chief executives; however, they are not inclined to switch institutions. A survey was published less than a month after the federal bailout of three regional banks. appeared first on CEOWORLD magazine.

Banking 118

Banking Survey Marketing .Net 118

TechCrunch

SEPTEMBER 21, 2022

In Ivory Coast, one of Francophone Africa’s largest mobile money markets, 75% of the population own a mobile money account, compared to 20% who hold bank accounts. Here, businesses can deposit their cash from physical and field sales into their Julaya account via a mobile money agent branch without going to a bank. . million monthly.

Fintech 202

Fintech Banking Sport Mobile 202

TechCrunch

JULY 22, 2021

Then Yang joined Kaji at First Republic Bank to work together and continue the conversation. Allocate is the next transition of a true platform that enables family offices and high-net worth individuals access.”. 5 innovative fundraising methods for emerging VCs and PEs.

Banking 249

Banking Nonprofit Groups Retail 249

TechCrunch

MARCH 29, 2022

Abdigani Diriye, Khalid Keenan and Youcef Oudjidane, the other co-founders, have combined experience across engineering, investment banking and venture capital. Founders : Alphas Sinja, Boya’s chief executive officer, has over eight years of experience in the banking and finance sectors. Website : [link]. Founded in : 2020.

.Net 228

.Net CTO Banking Fintech 228

TechCrunch

MAY 14, 2023

The idea actually came from a customer, he said, who thought Brex “could handle those customers better than big banks.” The first week after the SVB meltdown , the FDIC was not going to accept any bids from entities other than banks. Mary Ann Digital banking for seniors Different demographics can have different banking needs. .

Fintech 280

Fintech Banking .Net Report 280

TechCrunch

SEPTEMBER 26, 2022

First in line at this point in time — in a decision which is due in December — is banking giant Barclays. But the prospect of a profitable, global bank taking over the contract has been branded “insane” and “mad” by some key U.K. We can’t hand the support to the tech ecosystem to an incumbent bank! industry players.

Technical Review 164

Technical Review Government Banking .Net 164

TechCrunch

MARCH 19, 2023

Before it crashed, Silicon Valley Bank was known to many startups and venture firms as the place to park their money or take out a capital line. After the bank’s collapse and the ensuing chaos, many were left wondering if the things they loved most about SVB would continue. Those kinds of limits often restrict first-time funds.

Banking 247

Banking .Net Network Company 247

TechCrunch

MARCH 14, 2023

Writer’s note: We’re breaking from our usual formatting this week because there was a once-in-a-generation collapse of one of the biggest banks in the country. On Friday, I wrote about how Silicon Valley Bank has been closed by regulators , which are now in charge of the bank’s deposits. Some advised diversification.

Banking 126

Banking Technical Review Insurance Report 126

Capgemini

SEPTEMBER 21, 2021

This kind of objection should resonate with anyone who has embarked on the transition to net zero. Employees play a crucial role in Transition to Net Zero. The company thus needs to help its people develop or extend the competencies (knowledge, skills and attitudes) required to reach their net zero ambitions. Sound familiar?

.Net 98

.Net Sustainability Banking Training 98

TechCrunch

MARCH 1, 2023

While Revolut has yet to obtain a banking license in the U.K. its home country), the company now has a full banking license in Lithuania. It can use this license across the European Economic Area through passporting rules , which means that Revolut could be considered as a bank in Europe.

Report 232

Report Banking Fintech .Net 232

TechCrunch

MAY 13, 2021

A large group of investors participated in the round, including Concrete Rose VC, Avanta Ventures, Kapor Capital, Samsung Next, Massive, Backstage Capital, Awesome People Ventures, Draft Ventures, Matchstick Ventures, M25, Silicon Valley Bank and Uncommon VC, among others. A number of angels also put money in the round. .

.Net 248

.Net Retail Banking Fintech 248

TechCrunch

FEBRUARY 3, 2022

I think it nets out to a changing market, but not one that has settled on a new level of risk tolerance. The net is that some investors appear to be dialing back their appetite for high-priced startup rounds, while others are, well, not. Hello and welcome to Daily Crunch for Thursday, February 3, 2022! What the heck does that mean?

Fintech 224

Fintech Banking Google Cloud Technical Review 224

TechCrunch

AUGUST 11, 2022

The wealth technology company was co-founded in 2019 by Taylor Matthews and Brad Genser, who say Farther is “a new kind of financial institution” catering to high-net-worth professionals building generational wealth but want the freedom of both an automated system and a professional.

CTO Coach 236

CTO Coach Artificial Intelligence Artificial Inteligence Banking 236

TechCrunch

MAY 19, 2022

I believed the platform I was running could be a lot bigger and scale a lot faster if we could connect more dots — and basically creating an end to end protein plant,” said Rehmann, who has worked for an investment bank and Microsoft.

Technical Review 219

Technical Review .Net Marketing Retail 219

TechCrunch

MAY 12, 2022

More consolidation is apace in the world of payments: Nexi , the Italian fintech that scooped up rivals Danish-based Nets and then Italy’s SIA to create a $12.5 In addition to payments company Nets/Concardis, Orderbird’s other investors had included Digital+ Partners and Metro Group, and it had raised around $55 million in all.

SMB 251

SMB .Net Strategy Banking 251

TechCrunch

JUNE 11, 2021

After connecting your bank account with Cashbee, you can transfer money back and forth between your bank account and a savings account. Right now, Cashbee partners with My Money Bank for the savings accounts. Cashbee doesn’t keep your money, it just acts as a middle person between your bank account and My Money Bank.

.Net 203

.Net Banking Fintech Retail 203

CIO

FEBRUARY 13, 2024

For example, if you are in banking, your organization is likely to measure itself by profitability ratios such as net interest margin (the difference between interest income generated and interest expenses) or PCL (provision for credit losses). Marketing and sales had measured success by how many new card accounts were opened.

Banking 239

Banking Strategic Planning Metrics Strategy 239

Existek

FEBRUARY 7, 2024

How does mobile banking impact the future of the financial industry? Why do banks and financial institutions recognize the potential to offer mobile app services to their customers? Check this article on how to build a mobile banking app and discover the opportunities it opens for your business.

Banking 52

Banking Applications Technical Review How To 52

TechCrunch

MAY 26, 2021

The relationships between banks and fintechs are multi-faceted. Well, today, an announcement by global payments giant Visa is aimed at helping facilitate banks and fintechs’ ability to work together. So literally over $100 billion is going into fintech, which is more than the combined tech budgets of every bank in the U.S.

Fintech 292

Fintech Banking B2B Programming 292

Openxcell

SEPTEMBER 11, 2023

This is banking as a service. The concept of Banking as a Service (BaaS) is quickly gaining traction in the financial sector. A number of factors are driving this shift to BaaS, including the rise of fintech companies and the increasing demand for digital banking services. So, what is exactly banking as a service?

Banking 52

Banking Fintech Airlines Infrastructure 52

TechCrunch

MARCH 16, 2023

On Friday, the Federal Deposit Insurance Corporation announced that it had taken over Silicon Valley Bank , and as we rushed to plan coverage, one of my colleagues succinctly described the situation: “This is historic s**t.” Bank runs are often ironic in that they can become self-fulfilling prophecies.)

Banking 225

Banking Insurance Systems Review .Net 225

TechCrunch

DECEMBER 9, 2021

The market for simplifying net terms payments and embedding BNPL payment options is exploding as companies work to mitigate the pain of payments caused by overextended and snarled supply chains,” said Chris Tsai, Resolve’s CEO and co-founder. Resolve, ahem, resolves to make net terms simple and easily embeddable.

B2B 246

B2B .Net Small Business Banking 246

TechCrunch

JUNE 6, 2022

Per a World Bank report , only 11% of Africa’s population have their credit information recorded by private credit bureaus. And for those who are banked, only 17% have accessed loans. This concern was too significant for Yvonne Johnson to ignore while working as an executive with First Bank, one of Nigeria’s largest banks by assets.

Banking 216

Banking B2C Fintech Machine Learning 216

TechCrunch

JUNE 7, 2022

The startup, which focuses on earned wage access and finance education, with plans to add neo banking products, too, announced today it has raised $2.8 Additionally, financial uncertainty and a lack of a financial safety net creates a lingering feeling of insecurity, and is the main cause of mental stress among workers.”

Banking 219

Banking Education .Net Insurance 219

TechCrunch

FEBRUARY 10, 2023

The rise in open banking and payment services like India’s UPI and Singapore’s PayNow means lower costs for businesses, as well as new payment options for hundreds of millions of customers in emerging markets who don’t own credit cards. Some of the startup’s customers include B2B marketplace IndiaMART, which claims more than 7.4

B2B 231

B2B Travel Banking Fintech 231

TechCrunch

AUGUST 27, 2021

That was one of the drivers for Zeal’s latest product, the Abacus gross-to-net calculator, which payroll companies can use to ensure they are compliant in paying their income taxes. Meanwhile, Shenoy cited IRS data that showed more than 40% of small and medium businesses pay at least one payroll penalty per year.

Banking 247

Banking Infrastructure Fintech Fractional CTO 247

TechCrunch

OCTOBER 20, 2022

Challenger bank N26 is launching a new trading feature in its app — N26 Crypto. The main advantage with N26 Crypto is that it is directly tied with your existing bank account. Similarly, when you cash out with N26 Crypto, you will get EUR in your main N26 account — no need to transfer money back to your bank account.

Banking 217

Banking Fintech .Net Course 217

TechCrunch

MARCH 11, 2023

Writer’s note: We’re breaking from our usual formatting this week because there was a once-in-a-generation collapse of one of the biggest banks in the country. On Friday, I wrote about how Silicon Valley Bank has been closed by regulators , which are now in charge of the bank’s deposits.

Banking 246

Banking Malware .Net Analysis 246

TechCrunch

AUGUST 13, 2023

Discussing the topic of banking in a post-SVB world, we’ll have Mercury ’s Immad Akhund onstage with JPMorgan Chase’s Melissa Smith and Piermont Bank’s Wendy Cai-Lee. The company also turned its net loss from last year into a profit. Mary Ann digs in further here. million, up from $44.6 million, up from $44.6 Former Snap Inc.

Fintech 246

Fintech .Net Banking Insurance 246

TechCrunch

AUGUST 8, 2023

Participants also include “four of Asia’s wealthiest families,” the startup said in its press release, whose operating businesses encompass banking and real estate across Southeast Asia and China. Other investment apps in Singapore include Syfe and Stashaway , which also attracted big VC bucks a couple years ago.

Real Estate 246

Real Estate Fintech Banking .Net 246