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Open banking startup Finverse wants to build the Asia-Pacific region’s Plaid

TechCrunch

Based in Hong Kong, Finverse ’s ambitious goal is to enable open banking throughout the Asia-Pacific region. million in seed funding, and is now live in four markets (Hong Kong, the Philippines, Singapore and Vietnam) with connections to 30 banks. market because it was reliable and developer-friendly, Lesaffre said.

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Daily Crunch: First Republic Bank stock reaches record low as feds discuss rescue plan

TechCrunch

On today’s episode of our Equity podcast, the team dives in to ponder whether First Republic’s share tumble is a victim of SVB’s collapse , or whether there’s something else in the water. He writes, “That’s not so good for the bank, or its customers. PDT, subscribe here. It’s well worth a listen — as ever! . Big Tech Inc.

Banking 194
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The ultimate guide to mobile banking app development in 2024

Openxcell

billion smartphone users worldwide, it’s imperative for banks and financial companies to develop products and services that can be easily accessed via mobile devices. During the past few years, mobile banking apps have grown in significance. Mobile banking app development: why should businesses invest in it?

Banking 52
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TomoCredit raises $7M to help the cash rich and credit poor

TechCrunch

So she teamed up with Dmitry Kashlev, a Russian immigrant, in January of 2019 to create a solution for other foreign-born individuals and young adults facing similar credit challenges. TomoCredit is a credit card that operates with a debit card model that is issued by Community Federal Savings Bank, a member of the FDIC.

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Financial IT leaders prep for a quantum-fueled future

CIO

Optimization problems, for which a whole chorus of variables must be fine-tuned and modulated, routinely plague financial firms, especially when it comes to highly engineered financial products such as those developed through quantitative analysis. Their work earned them a 2023 US CIO 100 Award for IT innovation and leadership.

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Daily Crunch: SBF says he’s ‘had a bad month,’ but is he really giving us the full story?

TechCrunch

Web3 developer platform Fleek has raised $25 million in Series A funding led by Polychain Capital , the company told Jacquelyn. Booting up : Haje took a closer look at Silicon Valley Bank–backed StartupOS, which launched what it hopes will be the operating system for early-stage startups. You can sign up here. Big Tech Inc.

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Daily Crunch: Game developer bans 6,700 cheaters and publishes their usernames

TechCrunch

— Christine and Haje The TechCrunch Top 3 No one likes a cheater : Definitely not Russian game developer Battlestate Games, which banned and doxed 6,700 cheaters from its Escape from Tarkov game. TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. Lorenzo has more. Ingrid writes that U.K.-based

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