CIO

AUGUST 28, 2022

How has banking evolved during the rapid digitisation of recent years? Banks are no longer the key players in the market, with fintech companies, digital-first start-ups, and tech giants delivering their own brand of financial services. One example is Banking-as-a-Service, with the market expected to reach US$3.6

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TechCrunch

NOVEMBER 12, 2020

Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. Also participating is Anthos Capital, Global Brain, Clocktower Technology Ventures, Moneta VC, Mitsui Fudosan and Firestartr. Visa), regulation, and compliance,” he told me at the time.

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Hacker Earth Developers Blog

OCTOBER 4, 2018

Over 90% of the world’s leading banks are either exploring, experimenting (PoCs), or formulating a strategy for leveraging blockchain technology, says an Accenture survey. Traditional business processes are supported by the legacy IT infrastructure. Benefits of Blockchain in banking. Areas of impact.

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Blockchain Banking Technical Review Technology 208

TechCrunch

JULY 26, 2021

Sila announced Monday it raised $13 million in Series A funding for its banking and payment platform that gives software teams tools to build the next generation of financial products and services. CEO Karkal has a long history in the fintech space, co-founding Simple, an app unifying various accounts into one accessible bank card, in 2009.

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TechCrunch

SEPTEMBER 1, 2022

Laura Spiekerman is the co-founder and chief revenue officer of Alloy , an identity-decisioning platform for banks and fintech companies. Innovation continues to drive new developments in lending, payments, crypto and, in particular, infrastructure, showing that the industry still has lots of room for growth. Laura Spiekerman.

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TechCrunch

JUNE 22, 2022

Crypto custody and fintech infrastructure startup Prime Trust is positioning itself to do just that, and the company has just raised over $100 million in fresh funding to add new products to its existing suite, its CFO Rodrigo Vicuna told TechCrunch. “Most people hop into the onboarding piece first, because it’s necessary, right?

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CIO

MARCH 13, 2023

Two decades of technology-driven transformation has left many financial services firms with significant complexity and technical debt. There is no option for banks to ignore the increasing complexity and technical debt,” says Nick Drouet, CTO and Distinguished Engineer, Kyndryl UK and Ireland. They need to move quickly, and at scale.”

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TechCrunch

MARCH 30, 2022

Financial technology startups raised $121.6 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. Cross River Bank is not just any bank.

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TechCrunch

AUGUST 25, 2023

Banking-as-a-service (BaaS), embedded finance and open banking are among the hottest topics in fintech today. Make opening a bank account, storing money, receiving a payment card and lending money as easy as opening a social network account. The promise? In May 2022, Unit closed a $100 million round with a $1.2

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TechCrunch

JANUARY 27, 2022

In an effort to make it simpler, faster and cheaper, a pair of former Blend employees have teamed up to build mortgage loan origination software that will connect banks, credit unions, mortgage bankers and brokers. The infrastructure they are creating will be a core driver to automation and adoption in the industry.”.

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CIO

MARCH 18, 2024

Amid the turbulence of AI, technologies are emerging rapidly, startups are clamoring for attention, and hyperscalers are scrambling to corral market share. Brian Hopkins, vice president for emerging technology at Forrester Research, agrees. Given existing relationships with Webster Bank, that includes AWS and Microsoft.

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TechCrunch

OCTOBER 8, 2021

a banking-as-a-service (BaaS) platform that aims to build “DeFi for traditional finance,” has raised $16 million in a Series A round of funding led by CM Ventures. From a product architecture standpoint, Productfy has been built “from the ground up,” he said, to operate with multiple banking partners. Productfy Inc. ,

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OTS Solutions

JUNE 21, 2023

However, as more organizations rely on these applications, the need for enterprise application security and compliance measures is becoming increasingly important. Breaches in security or compliance can result in legal liabilities, reputation damage, and financial losses.

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Compliance Enterprise Applications Software Review 130

CIO

AUGUST 29, 2023

IBM is an iconic American technology brand. Brendan Kinkade, vice president of technology and hybrid cloud partnerships for IBM, says, “IBM and VMware have been partners for several decades, and we have a shared vision of what it takes to address our clients’ needs.

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CIO

FEBRUARY 28, 2024

This is what Mobicule Technologies , an independent software vendor (ISV) in fintech, realised as they expanded their client base in India’s financial services industry. Loan management simplified Large banks have tens of thousands of loan customers.

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CIO

APRIL 30, 2024

Using these technologies is not optional, and every organization must increase their use of AI in order to survive and thrive,” he says. Examples of high-risk systems include AIs used in critical infrastructure, education and vocational training, employment decisions, healthcare, banking, and those that could influence elections.

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Artificial Intelligence Artificial Inteligence Compliance Government 229

Openxcell

FEBRUARY 22, 2023

In this blog, we’ll discuss the front face of blockchain in the banking sector. Blockchain technology: A brief overview Blockchain is a decentralized digital ledger that records transaction information in a secure and immutable manner. What can banks do with blockchain technology?

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CIO

NOVEMBER 13, 2023

Mainframes are a critical piece of the technology infrastructure for countless enterprises. Whether it’s buying groceries, making a bank transfer, or booking a flight, the mainframe is powering how consumers interact with organizations and is behind millions of transactions that take place every day.

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TechCrunch

APRIL 6, 2022

Financial infrastructure startup Fidel API has raised $65 million in a Series B funding round led by Bain Capital Ventures. With this infrastructure, developers are able to create highly contextualized and event-driven user experiences at the point of purchase,” it claims. Fidel API enables that future.”

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TechCrunch

AUGUST 27, 2021

Our mission is to touch every American paycheck with our tax and payment technology, ensuring that American employees are paid correctly and efficiently,” Krishnan said. The co-founders intend to use the new funding to build out their team and strengthen compliance measures to ensure its track record with enterprises. “We

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Firemon

FEBRUARY 27, 2024

FireMon: Built for Compliance Reporting Real-Time Compliance Management at Scale Advanced Asset Discovery In Conclusion Get a Demo In today’s digital age, cybercrime has become big business and no industry is immune. Additional fines can be imposed due to data breaches, even if the organization is in compliance.

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TechCrunch

JANUARY 2, 2023

Larger companies are more likely to cut back on internal innovation efforts and technology investments that are not core to the business. Focus on how technology can solve hard problems, and don’t worry as much about finding what’s cutting edge in fintech. Higher cost of capital for the debt they lend. Fintechs serving SMBs.

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Mobilunity

APRIL 29, 2024

If you also consider releasing an app for banking and finance, you’ll need to find ASP,NET Core, and MS Azure engineers. As for technologies, many companies and startups prefer NET Core, ASP, and Microsoft Azure in banking and financial services. The market volume of digital banks alone is expected to reach $3.20

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.Net Azure Banking Fintech 52

Newgen Software

DECEMBER 11, 2023

Here is a wakeup call for banks. Customer loyalty, the card that banks were banking on for so long, is now decidedly elusive! Longstanding banking customers are increasingly opting for alternate lenders. And all these factors can be traced to a gap in technology.

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Systems Review Banking Software Review System 52

CIO

MARCH 11, 2024

The bad news is that it will take years for corporations to widely adopt this technology, as there are still too many obstacles in the way. These include security and data privacy concerns, low-quality data, reputational risks, and immature technology, to name a few.

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TechCrunch

APRIL 22, 2021

Her new startup, Thistle Technologies , is backed with $2.5 “It’s a defense mechanism,” Snyder told TechCrunch, a name that’s fitting for a defensive technology company. And so I’m building a security infrastructure company to support that security needs,” she said.

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Newgen Software

FEBRUARY 6, 2024

But their loan application is stuck in limbo with the bank. He has applied for loan in the reputed bank in his city. Loan Shopping-The Banker’s ordeal Wake up call- Customer loyalty, the card that banks were banking on for so long, is now decidedly elusive! And all of these factors can be traced to gap in technology.

Banking 52

Banking Software Review Systems Review Technical Review 52

TechCrunch

MARCH 27, 2022

It also operates in the corporate spend and expense management space, with more of a global footprint and infrastructure component. It had also filed for a bank charter last year but ended up withdrawing its application). open-banking startup Credit Kudos for around $150 million. In other news. I wrote about the startup’s $32.5

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CIO

APRIL 17, 2023

As consumers embrace ecommerce, digital banking, and online payment applications, the risk of fraud and other financial crimes has increased dramatically. And for every dollar lost to fraud, banks spend over $4 on recovery fees, legal fees, and other expenses. The stakes for financial organizations are growing as well. In 2021, U.S.

Cloud 248

Cloud Artificial Intelligence Artificial Inteligence Banking 248

CIO

OCTOBER 11, 2023

While international conflict, economic uncertainty and climate change are affecting businesses of all kinds, energy companies and utilities are also dealing with aging infrastructure, constant cyberattacks, increased regulation and rising customer expectations. A recent report from CNBC 3 noted, “Most of the U.S. Today, over 70% of the U.S.

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CIO

FEBRUARY 10, 2023

At Broadcom, we see challenges companies face first-hand, and in turn how technology trends impact the world’s largest companies. AI-powered features are finding their way into every layer of technology that organizations use. We’re sharing the top 5 predictions that you should be planning for in 2023.

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Openxcell

AUGUST 7, 2023

Now, the banking and finance segments are witnessing a greater impact by integrating AI systems to improve the operation of bank apps and services. One of the key benefits of applying AI in banking and finance lies in optimizing the customer-centric experience and upgrading technological stability.

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CIO

DECEMBER 19, 2023

Also, the report stated that a comprehensive solution, robust data security and compliance systems, outstanding customer support, and continuous innovation are key success factors for hybrid cloud providers. Serving as on-premises cloud infrastructure, Huawei Cloud Stack improves security and compliance.

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TechCrunch

JULY 27, 2021

Fireblocks , an infrastructure provider for digital assets, has raised $310 million in a Series D round of funding that tripled the company’s valuation to $2.2 The latter is the third global bank to invest in Fireblocks in addition to the Bank of New York (BNY) Mellon and SVB Capital. . billion in just over five months.

Banking 249

Banking Fintech Blockchain Infrastructure 249

Trigent

APRIL 27, 2022

Digital transformation in banking has been an important trend amidst economic uncertainties induced by the pandemic. It is no surprise that Gen-Z and millennials want their banks to be technology-driven with competitive digital solutions. The cornerstones of successful digital transformation in banking.

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Banking Blockchain Artificial Inteligence Infrastructure 52

Exadel

APRIL 27, 2023

The regulatory technology (RegTech) industry has emerged to cope with the regulatory pressure. RegTech offers innovative technologies that simplify and optimize compliance procedures in various ways. The amount of data which banks needed to process was huge and hard to track manually. billion in 2021 to $19.5

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Banking Report Compliance Fintech 52

CIO

FEBRUARY 16, 2024

The real power of the technology is its ability to draw on disparate data sets and connect workflows. In banking and financial services applications, for example, GenAI solutions are being developed to analyze customer data, market data, economic trends, and more to help support highly personalized insights and guidance.

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