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It’s time to go paperless: are bank branches ready?

CIO

When the chief banking officer of a $10.3B community bank visited a competing super-regional branch in her suburban New Jersey neighborhood, she noticed something troubling. Today’s rapidly rising rate environment is driving activity across the country’s 72,000 bank branches 2. Consider the following real-world scenarios. ●

Banking 213
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LeapXpert raises $22M to monitor employee chats for compliance

TechCrunch

It’s been a particular challenge for the financial services industry, which has comparatively strict governance and compliance requirements. Securities and Exchange Commission (SEC) fined Wall Street banks, including Bank of America and Goldman Sachs, $1.8 In September, the U.S.

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Productfy raises $16M to build the ‘Shopify of embedded finance’

TechCrunch

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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The Hidden Gem of Savings in the Software Delivery. And no, it’s not AI

CIO

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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Silicon Valley Bank implodes, Apple launches a new music service, and ChatGPT goes enterprise

TechCrunch

It’s Kyle again, Greg’s stand-in for Week in Review. (He’ll If you’re a WiR newbie, it’s the newsletter where we recap the past five days in tech news. most read Silicon Valley Bank implodes: Silicon Valley Bank Financial, the publicly traded holding firm of Silicon Valley Bank (SVB), is in crisis.

ChatGPT 234
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Prewave pulls in $20M as supply chain tech investments remain on VC radars

TechCrunch

Despite the investor caution narrative permeating the startup world throughout the economic downturn, certain startup-types have been a little more impervious to market conditions. As businesses continue to face economic challenges, the importance of supply chain risk management technology is only expected to grow.”

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How to Hire Banking UX/UI Designers

Mobilunity

Banking apps face numerous other problems besides complex onboarding. Just imagine a banking app with simple navigation and personalized experiences — the qualities valued by 94% and 72% of users, respectively. Look at N26, a fully digital bank known for its intuitive, secure, and seamless experience, boasting over 8 million customers.

UI/UX 52