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Savana raises a fresh round of capital to digitize banks’ services

TechCrunch

Malvern, Pennsylvania–based Savana, a company building financial software products for legacy banks, today announced that it raised $45 million. Prior to FIS, he launched Sanchez Computer Associates, a supplier of core banking systems. “Today’s consumers prefer digital-only banking. Image Credits: Savana.

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Top 9 challenges IT leaders will face in 2023

CIO

The need to grow smartly Gil Westrich’s company, ClearML, is benefiting from increased adoption of artificial intelligence and machine learning (ML) technology. But the CTO and co-founder says that scaling to meet that demand presents its own challenges, which require self-reflection. How do we grow our business responsibly?”

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Daily Crunch: India’s Central Bank says cryptocurrency ‘may even be worse’ than Ponzi schemes

TechCrunch

India continues to debate the fate of cryptocurrencies : A nation’s regulatory and banking bodies debating blockchain technology and its related tokens is a daily occurrence. But when an official from India’s central bank compares cryptocurrencies to Ponzi schemes, we take note. The TechCrunch Top 3. You can sign up here.).

Banking 213
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Australia’s IT leadership moves 2022

CIO

In a LinkedIn post , Hildyard said that after five years in both CTO and CIO roles “it’s time for me to refresh and take on a new challenge”. Shane Kuret has joined Australian member-owned mutual bank BankVic as its CIO, Kuret announced in a LinkedIn post. Shane Kuret named BankVic CIO.

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Alloy, Synctera and Unit discuss the future of embedded finance at TC Disrupt

TechCrunch

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?

Fintech 210
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Product-based IT: A blueprint for success

CIO

Organizations don’t want fractional allocation — people rolling on to a project and rolling off,” he explains. At JP Morgan Chase, the approximately 12,000-person IT organization is being completely revamped to build solutions quickly with teams encompassing product owners along with technology, data, and design leaders.

UI/UX 287
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Locality Bank by Praxent

Praxent

Data warehousing and business intelligence systems will empower bank to take control of their data AUSTIN, Texas-( BUSINESS WIRE )- Locality Bank , a digital-first community bank, is reinventing local business banking by combining the best of personal relationships with modern technology.

Banking 52