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Credable, a digital banking infra startup that wants to build Unit for emerging markets, gets funding

TechCrunch

Embedded finance solutions in less developed markers are becoming more prominent as platforms look to provide various financial solutions to the unbanked and underserved. Banking infrastructure providers are mainly responsible for the proliferation of such solutions. Banking-as-a-service startup Unit closes on $100M at a $1.2B

Banking 217
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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
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AI adoption accelerates as enterprise PoCs show productivity gains

CIO

“Everyone is running around trying to apply this technology that’s moving so fast, but without business outcomes, there’s no point to it,” says Redmond, CIO at power management systems manufacturer Eaton Corp. “We A human reviews it to make sure it makes sense, and if it does, the AI incorporates that into the learning model,” she says.

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Vyne raises $15.5M seed round to grow its merchant-focused open banking solutions

TechCrunch

Open banking — a new approach to payments and other financial services that disrupts traditional card-based infrastructure by linking directly into banks — is having a moment. The sizable seed round from strong investors is due to a few factors. million to help it grow. million to help it grow.

Banking 207
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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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Cybersecurity Snapshot: U.S. Gov’t Unpacks AI Threat to Banks, as NCSC Urges OT Teams to Protect Cloud SCADA Systems

Tenable

Check out new guidance for banks on combating AI-boosted fraud. Plus, how to cut cyber risk when migrating SCADA systems to the cloud. Treasury Department has issued a report aimed at helping banks and other financial institutions address this emerging AI threat. Meanwhile, why CISA is fed up with SQLi flaws. And much more!

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With fresh capital, Symend aims to build a better debt collection system

TechCrunch

A more recent report from the Federal Reserve Bank of New York estimates that total household debt in Q3 2022 reached $16.51 ” Joshaghani hails from the financial industry, having worked as a corporate finance manager and investment banking association. According to a September 2021 survey from Bankrate.com, 42% of U.S.