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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 226
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Varo Bank raises another $63M, led by NBA star Russell Westbrook

TechCrunch

Varo Bank , which last year became the first U.S. neobank to be granted a national bank charter, announced this morning it’s raised another $63 million in new funding. Westbrook’s investment came through Russell Westbrook Enterprises , which previously backed social avatar startup Genies.

Banking 237
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Sesamm bags $37M to give corporates ESG insights using natural language processing

TechCrunch

With that in mind, Sesamm enables businesses to track textual data from across the web — including news portals, NGO reports and social networks — and convert this into actionable insights. Elsewhere, private equity firms can use Sesamm for due diligence on potential acquisition or investment targets.

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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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Daily Crunch: Due to ‘growing concerns about security risks,’ Samsung bans workers from using generative AI

TechCrunch

Nextdoor now has a new “Assistant” feature, powered of course by OpenAI’s ChatGPT, to help users of the neighborhood social network write posts that will have more positive engagement, Aisha writes. Oh, who are the people in your neighborhood? Want help finding your lost dog? Payday : Tage writes about Nomba’s recent fundraise of $30 million.

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

TechCrunch

“We also connect to several social media platforms and for specific event types we use external data sources as for example USGS (United States Geological Survey) for earthquake data or GDACS (Global Disaster Alert and Coordination System) for weather information.

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How a new tech-based Swedish payments authority will fight grant fraud

CIO

Due to an estimated $1.8 The payments authority, which will come into effect in 2024, will control all payments from the Swedish Tax Agency’s tax account, and most payments from the Swedish Social Insurance Agency, the Swedish Public Employment Service, the Swedish Pensions Agency and the Central Student Aid Board.