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Three Ways Banks Can Improve Identity Authentication and Customer Data Privacy

CIO

Digitalization is a double-edged sword for banks, especially when it comes to security. As financial services become more digital in nature, it’s important that banks think differently when using data analytics, security tools, and education to improve identity authentication and customer data privacy.

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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 most read Silicon Valley Bank implodes: Silicon Valley Bank Financial, the publicly traded holding firm of Silicon Valley Bank (SVB), is in crisis. And on Friday, SVB was shut down by regulators, which are now in charge of the bank’s deposits.

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As AI pervades biotech, what are investors looking for in 2023?

TechCrunch

bank JP Morgan chose to announce the launch of its healthcare venture capital practice , which will invest in early- to growth-stage companies in the space. Six active biotech investors we surveyed recently told us that the macro environment has definitely had a big impact on deal flow, valuations and M&A in biotech.

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Employee engagement: 10 best practices for improving your culture

CIO

Show recognition According to a recent Gallup/Workhuman survey , employee recognition that is fulfilling, authentic, equitable, personalized, and embedded into the company culture is so critical to employee engagement that it can be tracked to the bottom line. We do incident reviews when there’s a failure or a mistake.

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A tale of two surveys: Fintech VCs change tune on investment landscape

TechCrunch

In mid-February, we published a survey of 10 fintech investors with questions on topics such as what areas they are excited about and their outlook for the future. Here we are, not even six months later, and the vibe from the responses of our latest survey — this time of eight fintech investors — is a very different one. Weekly News.

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Silicon Valley Bank: Here’s a timeline of the bank’s failure

TechCrunch

Writer’s note: We’re breaking from our usual formatting this week because there was a once-in-a-generation collapse of one of the biggest banks in the country. On Friday, I wrote about how Silicon Valley Bank has been closed by regulators , which are now in charge of the bank’s deposits. Some advised diversification.

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So much fintech M&A

TechCrunch

In particular, I’m interested in whether banks can be opportunistic. Some of the large banks have already been active, and the others need to ask themselves whether they are serious about innovation and digital transformation. If they are, they can’t afford to miss this moment.”. Equity management platform Carta had a rough week.

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