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Silverflow nabs $17M for its updated, cloud-based take on payments processing technology

TechCrunch

Now that, too is starting to change: today, a company called Silverflow that’s built a new take on one aspect of that, with an API to enable data-based payment processing, is announcing $17 million in funding to capitalize on interest that it is seeing for its technology among payment service providers.

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8 tips for cultivating a winning IT culture

CIO

Employees want to work for leaders who inspire them, engage them, challenge them, and give them opportunities to grow and be effective, says Ola Chowning, a partner with technology research and advisory firm ISG. Caldas says that innovation today includes the adoption of promising new technologies, such as generative AI and open frameworks.

Culture 359
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7 steps for turning shadow IT into a competitive edge

CIO

But for a select few, the deeper challenges of departmental technologies being funded, procured, and managed without IT involvement are the missed opportunities to better engage and fulfill departmental technology needs. That’s not to downplay the inherent risks of shadow IT.

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Berlin’s Tilo raises seed round to tackle unstructured data sets with a serverless platform

TechCrunch

This is a problem particularly faced by financial firms, but it could also be useful in the areas of COVID contact tracing or general business intelligence. But if it can be done, there are all sorts of benefits, especially in finance, such as fraud detection, KYC/AML checks etc. But it remains a big problem to solve.

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Firebolt, a data warehouse startup, raises $100M at a $1.4B valuation for faster, cheaper analytics on large data sets

TechCrunch

It plans to use the money to continue investing in its technology stack, to step up with more business development, and to hire more talent for its team, to meet what it believes are changing tides in the world of data warehousing. We change the discussion from one of scale to one of speed and efficiency.”.

Analytics 218
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6 tips for making the most of a tight IT budget

CIO

IT leaders seeking to drive enterprise growth through technology investments are often saddled with budgets that make their tasks of increasing the top and bottom lines challenging. This is where Saurabh Mittal, CTO at Mumbai-based Piramal Capital & Housing Finance, wants IT leaders to make a careful distinction.

Budget 345
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Better, faster decisions: Why businesses thrive on real-time data

CIO

Gathering and processing data quickly enables organizations to assess options and take action faster, leading to a variety of benefits, said Elitsa Krumova ( @Eli_Krumova ), a digital consultant, thought leader and technology influencer. Nichol ( @PeterBNichol ), Chief Technology Officer at OROCA Innovations.

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