TechCrunch

MARCH 10, 2023

Hi, Crunchers, Today, there’s only one story on everyone’s lips: The sudden and dramatic collapse of Silicon Valley Bank (SVB), the 40-year-old Silicon Valley institution. With $209 billion of assets under management at the time of its failure, it’s the second-largest bank failure in U.S.

Banking 246

Banking B2B Report Hardware 246

Mobilunity

APRIL 29, 2024

If you also consider releasing an app for banking and finance, you’ll need to find ASP,NET Core, and MS Azure engineers. As for technologies, many companies and startups prefer NET Core, ASP, and Microsoft Azure in banking and financial services. The market volume of digital banks alone is expected to reach $3.20

.Net 52

.Net Azure Banking Fintech 52

TechCrunch

AUGUST 30, 2022

Pezesha is tapping local and international banking institutions, HNWIs and DeFi for additional liquidity for onward lending. Pezesha plans to create a $100 million financing opportunity each year for businesses by tapping local and international banking institutions, high-net-worth individuals and decentralized finance. “We

Fintech 247

Fintech Banking Blockchain .Net 247

TechCrunch

OCTOBER 19, 2021

Earlier this month, Citibanamex — Mexico’s second-largest bank — announced that it is building new APIs to allow fintech companies real-time access to information like its services and ATM locations. The move comes as Mexico’s fintech ecosystem flourishes so fiercely that traditional banks have to embrace them or risk lagging behind.

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Fintech Banking Technical Review .Net 232

TechCrunch

MARCH 10, 2023

I write this twice-weekly newsletter on a tight deadline, so when I saw a press release that started with “Silicon Valley Bank, Santa Clara, California, was closed today,” I realized I might need to pivot. ” Silicon Valley’s favorite bank just failed. Will those customers ever be made whole? Sit with that.

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B2B Fintech Banking Survey 229

TechCrunch

MAY 1, 2023

Assuming the (very light) due diligence goes to plan and they like your company, you could have the money in your bank account within a week. You could submit a pitch on Monday and you could have money in the bank on Friday, feasibly.” So the entire process can be done in a week.

.Net 184

.Net Video Banking Meeting 184

TechCrunch

FEBRUARY 1, 2021

The company’s annual reports reveal numbers on gross earnings, profit/loss before and after-tax, net impairment loss, total assets, liabilities, and equity, among others. Also, in its quest to become a digital bank, Carbon acquired a microfinance bank license. Image Credits: Carbon.

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Banking Insurance Fintech Technical Review 291

TechCrunch

MARCH 30, 2022

billion last year — up 153% year-over-year in terms of global VC deal value — and include a range of outfits, from payments companies to digital banks to corporate spend players. It’s not as typical for us to hear, though, about venture capitalists pouring millions of dollars into a traditional bank.

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Banking Fintech Technical Advisors Strategy 209

CIO

OCTOBER 7, 2024

billion restructuring plan with its banks and shareholders. That wasn’t enough to get it back into the black, though, and its net loss in the first half of the year grew to €1.91 After a troubled year and a series of new CEOs, Atos seemed to have pulled a rabbit out of the hat in July, when it locked in a $1.8 billion (about $2.1

Government 278

Government .Net Big Data Banking 278

CIO

DECEMBER 13, 2023

Emirates NBD is one of the first banks in the region to successfully integrate Sustainability Manager in its sustainability journey which will drive efficiencies by engaging on all horizons. The UAE Net Zero Strategy initiative is a national drive to achieve net-zero emissions by 2050, making the Emirates the first MENA country to do so.

Sustainability 246

Sustainability .Net Banking Strategy 246

TechCrunch

MARCH 29, 2022

Abdigani Diriye, Khalid Keenan and Youcef Oudjidane, the other co-founders, have combined experience across engineering, investment banking and venture capital. Founders : Alphas Sinja, Boya’s chief executive officer, has over eight years of experience in the banking and finance sectors. Website : [link]. Founded in : 2020.

.Net 228

.Net CTO Banking Fintech 228

CEO Insider

MAY 12, 2023

According to the most recent CEO survey by CEOWORLD magazine Executive Council, the current banking crisis has caused concern among chief executives; however, they are not inclined to switch institutions. A survey was published less than a month after the federal bailout of three regional banks. appeared first on CEOWORLD magazine.

Banking 119

Banking Survey Marketing .Net 119

TechCrunch

JULY 22, 2021

Then Yang joined Kaji at First Republic Bank to work together and continue the conversation. Allocate is the next transition of a true platform that enables family offices and high-net worth individuals access.”. 5 innovative fundraising methods for emerging VCs and PEs.

Banking 249

Banking Nonprofit Groups Retail 249

TechCrunch

SEPTEMBER 21, 2022

In Ivory Coast, one of Francophone Africa’s largest mobile money markets, 75% of the population own a mobile money account, compared to 20% who hold bank accounts. Here, businesses can deposit their cash from physical and field sales into their Julaya account via a mobile money agent branch without going to a bank. . million monthly.

Fintech 202

Fintech Banking Sport Mobile 202

CIO

AUGUST 21, 2024

From insurance to banking to healthcare, organizations of all stripes are upgrading their aging content management systems with modern, advanced systems that introduce new capabilities, flexibility, and cloud-based scalability. With support from Hyland Professional Services, the bank migrated 2.5

Case Study 278

Case Study Study Enterprise Insurance 278

TechCrunch

SEPTEMBER 26, 2022

First in line at this point in time — in a decision which is due in December — is banking giant Barclays. But the prospect of a profitable, global bank taking over the contract has been branded “insane” and “mad” by some key U.K. We can’t hand the support to the tech ecosystem to an incumbent bank! industry players.

Technical Review 164

Technical Review Government Banking .Net 164

TechCrunch

MAY 14, 2023

The idea actually came from a customer, he said, who thought Brex “could handle those customers better than big banks.” The first week after the SVB meltdown , the FDIC was not going to accept any bids from entities other than banks. Mary Ann Digital banking for seniors Different demographics can have different banking needs. .

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Fintech Banking .Net Report 280

TechCrunch

MARCH 19, 2023

Before it crashed, Silicon Valley Bank was known to many startups and venture firms as the place to park their money or take out a capital line. After the bank’s collapse and the ensuing chaos, many were left wondering if the things they loved most about SVB would continue. Those kinds of limits often restrict first-time funds.

Banking 247

Banking .Net Network Company 247

Capgemini

SEPTEMBER 21, 2021

This kind of objection should resonate with anyone who has embarked on the transition to net zero. Employees play a crucial role in Transition to Net Zero. The company thus needs to help its people develop or extend the competencies (knowledge, skills and attitudes) required to reach their net zero ambitions. Sound familiar?

.Net 98

.Net Sustainability Banking Training 98

TechCrunch

SEPTEMBER 14, 2021

It’s also selling its SaaS to customers in foreign exchange, banking and (ofc) crypto. PassFort tells TechCrunch it now has 54 customers in total, saying the majority are in the digital payments space. It also touts some “major” customer wins preceding this raise — name-checking the likes of Curve and WorldRemit.

.Net 252

.Net Compliance Policies Fintech 252

Perficient

APRIL 18, 2024

Open Banking is going to do for the banking industry what the introduction of the Apple smart phone did for cell phones. What is Open Banking? Traditionally, banks hoarded financial data, sharing it sparingly on a need-to-know basis.

Banking 52

Banking Retail Compliance .Net 52

TechCrunch

MAY 11, 2023

For banks and credit unions, then, interest-rate hikes are more than welcome. For perspective, consider that net interest income at Wells Fargo in the first quarter amounted to $13.3 That’s a lot of money the bank can spend, save or invest. billion , up 45% from a year earlier.

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Fintech .Net Banking Study 222

TechCrunch

MARCH 1, 2023

While Revolut has yet to obtain a banking license in the U.K. its home country), the company now has a full banking license in Lithuania. It can use this license across the European Economic Area through passporting rules , which means that Revolut could be considered as a bank in Europe.

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Report Banking Fintech .Net 232

TechCrunch

MAY 13, 2021

A large group of investors participated in the round, including Concrete Rose VC, Avanta Ventures, Kapor Capital, Samsung Next, Massive, Backstage Capital, Awesome People Ventures, Draft Ventures, Matchstick Ventures, M25, Silicon Valley Bank and Uncommon VC, among others. A number of angels also put money in the round. .

.Net 248

.Net Retail Banking Fintech 248

TechCrunch

FEBRUARY 3, 2022

I think it nets out to a changing market, but not one that has settled on a new level of risk tolerance. The net is that some investors appear to be dialing back their appetite for high-priced startup rounds, while others are, well, not. Hello and welcome to Daily Crunch for Thursday, February 3, 2022! What the heck does that mean?

Fintech 224

Fintech Banking Google Cloud Technical Review 224

TechCrunch

AUGUST 4, 2021

London-based Starling Bank has raised more than $900 million, per Crunchbase. But despite our general inclination to lump banking-focused fintech providers that serve consumers, business customers or both into a single bucket, there’s wide divergence in how the various neobank players are performing in the market.

Marketing 260

Marketing Fintech SMB .Net 260

TechCrunch

MAY 19, 2022

I believed the platform I was running could be a lot bigger and scale a lot faster if we could connect more dots — and basically creating an end to end protein plant,” said Rehmann, who has worked for an investment bank and Microsoft.

Technical Review 219

Technical Review .Net Marketing Retail 219

TechCrunch

AUGUST 11, 2022

The wealth technology company was co-founded in 2019 by Taylor Matthews and Brad Genser, who say Farther is “a new kind of financial institution” catering to high-net-worth professionals building generational wealth but want the freedom of both an automated system and a professional.

CTO Coach 236

CTO Coach Artificial Intelligence Artificial Inteligence Banking 236

TechCrunch

JUNE 11, 2021

After connecting your bank account with Cashbee, you can transfer money back and forth between your bank account and a savings account. Right now, Cashbee partners with My Money Bank for the savings accounts. Cashbee doesn’t keep your money, it just acts as a middle person between your bank account and My Money Bank.

.Net 203

.Net Banking Fintech Retail 203

TechCrunch

MAY 12, 2022

More consolidation is apace in the world of payments: Nexi , the Italian fintech that scooped up rivals Danish-based Nets and then Italy’s SIA to create a $12.5 In addition to payments company Nets/Concardis, Orderbird’s other investors had included Digital+ Partners and Metro Group, and it had raised around $55 million in all.

SMB 251

SMB .Net Strategy Banking 251

CIO

AUGUST 1, 2024

billion)in the first six months of the year, compared to a loss of €434 million a year earlier; Its net loss for the half-year was €1.91 billion from banks and bondholders. The ailing French IT services provider recorded an operating loss of €1.7 billion (about $1.8 billion, compared to €600 million a year prevously. billion now.

.Net 317

.Net Big Data Banking Marketing 317

TechCrunch

MAY 26, 2021

The relationships between banks and fintechs are multi-faceted. Well, today, an announcement by global payments giant Visa is aimed at helping facilitate banks and fintechs’ ability to work together. So literally over $100 billion is going into fintech, which is more than the combined tech budgets of every bank in the U.S.

Fintech 292

Fintech Banking B2B Programming 292

Tenable

JUNE 14, 2024

And when banks use AI, how does that affect their consumer and corporate customers, as well as their investors and other third parties? gov’t wants to know What obstacles to responsible use of artificial intelligence (AI) do financial institutions face? How is AI impacting their operations?

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Software Review Artificial Inteligence Banking Artificial Intelligence 75

TechCrunch

DECEMBER 9, 2021

The market for simplifying net terms payments and embedding BNPL payment options is exploding as companies work to mitigate the pain of payments caused by overextended and snarled supply chains,” said Chris Tsai, Resolve’s CEO and co-founder. Resolve, ahem, resolves to make net terms simple and easily embeddable.

B2B 246

B2B .Net Small Business Banking 246

CIO

FEBRUARY 13, 2024

For example, if you are in banking, your organization is likely to measure itself by profitability ratios such as net interest margin (the difference between interest income generated and interest expenses) or PCL (provision for credit losses). Marketing and sales had measured success by how many new card accounts were opened.

Banking 278

Banking Strategic Planning Metrics Strategy 278

TechCrunch

JUNE 6, 2022

Per a World Bank report , only 11% of Africa’s population have their credit information recorded by private credit bureaus. And for those who are banked, only 17% have accessed loans. This concern was too significant for Yvonne Johnson to ignore while working as an executive with First Bank, one of Nigeria’s largest banks by assets.

Banking 216

Banking B2C Fintech Artificial Inteligence 216

TechCrunch

JUNE 7, 2022

The startup, which focuses on earned wage access and finance education, with plans to add neo banking products, too, announced today it has raised $2.8 Additionally, financial uncertainty and a lack of a financial safety net creates a lingering feeling of insecurity, and is the main cause of mental stress among workers.”

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Banking Education .Net Recruiting 219