TechCrunch

JANUARY 19, 2023

That’s because they’re on the hook for interchange fees, or transaction fees a merchant’s bank must pay whenever a customer uses a card to make a purchase. to enable customers to make online payments using their bank accounts. Customers sign up with their bank account information and pay within the flow. .

Banking 250

Banking Fintech Report Recruiting 250

TechCrunch

OCTOBER 26, 2021

Based in Hong Kong, Finverse ’s ambitious goal is to enable open banking throughout the Asia-Pacific region. million in seed funding, and is now live in four markets (Hong Kong, the Philippines, Singapore and Vietnam) with connections to 30 banks. Brankas wants to bring Southeast Asia’s banks and e-commerce into the digital era.

Banking 244

Banking Fintech Weak Development Team Compliance 244

TechCrunch

MAY 12, 2023

This creates increased regulatory scrutiny, with the risk of massive fines for non-compliance. Or, the UK’s Financial Conduct Authority fining GT Bank £7.8m Or, Solaris , the German Bank-as-a-Service (BaaS) provider slapped with a restriction to not onboard any future clients without government approval. for AML failures.

Fintech 246

Fintech Banking Compliance Enterprise 246

CIO

NOVEMBER 27, 2024

Examples include the 2008 breach of Société Générale , one of France’s largest banks, when an employee bypassed internal controls to make unauthorized trades, leading to billions of dollars lost. Similarly, in 2017 Equifax suffered a data breach that exposed the personal data of nearly 150 million people.

Artificial Inteligence 199

Artificial Inteligence Artificial Intelligence Government Compliance 199

TechCrunch

NOVEMBER 17, 2021

Jiko , a fintech startup that uses customer deposits to purchase short-term treasury bills, announced its first banking-as-a-service (BaaS) client today. It will partner with Euphoria , a technology suite for the transgender community that helps alleviate the struggles associated with gender transition, to launch a banking app called Bliss.

Banking 242

Banking Fintech B2B Construction 242

OTS Solutions

JUNE 21, 2023

However, as more organizations rely on these applications, the need for enterprise application security and compliance measures is becoming increasingly important. Breaches in security or compliance can result in legal liabilities, reputation damage, and financial losses.

Compliance 246

Compliance Enterprise Applications Software Review 246

TechCrunch

JULY 29, 2022

As for Kompliant’s second co-founder, Brad Wiskirchen, he was chairman of the board at the Federal Reserve Bank of San Francisco and a member of the interdepartmental working group on finance and technology at the International Monetary Fund. ” Image Credits: Kompliant. . ” Image Credits: Kompliant.

Compliance 212

Compliance Company Banking Retail 212

TechCrunch

MARCH 9, 2023

Synctera , a banking-as-a-service startup, has raised an additional $15 million as it expands into Canada. NAventures, the corporate venture arm of National Bank of Canada, led the financing, which brings Synctera’s total raised to $60 million since its June 2020 inception. Until now, the company has only operated in the U.S.

Banking 211

Banking Fintech Company Compliance 211

TechCrunch

AUGUST 29, 2022

However, it differentiated itself by committing to payments on social media platforms, which Nigerian digital bank Carbon was interested in when it acquired the startup in 2019. As such, banking-as-a-service platforms see an opportunity to provide more personalized services and flexibility at less cost.

Banking 232

Banking Fintech Compliance Infrastructure 232

AWS Machine Learning - AI

MAY 15, 2025

The banking industry has long struggled with the inefficiencies associated with repetitive processes such as information extraction, document review, and auditing. As a result, banks face operational challenges, including limited scalability, slow processing speeds, and high costs associated with staff training and turnover.

Artificial Inteligence 92

Artificial Inteligence Banking Groups Systems Review 92

CIO

JANUARY 30, 2025

It has become a strategic cornerstone for shaping innovation, efficiency and compliance. Data masking for enhanced security and privacy Data masking has emerged as a critical pillar of modern data management strategies, addressing privacy and compliance concerns. In 2025, data management is no longer a backend operation.

Scalability 169

Scalability Government Trends Artificial Inteligence 169

CIO

JANUARY 6, 2025

AI and Machine Learning will drive innovation across the government, healthcare, and banking/financial services sectors, strongly focusing on generative AI and ethical regulation. Adopting multi-cloud and hybrid cloud solutions will enhance flexibility and compliance, deepening partnerships with global providers.

Trends 122

Trends Artificial Inteligence IoT Energy 122

TechCrunch

OCTOBER 1, 2022

Customers are able to spend their crypto or cash using the startup’s Mastercard-powered debit card, make bill payments and easily move funds to and from traditional banks if they so desire. “Crypto natives in the US are finding existing banks completely inadequate for everyday use of crypto.

Banking 255

Banking Programming Fintech Blockchain 255

CIO

DECEMBER 26, 2024

Banks are striving for digital innovation but regulatory constraints, data security and privacy concerns, integration challenges, and the high costs of enabling change prevent 70% from achieving their transformation goals. Overall, the banks digital channel perception CSAT improved from 63% in 2022 to 80% in 2024. Want similar results?

Banking 78

Banking Unified Communications Cloud Innovation 78

TechCrunch

JANUARY 26, 2023

Prior to now, Hawk AI had raised $10 million , and with a fresh $17 million in the bank, the company said that it plans to bolster its product development and global expansion plans. Compliance officers need to have transparency over both.” And this is where Hawk AI is setting out its stall.

Banking 240

Banking Compliance Artificial Inteligence Machine Learning 240

TechCrunch

SEPTEMBER 16, 2022

But when it comes to cross border payments and international fund transfers generally, banks have had far fewer choices, and to industry veteran Gary Palmer, that spelled opportunity. He founded Payall , a cross-border processor for regulated banks, in 2018. We’ve built the UI and APIs that make it easy.”.

Banking 229

Banking Fintech Compliance Innovation 229

TechCrunch

SEPTEMBER 30, 2021

Alloy, which has built an identity operating system for banks and fintechs, announced Thursday that it has raised $100 million at a $1.35 Alloy was founded primarily to fix a “broken” onboarding process that has historically involved manual review when people applied for bank accounts online. billion valuation. Will they defraud us?”.

Fintech 246

Fintech Banking Systems Review Compliance 246

TechCrunch

SEPTEMBER 3, 2022

The Reserve Bank of India (RBI) has given lenders until the end of November to implement adequate systems and processes to ensure that new and existing loans comply with its digital loan rules issued last month.

Banking 221

Banking Guidelines Compliance Report 221

CIO

FEBRUARY 16, 2024

The generative AI revolution has the power to transform how banks operate. Banks are increasingly turning to AI to assist with a wide range of tasks, from customer onboarding to fraud detection and risk regulation. So, as they leap into AI, banks must first ensure that their data is AI-ready. Generative AI, Innovation

Generative AI 198

Generative AI Banking Artificial Inteligence Malware 198

TechCrunch

FEBRUARY 1, 2023

Treasury Prime co-founder and CEO Chris Dean believes that the best outcomes for consumers will result from traditional banks and fintechs working together. The banking-as-a-service startup has worked to build relationships with both banks and fintechs. As we had more fintechs, it became easier to add more banks.”

Banking 216

Banking Fintech Network Compliance 216

CIO

SEPTEMBER 29, 2023

As I work with financial services and banking organizations around the world, one thing is clear: AI and generative AI are hot topics of conversation. In the finance and banking industry, however, organizations are seeking extra guidance on the best way forward. Regulatory compliance. In short, yes. But it’s an evolution.

Generative AI 200

Generative AI Banking Artificial Inteligence Organization 200

TechCrunch

MARCH 29, 2023

It’s been a particular challenge for the financial services industry, which has comparatively strict governance and compliance requirements. Securities and Exchange Commission (SEC) fined Wall Street banks, including Bank of America and Goldman Sachs, $1.8 In September, the U.S.

Compliance 200

Compliance Technical Review VOIP Banking 200

TechCrunch

OCTOBER 8, 2021

a banking-as-a-service (BaaS) platform that aims to build “DeFi for traditional finance,” has raised $16 million in a Series A round of funding led by CM Ventures. From a product architecture standpoint, Productfy has been built “from the ground up,” he said, to operate with multiple banking partners. Productfy Inc. ,

Technical Review 292

Technical Review Development Team Review Banking Fintech 292

CIO

DECEMBER 30, 2024

Data sovereignty and the development of local cloud infrastructure will remain top priorities in the region, driven by national strategies aimed at ensuring data security and compliance. However, overcoming challenges such as workforce readiness, regulatory compliance, and cybersecurity risks will be critical to realizing this vision.

Trends 158

Trends Innovation IoT Disaster Recovery 158

TechCrunch

MARCH 11, 2023

most read Silicon Valley Bank implodes: Silicon Valley Bank Financial, the publicly traded holding firm of Silicon Valley Bank (SVB), is in crisis. Venture firms advised portfolio companies to move money out of SVB after the bank said it would book a $1.8 Don’t miss it. Now on to WiR.

ChatGPT 234

ChatGPT Banking Enterprise Artificial Inteligence 234

TechCrunch

SEPTEMBER 23, 2021

Thomvest Ventures, Mubadala Ventures, Oak HC/FT, FinTech Collective, QED Investors, Bullpen Capital, ValueStream Ventures, Laconia, RiverPark Ventures, Stage II Capital and Cross River Bank also participated in the latest round. The company is one that is refreshingly transparent about its financials. operations.

Fintech 243

Fintech Banking Artificial Inteligence Machine Learning 243

CIO

FEBRUARY 16, 2024

The implications of generative AI on business and society are widely documented, but the banking sector faces a set of unique opportunities and challenges when it comes to adoption. If banks are to put their faith in AI, then transparency will be key to building trust. This is a problem banking leaders are increasingly aware of.

Generative AI 183

Generative AI Banking Data Artificial Inteligence 183

TechCrunch

MAY 8, 2023

Western sanctions against Russia: Tips for tech companies managing compliance risk by Walter Thompson originally published on TechCrunch Department of Commerce jointly warned industry of the risk of third-party intermediaries seeking to procure items on Russia’s behalf, identifying certain red flags to note.

Technical Review 221

Technical Review Compliance Software Review Company 221

CIO

JANUARY 5, 2025

With AI now incorporated into this trail, automation can ensure compliance, trust and accuracy critical factors in any industry, but especially those working with highly sensitive data. Without the necessary guardrails and governance, AI can be harmful. 4] On their own AI and GenAI can deliver value.

Enterprise 187

Enterprise Generative AI Weak Development Team Technical Review 187

CIO

FEBRUARY 5, 2024

Mohamed Salah Abdel Hamid Abdel Razek, Senior Executive Vice President and Group Head of Tech, Transformation & Information, Mashreq explains how the bank is integrating advanced technologies and expanding its digital footprint. This approach has significantly enhanced the customer banking experience.

Banking 179

Banking Artificial Inteligence Blockchain Scalability 179

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

CIO

FEBRUARY 11, 2025

For instance: Regulatory compliance, security and data privacy. With stringent laws like GDPR and PCI DSS, technology leaders must ensure serverless providers support compliance requirements. We selected BIAN (Banking Industry Architecture Network) and used many of the out-of-the-box definitions for APIs and microservices.

Serverless 155

Serverless Architecture Microservices Scalability 155

CIO

MAY 19, 2025

Practical pathways for integrating agentic AI into existing enterprise environments, particularly those constrained by compliance or legacy systems. Access control, anonymization strategies and safe harbor approaches help ensure compliance even when agents are cross-referencing multiple data sources. Compliance-driven fail-safes.

Enterprise 149

Enterprise Artificial Inteligence Software Review Systems Review 149

CIO

MAY 1, 2025

For domain-centric solutions such as in the banking or energy sector, SLM is the way to go for agility, cost-effective resources, rapid prototype and development, security, and privacy of organizational data, Kasthuri says. Microsofts Phi, and Googles Gemma SLMs.

Artificial Inteligence 186

Artificial Inteligence Airlines Healthcare Firewall 186

AWS Machine Learning - AI

MARCH 20, 2025

It adheres to enterprise-grade security and compliance standards, enabling you to deploy AI solutions with confidence. Legal teams accelerate contract analysis and compliance reviews , and in oil and gas , IDP enhances safety reporting. Loan processing with traditional AWS AI services is shown in the following figure.

Data 119

Data Generative AI Artificial Inteligence Compliance 119

Perficient

MARCH 25, 2025

A mid-sized bank I was consulting with for their data warehouse modernization project finally realized that data isn’t just some necessary but boring stuff the IT department hoards in their digital cave. The bank implemented robust data governance practices to enhance data quality, security, and compliance.

Banking 52

Banking Government Data Compliance 52

TechCrunch

AUGUST 19, 2021

Company co-founder and CEO Mukund Goenka spent more than 15 years working in the banking industry where he saw first-hand the difficulties in keeping up with regulations and the financial consequences of failing to do so. He formed Regology to provide large global companies with a way to stay on top of these myriad regulations.

Compliance 260

Compliance Technical Review Banking Video 260