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. market because it was reliable and developer-friendly, Lesaffre said.

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Banking Fintech Weak Development Team Compliance 244

TechCrunch

MAY 13, 2021

David is passionate about open-source and infrastructure software and previously worked in the Technology Investment Banking Group at Morgan Stanley. Because the best go-to-market (GTM) strategies for startups are like hamburgers: The bottom bun: Bottom-up GTM. The hamburger go-to-market strategy. More posts by this contributor.

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Marketing Strategy Software Review Technical Review 303

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. .”

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Banking Fintech Report Recruiting 250

CIO

NOVEMBER 26, 2024

McKinsey estimates that AI—and generative AI in particular— could contribute up to $340 billion annually to the global banking sector, accounting for approximately 4.7% Additionally, traditional processes are typically confined to predefined scenarios, limiting their ability to adapt to unexpected market conditions and changes.

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Banking Generative AI Compliance Agile 166

TechCrunch

MAY 12, 2023

Michael Beckley Contributor Share on Twitter Michael Beckley is a co-founder and CTO of Appian , where he drives the technical vision for the company, leads product and solutions marketing teams, and oversees customer initiatives. This creates increased regulatory scrutiny, with the risk of massive fines for non-compliance.

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Fintech Banking Compliance Enterprise 246

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.

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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.

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Banking Fintech Compliance Infrastructure 232

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.

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Compliance Company Banking Retail 212

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.

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TechCrunch

JUNE 17, 2021

A group of startups poised to benefit from this shift are those offering banking as a service. One such startup, Unit , has raised $51 million in a Series B round to further its goal of making it possible for companies and fintechs alike to build banking products “in minutes.”. to offer banking features as a service.

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TechCrunch

DECEMBER 1, 2022

And it’s against that backdrop that Tel Aviv– and New York–based communication compliance platform Shield wants to address the issues that most banks and investment firms face, including record management, electronic discovery, supervision and surveillance. Keeping up.

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Compliance Banking Meeting Company 184

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. ,

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Technical Review Development Team Review Banking Fintech 292

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.

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Compliance Technical Review VOIP Banking 200

TechCrunch

MARCH 24, 2021

Ketch , a startup aiming to help businesses navigate the increasingly complex world of online privacy regulation and data compliance, is announcing that it has raised $23 million in Series A funding. “One of our customers turned off digital marketing completely in order to comply. ” Image Credits: Ketch.

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Compliance Data Digital Marketing Banking 201

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.”

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Banking Fintech Network Compliance 216

TechCrunch

APRIL 26, 2022

Digital banking startup Cogni is joining the ranks of companies hopping on the crypto bandwagon. The company currently offers core banking services such as deposit accounts for free to its customers through a borrowed bank charter, like many other neobanks, including Chime. Cogni founder and CEO Archie Ravishankar.

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Banking Blockchain Mobile Compliance 206

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.

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Generative AI Banking Artificial Inteligence Organization 200

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. And it’s done that by spending roughly $10 million in total sales and marketing expenses, Bobley said.

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Fintech Banking Artificial Inteligence Machine Learning 243

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.

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ChatGPT Banking Enterprise Artificial Inteligence 234

TechCrunch

APRIL 26, 2023

Smile Identity , a KYC compliance and ID verification partner for many African fintechs and businesses, has acquired Inclusive Innovations, the parent company of Appruve , a Ghanaian developer of identity verification software.

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Fintech Development Team Review Systems Review Software Review 363

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.

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Banking Artificial Inteligence Blockchain Compliance 179

TechCrunch

SEPTEMBER 30, 2021

The case is particularly problematic in emerging markets like Africa, where local currencies are less liquid than those in developed markets. . Meanwhile, the B2B market, accounting for 30% of the world’s global imports and 45% of total employment in emerging markets — is largely untouched. ”

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Marketing B2B Fintech Banking 237

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

TechCrunch

OCTOBER 12, 2021

Today’s banking-as-a-service startups are similarly placed — instead of digging for treasure in the crowded consumer financial services marketplace, BaaS companies offer fintech companies access to APIs, compliance tools and other software needed to move money around. Playing matchmaker between banks and fintechs.

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Marketing Fintech Banking Windows 203

TechCrunch

OCTOBER 19, 2022

Since then, the company’s focus has been on helping employers deal with issues that make building distributed teams challenging, like variations in regulations from market to market, international payrolls and remote onboarding. Skuad also serves as a platform for workers to find employment. How to take advantage of distributed work.

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Compliance Recruiting Fintech Insurance 184

TechCrunch

OCTOBER 28, 2020

David is passionate about open-source and infrastructure software and previously worked in the Technology Investment Banking Group at Morgan Stanley. Many of today’s most successful software companies, from Atlassian and Datadog to Zoom, subscribe to the bottom-up SaaS go-to-market model.

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Strategy Software Review Technical Review Open Source 361

CIO

NOVEMBER 26, 2024

This approach has significantly enhanced the customer banking experience. As we expand our retail and corporate presence across the Middle East, Asia, and Africa, data residency compliance is a key focus. At Mashreq, we are redefining traditional banking by always placing our customers at the forefront of our operations.

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Banking Artificial Inteligence Blockchain Compliance 148

CIO

JUNE 5, 2023

The firms’ trade compliance teams must not only engage with all these processes but ensure they are aligned with ever-increasing regulations, which can differ notably from country to country. Although non-compliance with regulations can attract exorbitant fines, many pharma companies still depend on manual process for these value chains.

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Compliance Pharmaceuticals Banking Chemicals 147

TechCrunch

AUGUST 26, 2021

Today, the company is announcing that it has closed $9 million in seed funding to scale its operational presence, recruit talent and expand into new markets. The company is led by CEO Nikolai Barnwell , betPawa’s former head of New Markets, Africa. Typically , they would be required to use a bank account or card.

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Mobile Banking Fintech Infrastructure 324

CIO

MAY 16, 2023

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. ●

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Banking Artificial Intelligence Artificial Inteligence Compliance 156

TechCrunch

SEPTEMBER 28, 2021

Rize is an interesting company in a competitive space; the market for building financial technology products for use by customers enjoys a great number of players. Instead, synthetic accounts allow Rize to provide customers of its banking services a way to create a unified account for end users not tied to a single custodial account type.

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Fintech Banking B2B B2C 247

TechCrunch

OCTOBER 11, 2021

It plans to use the money to grow its footprint internationally after seeing strong demand in the market. Notably, FrankieOne has gotten to this point with no marketing or sales team. We knew we had found a market niche when this platform also met the needs of our peers.

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Fintech Banking Compliance Company 255

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. Their target market is large Fortune 500.

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Compliance Technical Review Banking Video 260

TechCrunch

JANUARY 2, 2023

Lenders have to manage three big tailwinds in today’s market: Rising delinquency rates and charge-offs. Neobanks transformed the customer experience of traditional banks by offering better digital products and lower costs. Online lenders. Lending is going to be hit hard. Higher cost of capital for the debt they lend. What’s hot.

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Fintech SMB Banking Small Business 305

TechCrunch

SEPTEMBER 14, 2021

London-based PassFort , a SaaS provider that helps business meet compliance requirements such as KYC (Know Your Customer) and AML (Anti-Money Laundering) reporting, has closed a $16.2 It’s also selling its SaaS to customers in foreign exchange, banking and (ofc) crypto. million Series A led by US growth equity fund, Level Equity.

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.Net Compliance Policies Fintech 252

CIO

AUGUST 28, 2022

How has banking evolved during the rapid digitisation of recent years? Banks are no longer the key players in the market, with fintech companies, digital-first start-ups, and tech giants delivering their own brand of financial services. One example is Banking-as-a-Service, with the market expected to reach US$3.6

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Banking Innovation Strategy Artificial Inteligence 148

CIO

SEPTEMBER 2, 2022

How has banking evolved during the rapid digitisation of recent years? Banks are no longer the key players in the market, with fintech companies, digital-first start-ups, and tech giants delivering their own brand of financial services. One example is Banking-as-a-Service, with the market expected to reach US$3.6

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Banking Innovation Strategy Artificial Inteligence 148