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Your IT infrastructure may be more outdated than you think

CIO

But in conflict with CEO fears, 90% of IT leaders are confident their IT infrastructure is best in class. Still, IT leaders have their own concerns: Only 39% feel their IT infrastructure is ready to manage future risks and disruptive forces. No one wants to be Blockbuster when Netflix is on the horizon, he says.

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Umba, a digital bank for emerging markets, raises $2M Seed funding to expand across Africa

TechCrunch

Umba , a digital bank for emerging markets and aiming first at Africa, has secured a $2 million seed funding round from new investors including Lachy Groom, ex-Head of Issuing at Stripe; Ludlow Ventures; Frontline Ventures and Act Venture. It’s clear the African market is maturing and that we’re entering a very interesting phase.”.

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Yapily raises $51 million for its open banking API by focusing on infrastructure

TechCrunch

The company has been working on a single, unified open banking API for several European markets. Developers can leverage that programming interface to interact with third-party bank accounts directly from their own products. When it comes to coverage, Yapily supports more than 1,500 banks across eight different countries. “We

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Juni, the banking platform for e-commerce and online marketing companies, raises €2M seed

TechCrunch

Juni , a Swedish pre-launch startup that’s building a banking app and platform for e-commerce and online marketing entrepreneurs, has raised just over €2.1 Features offered include a debit card with cashback on advertising spend, along with cash flow management, invoice and bank statement matching, and liquidity management.

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Southeast Asian payments infrastructure unicorn Xendit banks $300M

TechCrunch

Xendit , a payments infrastructure platform for Southeast Asia, has raised $300 million in fresh funding. Part of the funding will be used to expand into new markets, like Thailand, Malaysia and Vietnam. HBO thought that in markets where cards don’t exist, the way to go was to pay through your telco provider. In the U.S.,

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Beyond Bank CIO: Balancing tradition and innovation in the digital age

CIO

Beyond Bank Australia is one of the largest customer-owned banks in Australia and one of the leading B Corps in the country. Beyond Bank has a real focus on customers who are the members and owners of the bank. Beyond Bank has a real focus on customers who are the members and owners of the bank.

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The hyperactive open banking market of Latin America: How the region is being APIfied

TechCrunch

Ximena Aleman is co-founder and chief business development officer at Prometeo , an open banking platform that serves Latin America. In 2019, API usage was more mature in the financial and e-commerce sectors, but it is now venturing into other areas such as marketing and insurance. Ximena Aleman. Contributor. Share on Twitter.

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