CIO

APRIL 28, 2023

Data about who owes how much to whom is at the core of any bank’s business. At Bank of New York Mellon, that focus on data shows up in the org chart too. Chief Data Officer Eric Hirschhorn reports directly to the bank’s CIO and head of engineering, Bridget Engle, who also oversees CIOs for each of the bank’s business lines.

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CIO

JUNE 13, 2023

As chief digital officer of Kotak Mahindra Bank, Deepak Sharma has been instrumental in driving the bank’s digital transformation, future-ready initiatives, and business model innovation strategies. Why and how did you decide to get into technology? Sharma: It is difficult to single out any one achievement.

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TechCrunch

FEBRUARY 14, 2023

Banks aren’t letting fintechs have all the fun when it comes to using technology, providing an opening for startups to show them what they got. In the same vein as companies like Flourish Fi , Treasury Prime , Savana and Amount offering software for banks, ModernFi is providing a marketplace for banks to exchange deposits on demand.

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CIO

MARCH 21, 2023

When Arvest, a regional bank operating in Arkansas, Kansas, Missouri and Oklahoma, hired Laura Merling as chief transformation and operations officer in 2021, one of the first things she changed was its digital transformation plan. That made for a competitive market in which the cost of acquiring a new customer was around $1,000.

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CIO

FEBRUARY 22, 2024

The threat to banks from cyber crime is becoming increasingly complex, as state actors and criminal gangs become more adept at targeting vulnerabilities. A report by the Bank for International Settlements singled out the growth of cloud-based services and remote working as two of the primary drivers behind the heightened risk.

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CIO

SEPTEMBER 2, 2022

I can’t help but think of open banking in the United States — it’s not here, and, at the same time, it’s very much here. In essence, they’re not waiting for the kind of regulatory open banking mandates that have been handed down in other parts of the world. They’re building their own open banking environment.

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CIO

AUGUST 31, 2022

I can’t help but think of open banking in the United States — it’s not here, and, at the same time, it’s very much here. In essence, they’re not waiting for the kind of regulatory open banking mandates that have been handed down in other parts of the world. They’re building their own open banking environment.

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TechCrunch

NOVEMBER 4, 2021

Since it was founded in 2012, Blend has signed up some of the biggest banks in the country — including the likes of Wells Fargo and U.S. Bank — as well as a bevy of smaller, more traditional financial institutions across the U.S.

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Banking Fintech Real Estate Marketing 216

CIO

SEPTEMBER 9, 2024

According to IDC’s Worldwide AI and Generative AI Spending Guide (August 2024) , the global AI market is expected to surge from US$235 billion in 2024 to US$632 billion by 2028. Tencent Cloud stands to benefit, particularly in APAC, where market size is predicted to grow from US$45.4 billion in 2024 to over US$110 billion by 2028.

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TechCrunch

MAY 9, 2023

Different demographics often have different banking needs. So it’s no surprise that we have seen a flurry of financial technology startups offering banking services catered to certain populations based on factors such as age and ethnicity. Like many fintechs, Charlie is not a bank — its banking partner is Sutton Bank.

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CIO

JULY 2, 2024

Imagine navigating a rapidly changing landscape, where technology seems to evolve at the speed of light and the pressure to keep up is relentless — this is the reality for today’s CIO. Future proofing technology investments has become a critical imperative for organizations seeking to maintain their competitive edge.

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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 234

TechCrunch

DECEMBER 11, 2020

Open banking platforms, where services that might not have previously lived next to each other are now joined up by way of APIs, has been one of the emerging trends of the last couple of years, and today one of the leaders in the space out of Europe has closed a round of funding to expand its business. It has now raised €175 million in total.

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Hacker Earth Developers Blog

OCTOBER 4, 2018

Over 90% of the world’s leading banks are either exploring, experimenting (PoCs), or formulating a strategy for leveraging blockchain technology, says an Accenture survey. Blockchain technology operates beneath these processes and infrastructure and empowers a better, faster, and more authentic business process.

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Blockchain Banking Technical Review Technology 208

TechCrunch

JANUARY 17, 2023

The fintech partners with more than 220 banks in tier 2 and tier 3 cities spread through 19 provinces. million in funding led by East Ventures Growth Fund, with participation from AlphaTrio Sustainable Technology Fund, Skystar Capital, Sovereign’s Capital, Ozora and Gobi Partners. Customers access banks through the DepositoBPR app.

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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 246

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 246

TechCrunch

SEPTEMBER 9, 2021

Varo Bank , which last year became the first U.S. neobank to be granted a national bank charter, announced this morning it has raised a staggering $510 million in a Series E funding round at a $2.5 Varo Bank raises another $63M, led by NBA star Russell Westbrook. effectively becoming a “real” bank but with no physical branches.

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TechCrunch

AUGUST 31, 2022

The San Mateo-based company works with fintech and vertical SaaS companies and offers banking, payments, cards and cryptocurrency products via easy-to-integrate APIs. Arjun Thyagarajan, co-founder and CEO at Solid, told TechCrunch that the company spent the last 18 months working with early customers on product-market fit.

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Fintech UI/UX Banking Healthcare 251

TechCrunch

AUGUST 2, 2022

Malvern, Pennsylvania–based Savana, a company building financial software products for legacy banks, today announced that it raised $45 million. CEO Michael Sanchez told TechCrunch that the proceeds will be put toward general growth and supporting Savana’s go-to-market and product development projects. Image Credits: Savana.

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Banking Fintech Fractional CTO Enterprise 222

CIO

NOVEMBER 20, 2024

CIO ASEAN is proud to announce the winners of the 2024 CIO100 Awards – recognising the top technology leaders and teams across Southeast Asia and Hong Kong who are driving innovation and influencing rapid change. These are in addition to CIO100 awards in the US, UK, and the Middle East. …

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Technical Review Insurance Banking Innovation 264

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

MARCH 16, 2021

Ikigai , a London fintech founded by former McKinsey partners, thinks there’s room in the crowded challenger market for a new premium offering that combines digital banking with wealth management. “Everything on the market seemed to be slow, impersonal, full of attempts to sell lending and debt products.

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Banking .Net Fintech Marketing 273

TechCrunch

AUGUST 30, 2022

The fintech’s new growth strategy follows its plan to power its embedded finance offering beyond its current markets, including Uganda and Ghana, to bridge the financing gap affecting millions of micro, small medium-sized enterprises (MSMEs) across these markets. Image Credits: Pezesha.

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TechCrunch

FEBRUARY 26, 2021

The murder of George Floyd last May ignited many things in the United States last year — one of which that was perhaps unexpected: a rise in the number of digital banks targeting the Black community. Some members of the Black community took their belief that big banks are not meeting their needs and turned them into startup concepts.

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Banking Fintech Education Technology 278

TechCrunch

MARCH 24, 2021

In the absence of a banking system nearby or a disregard for one, the unbanked resort to these traditional systems because they work completely offline. The third is the lack of customer data since most don’t have an online banking presence. Slowly , an online banking presence is built for them. Image Credits: Bankly.

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Fintech Banking Systems Review Technical Review 363

TechCrunch

JULY 16, 2021

Long before the pandemic, the way in which banks were regulated was changing. Initiatives like Open Banking and the Revised Payment Services Directive (PSD2) were being proposed as a way to promote competition in the banking industry — allowing smaller challenger firms to break into a market that has long been dominated by corporate titans.

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Fintech Banking B2B Small Business 340

TechCrunch

OCTOBER 18, 2022

Nexta , an Egyptian startup that plans to launch its banking app in the coming months, has secured a $3 million investment from eFinance Group, a state-owned provider of digital payments solutions. Founded by Ahmed Hisham in 2021, Nexta wants to disrupt the Egyptian fintech scene with its “next-generation banking” app and card.

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Banking Fintech Groups Budget 236

TechCrunch

MAY 15, 2023

We have already reached scale and profitability in the UK, with Smart Pension now serving in excess of one million savers, and this backing allows us to achieve that scale and profitability in our global markets across the group. Smart does this via a retirement savings technology platform that it has built, called Keystone.

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Banking Fintech Leadership Government 194

Perficient

APRIL 20, 2023

The Landscape According to Forbes Advisor: 2022 Digital Banking Survey , as of 2022, 78% of adults in the U.S. prefer to bank via a mobile app or website. However, it’s not always obvious which of the many potential technology vendors and implementation partners will best drive an organization’s desired business goals.

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Banking Marketing Digital Marketing Blockchain 69

TechCrunch

FEBRUARY 14, 2022

Banked is a fintech startup that offers an alternative to card schemes. It’s now raised a $20 million Series A funding round led by Bank of America and Edenred Capital Partners. This means Banked has raised a total investment to date of more than $30 million. Back in 2020, the London-based fintech raised £2.35 ”

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Banking Fintech Research Infrastructure 197

Perficient

NOVEMBER 21, 2024

The Consumer Financial Protection Bureau (CFPB) recently issued a final rule § 1033.121(c) supporting open banking and personal financial data rights. Under this ruling, banks, credit unions, credit card issuers, and other financial service providers must enhance consumer access to personal financial data.

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TechCrunch

MAY 17, 2022

Unit, a banking-as-a-service startup, has closed on a $100 million Series C round of funding led by Insight Partners. The pair spent the first year stealthily building out the technology with the mission of giving companies a way to embed financial services into their product, accelerating their time to market.

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Banking Fintech B2B Infrastructure 234

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. Or, the UK’s Financial Conduct Authority fining GT Bank £7.8m for AML failures.

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Fintech Banking Compliance Enterprise 246

TechCrunch

MARCH 4, 2021

Founded by Pedro Moura and Jessica Eting, the startup offers an “engagement and financial wellness” solution for banks, fintechs and credit unions with the goal of helping them engage and retain clients. It is also now licensing its engagement technology to banks, retailers and fintechs across the Americas.

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Banking Fintech B2C Sport 300

CIO

OCTOBER 15, 2024

In today’s rapidly evolving technological landscape, the role of the CIO has transcended simply managing IT infrastructure to becoming a pivotal player in enabling business strategy. Understanding the company’s competitive position allows IT leaders to mindfully act to implement technology for competitive advantage.

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TechCrunch

AUGUST 18, 2021

One, a startup that aims to bring “all-in-one banking” to the middle class, announced today that it has raised $40 million in a Series B round of funding. This can be viewed as a kind of a noisy market, and so this funding has been a good validation of the vision and kind of the products, in that we have been able to stand out in that market.”

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Banking Fintech Technical Review Systems Review 253