TechCrunch

NOVEMBER 17, 2020

Allison Xu is an investor at Bain Capital Ventures, where she focuses on investments in the fintech and property tech sectors. As one of the least-digitized sectors of our economy, construction is ripe for technology disruption. A construction tech boom. Technology startups are emerging to help solve these problems.

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Construction Technical Review Industry Weak Development Team 364

CIO

OCTOBER 20, 2024

Set for Tuesday 19 November, the CIO100 ASEAN Awards event will bring together the top senior technology executives and teams in Southeast Asia and Hong Kong driving innovation and influencing rapid change. All nominations have been reviewed by a select and independent judging panel comprising CIO.com editors and industry analysts.

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Technical Review Sustainability Innovation Culture 169

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.

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Artificial Inteligence Banking Groups Systems Review 86

CIO

APRIL 2, 2025

Several hospitals canceled surgeries as well, and banks, airports, public transit systems, 911 centers, and multiple government agencies including the Department of Homeland Security also suffered outages. Its worth doing that extra step of diligence because it can save you problems down the road, she says. A total of 8.5

Software Review 175

Software Review Security Systems Review Development Team Review 175

TechCrunch

MARCH 16, 2023

The collapse of Silicon Valley Bank (SVB) last week sent ripples in startup ecosystems around the world, and it is emerging that millions of dollars held by African startups and venture capital funds at the bank were at stake, until the U.S. Most of our funds are in various other banks in US & around the world. Nala, a U.K.-based

Banking 208

Banking Technical Review Systems Review Fintech 208

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

AUGUST 16, 2021

Over just the last year or so, we’ve seen: In February 2020, LendingClub announced plans to acquire Radius Bank in a cash-and-stock transaction valued at $185 million. million in a deal that was designed to accelerate its acquisition of a national bank charter.

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Fintech Technical Review Banking Company 265

TechCrunch

FEBRUARY 1, 2021

If you recall, we released a year in review in January 2020 before we released the fiscal year of 2019 report,” he told TechCrunch. The company’s year on review, on the other hand, highlights payments processed, customer base, loans disbursed, and investments made on the platform. . billion (~$241.35 Image Credits: Carbon.

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Banking Insurance Fintech Technical Review 291

TechCrunch

MAY 8, 2023

and leader of the firm’s National Security Team, counsels clients in the technology/software industry on the full range of issues arising under economic sanctions and export control regulations. technology in support of Russia’s war effort, an initiative with implications for the tech industry. technology or software.

Technical Review 221

Technical Review Compliance Software Review Company 221

CIO

MAY 6, 2025

Despite the pressure on many CIOs to eliminate tech debt or replace legacy systems , COBOL use is widespread , with an estimated 220 billion lines of code still in use and 43% of banking systems built on it. A major reason is because COBOL just works, particularly for transaction processing systems, McKenny says.

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Software Review Systems Review Technical Review Programming 183

CIO

JANUARY 5, 2025

Research from Gartner, for example, shows that approximately 30% of generative AI (GenAI) will not make it past the proof-of-concept phase by the end of 2025, due to factors including poor data quality, inadequate risk controls, and escalating costs. [1] AI in action The benefits of this approach are clear to see.

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Enterprise Generative AI Weak Development Team Technical Review 187

TechCrunch

MARCH 11, 2023

It’s Kyle again, Greg’s stand-in for Week in Review. (He’ll If you’re a WiR newbie, it’s the newsletter where we recap the past five days in tech news. most read Silicon Valley Bank implodes: Silicon Valley Bank Financial, the publicly traded holding firm of Silicon Valley Bank (SVB), is in crisis.

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ChatGPT Banking Enterprise Artificial Inteligence 234

CIO

MAY 6, 2025

A primary objective is evolving business models as technology, data, and AI rapidly change customer expectations and market opportunities. Technological paradigm shifts and disruptive global forces require CIOs to rethink their digital strategies every two years.

CTO Coach 214

CTO Coach Software Review Generative AI Technical Review 214

Coforge

MARCH 23, 2025

The banking sector in the UK is facing an alarming surge in IT outages, disrupting essential financial services and eroding customer trust. A recent parliamentary report highlights that major banks have collectively experienced at least 158 significant IT failures over the past two years, causing over 800 hours of service downtime.

Banking 52

Banking Technical Review Technology Infrastructure 52

TechCrunch

JANUARY 4, 2023

Tech isn’t as collegial as it used to be. VCs want to fund the newest tech mafia startups before banks do , top MBA programs want laid off workers to join so badly that they’re waiving standardized test score requirements , and the tech companies that are in a position to hire really want you to know it.

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Technical Review Software Review Banking Company 250

TechCrunch

MARCH 7, 2022

They are responsible for communication between banks and fintechs to settle transactions for consumers and businesses swiftly. Telecoms and banks lead the majority of online financial transactions carried out in the region via mobile money wallets and bank accounts. It doesn’t aim to replace mobile money or banks.

Fintech 363

Fintech Banking Mobile Travel 363

TechCrunch

JANUARY 4, 2022

The year 2021 saw more and bigger deals closed in Africa, as tech startups across the continent raised close to $5 billion. It is also poised for greater growth as the adoption of lending, digital payments, banking and insurance services grows. . Deals by stage in Africa over the years. Image Credits: Briter Bridges.

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Fintech Technical Review Mobile Software Review 289

TechCrunch

MARCH 20, 2023

Banking infrastructure providers are mainly responsible for the proliferation of such solutions. They allow businesses such as mobile operators, e-commerce platforms, and logistics companies to embed and enable banking products for their customers. Banking-as-a-service startup Unit closes on $100M at a $1.2B million seed round.

Banking 217

Banking Marketing Fintech Technical Review 217

TechCrunch

MAY 26, 2022

If this fintech play reminds you of Silicon Valley Bank, think again. Another example is Market Finance, a tech-enabled SME lender in the U.K., These are tech companies backed by VCs but they also need financial partners due to their capital-intensive businesses in order to do this.

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Fintech Technical Review Banking Examples 284

TechCrunch

FEBRUARY 13, 2023

Terraa , a Moroccan B2B tech-enabled food distribution platform, has raised $1.5 Morocco is our priority at the moment, and we are building the playbook in terms of operations, building our tech and expanding in cities. They work out of habits, and don’t use any best practices in terms of operations or technology.

Technical Review 236

Technical Review Retail Sustainability B2B 236

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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Technical Review Innovation Technology Systems Review 167

CIO

OCTOBER 20, 2023

For banks, data-driven decisions based on rich customer insight can drive personalized and engaging experiences and provide opportunities to find efficiencies and reduce costs. Organizations must ensure their technology stack can handle immense data flow. In today’s business landscape, data volumes can explode rapidly.

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Google Cloud Artificial Inteligence Development Team Review Banking 197

TechCrunch

OCTOBER 26, 2022

99 Twitter problems, and Apple might have one : It’s no secret that Elon Musk thinks Apple’s 30% IAP (“inventor assistance program” to those of us not up on tech lingo) transaction charge to developers is “a lot.” OTI raises $55 million for technology to remove screen obstructions. Big Tech Inc. The TechCrunch Top 3.

Technical Review 238

Technical Review Development Team Review Software Review Weak Development Team 238

TechCrunch

MARCH 11, 2023

As of late Thursday night and Friday morning, the fallout from the shutdown of Silicon Valley Bank in the US had reached the shores of the UK and Europe. Yesterday afternoon, the Bank of England sought a court order to place Silicon Valley Bank UK Limited — the UK arm of the US institution — into an insolvency procedure.

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Government Technical Review Banking Systems Review 244

TechCrunch

MARCH 7, 2023

However, it appears that even though VCs are proceeding more cautiously than before and taking their time with due diligence, they are still investing. Would you say you are conducting more due diligence? This helps us with diligence, as we work to understand the market before we make any investments.

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Fintech Development Team Review Technical Review B2B 275

TechCrunch

MARCH 16, 2023

Artifact , the new personalized news app from Instagram’s co-founders , is another startup whose funding was caught up in the Silicon Valley Bank failure, and co-founder Kevin Systrom believes there could be more trouble to come for Silicon Valley. “And that creates problems in the long run.”

Technical Review 208

Technical Review Banking Social Company 208

TechCrunch

APRIL 21, 2021

But most of these companies and developers find it difficult to access real-time banking data. Okra likes to describe itself as an API “super-connector” that creates a secure portal and process to exchange real-time financial information between customers, applications and banks. Nigeria is becoming Africa’s unofficial tech capital.

Fintech 363

Fintech Banking Technical Review Infrastructure 363

CIO

APRIL 7, 2023

Tech salaries are on the rise thanks to a demand for talent across nearly every industry. between 2021 and 2022, reaching an average tech salary of $111,348 per year, according to the 2023 Dice Tech Salary Report. But you don’t have to live in Silicon Valley to earn a high-tech salary. Salaries increased 2.3% Tampa, Fla.

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Technical Review Software Review Energy Healthcare 202

TechCrunch

MAY 8, 2023

These include legal obligations, for example Germany recently passed a new supply chain due diligence law that makes it the responsibility of large companies to track human rights violations and environmental risks through their supply chain. A similar directive is currently being proposed for the broader European Union (EU) too.

Technical Review 206

Technical Review Systems Review Social Media 206

AWS Machine Learning - AI

APRIL 30, 2025

You can reconcile bank statements against internal ledgers, get real-time visibility into financial operations, and much more. With advancement in AI technology, the time is right to address such complexities with large language models (LLMs). An accountant will select specific transactions in both systems and choose Generate AI Rule.

Artificial Inteligence 109

Artificial Inteligence Technical Review Software Review Generative AI 109

TechCrunch

SEPTEMBER 20, 2021

He considers Flippa to be “the investment bank for the 99%,” of small businesses, providing an end-to end platform that includes a proprietary valuation product for businesses — processing over 4,000 valuations each month — and a matching algorithm to connect with qualified buyers.

Development Team Review 309

Development Team Review Technical Review Retail Small Business 309

CIO

NOVEMBER 13, 2024

JP Morgan Chase president Daniel Pinto says the bank expects to see up to $2 billion in value from its AI use cases, up from a $1.5 Sometimes it actually creates more work than it saves due to legal and compliance issues, hallucinations, and other issues. But adopting the technology is helping the company move forward, she says.

Weak Development Team 212

Weak Development Team Artificial Inteligence Technical Review Generative AI 212

TechCrunch

MAY 26, 2022

Startups like FlexID remind us that distributed ledger technology has the potential to play other roles, including offering trusted records of identities without the need for a centralized authority. More than 60% of adults in sub-Saharan Africa are unbanked, according to World Bank estimates for 2021. million in 2016. million in 2020.

Blockchain 336

Blockchain Banking Systems Review Technical Review 336

TechCrunch

AUGUST 26, 2021

Tabor explained that the e-commerce landscape in Latin America was consolidated, meaning few banks controlled more of the market. That process involves manual analysis and constant adjusting due to fraud. In the U.S., In the U.S., Instead, merchants in Latam have to tap into other organizations that have that data.”.

Technical Review 319

Technical Review Software Review Banking Fashion 319

TechCrunch

OCTOBER 20, 2021

GV (formerly Google Ventures) led the round, with participation from existing investors Index Ventures (led by partner Jan Hammer), Credo Ventures (led by Ondrej Bartos and Vladislav Jez) and Seedcamp, plus several unnamed angel investors specializing in financial technology and security.

Fintech 256

Fintech Artificial Inteligence Tools Technical Review 256

TechCrunch

JUNE 9, 2021

According to research, 85% of African SMBs have zero access to financing, and e ach day, African SMBs have billions locked up in receivables due to long payment cycles. For existing businesses, these are the issues they face and getting credit in terms of working capital is extremely difficult if you’re dealing with banks. .

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Banking Technical Review Fintech Media 348

TechCrunch

JANUARY 22, 2023

Globally, banking funding slid by 63%, or nearly two-thirds, according to CB Insights. In all of 2022, banking startups raised $9.4 There were so many challenger banks born in recent years, it is not surprising that that segment became oversaturated. Wealth tech companies brought in $1.7 billion across 299 deals.

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Fintech Technical Review Banking Development Team Review 263