SBDA Group closes Series A investment round
Banking personalisation firm SBDA landed investment from FinSight Ventures and Digital Space Ventures.
Banking personalisation firm SBDA landed investment from FinSight Ventures and Digital Space Ventures.
Financial management tech start-up DoubleNet Pay scored a deal with investment services firm T Rowe Price.
Risk management firm Simility locks in $17.5 million in new funding, with help from PayPal.
US start-up is looking to help enterprises improve cloud applications’ reliability.
People like what IoT does, but don’t trust firms with the data that sensors and connected devices collect.
Microsoft sets out ambitions to create a quantum computer that can be used to address complex issues such as AI.
Illinois Educators Credit Union and Members Financial select Fiserv for their tech overhauls.
Enrichment FCU has rolled out Best Innovation Group’s financial interaction voice experience Amazon Alexa skill.
Looking to take some of the pain out of managing multicloud environments.
FI.SPAN will provide pre-integrated third party fintech solutions into the hub.
Fintech companies will find that they are a different kind of business in 2018 than they were in 2017.
Canada-based payments platform nanopay has unveiled its new B2B payments solution for international trading.
The company continues to absorb its EMC acquisition, as well as branch out into new areas, such as IoT.
Five credit unions in the US have opted to implement Fiserv’s DNA core processing platform.
US-based Fifth Third Bank has chosen FIS to enable real-time payments (RTP) for its customers through The Clearing House’s (TCH) payments system.
Startupbootcamp has unveiled the launch of Startupbootcamp Scale, an innovation programme for growth stage start-ups in emerging markets.
Real-time app security platform Prevoty has got an investment of $13 million. The Series B round was led by Trident Capital Cybersecurity, and featured participation from existing investors such as USVP.
Cross-border payments company Payoneer announced today it has received funding from China Broadband Capital (CBC). While the amount of funding was undisclosed, the company specified that this week’s Series E-1 round follows the $220+ million Series E round received last year. This adds to the company’s total funding amount, which previously stood at $270 million.
CoreOS is continuing to move up the stack by adding developer services into Tectonic, the start-up’s Kubernetes implementation.
Tungsten Network will work with BNP Paribas to offer e-invoicing linked receivables purchase and e-invoicing linked supply chain finance (e-SCF) to large corporates in the US and Canada.
North Carolina-based First Bank has selected Crmnext’s customer relationship management (CRM) solution for a branch overhaul.
Diane Bryant’s leave of absence at Intel has become permanent, as she’s joining Google Cloud as COO, working with Diane Greene.
Equinix has announced a major expansion of its Equinix Cloud Exchange and in the process, dove much deeper into the enterprise market.
Having finalised its acquisition of WePay, JP Morgan Chase announced that it has already put the payments platform to work: powering commerce platform Volusion, reports Finovate (Banking Technology’s sister company).
Barclaycard is rebranding itself to Barclays in the US as part of its retail digital banking strategy in 2018.
Connecticut-based Hartford InsurTech Hub, powered by Startupbootcamp, has unveiled its 2018 cohort of start-ups for its inaugural insurance acceleration programme. The 11 selected firms comprise a mix from sectors such as artificial intelligence (AI), big data analytics and natural language processing (NLP) combined with cybersecurity, smart home and health insurance. According to the hub, over […]
While Amazon Web Services (AWS) is considered the undisputed leader in public cloud services, the company continues to make improvements to its platform. Security is now the next step, reports Enterprise Cloud News (Banking Technology’s sister publication). At its re:Invent 2017 customer showcase in Las Vegas this week, AWS unveiled its new security service called […]
Thanks to a new partnership between RightCapital and Envestnet | Tamarac, financial advisors on RightCapital’s platform will be able to use Tamarac’s API to directly access account and holdings information from their clients, enabling real-time financial and tax planning advisory, reports David Penn at Finovate (Banking Technology’s sister company). RightCapital’s technology used Monte Carlo simulations to enable […]
Amazon Web Services (AWS) is launching the PrivateLink private network service to allow Software-as-a-Service (SaaS) developers to provide private endpoints to users, increasing security for enterprises by eliminating the need to expose data to the public internet, reports Enterprise Cloud News (Banking Technology’s sister publication). AWS PrivateLink also connects services across multiple accounts and virtual […]
VMware continues to expand beyond its traditional role in the virtualisation market into areas such as cloud computing and software-defined data centre offerings, and the company’s bets on these areas are paying off, reports Enterprise Cloud News (Banking Technology’s sister publication). The firm released its third-quarter financial results, beating Wall Street expectations by $0.07 per […]
Amazon Web Services (AWS) is looking to bring machine learning (ML) to ordinary developers, launching the SageMaker service to simplify building applications, reports Enterprise Cloud News (Banking Technology’s sister publication). ML is too complicated for ordinary developers, AWS CEO Andy Jassy said at a keynote during the AWS re:Invent event. “If you want to enable most […]
Document capture and analytics solution developer Ephesoft has released version 4.0 of its Transact Mobile SDK, reports David Penn at Finovate (Banking Technology’s sister company). The latest version of the technology takes advantage of innovations in everything from deep learning to mobile architecture to give consumers more accuracy and flexibility when it comes to document capture with […]
Meg Whitman was a wartime CEO for Hewlett Packard Enterprise (HPE). Now, she says, the company needs new leadership – Antonio Neri, a technologist who came up through the company ranks, reports Enterprise Cloud News (Banking Technology’s sister publication). In a transition announced last week, Whitman is leaving the CEO position in February, replaced by […]
Validata has inked a deal with a large US bank to deliver quality assurance for the bank’s Temenos T24 core banking transformation project. Banking Technology understands this is Commerce Bank.
Canada-based Integris Credit Union has deployed Validata’s suite of products to support its transition to Temenos’ T24 core banking system.
The Canadian Prepaid Providers Organization (CPPO) released its second annual benchmark study, “Canadian Open-Loop Prepaid Market: 2016”, that shows 17% growth of the open-loop prepaid card market in Canada between 2015 and 2016.
BMO Financial Group is putting $2 million into Creative Destruction Lab Montreal (CDL-Montreal) to fund artificial intelligence (AI) and data science projects. CDL-Montreal will target seed-stage start-ups by providing business and technology mentoring, equity opportunities and business development partnerships. On 15 December, the first cohort of 28 businesses, made up entirely of AI start-ups, will […]
Earlier this year, Hewlett Packard Enterprise (HPE) went on an acquisition spree meant to help the company improve its standing in the data centre market with products to address a range of issues customers faced as they moved to the cloud, reports Enterprise Cloud News (Banking Technology’s sister publication). Now, one of those deals is […]
Borealis AI, a Royal Bank of Canada (RBC) Institute for Research, will open an artificial intelligence (AI) lab in Montreal. Borealis AI has partnered with McGill University Professor, Jackie Cheung, as academic advisor for the lab and will work with the Montreal Institute for Learning Algorithms (MILA). The team anticipates opening the doors of the […]
Joining FirstView Financial in July 2017 as president and CEO, Bob Raffo has quickly become a proponent of developing the paytech segment, the opportunities it presents to serve larger consumer and B2B bases and accelerate payment processes.