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Podcast: Citizens’ approach to new tech
Citizens Bank takes a measured approach to adopting new technology. The best new products are created with an abundance of identified use cases, Jo Wyper, executive vice president and head of operations at Citizens Commercial Bank, tells Bank Automation News on this episode of “The Buzz” podcast. Wyper was named a Bank Automation News’…
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The Willy Wonka World of AI
Is AI a good or bad thing? As I write my daily blog, I’ve realised that it seems to ask a question almost every single day. By way of example, just checkout my blog index and read the titles of the entries. A few recent examples: Is technology making our lives better or worse? Is……
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Monzo, the UK challenger bank with 9 million customers, raises $430 million
London-based fintech company Monzo raised a late-stage funding round of $430 million (£340 million), confirming a report from the Financial Times from a few weeks ago. Following this round, the company has reached a post-money valuation of $5 billion (£4 billion). Founded in 2015, Monzo provides U.K. current accounts, debit cards and several financial products…
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2-year-old LatAm fintech Yuno reaches $150M valuation with backing from DST, Tiger, a16z
The company launched its payments orchestration product in 2022 and provides over 300 payment methods with fraud-detection capabilities, one-click checkout and advanced smart routing technology. © 2024 TechCrunch. All rights reserved. For personal use only.
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Dave posts first quarterly profit since going public
For the first time since going public in 2022, digital bank Dave posted a profitable quarter. Dave reported fourth-quarter adjusted EBIDTA of $10 million compared to a loss of $13 million in Q4 2022, according to the bank’s earnings release today. The $391 million company’s growth is due to continued investment in advanced technology like…
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Harness Wealth wants to bring sophisticated tax planning to the masses
Harness Wealth, which started in 2018 primarily offering financial advice to startup founders and employees, has expanded into the tax advisory space and raised a $17 million extension to its Series A round, bringing that financing to $32 million. It is offering a new tax advisory platform that, it says, powers the practices of leading…
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Why Fifth Third is forgoing in-house AI development
Technology buzz, both inside and outside the banking industry, is centered on innovation — including the ongoing ramp of cloud migration and the excitement around the promise of AI, the new kid on the block. The World Economic Forum in January highlighted how topics such as the application of and disruption from generative AI…
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The Willy Wonka World of AI
Is AI a good or bad thing? As I write my daily blog, I’ve realised that it seems to ask a question almost every single day. By way of example, just checkout my blog index and read the titles of the entries. A few recent examples: Is technology making our lives better or worse? Is……
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The Willy Wonka World of AI
Is AI a good or bad thing? As I write my daily blog, I’ve realised that it seems to ask a question almost every single day. By way of example, just checkout my blog index and read the titles of the entries. A few recent examples: Is technology making our lives better or worse? Is……
-
The Willy Wonka World of AI
Is AI a good or bad thing? As I write my daily blog, I’ve realised that it seems to ask a question almost every single day. By way of example, just checkout my blog index and read the titles of the entries. A few recent examples: Is technology making our lives better or worse? Is……