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Synctera is the latest banking-as-a-service startup to lay off staff
Banking-as-a-service startup (BaaS) Synctera has conducted a restructuring that has resulted in a staff reduction, the company confirmed to TechCrunch. While Synctera did not share how many employees were impacted, a report in Fintech Business Weekly pegs the number to be about 17 people, or about 15% of the company. Doing the math, that means…
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Podcast: Mastercard developing gen AI tool for businesses
Payments behemoth Mastercard this year plans to launch a generative AI tool that will cater to businesses. Entrepreneurs looking to start a business or organize operations will be able to ask the gen AI tool questions and it will provide solutions, Jane Prokop, executive vice president for small and medium-sized enterprises at Mastercard, tells Bank…
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Things worth reading: 27th March 2024
Things we’re reading today include … Barclays bank payments restored after app went down in outage – BBC News Generative AI’s Rise Adds to US Bank Uncertainty – Bloomberg Ethiopia’s CBE bank recovers $10m taken during technical glitch – BBC News fintech: Fintech is making global payments its business – The Economic Times (indiatimes.com) The……
