Author: hjenkins42

As the $26 billion Arvest Bank looks to modernize its technology stack and move to the cloud, APIs will be key. Chief Product and Strategy Officer Richard Pulliam, an API veteran, was hired earlier this month by the Fayetteville, Ark.-based bank to help revamp its legacy systems. Pulliam has been working with APIs going back…

Core banking expert Thought Machine raised $160 million in Series D funding. The investment was led by Temasek and saw participation from Intesa Sanpaolo, Morgan Stanley, Eurazeo, ING, JPMorgan Chase, Lloyds Banking Group, and SEB. Thought Machine’s valuation now totals $2.7 million, double the valuation it held last fall. Core banking innovator Thought Machine landed…

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Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1  Disclosure management market business overview The global disclosure management market is anticipated to grow at a significant CAGR of 16.1% during the forecast period (2022-2028). By automating the process of creating…

As we step into the second half of Q2, the conference circuit is buzzing. Several events are lined up with an impressive cast of speakers, spanning inspirational founders, global leaders, senior investors, rising stars and so on. Not surprising, given that the insurance industry is facing its most profound disruption in decades. Artificial intelligence, Machine…

Cloud-based robots that can be launched without infrastructure provisioning and artificial intelligence (AI) model training are two new initiatives UiPath rolled out in its most recent update today. Image by CanStock The ability to spin up robots in the cloud without having to manually provision the infrastructure was a main talking point as the updates…

Switzerland-based core provider Temenos will enable Google Cloud-native API access for French digital bank BforBank, the companies announced Tuesday. Temenos, a digital banking vendor that powers services for Lloyds Bank, Varo and Microsoft, has been the digital provider for BforBank since its founding in 2009, and originally underpinned back-office processes for BforBank. The bank, which…

Here is our pick of the 3 most important Stablecoin news stories during the week. The Humpty Dumpty of stablecoins! This last week was all about the Algo stablecoin Terra, which lost its peg to the USD, its credibility and a lot of people a lot of money. Firstly the “bank run” analogy isn’t appropriate for…