Category: digital currencies

Paris-based natural language analytics data provider SESAMm raised $37 million (€35 million) in Series B2 funding this week. The company will use the investment to grow its workforce and fuel global expansion. A Best of Show winner at FinovateEurope 2022, SESAMm culls billions of web articles and other content to provide organizations and businesses with…

CHARLOTTE — Wells Fargo set out to reach 50% cloud certification among its 30,000 engineers at the start of 2022; and by the end of the year, the $1.8 trillion bank saw 46% of its engineers reach that status — up from 0.03% at the top of the year. “We didn’t get all the way…

A look at the companies demoing at FinovateEurope in London on March 14. Register today and save your spot. NayaOne accelerates a company’s digital transformation with single-key access to 200+ fintechs to discover, evaluate, and scale new solutions to production. Features Execute POCs 10x faster with results in 4-6 weeks instead of 12-24 months Includes…

A look at the companies demoing at FinovateEurope in London on March 14. Register today and save your spot. JJCFinTech’s regulator-grade solution, Cerebro, accelerates compliance with AML obligations using a ready-to-go rules repository to define a company’s regulatory obligations and how to meet them. Features Reduces overall cost of compliance Offers ready-to-go regulatory guard rails…

A look at the companies demoing at FinovateEurope in London on March 14. Register today and save your spot. Numeral’s banking aggregation platform enables fintechs and financial institutions to connect to EU/U.K. payment schemes by integrating with their preferred sponsor bank. Features Includes easy, fast, and comprehensive access to EU/U.K. payment schemes Delivers reduced time-to-market…

I was recently talking with a client, who said “for us, speed of thought is just as important as speed of technology.” This interesting perspective, while not surprising, poses a challenging predicament for technology leaders. Now more than ever, already stretched IT teams must deliver on heightened expectations for performance and functionality while figuring out…

Wise is unveiling a new look and feel, as well as two new products. The company anticipates its “visual makeover” will create a more consistent user experience. The two new products include the Wise Business Card and a money transfer link. It can be tough for a legacy fintech to make noise among the onslaught…

Massachusetts-based BankProv has inked a partnership with cash management platform MaxMyInterest to offer BankProv Max Savings, a new high-interest savings account. No minimum balance is required to open the account, which is available exclusively on the MaxMyInterest platform. MaxMyInterest users can earn up to 4.55% APY on their cash deposits compared to the national savings…

Royal Bank of Canada’s (RBC) discretionary and tech-related expenses jumped 22% year over year to $190 million during the first quarter as the bank focused on improving its technology and infrastructure “in support of business growth and product innovation,” according to its earnings presentation Wednesday.  WHY IT MATTERS: The $1.4 trillion bank is upgrading its…

CHARLOTTE – Bank Automation Summit U.S. 2023 kicks off Thursday with panelists from Fifth Third Bank, Truist Financial and Wells Fargo taking the stage to discuss data expandability issues through cloud technology at the Westin Charlotte in Charlotte, N.C. The two-day event features panel discussions, presentations, networking roundtables and a fireside chat with Goldman Sachs’…