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Bank downplays ties to FTX sister company in latest fallout from crypto exchange failure

GeekWire

A bank in rural Washington state sought to distance itself from FTX on Tuesday following a report last week detailing its connections to the failed cryptocurrency exchange. 23 that FBH, the parent company of Farmington State Bank, received $11.5 Moonstone Bank’s reputation as well.” Moonstone Bank’s reputation as well.”

Banking 103
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Remitly reports $458M in 2021 revenue, up 78%, as remittance company suspends service in Russia

GeekWire

million, up 69% in the year-ago period, with a net loss of $16.6 Full-year revenue for 2021 came in at $458.6 EU, and other allies this week cut Russian banks off from Swift , an international payment communication system that helps facilitate transactions. million, up from $9 million. million, up 78%.

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Ferrari Ransom Attack Is 'Platinum Card' of Data Breaches

SecureWorld News

So far, Ferrari is yet to find evidence that payment details, bank account numbers, or other sensitive payment information was accessed or stolen. According to Casey Ellis, Founder and CTO of Bugcrowd: "As is true with their cars, news of a breach raises eyebrows immediately.

Data 95
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Inside Nasdaq’s AI-fueled pivot to SaaS provider

CIO Business Intelligence

Brad Peterson, the company’s CIO and CTO, has been implementing AI for more than a decade and is all in on the promised innovation afforded by generative AI. “We The company, which reported net revenues of $3.6 No doubt, Nasdaq is bullish on generative AI.

Financial 116
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Biotech industry leaders share cautious optimism for 2023 amid downturn and layoffs

GeekWire

. “There is still a sense of optimism in the life science community here in Washington as we head into 2023,” said Kate Nelson , vice president of life sciences for commercial banking at J.P. This year, only 25 companies have gone public , and the XBI biotech index fund is down more than 50% from its peak in February 2021.

Industry 111
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Startup founders at new 5G Open Innovation Lab explain how they’ve adjusted to the COVID-19 crisis

GeekWire

The lab is accepting applications for its fall and spring 2021 cohorts. Taqtile founders Dirck Schou, CEO, and John Tomizuka, CTO. Founders: Dirck Schou , CEO, and John Tomizuka , CTO. I have a formula for innovation that I have presented as the “net present value” of software code. What does your company do?

Software 143