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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 106
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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 EU, and other allies this week cut Russian banks off from Swift , an international payment communication system that helps facilitate transactions. Remitly earlier this week hired former Google and Microsoft leader Ankur Sinha as its chief technology officer.

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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.

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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 110
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Cloud, SaaS boost Oracle sales, but competition exacts costs

CIO Business Intelligence

During a call with analysts after the results were announced Thursday, Oracle Chairman and CTO Larry Ellison named a long roster of high-profile customers the company had signed up recently. billion, net income plunged 54% to $2.3 A big issue for Oracle is that it is expensive to maintain the momentum for its own cloud growth.

Oracle 103
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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. Sonoma chief technology officer Heidi Hagen. Morgan in Seattle. Sonoma Photo).

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Employee engagement: 10 best practices for improving your culture

CIO Business Intelligence

I do AMAs [ask me anything conversations] every six weeks,” says Pedro Canahuati, CTO at 1Password. “I And don’t just read the AI summary or data readout, says Laura Merling, chief transformation and operations officer at Arvest Bank. Getting a quick Net Promoter Score [ NPS ] is great for this.” This is scary.

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