article thumbnail

Madrona backs WaFd Bank spinout developing consumer software for regional banks

GeekWire

(Archway Photo) Key Takeaways Archway , spun out of Washington Federal (WaFd), provides digital banking infrastructure to regional banks. The Seattle-area startup raised $15 million in a round co-led by WaFd Bank and Madrona Venture Group. The goal is to help community banks stay competitive with giants like J.P

Banking 122
article thumbnail

Making Banking a More Effortless Experience

CIO Business Intelligence

Along with nearly every other industry, banking is facing greater competitive pressure than ever. As banks continue to face this reality, they’re also tasked with addressing a variety of rapidly changing issues, including those surrounding data protection, adoption of cryptocurrency, and anonymizing data (AI models). .

Banking 131
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why CIOs Should Care About Two Factor Authentication

The Accidental Successful CIO

Everybody needs two factor authentication, but just exactly what is it? As everyone in the CIO position knows, keeping the company’s systems and applications secure is a top priority and has a lot to do with the importance of information technology. Two Factor Authentication. So just exactly is two factor authentication.

article thumbnail

Privacy, Authenticity, and Confidentiality

Phil Windley

Summary: Authenticity and privacy are usually traded off against each other. At a recent Utah SSI Meetup , Sam Smith discussed the tradeoff between privacy, authenticity and confidentiality. Authenticity allows parties to a conversation to know to whom they are talking. The following diagram illustrates these tradeoffs.

article thumbnail

Identity authentication and fraud prevention company AuthenticID lands $100M

GeekWire

wireless carriers, banks, credit bureaus, and other large enterprise companies. Customers use cases include age verification; fraud detection; application onboarding; biometrics; and more. Seattle-based AuthenticID landed $100 million in a minority investment from Long Ridge Equity Partners.

article thumbnail

Banking and financial software development: Features and requirements

Dataconomy

The development of banking and financial software is essential to the banking sector’s digital transformation. Banks and other financial organizations may simplify operations, boost security, and provide clients with better services thanks to these software solutions. Multiple account types (savings, checking, etc.),

article thumbnail

Artificial Intelligence Applications and Succeeding with IAIDL

Galido

Information Technology Blog - - Artificial Intelligence Applications and Succeeding with IAIDL - Information Technology Blog. Al has various impacts on different aspects of life, such as business, marketing, banking, etc. The following are applications for artificial intelligence. Agriculture.