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Competition Heats Up In Banking Transformation Services

Forrester IT

After a few quiet years, Thought Machine, the fintech behind a new core banking platform called Vault, is stealing the limelight, first with its announcement of a strategic partnership with Lloyds Banking Group, then with a similar partnership with the digital bank Atom. We […].

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DBS Bank followed four design principles when building their enterprise data platform

Forrester IT

I recently had the pleasure to talk with Siew Choo So, Group Head Consumer Banking Technology and Big Data/AI at DBS, on how the bank has set up their enterprise data platform to enable a data driven organization. That session was part of Forrester’s APAC Financial Services Webcast Week 2020, and you can find the […].

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Sopra Steria Plans To Acquire Fidor Solutions To Push Its Digital Banking Engagement Platform Forward

Forrester IT

Earlier today, Sopra Steria announced its plans to acquire Fidor Solutions via its subsidiary Sopra Banking Software. Fidor Solutions is the technology subsidiary of Fidor Bank, a fintech that became part of Groupe BPCE in 2016.

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Anonymous Sudan’s Attack of European Investment Bank: Money, Politics and PR

Tech Republic Security

Pro-Kremlin groups Anonymous Sudan, Killnet and Clop have other motivations than just hacktivism as they widen their attack field beyond political targets. The post Anonymous Sudan’s Attack of European Investment Bank: Money, Politics and PR appeared first on TechRepublic.

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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

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WestRiver Group will sell debt investment business to Silicon Valley Bank

GeekWire

Seattle investment firm WestRiver Group agreed to sell its debt investment business to Silicon Valley Bank Financial Group, the parent company of Silicon Valley Bank (SVB). WestRiver Group previously partnered with SVB on various transactions. Terms of the deal were not disclosed.

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Beware of Bank of America data breach if you own an account

Dataconomy

Bank of America data breach has been confirmed by the officials and customers are worried. One of the most notable recent cases is the Bank of America data breach, which underscores the importance of cybersecurity vigilance and the ongoing need to protect your personal information. What information was exposed?

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