GeekWire

FEBRUARY 28, 2023

(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 124

Banking Development Software Software 124

GeekWire

MARCH 13, 2023

Silicon Valley Bank worked with an estimated 80% of venture-backed startups in Seattle. GeekWire spoke with startup CEOs and investors to get their reaction to the government’s decision to backstop deposits and what changes they expect as a result of the bank’s sudden collapse. There could be some silver linings.

Banking 121

Banking Insurance Government Security 121

Forrester IT

OCTOBER 15, 2020

First, COVID-19 hit insurers with business interruption and travel insurance claims. Then, banks’ profits took a hit as banks set aside billions for loan loss provisions. 2020 has been a challenging year for financial services.

Financial 255

Financial Insurance Banking Travel 255

CTOvision

AUGUST 17, 2020

Blockchain technology promises to revolutionize many aspects of how we do business and, if you believe the blockchain hype (of which there is plenty), may even be as disruptive as […].

Examples 288

Examples Insurance Travel Banking 288

GeekWire

DECEMBER 10, 2022

bank regulators to investigate the ties between the banking industry and cryptocurrency firms including Farmington, Wash.-based based Moonstone Bank. They also note that Jean Chalopin, who is the head of Moonstone’s parent company FBH, is also the chair of Bahamas-based Deltec Bank. Elizabeth Warren (D-Mass.)

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Banking Insurance Financial .Net 92

GeekWire

MARCH 10, 2023

But now many startups are scrambling to figure out if they’ll be able to pay their employees in the fallout of Silicon Valley Bank’s rapid meltdown. The FDIC said insured depositors will have full access to their deposits no later than March 13. Meanwhile, competing banks are seizing opportunity. ”

Banking 115

Banking Insurance Company Report 115

GeekWire

JANUARY 21, 2023

(Bigstock Image) Moonstone Bank , the digital lender with ties to FTX, announced this week it will wind down plans to offer banking services for industries such as crypto and cannabis. It was acquired in 2020 by FBH Corporation, owned by Jean Chalopin, also the chairman of Bahamas-based Deltec Bank. Its net worth was $5.7

Banking 104

Banking Financial Industry Insurance 104

Forrester IT

NOVEMBER 8, 2022

Our new research reveals the scores and rankings of 54 US brands across auto and home insurance, banking, credit card issuers, and investment firms, analyzed as part of Forrester’s US Financial Services Trust Index, 2022. How well did US financial services firms rank in terms of customers’ trust in 2022?

Financial 195

Financial Insurance Banking Research 195

Forrester IT

NOVEMBER 18, 2020

Our research shows that customer experience (CX) leaders grow revenue faster than CX laggards, cut costs, reduce risk, and can charge more for their products. Yet most of the world’s largest financial services businesses cannot clearly answer the questions: “How much is CX improvement worth in annual profit?”

Insurance 212

Insurance Banking Financial Research 212

TechSpot

MARCH 11, 2023

Silicon Valley Bank failed on Friday after a massive run on deposits, putting almost $175 billion, including money from some of the biggest tech companies, under the control of the FDIC (Federal Deposit Insurance Corporation). The bank had been a significant venture capital funding source for technology companies, the New.

Banking 75

Banking Financial Insurance Company 75

GeekWire

MARCH 14, 2023

Silicon Valley Bank’s motto, “Make Next Happen Now,” in neon inside its Portland, Ore., government’s promise this weekend to fully protect both insured and uninsured Silicon Valley Bank deposits. But the bank’s demise left many unresolved questions and challenges for the U.S.

Banking 91

Banking Insurance Cloud Financial 91

Social, Agile and Transformation

JULY 24, 2023

Sponsored by Verizon It’s 5 am, and Tina is soothing her six-year-old daughter, who’s suffering from a moderate fever and other flu-like symptoms. She starts her remote work job at 8 am and is thinking through how to care for her daughter before her day starts.

Insurance 130

Insurance Healthcare Banking How To 130

Forrester IT

MARCH 24, 2021

Check out how banks and insurers in APAC benefit from NLP. Many solutions have already adopted technologies we introduced in AI 2.0.

Insurance 254

Insurance Banking Financial Applications 254

GeekWire

MARCH 10, 2023

Employees based in Silicon Valley Bank’s downtown Seattle office were instructed to work from home after regulators announced Friday that they were taking over the bank. The downfall of SVB is being called the largest bank failure since the Great Recession. The FDIC insures accounts up to $250,000.

Banking 94

Banking Financial Industry Insurance 94

Forrester IT

NOVEMBER 8, 2022

Forrester’s Financial Services Customer Trust Index, which measures how much customers trust their banks, credit card issuers, investment firms, and insurance companies, found trust to be relatively weak among customers of […]. Not very successful, it seems.

Financial 195

Financial Insurance Banking How To 195

Forrester IT

JUNE 22, 2020

$500 billion: That’s the amount of money that moves around from both non-real estate inheritances and life insurance settlements every year in the US.

Financial 275

Financial Real Estate Insurance Banking 275

Forrester IT

JANUARY 17, 2023

Forrester just published its European Net Promoter Rankings, 2022 including the Net Promoter Score℠ (NPS) and industry rank for 133 brands in banking, auto and home insurers, and auto manufacturers, across France, Germany, Italy, Spain, UK and Sweden (new in the ranking this year).

.Net 195

.Net Insurance Banking Industry 195

GeekWire

MARCH 12, 2023

Silicon Valley Bank worked with many of the Seattle region’s startups. financial system following the bank’s sudden downfall. financial system following the bank’s sudden downfall. financial markets, and lingering frustration about the way Silicon Valley Bank imploded. “I’m very grateful.

Banking 94

Banking Financial Insurance Engineering 94

IT Toolbox

SEPTEMBER 2, 2022

Jaideep Vijay Dhok, SVP & GM – Banking, Financial Services & Insurance at Persistent Systems shares ways to upgrade ForEx offerings. Foreign currency exchange is evolving as agile fintechs shape the market, but it's time for traditional financial institutions to catch up.

How To 246

How To Insurance Banking Financial 246

GeekWire

MARCH 15, 2023

Silicon Valley Bank’s website promoted its commitment to climate tech. SVB.com screenshot) Before its collapse last week, Silicon Valley Bank was a champion of the growing climate tech sector. The California-based bank offered them assistance in project finance, regulatory hurdles and sector networking challenges.

Banking 97

Banking Financial Energy Insurance 97

Forrester IT

NOVEMBER 20, 2020

The pandemic has also changed how customers bank, get insurance, and manage their finances. The COVID-19 pandemic and the resulting lockdowns have severely impacted the finances of millions of customers globally.

Financial 254

Financial Programming Banking Insurance 254

Forrester IT

NOVEMBER 7, 2018

While many governments are still nursing large debts, most banks, investment management firms, and insurance companies have long since returned to good health. In the decade since the global financial crisis, much of the financial services industry has made a strong recovery.

Financial 399

Financial Insurance Banking Government 399

The Verge

NOVEMBER 24, 2021

The Federal Reserve, Federal Deposit Insurance Corporation (or FDIC), and Office of the Comptroller of the Currency (OCC) have issued a joint statement announcing a plan to clarify the rules and regulations around how banks can use cryptocurrencies over the next year ( via Bloomberg ).

Banking 118

Banking Insurance Financial Security 118

The Accidental Successful CIO

MARCH 27, 2019

CIOs at banks have a great deal to worry about. As though this wasn’t bad enough, every bank is connected to every other bank. What this means is that if something bad happened to a connected bank, then your bank could also suffer. Preparing For The End Of The World In Banking.

Banking 141

Banking Programming Financial Insurance 141

GeekWire

MARCH 13, 2023

But the tech veteran has never seen anything like the Silicon Valley Bank fiasco that rocked the startup world over the past week. We caught up with Cochran on Monday to learn how the Seattle venture capital firm navigated the sudden collapse of Silicon Valley Bank. regulators vowed to fully protect insured and uninsured SVB deposits.

Banking 72

Banking Groups Insurance Industry 72

GeekWire

NOVEMBER 29, 2022

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 104

Banking Company Financial CTO Hire 104

Computer Weekly

NOVEMBER 1, 2016

The biggest barrier to insurance companies adopting digital technology is their heavy reliance on legacy IT systems

Insurance 100

Insurance System Retail Banking 100

CIO Business Intelligence

JANUARY 25, 2024

Banking: bots to help both consumers and analysts Like healthcare, the banking sector is poised to nearly triple its chatbot investment by 2030, from $2.45 Banking customers are increasingly using chatbots in their everyday transactions. Banking customers are increasingly using chatbots in their everyday transactions.

Industry 103

Industry Insurance Banking Healthcare 103

CTOvision

MARCH 24, 2020

Capgemini Research Institute surveyed 850 senior executives from seven industries, including consumer products, retail, banking, insurance, automotive, utilities, and telecom. You can download the report here (28 pp., PDF, free, no opt-in). 20% of the executive respondents are […].

Artificial Intelligence 274

Artificial Intelligence Automotive Insurance Banking 274

Forrester IT

OCTOBER 5, 2020

Since 2018 Forrester tracks how customers rate their experience with some of the biggest brands in banking and insurance.

Insurance 265

Insurance Banking Study Financial 265

The Verge

JANUARY 7, 2021

Online-only bank Simple is shutting down, its parent company announced in an email to customers Thursday. BBVA USA was acquired by Pittsburgh-based PNC Bank in November. Since your deposits are already housed at BBVA USA, they will remain in FDIC insured accounts there, up to the applicable limits.

Banking 112

Banking Insurance Google Applications 112

SecureWorld News

NOVEMBER 22, 2021

At the same time, banking organizations are a growing target for cyberattacks. One study by Trend Micro reported a 1,318% rise in ransomware attacks targeting banks in the first half of 2021. Many banks will have just a day and a half to report cyber incidents, under a new rule that will go into effect on May 1, 2022.

Banking 76

Banking Report Financial Insurance 76

Forrester IT

NOVEMBER 21, 2019

Customer expectations are shaped by the immediacy, convenience, and simplicity that come when we bank, shop, and even file our taxes digitally. TurboTax may have made process of filing taxes easier, but the same can’t be said for buying life insurance. The underwriting process just takes too long and is too hard to complete.

Insurance 212

Insurance Banking Artificial Intelligence Applications 212

CIO Business Intelligence

APRIL 12, 2022

When the COVID-19 pandemic hit, it shook every industry to the core, but especially and dramatically affected health insurers. Deluged with calls and questions about rapidly changing health guidelines and coverage, insurers had to quickly revamp their systems to provide updated information.

Insurance 52

Insurance Survey Banking Policies 52

GeekWire

MARCH 14, 2023

Silicon Valley Bank was a leading provider of venture debt, used by startups to help support their balance sheets. Bigstock Image) As part of the rapid downfall of Silicon Valley Bank, questions swirled about the future of venture debt and whether startups would be able to access their loans. Absolutely not,” he said.

Banking 76

Banking Insurance Report Data 76

Information Week

FEBRUARY 4, 2021

Financial services firms, such as banks and insurance providers, are rapidly heading into the cloud, lured by the promise of multiple monetary, innovation and performance benefits.

Financial 192

Financial Cloud Industry Insurance 192

Forrester IT

AUGUST 11, 2021

Open finance will change little in the next couple of years — but will transform financial services over the coming decade.

Banking 370

Banking Financial Insurance Trends 370