Weekly Wrap: U.S. unveils AI task force and Citrix moves to API-driven treasury management
In this week’s episode of “The Buzz,” Bank Automation News goes over the Biden administration’s decision to establish a task...
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Biden will need more than $52B to counter China in chips
President Joe Biden’s blueprint for the U.S. semiconductor industry marks an ambitious effort to set industrial policy for a critical...
What is Fastly and why a slew of websites went offline
An outage at Fastly Inc., a cloud-based content platform that serves many leading international websites, sent swaths of the web...
Lessons learned: PPP spurs new automations and fintech partnerships
It was a wild ride, but the stream of federal Paycheck Protection Program (PPP) money has finally run out. However,...
Celonis speaks on $1B Series D round
Last week’s announcement of a $1 billion Series D funding round by process mining leader Celonis puts the fintech in a league of its own, taking the company’s post-money valuation...
HSBC rolls out openly accessible API portal for customers, developers
HSBC has launched an application programming interface (API) portal to provide developers and customers access to the $2.98 trillion bank’s...
Temenos inks cloud partnership with Huawei, eyes expansion in China, Asia-Pacific
Bank software provider Temenos is eyeing an expansion into the Chinese market under a deal inked with IT giant Huawei,...
Ethical AI: Experts say AI can be tapped for alternative credit scoring
Approximately 7.1 million U.S. households are unbanked, according to the most recent data from the FDIC, and 1.7 billion adults...
Movers and shakers: Tech leaders get boost at JP Morgan, Bank of America
Bank of America, JP Morgan and Wells Fargo & Co. were among the banks that shuffled and promoted tech leaders...
The future of account aggregation and open banking: Modern connectivity
The history of account aggregation has been fraught. Early API standards throughout the 1990s and 2000s struggled to get widespread...
