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US Banks Expected To Lose 200K Jobs To Technology

PYMNTS

In the next 10 years, as robots and other tech bring about the “greatest transfer from labour to capital” the industry has witnessed, per a report by Wells Fargo analysts, U.S. Mayo said, according to the outlet, “It’s been a rocky 25-year marriage for banking and technology, but it’s finally getting on course.”.

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To Optimize Supply Chains, Big Data Must Have The Need For Speed

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In this environment, blockchain has surfaced as a technology heralded by many as the disruptive force that can address some of the modern threats to supply chains, from cyberattacks to vendor risks. One of the biggest selling points of distributed ledger technology (DLT) is its ability to preserve the integrity of data.

Big Data 166
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Logistics Outshines Blockchain In B2B Venture Capital This Week

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The hot topics in B2B venture capital these days are often cutting-edge technologies like blockchain and data analytics. Indeed, these spaces secured significant funding in this week’s B2B venture capital roundup. But a lesser-discussed market grabbed the largest investment of the week: logistics. Data Nerds.

Capital 118
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China B2B FinTech Nabs The Venture Capital Spotlight

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Yet, small business (SMB) banking wasn’t the only highlight of this week’s B2B venture capital roundup, with the two largest fundraises showcasing China’s rising B2B FinTech ecosystem in areas like expense management and invoicing. Hainan Golden Technology. Starling Bank.

Capital 101
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Google's Former CEO Schmidt Invests In New $111 Million EU Tech Fund

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Former Google CEO Eric Schmidt is among the backers of a new $111 million European early-stage venture capital fund, according to CNBC. 30) by London-based venture capital firm Firstminute Capital , CNBC reported. The new fund's main investor is RIT Capital Partners.

Google 159
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Cybersecurity, Recruiting Tech Lead B2B VC

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Accounts payable, cloud migration, Big Data and even legal management for startups raising new funding were all targeted among investors. Investors at Barclays Bank and BOLD Capital Partners led the investment, while TFX Capital Partners, Techstars Ventures and First Derivates also participated. The company raised $6.5

Capital 143
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Rethinking The SME Loan Underwriting Model In Southeast Asia

PYMNTS

In markets like Southeast Asia, high rates of credit-invisible, underbanked small businesses make filling the small business credit gap an even more difficult challenge. At the root of the matter is often a lack of predictive data to ascertain the creditworthiness of these small- to medium-sized businesses (SMBs).

Data 193