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US Banks Expected To Lose 200K Jobs To Technology

PYMNTS

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.”. Wells Fargo’s team of analysts in financial services and technology examined technology’s impact throughout the banking industry in the U.S. In separate news, U.S.

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USAA Sues Wells Fargo Over RDC Technology

PYMNTS

USAA , the insurance company and bank serving current and former military members and their families, filed a federal lawsuit against Wells Fargo Bank over its use of USAA’s RDC technology. To serve everyone, the company launched a scanner-based remote deposit capture (RDC) service in 2006.

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CA Technologies Sold To Broadcom For $19B

PYMNTS

Broadcom has agreed to buy software company CA Technologies for $18.9 He added that the deal will help the company expand in a market for infrastructure technology that amounts to $200 billion, about triple the size of its current opportunity. According to The Wall Street Journal , Broadcom will pay $44.50

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Payroc Expands Payment Processing Services With Bluestone Payments Acquisition

PYMNTS

Bluestone Payments, founded by Linda Rossetti and launched in 2006, connects merchants in niche markets to payments programs through a referral system. Global payment processor Payroc announced Wednesday (Nov. 18) in a company press release emailed to PYMNTS that it has acquired Bluestone Payments.

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Apple Buys AI Voice Assistant Startup To Make Siri Smarter

PYMNTS

Siri is getting an assistant by way of the artificial intelligence startup Voysis , which Apple acquired to improve natural language technology, according to a Bloomberg report on Friday (April 3). . Before co-founding the company, Cahill spent 15 years studying speech technology and neural networks.

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Cloud Software Co. Mirakl Raises $300M

PYMNTS

He said such digital technology is making it easier for sellers, brands and consumers to connect. The company was founded in 2006, when Nussenbaum launched an online marketplace for video games. “We As a result, eCommerce is becoming a battle of marketplaces, services and ecosystems.

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AWS May Soon Become the 4th Largest Enterprise Technology Business Globally

CB Insights

If AWS were to become its own independent business, it would be the fifth largest enterprise technology business in the world by revenue. But at its current growth rate, AWS may soon overtake SAP to become the fourth largest enterprise technology business. Cloud wars: the race between Google, Microsoft, and Amazon.