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Banks Need FinTech To Stay Competitive – And Secure

PYMNTS

Traditional banks have continued their sloth-like pace in FinTech adoption, added Galarza, which has led corporates to seek innovative services from non-bank players. “In In the accounting industry, businesses already trust providers of Software-as-a-Service (SaaS) with their most valuable asset: data,” he said.

Security 181
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Why We Invested: VCs Sound Off On 7 Recent Early-Stage Startup Investments

CB Insights

They’re also bullish on how Element AI’s cooperative platform and “non-predatory” approach to AI talent (in which academic researchers are paid like private employees) will accelerate AI innovation. Frankel also sees the startup’s location in Boston as giving them an “unfair advantage” in talent acquisition. Greylock Partners.

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Fintech Fundings: 28 Companies Raise $220 Million Week Ending March 25

Fintech Labs Insights

In total, there were 13 fintech startups (or 15 by the Bank Innovations definition ), 12% of the total YC W16 class of 109. HQ: Boston, Massachusetts. Financial data for private equity funds. Tags: Investors, big data, business intelligence, investing, capital markets. Source: Crunchbase. Maxwell Health.

Company 12
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Reopening: The Tech-Enabled Office In A Post-Covid World

CB Insights

A completely remote workforce seems unlikely, given the intangible benefits of social connection, collaboration, and innovation that in-person working provides. Beyond the office: cybersecurity and at-home network security. Challenges: health screens raise security concerns . Bathrooms: autonomous cleaning solutions. Conclusion.

Meeting 101
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B2B Investors Set Sights On Data, AI, Analytics

PYMNTS

In what’s becoming an increasingly popular theme for B2B startup investors, this week’s funding rounds for B2B startups largely centered on tackling data silos and empowering the enterprise with the insights that data can provide. Existing partners of the FI including Coinbase and online lending platform Affirm.

Analytics 176