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Can Pivotus Help Save Banks from Themselves?

Bank Innovation

Pivotus Ventures, a new venture capital firm launched by Umpqua Holdings Corporation, believes that drastic action is needed to keep banks relevant in the coming years. Just last year, the Portland, Oregon-based corporation performed the rare feat of upgrading its core Read More. If any FIs can do it, Umpqua is certainly among them.

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Accelerating To The Future?

PYMNTS

Startups often need the resources — including the capital, equipment and expertise offered by these organizations — to stay afloat in an increasingly competitive marketplace. As more software, biotech and other technology companies enter the space, the need for accelerators is, well, accelerating. Working with the big boys.

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The 2023 GonzoBanker Awards

Gonzobanker

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. The specifics are unclear, but bankers recognized that this will be an absolute game-changing technology in future years, and delivery will change in ways we can’t even conjure yet. Grab some popcorn and watch.

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Passport Raises $8 Million in Series B

Fintech Labs Insights

Here’s a funding from one of our more interesting alums that slipped below the radar last month: mobile payment innovator Passport has raised $8 million in new funding. The Series B round was led by MK Capital, and featured participation from Grotech Ventures and Relevance Capital. ” Youakim said.

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Fintech Fundings: 25 Companies Raise $1.6 Billion Week Ending Aug 20

Fintech Labs Insights

Guideline Technologies. HQ: Portland, Oregon. HQ: Portland, Oregon. Capital Match. Agio Technologies. Source: Bank Innovations. Drip Capital . Source: Bank Innovations. Source: Bank Innovations. Source: FT Partners. 40i(k) solutions. HQ: San Mateo, California. Source: Crunchbase.

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Disrupting Insurance: The Other Financial Services Opportunity

Tefkin

In the last years, most of the focus on innovation in financial services has been, it seems, on banking (investing and lending) and payment. In the past 20 years, arguably the investment side of the insurance business has seen the most innovation. A classic case of Innovator’s dilemma. billions. A new carrier?

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46 Corporations Working On Autonomous Vehicles

CB Insights

They are a diverse group of players, ranging from automotive industry stalwarts to leading technology brands and telecommunications companies. This list is not intended to be exhaustive of corporations working on autonomous vehicle technology. Top initiatives: Filed patent in 2016 for autonomous lane-switching technology.

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