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Tencent To Open Seattle AI Research Lab

PYMNTS

Tencent, whose mobile chat and social commerce app Wechat sees over 889 million active users, has decided to open up shop in Seattle — and by shop, we mean an AI research center run by former Microsoft principal researcher Yu Dong, said The Information. Tencent included. billion in revenue from payments last year.

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Nordstrom Breach Exposes Data On 76K Employees

PYMNTS

Nordstrom has suffered a data breach that exposed employee names, Social Security numbers, dates of birth, checking account and routing numbers, salaries and more. Employees who may not have regular access to corporate email accounts were being notified by their managers at work.

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Facebook’s News Accelerator Nets Extra $5M For Local Newspapers

PYMNTS

But David Grant, the Accelerator’s program manager, said that about 99 percent of the program has nothing to do with Facebook. Also in January, the social media giant opened a 130,000-square-foot office in Cambridge , Massachusetts. It’s not about Facebook tools and services,” Grant noted.

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Amazon Treasure Truck Patent Puts Expansion In Motion

PYMNTS

Though Amazon’s Treasure Truck has been roaming the streets of Seattle since it launched back in June 2015, the eCommerce giant’s new patent may significantly expand the truck’s horizons. According to GeekWire , the new patent could be a sign of Amazon taking a step in the direction of an expansion plan for the Treasure Truck.

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IBM Signs On to Sponsor Bank Innovation Ignite

Bank Innovation

Bank Innovation Ignite, March 11-12 in Seattle, offers high-level discussions and networking around the future of what’s next in banking. IBM, one of the world’s largest technology companies, has agreed to sponsor Bank Innovation Ignite, which explores new ideas and technologies needed to push banking forward. The […].

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INV Opens Demo Day to FI Attendees at Bank Innovation Ignite

Bank Innovation

Previously, only INV Fintech members were permitted to attend Demo Day on March 11 in Seattle. INV Fintech, the technology accelerator run in partnership with Fiserv, has opened its Demo Day event to financial institution executives attending Bank Innovation Ignite.

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Microsoft’s Blockchain Guru Marley Gray Joins Speaker Faculty

Bank Innovation

Gray will discuss corporate banking and blockchains on March 1 in Seattle with JP Jolly of Citigroup and Deva Annamalai of Fiserv. Bank Innovation is pleased to welcome Marley Gray, Microsoft’s director of technology strategy for blockchain and financial services, to our speaker faculty.