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Savana raises a fresh round of capital to digitize banks’ services

TechCrunch

Moreover, only 11% of finance executives say their organization has modernized systems to the point where they can easily incorporate new digital technologies, according to Deloitte. Beyond this, Savana offers a low-code UI framework to build internal and customer-facing apps that interface with the aforementioned APIs.

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Fintech companies must balance the pursuit of profit against ethical data usage

TechCrunch

As the marketplace is poked by yet another technocrat tentacle, this time in the heart of financial services, traditional banks that consumers and businesses once relied on find themselves at a crossroads. It’s important to bear in mind that the venture into payments and financial services is multipronged for Big Tech players.