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

TechCrunch

Beyond this, Savana offers a low-code UI framework to build internal and customer-facing apps that interface with the aforementioned APIs. Deloitte reported last week that fintech investment decreased to $52.9 The competition is likely to grow fiercer as economic headwinds reach gale force. billion in H1 2022, down 24% from $69.6

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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. Traditional banks miss the digital mark. But there’s a digital gap holding FIs back, especially small community banks and credit unions.