AI
Former Temenos execs found GenAI banking tech start-up, yPilot
yPilot Fintech Start-up Overview
Founders:Todd Winship (CEO): Formerly at Temenos, founded Primisyn.
Rayce Rossum (CTO): Formerly at Temenos, worked on AI projects.Company Focus:GenAI...
AI
Google Cloud to develop quantitative research and genAI capabilities for three new industry takers
Google Cloud's Expansion in Financial Institutions:Google Cloud has extended its technology to three new financial institutions, showcasing a boost for the industry's...
Banking
Canada’s Vancity names Wellington Holbrook as president and CEO
Vancity's New CEO:Canadian credit union Vancity has appointed Wellington Holbrook as its new President and CEO, effective from January 15, 2024.
Wellington...
Banking
Beem Credit Union appoints Sue Britton as chief innovation officer
Sue Britton, CEO of Firefly Growth, appointed as Chief Innovation Officer (CIO) at Beem Credit Union
Beem Credit Union formed through the merger...
Banking
Canadian Tire reacquires Scotiabank’s 20% stake in its financial services arm in $650m deal
Financial Transaction: Canadian Tire buys back Scotiabank’s 20% stake in its financial services arm, CTFS, through an all-cash transaction valued at around $650 million...
AI
Arteria AI bags $30m to help financial institutions extract data from documentation
Arteria AI, a Toronto-based tech start-up, secures $30 million in a Series B funding round led by GGV Capital.
Existing investors, including Illuminate...
Banking
Visa taps US security operations provider Expel for MDR capabilities
Visa has partnered with security operations provider Expel to enhance its clients' cybersecurity by leveraging Expel's managed detection and response (MDR) solution, aiming to...
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