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Weekend maintenance kicks an Italian bank offline for days

The Pragmatic Engineer

Sella is a mid-sized bank in Italy with around $14B in assets under management. The Sella banking app, the Sella Invest app, and internet banking are all down. So, it seems all the banks’ digital properties, except those for trading, have gone down hard. It all suggests there was an unexpected edge case.

Banking 221
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The Collapse of Silicon Valley Bank

The Pragmatic Engineer

In case you somehow missed it: we went through the fastest bank run in history, in an event that impacted about half of all VC-funded startups in the US and UK. ” There was no certainty for startups with money in Silicon Valley Bank. Deposits in Silicon Valley Bank, 1991-2023. The bank was founded in 1983.

Banking 192
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Cybersecurity in Banking: Importance, Threats, Challenges

Knowledge Hut

As we transition to a digital economy, cybersecurity in banking is becoming a serious concern. The effectiveness of cybersecurity in banks influences the safety of our Personally Identifiable Information (PII), whether it be an unintentional breach or a well-planned cyberattack. What is Cybersecurity in Banking? billion by 2029.

Banking 98
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Stop Trying to be a Digital Bank

Teradata

Digitization is necessary, but not sufficient to meet evolving customer demands & create the bank of the future. Use data analytics to help customers achieve their goals not deliver better apps.]]

Banking 98
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Being the Best Digital Bank is Not Enough

Teradata

For many, banking is now a digital activity. But the financial services industry still trails many others in leveraging cloud technologies to build deeper, emotional attachments to their customers.

Banking 94
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Coastal Community Bank Builds a Thriving Financial Ecosystem on Databricks Data Intelligence Platform

databricks

Special thanks to Barb MacLean, SVP, Head of Technology Operations and Implementation at Coastal Community Bank (Coastal) and Rob Cavallo, President at Cavallo.

Banking 97
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Habib Bank manages data at scale with Cloudera Data Platform

Cloudera

As the leading financial institution of Pakistan, Habib Bank Limited (HBL) is at the forefront of all development initiatives which includes growth of priority sectors and targeting the unbanked population in the country. HBL was the first Pakistani commercial bank to be established in Pakistan in 1947.

Banking 91