Green Dot Appoints Kim Olson as Chief Risk Officer

Green Dot Corporation (NYSE: GDOT) today announced that Kim Olson has joined the company as Chief Risk Officer responsible for overseeing all aspects of Green Dot’s risk management strategy and program execution and reporting directly to the Chief Executive Officer. “Kim is a proven leader with skills and experience that will bolster our commitment to and focus on compliance and risk management,” said George Gresham, Chief Executive Officer, Green Dot. “We have been making great...

Ethos Secures $6M to Modernize Model Risk Management for Banks & Fintechs

Ethos, the modern model risk management platform, announced today a seed investment of $6M to become the gold-standard platform enabling financial institutions and fintech to manage model risk with confidence. The funding round was led by Canapi Ventures, with participation from Capital One Ventures and Better Tomorrow Ventures. Financial institutions today rely extensively on AI, machine learning, and other data-driven models to make critical decisions – from lending and loss forecasting to fraud detection and anti-money laundering efforts. The acceleration of GenAI...

SRA Watchtower Acquires Lumio Insight to Revolutionize Risk & BI

SRA Watchtower, a leader in risk management technology, announced the acquisition of Lumio Insight, a cloud-based data management and analytics provider. This strategic acquisition will enhance Watchtower by integrating Lumio Insight’s advanced data delivery and automated ingestion capabilities, providing transformative risk insights and enabling financial institutions to make better decisions with greater accuracy and speed. “Data is the currency of the future,” said Edward Vincent, CEO of SRA Watchtower. “Lumio Insight’s data ingestion capabilities and...

BMO Joins IBM Quantum Network to Boost Financial Services Innovation

BMO today announced it has joined the IBM Quantum Network, extending its technology leadership in North America to further drive real financial progress for its customers, clients, and the communities it serves. BMO gains access to IBM’s advanced quantum infrastructure, enabling the bank to develop and deploy quantum-powered solutions across its operations. The investment in advanced capabilities is at the core of BMO’s Digital First strategy to deliver progress and outcomes at scale by merging human expertise...

Resilience Announces Organizational Promotions as It Accelerates Growth

George Kotsiopoulos named President, Insurance Gavin Reed named Head of Underwriting for North America Sarah Thompson named Global Head of Sales Strategy Jack Jenner named Managing Director, International Insurance Resilience, the leading cyber risk company, today announced several promotions as its global growth continues to accelerate. Building on its industry-leading loss ratio, the expansion of its cyber risk management software, and its expanded appetite for its insurance offerings over the past year, these key leaders will help position the company’s...

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