Data center electrician pay rises as AI buildout strains labor supply
AI data center construction is pulling electricians into rural projects, with Indeed finding some roles pay 42% more than comparab...
By Rafael Ortiz 3 weeks agoFintech Correspondent
Rafael Ortiz
Rafael covers payments, banking infrastructure, and the software eating financial services. Former product lead at a payments processor.
Latest from Rafael Ortiz
SoFi cross-selling accelerates as members drive 51% of new products
SoFi said existing members generated 51% of new products in Q2, while shares fell after the company kept EBITDA guidance steady.
By Rafael Ortiz 3 weeks agoMoonPay PayBox opens AI payments through Claude and ChatGPT
MoonPay says PayBox lets AI agents prepare payments, swaps and bookings while users approve money movement with passkeys.
By Rafael Ortiz 3 weeks agoBank of Luxemburg completes CSI core conversion
Bank of Luxemburg has gone live on CSI’s NuPoint core platform, adding loan origination tools as it updates systems for growth.
By Rafael Ortiz 3 weeks ago
Cyera Oasis acquisition aims to secure enterprise AI agents
Cyera plans to buy Oasis Security in a deal WSJ pegged at $1 billion, combining data and identity controls for enterprise AI agent...
By Rafael Ortiz 3 weeks agoFinancial compliance infrastructure gains urgency as EU rulebook expands
Kalipso CEO Pierre Ferran says EU rules and AI are pushing banks to embed compliance into daily operating systems.
By Rafael Ortiz 3 weeks ago
OpenGate Merak acquisition carves rail HVAC unit from Knorr-Bremse
OpenGate agreed to buy Merak, Knorr-Bremse’s global rail HVAC business, with closing expected by end-2026 after approvals.
By Rafael Ortiz 3 weeks ago
BaFin AI monitoring to cover banks and insurers under EU rules
Germany’s BaFin will monitor how financial firms use AI, with high-risk systems such as credit scoring due for attention from 2027...
By Rafael Ortiz 3 weeks agoICE fixed income AI access opens through Model Context Protocol
ICE says licensed users can access its fixed income data and methodologies in AI workflows through the Model Context Protocol.
By Rafael Ortiz 3 weeks ago
Anthropic cryptography weaknesses raise bank security migration questions
Anthropic said frontier AI found weaknesses in HAWK and reduced-round AES, adding pressure on banks to map and replace embedded en...
By Rafael Ortiz 3 weeks ago
Included Health Firefly acquisition set to close in third quarter 2026
Carlyle-backed Included Health agreed to buy Firefly Health, with financial terms undisclosed and closing expected in the third qu...
By Rafael Ortiz 3 weeks ago
Xylem WaterFleet acquisition values EagleTree-backed firm at $200mn
Xylem has agreed to buy WaterFleet for about $200mn, adding a provider of mobile water and wastewater services for critical sites.
By Rafael Ortiz 3 weeks ago