firms

Plaid acquires Cognito, which offers ID verification and compliance services to financial firms, source says for ~$250M in cash and stock (Alex Wilhelm/TechCrunch)

Alex Wilhelm / TechCrunch: Plaid acquires Cognito, which offers ID verification and compliance services to financial firms, source says for ~$250M in cash and stock  —  Plaid, a fintech unicorn known for its APIs that connect consumer bank accounts to financial applications, announced today that it is buying Cognito. Source link

US tech firms' "nearshoring" of talent from Latin America, driven by cheaper costs and similar time zones, is leading to staffing shortages for LatAm tech firms (Vittoria Elliott/Rest of World)

Vittoria Elliott / Rest of World: US tech firms’ “nearshoring” of talent from Latin America, driven by cheaper costs and similar time zones, is leading to staffing shortages for LatAm tech firms  —  As a hedge against American talent poachers, some exasperated founders are recruiting developers who can’t speak English. Source link

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