TechBuffalo is now conducting a nationwide search for a president and CEO who can continue helping create a “sustainable, inclusive, and accessible tech ecosystem” in Western New York. The nonprofit
Wednesday (4/28/21) M&T Bank unveiled its long-awaited Tech Hub inside the Seneca One Tower.
The plan was first announced in the Summer of 2019 when the building was vacant, now it is bustling with activity. Once the move is complete, about 1,500 tech employees will work in the hub according to NEWS 4 (WIVB-TV).
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Work resumed last Summer after having to pause due to the pandemic. In addition to M&T, startup incubators 43 North and Techstars, as well as international business management software company Odoo will also occupy space in the 38 story tower.
M&T Bank will lease 11 upper floors. M&T is the biggest part of the $120 million renovation of the building led by developer Doug Jemal.
M&T Bank
M&T Bank is launching a 13-floor, $58 million tech site in downtown Buffalo.
M&T Bank CIO Michael Wisler told Insider that cities like Buffalo are in a race for talent relevance.
M&T is on a three-year journey to pivot towards agile, customer-driven tech development.
The COVID-19 pandemic has left banks large and small racing to upgrade their digital capabilities as customer demand for seamless, online mobile banking has only grown.
It s also illustrated the benefits of scale for financial firms as interest rates remain near-rock bottom levels. Some have turned to M&A to bulk up, leading to a resurgence of dealmaking.
Regional Coalition offering free tech and digital classes for up to 3,000 Western New Yorkers
and last updated 2020-12-29 17:44:34-05
BUFFALO, N.Y. (WKBW) â At a time when the pandemic has put so many people out of work, nearly a dozen organizations have joined forces to create the Western New York Tech Skills Initiative, a free online training program for unemployed and part-time workers.
âWe recognize that there is a real need, and hardship in the community, and we wanted to offer this virtual skills training experience,â Senior Technology Manager at M&T Bank, one of the organizations involved in this coalition, Sarah Tanbakuchi said.