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The Finanser’s Week: 26th February – 3rd March 2024
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Nubank CEO dishes on the neobank’s profit surge and how tourist VCs in LatAm have gone home
Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our interview show, where we sit down with a guest, think about their work, and unpack the rest. This week, we talked to David…
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JPM exploring synthetic data for AML, software engineering
JPMorgan is exploring the use of synthetic data to streamline its anti-money laundering and software engineering processes. Synthetic data refers to datasets that have been stripped of personal identifying information; developers can run simulations and test models on these datasets while avoiding biases and protecting original data, Deepak Paramanand, head of synthetic data product…
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Citizens receives patent for its Digital Butler
Citizens Bank’s virtual assistant, Digital Butler, was granted a patent this week for its “high degree of personalization,” Jo Wyper, executive vice president and head of operations at Citizens Commercial Bank, told Bank Automation News. Whereas retail solutions have personalized capabilities, commercial solutions often do not. The $222 billion bank’s Digital Butler assistant provides commercial…
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How does cashless work in the gig economy?
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Things worth reading: 1st March 2024
Things we’re reading today include … How Buy Now, Pay Later Became a Fintech Fixture | FinTech Magazine Mastercard and MTN expand fintech cooperation – Developing Telecoms Lloyds Bank issues warning on impersonation scams as they rise 13% – Lloyds Banking Group Ajman Bank Embraces ‘Responsible Banking’ in Partnership With KPMG ESG Services | The……
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When the network fails, what do you do?
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Is a cashless world OK?
There has been a movement over the past years to create a cashless world. Is that OK? It’s debatable. One of the big things about cash is that it represents society. In Europe, the euro notes mark major landmarks; in the UK, the bank notes recognise major figures from Britain’s history; in the USA, legends……
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Things worth reading: 29th February 2024
Things we’re reading today include … HSBC is paying salaries like a Wall Street bank now (efinancialcareers.com) Jeremy Hunt to announce UK government sale of NatWest shares | The Guardian Is bitcoin back? Price suddenly surges as investors flock to crypto | The Independent What bank execs are saying about embedded finance | Bank Automation……
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What bank execs are saying about embedded finance
LONDON — Will embedded finance technology usher in a new era of banking, or is the impact of the technology overblown? Bank executives from ClearBank, Deutsche Bank and Raiffeisen Digital Bank weighed in at FinovateEurope this week. ClearBank Head of Embedded Banking Paul Staples at $3.4 billion ClearBank said that many organizations have embedded…