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…

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…

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…

One of the biggest challenges in moving to cashless is that there are a lot people who rely on cash. I hate it when you go to a restaurant and pay by card, because there’s nowhere to leave a cash tip. Sure, there’s a service charge, but will that be given to your host and……

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……

I was driving to pick up my dog the other day from his kennel stay. We had been away on a holiday and the dog was booked into his doggie hotel. Halfway there, and being purely reliant on digital maps, the maps stopped navigating. Maybe I lost the signal or maybe there was no signal……

Royal Bank of Canada’s deal to acquire HSBC Canada for $10 billion, announced in November, is expected to close on March 28.  The bank announced last quarter that conversion activities would likely begin April 1, according to an RBC release. Expenses were up 6% year over year, “adjusting for the acquisition and integration-related costs to…

Payments infrastructure giant Stripe said today it has inked deals with investors to provide liquidity to current and former employees through a tender offer at a $65 billion valuation. Notably, the valuation represents a 30% increase compared to what Stripe was valued at last March when it raised $6.5 billion in Series I funding at…

Things we’re reading today include … Debanking fears as over 140k business accounts closed | Sky News Stablecoins win 60% of crypto volume as soaring coins lure bets on reliability – DL News Asset servicing industry news | BNP Paribas and Citi invest in United Fintech (assetservicingtimes.com) Greening the Bank of England’s Collateral Framework –……

ING Bank’s Marco Eijsackers, is head of CIO office, where he is focused on developing and deploying emerging technologies within the $967 billion bank’s operations.  The Amsterdam-based ING is reaping the benefits of its continued investment in technology and aims to spend less on tech through its optimization and automation of it’s know-your-customer processes, reduced…