Sitting at a recent conference meeting, one of the folks around the table said: “technology is good, but humans are more important”. That got me thinking, and maybe not in a good way as it immediately made me see that future of machines running the world, and humans coming second. Ex Machina, Terminator, Black Mirror……

Sitting at a recent conference meeting, one of the folks around the table said: “technology is good, but humans are more important”. That got me thinking, and maybe not in a good way as it immediately made me see that future of machines running the world, and humans coming second. Ex Machina, Terminator, Black Mirror……

Sitting at a recent conference meeting, one of the folks around the table said: “technology is good, but humans are more important”. That got me thinking, and maybe not in a good way as it immediately made me see that future of machines running the world, and humans coming second. Ex Machina, Terminator, Black Mirror……

Things we’re reading today include: “People are scared to say the wrong thing” says fintech leader, heading up new disability inclusion campaign – Tech.eu New York threatens London’s fintech dominance, says Revolut UK chief (telegraph.co.uk) Bank of America accused of religious and political ‘discrimination’ by ‘de-banking’ or refusing to service Trump supporters | Daily Mail……

Sitting at a recent conference meeting, one of the folks around the table said: “technology is good, but humans are more important”. That got me thinking, and maybe not in a good way as it immediately made me see that future of machines running the world, and humans coming second. Ex Machina, Terminator, Black Mirror……

finmid is building an embedded finance product that targets that relationship between marketplaces and sellers, and raised a Series A round to further build out its product and enter new markets. © 2024 TechCrunch. All rights reserved. For personal use only.

Goldman Sachs is deploying AI in-house and preparing for financing opportunities in AI development in the market.  Developing AI technology requires “infrastructure, power, and all these things require financing to drive scale that’s going to be necessary for people to execute on the investments that they see as important to keep their businesses competitive at…

AI continues to take the financial services industry by storm, but as the mega-big banks implement internal AI councils, hire chief data officers and invest heavily in the tech, many institutions are still asking “Where do we start our AI journey?”  Within banking, 87% of bank decision-makers said that there is increasing pressure from boards…

Things we’re reading today include … Fintech boards lack AI skills needed to drive future growth, survey finds (cityam.com) Fintech funding slows to the lowest level since 2017 | TechCrunch UK digital bank Zopa turns a profit as it eyes an IPO (ft.com) Bank of England forecasts undermined by out-of-date methods, report finds | Bank……

One of my readers picked me up on my articles about the use of customer data, AI and open banking last week, saying that I had missed a critical point. What had I missed? Well, the discussions were mainly about the use of customer data for marketing, advice, safety, security, risk and compliance … but……