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The Finanser’s Week: 4th March – 10th March 2024
This week’s main blog discussions include … Introducing the Dimonsaur For the past decade, Jamie Dimon has regularly been decrying bitcoin as a scam. Here’s a few of his quotes: Jamie Dimon tells Davos that Bitcoin is a ‘pet rock’ that does nothing—except help with fraud and money laundering Jamie Dimon lashes out against crypto:……
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Open banking: An opportunity for banks to sell data
Banks are looking for ways to monetize the sharing of consumer data as open banking regulations are passed across the globe. Open banking pushes banks to collaborate with fintechs to share consumer data without friction, Matthijs van Voorst, strategic partnership director at the Netherlands-based $380 billion ABN AMRO Bank, said at the recent FinovateEurope event, noting…
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Mastercard implements executive oversight on gen AI
To ensure that data is handled responsibly, Mastercard uses an established set of data and tech responsibility standards as well as additional senior executive oversight on all generative AI applications. “Financial institutions have an advantage at the starting line when it comes to using generative AI,” Andrew Reiskind, chief data officer at Mastercard, told Bank…
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How old banks are alienating GenZ
I have found that several of my major bank account providers have started to question me about various activities from cryptocurrency investments to general document identification and reidentifying who I am. Of course, these are all driven by regulatory requirements for compliance, KYC, AML and such like but, in the process, it has killed my……
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How old banks are alienating GenZ
I have found that several of my major bank account providers have started to question me about various activities from cryptocurrency investments to general document identification and reidentifying who I am. Of course, these are all driven by regulatory requirements for compliance, KYC, AML and such like but, in the process, it has killed my……
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How old banks are alienating GenZ
I have found that several of my major bank account providers have started to question me about various activities from cryptocurrency investments to general document identification and reidentifying who I am. Of course, these are all driven by regulatory requirements for compliance, KYC, AML and such like but, in the process, it has killed my……
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How old banks are alienating GenZ
I have found that several of my major bank account providers have started to question me about various activities from cryptocurrency investments to general document identification and reidentifying who I am. Of course, these are all driven by regulatory requirements for compliance, KYC, AML and such like but, in the process, it has killed my……
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How old banks are alienating GenZ
I have found that several of my major bank account providers have started to question me about various activities from cryptocurrency investments to general document identification and reidentifying who I am. Of course, these are all driven by regulatory requirements for compliance, KYC, AML and such like but, in the process, it has killed my……
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How old banks are alienating GenZ
I have found that several of my major bank account providers have started to question me about various activities from cryptocurrency investments to general document identification and reidentifying who I am. Of course, these are all driven by regulatory requirements for compliance, KYC, AML and such like but, in the process, it has killed my……
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How old banks are alienating GenZ
I have found that several of my major bank account providers have started to question me about various activities from cryptocurrency investments to general document identification and reidentifying who I am. Of course, these are all driven by regulatory requirements for compliance, KYC, AML and such like but, in the process, it has killed my……