Question: Have we created Generative Finance yet? Answer: No. Everyone has been talking about Generative AI for the past year or so, particularly after ChatGPT and OpenAI hit the market … and yet a lot finance is still really dumb. Where is the intelligence in finance? And, when we do get AI integrated with finance,……

Question: Have we created Generative Finance yet? Answer: No. Everyone has been talking about Generative AI for the past year or so, particularly after ChatGPT and OpenAI hit the market … and yet a lot finance is still really dumb. Where is the intelligence in finance? And, when we do get AI integrated with finance,……

Things we’re reading today include … Why Sequoia’s Klarna board drama made the VC world wince – PitchBook Revolut still waiting for UK banking licence almost a year after claiming approval was ‘imminent’ | This is Money The crypto token for Sam Altman’s eyeball-scanning startup Worldcoin just hit an all-time high as WLD rides the……

This week’s main blog discussions include … Is technology making our lives better or worse? I had a debate around the enshittifying dialogue the other day. At dinner with an executive from a Big Tech firm, he said that our world is made better with technology, not worse. So, I asked him to give me……

Envestnet data and analytics revenue fell during its fiscal fourth quarter amid rumblings in December of a Yodlee sale.  The wealthtech giant’s data and analytics revenue fell 7% year over year to $38.6 million during the quarter, according to its earnings presentation.   WHY IT MATTERS: In December, there were talks of a potential sale…

Capital One could be excluded from the proposed Credit Card Competition Act of 2023 if its acquisition of Discover Financial Services goes through and the bank creates an in-house processor.  Read more on the Capital One, Discover deal The proposed act, introduced in June 2023 by U.S. Sen. Richard Durbin, D-Ill, would require credit card…

I had a debate around the enshittifying dialogue the other day. At dinner with an executive from a Big Tech firm, he said that our world is made better with technology, not worse. So, I asked him to give me five examples of how it makes our world better. Here’s what he came up with….…

I had a debate around the enshittifying dialogue the other day. At dinner with an executive from a Big Tech firm, he said that our world is made better with technology, not worse. So, I asked him to give me five examples of how it makes our world better. Here’s what he came up with….…

I had a debate around the enshittifying dialogue the other day. At dinner with an executive from a Big Tech firm, he said that our world is made better with technology, not worse. So, I asked him to give me five examples of how it makes our world better. Here’s what he came up with….…

I had a debate around the enshittifying dialogue the other day. At dinner with an executive from a Big Tech firm, he said that our world is made better with technology, not worse. So, I asked him to give me five examples of how it makes our world better. Here’s what he came up with….…