There are many questions about how we can regulate artificial intelligence, and these grow every day. With deep fake voices and faces, anybody could be convinced to give away their money, bank details or more. How do you regulate AI? To illustrate a basic form of AI, I asked Deepmind to create a video about……

Things we’re reading today include … Capital One Is Buying Discover Financial – WSJ Rothschild Family: Two Banks Fighting Over Clients, Power And Family Name (bloomberg.com) Bank of England is crushing economy, says former chief economist Andy Haldane | This is Money Brazilian FinTech Stark Bank Tripled Payments Processed in 2023 (pymnts.com) China, Crypto and……

Capital One Financial Corp. agreed to buy credit-card lender Discover Financial Services in a $35 billion all-stock deal to create the largest US credit card company by loan volume. McLean, Virginia-based Capital One will pay 1.0192 of its own shares for each Discover share, a 26.6% premium to the closing price on Feb. 16, the…

Appearing in a Parliamentary session the other day, Woody Malouf, Revolut’s head of financial crime, said Meta platforms were “being used as a hotbed for scams” and estimated that 3 out of 5 scams are being generated by Facebook, Instagram and WhatsApp I’ve no idea about your experience but my experience is that anything I……

Things we’re reading today include … PayPal Ventures’ first AI investment, a credit-based dating app and Robinhood’s good week | TechCrunch ‘I’m still proud of what we created’: Metro Bank’s 14-year rollercoaster ride | Metro Bank | The Guardian The Man Who Tamed the World’s Most Troubled Bank – WSJ Meet the Aussie bank boss……

Welcome to TechCrunch Fintech (formerly The Interchange)! This week, we’re looking at a new finance-based dating app, Robinhood’s earnings results and the startup in which PayPal Ventures made its first investment. Let’s dive in! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Sunday at 7:30 a.m.…

This week’s main blog discussions include … How old banks are responding to challenger banks (research report) I got an interesting research report from Economist Impact the other day, commissioned by Temenos. Usually I ignore such emails and updates, but this one was interesting as it’s focused upon how traditional financial providers are competing with……

NatWest is saving on costs and improving the customer journey through technology.  “Since 2021, we have delivered run rate savings of around 250 million pounds ($315 million) a year through digitizing customer journeys,” newly appointed Chief Executive Paul Thwaite said during the bank’s fourth-quarter earnings call today. “We continue to simplify journeys across the bank…

Bank of America is working to control the fallout following an October data breach at third-party vendor Infosys McCamish Solutions.  The bank is offering the more than 57,000 affected clients a free, two-year membership to IdentityWorks, an identity protection product from Experian, according to an Infosys McCamish Solutions filing with the state of Maine. “If…

Things we’re reading today include … Monzo reaches nine million customer milestone (finextra.com) Commonwealth Bank chief executive Matt Comyn makes shock cash confession | Daily Mail Standard Chartered needs drastic action, not diplomatic polish (ft.com) How investors can hold greenwashing banks to account — The Bureau of Investigative Journalism Zain Launches Innovative Fintech App Offering……