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Why Facebook [Meta] is the enemy
Continuing my debate about data usage and data abuse, I listened to a fascinating discussion from the BBC about whether Mark Zuckerberg is a good or bad billionaire. You can listen to the podcast if interested, but a few items came up such as the release of customer data to Cambridge Analytica a few years……
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Why Facebook [Meta] is the enemy
Continuing my debate about data usage and data abuse, I listened to a fascinating discussion from the BBC about whether Mark Zuckerberg is a good or bad billionaire. You can listen to the podcast if interested, but a few items came up such as the release of customer data to Cambridge Analytica a few years……
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AI will be as transformational as the printing press, according to Jamie Dimon
After yesterday’s discussion of being careful with customer data, AI may be the solution. In previous examples of data sharing, such as those mentioned with Barclays and ING ten years ago, it was too much of a blunt instrument. The intelligence was lacking. But I can see banks moving stealthily into customer data sharing, targeting,……
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76% of EU banks to up tech spend to comply with new regulation
European banks are preparing their tech stacks to comply with Instant Payment Regulation, which were set in motion on April 8. The European Parliament and European Council, which provide the foundation for the single euro payments area (SEPA), published the Instant Payment Regulation March 14. The regulation states that European banks must be able to…
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Transactions: Google Cloud powers Quantum Metric’s gen AI tool
Digital analytics platform Quantum Metric used Google Cloud’s Gemini Pro to launch its generative AI-powered session summarization tool Felix AI on April 4. “Our technology allows organizations to … understand where and why users struggle, quantify how many are experiencing the same issue and connect information across the organization to promptly rectify the problem to…
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Truist parts ways with another CIO
The shakeup at Truist Financial continues. Truist Financial Chief Information Officer Scott Case has left the Charlotte, N.C.-based bank, a source close to the matter told Bank Automation News. Case took on the role of enterprise CIO at Truist in December 2019, according to his LinkedIn profile. He joined Truist through the SunTrust–BB&T merger. He…
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Things worth reading: 11th April 2024
Things we’re reading today include: Fintech has a gender problem – here’s why you should care (theconversation.com) Mapping the contextual fintech evolution | Ctech (calcalistech.com) Bank branch closures: Labour vows to ‘guarantee face-to-face banking’ as 385 towns see last site close (gbnews.com) Truong My Lan: Vietnamese billionaire accused in multi-billion dollar bank fraud – BBC……
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AI will be as transformational as the printing press, according to Jamie Dimon
After yesterday’s discussion of being careful with customer data, AI may be the solution. In previous examples of data sharing, such as those mentioned with Barclays and ING ten years ago, it was too much of a blunt instrument. The intelligence was lacking. But I can see banks moving stealthily into customer data sharing, targeting,……
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AI will be as transformational as the printing press, according to Jamie Dimon
After yesterday’s discussion of being careful with customer data, AI may be the solution. In previous examples of data sharing, such as those mentioned with Barclays and ING ten years ago, it was too much of a blunt instrument. The intelligence was lacking. But I can see banks moving stealthily into customer data sharing, targeting,……
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AI will be as transformational as the printing press, according to Jamie Dimon
After yesterday’s discussion of being careful with customer data, AI may be the solution. In previous examples of data sharing, such as those mentioned with Barclays and ING ten years ago, it was too much of a blunt instrument. The intelligence was lacking. But I can see banks moving stealthily into customer data sharing, targeting,……