How banks can extract value from generative AI
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The FR’s editors recently sat down with Dan Latimore to get his insights on the state of generative AI in banking.
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Fintech News Stories
What’s next for BaaS: Navigating regulatory challenges with customer-centric strategies
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Robust compliance, partnerships with banks and a customer-first approach should be integral to a successful BaaS strategy, writes James Simcox of Equals Money.
Read MoreInternational Regulatory Standards Coming for Crypto
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Cryptocurrencies are notorious for existing outside the normal regulatory oversight that governs most financial assets. Indeed, that’s a main selling point for many fans of crypto. But a group of international regulators this week outlined a plan to try and put some shackles on these shackle-less digital currencies.
Read MoreMexico’s Bank-Friendly President
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Generally, left-wing politicians and banks are not on the same side. At least that’s the case in the United States, where the vast majority of our elected officials are unable to think independently, but simply toe the party line.
Read MoreIntel’s New AI Framework
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Last month, the White House issued an executive order laying out how the U.S. would maintain American leadership in AI. Putting aside the fact that the order assumed, perhaps inaccurately, that the U.S. is the world’s AI leader, it was criticized for being long on blather and short on meat (what a surprise)
Read MoreThe Seamy Underbelly of Selling Cybersecurity Tech
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For any technology vendor, selling to large corporations can be an exhaustive and time-consuming process. The sales cycle is incredibly long, and even getting the ear of the right executive can be nearly impossible. But a CNBC report this week shows the lengths to which some vendors will go to get the attention of top security executives in an ever-increasing and competitive marketplace.
Read MoreA regulatory framework for the era of vacuum tubes.
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A white paper just out from the Milken Institute and fintech specialist Jackson Mueller says that developing a fintech hub “requires more than just a press release or a news soundbite.” It contends there must be an impetus for change that leads officials from the top down to wade into uncharted regulatory territory.
Read MoreCOMPANY OF NOTE: Privitar.
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Advanced analytics and machine-learning applications present financial services firms with a challenge. On one hand, consumers want their financial institutions to utilize technology to provide new and more frictionless services. But they also want their sensitive personal data to be protected to the fullest extent possible.
Read MoreYou can’t unspin the AI fidget.
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From academics to AI gurus, it seems like everyone has a view on the Zuckerberg-Musk trashtalkathon over AI regulation. For us, recent discussions with finance pros with AI chops have fueled our Muskian perspective. Here’s our theory on Zuckerberg’s position:
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