FinTech Weekly - The U.S. Is Being Tested - Issue #417
The US has two huge problems to solve, problems that could question its leadership.May 25, 2023The United States seems to have two main issues right now: one is related to the US debt, one is related to artificial intelligence. The US might no longer be able to pay its bills after the end of May. Many nations are discussing different solutions, to avoid too much reliance on the United States. In the meantime, artificial intelligence continues to raise questions. The latest news that made headlines, related to a fake Pentagon explosion, was an occasion to discuss the capability of AI-based tools to create misinformation. Moreover, the US and China have found a new dispute ground in AI. This and much more in this number of FinTech Weekly, the free newsletter to stay ahead of competition and discover fintech news, events and insights. |
CDAO Fall OctoberJoin your data & analytics peers from leading brands across North America as you discover the latest trends and challenges facing your role. |
Banks are ‘museums of technology,’ says fintech companyThe CEO of 10X Banking, Antony Jenkins, affirmed that banks are “museums of technology”. The CEO went on saying that banks had never focused on technology before 2008 (the year of the global financial crisis). |
US risks losing the crypto race to UAE, Korea, Aus and Switzerland: ArkYassine Elmandjra, analyst at ARK Invest, said that the US lacks credible institutions related to the crypto space. According to the analyst, the United States might lose the race to become crypto hubs and industry leaders. On the contrary, countries like Australia, Switzerland and the United Arab Emirates, are constantly enhancing their skills and positions in the market. |
Coinbase to roll out ‘Moving America Forward’ national campaign for cryptoMaybe as an answer to the current status of the United States for what concerns cryptocurrencies, Coinbase – which is the largest crypto exchange in the US, launched a new ad campaign to highlight the advantages of blockchain and cryptocurrencies. The national campaign’s title is Crypto: Moving America Forward. |
Treasury Secretary Yellen Insists US Could Default on June 1 — Goldman Sachs Estimates 'Real Deadline' Is a Week LaterThe US debt ceiling becomes an increasingly tough topic, since the deadline of June 1 is closer. According to Treasury Secretary Yellen, after that date the US won’t be able to pay its bills. But Goldman Sachs experts say that the date could be set a week later. |
YouHodler Unveils Game-Changing B2B Fintech Solutions At The 2023 Crypto Valley ConferenceThe Swiss-based YouHodler, a Web3 platform focused on providing fintech solutions, announced a new set of B2B2C offerings at the 2023 Crypto Valley Conference. |
Is politics monopolising fintech?London has become a fintech hub. Thanks to the experience and skills acquired over time, also regulators started having more elements to scrutinize. Now, the fintech matter might become too politicized. |
AI Ethics: Why It’s Important, Now, To Work On Ethical AIIn this article, FinTech Weekly analyzes the current status of AI ethics – and why it’s so important to develop ethical artificial intelligence right now. |
Jobs
Director, Software Engineering - RippleXIf you’re ready to see your impact and unlock incredible career growth opportunities, join us, and build real world value. |
VP of Strategy and OperationsStand out and lead the way. Define an industry. Forge the path to truly blockchain-based, deflationary, and limitless finance. |
Blockchain Engineer (Node.js / Typescript)Empowered to think big. Try new opportunities while working with a talented, ambitious and supportive team. |
|
Key phrases
Older messages
We are sorry! Crises or Opportunities? - Issue #416
Thursday, May 18, 2023
Different countries experience different issues, but sometimes they can represent opportunities. May 18, 2023 Oops! Our sincerest apologies for the unintended repetition of last week's newsletter.
AI Ups & Downs - Issue #415
Thursday, May 18, 2023
AI might become a valid reason for countries to reconsider their regulatory frameworks and priorities. May 11, 2023 US sanctions regarding semiconductors are forcing China to find its way to develop
AI Ups & Downs - Issue #415
Friday, May 12, 2023
AI might become a valid reason for countries to reconsider their regulatory frameworks and priorities. May 11, 2023 US sanctions regarding semiconductors are forcing China to find its way to develop
Does AI have a soul? - Issue #8
Sunday, May 7, 2023
Talking about what's the path towards a safe artificial intelligence. View this email in your browser Does AI have a soul? - Issue #8 May 7th, 2023 Let's Recap AI investments increase, along
De-Dollarization & Cryptos - Issue #414
Thursday, May 4, 2023
The current economic and financial crisis could lead to the end of the US dollar hegemony. May 04, 2023 The current global and economic financial crisis may lead to the end of the US dollar hegemony.
You Might Also Like
🤝 Amazon doubled down on AI
Thursday, March 28, 2024
China's green energy goodies are too cheap for the US | Amazon doubled down on Anthropic | Finimize TOGETHER WITH Hi Reader, here's what you need to know for March 29th in 3:12 minutes. 🌞 As
🤝 Amazon doubled down on AI
Thursday, March 28, 2024
China's green energy goodies are too cheap for the US | Amazon doubled down on Anthropic | Finimize TOGETHER WITH Hi Reader, here's what you need to know for March 29th in 3:12 minutes. 🌞 As
China’s ‘lost decade’
Thursday, March 28, 2024
Bloomberg Evening Briefing View in browser Bloomberg Ray Dalio has a warning for China. The hedge fund titan says the country should cut its debt and ease monetary policy or face “a lost decade.” China
Looking to buy a home? Good news.
Thursday, March 28, 2024
Don't miss out on lower mortgage rates ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
This woman made investing history
Thursday, March 28, 2024
And so can you.
The Simple Solution Worth Billions to Walmart and Amazon
Thursday, March 28, 2024
The following is a third-party sponsored message. It should not be considered a recommendation or endorsement by HS Dent Publishing. Dear Investor, In warfighting, there's a saying: "Amateurs
Markup matters: monetary policy works through aspirations
Thursday, March 28, 2024
Tim Willems and Rick van der Ploeg Since the post-Covid rise in inflation has been accompanied by strong wage growth, interactions between wage and price-setters, each wishing to attain a certain
🇯🇵 Japan's latest low
Wednesday, March 27, 2024
Visa and Mastercard cut merchants some slack | Japan's yen hit a 30-year low against the US dollar | Finimize TOGETHER WITH Hi Reader, here's what you need to know for March 28th in 3:14
‘Out of the blue’ correction
Wednesday, March 27, 2024
Bloomberg Evening Briefing View in browser Bloomberg With a number of market watchers warning of a bubble, traders are increasingly on the lookout for signs of the cliff's edge. But if you ask
🗺️ Your guide to a finance mega-trend
Wednesday, March 27, 2024
Plus, “money dysmorphia” and how to choose between a 401(k) and IRA. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏