FinTech Weekly - The Bad & the Good of AI - Issue #423
Businesses don’t want to renounce AI, but are we aware of all the consequences?July 06, 2023The most interesting news covered by FinTech Weekly in this new number involves Google: the tech giant updated its privacy policy – all public data can now be used to allow data scraping for AI purposes. This, for sure, will help businesses around the world: there are already many startups powered by artificial intelligence, and AI in finance is becoming increasingly more important. Businesses don’t want to renounce AI, and this makes the work of regulators harder. But if artificial intelligence represents a huge advantage for businesses, there might be consequences we’re not completely aware of – like the negative impact this could have on jobs. Fintech and AI constantly make headlines, as well as cryptos and blockchain technology: this mix of advanced tech is leading us to revolutionize our lives and businesses, but maybe we’re now too enthusiastic about all this innovation to focus on possible negative effects. This and much more in this number of FinTech Weekly – follow us on Twitter @fintech_weekly to stay ahead of competition! |
![]() CDAO Fall OctoberJoin your data & analytics peers from leading brands across North America as you discover the latest trends and challenges facing your role. |
PSD3 unveils plans to shake up Open Banking | Fintech Insider News podcast | 755A new episode to discuss recent fintech news. Among the most important events, the European Union plans for open banking. |
Hong Kong urged to issue stablecoin to compete with Tether and USDCA new proposal aims at making Hong Kong more competitive: Hong Kong should issue a stablecoin to compete with US-pegged coins like USDT and USDC. The stablecoin would improve payment systems and strengthen fintech businesses. |
UK Crypto, Stablecoin Rules Receive Royal Assent, Passing Into LawNew developments in the UK crypto space. The Financial Services and Markets Act 2023 establishes that crypto is a regulated financial activity. |
SoLo Funds, peer-to-peer loan platform for underserved banking consumers, is expanding to NigeriaFintech in Africa. SoLo Funds, the US community-led lending platform, is expanding to Nigeria to serve unbanked people. |
Businesses Aim to Harness Generative AI to Shake Up Accounting, FinanceThe good side of artificial intelligence. One of the most fascinating characteristics of AI is that it can help with repetitive tasks, and it seems that one of the most popular use cases will involve accounting. |
AI threat to Scottish finance jobs 'yet to fully materialise'The bad side of artificial intelligence. A financial service recruitment firm warns that the job market will be significantly impacted, but firms must embrace AI to stay competitive. |
10 Ways to Pivot Your Business Using Fintech TechnologyFintech and business – Eva Sgroi for IT News Africa. A list of the 10 ways you can use financial technology to improve your business. |
Jobs
![]() Sr. Director, Product ManagementWe’re looking for a Sr. Director, Product Management to join the Machine Learning Experience (MLX) team! |
|
Older messages
What’s the Best Country for Tech Biz & Talent? - Issue #422
Thursday, June 29, 2023
An European city like Vilnius might be a great choice for tech talents and businesses. June 29, 2023 In this FinTech Weekly newsletter we cover a lot of news related to financial technology, AI,
Secret War Strategy - Issue #421
Thursday, June 22, 2023
There might be a secret strategy that might affect entrepreneurs and investors. June 22, 2023 There might be a secret strategy behind Gensler's decisions, but who are the losers? Investors – also
SEC Shake-Up: GOP vs. Gensler - Issue #420
Tuesday, June 20, 2023
GOP lawyers vs. Gary Gensler for a “long series of abuses”. Will fintech (and crypto) recover? June 15, 2023 A week full of news in the fintech space. Republicans accused Gary Gensler of a series of
GG: The National Disgrace - Issue #419
Monday, June 12, 2023
Gary Gensler has no respect for US entrepreneurs and investors. June 08, 2023 This is the opening statement of an article published by Blockworks. What the SEC chairman thinks about cryptos doesn't
New Global Orders - Issue #418
Thursday, June 1, 2023
We're witnessing many revolutions. June 01, 2023 It seems that we're currently living another revolution – or many. From a financial, economic and geopolitical perspective, it looks like we
You Might Also Like
🇨🇳 The US is out, China is in
Tuesday, March 11, 2025
Citigroup's forecast for US and Chinese stocks, Lego stacked bricks, and Boeing's investigation | Finimize Hi Reader, here's what you need to know for March 12th in 3:10 minutes. Citigroup
The Under-the-Radar Threat to Your Retirement
Tuesday, March 11, 2025
Nearly half of older adults are burdened by bad debt ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
15 Years Since We Bought Our Toxic Asset
Tuesday, March 11, 2025
In a new Planet Money plus episode, former Planet Money hosts David Kestenbaum and Chana Joffe-Walt look back at a pioneering series that sought to explain a major source of the 2008 financial crisis.
👋 Investors ditched the S&P 500
Monday, March 10, 2025
The US president didn't rule out a recession, but TSMC eased some of investors' other worries | Finimize Hi Reader, here's what you need to know for March 11th in 3:07 minutes. TSMC's
💳 Find a new credit card
Monday, March 10, 2025
Let's get those rewards ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Text and Telos
Monday, March 10, 2025
Plus! Diff Jobs; Scaling; Retail Investors; Comparative Advantage; Transaction Costs and Corporate Structure; DeepSeek Governance Text and Telos By Byrne Hobart • 10 Mar 2025 View in browser View in
Longreads + Open Thread
Saturday, March 8, 2025
Personal Essays, Lies, Popes, GPT-4.5, Banks, Buy-and-Hold, Advanced Portfolio Management, Trade, Karp Longreads + Open Thread By Byrne Hobart • 8 Mar 2025 View in browser View in browser Longreads
💸 A $24 billion grocery haul
Friday, March 7, 2025
Walgreens landed in a shopping basket, crypto investors felt pranked by the president, and a burger made of skin | Finimize Hi Reader, here's what you need to know for March 8th in 3:11 minutes.
The financial toll of a divorce can be devastating
Friday, March 7, 2025
Here are some options to get back on track ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Too Big To Fail?
Friday, March 7, 2025
Revisiting Millennium and Multi-Manager Hedge Funds ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏