Tech
Remember when cryptocurrency was supposed to make the world a better place? In the pre-FTX era, before Sam Bankman-Fried fell from power, I spent a lot of time researching, reporting, and explaining blockchain technology’s enigmatic nature and potential for financial inclusivity. Cryptocurrency allured people with the idea that it could…
With inflation easing and talk of a “Goldilocks scenario” abundant, banks might be tempted to think that the economic tides have turned. At the risk of outing myself as a banking Cassandra, I must point out that there are very good reasons why risk could be poised for a comeback…
In the fast-paced world of fintech, staying ahead of the curve is a necessity. The plethora of global fintech conferences that have popped up over the past decade is a jungle for the experienced tech pioneer to hack through. Little wonder many of the industry’s movers and shakers make a…
Terry Clune has started eight fintech companies in three decades to help such clients as Barclays, Wells Fargo and Harvard handle taxes, payroll and marketing in other countries. Having sold just one, he’s already well on his way to becoming a billionaire. By Devin Sean Martin In the misty rolling…
Well, this is ironic, given my last column about the need for “know your employee” processes. Marianna Spring, the BBC’s first disinformation correspondent, has been called out for embellishing the truth on her resume while applying for a job few years ago! Is that really disinformation though? I mean, come…
The increased use of AI has sparked debates on its potential benefits versus possible harm across all industries. Concerns encompass machine learning expansion risk, discrimination, misinformation, and societal risk. When considering AI’s part to play in inclusion, there have been numerous instances of sexist robots and racist chatbots getting it…
This week the most important law you’ve never heard of came into force in the U.K. The Electronic Trade Documents Act powers commenced on the 20th of September 2023. The U.K. is the first G7 nation to pass such legislation. The law transforms a paper bill of lading into a…
Anyone who pays attention to the world of investing knows of the disparity between different demographics of founders when it comes to raising. For example, women-founded startups got just 1.9% of all VC funding in 2022, TechCrunch reported, a figure that was down from the previous year. Founders of colour…
From smoothly written scam texts to bad actors cloning voices and superimposing faces on videos, generative AI is arming fraudsters with powerful new weapons. By Jeff Kauflin, Forbes Staff and Emily Mason, Forbes Staff “I wanted to inform you that Chase owes you a refund of $2,000. To expedite the…
After five years in development, the U.S. Federal Reserve launched FedNow in July, the first government real-time payment system in the U.S. The service allows banks and credit unions to transfer money for their customers instantly. Working alongside existing systems like Fedwire and FedACH, FedNow aims to improve the U.S.’s…