Jacqueline Reses’ Post

Hey there! 👋 Our Daily Digest preview for today highlights articles from our contributors. We feature how SaaS is revolutionizing the finance sector, catalyzing software’s success for sustainability, and AI in banking. First up, Rajat Deshpande, Co-Founder & CEO of FinBox, shares his insights on how SaaS is revolutionizing finance. 👨💻 The finance sector witnesses a SaaS revolution, evolving from streamlining to integrating AI. Initially adopted for non-core tasks, SaaS now permeates essential functions, offering scalability, accessibility, and insightful analytics. AI advancements, particularly in generative AI, promise further automation, cost-effectiveness, and compliance enhancement, reshaping the financial services landscape profoundly. Next, we have Darryl Dickens, Founder of Out-Position, on catalyzing software’s success to drive a sustainable future. 🌱 Greentech's potential parallels the widespread adoption of software, emphasizing its intrinsic role in business and sustainability. It underscores valuation, measurement, and integration as key aspects for both domains, urging the application of software revolution lessons to propel Greentech forward and create impactful, sustainable solutions. Lastly, Samier 萨米尔 C., Director at Synechron, shares his thoughts on AI in banking. 🤖 AI, particularly ChatGPT, is reshaping banking, offering efficiency and personalized services. However, concerns about job losses and biases persist. Integrating AI with human expertise is crucial. Despite benefits like streamlined processes and cost reduction, ethical considerations are paramount. Successful adaptation entails balancing AI with human skills for enhanced customer value and operational efficiency. Read the full articles from the links shared in the comments section below. 📧 Want more cool tech and startup content? Jump on the Daily Digest train and receive the latest stuff straight to your inbox. It's free, and it's as easy as pie. Subscribe here: https://lnkd.in/diZgjwbE

Failing to recognize #biases is a weakness. The ability to think critically is particularly crucial in today's rush for AI. Technology cannot clarify itself or overcome its issue of discrimination. Instead, we must establish #auditability and appropriate governance. #strategy #hyperscale #scaleups #bizgrowth #foundersadvice #bizmodel #innovation #fintech #insurtech #tokenization #productmanagement #web3  #TMinsights

🚀 Dive into the future of finance with us! 💼 Plug and Play Tech Center's report unveils The top 5 Fintech Trends for 2024 range from #SustainableFinance to #WealthTech empowering financial prosperity - Get ready to explore the opportunities and challenges ahead as startups and incumbents navigate these transformative trends.  👉 We’re riding the wave of change in the dynamic world of financial technology  💡KEY TAKEAWAY…..Startups and incumbents alike must skilfully adapt to disruptions spanning multiple mega-trends! Let's go! 🌊💰 #FintechTrends #FutureOfFinance #Innovation #StayAhead #HaveYouMetMolly

THE BEST AI INNOVATION TOUR 🌎✈️ 🏙️ Explore the Ai Epicenter: Our journeys include visits to prominent fintech firms, groundbreaking startups, accelerators, and financial innovation centers. Dive into the heart of innovation. 🌐 In 2023, our esteemed clients The Banking Academy embraced the thrill of China and the brilliance of Silicon Valley. Can you guess where we're headed next year? #ai #aitour #newadventures #marketing #eventtour #event #thebankingacademy #digitalfinance #nextbigthing #financialservices #machinelearning #banking #digitalfinance #financemarketing #learningtour #fintech #fintechrevolution #learnwithus #financeinsights

I recently attended a Fintech confrence (focusing on GenAI) and got a change to meet some of the brightest minds in the field. What I found really intriguing is these 2 fintech startups, the 1st one offering services that can ingest inputs in bullet points and produces draft papers/ppts/ proposals where as the 2nd one is working on solution that can read ppt/papers/emails and convert them to bullet points / executive summary. I am imagining a theoretical (or even practical) scenario where a Supplier uses thr 1st solution to float a proposal to its proposed customer lets say put format and the Customer then uses the 2nd solution to generate summary. why would we need the 2 conter-solutions in between?

A question we often get asked is "what would a recession mean for tech policy?". While recession risk might be a little lower today than a year ago, recessions are a question of when, not if. So PRISM's latest #techpolicy newsletter took a deeper look at this question. Our view? The problem for tech is if a recession occurs, regulators will likely be more aggressive, not less. On top of that, competition scrutiny of Big Tech means no bailouts for startups if the economic environment further deteriorates. Get the deep-dive in this week’s edition. #techpolicy #recession #competition https://lnkd.in/e9eDAQz2

One of the best things about being a part of STATION F is being surrounded by inspiring entrepreneurs. This week I attended a panel with Stripe Co-founder John Collison and Mistral AI’s Co-founder Arthur Mensch. It is incredibly inspiring to hear how their focus on innovation and the future of technology is driving success. Of course, there’s always an extra sense of pride to see a successful Irish ☘️founder on the world stage. At SAVVY we’re excited to see how their AI advances will drive innovation in the fintech sector ⚡️ #AI #Fintech

AI is driving the future of Fintech!

How AI Can Both Accelerate and Slow Down the Disinformation Economy “The threat of AI-generated disinformation, or just plain spam, is on everyone’s minds. We know language models can dish it out, but can they also hold it back? This panel will explore the risks and potential solutions as an election year looms”. #disruption #aiautomation #investments I hear San Francisco is a dangerous city these days ?! https://lnkd.in/enZVaYJq

📖 Weekend Reading 📖 1️⃣ Mario Gabriele has a long (partner) profile on Jack Zhang, the founder of Airwallex. By all accounts, the man is a beast, and the business he and the team have built is really impressive. If you’re a founder building in fintech, you’ll find this inspiring—and maybe daunting. h/t to Victor de Assis for sharing. https://lnkd.in/dukk8Njh 2️⃣ More fintech: Alex Johnson of Fintech Takes has a fantastic piece on the state (and history) of Banking as a Service (BaaS). The upshot: demand for BaaS remains very high, large banks have also built their own offerings—contributing to supply, but for many of the existing players it comes comes down to striking a very delicate balance between managing regulatory risk and building a great tech platform. https://lnkd.in/dBa3Pjqt 3️⃣ Matteo Wong of The Atlantic interviews Neal Stephenson about the current cohort of generative AI. Stephenson was particularly prescient in his book The Diamond Age, predicting the personalized and adaptive “Primer” that sounds a lot like a future version of ChatGPT. It’s interesting to hear his reflections on how LLMs today contrast with his original vision. “A chatbot is not an oracle…It’s a statistics engine that creates sentences that sound accurate.” https://lnkd.in/dQqAasFB #fintech #payments #crossborderpayments #baas #banking #ai #chatgpt #llm #openai #airwallex #stripe #crypto