AI in finance, from wealth management to instant payments and beyond, is a balance between innovation and ethical database. Whether it's revolutionizing how advisors interact with clients or making personalized credit accessible, the integration of AI is sparking innovation across the fintech and banking sectors. But with great power comes great responsibility—particularly when … [Read more...] about Automated Finance News Weekly: The AI Revolution in Finance
Technology
Automated Finance News Weekly: Legal and Regulatory Challenges
The business of payments and digital transactions is getting shaken up by some major legal battles and regulatory challenges. From Visa facing accusations of monopolizing the debit card market to Apple being challenged over its App Store practices, the Department of Justice is taking a hard look at how big players are using their power. Meanwhile, Illinois' bold move to ban … [Read more...] about Automated Finance News Weekly: Legal and Regulatory Challenges
Business and Technology Partnership Powers Financial Products
The FinTech revolution has transitioned to a product-development revolution for traditional financial institutions. What I heard at the MoneyLive North America conference, held September 16-17 in Chicago, sounded more like product- and software-development, not FinTech disruption. Conference speakers and presentations that covered both the business and technology sides of … [Read more...] about Business and Technology Partnership Powers Financial Products
Automated Finance News Weekly: New Tech News Roundup
This week, we round up reports on AI, realtime and crypto payments in the U.S, and Chicago startups making a mark in payments and quantum computing. AI Makes Software Developers More Productive while Reality Sets in for Enterprises The current AI value proposition comes down to increasing human productivity, whether to better use our skills or reduce the number of us working. … [Read more...] about Automated Finance News Weekly: New Tech News Roundup
Automated Finance News Weekly: Emerging Markets Set for 2024 FinTech Boom
Emerging markets stand on the brink of a transformative year in 2024, propelled by remarkable strides in financial technology, according to a series of recent reports on emerging markets payments and Fintech. These regions – increasingly embracing digital banking, alternative lending, and blockchain innovations – are anticipated to see a significant uptick in FinTech … [Read more...] about Automated Finance News Weekly: Emerging Markets Set for 2024 FinTech Boom
Automated Finance News Weekly: Focus on Payments Growth
This week, we dive into the Federal Reserve's 2023 Diary of Consumer Payment Choice, highlighting the continued dominance of credit cards and the stabilization of cash usage. Additionally, we cover Apple's concessions in the EU Tap-to-Pay dispute, growth in both U.S. realtime payments networks, and new guidelines from China on payment services for foreigners, and more insights … [Read more...] about Automated Finance News Weekly: Focus on Payments Growth