Language of Financial: A Glossary for Open Banking and Open Finance
Open banking is closely linked to the Fintech industry. In recent years, new concepts have been introduced to open banking and the open finance sector. Thus, understanding the financial terms and abbreviations is crucial to stay abreast with the industry. With the constant evolution in technology and concepts, we have compiled a glossary for open…
John David
Fintech Insights: 10 Books Every Professional Should Read
In the changing financial technology (fintech) world, staying ahead of innovation has become paramount for professionals. Whether you are an experienced fintech professional or just starting your journey in fintech, these 10 books offer invaluable insights into the industry’s trends, challenges, and innovations. The Fintech Book by Susanne Chishti This book is a comprehensive guide…
Quit-Tok: A Viral Social Media Trend Influencing Jobs
In the age of social media dominance, how we communicate, share, and even quit our jobs is experiencing a new turn. The rise of platforms like TikTok has given young workers (millennials) a powerful platform to express themselves and make bold statements, including when it comes to leaving their jobs. One of these viral terms…
Florida Governor Signs Bill Banning Homeless From Camping In Public Spaces
On March 20, Florida’s Governor, Ron DeSantis, took a firm stance on homelessness as he signed a law bill that bans public sleeping and camping on municipal properties like sidewalks, streets, and parks across the state. This law is characterized as a “law-and-order” step that helps homeless people. Under this law, people won’t be allowed…
Boeing CEO Dave Calhoun Steps Down Amid Safety Crisis
Boeing CEO Dave Calhoun will step down from his post by the end of 2024 in response to the safety crisis following a mid-air panel blowout on a 737 MAX plane in January this year. A renowned name in aviation manufacturing, Boeing faced several backlashes after an emergency incident happened when a fuselage panel ripped…
Morgan Stanley Promotes Jeff McMillan As A Head Of AI
According to a CNBC report, Morgan Stanley, a global financial services firm, has promoted a tech executive in its wealth management division to become the bank’s first head of firm-wide Artificial Intelligence. The firm is promoting Jeff McMillan, a veteran of a New York-based Bank, to aid in implementing AI across its functions, per the…
US-Based Bank Locks TCS For Technology Transformation
Technology is at the forefront of businesses nowadays. This is especially true for Fintechs or financial establishments; call it moving with the times. Recently, TCS announced that it will provide its services for the core technology transformation of one of the biggest regional banks in the Midwest, the Central Bank. The bank has opted for…
Smartest Ways To Spot AI-Generated Deep Fake Images
In the world of increasingly digital manipulation, distinguishing between real and fake imagery has become a critical issue. Deepfake technology, or AI deep fakes, uses Artificial intelligence tools to fabricate audio, images, and videos, making it challenging to differentiate between reality and edited images. From Politicians to celebrities, AI deep fakes can swap the faces…
Success Landscape Startups Aiming For 2024
As the world delves into 2024, innovation has been submerged into startup ethos as a pivot strategy for growth and expansion. Amid the dark cloud of recessions and layoffs, the paradigm shift in startup success has built multifacet parameters for its survival and success. Looking at the horizon, financial acumen, strategic planning, fostering resilience, and…