Empowering Asia’s citizens: The generative AI opportunity for government

June 28, 2023
In a recent speech, Microsoft CEO Satya Nadella evoked the lofty power of artificial intelligence (AI) to accelerate progress, prosperity, and standards of living. “This technology reaches everyone in the world,” he said. Generative AI takes an idea born in tech communities such as Silicon Valley and Tel Aviv—the ability of algorithmic engines to synthesize…

Are These 3 Energy Stocks Worth Buying This Week?

June 28, 2023
The energy sector is well-positioned to witness significant growth this year due to the robust demand and soaring prices. Given this backdrop, fundamentally strong energy stocks TotalEnergies SE (TTE), North…

Nubank’s CEO explains what the US could learn from LatAm fintech

June 28, 2023

Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. All the cool kids are filling out the Equity listener survey. We want to hear from you! This is our Wednesday show, where we niche down to a single person, think about their work […]

Nubank’s CEO explains what the US could learn from LatAm fintech by Theresa Loconsolo originally published on TechCrunch

AI gains momentum in core financial services functions

June 28, 2023
With 2.5 billion payment cards used in more than 200 countries and territories across the globe, Mastercard faces a gigantic fraud risk. Credit card fraud accounted for more than $32 billion in losses—or about 6.6 cents per $100 in transactions—in 2021, with more than one-third occurring the U.S., according to a December 2022 Nilson Report…