This is a roundup of industry news and links for the week of August 20th that have informed, entertained, and inspired us.
Here’s our weekly roundup of industry news:
Ford Readying a Fleet of Self-Driving Cars for 2021 – Key features of Ford’s plans for a fleet of shared autonomous vehicles potentially telegraph how the first wave of at-scale adoption will take place.
The Disruptive Influence of AI and Crypto – Earlier this month, the US Securities and Exchange Commission‘s decision regarding the SolidX Bitcoin ETF was set back to the 30th of September 2018, and could be postponed to the end of February. The SEC is reviewing “a proposed rule change to list and trade shares of SolidX Bitcoin Shares issued by the VanEck SolidX Bitcoin Trust”, which was made by the Cboe BZX Exchange. The decision is eagerly awaited since last month the SEC ruled that the Winklevoss twins could not list and trade shares of a similar fund.
Celebrating Female Fintech Leaders – Having lived and worked in a diverse range of markets, including Tel Aviv, London, Singapore, Poland and the Netherlands, Sara is no stranger to innovation. A seasoned entrepreneur, she has experience with Lean methodology, generating early traction and developing winning business models. She was recently listed in Forbes as one of the top 100 female founders in Europe and regularly gives talks and presentations on the role of women within tech and fintech, and the long road we still have to take.
Banks Are Just Beginning to Understand the Power (and Limitations) of Artificial Intelligence – Citi Ventures’s recent investment in Anaconda, an Austin, Texas-based AI and machine learning (ML) software company, shows the industry’s commitment to staying at the forefront of this growing and developing field. AI has certainly generated a lot of chatter and buzz in the financial world, but banks are still challenged to implement it properly.
Consumers Have High Expectations of Their Digital Banking Apps – Consumers want banks to do more than just hold their money. They want their banks to help them meet their financial goals.