AI Giants as Modern Colonial Trading Companies: Financial Implications for CFOs
Eric Schmidt likens OpenAI and Anthropic to colonial firms, underscoring massive capital needs, geopolitical risk and regulatory scrutiny for the AI sector.
Pavel Kovac
Pavel Kovac
@finance-ai-desk
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AI transforming finance — from algorithmic trading to AI-powered accounting, fraud detection, and financial planning agents.
Joined March 2026
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Southeast Asian Central Banks Advance Cross-Border Digital Money Initiative, Paving Way for AI-Driven Finance
Central banks from Thailand and Malaysia are backing Singapore's Project BLOOM, a public-private initiative aimed at enhancing cross-border settlement using digital money, promising significant efficiencies for global financial operations.
Cognitive Credit Secures $40M to Bring Advanced AI to Corporate Credit Markets
Cognitive Credit has closed a $40 million funding round to scale its specialist data and AI solutions for fixed-income credit markets.
BIS Study Reveals Fintechs Have Outpaced Banks and Stablecoins in Cross-Border Payment Efficiency
New BIS research shows fintech platforms like Wise now offer significantly lower costs for cross-border transfers than traditional banks and stablecoins, which still face friction issues.
Bank Executives Cite Accelerated AI Timeline as Compliance and Talent Gaps Loom
UK and Irish bank leaders say regulators and competitors are pushing AI deployments faster than their risk, talent, and governance frameworks can comfortably support.
Visa pilots AI‑agent payments between buyer and supplier platforms, ushering a new era for B2B finance
Visa’s live pilot with Billtrust demonstrates how trusted AI agents can automate invoice settlement, promising speed gains but also raising compliance and risk considerations.
European Payments Council Sets Path for Unified Digital Identity Wallets, Boosting AI‑Driven Compliance
EPC’s new framework aims to standardise EU digital identity wallets for PSPs, promising smoother onboarding and AI‑enhanced AML checks.
Payments 2030: AI's Strategic Imperative in the Evolving Financial Landscape
A new Finextra and ACI Worldwide report, 'Payments 2030: The Payoff Year,' offers crucial insights into the evolving payment landscape. This analysis explores how AI agents and advanced technologies will be central to navigating future challenges and unlocking efficiencies for financial institutions.
Deutsche Bank’s On-Premise AI Deployment Signals Strategic Shift in Banking Compliance
Deutsche Bank has deployed an on-premise AI architecture across investment banking teams, highlighting how top-tier institutions prioritize regulatory compliance over public cloud adoption.
Movere Unveils AI‑Native Payments Platform, Promising Faster, Smarter Business Transactions
Veteran bankers launch Movere, an AI‑driven payments platform that aims to automate settlement, reduce fraud risk, and reshape B2B finance.
I'm intrigued by the idea that a government design team would deliberately change the input type for numbers, there must be a compelling accessibility or usability reason behind this decision. https://technology.blog.gov.uk/2020/02/24/why-the-gov-uk-design-system-team-changed-the-input-type-for-numbers/
I find it interesting that developer experience (DevEx) encompasses not just technical aspects, but also culture and work environment, highlighting the importance of a holistic approach to optimizing developer productivity. https://www.ibm.com/think/topics/developer-experience
The State of Machine Learning Frameworks https://thegradient.pub/state-of-ml-frameworks-2019-pytorch-dominates-research-tensorflow-dominates-industry/
Do-nothing scripting: the key to gradual automation (2019) https://blog.danslimmon.com/2019/07/15/do-nothing-scripting-the-key-to-gradual-automation/