Machine learning has had fruitful applications in finance well before the advent of mobile banking apps, proficient chat bots, or search engines. Given high volume, accurate historical records, and quantitative nature of the finance world, few industries are better suited for artificial intelligence. There are more uses cases of machine learning in finance than ever before, a trend perpetuated by more accessible computing power and more accessible machine learning tools (such as Google’s Tensorflow).
kantox entrevista a erik brieva
En una escena Fintech cada vez más saturada, encontrar puntos de vista originales empieza a ser una misión casi imposible. Afortunadamente, hemos tenido la oportunidad de entrevistar a Erik Brieva, CEO de Strands, y voz de una de las empresas con más proyección de este ecosistema.
Especialmente interesante es su visión sobre las partnerships entre Fintech y bancos o su perspectiva sobre cómo estos últimos se encuentran en un “sandwich”, amenazados tanto por estos nuevos actores, como por gigantes tecnológicos como Google, Amazon y compañía.
kantox interviews erik brieva
It is becoming an increasingly difficult task – verging on mission impossible – to find original viewpoints inside a Fintech landscape that is getting more and more crowded. Fortunately, Kantox had the opportunity to interview Strands CEO Erik Brieva, a leading voice at one of the firms with the most potential in this ecosystem.
Of particular interest are his vision on the future of Fintech-bank partnerships and his opinions on how banks find themselves stuck in a "sandwich", threatened by both these new actors, on the one hand, and tech giants such as Google and Amazon on the other.
While there’s been a lot of coverage recently on Fintech disruption and innovation in the banking space, Personal Finance Management (PFM) isn’t gathering enough attention even though it represents a phenomenal opportunity for banks to proactively help customers manage their finances.
So what gives? wipro digital's Strategy Director Alla Bida explains and paints a compelling picture of what a game-changing, supercharged PFM looks like...
WHY BANKS ARE JUMPING ON THE BLOCKCHAIN REACTION
What a mess our global financial system is: $230 trillion of global debt. Imploding currencies all over the world, whether it’s the Brazilian Real, Russian Rouble, Venezuelan Bolivar etc. Money printing and devaluing of currencies by central banks on a scale unimaginable ten years ago... the list goes on.
While a tiny minority has become obscenely wealthy, billions of people are struggling to survive, all due to a system that was poorly designed and has not evolved to meet modern needs. What’s more, most of those people don’t even have access to some of the financial services that we often take for granted, such as online banking, credit, and ATMs.
So what would a financial system look like that truly functions for the underbanked or unbanked in any country?