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The new CIO mandate: Selling AI to employees

CIO

Still, a report surfaced earlier this month that global banks and investment firms are examining the possibility of replacing entry-level financial analyst positions with AI. Our responsibility as CIOs is certainly to fund and empower work to develop and implement AI tools safely in our workplace.”

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Farther, a wealth tech firm, banks $15M Series A as valuation hits $50M

TechCrunch

Building wealth is a long process and can be complex, but Farther is bringing both technology and advisors to the table to make these kinds of services more accessible. Meanwhile, Genser, CTO, is a military veteran who previously worked at Goldman Sachs leading an artificial intelligence team in private wealth.

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Alloy, Synctera and Unit discuss the future of embedded finance at TC Disrupt

TechCrunch

Banking-as-a-service (BaaS), embedded finance and open banking are among the hottest topics in fintech today. Make opening a bank account, storing money, receiving a payment card and lending money as easy as opening a social network account. The promise? A proud Barnard College alumna, she lives in Berkeley, California.

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Acrew Capital, Jeff Bezos back Colombia-based proptech La Haus’ $100M debt, equity round

TechCrunch

La Haus , which has developed an online real estate marketplace operating in Mexico and Colombia, has secured $100 million in additional funding, including $50 million in equity and $50 million in debt financing. It has done that by embedding its software to developers’ new projects so that it can bring that digital experience to its users.

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Fintech Roundup: How going Fast and furious can ruin your startup

TechCrunch

One day later, on December 7, it was revealed that CTO Diane Yu was transitioning from her role as Chief Technology Officer – a position she had just assumed in January 2021 – into an advisory position. More on this topic later). While Vareto is mainly targeting larger, enterprise businesses, Clockwork.ai

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Cognitio Corp enters into a strategic alliance with Indian River Advisors, LLC

CTOvision

Cognitio Corp and Indian River Advisors LLC have just announced a strategic alliance. enters into a strategic alliance with Indian River Advisors, LLC. We are pleased to announce that Cognitio has entered into a strategic alliance with Indian River Advisors. The text below is from the joint announcement: Cognitio Corp.

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So much fintech M&A

TechCrunch

Vouch hopes to leverage Level’s expertise in developing underwriting technologies to underwrite and support complex insurance products. He told me: “The question I have is who will capitalize on this bear market to scoop up valuable technology or talent. In particular, I’m interested in whether banks can be opportunistic.

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