This week, the main discussions on the Finanser blog focus on various themes surrounding the future of finance and technology. Among the trending topics, we are looking into the issue of the unexplained closure of bank accounts, explored through the question “Is it debanking or risk reduction?”.
Another fascinating theme is the synergy between Amazon and Apple, two tech giants evolving together in their digital and artificial intelligence strategy.
The battle of digital wallets is also in full swing, with a deep reflection on Apple’s dominance in this field and the centrality of mobile wallets in customer relationships.
Speaking of rapid successes, Revolut‘s success is making headlines, with impressive expansion and innovations such as AI-driven finance and super ATMs.
On the regulatory side, a cutting report from the British parliamentary committee sharply criticizes the Financial Conduct Authority for its lack of competence and a culture deemed toxic.
Finally, the week ends with a review of jobs of the future: positions that combine advanced technology and human input, such as Reality Guardians, Advisors, and Life Coaches, with a particular focus on the impact of AI in our daily lives.
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Toggleexploration of the week from finanser
This week, a reflection is necessary on the fascinating debate surrounding debunking and derisking. Many are wondering whether a bank’s decision to block an account without notice is a legitimate security measure or just an excess of zeal. The subject has taken center stage in the UK, with many clients sharing their frustrations regarding these nebulous practices.
Meanwhile, another hot topic concerns the digital realms of Amazon and Apple. As artificial intelligence pushes the boundaries of innovation, the tech giants engage in a fierce battle for dominance in the digital wallet market. The year 2024 could very well be the stage where one of the two will emerge victorious, or perhaps both, hand in hand, redefining our financial interactions.
technological and financial revolutions
Among this year’s most notable successes, Revolut‘s journey stands out sharply. With incredible growth and futuristic projects, Revolut’s success story inspires many fintech players. Obtaining its banking license in the UK and surpassing the fifty million clients milestone in 2024 continues to surprise the sector. Expansion into AI-powered financial solutions highlights the company’s lead over many competitors.
On the other hand, the influence of AI in the financial services sector is becoming ubiquitous. From engaging chatbots to automated financial management systems, companies are redefining the user experience. This is further reinforced by the emergence of new professional roles related to these technologies, proposing fascinating intersections where humanity meets machine. Captivating resolutions are outlined as we navigate this rapidly evolving landscape.
the jobs of tomorrow
As the impacts of AI multiply, the question of jobs of the future becomes pressing. The evolution of technologies calls for new roles, such as curators or identity guards, which will play a crucial role in our digital ecosystem. These emerging positions are designed to manage and organize information in the vast virtual network that surrounds us, ensuring optimal security and accessibility in the connected universe of tomorrow.