Javed Memon

HRTech | Fintech | Open Banking | Artificial Intelligence |

Product at | Co-founder @fintify

[pj @BeingPractical]

The unsaid rule of doing business is - keeping up with your words, keeping up with your commitments and promises.

Startups that are building long term businesses understand this. Professionals building long-term reputation understand this.

If your word is not a word - sooner or later you will be out of business, no matter how large the enterprise or how senior the professional you are!

[Arthur Spirling @arthur_spirling]

“AI skeptic” v “AI cynic” is going to be an important distinction in the next few years, IMO. I am not a skeptic about AI abilities but I am cynical about the incentives CEOs have to say wildly bombastic things about them.

[J.R.R. Tolkien @JRRTolkien]

“I wish it need not have happened in my time,” said Frodo.

“So do I,” said Gandalf, “and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us.”

— J.R.R. Tolkien

[Socratic Experience @socraticexp]

If your child becomes a reader, about 80% of the educational job is already done. That's our honest assessment, based on many of us working in education for over three decades. Everything else is secondary. Most parents think science education is important. Yes, it is. But if you can't read the biology textbook, you're not going to learn biology.

Reading is the meta-skill that enables all other skills. History requires reading. Science requires reading. Even math increasingly requires reading as it becomes more sophisticated. The child who reads voraciously will figure out everything else. The child who doesn't will struggle with everything.

[ICC @ICC]

India beat South Africa in a tense finale to become the #𝐂𝐖𝐂𝟐𝟓 𝐖𝐢𝐧��𝐞𝐫𝐬 🏆🇮🇳

#INDvSA 📝: https://t.co/6Vok7HLZsk

[Naval @naval]

If you’re selling, your job isn’t to sell, it’s to build trust.

[a16z @a16z]

Four essential activities for the product-oriented CEO:

[Javed Memon @_javedmemon]

@businessbarista AI

[Naval @naval]

You know you have the right team when you’d start another company with them immediately, even if this one fails.

[Royal Challengers Bengaluru @RCBTweets]

WE ARE THE CHAMPIONS.

[Javed Memon @_javedmemon]

One8 years of wait is finally over.

#RoyalChallengersBengaluru
#EeSalaCupNamde
#ViratKohli

[ALLPS AI | AI Agents for Talent @allpsai]

Try TARA today on https://t.co/6Oau6PYcqc, Passcode: GITEX2025 and share your experiences.🚀
#GITEXEurope #AITalent #Recruitment #TARA #HiringTech #Berlin #FutureOfWork.

[Javed Memon @_javedmemon]

Just when AI Interview agents were thought to be the next big thing in hiring, definitely a problem waiting for a creative solution.

[Hiten Shah @hnshah]

The real problem isn't that engineers are using AI to cheat interviews. It's that companies are using outdated interview processes to hire for a world that no longer exists. Most engineering work can be AI-augmented, but our hiring isn't. https://t.co/wPiK6lNg5y

[signüll @signulll]

slowly but surely, technology reveals everything for what it truly is:

- netflix proves that most people just want endless trash content disguised as storytelling.

- ai lays bare that tons of “knowledge work” is just glorified copy-pasting & formatting.

- workplace culture reveals that most jobs are performative, existing mainly to justify managers’ salaries & give bored ppl something to complain about.

- dating apps expose how brutally transactional mate selection is.

what else?

[Kunal Shah @kunalb11]

Many founders give a lot of their peak years trying to make their startup get to some PMF, scale or capital and often get stuck in sunk cost mindset and can’t give up.

In this exciting world we are entering today it’s probably better to move on and build something new.

[Naval @naval]

No entrepreneur is worried about an AI taking their job.

[Ravisutanjani @Ravisutanjani]

🚨 India Should Get Rid of CIBIL and Experian

CIBIL is Owned By TransUnion (92.1% Stake)

Why Should Subsidiary of US Based MNC Have Access To Financial Data of Crores of Indians?

We Needs To Build Our Own CIBIL Like UPI

RBI and Finance Ministry Need To Take Action

[Sundar Pichai @sundarpichai]

Introducing Willow, our new state-of-the-art quantum computing chip with a breakthrough that can reduce errors exponentially as we scale up using more qubits, cracking a 30-year challenge in the field. In benchmark tests, Willow solved a standard computation in <5 mins that would take a leading supercomputer over 10^25 years, far beyond the age of the universe(!).

[Javed Memon @_javedmemon]

@shahnehal Shared logins are long gone. AA's provide the data rails for PFM apps to aggregate your data across account types. You just need any FIU app to link your accounts, You can try @foldmoney_ they have a great UX and are closest to @fintify in their approach.

[Javed Memon @_javedmemon]

Without Credit Card transaction data via AA,the whole PFM Spend Analysis use case remains incomplete.

There is so much more to Open Banking/AA than Bank statement analysis and Income verification.

Push back from FIP's was expected as data pull volumes rise.

[Neil Borate @ActusDei]

I've been tracking the RBI-launched Account Aggregator (AA) system for the past 5 yrs and I feel utterly dejected. AA was created to empower consumers but seems to only help banks with loan approvals. Second largest use case is income verification for F&O trading (yup, exactly). What's the problem? Banks, brokers, insurers are just not sharing data properly.

Here's my interview with @meakaakka of @foldmoney_ one of the pioneers in this space.

1) Banks are only now starting to share FD data (that too just some banks)
2) Some banks have policies like no sharing on weekends or during daytime
3) For stocks, purchase prices are not available
4) No loans or credit card data
5) No EPF or PPF data
6) Insurers not sharing data properly

So companies like Fold Money are instead using alternatives (reading emails and SMS, getting APIs from fintechs on EPF etc). They WANT to use AA, but the system just isn't helping them.

https://t.co/pVuAvZc4eU