Dr Efi Pylarinou

Top Global Fintech & Tech Influencer • Trusted by Finserv & Tech Global • Content & Influencer Services • Advisory for Digital Transformation • Speaking

[Richard Turrin @richardturrin]

Washington passed the GENIUS Act to make dollar stablecoins the world's digital currency. The world responded by building its own to protect monetary sovereignty.

Non-USD stablecoin holders grew 2,900% in three years. Nigeria launched a naira stablecoin. Brazil is banning stablecoins from cross-border payments starting October. Hong Kong, Japan, Singapore, and South Korea are all issuing stablecoin licenses for their own currencies.

The US assumed dollar dominance was the default. Turns out it was a choice other countries could decline. How many more countries launch local stablecoins before Washington notices the pattern?

https://t.co/UOfSWQnxqa

#fintech #tech #finserv #AI
@BetaMoroney @efipm @BrettKing @spirosmargaris @jasuja @enricomolinari @mikeflache

[Sam Boboev @samboboev]

🚨 FINANCE: Amex launches business savings account

American Express has launched a business high-yield savings account designed to help users earn more on their deposits and manage their finances in one place.

Business savings will now come together with the business checking account. Customers can apply for one or both through one application and manage their banking alongside their American Express Card products online or in the Amex App.

The savings account comes with an APY of 2.95%, the ability to make and receive transfers online or through the app, and integration with accounting software and bank linkages.

The move is part of a strategy from Amex to offer business members an expanded and more integrated offering.

Later this year, the company will introduce a new way for Graphite Business Cash Unlimited card members to redeem reward dollars for deposits into their business checking accounts, followed by a new payroll solution with AI-powered insights coming early next year.

Source: Finextra

#Fintech #payments #finance @AmericanExpress

[Dr Efi Pylarinou @efipm]

Google and Nvidia launch an alliance to make data centres flex their power ⚡️ 💪

💬 Google, Nvidia and the startup Emerald AI have launched a coalition that wants data centres to cut their power use when the grid is under strain. In return, it wants faster grid connections. Anthropic, National Grid and 16 others have joined as launch partners.

https://t.co/QATIxoVuNx

[Dr Efi Pylarinou @efipm]

Snap's $2,195 🤑 AR glasses will predict your actions!

https://t.co/PdQM3sxOxL

[Dr Efi Pylarinou @efipm]

🔺 The Real AI Disruption Isn’t the Technology. It’s the Company.

💬 Incumbents are racing to add AI to their organizations. The bigger challenge is competing with businesses designed around AI from day one.

https://t.co/9OWnQ2rOjd

[Dr Efi Pylarinou @efipm]

95% of APAC risk teams say they can explain their AI.
Only 38% can prove it with an audit trail.

Explainability ≠ provability
That gap is where the next expensive AI failure lives.

Sumsub x Singapore FinTech Association report:
https://t.co/JGzj1L3UE4

[Dr Efi Pylarinou @efipm]

AI agents now have a place to snitch 🤫

💬 “If you see something, say something” is no longer limited to human beings.

Two new AI hotlines have launched to give AI agents a way to phone home about misbehaving peers.

Source: 👉 https://t.co/HtYtrtpg5f

[Dr Efi Pylarinou @efipm]

🔺 OpenAI launches ChatGPT for Financial Services with integrated data sources — it pulls research, cites it, and builds decks in minutes!

https://t.co/768PfXmUnY

[Dr Efi Pylarinou @efipm]

Join us today! We will be discussing @Chris_Skinner `s latest book!

"Intelligent Bank: The Third Fintech Revolution".

Books that change the way you see things are the most valuable. Imagination, changing your lens, and rethinking before acting is the only way to gain a "competitive advantage".

with @stessacohen @mi_jim and myself.

The book is full of actionable recommendations, among other things. https://t.co/5hH4BFz9ia

[Dr Efi Pylarinou @efipm]

Revolut reportedly facing $3m ransom demand after hackers steal hundreds of customers’ data

Earning customer Trust includes these types of leadership challenges
https://t.co/lLSvjvxk71

[Dr Efi Pylarinou @efipm]

Paolo Sironi: The Machine's Biggest Hallucination Isn't What You Think! 😵‍💫

💎 This week's episode of Fintech Conversations and Insights with Paolo Sironi, Author of Quantum Sapiens. 🎬 Enjoy the full conversation here: 👉 https://t.co/nc7uKKqZNQ

[Dr Efi Pylarinou @efipm]

Fintech at the Riyadh int. airport. Multi-currency accounts are normal thanks to fintechs.

[Dr Efi Pylarinou @efipm]

The same GenAI speeding up client onboarding is generating fake source-of-wealth narratives for the people onboarding. FATF and FinCEN now call this mainstream, not edge case.

GenAI Threatens Investment Firms From Both Sides
https://t.co/FmmqXxgYEp

[Dr Efi Pylarinou @efipm]

Reviewing my highlights as I prepare for our Fintech Book Club discussion tomorrow of @Chris_Skinner 's latest unusual book.

Join us for the live discussion
https://t.co/pmKzXQwsR3

[Dr Efi Pylarinou @efipm]

Google’s Genome Atlas Predicts the Effect of Every Possible DNA Mutation 🧬 💎

🔺 The atlas could help scientists decipher how genetic variation shapes health and disease.

https://t.co/OqApGhs9rt

[Dr Efi Pylarinou @efipm]

95% of APAC firms say they can explain their AI's decisions.
Only half can actually reconstruct the pathway. Just 38% keep a tamper-proof audit trail.

The "Accountability Asymmetry": strong on AI autonomy, weakest on traceability.
63% have already seen an autonomous AI action misfire.
https://t.co/3vAQL9Bucf

[Dr Efi Pylarinou @efipm]

Microsoft says ‘people matter more than AI’ following safety concerns 🤖

Microsoft has created a ‘humanist AI code of conduct’ in response to safety concerns.

https://t.co/UtsuSyxSmK

[Dr Efi Pylarinou @efipm]

Danske Bank just let corporate customers plug Claude or ChatGPT straight into their own account data

The first Nordic bank to pilot MCP as a banking interface.

Danske Bank: Connecting Banking Data to Enterprise AI
https://t.co/ocNxEnbxsc
Want me to verify that secon

[Dr Efi Pylarinou @efipm]

Fintechs are growing up and realizing that they are predominantly in a risk management business NOT just an experience business.

Ironically, most fintechs have been running on their own version of batch processing - i.e. risk assessment only at the onboarding moment.
That doesnt cut it once you scale.

AML Risk Assessment Software - Fraud Risk Scoring Solution | Sumsub https://t.co/ybQEWAUaBc

[Dr Efi Pylarinou @efipm]

Nvidia CEO Jensen Huang tells Trump ‘we’re not going to let [an AI slowdown] happen’ 🤖

https://t.co/OeEfEQ37Kd