Just presented at Demo Day!!! It was the most adrenaline I've ever felt ๐ ๐ ๐
Also pretty cool to see that https://t.co/eSUOTgrlgD is the face of the #ycombinator#W24 batch ๐
So excited to be spending the next decade+ disrupting fintech and banking compliance
Codex and Claude just became a social hangout.
Messages, see which friend is online, chat rooms, leaderboards
good oldโ ICQ / IRC chats vibes , inside Codex and Claude
join -> shellbook . co
I'm deeply grateful and honored
YC has changed my life twice: first as a founder, and now as someone who gets to back and support ambitious talent that's unproven
feel lucky to do this work, and even luckier to do it with people I admire so much
so inspiring speaking at @ycombinator last night with @zenorocha and @bgrgndzz, two founders I aspire to be like
even when things feel "made", they still obsess about product and customers
YC has changed everything for me and about me but I know that this is just the beginning
A robot snubbed me at @ycombinator alumni demo day ๐
Which other room can you find:
-18 yr old who built satellite at 13 yrs
- unicorn founder trying to go bigger
- robot shaking hands with investor
- guy selling drones to gov
Energy was electric. Magic in the airโจ
@BenHolfeld@ycombinator@sama we are heads down building out auditing tools for complex financial compliance workflows
O1 is really great with both reasoning and explainability
BREAKING: Evolve Bank & Trust has allegedly been the victim of a ransomware attack and data breach by Russian hacker group LockBit, multiple info security sites are reporting:
The group had touted a cache of Federal Reserve data but, when its demands weren't met, released what appears to be as much as 33 terabytes of data from Evolve's systems.
As reports began surfacing yesterday, Evolve sent clients of its Open Banking Division an email (screencap below) acknowledging the reports and that, in conjunction with "law enforcement and government agencies," it is investigating the situation.
A request for comment on the situation to Evolve's press contact was not immediately returned.
Evolve recently received an enforcement action from its primary regulator, the Federal Reserve Board, which, among other areas, cited the bank's IT practices and required it to develop a plan and timetable to correct information technology security deficiencies.
While Evolve is perhaps best known as the bank partner of now-bankrupt Synapse, it supports numerous other high-profile fintech partners, including: Mercury, Stripe, Affirm, Airwallex, Alloy, Bond (now part of FIS), Branch, Dave, EarnIn, TabaPay, and numerous others. It has previously worked with Wise and Rho, though both have since migrated to other bank partners.
The authenticity of and potential scope of the data breach couldn't immediately be verified by Fintech Business Weekly, but industry sources who have reviewed the data described the situation as "as bad as it gets," with clear text files that containing end user PII, including SSNs, card PANs, wires, and settlement files.
This is a developing story - more here as it happens.
@JonahCrane@mikulaja@NotThatTimD Top Trends:
11/12 focused on Board Gov.
9/12 focused on TPRM/oversight
8/12 focused on BSA/AML
8/12 included restrictions on business
The recent evolve consent order is incredibly wide reaching. It ticks all the boxes compared to previous consent orders.
More details below.
Thanks @JonahCrane for your incredible table, and distilling so much info!
@mikulaja@NotThatTimD