The US has two huge problems to solve, problems that could question its leadership.May 25, 2023The United States seems to have two main issues right now: one is related to the US debt, one is related to artificial intelligence. The US might no longer be able to pay its bills after the end of May. Many nations are discussing different solutions, to avoid too much reliance on the United States. In the meantime, artificial intelligence continues to raise questions. The latest news that made headlines, related to a fake Pentagon explosion, was an occasion to discuss the capability of AI-based tools to create misinformation. Moreover, the US and China have found a new dispute ground in AI. This and much more in this number of FinTech Weekly, the free newsletter to stay ahead of competition and discover fintech news, events and insights. |
 CDAO Fall OctoberJoin your data & analytics peers from leading brands across North America as you discover the latest trends and challenges facing your role. |
Banks are ‘museums of technology,’ says fintech companyThe CEO of 10X Banking, Antony Jenkins, affirmed that banks are “museums of technology”. The CEO went on saying that banks had never focused on technology before 2008 (the year of the global financial crisis). |
US risks losing the crypto race to UAE, Korea, Aus and Switzerland: ArkYassine Elmandjra, analyst at ARK Invest, said that the US lacks credible institutions related to the crypto space. According to the analyst, the United States might lose the race to become crypto hubs and industry leaders. On the contrary, countries like Australia, Switzerland and the United Arab Emirates, are constantly enhancing their skills and positions in the market. |
Coinbase to roll out ‘Moving America Forward’ national campaign for cryptoMaybe as an answer to the current status of the United States for what concerns cryptocurrencies, Coinbase – which is the largest crypto exchange in the US, launched a new ad campaign to highlight the advantages of blockchain and cryptocurrencies. The national campaign’s title is Crypto: Moving America Forward. |
Treasury Secretary Yellen Insists US Could Default on June 1 — Goldman Sachs Estimates 'Real Deadline' Is a Week LaterThe US debt ceiling becomes an increasingly tough topic, since the deadline of June 1 is closer. According to Treasury Secretary Yellen, after that date the US won’t be able to pay its bills. But Goldman Sachs experts say that the date could be set a week later. |
YouHodler Unveils Game-Changing B2B Fintech Solutions At The 2023 Crypto Valley ConferenceThe Swiss-based YouHodler, a Web3 platform focused on providing fintech solutions, announced a new set of B2B2C offerings at the 2023 Crypto Valley Conference. |
Is politics monopolising fintech?London has become a fintech hub. Thanks to the experience and skills acquired over time, also regulators started having more elements to scrutinize. Now, the fintech matter might become too politicized. |
AI Ethics: Why It’s Important, Now, To Work On Ethical AIIn this article, FinTech Weekly analyzes the current status of AI ethics – and why it’s so important to develop ethical artificial intelligence right now. |
Jobs
 Director, Software Engineering - RippleXIf you’re ready to see your impact and unlock incredible career growth opportunities, join us, and build real world value. |
 VP of Strategy and OperationsStand out and lead the way. Define an industry. Forge the path to truly blockchain-based, deflationary, and limitless finance. |
 Blockchain Engineer (Node.js / Typescript)Empowered to think big. Try new opportunities while working with a talented, ambitious and supportive team. |