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Issue 505 · Jan 30, 2025 Weekly edition · 1 min read

Open Source Wins

## Let's recap... * Open-Source Gains Traction: DeepSeek’s R1 model demonstrates the potential of collaboration to deliver high-performing AI. * Global Accessibility: Open-source models allow developers worldwide to

Open Source Wins
Photo: ro_ma

News: DORA is here, HSBC shuts down Zing, and is Nubank coming to the UK?

In the meantime in fintech, the UK’s PSR is driving payments innovation, Belvo is teaming up with J.P. Morgan in Mexico, and Nu Holdings is considering a move to the UK. Meanwhile, HSBC’s Zing app and Barclays’ Rise accelerator are calling it quits, signaling major industry shakeups.

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