“So the solution was obvious: build a system that taps open banking to get basic, real-time details about how an individual manages incomings and outgoings in a regular bank account; extrapolate insights from that data using AI; and create a new kind of credit score. This is what Abound took some three years to build…
Tag: AI
SXSW 2023: Austin becomes the global center for AI & deep tech
“For the first time in a long time, the tech sector is experiencing a transformation. You’ve read about it in the news, heard about it in the break room, and you’ve seen it with your own eyes on social media. I’m talking about AI and what some are calling “deep tech” – those scientific advancements…
‘Work to Do’ on ChatGPT, Banking Tech, Says BofA’s Moynihan
Bank of America Obsessed With AI, Says It’s the “New Electricity”
The Apple Reality Pro headset sounds downright magical as patent reveals new details
“According to the patent application(opens in new tab), Apple wants its mixed reality headset to connect with all your Apple devices, even though it reportedly won’t need an iPhone to operate. In the patent application, Apple lays out a scenario where a user with the VR/AR headset on looks at an email on their iPhone,…