Plus, Revoluts Ultra Card, Robinhood acquires X1 and the GenAI landscape
Plus, My take on the agency guidance, the SEC sues Coinbase & the wallet wars continue
Plus: Will FIS acquire Bond? Monzo hits profitability, JP Morgan has a large language model and Identity in the age of AI.
Plus; Fifth Third acquires a BaaS platform, Starling CEO steps back & Plaid & big banks play nice together
Plus: Revolut withdraws UK banking licence application & losing your identity as a founder
Plus, Goldman & Microsoft create a new network, Worldcoin wallet launches & why decentralization will power AI
Plus, First Republic FDIC rescue, Fed criticizes itself, Cross River and what happens if the US Dollar global order breaks?
Plus, Apple savings launches, Twitter does stock trading & why AI hallucination is a feature not a bug
Plus: Plaid does RTP, Visa launches Plus and Twitter will launch brokerage
Plus: My take on Apple Pay Later, Paze Wallet and is Target Red the future of payments? Oh and there's an easter egg on BloombergGPT 🥚
Plus: Hindenburg alleges massive fraud at Block, UBS buys Credit Suisse & 4D chess in card payments
Plus, How Stripe uses GPT-4 to prevent fraud, and why Credit Suisse is a nuanced situation