The UK FCA could become the world’s first AI robo-regulator

The UK FCA could become the world’s first AI robo-regulator

WHY THIS MATTERS IN BRIEF The level of regulation is already a major burden on companies, a robo-regulator could automate compliance, lighten the load, reduce costs, and even identify crime before it happens.   A little while ago I wrote an article highlighting a point made by the UK’s Chancellor...

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Decentralised hedge funds take aim at Wall Street elite

Decentralised hedge funds take aim at Wall Street elite

WHY THIS MATTERS IN BRIEF Services and industries are increasingly becoming decentralised, and the financial services industry is no exception.   A little while ago I discussed how one hedge fund, Aidyia, is now fully autonomous, a decentralised autonomous organisation run by an AI without humans, and how another, Numerai,...

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DeepFake busting app spots even a single pixel out of place

DeepFake busting app spots even a single pixel out of place

WHY THIS MATTERS IN BRIEF Increasingly most people don’t believe the news they’re seeing is real, this new technology helps news organisations and outlets regain that trust.   Falsifying photos and videos used to take a lot of work – either you used CGI to generate photorealistic images from scratch,...

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Futurist Keynote, Antwerp: Investing in the Future, Infosys Finacle

Futurist Keynote, Antwerp: Investing in the Future, Infosys Finacle

WHY THIS MATTERS IN BRIEF As the pace of change continues to accelerate many companies find keeping up with it a daunting prospect, and it’s no less of an issue for the financial services community.   Firstly, thank you to Bharadwaj and the team for inviting me to be this...

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IBM boosts the speed of homomorphic encryption by 75 percent

IBM boosts the speed of homomorphic encryption by 75 percent

WHY THIS MATTERS IN BRIEF Homomorphic encryption gives organisations a secure and easy way to run analytics on data without having to first decrypt it, but up until now it’s been oh so slow…   IBM has announced that it’s rewritten its C++ Homomorphic encryption library and claims that it...

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A controversial AI can allegedly reveal your personality from just a photo

A controversial AI can allegedly reveal your personality from just a photo

WHY THIS MATTERS IN BRIEF A system that can tell a persons personality from a photo can be used to help approve loans, provide better healthcare, and create smarter surveillance solutions.   In the past I’ve heard of Artificial Intelligent (AI) platforms that can, controversially, judge a persons character from...

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After the goldrush comes the crash, over 800 cryptocurrencies are now dead

After the goldrush comes the crash, over 800 cryptocurrencies are now dead

WHY THIS MATTERS IN BRIEF Every market has its successes and failures and just like any investment ICO’s can gain and loose value too, making due diligence as important as ever.   Anyone who reads any sort of business newspaper will know that cryptocurrency projects have been popping up left,...

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New quantum resistant crypto stops quantum computers spying on your data

New quantum resistant crypto stops quantum computers spying on your data

WHY THIS MATTERS IN BRIEF When large quantum computers come online circa 2025 over 70 percent of the world’s encryption will be at risk, so companies need to adopt new method to protect themselves and their data.   As quantum computing becomes an increasingly “real” technology, moving out of the...

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Futurist in the press: Amazon home insurance could be on the horizon, CNBC

Futurist in the press: Amazon home insurance could be on the horizon, CNBC

WHY THIS MATTERS IN BRIEF As Connected Home devices become more capable and popular they will give insurers new insights into previously private user behaviours, and fundamentally change how insurance is sold.   Connected home devices, that range from Alexa to smart fire alarms, lighting, security systems, thermostats, TV’s and...

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Hackers use 51 percent attack to commandeer three cryptocurrencies, steal millions

Hackers use 51 percent attack to commandeer three cryptocurrencies, steal millions

WHY THIS MATTERS IN BRIEF 51 percent attacks are rare, but as criminals continue to gain access to more computing power smaller cryptocurrency networks are in increasing danger of being comandeered.   This week not one but three cryptocurrencies, Bitcoin Gold, Verge Coin, and Monacoin, were hit with a rarely seen cyber...

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Futurist keynote, London: The Future of Investing, STOXX Annual Conference

Futurist keynote, London: The Future of Investing, STOXX Annual Conference

WHY THIS MATTERS IN BRIEF There has, arguably, never been a better time, or a risker time to invest in today’s markets, but as every industry undergoes titanic transformation investors who are ill advised, or who lack the right vision, could quickly find themselves on the wrong end of tomorrow’s...

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Basis creates a stable crypto currency, raises $133m from A-list investors

Basis creates a stable crypto currency, raises $133m from A-list investors

WHY THIS MATTERS IN BRIEF The value of Bitcoin and other cryptocurrencies swing wildly by the day making them almost useless as a medium of exchange, Basis has designed a stable cryptocurrency and if it works it “could replace money”.   On its debut nearly a decade ago, one of...

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Biased AI’s are becoming a problem, this startup is fighting back

Biased AI’s are becoming a problem, this startup is fighting back

WHY THIS MATTERS IN BRIEF The rise of the “Algorithmic society” coupled with biased AI’s and machines means that increasingly bias, if left unchecked, can change the course of people’s lives, as well as viewpoints,  both with potentially life changing and harmful consequences.   Today there is a huge amount...

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UK Government mulls creating the world’s first Robo-Regulator for fintechs

UK Government mulls creating the world’s first Robo-Regulator for fintechs

WHY THIS MATTERS IN BRIEF Regulating industries and companies is an increasingly complicated task, and some are arguing that it’s one that should be automated and given to the machines, but that opens up its own set of challenges.   The love affair British politicians have enjoyed with fintech since...

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Ethereum falls after rumours of new powerful ASIC emerge

Ethereum falls after rumours of new powerful ASIC emerge

WHY THIS MATTERS IN BRIEF The more centralised the mining of an individual cryptocurrency becomes, especially if it leverages new, more powerful technology, the greater the impact on a cryptocurrencies value.   Rumors of a new ASIC mining  rig from Bitmain have driven Ethereum prices well below their one week high of...

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JPMorgan is automating the world of finance

JPMorgan is automating the world of finance

WHY THIS MATTERS IN BRIEF The world of finance is being automated faster than almost any other industry and JPMorgan is leading the charge.   At JPMorgan Chase a learning machine is parsing financial deals that once kept legal teams busy for thousands of hours. The program, called COIN, for...

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British bank trials a life like digital Avatar to serve customers better

British bank trials a life like digital Avatar to serve customers better

WHY THIS MATTERS IN BRIEF Avatars and bots are getting more intelligent, and more capable, and while they are being increasingly deployed to help organisations improve customer service, there’s a very real toll on human jobs.   This week the Royal Bank of Scotland (RBS), who recently started using brain...

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Hundreds of US banks just adopted an automated cyber defense framework

Hundreds of US banks just adopted an automated cyber defense framework

WHY THIS MATTERS IN BRIEF As the volume and severity of cyber attacks increases, and as AI powered cyber attacks emerge, this is the first major step towards large institutions automating their cyber defense.   Experts in the cyber security field are all too aware that we are rapidly approaching...

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Companies have a plan to fix blockchain’s massive energy problem

Companies have a plan to fix blockchain’s massive energy problem

WHY THIS MATTERS IN BRIEF Processing Bitcoin is now consuming more energy than Denmark uses in a year, and as cryptocurrencies become increasingly popular their energy consumption is, literally, starting to affect the planet.   You’d have to be almost deaf and blind to not notice that at the moment...

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Futurist keynote, London: The Future of Trust, Battle of the Quants

Futurist keynote, London: The Future of Trust, Battle of the Quants

WHY THIS MATTERS IN BRIEF Algorithmic traders, like many of us, have a nascent reliance on being able to trust the information they ingest, but a new breed of AI is about to push fake news, and, by association our trust in each other and society, to the limits.  ...

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