Author: Admin
From answer to act: the next phase of Artificial Intelligence (AI) in banking and financial services
Recent moves by Temenos, FIS, and Backbase point to a significant shift in banking technology strategy. Over the past few weeks Temenos acquired additiv, a Swiss fintech specializing in wealth orchestration, FIS partnered with InvestCloud to deliver an Artificial Intelligence (AI)-powered advisor workspace integrated with its processing platforms, and Backbase acquired Kasisto, an early pioneer in conversational and agentic (AI) for banking. At first glance, these appear to be independent transactions addressing different market opportunities. But they are all responding to the same structural shift: AI orchestration is emerging as the next strategic control point in banking technology. Value is moving toward the layer that can connect customer intent, enterprise data, workflows, policies, and execution. Providers that can own this…
AI-based language analysis has recently gone through a “paradigm shift” (Bommasani et al., 2021, p. 1), thanks in part to a new technique referred to as transformer language model (Vaswani et al., 2017, Liu et al., 2019). Companies, including Google, Meta, and OpenAI have released such models, including BERT, RoBERTa, and GPT, that have achieved unprecedented large improvements across most language tasks such as web search and sentiment analysis. While these language models are accessible in Python, and for typical AI tasks through HuggingFace, the R package text makes HuggingFace and state-of-the-art transformer language models accessible as social scientific pipelines in…
Managing petabytes of search data means making tough choices: keep everything fast and expensive, or make it affordable but read-only. UltraWarm is a proven, cost-effective solution for read-heavy historical data. However, some workloads occasionally need to update historical records, such as late-arriving data or compliance corrections. With UltraWarm, you must migrate those indices back to hot, perform the update, and migrate back. What if you could write directly to your cost-effective warm storage instead? In this post, I show you how writable warm storage removes the costly migration cycle. You can reduce your infrastructure costs by up to 48 percent…
Large data centre projects intended to support AI and cloud workloads are facing power shortages and grid delays. Some are also facing planning disputes, land-use concerns, and rising construction costs.A report by The Guardian, citing data from the Uptime Institute, said 250 data centre projects requiring more than 100MW of power each were announced globally between 2021 and 2024. Uptime estimates that about half of those projects will either be delayed or not proceed.Data centre projects need land, grid connections, and substations before they can support cloud and AI workloads. They also require cooling systems, construction capacity, and local approvals.Projects…
Smartwatch settings can make a glucose alert feel wrong even when the reading itself is not. The latest number may already be in your glucose app, but the watch can still change how useful that information feels. It may send the alert to your phone, stay quiet overnight, show older health data from the platform, or keep the reading off the watch face or workout screen you check most. I looked at the settings of the Apple Watch, Samsung Galaxy Watch, Pixel Watch, Huawei Watch, and Garmin to see which ones are most likely to change how blood sugar information…
Even the most sophisticated AI (artificial intelligence) models are constrained by data trapped in information silos and legacy systems. The challenge is every new data source requires its own custom implementation, making connected systems difficult to scale, which is something that could slow building the next-gen infrastructure projects we so desperately need. Enter MCP (model context protocol). In November 2024, Anthropic introduced the model context protocol, which is a standard for connecting AI assistants to the systems where data lives. Anthropic suggests MCP provides a universal, open standard for connecting AI systems with data sources. The objective is to replace…
The Galaxy S26 series has been a smash hit for Samsung – the trio sold 3 million units in its home country of South Korea in just 118 days. That’s under four months. For comparison, the previous Galaxy S25 generation launched in early February and hit the 3 million mark in early August, which is six months. Before that, the S24 series needed two months more to reach the same target. The 2026 flagships started off strong with 1.35 million over 7 days of pre-orders in Korea, up from the previous record of 1.3 million set by the S25 series…
This is the second memo where I describe my recent experiences on running small models locally on my developer machine for agentic coding. In the first memo, I covered the many factors that can influence the viability of that setup — hardware, model choice, runtime, harness. Here I focus on the concrete experiences, the tasks I gave the models, what happened, and my final conclusions. Scope To recap: my focus is on agentic coding specifically, not just auto-complete. The machines I used were an M3 Max with 48GB RAM and an M5 Pro with 64GB RAM. Viability funnel Evaluating small…
Eric Ries is the creator of the Lean Startup method and the author of the New York Times bestseller The Lean Startup, which transformed how a generation of founders and engineers think about building products. It introduced concepts like the MVP, the pivot, and build-measure-learn that are now so widely adopted they feel obvious. Over two decades of working with founders, CEOs, and investors, Eric has observed that some companies built on those principles eventually betray the very customers and engineers who made them great. His new book, Incorruptible: Why Good Companies Go Bad and How Great Companies Stay Great,…
Guest post by Dane Hudson, who is a former 25-year global CEO. Discipline Beats Vision: How to Be the Leader Your Company Needs (Wiley, 2026) is his first book. See more about the book here. Every founder I have ever mentored has had it, that absolute belief that their idea will work. You cannot start a company without it. Optimism is the fuel that gets you through an investor rejection, a product failure, a key person walking out the door. It inspires you and your team to work ridiculous hours with low pay to create a legacy. However, the surprise…
