Let’s Get Ready to Fargo…
John and Glen discuss Wells Fargo’s foray into Generative AI, Elon Musk and Mark Zuckerberg’s foray into the cage, and BIG’s effort to share credit union AI best practices.
The Virtue and Vice of AI Voice Spoofing
John conspires with PSCU Senior Innovation Strategist Lou Grilli to conduct a real-world “white hat” test using AI to spoof voice recognition guardrails.
A Digital Wallet by Any Other Name…
James Anderson, Managing Director of Paze, shares a preview of the newest entrant to the digital wallet wars. Also- interchange rages anew, and Glen notes a possible pendulum shift in the rationale for automation.
AI Everywhere All at Once
Glen speaks with Beyond the Arc’s Steven Ramirez about the winners and key takeaways from Finovate’s Spring San Francisco showcase. Also- the Regulatory Roundabout, the CFPB’s busy stretch, and a deceptive headline Glen actually appreciated.
The AI Arms Race – Be Scared. And Excited.
hn and Glen discuss both the good and bad of Generative AI and why credit unions cannot afford to sit on the sidelines. Also- Apple discovers the PR downside of dabbling in financial services.
Fintech Collaboration – At $100 Million and Counting
Glen speaks with the Curql Collective’s Jim Ryan about his group’s ongoing quest to bring cutting-edge fintech to credit unions and a new portal that advances the cause. Also, finding more avenues for cooperatives to cooperate.
ChatGPT- Hallucinations, Lies, Negotiations
Glen speaks with veteran journalist Michael Lev about the supply chain expert’s recent encounter with Chat GPT in which the platform confessed to making stuff up. Also- more on deposit outflows and the sketchy definition of a “small bank.” (Gordon Lightfoot soundtrack optional)
A Belated Christmas Gift: New Fed Payments Data
In prior cycles the Fed released its treasure trove of payments data over the Christmas holiday- an apt metaphor for a small niche of obsessives (myself included) who eagerly unwrapped this industry gift in search of insights.
Payments – Then and Now
Glen unearths nuggets from the latest Federal Reserve payments data with the help of author, retired Fed exec and Payments OG Rich Oliver. Also- bizarre notions swirling around the insured deposit limit.
Rival Rails, Same Day Successes
Fresh from a content-rich Smarter Faster Payments conference, Glen shares interviews with Nacha CEO Jane Larimer and Open Payment Network Co-Founder/CEO Bradley Wilkes. Also, a first look at detailed data from the Fed’s triennial payments study.