Fintech Insider Podcast by 11:FS
843. News: A major week for AI regulation, PayPal wins big in court and what does Nuvei's $6bn sale mean for fintech?
Apr 8, 2024
Lord Chris Holmes, Andrew Brown, and Mariela Hunter discuss the US-UK AI regulation agreement, Nuvei's $6.3 billion sale, and PayPal's legal win. They also cover AI regulations in financial services, payroll innovations, and the importance of supporting small businesses in the fintech industry.
54:45
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Quick takeaways
- US and UK sign groundbreaking agreement to regulate AI models
- Nuvei's $6.3 billion sale to Advent signals significant growth in fintech sector
Deep dives
Amazon Cancels Cashierless Grocery Store Concept
Amazon's ambitious cashierless grocery store concept, which relied on remote human monitoring, has been discontinued, with reports revealing the use of remote staff to ensure accurate checkouts. Market share challenges in the US were cited as the reason for this closure.
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