Tag: finance

crypto

Stablecoin Act brings Crypto closer to mainstream finance

Colin Henderson

I have not been a supporter of Stablecoin due to lack of safety and regulatory provisions in the same vein as regulated Banks. The Genius (really ??) Act changes that and provides for regulatory provisions similar ~ to that which governs other financial entities, including maintenance of capital requirements and money laundering protection. The AML provisions are weak and will not capture small medium bad actors. Time will tell and I really hope that under Carney we will see some movement in Canadian finance. since we end to miss innovation completely in Canadian Banking and Finance. Similarly I hope OSFI … Continue reading Stablecoin Act brings Crypto closer to mainstream finance

AI_factories, AI_research, Infrastructure

The Evolution of AI Infrastructure: From Hyperscaler Dominance to the Rise of AI Factories (2024–2045)

Colin Henderson

The global landscape of artificial intelligence (AI) infrastructure is undergoing a profound transformation, shifting from the current era dominated by hyperscalers—massive cloud providers such as Amazon Web Services, Microsoft Azure, and Google Cloud—towards a future where AI Factories, purpose-built and sovereign-controlled facilities for manufacturing intelligence, are poised to prevail. This report provides a comprehensive analysis of this evolution, examining the technological, economic, and geopolitical forces shaping the transition. Drawing on recent market data, industry forecasts, and emerging trends, the report details the limitations of the hyperscaler model, the architectural and operational innovations of AI Factories, and the implications for global … Continue reading The Evolution of AI Infrastructure: From Hyperscaler Dominance to the Rise of AI Factories (2024–2045)

Business Models

The US and UK are both cutting red tape – but will this help consumers?

Colin Henderson

Attributed to Monica Eaton, Founder and CEO of Chargebacks911: “The recent executive order granting the White House direct control over independent regulators like the Securities and Exchange Commission (SEC), Federal Trade Commission (FTC), and Federal Communications Commission (FCC) is a concerning shift that could reshape financial oversight, consumer protections, and technology regulation. This move, mirrored by developments in the U.K., signals a broader global shift in regulatory control—one that threatens to stifle competition and innovation, not enhance them.” “With the shuttering of the Consumer Financial Protection Bureau (CFPB), the launch of innovative new systems like Open Banking now hangs in … Continue reading The US and UK are both cutting red tape – but will this help consumers?

AI

Palantir Stock Soars As Much As 28% To All-Time High—Becoming $200 Billion Company

Colin Henderson

Derek Saul Feb 4, 2025, Forbes Topline Recent stock market favorite Palantir notched another milestone Tuesday, surging after its latest earnings report to join an elite group of U.S. firms worth more than $200 billion as the software giant benefits handsomely from its “position at the center of the AI revolution,” as its billionaire CEO Alexander Karp describes it. Key Facts Shares of Palantir jumped as much as 28% shortly after 10 a.m. EST, registering a record share price of $106.91, as investors reacted overwhelmingly positively to the firm’s fourth-quarter earnings report released Monday afternoon, before the stock settled into a 21% gain by … Continue reading Palantir Stock Soars As Much As 28% To All-Time High—Becoming $200 Billion Company

AI

Open Banking – a reality or not

Colin Henderson

Abstract: Arthur has developed here a modern contextual view of Open Banking and Open Finance. He begins with the right question “Open Banking – a reality or not”. However there are gaps worth exploring for inclusion in this summary. These gaps lie with Safety of Funds and Consumer preferences and motivation to adopt. Arthur BedelCo-Founder @ Connecting the dots in Payments… | Global Revenue at VGS | Board Member | FinTech Advisor | Ex-Pro Tennis PlayerLinkedin ——There remain unanswered questions in this evolving definition which are critical to the success of Open Banking. These gaps are in i. Platform Security … Continue reading Open Banking – a reality or not

AI

The Best of Bain 2024

Colin Henderson

The world ahead of us In this mailing we highlight the eight most-read and most-commented on stories of the year. Could they also be predictive? Taken together, they offer a frame through which to view a newly post-global world, where AI is an object of intense awe (and scrutiny) and where leaders distinguish themselves by building resilient corporations steeled against increasingly frequent shocks. The question to ask as you read is, which of these risks is actually your greatest opportunity? — The Bain Team 1 Tariffs and the awful price of inaction The globalized world is going post-global. Every executive … Continue reading The Best of Bain 2024

AI

Delivering on the promise of AI in banking (Mckinsey)

Colin Henderson

Much has been written about the power of AI, including generative AI (gen AI), to transform banking. Beyond ushering in the next wave of automation, AI promises to make banks more intelligent, efficient, and better able to achieve stronger financial performance. About the authors While the buzz is undeniable, many banking C-suite leaders are increasingly asking questions about the realization of value in light of the headwinds facing the sector. Will AI live up to expectations? After initial experimentation, how can banks go from proof of concept to proof of value and truly reimagine and transform the enterprise using AI? How soon, if … Continue reading Delivering on the promise of AI in banking (Mckinsey)

AI

U.S. Special Operations Command Expands Contract with Palantir to Deliver Advanced AI and Mission Manager Capabilities

Colin Henderson

December 09, 2024 06:59 AM Eastern Standard Time DENVER–(BUSINESS WIRE)–Palantir Technologies Inc. (NASDAQ: PLTR) today announced an expansion of its contract with the U.S. Special Operations Command (USSOCOM) to deliver technology solutions in support of enterprise capabilities. The one-year delivery is valued at $36.8 million and establishes Palantir as the lead software integrator for USSOCOM’s Mission Command System (MCS) while expanding the technology solutions supporting U.S. Special Operations Forces (SOF) globally. “Palantir’s Mission Manager is positioned to innovate the Defense industry by providing software to enable and operationalize commercial capabilities for U.S. Government missions. USSOCOM understands that commercial software can … Continue reading U.S. Special Operations Command Expands Contract with Palantir to Deliver Advanced AI and Mission Manager Capabilities

AI
Colin Henderson

Amazon Keeps Profit Margins in Orbit E-commerce giant’s strong operating earnings offset huge jump in AI spending and counter worries of margin decline By Dan GallagherFollow Nov. 1, 2024 at 6:00 am ET 7 Gift unlocked article Listen (4 min) Amazon CEO Andy Jassy says he expects next year’s capital spending to surpass this year’s planned $75 billion. PHOTO: DAVID RYDER/BLOOMBERG NEWS Like its big tech rivals, Amazon.com AMZN 6.56%increase; green up pointing triangle is spending a king’s ransom on artificial intelligence. Unlike them, it also has plenty of customers dropping money on toothpaste and razorblades.  That strange brew proved a potent mix for the company’s third-quarter reportThursday. Amazon … Continue reading

AI

LTIMindtree wins its largest deal in its history: … embedding AI into all offerrings

Colin Henderson

Current progress by LTIMindtree including expansion into US. The focus on embedding AI into all services, and rationalising smaller clients who do not folllow this approach is designed to create a forward looking portolio of customers.. Sources Times of India, Ecomomic Times India’s sixth-largest technology services company, LTIMindtree, has reportedly won its largest deal ever. The company focuses on revolutionising smaller clients and grabbing a higher share of vendor consolidation deals with artificial intelligence (AI), the biggest transforming technology. Now, the company has established a strong presence in the market.  “We are now embedding AI into each of our services, reimagining with … Continue reading LTIMindtree wins its largest deal in its history: … embedding AI into all offerrings