Banking Technology Magazine October 2023 issue out now
Cover story: NOTHING VENTURED – Tips for raising capital.
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Welcome to the October edition of Banking Technology, coming to you amid the conference season. Just a few weeks ago, FinovateFall and Sibos gathered thousands of people in New York and Toronto, respectively, to showcase the latest developments and debate the pertinent topics in banking, payments and fintech.
Artificial intelligence (AI) was, unsurprisingly, high on the agenda, with lots of discussion around how to unlock its full potential in a responsible way. Generative AI received plenty of attention – and for good reason. The GenAI industry is estimated to expand at a 42% compound annual rate, from $40 billion in 2022 to $1.3 trillion by 2032, according to a report by Bloomberg Intelligence. The report also predicts that GenAI will account for 12% of total technology spending by then (at present, it is less than 1%).
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Do you want to know more on who loves, hates, embraces or fears AI? Head over to our website for this and more from Sibos here and from FinovateFall here, brought to you directly from these events by the FinTech Futures editorial team.
The subject also continues in this issue of the magazine – check out our resident thought provocateur’s piece on AI and human foolishness on p10 and Dave Wallace’s report from the GenAI front line on p23. No shortage of punchy opinions there!
As always, we hope you find the magazine interesting and informative. And if you are attending the Open Banking Expo in London on 18-19 October, pick up a free print copy of this edition there.
