Adobe and Figma deal is off, Microsoft integrating AI into Security, Latam Fintech gear for Expansion, BaaS 2024 Outlook

Edition 7 | December 21, 2023

Happy Friday, Felix Navidad and Happy Holidays!

This year is pretty much over, although start-ups around the world are working through the Winter break to take advantage of the production freezes to stay ahead, especially those in bootstrap mode.

As I reflect on 2023, I’m grateful for being able to reach so many milestones on both, the personal and professional fronts. Zenus Bank is now in a better position than ever to satisfy individuals’ cross-border banking needs. We kicked off BIN sponsorship program and have a few products set for Q1.

Let’s get right into the topics.

CYBERSECURITY NEWS

Microsoft is bringing generative AI to its security products

Microsoft's leap in cybersecurity: Integrating generative AI into security products for enhanced threat detection and response. This innovative approach marks a significant advancement in protecting digital infrastructure against evolving cyber threats. #Cybersecurity #MicrosoftAI #InnovativeSecurity

ARTIFICIAL INTELLIGENCE

Generative AI has landed on Wall Street. Here’s how it can help propel ‘massive’ revenue growth

?? Generative AI revolutionizes Wall Street! Combining with other AI tech, it's set to boost productivity and revenue, with McKinsey estimating up to $4.4 trillion annual value. Big players like BlackRock and Morgan Stanley are already harnessing AI for enhanced client services and investment analysis. #GenerativeAI #WallStreet #FinanceInnovation

BANK TECHNOLOGY NEWS

Top 10 neobanks in the world by Marcel van Oost

Discover the Future of Finance: Explore FinTech Magazine's Top 10 Neobanks Transforming the Banking Landscape. From Brazil's innovative Nubank to the pioneering UK-based Starling Bank, these digital-only financial institutions are redefining access and inclusivity in banking. #FinTech #Neobanks #BankingRevolution

Where Is Banking-As-A-Service Headed In 2024? by Kate Drew

???? Banking-as-a-Service (BaaS) in 2024: Navigating Challenges and Opportunities! As BaaS evolves, key players face compliance issues and operational struggles, impacting partnerships like Chime with The Bancorp Bank. ?? Despite these hurdles, the potential remains high. Banks and fintechs must align on goals for successful collaborations. #BaaS #FintechFuture #BankingInnovation

As rates fall, LatAm fintech gear up for credit expansion in 2024

?? 2024: A Turning Point for LatAm Fintechs! As interest rates drop, a surge in credit expansion is on the horizon. Big players like Nubank and Mercado Pago lead the charge, with fintech loans poised to grow significantly in the market. A pivotal year for innovation and growth in Latin America's financial sector. #LatAmFintech #CreditGrowth #FinancialInnovation

GOVERNANCE, RISK AND COMPLIANCE NEWS

Understanding Google Play’s app account deletion requirements

?? Google Play updates app policies! Developers must now include in-app account deletion features, enhancing user privacy and control. ??? This move aligns with growing digital rights concerns. Check out the guidelines and exemptions for a smoother app experience. #GooglePlayUpdate #AppDevelopment

PRODUCT AND BUSINESS STRATEGY NEWS

Adobe’s $20 billion bid to buy Figma is officially dead

?? Breaking News: Adobe and Figma cancel their $20B acquisition deal! ?? Regulatory challenges in Europe, including concerns about innovation and competition, led to this mutual decision. Adobe now owes Figma a $1B termination fee. A significant shift in the digital asset creation market! #AdobeFigma #TechNews

RESOURCES AND TOOLS

???????? ????-?????????? technical skills ?????? for Product Managers (better than any $117K program) via Dr Bart Jaworski

?? Elevate your Product Management skills with a FREE 12-month technical MBA program! ?? From API fundamentals to advanced AI, this comprehensive curriculum offers valuable resources for each month. ?? Perfect for enhancing expertise without the hefty price tag of a traditional MBA. #FreeMBA #TechSkills #ProductManagement

Embark on a thrilling career as a #SOC analyst! by Gabrielle B.

?? Kickstart your #SOC Analyst career in #cybersecurity! Explore dynamic roles, essential skills, and insider insights. Dive into resources from experts like Julien Provenzano and Gerald Auger. ??? Embrace constant learning and tackle cyber threats head-on. #CyberSecCareers #TechLearning

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