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The author reflects on their company's transition to a problematic SaaS platform, driven by leadership's decision to cut costs amid declining revenue. They detail legal concerns, technical failures of the new platform, and the emotional toll of job displacement.
This article outlines the development of Altitude, a platform leveraging stablecoin infrastructure to enhance financial services. It discusses the shift from traditional banking partnerships to self-custodial smart accounts, emphasizing the importance of technical execution and ownership of the tech stack. The piece also addresses the hard problems in the space, including privacy, compliance, and user experience.
Craft Ventures has invested in Norm Ai's $48M funding round, recognizing its innovative approach to transforming enterprise compliance workflows through AI. Norm's platform automates compliance checks and has attracted significant clients managing over $18 trillion in assets, backed by a strong team and advisory board composed of industry leaders.
As the enforcement of parts of the EU's AI Act approaches on August 2, companies and some politicians are advocating for a delay in its implementation. A key guidance document is also delayed, prompting concerns over compliance and clarity for businesses involved in AI development.
Explore the intersection of fintech and artificial intelligence as it relates to compliance, highlighting key insights and trends affecting the financial technology landscape. The piece emphasizes the importance of staying informed through community engagement and newsletters.