Oliver Bussmann

Congratulations to the winners of the Innovation in Digital Banking Awards 20201 by @TheBanker

thebanker.com/video/v/626615…

@joymacknight #FinTech

Mastercard, Travelport, Booked AI and Basis Theory completed a live flight purchase where an AI agent booked, paid and ticketed without seeing the card number. The airline stayed the merchant. A third route beyond banning or building.

Source: PYMNTS

EU antitrust regulators are polling customers and rivals on Deutsche Börse's €5.3bn Allfunds deal, which would combine Europe's two largest B2B fund platforms. Decision due November 27. Customer answers will decide it. #Allfunds

Source: Disruption Banking

McKinsey says AI could cut banking's cost base by 20% or more. Most banks have so far used it only for individual productivity, with negligible bottom-line effect. The return sits with those rewiring whole processes. #AI #Banking

Source: Finextra

Goldman analysts reportedly project Anthropic revenue of $685B by 2030, with positive annual free cash flow only by decade's end as compute spending climbs more than ten-fold. A supplier's finances belong in the vendor risk review. #AI #Banking

Source: PYMNTS