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Fighting Financial Crimes in a Digital World

Apr.01 — Nuno Sebastiao, co-founder and CEO of Feedzai, discusses the company’s technology used to tackle a surge in financial crimes. Between 2019 and 2020, the firm found a 650% increase in financial account takeover scams and a 250% rise in online banking fraud attacks. Feedzai recently raised $200 million in a Series D investment…

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Apr.01 — Nuno Sebastiao, co-founder and CEO of Feedzai, discusses the company’s technology used to tackle a surge in financial crimes. Between 2019 and 2020, the firm found a 650% increase in financial account takeover scams and a 250% rise in online banking fraud attacks. Feedzai recently raised $200 million in a Series D investment round led by KKR, driving its valuation to above $1 billion. Sebastiao speaks to Emily Chang on “Bloomberg Technology.”

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3 Comments

3 Comments

  1. Drool Alot

    April 2, 2021 at 1:34 am

    The dumb 6ss politicians left the EDD back door wide open for crooks and didn’t close it. They should be in jail.

    It’s just our tax money, waste as much as you want!!

    Just raise our taxes when you need more. No big deal.

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    April 2, 2021 at 1:34 am

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Bloomberg Technology

SpaceX May Buy Data From Failed Startups for AI Models

Elon Musk’s SpaceX has held internal discussions about buying customer and operational information from troubled or defunct startups, according to people familiar with the matter. That data could help improve its artificial intelligence models. Ed Ludlow reports. ——– Like this video? Subscribe to Bloomberg Tech on YouTube:   Watch the latest full episodes of “Bloomberg Tech”…

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Elon Musk’s SpaceX has held internal discussions about buying customer and operational information from troubled or defunct startups, according to people familiar with the matter. That data could help improve its artificial intelligence models. Ed Ludlow reports.
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AI Wealth Boom Leaves Out Silicon Valley’s Jobless Tech Workers

As the global AI debate heats up, another major AI-related discussion is roiling the US tech capital: Who is reaping the financial benefits of the AI boom, and who is missing out? As the coming IPOs of Anthropic and OpenAI are set to bring wealth to San Francisco, a recent gathering of laid-off workers highlight…

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As the global AI debate heats up, another major AI-related discussion is roiling the US tech capital: Who is reaping the financial benefits of the AI boom, and who is missing out? As the coming IPOs of Anthropic and OpenAI are set to bring wealth to San Francisco, a recent gathering of laid-off workers highlight the flip side of the AI boom. Bloomberg’s California reporter Francesca Maglione joins Ed Ludlow on “Bloomberg Tech.”
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Bloomberg Technology

The Case for AI Guardrails Without a Slowdown

AI is helping companies build faster, but as competition at the frontier intensifies, should there be limits on how much risk companies can take to stay ahead? Karen McCormick, chief investment officer at Beringea, argues the answer isn’t slowing innovation, but establishing common guardrails around testing, cybersecurity, and incident reporting. She joins Ed Ludlow on…

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AI is helping companies build faster, but as competition at the frontier intensifies, should there be limits on how much risk companies can take to stay ahead? Karen McCormick, chief investment officer at Beringea, argues the answer isn’t slowing innovation, but establishing common guardrails around testing, cybersecurity, and incident reporting. She joins Ed Ludlow on “Bloomberg Tech.”
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