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Slash CEO on Displacing ‘Legacy’ Banks With AI Agents

Slash Financial recently raised $100 million to expand its hyper-tailored banking services into new global markets and industries. With $300 million in ARR, Slash is using AI agents to automate back-office tasks like document parsing and dispute processing. Co-founder and CEO Victor Cardenas speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like…

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Slash Financial recently raised $100 million to expand its hyper-tailored banking services into new global markets and industries. With $300 million in ARR, Slash is using AI agents to automate back-office tasks like document parsing and dispute processing. Co-founder and CEO Victor Cardenas speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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4 Comments

4 Comments

  1. @plpk

    April 16, 2026 at 4:07 pm

    1:23 BINGO 🎉 AI mention

    Also, this guy is giving me Elizabeth Holmes vibes

  2. @plpk

    April 16, 2026 at 4:09 pm

    2:20 there’s a reason banks still use COBOL and it’s because it’s reliability and trustworthiness. None which you currently get with AI right now especially at the break-neck speed that things are moving. I wouldn’t give this company a dime. This is a failure from the get-go, especially because this individual doesn’t have to maturity to understand things. He just saw AI as an opportunity to sell us snakes oil.

  3. @plpk

    April 16, 2026 at 4:13 pm

    Could you imagine a bug in the AI coded stuff from this company that prevents people to make transactions for two or three days before they fix it? COBOL, for example is still used in servers for banks since the 1980s because the absolute utmost important in any economic system is the ability to not fail when doing transactions, for example.

  4. @Max-hj6nq

    April 16, 2026 at 9:07 pm

    I don’t think this @plpk guy likes the Slash guy

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Bloomberg Technology

Anthropic Unveils Updated Opus 4.7 Model | Bloomberg Tech 4/16/2026

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Anthropic’s updated version of its AI model, Opus 4.7, released just a week after its limited release of Mythos. Plus, Elon Musk is kicking his Terafab plan into high gear, even as skepticism grows from the semiconductor industry. And, TSMC reports a big surge in profit and raises…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss Anthropic’s updated version of its AI model, Opus 4.7, released just a week after its limited release of Mythos. Plus, Elon Musk is kicking his Terafab plan into high gear, even as skepticism grows from the semiconductor industry. And, TSMC reports a big surge in profit and raises its revenue outlook for 2026, driven by strong demand for AI chips.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Madison Air Soars After Raising $2.23 Billion in IPO

Jill Wyant, president and CEO of Madison Air, talks about the company’s IPO and the growing opportunity in data center infrastructure, including the buildout of Terafabs. The provider of ventilation and filtration systems raised $2.23 billion. Wyant speaks with Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:  …

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Jill Wyant, president and CEO of Madison Air, talks about the company’s IPO and the growing opportunity in data center infrastructure, including the buildout of Terafabs. The provider of ventilation and filtration systems raised $2.23 billion. Wyant speaks with Ed Ludlow on “Bloomberg Tech.”
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AI Cyber Race Is a Fight for Governance, Says Redpoint’s Brescia

OpenAI is doubling down on security with the rollout of GPT-5.4 “Cyber,” aiming to solve the trust and governance issues currently slowing enterprise adoption. Erica Brescia, managing director at Redpoint Ventures and OpenAI backer, speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:  …

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OpenAI is doubling down on security with the rollout of GPT-5.4 “Cyber,” aiming to solve the trust and governance issues currently slowing enterprise adoption. Erica Brescia, managing director at Redpoint Ventures and OpenAI backer, speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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