Bloomberg Technology
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…
@plpk
April 16, 2026 at 4:07 pm
1:23 BINGO 🎉 AI mention
Also, this guy is giving me Elizabeth Holmes vibes
@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.
@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.
@Max-hj6nq
April 16, 2026 at 9:07 pm
I don’t think this @plpk guy likes the Slash guy