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The Collapse of Silicon Valley Bank

The Pragmatic Engineer

In case you somehow missed it: we went through the fastest bank run in history, in an event that impacted about half of all VC-funded startups in the US and UK. ” There was no certainty for startups with money in Silicon Valley Bank. Deposits in Silicon Valley Bank, 1991-2023. The bank was founded in 1983.

Banking 184
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AI in Banking: 5 Applications of Artificial Intelligence in Banking

Edureka

The banking industry is at the forefront of integrating AI, one of its many transformational uses. Today, we explore the top five ground-breaking uses of artificial intelligence in banking as we delve into the realm of money. This enables banks to quickly investigate and take the necessary action.

Banking 40
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Data News — Week 23.10

Christophe Blefari

In last minute I also added stuff about the Silicon Valley Bank that has been seized by the US FDIC, which will generate a crisis in scale-ups/startups world. First Mark is a NYC VC, in their portfolio they have Dataiku, ClickHouse and Astronomer among other tech or B2C companies. Which led to a bank run.

Banking 130
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How Striim Enhances Healthcare at Discovery Health with Real-Time Data

Striim

.” As a multifaceted financial services organization, Discovery Health operates in various sectors including healthcare, life insurance, short-term insurance, long-term savings, banking, and wellness.

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Robinhood is now available to all customers in the United Kingdom

Robinhood

The largest UK brokers typically charge UK investors, with a £10,000 portfolio, an average of £240 per year to invest in US stocks*–Robinhood offers no commission fees and no foreign exchange (FX) fees on trades.** Fractional shares provide customers greater access to highly valued equities, providing greater flexibility for their portfolios.

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Discovering Data Monetization Opportunities in Financial Services

Cloudera

Considering today’s mobile-first-, mobile-almost-everything world, there has been a surge in the use of mobile banking applications, only accelerated by the COVID-19 pandemic. Commercial banks can also sell data on business transactions and credit history to credit rating agencies and other financial institutions.

Banking 69
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50 ML Projects To Strengthen Your Portfolio and Get You Hired

ProjectPro

Get Closer To Your Dream of Becoming a Data Scientist with 70+ Solved End-to-End ML Projects Machine Learning Projects(ML Projects) in Banking and Finance 1. Banks need to assess the probability of customers paying back the loan amount depending on which they issue the loan. ML Project for Loan Eligibility Prediction using H20.ai