CAMBRIDGE – Speaking to the Financial Times at the June 22-23 Summit for a New Global Financing Pact in Paris, Kenyan President William Ruto called for the establishment of a “global green bank” that would assist developing countries in mitigating the effects of climate change without further exacerbating their already-unsustainable
Does the future of finance belong to blockchain or AI?
The finance industry has changed rapidly in recent years with the rise of fintech, around-the-clock banking, and contactless payments. But in the coming five years it is poised to change even faster with the rise of two powerful technologies, blockchain and artificial intelligence, which are already upending the sector.
Right now, AI is gaining the lion’s share of the hype and attention, and with good reason. Predictive learning models promise to remake not just financial infrastructure but large parts of our society and culture too. In a survey of how AI is changing finance, my Fortune colleague Ben Weiss cites