Fintech pros announce stay of robot executioner’s hand on ABS jobs

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By GlobalCapital
26 Feb 2019

To a standing-room-only crowd of trembling ABS professionals either hoping for a glimpse of the awesome future that artificial intelligence and machine learning promise for the finance industry, or awaiting the proclamation of a death sentence for their jobs, fintech panellists offered bittersweet consolation: the ABS industry still needs humans. For now, at least.

The hands of our future machine-managers still need human guidance in order to provide meaningful benefit to the finance industry, and securitization in particular, in the areas where they are now being loosed.

At a panel on blockchain technology, T-Rex founder and CEO Benjamin Cohen said that T-Rex, ...

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