#AskTheCEO Podcast #AskTheCEO Podcast

Data and AI in Fintech and IBM Z Day

Connect with the team:

Contact Avrohom:
Web: asktheceo.io
LinkedIn: https://www.linkedin.com/in/avrohom-gottheil/
Facebook: AvrohomGottheil
Twitter: @avrohomg
Instagram: @avrohomg

Contact Dr. Melissa Sassi:
Web: https://www.mlvp.io/
LinkedIn: https://www.linkedin.com/in/melissasassi/
Twitter: @mentorafrika
Instagram: @msassifrass

Contact Tyler:
Web: https://www.darkcryptonite.com/
LinkedIn: https://www.linkedin.com/in/tylercohen78/
Twitter: @TylerCohenWood

Contact Helen:
Web: https://tigonadvisory.com/
Podcast: https://www.youtube.com/c/HelenYu
LinkedIn: https://www.linkedin.com/in/yuhelenyu/
Twitter: @YuHelenYu

INTERVIEW HIGHLIGHTS:

1. What are the latest trends with regard to AI and Fintech use cases in big and small banks?
2. What is the role that startup ventures are playing in driving the evolution of financial services, including where AI comes into the picture?
3. How does data privacy impact AI in the financial services sector?
4. What could startups be doing to help them improve their ability to meet industry risk and compliance requirements?
5. IBM Z Day - Oct 18, 2023
6. What is the future of AI in financial services, and Fintech in general?

Watch the replay of IBM Z Day: https://ibmz.io/asktheceo

A New Frontier: Introducing AI in FinTech

Dr. Melissa Sassi from MachineLab Ventures painted a vision of enabling startups and scaleups to leverage innovation for revenue generation, illustrating the massive opportunities in the sector.

Ensuring Fairness and Inclusivity in AI-driven Financial Services

Helen Yu spotlighted a crucial aspect of the FinTech realm: the convergence of self-service and AI. For her, the emphasis rested on fairness and inclusivity.

Addressing the Capital Conundrum: Women in FinTech

Melissa Sassi's journey in financial services, stretching from GMAC to Ally Bank, served as a testament to the vast potential and challenges in the sector. Bringing to the fore concerning statistics from the World Bank, Melissa underscored the disparity women-owned businesses face in accessing capital. By placing emphasis on lived experiences, she illuminated the barriers many women confront. Yet, the silver lining resides in AI's potential to empower and uplift women, even those at the most vulnerable rungs of the socio-economic ladder.

Striking the Balance: AI's Potential and Data Privacy Concerns

The conversation took a deep dive into data privacy and security, anchored by insights from Tyler Cohen Wood. While AI's promise spans across industries, the shadow of data privacy looms large. Melissa introduced solutions like IBM's Hyper Protect Services as a beacon for startups, offering them robust security in the cloud computing realm. However, as Helen Yu and Tyler pointed out, a blend of education and technology remains pivotal, especially as data breaches persist despite best efforts.

Envisioning AI’s Broad-Spectrum Impact on FinTech

Helen Yu encapsulated the transformative power of AI in reshaping key facets of FinTech, be it investment strategies, enhanced fraud detection mechanisms, or revolutionizing customer service. But it's not just about financial optimization; it's about ethical considerations and ensuring digital inclusivity.

AI, Jobs, and the Future Society

An often-debated topic is AI's influence on the job market. Helen Yu envisions AI as a job creator, not just a job replacer. However, challenges persist, especially when considering the skills gap, with a mere 30% of the US tech workforce equipped for AI-driven roles. Herein lies the emphasis on diversity in tech and creating solutions that are universally inclusive.

Beyond the Horizon: FinTech and the Web3 Revolution

In wrapping up our discussion, Helen introduced the audience to the next paradigm in finance: the blend of FinTech with Web3 solutions. With automation and digital assets taking center stage, the financial world as we know it stands on the precipice of a radical transformation.

Data and AI in Healthcare and IBM Z Day

Connect with the team:

Contact Avrohom:
Web: asktheceo.io
LinkedIn: https://www.linkedin.com/in/avrohom-gottheil/
Facebook: AvrohomGottheil
Twitter: @avrohomg
Instagram: @avrohomg

Contact Dr. Melissa Sassi:
Web: https://www.mlvp.io/
LinkedIn: https://www.linkedin.com/in/melissasassi/
Twitter: @mentorafrika
Instagram: @msassifrass

Contact Dr. Ryan Young:
Web: https://www.opollo.ai/
LinkedIn: https://www.linkedin.com/in/ryan-young-md/

Contact Tyler:
Web: https://www.darkcryptonite.com/
LinkedIn: https://www.linkedin.com/in/tylercohen78/
Twitter: @TylerCohenWood

Contact Dr. Harvey Castro:
Web: https://www.harveycastromd.info/
LinkedIn: https://www.linkedin.com/in/harveycastromd/
Twitter: @HarveycastroMD



INTERVIEW HIGHLIGHTS:

What are the keys to startup success?

How healthcare startups and leveraging their partnership with IBM to keep patient data safe & secure & enabling your ability to be compliant.

What is privacy-by-design and why does it matter to health-tech startups and technologists?

How do you see physicians and others in healthcare using Al, and how is it impacting quality of care and healthcare outcomes?

Watch the replay of IBM Z Day: https://ibmz.io/asktheceo

The Marriage of AI and Healthcare: Dr. Harvey Castro's Vision

At the outset, Dr. Harvey Castro, an experienced ER doctor and former CEO of a healthcare system, illuminated the scene by sharing his personal journey. The crossroads of AI and healthcare isn’t just a theoretical concept for Dr. Castro; it's a lived experience. His insights underscored the transformative potential AI has when fused with healthcare, especially in terms of improving patient outcomes.

The Road to Startup Success: Balancing Innovation with Privacy

The discussion then transitioned to the delicate balance startups need to strike between innovation and data privacy. The consensus? The key to startup success in health tech is to unlock revenue through meaningful enterprise partnerships while staunchly safeguarding sensitive data. A shining example of this principle in action is Opollo Technologies' collaboration with IBM. Their partnership aims to elevate data security and compliance standards, all while propelling revenue growth for healthcare facilities.

The Crucial Role of Data Security for Health Tech Startups

A noteworthy highlight was the emphasis on the importance of data security and privacy for emerging health tech startups. Risk-averse customers, especially in the medical field, need assurance that their data is in safe hands. Utilizing legal compliance mechanisms, intellectual property security, and technologies like IBM Hyper Protect can be game-changers in building this trust.

Adding to the discourse, Tyler Wood, the dynamic CEO of Dark Cryptonite, introduced us to their AI-powered browser. As a SaaS platform, it promises a future where data transfer in healthcare doesn’t come at the expense of privacy.

AI's Transformative Power in Healthcare

One sentiment echoed throughout our conversation: AI is poised to revolutionize healthcare. Dr. Castro envisions a future where AI doesn’t just assist but amplifies the capabilities of healthcare professionals. By enhancing diagnostic accuracy and furnishing healthcare providers with real-time, relevant information, AI could be the catalyst that propels healthcare quality to unprecedented heights.

A Glimpse into IBM's Vision at the IBM Z Day Conference

Melissa's heartfelt sharing about her struggles with vertigo resonated with many. Like countless others, she's hopeful about the promises technology offers for conditions like hers. The future seems even brighter with industry leaders like Dr. Harvey, Dr. Ryan, and more, working tirelessly to turn these promises into realities. Also, a special shout-out to Peter, Opollo's Chief Technology Officer, who will be sharing more on this at the upcoming IBM Z Day.

This episode features an informative discussion with Dr. Melissa Sassi, a venture partner at Machinelab Ventures and a formidable force in the field of sustainable development. As a globally-recognized figure who has visited 61 countries and devoted her doctoral thesis to digital inclusion and Sustainable Development Goals (SDGs), she offers a wealth of knowledge and unique perspectives.

In our conversation today, we delve into the core of SDGs, dissecting what they mean for our planet and for individuals around the world. We discuss the intertwining role of technology in achieving these goals and how it touches various aspects of our lives. We also explore the micro actions individuals can take towards these global objectives and the significance of digital inclusion in realizing them.

Dr. Sassi also provides critical insights into the business implications of supporting the Sustainable Development Goals, taking us through a holistic understanding of the interconnectedness between individuals, businesses, technology, and sustainable development.

This conversation aims to shed light on the steps we can take, both small and large, to contribute to a more sustainable and inclusive future. Join us as we navigate through these intriguing topics with Dr. Melissa Sassi.


Contact Melissa:
Web: https://www.mlvp.io/
LinkedIn: https://www.linkedin.com/in/melissasassi/
Twitter: @mentorafrika
Instagram: @msassifrass


Contact Avrohom:
Web: asktheceo.io
LinkedIn: https://www.linkedin.com/in/avrohom-gottheil/
Facebook: AvrohomGottheil
Twitter: @avrohomg
Instagram: @avrohomg




INTERVIEW HIGHLIGHTS:


[01:24] What are the SDGs, also known as sustainable development goals?

[03:54] You need to focus on the needs of the individual so they have space to focus on the greater global needs.

[05:45] How does Tech Impact The SDGs?

[09:45] What are the business implications of supporting the sustainable Development Goals

[15:27] Who is doing it right?

[18:57] Which ones of the SDGs would be your favorite and why?

[27:32] What does the future hold?

[30:29] Do you have any parting words of wisdom to share with the audience?

Watch this episode on YouTube: https://youtu.be/PWrysayLXB8

One of the topics on everyone’s minds is sustainability. There are many public initiatives focused on it, and it’s gained a lot of popularity over the past several years. With that in mind, I had the pleasure of speaking with Gina Kirby, Senior Sustainability Specialist for the Americas at Microsoft, to better understand the challenges enterprises face with their sustainability initiatives, as well as Microsoft's approach to addressing sustainability.

The key takeaways of the conversation are as follows:
Challenges of Sustainability in Enterprises: Enterprises face several challenges when implementing sustainability initiatives, including aligning their goals with their values, effectively gathering and reporting on data, and establishing clear baselines from which they can measure progress.

The Importance of Data in Achieving Sustainability Goals: Data plays a crucial role in helping businesses to attain their sustainability goals. It is important for companies to understand their starting point and the work they have ahead. However, the wealth of available information is often scattered across different sources, making it challenging to utilize effectively.

Microsoft's Approach and Collaboration: Microsoft's approach to sustainability involves constant evaluation in key areas like carbon, water, waste, and biodiversity. They also collaborate with a rich partner ecosystem to supplement their efforts and knowledge across various industries, highlighting the importance of cooperation in achieving sustainability goals.

Contact Gina:
Web: https://www.microsoft.com/en-us/sustainability/cloud
LinkedIn: https://www.linkedin.com/in/ginakirby/
Twitter: @GKirby1
Customer Success Stories: https://customers.microsoft.com/en-us/story/1440791749208958419-grupo-bimbo-consumer-goods-microsoft-cloud-for-sustainability


Contact Avrohom:
Web: https://asktheceo.biz
LinkedIn: https://www.linkedin.com/in/avrohom-gottheil/
Facebook: AvrohomGottheil
Twitter: @avrohomg
Instagram: @avrohomg




INTERVIEW HIGHLIGHTS:


[00:31] One of the topics on everyone’s minds is sustainability. As you know, there are many public initiatives focused on it, and it’s gained a lot of popularity over the past several years. What are some of the challenges enterprises face with their sustainability initiatives

[01:24] What are some of the ways business go about attaining their sustainability goals?

[03:54] What is Microsoft’s approach to address sustainability?

[05:02] Can you share some case studies?

[07:18] How can people connect with you to learn more about Microsoft's sustainability initiatives?

[08:04] Do you have any parting words of wisdom to share with the audience?

Watch this episode on YouTube: https://youtu.be/Nj-XMDjSxD0

This episode is sponsored by Intel®


Intel® just launched its 4th Generation Xeon® Scalable processor, which is geared towards its Enterprise customer base. To learn more about how Intel solves sustainability challenges, I had a conversation with Stephanie Schmidt, who is the Senior Director, Data Center Product Sustainability with Intel.

The key takeaways of the conversation are as follows:
• Sustainability is a key issue: With the increasing demand for compute, data center energy consumption, waste, and water use are also growing, making sustainability a critical consideration for enterprises. Inefficient infrastructure can emit increasing amounts of carbon, especially as compute demand increases, creating a big challenge for enterprises.
• Sustainability can drive business growth: Sustainability can be a differentiator for businesses and lead to new monetization opportunities. It reduces costs, drives value, and is a huge driver for innovation, making it a selling point for sustainable products and solutions.
• Energy efficiency is driving tech innovation: Sustainability is driving tech innovation and new solutions. For example, AI-based telemetry and immersion cooling can reduce electricity consumption, and modularity can reduce carbon footprint. Intel offers software that autonomously and continuously optimizes applications in the cloud, reducing CPU utilization while still meeting performance and latency goals.


Contact Stephanie:
Web: https://intel.com/
LinkedIn: https://www.linkedin.com/in/stephanie-schmidt-sustainability/


Contact Avrohom:
Web: https://asktheceo.biz
LinkedIn: https://www.linkedin.com/in/avrohom-gottheil/
Facebook: AvrohomGottheil
Twitter: @avrohomg
Instagram: @avrohomg




INTERVIEW HIGHLIGHTS:

[00:31] One of the topics on everyone’s minds is sustainability. As you know, there are many public initiatives focused on it. We have the United Nations’ Sustainable Development Goals, as well as many individual government initiatives that are focused on the health of our planet. With that on our minds, what are some of the challenges enterprises face when considering options for refreshing their aging infrastructure?

[03:53] What are some of the ways businesses go about attaining their sustainability goals, while still keeping their CFO happy because at the end of the day, it’s the economics that will drive the growth of their business?

[08:17] Can you share some case studies on how the 4th generation Intel scalable processor addresses sustainability?

[11:32] How can people connect with you to learn more about the 4th generation Xeon scalable processor?

[12:33] Do you have any parting words of wisdom to share with the audience?


Watch this episode on YouTube: https://youtu.be/2xYgEp7lmo8

This episode is sponsored by Intel®.

Discover how the 4th Gen Intel Xeon Processor is revolutionizing enterprise security with advanced threat protection, cloud security, and hardware security. Learn how to improve your IT infrastructure and protect your organization from cyber threats with this powerful solution.

To learn more about how Intel solves enterprise security challenges, I had a conversation with Brian Richardson, who is the Security Marketing Lead for Intel Data Center & AI (DCAI) Marketing Product Strategy.


The key takeaways of the conversation are as follows:

• The main challenges that enterprises face in securing their infrastructure are the increasing number of cyberattacks, increasing regulation, and increased security spending. The traditional software approach to cyber security is no longer enough to stop attacks, which are becoming increasingly more sophisticated.
• Confidential computing is a newer approach to protect data when it is in use, not just at rest or in transit, which is being focused on by Intel and the industry.
• The fourth-generation Intel Scalable Processor addresses enterprise security needs by using technology, such as Intel SGX or Software Guard Extensions, to protect data in use.


Contact Brian:
Web: https://intel.com/ConfidentialComputing
LinkedIn: https://www.linkedin.com/in/richardsonbrian/
Twitter: @Intel_Brian

Contact Avrohom:
Web: https://asktheceo.biz
LinkedIn: https://www.linkedin.com/in/avrohom-gottheil/
Facebook: AvrohomGottheil
Twitter: @avrohomg
Instagram: @avrohomg


INTERVIEW HIGHLIGHTS:

[00:30] Intel just launched its 4th generation Xeon scalable processor, which is geared towards its Enterprise customer base. One of the topics on everyone’s minds is security. As you know, data breaches are, unfortunately, a very common occurrence, and with that comes the risk of ransomware shutting down businesses and public services, not to mention the damage done to its reputation, which is virtually incalculable. With that on our minds, what are some of the challenges enterprises face when it comes to securing their infrastructure?

[03:21] What are some of the ways enterprises go about solving their security challenges?

[06:35] How does the 4th generation Intel scalable processor address enterprise security needs?

[08:45] Can you share some case studies of the 4th generation Intel Xeon scalable processor in action?

[12:57] How can people connect with you to learn more about the 4th generation Xeon scalable processor?

[13:45] Do you have any parting words of wisdom to share with the audience?

Watch this episode on YouTube: https://youtu.be/i9PrWw4ljeg