{"id":274724,"date":"2025-10-03T14:08:10","date_gmt":"2025-10-03T14:08:10","guid":{"rendered":"https:\/\/www.europesays.com\/us\/274724\/"},"modified":"2025-10-03T14:08:10","modified_gmt":"2025-10-03T14:08:10","slug":"backlash-brews-over-large-scale-exiting-of-ai-skeptics-does-the-subscription-economy-offer-banks-an-opportunity","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/274724\/","title":{"rendered":"Backlash brews over large-scale &#8216;exiting&#8217; of AI skeptics; Does the &#8216;subscription economy&#8217; offer banks an opportunity?"},"content":{"rendered":"<p>\n          <a href=\"https:\/\/www.linkedin.com\/redir\/redirect?url=https%3A%2F%2Fwww%2Eamericanbanker%2Ecom%2Fdaily-briefing-signup%3Futm_source%3Dlinkedin%26utm_medium%3Dnewsletter%26utm_campaign%3Dbankers-hours&amp;urlhash=AXmP&amp;trk=article-ssr-frontend-pulse_little-text-block\" target=\"_blank\" data-tracking-control-name=\"article-ssr-frontend-pulse_little-text-block\" data-tracking-will-navigate=\"\" data-test-link=\"\" rel=\"nofollow noopener\">Sign up here<\/a> to receive American Banker&#8217;s complete Bankers&#8217; Hours newsletter \u2014 delivered to your inbox every morning\n        <\/p>\n<ul>\n<li>Key Insight: Americans are increasingly overwhelmed by all their digital subscriptions, leaving an opening for banks to help organize and save money on them.<\/li>\n<li>Supporting Data: In 2022, the average U.S. consumer thought they spent $86 per month on their subscriptions, but actually spent $219 per month.<\/li>\n<li>Expert Quote: &#8220;We all have so many subscription services, it becomes largely unmanageable,&#8221; said Paul Larbey, CEO of Bango. &#8220;There&#8217;s a massive value in being able to bring all those together.&#8221;<\/li>\n<li><a href=\"https:\/\/www.linkedin.com\/redir\/redirect?url=https%3A%2F%2Fwww%2Eamericanbanker%2Ecom%2Fnews%2Fdoes-the-subscription-economy-offer-banks-an-opportunity%3Futm_source%3Dlinkedin%26utm_medium%3Dnewsletter%26utm_campaign%3Dbankers-hours&amp;urlhash=k9Ee&amp;trk=article-ssr-frontend-pulse_little-text-block\" target=\"_blank\" data-tracking-control-name=\"article-ssr-frontend-pulse_little-text-block\" data-tracking-will-navigate=\"\" data-test-link=\"\" rel=\"nofollow noopener\">Read More<\/a><\/li>\n<\/ul>\n<ul>\n<li>Key Insight: Recruitment processes at investment banks have shifted earlier, often beginning during college students&#8217; sophomore year.<\/li>\n<li>What&#8217;s at Stake: The intense competition for young talent has made it unlikely that banks will ease up on recruitment practices.<\/li>\n<li>Supporting Data: Investment banking jobs have increased at a far faster clip than overall employment.<\/li>\n<li><a href=\"https:\/\/www.linkedin.com\/redir\/redirect?url=https%3A%2F%2Fwww%2Eamericanbanker%2Ecom%2Fnews%2Fwhy-no-one-can-end-the-investment-banking-recruiting-war%3Futm_source%3Dlinkedin%26utm_medium%3Dnewsletter%26utm_campaign%3Dbankers-hours&amp;urlhash=l53e&amp;trk=article-ssr-frontend-pulse_little-text-block\" target=\"_blank\" data-tracking-control-name=\"article-ssr-frontend-pulse_little-text-block\" data-tracking-will-navigate=\"\" data-test-link=\"\" rel=\"nofollow noopener\">Read More<\/a><\/li>\n<\/ul>\n<ul>\n<li>Key insights: Visa is launching a stablecoin prefunding pilot for accounts-based transfers through Visa Direct.<\/li>\n<li>What&#8217;s at stake: Payment companies have been rushing to identify the first scalable use cases for stablecoins following the passage of the GENIUS Act.\u00a0<\/li>\n<li>Forward look: The pilot is expected to be available on a limited basis in April 2026.<\/li>\n<li><a href=\"https:\/\/www.linkedin.com\/redir\/redirect?url=https%3A%2F%2Fwww%2Eamericanbanker%2Ecom%2Fpayments%2Fnews%2Fvisa-to-open-visa-direct-to-stablecoins%3Futm_source%3Dlinkedin%26utm_medium%3Dnewsletter%26utm_campaign%3Dbankers-hours&amp;urlhash=yxLt&amp;trk=article-ssr-frontend-pulse_little-text-block\" target=\"_blank\" data-tracking-control-name=\"article-ssr-frontend-pulse_little-text-block\" data-tracking-will-navigate=\"\" data-test-link=\"\" rel=\"nofollow noopener\">Read More<\/a><\/li>\n<\/ul>\n<ul>\n<li>Key insight: The European Central Bank is building a centralized fraud detection system to support payment providers and secure every digital euro transaction.<\/li>\n<li>What&#8217;s at stake: Establishing widespread user trust and security in a potential digital euro is paramount for digital euro adoption and success.<\/li>\n<li>Forward look: Development of the newly awarded functions is expected to take approximately two years, after which a phased rollout will begin.<\/li>\n<li><a href=\"https:\/\/www.linkedin.com\/redir\/redirect?url=https%3A%2F%2Fwww%2Eamericanbanker%2Ecom%2Fnews%2Feu-central-bank-taps-feedzai-for-digital-euro-fraud-shield%3Futm_source%3Dlinkedin%26utm_medium%3Dnewsletter%26utm_campaign%3Dbankers-hours&amp;urlhash=bgQa&amp;trk=article-ssr-frontend-pulse_little-text-block\" target=\"_blank\" data-tracking-control-name=\"article-ssr-frontend-pulse_little-text-block\" data-tracking-will-navigate=\"\" data-test-link=\"\" rel=\"nofollow noopener\">Read More<\/a><\/li>\n<\/ul>\n<ul>\n<li>Key insight: Firms are using AI adoption to justify large-scale workforce exits.\u00a0\u00a0<\/li>\n<li>What&#8217;s at stake: Institutional knowledge loss, culture erosion and competitive agility are all at risk.\u00a0\u00a0<\/li>\n<li>Forward look: Expect mandatory AI training and role redesigns to proliferate industry-wide.<\/li>\n<li><a href=\"https:\/\/www.linkedin.com\/redir\/redirect?url=https%3A%2F%2Fwww%2Eamericanbanker%2Ecom%2Fnews%2Fbacklash-brews-over-large-scale-exiting-of-ai-skeptics%3Futm_source%3Dlinkedin%26utm_medium%3Dnewsletter%26utm_campaign%3Dbankers-hours&amp;urlhash=L984&amp;trk=article-ssr-frontend-pulse_little-text-block\" target=\"_blank\" data-tracking-control-name=\"article-ssr-frontend-pulse_little-text-block\" data-tracking-will-navigate=\"\" data-test-link=\"\" rel=\"nofollow noopener\">Read More<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"Sign up here to receive American Banker&#8217;s complete Bankers&#8217; Hours newsletter \u2014 delivered to your inbox every morning&hellip;\n","protected":false},"author":3,"featured_media":274725,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[691,738,158,67,132,68],"class_list":{"0":"post-274724","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-technology","11":"tag-united-states","12":"tag-unitedstates","13":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115310631536398454","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/274724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=274724"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/274724\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/274725"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=274724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=274724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=274724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}