MrBeast just bought a banking app

Beast Industries, owned by YouTuber Jimmy “MrBeast” Donaldson, announced on Monday that it has acquired Step, a banking app designed for teens and young adults. The move comes a couple of months after Donaldson announced plans to start a new YouTube channel centered on personal finance and investing. His main channel has 466 million subscribers…

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What AI builders can learn from fraud models that run in 300 milliseconds

Fraud protection is a race against scale.  For instance, Mastercard’s network processes roughly 160 billion transactions a year, and experiences surges of 70,000 transactions a second during peak periods (like the December holiday rush). Finding the fraudulent purchases among those — without chasing false alarms — is an incredible task, which is why fraudsters have…

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