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TechCrunch+ roundup: 20 questions VCs ask, crypto compliance tips, Indian investor survey

TechCrunch

Facing a tangle of state and federal legislation, inadequate compliance can quickly generate regulatory hassles and undermine customer confidence. seed deck TechCrunch+ roundup: 20 questions VCs ask, crypto compliance tips, Indian investor survey by Walter Thompson originally published on TechCrunch

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10 most used gen AI tools in the enterprise

CIO

Gen AI has entered the enterprise in a big way since OpenAI first launched ChatGPT in 2022. Launched in 2022, its the most-used gen AI tool in the enterprise, with 62% of respondents to the recent Wharton survey saying they currently use it and 28% saying they dont currently use it but are evaluating or testing it.

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Stripe has laid off employees behind TaxJar, a tax compliance startup it acquired last year

TechCrunch

Stripe has laid off some of the employees who support TaxJar, a tax compliance startup that it acquired last year, TechCrunch has learned from multiple sources and firsthand documentation. Global fintech funding in the second quarter of 2022 fell 33% to $20.4 billion raised across 1,287 deals in Q2 2021.

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Droit, a regulatory compliance platform used by major banks, raises $23M

TechCrunch

Droit , a regulatory compliance platform used by finance heavyweights such as Wells Fargo, Goldman Sachs, and UBS, has raised $23 million in a Series B round of funding. Droit, a regulatory compliance platform used by major banks, raises $23M by Paul Sawers originally published on TechCrunch

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10 AI strategy questions every CIO must answer

CIO

ChatGPT set off a burst of excitement when it came onto the scene in fall 2022, and with that excitement came a rush to implement not only generative AI but all kinds of intelligence. Are we prepared to handle the ethical, legal, and compliance implications of AI deployment? What are we trying to accomplish, and is AI truly a fit?

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Sequoia and Andreessen Horowitz invested more in fintech than any other sector in 2022

TechCrunch

There’s a lot of fintech news out there and it’s my job to stay on top of it — and make sense of it — so you can stay in the know. — Mary Ann Storied venture firms Sequoia Capital and Andreessen Horowitz (a16z) invested more in fintech than any other category in 2022, according to research from CB Insights.

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Western sanctions against Russia: Tips for tech companies managing compliance risk

TechCrunch

One significant example of this is Russia’s drone program, with a December 2022 expose describing U.S. Western sanctions against Russia: Tips for tech companies managing compliance risk by Walter Thompson originally published on TechCrunch As the war in Ukraine rages on, authorities are cracking down on the smuggling of U.S.