Business of Searching - Issue #493 November 7th, 2024

Searching for a new search experience, OpenAI has introduced SearchGPT, challenging Google’s search dominance with an AI-driven, ad-free alternative. While promising a cleaner interface and conversational responses, SearchGPT has yet to match Google’s depth in real-time data and precision. It’s a bold move that underscores the evolving role of AI in redefining how businesses and users find what they seek.

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Searching for financial freedom, Shopify’s new funding solutions and Moniepoint’s unicorn status underscore the drive to make finance more accessible. Shopify Finance offers businesses streamlined access to capital, while Moniepoint’s ascent highlights the growth of African fintech. These developments reflect a broader shift as companies push to meet funding needs across diverse, rapidly changing markets.

Compliance is a key team that ensures Revolut’s products and processes meet the regulatory requirements and translate this into the best customer outcomes.

VP, Partnerships - EMEAWe’re seeking an experienced and driven executive to lead our partnerships team in EMEA. This is a senior multi-faceted role in which you and your team will be responsible for building our EMEA and global partnerships, working closely with key product, sales, and other leaders to drive growth.

You will lead a delivery team that is building the Commerce Hub platform. You will develop and implement a comprehensive strategy to improve the operational performance of product development team.

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Searching for a substitute, U.S. regulators debate potential successors to SEC Chair Gary Gensler, with pro-crypto contenders like Hester Peirce in the mix. As crypto regulations remain in flux, this leadership choice could tip the balance between innovation and oversight, setting a new direction for the SEC and digital assets in the U.S.

Searching for data-driven growth, the Middle East’s banks are leveraging transaction data to enhance customer engagement and develop targeted products. Inspired by global advances, MENA institutions explore new ways to transform raw data into meaningful insights. However, consolidating and cleansing data remains crucial to fully unlocking its potential as a revenue stream and competitive advantage.

Searching for inclusive solutions, LOLC Tech is advancing fintech with a focus on accessibility and sustainability. Through partnerships with Oracle and Microsoft, the firm brings financial services to emerging markets in Asia and Africa, blending digital transformation with a commitment to social impact. It’s a search that reflects fintech’s dual mission: to innovate while expanding financial access for all.

Searching for clarity in small business lending, fintech innovators aim to solve longstanding issues of transparency and cash flow management. With AI-driven insights, lenders now have tools to create a “truth file” for assessing a business’s health. This new level of clarity could redefine risk assessment and open up more tailored credit options for small businesses.