Built financial transaction AI + building financial agents, thinking about workflow automation. Founder person.

New York, USA
Joined September 2014
Ed Mass retweeted
Autism Capital 🧩
@AutismCapital5 Feb 2025
Alex Jones was ahead of his time.
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Peter Thiel on pivoting and PayPal’s early failure “When we started PayPal, the initial product was an infrared-beaming device on Palm Pilots for sending money. It was voted one of the 10 worst business ideas in 1999. And 1999 was a year when there were many bad ideas in technology… But the team was good… It’s not like you only get one chance. You get many chances so long as you keep trying. If you get hung up on failure, and if you think you don’t have another chance, that’s when you really don’t.” One lesser-known fact about the PayPal pivot is that the idea didn’t come from the cofounders, Peter Thiel and Max Levchin. It came from David Sacks who was fresh out of Stanford Law School and a one year stint at McKinsey. Sacks was the one who finally persuaded a reluctant Levchin that beaming money between Palm Pilots was a bad idea. Instead, he argued, they should focus on sending money via email. A talented team and getting multiple shots on goal turned out to be the difference between startup failure and a $1.5 billion exit to eBay. Video source: @CBSNews (2012)
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The heliosphere is the outermost layer of the Solar System and protects the planets from powerful cosmic events like supernovae. This artist’s visualization shows its possible shape [📹 Star Walk]
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As we head into 2024, here are some of our favorite podcasts we did to end the year on the Fintech Blueprint: Advancing Bitcoin with Lightning, Inscriptions, and L2s, with @Blockstream's Chief Product Officer Jeff Boortz How @animocabrands built an empire at the intersection of Gaming and Finance, with Animoca Brands Chairman @ysiu Can open banking power AI-based finance?, with Bud CEO @hyper_ed Bringing @MetaMask to the next billion users, with Agoric CEO Dean Tribble and MetaMask Co-Founder @danfinlay Listen on your favorite podcast player or subscribe here: lex.substack.com/podcast I hope you a have a wonderful end to the year and am excited for 2024!
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I am hearing rumors that the CFPB open banking rules (Dodd-Frank 1033) are dropping tomorrow. We are going to have a Twitter Spaces session with a group of experts to discuss once this drops. Stay tuned.
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With many 🧩 dropping recently, a more complete picture is emerging of LLMs not as a chatbot, but the kernel process of a new Operating System. E.g. today it orchestrates: - Input & Output across modalities (text, audio, vision) - Code interpreter, ability to write & run programs - Browser / internet access - Embeddings database for files and internal memory storage & retrieval A lot of computing concepts carry over. Currently we have single-threaded execution running at ~10Hz (tok/s) and enjoy looking at the assembly-level execution traces stream by. Concepts from computer security carry over, with attacks, defenses and emerging vulnerabilities. I also like the nearest neighbor analogy of "Operating System" because the industry is starting to shape up similar: Windows, OS X, and Linux <-> GPT, PaLM, Claude, and Llama/Mistral(?:)). An OS comes with default apps but has an app store. Most apps can be adapted to multiple platforms. TLDR looking at LLMs as chatbots is the same as looking at early computers as calculators. We're seeing an emergence of a whole new computing paradigm, and it is very early.
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Ed Mass retweeted
Don’t miss our first-ever live demo, happening at #EmpireFinTech at #NYFintechWeek this week! Meet us in the Hot Startups session at 1:05pm, where our CEO @hyper_ed will be hosting our live demo and Q&A. We look forward to seeing you there!👏
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The day is upon us!!!! #BankersLikeUs has landed and I cannot wait to see you all at the launch tonight @TanyaBankTech @FinTech_Futures thank you so much for hosting #ledawrites AND my dream come true evening 🥂
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We've teamed up with fintech @this_is_bud to offer open banking access for our workplace pension clients. Members can see all their connected bank accounts in one place, assess trends in their spending and income, and identify opportunities to save through smart notifications.
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“This is the biggest bet that's been placed on someone going after the intelligence piece of open banking” Great to hear from @this_is_bud co-founder and CEO @hyper_ed about Bud's $80m raise and its plans for international expansion later this year altfi.com/article/9345_bud-n…
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Ed Mass retweeted
📊 Most lenders want to know the same 4 key stats before they start using #OpenBanking to improve #affordability assessments. So here they are - check out the blog to learn more. 👉hubs.la/Q017WFxr0
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Ed Mass retweeted
📈 Over the last 6 months, Street UK has been using #OpenBanking to transform its #affordability assessment process. The result - an 84% increase in the number of applications processed. More on how they did it on the blog. 👇hubs.la/Q017hhZD0
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This has made my day.
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Ed Mass retweeted
👋 Got 2 mins? We've been nominated for ✨Tech Partner of the Year✨at the British Banks Awards and we need your help to win! Let the team know why we're worthy winners. 💰Voters are also eligible for a £1000 cash prize. Get voting at: hubs.la/Q0121L-00
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Ed Mass retweeted
🚨 🚨 One to watch for wealth managers. #OpenFinance is more or less inevitable now so it's great to be able to say that we've been selected to take part in the alpha phase of the pensions dashboard project. More here 👇 hubs.la/Q010TKjJ0 #fintech #openbanking
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Ed Mass retweeted
🚨 NEW FEATURE DROP 🚨 We work hard to provide our clients with the flexibility to customise and build on our platform. That's why we developed Custom Insights, a set of new endpoints for Signal that allow you to create your own tailored insights. Link 👇 hubs.la/H0-cX_y0
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Ed Mass retweeted
The credit application system is broken. With #OpenBanking, you can avoid lengthy delays, boost your decision making and determine affordability in minutes. To learn more, download our guide to Open Banking for #affordability and credit risk now. hubs.la/H0PNV7P0
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We. Are. Live. Thank you to the whole team who pulled together when things got weird last year. techcrunch.com/2021/02/16/fr…
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Ed Mass retweeted
Whatever it is that #BuildingSocieties are doing to build trust amongst customers, we should all do more of it. Check out the latest data here on the opportunity for trusted institutions to capitalise on #openbanking hubs.ly/H0qS4BF0
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