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Startup News—nripn—January 18, 2025
Amazon has agreed to acquire Axio, Indian buy now, pay later startupthereby strengthening its presence in financial services in one of its fastest growing markets. The e-commerce group, which has held a stake in Axio for six years, signed the acquisition agreement in December after carrying out due diligence, the Indian startup announced. said in
AI in Finance—nripn—January 18, 2025
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Startup News—nripn—January 18, 2025
A slew of financial technology Startups that offered short-term credit, mainly to office workers, are abandoning or scaling back their offerings as the central bank tightens its standards for short-term unsecured loans, people familiar with the matter said.Fintech startup Uni Cards, which offered a “payday advance” product called Paychek, recently discontinued the product. In communication
Market Rumors—nripn—January 18, 2025
THE Ripple vs. SEC Lawsuit Continues headlines, with speculation about a possible settlement gaining momentum. Former SEC attorney Marc Fagel believes a settlement is likely, especially with the new Trump administration and new SEC president, Paul Atkins possibly choose not to appeal. This could bring much-needed regulatory clarity to Ripple and XRP, improving their prospects.
Startup News—nripn—January 18, 2025
Mumbai: Travel-fintech startup Scapia has launched artificial intelligence-based visa application and train booking services, expanding deeper into the travel segment after its credit card business was blocked by regulatory obstacles. Access to Scapia's platform, however, remains restricted to cardholders, although the company plans to expand its customer base through a referral program later this year,
Technology Innovations—nripn—January 18, 2025
LOS ANGELES, March 14, 2024 (GLOBE NEWSWIRE) - FinTech Breakthroughan independent market intelligence organization that recognizes the best companies, technologies and products in the global FinTech market, announced today Fidelity Investments'® Removing Student Debt solution was selected as the winner of the “Student Loan Innovation Award” on 8th annual FinTech Breakthrough Awards program. The Fidelity
AI in Finance—nripn—January 18, 2025
TYSONS CORNER, Virginia, January 15, 2025-(BUSINESS FEED)-BigBear.ai (NYSE: BBAI) today announced that the Board of Directors has appointed Kevin McAleenan as Chief Executive Officer and Member of the Board of Directors, effective January 15, 2025, succeeding Mandy Long. Mandy Long will step down from her role as CEO and board of directors to become an
Jobs Market News—nripn—January 18, 2025
KUALA LUMPUR (January 17): Hong Leong Bank Bhd (KL:HHL BANK) announced on Friday that it had signed a cooperation agreement with WeBank Technology Services, a subsidiary of WeBank, China's largest digital bank. The bank aims to increase operational efficiency and leverage artificial intelligence (AI), Hong Leong Bank said in a statement. Hong Leong Bank will
Market Rumors—nripn—January 18, 2025
HBAR soared 20%, driven by a new partnership in the RWA tokenization market and rumors of an upcoming HBAR ETF. Hedera (HBAR) rallied for four straight days to reach a 38-month high of $0.399 on January 17, with its market cap briefly surpassing Stellar Lumens (XLM) before settling at $14.5 billion at press time. HBAR's
AI in Finance—nripn—January 18, 2025
Healthcare Finance NewsChildren's National had a clear vision of an AI leader. The hospital was looking for someone to lead the data, analytics and AI capabilities and combine that with operations, says Alda Mizaku,…1 day ago
AI in Finance—nripn—January 18, 2025
(Bloomberg) - Taiwan Semiconductor Manufacturing Co. forecast quarterly sales and capital spending above analyst estimates, fueling hopes that spending on AI hardware is expected to remain resilient in 2025. Most read on Bloomberg The main chipmaker of Apple Inc. and Nvidia Corp. plans to spend between $38 billion and $42 billion on technology and capacity
Startup News—nripn—January 18, 2025
YES Bank, in collaboration with the Reserve Bank Innovation Hub (RBIH) and SP Jain Institute of Management and Research (SPJIMR), announced the launch of the Frictionless Finance Accelerator program. This initiative, unveiled on National Startup Day, aims to help fintech startups address critical challenges, scale their innovations and drive financial inclusion. The startup ecosystem in
