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Startup News—nripn—November 19, 2024
Fintech startup representatives at VSV Capital Demo Day on November 11, 2024. Photo courtesy of VSV Capital The Global Market Expansion Program (GMEP), funded by the Korea Institute of Startup and Entrepreneurship Development (KISED) under South Korea's Ministry of SMEs and Startups, aims to help startups grow internationally. This initiative, now in its second year
AI in Finance—nripn—November 19, 2024
It's no secret that in recent years, investors have become increasingly curious about the prospects of artificial intelligence (AI). That said, I found much of the discussion around AI to be largely redundant. Software companies are touting how AI-powered services can drive higher levels of productivity in the workplace, while hardware and infrastructure players essentially
Regulatory Updates—nripn—November 19, 2024
Brief On July 26, 2024, the Monetary Authority of Singapore (MAS) updated the Licensing Guidelines for Payment Service Providers (PS-G01) (“Guidelines"), which came into force on August 26, 2024. These changes are applicable to current and future Standard Payment Institutions (SPIs) and Large Payment Institutions (MPIs) under the Payment Services Act (PSA) . The updates
Startup News—nripn—November 19, 2024
PeLocal, a payment solutions provider within Whatsapp, raised $2 million in seed funding funding round led by Unicorn India Ventures. The startup plans to use the capital raised to develop and improve the platform and also help accelerate go-to-market strategies for large-scale project deployment. What does PeLocal do? Founded in 2021 by Vivekanand Tripathi (Founder
AI in Finance—nripn—November 19, 2024
(Bloomberg) - Shares of Samsung Electronics Co. jumped after South Korea's largest company announced a surprise plan to buy back about 10 trillion won ($7.2 billion) of its own shares at the price. of next year. Most read on Bloomberg The stock rose 7.5% Monday in Seoul, adding to a 7.2% jump Friday before the
Startup News—nripn—November 19, 2024
PeLocal's vision is to become the leading WhatsApp-based ticketing provider in various Indian states and organizations, while driving the adoption of utility payments through WhatsApp. PeLocal, a payment solutions provider within WhatsApp, has raised $2 million in seed funding led by Unicorn India Ventures. The funds raised will be used to expand and improve the
AI in Finance—nripn—November 19, 2024
We recently published a list of 15 AI News That Disrupted the Internet This Week. In this article, we'll take a look at where NVIDIA Corporation (NASDAQ:NVDA) stacks up to other AI news breaking the internet this week. AI trends are sweeping markets around the world. On November 14, TikTok, the popular social media app
Jobs Market News—nripn—November 19, 2024
We're already accustomed to FinTech ━ we use it every day, whether it's checking bank accounts on our smartphones or chatting with an AI chatbot about a common financial problem. The industry has changed dramatically in recent years as marketers have seen the opportunity to take advantage of customer-facing services and deliver them quickly and
Technology Innovations—nripn—November 19, 2024
EFT Company (EFTCorp) and Visa announced a 5-year cooperation to transform the digital payments landscape in Africa. This alliance aims to increase financial inclusion and implement sophisticated payment solutions across the continent. This partnership will provide fintech access to comprehensive prepaid and debit card programs tailored to diverse consumer needs, EFTCorp will serve as the
Jobs Market News—nripn—November 19, 2024
Free newsletter Get the latest Fintech Singapore news delivered to your inbox once a month HSBC Holdings is asking hundreds of managers to reapply for their jobs at the new corporate and institutional banking (CIB) division, sources said. Bloomberg. Georges Elhédéry The mandate, part of CEO Georges Elhedery's overhaul of the bank, aims to reduce
Regulatory Updates—nripn—November 19, 2024
Free newsletter Receive the latest Swiss Fintech news once a month in your inbox The regulatory landscape for cryptocurrencies has undergone a significant transformation in 2024, with the European Union (EU) taking the lead through landmark initiatives such as the Markets in Crypto Assets (MiCA) Regulation, but also stablecoin guidelines as well as updates to
Startup News—nripn—November 19, 2024
Aquariux, a proud member of the Singapore Fintech Association and recipient of the Global Best White Label Solution Award in June 2024, is a leading fintech company offering comprehensive software solutions as a service. Their suite includes trading platforms and payment gateways for traditional and digital assets. We specialize in providing tailored, scalable solutions to
