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AI in Finance—nripn—October 28, 2024
ADIPEC, the world's largest energy event, announced that its historic 40th edition will bring together the global energy industry to explore the key role of artificial intelligence (AI) and finance in acceleration of the global energy transition. It will also include three new conferences with new voices from finance, technology, youth and the Global South
Startup News—nripn—October 28, 2024
Startups in the Ag Marketplaces & Fintech category have taken the top spot in funding in recent months, surpassing the Midstream Tech category in 2023 and bringing in $65 million, or 41% of total investment on the continent until present in 2024* according to the report recently published by AgFunder. Africa Agri-Food Technology Investment Report
AI in Finance—nripn—October 28, 2024
Hong Kong has unveiled its first guidelines for “responsible” application of artificial intelligence (AI) in the financial sector. Announced at the annual FinTech Week, these AI guidelines aim to help financial institutions harness the transformative potential of AI while preserving data privacy, cybersecurityAnd intellectual property. In leading this initiative, the Hong Kong government is establishing
AI in Finance—nripn—October 28, 2024
Hong Kong regulators are considering expanding tax breaks to include digital assets such as crypto and the use of artificial intelligence technology in financial sectors. According to an October 28 Bloomberg report, that of Hong Kong Financial Services and Treasury Secretary Christopher Hui said Hong Kong regulators had proposed an extension of tax relief laws
Jobs Market News—nripn—October 28, 2024
Traction applicationsa Nigerian fintech startup, has confirmed in a statement to Techpoint Africa that it will lay off some employees following its recent acquisition by OmniRetail. The company said the decision was partially influenced by the acquisition. “Following the acquisition of Traction Apps, as with all mergers and integrations, we are optimizing certain departments to
AI in Finance—nripn—October 28, 2024
American companies already dominate the global stock market in terms of size. A new chart from JPMorgan Asset Management shows this trend is likely to continue. The company attributes the boom to artificial intelligence. In the long-term capital market assumptions for 2025 released Monday by JPM, the team projects that the share of U.S. companies'
Startup News—nripn—October 28, 2024
Payments and lending startup Slice has completed its merger with North East Small Finance Bank (NESFB), creating a unified banking entity, effective October 27, 2024. “For more than a year, the slice and NESFB teams have worked tirelessly to make this merger a reality. Today, we are thrilled to be at the starting line of
Market Insights—nripn—October 28, 2024
DNA Financial Solutions, a mortgage and insurance broker, has unveiled a new financial technology company to enhance its current service offering. It created Mogul, a finance and insurance comparison tool, in partnership with its sister software company, Roco Technology Group. Mogul, officially launched this weekend, is a self-driving platform serving investors, business owners and entrepreneurs
Startup News—nripn—October 28, 2024
Indian fintech startup Slice has completed its merger with North East Small Finance Bank, marking a rare example of a startup successfully entering India's tightly regulated banking sector. The merger, first offered last yearis transforming the Bangalore-based startup into a banking entity, after months of regulatory scrutiny that reshaped India's fintech landscape. Slice, which previously
AI in Finance—nripn—October 28, 2024
The CEO of an AI robotics company she ran from an apartment in Miami was better at hiding truths about the company's progress, herself and how investors' money was being spent than to guide the company to produce the service robot it had promised investors. At least that's what a Securities and Exchange Commission complaint
Jobs Market News—nripn—October 28, 2024
The 2024 report highlights that Fintech founders diligently improved their results in 2024 despite a 91% drop in investments since the 2021 peak. SAN FRANCISCO, October 23, 2024 /PRNewswire/ - While fintech companies face significant headwinds – from high interest rates to increasing regulatory scrutiny – they are also finding opportunities in 2024, according to
AI in Finance—nripn—October 27, 2024
Predictive analytics and machine learning are among the most important trends in AI for financial markets. Large data sets can be analyzed in real time using these AI systems. Predictive analytics also helps identify patterns and correctly predict market movement. These systems predict future trends using historical stock prices, company earnings reports, social media sentiment,
