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Startup News—nripn—October 9, 2024

South African fintech startup Scale, an issuer orchestration platform and payments tool, has raised US$700,000 in pre-seed funding to accelerate its expansion into Kenya, Ivory Coast and Zambia . Founded last year by Miranda Perumal, Ladder specializes in issuing cards that help fintechs achieve their go-to-market and speed-to-revenue strategies, leveraging their expertise and innovative technology

Technology Innovations—nripn—October 9, 2024

Delaware has been a financial business technology hub for years, but it's projects like Fintech CAFE that are putting the state on the map as a place for fintech entrepreneurs. After a successful first cohort this spring, the Fintech CAFE accelerator returns for the fall. It gives fintech startups in financial stocks the opportunity to

AI in Finance—nripn—October 9, 2024

Big tech companies are betting that a new wave of smaller, more precise AI models will be more effective in meeting the needs of businesses in industries like law, finance and healthcare. Jaap Arriens | NurPhoto via Getty Images LONDON — More and more financial services companies touting the benefits of artificial intelligence when it

Technology Innovations—nripn—October 9, 2024


 Innovation
 
 September 19, 2024 | By Anthony Venutolo
 “We're not looking for founders who are trying to create the next hot consumer brand, but rather creating deeply important technologies that solve real problems in our industry, and who are obsessed with that problem, and not so much with the final solution. .” In

AI in Finance—nripn—October 9, 2024

(Bloomberg) - Facebook parent Meta Platforms Inc. launched a new artificial intelligence tool that can generate or edit videos based on a simple text prompt, increasing competition with rivals like OpenAI and Google in the race to develop the world's most advanced AI technology. Most read on Bloomberg Meta's product, Movie Gen, can create a

Market Insights—nripn—October 9, 2024


 

 The five-day Hong Kong FinTech Week (HKFW), scheduled for October 28, will bring together executives from the mainland's financial and technology giants to showcase their latest innovations and is expected to attract more than 30,000 attendees from from over 100 savings. With a focus on emerging technologies, the event will feature eight themed

Breaking News—nripn—October 9, 2024

As Plaid has expanded its fintech services, while expanding its customer base. Plaid got its start as a company that connected consumers' bank accounts to financial apps, but has since gradually expanded its offerings to also include loans, identity verification, credit reporting, anti-fraud and payments. The 11-year-old company was nearly bought by Visa for $5

AI in Finance—nripn—October 9, 2024

(Bloomberg) - Hon Hai Precision Industry Co. plans to increase server capacity to meet stronger-than-expected demand for Nvidia Corp.'s chips. used to develop AI, reflecting its expectations that spending on artificial intelligence will remain high. Most read on Bloomberg President Young Liu told Bloomberg Television that demand for next-generation Blackwell chips is "crazy," echoing similar

AI in Finance—nripn—October 8, 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 accelerating the global energy transition. It will also include three new conferences with new voices from finance, technology, youth and the Global South to

AI in Finance—nripn—October 8, 2024


 
 Oracle Financial Services Named Category Leader in Inaugural Edition RiskTech AI 50 2024 report from Chartis Research, a global leader in risk technology research and analysis. Oracle achieved the highest overall ranking among fifty industry players, highlighting its success in delivering powerful AI solutions – from infrastructure to AI-driven applications – that help

Startup News—nripn—October 8, 2024

Free newsletter Get the latest Fintech Singapore news delivered to your inbox once a month Tenity, an innovation ecosystem specializing in early-stage fintech startups, is calling for applications for the ninth batch of its accelerator program in Singapore. THE Fin/Tech Accelerator Tenity Singapore The program aims to support start-up businesses looking to grow and enter

AI in Finance—nripn—October 8, 2024

Apple (AAPL) was snubbed by the investment company Jefferies (JEF) late Sunday. Jefferies analyst Edison Lee downgraded Apple shares from Buy to Hold, citing concerns about inflated expectations for its new AI-enabled iPhones. Lee said smartphone hardware is not yet advanced enough to accommodate the kind of high-tech artificial intelligence that iPhone analysts and consumers