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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
Startup News—nripn—October 8, 2024
Egyptian fintech startup Bokra has partnered with the Canadian International College (CIC) to launch an EGP 10 million (US$207,000) fund to support Egyptian students aspiring to become entrepreneurs. Launched in 2023 based on the belief that finance must be inclusive, transparent and socially responsible, Boukra has developed an application that offers personalized and balanced financial
Market Rumors—nripn—October 8, 2024
Speculation took root after a user on X claimed such a limitation on October 24. The controversial post attracted massive attention, garnering over 250,000 views, with a high engagement rate reflected by its 420 retweets and almost 2,000 likes. Coinbase quickly resolved the situation, with a spokesperson clarifying that the allegations were unfounded and confirming
Market Rumors—nripn—October 8, 2024
Public restrooms for all genders at Starbucks Reserve cafe and bar, Manhattan, New York. (Photo by: … (+) Lindsey Nicholson/UCG/Universal Images Group via Getty Images) UCG Group/Universal Images via Getty Images Culture wars risk killing progress on fintech board diversity Despite consistent empirical evidence that various boards and companies perform bettera backlash of “anti-woke” sentiment
AI in Finance—nripn—October 8, 2024
TAIPEI (Reuters) - Taiwan's Foxconn Group, the world's largest contract electronics maker, beat expectations by posting its highest-ever third-quarter revenue on strong demand for computer servers. artificial intelligence (AI). Revenue at Apple's largest iPhone assembler jumped 20.2 percent year-on-year to 1.85 trillion Taiwan dollars ($57.3 billion). “The result exceeded the company's initial expectations of significant
Startup News—nripn—October 8, 2024
Tenity, a global innovation ecosystem and early-stage venture capital firm with a strong focus on fintech, has partnered with AMINA Bank to leverage its crypto banking services as well as mentorship for eligible companies from the company's extensive startup network. Tenity. In case you are wondering what AMINA Bank is and don't understand why it
AI in Finance—nripn—October 7, 2024
Artificial intelligence is expected to transform the way companies do business, including financial planning and investment management. This means financial advisors need to get involved or risk being left behind. “They need to realize that an AI apocalypse is coming,” said Craig Iskowitz, CEO and founder of Ezra Group, a strategy consulting firm for asset
Regulatory Updates—nripn—October 7, 2024
As the era of digitalized regulation approaches, debate is intensifying around the role of machine-readable and machine-enforceable regulation in the financial sector. According to Michael Thirer, legal director of Muinmosthe role of such technology could very easily expand beyond what its users could have imagined. He said: "In Greg Bear's classic science fiction novel, 'Blood
AI in Finance—nripn—October 7, 2024
Unlock Editor's Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favorite stories in this weekly newsletter. PwC's new UK managing director has launched an overhaul of its operations in the country which will involve the creation of a standalone technology and artificial intelligence unit, a move which bosses say could be 'destabilizing
Market Rumors—nripn—October 7, 2024
Crypto Entrepreneur and HTX Advisor Justin Sun has strongly denied rumors that its cryptocurrency positions were liquidated during the recent market turmoil. Sun addressed the speculation in social media posts, saying Tron rarely engages in leveraged trading strategies, instead focusing on activities that support the industry, such as staking, execution of nodes and the provision
