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AI in Finance—nripn—September 30, 2024

Yahoo FinanceComment: AI enters a whole new dimensionWhat was hot in AI last week is already outdated… 14 hours ago

Startup News—nripn—September 30, 2024

July 19, 2024 Written by FinTech Alliance in Financial Technology Coast, a fintech startup known for its innovative fleet and expense management solutions, secured $40 million in its latest funding round. This new influx of capital comes just four months after the company raised $25 million, underscoring investor confidence in Coast's growth and business model.

AI in Finance—nripn—September 29, 2024

Visa Takes on Financial Crime: Acquires Specialized AI Fraud Feature Space, Bolstering Payment Security Visa Inc. (NYSE:V) shares are trading higher on Thursday. The company signed an agreement to acquire Feature space for an undisclosed amount. Featurespace is a developer of real-time AI payment protection technology that addresses fraud and financial crime risks. This acquisition

Startup News—nripn—September 29, 2024

Between September 23 and September 28, 2024, until 19 startups from various sectors have raised more than $366 million in funding from investors. These sectors include Fintech, AI, Lifestyle, Fashion, Healthcare, Food, Proptech, Personal Care and Biotechnology. Last week, Indian startups have raised over $470 million in funding, PhysicsWallah led by Alakh Pandey having raised

AI in Finance—nripn—September 29, 2024

(Bloomberg) - BlackRock Inc. sees huge growth opportunities in Asia for infrastructure to support an artificial intelligence boom that is also driving demand for energy and water. Most read on Bloomberg “The need for data centers over the next five years will be double what currently exists in the markets,” Brad Kim, head of diversified

AI in Finance—nripn—September 29, 2024

(Bloomberg) - Micron Technology Inc. will likely become the latest chipmaker to assure investors that demand for AI-related equipment is still strong. Like many of its peers, it can also admit that other core demand areas, such as PCs and smartphones, remain in the doldrums. Most read on Bloomberg The company is expected to report

AI in Finance—nripn—September 29, 2024

(Reuters) - Britain's competition regulator said on Friday that Amazon's artificial intelligence partnership with startup Anthropic would not be further investigated because it did not fall within its remit. The Competition and Markets Authority said the partnership, which includes a $4 billion investment by Amazon in Anthropic, was not eligible for investigation under UK merger

Jobs Market News—nripn—September 29, 2024

Free newsletter Get the latest Fintech Singapore news delivered to your inbox once a month The Monetary Authority of Singapore (MAS), in collaboration with the Institute of Banking and Finance (IBF) and Workforce Singapore (WSG), has launched the Sustainable Finance Jobs Transformation Map (JTM). This initiative outlines the skills updates needed for the local financial

AI in Finance—nripn—September 29, 2024

Here are the takeaways from today's Morning Brief, which you can register to receive every morning in your mailbox accompanied by: The still-young history of generative AI is littered with grand predictions that it would be a transformative technology. But in recent months, skepticism has set in. The darling of generative AI, Nvidia, has bumped

AI in Finance—nripn—September 29, 2024

Intel has delivered its latest data center processor and AI accelerator, demonstrating that it can deliver essential products to customers while battling historic financial setbacks that cloud its future. This week, Intel released its Gaudi 3 AI accelerator and top-performing Xeon 6 processor to server makers for delivery to customers. Intel provided product details in

Regulatory Updates—nripn—September 28, 2024

THE Economic survey called for the need to plug regulatory gaps in the financial technology sector and align with global best practices. The survey also highlighted that it was important for digital lenders to move toward data-driven lending rather than judgment-based lending. “There is a need for ongoing review to identify regulatory gaps or overlaps

Startup News—nripn—September 28, 2024

Welcome to TechCrunch Fintech! This week, we look at Revolut's announced valuation hike, fintech unicorns, the Disrupt Fintech scene, and more. To receive a roundup of TechCrunch's biggest and most important fintech stories in your inbox every Tuesday at 8 a.m. PT, subscribe here. The big story Revolut reportedly informed its staff last week of