Nripn

Regulatory Updates—nripn—September 14, 2024

The area of ​​regulatory compliance is complex and dynamic, presenting an ongoing challenge that is critical to the operational strategies of financial institutions. Ascensionan integrated regulatory lifecycle management platform, recently explored how businesses can ensure they effectively manage their regulatory lifecycle. Every day, businesses face an onslaught of new regulatory content—including topical updates, guidance, speeches,

Startup News—nripn—September 14, 2024

SUMMARY The programme will target sectors operating in artificial intelligence, e-commerce, financial services, healthcare and edtech as well as 'Bharat' focused startups. Accel said it would invest up to $1 million in selected startups, along with $5 million in incentives. Applications for Accel Atoms 4.0 open next Monday (September 16) and close on November 17

Technology Innovations—nripn—September 14, 2024

Tectum, recognized as the fastest Tier 1 blockchain, has been awarded the prestigious “Best Blockchain Innovation” award at the Leaders in Fintech Awards 2024. This recognition highlights the platform’s cutting-edge solutions and contributions to blockchain technology, particularly in the Middle East and North Africa (MENA) region. Tectum is a subsidiary of Crispmind, an intellectual property

AI in Finance—nripn—September 14, 2024

WASHINGTON (AP) — Senior Biden administration officials discussed the future of artificial intelligence Thursday in a meeting with a group of executives from OpenAI, Nvidia, Microsoft and other companies. The focus was on building U.S. data centers and the infrastructure needed to develop the technology. White House press secretary Karine Jean-Pierre told reporters at the

Corporate Acquisitions—nripn—September 14, 2024

EquiLend, a global financial technology company based in New York, said its operations were disrupted after some systems were knocked offline in a cyberattack on Monday. Following the incident, the technology, data and analytics company also detected unauthorized access to its network and is now working to restore all affected services. “On January 22, 2024,

Market Rumors—nripn—September 13, 2024

The Shiba Inu (SHIB) community is buzzing with speculation about a potential Shiba Inu ETF running high. The rumor has sparked renewed interest as the burn rate of SHIB tokens skyrocketed by 4,000% in a single day. While SHIB’s remarkable burn rate has undoubtedly caught the attention of the crypto world, market analysts believe that

Technology Innovations—nripn—September 13, 2024

September 13, 2024 Written by FinTech Alliance in FinTech Polly, a mortgage technology company, recently secured $25 million in funding. This investment is designed to accelerate the company’s growth and advance its technology innovations in the mortgage industry. With this significant injection of capital, Polly plans to enhance its technology offering, streamline mortgage processes and

Market Rumors—nripn—September 13, 2024

Ben Zhou, CEO of cryptocurrency exchange Bybit, has now dispelled negative rumors about the platform’s liquidity issues or an alleged hack. The speculation that began on May 22 was fueled in part by fake proof-of-reserves data relayed by Arkham Intelligence. Similar to recent events involving FTX, Bybit has been under scrutiny due to fears of

Regulatory Updates—nripn—September 13, 2024

The Reserve Bank of India (RBI) on Thursday released its final guidelines for fintech companies to set up a self-regulatory organisation (SRO) to enforce regulatory norms and promote transparency in the sector. According to the guidelines, OARs must be development-oriented, be genuine representatives and be legitimate arbiters of disputes. An OAR for fintechs (OAR-FT), an

Startup News—nripn—September 13, 2024

Kenyan investment app Hisa has been acquired by Risevest, a similar but more established company in Nigeria. “I am delighted to share this Hisa was acquired by Risevest,” announced Hisa co-founder Eric Asuma on Twitter. "Eke Urum (CEO of Risevest) and I share the same vision: to expand investment opportunities for Africans. A big thank

Technology Innovations—nripn—September 13, 2024

It will take three to five years for Shanghai to become a leading global financial technology hub, according to a new action plan released by the city government on Friday. Financial technology, or fintech, refers to the innovation of products and services provided by the traditional financial sector through various technological means for greater efficiency

AI in Finance—nripn—September 13, 2024

Photo: Westend61/Getty Images Health system leaders plan to invest in artificial intelligence, automation and managed services to improve revenue cycle performance over the next year, according to a new analysis from Guidehouse. The results were published in his 2024 Revenue Cycle Management Reportwhich is based on a survey of 134 supplier executives – the majority