Startup News—nripn—September 8, 2024

SUMMARY Chennai-based fintech company Paysharp receives final approval from RBI to act as a payment aggregator The startup, founded in 2019, has raised INR 23 crore in two funding rounds, with the latest valuation at INR 200 crore Paysharp offers flat-rate pricing for merchants, focusing on non-card-based payments like UPI and virtual account solutions The

Regulatory Updates—nripn—September 8, 2024

Following last week exciting announcement—a strategic partnership between The FR And Marcel van Oost—we sat down with Marcel to learn more about his journey in fintech, his unique perspective on the fintech space, and why he decided to partner with The FR through its newsletters “Connecting the dots in FinTech”. The following interview has been

Startup News—nripn—September 8, 2024

Chennai-based fintech startup Paysharp has received final approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregator (PA). The approval, which was granted on August 30, 2024, follows a license in principle the company received in December 2022. The final approval places Paysharp among the 36 PAs approved by the RBI,

Jobs Market News—nripn—September 8, 2024

North Korea-linked malicious actors have been responsible for a third of all phishing activity targeting Brazil since 2020, as the country's emergence as an influential power has attracted the attention of cyber espionage groups. “Actors backed by the North Korean government have targeted the Brazilian government and the Brazilian aerospace, technology, and financial services sectors,”

AI in Finance—nripn—September 7, 2024

Stay informed with free updates Simply sign up for the Artificial intelligence myFT Digest – delivered straight to your inbox. The three main Western jurisdictions developing artificial intelligence technologies have signed the first legally binding international treaty on the use of AI, as companies fear a patchwork of national regulations could hamper innovation. The United

Startup News—nripn—September 7, 2024

Funding for Latin American startups increased in the second quarter, driven by a resurgence in late-stage deals. In total, South and Central American companies raised $791 million in seed-to-growth funding in the second quarter of 2024, according to Crunchbase data. That’s a 25% increase from the previous quarter and a 17% increase from the previous

AI in Finance—nripn—September 7, 2024

Healthcare Financing NewsHow AI is being integrated into operations and clinical decision supportTo reach the end state, healthcare systems need secure, accessible and interoperable data, says Hal, president and CEO of HIMSS….4 hours ago

Jobs Market News—nripn—September 7, 2024

Dr. Sreenivasan, Director General of Human Resources, IREDA, World Fintech Council, at the inauguration of the Fintech Innovation Centre at the University of Kuala Lumpur on Wednesday. | Photo Credit: KVS Giri Financial technology (Fintech) is creating new job opportunities and projects not just for the financial sector but for every segment, from consumers to

Market Rumors—nripn—September 7, 2024

Just 1 and a half days away from the highly anticipated Bitcoin HalvingThe crypto community is abuzz with speculation about its potential impact on prices. As the countdown continues and There are less than 250 blocks left to mineCoinify CEO Rikke Staer suggests that it’s possible to “buy the rumor and sell the news” for

Regulatory Updates—nripn—September 7, 2024

By Adelia Castelino – Co-Founder and CEO, In-Solutions GlobalIndia financial technology The fintech industry, which is currently the third largest in the world, is expected to generate a significant annual revenue of $70 billion by 2030, according to a recent report by Elevation Capital and McKinsey. In the dynamic world of fintech, where technological progress

Startup News—nripn—September 7, 2024

Finally, some good news! This week, we were pleasantly surprised to see that FTX Fraud Victims Could Get Some of Their Money Back — although not as much as they had hoped. But that was not all: Mary Ann Azevedo, Kirsten Korosec And Alex Wilhelm I had a lot more to say this week about

AI in Finance—nripn—September 7, 2024

A first in the UK, Lloyds Bank has partnered with Cleareye.aia specialized artificial intelligence platform, using AI to streamline the processing and compliance verification of trade finance documents to increase efficiency for clients. Cleareye.ai’s ClearTrade technology will be implemented starting this month. This cutting-edge technology will use optical character recognition (OCR)*, machine learning, and natural