Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

How BlackRock’s Influence on Bitcoin ETFs Affects Fintech Startups

December 13, 2025

AI Applications in Financial Technology

December 13, 2025

Philippine startup ecosystem thrives in fintech, with growth potential in P2G payments and remittances.

December 12, 2025

Broadcom Shares Decline as AI Expectations Fall Short and CEO Comments Cause Confusion; Investors Skeptical of AI Growth Rate

December 12, 2025
Facebook X (Twitter) Instagram
Trending
  • How BlackRock’s Influence on Bitcoin ETFs Affects Fintech Startups
  • AI Applications in Financial Technology
  • Philippine startup ecosystem thrives in fintech, with growth potential in P2G payments and remittances.
  • Broadcom Shares Decline as AI Expectations Fall Short and CEO Comments Cause Confusion; Investors Skeptical of AI Growth Rate
  • BBVA and OpenAI form partnership to advance AI in the banking sector – Fintech Schweiz Digital Finance News
  • Safebooks AI secures $15 million for technology ensuring the integrity of financial data.
  • Emerging Trends in Fintech: Insights from SVB
  • Fynorix AI Ultra: FutureMatrix Introduces Advanced Intelligent Trading System, Establishing a New Benchmark for AI-Enhanced Finance
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    Zilch, the fintech unicorn, secures payment license from city regulator.

    December 10, 2025

    MobileMoney Fintech Reorganizes; Shareholders Endorse Merger and Waiver at Extraordinary General Meeting

    December 1, 2025

    Axis CRE Fund and Tishman Speyer launch Chennai FinTech City

    November 28, 2025

    Commemorating outside the office: Fintech firm treats employees to a getaway in Thailand

    November 11, 2025

    Optasia secures $345 million in South Africa’s biggest fintech initial public offering.

    November 7, 2025
  • AI

    AI Applications in Financial Technology

    December 13, 2025

    Broadcom Shares Decline as AI Expectations Fall Short and CEO Comments Cause Confusion; Investors Skeptical of AI Growth Rate

    December 12, 2025

    BBVA and OpenAI form partnership to advance AI in the banking sector – Fintech Schweiz Digital Finance News

    December 12, 2025

    Safebooks AI secures $15 million for technology ensuring the integrity of financial data.

    December 12, 2025

    Fynorix AI Ultra: FutureMatrix Introduces Advanced Intelligent Trading System, Establishing a New Benchmark for AI-Enhanced Finance

    December 12, 2025
  • Acquisitions

    Teybridge Capital Europe finalizes strategic purchase of London-based fintech company Atom CTO

    November 18, 2025

    Highlights from Santa Cruz County business: local fintech firm’s recent acquisition; startup showcases a surf helmet on Shark Tank

    November 12, 2025

    Ripple Becomes a Comprehensive Fintech Hub Following Hidden Road Acquisition, Reports TradingView News

    November 11, 2025

    Amazon concludes its acquisition of the Indian lender Axio, expanding its fintech efforts.

    September 11, 2025

    The incident involving the Kaustubh Kulkarni movement in Moomoo

    September 3, 2025
  • Trends

    Emerging Trends in Fintech: Insights from SVB

    December 12, 2025

    Deloitte CEO calls on regulators to find a middle ground between fostering innovation and ensuring stability in the Fintech sector.

    December 12, 2025

    Deloitte Leader Calls for Regulators to Find a Balance Between Innovation and Stability in Fintech

    December 11, 2025

    The NTU FinTech Industry Day 2025 highlighted the true meaning of future Fintech talent.

    December 9, 2025

    Juniper Research identifies the ten key trends that will influence the future.

    December 8, 2025
  • Insights

    MobileMoney Ltd recognizes leading FinTech partners and industry figures at the 2025 FinTech Stakeholder Dinner and Awards.

    December 11, 2025

    MobileMoney Fintech undergoes restructuring as shareholders consent to merger and waiver during EGM

    December 2, 2025

    Youth Driving Innovative Fintech Concepts as Digital Adoption Reaches 87%, According to FM Sitharaman

    November 13, 2025

    Propel Launches $10 Million Fund to Support Food Stamp Recipients Affected by Government Shutdown

    October 30, 2025

    The Fintechs Dominating LinkedIn’s Top Startups 2025 List in London

    October 29, 2025
  • Rumors

    This week’s rumors focus on major breweries, robotics, and multi-million dollar auctions.

    November 22, 2025

    Speculations about Ubisoft acquisition following profit announcement delay

    November 18, 2025

    Bill Holdings’ Stock Price Jumps Despite Sell Rumors

    November 12, 2025

    Ripple clarifies there is no planned timeline for an IPO following the $500 million funding round.

    November 12, 2025

    Significant Market Shift Indicated by 75% Rise in Volume

    November 9, 2025
  • Startups

    How BlackRock’s Influence on Bitcoin ETFs Affects Fintech Startups

    December 13, 2025

    Philippine startup ecosystem thrives in fintech, with growth potential in P2G payments and remittances.

    December 12, 2025

    Visa highlights 22 African fintech startups as their combined valuation reaches $1.3 billion.

    December 12, 2025

    Fintech startup BON Credit raises $3.5 million in investment

    December 11, 2025

    South African fintech company introduces immediate cashless payment system for gratuity-based workers

    December 11, 2025
  • finjobsly
fintechbits
Home » “Addressing local issues with local insights” – Technology News
AI in Finance

“Addressing local issues with local insights” – Technology News

4 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Manish.sap .jpg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Advances in AI have increased over the past couple of years. But amid this hype arises a crucial question: How can companies use AI systems to sift through large data sets and optimize energy consumption, thereby reducing waste? AI has the potential to transform sectors such as agriculture, healthcare, finance, education, etc., says Manish Prasad, President and Managing Director, SAP Indian Subcontinent. “As we continue to integrate AI into various sectors, it is crucial to do so responsibly, ensuring that AI itself remains sustainable and ethical,” he told Sudhir Chowdhary in an interview. Excerpts:

How can AI contribute to a more sustainable future?

Indiaas one of the fastest growing economies, has a unique opportunity to become a global leader in leveraging AI for sustainable development. The country’s diverse communities face distinct and new opportunities, but by integrating localized solutions into a broader national framework, India can pave the way for a future of sustainable progress fueled by technology.

AI can significantly improve Indian infrastructure, making it more resilient and efficient. For example, in water-scarce regions like Karnataka, AI-based tools are already being used to predict water demand, detect leaks, and improve conservation efforts. In waste management, AI can optimize sorting and recycling processes, reducing the burden on landfills and improving recycling rates.

Ashwini Vaishnaw, data localization, Digital Personal Data Protection Act, DPDP Act

Sectoral needs must drive data localization; restrictions to be applied only when necessary: ​​government

IE THINK our cities

IE THINC: our cities | “Himachal Pradesh’s fragility requires careful planning”

Nitin Gadkari's plan: Rs 1 lakh crore infrastructure boost to rebuild, reorganize and clean Delhi

Nitin Gadkari’s plan: Rs 1 lakh crore infrastructure boost to rebuild, reorganize and clean Delhi

Mumbai Infrastructure Projects: Navi Mumbai International Airport, Mumbai Underground Metro, Mumbai Metro Line 3, Mumbai-Pune Expressway

Mumbai 2025: faster, smarter, greener! An overview of the city’s upcoming flagship infrastructure projects

When it comes to renewable energy, AI algorithms can predict solar and wind energy production, helping to manage the grid more efficiently and ensuring the maximum use of these resources. By integrating AI into these critical infrastructure areas, India can not only address its own sustainability challenges, but also set a global example of how technology can contribute to a more sustainable future.

Are there use cases where technology has transformed business operations?

AI’s unparalleled ability to process complex data, optimize operations and anticipate outcomes requires a rethinking of how many industries create value. From streamlining supply chains and minimizing food waste to delivering high-quality products and services, AI could enable organizations to transform sustainability from a simple compliance exercise into a strategic differentiator. AI can also enable businesses to adopt effective methods to implement sustainability actions such as monitoring carbon emissions.

The key is to maximize how we use the data we have. Consider how healthcare brand Himalaya is putting its data to use. Using new innovations, the company is able to calculate the carbon footprint of every product it makes, from cradle to grave. With this granular level of carbon accounting, the organization optimizes its supply chain, electricity, water and waste management – ​​and positions itself to benefit from AI and blockchain innovations in the future.

AI can also highlight the effects of climate change more clearly, making its impact visual and tangible for everyone. Imagine a farmer realizing how precise water use saves both crops and resources, or a factory worker seeing real-time energy savings from optimized machinery. Accurate, data-driven analysis can turn abstract challenges into concrete steps.

How can AI drive efficiency and sustainability in agriculture?

AI can revolutionize Indian agriculture by providing farmers with predictive analytics and personalized soil advice healthweather conditions and crop management. This technology can improve resource efficiency, increase productivity and support sustainable agricultural practices. Encouraging small farmers to adopt AI involves creating accessible and affordable tools. This can happen by providing training programs and fostering partnerships between agricultural producer organizations (FPOs), private sector entities and government agencies to ensure comprehensive support and integration into traditional agricultural methods.

There are concerns about data privacy and security…

Absolutely. Although the role of AI in achieving the Sustainable Development Goals is essential, it comes with its share of precautions. As AI technology advances, the ethical and security implications of its deployment become particularly relevant. To ensure technology serves people and our planet responsibly, it is important to build AI systems that are reliable, relevant and responsible, without compromising fairness or inclusiveness. Ethical AI can build trust, enable new innovations, and ensure that benefits are shared widely and fairly by all. Regular audits, adherence to ethical guidelines and collaboration among all stakeholders, including government, the private sector, research institutions and citizens, can promote sustainability as a collective effort.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

AI Applications in Financial Technology

December 13, 2025

Broadcom Shares Decline as AI Expectations Fall Short and CEO Comments Cause Confusion; Investors Skeptical of AI Growth Rate

December 12, 2025

BBVA and OpenAI form partnership to advance AI in the banking sector – Fintech Schweiz Digital Finance News

December 12, 2025
Leave A Reply Cancel Reply

Latest news

How BlackRock’s Influence on Bitcoin ETFs Affects Fintech Startups

December 13, 2025

AI Applications in Financial Technology

December 13, 2025

Philippine startup ecosystem thrives in fintech, with growth potential in P2G payments and remittances.

December 12, 2025
News
  • AI in Finance (1,908)
  • Breaking News (183)
  • Corporate Acquisitions (74)
  • Industry Trends (223)
  • Jobs Market News (322)
  • Market Insights (225)
  • Market Rumors (291)
  • Regulatory Updates (183)
  • Startup News (1,244)
  • Technology Innovations (199)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,908)
  • Breaking News (183)
  • Corporate Acquisitions (74)
  • Industry Trends (223)
  • Jobs Market News (322)
  • Market Insights (225)
  • Market Rumors (291)
  • Regulatory Updates (183)
  • Startup News (1,244)
  • Technology Innovations (199)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.