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

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

Encouraging Innovation Amid the Global Inclusion Gap – Updates and Data

August 25, 2025

Kiwi secures $24 million in Series B funding led by Vertex Ventures.

August 25, 2025

Ukrainian fintech launches mobile neobank in Uzbekistan

August 25, 2025

Upcoming Finance Leaders Should Focus on AI and Robotics While Steering Clear of Cryptocurrency

August 25, 2025
Facebook X (Twitter) Instagram
Trending
  • Encouraging Innovation Amid the Global Inclusion Gap – Updates and Data
  • Kiwi secures $24 million in Series B funding led by Vertex Ventures.
  • Ukrainian fintech launches mobile neobank in Uzbekistan
  • Upcoming Finance Leaders Should Focus on AI and Robotics While Steering Clear of Cryptocurrency
  • The Fintech Kiwi startup secures $24 million in Series B funding, with Vertex Ventures leading the round.
  • Exploring Strategic Prospects in Digital Assets and Financial Innovation with an Emphasis on AI
  • The Fintech Kiwi startup raises $24 million from Vertex Ventures and current investors.
  • Are you in the finance sector? Share your experiences with AI.
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    JMJ Fintech experiences fluctuations despite robust recent financial results and growth strategies

    August 16, 2025

    Revolutionizing Financial Independence through Cryptocurrency Adoption

    August 16, 2025

    Reasons Robinhood is poised for long-term growth in the evolving FinTech and cryptocurrency sectors.

    August 16, 2025

    As profits increase, PB Fintech makes another move into common funds.

    August 1, 2025

    The integration of AI is advancing within Israel’s fintech sector.

    July 31, 2025
  • AI

    Encouraging Innovation Amid the Global Inclusion Gap – Updates and Data

    August 25, 2025

    Upcoming Finance Leaders Should Focus on AI and Robotics While Steering Clear of Cryptocurrency

    August 25, 2025

    Exploring Strategic Prospects in Digital Assets and Financial Innovation with an Emphasis on AI

    August 25, 2025

    Are you in the finance sector? Share your experiences with AI.

    August 24, 2025

    How inherited momentum is driving growth in the fintech sector.

    August 24, 2025
  • Acquisitions

    Truckstop.com purchases the denim division of the transport finish company

    August 24, 2025

    The funding strategy for the Fintech company is secured.

    July 31, 2025

    African fintech leaders are shaping the industry through worldwide acquisitions.

    June 30, 2025

    Acrisure obtains significant funding to enhance its fintech strategy.

    June 14, 2025

    $200 million IPO SPAC aims for acquisitions in fintech and AI sectors.

    June 1, 2025
  • Trends

    Vietnam’s fintech market projected to exceed 50 billion USD by 2030.

    August 21, 2025

    Silicon Valley Bank’s 2024 Fintech Report offers insights on funding trends, capital transactions, evaluations, and opportunities, including the growing focus on AI, as of October 31, 2023.

    August 18, 2025

    Future Fintech advances in the virtual asset industry by applying for a VSP license in Hong Kong.

    August 17, 2025

    A Driving Force for Fintech 2.0

    August 17, 2025

    Insights on the Future of Fintech in Asia

    August 17, 2025
  • Insights

    CM Majhi introduces i-gftch and bharatnetra to enhance Odisha’s fintech ambitions

    August 23, 2025

    Crypto and fintech leaders call on Trump to prevent banks from imposing data fees.

    August 19, 2025

    Breaking: Over 80 leaders in crypto and fintech urge Trump to prevent access to banking data, highlighting harm to consumers | Flash report details

    August 19, 2025

    A high-stakes competition in the Finch gaming revolution

    August 18, 2025

    Fintech Lance AI Assistant provides over 1 billion loans for migrants.

    August 16, 2025
  • Rumors

    Market Impact and Strategic Prospects

    August 15, 2025

    Speculation rises amid Figma’s success and OpenAI’s $500 billion evaluation discussions.

    August 14, 2025

    China does not confirm any new restrictions on cryptography amid market volatility rumors.

    August 11, 2025

    Reinstating Trust in Cryptocurrency: The Significance of Reliable Information

    August 2, 2025

    Mybambu is expanding in West Palm Beach, aiming to create 200 new jobs, among several financial services firms that have relocated to Palm Beach County recently.

    July 31, 2025
  • Startups

    Kiwi secures $24 million in Series B funding led by Vertex Ventures.

    August 25, 2025

    Ukrainian fintech launches mobile neobank in Uzbekistan

    August 25, 2025

    The Fintech Kiwi startup secures $24 million in Series B funding, with Vertex Ventures leading the round.

    August 25, 2025

    The Fintech Kiwi startup raises $24 million from Vertex Ventures and current investors.

    August 25, 2025

    The prospects for XRP: fluctuations and possibilities for fintech startups

    August 23, 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

Encouraging Innovation Amid the Global Inclusion Gap – Updates and Data

August 25, 2025

Upcoming Finance Leaders Should Focus on AI and Robotics While Steering Clear of Cryptocurrency

August 25, 2025

Exploring Strategic Prospects in Digital Assets and Financial Innovation with an Emphasis on AI

August 25, 2025
Leave A Reply Cancel Reply

Latest news

Encouraging Innovation Amid the Global Inclusion Gap – Updates and Data

August 25, 2025

Kiwi secures $24 million in Series B funding led by Vertex Ventures.

August 25, 2025

Ukrainian fintech launches mobile neobank in Uzbekistan

August 25, 2025
News
  • AI in Finance (1,525)
  • Breaking News (164)
  • Corporate Acquisitions (67)
  • Industry Trends (196)
  • Jobs Market News (304)
  • Market Insights (203)
  • Market Rumors (263)
  • Regulatory Updates (164)
  • Startup News (1,011)
  • Technology Innovations (164)
  • 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 (1,525)
  • Breaking News (164)
  • Corporate Acquisitions (67)
  • Industry Trends (196)
  • Jobs Market News (304)
  • Market Insights (203)
  • Market Rumors (263)
  • Regulatory Updates (164)
  • Startup News (1,011)
  • Technology Innovations (164)
  • 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.