Author: nripn

Abu Dhabi Finance Week: Transforming the Future of Clean Energy Published on December 26, 2025 at 10:00 p.m. EST Introduction to Abu Dhabi Finance Week During the much-anticipated Abu Dhabi Finance Week, the CNBC New Energy Finance Forum provides a critical platform for dialogue among leading business figures and investors. This event centers on the multitrillion-dollar transition that is redefining the global energy sector, underscoring the urgency for sustainable and renewable energy solutions. The Impact of AI on Energy Demand Experts at the forum delve into the pressing issue of rising energy demands, driven largely by the rapid advancements in…

Bridging the Gap in Financial Wellness with AI Nudges In today’s world, tracking various aspects of our lives has become second nature. Whether it’s monitoring steps, spending habits, credit scores, or sleep patterns, most of us engage in some form of tracking. However, having access to this information is just the beginning; knowing how to take effective action based on it is crucial. This is where the power of artificial intelligence (AI) steps in, particularly in the realm of financial wellness. The Role of AI in Financial Decision-Making AI technologies, such as those integrated into the ABCD app, play a…

The Evolving Role of CFOs in a Changing Global Economy In an era defined by geopolitical fragmentation, economic tensions, and the swift advancement of artificial intelligence, the chief financial officer (CFO) has become a pivotal figure in steering organizational strategy through disruption. The recent Economist Impact report, “Beyond the Balance Sheet: The New Mandate of the CFO”, which is sponsored by SAP, outlines how CFOs are evolving from mere financial managers to vital architects of resilience, digital innovation, and sustained value. Drawing insights from 480 CFOs globally, the report emphasizes the rapid expansion of responsibilities, mounting risk pressures, and the…

IIFL Fintech Fund Invests Rs 21 Crore in Regtech Startup Leegality IIFL Fintech Fund, a prominent player in India’s financial sector, has made a significant move by acquiring secondary shares valued at Rs 21 crore in Leegality, an innovative startup revolutionizing document infrastructure. Strengthening Trust in Leegality This transaction underscores IIFL Fintech Fund’s continued confidence in Leegality, following its initial investment in 2022. A spokesperson for the Fund remarked, “IIFL Fintech Fund has reinforced its belief in Leegality by doubling its investment through its Series II fund, acquiring an additional stake through a secondary transaction.” About Leegality Founded in 2016…

Bitcoin is on the verge of reaching a forecasted market low of $37,500 in 2026, creating ripples in the investment community as well as among crypto banking startups. Historical price cycles indicate significant declines may be approaching, sparking the need for a strategic overhaul in this volatile crypto environment. This article explores the implications for stakeholders, especially fintech startups aiming to navigate these turbulent waters. Understanding Historical Price Patterns of Bitcoin Recent market analysis points to a potential drop in Bitcoin’s price by October 2026. Analysts, including well-known figures like Ali Martinez, forecast a possible decline of 70-80% from its…

Transforming Saudi Arabia’s Workforce: Bridging Digital Fluency and Financial Empowerment As Saudi Arabia’s Vision 2030 initiative revolutionizes the economy, the Kingdom’s workforce is undergoing a significant transformation. The interplay between digital fluency and financial empowerment is emerging as a vital focus for sustainable growth and innovation. The Importance of Financial Literacy Experts emphasize that the Kingdom’s greatest asset is its people, specifically those adept at managing financial and technological challenges. According to Shereen Tawfiq, co-founder and CEO of Balinca, financial literacy is not merely a soft skill but a foundational element for national progress. Her company prioritizes financial education through…

Samsung Electronics Strengthens Its Presence in India In a strategic move to enhance its business footprint in India, Samsung Electronics has identified artificial intelligence (AI) adoption, local manufacturing, and consumer financing as its primary focus areas. This decision comes in place of an initial public offering (IPO) for its operations in the region. Emphasis on Artificial Intelligence Samsung is taking significant steps to integrate AI technologies into its product offerings. By leveraging AI, the company aims to deliver smarter, more personalized experiences to consumers. This includes enhancements in not just smartphones, but also home appliances and other smart devices, making…

The Future of AI in Fintech: A Shift Towards Consumer Empowerment In 2025, artificial intelligence emerged as the leading force in the fintech sector. However, it’s important to recognize that the primary beneficiaries of this AI revolution have predominantly been corporations rather than consumers. Throughout the past year, the fintech industry has harnessed AI to enhance operational efficiency. Businesses have seen improvements through faster coding, refined subscriptions, and automated support systems. This period has mainly concentrated on cost reduction and internal optimizations, leaving consumers on the sidelines. The Paradox of Technological Advancement Despite remarkable advancements in technology that improve daily…

Transforming the Banking Sector: The Impact of Artificial Intelligence Artificial intelligence (AI) is revolutionizing the banking industry by streamlining operations, enhancing risk management, and elevating customer experiences. As banks increasingly leverage this evolving technology, they automate routine tasks, analyze complex datasets, detect fraudulent activities, and offer personalized financial advice. This transformation leads to more efficient services, quicker responses, and smarter financial solutions for consumers. AI Innovations Redefining Banking Standards The banking sector is setting new benchmarks in AI-driven innovation. Institutions are using AI to automate back-office operations, speed up credit assessments, and provide real-time fraud detection. Furthermore, personalized financial recommendations…

Turno Secures $5.5 Million in Pre-Series B Funding for Electric Vehicle Expansion Turno, a burgeoning commercial electric vehicle (EV) distribution and financing platform, has successfully secured Rs 50 crore (approximately $5.5 million) in its pre-Series B funding round. The investment round saw participation from notable investors such as Stellaris Ventures, B Capital, Quona Accion Inclusion Fund, and British International Investment (BII). Investment Details and Share Issuance During an extraordinary general meeting, Turno’s members approved a special resolution to issue 19,604 pre-Series B compulsorily convertible preference shares (CCPS) at an issue price of Rs 25,509 per share, thereby raising a total…