Author: nripn

Olyv Raises $23 Million in Series B Funding Round Rohit Garg, Co-Founder and CEO, Olyv Digital lending platform Olyv has successfully raised $23 million (approximately Rs 208.7 crore) in its Series B funding round, led by Fundamentum Partnership, a growth fund established by Infosys co-founder Nandan Nilekani. Participating in this financing round is also the venture capital arm of Sumitomo Mitsui Banking Corporation, marking a significant milestone for Olyv. With the latest round, Olyv has raised approximately $25 million in equity and around $100 million in debt since its inception. The platform enjoys backing from a diverse range of investors,…

AI Deployment in Financial Services: A Transition to Operational Reality The integration of artificial intelligence (AI) within the financial services sector has reached a significant turning point. Global data indicates that only 2% of financial institutions currently do not utilize AI, marking a clear shift from mere discussions at the boardroom level to actual operational implementation. Singapore Leads the Charge in AI Adoption A recent study by Finastra, encompassing insights from 1,509 senior executives across 11 global markets, highlights Singapore as a frontrunner in AI deployment. Nearly two-thirds of financial institutions in Singapore report using AI in live production environments,…

Transforming Accounts Payable with Agentic AI As finance leaders strive for enhanced ROI, deploying agentic AI for accounts payable (AP) automation is reshaping the financial landscape. This technology is transitioning manual tasks into autonomous workflows, yielding significant returns for organizations. While the average ROI for general AI projects reached 67% last year, autonomous agents achieved an impressive 80%, illustrating the need for CIOs to rethink their automation budget allocations. The Shift from Theory to Tangible Results Agentic AI is now moving beyond theoretical applications to deliver measurable outcomes. Unlike generative tools that merely summarize data, agentic systems execute workflows based…

Using AI Tools for Personal Finance Management In recent years, artificial intelligence (AI) has made significant strides, influencing various sectors, including personal finance. As tech companies like Gemini, ChatGPT, and Grok AI emerge, many individuals are contemplating their utility in making daily financial decisions. This article explores the potential benefits and limitations of these AI tools to assist you in managing your personal finances effectively. Understanding AI in Personal Finance AI applications in personal finance range from budgeting assistance to investment recommendations. By leveraging vast amounts of data, these tools can analyze your financial behavior and provide tailored advice. As…

Capgemini’s Impressive Revenue Growth Driven by AI Strategy Published by Global Banking and Finance Review® on February 13, 2026. Last updated: February 13, 2026. 2 min reading Overview of Capgemini’s Financial Performance On February 13, 2026, Capgemini, the French IT services powerhouse, announced a remarkable surge in its annual revenue, surpassing its own targets. This growth reflects the company’s proactive strategies and recent acquisitions aimed at enhancing its artificial intelligence (AI) capabilities. Fourth Quarter Achievements In the fourth quarter of 2025, Capgemini reported a revenue increase of 3.4% at constant currencies, amounting to 22.47 billion euros (approximately $26.65 billion). This…

Value-Based Care Models in Healthcare Payments Recent findings reveal that nearly 45% of healthcare payments are integrated with value-based models, indicating a robust shift toward quality and cost-effective care. Overview of Value-Based Care Value-based care continues to grow, representing a significant segment of healthcare payments in the United States. This trend emphasizes payers’ commitment to innovative payment models that align reimbursement with quality care and cost efficiency. Insights from the AHIP Survey The data stems from an AHIP investigation conducted in partnership with the Centers for Medicare and Medicaid Services. The survey highlighted that 45% of all healthcare payments across…

Hewlett Packard Enterprise’s Financial Transformation: Embracing AI in 2026 Financial transformation is a key goal for Hewlett Packard Enterprise (HPE) as CFO Marie Myers emphasizes the integration of artificial intelligence (AI) into financial operations. In a recent interview with CFO Dive, Myers outlined her vision to leverage AI agents, particularly for applications in forecasting and accounts receivable processing. Introducing ‘Alfred’ for Enhanced Financial Operations Myers highlighted the company’s increased reliance on ‘Alfred,’ an agentic AI tool developed in collaboration with Deloitte, a leading accounting and consulting firm. This innovative tool aims to improve financial operations at HPE. Having undergone successful…

Free Newsletter Stay updated with the latest Fintech news in Malaysia delivered straight to your inbox every month. Securities Commission of Malaysia Appoints LC Wakaful Digital as First Social Exchange Operator The Securities Commission of Malaysia (SC) has made a significant stride in social finance by appointing LC Wakaful Digital (LCWD) as the operator of Malaysia’s very first social exchange platform. This initiative is part of the broader Capital Market Master Plan 2026-2030 (CMP), which aims to enhance access to social impact financing. What Is a Social Exchange? The social exchange platform is designed to facilitate non-profit organizations in collecting…

Understanding the Impact of AI on Financial Crime Artificial intelligence (AI) is revolutionizing numerous aspects of our lives, reshaping how we work, communicate, and enjoy entertainment. However, alongside its remarkable potential, AI also poses new risks, especially in the realm of financial crime. The Dual Nature of AI Technology While AI opens doors to innovative ways of living, it simultaneously equips criminals with advanced tools for committing fraud. The capabilities of AI enable scammers to devise complex strategies, making it essential for individuals to stay alert and protect themselves. Transforming Financial Crime: The Role of AI Fraudsters are leveraging AI…

Fintech investment banking has become one of the most competitive career verticals for finance professionals in Manhattan. Independent advisory firms now seek associates who can navigate M&A transactions across payments, digital lending, wealth management, and emerging technology sectors. The role demands a rare combination of financial modeling expertise, sector knowledge, and the ability to translate complex business models into client-ready strategic analyses. Those entering fintech investment banking at the associate level should expect a fast-paced environment where deal execution, client engagement, and market research happen simultaneously. For candidates with 3 to 5 years of experience, this path represents a direct…