Author: nripn

Shri M Nagaraju, Secretary, DFS, M/o Finance, today chaired a meeting with Fintech Ecosystem Partners, New Delhi. The meeting was also attended by senior officials from RBI, NPCI, CRF-IND, MeitY and around 60 founders/co-founders of various Fintech entities and Fintech associations. The engagement with partners across the start-up and Fintech ecosystem has been designed to foster an open exchange of ideas aimed at elevating the Fintech sector to a global level. Throughout the discussions, there was a strong emphasis on the need for Fintech companies to consistently deliver innovative solutions to the financial services industry while strictly adhering to regulatory…

NVIDIA shares (NVDA) fell more than 6% on Tuesday, a day after stocks closed at a record high in anticipation of Speech by CEO Jensen Huang at the annual CES technology industry show in Las Vegas. Huang’s presentation Monday evening gave a burst of updates on upcoming Nvidia products, providing insight into the future of the booming market for artificial intelligence and other emerging technologies. Shares jumped as much as 2.5% early Tuesday before reversing direction. The chipmaker was the Dow’s worst performer of the session. The drop in Nvidia stock comes in a context stocks fall wider on Tuesday…

Maddirala said digital payment infrastructure supports the growth of the fintech sector, highlighting the importance of improving digital payment systems in rural areas, particularly through the Unified Payments Interface, as well as promoting Footprint-based loans for micro, small and medium enterprises. .On the corporate side, the meeting was attended by Cred founder Kunal Shah, Bipin Preet Singh of MobiKwik and Sharath Bulusu of Google Pay, besides BillDesk, Infibeam Avenues and Razorpay.Industry bodies such as Startup Policy Forum, Payments Council of India and Digital Lenders Association of India were also present.

Investments in artificial intelligence-powered medical note-taking apps doubled in 2024, as tech giants including Microsoft and Amazon and start-ups fight to grab a share of the AI healthcare market, valued at $26 billion. AI startups focused on creating digital “scribes” for healthcare professionals raised $800 million in 2024, up from $390 million in 2023, according to PitchBook data. Startups like Nabla, Heidi, Corti and Tortus raised funds last year, with donors including Khosla Ventures, Entrepreneur First and French tech billionaire Xavier Niel. Funding increase comes as groups rush to launch AI-based products which aim to enable doctors to take medical…

Tue January 7, 2025 ▪ 3 min read ▪ by Fenelon L. The convergence between artificial intelligence (AI) and asset tokenization is expected to redefine the global financial landscape in 2025, according to Hunter Horsley, CEO of Bitwise. This major transformation is expected to particularly benefit small businesses, paving the way for a new “long-tail capital market”. Tokenization that democratizes access to financial markets On January 5, Bitwise CEO Hunter Horsley revealed his vision for a major transformation of financial markets on the X platform. tokenization represents much more than a simple democratization of access to traditional financial products: it…

Tero Vesalainen/Shutterstock Generative AI, including platforms like ChatGPT, is industries in transformation by making processes simpler, more efficient and easier to interact with. However, in the heavily regulated In the financial services industry, the benefits also come with serious risks. It is therefore essential that this emerging technology is used responsibly in order to maintain stability and confidence. Financial services are no strangers to technological advancements, but generative AI presents a unexplored and complex landscape for the industry. Information about its potential often comes from consultation reports Or academic opinion articleswhich tend to be speculative and lack real data. This…

Employer.com proposed to acquire Levela fintech startup that abruptly closed its doors last week after failing to find a buyer, according to The information. But Level is still considering the offer, its Employer.com marketing director Matt Charney told TechCrunch. “It’s with the legal authorities,” he said. Update: Further details, beyond the legal framework, are currently being finalized, according to a source close to the deal. Founded in 2018 by Paul Aaron, a former Square employee, Level had raised a known $30.8 million in funding from high-profile investors such as Lightspeed Venture Partners and Khosla Ventures. In April 2021, the startup…

This article is PresentedThis story was produced for the editorial staff following a client’s interest in this subject. The client was not given the opportunity to place restrictions on the content or review it prior to publication. by working day Breadcrumb linksFinanceInnovationWorkThe ever-increasing potential of AI is already proving its worth for Canadian businessesPublished on January 7, 2025 • Last updated 8 hours ago • 4 minutes of readingYou can save this article by subscribing for free here. Or log in if you have an account.Rather than spending time on calculations and reconciliations, finance professionals can better utilize their skills…

AMD (AMD) presents its latest PC AI and graphics chips at CES 2025 in Las Vegas. The company on Monday announced its new Ryzen AI Max, Ryzen AI 300, and additional Ryzen AI 200 central processing units (CPUs) for AI PCs, as well as high-power chips for gaming desktops and laptops and gaming systems. portable games. The chips allow AMD to further compete with rivals Intel (INTC) and Qualcomm (QCOM) in the still nascent AI PC space and Intel on the desktop and mobile gaming fronts, two important markets for the semiconductor company. Ryzen AI Max chips are designed for…

NVIDIA (NVDA) looks to continue its momentum from 2024 to 2025 with a number of AI-focused announcements to CES in Las Vegas on Monday. CEO Jensen Huang took the stage during the company’s keynote, laying out his vision for everything from AI software that will power robots and self-driving cars to a new AI supercomputer that holds on your desktop. Nvidia’s stock price rose as much as 4.7% ahead of Monday’s keynote, as Wall Street braced for the latest offerings from the AI ​​darling. The company’s shares are up 205% in the past 12 months thanks to its prescient investments…