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Corporate Acquisitions—nripn—November 7, 2024
JOHANNESBURG, October 02, 2024 (GLOBE NEWSWIRE) - Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (Nasdaq: LSAK; JSE: LSK) today announced that it has completed the acquisition of Adumo RF ( Pty) Ltd (“Adumo”). The transaction was settled by the issuance of 17,279,803 ordinary shares of Lesaka and a cash payment of ZAR232.2 million ($13.4 million),
AI in Finance—nripn—November 7, 2024
An inter-ministerial task force has published an interim report inviting public comment on the use of artificial intelligence (AI) in the financial sector. Created at the end of 2022, the team aims to prepare for the growing integration of AI in finance and to establish guiding principles for financial regulation on the subject. Although AI
Startup News—nripn—November 7, 2024
Join us for Bahrain's first fintech gathering, the Fintech Revolution Summiton February 25 and 26, 2025at Crowne Plaza Manama. Organized by TraiCon Events, this summit will bring together more than 500 BFSI experts and fintech leaders to explore fintech trends and investment opportunities, with a focus on Bahrain's Vision 2030 aimed at fostering a cashless
Technology Innovations—nripn—November 7, 2024
SHENZHEN, China, November 7, 2024 /PRNewswire/ - 2023 was a pivotal year for the FinTech industry, marked by four major trends in the global FinTech landscape: the maturation and expanded application of AI technology, the rise of emerging payment technologies, the convergence and innovation of various technologies, and an increased focus on privacy protection. Powered
Jobs Market News—nripn—November 7, 2024
The past two decades have seen an explosion of innovation in Asia, helping the region become a global leader in areas such as robotics, electric vehicles and 5G networks. But there is one area that Asia dominates more than any other: fintech. Any first-time traveler to Asia will be struck by a combination of mobile
Startup News—nripn—November 7, 2024
The rise of Africa's fintech sector has had a positive impact on financial inclusion, helping to give individuals and small and medium-sized enterprises (SMEs) better access to traditional financial services. Although the exponential growth of fintech has not been without risks and challenges, it has arguably also led to a considerable improvement in the lives
AI in Finance—nripn—November 7, 2024
Artificial intelligence (AI) is quickly becoming an essential resource for financial planning. A recent survey from Ipsos, the world's leading market research company, reveals that nearly 40% of Americans use AI to manage their finances. While some are in favor of adopting AI and using it in the hustle and bustle of everyday life, there
Jobs Market News—nripn—November 7, 2024
“This is our first cost reduction exercise since our inception. We have identified significant cost savings through AI that can improve profitability and efficiency, and which can be reinvested into business growth,” said Sharan Hegde, CEO of the 1% Club, in an article on LinkedIn. To help the licensed For employees, the company offered severance
Market Insights—nripn—November 7, 2024
By Gloria Methri October 11, 2024 Credit on UPI eMACH.ai Integrated payments FinTech continues to play a central role in transforming and reshaping the traditional contours of the financial sector. As technology becomes more intertwined with financial services, FinTech innovations are not just incremental but rather revolutionary, paving the way for improved efficiency, accessibility and
Startup News—nripn—November 7, 2024
SINGAPORE, November 6, 2024 /PRNewswire/ - The Global Fintech Institute (GFI), with the support of the Monetary Authority of Singapore (MAS), proudly announces the launch of FLEXa global digital platform, and the Startup Investment Securities (SIC) frame. These initiatives are designed to bring transparency, trust and innovation to the global fintech ecosystem. FLEX is the
Jobs Market News—nripn—November 7, 2024
Free newsletter Get the latest Fintech Singapore news delivered to your inbox once a month THE Singapore Fintech Association (SFA) And Accenture have published the sixth edition of Singapore Tech Talent Report 2024. This paints a picture of a fintech sector that is rapidly adopting generative AI (Gen AI) and grappling with an evolving talent
Startup News—nripn—November 7, 2024
Visa injects new funds into four startups that graduated from the first batch of its Visa Africa Fintech Accelerator Program. These investments underscore Visa's commitment to driving digital innovation in Africa, according to a press release emailed Wednesday (Nov. 6) to PYMNTS. In doing so, the payments giant aims to foster the development of FinTechs
