Author: nripn

Bigbear.Ai Holdings, Inc. ( (BBAI) ) released its third quarter results. Here’s a look at the information Bigbear.Ai Holdings, Inc. presented to its investors. BigBear.ai Holdings, Inc. is a technology company specializing in artificial intelligence and machine learning solutions, primarily serving industries such as defense and government by providing tools that facilitate complex decision-making processes. The company stands out for its advanced technology, such as the ConductorOS platform, which plays a critical role in U.S. defense initiatives. In its latest earnings report, BigBear.ai highlighted its strategic progress and financial performance. The company reported significant cost reductions and operational efficiencies, as…

Dublin, October 18, 2024 (GLOBE NEWSWIRE) — The “Indian Fintech Blockchain Market, By Region, Competition, Forecast and Opportunities 2020-2030F” the report has been added to ResearchAndMarkets.com offer.The Indian Blockchain Fintech Market was valued at $0.35 billion in 2024 and is expected to reach $1.87 billion by 2030, growing at a CAGR of 32.10%. The Indian blockchain fintech market is witnessing substantial growth, driven by the increasing adoption of blockchain technology in various financial services. As financial institutions and startups seek to improve the transparency, security and efficiency of transactions, blockchain offers a promising solution. In India, the increase in digital…

Worldwide Stablecoin Payment Network (WSPN) recently unveiled a significant strategic partnership with Ample FinTech, a financial technology company headquartered in Singapore. Known for its expertise in developing Web3 payment platforms and enterprise-level tokenization solutions, Ample FinTech is poised to contribute to the WSPN’s goal of refining cross-border transaction systems. This collaboration is expected to strengthen WUSD’s capabilities, positioning it as a leader in the evolving Stablecoin 2.0 space. Through this alliance, WSPN and Ample FinTech plan to work to integrate advanced Web3 technologies designed to streamline digital transactions. Priority areas of their joint efforts include the development of programmable payments,…

SUMMARY Policybazaar’s parent company reported a consolidated net profit of INR 50.98 Cr in the second quarter (Q2) of the financial year 2024-25 (FY25), compared to a loss of INR 21.11 Cr in the previous year . For the day, over 33.35 Lakh shares of PB Fintech changed hands and the company’s market capitalization stood at INR 75,864.77 Cr (approximately $899.87 million). Pertinently, Morgan Stanley also maintained its equal weight rating on PB Fintech, setting a target price (TP) of INR 1,375. Shares of PB Fintech jumped 3.2% during today’s (November 6) intraday session to reach 1,694.30 INR each on…

Mangopaya financial technology company that helps marketplaces and platforms manage their online payments, received the Fraud & ID Verification Award in recognition of its innovative work to leverage machine learning and advanced AI to protect real-time transitions.The organization easily detects fraudulent activity thanks to its breadth of advanced technology and its ability to uncover unique data such as network activity, software patterns and device behavior. As a result, Mangopay can block fraud almost instantly by examining real-time behavior patterns instead of static data and staying informed of the latest fraud tactics.Receiving the award, Alex Taylor, Sales Manager at Mangopaycelebrated the…

Benzinga and Yahoo Finance LLC may earn commissions or revenue from certain articles through the links below. Intel Corp. (NASDAQ:INTC) has a problem with Gaudi – the chipmaker revealed that its AI accelerator won’t even make $500 million in 2024, lower than Gaudi’s. CEO Pat Gelsinger target from 1 to 2 billion dollars. What happened: Gelsinger revealed during Intel’s third-quarter earnings conference call that Gaudi’s AI accelerator program will fail to meet revenue targets due to a transition from second to third generation . “Overall adoption of Gaudi has been slower than expected, as adoption rates have been affected by…

NEW DELHI: The Indian fintech industry expected to reach around $110 billion by 2024 and $420 billion by 2029 according to Ajay Kumar Choudharynon-executive chairman and independent director of the National Payments Corporation of India. He further said that various factors including supportive policies of the government are the main reasons for the projected growth in the sector.Chaudhary said the government’s efforts to promote a digital economy, along with the country’s young and tech-savvy population, are expected to propel the fintech sector to unprecedented levels.“In 2024, the Indian FinTech industry is estimated to be worth around $110 billion and by…

Rumors are ingrained in the culture of Wall Street and global markets. The very name of The Wall Street Journal’The remarkable daily column “Heard on the Street” (one of my favorites) illustrates the importance of what is whispered in the corridors of power. I served on the executive and management committees of the New York Stock Exchange for nearly a decade. Back then, if you stood in the press box overlooking the main trading floor and watched someone spouting spicy gossip at one end of the trading floor, you could almost see them traveling from person to person. the other…

The financial technology company plans to use the new funds to expand its reach in Southeast Asian markets.Source link Disclaimer We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi We want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature have ties to other companies, including competitors or companies we write about. However, we would like to assure our readers that this will have no impact on the integrity or impartiality of our reporting.…

Pepkora JSE-listed retailer renowned for its quality clothing at discounted prices, is a major player in the FinTech ecosystem in South Africa. FinTech is revolutionizing the way customer needs are met by improving accessibility, reducing costs and providing personalized financial solutions. With digital banking and online payment systems, customers can transact easily from anywhere, while automated services and robo-advisors provide efficient and inexpensive financial management. FinTech also promotes financial inclusion by extending microloans and mobile banking to underserved populations. Additionally, the use of data analytics enables tailor-made financial products and advanced security measures, such as blockchain and fraud detection technologies,…