Author: nripn

Free newsletterGet the latest Fintech Singapore news delivered to your inbox once a monthIn 2024, Southeast Asia’s fintech sector has demonstrated resilience, defying global funding trends with only a marginal decline of 1% year-on-year (yoy).This figure stands in stark contrast to North America and Europe, where funding has fallen by more than 30%, according to a new report from UOB, Pwc Singapore and the Singapore Fintech Association (SFA). said.The 2024 Fintech in ASEAN report, which examines the fintech landscape in the six largest markets of the Association of Southeast Asian Nations (ASEAN-6), highlights the region’s ability to weather the winds…

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Named after the founder and executive chairman of B2B SaaS FinTech, Zaggle BOMBAI, India, November 12, 2024 /PRNewswire/ — Chitkara University, Rajpura, Punjab, launches the Dr. Raj P. Narayanam FinTech Center of Excellence, recognizing the contribution of the Founder and Executive Chairman of Zaggle, a listed B2B SaaS FinTech. The Center is THE first of its kind in academia And aims to meet the growing demand for qualified professionals in a booming sector. ffinancial ttechnology sector, offering students a unique blend of academic learning and industrial expertise. Chitkara University launches Dr. Raj P. Narayanam FinTech Center of Excellence The launch…

DigMo, a new financial services company that offers fun wealth creation tools to low and middle income earners in Zambia, has been launched. Licensed by the Bank of Zambia to operate a wallet, the fintech created for underserved users provides access to attractive products with great incentives. As part of the move to expand DigMo’s capabilities and reach, James Chona has been appointed Chairman and will advise on efforts to grow DigMo in Zambia. Financial planning services in Africa have traditionally been aimed at wealthy and upper-middle class clients. This shows in pricing, messaging and incentives. They are aimed at…

Staff reporter , Singapore Tomas Skoumal, President and Co-President of Dyna.Ai, and Karen Low, CEO of DCS Card Center The two companies also partnered earlier this year to leverage AI solutions for collections calls.AI-as-a-Service company Dyna.Ai has partnered with DCS Card Center to improve customer experience and operational efficiency in financial services.The partnership, formalized by a memorandum of understanding (MoU), was announced during the Singapore Fintech Festival 2024.“By integrating our advanced AI solutions with DCS Card Centre’s extensive market expertise, we aim to achieve impactful results that elevate the customer experience and improve operational efficiencies,” said Tomas Skoumal, President and…

Industry Veteran Joins Team to Accelerate Intellectual Property Development and Further Improve Financial Performance NEW YORK, November 12, 2024 /PRNewswire/ — Mandatorythe fintech company that builds trust between tenants and landlords through its suite of flexible security deposit solutions, is pleased to announce Gil Rosenthal as vice president of risk and collections. With over 14 years of experience in fintech risk and operations, Rosenthal will enhance Obligo’s intellectual property development, strengthen risk management processes, and help scale collection operations as the company navigates a period of rapid growth. Rosenthal began his career at Paypalspecialized in automation fraud prevention, before joining…

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Based in London Ooodlesa fintech startup specializing in IT procurement for SMEs, announced that it had obtained additional funding of 2.7 million dollars (approximately 2.54 million euros). Furthermore, the company also announced its international expansion with a launch in Ireland. This is the company’s first venture outside the UK, offering its AI-powered platform, Ooodles OS, to more than 309,000 Irish SMEs. Funding for Ooodles comes from Altitude VC, the first European fund focused on SME technology, with participation from existing investors and UK family office Traditum. Videesha Boeckle, Partner at āltitude, said: “Ooodles truly understands both the importance and the…

Supported by Microsoft (MSFT, Financial data) OpenAI is implementing new strategies to improve its next big language model, named Orion, which is said to show only marginal performance gains compared to ChatGPT-4, according to a report from The Information. Based on people with knowledge of the circumstances, research shows that Orion’s developments are inferior to previous iterations, including the move from GPT-3 to GPT-4. The limited availability of high-quality training data, which is already becoming scarcer since AI developers have already processed most of the available data, is a key factor in the observed slowdown in development. Orion’s training therefore…

Economic development November 12, 2024 Choose New Jersey, as part of its Governor-led mission to the United Kingdom, yesterday facilitated the signing of a Memorandum of Understanding (MOU) between the New Jersey Economic Development Authority (NJEDA) and the Investment Association ( AI). The MoU, which aims to strengthen links between fintech developments in the global financial centers of London and New Jersey/New York, was signed by Tim Sullivan, CEO of NJEDA, and Jack Knight, Deputy Managing Director at AI name. “Through this exciting partnership, we will continue to strengthen the deep economic and cultural ties between New Jersey and the…