Author: nripn

Fintech Startups Inspire – Visa Enables. Join us at the Visa Emerging Innovators (VEI) program, where we celebrate the next generation of fintech pioneers. This year, we’re excited to announce that we’re doubling the prize to an incredible $100,000! Visa has carefully selected five visionary startups from around the world, each ready to showcase their game-changing solutions to a distinguished panel of fintech industry leaders. Don’t miss this unique opportunity to see the future of payments in action and discover how you can be part of the fintech revolution.Subscribe to learn more on YouTube: https://tcrn.ch/youtube Follow TechCrunch on Instagram: http://tcrn.ch/instagramTikTok:…

Mumbai: As frenetic digitalization reshapes the financial landscape, India must learn to balance innovation and prudence, Reserve Bank of India (RBI) Governor Shaktikanta Das said, urging financial institutions and fintechs to capitalize on new opportunities while mitigating risks. More Indians are turning to digital financial services, and their expectations for “personalized, efficient and seamless” experiences have also increased, Das said. At the same time, new risks related to data privacy and security breaches have emerged, adding to existing risks such as mis-selling and fraud. “Leveraging technology for real-time monitoring and ensuring regulatory compliance will be key to addressing these challenges…

DELRAY BEACH, Florida., October 28, 2024 /PRNewswire/ — The AI in the financial market should reach $190.33 billion by 2030 from $38.36 billion in 2024, with a CAGR of 30.6% over the period 2024-2030, according to a new report from MarketsandMarkets™.AI-based chatbots and virtual assistants are significant growth drivers in the financial AI market, improving customer service by offering 24/7 support and personalized user interactions . AI-based technologies streamline routine tasks such as account management or transaction monitoring, freeing up human advisors for complex cases. By allowing users to make financial decisions, this accessibility expands the services offered to end…

Delhi-based fintech unicorn BharatPe has expanded into investment offerings with the launch of a new app, Invest BharatPe. Available on the Google Play Store and App Store, the new platform aims to simplify investing for consumers, starting with an accessible digital gold option. The app marks BharatPe’s move into the investment space, allowing users to access affordable financial products and invest easily. Digital gold as the first investment product The first product available on the Invest BharatPe app is digital gold, introduced in partnership with Safegold, a Mumbai-based company. With this feature, users can invest in pure 24-karat gold with…

Christopher Hui says tax breaks for investments in virtual assets are being considered. BLOOMBERG Cici Cao and agencies Hong Kong yesterday outlined five key initiatives to use artificial intelligence in finance and launched a tax break for virtual assets, as part of efforts to promote itself as an Asian financial hub. The guidelines were announced during Fintech Week, the city’s annual flagship industry event. They include a dual-track approach to promoting the use of AI in the financial services sector while addressing challenges such as cybersecurity and data privacy, AI governance strategy for financial institutions , updating regulations…

Jeanne Pastrano, a mother of two, quit her job and took a six-month sabbatical after feeling burned out.Jeanne PastranoJeanne Pastrano quit her $200,000-a-year job in New York after feeling burned out.After a six-month break, she said she feels rejuvenated and ready to return to work.She disclosed her sabbatical on her LinkedIn profile – and still found it easy to find a new job.This essay as told is based on a conversation with Jeanne Pastrano, a 37-year-old mom based in New Jersey. Pastrano quit his job in April after feeling exhausted. This story has been edited for length and clarity. Business…

Chime Financial reportedly intends to launch its initial public offering (IPO) in 2025. The FinTech company aims to do so in the United States but has not yet signed banks for the IPO, Bloomberg reported Friday March 22, citing anonymous sources. Chime did not immediately respond to PYMNTS’ request for comment. Chime has been considered an IPO candidate for years, according to the report. The company was valued at $25 billion in 2021, but then saw the tech boom fade as interest rates and inflation rose. Chris Brittco-founder of Chime, said in December that the company was “as ready for…

Inicio AI, a female-led fintech start-up based in Coventry, has won £1 million in the One To Win pitch competition at Birmingham Tech Week’s Tech Awards. Led by TechWM and supported by sponsors including Rigby Group and the West Midlands Co-Investment Fund, the competition offers the largest single prize pool for a pitch competition in the UK. Just four months after its launch at London Tech Week, Inicio AI, which created Budgie AI, a virtual agent that provides financial support, was chosen as the region’s most promising startup from 140 applicants. The competition highlights the potential of the West Midlands…

Free newsletterGet the latest Fintech Singapore news delivered to your inbox once a monthA new report from Reputa, an online reputation monitoring system provided by Viettel, Vietnam’s state-owned telecommunications giant, offers analysis of the country’s fintech sector and provides a ranking of the most reputable fintech companies in Vietnam based on their online reputation and reach.Released on July 16, 2024, the report examines the main trends, developments and leading players in the fintech industry in Vietnam, drawing on extensive data collected from social media interactions and covering 46 fintech companies.This analysis includes 54,976 discussions from June 1 to June 30,…

Which presidential candidate will be best for fintech over the next four years? Of all the issues troubling the 2024 presidential campaign, it’s safe to say that the future of fintech is not among the top two or three. Nonetheless, it is also safe to say that the fintech sector under a Trump administration will face different challenges and opportunities than under a Harris administration. First, let’s look at how Republican candidate Donald Trump’s policies could have a broader impact on fintech and financial services. “The President of Crypto” Whether or not “they” call Donald Trump “the president of crypto,”…