Regulatory Updates—nripn—September 27, 2024

Startup News—nripn—September 27, 2024

Invitation-only networking and fundraising platform for startups Scope launched its new $50 million venture capital fund under its investment banking arm SCOPE VC on Thursday. THE funds will invest in startups focused on the Indian and US markets. The average deal size reportedly ranges between $500,000 and $2 million per startup, targeting early-stage companies. “Fintech

AI in Finance—nripn—September 27, 2024

Öztopçu explains that while consumers are rapidly diversifying within the financial ecosystem, there is a real need for new generation financing products capable of responding to this diversity: “Seize and develop technological The opportunities, particularly AI, allow companies to develop new production methods and tools, better evaluate their competitors and develop creative competitive strategies. Garanti

Startup News—nripn—September 27, 2024

SUMMARY The next fintech success story in India is likely to be scripted by startups leveraging the account aggregation framework, according to Ritesh Banglani, co-founder and managing partner of Stellaris Venture Partners. Speaking at Inc42's MoneyX 2024 event, Banglani said he is optimistic about fintech startups leveraging the account aggregation framework to create new products

Startup News—nripn—September 26, 2024

Appalla Saikiran, Founder and CEO, SCOPE SCOPE, the invitation-only networking platform for startups, on Thursday announced that it has secured $50 million (Rs 418 crore) in funding venture capital fund under its investment banking arm, SCOPE VC, to invest in startups in the fintech and gaming sectors, with a focus on India and the United

AI in Finance—nripn—September 26, 2024

In this episode of The Consumer Finance Podcast, Chris Willis looks at the Consumer Financial Protection Bureau's (CFPB) recent response to the Treasury Department's request for information on the use of artificial intelligence (AI) in services financial. Chris highlights key points from the CFPB's communication, including its views on fraud patterns, fair lending testing standards,

Startup News—nripn—September 26, 2024

SCOPE, the exclusive invitation-only networking platform for startups, has announced a USD 50 million venture capital fund under its investment banking arm, SCOPE VC. The fund is specifically designed to invest in high-potential startups in the fintech and gaming sectors, with a focus on India and the US. SCOPE VC’s new fund will offer investments

AI in Finance—nripn—September 26, 2024

TAIPEI (Reuters) - Taiwan's export orders beat expectations in August as demand for chips used in artificial intelligence (AI) applications continued to climb, with the government predicting the strong momentum would extend to the rest of the year. Export orders rose 9.1 percent to $50.22 billion last month from a year earlier, the Ministry of

Corporate Acquisitions—nripn—September 26, 2024

This acquisition is expected to improve user engagement on the platform and open up new revenue streams 3 minutes reading Last updated: August 02, 2024 | 11:12 p.m. IST Payment solutions provider Infibeam Avenues on Friday said it will acquire a 54 per cent stake in news website Rediff.com India as part of its plan

Market Insights—nripn—September 26, 2024

The shift towards digital transformation and growing consumer demand for transparent, technology-driven financial services are important growth drivers of the Fintech market Wilmington, Delaware, July 25, 2024 (GLOBE NEWSWIRE) - Fintech, short for financial technology, encompasses a wide range of innovative solutions that leverage technology to improve and automate financial services. It includes digital banking,

AI in Finance—nripn—September 26, 2024

Intel (INTC) unveiled a pair of artificial intelligence chips on Tuesday as it seeks to improve its data center business and steal market share from rivals AMD (AMD) and Nvidia (NVDAThe new chips, the Xeon 6 processor and Gaudi 3 AI accelerator, promise improved performance and power efficiency and come at a time when Intel

Market Rumors—nripn—September 26, 2024

Speed ​​of lightwhich provides point-of-sale (POS) systems to restaurants, is reportedly considering going private. The company went public five years ago, but Dax DasilvaLightspeed's interim CEO and founder wonders if going private would be a better option, Bloomberg reported Monday (March 25), citing a interview published on the Montreal French-language news site La Presse. After