Author: nripn

The New York Stock Exchange.Photo: Spencer Platt (Getty Images)When it comes to investing and planning your financial future, are you more willing to trust a person or a computer?This is no longer a hypothetical question. Major banks and investment firms are using artificial intelligence (AI) to make financial forecasts and advise their clients. Morgan Stanley uses AI to mitigate the potential biases of its financial analysts when it comes to stock market forecasts. And one of the world’s largest investment banks, Goldman Sachs (GS), recently announced that it was testing the use of AI to help write computer codealthough the…

We are incredibly excited to announce that we have added a Fintech step up to TechCrunch will disrupt 2024. He joins SpaceSaaS and AI as other industry-focused steps, all under one roof. As the fintech industry evolves, new opportunities abound for founders, investors and customers. Areas such as mobile banking, global payroll, digital payments, embedded finance and cryptocurrencies will only grow in the coming years. In the United States too, open banking continues to gain ground. At Disrupt’s Fintech Internship, hear from industry leaders about the challenges they’ve faced so far and the opportunities that lie ahead. Check out the…

Listen and subscribe to Opening Bid at Apple Podcasts, Spotifyor wherever you find your favorite podcasts.Instead of lashing out against the machine, the serial entrepreneur Adam Dell encourages us to adopt AI in financial planning.“(It) is going to take over every aspect of our economy,” Domain Money CEO Brian Sozzi, editor-in-chief of Yahoo Finance, said on Yahoo Finance’s Opening Bid podcast (video above; listen below ). “These tools are so powerful.”The financial services industry has already started to benefit from what AI can offer.A study of Ernst & Young found that 99% of financial services executives are using AI in…

NTU offers a Master of Science in Financial Engineering (Fintech Specialization). The program combines financial theory with the latest technological advances in fintech. Primary areas of study include AI, machine learning and blockchain technologies, with a strong focus on quantitative finance.NTU’s program is designed for students who want to pursue a career in fintech innovation, digital banking and financial analytics. The university’s strong ties to Singapore’s fintech ecosystem provide students with opportunities to engage in real-world projects and internships.Fintech education in Asia is evolving rapidly, driven by the region’s growing fintech industry. Universities across Asia offer specialized programs designed to…

Bitcoin and the broader crypto market are recovering despite a downward trend in equity markets, particularly technology stocks, indicating a downward trend. correlation break between the two.The flagship crypto surged more than 4% in the past few hours to $66,377 at press time, based on CryptoSlate data.Meanwhile, other top tokens like Ethereum And Solana were up 2.24% and 7.8%, respectively – with ETH trading at $3,482 and SOL at $170 at press time.Technological correlationThe crypto market saw a significant rise in early trading in New York, hitting new monthly highs despite most stocks falling simultaneously. This is a notable break…

ASML (ASML) a disappointing earnings report on Tuesday fueled a selloff in chip stocks that sent Nvidia (NVDA) and others in the industry, but industry analysts told Yahoo Finance that doesn’t mean demand for AI chips is weakening more broadly.ASML — previously the most valuable technology company in Europe before stocks began to plunge this week — is the main maker of machines used by TSMC (TSM) to create Nvidia’s (NVDA) chips. The Dutch company’s quarterly financial report, released a day early on Tuesday, apparently by mistake, contributed to a massive drop in chip stocks. The PHLX Semiconductor Index (^SOX)…

Johann Kerbrat, vice president and general manager of Robinhood Crypto, dispelled rumors that the company was considering issuing its own stablecoin.Johann Kerbrat, vice president and general manager of Robinhood Crypto, dispelled rumors that the company was considering issuing its own stablecoin.“At the moment we have no short-term plans to launch a stablecoin,” Kerbrat saidpushing back against recent rumors that had gained ground following a Bloomberg report.That report suggested that Robinhood and European fintech company Revolut were exploring ways to tap into the growing stablecoin market.Although Revolut did not comment, sources close to the European neobank suggested that a stablecoin was…

India’s efforts towards a cashless economy have seen significant developments, including the integration of credit card payments into the Bharat Bill Payment System (BBPS). The Reserve Bank of India (RBI) has mandated that all credit card bill payments be routed through BBPS, putting it at the forefront of India’s digital payments landscape. The move improves security and transparency, minimizes fraud and provides a unified payment interface. The rise of BBPS, alongside emerging solutions like credit on UPI, which enables on-demand borrowing, highlights the evolution of the digital payments ecosystem. According to a PwC report, The Indian digital payments sector grew…

(Bloomberg) — Self-driving startup Pony.ai plans to publicly file for a U.S. IPO as early as this week, according to people familiar with the matter.Most read on BloombergThe company is seeking to raise up to $300 million through the listing, the sources said, speaking on condition of anonymity. Guangzhou Automobile Group, one of China’s top automakers and a backer of another self-driving car maker, WeRide Inc., plans to invest in the IPO, the sources said.The timing and size of the IPO could still change, the sources said.Pony.ai had considered selling shares in the United States in 2021, but had put…

Austin Omala and Kobena Idun instantly clicked when they met by chance at the Curry Student Center during their freshman year at Northeastern. Now in their fourth year, Omala and Idun – business administration and computer science majors, respectively – are inseparable after discovering a shared passion for the intersection of finance and data science. The two men frequently pitched ideas to each other over the years, while gaining experience at cooperatives like Fidelity Investments and Morgan Stanley. In May 2023, Omala and Idun came together with the same idea: an easy-to-use financial investment app. The idea stuck and it…