Author: nripn

Press release, Orbis Research – Industry News Recent industry news highlights technological advancements and increased investments by key players aimed at improving product offerings. THE FinTech Insurance Market is experiencing notable developments that influence its direction. Growing geopolitical tensions Geopolitical tensions are increasingly influencing the dynamics of the FinTech insurance market. Factors such as trade disputes, regulatory changes and political instability impact supply chains and market access. In response, companies are adapting their strategies to minimize the risks associated with these tensions, such as by diversifying supply sources and seeking new market opportunities. Request a sample report @ https://www.orbisresearch.com/contacts/request-sample/7301929…

A continuous review process is needed to identify regulatory gaps in the fintech sector and align it with global best practices, the economic study said. The focus should be on transitioning from judgment-based lending to data-driven lending, he said. “In the medium term, efforts should be made to move towards data-driven lending rather than judgment-based lending, particularly for small businesses. In this regard, continuous review is required to identify regulatory gaps/overlaps and benchmark them against global best practices,” the survey said. Artificial intelligence and machine learning, decentralized finance and the Internet of Things have vast potential to disrupt the digital…

Business Insider asked 27 venture capitalists to nominate the most promising fintechs.Venture capitalists have been highlighting startups that haven’t made it past Series C.Here are the 49 most promising fintechs. Thank you for registering! Access your favorite topics in a personalized feed on the go. download the app By clicking “Register”, you agree to our Terms of Use And Privacy Policy. You can unsubscribe at any time by visiting our Preferences page or clicking “unsubscribe” at the bottom of the email. They say pressure makes diamonds. Venture capitalists are likely hoping the same will be true for startups launching and…

From ChatGPT has exploded into the zeitgeist In late 2022, the business buzz around this topic has been filled with sometimes exaggerated claims about the extent of the role that generative AI will play, including dire warnings to financial executives about the AI ​​skills they need. need to keep their jobs. But what AI skills exactly do finance leaders need, and how can they develop them? CFOs and other finance leaders may be happy to know that these skills don’t mean learning to code your own AI models. However, this involves understanding how AI works and what it can do,…

Press release, Orbis Research – Summary This report provides a comprehensive analysis of FinTech in the insurance market, highlighting key trends, definitions, applications, leading brands, industry leadership, manufacturing hubs, supply chain dynamics and strategic insights. As the landscape evolves, this report aims to provide stakeholders with valuable insights to take advantage of emerging opportunities and innovations. Request a sample report @ https://www.orbisresearch.com/contacts/request-sample/7301930 Market Overview This market plays a vital role in meeting the specific needs of several sectors, contributing significantly to operational efficiency and consumer satisfaction. By examining market definitions and fundamentals, this report aims to clarify the scope…

The third quarter of 2024 has been eventful to say the least. After the start of August was punctuated by strong global sales, the markets were shaken.Now that recent downturns have proven that technology stocks are not immune to vulnerabilities, investors are increasingly inclined to invest in companies with more sustainable prospects.There are many reasons why the thriving fintech landscape could become Wall Street’s most successful low-risk tech player in the second half of 2024.InvestorPlace – Stock Market News, Stock Advice & Trading TipsGrowing expectations towards Federal Reserve cuts rates by 100 basis points Over the next couple of months,…

Recently, financial institutions reportedly made significant job cuts as part of an ongoing strategic review. According to Future financial technologiesmore than 2,600 jobs are at risk at the American payments giant FIS. The development has raised questions about the impact of job cuts on the fintech sector. What is driving job cuts in Fintech? Several factors have contributed to job cuts in the fintech sector. First, the increasing adoption of technology has led to the automation and digitalization of many tasks, reducing the need for human intervention. Second, financial institutions are focusing on optimizing costs and streamlining their operations, which…

Fiserv And Amédée IT Group would be competing to acquire Shift4 Paymentswho led a sales process. The two main competitors are preparing to submit their final offers in the coming weeks for the payment processor, which has a market value of nearly $7 billion, Reuters reported Wednesday, February 28, citing anonymous sources. The process is ongoing and an agreement is not certain, according to the report. Contacted by PYMNTS, a Fiserv spokesperson declined to comment on the report. In an emailed statement to PYMNTS, an Amadeus spokesperson said the company was “aware of rumors regarding Amadeus and Shift4.” Amadeus is…

Banks will have to closely monitor accounts run by third-party fintechs under a plan in the works by a key federal regulator intended to avoid a repeat of the collapse of Synapse Financial Technologies Inc. that saw millions lose access to their money.The Federal Deposit Insurance Corp. is expected to issue a proposed rule requiring banks to keep records of accounts “for the benefit of” opened by third-party fintechs so that banks can identify how much end-user money they hold, according to sources. familiar with the subject and who were unable to speak publicly on the upcoming proposal.Banks could still…

Flipkart co-founder Sachin Bansal’s Navi Finserv, a subsidiary of Navi Technologies-led fintech startup, witnessed a decline in its operating revenue and operating profit during the financial year 2023-24 (FY24), affected by a drop in its interest income and an increase in loan cancellations. . Navi Finserv’s consolidated operating revenue fell 6.6% to INR 1,906.2 Cr during the year under review from INR 2,040.6 Cr during FY23. decline in revenue, its Profit After Tax (PAT) from continuing operations also declined by 41% YoY (YoY) to INR 155.6 Cr in FY24. However, the fintech major made significant gains by divesting its entire…