Author: nripn

Nigerian startup Sproutly, a financial services platform for educational institutions, has announced the launch of its version two, along with several strategic partnerships designed to enhance benefits for its users. Founded in June 2021 by Pierre Nwoke, Maxwell Agu and Prince Akachi, initially as a banking app for children, Germination simplifies educational payments, financial management and access to credit, providing schools with cash flow visibility, accurate reporting and financial control. Educational administrators benefit from different payment methods, simplified access and dedicated support, allowing them to focus on teaching while easing the financial burden on families. Originally designed for K-12 schools,…

MACAU SAR – EQS Newswire – October 23, 2024 – On October 20, the Financial Street Forum 2024 annual conference concluded in Beijing. Themed “Trust and Confidence – Working Together to Promote Financial Openness, Cooperate for Shared Economic Stability and Growth”, this year’s conference attracted more than 500 guests from more than 30 countries and regions around the world. In a side session titled “Fintech: Bridging the Digital Divide”, notable speakers such as Yin Yanlin, deputy director of the economic committee of the 14th National Committee of the CPPCC, Zeng Zhicheng, deputy general director of the Beijing Municipal Branch of…

Venture capitalist Acrew Capital has raised more than $700 million in its latest family of funds targeting data and technology deals. Sorry, you must subscribe to read this article. If you want to access this article, you must become a Premium Subscriber. Premium subscribers enjoy full access to our daily breaking news, premium articles, weekly fundraising and IR reviews, knowledge bank and LP profiles, all accessible via our mobile platform . Subscribe below or contact customerservice@altassets.net

(Reuters) – IBM released the latest version of its enterprise-grade artificial intelligence models on Monday, seeking to capitalize on the rise of companies adopting generative AI technology. The “Granite 3.0” models will be made open source, like other versions of IBM’s Granite family of AI models. This approach differs from competitors such as Microsoft who charge customers for access to their models. In turn, IBM offers a paid tool called Watsonx that allows models to be run in data centers after their customization. Some variants of the new Granite models are available starting Monday for commercial use on the Watsonx…

Two servicing technology companies will work together to provide artificial intelligence-based voice agents to mortgage borrowers. Havena platform that integrates servicing features into a lender’s brand, will partner with AI startup Kastle, the companies announced Tuesday. The collaboration, which the partners say will reduce maintenance operations costs, will go live in the first quarter of next year for Haven customers.“Our partnership with Kastle is an important step toward our mission to remove complexity from the mortgage experience and provide a comprehensive platform for homeowners,” said Jonathan Chao, co-founder and chief product officer of Haven, in a statement press. Kastle and…

Manama, Bahrain – BENEFIT, the Kingdom’s innovator and leading fintech and electronic financial transaction services company, is pleased to announce the launch of its Ruwaad BENEFIT Leadership Program, marking the first batch of this transformational initiative. This program highlights BENEFIT’s commitment to advancing the leadership skills of its emerging leaders, equipping them with the expertise and experience needed to excel in their careers and drive innovation within the company. The Ruwaad BENEFIT Leadership Program offers a comprehensive, transformative leadership-focused experience that goes beyond traditional professional development. Lasting four months, this program is designed to foster and accelerate the growth of…

As 2024 draws to a close, the financial services industry is bracing for a dynamic compliance landscape in the year ahead. With increasingly stringent regulatory frameworks, organizations must stay ahead of emerging trends to successfully manage these changes. The advent of advanced technologies, including artificial intelligence (AI), continues to reshape risk management practices, introducing both challenges and opportunities for compliance professionals.An upcoming webinar organized by Saifr is a must-attend event for those looking to strengthen their compliance strategies, according to the firm. This session aims to provide participants with essential information on significant regulatory changes expected in the United States…

Buy now, pay later Companies like Klarna and Block’s Afterpay could be about to face tougher rules in the UKNikolas Kokovlis | Nuphoto | Getty ImagesLONDON — There are more startups from Swedish digital payments company Klarna than any other fintech unicorn in Europe, according to a new report from venture capital firm Accel.“Accel”Fintech Founders Factory“The report shows that Klarna alumni have created a total of 62 new startups, including Swedish lending technology company Anyfin, regulatory compliance platform Bits Technology and AI-powered coding platform Pretzel AI.This is more than any other venture-backed fintech startup worth $1 billion or more in…

Leveraging his rich experience in financial regulation and risk management, Bibitayo has contributed significantly to understanding how financial institutions can achieve regulatory compliance through technological innovation. In her latest publication, “Regulatory Compliance and Efficiency in Financial Technologies: Challenges and Innovations,” she explores how fintech can improve compliance and streamline operations, focusing on Nigeria’s rapidly growing fintech sector. Bibitayo’s research highlights the dual challenge for financial institutions: maintaining regulatory compliance while achieving operational efficiency. It highlights the transformative role of regulatory technology (RegTech) in the compliance management revolution. By integrating artificial intelligence (AI) and machine learning (ML), RegTech automates compliance processes,…

Microsoft co-founder Bill Gates knows well the transformative power of technology: he played a crucial role in making personal computing accessible to millions of people through his company’s software. And as Microsoft helped bring computers into homes and businesses, transforming industries at every level, it also led it to one of the richest people in the world. Accredited investors can own Walmart, Whole Foods or Kroger – and enjoy regular distributions without lifting a finger. Here’s how Auto insurance premiums in the United States are skyrocketing – and only getting worse. But 5 minutes could get you paying as little…