Author: nripn

Discover the latest and most relevant fintech news in our weekly digest. Stay informed as we continually update this article with the latest news throughout the week. Check back regularly for real-time updates on how the fintech landscape is evolving this week. Ready Moody’s Analytics partners with Numbered to strengthen its lending capacity. Welsh, Carson, Anderson and Stowe acquire EquiLend. Loans Deposit experiences Cyberattack stealing personal information of 16.6 million customers. Payments MasterCard and the Clearing House announce an extension of their real-time payments partnership. International digital payments and cards platform BlinkSky secure $1.5 million in funding. Bluefin tuna announcement…

>>venture>>, Switzerland’s largest startup competition, has just concluded its highly anticipated 2024 awards ceremony, crowning the country’s most promising early-stage startups. Among the winners, CLIMADA Technologies AG took first place in the Finance & Insurance category.Since its launch in 1997, the >>company>> The Startup Competition is a must-see event in the Swiss innovation landscape, supporting and celebrating startups for over 25 years.Previous winners and participants have founded more than 1,500 companies and created more than 15,000 jobs in Switzerland, demonstrating the lasting impact of the competition on the regional entrepreneurial ecosystem.The 2024 edition of the competition offered over CHF 500,000…

(Bloomberg) — Salesforce Inc. unveiled a pivot in its artificial intelligence strategy this week at its annual Dreamforce conference, now saying its AI tools can handle tasks without human supervision and changing the way it charges for software.Bloomberg’s most read articlesSalesforce is famous for ushering in the era of software-as-a-service, which involves renting access to computer applications through a subscription. But as generative AI disrupts the industry, Salesforce is rethinking its business model for the emerging technology. The software giant will charge $2 per conversation held by its new “agents” — generative AI designed to handle tasks like customer service…

“I’m going to make him an offer he can’t refuse.” This iconic dialogue from the 1972 cinematic masterpiece, TThe Godfatherbased on the gangster novel by Mario Puzo, appears to be parallel to The buzz around Paytm acquisition captivating the Indian Fintech industry. In recent years, Paytm has been in the news for various reasons, including rumors of a possible acquisition by Mukesh Ambani, Chairman of Reliance Industries. Since then, a lot has changed, and in the last week of May 2024, another major headline emerged: There are reports of a possible deal for Gautam Adani Group to acquire Paytm. Paytm…

The startup ecosystem in India The country continues to thrive, with a variety of companies making remarkable strides in sectors such as drone technology, electric vehicles, fintech, and food delivery. These companies are not only driving innovation, but are also actively shaping the country’s future. Below are some of the most notable companies Startup News Highlights of September 20, 2024: Garuda Aerospace secures new investment for drone innovation Garuda Aerospacea leader in the Indian drone industry, has raised a substantial amount in a new funding round. The company will use the capital to strengthen its research and development, focusing on…

We recently compiled a list of 19 Hot AI Stocks According to Latest Analyst Ratings and NewsIn this article, we’ll take a look at where Amazon.com, Inc. (NASDAQ:AMZN) stands compared to other AI stocks.Exciting new developments in artificial intelligence have continued to pour in over the past few days as the stock market recovers from a major drop in tech stocks. Some of the hottest developments include electronics giant Apple, Microsoft-backed AI startup OpenAI, and software company Adobe. Apple doubled down on its AI efforts with the release of macOS Sequoia, which incorporates AI features designed to improve device performance…

Bitcoin.com NewsLightning Network-Focused Startup Lightspark Sets Sights on Latin AmericaLightspark hopes to enter the Latin American cryptocurrency market using its Latin American partners, including Bitso and Nubank..15 hours ago

Nvidia (NASDAQ: NVDA) is one of the hottest artificial intelligence (AI) stocks in the market since the technology exploded in popularity in late 2022. The company’s graphics processing units (GPUs) are seeing massive demand due to their ability to train large language models (LLMs) and handle inference workloads.However, recent price action suggests that Nvidia investors are now looking for alternatives to capitalize on the AI ​​boom. The stock hasn’t really taken off since Nvidia reported its Q2 FY2025 results late last month. Investors are likely skeptical about Nvidia’s prospects, as the company has seen incredible growth in recent quarters and…

Download the study Trading Platforms Survey: Why Embedded Finance Is the Next Big Bet Payment facilitators (PayFacs) are transforming the way we do business. Entities like independent software vendors (ISVs) and online marketplaces offer services and products, but they need additional help to receive payments. PayFacs can provide that help. New embedded finance solutions enable the direct integration of banking and credit products into retail platforms. This integration offers the potential to generate new revenue streams. PYMNTS Intelligence data shows that ISVs and marketplaces that offer two primary types of functionality (payment acceptance and embedded financial features) are most likely…

Tech Funding NewsAvid Ventures Closes $87M Fund II to Back Transformative Software and Fintech StartupsNew York-based Avid Ventures has launched its second seed fund, closing $87 million..7 hours ago