Author: nripn

Ping An Group – meaning peace and security – is a Chinese financial services conglomerate founded in 1988. From humble beginnings in Shenzhen as China’s first joint-stock insurance company, the company has diversified into asset management, finance and banking, and technology.The company is known for integrating technology into its services, using big data, artificial intelligence and blockchain to improve customer experience and operational efficiency.Today, it has 232 million customers and 500,000 employees and agents, meaning that one in 2,000 Chinese citizens works for Ping An.On June 13, 2024, Forbes released its “Global 2000” ranking and ranked Ping An as the…

Continuous improvementIn an industry where developments happen daily, Shawn explained how critical it is for business players to stay on top of digital asset trends and constantly seek to improve their work. He highlighted how his team at Amberdata ensures they stay ahead by investing heavily in technology and research. Long term vision and future trends Looking to the future, Shawn highlighted the potential for growth and transformation in the digital asset industry and how digital assets will seamlessly integrate into the global financial system and establish themselves as a key component. In addition to this, Shawn explored future trends…

The Bangko Sentral ng Pilipinas (BSP) has introduced the Manual of Regulation of Payment Systems (MORPS), marking the first-ever comprehensive codification of payment systems regulations in the Philippines. According to ZaouiaBSP Governor Eli Remolona Jr. stressed the importance of MORPS as a policy framework to support payment system reforms in line with global standards and best practices. The initiative represents a crucial step in making regulatory guidelines accessible, aimed at streamlining the myriad of policies previously issued by the central bank.MORPS is an essential resource for National Payment System (NPS) participants and the general public, providing a detailed guide to…

Founded in 2020 by former employees of credit-scoring startup Clearscore, Yonder offers users a credit card with rewards like meals at high-end restaurants, event tickets, and points toward flights. The startup charges a monthly subscription fee of £15 (about $18.80).The startup initially focused on expats in the UK who didn’t have a credit score, but is now targeting a wider market of non-expat customers living in cities including London, Manchester, Birmingham, Bristol and Bath.“It’s a very challenging time for fintech startups looking to raise money, so we’re very proud of the round we’ve been able to secure in this environment,”…

Securities.ioBreaking news on disruptive technologies and FintechOffers the latest industry news and analysis on disruptive technologies, digital assets and digital securities..18 hours ago

A new fund is using AI to replicate some of history’s greatest investing minds in hopes of boosting clients’ portfolios. The Intelligent Livermore exchange traded fund (LIVR), created by fintech startup Intelligent Alpha, uses OpenAI’s ChatGPT, Anthropic’s Claude, and Google’s Gemini to create a collection of stocks, with a little human help. To build the portfolio, humans will feed the LLM “committee” a deluge of publicly available financial information, coupled with specific investment philosophies for the AI ​​to follow. For example, a strategy might favor value over growth. The ETF, named after famed 20th-century stock trader Jesse Livermore, created its…

dtcpay And Visa announced a strategic partnership to enhance digital payments in Singapore. The collaboration will integrate dtcpay’s digital payment technologies into Visa’s global network, providing access to 130 million merchants in more than 200 countries. The initial phase will introduce the dtcpay Visa Infinite card, allowing users to convert digital currencies to fiat currencies at competitive rates in real time. The card will be available for public registration in Q4 2024. Future phases will focus on developing additional global payment solutions for individuals, businesses and high net worth consumers. As digital currencies gain traction in Asia Pacific, dtcpay and…

Healthcare Financing NewsThe Potential of AI to Impact Patients and Healthcare DeliveryBecause there are barriers to adoption and trust, solutions must be useful, transparent about what information goes into performance….19 hours ago

Visa and Singapore-based digital payment solutions provider dtcpay has partnered to help consumers and businesses convert digital currencies to fiat currency and make digital payments. By integrating dtcpay’s digital payment capabilities into Visa’s global payments network, the collaboration will provide access to 130 million merchants in more than 200 countries and territories, the companies said in a statement released Wednesday (Sept. 18). press release. This capability will further dtcpay’s mission to enable digital currencies to be used and accepted by major financial systems, said dtcpay CEO and co-founder. Alice Liu said in the statement. “By reinforcing this ambition with Visa’s…

The UK government and the FCA have announced plans to review regulations on the disclosure of retail information to improve transparency and investor confidence. This initiative aims to replace the regulation on packaged retail and insurance-based investment products (PRIIPs) inherited from the EU with a tailor-made framework for consumer composite investments (CCIs).Expected to be passed into law as soon as possible, the new regulations aim to give the FCA the authority to implement these reforms. By addressing concerns raised by the existing PRIIPs framework, the revised rules promise to be more tailored and flexible, which will have a significant impact…