Author: nripn

OneStream AI-Powered Anomaly Detection, Scenario Modeling, Other Microsoft Partnership Extensions and Solution Exchange Announced at OneStream Splash EMEA COPENHAGEN, Denmark, September 18, 2024 /PRNewswire/ — UnStream (NASDAQ: Operating system), the leading enterprise financial management platform that modernizes the CFO’s office by unifying core financial and operational functions – including financial close, consolidation, reporting, planning and forecasting – today announced at OneStream Splash EMEA a series of new developments, including AI Anomaly Detection, OneStream Navigation Center and more, that build on its AI-driven portfolio and core finance innovations announced in May. “As economic volatility and regulatory changes continue, CFOs are being…

Company logoNorth American Fintech Market The largest Fintech companies in the United States in billions of USD in 2021North American Fintech Market The largest Fintech companies in the United States in billions of USD in 2021Dublin, Jan. 23, 2024 (GLOBE NEWSWIRE) — The “North America Fintech Market Size and Share Analysis – Growth Trends and Forecast (2023-2028)” the report has been added to ResearchAndMarkets.com’s offer.The North American Fintech market size in terms of transaction value is expected to grow from USD 4.93 trillion in 2023 to USD 9.52 trillion in 2028, at a CAGR of 14.07% during the forecast period…

(Bloomberg) — Hong Kong’s government is preparing to issue its first policy statement on the use of artificial intelligence in finance, according to people familiar with the matter, a move that could catalyze the technology’s use in areas ranging from trading to investment banking and cryptocurrencies.Bloomberg’s most read articlesThe city’s Bureau of Financial Services and Treasury plans to release a framework of guidelines to address the ethical use of AI and general principles for applying the technology in the financial world, the people said, asking not to be identified discussing private information. Officials are still drafting the document while gathering…

Links to the breadcrumbsFintechInvestorNewsWealthFintech startup Intelligent Alpha launches fund that aims to harness the thinking of the world’s most illustrious mindsAuthor of the article:Bloomberg NewsVildana Hajric and Justina LeePublished on September 18, 2024 • Last updated 12 hours ago • 4 minutes reading time You can save this article by registering for free here. Or log in if you have an account.Warren Buffett, American investment legend. Photography by Houston Cofield /BloombergArticle contentIt may be Wall Street’s boldest bid to exploit new technologies. AI tools to imitate the legends of finance.Fintech startup Intelligent Alpha launches a Chatbot powered ETF which promises…

We recently compiled a list of Top 10 Fintech Stocks to Buy NowIn this article, we will look at how Nu Holdings Ltd. (NYSE:NU) stands relative to other fintech stocks. If you are interested, you can also read our article on the The 12 Best Financial and Fintech ETFs to Buy.Fintech services have become an integral part of our lives in recent years, transforming the financial sector in a big way. Consumers no longer need to queue up at banks to get their statements, make money transfers or carry heavy wallets to pay for groceries in cash only. Mobile banking,…

Microsoft (MSFT) is further integrating its AI-powered Copilot technology into its Microsoft 365 productivity products, including Excel, PowerPoint, Outlook, and Teams. The updates, which include the ability to use Copilot to write PowerPoint presentations and a feature that prioritizes your emails in Outlook, are part of what the tech giant is calling its Copilot Wave 2 rollout.In addition to improvements to its Microsoft 365 apps, Microsoft also announced a new collaboration tool called Copilot Pages, which allows teams of workers to access, edit and manipulate data on a single page using information pulled from Copilot.The company also launched a new…

Nvidia has been a spectacular investment in recent years. The stock has soared more than 700% since January 2023 amid excitement around artificial intelligence (AI). But excitement is a double-edged sword. Many companies are now design custom AI chipsand some investors fear Nvidia will lose Market share.The following hedge fund billionaires weathered the storm by selling Nvidia shares in the second quarter and redeploying capital into the Invesco QQQ Trust (NASDAQ: QQQ)a growth-oriented index fund that tracks the performance of Nasdaq-100 hint.AQR Capital’s Cliff Asness sold 1.3 million shares of Nvidia, reducing his stake by 8%. He also bought 9,254…

Kaleidofin, a financial services company that caters to small and growing businesses in the informal sector, said it has raised $13.8 million in a new funding round.The round was led by Rabo Partnerships BV, which invested $11 million, along with existing investors Michael & Susan Dell Foundation, Oiko CreditOmidyar Network India and Flourish contribute the rest. So far, kaleidophine raised a total of $37 million in funding.The startup will use the investment to grow its loan portfolio and expand its credit scoring, middleware and risk management services through partnerships.Founded in 2017 by Puneet Gupta and Sucharita Mukherjee, kaleidofin aims to…

New platform features equip finance professionals and internal and external auditors with advanced AI tools to detect anomalies, ensure compliance and strengthen risk managementOTTAWA (ONTARIO), September 17, 2024 /CNW/ – The MindBridge Conference – Mental bridgethe leading AI-powered financial risk intelligence platform, announced significant enhancements to its MindBridge AI™ platform at the MindBridge Conference. These enhancements come as MindBridge continues to redefine financial integrity by providing finance professionals and auditors with a platform to analyze all financial transactional data, at any time. The new capabilities enable organizations to contextually visualize and manage financial irregularities, whether due to errors, risks, or…

The new funding will be used to enhance its loan portfolio and expand its credit scoring, middleware and risk management services through strategic partnerships. Fintech startup Kaleidofin has raised $13.8 million in a funding round led by Rabo Partnerships. Existing investors Michael & Susan Dell Foundation, Oikocredit, Omidyar Network India and Flourish also participated in the round, according to the media report. The new funds will be used to expand its loan portfolio and expand credit scoring, middleware and risk management services through select partnerships. This brings the total funds raised by kaleidofin since its inception to $37 million. In…