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This collaboration aims to create a unified and robust ecosystem that accelerates the growth of financial technology through innovation, research and support for startups.NEW DELHI: International Institute of Information Technology (IIIT) Bengaluru Innovation Centre (IIIT-B IC) and Reserve Bank Innovation Hub (RBIH) have signed an agreement to foster growth and innovation in the Indian financial technology (Fintech) sector.The collaboration was formalised at a ceremony at the RBIH office in Bengaluru. The event was attended by senior executives from both institutions, including Lakshmi Jagannathan, CEO, IIIT-B IC, and Aakarsh Naidu, Head of Fintech and Startups, RBIH. According to the official press…
Are you fascinated by new technologies like cryptocurrency, blockchain, and artificial intelligence (AI)? If so, and you’re interested in pursuing a leadership or management position in this field, it may be time to go back to school. Specifically, a Master of Science in Financial Technology (FinTech) can provide you with the essential knowledge and skills you need to succeed in this dynamic industry. Of course, admission requirements for fintech programs can vary widely across universities, and some programs can be extremely competitive. It’s important for students interested in pursuing a fintech education to understand what the typical admissions process entails…
Fintech giant Brex, valued at $12.3 billionlays off 20% of its staff, Fortune learned. According to a company employee, an internal meeting was called for 11:30 a.m. EST and was held an hour later, when the job cuts were announced. “We knew about this for about a week through rumors. Engineering people knew about it before anyone else,” the source said. Fortune. Cosmin Nicolaescu, Brex’s technical director, will step down and take on an advisory role. Nicolaescu has been with Brex for just over five years. A Brex spokesperson made the connection the company’s latest blog post when asked to…
By Max A. Cherney and Kenrick CaiCUPERTINO, California (Reuters) – Apple unveiled its highly anticipated artificial intelligence-powered iPhone 16 on Monday and promised improvements to its Siri personal assistant as it rolls out new software that will begin testing next month.“The next generation of iPhone was designed from the ground up for Apple Intelligence, and it marks the beginning of an exciting new era,” CEO Tim Cook said at the product launch.Apple shares closed the day at $220.91, just hours before Huawei launched a tri-fold phone, underscoring the competitive challenge the iPhone maker faces. Apple has yet to announce an…
https://www.pexels.com The use of fintech has grown at a very rapid pace in different fields and has changed the way they perform and complete financial transactions. The legal sector, which has traditionally been considered the slowest to adopt technology, is experiencing a revival of innovation due to the emergence of financial technologies. This has led to changes in data management, increased efficiency and ways to make payments. The role of fintech is transforming the way legal practitioners and their clients work as well as the industry as a whole, marking the beginning of a new phase in the delivery of…
Join us at Fintech Revolution SummitIndonesia’s first fintech event, the October 24, 2024 In Jakartathe financial center of APAC. This summit will bring together over 400 BFSI experts and fintech leaders to discuss trends and investment opportunities in financial technology. Participants will include fintech founders, central bankers, FSI experts, regulators, policymakers, technologists, entrepreneurs, investors, academics and media from across the globe. Key profiles include CFOs, digital payments leaders, IT, fintech, CIOs, retail banking leaders, customer experience, angel investors, anti-money laundering and financial regulatory leaders. Expect to see a range of fintech and banking technology solution providers, cybersecurity companies, e-payment and…
AI Governance, Education and Engagement Has IncreasedProvidence is starting to see the breadth of AI in clinical use cases and implementation evaluation, says Dr. Eve Cunningham, head of the Virtual Division….2 days ago
After the Bitcoin and Ethereum ETFs SuccessAttention is now turning to Cardano (ADA), with rumors of a possible Cardano ETF gaining traction. Recently, Cardano founder Charles Hoskinson sparked optimism with a tweet suggesting that a Cardano ETF could be on the horizon. Could this new development push the price of Cardano (ADA) back to its all-time high of $3.10?Is Cardano ETF in play?The speculation began when Tap Tools, a platform for tracking Cardano-based tokens and NFTs, tweeted about a possible “ADA ETF coming soon.”Charles Hoskinson’s lighthearted response to the tweet with a GIF titled “Fine, I’ll do it myself” fueled…
The area of regulatory compliance is complex and dynamic, presenting an ongoing challenge that is critical to the operational strategies of financial institutions.Ascensionan integrated regulatory lifecycle management platform, recently explored how businesses can ensure they effectively manage their regulatory lifecycle. Every day, businesses face an onslaught of new regulatory content—including topical updates, guidance, speeches, enforcement actions, and amendments—that must be disseminated, analyzed, and integrated quickly and accurately into daily operations.The essence of effective regulatory lifecycle management lies in providing the right information to the right people, ensuring transparency of risks and obligations, and maintaining a traceable and accurate change management…
SUMMARY The programme will target sectors operating in artificial intelligence, e-commerce, financial services, healthcare and edtech as well as ‘Bharat’ focused startups. Accel said it would invest up to $1 million in selected startups, along with $5 million in incentives. Applications for Accel Atoms 4.0 open next Monday (September 16) and close on November 17 Multi-stage venture capital firm Accel, which counts Moneyview, Flipkart, Swiggy and Moglix among its unicorn portfolio, has announced the fourth cohort of its flagship pre-seed investment programme Atoms. The programme will target startups operating in artificial intelligence as well as ‘Bharat’-focused startups working in sectors…