Author: nripn

Bitcoin.com NewsLengthy Licensing Processes Stall Kenyan Fintech StartupsFintech startups face significant challenges when expanding into Kenya, mainly due to the lengthy and complex licensing process….7 hours ago

Welcome to The Fintech Times Bi-weekly news roundup for Tuesday, July 16, 2024 bringing you the latest updates from around the world.AppointmentCUBE, a British regtech backed by mercury, has welcomed new members to its board of directors. Chelsea FC CEO Chris Jurasek joins as non-executive chairman, while Emma Brown joined as CFO. Stephane Besson He joined the CUBE Board of Directors earlier this year and continues to serve as a non-executive director. The Founder and CEO of CUBE is also a member of the CUBE Board of Directors. Ben Richmondas well as Christopher Fielding And Thomas Martin from CUBE’s investment…

AI is maturing at an exponential rateGenerative AI is working and the hallucination problem is easing, says Rob Havasy, senior director of IT strategy at HIMSS..13 hours ago

Listen to the article 6 minutes This audio is automatically generated. Please let us know if you have back. On Tuesday, CFO.com hosted The Future of Finance Virtual Conference to discuss the transformative leadership role of today’s CFOs. Financial leaders — including Dr. Tim Naddy of Savannah Bananas, Amy Butte of Navan And Jean Cappadona EverSmith Brands — joined the CFO editorial team to offer insight into how the finance role of the future will take shape. The sessions covered several hot topics important to today’s CFOs, including the use of AI in finance, finding talent for your finance team,…

SPRINGFIELD, Mass. — Western New England University announced its new FinTech AI 413 Startup program Wednesday. FinTech, short for Financial Technology, involves computer programs that support financial needs such as mobile banking and money transfer applications. The program will aim to teach students how technology is used in business areas such as tax preparation, credit cards and banking. The course will also provide financial literacy and teach students how to combine these skills with AI to develop their own software applications. WNE President Robert Johnson said it can be very difficult for startups and small businesses to succeed without knowing…

THE FinTech The report is an in-depth examination of the overall consumption structure of global FinTech, development trends, sales techniques and sales of major nations. The study covers well-known suppliers in the global FinTech industry, as well as market segmentation, competition and the macroeconomic climate. A comprehensive FinTech analysis takes into account a number of aspects, including a country’s population and economic cycles, as well as market-specific microeconomic implications. The global market study also includes a section on the specific competitive landscape to help you better understand the FinTech industry. This information can help stakeholders make informed decisions before investing.…

In response to the rapid evolution of financial technology, Luxspin Global Holding recently made the strategic decision to significantly increase its investments in artificial intelligence (AI) and blockchain technology. This move demonstrates the company’s commitment to adopting cutting-edge technologies that aim to improve operational efficiency, enhance customer experience, and enhance the security and transparency of financial transactions. By leveraging these advancements, Luxspin aims to further drive innovation in the financial services industry. The financial sector is currently undergoing a transformation, largely driven by AI and blockchain technologies. AI, with its advanced data processing and predictive analytics capabilities, is becoming increasingly…

Amazon Web Services (AMZN) partners with Oracle (ORCL) as part of a new strategic partnership, launching Oracle@AWS DatabaseAWS CEO Matt Garman said the partnership was driven by a desire to offer something unique and valuable to customers.AI is a major focus for AWS. Garman tells Yahoo Finance, “When the generative AI wave came along, we took a step back and asked, ‘How do customers really want to take advantage of this?’ They want a really secure infrastructure. They want low cost. They want all the best features possible. So we built an enterprise platform so customers can actually embed AI…

Omnisient, leader in privacy-preserving data collaboration, receives globally recognized award Finovate Financial Inclusion Excellence Award 2024. Omniscient was the only African fintech to be recognized as a leader in its category. The award, presented in the United States, recognizes both established institutions and rising stars that have made significant strides in providing innovative and effective products and services to the financial services industry. Each winner was selected from a pool of finalists who have each demonstrated exceptional contributions to society and developed breakthrough solutions that have reshaped the fintech landscape. The Excellence in Financial Inclusion award specifically recognizes institutions that…

The billionaire founder of Revolut has sold hundreds of millions of dollars worth of shares in the banking and finance app as he climbs the ranks of Europe’s richest people.Sky News has learned that Nik Storonsky, the company’s chief executive, sold between 40 and 60 per cent of the shares sold by employees in a secondary share sale that closed last month. That would mean Mr. Storonsky had cashed in shares worth between $200 million and $300 million — a small proportion of his participation in the company he created in 2015.The entrepreneur, whose stake in Revolut is estimated to…