Author: nripn

Financial regulators In all countries, they have the “delicate” task of finding a balance between regulations and innovationgiven the rapid advances in technology, said Matthew Blake, director of World Economic ForumCenter for Financial and Monetary Systems.Countries in the Asia-Pacific (Apac) region have a more accommodating regime for fintech companies than others, said Blake, a member of the WEF executive committee.Citing a January 2024 report by the WEF and the Cambridge Centre for Alternative Finance, he said that around 70% of fintech entrepreneurs surveyed gave the regulatory environment in the APAC region a favorable rating, higher than the global average of…

Bombay: Looking for the best? If yes, you are in the right place. To stay competitive in today’s e-commerce world, startups need to embrace modern technologies. One such important aspect of every banking operation is an application programming interface (API). These solutions allow businesses to offer a variety of financial services, from payments to loans, among others, through easy-to-access APIs. In this blog, we will analyze different options for fintech startups. The Importance of API Banking Solutions in Fintech StartupsAPI banking solutions play a crucial role in any startup for many reasons, including providing them with the flexibility, scalability, and…

Saying that the impact of technology on the world is a turning point, Gov. Phil Murphy – speaking Tuesday at the FinTech Forum in Montreal – urged leaders in New Jersey and Quebec to work together. “At a time when the world is buffeted by disruptions – from inflation to climate change to two open wars – we must chart a better path forward,” he told a packed audience during a keynote address that opened the two-day conference. Murphy told the audience that the technology world is at a turning point. “With every passing day, we see new areas of…

Today, the Financial Markets Authority (FMA) has released a study into the use of artificial intelligence (AI) in the financial services sector in New Zealand. The study was conducted as part of the FMA’s Occasional Paper Series and examines how AI is currently being used in New Zealand financial services and how AI could be applied in the future. FMA press release and research paper available here And here. Who needs to read it? Why? This research report will be of interest to all financial services providers using or considering the use of AI. It helps inform the FMA’s future…

Justin Sun spoke to X to address liquidation rumors.The statement comes as cryptocurrencies are in free fall.Tron founder Justin Sun has denied rumors that his positions were liquidated following a fall in cryptocurrency prices.Rumors began circulating on X early Monday morning Asian time after an account with just over 11,000 followers posted, “Justin Sun has finally been liquidated.”“The rumors that our positions are being liquidated are false,” Sun said. “We rarely use leveraged trading strategies because we believe such transactions do not significantly benefit the industry.”“Instead, we prefer to engage in activities that provide greater support to the industry and…

Banks, non-banks and fintechs have just one year to prepare for some of the biggest regulatory upheavals that will fundamentally impact the way they do business.Alex Reddish, Tribe Payments CEO delves into the intricacies of PSD3, PSR and FIDA – regulations set to reshape open banking, data access and security in the financial sector.Banks, non-banks and fintechs have just one year to prepare for some of the biggest regulatory upheavals that will fundamentally impact the way they do business.Alex Reddish, MD, Tribe PaymentsThe upcoming Payment Services Directive (PSD3), the Payment Services Regulation (PSR) and the Financial Data Access Frameworks (FIDA)…

Healthcare Financing NewsPatient outcomes and safety are at the heart of clinical AIAtlantic Health System, which had a “maybe AI-first” approach, is shifting to an AI-first approach, says Sunil Dadlani, chief information officer and…11 hours ago

Free Newsletter Get the latest Fintech Singapore news delivered to your inbox once a month The COVID-19 pandemic has disrupted traditional businesses and work environments around the world. On the other hand, the pandemic has also created new job prospects and lucrative opportunities in the face of digital change. With the rise in technological advancements further triggered by the pandemic, industry leaders are now looking for up-to-date information technology skills to fuel development and increase productivity. Source: SMU Facebook page THE Singapore Management University(SMU) Master’s Program in Business Information Technology (MITB) opens up various opportunities for students looking to make…

PastPay, a Budapest-based B2B payment solutions provider, announced on Tuesday that it has secured €12 million in a Series A funding round led by Platina Capital, making it the largest B2B payment solutions provider in the world. BNPL increase throughout the EEC. Platina Capital is a global private equity and venture capital firm. The VC company’s mission is to provide the most promising companies with international and national growth potential, thereby improving their global competitiveness. Other investors including MBH Bank, Advance Global Capital, Quantic Financial Solutions, STRT and BNL Start Partners, as well as several leading private investors, such as…

Stay informed with free updatesSimply sign up for the Technology sector myFT Digest – delivered straight to your inbox.The enthusiasm for artificial intelligence masks weakness across much of the tech sector, with many companies “still in recession” after a slowdown that began in 2022, according to investors and analysis of recent financial reports.Massive gains in the share prices of major companies that were supposed to be the primary beneficiaries of AIStocks like Nvidia and Microsoft have helped erase memories of a terrible 2022, when the tech-dominated Nasdaq Composite fell by nearly a third. However, beneath the surface, many tech companies…