Author: nripn

Funding for Latin American startups increased in the second quarter, driven by a resurgence in late-stage deals. In total, South and Central American companies raised $791 million in seed-to-growth funding in the second quarter of 2024, according to Crunchbase data. That’s a 25% increase from the previous quarter and a 17% increase from the previous year. The recent gains follow an unusually weak first quarter, during which funding to the region hit a multi-year low. And while the latest numbers look stronger, we are still well below the highs reached during a string of records in 2021, as the chart…

Healthcare Financing NewsHow AI is being integrated into operations and clinical decision supportTo reach the end state, healthcare systems need secure, accessible and interoperable data, says Hal, president and CEO of HIMSS….4 hours ago

Dr. Sreenivasan, Director General of Human Resources, IREDA, World Fintech Council, at the inauguration of the Fintech Innovation Centre at the University of Kuala Lumpur on Wednesday. | Photo Credit: KVS Giri Financial technology (Fintech) is creating new job opportunities and projects not just for the financial sector but for every segment, from consumers to financial institutions and new entrants to regulators, said Sreenivasan Poornaiya, board member, Fintech Council Of India (FCI).Addressing students at KL Deemed to be University after the inauguration of a Fintech Innovation Lab set up on campus on July 31 (Wednesday), he said fintech offers many…

Just 1 and a half days away from the highly anticipated Bitcoin HalvingThe crypto community is abuzz with speculation about its potential impact on prices. As the countdown continues and There are less than 250 blocks left to mineCoinify CEO Rikke Staer suggests that it’s possible to “buy the rumor and sell the news” for this halving. However, others believe that this slowdown could signal a recession before a significant price rally.Approaches to Bitcoin HalvingAccording to Coinify CEO, the halving of miner rewards cuts less efficient mining operations in half and could become unprofitable. “These miners could be forced to…

By Adelia Castelino – Co-Founder and CEO, In-Solutions GlobalIndia financial technology The fintech industry, which is currently the third largest in the world, is expected to generate a significant annual revenue of $70 billion by 2030, according to a recent report by Elevation Capital and McKinsey. In the dynamic world of fintech, where technological progress frequently outpaces regulatory frameworkscompliance with ethical standards becomes crucial. This is where corporate governance appears to be an essential factor in guiding companies towards sustainable growth and ethical conduct. Corporate governance frameworks are tasked with establishing transparent channels of communication with regulatory authorities, overseeing compliance…

Finally, some good news! This week, we were pleasantly surprised to see that FTX Fraud Victims Could Get Some of Their Money Back — although not as much as they had hoped. But that was not all: Mary Ann Azevedo, Kirsten Korosec And Alex Wilhelm I had a lot more to say this week about Equity. We discussed why investors are attracted to Amae Healthwhich is developing an in-person approach to mental health care in an increasingly digital space. We were also curious about Lucid Bots, a North Carolina startup that has started building drones to clean windows in high-rise…

A first in the UK, Lloyds Bank has partnered with Cleareye.aia specialized artificial intelligence platform, using AI to streamline the processing and compliance verification of trade finance documents to increase efficiency for clients. Cleareye.ai’s ClearTrade technology will be implemented starting this month. This cutting-edge technology will use optical character recognition (OCR)*, machine learning, and natural language processing algorithms to extract critical information from trade documentation. This includes digital and paper import and export documentary letters of credit, documentary collections, commitments, and trade loans. AI-powered technology will also enable automated document reviews – in line with the International Chamber of Commerce’s…

Santander Bank and Google have reached an agreement to offer a free course on AI (artificial intelligence) to anyone over the age of 18 worldwide. The course, Santander | Google: Artificial Intelligence and Productivityis launched today on the Santander Open Academy platform, available in English, Spanish and Portuguese. It offers an overview of the potential of AI at home and at work. This course aims to help participants increase their productivity, learn the basics and develop the skills needed to automate tasks, come up with ideas and solve problems more efficiently. According to Rafael Hernández, global director of Santander Universities,…

Dell Technologies (DELL) Founder and CEO Michael Dell believes rumors of declining AI spending are greatly exaggerated.“There are always bumps in the road when you launch a rocket and you create new capabilities. You have new product cycles. You launch new things. And some customers want the existing ones to be available faster. Others want to wait for the new ones. We have all of that,” Dell told Yahoo Finance at the Citi TMT conference in New York on Wednesday.“But the macro picture here is very, very clear, and that is that there is tremendous demand. It is growing. It…

6 minutes reading time Last updated: June 17, 2024 | 00:26 ISTFifteen days after the Reserve Bank of India (RBI) released its ‘Framework for Self-Regulatory Organisations for Fintechs (SRO-FTs)’, the first signs of change in the way the sector perceives itself are here. The Fintech Association for Consumer Empowerment (FACE) – an applicant to the OAR-FT – “is considering expanding its mandate to fintech beyond the credit ecosystem… so that fintechs, regardless of their activity and size, can contribute to the industry’s goals and receive distinct value for their unique needs,” says Sugandh Saxena, its chief executive officer (CEO). This…