Author: nripn

Home NewsLatest News: PM Modi visits Global Fintech Pavilion in Mumbai live Latest News: Stay up to date with the latest developments happening around the world. Read below for today’s top news stories. Latest News LIVE, August 30, 2024: Prime Minister Narendra Modi will visit Maharashtra today to lay the foundation stone for the Rs 76,000-crore Vadhvan Port project in Palghar and will also address the Global Fintech Fest 2024 in Mumbai. In a message posted on X, Prime Minister Modi wrote, “I look forward to being among the people of Maharashtra tomorrow, August 30. I will be participating in…

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A fintech unicorn based in New Delhi BharatPe has joined the Indian government-backed Open Network for Digital Commerce (ONDC) allowing its customers to order food directly through its app. The new feature aims to streamline the customer experience by eliminating the need for multiple apps on a smartphone. The integration will enable BharatPe’s 15 million users to access over 1.4 lakh restaurants across 400+ cities, simplifying food delivery with a more seamless experience. Provide real-time order tracking The integration is the first significant step forward since BharatPe launched its consumer payments platform in August. Customers can now order from local…

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Digital platform 9 Payment Service Bank said women have been able to break barriers in the fintech and finance space despite the challenges they face. This was disclosed by the Managing Director/CEO of 9PSB, Branka Mracajac, at the Digital Pay 2024 Exhibition and Trade Show held in Lagos with the theme ‘Redefining Payment’. In a statement by the digital bank on Tuesday, Mracajac spoke at a session on women in Fintech, titled “Inclusive Finance for SMEs,” designed to mentor participating female students in tertiary institutions in Lagos State. She highlighted that women have made significant inroads in the fintech sector…

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Nicole Inui, head of U.S. and Latin American equity strategy at HSBC, joins BNN Bloomberg to discuss which sectors can withstand the volatility brought on by the recession. (Bloomberg) — HSBC Holdings Plc wants to join the rush to finance the infrastructure needed to deploy artificial intelligence, according to one of the bank’s most senior investment bankers.“We’re expanding our presence in infrastructure finance right now,” Gerry Keefe, co-head of global banking coverage at HSBC, said in an interview with Bloomberg Television on Monday. “That’s going to be a focal point for the next couple of years.”Last week, BlackRock Inc. and…

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Fintech founded in Denmark Ageras announced today that it has lifted 82 million euros for new acquisitions in an oversubscribed private placement round that brings the company’s funding to nearly €200 million. Ageras was founded in 2012 by serial entrepreneurs Rico Andersen and Martin Hegelund as an online marketplace connecting small businesses with accountants and bookkeepers. Today, however, it has has grown into a fintech company with approximately 250 employees and a comprehensive cloud-based software product. Ageras pprovides accounting software to over 300,000 active European small businesses. By integrating its solutions into a single cockpit for invoicing, accounting, payroll, banking…

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Latest News LIVE: ‘If you don’t do it, we will’ – SC on permanent appointment of women in Indian Coast Guard In a hearing on Monday, the Supreme Court asked the government to examine the possibility of permanently posting women in the Indian Coast Guard. According to the Bar and Bench, Chief Justice DY Chandrachud said women cannot be left out. In 2024, the norms do not “hold water”. “If you don’t do it, we will do it. So, look at this,” the Chief Justice said. The remark was made while hearing the case of a woman officer of the…

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Businesses can derive great value from leveraging AI across a variety of use cases in finance and risk. A discussion with Varrlyn experts Stephan van der Windt and Brian Mudhara on the value that can be extracted and what is needed to get there. Artificial intelligence (AI) is rapidly transforming the financial services and risk management landscape, delivering innovative solutions that drive efficiency, improve decision-making and uncover new business opportunities. “AI has the potential to save a lot of manual effort by digitizing processes that previously required human knowledge,” said Stephan van der Windt, director of Varrlyn“In marketing and sales,…

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Free NewsletterGet the latest Fintech Philippines news delivered to your inbox once a monthDigital banking has been growing rapidly in Asia, with countries such as South Korea, China and Japan enjoying reasonable success. In Southeast Asia’s digital banking sector, the Philippines has joined Singapore as an early adopter of digital banking products and services amid a surge in demand for digital transactions in recent years, serving the country’s largely unbanked population.A 2019 report by the Bangko Sentral ng Pilipinas (BSP) noted that 70 percent of Filipinos did not have a bank account. Additionally, a decline in the use of checks…

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We recently compiled a list of The 10 Worst Artificial Intelligence (AI) Stocks to Buy According to Financial Media. In this article, we’ll look at how Arm Holdings (NASDAQ:ARM) stacks up against other AI stocks.Is a 0.5% rate cut aggressive?Analysts have long been predicting interest rate cuts, and the Fed just cut rates by 0.5% on September 18. This is the first rate cut since the pandemic, driven by concerns about the labor market, and followed by market volatility. The new benchmark rate is between 4.75% and 5.0%, with more cuts expected. Fed Chair Jerome Powell has said the cuts…

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