Author: nripn

The fintech job market is booming globally, driven by both startups and larger players operating across a wide range of market segments. The fintech sector is now a major employer in financial hubs such as London, New York, Hong Kong and Singapore.Fintech employers, however, are currently facing the same challenge: hiring people with the mindset and technical skills to move their businesses forward in critical roles such as blockchain development, data science and software engineering.To help businesses navigate this challenging job market, eFinancialCareers hosted our first World Fintech Expo on November 9 and offered recruiters unique access to thousands of…

He was speaking at the inauguration of Digital India FutureLABS at the Indian Institute of Information Technology (IIIT), New Delhi.2 min read Last updated: Feb 03, 2024 | 10:01 PM ISTMinister of State for Electronics and Information Technology Rajeev Chandrasekhar on Saturday said an industry regulator has absolute authority to take action within its sector, and being a fintech or a technology company does not absolve them from regulatory oversight. “A sector regulator has absolute authority to regulate every company that is a regulated entity within the sector. The Reserve Bank of India (RBI) has done that and it is…

Financial services, along with law and market research, are the top three industries that will be first to feel the effects of GenAI implementation, with Morgan Stanley, Bank of America and Northwestern Mutual among the most “notable” companies affected, according to a report. Generative Artificial Intelligence and the World of Workby the Society for Human Resource Management (SHRM) and the Burning Glass Institute. For CIOs in these areas, this may mean that there will be fewer employees with technology needs to organize and supervise; however, there will be new and different challenges in the forms of implementation and management of…

Fintech Lending Startup Axio raised $20 million in a equity financing round Since Amazon Smbhav Venture Capital Fund.The new funds will be used to drive growth, expand lending operations, expand cash register financing use cases and introduce more credit products to customers throughout their financial lifecycle, it said in a statement Friday.The funding comes as equity transactions gain momentum in the digital credit sector focused on micro, small and medium enterprises (MSMEs).August 14, ET Flexiloans in talks with a group of global and domestic investors to raise approximately $35 million in new funding. Similarly, Indifi Technologies, another SME lender, raised…

AGBA Group Holding LtdLOS ANGELES, May 15, 2024 (GLOBE NEWSWIRE) — NASDAQ-listed AGBA Group Holding Limited (“AGBA” or the “Company” or the “Group”), a leading one-stop financial supermarket in Hong Kong, has released its financial results for the first quarter of 2024. AGBA is pleased to announce its expansion plans, including the planned acquisition of Triller in the United States and the completion of the acquisition of Sony Life in Singapore. The company is in the process of acquiring Triller and looks forward to the successful completion of the transaction. Upon completion, AGBA will relocate its headquarters to Los Angeles.The…

Apple (AAPL) will host its annual iPhone launch event on Monday, September 9, at its headquarters in Cupertino, California.CEO Tim Cook is expected to headline the keynote address, which will reportedly include the launch of the iPhone 16 lineup, the 10th anniversary edition of the Apple Watch and updated AirPods.That’s a lot of hardware, but Wall Street isn’t counting on new iPhones or special edition Apple Watches to move the company’s stock price. Instead, all eyes will be on Apple’s Intelligence platform, which is powered by generative artificial intelligence.Apple Intelligence is the company’s big initiative to bring generative AI capabilities…

Google’s search engine job cuts are visible on screen with Google’s mobile app. (Photo illustration by Jonathan) … (+) (Raa/NurPhoto via Getty Images)NurPhoto via Getty Images Tech companies in the US have laid off workers 131,000 According to Crunchbase, massive job cuts are on the rise this year. But beyond the doom and gloom, fintech companies are still hiring. The problem is the misconception that landing a job in fintech requires skills in the broader tech field. While this is true in some cases, the fintech sector differs significantly from large tech companies. For starters, fintech companies have a startup…

In a potential game-changer for Solana’s meme currency journey, BonkEuropean fintech giant Revolut is considering going public, marking a turning point in the token’s journey towards mainstream adoption and part of the broader Learn and Earn $1.2 Million campaign.Read on to separate the hype from the potential and decide if BONK deserves a place in your cryptocurrency portfolio.The ambitious Learn and Earn campaignBonk DAO’s Learn and Earn campaign plans to distribute 93 billion BONK tokens to participants, with the primary goal of increasing Bonk’s user base by 500,000 users. The strategic collaboration with Revolut, which has 38 million users, promises…

This year has seen major upheavals in banking and financial regulation, including the issuance of a detailed self-regulatory framework by the Reserve Bank of India (RBI). With the growth in the number, scale and operations of various categories of regulated and unregulated entities, increased adoption of innovative technologies and heightened customer awareness, the RBI is limited in its ability to directly monitor everything. To combat this and taking a cue from other jurisdictions, the RBI is promoting self-regulation both as a mechanism for indirect oversight of such entities and as a means to foster a culture of compliance, innovation, transparency…

Egyptian Fintech Startup Sahl Raises $6 Million in Series A Funding RoundThe startup is expected to use the capital raised to strengthen its local operations and fund its expansion into the Kingdom of Saudi Arabia. June 13, 2024