Author: nripn

New platform features equip finance professionals and internal and external auditors with advanced AI tools to detect anomalies, ensure compliance and strengthen risk managementOTTAWA (ONTARIO), September 17, 2024 /CNW/ – The MindBridge Conference – Mental bridgethe leading AI-powered financial risk intelligence platform, announced significant enhancements to its MindBridge AI™ platform at the MindBridge Conference. These enhancements come as MindBridge continues to redefine financial integrity by providing finance professionals and auditors with a platform to analyze all financial transactional data, at any time. The new capabilities enable organizations to contextually visualize and manage financial irregularities, whether due to errors, risks, or…

The new funding will be used to enhance its loan portfolio and expand its credit scoring, middleware and risk management services through strategic partnerships. Fintech startup Kaleidofin has raised $13.8 million in a funding round led by Rabo Partnerships. Existing investors Michael & Susan Dell Foundation, Oikocredit, Omidyar Network India and Flourish also participated in the round, according to the media report. The new funds will be used to expand its loan portfolio and expand credit scoring, middleware and risk management services through select partnerships. This brings the total funds raised by kaleidofin since its inception to $37 million. In…

California Gov. Gavin Newsom has signed three bills aimed at combating the misuse of videos, audio and images created by artificial intelligence, part of a broader effort to crack down on election deepfakes.Newsom had sworn to pass the legislation after billionaire tech CEO Elon Musk circulated a deepfake video on his platform, X, in July featuring altered images of Vice President and Democratic presidential candidate Kamala Harris.The governor signed the bills during an informal discussion with Salesforce (CRM) CEO Marc Benioff at the annual Dreamforce conference in San Francisco on Tuesday.Assembly Bill 2355 will require political ads to disclose whether…

The first deadline set by the U.S. Securities and Exchange Commission (SEC) for a spot Ether ETF falls on May 23. Its approval would be a significant event not only for investors, but it could also represent a significant change in the current status quo of U.S. cryptocurrency regulation. Many in the crypto community did not expect the SEC to approve an Ether spot ETH/USD FNB.But reports that the SEC is requiring updates from applicants and changes to filings by U.S. asset managers indicate that a spot Ether ETF could ultimately be approved.Sebastian Heine, head of risk and compliance at…

Securities.ioClimate Change Makes Summer 2024 ‘Hottest Summer on Record Globally’Offers the latest industry news and analysis on disruptive technologies, digital assets and digital securities..6 days ago

Rohit Gupta is the CEO and Co-Founder of Auditoria.AIa pioneer in AI-powered automation solutions for enterprise finance teams. Getty Images While much of the lay conversation around AI has focused on marketing assets and app building, finance teams have also wondered how AI could streamline their work. Many financial teams and leaders have set their sights on the emergence of AI teammates and agents, in particular. To be clear, both AI teammates and agents can serve critical functions within an organization and provide a range of benefits. That said, their roles, interactions, and scope of applications differ significantly, and failing…

Senior Software Developer/Engineer (C# .Net) *Newcastle Onsite* up to £130,000+Are you a senior software developer looking for an opportunity to advance your career, working on complex and interesting systems in an impactful role?You could join a FinTech startup as a founding member, they have secure support and an established Hedge Fund client as a partner.As a Senior Software Developer, you will work with a small, talented team to deliver the core platform in a Microsoft environment using the latest versions of C# .Net to produce high-quality code. Once the beta is deployed and tested, the company has ambitious growth plans.…

Cryptocurrency investors are growing impatient as Bitcoin has stagnated since its summer lows. However, there are signs that a major shift is on the horizon. Analysts are optimistic about Bitcoin’s performance in the fourth quarter, and recent rumors that China is reconsidering its cryptocurrency ban have sparked interest in the sector.Here’s what we know about it.Understanding China’s New Anti-Money Laundering RegulationsChina will implement new anti-money laundering (AML) regulations targeting cryptocurrency transactions starting Tuesday. Transactions in virtual assets, including those conducted through cryptocurrency exchanges, will now be classified as money laundering activities. The move, announced by the Supreme People’s Court and…

SUMMARY The new product will allow users and merchants to make or receive payments directly in chats The integrated payment solution will offer users multiple payment modes including credit cards, debit cards, UPI as well as wallet payments On the B2B side, MobiKwik believes that the integration will enable MSMEs to reach a wider customer base through WhatsApp’s user network. Zaakpay, the payment gateway arm of fintech startup MobiKwik, has partnered with social media giant Meta to offer in-app payments on WhatsApp. The new product will allow users to make payments directly in chats, while merchants will also be able…

Credits: Adam Tinworth, via A man and his blog When the The Financial Times (FT) created its AccelerateAI team earlier this year, trying to navigate through the noise and explore both opportunities and threats.“People are tired of talking about whether AI is going to kill us or save humanity,” team leader Liz Lohn, FT’s chief product officer, said at a press conference. The Future of Media Technologies conference last Thursday.From the beginning, the AccelerateAI team decided that they would never jeopardize readers’ trust. They were willing to experiment, but also to shut down if something went wrong.But generative AI isn’t…