Digital Financial News

15.12 / 01:31

Digital Experts stage electronic reports travelers MCA preps stage for virtual hearings

NEW DELHI : Soon, corporate lawyers and executives will no longer have to turn up at company registrar offices for case hearings, with the government preparing the ground for virtual hearings on its MCA21 portal. The ministry of corporate affairs (MCA) is set to roll out e-adjudication on its statutory filing portal by March, two people familiar with the development said, drawing comfort from the record number of return filings this year. Once it is launched, all proceedings by the registrars of companies (RoCs) related to company law breaches and defaults will be conducted entirely online.

15.12 / 01:19

Provident Digital Manufacturing Mobile Software information infection BharOS looks to provide its technology for routers

BharOS, an indigenously developed mobile operating system, is considering providing its technology for routers, said Karthik Ayyar, the founder of JandK Operations, an IIT Madras incubated non-profit organisation that has built BharOS. “We are looking at different variants of our operating system for different purposes,” Ayyar told ET.

15.12 / 01:19

Digital Software Align Experts shootings show reports 2024 Eye on higher tech spend in 2024, IT firms see 5-6% rise in hiring

Hiring mandates put out by IT services companies – that had almost completely frozen recruitments in the last few quarters due to weak tech demand – are improving on a month-on-month basis, recruitment firms said.

15.12 / 00:07

Digital Experts innovations R3 joins Emirates NBD Digital Asset Lab

The Digital Asset Lab was announced in May 2023 at the Dubai FinTech Summit, with the goal of enabling and accelerating digital asset and financial services innovation in the UAE. Within the Lab, Emirates NBD aims to collaborate with industry experts to understand how digital assets and their underlying technologies can be utilised within traditional financial services.

15.12 / 00:07

Digital Platform Stealth stage Programmable money startup Pave Bank moves out of stealth

Alongside multi-currency operating accounts and global payment connectivity, Pave Bank is also promising a regulated platform for businesses to transact in stablecoins, Central Bank Digital Currencies, and tokenized Real World Assets.The startup is founded by seasoned banking and fintech executives, Salim Dhanani (CEO), Simon Vans-Colina (CTO) and Dmitry Bocharov (COO). Dhanani was at the World Bank before moving to Carta Worldwide and then co-founded fintech lender and payments business BigPay in Southeast Asia.

14.12 / 21:59

Digital President country reports Explainer-What's next for the EU AI Act?

By Supantha Mukherjee, Martin Coulter and Foo Yun Chee

14.12 / 21:13

Digital Booking Manufacturing CEO economy country innovations ET CEO Roundtable: Tech, talent & risk capital can book India’s ticket to future

In a discussion moderated by Sruthijith KK, the ET CEO Roundtable panellists were not too worried about external headwinds, except for supply chain issues and commodity prices. They were of the view that with its entrepreneurial spirit and a young generation unafraid to take risks, India can forge ahead with the right kind of education and use of technology. What is the one aspect of global turmoil that is impacting your business? And what is one aspect of what India can do to thrive under the circumstances? Kunal Shah: Our industry is kind of limited to the startup ecosystem. The investors are telling us an interesting story —that in our markets, there seems to be this complete distress and we should not be acting.

14.12 / 18:59

Reuters Digital Action Nov performer reports surges Haley backers' spending surges in Republican's last-ditch White House bid

By Jason Lange, Alexandra Ulmer and Gram Slattery

14.12 / 18:59

Digital CEO Mobile NVIDIA performer innovations week Intel stock hits a fresh 52-week high after saying its new AI chip tops Nvidia's H100

At its ‘AI Everywhere’ event in New York today, Intel (NASDAQ:INTC) unveiled a comprehensive portfolio of AI products.

14.12 / 18:45

FIVE Digital CEO economy pandemic Labrador Ontario sees bulk of home price drops. These markets are also seeing declines

Canada’s housing market cooled further in November as sellers joined buyers on the sidelines, hoping for activity to heat back up in the spring, according to the national real estate association.

14.12 / 17:39

Citi Digital Gap Mobile country reports recommendations About 95 pc of country's population uninsured: Report

National Insurance Academy said in a report, which was released on Thursday. Unveiling the report, Irdai Chairman Debasish Panda urged the industry to emulate steps that led to the massive success of the UPI, opening of bank accounts, as well as mobile penetration. Panda said a compulsory natural calamity insurance in high-risk regions — as recommended in the report — is needed if the country wants to achieve insurance for all by the time the nation completes a hundred years as a republic.

14.12 / 17:09

Provident Digital Death information reports travelers How do you claim insurance if FIR is pending after accident?

—Name withheld on request Navigating the insurance claim process in the aftermath of a fatal car accident with a pending police FIR can be intricate. However, the mandate to submit an FIR depends on multiple factors related to the accident. Inform the insurer promptly, if you already haven’t so that they can provide the family with right and timely assistance.

14.12 / 16:33

Ethereum Provident Digital Platform Action Strategy Bitcoin Brazil's largest private bank Launches Crypto Trading Platform in Brazil

A Step Into the Cryptocurrency Market

14.12 / 15:16

Citi Target Digital Extreme country cover reports Climate change: Why Indians should look at home insurance more seriously

A home is in all likelihood the most expensive asset purchase people make during their lifetime. However, when it comes to adequately protecting this asset, we tend to be targets of optimism bias. It is no surprise that home insurance penetration is just about 1% in India. This is in stark contrast to countries like US, UK, France, Australia and China that have home insurance penetration in the range of 90-97%.

14.12 / 15:14

Digital Aware Deloitte Death innovations information reports How does insurance fraud affect consumers? Here are 4 ways to avoid them

The rise of insurance fraud in India is a troubling issue, as innocent policyholders are increasingly falling victim to fraudulent activities. According to Deloitte's Insurance Fraud Survey 2023, the Indian insurance sector has witnessed a substantial surge in fraudulent activities within the life and health insurance domains. Around 60% of respondents noted a significant increase in fraud, with an additional 10% reporting a marginal rise.

14.12 / 15:08

FIVE Digital Career CEO Caterpillar Strategy country Scotiabank CEO shifts focus to North America, vows 'significant' change in mindset

The Bank of Nova Scotia will reallocate capital from developing markets to developed ones, prioritizing Canada, the United States and Mexico in that order, as it seeks to bolster profitability and shareholder returns, chief executive Scott Thomson said Dec. 13 as he unveiled a much-anticipated strategic update.

14.12 / 15:01

Digital Progressive Google Remark NVIDIA Celebrity voice Yann LeCun Discusses AI Progress and Quantum Computing at FAIR's 10th Anniversary

Recently, Meta celebrated the tenth anniversary of its Fundamental Artificial Intelligence Research (FAIR) team. This occasion was highlighted by Yann LeCun's views about the present state of artificial intelligence as well as its potential in the future. The remarks made by LeCun, a prominent person in the field of artificial intelligence, were particularly centered on the ever-changing environment of AI technology and the path that leads to human-level AI.

14.12 / 14:59

Target Digital Platform Strategy Actor country Cyber North Korea's Cyber Onslaught on Cryptocurrency: A $3 Billion Digital Heist

In recent years, North Korea has notably intensified its cyber operations, particularly targeting the cryptocurrency industry. This strategic shift emerged around 2017 when the country's cybercriminal activities, previously focused on traditional financial institutions, pivoted towards the burgeoning field of digital currencies. The impetus for this change was likely due to the increased scrutiny and enhanced cybersecurity measures adopted by banks and financial institutions following a series of high-profile heists, including the infamous Bangladesh Bank robbery, according to Recorded Future .

14.12 / 14:59

Blockchain Provident Digital Strategy Actor reports Department Circle Formally Refutes Allegations of Illicit Financing and Connections to Justin Sun

Circle, a leading issuer of stablecoins, has recently addressed and strongly refuted allegations regarding its involvement in illicit financing and alleged connections with Justin Sun, the founder of Tron. These claims, brought forward by the nonprofit watchdog organization, Campaign for Accountability (CfA), prompted Circle's Chief Strategy Officer and Head of Public Policy, Dante Disparte, to write a formal response to U.S. Senators Elizabeth Warren and Sherrod Brown.

14.12 / 14:59

Blockchain Ethereum Provident Digital Google show information Ethereum Team Leader Critiques University's Apathy Towards Crypto Education

The Ethereum team leader, Péter Szilágyi, recently expressed his dissatisfaction regarding his alma mater's apparent disinterest in providing students with opportunities to engage with Ethereum technology. Szilágyi's frustration was articulated through a series of tweets on December 3, 2023, where he recounted his efforts to foster genuine interest in Ethereum at his former university.

14.12 / 14:58

Digital Mobile Coindesk Bitcoin country reports Turkish Banking Titans Move into Crypto Space, Anticipating Upcoming Legislation

As Turkey prepares for new legislation in the crypto sector, major banking institutions in the country are making moves to secure their positions in the digital asset space.

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