A naukri.com initiative
Innovation News
Fintechreview
1M
338
Image Credit: Fintechreview
Bank Digital: The New Standard
- Banking has transitioned from physical branches to digital platforms, becoming the norm for users in managing their finances.
- Digital banking encompasses various online services like mobile apps, real-time notifications, and integrated platforms for a seamless experience.
- Neobanks, such as Monzo and Revolut, have reshaped banking with online-only operations, innovative features, and competitive pricing.
- Traditional banks like Barclays and Santander are leading the digital transformation by investing in digital channels and emerging technologies.
- Key features of modern digital banking include instant setup, biometric login, budgeting tools, investment platforms, and peer-to-peer payments.
- Security is a top priority, with measures like encryption, biometric verification, and regulatory compliance ensuring customer data protection.
- The future of digital banking foresees increased personalization, automation, AI integration, and embedded finance for convenient access across platforms.
- Voice banking, wearable tech integrations, and financial health scores are expected developments to enhance user experience and financial insights.
- Digital banking sets a new standard in financial management, requiring continuous adaptation to meet evolving technologies and customer demands.
- Transparency, security, and user-centric design will be key for banks to thrive in the ever-evolving landscape of digital banking.
Read Full Article
20 Likes
Medium
1M
442
Image Credit: Medium
Thinking About Investing in Surf Lakes? Full Guide and Analysis
- Surf Lakes is a technology company offering an innovative wave-making system in a man-made lake.
- The company has sold licenses globally and is raising funds through an equity crowdfunding round.
- Surf Lakes aims to address the limited access to suitable waves and open the market to potential surfers.
- The company's technology offers competitive advantages and is led by experienced executives.
Read Full Article
26 Likes
Pymnts
1M
79
Image Credit: Pymnts
Onfly Raises $40 Million for Travel and Expense Management Platform
- Onfly, a corporate travel and expense management platform, has raised $40 million in a Series B funding round.
- The funding will support the company's expansion into Mexico and other Latin American markets.
- Onfly plans to use the funds to accelerate technology development, integrate artificial intelligence, and expand marketing and sales efforts.
- The platform offers fully digitized travel options, real-time auditable data, enterprise resource planning integrations, and a corporate card.
Read Full Article
5 Likes
Silicon
1M
364
Image Credit: Silicon
Nvidia And Partners To Build $500 Billion Of AI Infrastructure In US
- Nvidia plans to produce its AI supercomputers in the United States for the first time.
- Nvidia, along with manufacturing partners, will design and build factories in the US for AI chip production.
- The company will invest in creating up to $500 billion of AI infrastructure in the US through partnerships with various companies.
- Nvidia's move is in response to the US government limiting exports of its H20 AI chip to China.
Read Full Article
21 Likes
Pymnts
1M
438
Image Credit: Pymnts
Juniper Adds Embedded AI-Driven Fraud Prevention Engine to Payments Hub
- Juniper Payments, a Velera company, added an embedded AI-driven fraud prevention engine to its Payments Hub platform.
- The enhancement enables real-time fraud detection at the point of origin and processing.
- The AI-powered fraud tools analyze transactional and behavioral data to detect fraudulent activity while minimizing false positives.
- The addition joins Juniper's Payments Hub, which manages automated payment delivery and receipt.
Read Full Article
26 Likes
Silicon
1M
388
Image Credit: Silicon
ASML, Others Outline Impact Of Trump’s Tariffs
- ASML Holdings, the world’s largest chip-making equipment supplier, warns that recent tariff announcements have increased uncertainty in the macro environment.
- US semiconductor equipment makers, including Applied Materials, Lam Research, and KLA, could face a yearly loss of around $350 million due to the tariffs.
- ASML announces its Q1 financial results, with a net profit of 2.33bn euros and revenues of 7.7bn euros.
- ASML's CFO states that the company is ready to pass most of the tariff costs onto customers and believes that the burden of tariffs should be allocated in a fair way.
Read Full Article
23 Likes
Medium
1M
230
Image Credit: Medium
The Fintech Web: Unpacking Fintech’s Cross-Industry Innovations in Africa.
- The adoption of mobile phones and young digital populations in Africa has facilitated fintech growth for financial inclusion.
- Fintech integration in non-financial sectors is reshaping industries in Africa, offering insights on impacts and potential.
- Mobile money platforms like M-Pesa play a foundational role in financial transactions for unbanked populations in Africa.
- Digital lending platforms using alternative data sources are enabling credit access for underserved populations.
- Digital savings accounts and microinsurance products are catering to the financial needs of low-income individuals.
- Fintech innovations are projected to add significant value to Africa's GDP and create new job opportunities by 2025.
- Challenges remain in digital divide, trust-building, and infrastructure limitations for widespread fintech adoption in Africa.
- Fintech is driving efficiency and innovation in agriculture, transportation, and healthcare sectors in Africa.
- Mobile money platforms have transformed various African economies by facilitating remittances and reducing poverty.
- Partnerships between fintech startups and established industries are crucial for successful fintech integration in Africa.
Read Full Article
13 Likes
Pymnts
1M
148
Image Credit: Pymnts
Exclusive: AgriDex Bets Stablecoins Will Transform $2.7 Trillion Ag Market
- AgriDex's newest product, Loam, is a USD-backed stablecoin payment rail designed to cut settlement times, reduce transaction costs, and bring more transparency to cross-border agricultural transactions.
- Loam allows exporters to manage payments, process invoices, and complete trades with ease using a web-based platform.
- AgriDex aims to address the challenges in global agricultural trade by digitizing contracts and offering easier payment solutions.
- By utilizing blockchain technology and smart contracts, Loam enhances trust, mitigates risk, and provides an opportunity for blockchain-based credit in the agricultural industry.
Read Full Article
8 Likes
Silicon
1M
85
Image Credit: Silicon
AI in Cybersecurity: Double-Edged Sword or Game-Changer?
- AI is reshaping cybersecurity, providing defenders with enhanced detection capabilities and automating incident responses.
- However, cybercriminals are leveraging AI for more sophisticated attacks, including AI-enhanced phishing and voice deepfakes.
- Generative AI tools are enabling cybercriminals to conduct reconnaissance, automate malware development, and mimic individuals convincingly.
- Despite the advancements in AI-driven attacks, AI is also being used by defenders to detect abnormal patterns and automate low-level threat responses.
- AI-driven tools like GenAI are assisting security teams in SIEM rule generation and identifying vulnerabilities before hackers exploit them.
- While AI enhances cybersecurity, it comes with limitations such as data bias, false positives, and the inability to comprehend intent without human oversight.
- Concerns regarding privacy, bias, and ethical use of AI in cybersecurity highlight the importance of human judgment in tandem with AI systems.
- Organizations deploying AI for security must prioritize transparency, data privacy, and human accountability in decision-making processes.
- When selecting AI-based cybersecurity tools, organizations should prioritize native AI solutions, question vendors on model training and explainability, and assess integration capabilities.
- AI's impact on cybersecurity is a high-stakes game, where thoughtful integration with human expertise can be a force multiplier in staying ahead of evolving cyber threats.
Read Full Article
5 Likes
Silicon
1M
267
Image Credit: Silicon
Nvidia Expects $5.5 Billion Hit As US Tightens Export Controls
- Nvidia expects a $5.5 billion hit as the US tightens export controls.
- US export controls limit the sale of Nvidia's H20 AI chip to China.
- Previous sanctions had already restricted the parameters of AI chips sold to China.
- The new rules aim to address the national security risk of Nvidia's products being used in a supercomputer in China.
Read Full Article
16 Likes
Gritdaily
1M
158
Image Credit: Gritdaily
Venancio Mendez Levy, PE: Leading the Energy Transition With Innovation and Sustainability
- Venancio Mendez Levy, PE, is a prominent figure in the clean energy sector, dedicated to sustainable energy and technological innovation.
- Mendez Levy's commitment to personal and professional growth drives his success in advancing the global energy transition.
- As a senior renewable energy consultant at Wood PLC, Mendez Levy focuses on projects promoting renewable energy adoption.
- His passion for entrepreneurship and innovation motivates him to lead projects and overcome industry challenges.
- Beyond consulting, Mendez Levy aims to establish an AI-driven startup enhancing the efficiency of solar energy projects.
- He is involved in the Global Shapers Community, leading initiatives to empower youth and address local issues in Houston.
- Mendez Levy envisions using AI technology to improve project management and quality control in solar energy deployment.
- He highlights the importance of an 'All of the Above' approach combining renewables, nuclear, biofuels, and some fossil fuels for sustainable energy production.
- AI advancements like GPT-4 pose challenges due to their high energy consumption, necessitating innovative energy solutions.
- Mendez Levy continues to focus on driving innovation and sustainability in the energy sector amidst evolving energy landscapes.
Read Full Article
9 Likes
Pymnts
1M
227
Image Credit: Pymnts
How CFOs Are Unlocking the Power of Advanced Analytics
- 73% of enterprises are actively exploring GenAI to enhance procurement efficiency.
- By integrating GenAI tools, companies can streamline vendor management, accelerate contract analysis, and improve demand forecasting.
- GenAI's automation and analytics capabilities can unlock value for organizations in procurement processes.
- Concerns over the lack of clear operating standards and governance frameworks are tempering CFO enthusiasm for GenAI implementation.
Read Full Article
4 Likes
Medium
1M
27
Image Credit: Medium
Why Product Thinking Beats the 40-Hour Grind
- Product Thinking emphasizes working wisely rather than working long hours.
- Effort does not always equate to value. Working more does not guarantee better solutions.
- Product Thinking is a mindset that focuses on understanding the user and solving core problems efficiently.
- Product Thinking is not limited to the tech industry and can be adopted by anyone with ownership, curiosity, and care.
Read Full Article
1 Like
Medium
1M
234
Image Credit: Medium
Gen Spark AI Agent: The Ultimate Guide for 2025
- Gen Spark AI Agent is an advanced self-sufficient AI system that transforms how businesses operate in 2025.
- Unlike basic AI tools, Gen Spark operates independently, making decisions and handling complex tasks without human oversight.
- Gen Spark represents the next evolution in enterprise AI, addressing the need for intelligent automation in a fast-paced business environment.
- Companies report an average 60% decrease in operational tasks after implementing Gen Spark AI Agent.
Read Full Article
5 Likes
Medium
1M
135
Image Credit: Medium
Changing The Game With Advanced VPN Technologies
- A VPN is a Virtual Private Network that encrypts your internet connection for online privacy and security.
- It changes your IP address, allowing access to geo-blocked content while keeping your online activities private.
- Advanced VPN technologies offer faster and more reliable protection for browsing on any network.
- VPN encryption safeguards sensitive information like online banking transactions and personal communications.
- By masking your IP address, a VPN prevents online tracking and intrusive surveillance by advertisers.
- NordVPN supports up to 10 device connections simultaneously, ensuring security across various devices.
- Features like Auto-Connect simplify VPN usage, automatically connecting to secure servers.
- A VPN creates an encrypted tunnel for data transmission, deterring cyber threats and enhancing online safety.
- Investing in a reliable VPN service with promotions like discounts can provide premium protection at a reduced cost.
- 30-day money-back guarantees offer a risk-free trial for users to test VPN services before committing.
- Advanced VPN technologies empower users to take control of their online privacy and security in an evolving digital landscape.
Read Full Article
8 Likes
For uninterrupted reading, download the app