Finalytica Nov, 2018: Latest Happenings in Analytics, AI and Fintech World
- Prime Minister Modi was the keynote speaker at the Singapore Fintech festival, the biggest event of its kind in the world — attended by both industry leaders and smaller start-ups. He mentioned that India is witnessing an explosion of financial technology (Fintech) innovation and enterprise, Prime Minister Narendra Modi told the world’s largest gathering of Fintech firms in Singapore on Wednesday.
Finalytica Oct, 2018: Latest Happenings in Financial Analytics
- Google has recently decided to limit the degree to which mobile apps can access users’ call logs and texts having a huge impact on the various Ecommerce and Fintech companies. Google has thus restricted apps from taking undesired permissions that are not required for their functioning and thus users will not be forced to grant forced SMS permissions in every app.
Finalytica Sep, 2018: Happenings in the AI, Analytics and Fintech World
The Dubai Financial Services Authority (DFSA) and the Monetary Authority of Singapore (MAS) have penned an agreement that allows them to refer innovative financial technology (FinTech) companies between the two authorities, it was announced on Wednesday. The agreement centres on a referral mechanism that – in addition to referrals – is designed to help facilitate the sharing of information on financial sector innovation in the Middle East and Far Eastern markets.… Continue reading
Finalytica August, 2018: Latest happenings in analytics world
- The global insurance industry is forecast to spend approximately $2.4bn (£1.9bn) on big data in 2018 as firms increasingly look to improve claims processing and fraud detection. That is according to a new report from research and consultancy firm SNS Telecom & IT, which also predicts that big data investments will hit nearly $3.6 bn by the end of 2021.
Finalytica July, 2018: Latest Happenings
- The Personal Data Protection Bill, 2008, and a report were submitted by a committee led by former judge BN Srikrishna recently. The report, titled “A Free and Fair Digital Economy: Protecting Privacy, Empowering Indians”, has been awaited for its implications on data handling and processing practices by government departments and companies both Indian and foreign.
Finalytica June, 2018: Latest happenings in AI and Analytics World
- Compared to worldwide estimates, India contributes 10% of open job openings currently. Growth in the number of data science jobs globally was much higher than India.
- The number of new analytics jobs increased by 52% from April 2015 to April 2016, and by 40% from April 2014 to April 2015.
Finalytica May, 2018: Latest happenings in Analytics, Fintech & AI world
- The Indian Information & Broadcasting ministry has now decided to set up a social media communication hub and deploy executives to monitor online content across each of India’s 716 districts.
- It is estimated that $14 billion of Fintech investments were made in APAC over the past 24 months.
Finalytica: April, 2018
Latest happenings in Analytics, AI and Fintech world
- As per a study Unlocking the economic impact of digital transformation in Asia Pacific, commissioned by Microsoft in partnership with IDC Asia/Pacific. It has said that by the year 2021, over 60 percent of India’s GDP would be derived from digital products and services such as AI, IoT and cloud computing.
Happenings February 2018
HAPPENINGS IN THE ANALYTICS, FINTECH & AI WORLD
- Emerging technology got prominent mention in the India Union Budget 2018-19. Federal policy think tank NITI Aayog will initiate a national program on artificial intelligence, and the Department of Science & Technology will launch a mission to support investments in research and training in robotics, artificial intelligence, digital manufacturing, big data analytics, quantum communication and internet of things.