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Daily Crunch: India’s Central Bank says cryptocurrency ‘may even be worse’ than Ponzi schemes

TechCrunch

India continues to debate the fate of cryptocurrencies : A nation’s regulatory and banking bodies debating blockchain technology and its related tokens is a daily occurrence. But when an official from India’s central bank compares cryptocurrencies to Ponzi schemes, we take note. The TechCrunch Top 3. Intel shells out $5.4B

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The new CIO mandate: Selling AI to employees

CIO

That’s because employees have decidedly mixed feelings about AI coming to their workplaces, according to the recent survey by IT solutions integrator Insight , even as many enterprises are already adopting or experimenting with AI and as AI-enabled phones begin hitting the market. The survey question about AI-enabled devices is timely.

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Alloy, Synctera and Unit discuss the future of embedded finance at TC Disrupt

TechCrunch

Banking-as-a-service (BaaS), embedded finance and open banking are among the hottest topics in fintech today. Make opening a bank account, storing money, receiving a payment card and lending money as easy as opening a social network account. The promise? In May 2022, Unit closed a $100 million round with a $1.2

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Acrew Capital, Jeff Bezos back Colombia-based proptech La Haus’ $100M debt, equity round

TechCrunch

Jerónimo Uribe (CEO), Rodrigo Sánchez-Ríos (president), Tomás Uribe (chief growth officer) and Santiago Garcia (CTO) founded the company after Jerónimo and Tomas met Sánchez-Ríos at Stanford University. Like the US, a two-tier venture capital market is emerging in Latin America. and often at far worse terms. .

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Fintech Roundup: How going Fast and furious can ruin your startup

TechCrunch

One day later, on December 7, it was revealed that CTO Diane Yu was transitioning from her role as Chief Technology Officer – a position she had just assumed in January 2021 – into an advisory position. And former employees admit that the underlying technology the business built is actually good.

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So much fintech M&A

TechCrunch

For one, as one source told me, BlackRock’s investment is a show of faith in the SMB 401(k) market — one where the firm hasn’t historically played. ’s auto-enrollment provisions (among others), will make 401k plans more impactful at the lower end of the market, and Human Interest is well-positioned to execute.”.

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Cognitio Corp enters into a strategic alliance with Indian River Advisors, LLC

CTOvision

Cognitio Corp and Indian River Advisors LLC have just announced a strategic alliance. enters into a strategic alliance with Indian River Advisors, LLC. We are pleased to announce that Cognitio has entered into a strategic alliance with Indian River Advisors. The text below is from the joint announcement: Cognitio Corp.