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Piramal CTO Saurabh Mittal on financial services innovation

CIO

To create innovative products that meet the various finance requirements of the market, Piramal Capital & Housing Finance opened the Piramal Innovation Lab in Bengaluru on Dec. CIO.com caught up with Mittal to know more about his plans for the innovation lab, as well as the technology strategy for the financial services company.

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Financial services firms turn to automated, data-driven processes for new products and services

CIO

Between the host of regulations introduced in the wake of the 2009 subprime mortgage crisis, the emergence of thousands of fintech startups, and shifting consumer preferences for digital payments banking, financial services companies have had plenty of change to contend with over the past decade.

Data 238
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Harmonic helps investors query the startup searches of their wildest dreams

TechCrunch

Siri, show me fintech companies, founded in the last two years, that haven’t raised over the past year but have grown headcount by 100% in the same time frame; and can it be founded by Stanford alumni whose Twitter traction has grown by at least 50% in the last six months? Floodgate, another customer, was Harmonic’s first investor.

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Accern lands $20M for AI that analyzes financial documents on the web

TechCrunch

. “Accern’s enterprise focus is to accelerate innovation by providing organizations with … models that enable them to more efficiently transform their unstructured data into real business intelligence — while cutting down on time and costs,” Aroomoogan said.

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After a record year for Israeli startups, 16 investors tell us what’s next

TechCrunch

Some people are more excited by emerging areas like artificial intelligence, which has been a focus of the country’s military for years, and like cybersecurity is now producing many fresh teams of founders. A great amount of talent is cultivated in the military, which has spawned innovative cyber, AI and machine-learning companies.

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TechCrunch+ roundup: DTC data strategy, starting up solo, insuretech growth versus risk

TechCrunch

“We’re generally big fans of plug-and-play business intelligence tools, but they won’t scale with your business.” ” Hale offers five tips that insurtech startups can employ to improve underwriting innovation, and consequently, the overall customer experience. Here come the single-digit SaaS multiples.

Strategy 214
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Software Development for Financial Services: Technologies, Trends, Challenges, and Best Practices

Existek

The financial services industry is one of the most heavily regulated and complex sectors, and software development is critical in driving innovation and growth within it. One of the key trends driving innovation in the financial services industry is using technology to drive growth.