Wegofin Positioned as Future Fintech Unicorn at IBAs 20th Annual Technology Conference
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As India moves towards realizing its vision of “Viksit Bharat,” Wegofin intends to play a crucial role in empowering banks and merchants to adopt future-ready and trust-driven models that streamline operations, boost efficiency, and unlock growth. As India moves towards realising its vision of “Viksit Bharat,” Wegofin intends to play a crucial role in empowering banks and merchants to adopt future-ready and trust-driven models that streamline operations, boost efficiency, and unlock growth. The games industry, which had massively increased its workforce during the height of the coronavirus pandemic, was particularly affected. Other studios were closed completely – According to the survey, four percent of respondents worked at studios that were shut down. In its report on the survey, the GDC points out that this situation does not only affect developers who have lost their jobs. To further shed light on the transformative potential of Generative AI within the financial sector, Wegofin’s CEO, Mr. Prabhu Kumar, will also be participating in an enthralling panel discussion with other industry visionaries.
Mr Kumar is expected at the conference to provide insights that will go beyond theoretical facts into reality-based application models that financial institutions can adopt to stay competitive in a dynamic market. Those aspects related to smarter decision-making capability enhancement and improved security frameworks will strike a strong chord with an audience eager to future-proof their operations. A convergence of over 350 top minds from the banking, regulatory, and fintech sectors, this landmark gathering aims to foster collaboration and explore cutting-edge technologies that are reshaping the financial ecosystem. As India positions itself for a Viksit Bharat, the conference serves as a launchpad for next-generation solutions and a platform for knowledge exchange that drives the industry forward.
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Meanwhile, at the Healthcare Conference, Nvidia announced results from several partnerships, including Mayo Clinic. The Mayo Clinic and NVIDIA are accelerating AI-driven digital pathology by developing multi-modal foundation models and working toward a human digital twin for improved disease understanding and treatment strategies. Organizers for the Game Developers Conference (GDC) have released their annual “State of the Industry” results ahead of their own convention. Every year, the group sends out a survey to thousands of people involved with the gaming industry at multiple levels, even us, to ask several questions across multiple topics and gauge where things stand in people’s minds. Below are the major talking points of the results they released, and you can read the full report on their website. Not only does this begin acknowledging outstanding contributions, but also inspires others in the industry to continue pushing boundaries and striving toward excellence in digital banking.
- Of the 3,000 people surveyed, roughly half said they were concerned about the technology’s impact on the industry and an increasing number reported they felt negatively about AI overall.
- Illumina and NVIDIA are expanding the genomics market by providing analysis and insight platforms on NVIDIA accelerated computing and integrating state-of- the-art generative AI to unlock new biological understanding.
- In its report on the survey, the GDC points out that this situation does not only affect developers who have lost their jobs.
- “We should use generative AI to help people be faster at their jobs, not lose them,” one worker wrote.
- That’s nearly double the next most option of project-based or publishing deals, which 28% noted was where their funding had come from.
The anticipated discussion further promises to uncover newer ideas and insights on critical areas in banking, payments, and underlying technology to deliver the ultimate user experience. We also expect him to emphasize how Gen AI would continue to contribute to enhancing decision-making capabilities, fortifying security frameworks, and reducing friction in transactions. To further shed light on the transformative potential of Generative AI within the financial sector, Wegofin’s CEO, Prabhu Kumar, will also be participating in an enthralling panel discussion with other industry visionaries.
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Nvidia powers the first digital devices for healthcare from Synchron, Moon Surgical, Neptune Medical, and Virtual Incision. Nvidia (a clients of my firm, Cambrian-AI Research) has disclosed significant contributions in medicine at the conference that foretell coming advances in healthcare enabled by AI. After US, Canada immigration woes, Saudi Arabia has good news for Indians set to affect 2.6 million people, it is… With AI emerging as a technological advancement in the space, Mr. Kumar’s expertise will without a doubt resonate deeply with stakeholders across the industry.
The excitement, however, doesn’t just come from all the innovation hype, as Wegofin adds its taste of adventure, being a connoisseur of AI and the general coining of terms with action in change. The very theme for this conference, “The Future of Digital and Analytics in Banking,” gives one a preview of a day to come of radically transformative insights and game-changing revelations. The conference plans to bring members across the complete banking and financial ecosystem, including the largest banks of India, technology facilitators, and the policymakers’ fraternity. The meeting will give a rare opportunity to the attending fraternity to network with fellow members of the industry, absorb the knowledge from the ivory-towers group of expert practitioners, and experience an outlook on trendy topics.
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According to a new report from the organizers of the Game Developers Conference, 52 percent of devs surveyed said they worked at companies that were using generative AI on their games. Of the 3,000 people surveyed, roughly half said they were concerned about the technology’s impact on the industry and an increasing number reported they felt negatively about AI overall. The “State of the Game Industry” report, released Tuesday, is one of a series of surveys conducted each year by GDC organizers prior to their annual conference. Mr. Kumar is set to shed light on how AI can drive financial inclusion, reduce friction in transactions, and fortify security frameworks, positioning it as a cornerstone of India’s future-ready banking ecosystem. His insights are expected to resonate with industry leaders, catalyzing collaboration and fostering innovation.
This future-looking theme resonates with the industry’s transformation in highlighting the critical importance of using digital analytics to sustain success in the future. A great place to be and should be again, the Trident Hotel in Mumbai is set to host attendees from all across the world to talk innovatively and hustle up partnerships with a brief stop here to celebrate last-ditch efforts in banking technology. But it gets better when all this innovation is combined because Wegofin adds more spice to the adventure. The coolest AI expert on the scene was drawn to the general actioned coining of terms in change. With the very topic for the conference, “The Future of Digital and Analytics in Banking,” one can imagine a day of radically transformative insights and game-changing revelations.
(Re)Writing the Future of Healthcare with Generative AI – Leonard Davis Institute
(Re)Writing the Future of Healthcare with Generative AI.
Posted: Thu, 10 Oct 2024 07:00:00 GMT [source]
During the panel discussion, Mr. Kumar is expected to elaborate on how generative AI is unlocking new possibilities for financial institutions, from enhancing fraud detection mechanisms to personalizing customer engagement. The conference agenda boasts of four enlightening sessions that will deliberate on the Core Banking System, Fintech Partnerships, Open Banking, and Digital Lending. It aims to discuss the opportunities and challenges facing banks in their adaptation to a rapidly changing digital world. Attendees will be treated to an avalanche of knowledge from experts on ways to integrate cutting-edge technologies while building meaningful partnerships between banks and fintech firms.
According to the survey report, developers are concerned about the protection of intellectual property, energy consumption and the quality of AI-generated content, among other things. A major highlight is Wegofin, a fintech front-runner utilizing Generative AI to revolutionize digital banking and merchant acquisitions. Recognized for its AI-driven solutions, Wegofin is setting benchmarks by enhancing areas like account management, compliance, and analytics within the financial sector. According to this year’s survey, 11% of developers reported being laid off in the past year. Business and Finance saw the least reported layoffs, impacting only 6% of respondents.
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The video game industry has been in a troubled place for the past year, with studio closures and job security at the forefront of developer concerns. Increasing layoffs with seemingly no end paint a bleak picture for devs, while companies are busy pumping money into AI initiatives. JP Morgan’s annual Healthcare Conference is almost becoming an AI event as doctors and AI scientists collaborate to turn petabytes of clinical data into generative AI models and actionable insights. The progress made since Chat GPT’s arrival demonstrates that we are on the precipice of a revolution that will produce cures for many common diseases and save countless lives. At the heart of Wegofin’s innovation lies its AI-Risk Engine, a cutting-edge technology that ensures unmatched security, low dispute ratios, and enhanced reliability for financial institutions and merchants alike.
The Indian Banks’ Association (IBA) is gearing up for its 20th Annual Banking Technology Conference, an event that has come to symbolize the relentless evolution and modernization of India’s financial sector. This year’s conference, taking place on January 24, 2025, at the iconic Trident Nariman Point in Mumbai, carries the theme “Future-Ready Banking for Viksit Bharat”, encapsulating the vision of a digitally empowered and self-reliant India. The Indian Banks’ Association (IBA) is gearing up for its 20th Annual Banking Technology Conference, an event that has come to symbolise the relentless evolution and modernisation of India’s financial sector. This year’s conference, taking place on January 24, 2025, at the iconic Trident Nariman Point in Mumbai, carries the theme of ‘Future-Ready Banking for Viksit Bharat’, encapsulating the vision of a digitally empowered and self-reliant India. 30% of respondents also believe that generative AI has a negative impact on the games industry –.
Games industry: one in ten developers will have lost their job by 2024
Eleven percent of employees in the games industry will lose their jobs by 2024, a survey predicts. When asked about how concerned they are about future layoffs, 58% expressed some level of concern for their job security. Also of note, the number of developers who were not concerned about layoffs decreased by 5% this year, with 30% reporting no concerns.
Standing out among the event’s key sponsors is Wegofin, a dynamic fintech innovator and a pioneer in Generative AI-powered banking solutions. As a prominent player in the digital banking and merchant acquisition landscape, Wegofin’s involvement underscores its commitment to transforming India’s financial services industry through innovation and trust-driven technologies. Wegofin intends to play a crucial role in empowering banks and merchants to adopt future-ready and trust-driven models that streamline operations, boost efficiency, and unlock growth. Through Generative AI, Wegofin is not just reimagining banking—it is redefining its future.
30% of respondents reported that they believe that generative AI is having a negative impact on the games industry, which is a 12% increase from last year. Developers pointed to intellectual property theft, energy consumption, a decrease in quality from AI-generated content, potential biases within AI programs and regulation issues as the main factors behind their discontent with the technology. The majority of developers surveyed (52%) work for companies that have implemented generative AI and one-third (36%) personally use them.
These topics range from fintech collaborations to digital financial inclusion and would seek to cover everything in between concerning the challenges and opportunities related to digital transformation. Wegofin’s presence at the conference will further cement its status as a leader in AI-driven banking solutions. A company renowned for its commitment to revolutionizing customer experience and at the forefront of using generative AI in its operations, thus transforming banking to be smarter, faster, and quite intuitive.
- As India progresses towards its ambitious “Viksit Bharat” agenda, Wegofin remains dedicated to empowering banks and merchants with future-ready models that enhance efficiency, streamline operations, and unlock new avenues for growth.
- The event will gather over 350 leaders from banking and regulatory fields to discuss fintech’s role in shaping India’s financial future.
- But what makes Nvidia stand apart aside from their fast GPUs in healthcare is the massive ecosystem they have built across the spectrum of sciences and practices, and of course AI is now the cornerstone upon which this community is built.
- When the usage of AI was corroborated with the survey respondent’s age, it turns out that older developers are more likely to use generative AI than younger ones.
- Nvidia has also partnered with IQVIA to integrate Nvidia AI Foundry and AI Enterprise to accelerate agentic AI solutions for 10,000 healthcare and life science customers.
- By leveraging years of real-world data and business acumen, it has consistently demonstrated its ability to deliver cutting-edge solutions backed by groundbreaking AI products that address the evolving needs of banks, merchants, and customers alike.
One of the biggest highlights of this prestigious event is the participation of Wegofin, a leading fintech innovator, as a key sponsor, which is a testament to its commitment to advancing the fintech landscape. Our community is about connecting people through open and thoughtful conversations. We want our readers to share their views and exchange ideas and facts in a safe space. But what makes Nvidia stand apart aside from their fast GPUs in healthcare is the massive ecosystem they have built across the spectrum of sciences and practices, and of course AI is now the cornerstone upon which this community is built.
In terms of console development, Sony’s PlayStation family continues to lead over Xbox, with 38% developing content for the PlayStation 5 and 34% working on games for the Xbox Series X|S. On the flipside, 13% of developers are creating games with the aim to release them on Xbox Game Pass whereas 9% are doing the same for PlayStation Plus. Mobile game development has also increased 5% over last year – with 29% of respondents developing games for Android and 28% developing for iOS. Last year, 66% of developers reported that they were working on games for PC and this year that number has climbed up to 80%. While the reason for this is unclear, it could be at least partially attributed to the rising popularity for Valve’s Steam Deck. While the Steam Deck wasn’t specifically listed as an option for developers to list as a platform they’re developing games for, of the respondents who chose the ‘Other’ option, 44% of them listed the Steam Deck as a platform they’re interested in.
With the fantastic pace set by innovators, providers, and AI hardware vendors, serious diseases will likely be slain by AI, one at a time. Cancer is a disease caused by genetic factors and will practically be eliminated in the next decade thanks to AI. Nvidia has also partnered with IQVIA to integrate Nvidia AI Foundry and AI Enterprise to accelerate agentic AI solutions for 10,000 healthcare and life science customers. And just like in automotive, it takes three computers to create physical AI, with DGX creating the model, simulating the physical world with Omniverse, and then running the actual smart device with Holoscan on IGX. Needless to say, Nvidia is providing a comprehensive platform for healthcare solution providers. As Nvidia CEO Jensen Huang has forecasted, we are entering the age of physical AI, and healthcare is no exception.