Search results for: Code

Backup servicing’s importance highlighted by SVB collapse

Source Node: https://www.fintechnexus.com/backup-servicing-importance-highlighted-by-svb-collapse/
Time Stamp: February 2, 2024 10:30 AM - Modified On: February 2, 2024 - Published By:
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The Silicon Valley Bank collapse highlighted the importance of a little-discussed but key feature of healthy banks – backup servicing. Put simply, many fintechs and institutions that failed didn’t have one. Backup servicers assume portfolio servicing when a trigger event such as insolvency occurs. Vervent CFO and COO Dhruv Vakharia said investors often demand backup servicing before committing capital to a lender. Vervent performs various backup servicing tasks and provides direct-to-consumer credit card capabilities. They can also perform in-house servicing for fintechs and larger financial institutions from locations across the

China’s Economic 2024 Forecast: 4.6% Growth Amid Challenges

Source Node: https://www.financebrokerage.com/chinas-economic-2024-forecast-4-6-growth-amid-challenges/
Time Stamp: February 2, 2024 9:09 AM - Modified On: February 2, 2024 - Published By:
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China’s economy faces heightened uncertainty in 2024, influenced by ongoing challenges in the property sector. The IMF projects GDP growth at 4.6% this year, with a slowdown anticipated in 2025. Concerns over the accuracy of economic data and the implications of state interventions underscore the need for strategic adjustments. In 2024, China’s economy faces uncertainty, mainly due to a prolonged downturn in the property market. The International Monetary Fund (IMF) has highlighted this issue, predicting a GDP growth rate of 4.6% for the year. However, this forecast is overshadowed by

CEO Interview: Jay Dawani of Lemurian Labs – Semiwiki

Source Node: https://semiwiki.com/ceo-interviews/341485-ceo-interview-jay-dawani-of-lemurian-labs-2/
Time Stamp: February 2, 2024 9:00 AM - Modified On: February 2, 2024 - Published By:
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Jay Dawani is the co-founder and CEO at Lemurian Labs, a startup developing an accelerated computing platform tailored specifically for AI applications. The platform breaks through the hardware barriers to make AI development faster, cheaper, more sustainable, and accessible to more than just a few companies. Prior to founding Lemurian, Jay founded two other companies in the AI space. He is also the author of the top-rated “Mathematics for Deep Learning.” An expert across artificial intelligence, robotics and mathematics, Jay has served as the CTO of BlocPlay, a public company building a

ICVCM Sets the Bar High with 100 Carbon Credit Methodologies Under Assessment

Source Node: https://carboncredits.com/icvcm-sets-the-bar-high-with-100-carbon-credit-methodologies-under-assessment/
Time Stamp: February 2, 2024 8:56 AM - Modified On: February 2, 2024 - Published By:
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The Integrity Council for the Voluntary Carbon Market (ICVCM) has achieved a new milestone, announcing its plan to assess over 100 active carbon credit methodologies for adherence to the high-integrity Core Carbon Principles (CCPs). The first decisions on these assessments are due by the end of March.  An expert group, including members of the Integrity Council’s Governing Board, its Expert Panel, and external stakeholders, has categorized similar carbon credit methodologies into 36 different groups. The groups will undergo three types of assessments based on their complexity and issues. It was in

Converting JSONs to Pandas DataFrames: Parsing Them the Right Way – KDnuggets

Source Node: https://www.kdnuggets.com/converting-jsons-to-pandas-dataframes-parsing-them-the-right-way?utm_source=rss&utm_medium=rss&utm_campaign=converting-jsons-to-pandas-dataframes-parsing-them-the-right-way
Time Stamp: February 2, 2024 8:00 AM - Modified On: February 2, 2024 - Published By:
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Image by Author  Diving into the world of data science and machine learning, one of the fundamental skills you'll encounter is the art of reading data. If you have already some experience with it,  you're probably familiar with JSON (JavaScript Object Notation) - a popular format for both storing and exchanging data.  Think of how NoSQL databases like MongoDB love to store data in JSON, or how REST APIs often respond in the same format. However, JSON, while perfect for storage and exchange, isn't quite ready for in-depth analysis in

What to Watch in 2024

Source Node: https://mgmagazine.com/business/what-to-watch-in-2024/
Time Stamp: February 2, 2024 7:20 AM - Modified On: February 2, 2024 - Published By:
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Illustraion: SAG stock / Shutterstock All eyes are on Drug Enforcement Administration chief Anne Milgram in 2024, with the industry hoping for a watershed year of rescheduling and the elimination of Internal Revenue Code Section 280E. But even if the pessimistic view prevails and there’s no substantive policy change over the next eleven months, there’s still plenty of reason to be excited about the year ahead. Innovation across all sectors is ramping up despite external forces. Some breeders are moving into what could be the next evolutionary leap with triploid

Addressing multilingual AI communication in Europe: Interview with Defined.ai Founder and CEO Daniela Braga | EU-Startups

Source Node: https://www.eu-startups.com/2024/02/addressing-multilingual-ai-communication-in-europe-interview-with-defined-ai-founder-and-ceo-daniela-braga/
Time Stamp: February 2, 2024 7:18 AM - Modified On: February 2, 2024 - Published By:
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Navigating the intricate landscape of multilingual communication, especially in the diverse setting of the European Union, which boasts 24 official languages, presents unique challenges and opportunities in the realm of artificial intelligence. This realm, as many of us already know, has been at the centre of attention as we await the finalization of the EU AI Act, which will set the stage for the EU to implement a law on AI.Language and communication are set to play a significant role, as the Act will apply to both public and private

Cloudflare Okta breach doesn’t have a big impact, company says

Source Node: https://dataconomy.com/2024/02/02/cloudflare-okta-breach-impact/
Time Stamp: February 2, 2024 7:05 AM - Modified On: February 2, 2024 - Published By:
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According to the company, the recent Cloudflare Okta breach has not caused any harm to any of the customers or users. However, the incident brought more questions about the Okta breach, which affects many different services and companies. In today’s digital world, online data security is constantly under threat, making news of cyberattacks almost routine. However, when a company like Cloudflare—a leader in internet security—reports a breach, it grabs everyone’s attention, particularly when a nation-state is believed to be behind the attack. The Cloudflare Okta breach serves as a vivid