Minister of Financial Services, Trade and Industry and Immigration Elsworth Johnson.
NASSAU, BAHAMAS Minister of Financial Services, Trade and Industry and Immigration Elsworth Johnson on Thursday welcomed industry partners to a virtual symposium aimed at sharing the government’s vision of establishing The Bahamas as a leader in financial technology and digital assets.
“This symposium is reflective of our shared vision for ushering in a new wave of fintech innovations in The Bahamas, establishing this nation as a regional and world leader in the sector,” Johnson said as he addressed participants in a Zoom meeting.
“My ministry is fully committed to facilitating this work and collaborating with our partner agencies, industry stakeholders and leaders to ensure that we are going about this work in the most thoughtful way possible. We will continue to deliver on our mandate of advancement through innovation,” he said.
Morgan State University Opens First HBCU FinTech Center
MORGAN STATE UNIVERSITY BUSINESS AND MANAGEMENT CENTER, BALTIMORE, MARYLAND
Morgan State University’s Earl G. Graves School of Business and Management has announced the opening of its Center for the Study for Blockchain and Financial Technology, AKA the FinTech Center
The FinTech Center opened in 2019 and is dedicated to the study of blockchain, cryptocurrency, and the digital finance industry. The university partnered with Ripple, a Silicon Valley financial technology company to develop specialized curricula, expanding academic courses, and awarding scholarships to faculty and students pursuing a career in blockchain, cryptocurrency, digital payment, and other financial technology disciplines.
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India Inc sees growth revival and job creation with Budget 2021 ANI | Updated: Feb 02, 2021 12:56 IST
New Delhi [India], February 2 (ANI/NewsVoir): Karthikeyan Natarajan, President and Chief Operating Officer, Cyient - Coming out of the pandemic year, the Finance Minister has laid down a well-rounded Budget. Focus on setting up of Fintech Hub at Gift City, enhancing digital payments and use of AI in governance - all provide a strong platform for Digital India. Allocation of Rs 50,000 crore towards National Research Foundation will work towards boosting India s Innovation Quotient on the global map and is a welcome move. Allocation of funds as incentives for promoting digital payments is also a step in the right direction and a significant step in ease of doing business. Lastly, increase in allocation for highways and railways will lead to employment generation and boost the economic growth of the nation.
Agencies
Anil Gupta said enhancing public transport in urban areas will prove to be beneficial for the overall development of the society.
“The prime objective of Budget’21 is to boost and revive the economy that suffered a major setback due to the global pandemic COVID-19 while also increasing the purchasing power of the customers. Allocation of Rs 3.05 lakh crore outlay over 5 years for a more revamped reforms-based power distribution sector scheme will provide assistance to the DISCOMS. Further, the government’s announcement to boost renewable energy will help us frame the sector very differently and efficiently. Looking ahead at the zeal to augment the country’s infrastructure with highway, enhancing public transport in urban areas will prove to be beneficial for the overall development of the society and give the much needed boost to manufacturing companies like ours to get back to powering the economy as per pre-covid levels.”