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Bixin Global Announces 66 Million USD Global Fund of Funds for Cryptocurrency

Bixin Global, one of China's largest cryptocurrency custody and mining operators, has launched a proprietary Fund of Funds amounting to 6600 BTC, or approximately USD 66 million. This announcement comes alongside the anticipated BTC Halving, as different stakeholders make various preparations for its arrival. The 6600 BTC fund seeks to empower global crypto quant funds by providing additional resources for liquidity providers and market making activities.

Friday, May 8, 2020 - 08:45
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Financial IT
Datrics drag-n-drop AI platform beta release: the fastest way to create and operate machine learning solutions

datrics.ai is an end-to-end Data Science platform (cloud-based, SaaS) for scientists, analysts, and developers to create machine learning applications within hours.

Neither installation nor coding is required to create, deploy and manage machine learning applications: datrics.ai enables machine learning for non-practitioners and automates MLOps for professionals.

Platform’s core is drag-n-drop "bricks" functionality is used to create pipelines to process data, construct and compare ML models, deploy them in just a few clicks.

Friday, May 8, 2020 - 08:32
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Financial IT
Nearly 70% of small businesses will be cashless

Research carried out by 3Gem for Amaiz, the business banking app, has revealed that 50% of small businesses have either become cashless or plan to as a result of Covid-19.  Of the rest, over 18% already only took card and just 21% of small businesses have no plans to go cashless. 

Friday, May 8, 2020 - 08:23
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Financial IT
Brits adapt to lockdown lifestyle: weekly spending trends revealed

Klarna, the leading global payments and shopping provider, today released new data that tracks how UK consumer purchasing habits have evolved while under lockdown and as the COVID-19 outbreak continues.

The company, which is used by over 7 million shoppers and has over 5,000 retail partners in the UK, analysed all the transactions made through its retail partners to identify what product categories Gen Zers, Millennials, Gen Xers and Baby Boomers are shopping for most often using Klarna’s flexible payment options.  

Friday, May 8, 2020 - 08:18
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Financial IT
QuadPay builds new installment model with Stripe Issuing

QuadPay, the payment installment platform, is partnering with Stripe to power advanced buy-now-pay-later experiences that boost conversion and let consumers start shopping instantly both online and in-store. Built on Stripe’s issuing infrastructure, QuadPay enables consumers to start shopping in installments anywhere Visa is accepted and powers buy-now-pay-later experiences that boost sales by more than 20% on average.

Friday, May 8, 2020 - 08:13
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Financial IT
Mixed feelings in investment banking: Corona drives digitalisation forward

FinTech companies and banks work together on a digital future

Thursday, May 7, 2020 - 16:23
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Financial IT
Just getting paid

 

Most small and medium-sized enterprises (SMEs) in the UK suffer from delays in being paid.

Thursday, May 7, 2020 - 16:18
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Financial IT
Harbr to collaborate with organizations on virtual data and models

Harbr, a private data ecosystem platform for enterprise data managers, today emerged from stealth. The Harbr platform enables organizations to rapidly exchange, monetize and collaborate on data and models with their customers, suppliers and partners.

Thursday, May 7, 2020 - 14:32
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Financial IT
Kkpaswan112@gmail.com
Thursday, May 7, 2020 - 14:11
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Global Payments to Provide Credit Card Processing Services for Truist Financial Corporation

Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, today announced that TSYS, its Issuer Solutions business, has signed a long-term agreement with Truist Financial Corporation (NYSE: TFC), to process the bank’s consumer, commercial and small business credit card portfolios.

Thursday, May 7, 2020 - 12:56
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Financial IT

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