As hedge funds and quantitative asset managers hunt for unique sources of alpha, Wall Street’s attention is turning to analysis of location data generated by mobile phones.
Location data from mobile phones is now at the forefront of the push to combine data science techniques with machine learning techniques to produce actionable information on company fundamentals.
Third-party aggregators are seeking to quench the thirst of hedge funds for non-traditional datasets.
Mastercard today unveiled a pilot project in Poland, making a smartphone the only necessary device for accepting contactless payments. The solution is aimed at small and micro merchants that have traditionally taken cash payments, providing them with a simpler and more secure way to run their business.
Enterpay and Collector Bank have kicked off their collaboration. Collector Bank will add a B2B invoice powered by Enterpay to its payment method selection in Finland and later in the Nordics.
The collaboration lays the groundwork for Enterpay’s expansion to the Nordics and after Finland, the collaboration will continue in the Swedish market. Partnering with Collector helps Enterpay to grow the number of its service’s users and reach potential customers in new channels.
InvestCloud Inc., a global FinTech firm, has announced Stage Venture Partners (Stage) as the latest firm to take up residence at the InvestCloud Innovation Center in Los Angeles.
Founded by Rob Vickery and Alex Rubalcava in 2015, Stage is a Los Angeles-based seed-stage venture capital fund that invests in software startups from around the world. It recently raised a second fund to continue to invest in new SaaS and enterprise software technology firms, with a particular interest in artificial intelligence, computer vision and machine learning.
eftpos today launched its new eftpos Settlement Service (eSS). This new service is an essential core function in closing out the Company’s transformation phase and demonstrates its ability to increasingly deliver value for Members and the Australian payments industry.
Blackhawk Network, Inc., a global financial technology company (“Blackhawk”), announced today that it has acquired CashStar, Inc., a leading provider of gift card commerce solutions at the forefront of mobile payments and digital gifting innovation.
Temenos, the software specialist for banking and finance, today announces that Baxter Credit Union (BCU) has successfully implemented the Lifecycle Management Suite in Microsoft Azure.
The implementation, which included the Collection, Service, and Loan Origination modules, incorporated an upgrade spanning four major releases, as well as the inaugural launch of the Lifecycle Management Suite in the Cloud.
WEX Inc., a leading provider of corporate payment solutions, today announced its European office has secured an Electronic Money Institute (EMI) license by the Financial Conduct Authority (FCA) and, as a result, is now a principal member of Mastercard.
Hminers ( www.hminers.com ) looks all set to script an unprecedented success story in the worldwide industry for cryptocurrencies. The company's three mining rigs are quickly emerging as the most preferred option amongst thousands of bitcoin miners around the world.
Starting today, Chinese tourists in South Africa will have more opportunities to pay via smartphone as Alipay, the world's largest online and mobile payment platform, operated by Ant Financial Services Group ("Ant Financial", "Ant"), partners with Zapper, the fast-growing mobile payment, customer insights and digital marketing platform developed in South Africa.
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