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Tag: Alibaba

Both Mastercard and Wells Fargo have been actively exploring the benefits of blockchain technology

The main executives of Mastercard and Wells Fargo agreed that the blockchain technology has a long-term potential. But to date it has not been done. Tim Sloan, Managing Director of Wells Fargo, and Ajaypal Banga, Executive Director of MasterCard, agreed that the potential of distributed record technology (DLT) has not…

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Fintechs are opening up in more and more countries

Deutsche Bank and Commerzbank are talking about a possible merger. This is probably due not least to the fact that their stock market value has fallen significantly in recent years. Lower margins, stagnating restructuring efforts and especially at Deutsche Bank. New scandals and scandals have meant that the share prices…

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Alibabacoin no longer wants to use the name Alibaba

The Dubai-based cryptography firm ABBC Foundation has agreed to stop using the name “Alibaba” for its cryptocurrency following a lawsuit filed by Chinese e-commerce giant Alibaba Group.  ABBC Foundation’s decision was made in a settlement after Alibaba’s trial of the crypto start-up for almost a year. The ABBC Foundation, formerly…

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A Spanish fintech closes one of the largest rounds of financing

A Spanish fintech closes one of the largest rounds of financing in the sector so far. Pagantis, former Digital Origin, has raised 66 million euros from three funds to finance its international expansion. Son Prime Ventures, SPF Investment Management, a recent spin-off of Credit Suisse and Rinkelberg Capital Group. This…

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Make your startup succeed with Google, Alibaba and Xiaomi

The young smart speaker market saw an upturn in 2018 thanks in large part to Chinese manufacturers and American companies such as Amazon and Google. During 2018, 78 million smart speakers were sold worldwide, with Amazon in the lead, Google following in its footsteps and the Chinese Alibaba, Xiaomi and…

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Is Google able to take over fintech? All you need to know about this matter

Technological giants such as Amazon, Google, Facebook and Alibaba have an advantage over traditional financial technology companies (fintech) by having unlimited user information and capital, which allows them to compete strongly, the Financial Stability Board (FSB) said. for its acronym in English). Financial services as part of product range In…

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Amazon suspends its plans to make its headquarters in New York

Amazon, the famous e-tailer of Jeff Bezos, has announced that it would not open its new headquarters in New York. This is due to opposition from local politicians. Electronic commerce (in its different variants such as m-commerce or social commerce) continues to expand and position itself in the world market.…

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AI in Hospitality Industry: The hotels are already testing their robot concierge

Get ahead of the requests. The hotel industry bases a large part of its future projection on this objective. To achieve it is including more and more artificial intelligence in your business. It’s been a while since the robots entered the hotels; in 2016 Marriott had already launched with a…

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