Future FinTech Announces Entry into VIE Agreements for the Expansion of its E-commerce Business Scope in China

Future FinTech Group Inc. (FTFT)(“Future FinTech”, “FTFT” or “the Company”), a financial technology company and integrated producer of fruit-related products, today announced that on July 31, 2019, Chain Cloud Mall Network and Technology (Tianjin) Co., Ltd., (the “CCM Tianjin”), a wholly-owned subsidiary of the Company, Chain Cloud Mall E-commerce (Tianjin) Co., Ltd., a limited liability company incorporated under the laws of the China (the “E-commerce Tianjin“), Mr. Zeyao Xue and Mr. Kai Xu, citizens of China and shareholders of E-commerce Tianjin, entered into...

Machine Learning for More Equitable Credit Powers Airfox — ZestFinance Partnership

Airfox, a startup providing transformative financial services to emerging markets, today announced a partnership with artificial intelligence (AI) leader ZestFinance and Brazilian retail giant Via Varejo to deliver a new microcredit model with next-generation algorithmic infrastructure predicated on more equitable credit risk analysis. Combining machine learning (ML) and predictive analytics to extend credit opportunity to underserved populations without incurring greater risk, this partnership will allow Airfox and Via Varejo to capitalize on a significant market...

Black Knight Appoints Peter Carrara as Chief Information Officer

Black Knight, Inc. (NYSE: BKI), a leading provider of integrated software, data and analytics to the mortgage and real estate industries, announced today that Peter Carrara has joined the company as Chief Information Officer. In his new role, Carrara will lead Black Knight’s Information Technology Services group, where he will have overall responsibility for managing the technology infrastructure planning and deployment in support of Black Knight’s clients and internal technologies. Black Knight’s proven technology is at the core of...

Inclusive Fintech 50 List Announced

Accion, a non-profit that seeks to boost financial inclusion aroundn the world, has announced the “Inclusive Fintech 50” list recognizing Fintechs that are helping to accomplish the goal of inclusion. The project has been completed in partnership with the MetLife Foundation, Visa, and the IFC. Accion states that the winners reach a combined 8 million customers with approximately 30% of the winners provide credit products to underserved segments including MSMEs, and approximately 25% percent offer...

CSI Names Kurt Guenther as Leader of Its Business Solutions Group

Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, announced that Kurt Guenther has joined the company as president of its Business Solutions Group, which consists of its managed services, electronic and print delivery services, and regulatory compliance solutions. With more than 25 years of executive leadership and sales experience, Guenther will lead CSI’s Business Solutions Group in developing product strategy, enhancing the customer experience, and driving both new sales and cross-sales...

X Financial Announces Dividend of US $0.10 per ADS for Fiscal Year of 2018

X Financial (NYSE: XYF) (the “Company” or “we”), a leading technology-driven personal finance company in China, today announced the Company’s Board of Directors (the “Board”) has approved an annual cash dividend policy for fiscal year 2018. The amount of cash dividends to be distributed for the fiscal year ended December 31, 2018 is US$0.10 per American Depositary Share (“ADS”) (or US$0.05 per ordinary share), equivalent to approximately US$15.0million in total. The dividends are expected to be paid on April 26, 2019 to the holders of the...

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