equipment - FinTecBuzz

Mobile Payment Transaction Market Is Projected to Reach US$ 1055.36 Bn

PRNewswireAugust 25, 202213 min

Asia-Pacific is expected to have a Mobile Payment Transaction Market share of 35% by 2032, and is touted to have the largest market share. The WAP/WEB segment contributes more than 40% of the market share. MEA is anticipated to have a Mobile Payment Transaction market share of 25% by 2032.

Insurance

Ping An to trial China’s financial data center with PUE<1.25

PRNewswireAugust 8, 20226 min

Ping An Insurance (Group) Company of China, Ltd. (HKEx:2318; SSE:601318) announced that its new Ping An Guanlan Data Center No. 3 has set a benchmark for energy-saving and emission-reduction technology in China’s financial data centers, marking another step toward Ping An’s goal to achieve operational carbon neutrality by 2030. It is the first financial data center in mainland China with a Power Usage Effectiveness (PUE) lower than 1.25, which is expected to save about 10.5 million kilowatt hours (kWh) of electricity and...

Guest Articles

How Commercial Private Credit Investing Can Attract New Investors

Sundip PatelAugust 4, 202217 min

Sundip Patel highlights the importance of personal finance and how commercial private credit investing can attract new investors.

Insurance

AXA XL promotes Chris Lee to Head, E&S property insurance business

PRNewswireJuly 29, 20223 min

AXA XL has promoted Christopher Lee to lead its Excess & Surplus property insurance business. Based in New York, he reports to Michele Sansone, Chief Underwriting Officer for AXA XL’s Property business in the Americas. According to Ms. Sansone, “Especially given current insurance market conditions and pricing, more businesses are turning to E&S insurers, like AXA XL, to address property risks that other insurers may shy away from. We’ve built a strong market reputation for addressing complex property risks because of...

Crypto Currencies

Foundry Announces Foundry Academy

PRNewswireJuly 20, 20227 min

One-week program taught by experienced instructors from industry and academia provides hands-on training for people looking to join the bitcoin mining industry

In-House Features

How POS helps you to accelerate your business growth

FTB News DeskJuly 7, 202211 min

An effective POS (Point Of Sale) is a critical investment for every business. How do you discover the best POS and make the right choice for your business?

Investments

AGIC Capital Completes Investment into Eulitha AG

BusinessWireJuly 5, 20224 min

AGIC Capital invests into Switzerland-based Eulitha, a leading provider of non-contact Nano-UV-Lithography equipment and services AGIC Capital will work with the management team to accelerate Eulitha’s growth globally and promote its proprietary PHABLE™ technology solution for the AR/VR, advanced optical components, and other industries European-Asian private equity firm AGIC Capital today announces that an investment fund under its management has entered into a set of transaction documents in respect of an undisclosed amount into Eulitha...

Payments

Biometrically Authenticated Remote Mobile Payments to Reach $1.2 Tln

BusinessWireMay 30, 20224 min

Security Regulations to Drive Adoption of Biometric Authentication Systems

Crypto Currencies

BIT Mining Limited Announces Unaudited Financial Results

PRNewswireMay 30, 202230 min

BIT Mining Limited (NYSE: BTCM) (“BIT Mining,” “the Company,” “we,” “us,” or “our company”), a leading technology-driven cryptocurrency mining company, today reported its unaudited financial results for the first quarter ended March 31, 2022. Cryptocurrency Business Progress BIT Mining is a leading technology-driven cryptocurrency mining company with three primary business segments covering self-mining, mining pool and data center operation. The Company is pursuing its development strategy to focus on cryptocurrency mining operations globally. As of today, the...

Crypto Currencies

Brian Oliver Joins BlockFi as General Manager of Institutions

PRNewswireMay 17, 20224 min

BlockFi, a global crypto financial services company, announced today that Brian Oliver has joined the company as General Manager of Institutions. In this role, Oliver will manage BlockFi’s Institutional business globally, which includes prime brokerage services, mining equipment-backed and crypto loans, and asset management services to clients across the traditional finance and crypto ecosystem. In his more than 20 years of experience with leading global financial institutions, Oliver has launched, built and scaled businesses across the full...

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