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Data is the new gold in the rapidly transforming financial services industry

Huawei OceanStor Dorado all-flash storage speeds transactions in the era of Bank 4.0
Australia’s top four banks have removed 2,150 ATM terminals and closed 175 bank branches since June 2020. In India, the local real-time payment system, United Payments Interface (UPI), saw an increase in spending by roughly 70 percent over the first seven months of 2020, while in the UK, the average daily transaction value processed by the Faster Payments service rose by more than 10 percent from the fourth quarter of 2019 to the end of March 2020. According to the 2020 McKinsey Global Payments Report, the COVID-19 pandemic accelerated a series of existing trends in consumer and business behaviors, significantly boosting the ongoing shift towards e-banking, digital and instant payments and bringing about half a decade’s worth of changes in just a few months. ....

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Sino-Forming South of the Border

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Central American migrants wait for food in El Paso, Texas, Wednesday, March 27, 2019, in a pen erected by U.S. Customs and Border Protection to process a surge of migrant families and unaccompanied minors. (AP Photo/Cedar Attanasio)
The following story appeared Feb. 12 in Asia TImes and remains behind the paywall. Like most newspapers, Asia Times has to charge for content to stay in business. I am releasing the article to PJ Media readers because it’s critical for us to understand what competition we face. American officials habitually dismiss China’s global infrastructure buildout as “debt trap diplomacy,” but the real story is more complicated, and more ominous. I know it, because I spent several years in the belly of the dragon. ....

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Data is the new gold in the rapidly transforming financial services industry

Huawei OceanStor Dorado all-flash storage speeds transactions in the era of Bank 4.0 ....

United Kingdom , Huawei Oceanstor Dorado , Huawei Oceanstor , Oceanstor Dorado , Kersi Tavadia , Financial Services Ctos , Bombay Stock Exchange , United Payments Interface , Faster Payments , Kinsey Global Payments Report , Primary Storage , Fibre Channel , Oceanstor Dorado Series , Oceanstor Dorado All Flash Storage , Huawei Tech Summit , ஒன்றுபட்டது கிஂக்டம் , குண்டு ஸ்டாக் பரிமாற்றம் , ஒன்றுபட்டது கொடுப்பனவுகள் இடைமுகம் , வேகமாக கொடுப்பனவுகள் , கிந்ஸீ உலகளாவிய கொடுப்பனவுகள் அறிக்கை , ப்ரைமரீ சேமிப்பு , ஃபைபர் சேனல் , ஹூவாய் தொழில்நுட்பம் உச்சிமாநாடு ,

Money in the Bank: Data Is the New Gold

Data is the new gold in the rapidly transforming financial services industry ....

United Kingdom , Huawei Oceanstor Dorado , Huawei Oceanstor , Oceanstor Dorado , Kersi Tavadia , Financial Services Ctos , Bombay Stock Exchange , United Payments Interface , Faster Payments , Kinsey Global Payments Report , Primary Storage , Fibre Channel , Oceanstor Dorado Series , Gartner Magic Quadrant , ஒன்றுபட்டது கிஂக்டம் , குண்டு ஸ்டாக் பரிமாற்றம் , ஒன்றுபட்டது கொடுப்பனவுகள் இடைமுகம் , வேகமாக கொடுப்பனவுகள் , கிந்ஸீ உலகளாவிய கொடுப்பனவுகள் அறிக்கை , ப்ரைமரீ சேமிப்பு , ஃபைபர் சேனல் , கார்ட்னர் மந்திரம் நால்வர் ,

Checkout.com Triples Valuation to $15bn with $450m Series C Fundraise, Accelerating Global Expansion

Checkout.com Triples Valuation to $15bn with $450m Series C Fundraise, Accelerating Global Expansion
NEW YORK, Jan. 12, 2021 /PRNewswire/ Checkout.com, the leading Connected Payments solutions provider, today announced that it closed a $450 million Series C fundraising round. This gives the business a post-money valuation of $15 billion, making it the fourth largest fintech globally and EMEA s most valuable venture-backed business
(1), as the business continues to expand across the globe.
The Series C was led by Tiger Global Management, LLC, a New York-based technology investor that partners with dynamic entrepreneurs operating market-leading growth companies, including Facebook, LinkedIn, Spotify, ByteDance, and JD.com. Greenoaks Capital also joined the round along with participation from existing investors Insight Partners, DST Global, Coatue Management, Blossom Capital, Endeavor Catalyst, and Singapore s Sovereign Wealth Fund GIC. ....

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