News > FinTech, AI, Financial Services

China’s First Digital Bank Teams up With HK Startup to Develop ‘Federated Learning’ AI
Tencent-backed WeBank, China’s first digital bank, is currently developing new models in artificial intelligence called “federated learning,” DigFin reports. Traditional machine learning requires all the data to be centralized into one machine or datacenter. This, however, can be privacy-intrusive especially for banks and devices which store sensitive information. Federated Learning on the other hand is designed for decentralized data, allowing
Fintech Is Opening A New Way Of Extract Knowledge
ValueWalk’s Q&A session with Ruggero Gramatica, the CEO of Yewno. In this interview he discusses Yewno’s goal, focusing on Fintech, if Yewno is meant for institutional or retail investors, offering derivative data feeds to Yahoo Finance, and using the using the knowledge graph. Image source: Pixabay Can you tell us about your background? Over 20 years of experience in startups
Hong Kong Mulls Additional Incentives for Angel Investors
Hong Kong’s start-up scene has been on a tear lately, and it looks like it may get another boost sometime soon. According to the SCMP, Financial Secretary Paul Chan Mo-po recently blogged that the Hong Kong government is considering additional incentives for angel investors. Chan said that angel investors – who mainly operate outside the city – are “important to
Elizabeth Warren’s Big Ideas on Big Tech
The debate about how to regulate the tech sector is eerily reminiscent of the debate over financial regulation in the early 2000s. Fortunately, one US politician has mustered the courage to call for a total rethink of America's exceptionally permissive merger and acquisition policy over the past four decades. CAMBRIDGE – Displaying a degree of courage and clarity that is
Trump Signs Executive Order Promoting the Development and Regulation of AI in the U.S.
President Trump signed an executive order on Feb. 11 that seeks to boost the development of artificial intelligence and develop a regulatory framework for the burgeoning technology. Trump's order comes amid ongoing calls for the White House to take a leadership role in promoting AI, with some fearing that the U.S. was falling behind China in developing the technology. Trump's
SoftBank Invests $940M in an Autonomous Delivery Startup
Okay, so maybe SoftBank's massive Vision Fund isn't actually low on cash after all. SoftBank Chief Executive Masayoshi Son - who has never been shy about making big, splashy bets - has just made another one: SoftBank is investing a staggering $940 million through its Vision Fund in Nuro, a robotic-delivery startup, as the Wall Street Journal reported and Nuro
Artificial Intelligence Company Yewno Brings AI to Financial Research With Yewno|Edge
Investing is all about identifying relationships. A change in this data point will affect that asset. A change in that asset will affect this other asset. This domino effect can ultimately wreak havoc on an investment portfolio. Of course, there’s an almost infinite amount of possible connections between corporate activity, macro- and micro-economic indicators and other global events that can
Waymo Looks to the Motor City For Autonomous Vehicle Plant
Driverless cars may be the future, but Waymo will build them in a place synonymous with the nation’s automotive past. The autonomous vehicle company said Tuesday that it is looking for a factory in the Detroit area to outfit driverless cars with its technology following news that it’s receiving a grant from Michigan economic development officials. Waymo, a spinoff of
Blurring the Lines Between VR and Real Life: A New Global Economy is on The Horizon
Immersive virtual reality (VR) and Augmented Reality (AR) technology have started gaining traction over the last decade. An eclectic mix of start-ups and top technology brands such as Google (NASDAQ: GOOG), Facebook, Inc. (NASDAQ: FB), and Sony Corp (NYSE: SNE) are simultaneously competing and collaborating to unlock the potential value in the virtual world. The most popular use cases of VR right
Faster, Smarter, More Efficient: Bond Investing Goes Digital
The digital revolution has revolutionized electronic trading platforms, financial modeling, big data analysis and much more. But buying and selling bonds remains a stubbornly analog process in many places. In the coming years, however, fixed-income managers who have developed or adopted cutting-edge digital tools will be able to proceed from great ideas to executed trades faster and with better results