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Bitcoin More Influential in US Politics Than Ever, In the UK, age matters when it comes to angel fin

Bitcoin More Influential in US Politics Than Ever

US Senate candidate Austin Petersen revealed his campaign received, and promptly returned, a giant amount of bitcoin this week, as the donation ran afoul of financing laws. Leading candidate for the Libertarian Party’s national chair, Joshua Smith, has made cryptocurrency a key part of his platform heading into the convention. Candidate for congress, coder Brian Forde, former MIT Media Lab digital currency director, and one-time technology advisor to President Obama, came out strongly in favour of cryptocurrency.

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Category: Cryptocurrency in Politics

Image & article ref: news.bitcoin.com

In the UK, age matters when it comes to angel fintech investment

It seems apt to be writing about angel investment into fintech today, after spending last night at a dinner hosted by renowned angel investor Jason Calacanis. The unicorn chaser is in Sydney this week for Launch Festival Sydney, and most likely using the platform to spot baby unicorns in the making. A report from the British Business Bank has found fintech is popular with Jason’s British counterparts, with 25% of respondents surveyed indicating the sector was their top area for investment. Healthcare and life sciences...

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Category: Fintech Investment

Image & article ref: dailyfintech.com

Bitcoin Price Outperformed Crypto Hedge Fund Pantera Capital Last Month

Sometimes it doesn’t pay to diversify — just ask cryptocurrency hedge fund Pantera Capital, whose fund underperformed the bitcoin price last month.

According to Bloomberg, the firm’s Digital Asset Fund underperformed bitcoin during May as the cryptocurrency markets continued to decline further from the all-time highs they set in late December and early January. Pantera CEO Dan Morehead acknowledged the poor performance in a monthly investment letter distributed to clients on Tuesday, explaining that the fund had...

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Category: Crypto Performance

Image & article ref: cityam.com

7-Eleven Partners soCash To Offer Cardless Cash Withdrawals

As part of continued efforts to elevate customer convenience through digital transformation, 7-Eleven partners with FinTech start-up, soCash, to offer cash withdrawal via the latter’s mobile app.

This cardless cash withdrawal service has been available at all 7-Eleven stores from 1 June 2018.

The collaboration will see soCash’s proprietary digital cash circulation platform integrated into 7-Eleven’s retail network of more than 370 stores island-wide. This will enable customers to effortlessly withdraw money...

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Category: Payment Processing

Image & article ref: fintechnews.sg

Why humans will still be at the core of great CX

Companies looking to automate all their customer experience using artificial intelligence (AI) or machine learning are likely to fail at delivering the seamless, post-channel CX experiences customers want. This is the opinion of Gartner VP distinguished analyst, Michael Maoz, who said it is not a matter of bots/AI replacing all human interactions in future, but actually facilitating humans to deliver better CX. Speaking at the recent Gartner Summit in Sydney, Maoz noted 1600 startups in AI this year with $12 billion...

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Category: Machine Learning

Image & article ref: cmo.com.au

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