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Enterprise software provider R3 is teaming up with Mastercard to establish a blockchain solution for cross-border payments, the companies said in a press release on Wednesday Sept. 11 .The new blockchain-enabled solution
stanley france aims to bridge international payments infrastructures, schemes and banks via a Mastercard clearing and settlement network.More than 300 financial services firms, technology companies, banks, regulators and associations are part of R3s Corda ecosystem. Developing a new and better cross-border B2B payments solution by improving worldwide connectivity in the account-to-account space is
stanley nz central to Mastercards ambition, said Peter Klein, executive v
stanley cup ice president of New Payment Platforms for Mastercard. Our goal is to deliver global payment infrastructure choice and connectivity as demonstrated through our recent strategic acquisitions and partnerships, including our relationship with R3. It confirms our commitment to innovation, both homegrown and through partnerships and acquisitions, to support advances and innovation in the increasingly complex global payment infrastructure space. The new operation combines R3s blockchain expertise with Mastercards existing payment assets and distribution. We are excited to partner with Mastercard to help shape the future of the digital payments ecosystem. All institutions 鈥?large or small 鈥?rely on the ability to send and receive payments, but all too often the technology they rely upon is cumbersome and expensive, said Da Rmex Ant Financial Has More Than 600 Million Users
Beijing-based Geek+ has raised a $150 million investm
stanley quencher ent round for its robotics technology, designed to enhance supply chain management and logistics.聽Gigabit Magazine reported that Geek+ secured the Series B round from Warburg Pincus and other backers, leading to what reports said is the largest Series B investment round for a logistics robotics company.Geek+ offers robotics, artificial intelligence AI , Big Data, Internet of Things IoT and cloud computing to streamline supply chain and logistics operations. The company provides a suite of solutions, including moving technology, automated sorting, an autonomous forklift and a cargo-to-man picking system. Reports said Geek+ aims to provide businesses with fully automated warehouses and factories.The investment will be used to accelerate growth and focus on product innovation,聽the company said, broadening its global distribution network and enhancing its customer service offering.This year, we expect to grow our business by more than five times, said the company CEO Yong Zheng in the firm announcement. This round of financing will further strengthen Geek+ continued investments in innovative products and solutions, [a] global distribution network and customer service.In another statement, Jericho Zhang, executive director o
stanley mug f Warburg Pincus, said Geek+ has shown impressive growth.Since our first investment in Geek+ last year, we have been very impressed
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