Monday, July 01, 2019

#CryptoCorner: Market Pullback, BIS Chief Supporting CBDCs, Xetra Lists First #Blockchain Company, Huobi Partners with Nervos for DeFi Services and Busan to Launch Local #Crypto

#CryptoCorner: Market Pullback, BIS Chief Supporting CBDCs, Xetra Lists First #Blockchain Company, Huobi Partners with Nervos for DeFi Services and Busan to Launch Local #Crypto



Point Roberts WA, Delta BC, July 1, 2019 -  Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.’s  (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and  the Genesis Exchange and Wallet  App bring you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .

Listen to today’s Crypto Corner Podcast:   https://www.investorideas.com/Audio/Podcasts/2019/070119-CryptoMarket.mp3



Subscribe to Podcast RSS feed:
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July 1 Crypto Corner

Stocks discussed: (BWQ.F)

Over the weekend the crypto market has seen a pullback as total market capitalization has sunk from its Friday peak of about $350 billion to $306 billion this morning, according to data from CoinMarketCap. Bitcoin (BTC) is still trading for more than $10,000 ($10,490 at press time), a support level it reached on June 21 which it hasn’t yet dipped below. With 61 percent of the market, Bitcoin still dominates with a market cap of about $187 billion.

CoinDesk reports that Agustin Carstens, chief of the Bank for International Settlements (BIS), has expressed support for central bank digital currencies (CBDCs) in a recent interview with the Financial Times. Regarding global central banks that are already developing CBDCs, Carstens said, “we are working on it, supporting them”. Carstens has described cryptocurrencies as a “Ponzi scheme” as recently as a year ago.

German financial news site DGAP reports that blockchain development firm Advanced Blockchain AG (BWQ.F) has been listed on Deutsche Boese’s Xetra exchange. According to the report the Berlin-based company:

“…focuses on the design, development and implementation of distributed ledger technology (DLT) software for businesses and their products and services.”

Huobi Group has partnered with blockchain network Nervos to develop a new public blockchain focused on decentralized financial (DeFi) services. Provisionally called the Huobi Finance Chain, the project is described as “a regulator-friendly, high-performance financial blockchain that allows enterprises, financial institutions, and exchanges to deploy their own blockchains, tokenized assets, and DeFi services”. Leon Li, CEO and Founder of Huobi Group, commented:

"The mission of Huobi Group is to make finance more efficient and make wealth accessible to all. This project is not only in line with Huobi's overall strategy, but it also fulfils our core mission. From a strategic point of view, decentralized financial services are still in an early stage of development. The market demand is clear, however, and we believe this is a very definite business opportunity.”

Busan, South Korea’s most populous city after the capital Seoul, will be issuing a blockchain-based local cryptocurrency, according to local outlet ETNews. The currency will be a stablecoin, equal to the local currency in the BNK Busan Bank account. This development follows the selection of Busan as a blockchain regulation-free zone.


Sam Mowers, Investorideas

Read other editions of the  Crypto Corner

Get the Crypto Corner News by email Get Crypto Corner News


Crypto Corner Sponsors:


Flip™ is the creation of Fit Pay, Inc., a leading provider of cutting edge payment technology and a subsidiary of NXT-ID (NASDAQ: NXTD). By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders to seamlessly exchange their cryptocurrency for US dollars and store that value on a contactless payment device that can be used to make purchases at millions of retail locations.  https://www.fliptopay.com/






Genesis Exchange and Wallet App by Genesis Blockchain Technologies ( GBT)
@GenesisBlockch  , @GbtTechnologies
GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange.You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at  http://www.mygenesis.io

More info on the sector:
Investor Ideas is positioning as a  leader in blockchain and crypto content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.comCryptocurrencyinvestorideas.com and Blockchaininvestorideas.com

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: this newsletter and podcast is sponsored content by featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip and GBT Technologies . More info: http://www.investorideas.com/About/News/Clientspecifics.asp
Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
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Cryptocurrency Disclaimer
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

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#CryptoCorner: Market Pullback, BIS Chief Supporting CBDCs, Xetra Lists First #Blockchain Company, Huobi Partners with Nervos for DeFi Services and Busan to Launch Local #Crypto



Point Roberts WA, Delta BC, July 1, 2019 -  Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.’s  (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and  the Genesis Exchange and Wallet  App bring you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .

Listen to today’s Crypto Corner Podcast:   https://www.investorideas.com/Audio/Podcasts/2019/070119-CryptoMarket.mp3



Subscribe to Podcast RSS feed:
https://www.investorideas.com/rss/feeds/Podcasts-Crypto.xml

July 1 Crypto Corner

Stocks discussed: (BWQ.F)

Over the weekend the crypto market has seen a pullback as total market capitalization has sunk from its Friday peak of about $350 billion to $306 billion this morning, according to data from CoinMarketCap. Bitcoin (BTC) is still trading for more than $10,000 ($10,490 at press time), a support level it reached on June 21 which it hasn’t yet dipped below. With 61 percent of the market, Bitcoin still dominates with a market cap of about $187 billion.

CoinDesk reports that Agustin Carstens, chief of the Bank for International Settlements (BIS), has expressed support for central bank digital currencies (CBDCs) in a recent interview with the Financial Times. Regarding global central banks that are already developing CBDCs, Carstens said, “we are working on it, supporting them”. Carstens has described cryptocurrencies as a “Ponzi scheme” as recently as a year ago.

German financial news site DGAP reports that blockchain development firm Advanced Blockchain AG (BWQ.F) has been listed on Deutsche Boese’s Xetra exchange. According to the report the Berlin-based company:

“…focuses on the design, development and implementation of distributed ledger technology (DLT) software for businesses and their products and services.”

Huobi Group has partnered with blockchain network Nervos to develop a new public blockchain focused on decentralized financial (DeFi) services. Provisionally called the Huobi Finance Chain, the project is described as “a regulator-friendly, high-performance financial blockchain that allows enterprises, financial institutions, and exchanges to deploy their own blockchains, tokenized assets, and DeFi services”. Leon Li, CEO and Founder of Huobi Group, commented:

"The mission of Huobi Group is to make finance more efficient and make wealth accessible to all. This project is not only in line with Huobi's overall strategy, but it also fulfils our core mission. From a strategic point of view, decentralized financial services are still in an early stage of development. The market demand is clear, however, and we believe this is a very definite business opportunity.”

Busan, South Korea’s most populous city after the capital Seoul, will be issuing a blockchain-based local cryptocurrency, according to local outlet ETNews. The currency will be a stablecoin, equal to the local currency in the BNK Busan Bank account. This development follows the selection of Busan as a blockchain regulation-free zone.


Sam Mowers, Investorideas

Read other editions of the  Crypto Corner

Get the Crypto Corner News by email Get Crypto Corner News


Crypto Corner Sponsors:


Flip™ is the creation of Fit Pay, Inc., a leading provider of cutting edge payment technology and a subsidiary of NXT-ID (NASDAQ: NXTD). By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders to seamlessly exchange their cryptocurrency for US dollars and store that value on a contactless payment device that can be used to make purchases at millions of retail locations.  https://www.fliptopay.com/






Genesis Exchange and Wallet App by Genesis Blockchain Technologies ( GBT)
@GenesisBlockch  , @GbtTechnologies
GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange.You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at  http://www.mygenesis.io

More info on the sector:
Investor Ideas is positioning as a  leader in blockchain and crypto content with its Bitcoin and Blockchain portals Bitcoinandblockchainstocks.comCryptocurrencyinvestorideas.com and Blockchaininvestorideas.com

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: this newsletter and podcast is sponsored content by featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip and GBT Technologies . More info: http://www.investorideas.com/About/News/Clientspecifics.asp
Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Cryptocurrency Disclaimer
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.

Copyright and ownership: Crypto Corner is an Investorideas.com content brand

Learn more about our news, PR and social media services at Investorideas.com

Follow us on Twitter https://twitter.com/Investorideas

Contact Investorideas.com
800-665-0411




Get more Bitcoin and Blockchain Investor ideas  – news, articles, podcasts and stock directories 




















































Recent #CBD / #Cannabis Acquisitions (OTC: $SIML) (TSX: $WEED.TO) (NYSE: $CGC) (CSE: $CRFT.C) (CSE: $IAN.C) (OTCQX: $ITHUF)

Recent #CBD / #Cannabis Acquisitions (OTC: $SIML) (TSX:  $WEED.TO) (NYSE: $CGC) (CSE: $CRFT.C) (CSE: $IAN.C) (OTCQX: $ITHUF)

Point Roberts WA, Delta BC – July 1, 2019 - Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a multi-media snapshot reporting on recent acquisitions in the CBD cannabis space.

Viridian’s Deal Tracker recently noted, “Acquisitions of companies in the hemp sector accelerate worldwide as industrial and consumer hemp/CBD markets develop.”

Driving the acquisition flurry; the collective market for CBD sales is expected to exceed $20 billion in the United States by 2024, according to BDS Analytics and Arcview Market Research.

Aiming to capitalize on this, Simlatus Corporation (OTC PINK:SIML), a holding company focused on opportunities in the cannabis space just announced that the Company is cleaning up corporately to be better positioned for acquisitions in the future.


From the news - “During the past several months the Company has retired and returned to treasury $2.7M in Convertible Debt using its cash reserves to quarantine toxic conversions, stock dilution and preserve its equity.“
  
Continued: Richard Hylen, Chairman and CEO stated “Our shareholders and management team have been on an impressive run ever since the company expanded its footprint into the cannabis sector with our most recent acquisition of Proscere Bioscience. With this acquisition, the company gained access to a cold-water CBD extraction Technology that presents an exciting opportunity on revenue generation. With the acquisition, the company has gained access to a valuable asset capable of strengthening its revenue base, with a current $2.8M in its first purchase order, and commitments of $275M over the next 5 years. The company has already set sights on Canada, USA, and Europe as it embarks on an aggressive commercialization drive for the cold-water CBD extraction systems.”

Cannabis leader, Canopy Growth Corporation (TSX:WEED) (NYSE:CGC) is also completing an acquisition in extraction technology, announcing on June 26th that it has completed a transaction to acquire Saskatoon-based bio-product extractor KeyLeaf Life Sciences, related entities and intellectual property.  “Canopy Growth has been working closely with KeyLeaf – formerly known as POS Bio-Sciences – as a trusted partner building out extraction processes and technology for the past year as it refines its scale extraction model for Canadian and global markets. As previously disclosed, Canopy Growth assumed control of KeyLeaf for accounting purposes in November 2018. As such, KeyLeaf’s financial results were consolidated in the Company’s fiscal 2019 financial statements. Through the transaction, the Company is acquiring a large-scale Canadian extraction facility as well as an extraction-related facility in the United States to support the Company’s US CBD expansion.”

Continued: “With over 45 years of experience in the canola, nutraceutical, cosmetic and bio-product industries, KeyLeaf is a recognized leading authority with significant intellectual property relating to plant-based extraction and ingredients. The extensive experience of KeyLeaf’s chemists, engineers, and operators will remain within the organization to further refine the cannabinoid extraction process and will support Canopy Growth in the design, training, oversight, and implementation of additional extraction sites around the world.”

Continued: “KeyLeaf has been working closely with Canopy Growth over the past year to retrofit its Saskatchewan facility to advance technology development and commercialization, in order to process hemp and cannabis biomass, and to conduct pre- and post-extraction processes.  It is anticipated the facility, which is currently in the Health Canada licensing process, will be able to process up to 5,000 kg of input materials daily when operational.”

Continued: “Canopy Growth intends to leverage this facility, along with other owned and partner extraction options, to process its over 5,000 acres of Canadian CBD hemp production, over 160 acres of outdoor cannabis production, as well as any extraction materials outputted from its over 4 million square feet of greenhouse growing operations.  Then it’s off to Smiths Falls to produce the best possible, IP-protected products out there!”

Looking at other recent acquisition news in the sector, Pasha Brands Ltd. (CSE: CRFT) (OTC:CRFTF), Canada's largest craft cannabis brands organization, announced on June 24th the acquisition of the CBD Therapeutics brand – a leading pre-legalization manufacturer and purveyor of cannabidiol (CBD) product based in British Columbia.

Continued: “Since its inception, CBD Therapeutics has supplied solvent-less full spectrum and isolated CBD formulations to the pre-legalization market throughout Canada, and increased access to both products and education. Since ceasing sales on October 17, 2018, CBD Therapeutics has been preparing to enter the regulated framework. Pasha has acquired all of the brand's trademarks, names and intellectual property and will re-launch the brand in the Canadian regulated market in the very near future.” 

Continued: "Joining Pasha Brands is yet another step forward in our mission of making CBD products more accessible," said James Whitehead, CEO of CBD Therapeutics. "Working with a collective of smart, like minded individuals and brands will help open opportunities for CBD Therapeutics and aid our growth. It already has."

Finalizing a previously announced acquisition, iAnthus Capital Holdings, Inc. (CSE: IANOTCQX: ITHUF), which owns, operates and partners with best-in-class regulated cannabis operations across the United States, announced  on June 28th that its US subsidiary has closed the previously announced acquisition of CBD For Life, a top-ranked, national CBD brand in the US.

Continued: “CBD For Life has experienced accelerating revenue growth, from both existing customers and new account additions—representing approximately 50% quarter over quarter growth. CBD For Life's products are sold directly to consumers online at www.cbdforlife.us as well as in over 1,000 retail locations in 46 states, with a dedicated sales channel working with national retailers to on-board new locations weekly. CBD For Life's roster of national retailers include Urban Outfitters, Paper Source, Of a Kind, Olympia Sports, and Weis Markets, with others soon to be announced. Since announcing the Urban Outfitters relationship in mid-April 2019, the retailer has expanded the lineup of CBD For Life products it carries and the number of retail locations in which it offers them. CBD For Life's CBD-infused wellness, self-care, and beauty products have been featured in a wide range of cable, online, and print publications—including on NBC's Today Show and Telemundo47.”

Continued: “According to industry experts, U.S. retail sales of CBD consumer products are estimated to have been between $600 million and $2 billion in 2018. As a growing number of CBD brands and product types become increasingly available through diverse retail channels, the CBD market is projected to generate $16 billion in U.S. retail sales by 2025. Research has shown that nearly 7% of the U.S. population in January of 2019 reported using CBD as a supplement, and that number is expected to grow to at least 10% by 2025.”

“CBD sales have exploded in the past several months, but there’s still a long way to go when it comes to consumer, retailer, and manufacturer knowledge,” said Jessica Lukas, Vice President of Consumers Insights at BDS Analytics. “56 percent of adults 21+ do not know or are confused about the differences between THC and CBD.”

As the consumer matures, so will the industry and the hunt for acquisitions will continue to find the best in breed within the sector.

Read the full article/snapshot on Investorideas.com 

For investors following cannabis stocks, Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX Marijuana/Hemp Stocks

About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 
Follow us on Cannabis Social Media

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
Disclosure: this news article SIML is a paid for service( two thousand ) on  Investorideas.com - third party . More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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Friday, June 28, 2019

The #AIEye: IBM (NYSE: $IBM) Watson Stands Out for Finance Solutions and Accenture (NYSE: $ACN) Teams with Mujin


The #AIEye: IBM (NYSE: $IBM) Watson Stands Out for Finance Solutions and Accenture (NYSE: $ACN) Teams with Mujin

#AI Image Recognition Market to Hit $5.32 Billion by 2024



Point Roberts WA, Vancouver BC – June 28, 2019  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence.

Listen to today’s podcast:



Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NYSE:IBM) (NYSE:ACN)

In a digital workshop hosted by IBM Watson Marketing (NYSE:IBM) yesterday, IBM Watson technical program manager Giulio Soliani explained why Watson is the better bet among numerous competitors for AI solutions in the financial services industry.

Simplicity: “Whether you’re a developer or a business subject matter expert, you can leverage the Watson tooling made available so that you can train Watson without needing a PhD in machine learning.”

Built-in AI: “As you train and configure Watson, you can do so very quickly … because we have invested in building AI models that can get you up and running quickly.

Deploy anywhere“Right now you can deploy IBM Watson on IBM Cloud, on your own private cloud, or on some of our competitor clouds.”

Data Ownership: “We’re very committed [to the idea] that your data remains yours as well as the insights generated thereof.”

Accenture (NYSE:ACN) and industrial robot maker Mujin are collaborating to deliver end-to-end intelligent service that uses artificial intelligence (AI) and robotics to help accelerate digital transformation in the logistics industry. Atsushi Egawa, country managing director of Accenture, Japan, explained:

"For organizations to accelerate transformation, they need to form broader ecosystems through cooperation with external partners. Mujin, as the world's leading robot technology provider, is essential to transforming manufacturing industries. Through the collaboration with Mujin, Accenture will strengthen its ecosystems in the AI and robotics fields and further drive transformation for clients. Accenture will also extend this initiative to the manufacturing field, aiming to optimize the whole supply chain."


AI Image Recognition Market to Hit $5.32 Billion by 2024

A report from Industry Research finds that the AI image recognition market will grow from $1.41 billion in 2018 to $5.32 billion by 2024 with a compound annual growth rate (CAGR) of 24.7 percent. An excerpt from the report description outlines the growth of AI image recognition in the banking sector:

Images are real and omnipresent, and unlike other forms of data, they cannot be forged easily. These traits make images repositories of big data, and hence, exploiting such data can be a great source of information for financial institutions.
The banking industry has been a major benefactor of AI, with firms in the BFSI industry relying on the technology for a diverse range of applications, like personalizing communication with customers, staying competitive in a continuously evolving market, and improving the productivity drastically through the automation of redundant tasks (which is a major task due to the conventional infrastructure in a number of old school financial institutions).

Banks have tons of unstructured data on interactions with customers, customer photographs, and old documents, to name a few. The data, if deciphered well, can provide valuable inputs for the future of the financial institutions.

Sam Mowers, Investorideas.com

For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member




About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and  sector trends  from Investorideas.com with our news alerts , articles , podcasts and videos  talking about cannabis,  crypto,  technology including  AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change Podcast and  the AI Eye Podcast and column covering developments in AI. 
The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

The AI Eye-  Watching stock news, deal tracker and  advancements in artificial intelligence is an original content brand of Investorideas.com

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