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Bitcoin Daily: Samsung SDS Tests Blockchain Health Claims; Bermuda To Accept Digital Currencies; CIMB Singapore Does Blockchain Trade Financing

PYMNTS

Samsung SDS will reportedly launch a blockchain-based medical claims processing system this month. dollar-backed digital currencies for the payment of government taxes, fees and services. Technology is the future. In other news, Bermuda will now accept one-to-one U.S.

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iPhone 7 Sells Out Preorders – Investors Rejoice

PYMNTS

Apple has its iPhone 7 and iPhone 7 Plus launch to thank for a run-up in shares of the technology giant. It doesn’t hurt that Samsung Electronics’ problems with the Galaxy Note 7, which is being recalled because the battery can catch on fire, has resulted in more demand for Apple products. billion) in unpaid taxes from Apple.

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Investors Pick AI, Treasury As Top Funding Targets This Week

PYMNTS

VC firms’ largest show of support was for artificial intelligence (AI), and there was a substantial growth equity round for a veteran treasury technology firm. China’s DeePhi Tech secured an impressive $40 million from Ant Financial and Samsung Group this week in a clear show of support for the startup’s AI offering.

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Tech Giants’ Hill Testimony Reveals CEO Views On Competition — And Innovation

PYMNTS

But in his prepared remarks , with an eye on innovation, he pointed to innovation fostered by his firm in part through open-source projects such as PyTorch open-source project, “which has become one of the most successful AI development tools and is now used worldwide to create new AI technology and applications.”.

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Sizzle Or Fizzle: Bitcoin Busts, Payments Get Faster And The Eyes Have It

PYMNTS

Visa also announced that it had extended the real-time, ubiquitous capability to other disbursement types as well including insurance claims, contractor payments, tax refunds and even merchant account real-time funds settlement. Samsung unveiled its new Galaxy Note 7 this week to rave reviews. Iris Scanning. Dynamic Pricing Algorithms.

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insightsoftware Acquires Longview Solutions

PYMNTS

Enterprise resource planning (ERP) and enterprise performance management (EPM) company insightsoftware has announced its acquisition of financial planning and tax software provider Longview, according to a Thursday (Feb. We can now offer our clients more of the financial and tax solutions they need, all from a single provider.”.

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FinDEVr APIntelligence

Fintech Labs Insights

Are you building new financial technology? Thomson Reuters and Samsung to collaborate on mobile security, intelligent IT for the enterprise. Avalara announces Sales Tax Accuracy Guarantee. Banking Technology features multiple FinDEVr alums Readers Choice Awards. Stay tuned for details.