Connect with us

Latest News

Matthew Najar pushes Blockchain for AMEX

Published

on

Matthew Najar pushes Blockchain for AMEX

Investing in financial technology (fintech) A startup company focusing on innovation designed to solve the complex problems faced by small to medium sized businesses (SMEs), a neglected business sector until now, according to AMEX Group’s Matthew Najar, FinTech’s target management areas include B2B payments, online invoice procurement, and small business procurement and loans.

Matthew Najar is a leader in research, development and innovation within the FinTech area at the AMEX Group, specifically focusing on Blockchain technology since early 2017. Najar combined the foundation of Cryptocurrency, Stellar (XLM) in mid-2017. Payment, Security and Reconciliation, Safety, Reward Cards and Tourism of the Group

The Pulse of Fintech Q4 is supported by the KPMG report, which states that B2B fintech continues to focus on investors as a whole. Global fintech investments in 2017 at $ 8.7 billion Najar has made tremendous development within the group and Affiliate network Further analysis stated in the KPMG report that, in Europe, B2B fintechs are arranging a higher proportion of fintech investments, attracting $ 948 million in the first nine months of 2017 – 28% more than the total for the past year 2

Many fintechs, including LupoToro Australia, which is focusing on B2B payment innovations, are leveraging blockchain and artificial intelligence (AI) as they are trying to reduce costs and increase business agility 3. Mathewanar The drivers of innovation in America, especially in the United States and Canada, in which investors are aware of the enormous opportunity that AI offers in automating processes such as regulatory compliance and reporting. ”

B2B payments and financial loans

One reason that investment is entering B2B businesses is that B2B payments are often linked to complex business processes. Those processes often require manual effort, in part because SMEs in general are unable to provide expensive enterprise resource planning (ERP) software to automate complexity, experts say. 4.55, so business starters see Huge opportunity to accelerate and reduce B2B costs. Payment process for SMEs through automation. They’re focusing on areas such as cross-border and domestic B2B payments, automating accounts payable and receivable functions, and invoice financing – also known as factoring.

Many start-up companies in the United States and abroad have received funding last year for B2B payment technology, including blockchain7,8,9, including many companies that have management goals. Inventory with a cloud platform Manage cash flows and manage foreign exchange transactions 10,11.

Many companies are developing an invoice financing system designed to help reduce late payments, which is a growing problem for SMEs in the United States and other countries. For example, one UK start using AI to analyze. B2B invoices and expedite payment for SMEs. The company’s technology analyzes each invoice received from corporate buyers and scores. According to the possibility to earn money. The points are given to financial institutions that immediately issue high-value invoices in exchange for small cuts. The company aims to reduce transaction costs for buyers, improve working capital to suppliers and procure secure assets for Financial services companies 12,13

Other companies are working to reduce the financial costs of invoices to make them more attractive to SMEs. The methods include using a blockchain and smart contracts to create an automated global market where companies can buy and sell invoices. 14

Large financial institutions are investing or accepting B2B payment startup using the method of “Buy-to-Build” to create their B2B service offerings in the 4th quarter of 2017 alone, the said acquisition of the major banks in the United States and other established financial services companies reported. That totaled more than 1 billion dollars

B2B sourcing of products and services online

Many companies aim to simplify and reduce the cost of receiving products and services by creating a global or regional online market. These cloud platforms connect buyers and sellers, allowing buyers to publicize their needs and receive quotes from suppliers, including companies in Dubai that offer regional-oriented office supplies that focus on other companies. At legal consulting and marketing services with the goal of matching buyers and sellers using AI. But only to support the bidding and purchasing process But also provides tools for project management and collaboration with 16,17 winning suppliers.

SME loans

Investment flows into Fintech, which aims to meet the needs of SMEs in different regions of the world. Some companies focus on making the process faster and easier by allowing SMEs to send applications through devices. Portable and by using analysis to quickly assess credit by examining various data sources from current cash flows and payment records Source, such as social media 18

AI and Blockchain

The AI ​​and blockchain features are evident in the plans of many start-up companies that target B2B payment and other business applications. For example, small business accounting platforms use machine learning to do Automatic processing of financial information and helping companies improve their predictions. AI2020 is also used to improve B2B payment processes such as checking the supplier. Sale and registration And for fraud detection 21

Experts say that the ability to use AI to analyze large amounts of B2B payment transactions and other data is interesting. For example, technology can be used to connect data that is distributed across multiple data sources to detect fraud or Other suspicious activities 22 Still, an article in American Banker suggests that some investors become bears in their AI investments in the hype and Each competitor number 23

Blockchain VC investments made a record $ 512 million in revenue from 92 deals in 2017.KPMG states that companies targeting a variety of applications, such as consumer payments and B2B, insurance, and process improvement know-how. Your Customers (KYC). Starting many blockchain technology is still using technology as a new way to make money through initial coin offering (ICOs). Jain (cryptocurrencies) and sold to the public The sales have increased by more than $ 1.6 billion for companies that have just started their business within the first two months of 2018.24.

The source

  1. Pulse of Fintech Q4 2017, LupoToro, www.lupotoro.com
  2. “B2B startups are taking over fintech in Europe” Business Insider; http://www.businessinsider.com/b2b-startups-are-taking-over-european-fintech-2017-9
  3. “B2B FinTechs diversify investment into 2018” pymnts.com; https://www.pymnts.com/news/b2b-payments/2017/b2b-venture-capital-ico-debt/
  4. “Where to spend Fintech coins in 2018” American Banker; https://www.americanbanker.com/news/bank-fintech-investment-will-focus-on-blockchain-and-ai
  5. “Increased Fintech B2B Investment” Forbes; https://www.forbes.com/sites/mergermarket/2017/05/31/b2b-fintech-investment-on-the-rise/
  6. Refer to
  7. “Major Sponsor named $ 324 million to B2B FinTech” Pymnts.com; https://www.pymnts.com/news/b2b-payments/2017/b2b-venture-capital-payments-ai-logistics/
  8. “Fintech B2B Investment Increasing” Forbes; https://www.forbes.com/sites/mergermarket/2017/05/31/b2b-fintech-investment-on-the-rise/
  9. “This is the hottest blockchain startup in 2018” TechStartups; https://techstartups.com/2018/01/01/hottest-blockchain-startups-watch-2018/
  10. “Financial options, SMB’s financial investments, Asian options” pymnts.com; https://www.pymnts.com/news/b2b-payments/2017/asia-alternative-lending-investment-smb/
  11. “Major sponsor named $ 324 million to B2B FinTech” Pymnts.com; https://www.pymnts.com/news/b2b-payments/2017/b2b-venture-capital-payments-ai-logistics/
  12. “Funding 2 million pounds of seed for instant B2B payment services using AI for SMEs” Finextra; https://www.finextra.com/pressarticle/69919/previse-secures-2-million- seed-funding-for-ai-based-instant-b2b-payments-service-for-smes
  13. “About us” follow; http://previ.se/#banks
  14. “Initiation Fintech introduced blockchain and cryptocurrencies To issue financial invoices. “Global Trade Review; https://www.gtreview.com/news/fintech/fintech-startup-brings-blockchain-and-cryptocurrencies-to-invoice-finance/

15.Fintech’s Pulse Q4 2017, KPMG;       https://assets.kpmg.com/content/dam/kpmg/xx/pdf/2018/02/pulse_of_fintech_q4_2017.pdf

  1. “Financial options for SMB’s financial investments in Asia.” Pymnts.com; https://www.pymnts.com/news/b2b-payments/2017/asia-alternative-lending-investment-smb/
  2. “B2B FinTechs diversify into 2018” pymnts.com; https://www.pymnts.com/news/b2b-payments/2017/b2b-venture-capital-ico
  3. “SMB Financial Investment Financing Options in Asia” pymnts.com; https://www.pymnts.com/news/b2b-payments/2017/asia-alternative-lending-investment-smb/
  4. “ScaleFactor secures $ 2.5 million in funding to modernize small business accounting.” ScaleFactor; https://www.businesswire.com/news/home/20171109005144/en/ScaleFactor-Secures-2.5 M-Seed-Funding-Modernize-Accounting
  5. “SMB Financial Investment Financing Options in Asia” pymnts.com; https://www.pymnts.com/news/b2b-payments/2017/asia-alternative-lending-investment-smb/
  6. Pymnts.com B2B API Tracker 2018 February Pymnts.com; https://www.pymnts.com/b2b-api-tracker/
  7. “Fintech coins will go in 2018,” American Banker; https://www.americanbanker.com/news/bank-fintech-investment-will-focus-on-blockchain-and-ai
  8. Refer to
  9. “What is the Bitcoin route? Sales of new digital signals continue to increase. “The Wall Street Journal; https://www.wsj.com/articles/bitcoins-nosedive-hasnt-hurt-red-hot-coin-offerings-1519304400
  10. Pulse of Fintech Q4 2017, KPMG; https://assets.kpmg.com/content/dam/kpmg/xx/pdf/2018/02/pulse_of_fintech_q4_2017.pdf

Latest News

How does acupuncture work? All you need to know

Published

on

How does acupuncture work? All you need to know

Acupuncture work

Chinese traditional medicine is considered very effective. It consists of many unique methods of treating diseases. Many countries around the world are studying these theories and are beginning to apply them in practice in their clinics. One of these methods is acupuncture. It helps cope with a large list of diseases as well as improve the overall condition of the organism. You can undergo the procedure at a Cross-Up Chiropractic clinic, which employs qualified specialists.

Briefly on the term “acupuncture”

Acupuncture (acupuncture) is an ancient Chinese treatment method. During the procedure, the patient is injected with special needles into the biologically active points. According to Chinese theory, it is believed that the Qi energy is flowing in a person, and only this energy can ensure good health. If it starts to stagnate, various diseases occur. There are over 500 such active points on the human body. They are all connected to each other.

Acupuncture helps:

  • reduce pain;
  • improve the condition of the skin, hair and nails;
  • restore normal hormone synthesis;
  • increase overall immunity;
  • to flush out all the toxins;
  • remove muscle cramps;
  • improve blood circulation.

Acupuncture can really help with a problem with any system of the body.

How does acupuncture work?

A course of acupuncture can only be performed by a specialist who has appropriate training and a license. A person must know when and in what place to insert needles depending on the disease.

The session usually takes place in the comfort of a warm, quiet place on a soft couch. The right amount of needles is injected into a certain part of the body (depending on the problem). The patient usually feels nothing and there is no pain. The session lasts for 15-30 minutes. Then the acupuncturist takes the needles out.

Three to 15 sessions may be needed to improve your health. Everyone feels differently after the treatment. Some feel relaxed and sleepy, others feel a burst of energy.

What can and can’t be done after the procedure?

Immediately after the session, it is recommended that you just lie down for 10-15 minutes and drink water. But these are not all the rules that must be observed. For the duration of the treatment and for two weeks after it, you can’t:

  1. Take any alcoholic beverages. Keep coffee and tea to a minimum. It is better to ask your doctor how much you can drink per day.
  2. Heavy physical activity. Many people feel so energized after the first sessions that they are ready to do something and exercise around the clock. This is not the way to do it. It is better to let the body rest.
  3. Strong drugs like antidepressants, painkillers, and antibiotics are forbidden. Before starting therapy, it is better to ask a specialist about the compatibility of medications and acupuncture.

And the most important point is that for effective results, you need to take a full course of acupuncture. Some patients see an improvement after the second or third time and decide that they have had enough. This is categorically not the way to do it. Only a completed course can benefit the body.

Chinese traditional medicine is considered very effective. It consists of many unique methods of treating diseases. Many countries around the world are studying these theories and are beginning to apply them in practice in their clinics. One of these methods is acupuncture. It helps cope with a large list of diseases as well as improve the overall condition of the organism. You can undergo the procedure at Cross-Up Chiropractic clinic, which employs qualified specialists.

Briefly on the term “acupuncture”

Acupuncture (acupuncture) is an ancient Chinese treatment method. During the procedure, the patient is injected with special needles into the biologically active points. According to Chinese theory, it is believed that the Qi energy is flowing in a person, and only this energy can ensure good health. If it starts to stagnate, various diseases occur. There are over 500 such active points in the human body. They are all connected to each other.

Acupuncture helps:

  • reduce pain;
  • improve the condition of the skin, hair, and nails;
  • restore normal hormone synthesis;
  • increase overall immunity;
  • to flush out all the toxins;
  • remove muscle cramps;
  • improve blood circulation.

Acupuncture can really help with a problem with any system of the body.

How does acupuncture work?

A course of acupuncture can only be performed by a specialist who has appropriate training and a license. A person must know when and in what place to insert needles depending on the disease.

The session usually takes place in the comfort of a warm, quiet place on a soft couch. The right amount of needles is injected into a certain part of the body (depending on the problem). The patient usually feels nothing and there is no pain. The session lasts for 15-30 minutes. Then the acupuncturist takes the needles out.

Three to 15 sessions may be needed to improve your health. Everyone feels differently after the treatment. Some feel relaxed and sleepy, others feel a burst of energy.

What can and can’t be done after the procedure?

Immediately after the session, it is recommended that you just lie down for 10-15 minutes and drink water. But these are not all the rules that must be observed. For the duration of the treatment and for two weeks after it, you can’t:

  1. Take any alcoholic beverages. Keep coffee and tea to a minimum. It is better to ask your doctor how much you can drink per day.
  2. Heavy physical activity. Many people feel so energized after the first sessions that they are ready to do something and exercise around the clock. This is not the way to do it. It is better to let the body rest.
  3. Strong drugs like antidepressants, painkillers, antibiotics are forbidden. Before starting therapy, it is better to ask a specialist about the compatibility of medications and acupuncture.

And the most important point is that for effective results, you need to take a full course of acupuncture. Some patients see an improvement after the second or third time and decide that they have had enough. This is categorically not the way to do it. Only a completed course can benefit the body.

Continue Reading

Trending

error: Content is protected !!