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Fintech

QuantGate Systems Inc. Expands Its Global Broker Network

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Toronto, Ontario–(Newsfile Corp. – September 8, 2020) – QuantGate Systems Inc. (OTC Pink: QGSI) expands its global broker network by signing a private label distribution agreement of its AI driven application, Pilot, with 8topuz Wealth Fintech, a leading AI trading and wealth management software provider.

As the demand for cutting-edge AI-powered trading automation platforms continues to rise, QuantGate continues to be recognized by global brokers as a key differentiator. 8topuz’s decision to select QuantGate as a technology partner accelerates the democratization of what was in the past only available to the most astute traders and institutional investors.

Pilot enables investors to conveniently trade with cutting-edge artificial intelligence and gain significant performance benefits. The application enables users to easily and securely login with their existing brokerage account and trade directly in-app via a rich, AI powered experience.

“We are extremely excited about our (distribution partnership) and new collaboration with 8topuz and how it enhances the growth trajectory of our business,” said Ilan Yosef, COO of QuantGate. “8topuz is an ideal partner with retail investor reach in MENA, Middle East and Africa regions. 8topuz’s business model offers scalability and distribution through select partners and is expanding worldwide. Our agreement covers worldwide distribution to a vast target audience customized for FX and the active retail trader markets. Pilot’s mission is to make trading easier for everyone, and we are excited for this opportunity to continue delivering on that promise at a global scale.”

Consumers rely on performance driven tools and services to assist in the investment decision making process. Too often, connecting the dots is complicated, time consuming and results in traders making ineffective decisions that end in capital loss. With Pilot, traders no longer need to be concerned about technical setup or analysis. Pilot addresses the complexity of trading, by providing traders with the information they need (when to buy and when to sell), when they need it, so that they can trade confidently and with ease.

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“We are delighted to enter into this agreement with QuantGate. Pilot is a performance driven AI platform that suits our target audience perfectly. We work with brokers and their clients and Pilot is our choice for seamless integration and trader performance benefits. Over the years 8topuz has developed effective new tools by focusing on how FX trading and AI can be combined to simplify trader experience.”

“Retail traders should have the same benefits as their institutional counter-parts, and we are in alignment to offering a premium user experience tailored for active trader performance in the FX markets,” said Abdoulkader ABDI Co-founder & Executive Director of 8topuz.

This agreement, effective immediately, presents both an entry into new distribution channels, partnerships and enhancements to Pilot’s offering. 8topuz is an established fintech company with over 83 online brokers in its current distribution network. The agreement covers an initial 6-month target of 10,000 subscribers in the mentioned regions. The combination of Pilot’s technology and 8topuz’s solution will enhance the user experience, onboarding and customer experience across the regions.

About QuantGate Systems Inc.

QuantGate Systems Inc. (OTC Pink: QGSI) (www.quantgatesystems.com) is a diversified fintech company that is engaged in the business of researching, developing and deploying proprietary artificial intelligence trading platforms. The company’s unique approach, developed over 20 years of modeling and testing, utilizes radically innovative psychology-based models to quantify market participant sentiment and trader perception through real time analysis of market participant activities.

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Since 2019, the Company has set on a new course with a clear objective to expand its suite of disruptive solutions through active development to retail and institutional trading channels.

About 8topuz Wealth Fintech:

8topuz Wealth Fintech, is a European based artificial intelligence and machine learning software provider currently expanding operations to the MENA region in partnership with the Private Office of Sheikh Saeed bin Ahmed Al Maktoum in the UAE.

8topuz is an award-winning automated A.I software for trading in the currency markets.

The system analyses and recognizes patters of accumulated historic data over a multitude of data points to better forecast and react to future outcomes and adapt according to its environment.

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Employing an effective combination of human knowledge, discretionary trading, artificial intelligence and oversight, our systems helps members cut risks, increase profits and simply investment decisions.

Forward-Looking Statements

Except for historical information contained herein, the matters set forth above may include forward-looking statements that involve certain risks and uncertainties. Words such as “may”, “could”, “anticipate”, “believe”, “estimate”, “expect”, “intend”, “plan”, and similar expressions are used to identify forward-looking statements. These forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements.

QuantGate does not undertake any obligation to update any forward-looking statements and cautions investors to consider all other risks and uncertainties, including those disclosed in QuantGate filings with the United States Securities and Exchange Commission.

Media Contacts

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QuantGate Systems:

Ronnie Shporer
[email protected]

8topuz:

Anthony Munns
[email protected]

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Fintech

How to identify authenticity in crypto influencer channels

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Modern brands stake on influencer marketing, with 76% of users making a purchase after seeing a product on social media.The cryptocurrency industry is no exception to this trend. However, promoting crypto products through influencer marketing can be particularly challenging. Crypto influencers pose a significant risk to a brand’s reputation and ROI due to rampant scams. Approximately 80% of channels provide fake statistics, including followers counts and engagement metrics. Additionally, this niche is characterized by high CPMs, which can increase the risk of financial loss for brands.

In this article Nadia Bubennnikova, Head of agency Famesters, will explore the most important things to look for in crypto channels to find the perfect match for influencer marketing collaborations.

 

  1. Comments 

There are several levels related to this point.

 

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LEVEL 1

Analyze approximately 10 of the channel’s latest videos, looking through the comments to ensure they are not purchased from dubious sources. For example, such comments as “Yes sir, great video!”; “Thanks!”; “Love you man!”; “Quality content”, and others most certainly are bot-generated and should be avoided.

Just to compare: 

LEVEL 2

Don’t rush to conclude that you’ve discovered the perfect crypto channel just because you’ve come across some logical comments that align with the video’s topic. This may seem controversial, but it’s important to dive deeper. When you encounter a channel with logical comments, ensure that they are unique and not duplicated under the description box. Some creators are smarter than just buying comments from the first link that Google shows you when you search “buy YouTube comments”. They generate topics, provide multiple examples, or upload lists of examples, all produced by AI. You can either manually review the comments or use a script to parse all the YouTube comments into an Excel file. Then, add a formula to highlight any duplicates.

LEVEL 3

It is also a must to check the names of the profiles that leave the comments: most of the bot-generated comments are easy to track: they will all have the usernames made of random symbols and numbers, random first and last name combinations, “Habibi”, etc. No profile pictures on all comments is also a red flag.

 

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LEVEL 4

Another important factor to consider when assessing comment authenticity is the posting date. If all the comments were posted on the same day, it’s likely that the traffic was purchased.

 

2. Average views number per video

This is indeed one of the key metrics to consider when selecting an influencer for collaboration, regardless of the product type. What specific factors should we focus on?

First & foremost: the views dynamics on the channel. The most desirable type of YouTube channel in terms of views is one that maintains stable viewership across all of its videos. This stability serves as proof of an active and loyal audience genuinely interested in the creator’s content, unlike channels where views vary significantly from one video to another.

Many unauthentic crypto channels not only buy YouTube comments but also invest in increasing video views to create the impression of stability. So, what exactly should we look at in terms of views? Firstly, calculate the average number of views based on the ten latest videos. Then, compare this figure to the views of the most recent videos posted within the past week. If you notice that these new videos have nearly the same number of views as those posted a month or two ago, it’s a clear red flag. Typically, a YouTube channel experiences lower views on new videos, with the number increasing organically each day as the audience engages with the content. If you see a video posted just three days ago already garnering 30k views, matching the total views of older videos, it’s a sign of fraudulent traffic purchased to create the illusion of view stability.

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3. Influencer’s channel statistics

The primary statistics of interest are region and demographic split, and sometimes the device types of the viewers.

LEVEL 1

When reviewing the shared statistics, the first step is to request a video screencast instead of a simple screenshot. This is because it takes more time to organically edit a video than a screenshot, making it harder to manipulate the statistics. If the creator refuses, step two (if only screenshots are provided) is to download them and check the file’s properties on your computer. Look for details such as whether it was created with Adobe Photoshop or the color profile, typically Adobe RGB, to determine if the screenshot has been edited.

LEVEL 2

After confirming the authenticity of the stats screenshot, it’s crucial to analyze the data. For instance, if you’re examining a channel conducted in Spanish with all videos filmed in the same language, it would raise concerns to find a significant audience from countries like India or Turkey. This discrepancy, where the audience doesn’t align with regions known for speaking the language, is a red flag.

If we’re considering an English-language crypto channel, it typically suggests an international audience, as English’s global use for quality educational content on niche topics like crypto. However, certain considerations apply. For instance, if an English-speaking channel shows a significant percentage of Polish viewers (15% to 30%) without any mention of the Polish language, it could indicate fake followers and views. However, if the channel’s creator is Polish, occasionally posts videos in Polish alongside English, and receives Polish comments, it’s important not to rush to conclusions.

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Example of statistics

 

Wrapping up

These are the main factors to consider when selecting an influencer to promote your crypto product. Once you’ve launched the campaign, there are also some markers to show which creators did bring the authentic traffic and which used some tools to create the illusion of an active and engaged audience. While this may seem obvious, it’s still worth mentioning. After the video is posted, allow 5-7 days for it to accumulate a basic number of views, then check performance metrics such as views, clicks, click-through rate (CTR), signups, and conversion rate (CR) from clicks to signups.

If you overlooked some red flags when selecting crypto channels for your launch, you might find the following outcomes: channels with high views numbers and high CTRs, demonstrating the real interest of the audience, yet with remarkably low conversion rates. In the worst-case scenario, you might witness thousands of clicks resulting in zero to just a few signups. While this might suggest technical issues in other industries, in crypto campaigns it indicates that the creator engaged in the campaign not only bought fake views and comments but also link clicks. And this happens more often than you may realize.

Summing up, choosing the right crypto creator to promote your product is indeed a tricky job that requires a lot of resources to be put into the search process. 

Author Nadia Bubennikova, Head of agency  at Famesters

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Nadia Bubennikova, Head of agency at Famesters

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Fintech

Central banks and the FinTech sector unite to change global payments space

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The BIS, along with seven leading central banks and a cohort of private financial firms, has embarked on an ambitious venture known as Project Agorá.

Named after the Greek word for “marketplace,” this initiative stands at the forefront of exploring the potential of tokenisation to significantly enhance the operational efficiency of the monetary system worldwide.

Central to this pioneering project are the Bank of France (on behalf of the Eurosystem), the Bank of Japan, the Bank of Korea, the Bank of Mexico, the Swiss National Bank, the Bank of England, and the Federal Reserve Bank of New York. These institutions have joined forces under the banner of Project Agorá, in partnership with an extensive assembly of private financial entities convened by the Institute of International Finance (IIF).

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At the heart of Project Agorá is the pursuit of integrating tokenised commercial bank deposits with tokenised wholesale central bank money within a unified, public-private programmable financial platform. By harnessing the advanced capabilities of smart contracts and programmability, the project aspires to unlock new transactional possibilities that were previously infeasible or impractical, thereby fostering novel opportunities that could benefit businesses and consumers alike.

The collaborative effort seeks to address and surmount a variety of structural inefficiencies that currently plague cross-border payments. These challenges include disparate legal, regulatory, and technical standards; varying operating hours and time zones; and the heightened complexity associated with conducting financial integrity checks (such as anti-money laundering and customer verification procedures), which are often redundantly executed across multiple stages of a single transaction due to the involvement of several intermediaries.

As a beacon of experimental and exploratory projects, the BIS Innovation Hub is committed to delivering public goods to the global central banking community through initiatives like Project Agorá. In line with this mission, the BIS will soon issue a call for expressions of interest from private financial institutions eager to contribute to this ground-breaking project. The IIF will facilitate the involvement of private sector participants, extending an invitation to regulated financial institutions representing each of the seven aforementioned currencies to partake in this transformative endeavour.

Source: fintech.globa

The post Central banks and the FinTech sector unite to change global payments space appeared first on HIPTHER Alerts.

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Fintech

TD Bank inks multi-year strategic partnership with Google Cloud

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TD Bank has inked a multi-year deal with Google Cloud as it looks to streamline the development and deployment of new products and services.

The deal will see the Canadian banking group integrate the vendor’s cloud services into a wider portion of its technology solutions portfolio, a move which TD expects will enable it “to respond quickly to changing customer expectations by rolling out new features, updates, or entirely new financial products at an accelerated pace”.

This marks an expansion of the already established relationship between TD Bank and Google Cloud after the group previously adopted the vendor’s Google Kubernetes Engine (GKE) for TD Securities Automated Trading (TDSAT), the Chicago-based subsidiary of its investment banking unit, TD Securities.

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TDSAT uses GKE for process automation and quantitative modelling across fixed income markets, resulting in the development of a “data-driven research platform” capable of processing large research workloads in trading.

Dan Bosman, SVP and CIO of TD Securities, claims the infrastructure has so far supported TDSAT with “compute-intensive quantitative analysis” while expanding the subsidiary’s “trading volumes and portfolio size”.

TD’s new partnership with Google Cloud will see the group attempt to replicate the same level of success across its entire portfolio.

Source: fintechfutures.com

The post TD Bank inks multi-year strategic partnership with Google Cloud appeared first on HIPTHER Alerts.

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