Al in Finance Summit will take place 05-06 of September in New York

World-class speakers at RE•WORK’s AI in Finance Summit in New York will share insights on cutting-edge technical advancements and real-life applications of AI including financial forecasting, fraud detection & stock market prediction. The summit will explore the most recent impacts of AI in financial sectors including retail banking, hedge funds, insurance and international economic development.…

Overstock’s Medici Acquires Stake in Blockchain Banking Startup

Overstock’s Medici Acquires Stake in Blockchain Banking Startup

Medici Ventures, the blockchain investment arm of Overstock, has acquired a 5.1 percent equity stake in blockchain banking startup Bankorus. Announcing the news on Monday, Overstock said Bankorus’ blockchain platform allows individuals and institutions to “securely” buy, sell, store and lend digital assets. “The addition of Bankorus to Medici Ventures’ portfolio of companies will further…