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AI Eye Episode 456: Loop Insights Partners with Empower Clinics for "Travel Bubble" Solution, and DigiMax Global Developing AI-Powered Investment Analytics Service

 

Point Roberts, WA and Vancouver, BC - October 19, 2020 (Investorideas.com Newswire) 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.

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AI Eye Episode 456: Loop Insights Partners with Empower Clinics for "Travel Bubble" Solution, and DigiMax Global Developing AI-Powered Investment Analytics Service

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

Stocks discussed: (TSXV:MTRX) (CSE:CBDT) (CSE:DIGI)

Contactless solutions and AI solutions provider Loop Insights Inc. (TSXV:MTRX) has partnered with Empower Clinics Inc. (CSE:CBDT) "to provide an end-to-end COVID-19 mitigation solution complete with venue tracing, real-time automated guest exposure notifications, and frequent testing with rapid results in 15 minutes." The CEO of Loop Insights, Rob Anson, explained:

"We have heard from stakeholders in the entertainment, travel, and hospitality industries that have stressed the importance of an end-to-end integrated solution capable of protecting employees and customers to facilitate a safe economic recovery. In partnership with Empower's rapid testing technology, Loop has established a comprehensive solution capable of establishing a travel bubble and reopening a significant portion of the global economy."

DigiCrypts Blockchain Solutions Inc. (CSE:DIGI) o/a DigiMax Global Solutions, along with its wholly-owned subsidiary DataNavee Corporation, has announced that it "has commenced development of an Investment Analytics service that will allow both Investors and Issuers to gain insight into investment trends." DigiMax CEO Chris Carl, explained:

"The AI driven data analytics sector is experiencing high growth as witnessed by companies such as Palentir, among others, and DataNavee is carving its own niche by offering such services in a SaaS model to small and medium sized companies and high net worth individuals. For investors and issuers, our globalized investment analytics will provide real time relevancy for more insightful decisions with the aim of better outcomes."

LAMEA AI in Asset Management Market to Register CAGR of 48.8% from 2020-2026

A report published by Research and Markets finds that the Latin America, Middle East and Africa (LAMEA) market for AI in Asset Management will register a compound annual growth rate (CAGR) of 48.8 percent in the forecast period 2020-2026. An excerpt from the report's description reads:

The worldwide application of artificial intelligence in the asset management industry has been progressively expanding and will show substantial transformations as there is a fundamental shift from traditional to advanced technology and global finance. The evident rapid progress in technology that is observed from the past few decades has considerably improved the methods by which industry professionals store their data and the way data is processed. The cost of pooling and processing of data from the stock market across verticals has subsequently reduced and has brought new possibilities for effective decision-making mechanisms in the industries. Analytics is transforming the problem-solving patterns of the asset managing industry by revolutionizing the working methods of some of the dimensions, like product recommendations, customer churn, client profiling, sentiment analysis, and marketing and strategy.

Sam Mowers, Investorideas.com

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