NetworkNewsBreaks – FingerMotion Inc. (NASDAQ: F
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Posted On: 07/25/2022 4:30:09 PM
NetworkNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Leveraging Sapientus Division to Expand into Big Data Services
FingerMotion (NASDAQ: FNGR) is building a deeper channel for revenue in its services for China’s mobile phone users and big data clients. “FingerMotion’s central competencies are in mobile payment and mobile recharge platform solutions, but the company has been expanding into big data services through its Sapientus division. The data services have primarily been marketed as a tool for reinsurance companies as they look for effective measures of risk scoring and ways to simplify policy underwiring purchasing, but FingerMotion has acknowledged it could expand into other industries in the future,” a recent article reads. FingerMotion CEO Martin Shen is quoted saying, “We’ve always thought of the ability of the algorithms that we have. It’s not really just to perfect those algorithms but it’s also to have them exportable and replicated in other jurisdictions, in other markets… But again, that takes time to develop…. Right now, let’s just build and make sure that our foundation is strong first.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
FingerMotion (NASDAQ: FNGR) is building a deeper channel for revenue in its services for China’s mobile phone users and big data clients. “FingerMotion’s central competencies are in mobile payment and mobile recharge platform solutions, but the company has been expanding into big data services through its Sapientus division. The data services have primarily been marketed as a tool for reinsurance companies as they look for effective measures of risk scoring and ways to simplify policy underwiring purchasing, but FingerMotion has acknowledged it could expand into other industries in the future,” a recent article reads. FingerMotion CEO Martin Shen is quoted saying, “We’ve always thought of the ability of the algorithms that we have. It’s not really just to perfect those algorithms but it’s also to have them exportable and replicated in other jurisdictions, in other markets… But again, that takes time to develop…. Right now, let’s just build and make sure that our foundation is strong first.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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