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Subject:  Re: Early Learnings and Observations from CES 20 Date:  1/11/2018  1:22 PM
Author:  TMFPencils Number:  7214 of 7242

Hey Fools!

Here are some notes I took on Alipay and what Alibaba is doing in the whole mobile payments category:

-- Alipay has more than 520 million active users.

-- Alibaba has reached agreements with more than 250 financial institutions overseas, including Visa, MasterCard, JBC, Citibank, Standard Chartered Bank, Barclays Bank, Deutsche Bank, and more.

-- Over 10 million brick-and-mortar merchants now accept Alipay as a payment method across China.

-- Alipay’s real-time risk identification takes 100 milliseconds per transaction.

-- During Singles Day 2017 (11/11/2017), the payment processing capacity of Alipay reached 256,000 transactions per second.

-- Alibaba’s Ant Financial company owns ZOLOZ, whose face/eye recognition false accept rate is 1/1,000,000.

-- With such precise facial recognition, Alibaba is testing and rolling out “smile to pay” technology that can be used in stores and in self-serve kiosks for package delivery.

Have you been here yet?

Netflix set up a booth for the fictional Psychasec company from the series. A press release handed out to attendees revealed the booth was fake but it still managed to pique the curiosity of many guests.

I did walk by the booth and heard a bit about it, but didn't actually check it out for myself. Sounds like it's generating buzz as intended, though!

It doesn't look like there's been much in terms of innovation in gaming as compared to last year, and yet are charging more for it. Probably why it wasn't brought up at CES possibly. What do you think?

Interesting thought... hadn't come across a review like that before. Nvidia did touch on gaming in their keynote on Sunday, but AI and transportation were still the hot topics and dominated the presentation. So there could be something to that theory.

David K
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