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-0.0158478605388272 -0.0158478605388272 0.00871632329635509 -0.00950871632329629 -0.0126782884310617 -0.0618066561014263 -0.0491283676703644 -0.035594294770206
Stock impact report

China Internet Nationwide Financial Services Inc. Develops an E-Commerce Big Data System for InterPark Chifeng BizMarket

CHINA INTERNET NATIONWIDE FINANCIAL SERVICES INC (CIFS) 
Company Research Source: PR Newswire
BEIJING, Oct. 5, 2018 /PRNewswire/ -- China Internet Nationwide Financial Services Inc. (NASDAQ: CIFS) ("CIFS" or the "Company"), a financial advisory service provider and financial technology company today announced that its wholly-owned subsidiary, Beijing Anytrust Science & Technology Co., Ltd ("Anytrust") has developed an e-commerce big data system for InterPark Chifeng BizMarket (CF BizMarket), a subsidiary of InterPark Holdings Corporation. The agreement, which was signed earlier this year, is valued at approximately $1 million.Per the terms of the agreement, CIFS Anytrust has developed an e-commerce and e-payment system and a warehouse management platform using big data and A.I. technology to assist CF BizMarket in conducting cross-border financial and business transactions, obtaining comprehensive information about buyers/suppliers, performing enterprise credit risk control, etc.  As previously announced, AnyInfo's Enterprise Edition gathers, analyzes, categorizes a massi Show less Read more
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