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NEC Develops Fintech Arm As Japan Seeks to Bolster Asset Income

NEC, a Japanese electronics company, acquired a majority stake in fintech firm Japan Asset Management as it looks to develop its financial advisory arm. So reports Nikkei Asia.

NEC will first begin development of the service in support of its own staff. The service, which is being developed with an integrated artificial intelligence component, will be targeted to the company’s 20,000 employees before being sold for use to other firms.

Read the full article from Nikkei Asia.

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