Tags Finance

Tag: Finance

“Cryptocurrency systems can’t scale or be trusted” – central banking organisation

UPDATED The more popular cryptocurrencies become, the less trustworthy and efficient they are, according to a key central banking organisation. Cryptocurrencies are “not scalable and...

Banking: Is blockchain GDPR compliant – yes or no?

A blockchain provider contradicted itself when asked by Internet of Business about its banking solution's GDPR compliance. The company's response reinforces the complexity of...

80 percent of organisations set to invest in AI, claims report

Fifty-five percent of enterprises are set to make major investments in artificial intelligence (AI) by 2020, according to a new report.  A further 25 percent...

Ben & Jerry’s scoops blockchain carbon trading pilot

What’s being billed as the “world’s first retail platform that connects consumers to their own carbon footprints” has been launched in a pilot programme...

Mobile banking to overtake online by 2019

NEWSBYTE: UK consumers are increasingly turning to mobile banking, ahead of banking online via their computers, according to a report by industry analyst CACI. The...

Retail IoT: PayPal acquires iZettle for $2.2 billion

PayPal has announced that it is to acquire European fintech player, iZettle, for $2.2 billion, in a move that will draw the online payments...

Crypto investment bank opens in Hong Kong

Crypto investment bank and asset management company Clipper Coin Capital (CCC) has launched in Hong Kong this week. Its digital token CCCX is now...

Banking on blockchain: Poland moves 140m credit records onto Billon

Poland has become the first country to move banking records en masse onto blockchain. Biuro Informacji Kredytowej (BIK), the largest credit bureau in Central and...

Connected car firm secures £1 million from Innovate UK

Connected car start-up Lightfoot has secured a £1 million loan from Innovate UK to bring its driving rewards platform to market later this year....

Walmart $16bn Flipkart deal: SoftBank uncertain, Google circling

US retail giant Walmart confirmed this week that it is taking a majority stake in Flipkart, India’s leading ecommerce brand. As announced, the deal...

Facebook sets up blockchain/crypto exploration team

Facebook has set up a small, high-powered team to explore the potential of blockchain technology, recode reports. Given the many potential uses of decentralised, cryptographic ledgers,...

Microsoft: AI, IoT, edge, push latest revenues – Nadella speaks

Microsoft has reported strong Q3 results that beat analyst expectations, with revenues of $26.8 billion, up 16 percent year on year, or 13 percent...
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