The Americas Blockchain Summit (ABS 2019) with the theme “How Blockchain is Transforming Businesses” will be held in Panama, Rep. of Panama, 7 & 8 November, 2019 at the Wyndham Hotel. The ABS 2019 is an unprecedented event in Panama that connects global experts in the use of blockchain, technology developers, emerging startups, leaders in […]
For financial institutions (FIs) leveraging the cloud, the earliest adoption was often the high-performance computing grid to support complex modelling. Gone were the days when limited capacity of on-premises grids meant that quants or actuaries had to wait for the compute resources they needed to run their models: across workloads, the cloud allows FIs to […]
On day two of the World Conference of Banking Institutes, executive director – business development of the Abu Dhabi Global Market Steve Barnett opened sessions with a focus on sustainability in emerging markets and explored how education is a core pillar when ensuring commitment to environmental, social, and governance (ESG) initiatives. While the financial services […]
London-based GoCardless is opening for business in the US, on a mission to shake up recurring payments in the world’s biggest market. With an office in San Francisco, GoCardless has hooked up to the Automated Clearing House Clearing network, enabling merchants to pull payments directly from their customers’ bank accounts, at a lower cost than […]
Gold edged slightly higher on Monday after the United States and China imposed new tariffs on each others’ goods but a firmer dollar limited the precious metal’s upside. Washington began imposing 15% tariffs on a variety of Chinese goods on Sunday, including footwear, smartwatches, and flat-panel televisions, as Beijing began imposing new duties on U.S. crude. However, U.S. President […]
The ugly Christmas sweaters you’re eyeing might still see a tariff price hike before the holiday season, according to an industry group. In an attempt to save Christmas, President Donald Trump announced earlier this month that tariffs on some Chinese goods will be delayed until Dec. 15. Retail and department store stocks including American Eagle, Abercrombie and Macy’s all jumped […]
The years-long battle between Amazon and retail companies has spilled over into the shipping industry, with FedEx and UPS adjusting their strategies as the tech giant, once simply a customer, is now a major competitor. FedEx has announced two changes to its relationship to Amazon in recent months, including ending the ground delivery contract with the e-commerce pioneer. Meanwhile, UPS is exploring […]
Didi Chuxing, China’s version of Uber, announced plans to launch a robotaxi service in Shanghai where users will be able to hail driverless cars from the app. The ride-hailing company will deploy 30 different models of so-called level four autonomous vehicles in the Jiading district of Shanghai. Level four self-driving cars have a high degree […]
Singapore in all probability will have new digital banks by mid-2020. The country’s banking regulator, the Monetary Authority of Singapore is expected to award licenses to such banks by early next year and the entities soon. MAS said it expects to complete the procedure of accepting applications by the year-end and assessment with a brief […]
Visa has unveiled a suite of new security services and capabilities to detect and disrupt fraud threats targeting banks and merchants. Among the free tools are Visa Vital Signs, which actively monitors transactions and alerts financial institutions of potential fraudulent activity at ATMs and merchants that may indicate cashout attacks. Another new feature applies deep […]
Online bank Starling is today cutting the ribbon on its new office in UK town Southampton as it looks to bolster its operational resources. The office will employ 150 people, comprising 50 software engineers and 100 customer service staff, the majority of which will be new hires. Like other challenger banks, such as Revolut which […]
Britain’s vote to exit the European Union in 2016, divided the country and put a strain on the England, Wales, Scotland and Northern Ireland. Majority of England Wales chose to exit the EU whereas Scotland and Northern Ireland voted to remain in the referendum. This further lead Scotland’s Nationalist government to demand independence arguing that […]
A Future Run by Intelligent Machines Imagine waking up on a beautiful Monday morning with a busy day at the office ahead of you, yet feeling surprisingly calm. Breakfast needs to be prepared for the kids and for yourself, and there is no maid to help. You are still not worried. You feel a bit […]
With the never-ending population of the country, cities are on a rise and thus the way we manage the growth of our buildings is critical to the global economic and social development. Tall buildings throw a challenge to the environment but are they really a solution? With the urbanization touching heights, the construction of high-rise […]
The basic thing our science teachers taught us when we were kids back in school was about renewable and non-renewable sources of energy. And you obviously must have guessed by now that solar energy is a renewable source of energy as it uses the energy of the sun whereas the fossil fuels are non-renewable. The […]
