20 September 2017
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Frankfurt predicts Brexit jobs boost at London's expense
Transaction banking

Frankfurt predicts Brexit jobs boost at London's expense

25 August 2017  |  13762 views  |  1 comments | 10 tweets | 13 linkedin

A recently published report states that, contrary to the fears of Brexit-sceptics, the UK's exit from the European Union will create as many as 80,000 new jobs - the majority of which will be in financial services. The only problem for Brexiteers is that the jobs will be in Frankfurt rather than London.

Ice-cream van goes cone-tactless
Mobile & online

Ice-cream van goes cone-tactless

25 August 2017  |  13039 views  |  3 comments | 12 tweets | 15 linkedin

Barclaycard is aiming to put an end to ice-cream van queue meltdowns through the introduction of a cone-tactless system that lets customers pay with a tap of their card or phone before pouring their own vanilla soft-serve.

Gloves come off as Ripple preps Toronto conference during Sibos
Retail banking

Gloves come off as Ripple preps Toronto conference during Sibos

24 August 2017  |  20343 views  |  4 comments | 20 tweets | 18 linkedin

Ripple is cranking up its assault on Swift by signing up big names Ben Bernanke and Tim Berners-Lee for a conference next month, which will take place at the same time and in the same city, Toronto, as the annual Sibos jamboree.

SEC suspends trading in First Bitcoin Capital
Risk & regulation

SEC suspends trading in First Bitcoin Capital

24 August 2017  |  9797 views  |  0 comments | 8 tweets | 10 linkedin

The Securities and Exchange Commission has suspended trading in the shares of First Bitcoin Capital Corp, in part because of concerns over the "accuracy and adequacy" of public information about the firm's assets and capital structure.

Estonia ponders launch of its own digital currency
Blockchain

Estonia ponders launch of its own digital currency

24 August 2017  |  14167 views  |  0 comments | 17 tweets | 15 linkedin

In yet another demonstration of its reputation as the world's leading digital nation, Estonia is considering the introduction of its own government-backed digital currency.

Australia blames bitcoin for rise in organised crime
Security

Australia blames bitcoin for rise in organised crime

24 August 2017  |  18120 views  |  0 comments | 11 tweets | 23 linkedin

The growth of online banking and digital currencies haver been cited as the main causes of a massive rise in organised crime in Australia's financial sector according to the country's criminal intelligence agency.

Bank of Baroda calls for calm after big IT glitch
Security

Bank of Baroda calls for calm after big IT glitch

24 August 2017  |  11276 views  |  1 comments

Customers of India's fourth largest state-owned bank, the Bank of Baroda (BoB), have been asked not to panic after a technical glitch caused thousands of accounts to be wrongly debited.

Researchers bring atomic clock timestamp precision to stock trading over distributed ledgers

In a move that could aid MiFID II compliance, the Toronto Stock Exchange (TMX) and the UK's National Physical Laboratory have carried out an experiment which saw atomic clocks used to timestamp trades which were then recorded directly on a distributed ledger.

Commonwealth Bank takes quantum leap
Retail banking

Commonwealth Bank takes quantum leap

23 August 2017  |  6758 views  |  0 comments | 6 tweets | 12 linkedin

Commonwealth Bank of Australia has joined Telstra, the Federal Government, the New South Wales Government and the University of New South Wales (UNSW) in an $83 million venture to found Australia’s first quantum computing company.

Bank of America applies AI to streamline client payment processing
Start ups

Bank of America applies AI to streamline client payment processing

23 August 2017  |  17478 views  |  1 comments | 19 tweets | 27 linkedin

Bank of America has worked with fintech startup High Radius to apply artificial intelligence to corporate processing of accounts receivables.

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