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UK law firm to launch an AI robot to replace underperforming law firm partners
April 3rd, 2017
UK law firm Aaron & Partners LLP today announces the launch of AaronBot – an innovative artificial intelligence (AI) robot designed to replace underperforming law firm partners. Following on from the success of its ‘Expel Your Partner’ app – ...
Several cryptocurrencies have experienced a significant surge in overall value
April 3rd, 2017
Ripple Price Surge Continues, Altcoin Takes Advantage Of Bitcoin Scaling Troubles While the debate continues within the Bitcoin community, several altcoins have experienced a significant surge in overall value. Cryptocurrencies such as Dash and Ethereum have conquered new levels ...
Financial fraud losses in UK totalled £768.8 million in 2016
April 1st, 2017
Financial fraud losses across payment cards, remote banking and cheques totalled £768.8 million in 2016, an increase of 2 per cent on the previous year, figures from Financial Fraud Action UK show. The new data shows banks and card ...
Commodities broker Marex Spectron announced record profits
March 31st, 2017
Marex Spectron, the global commodities broker, today announced record profits before tax of $27.0 million for the year through to 31 December 2016, a 53% increase on the $17.6 million reported in 2015, and maintains the firm’s positive earnings ...
Singapore and Malaysian Law Firms launch Fintech practice
March 30th, 2017
The surge of financial technology into the mainstream in both Singapore and across the border in Malaysia has encouraged two prominent regional law firms to establish dedicated fintech practices. Allen & Gledhill and Rahmat Lim & Partners have jointly ...
EY launches a global network of growth and innovation centers
March 29th, 2017
EY launches EY wavespace™, a global network of growth and innovation centers to help clients achieve radical breakthroughs Collaborative approach with technologists, business strategists and designers Enables clients to address industry-specific and cross-sector opportunities Strategic alliances leaders provide sophisticated ...
Nordea to introduce a virtual colleague; robots in the banking industry
March 29th, 2017
There’s a lot of information around right now about how robots and AI are gaining traction in several industries, including our own. In the past year or so, the noise about this new technology has grown as exponentially as ...
Alert: High Bitcoin prices inspire a wave of scams
March 24th, 2017
Earlier this month, the price of a single Bitcoin eclipsed the price of an ounce of gold for the first time ever. This news, coupled with the exploding adoption of its underlying technology – blockchain – beyond the financial world, ...
Amazon Just Won a $1.5 Billion Tax Fight
March 24th, 2017
Amazon.com on Thursday won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago. Judge Albert Lauber of the U.S. Tax Court rejected a variety of ...
The Russian “Laundromat” exposed; how the complex money laundering scheme worked
March 23rd, 2017
Three years after the “Laundromat” was exposed as a criminal financial vehicle to move vast sums of money out of Russia, journalists now know how the complex scheme worked – including who ended up with the $20.8 billion and ...
