Search Results for: internet
Will bitcoin provide banks with their ‘Kodak Moment’?
March 16th, 2016
The world’s banks are facing a ‘Kodak Moment’ if they continue to dismiss the virtual currency bitcoin as just the opening act for more revolutionary blockchain-based innovation, says Max Tannahill, a business change and implementation manager at ANZ It ...
Deutsche Bank and Bank of China implement interbank host-to-host platform for Bosch China
March 16th, 2016
Deutsche Bank and Bank of China today announced the implementation of an interbank host-to-host platform between the two banks to provide cash management services to Bosch China. With this solution, Deutsche Bank has become the first foreign bank in ...
Deutsche Börse AG and London Stock Exchange Group plc agree to industry-defining merger
March 16th, 2016
Highly complementary combination across divisions and asset classes which accelerates LSEG and DBAG’s respective growth strategies and results in a significantly enhanced product offering for customers. Through its enhanced position in the global market infrastructure sector, well placed to ...
Russian court rejects Google’s anti-monopoly appeal
March 15th, 2016
The Moscow Arbitration Court has dismissed an appeal by Google against a decision by Russia’s competition watchdog that the US company broke anti-monopoly laws. The court upheld the ruling of Russia’s Federal Antimonopoly Service (FAS) that Google abused its ...
Financial services group based in Japan will Join Blockchain Consortium R3
March 15th, 2016
SBI Holdings, Inc. (Head Office: Minato-ku, Tokyo; Representative Director and CEO: Yoshitaka Kitao; “SBIH”) hereby announces that it will join blockchain consortium R3 led by R3 CEV LLC (Head Office: New York City, New York State, U.S.; CEO: David ...
China’s regulator vows to get tough on online brokers
March 15th, 2016
China’s top banking regulator has vowed to crack down on illegal fundraising activities by unscrupulous online brokers and warned investors to be wary of their schemes. Shang Fulin, chairman of the China Banking Regulatory Commission, said at a news ...
Equinix Leverages OCP Technology from Facebook to Develop Open Source Ecosystem Inside Equinix Data Centers
March 10th, 2016
Building upon Open Compute Project contributions, open source-based ecosystem will enable enterprises to create next-generation IoT and hybrid cloud platforms Equinix, Inc., the global interconnection and data center company, today announced that it has incorporated technology designed by Facebook and ...
China And Fracking: The Pillars Of “The Recovery” Are Crumbling
March 10th, 2016
When historians sort out this era of once-a-decade financial bubbles, they’ll marvel at how dissimilar the drivers of each boom were. The junk bonds of the 1980s were essentially leveraged tools for extracting wealth from companies. The dot-coms of ...
Online abuse and cyber crime bill introduced by MP
March 9th, 2016
A bill to tackle online abuse and cyber crime is being introduced by Plaid Cymru MP Liz Saville Roberts. It aims to make it an offence to post content that is discriminatory, threatening and causes distress. Internet service providers ...
ANZ pays $212,500 penalty for breaching responsible lending laws when offering overdrafts
March 8th, 2016
Australia and New Zealand Banking Group (ANZ) has paid penalties totalling $212,500 for breaching responsible lending laws in making offers of overdraft facilities to its customers. ANZ offers an overdraft facility known as ‘ANZ Assured’ to existing customers in ...
