Not three months after the triumphant announcement of House of Fraser’s £29 million investment in UK banking startup Tandem, the wheels have fallen off. House of Fraser’s Chinese parent…
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20,000 people attended IBM’s Interconnect convention in Las Vegas this week, where CEO Ginny Rometty outlined the company’s bold strategy. Cloud, AI and Blockchain are the focus of the infotech…
On Friday, the State Bank of Vietnam announced the formation of a fintech working group and steering committee. The new committee, headed by the State Bank’s Deputy Governor Dr…
The US Securities and Exchange Commission has agreed a minor modernisation, this week announcing a change to the rule requiring a three-day settlement for securities transactions. While endorsing the…
Australia’s trade minister has signed an agreement with the Commonwealth Bank of Australia (Commbank) to ease access to UK fintech markets and investment. As part of the deal, the US$47…
An affidavit filed in San Francisco last week shows that only 802 US citizens declared any bitcoin incomes in 2015, despite the fact that US citizens are generally required…
In its Federal Budget announcement this week, Finance Minister Bill Morneau has announced a $94 million fund to develop a Canadian AI Strategy. The strategy aims to attract and retain…
Artificial Intelligence guru Andrew Ng, founder of the Google Brain project and Adjunct Professor of Computer Science at Stanford, has left US$57 billion search engine Baidu amid mystery as to…
Online accounting software firm Xero has promised a “full post mortem” after an Amazon Web Services took out its entire, global operation for four hours recently. Several websites and services…
Toronto based banking technology systems supplier D+H Has been bought by Texas firm Vista Equity Partners for US$3.6 billion. Vista, which owns rival firm Misys has announced the two will…