With the application of artificial intelligence, machine learning and robotics - the antiquated process of trade finance is finally being transformed.
hype7 (239530) writes 'The Harvard Business Review is running a fascinating article on how finance is increasingly abstracting itself — and the gains it makes — away from the creation of value in the real world, and how High Frequency Trading is the most extreme version of this phenomenon yet.
Wall Street doesn’t like what it sees. Facebook’s stock price (NASDAQ:FB) is dropping in after hour trading after the company announced its purchase of virtual reality start-up, Oculus Rift. The stock which closed up on the day is now under its open price of 64.25, resulting in a loss of 1.
What Stripe did for easy payments, Robinhood is doing for free stock trading. This week the brokerage startup launched its platform so developers can bake its zero-commission stock trading into their products. Stop for a second and think about how big a deal this is. Before now,
Robinhood steals stock trading from rich guys in suits and gives it to normal people who couldn’t afford to pay $7 per transaction. The zero-fee stock trading app is bonafide hit. Less than a year after launch it has hundreds of thousands of users, over $1 billion in transactions,
Gordon Gekko is but a distant blip in the rear-view mirror for this generation’s best and brightest. In lieu of Wall Street, today’s top graduates are flocking to Silicon Valley and other top technology hubs in droves,
Intel reported its fourth-quarter financial performance today, including revenue of $14.72 billion and profit per share of $0.74. Both figures beat expectations: The street had expected $14.70 billion in revenue and $0.66 in profit.But neither the company’s narrow profit beat,
With all eyes on what Yahoo will do with its $5 billion+ in Alibaba cash, Yahoo today reported its Q3 earnings after the close of trading, with sales of $1.09 billion excluding traffic acquisition costs and non-GAAP earnings per share of $0.52. Revenues including acquisition costs were $1.
In its most recent financial period, Adobe picked up 517,000 net new subscribers to its Creative Cloud product, helping the company generate $1.11 billion in revenue, and adjusted profit of $0.44 per share. Using normal accounting methods (GAAP), Adobe ended the period with a slimmer $0.
It’s the new refrain I hear from investors and even entrepreneurs these days. I hear it right after people decide to come by for a few days to “check out what all the fuss is about.” I hear it when I visit LPs (the people who invest in VCs) all across the country, “Yeah,
With one eye on businesses abandoned in the wake of the financial crisis and the other on a new generation of investors, startup companies are now raising significant sums to challenge the hegemony of big banks and investment firms. Read More
Howard Williams, marketing director at Parker Software, explores how recent artificial intelligence mishaps show that AI still isn’t ready to take our jobs just yet.
If you aren’t GDPR compliant you’re likely to be in some serious trouble in the next few months.
Northern England, namely Manchester, is getting its first Amazon office.
If it happens, it will happen in 2020 or 2021, new reports claim.
In the data supply chain, businesses within the financial services space need to understand and to audit what happens to the data across the process.
Earlier this year, BlackBerry sued Facebook in the US for infringement of multiple patents, relating to various aspects of Facebook Messenger, WhatsApp & Instagram.
Developing a deep understanding of customers behaviours and preferences is the key to unlocking your data potential says Stuart Robb, CEO and founder of Equiniti Data.
IBM unveils plans to launch 18 new availability zones across North America, Europe and Asia-Pacific.
Chinese tech giant has one more chance according to the US trade adviser.
If you can't build your smart offering around the needs of one tenant, how can landlords of multi-tenant offices still provide an intelligent experience?
众所周知，微软即将在4月初为 Windows 8.1 发布一个春季更新，不过该更新的名称却一直犹抱琵琶半遮面。现在我们终于可以确定，该更新的正式称呼将是“Windows 8.1 Update”，而不是之前媒体盛传的“Windows 8.1 Update 1”或“Windows 8.
虽然圣诞节还有好几个月，但丝毫不影响在炙热的夏季，心中充盈着对寒冷时节的向往…… 从2009年起，布达佩斯交通 […]
9 月 13 日，一件特殊的宇航服即将在拍卖会上亮相。之所以说它特殊，是因为这件宇航服是给汪星人穿的。 1960 年 8 月 19 日，苏联斯普特尼克 5 号原型试验飞船成功将动物送入太空并安全返回。
今年早些时候，消息称苹果会在 iOS 8 中增加对高清晰音频播放的支持，iPhone 6 还将配备全新 EarPods 耳机，支持 24位/96kHz 标准。现在，Mashable 网站确认对 iPhone 6 进行的测试发现，设备并不支持高清晰音频播放。
Two children who recently traveled to West Africa are being tested for Ebola in Columbus, Ohio, after they showed symptoms of fever.The children, whose names have not been released, are 4 and 6 years old. They were transported to an area hospital at 2 a.m. Sunday, according to a local news report,
近日不斷有 HTC 下一代旗艦機 One (M9) 的傳聞流出，不過其最終名稱可能並非如此。因為消息一向相當準確的爆料大神 @upleaks 表示，HTC 下一代旗艦機的代號將會為 HTC Hima，而且預計最快會於 2015 年 3 月發佈。