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TRENDS & HAPPENING

New rules in Singapore to benefit blockchain based or peer to peer trading

The Monetary Authority of Singapore (MAS) today issued two consultation papers to improve market operators’ business flexibility when establishing new centralised trading facilities and speed to market when launching new products. The proposals are part of MAS’ broader objectives to facilitate innovation in financial services by recognising emerging new business models while safeguarding investors’ interest. […]

500 days and a billion barrels of lost oil pushes crude to $80

Editor’s note: ETV recently featured a piece where a Macquarie analyst said that its was possible for the Malaysian government’s revenue to stay in the green even with the reintroduction of fuel susbsidies. He said that this was because original forcasts were based on crude oil prices of USD$50 a barrel. The price of crude […]

Who will win in the race to sell best value items online?

Sucharita Kodali of Forrester Research says the “trillion-dollar question” for investors is picking a winner between firms like Amazon and Walmart in the race to sell low-priced goods. Watch the video at https://www.cnbc.com/video/2018/05/17/a-nasty-ugly-fight-in-retail-lies-ahead-analyst.html SOURCE: CNBC (6)

Algorithms are making the same mistakes assessing credit scores that humans did a century ago

Credit in China is now in the hands of a company called Alipay, which uses thousands of consumer data points—including what they purchase, what type of phone they use, what augmented reality games they play, and their friends on social media—to determine a credit score. However, there is no clear rules or guidelines about how […]

Google A.I. Chief Jeff Dean on Google’s newest developments in A.I.

CNBC’s Josh Lipton sat down with Google’s head of AI, Jeff Dean, to talk about the latest developments from Google I/O in AI, Google assistant and more. Watch the story at https://www.cnbc.com/video/2018/05/08/google-a-i-chief-jeff-dean-on-googles-newest-developments-in-a-i.html SOURCE: CNBC (0)

Ripple’s enterprise blockchain network adds a new bank

BankDhofar, an Oman-based financial investment management company, has joined RippleNet, a move the bank says enables it to provide global cross-border payments using Ripple’s blockchain technology. Read the full story at https://www.coindesk.com/ripples-enterprise-blockchain-network-adds-new-bank/ SOURCE:Coindesk (4)

Fujitsu showcases IOTA cryptocurrency as new automation standard

Fijitsu’s Intelliedge software was a popular presentation at Hannover Messe at one of the world’s largest industrial technology trade fairs. The company showcased what it claims to be the world’s first distributed ledger technology, based on IOTA, for the industrial environment. Read more at https://www.finder.com.au/fujitsu-showcases-iota-cryptocurrency-as-new-automation-standard SOURCE:Finder (4)

iPay88 Scores Another Win for Online Banking; Promotes FPX Credit Cards

“FPX will now be able to provide the ability to collect payments from more than 25.2 million Internet Banking users in Malaysia using both current / savings or credit card accounts.”   iPay88 Holding Sdn Bhd (formerly “iPay88 Sdn Bhd”) (iPay88), an NTT Data company and a leading Malaysian-based provider of online payment solutions in […]

Will do best to maintain integrity of upcoming elections around the world: Facebook CEO Zuckerberg to US lawmakers

“2018 is an important year for the whole world. Several countries like India, Brazil, Mexico, Pakistan and Hungary will have elections. We’ll do everything possible to ensure these elections are safe,” Facebook chief Mark Zuckerberg said. Watch the video at https://www.cnbc.com/video/2018/04/10/zuckerberg-one-of-greatest-regrets-was-handling-of-russian-information-operations.html SOURCE: CNBC (6)

TOP Cloud-Firewall Benefit: Integration with the Cloud’s Management

Barracuda Networks, Inc. (NYSE: CUDA), a leading provider of cloud-enabled security and data protection solutions, today released findings on “Firewalls and the Cloud”, a survey of IT professionals responsible for cloud environment. Tim Jefferson, Vice President of Public Cloud, Barracuda shares, “Despite concerns about deploying traditional firewalls in the cloud, almost all survey respondents see […]

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